B2B Revenue Vitals cover image

B2B Revenue Vitals

RV215 - Fixing Your Broken Marketing ROI | Go To Market Live Episode 32

Oct 4, 2024
Explore the misconceptions around marketing ROI in the B2B space. Discover the importance of viewing ROI from a departmental perspective rather than just campaign level. Gain insights on creating a cohesive 'revenue factory' where departments collaborate effectively. Learn how to address inefficiencies in sales and marketing connections through improved data usage. Hear about the dangers of granular metric segmentation and the need for a unified strategy to optimize budget allocations for better overall business performance.
54:32

Podcast summary created with Snipd AI

Quick takeaways

  • Measuring marketing ROI from a departmental perspective fosters a comprehensive understanding of investments contributing to overall business performance.
  • Reliance on first-touch attribution can lead to misguided strategies, making nuanced models essential for accurately assessing marketing's effectiveness.

Deep dives

Importance of Measuring Marketing ROI at the Department Level

Measuring marketing ROI should be done at the department level rather than at the program or channel level. This distinction is crucial because it allows for a broader understanding of how all investments contribute to the creation of pipeline and overall business performance. For instance, viewing ROI solely through the lens of direct response campaigns leads to misleading conclusions about the efficacy of brand marketing, which plays a vital role in long-term success. Understanding ROI on a departmental scale enables businesses to align their marketing strategies more effectively with overall goals, ultimately improving performance.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode