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Transforming the marketing function to meet new challenges Cambridge Judge Business School 7 th September 2018

Transforming the marketing function to meet new challengesS SLI… · Transforming the marketing function to meet new challenges Cambridge Judge Business School 7th September 2018

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  • Transforming the

    marketing function to

    meet new challenges

    Cambridge Judge Business School

    7th September 2018

  • We are a Marketing Transformation Consultancy

  • © Flock Associates

    What is Marketing Transformation?

    3

    “Marketing transformation is the process

    of reinventing an organisational marketing

    department and/or agency ecosystem to

    make it fit for the future.”

  • © Flock Associates

    Complete Marketing Transformation Involves Four Core Services

    4

    Process & Operational

    Design

    MarTech & Data

    Review

    1. TECHNOLOGY

    Capability Assessment &

    Organisational Design

    3. PEOPLE

    2. OPERATIONS

    Agency Relationship

    Review & Pitch

    Management

    4. PROCUREMENT

    TRANSFORMATION

    STRATEGY

  • © Flock Associates

    Why Do Our Clients Work With Us?

    5

    COMMERCIAL

    Reduce budget

    -

    Agency resigns the

    account

    -

    Department or

    budget wants own

    dedicated resource

    -

    Procurement

    PEOPLE

    Change of CMO, CEO

    -

    Agency loses key staff-

    Poor quality staff - not

    the right talent

    MODEL

    Desire to move some

    skills/services in house

    -Change of model

    e.g. global to decentralised

    -Re/decouple services

    e.g. Digital or prod or media

    -Merger, TO or

    integration of business

    units

    OUTPUT/WORK

    Poor/inconsistent

    creative

    -Behind the

    competition

    -

    Shift in format e.g. TV to Digital

    -

    Unsolicited pitch

    WAYS OF WORKING

    Concerns about

    transparency

    -Lack of consistent KPIs

    Poor agency service

    (response time,

    process etc)

  • Companies we’ve

    Supported with Marketing

    Transformation

  • © Flock Associates

    A change in Marketing

    £€

    BRANDS CONSUMERS

    BROAD TARGETTING

    BROADCAST

    BRAND TO CONSUMERS

    BRAND TIME

    BRAND VALUES

    TIME SLOT COMMS

    £€

    BRAND CONSUMERS

    RELEVANT TARGETTING

    PERSONALISED

    CONSUMERS TO BRANDS

    CONSUMER TIME

    UTILITARIAN VALUES

    ALWAYS ON

  • © Flock Associates

    The Future is about Inbound Based Communications

    1 2 3 4 5 6

    What is the prospect looking

    for?

    Why are they searching for it?

    What asset will satisfy that

    search?

    Where should the asset live?

    How will the prospect find the

    asset?

    What is the next step in the customer

    journey?

    INTENT OPTIMISATION ASCENSIONCHANNELASSETCONTEXT

  • © Flock Associates

    7 Major Marketing Trends in 2018

    Chat bots AI Delivery Payment Mobile Personalisation Social

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    More than just chat

    • Provide personalised assistance

    • Enhance customer service

    • Provide product recommendations

    • Process orders

    • Share brand or product updates

    • Provide in-store assistance and navigation

    • Offer promotions based on location

    • Automate processes

    • Enable discovery

    • Support storytelling

    1

    1

  • © Flock Associates

    Chat Bots

    1

    2

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    Google Booking an Appointment

    1

    4

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    Delivery - Adidas Glitch (4 hours)

    1

    6

  • © Flock Associates

    Zero UI

    1

    7

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    Payment - Just Go

    1

    9

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    Mobile - Near Store / Instore / 30 Days

    21

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    Fashion brand issues currency just for women

    • Unadjusted gender

    pay gap* is 21%

    • Fashion brand Paisley

    now offer Euro

    exchange for FEMcurrency which is 21%

    more than a Euro

    23

    * German Federal Office of Statistics

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    Mini Ads (You have to pay to play)

    25

    6”

  • © Flock Associates

    Chat bots AI Delivery Payment Mobile Personalisation Social

    Fast, Accurate

    and EasyGuided

    commercial &

    customer

    focused

    conversation

    Simplicity and

    ease

    Fast, secure and

    on customers

    terms

    Build for a mobile

    generation

    Hyper knowledge

    delivering real

    time

    personalisation

    Be social

    7 Major Marketing Trends in 2018

  • © Flock Associates

    4 Key Changes Needed In Marketing Departments

    27

    Disruption

    not

    Tweaks

    1

    Org Design

    Development

    People

    not

    Roles

    2

    Capability

    Assessment

    Needs

    not

    Tech

    3

    Martech

    Analysis

    Partners

    not

    Suppliers

    4

    Ecosystem

    Review

  • © Flock Associates28

    No desks

    No departments

  • © Flock Associates29

    Lego House

  • © Flock Associates30

    Brand Equity

    Fail Fast

  • © Flock Associates31

    2 Pizza Rule

    Empty Chair

  • © Flock Associates32

    Annual Call

    Centre

    Start Up

  • © Flock Associates33

    70|20|10

    Faster

  • © Flock Associates34

    Flat Structures

    Minimise

    Distractions

  • © Flock Associates35

    Data Hiring

    Adapt

  • © Flock Associates36

    Leaders

    Whiteboards

  • © Flock Associates37

    Ncourage

    Simplify and Go

  • © Flock Associates38

    EKIN

    1. Honesty

    2. Competition

  • © Flock Associates

    4 Key Changes Needed In Marketing Departments

    39

    Disruption

    not

    Tweaks

    1

    Org Design

    Development

    People

    not

    Roles

    2

    Capability

    Assessment

    Needs

    not

    Tech

    3

    Martech

    Analysis

    Partners

    not

    Suppliers

    4

    Ecosystem

    Review

  • © Flock Associates40

  • Thank you

    41

    [email protected]