Searching for True ROI Measurement of Public Relations Programs (Business-to-Business)
As a business owner myself, I fully understand that, when decisions on how best to allocate budgets are made, the preference is to base those decisions on the ability to easily, quantifiably measure the return on investment of the product or service. As a Public relations professional, I also fully understand that we, as a group, and our clients, have been thinking about and discussing effective ROI measurement in greater detail over the last few years because everyone (PR practitioners and clients alike) seems to be more accountable than ever before. If my clients had larger budgets to work with, I would welcome regular primary research to uncover perceptions and track awareness in their respective target markets. However, it is significantly more difficult (and expensive) to survey specific titles and departments within financial institutions, than to survey 18-22 year olds on their mobile phone preferences. Therefore, we have to look for ways to effectively measure business-to-b...