Efficiency Control
Efficiency
Control :-
Suppose a profitability analysis reveals the company is
earning poor profits in certain products, territories, or markets. Are there
more efficient ways to manage the sales force, advertising, sales promotion,
and distribution? Some companies have established a marketing controller
position to work out of the controller’s office but specialize in improving
marketing efficiency. General Foods, DuPont, and Johnson & Johnson perform
a sophisticated financial analysis of marketing expenditures and results. Their
marketing controllers examine adherence to profit plans, help prepare brand
managers’ budgets, measure the efficiency of promotions, analyze media
production costs, evaluate customer and geographic profitability, and educate
marketing staff on the financial implications of marketing decisions
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