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6 Ways to Move Beyond the Commodity Mindset

Consulting Success

Many years ago, Tropicana took orange juice to a new level with its branding, marketing message, and advertisements. The company developed a solid product and charged a premium for it. People with a commodity mindset focus too much on what they will deliver and do for their clients, and not enough on the outcome, result, and ROI.

Retail 268
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Marketing Mix Modeling MMM (Part 3 of 3)

Tom Spencer

Then, budget allocation is done, by shifting money from low ROI mediums to high ROI mediums, thus maximizing sales while keeping the budget constant. We can construct a regression equation that considers the proportion of investments in different marketing channels and develop an algorithm to maximize revenues. Types of MMM.

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Is Execution Where Good Strategies Go to Die?

Harvard Business

In my work analyzing the thinking styles of leaders in organizations, I’ve found that strategy is usually developed by people who have a big-picture orientation, while execution is often done by those with a detail orientation. I consistently see measurement as an afterthought in strategy development.

Strategy 134
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An Emotional Connection Matters More than Customer Satisfaction

Harvard Business

By applying sophisticated big data analytical techniques, we have developed a method for optimizing the customer experience investments that directly drive increased emotional connection and, thereby, greater customer value and financial returns.

Retail 132
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Is Your Marketing in the Right Place but at the Wrong Time? - SPONSOR CONTENT FROM GOOGLE

Harvard Business

How exactly are they doing that, and thereby realizing further gains in ROI? Trust, Transparency and Value-How Google Is Working to Improve Online Advertising for Everyone. Leaders own their digital destiny by taking control of their consumer data and by integrating their marketing and advertising technologies.

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The Scale of the Climate Catastrophe Will Depend on What Businesses Do Over the Next Decade

Harvard Business

The list of actions companies take is well-developed and documented, and most large companies do the following: Slash energy use and emissions in operations. Engage employees, through awards and incentives, to innovate, find operational savings, and develop products that cut customers’ emissions as well. What should they do ?

Energy 132
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Healthcare Branding: The Need for a Strong & Unique Brand

Tom Spencer

Some factors that make this so difficult include regulatory restrictions, emphasis on ROI, and the increasing number of mergers and acquisitions. Consider some of the impacts branding can have: Provides direction for future product development. Develop Unique Customer Experiences. Builds trust. Attracts high end clinical talent.