As someone that’s spent the last 16 years of his life doing some form of advertising or marketing, I’ve been thinking a lot about what an exciting, yet anxious time this must be for most chief marketing officers (CMOs). To that end, there are still a number of CMOs and marketers that have chosen to ignore or hide from recent trends like social media and its ability to help brands — big and small — retain, engage and ultimately grow their current customer base.
While there is nothing to say that the strategies and tools that marketers have used for decades can’t still be effective, there are also a number of new tools that could greatly benefit their efforts. To help illustrate this point, I’ve decided to create a five part blog series titled, A Tale of Two CMO’s. The series will juxtapose the approaches of two marketing leaders with different backgrounds and viewpoints by asking them to answer questions — some that I will ask, others that I hope the readers of this blog will contribute. Each post will focus on a different marketing goal such as:
- Awareness
- Interest
- Desire
- Action
Education: BA from Notre Dame, MBA from University of Michigan
Education: BA from Columbia, MBA from Emory University.
POST SCRIPT (1/8/11): I’ve added links to the other posts in the series below. Enjoy!
This will make for a fun narrative, Aaron. Here's the most fundamental question of all "Who owns the brand?"
I want to know how these two interpret the "perceived" need to be involved in social networks during a sluggish sales season. Can they justify a position for staying out of this potentially revolutionary, but longer-term strategy to sales (ie no hard selling, social is conversation based, takes time). The hypothetical struggle is: "client's think they need to be involved, but want immediate returns – what's your pitch/position?" : D Fun idea btw.
Wow – two FANTASTIC questions for our CMOs. We will make sure that we grill the hell out of James and Tessa over the next couple of weeks.
I think it's leading the witness a bit to write, "…there are still a number of CMOs and marketers that have chosen to ignore or hide from recent trends like social media and its ability to help brands…"Just because a CMO doesn't invest resources and dollars heavily in social media, it doesn't mean she or he is necessarily ignoring or hiding from it. Like you and probably most other readers, I am a social media true believer. But not diving wholeheartedly into social media doesn't mean the CMO is a coward or an ostrich (or incompetent). My sense is that many continue to take a wait-and-see attitude. That's somewhat understandable, particularly with organizations that are particularly set in their ways, risk-averse, and/or in more traditional industries.Of course, there are many downsides of coming late to the party. So I'd be curious to ask James and Tessa how important they think it is — to brand leadership, to competitive advantage, etc. — to actively participating on the Social Web *now*, as opposed to waiting until you "feel the is right."
Consistency in brand/message being a given, what are some of the things (tangible and intangible) that must be considered throughout cross-channel marketing – web site, mobile, social, email, print/DM, TV, etc.? And which companies do/don't the 'best' job with this, why/why not?
Matthew – thank you for stopping by to stir things up. It's always boring when everyone just agrees with one another. So let me start by saying, yes, I did kick this off with a leading question. However, I don't want people to think that I am calling any CMO's cowards or ostriches. What I am trying to imply is that certain CMO's are hoping that social is just a fad that will fade over time because quite frankly, social can be a scary thing (and I mean that genuinely). Not because of the harm it can do to a brand but rather the transformational effect it can have on a business.My goal for this little project is to help frame the mindsets of the two extreme ends of the CMO spectrum in order to facilitate a dialogue and create some common ground somewhere in the middle. With that said, your comment will help keep me honest and from drifting into the easy path of bashing versus offering up constructive criticism.I look forward to your thoughts on this as it evolves.Best,Aaron | @aaronstrout
Mike – another good question. Thanks for helping make this project more fun and rewarding.
BTW – I asked, purposefully, in hoping to hear from both CMOs and how their opinions might differ in this day and age with so many channels available
Aaron – In hindsight, my post does sound more combative than it was meant to be. I know you well enough to know that you've got immense respect for everyone in business, whatever their role or perspective.You summarized things perfectly with the phrase "social can be a scary thing" (can I steal that phrase for my own blog post?) and the observation on how transformational it is on the business. Kind of like, once you go social, there's no turning back. (I like how Sam Lawrence, formerly of Jive Software, used to say "The toothpaste is out of the tube.") And that's definitely a scary prospect.BTW, I love the Two CMOs format, and look forward to the rest of the posts in this series.
Matthew – we're good. ;)I would be flattered if you used "social can be a scary thing" for your own blog post. BTW, that phrase by our friend, Sam Lawrence, was also one of my favorites!
I am quite surprised after reading this post, how two different personalities can be involved in social networks during a sluggish sales season.
Aaron, what a good idea! Building up conversation with the contrast of arguments in the both of the same rope is one good dimension – what about adding the dimension of the corporate culture the personas work within? The stereotype cards to play here could be 'good old we know it all product driven culture' vs 'we listen to the world and have our ears close to rails marketing driven culture'. Kind of broadcast culture vs youcast culture. Could be interesting to see old James in a youcast kind of company maybe will make him shine… And Tessa stucked up in a stiff white shirt/black tie kind of company will… ;-)Benny Forsberg, CMO Squace, Stockholm Sweden
Benny — I like you're thinking. In the second installment, I tried to make James and Tessa more similar than you'd think they would be. Not sure I will turn James into a "youcaster" but I may have a trick or two up my sleeves still.
That is somewhat understandable, particularly with organizations that particularly set in their ways, risk-averse, and/or in more traditional industries.
I love this idea and will be following it Aaron. I know you're going to do your best to be even handed, but I'm curious as to how you're creating their personalities and from what "pool" they will be drawing their opinions from? All "stereotypes" we each perceive are necessarily colored by our own psyches. Will we be looking at two sides of Aaron Strout, or are you creating composites drawn from the experiences and preferences of colleagues you interview for this purpose? Just wondering.Either way, I'd like to see something about the brands and cultures of the companies they represent, independent of their personalities. Many companies have CMO's who will do the right thing by their corporate brand even when it isn't in alignment with their own views. It would be interesting to me if one of them WOULD delve into Social, because they felt it was the right move for their product line and brand, even though they have no personal interest, nor predilection to deal with it themselves. Would they hire a team of social Community Managers and use a hands off approach? How would that differ from the management style of a CMO who WAS Social savvy and hands on? What would be the effect on successes, failures, dedication to the methods for each company?This whole exercise could be a fascinating course study at a university!Darin Kirschner~