106 – Brand vs Performance, a scale
📈 Marriott acquired citizenM brand for $355 million, including 36 hotels and 8,544 rooms globally. GHA DISCOVERY loyalty program reached 30 million members, with a 60% increase in DISCOVERY Dollars redemption. The first banner ad in 1994 achieved a 78% click-through rate, while Facebook ads in 2011 had a 0.05% rate. Marketing strategies scale from pure brand-building (sponsorships, PR campaigns) to direct sales, each activity gaining a value from 1 to 1000 based on its position on the brand-performance scale. 🏨
Share