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“Creative Sales and Marketing, IT strategies” ACE Management Group Designed by Stacey L. Vernooy Phone: 905-333-5698 [email protected] Measuring Marketing Ways to ‘hit’ the summer crowds with profitable margins “Creative Sales and Marketing, IT strategies” ACE Management Group Designed by Stacey L. Vernooy Phone: 905-333-5698 [email protected]

Measuring Marketing 101

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Analysis is a part of management accounting that requires summary information to be provided for decisions. With a financial framework, interesting cross sections of information can assist in communicating objectives and succesful goal setting.

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Page 1: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

Measuring Marketing

Ways to ‘hit’ the summer crowds with profitable margins

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

Page 2: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

Factors affecting your sales

• Day of the Week• Inventory / Features• Staff

If you told everyone within 1 kms of your location that you had a greek salad for lunch, told them the price and reinforced it ‘on site’ and the sale of greek salads went up, you selected a measurable item.

Page 3: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

Evaluate your ‘Features’

• Number of sales• Dollars generated by sales• Cost of item sold• Preparation and presentation

– In a crowd, can you serve and manage a lot of customization, NO, be simple

– Inventory items expiry, get them out the door– ‘PITA’ day, ‘Bun-day’, ‘Kaiser-day’ – get them

out the door

Page 4: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

How to measure your marketing ?

Areas of Menu

Before After Change $$$ Spent to ‘highlight’

Hamburger 10 8 2 0

Cheeseburger 8 15 7 0

Chicken on a Pita NEW

0 9 9 $ 50

Roast Beef on a Bun NEW

0 8 8 $ 50

Chicken Greek Salad

0 5 5 $ 0

Page 5: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

How to ‘send out’ to build deliveries

• Send out Fax form to allow audience to ‘order’ in your new item– Ie. Fax to a company your ‘Chicken Greek

Salad for delivery’, Roast Beef on a Bun

– Item Description Contact Delivery Address

“ Delivered for your 11:30 AM Lunch ! “

Page 6: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

Resources Available …

• Tally Sheets– Easy to maintain, accuracy is questionable but ‘quick

highlights’ on what’s working• Cash Register Sale Ring offs

– By Price– By Itemized Sale or Category Item

• Computer System Custom Reporting– Development efficiency, good growth measurement,

potential to inventory evaluation and costing component, can be built very flexible and adaptible

EASE OF USE, BE PRACTICAL

Page 7: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

Date: ______________ 2007

___ Mon ___Tues ___Wed ___Thurs ___Fri ___Sat ___Sun

Page 8: Measuring Marketing 101

“Creative Sales and Marketing, IT strategies”ACE Management Group

Designed by Stacey L. VernooyPhone: 905-333-5698

[email protected]

Thank you

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