The Whole Marketer podcast
Avsnitt

How to Balance Brand vs Performance Marketing: Marketing Effectiveness and the ROI Data Behind the Ratio

Dela

Episode 170 with guest James Hurman, Founder of Previously Unavailable and co-founder of Tracksuit, AF Drinks and Caffeine 

This week's technical marketing skill is another on marketing effectiveness as we believe it's a core capability gap we need to close as a profession, so that we can truly be the growth engine of the business and lead the long-term commercial agenda 

Abby is joined by James Hurman to discuss why marketing leaders need to be investing in brand AND performance and avoiding the 'performance trap'. Plus the ROI data behind 60/40 split (Binet and Field's Long and Short of it) now being approximately 50/50 for maximum gains, building a measurement framework that actually connects to commercial outcomes, and the mindset shift senior marketers need to set themselves up for a successful tenure. 

Joining Abby is James Hurman, a New Zealand-based founder, entrepreneur, investor, author and leading voice on marketing and advertising effectiveness. He is Founder and Chair of Previously Unavailable and co-founder of Tracksuit, the brand tracking platform fast becoming a go-to among UK marketers, alongside AF Drinks and Caffeine. James is the author of The Case for Creativity and Future Demand, and consults to major organisations globally on marketing and advertising effectiveness. 

 

Key takeaways 

  • Beware the performance trap… We understand the pressure to show quick wins but short-term, visible results can mask an eroding baseline and a shrinking pool of future customers. 

  • The ROI evidence for a 50/50 split keeps stacking up… James discusses four separate data sets across three decades that indicate overall ROI is highest when spend is balanced between brand and performance. 

  • Build a measurement stack… James recommends tracking three levels: campaign metrics (is anyone noticing our advertising), interim metrics (is our brand growing in awareness, consideration and preference) and commercial metrics (sales, profit, market share). Most businesses have the top and bottom covered but are missing the brand dashboard in the middle. 

  • The power of knowledge… The confidence to make the case for the right investment and to hold your own with stakeholders comes from building your knowledge on effectiveness. 

  • Set your foundations early if you want to leave a legacy… Marketing leaders who do the right things for long-term brand building, even if it means a slower start, tend to look far better by the time they leave a role than those who chase quick wins.  

 

00:00 — Welcome to the Whole Marketer Podcast 

02:38 — Today's Big Juicy Question: What Is Marketing Effectiveness? 

04:02 — Why Marketers Know What to Do but Don't Always Do It 

07:33 — The Skills Gap Behind Connecting KPIs, Allocation and Investment 

09:09 — Bringing Distributed Marketing Science Together 

11:49 — Why It's Fair for Stakeholders to Question Marketing Spend 

13:39 — Introducing the Performance Trap 

14:18 — What's Fuelling the Shift Towards Performance Marketing 

16:41 — The Hidden Cost of Leaning Too Hard Into Performance 

18:56 — Why CFOs Should Judge Marketing on Annualised ROI 

19:34 — Do You Want to Leave Your Job Looking Good or Not? 

22:56 — How the Best CMOs Set Their Foundations in the First 90 Days 

26:59 — Why Knowledge Builds Real Confidence 

28:36 — Knowledge, Humility and the Power of Asking Questions 

32:14 — Explaining Current Demand and Future Demand 

34:31 — Why Advertising Doesn't Directly Cause Sales 

36:50 — A Framework Marketers and Non-Marketers Can Both Understand 

39:51 — The Evidence Behind the 60/40 Rule 

42:38 — Four Data Points From 1992 to Today 

44:20 — Building a Measurement Framework That Reaches the Boardroom 

45:11 — The Three-Level Metric Stack: Campaign, Interim and Commercial 

47:11 — Why You Need a Brand Dashboard Alongside Your Performance Dashboard 

49:58 — James's Advice for Marketers of Tomorrow 

 

Resources 

The Whole Marketer 'Define your ideal role' resource – free download 

 

 

About The Whole Marketer 

The Whole Marketer podcast is here to support and empower the people behind brands and businesses with the latest technical tools, soft and leadership skills and personal understanding for a fulfilling marketing career and life as a whole. 

Did you know The Whole Marketer is more than a podcast and book? We're your trusted partners for marketing capability and transformation, providing consultancy, training & workshops, speaking, coaching, mentoring and trusted advisory service. 

Visit www.thewholemarketer.com to see how we support leaders to build successful and fulfilled marketing teams with the holistic skills to lead the long-term commercial agenda and deliver the true potential of marketing. 

Contact hello@thewholemarketer.com to get in touch with Abby and the team 

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