Order 1368007: products and services
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WORKBOOK | © 2018 YOUNG RABBIT PTY LTD, AUSTRALIAN PACIFIC COLLEGE BSB42415 CERTIFICATE IV IN MARKETING AND COMMUNICATION | PRODUCTS AND SERVICES_V1.4
3. REVIEW AND REPORT ON PROMOTIONAL ACTIVITIES 3.1 Analyse audience feedback and data to determine the impact of the promotional activity on the delivery of products and services
3.2 Assess effectiveness of planning processes to identify possible improvements in future activities
3.3 Collect feedback and provide to personnel and agencies involved in promotional activity
3.4 Analyse costs and time lines to evaluate the benefits accruing from the promotional activities
3.5 Prepare conclusions and recommendations from verifiable evidence and provide constructive advice on future directions of promotional activities
3.1 – Analyse audience feedback and data to determine the impact of the promotional activity on the delivery of products and services
3.2 – Assess effectiveness of planning processes to identify possible improvements in future activities
3.3 – Collect feedback and provide to personnel and agencies involved in promotional activity
Feedback
As with many other areas of promotion, events or public relations that a company undertakes, feedback is now regarded as essential to make informed and future planning. It could be in the following forms.
In the case of promotional activity
Thank you for taking the time to complete this survey. Your feedback will allow us to improve our events in the future.
Please rate this event on the following:
Excellent Above Average Average Below Average Poor
Overall agenda Excellent Above Average Average Below Average Poor
Keynote speakers Excellent Above Average Average Below Average Poor
Informational presentations Excellent Above Average Average Below Average Poor
Networking opportunities Excellent Above Average Average Below Average Poor
Social events Excellent Above Average Average Below Average Poor
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WORKBOOK | © 2018 YOUNG RABBIT PTY LTD, AUSTRALIAN PACIFIC COLLEGE BSB42415 CERTIFICATE IV IN MARKETING AND COMMUNICATION | PRODUCTS AND SERVICES_V1.4
Excellent Above Average Average Below Average Poor
Entertainment Excellent Above Average Average Below Average Poor
Event location & venue Excellent Above Average Average Below Average Poor
Food served at event Excellent Above Average Average Below Average Poor
Promotional Event Feedback Survey:
Thank you for taking a few minutes to complete this survey about [Name of Event]. Your response will help us to plan future events. We appreciate your feedback.
Overall, how satisfied are you with the event?
1 2 3 4 5 Very Dissatisfied
Very Satisfied
How satisfied were you with the event’s registration process?
1 2 3 4 5 Very Dissatisfied
Very Satisfied
How satisfied were you with the event’s location?
1 2 3 4 5 Very Dissatisfied
Very Satisfied
How likely are you to attend a future event?
1 2 3 4 5 Very Unlikely
Very Likely
What did you like the most about the event?
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What can we do to improve future events?
Additional comments or suggestions
Comments only
What were the strengths of the event? What did you find most useful or enjoyable?
Which parts were the least useful or enjoyable?
Comments and recommendations:
How did you hear about this event?
Would you like to hear about similar events in the future? If so, please provide your email address here:
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Extracting the information is just as important as collecting it.
Assess effectiveness of planning processes
EVENT ITEM %
POSITIVE %
NEGATIVE %
UNCERTAIN ACTIONS
Overall agenda
Keynote speakers
Informational presentations
Networking opportunities
Social events
Entertainment
Event location & venue
Food served at event
Compare objectives with feedback results
EVENT ITEM BRIEF OBJECTIVE DESCRIPTION ACHIEVED NOT
ACHIEVED
Overall agenda
Keynote speakers
Informational presentations
Networking opportunities
Social events
Entertainment
Event location & venue
Food served at event
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Communicating results to personnel and agencies involved in promotional activity:
Once the feedback has been gathered and extracted, there will be several areas of further communication required to complete the cycle.
Messaging
Before and after.
Advising stakeholders prior to the event with your intended outcomes will give them at the end of the event a comparison to base their own findings. If you are the only one who has knowledge of your objectives, the outcomes can be suspected as being clouded.
You don’t need to advise a Business Plan; the key points you want to convey is sufficient.
Distribution of the results. There are several methods you can use to get the word out:
The very basic includes emails and faxes, but it’s one dimensional and sometimes gets misunderstood, particularly if the feedback is negative.
What is the most effective format in which to communicate the message: text, video or multimedia?
The more detailed your reporting, the more effective your communications will be. News releases are good for positive reporting and if it’s suitable, you can do this publicly. This will likely increase your chances of it being picked up by other agencies and spread wider. Technology such as Blogs and Tweets can be interesting to some stakeholders who embrace this method. It is becoming more acceptable than a standard press release distribution.
more and more for business feedback distribution; however, they are also public platforms and can be open to criticism which also can get picked up and distributed.
Basic items to use in communicating results to personnel and agencies involved in promotional activity include the following:
A solid media list should be in place. Media lists can be created from within the organisation or you can obtain
them online. Expert sources or contractors. Individuals within the company who can then discuss the feedback and relate
to future changes. Selected online networks which can also connect your with industry experts. Blogs offer a forum for you to voice your feedback should that be the desired
option.
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3.4 – Analyse costs and time lines to evaluate the benefits accruing from the promotional activities
Analyse costs and time lines
Review: 1.4. Ensure that time lines and costs for promotion of activities are realistic and consistent with budget resources.
Summary: Define your objectives. What do you hope to accomplish? Can I afford it? Is the overall budget impacted? Create a follow up or feedback sheet to be completed at the event or online
at a later stage.
Using the event information
Depending on the type of promotion, there are varying ratios to express success based on industry expectations and your expectations.
Once you have completed a promotional event all factors should be recorded and the data compared against these standards to rank the results.
You will also need to compare your costs associated with the campaign versus the net results to determine your ROI (return on investment).
Ultimately, this should be the measure as to the success and effectiveness of a promotion.
Evaluate the benefits accruing from the promotional activities
Costs /Budgets:
These are fairly obvious assessments as they can be expressed in bottom line results or either profit or loss; however, there are areas within the budget results that may indicate a ‘benefit’ if not the overall result.
For example:
Revenue: Sponsorship was up from last year Lead generation was higher than previous years.
Expenses: Speaker costs were down Transport costs were lower than previous years.
The analysis of each line item in a budget will help you assess individual benefits that you could further concentrate on for the same or similar event or promotional activity in the future.
Know the objectives of the promotion: Pre determine how you will measure the success of the promotion.
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Make sure your methods used can measure those objectives. Have a means to track each promotional aspect or area so that you can
attribute results to the right department or area. Consider the long-term with any promotion as a well executed promotion can
have a residual positive impact for future planning.
Assessment tools:
Promotional Activity
Cost Review / Budget results
Comments
Evaluation form – event organiser
Activity Name:
Location and Date:
Event Details: Name of Event: Date: Location: Event Objectives: Brief Description of the Event:
Event Promotion: Methods used to promote event (indicate all that apply)
Mail-out Posters Brochures Newspaper adverts Radio adverts
TV adverts Website Newsletter adverts other networks
Expected number of participants: Actual number of participants:
Media Attendance:
Were the media invited to the event? Yes No
Media Attendees Names
TV
Radio
Newspaper
Magazine
Other
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3.5 – Prepare conclusions and recommendations from verifiable evidence and provide constructive advice on future directions of promotional activities
From the promotional event analysis form above, there would be a natural flow to reach some conclusions and to then provide those stakeholders with constructive advice for future promotional events. You can use many formats, such as face to face, emails or other reporting mechanisms.
Using a flow on format from the data you collected is a good idea as it gives you first hand reference back to the verifiable evidence you are commenting on.
Constructive Advice
What worked well
What could be improved
Recommendations
Timing
Choose your words
Start with the positive
Be descriptive and talk about the facts
Collaborate to come up with ideas for improvement
Hints on providing constructive feedback
Timing: Make sure the time is right. The sooner the better, but if you’re upset about the situation – or your employee is – take a time-out.
Choose your words: The way you say something can have a great impact on the receiver. Depending on your choice of words, you can establish positive feedback without a hostile environment.
Start with the positive: Positive feedback acknowledges good contributions and work well done. Give specific examples of what the receiver did well. Doing so is more meaningful than just a general “Good job!”
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Be descriptive and talk about the facts: When giving constructive feedback, discuss what happened, not how you feel about what happened. Focus on the situation, describe it, and stay objective. Give a reason why it’s an issue and state the impact it had on the rest of the staff, the organisation, or the customer.
Collaborate to come up with ideas for improvement:
It’s not up to you to come up with all the solutions by yourself – although you can offer suggestions that you think would be helpful. Make a point of involving the recipient in this crucial part of the feedback process. This way, the recipient has some ownership and involvement in decision-making, which will result in a greater commitment to see that it’s implemented. Working together finds better ways of improving the situation and will likely create a solution that is acceptable to both of you.
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Activity 3.1
1. Discuss these FIVE areas in SUMMARY detail to fully appreciate the range of options. a. Analyse audience feedback and data to determine the impact of the
promotional activity on the delivery of products and services b. Assess effectiveness of planning processes to identify possible
improvements in future activities c. Collect feedback and provide to personnel and agencies involved in
promotional activity d. Analyse costs and time lines to evaluate the benefits accruing from the
promotional activities e. Prepare conclusions and recommendations from verifiable evidence and
provide constructive advice on future directions of promotional activities