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Transcript
Are CMOs
ready for
the digital
marketing era?
Go to CMO study
Introducing the largest study of its kind
featuring the wisdom of over 1700 CMOs
Today’s empowered
and connected
customers have
your brand in
their hands
Top 6 factors impacting marketing
Customer collaboration & influence (68%)
Share
and they
79%
Growth of channel & device choices (60%)
Social media (57%)
ROI accountability (47%)
Decreasing brand loyalty (43%)
Shifting consumer demographics (37%)
their
views
Top 5 areas of unpreparedness
of CMOs feel
underprepared to
manage the impact of
key changes in marketing
Data
explosion
Growth of
channel
& device
choices
Social
media
Shifting
consumer
demographics
Financial
constraints
Most CMOs are struggling to provide numbers to
demonstrate the return on investment for marketing
Market insight
PROBLEM:
CMOs still focus
on understanding
markets rather
than individuals
82%
80%
74%
64%
Market
research
Competitive
benchmarking
Customer
analytics
Marketing
team analysis
Individual insight
42%
26%
48%
Consumergenerated
reviews
Over 75% of CMOs
plan to increase
the use of
technology via:
Customer
analytics
Third-party
reviews &
rankings
CRM
40%
Online
communications
Social media
Mobile apps
Blogs
Content
management
Top 5 obstacles preventing new strategies
Cost
(72%)
Tool
implementation
issues
(47%)
Lack of skills
(46%)
PROBLEM:
Most CMOs report
using data to
market by
segment
Lack of ROI
certainty
(61%)
not to
Lack of
marketing and
IT alignment
(45%)
build
relationships
But most CMOs expect loyalty to be top priority
CMOs view on key measures for determining success by 2015
63%
58%
Marketing ROI
Customer
experience
48%
45%
Conversion rate Overall sales
new customers
42%
42%
38%
Marketinginfluenced
sales
Revenue per
customer
Social media
metrics
The CMO’s view on marketing capabilities for personal success
Leadership abilities (65%)
Voice of the customer insights (63%)
Creative thinking (60%)
Cross-CxO collaboration (49%)
Competitive trends insights (45%)
Technological savviness (28%)
Social media expertise (25%)
Finance skills (16%)
Source: 2011 IBM CMO Study
ibm.com/cmostudy/uk
CMOs regard financial
know-how, technological
savviness and social
media expertise as
specialist skills, requiring
the involvement of
dedicated professionals.
Go to CMO study