Hey Rockstarr team –
How do you measure if a marketing strategy is working?
A marketing strategy isn’t about getting likes, shares, or even website traffic—those are vanity metrics. The real question is, is your marketing generating revenue? If the answer is no, your strategy isn’t working.
To measure effectiveness, you need to track key performance indicators (KPIs) that tie directly to business growth. These can include:
- Lead Generation: How many qualified leads are you getting? Not just any leads—are they the right ones?
- Conversion Rate: Out of all the leads coming in, how many actually become paying customers?
- Customer Acquisition Cost (CAC): How much are you spending to acquire a customer, and does that cost make sense for your profit margins?
- Customer Lifetime Value (CLV): Are customers sticking around and buying more, or is it a one-time deal?
- Revenue Growth: Is your marketing contributing to overall business revenue?
One of the biggest mistakes businesses make is assuming that if they’re getting a lot of traffic, their marketing is successful. But if that traffic isn’t converting into leads and sales, it’s meaningless. You don’t need more eyeballs—you need the right eyeballs.
Another way to measure success is through engagement with intent. If your social media posts are getting comments like, “How can I learn more?” or “Do you offer this service?”—that’s a great sign. If your email campaigns lead to replies or scheduled calls, you’re on the right track.
You should also track the customer journey. Where are people dropping off? Are they clicking on your ads but bouncing from your website? Are they opening emails but not booking calls? Identifying these gaps allows you to tweak and optimize your strategy for better performance.
Finally, a marketing strategy should be predictable and scalable. If you suddenly stopped all efforts, would your pipeline dry up? If the answer is yes, your strategy isn’t sustainable. A solid marketing strategy should continuously bring in leads and nurture them over time.
In short, marketing should lead to measurable business growth. If you’re not seeing a direct impact on your bottom line, it’s time to rethink your approach.