CMO Executive Forum
Transcript of CMO Executive Forum
CMOExecutive
Forum
How Cultural Relevance Can Be Measured to Drive Business
January 13, 2021
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The Global CMO Community
ANAMastersCircle.com
The ANA Masters Circle
1,400 CMOs leading the industry
Growth Agenda
The Global CMO Growth Council
CMOs from around the world
transforming marketing into a force
for growth and good
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CMO GROWTH COUNCIL EXCHANGE
⮚ Over 100 CMOs have joined⮚ Private peer network for CMOs
⮚ Contact [email protected] to join⮚ Managed by Global Growth Council
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SPEAKER INTROS
Carlos SantiagoChief Strategist, SSG &
Co-founder, AIMM
Lisette ArsuagaCOO, DMI Consulting &
Co-Founder, AIMM
Gail HorwoodChief Marketing Officer, Kellogg North America
#SeeALL ThroughCIIM™
(Cultural Insights Impact Measure™)
01.13.2021
CMO GROWTH COUNCIL
AIMM: The Leading Voice in Multicultural and Inclusive Marketing
To create a powerful voice that elevates
multicultural and inclusive marketing to
promote business growth in an
increasingly diverse marketplace.
MISSION
We are changing the way that
everyone can drive growth by helping
CMOs and their teams rise above the
most pressing challenges blocking
them from realizing their full potential.
IMPACT
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AIMM Member Companies AIMM represents 130 member companies and almost 2,000 member brands
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CMO Advisory Board
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#SeeALL Movement
AIMM’s #SeeALL is an industry-wide movement
to drive increased accurate representation of
Multicultural and Inclusive segments in ads and
programming by prioritizing the use of cultural
insights in the content in order to connect with
consumers at the heart, thus maximizing
corporate growth
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Times Square Launch
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Open Letter To the Industry Calling for Greater Inclusivity and Representation
September 23, 2019
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In 2021, at a time when Americans are
fighting for equity, social justice and even
their lives, AIMM has a responsibility to
rally the industry together and get people
out of their comfort zones, in order to
foster a world of holistic cultural
representation and equity for all
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Letter to the Entertainment Industry: Hollywood Reporter
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CIIM™Cultural Insights Impact Measure™
A PATH FOR BRAND GROWTH THROUGH A STANDARDIZED
INDUSTRY MEASURE GAUGING THE LEVEL OF CULTURAL
RELEVANCE IN ADS AND CONTENT16
Increasing Base of CIIM™ Brands Scaling Up Fast80K Ad Evaluations Across All Segments among 125+ Brands
Automotive
Alc. Beverages
Restaurants
ServicesPersonal Care
OTC/Remedies
Non-Profits Retailers
HouseholdFood
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Beverages
Consumers Connect More Deeply with Ads & Content that
Genuinely Reflect Their Culture
CIIM™ Proved
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P&G, Old Spice, Time Out (GM spot
scoring low across all segments)
Kellogg’s, Pop Tarts, JVN Infomercial
(GM ad scoring low across all
segments)
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Kellogg’s, Rice Krispies, Sensory Love
(GM ad scoring top Q with White Non-
Hispanic)
P&G, H&S, Respect for the Crown (AA
ad scoring top Q with AA)
Opportunity Spots Best-In-Culture
Cultural Relevance > Inclusion Connections start with representation but require rich authentic cultural portrayals to achieve Best-In-Culture level
The Start
Inclusion
Cultural Attributes
Respect CultureCultural Values
Authentic PortrayalsGood Role Models
Positive ReflectionsCelebrations of Culture
Cultural Pride
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Best-In-Culture
Walmart, Mother’s Day
(GM ad scoring top Q for all segments)
Cultural Relevance Increases Ad
Effectiveness KPIs
3-5X
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Cultural Relevance Boosts
Growth*
3x
*Cultural relevance impacts sales lift in Digital and Broadcast ads equally.
1.5x1.0
21%
14%
Best-In-CultureNeeds Improvement Below Average Good Performance
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Cultural relevance
(CIIM) combined with
persuasiveness
accounts for 40% of
the sales variations in
campaigns.
Validated CIIM™ Attribution Cultural Relevance Is A Major Contributor To Ad’s Sales Performance
Other
campaign
effectiveness
factors
60%
91% Confidence Level
R2 = 0.40 23
CIIM™Behind the Curtain
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Segments Tested
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Forced Exposure
Cross-Segment Exposure
Outputs
2020 CIIM™ Ads Sampling DesignDictated by brand’s established Primary Target
Ads are shown to online
panelists in a forced
exposure format without any
context influencing
perception.
Each respondent reviews ads
aligned with their identity as
well as ads targeted to other
segments.
CIIM scores generated for the top 3 segments (WNH, AA, HE) plus properly weighed Total Market;
other segments scores available upon request of augment.
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Any Stage Any Type Any Time
Advertisers have submitted pre-test and final ads.
Testing on a rolling basis based on demand and
groupings of 3+ ads.Turnaround is 2-4 weeks depending on primary target and augments.
MEDIA AGNOSTIC
Broadcast/Digital Video
Digital
Audio
Outdoor
Social Media
Advertisers have been testing video for broadcast and digital and have expressed plans to
submit SM, print and audio ads.
Flexibility in Testing
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Primary Target: General Market Creative Category: Diverse casting with MC cultural nuances
Primary Target Quartile: 1st QuartileTotal Market CIIM™ Score: 163
2001000
Not
Relevant or
Offensive
Indifferent:
Neither
Offensive nor
Relevant
Highly
Culturally
Relevant
125 150 175
CIIM Score Example
Quartile Legend
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How Marketers are Incorporating CIIM™
-Incorporating CIIM™
cultural relevance
scores with Reach and
ROI planning/media optimizers
-Understanding
urgency to develop
characters and
storylines that
authentically depict
MC & diverse
audiences
-Setting brand
performance
benchmarks by
segment
-Applying cultural
insights to final executions
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Advertisers
-Discovering segment
insights that drive
cultural relevance in
ways that align with
brands
-Testing concepts to
maximize impact for
advertisers in
developing final executions
Creative Agencies
Media PlanningAgencies
Media Networks & Content
Developers
We are excited to provide your brands with the guidance to assess the
cultural relevance and ad effectiveness of your Big Game creative OR ANY
OTHER CREATIVE, at a one-time promotional cost of $3,850 per ad (40% off
regular base price).
We will accept 3 ads per company and honor this price until January 29th.
CIIM™ ‘Trial’ Promotional Offering Until 01.29.21
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CIIM™ Background
CIIM™ Materials will be
distributed to all attendees of
this presentation
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Connect with CIIM™ Team
If you are interested in
learning more, please
contact CIIM™ Team to set
up a call and learn how
you can adapt CIIM™ to
your organization’s needs
Carlos [email protected]
Ariel [email protected]
How To Get Started
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Learn More About AIMM
Lisette Arsuaga
Co-President and Co-CEO at DMI-
Join us in our effort to
#SeeALL through our work
at AIMM and testing your
ads through CIIM.
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ANA CMO Growth Council: CIIM Deployment & Learnings
Gail Horwood, CMO
January 2021
DIVERSITY & INCLUSION MARKETING GOALS
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Fully embed Diversity, Equity and Inclusion across all marketing, unified efforts to achieve Kellogg’s talent and retention goals, evolve our go-to-market strategy to reflect today’s diverse consumers to unlock growth and foster and inspire an inclusive mindset
within our internal teams.
People Go-to-Market Industry & Partner
Leadership
GO-TO-MARKET
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D&I Marketing Steer Co
Diversity &
Inclusion
Brand & Integrated Marketing
HR
Insights & Analytics
Agency Partners
BERGs
D&I Media Composition Benchmarking
Evolution of our Brand & Safety guidelines
Meeting the Moment Webinar
KELLOGG CIIM DEPLOYMENT
• Part of CIIM Pilot: 2 ads
2019 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021
• Submitted 13 ads across various target segments/total market + COVID related
• CIIM in field • Insights & Analytics/Mktg validating results with MMM
• Deployment of CIIM metric across all of marketing, D&I Steer Co and I&A
• Individual brand workshops to review specific results, learnings and plans for 2021
• Building 2021 quarterly testing plan for pre/post, MMM
• Results Shared @ ANA Multicultural Conference
• Results Shared @ Q1 AIMM Session
3 Month Deployment for Communication, Education and
Implementation
CIIM DEPLOYMENT LEARNINGS1. Involve a cross-functional team – Marketing and/or Brand, Insights & Analytics,
ED&I
1. Build a strong communication and education roll-out plan: ✔ Drive understanding of what the metric is and that we are on a journey✔ Create workgroups for application into creative briefing and brand strategies
1. Identify the core cultural metrics to focus on based on each specific audience segment vs every single cultural lever
1. Learn from what performed well AND what didn’t
1. Create an action plan for consistent testing to build benchmarks and on-going learning using both pre- and post- testing opportunities
WHAT WE HAVE LEARNED THROUGH CIIM • Opportunity to look at pre-testing methodologies inclusive of CIIM
• CIIM supports our efforts in optimizing Cultural Effectiveness of our Creative• 40% of Ad Effectiveness can be explained by Overall CIMM Score & Persuasion
• Similar finding to previous research for ad effectiveness drivers (~47% driven by creative)
• Understanding we are on the journey with our brands, but we now have a starting point
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Discussion/Q&A