What is the future of Marketing Innovation?
I think we’ll see more customer-centric CMOs. We’ll see more human brands, interacting with their customers in a more personal. Businesses will utilize Big Data Marketing and the power of all the digital information to create more personalized customer experiences.
Earlier this week I joined a group of super-smart and passionate folks on #ContentChat. Moderated by Jenise Fryatt (@JeniseFryatt), the Social Media Strategist for Smarter Shift.
The topic was the Future of Marketing and the main theme was that the future of marketing innovation will be all about the customer. Here is a recap of the main discussion but I would love to get your views…Please comment below and tell us what you think?
The #ContentChat Questions:
- What developments are having the most impact on the field of marketing today?
- Are marketers adjusting adequately to these changes?
- If trends continue, what will we be seeing more of in marketing?
- What practices are on their way out?
- Are there any potential disruptors to these trends that we should keep an eye on?
- How can marketers best prepare themselves for the future?
What developments are having the most impact on the field of marketing today?
A1: The biggest changes are happening with our buyers. We know the digital story: social, mobile, local – all conspiring!
A1: But it’s the convergence of all these, plus a new generation of buyer expectations that is breaking most marketing IMO
A1: The world has changed dramatically in a few short years but most marketing is still stuck in the past
Are marketers adjusting adequately to these changes?
A2: Most marketing is literally inside-out. We go from products to pitches. Buyers are increasingly rejecting it.
A2: Biggest Mistake Marketers Make: our content and marketing strategy is all about us. Not about our customers / buyers.
A2: Marketers stuck in the past don’t understand marketing is now a 2-way convo and not a billboard.
If trends continue, what will we be seeing more of in marketing?
future is personal. Companies are just a collection of people w/ emotions, great stories tell, need to connect
A3: the future
Business gets out of the way and let’s employees, partners and customers connect. We need to enable.
Balancing is key! MT @
A3: Future of marketing is also about data. So we have these 2 forces: humans & machines!
A3: Winners will be brands that can use data+insights to predict which types of stories on which channels allow them to connect
What practices are on their way out?
A4: What’s out? one-way, interruption, all-about-me, unsolicited, overly-promotional, spin, less than 1% response tactics
A4 On the way out: Talking, not listening. Selling, not solving. Me, not us.
Quick Recap: buyers have changed. most marketing stinks. we need to take advantage of data, storytelling to connect / humanize.
Are there any potential disruptors to these trends that we should keep an eye on?
A5: We’ll be talking more holistically about Relationship Marketing instead of Social/Digital/Mobile
A5: Imagine when every company can personalize customer experiences like Amazon? That’s disruption.
How can marketers best prepare themselves for the future?
A6: Rise of connected enterprise. We need to train all of our orgs to understand social & customer-centricity.
A6: How to Prepare for the Future? First, we must become social storytellers. Then we need to empower others.
A6: We also cannot ignore the
question. Great content and empowered employees will generate a better return.
A6: In effect, start by helping customers, then empower employees, and demonstrate how that helps the business grow
A6: The ROI is a Marketer’s Karma.. Can’t ignore it!
Thanks to Jenise and all the folks who attended for the great discussion. Check out Jenise’s recap for the full transcript of the Content Chat and check out the next Content Chat (Mondays 3 PM EST).
Republished with permission