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How Do Marketers Learn About New Marketing Agencies?
Word-of-mouth is the top way that marketers hear about new marketing agencies, according to recent research.
Marketers are increasingly turning to outcome-based marketing, a discipline that seeks to reset the definition of success in business marketing by beginning with the end—that is, working backward from desired customer behaviors to the factors that drive those behaviors. Outcome-based marketing outperforms reach-based media planning on a ROAS (return on ad spend) basis by more than 50%.
Adopting and implementing an outcome-based strategy involves a reset of many of the basic tools of modern digital marketing. This includes diving deeper into business goals, optimizing channels, using the correct data, using predictive analytics, and continually refining your strategy. Predictive analytics can be the key to determining the right media spend and strategy.
Outcome-based marketing helps build long-term partnerships that embed companies deeply into their customers' ecosystems with a higher ROAS than reach-based planning. It sets the agenda on multiple fronts and provides clarity for seasoned professionals.
Outcomes Are In: Why Outcome-Based Marketing Is So Successful
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