| Rebranding and Repositioning
are important decisions, and therefore, they should not be made in "hopes"
that their outcome is positive.
We strongly believe that
these initiatives should be based in real-world business metrics, just like any
other strategic decision. Below are eight key performance
metrics that we typically use to help forecast and measure progress of our engagements.
Some may vary depending on the situation, but this will give you a good idea of
what kind of results you should expect from your engagement with Turning Point
Strategies. 1.
Number of Suspects Touched Per Month The
goal is to narrow the scope and focus of your marketing efforts to get in front
of more qualified prospects. 2.
Number of Leads Gathered Per Month A
focused message and call to action will generate more leads from your chosen target
market. 3.
Number of New Customers Per Month Your
conversion rate will rise because of your focus on solving a specific problem
for a specific market - you'll be the most qualified choice in the prospect's
eyes. 4.
Average Sale Because
of your focus, you will be perceived as the expert, and you'll be able to charge
a premium for your products and services. 5.
Number of Transactions Per Month By
serving your customer base with unparalleled service and attention, they will
continue to look for you for more and more products. 6.
Internal Brand Recognition Simply
by knowing why they come to work everyday, and that they are contributing to a
higher purpose will help increase motivation and satisfaction, while reducing
turnover. 7.
External Brand Recognition Through
focus, your chosen target market will begin to recognize that you stand for something
in the market. 8.
Customer Satsfaction Index Building
loyalty among your core customers hinges on satisfaction, delight, and gaining
their confidence so they feel comfortable recommending your company. |