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Marketing Effectiveness Audit

Accounting

A marketing effectiveness audit provides a comprehensive, systematic and independent examination of the company's marketing environment----across all major marketing activities of the business. It is often the first step in improving a company's market performance.

Key issues addressed:

  • Have marketing objectives, strategies and plans been set, and do they reflect marketplace requirements?
  • What elements of the marketing mix provide the greatest leverage opportunities?
  • Can marketing resources be realigned to improve efficiency and effectiveness?
  • Are there opportunities to improve marketing and sales planning, through redesigned systems, processes or organizational structure?

Approach and anticipated results:

Through internal interviews and primary and secondary research, a company's or brand's strengths, weaknesses, opportunities, and threats are uncovered. A corrective action plan then is developed to identify a limited set of marketing levers with a focus on improving marketing efficiency and effectiveness.
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