Summaries - Office of Research & Innovation
Research Summaries
Back Evaluating the Financial Effectiveness of Marketing and Advertising on Recruiting Outcomes
Fiscal Year | 2015 |
Division | Research & Sponsored Programs |
Department | Naval Research Program |
Investigator(s) | Eger, Robert J. |
Sponsor | NPS Naval Research Program (Navy) |
Summary |
The goal of this research is to provide a methodology and model in measuring effectiveness of M&A investments. To achieve this goal, we begin by exploring the current context addressing two research questions: - How does Navy Recruiting Command (NRC) quantify the effectiveness of its M&A investments on enlistment contracts, officer applications submitted, and additional outcomes such as enlistment leads, officer program leads, awareness, and tracking? - Which data/metrics could NRC used to determine the effectiveness of M&A? After exploring current approaches and measurement availability, we seek to understand metrics external of NRC by addressing the following research question: - What tools/metrics does private industry employ to quantify their investment in M&A? Could any of those metrics be adapted to Navy Recruiting? Upon completion of both the internal and external metrics associated with M&A, we derive a cost effectiveness model for NRC's M&A investments. Our goal is to use a weighting methodology to allow for environmental uncertainty associated with each identified outcome. In developing the model, we can address the following research questions: - How can NRC increase or decrease its M&A investments as environmental conditions change? - How much lead time is required for marketing investments to result in a lead? In a qualified application? In a contract? In an officer selection? The potential utility of our research and financial model is to begin to assess the effectiveness of M&A spending on recruiting outcomes. |
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Publications | Publications, theses (not shown) and data repositories will be added to the portal record when information is available in FAIRS and brought back to the portal |
Data | Publications, theses (not shown) and data repositories will be added to the portal record when information is available in FAIRS and brought back to the portal |