Hacking Marketing: Marketing Management in a Software World

51
Hacking Marketing Scott Brinker @chiefmartec Marketing Management in a Software World

Transcript of Hacking Marketing: Marketing Management in a Software World

Page 1: Hacking Marketing: Marketing Management in a Software World

Hacking Marketing

Scott Brinker@chiefmartec

Marketing Management in a Software

World

Page 2: Hacking Marketing: Marketing Management in a Software World

Co-founder & CTOSoftware and servicesfor interactive content.

EditorBlog on the entwining of marketing & technology.

Program ChairMarketing techconference.

Page 3: Hacking Marketing: Marketing Management in a Software World
Page 4: Hacking Marketing: Marketing Management in a Software World
Page 5: Hacking Marketing: Marketing Management in a Software World
Page 6: Hacking Marketing: Marketing Management in a Software World
Page 7: Hacking Marketing: Marketing Management in a Software World

~150 ~350 ~1,000 ~2,000

2011 2012 2014 2015

~3,500(3,874 logos)

2016

Page 8: Hacking Marketing: Marketing Management in a Software World

classicscope of

marketing

Page 9: Hacking Marketing: Marketing Management in a Software World

classicscope of

marketing

typical scale ofa VC-scaled

software vendor

Page 10: Hacking Marketing: Marketing Management in a Software World

modernscope of

marketing

Page 11: Hacking Marketing: Marketing Management in a Software World

modernscope of

marketing

room for more VC-scaled vendors

room formany organic businesses too

Page 12: Hacking Marketing: Marketing Management in a Software World

time

+

-

currently active martech vendors

2016 estimation

cumulative

marketing tech

entrants

cumulativemarketing techexits

Page 13: Hacking Marketing: Marketing Management in a Software World

time

marketi

ng te

ch

adop

tion

number of

marketing tech

vendors

peak martech landscape

Page 14: Hacking Marketing: Marketing Management in a Software World

Let’s playNAME THAT PROFESSION

Page 15: Hacking Marketing: Marketing Management in a Software World

Analytical Creative

Page 16: Hacking Marketing: Marketing Management in a Software World

AnalyticalProgramming

CreativeDesign

Page 17: Hacking Marketing: Marketing Management in a Software World

AnalyticalProgrammingAutomation

CreativeDesign

Experience

Page 18: Hacking Marketing: Marketing Management in a Software World

Marketing SoftwareDevelopmen

t

Page 19: Hacking Marketing: Marketing Management in a Software World

Marketing& Software

Page 20: Hacking Marketing: Marketing Management in a Software World
Page 21: Hacking Marketing: Marketing Management in a Software World

Thinking Like an EngineerIn Marketing Automation In Pseudo Code

for(MktoLead lead in leads[]){

if (!lead.email.contains(@newrelic.com) &

lead.mktoOwnerID = “005400000025zP6” &

lead.source = “Website Live Chat”){

if(lead.routingReason.isempty()){lead.routingReason = “Website Chat”

} lead.ChangeOwner(“Queue: SDR Queue”) }

}Source: Isaac Wyatt, New Relic, presentation at MarTech 2015

Page 22: Hacking Marketing: Marketing Management in a Software World

What can marketers learnfrom software managementto thrive in this environment?

Now that marketing andsoftware are thoroughly

entangled…

Page 23: Hacking Marketing: Marketing Management in a Software World

1 2 3 4 5 6 7 8

time

PlanDesign

DeployReview

Waterfall vs. Agile

Page 24: Hacking Marketing: Marketing Management in a Software World

1 2 3 4 5 6 7 8

time

• respond to new events and information

• deploy viable work into the market sooner

• adjust your approach based on feedback

• stop wasting time on ineffective programs

• experiment with innovative, new ideas

each sprint is an opportunity to:

Page 25: Hacking Marketing: Marketing Management in a Software World

MessagesMedia

“The medium is the message.”– Marshall McLuhan

theartof

communications

what it says

how and where it appears

Page 26: Hacking Marketing: Marketing Management in a Software World

Mechanisms

Media

Messageswhat it says

how and where it appears

how it behaves

what it does

theartof

customerexperience

Page 27: Hacking Marketing: Marketing Management in a Software World

Media

Messages

Mechanisms

CX

Marketing

marketing managers

Page 28: Hacking Marketing: Marketing Management in a Software World

UI Data

Code

UX

Software

product managers

Page 29: Hacking Marketing: Marketing Management in a Software World

Media

Messages

Mechanisms

UI Data

Code

CX UX

Marketing Software

marketing managers product managers

Page 30: Hacking Marketing: Marketing Management in a Software World

ScalabilityInnovationExperimentation Standardization

Explore Exploit“Fail Fast” “Fail Not”Question

AssumptionsLeverage

AssumptionsSpeed Dependability

Page 31: Hacking Marketing: Marketing Management in a Software World

Can we manage both with one framework?

No, but we can manage them with two…

Page 32: Hacking Marketing: Marketing Management in a Software World

Core

Edge

Bimodal marketing

Many innovations are explored

on theedge.

Only a few are scaled

into the core.

70%

30%Majority of investment allocated to the core, but wider

exploration on the edge.

Page 33: Hacking Marketing: Marketing Management in a Software World

Core

Edge

TransitionBimodal

marketing Transition from the edge to the core is

carefully controlled — like a

“stage gate” innovation process.

It’s okay for non-scalable programs to remain in the

edge.

Page 34: Hacking Marketing: Marketing Management in a Software World

TECHNOLOGY STACK

ACTIONSINSIGHT

SPRIVACY

TMS DATA LAYER

SOCIAL, EMAIL, DISPLAY

SURVEY, CRM, LIVE CHAT

ONSI

TEOF

FSIT

EOF

FLIN

E

WEBSITE APPAPP

APPLICATIONS

Page 35: Hacking Marketing: Marketing Management in a Software World
Page 36: Hacking Marketing: Marketing Management in a Software World
Page 37: Hacking Marketing: Marketing Management in a Software World
Page 38: Hacking Marketing: Marketing Management in a Software World
Page 39: Hacking Marketing: Marketing Management in a Software World
Page 40: Hacking Marketing: Marketing Management in a Software World

Company

Brand

CampaignChannelTactic

IterationFeedback

years

months

weeks

days

fast

slow

pace of change

real-time

corporate culture, values, image

positioning,value proposition

concept, audience, messaging

media mix,context framing

communications, experiences

A/B testing, personalization

social media, metricsM

arke

ting

Pace

Lay

ers

Page 41: Hacking Marketing: Marketing Management in a Software World

fast

slow

pace of change

• marketing strategy

• marketing operations

• marketing technology stack

• website design

• marketing data

pace layers apply to:

Design governance and architecture to facilitate layers changing at their own pace.

Page 42: Hacking Marketing: Marketing Management in a Software World

Jesse James Garrett ([email protected])

Page 43: Hacking Marketing: Marketing Management in a Software World
Page 44: Hacking Marketing: Marketing Management in a Software World

“Great designs come fromgreat designers.”

– Fred Brooks

Page 45: Hacking Marketing: Marketing Management in a Software World

“The differences are not minor –they are rather like the differences

between Salieri and Mozart.”– Fred Brooks

Page 46: Hacking Marketing: Marketing Management in a Software World

“The difference betweenthe great and the average

approach an order of magnitude.”

– Fred Brooks

Page 47: Hacking Marketing: Marketing Management in a Software World

The “Myth” of the 10X Engineer

Page 48: Hacking Marketing: Marketing Management in a Software World

1. Talent2. Opportunity3. Leverage

Page 49: Hacking Marketing: Marketing Management in a Software World

The “Myth” of the 10X Engineer10X Marketer

Page 50: Hacking Marketing: Marketing Management in a Software World

“A brilliant road map.”– Ram Krishnan

SVP & CMO, PepsiCo

“A compelling model.”– John L. Kennedy

CMO, Xerox

“A terrific manifesto.”– David C. Edelman

McKinsey & Company

“A must-read operating manual for CMOs.”

– Ajay AgarwalBain Capital

Available now at

Page 51: Hacking Marketing: Marketing Management in a Software World

Chief Marketing Technologisthttp://chiefmartec.com

ion interactive, inc.http://ioninteractive.com

[email protected]: @chiefmartec

Email me at:

MarTech Conferencehttp://martechconf.com