This paper presents a marketing metrics analysis for Dawn, a startup assisted living company targeting the aging baby boom generation. It examines five core metrics: sales growth as a measure of revenue performance across financial periods; customer preference as a readiness-to-buy indicator; customer satisfaction tracked through referrals, reviews, and surveys; distribution effectiveness measured by sales volume per point of service; and gross rating points (GRP) as a communication metric reflecting brand awareness through word-of-mouth and professional reviews. Together, these metrics form a performance measurement framework suited to Dawn's early-stage, service-based business model.
The baby boom generation is approaching retirement age, which presents a significant opportunity for Dawn to capitalize on as these individuals transition out of the workforce. The purpose of this paper is to undertake a marketing analysis of Dawn's business model by examining the key marketing metrics the company will employ. A marketing metric is a measure a company can use to evaluate the performance level of an organization. There are numerous marketing metrics available to a company for this purpose. This paper analyzes sales metrics, customer readiness-to-buy metrics, distribution metrics, communication metrics, and customer metrics.
Sales metrics are a set of individual and organizational actions and performance indicators. They are used to understand how effective a company's sales and marketing activities are, as well as whether the company's sales practices are efficient. As a startup company, Dawn should focus on determining its direct sales performance. The company will therefore employ sales growth as its primary sales metric. Sales growth is defined as the increase in average sales and revenue volume of an organization's products and services from one financial period to another. Dawn's sales growth will be calculated as follows:
Sales Growth = (Sales Revenue in T+1 − Sales Revenue in T) / Sales Revenue in T × 100
The measurable goals of this metric will be expressed as percentages. For instance, Dawn will project a 20% increase in its sales (Mars, 2013).
Customer centricity is defined as a business strategy in which the organization focuses on generating a positive and consistent experience for the customer at the point of sale. A customer-centric framework requires connectivity across every network of the business, enabling the reliable delivery of the most appropriate level of service, benefits, and consumer care to each segment of the customer base.
The customer readiness-to-buy metric that Dawn will use is preference. The company will assess whether it offers the full range of product packages and services that consumers prefer. If the company provides numerous services that consumers favor, it is more likely to generate greater revenues and will require less intensive marketing efforts (Kobie Marketing, 2015). Tracking this metric will enable Dawn to deliver an excellent consumer experience, which in turn will increase its customer base and the revenues generated.
"Satisfaction tracking through surveys and referrals"
"Sales volume per point of service"
"Brand awareness via gross rating points"
Always verify citation format against your institution’s current style guide requirements.