Fact based CMO’s always outperform their...
Transcript of Fact based CMO’s always outperform their...
Page1 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
FactbasedCMO’salwaysoutperformtheirpeersPatrickXhonneux - Copenhagen,Denmark
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
AGENDA
Whymodernize?1
Tyingthemarketingfunctionclosertothecorebusiness2
Thesweettasteofourownmedicine3
Usecase:ModernizingmarketingatSAS4
Takeaways5
Page2 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
ofallB2Bdecisionmakersaremillennials
46% ofB2Bresearchersusedigitalmediaintheirpurchasingdecisionmakingprocess
89% ofB2Bbuyersturntosocialmedia intheirassessmentof
varioustoolsandtechnologies
53%
Whymodernize?ThenewB2BCustomerDecisionJourney
HOW
WHO
WHERE
Source:ThinkwithGoogle,2016
Source:ThinkwithGoogle,2016
Source:DemandBase,2015
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
Whymodernize?TheOmni-channelchallenge
SINGLECHANNEL
MULTICHANNEL
CROSSCHANNEL
OMNICHANNEL
SingleTouchPointChannelKnowledge&
OperationsInTechnical&FunctionalSilos
SingleViewOfCustomer,OperateInFunctionalSilos
SingleViewOfCustomerWithCoordinatedStrategy
Page3 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
SITUATIONEver-increasinglevelofcontactpointsforcustomerinteraction
CHALLENGEconsistentmessagingacrossallcontactpointsinthecustomerjourney
SOLUTIONModernanalyticaltoolsthattranslatekeymetricsintoactionableinsights
KEYTOSUCCESSabilitytoreactfast,testandimplementactivities
NavigatingtheincreasinglycomplexcustomerjourneyUsingmodernanalyticstokeepupwithcustomers
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
TheabundantbenefitsofananalyticalapproachThesheerincreaseinuserdataandanalyticssystemsallowsustoidentifyvitalnodesinthepurchasedecisionmakingprocess
.CUSTOMERINSIGHTSAdvancedknowledgeoftargetgroupcomposition,preferences&affinities
CONTENTINSIGHTSAbilitytoidentify&producerelevant,affinity-basedcontentacrosstargetsegments
DISTRIBUTIONINSIGHTSMappingofoptimalchannelmixforcost-efficientdistributionacrossonline&offlineplatforms
1
2
3ensuringtherightmessagesattherighttimetotherightpeoplethroughthecustomer’schannelofchoice
THECUSTOMERJOURNEY
Page4 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
TyingthemarketingfunctionclosertothecorebusinessAdvancedanalyticshasbridgedthetypicalgapbetweentheCXOandtheCMO,allowingthemtospeakthesamelanguage– namely,ROI
IncreasedcapabilitiesofanalyticalsolutionsallowustomoreaccuratelydetermineROI onmarketinginitiatives,providingaclearcutaccountofpotentialliftandattribution.
We’reabletoidentifywhatdoesanddoesn’twork,therebyloweringexcessexpenditureonproductionanddistributioncosts
Enablesustodevelopoptimizationflowsinallaspectsofthemarketingfunction,whichinturncontinuouslyyieldbetterresults
BOTTOMLINERESULTSTHAT
RESONATEWELLWITHCXOOBJECTIVESAND
AFFINITIES
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
KEYBENEFITS• Reducedcustomerattrition• Efficiencygains• Campaigncostreduction
Show&TellHowSASsolutionshaveimprovedourclients’marketingfunction
BUSINESSISSUEIncreaseefficiencythroughanalytical
approachtocustomerinsights&predictivechurnanalytics
137%Rateofreturn
KEYBENEFITS• Improvedcustomerexperience• Personalizedsales• Increasedsales
BUSINESSISSUEIncreaseanalyticalcapabilitiesinorder
toboostsalesefficiency
ROIExceededexpectationsby
far
KEYBENEFITS• Superiorcustomerinsights• Proactivecustomerservice• Improvedleadgeneration
BUSINESSISSUEImprovesalesandcustomerservice
throughoptimizeddatamanagement
9%campaignexposure-to-meetingconversion
Page5 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
ThesweettasteofourownmedicineUsingSAS®MarketingAutomation&SAS®CustomerIntelligencesolutionstoincreaseleadnurturingperformancefour-fold
10%Increasein
conversionrate
15%Increasein
Click-Throughrate
100%Increasein
campaignresponserate
43%Decreaseinopt-outrate
PRIMARYCHALLENGE PRIMARYBENEFIT
Implementalead-nurturingstrategythatdeliversrelevantcontenttoprospects
• Effectivecategorizationofsalesleads,leadingtoafarmoreefficientallocationofresourcesinconvertingtosales
• Bettermatchingofinformation/offeringtocustomerneeds
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
ThesweettasteofourownmedicineUsingVisualAnalytics®tooptimizeourmarketingfunction
TARGET-BASEDPLANNING
PERFORMANCEMGMT
MEASURINGROI
ANALYTICALPREDICTIONFrompipelinetoleadsto
target
INTEGRATEDCAMPAIGNSEfficientresource&channel
optimization
CPACostperqualifiedleadCostperOpportunity
8%Increaseinqualifiedleads
17%Increaseinavg.dealsize
40%IncreaseinMarketingROI
Page6 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
SuperioranalyticalmarketingWhat’sneeded?
1 2 3 4Understandhowtheworldhas
changed
Moderntools
Efficient&Effectiveorganizational
set-up
Skilledmarketingtalents
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
SASEMEAMarketingTransformation2015:Fromcountry-basedorganizationtoregional
CEE
Logistics&EventPlanning
Country/BU
Go-To-MarketOffice
• Revenue&Growth
• Retention&Loyalty
MarketingSciences,Reporting&Analytics
DigitalMarketing
ContentMarketing&Communication
MarketingContactCenter
LocalGTMServices LocalGTMLocalSharedServices
LOCAL
Nordics&Russia
Nordics&RussiaSharedServices(virtualteamsgatheringfunctionalregionalleaders)withrolesandmandatedefined
SWE
UKI
MEA
DACH
Nordics&Russia
Logistics&EventPlanning
Country/BU
Go-To-MarketOffice
• Revenue&Growth
• Retention&Loyalty
MarketingSciences,Reporting&Analytics
DigitalMarketing
ContentMarketing&Communication
MarketingContactCenter
RegionalGTMServices LocalGTMRegionalSharedServices
SWE
UKI
CEE
MEA
DACH
REGIONAL
Nordics&Russia
Page7 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
SASEMEAMarketingTransformation2017goingforward:From6regionstoanEMEANetworkMarketingOrganization
REGIONAL
Logistics&EventPlanning
Country/BU
Go-To-MarketOffice
• Revenue&Growth
• Retention&Loyalty
MarketingSciences,Reporting&Analytics
DigitalMarketing
ContentMarketing&Communication
MarketingContactCenter
RegionalGTMServices LocalGTMRegionalSharedServices
SWE
UKI
CEE
MEA
DACH
Nordics&Russia
NetworkOrganization:a“networkofteams”withahighdegreeofempowerment,strongcommunication,andrapidinformationflow
• Teamsarebecomingmission-focused• Networkteams settheirowngoals• Silos(geographical,functional…)areremoved• Seniorleadersshiftintorolesthatempowersthenetwork
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
SASEMEAMarketingTransformation2017goingforward:From6regionstoanEMEANetworkMarketingOrganization
REGIONAL
Logistics&EventPlanning
Country/BU
Go-To-MarketOffice
• Revenue&Growth
• Retention&Loyalty
MarketingSciences,Reporting&Analytics
DigitalMarketing
ContentMarketing&Communication
MarketingContactCenter
RegionalGTMServices LocalGTMRegionalSharedServices
SWE
UKI
CEE
MEA
DACH
Nordics&Russia
EMEA
Content&Communica-
tions
Go-To-MarketOffice
MarketingContactCenter
Logistics&Event
Planning
MarketingSciences
DigitalMarketing
EMEAMarketing
CEE
CEE
CEE
CEE
CEE
CEE
UKI
UKI
UKI
UKI
UKI
UKI
SWE
SWE
SWE
SWE
SWE
N&R
N&R
N&R
N&R
N&R
MEA
MEA
MEA
MEA
MEA
MEA
DACH
DACH
DACH
DACH
DACHDACH
Froma“regionalonly”roletoadualrole(primaryfocus
onEMEA,secondaryfocusontheregion)
Page8 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
1 AlwayslinkinitiativesandKPIstoROI– beitmonetaryoutputorotherwise.
2 Avoidvanitymetrics;don’tcollectdatajustforthesakeofdata.Makesureyoucantranslateit
intoactionableinsights.
34 Experimentfrequently.Youmightbesurprisedbytheresults.
5 Makesureyouhavetherightsetofskillstoscaleyouranalyticmarketing.Getyourteamon
boardbylettingthemexperiencethebeautyofanalyticsfirsthand.
Makesureyourorganizationalset-upisagilelygearedtoaddressmarketdemands.
KeyTake-Away’sAnanalyticalapproachtomarketing
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
Q&AThankyou!
Page9 sas.comCopyr ight ©SAS Inst i tute Inc . A l l r ights reserved.
Company Con f iden t i a l – Fo r I n te rna l Use On lyCopy r i gh t © SA S I n st i tu te I n c . A l l r i g h t s re se r ved .
TheAnalyticalMarketer providescriticalinsightintothechangingmarketing
organization—digital,agile,andanalytical—andthetoolsforreinventingit.
WrittenbytheheadofglobalmarketingforSAS, TheAnalyticalMarketer isbasedon
theauthor’sfirsthandexperienceoftransformingamarketingorganizationfrom
“art”to“artandscience”.
Signupforafreecopyinthefollow-upe-mailyou’llbereceivingsoonfromBerlingske
TheAnalyticalMarketer isthedefinitiveguidetojump-startingyourorganization’sanalyticaltransformation.
- ErikQualman,BestsellingauthorDigitalLeader
TheAnalyticalMarketeer