Marketing Dashboard
Marketing Dashboard
Professionals involved in MPM implementation use a dashboard to report the marketing performance. The dashboard is where all data and metrics are collated and presented as useful information for the organization. Marketing professionals create these dashboards from metrics and KPIs. Organizations can then use this information to proceed with their marketing. In essence, a dashboard is a multilayered performance management tool that enables organizations to measure, monitor and manage business activity by using both financial and non-financial measures. The dashboard provides analysis into the progress of the organization toward achieving each defined objectives.
A good dashboard consists of three layers:
Level
FunctionDescription
Executivelevel
Strategic level
Monitors and measures performance against business outcomes and marketing objectives
Operational level
Marketing management
Tracks performance of core marketing strategies and processes
Tactical level
Functions and individuals
Analyzes performance at project or activity level as they relate to the first two
An ideal dashboard should show the progress of marketing, help assess productive areas, and help in the decision making. In addition, dashboards provide an indication on the value of marketing and also helps to align marketing with the business.
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