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What Are Marketing Performance Metrics™ & Why Are They Important?

Perpetual Traffic

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Importance of Marketing Performance Indicators (MPIs)

The chapter emphasizes the significance of Marketing Performance Indicators (MPIs) over traditional marketing metrics for measuring business growth effectively. It discusses various MPIs such as customer acquisition costs, media efficiency ratio, and average order value, highlighting the need for alignment between marketing and finance. The hosts stress the importance of prioritizing New Customer Acquisition Cost (NCAC) over quick wins and using tools like EPCMV to accurately measure the cost of driving traffic to a website.

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