Marketing has lost its way, it has lost strategic ownership, it lost the 4ps and 4cs and has an identity battle. Marketing needs to take back the strategic ownership of the pricing and the product direction before Growth or Experience consumes it. Take a journey with Jeff the CMO on where tactics and channels took over and where Jeff and other CMO's need to go to and get to ASAP
6. Agency Do For Me
Agency Think For Me
Huge Gulf & Expense Difference
Output on them
Output on you
// @dannydenhard
A lot of
guess work
Image Source Unsplash
7. Jeff and his team
spends £50million
on Marketing &
Advertising
Image Source // @dannydenhard
19. Image Source // @dannydenhard
Product based companies -
not a huge number of them
need huge marketing
teams
20. “If we don’t [own the long-term vision
strategy] our CEOs will chop away at
our remit, our team and our budgets.
We need to extend our influence on
the Product, on UX, on design, on
delivery and so on.
Marketers need to do what product
teams have had to do for a long time:
bed-in with other departments and
bring them on the journey with you.”
Danny Denhard - April 2019
// @dannydenhard
21. 🙃 Brand as a value 🙂
// @dannydenhard
#RIPTOTHECMO
26. 💭 Thinking & Spending Short
Term ⏱
// @dannydenhard
#RIPTOTHECMO
27. // @dannydenhard
• Tactical
• Channel Based
• Advertising
• Brand building
• Inspiring product
development
• Nudging to respond
• Video
• New channel
• More expensive
testing
Short Term Mid Term Long Term
✅ ❌
1 - 3 Months 3- 9 Months 1 Year PlusActions Tactics Strategy
Marketing Issues
Image Source Unsplash
29. “In the a crowded
marketplace, fitting in is
a failure.
In a busy marketplace,
not standing out is the
same as being invisible."
- Seth Godin
// @dannydenhardImage Source Seth.blog
30. ⚠ Remember User Journey Isn’t
Under Marketing's Stewardship 👈
// @dannydenhard
#RIPTOTHECMO
38. Aware and Compare
Create / Purchase / Use
Active
Success & Reuse
Retention
Upsell
Referral
Cross sell
Consideration
Look Familiar?
// @dannydenhard
39. Create / Purchase / Use
Active
Success
Retention
Upsell Referral
Cross sell
“I think I like these brands, lets think about it”
“Well I have started now, better do the job I want”
I use it, I reuse it,
“That did the job ok, should I bother using them again?”
Consideration
“The product seems about right, I think I know the brand”
Owner: Marketing
Owner: Marketing
Owner: Product
Owner: Marketing
Owner: Product
Owner: Product
Owner:
Product Marketing
Owner:
Product Marketing
// @dannydenhard
Ownership is 🔑
Aware and Compare
40. 📱operates in micro moments
🔰The funnel is ignored - it becomes task oriented
💁Mobile users demand “know me” anywhere, anytime
// @dannydenhard
41. Inactive user 😴
Vs
Re-acquire 💰
Two Real Issues
// @dannydenhard
Jeff which one is it?
Paid for retention
Image Source Unsplash
42. 💬 Marketing should be the strategic part of the
company, involved in the end to end customer
experience.
Pushing the messages, centralising, learning and
evolving the message + the product & the market.
Then bringing in all other departments 💬
My Belief
// @dannydenhard
45. Eras 1700s 1800s 1900s 2000s
Offline & Mass Marketing
Leveraging Movement
Targeted Advertising
Creative Era
Start of contextual ads
Targeting based on habits
Hyper-targeting aka over
personalised 🌍
Magazine & Magazine Ads
Posters & Ads
Billboards
Podcasts
Department Stores - Shop Windows
World Wide Web
Radio Broadcast
Smartphone Launch
Newspapers & Newspaper Ads
Cinema Advertising
Catalogues
TV Broadcast
Cable TV
Commercial Email
Mobile Launch
Train & Tube Ads
Conversation
Whats Next?
Community
// @dannydenhard
Product Placement
Ten year Marketing to
Advertising cycle ♺
18 Months Marketing to
Advertising cycle ♺
46. // @dannydenhard
Product placement has
been a staple since the
1880s & cycles back
around, just look out in
show you watch on
Netflix or in Friends
or Instagram
or YouTube…
Image Sources: Buzzfeed & YouTube
49. Why?
Marketing has & is
hands off.
Community and
conversation is hands
on (and timely)
// @dannydenhard
1-2-1
1-2-Few
1-2-Many✅
❌
😒
50. Why?
⬇ Too many channels
😒 Power shift from Brand to Consumer
💵 Expensive, open, almost transparent
📲 ⬅
// @dannydenhard
51. 29 Years Of
Constant Change
Conversation
Community
// @dannydenhard
OverPersonalisedWorld
52. The over personalisation has forced the me
before the we.
Marketing struggled to be relevant or inspire
with the shift.
// @dannydenhard
53. New Advertising
Western World Order:
Google and Facebook
really did create magic
Google 🔎
- Serve free listings
- Free to search, free to compete
- Create + increase demand
- Buy more keyword
- Buy your own brand terms
- Buy other brands keywords
- Pay to Play
// @dannydenhard
Facebook 👍
- Build organic presence
- Build largest community of real people
- Build your community
- Buy targeting
- Buy better targeting
- Lose your organic brand and reach
- Pay to Play ➡ Pay More
55. Did advertising become the
only way to work out how to
grow faster?
// @dannydenhard
Yes? No?💭 Jeff, what do you think? 💭
56. Creativity
Customer
Happiness
Traditional
Recent Marketing History
Digit
al
Traditional Digital
Traditional Digital
Traditio
nal
Digital
Real Marketing Dark Art’s
Big Bang
Marketing
Targeting everyone
Old School Target the right demo
TV + Untrackable Tracking Everything
Offline Online
Creative +
Trackable
Show Marketing
Messages Constantly
High
Lower
Lowest
Highest
High
High
Lower
Lowest
Late 1990’s
2020
// @dannydenhard
57. Why?
Doing the wrong thing
Saying the wrong thing
Selling the wrong thing
Product being off - poor service
// @dannydenhard
🤔 Jeff how do we defend ourselves against this? 🤔
Brands have never been as dilatable as they are today
58. Amazon have the best PR
strategy:
- Any move is written about
- Anything mentioned is a story
- Example: Drone Delivery
Their Promise:
Customer Centric won out
// @dannydenhard
Thanks to Amazon &
creating
“Prime Expectations”
60. B2B B2C
Product costing (unit economics)
Longer Product development cycle
is acceptable
Simple Product, Easy to use
Product wins
Value exchange essential:
Relationships (trust + influence)
matter greatly
Marketing led for usage and
adoption
Growth comes from sales and
partnerships
Growth comes from usage and
unlocking usage
Predictable Unpredictable - fickle
Limited competitors Huge number of competitors
Long cycle of relationship Short cycle of relationship
Now brought into the org like B2C
software - Slack, Dropbox, Zoom
Harder to get tractions - way more
competition
B2B Leveraging
B2C & Individuals
// @dannydenhard
61. The anytime anywhere
generation.
There are too many channels
and choices for consumers
Social Media is the dopamine
kick in my pocket we craved
The 📲 Kicked
& Killed
Marketing
// @dannydenhard
📱is in micro moments
🔰The funnel is ignored - it becomes
task oriented
💁Mobile users demand know me
anywhere, all the time
⚠ 🚨 WARNING REPETITION ALERT ⚠ 🚨
62. 🙏 Begging To Be Social
Friends
// @dannydenhard
#RIPTOTHECMO
63. 🙃 Craving &
Chasing
Platforms
Users 🙃
Social Network &
Communications
MAU’s
Facebook 2.41B
YouTube 2b
WhatsApp 1.5B
Messenger 1.3B
WeChat 1.1B
Instagram 1B
QQ 807M
LinkedIn 645M
Qzone 553M
TikTok 500M
Sina Weibo 465M
Pinterest 291M
Snapchat 203M
Twitter 139M
F
F
F
F
G
🎵 Jeff why aren’t we viral on Tiktok yet? 🎵
64. 😞 Why Is It Happening? 😞
// @dannydenhard
#RIPTOTHECMO
65. Everyone thinks:
1. Marketing is easy
2. Anyone can do it
- I have this idea
Why is this
happening?
// @dannydenhard
88. The Evolution Of Marketing:
Content
// @dannydenhard
#RIPTOTHECMO
89. Limited Content
Hard to find content
More Niche content
Too Much Content
Pay for all content
All content free
Subscription based content
Paywalled Content
1900’s
Early 2000’s
2005 - 2014
2015 - 2017
2018 to Today
// @dannydenhard
90. Limited Content
Hard to find content
More Niche content
Too Much Content
Pay for all content
All content free
Subscription based content
Paywalled Content
1900’s
Early 2000’s
2005 - 2014
2015 - 2017
2018 to Today
⬅ This is when CMO’s starting having the issue
⬅ Targeting started to get more accurate, demographic based
⬅ Subscription fatigue is coming and will be real // @dannydenhard
91. Inherit content & beliefs
from parents
Newsletters
Forums
Blogs
Read what you can
Social Media
Stories
Newsfeed
The Evolution Of Content
& Reading Habits
Read what you were given
The Internet
The Mobile
Before we were born
Few thought leaders
Unknown thought
Leaders
Topic based
Thought Leaders
Influencers
Algorithmic Thought
Leaders// @dannydenhard
95. Distribution makes the
winner
Great Product does the
Marketing
Trusted Brands release more
Products
Great ProductTimeline of un-Marketing
Great Marketing
Great Brands Win
Low amount of competitors
// @dannydenhard
Great Messaging
More competitors
Price no longer a
differentiation
Pay to play
Tactical over strategic
thinking
Low Price to 0 Everywhere
Sub brands are treated just
as Products
Big brands shift to marketplaces
model & advertising
Cheap targeted
ads
Price of Marketing
increases - Influence decreases
Era: Crisis of confidence
Internet era
Mobile 1st era
Social & Apps
take over
97. @dannydenhard
News
Consumption
Word out mouth
📰 Newspaper
📻 Radio
📺 TV
Internet
Magazines
Forums
Word out mouth
Word out mouth
Apps
SMS
Social Networks
Instant Messengers
Blogs Blogs
Word out mouth
News LettersEmails +
Emails +
VideoYouTube
Before 1998
After 1998
98. @dannydenhard
Entertainment
Pre Internet
📰 Newspaper
📻 Radio
📺 TV
Magazines
Recent Times
Cinema
Books
DVD
On Demand DVD
Blogs
Social Networks
YouTube
Mobile on demand
Podcasts
On Demand Streaming
Theatre
Camera first social media
Created by
millions seen
by few to
multi millions
Highly produced
by few distributed
to many.
Controlled Media
104. 1. Vanity Metrics
2. Not knowing the difference
between actions, tactics &
strategy
3. Having little to no influence over
Product
4. Knowing what activity moved
the needle
5. Not being able to say x = y
6. Letting other business owners
devalue Brand
CMO’s Problem
// @dannydenhard
105. Web Identity - Marketings
Fight 🥊
// @dannydenhard
#RIPTOTHECMO
118. APART FROM FCK KFC
Imagine messing up
logistically this badly and
coming back this strong!
& Offering Beyond Fried
Chicken sold out in 5
hours
@dannydenhard>>>>>>> Image Source: KFC
121. Monzo
That coral card opened up
many wallets (but not as
much money). 💰
👏 TV ads drove close to 1
million card sign ups
Image Source: Monzo // @dannydenhard
122. Peloton
Build an Apple like great
product & a community
to validate fitness & £2k+
spend with SaaS pricing
Image Source: Peloton // @dannydenhard
133. Have no fear!
Here is how marketers will win!
// @dannydenhard
#RIPTOTHECMO
134. H O W Y O U W I L L W I N
The number 1 reason why Marketing teams aren’t getting extra investment
or budget is trust, showing that numbers works & you know what worked
and how to continue more sales
3. Prove you win & drive sales
2. Influence the C-Suite ASAP
4. Take back ownership
5. Collaborate Successfully
7. Think Differently, Brand = Sales
8. Brand + Creativity + Culture
+ Time
1. Build trust NOW
Often you are only as good as your leader but get more senior buy in, work
with the CFO, CEO & importantly your Customer & influence intelligently
Marketing cannot confidently talk about how it wins, how it drives sales and
where worked, build it, understand it & show it
Marketing used to be known for owning and leading from the front, in
recent years not so much. Help take back the ownership and develop
campaigns that c-suite can brag about
Growth & Product influence far more than Marketing currently, collaborate with
Experience, Product and Growth. Win collectively
Feedback is a gift, however online is can be brutal and you should expect feedback
questioning you, your product and your people
= the best results (but it is essential to have a lot of confidence to release out into
the world
// @dannydenhard
6. Remember Strategy & Planning
Marketing have to take back telling the stories, selling the stories in and being the
leader in centralising the numbers & amplifying the success