Marketing Resource Allocation: Moving from Analytics to Action
While the increasing availability of “big data” enables empirically-guided approaches to marketing resource allocation, the organizational processes necessary for effective decision making and implementation must be in place. Companies need state-of-the-art analytics that show how different marketing investments affect sales and profits, managerial processes to translate model recommendations into organizational action, and closed feedback loops to ensure continued improvement in the analytics and processes.
This conference will explore the latest thinking on these issues:
- Overcoming barriers to translating analytic recommendations into allocation decisions.
- Fostering cross-functional collaboration—especially between marketing and sales—to implement allocation decisions.
- Conducting risk assessment and planning for contingencies in the allocation process.
- Creating and nurturing the feedback loops that promote organizational learning and continued improvement.
Please make your hotel reservations by calling the Inn at Darden at (434) 243-5000. Though the MSI group rate has expired, a limited number of rooms at the regular rate may still be available. Please contact Meetings@msi.org if you need assistance finding another hotel in the surrounding area. For your reference, below is general contact information for the hotel.
Inn at Darden
100 Darden Blvd
Charlottesville, VA 22906-7243