10 arguments why your company should have a cmto

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© 2010 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners. No part of this copyrighted work may be reproduced, modified, or distributed in any form or manner without the prior written permission of Experian Information Solutions, Inc. Chief Marketing Technology Officer - CMTO Outlined, defined, and 10 arguments for having one

description

Within the next 5 years marketing will spend more on technology than IT. Vast majority of marketers do not have the domain expertise needed to capitalize upon this. Thus, the need for a CMTO!

Transcript of 10 arguments why your company should have a cmto

Page 1: 10 arguments why your company should have a cmto

© 2010 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc.

Other product and company names mentioned herein may be the trademarks of their respective owners. No part of this copyrighted work may be reproduced, modified,

or distributed in any form or manner without the prior written permission of Experian Information Solutions, Inc.

Chief Marketing Technology Officer - CMTO Outlined, defined, and 10 arguments for having one

Page 2: 10 arguments why your company should have a cmto

© 2010 Experian Information Solutions, Inc. All rights reserved.

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Presenters

Marcus Tewksbury

Vice President, Strategy and Consulting ------------------------------------------------------------------------------------

Experian | 955 American Ln. | Schaumburg, IL 60173

Office: 224.698.8357 | Mobile: 312.404.4835

Scott Brinker

President & CTO ------------------------------------------------------------------------------------

ion interactive | One Broadway 14th Floor | Cambridge, MA

Office: 888.466.4332 | Direct: 617.583.1311

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Life used to be simple.

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You have the

marketing

department

for marketing.

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You have the

fire department

for firefighting.

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You have the

police

department

for policing.

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You have the

IT department

for information

and technology.

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But what if

marketing

was driven by

information &

technology?

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Are marketing and technology really

that deeply entwined?

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Hundreds of

marketing

software

solutions today...

...thousands

more

on the way.

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Moore’s Law…

“(capacity of

technology)

doubles every 18

months.“

...Was written in…

1965

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Masters of Change

Source – Socialnomics - http://www.youtube.com/watch?v=sIFYPQjYhv8#t=00m29s

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Main St. Marketing

1880

Marketing Capability Wheel

Today

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Pony Express

1880

Marketing Capability Wheel

1900 Today

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Mass goes Mass

1880

Marketing Capability Wheel

1950 1900 Today

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Research

1880

Marketing Capability Wheel

1900 1950 1980 Today

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Digital Era

1880 1900 1950 1990 Today

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Social Era

Today 1880 1900 1950 1990 2008

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Closing the Loop

1880 1900 Today 1950 1990 2008

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Not everyone

in marketing

needs to be a

technologist.

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Just like not

everyone in

marketing is a

“creative.”

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But technology

must be one

of the pillars of

new marketing.

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You’re already responsible for

the outcome of marketing technology.

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Shouldn’t you

be the one

driving?

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Marketer

Marketing Technology

Who’s packing your parachute?

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10 Scenarios

where a

CMTO

can help…

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1. Manage the Technology Stack Pulling the pieces together, with a marketer’s eye

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CHANNELS AWARENESS INTEREST DESIRE ACQUISITION

Quarterly Mag-alog

Birthday Offers

Segment Community Promotion

Local Discount

Birthday Reminder

In-store Loyalty Capture

Store Promotion

2. Understand Cross Channel Interactions Power of the Cookie

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3. Deliver Coordinated, Multi-channel Messaging Nurturing, Triggering, and Marketing Automation

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4. Deliver More Relevant Display Advertising Addressable Audiences, Everywhere

Unidentified

segment

Frequent flyer

segment

Skip long airport security lines!

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5. Measure Marketing Performance Built on disparate sources of data

Media Mix

Touch-point

Fractional Allocation

Inferred Single Channel

Direct Single Channel

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Opt-in

Handle

Date

Sentiment

Trends

Aggregate

Product

Lifecycle

Brand

Preference Clusters

6. Turn Social Media Data into Actionable Insight The “Molecule Theory”

Domain

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7. Address the CEO’s Strategic Concerns Technological factors are not limited to the IT department

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8. Break Free from IT-Marketing Deadlock Marketing must collaborate with IT, not solely depend on IT

IT

• Stability

• Security

• Economy

• Standardization

• Function

Marketing

• Speed/agility

• Innovation

• Market impact

• Differentiation

• Experience

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9. Enable Agile Marketing The clockspeed of marketing accelerates—can you?

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10. Even More Marketing Technology Coming Your Way Innovation in marketing? You ain’t seen nothin’ yet…

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10 Scenarios where a CMTO can help…

1. Manage the Technology Stack

2. Understand Cross Channel Interactions

3. Deliver Coordinated, Multi-channel Messaging

4. Deliver More Relevant Display Advertising

5. Measure Marketing Performance

6. Turn Social Media Data into Actionable Insight

7. Address the CEO’s Strategic Concerns

8. Break Free from IT-Marketing Deadlock

9. Enable Agile Marketing

10.Even More Marketing Technology Coming Your Way

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Questions?

1. Manage the Technology Stack

2. Understand Cross Channel Interactions

3. Deliver Coordinated, Multi-channel Messaging

4. Deliver More Relevant Display Advertising

5. Measure Marketing Performance

6. Turn Social Media Data into Actionable Insight

7. Address the CEO’s Strategic Concerns

8. Break Free from IT-Marketing Deadlock

9. Enable Agile Marketing

10.Even More Marketing Technology Coming Your Way

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Contact Information

Marcus Tewksbury

Vice President, Strategy and Consulting ------------------------------------------------------------------------------------

Experian | 955 American Ln. | Schaumburg, IL 60173

Office: 224.698.8357 | Mobile: 312.404.4835

Scott Brinker

President & CTO ------------------------------------------------------------------------------------

ion interactive | One Broadway 14th Floor | Cambridge, MA

Office: 888.466.4332 | Direct: 617.583.1311