A Little more on applying Little’s Law to Lean your Marketing!
Monday, November 30th, 2009In a previous post, I transformed Little’s Law to marketing utilizing this formula: Marketing Cycle Time = Customers in Process / Closed Sales. I would like to simplify this formula and change the nomenclature a little. I think more accurately it should be called Sales and Marketing Process Time(SMPT) = Prospects in Process(PIP) / Customers(C). [...]
5 Step Process to Lean Marketing
Wednesday, August 19th, 2009Lean Marketing is a strategic methodology to streamline and automate the marketing processes in order to improve efficiencies through waste elimination. True lean companies strive to eliminate, not minimize all waste in the process. Most think of this as only a manufacturing or administrative function. This rule can apply when implementing lean marketing as well. [...]
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