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For Marketing Leadership Professionals

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August 8, 2007

Marketing's New Key Metric: Engagement

Marketers Must Measure Involvement, Interaction, Intimacy, And Influence

by Brian Haven

with Josh Bernoff, Sarah Glass

Average:
(12 ratings)

This is an excerpt

Executive Summary

The marketing funnel is a broken metaphor that overlooks the complexity social media introduces into the buying process. As consumers' trust in traditional media diminishes, marketers need a new approach. We propose a new metric, engagement, that includes four components: involvement, interaction, intimacy, and influence. Each of these is built from data collected from online and offline data sources. Using engagement, you get a more holistic appreciation of your customers' actions, recognizing that value comes not just from transactions but also from actions people take to influence others. Once engagement takes hold of marketing, marketing messages will become conversations, and dollars will shift from media buying to customer understanding.

TABLE OF CONTENTS

  • Does The Marketing Funnel Need An Upgrade?
  • Engagement: A New Perspective On Marketing
  • Engagement Enhances Customer Insight

WHAT IT MEANS

  • Engagement Redirects The Marketing Trajectory
  • Related Research Documents

This is an excerpt

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