Why Your Marketing Benchmarks Don’t Mean What You Think
A collection of industry averages, benchmarks can help you evaluate your campaign performance, highlighting where you excel and where improvement is needed. This third-party validation is often used to demonstrate success to internal stakeholders and inform the setting of performance goals.
However, while benchmarks can strengthen your marketing strategy, you should be aware of their many, many limitations so you can avoid using them appropriately, because giving benchmarks meaning they don’t have could cause you to make huge strategic mistakes.
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