Marketing Operations: MObilizing Marketing For A Web 2.0 World
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Transcript of Marketing Operations: MObilizing Marketing For A Web 2.0 World
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
It`s Not the Wild Wild West any More
• Efficient new channels & tools
• A collaborative platform to engage customers, stakeholders
• Greater focus on org. integrity & transparency
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Web 2.0 Has Transformed Marketing From Outside In
Information Superhighway 2.0
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
But There`s Order Within Chaos
Product Mgmt Marcom
Lead GenSocial Media
PR Channel MktgEventsWeb Alliances
© 2012 Marketing Operations Partners. All Rights Reserved.
Marketing is Broken Inside Most Companies
Silos
• Measurable data in 2000
Metric Data
Fine granularity needed for better decisions
Metric Data
• Measurable data now
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Information Overload
• Your metrics for success are ill-defined
• Your people are slammed
• Your institutional memory is leaky
• Your innovation and creativity are suffering from constipation
• Your team, cross-functional or supplier relationships are poorly-
aligned
• Your decision-making process is tough to justify
• Your marketing portfolio is not delivering expected results
© 2012 Marketing Operations Partners. All Rights Reserved.
7 Deadly Sins, Letterman-Style
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
It`s Time to Change the MO of Marketing!There`s Help for Program Drivers!
Product Mgmt Marcom
Lead GenSocial Media
PR Channel MktgEventsWeb Alliances
• New initiatives, tools strengthen operational muscle, agility
• Holistic framework mobilizes x-functional alignment, accountability behind strategy
• Greater emphasis on org. integrity & transparency
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Marketing Operations. The Yin to Web 2.0`s Yang
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Internal Transportation System: MO 2.0
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Highways, Roadways and Bridges . . .
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
MetricsProcessGuidance
Infrastructure Management
Technology
Strategy
EcosystemAlignment
MOdel for Sustainable Success
• Enterprise Strategic Objectives
• Gap Closing• Over some
period of time• Objective #1• Objective #2
• Decisions & Doing• Investments• Measures• Programs• Initiatives• Activities• Alignment
• Gaps to Close•Priorities•Leverage•Now vs. Later
• Goals & Gaps• Economic• Experience• Business
(Ethics, Principles, Values)
Alignment of Stakeholders
with each other
Alignment of Stakeholders
with each other
Balanced Returns to
Each Stakeholder
Balanced Returns to
Each Stakeholder
Maximum Overall
Satisfaction
Maximum Overall
SatisfactionSuccess!Success!
START
© 2012 Marketing Operations Partners. All Rights Reserved.
Aligned Objectives
A Strategic Foundation for Marketing ExcellenceA Strategic Foundation for Marketing Excellence
A Holistic FrameworkA Holistic FrameworkAlignment Integration
A Best Practice Enabler A Best Practice Enabler Consistency Sustainability
An Operational DisciplineAn Operational DisciplineEfficiency Accountability
MO 1.0 MO 2.0
✓
✓
✓
✓
✓✓
✓✓
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Marketing Operations: A Definition
Scaling for Growth
EnterpriseStrategic Agenda
Customer Profitability
BuyingAcceleration
Accountability Alignment withStakeholders
MarketingIntelligence
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Marketing Operations: Sphere of Influence
• Converting Insight into Value (Marketing Intelligence)
• Accelerating Sales/Buying Process (Sales Acceleration)
• Scaling Marketing for Growth
• Delivering Strategic Agenda
• Maximizing Customer Profitability
• Demonstrating Return on Marketing (Accountability)
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Six Top Marketing Challenges and How MO Addresses Them
Lack of Confidence inBusiness Intelligence
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Challenge:Converting Insight into Value
Lack of Confidence in Business Intelligence
Solution:Converting Insight into Value
Benchmark Best Practices
Validate Market Demand
Assess Insight/
Opportunity Gaps
Baseline What We Know/What We
Don’t MO BreedsActionable Insight and Innovation
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
No or Slow - Growth...Disappointing Revenue Results
Challenge:Accelerating Selling/Buying Process
© 2012 Marketing Operations Partners. All Rights Reserved.
No or Slow Growth
Solution:Accelerating Selling/Buying Process
Integrate Buying/Selling
Cycle
Feed Sales Pipeline
Optimize Sales/ Marketing Hand-offs
Leverage Loyalty Assets
MO Aligns Sales/
Marketing Effort
© 2012 Marketing Operations Partners. All Rights Reserved.
Marketing in Reaction Mode
Challenge:Scaling Marketing for Growth
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Marketing in Reaction Mode
Solution:Scaling Marketing for Growth
Diagnose Marketing Health
Architect Enabling Shared Processes
Optimize Marketing Investment
Develop Marketing Competency
MO MObilizes Resources
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Every Strategy/Budget Cycle-- a Free-for-All
Challenge:Delivering the Strategic Agenda
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Catalyze Shared Vision
Strategy / Budget Cycles are Free-for-Alls
Solution:Delivering the Strategic Agenda
Ensure Message Integrity
Live the Brand
SocializeMarketing Change
MO RealizesStrategy
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
The Price of Acquiring & Keeping a Customer is Growing
Challenge:Maximizing Customer Profitability
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
The Price of Acquiring & Keeping
Customers is Growing
Solution:Maximizing Customer Profitability
Calculate Customer Lifetime Value
Capture Customer Decision Drivers
Win Back At-Risk Customers
Mobilize to Meet Customer Expectations
MO Delivers
Customer Experience
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Marketing on Defensive to Show Contribution
Challenge:Demonstrating Return on Marketing
“Much of what marketing can contribute right now is seen as less tangible because we lack the metrics” – Dawn Hudson, CEO, Pepsi North America
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Marketing on Defensive To Show
Contribution
Solution:Demonstrating Return on Marketing
Align Marketing/Enterprise
Objectives
Track Individual and Team Performance
Fine-tune Forecasting thru Predictive
Analytics
Define and Track Key Metrics via
Dashboards
MO Enables Account-
ability
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Change ManagementCompetency DevelopmentEnterprise Metrics AlignmentOrg. Learning CatalystStrategic Management
Fundamental MO
Budget Management CRM Marketing ServicesVendor Management
Expanded MO
Sophisticated MO
Marketing AutomationBest PracticesRewards AlignmentProcess DesignKnowledge Management
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
3 Stages of Marketing Operations Maturity
• With Sales• With Enterprise Metrics
> 20%CAGR’03-’07
Strong BrandIdentity
ProcessExcellence
• Budgeting• Brand Management• Customer Management• Planning • Product Lifecycle Management
• Predictive Analytics for Revenue & Budget Planning Processes
Alignment
ExecutionExcellence
Profile of Marketing Operations Best Practices
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
• Stronger position during budget scrutiny
• Part of a learning-oriented environment
• Better utilization of your unique talents
• Greater job satisfaction
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Benefits of New MO – For Marketing Professionals
• Injection of left-brain thinking
• Shift of priorities from short- to long-term
• An operational partner, a Chief of Staff
• Increased tenure
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Benefits of a New MO – for CMOs
• Better x-functional alignment
• Decreased employee, customer churn
• Greater contribution from marketing
• Win in the market
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Benefits of a New MO – for CEOs
• Journey to Marketing Operations Maturity Benchmarking Study
by Marketing Operations Partners
• Calibrate How You Operate by The CMO Council
• The Profit Maximization Paradox: Cracking the Marketing/Sales Alignment Code by Glen Petersen
• Marketing Metrics in Action by Laura Patterson
• Marketing 2.0: Bridging the Gap between Buyer and Seller through Social Media Marketing by Bernie Borges
• Marketing Operations Future Forum on LinkedIn
• Marketing Operations Cross-Company Alliance (MOCCA)
Other Resources:
IDC, Sirius Decisions, Aberdeen, Forrester Research
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Great Marketing Operations Resources
See What Marketing Ops Thought Leaders are Saying!
Benchmarking study:adopt best practices,
avoid pitfalls,build your MO roadmap!
MOpartners.com/resources/store
Follow our blog!
MOpartners.com/blog
tinyurl.com/Mktg-Ops
Online talk show with execs from Autodesk, Clorox,
Genworth, NetApp, … and more!
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Jump-start Your Organization’s Awareness of Marketing Operations Improvement OpportunitiesSocialize your assessment results through this coffee table book with more than 2 dozen analyses and recommendations. Excerpts from 88‐page MO:DNA report:
www.MOpartners.com/resources/MO-DNA© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Advance Your Expertise in Marketing Operations
1) Impact & Promise of Marketing Ops
2) Mobilizing Strategic Impact for Corporate Growth
3) Designing Marketing Infrastructure for Results
4) Journey to Marketing Ops Maturity
Marketing Operations Essentials: 4 modules available online, in‐person, or hybrid
www.MOpartners.com/resources/© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Join the Marketing Operations Future ForumThe Forum takes you on a discovery process that alters your viewpoint to manage any aspect of marketing more efficiently and effectively
www.MOfutureforum.com© 2012 Marketing Operations Partners, Inc. All Rights Reserved.
Let’s Keep in Touch!
tinyURL.com/MOfutureforum@[email protected]/Mktg-Ops
US +1 408 243 7881London +44 (0)20 7193 7682Singapore +65 8183 4022
© 2012 Marketing Operations Partners, Inc. All Rights Reserved.