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The Revenue Marketing Report

The Holy Grail of B2B Marketing: ROI

Apr 24, 2024
Doug Bell, a Fractional CMO at Chief Outsiders, dives into the future of marketing and the necessity of attribution. He emphasizes the importance of data-driven models to measure ROI in B2B marketing effectively. Doug discusses the intricate, non-linear buyer journeys and the challenges of applying traditional attribution models. He also highlights the complexities of managing marketing data and the need for actionable insights over striving for perfection. Ultimately, adaptability and robust strategies are crucial for staying competitive in the evolving marketing landscape.
12:23

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Quick takeaways

  • Establishing a robust, multi-channel growth model is crucial for marketers to accurately measure ROI and understand channel effectiveness.
  • Effective attribution remains essential in B2B marketing, allowing marketers to evaluate the influence of various channels on the buyer's journey.

Deep dives

The Importance of Credible Growth Models

A strong growth model is essential for marketers to establish credibility in return on investment (ROI). Building a flexible, multi-channel model enables marketers to effectively analyze data, identify successes, and recognize areas needing adjustment. This model also emphasizes understanding the role of each marketing channel throughout the buyer's journey, ensuring that marketers do not overreact to fluctuations in specific areas, such as retargeting results. Ultimately, a robust model creates a foundation for accurate ROI measurement, which relies heavily on the implementation of effective attribution methods.

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