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Marketing Calculators
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Editor's Notes
Welcome to NextBee media’s online marketing brownbag. We have created this short video as a webinar for businesses in our community that use our software platform for their word of mouth marketing campaigns. We hope everyone involved in the online marketing field finds this introduction helpful. If you have any questions about the content covered in this session or would like to know more about NextBee media and how we can help you get the most from your word of mouth campaigns, then please, feel free to call us at 415 738 8290 or visit us at NextBee.com.
In this presentation we will look marketing calculators , the cost and skills required, usage details, along with the selection checklist, tips and additional tools.
Overview of marketing calculators One of the easiest to use, cheapest, and most helpful tools that any business owner can use is a marketing calculator. Marketing calculators help you to determine and break down financial data for any segment or aspect of your business, such as return on investment (ROI), marketing results, breakeven points, lifetime value of a customer, website visitor value, hourly rates, and profit calculators. It can either be desktop tools or web-based ones, depending on your needs.
Cost and skills required Many of these tools can be purchased for less than $100. Anyone can use a marketing calculator, as the majority of them are simple and straightforward.
Usage details Choose the applicable worksheet, and then enter in the various data needed. The calculator then will come up with the result. Marketing calculators can thus be used by marketers to plan, improve, or outline your website's financial status.
Checklist before selection You must make sure that the marketing calculator has the following features :- Calculate acquisition costs of customers from promotional campaigns, Calculate payback analysis, Price estimates for goods and services, Marketing and sales ratios, inventory turnover, and Earnings to time ratios calculations
Tips Consultants and accountants can be hired to do in-depth calculations and business analysis for your company. You must use these tools to organize and more easily monitor results.
Additional tools to consider Some additional tools to consider are :- Google AdWords, Web analytics, Marketing budget matrices, Competitive matrix, SEO tools, Keyword tools, Program roadmap, and Launch marketing budget.
We hope this video has answered key questions you have in mind. Incase you have further questions then please visit us at NextBee.com.
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