EBK MARKETING
EBK MARKETING
10th Edition
ISBN: 9780135209783
Author: Stuart
Publisher: YUZU
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Chapter 3, Problem 10QA
Summary Introduction

To define: Meaning of return on marketing investment and explanation for considering marketing as an investment instead of an expense that affects a firm.

Introduction: Market planning means the process used to define the aim of the company’s way to market their product or services. The process used for gathering the strategies that the company will use and tactics to achieve them.

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What is marketing return on investment?
How do you calculate the return on marketing investment (rOMI)? How can a business benefit from seeing marketing as an investment rather than an expense?
Is the business or marketing idea valid?
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