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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