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© 2011 IBM Corporation
Insights from the Global Chief Marketing Officer Study
WHY THE CMO MUST ADAPT TO SURVIVE
© 2011 IBM Corporation3
Today’s session why the CMO must adapt to survive
•Agenda:
The IBM 2011 Chief Marketing Officer Study – what is it?
What does the study say about the current and future state for CMOs?
Putting the findings into action – becoming a smarter marketer
Some examples of how IBM is helping clients succeed in today’s environment
© 2011 IBM Corporation4
The 2011 Global CMO Study is part of our C-suite Study series encompassing interviews with more than 15,000 C-suite executives
’04-’05 ’08-’09’06-’07 ’10-’11
CSCO
CEO
CFO
CHRO
CMO
CIO
© 2011 IBM Corporation
Industries19CMOs1734
Questions 35
Countries64
Quotes 10,081
Australia & New Zealand57
Discrete factors 236
5
In this largest sample of face-to-face CMO interviews, we spoke with more than 1,700 CMOs
© 2011 IBM Corporation
The universal key finding: CMOs feel unprepared for the amount of complexity they face
Source: Q4 How much complexity will your organization have to master over the next 3 to 5 years compared to today? n=1709; Q6 How prepared do you feel for the expected complexity ahead? n=1712
31%complexitygapFeel prepared for
expected complexity
48%
Expect high/very high level of complexity over 5 years
79%
6
© 2011 IBM Corporation
© 2011 IBM Corporation
© 2011 IBM Corporation
© 2011 IBM Corporation
© 2011 IBM Corporation11
Create value for customers as individuals
Invest to mine digital channels for customers’ views
Drive customer delight through appropriate insight.
11
Surviving in interesting times, what it will take to become a Smarter Marketer……
Deliver value to empowered customers
Foster lasting connections
Capture value,measure results
IBM Institute for Business Value
Stimulate digital customer conversations and new relationships
Engage with customers throughout the customer lifecycle
Improve decision making and demonstrate accountability through advanced analytics
Adjust talent mix – organisational and personal - to increase technical and financial skills
Redefine your ecosystem – be proactive with collaboration. Bring technical and finance advocates into your team
© 2011 IBM Corporation
The evolution of the CMO helping our clients transform the marketing function
Marketing must become
INTELLIGENTMarketing is becoming
INSTRUMENTEDMarketing is becoming
INTERCONNECTED
IBM sees an unprecedented opportunity to help transform the traditional marketing function into a powerful business driver
For marketing professionals IBM will–Work to shape the agenda and strategic role of the CMO– Invest in foundational research supporting marketing processes and
effectiveness–Offer the widest set of software and services creating an end-to-end
marketing solution
© 2011 IBM Corporation
Helping SNS Bank: delivering value to customers
Real-time Marketing across web, email, and call center
Delivered 4.5M targeted offers per week; more offers than previously sent in an entire year
Reduced call volume and number of complaints Less than 0.1% unsubscribed 5% growth in sales volume for a savings Product investment paid for itself in less than a year
Inability to do targeted marketing by leveraging all customer data (on/offline, real-time/historic)
63% (and growing) of customers only had inbound contacts
Call center costs increasing, due to inability to deliver proactive online service messages
IBM Unica Campaign IBM Unica Interact for real-time marketing
SNS bank is a major retail bank in the Netherlands which converted branches to no-cash kiosks that facilitate online banking.
Challenge
Results
Solution
Customer Profile
© 2011 IBM Corporation
Best Buy: fostering lasting connections
Reduced average time to design and build campaigns from weeks to hours
Distinctly increased customer profitability and loyalty Achieved consistent weekly click-through rates Double reward zone membership in 2 weeks
Competitive landscape creates an ongoing need to create a highly loyal and engaged customer base
System of hard-coding processes not adequate to meet its desired campaign volume
Needed a Software application capable of providing seamless access to multiple data sources, including a large customer data warehouse
IBM Unica Campaign IBM Unica Cross-channel campaign management application
Best Buy is North America’s leading specialty retailer of consumer electronics, personal computers, entertainment software and appliances
Challenge
Results
Solution
Customer Profile
© 2011 IBM Corporation
??Mark Willson
Director of Marketing and Communications IBM A/NZ
Thoughts from an Australian CMO’ – www.aussiecmo.com.au
Thank you
Mark Willson@MarkCMO
© 2011 IBM Corporation