{"id":4422,"date":"2021-09-20T09:54:36","date_gmt":"2021-09-20T01:54:36","guid":{"rendered":"https:\/\/berniewong.net\/?p=4422"},"modified":"2021-09-20T09:55:22","modified_gmt":"2021-09-20T01:55:22","slug":"calculating-the-roi-of-marketing-meetings","status":"publish","type":"post","link":"https:\/\/berniewong.net\/zh-hk\/calculating-the-roi-of-marketing-meetings\/","title":{"rendered":"Calculating the ROI of Marketing Meetings"},"content":{"rendered":"<p class=\"wp-block-paragraph\">As a digital advertising and marketing agency, we have many meetings every day. Such meetings are intended either internally or with clients. For internal company meetings, we do a form of stand-up <a href=\"https:\/\/berniewong.net\/zh-hk\/social-distancing-measures-on-brainstorm-meetings\/\">meetings<\/a> that last no longer than 30 minutes. It is because we are most afraid of long and inconclusive <a href=\"https:\/\/doubleuvideo.com\/replaceable-backgrounds-on-google-meet\/\">meets<\/a>.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Recently, Google launched a very noteworthy feature. The platform added detailed analyses and <a href=\"https:\/\/social-stand.com\/google-releases-new-insights-on-top-searches-of-2020\/\">insights<\/a> about meetings in Google Calendar.&nbsp;The data tells you how much time you spend in meetings every day, how many people and who you have meetings with, and so on. It is a function that is like our phone\u2019s Calendar app.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most business leaders and marketers have to engage in many meetings. But are they viewing their weekly or monthly meetings\u2019 summary? It is important to do so. It will help them know if the time spent in meetings is effective. It can also help them check if the results are proportional to the meetings\u2019 length.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/berniewong.net\/zh-hk\/calculating-the-roi-of-marketing-meetings\/#Is_the_Goal_Always_to_Get_More_Likes\" >Is the Goal Always to Get More Likes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/berniewong.net\/zh-hk\/calculating-the-roi-of-marketing-meetings\/#Goals_Other_Than_Getting_More_Likes\" >Goals Other Than Getting More Likes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/berniewong.net\/zh-hk\/calculating-the-roi-of-marketing-meetings\/#Focusing_on_Execution_But_Ignoring_Goal_Setting\" >Focusing on Execution But Ignoring Goal Setting<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_the_Goal_Always_to_Get_More_Likes\"><\/span><strong>Is the Goal Always to Get More Likes?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is the typical workday of many people in Hong Kong. Daily meeting schedules keep them busy to target a sense of fulfillment. But they often and ultimately fail to achieve the goals set out for these meetings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before entering the meeting room, all <a href=\"https:\/\/doubleuvideo.com\/the-official-launch-of-multi-participant-live-streaming-on-instagram\/\">participants<\/a> need to think about what they want to achieve at the end of the discussion. The same goes when formulating a marketing plan. The goals should be articulated first. This is not a straightforward challenge. Most of our clients&#8217; goals are to increase \u201c<a href=\"https:\/\/berniewong.net\/zh-hk\/what-is-the-target-number-of-likes-for-your-business-this-year\/\">Likes<\/a>\u201d and <a href=\"https:\/\/social-stand.com\/tips-to-write-facebook-instagram-ads-that-generate-sales\/\">sales<\/a>. In most cases, they want both.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At this point, apart from consoling ourselves that &#8220;the customer is always right,&#8221; we take the time to explain to the client the relative weight of each goal. If they have more than one goal, we ask them to rank the goals in terms of priority. These well-articulated goals can greatly in the planning phase.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Goals_Other_Than_Getting_More_Likes\"><\/span><strong>Goals Other Than Getting More Likes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Generally speaking, there are other <a href=\"https:\/\/social-stand.com\/facebooks-new-overview-of-how-ads-work\/\">marketing goals<\/a> beyond getting more likes and sales. These fall under three categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Awareness and Exposure. This is to have more people pay attention to the brand\u2019s products or services.<\/li><li>Engagement. This refers to the users&#8217; participation on social media through likes, comments, and shares.<\/li><li>Conversion. This could be in the form of clicking a link to access an online store, filling in customer information, purchasing a product, etc.&nbsp;<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The third marketing goal requires a carefully designed user end-to-end conversion process. This is to ensure that the <a href=\"https:\/\/doubleuvideo.com\/new-comparative-data-tools-in-youtube\/\">data<\/a> obtained in the process are meaningful in achieving these goals. Thus, if there is more than one goal, it is more practical to distinguish which takes priority and work toward them on stage.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Focusing_on_Execution_But_Ignoring_Goal_Setting\"><\/span><strong>Focusing on Execution But Ignoring Goal Setting<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It is undoubtedly true that the devil is in the details. Only a well-executed project can succeed. However, if a <a href=\"https:\/\/berniewong.net\/zh-hk\/bernie-wong-speaks-to-hku-mba-students-on-developing-omni-channel-marketing-campaigns\/\">marketing campaign<\/a> begins with the wrong goals, no matter how well you execute a plan, it will only speed up the process of failing.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is highly possible to embark on small projects with small investments. The mentality of executing an idea quickly is to fail and learn fast through the process. However, for many medium- and large-scale projects, it is wishful to think that focusing only on the execution and its details \u2013 when there is a lack of articulated goals \u2013 can create miracles.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some businesses spend a lot of time fine-tuning the design of advertisements, targeting interests, and so on. Optimizing advertising isn\u2019t important, but that it is not cost-effective to spend too much time on them, compared to spending time on other marketing projects and content. Everyone only has 24 hours in a day. Time is an asset to everyone. As a busy marketer, how are you making use of this limited asset that once spent can\u2019t be earned back?\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source:<\/strong> <a href=\"https:\/\/www.visiongo.hsbc.com.hk\/en\/article\/calculating-the-roi-of-marketing-meetings\">https:\/\/www.visiongo.hsbc.com.hk\/en\/article\/calculating-the-roi-of-marketing-meetings<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>As a digital advertising and marketing agency, we have many meetings every day. Such meetings are intended either internally or with clients. For internal company meetings, we do a form of stand-up meetings that last no longer than 30 minutes. It is because we are most afraid of long and inconclusive meets.&nbsp; Recently, Google launched [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[33,62,61],"tags":[535,536,534,264,533],"class_list":["post-4422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-trends","category-content-marketing","category-digital-marketing","tag-execution","tag-goal-setting","tag-goals","tag-likes","tag-roi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Calculating the ROI of Marketing Meetings - Dr Bernie Wong - AI and Storytelling Trainer<\/title>\n<meta name=\"description\" content=\"As a digital advertising and marketing agency, we have many meetings every day. 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