RV 126 - Unlocking Marketing ROI: Data and Strategies
Chris Walker hosts weekly Private Coaching Events for Vault Subscribers, which opens with covering important and timely industry observations.
He starts by discussing the importance of looking at marketing ROI from a holistic perspective rather than getting caught up in micro-analyzing individual campaigns. Then he shares proprietary data collected from B2B companies in the $50 to $250 million revenue range over the past four to eight quarters. The data reveals a wide range of marketing ROI performance, with bottom performers getting as low as 28 cents in revenue for every dollar spent on marketing, while high performers achieve $3 in revenue for every dollar spent. Chris emphasizes the need to focus on improving overall marketing ROI before scaling up spending, as scaling without efficiency leads to further degradation. He also highlights the importance of analyzing data to identify what is driving impact and making strategic decisions based on that information.
Thanks to our friends at Hatch for producing this episode. Get unlimited podcast editing at www.hatch.fm
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