Marketing ROI Tracker
Designed for Marketing Managers
Compare the return on investment (ROI) of various events, identify patterns, and quantify the relationships between demographic groups, dwell time, and spending in relation to event investments.
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Tracking the effectiveness of each marketing event enables managers to gain insights into the success of their campaigns and make data-driven decisions, thereby optimising their marketing strategies.
Challenges
How Does the App Work?
Configure a list of marketing events with their respective parameters such as event dates, evaluation periods, campaign types, metrics to be measured and other relevant attributes for evaluation purpose.
Marketing managers can determine the effectiveness of their events by comparing pre- and post-event traffic and sales data patterns obtained by measuring shopper traffic patterns and combining them with sales data.
Analysing the measured responses of ongoing and past marketing events enables marketing managers to identify common response patterns and correlations between different attributes.
With built-in predictive analytics and machine learning algorithms, a marketing manager can simulate the effectiveness of previous campaigns to upcoming events by forecasting potential outcomes based on historical data.
Features
Compare the return on investment (ROI) of various events, identify patterns, and quantify the relationships between demographic groups, dwell time, and spending in relation to event investments.
By analysing data such as footfall, sales, and other metrics across different zones, the app can provide insights into the varying marketing effectiveness of each zone. This can help mall operators and marketing managers make informed decisions on which zones to prioritise for future marketing events and investments.
By targeting the right audience with relevant marketing messages, mall management can increase their return on investment (ROI) and reduce marketing costs by avoiding wasted efforts on audiences that are unlikely to convert.
Case Studies
See all Case StudiesA Shopping Mall in Kuwait
Selecting the appropriate functions and devices to serve your specific purpose is crucial. To get started with your own designs, it can be helpful to review deployments of similar systems in other malls for inspiration.
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