SlideShare a Scribd company logo
1 of 15
Download to read offline
Data. Insight. Action.
®
A DATAXU REPORT
THE NEW MARKETER
How Data and Technology are Driving the Rise
of the Chief Marketing Technologist
© DataXu, Inc. All rights reserved. 2
CONTENTS
Introduction................................................................................3
Methodology................................................................................4
The New Marketer........................................................................5
In-house vs Managed Service –
The Benefits and Challenges.......................................................8
Closing the Skills and Knowledge Gap......................................10
From CMO to CMT – The Future of the Marketer........................11
Where to From Here?.................................................................14
THE NEW MARKETER
INTRODUCTION
By Chris Le May, Managing Director, UK and Nordics, DataXu
There’s an oft-quoted claim made by Gartner in 2012
that by 2017, chief marketing officers (CMO) will spend
more on IT than CIOs. As it turns out, Gartner was right.
The thing is, it’s happening far quicker than anyone
imagined.
Change came so quickly that it gave many marketing
professionals whiplash. Or as Christine Cutten, principal
with Deloitte Consulting so succinctly put it when talking
to CMO.com, “Almost everyone is in catch-up mode
since the landscape is changing so quickly.”
And it is set to change even faster still, as with greater
diversification comes a greater use of technology and
the need to not just manage it but handle it with such
prowess that you can empower your business with what it
can do. According to DataXu’s own research, illustrated
in this report, 41% of UK marketers expect to be using
more technology next year, with 26% telling us that
today, more than half of the requirements of their role
revolve around technology.
So does the convergence of IT and marketing require a
new individual who can step in and bridge the gap
between these two previously siloed departments?
Someone with the technical knowledge to relate to the IT
department, and the creative zeal to inspire and motivate
marketers and customers alike?
Enter the chief marketing technologist (CMT). It’s a role
that’s been in the making for ten years. While Gartner’s
figures indicate that 81% of companies already have the
equivalent of a CMT in place, it’s important to note that
on closer examination, this is restricted to US companies
of $500 million or more in revenue – companies that
are the exception, not the norm. This side of the pond,
there are early adopters of the CMT, as our research
shows, but still widespread debate as to whether it is
necessary, can add value and can work efficiently
alongside the CMO for the greater good of the business
and its customer.
Our research shows that UK businesses are catching up
with their stateside counterparts. Despite just 14% of
the marketers we surveyed saying their business is
already taking advantage of a CMT, 70% believe that
more companies will begin to recruit for a CMT within
the next five years. 35% of respondents feel the role has
become so vital, that it will replace the traditional CMO
role. What’s more, 31% of the marketers we surveyed
said they would like to take this role on themselves.
What’s pushing marketers and businesses in this direction
besides the obvious technology spiral that businesses
and consumers are now irrevocably entwined within? Our
results show that the prominence of in-house solutions is
compounded by digital marketers’ increasing need to
adopt both cost effective and highly accountable strategies
and tactics, but to demand high levels of transparency in
the face of burning industry issues such as complicated
pricing, bot fraud and quality inventory.
In response, the role of the marketer has evolved from
the guardian of the creative manifestation of a brand to a
champion of data driven efficiency. Is the transition from
CMO to CMT a recognition of the need for brands to take
on a more future-proof mentality?
And if it is, where does that leave the CMO? Will
developments over the next five years make this role
completely redundant? The majority of respondents (53%)
in our survey believe that both the CMO and CMT have
their place in the marketing structure, with 51% saying
they should have joint responsibility over marketing
technology. This school of thought argues that both
positions have very distinct skill sets, and that a business
is far stronger if it utilises both skills sets than if it
sacrifices one position for the other.
Whichever route you choose to take – hiring a CMT or
fortifying the CMO role and marketing division with
enhanced technological capabilities – we would not
hesitate in stating that one of these two choices must
be made. This report provides insight into the technology
trajectory marketers face in the coming years as well as
the current sentiment around the CMT role and its
relationship with CMOs and the marketing department
overall. Perhaps in five years’ time we’ll know the answers
for sure, but by then it will be too late – proactive moves
need to be made now to equip businesses for a tech-
focussed future.
© DataXu, Inc. All rights reserved. 3
THE NEW MARKETER
METHODOLOGY
This study was conducted for DataXu by Redshift
Research among 250 marketing decision makers in the
UK. The interviews were conducted in March 2015 using
an email invitation and an online survey. There were also
10 qualitative phone interviews conducted with senior
marketers from industries spanning publishing, law, third
sector, education, construction and media. The combined
study was facilitated by WITH PR.
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 4
North
East
South
West
East
Midlands
Yorkshire/
Humberside
East of
England
North
West
South
East
Greater
London
5%
1%
6% 6%
7%
8%
9% 9%
10%
11%
12%
18%
West
Midlands
WalesScotlandNI
Region
The sample was selected from the Crowdology and
Crowdology partner panels which are balanced across
regional, age and gender demographic factors, and is
nationally representative of the UK population. Each
respondent completes 120 profiling questions before
being accepted to join our panel. Panel Quality
Management is carried out frequently to ensure
reliable surveys.
1. THE NEW MARKETER
Marketing has undergone a radical digital transformation,
which isn’t a seasonal trend, but a fundamental shift in
behaviour, and companies need be at the forefront of
this to retain their competitive edge.
As technology continues to influence the marketing
function, a new breed of marketer is being born. This
Figure 1
How much of your role involves
the use of marketing technology
(not including email or social media)?
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 5
shift demands a new skill set, reflective of how
businesses are engaging with and managing technology.
But how much of a role does technology play in the day-to
-day activities of a marketer? Over a quarter of marketers
state that more than 50% of their role involves the use
of marketing technology, as highlighted in Figure 1.
All aspects of my role
involves the use of
marketing technology
Between
99 and 76%
Between
75 and 51%
Between
50 and 26%
Between
25 and 1%
No aspect of my role
involves the use of
marketing technology
4%
8%
14%
31%
34%
11%
THE NEW MARKETER
The role technology plays in marketing will remain
significant, according to 49% of surveyed marketers
and 38% of respondents even see an increase over the
next five years, as shown in Figure 2. One respondent,
marketing director of an education company, elaborates:
“There will be a continued drive towards more online
and technological core solutions in terms of the need
for personalisation, speed and responses driven by
consumer needs that will continue to become greater.”
© DataXu, Inc. All rights reserved. 6
Figure 2
Do you expect this percentage to change
in the next five years?
38%
49%
8%
6%
Yes, I expect my role to depend more on the use of marketing technology
Yes, I expect my role to depend less on using marketing technology
No, I expect this to stay the same
Don’t know/no opinion
With such an emphasis on technology, the tools being
used by marketers are becoming equally digital-centric.
Marketers revealed that the top areas for utilising software
platforms were social media, email marketing, CRM and
digital advertising. 51% of marketers are using such
platforms for social media, 50% for email marketing
and 27% use dedicated technology for CRM. Only 25%
state that they use technology platforms to manage
digital advertising, perhaps indicating that marketers
often outsource digital media buying to agencies or
other partners.
Our research shows that for many marketers, technology
is firmly embedded in their roles, but how this is reflected
in marketing budgets varies among the respondents.
Around a third (28%) say they have a completely separate
budget for making marketing technology purchases. With
budget allocated solely to the investment of marketing
technology, this may suggest these are the businesses
who recognise this as a priority.
One of the respondents, a sales and marketing director
of a bicycle distributor, is representative of forward
thinking firms who are committed to utilising technology.
Purchasing decisions are made by the marketing team,
although many stakeholders are involved. Yet not all
marketers have this freedom, certainly not the likes of
another marketer, marketing director of an education
company, who reveals that their new systems were in
fact bought by the technology division.
Over half of the respondents (51%) would like to be
responsible for marketing technology purchase decisions,
saying that CMOs and senior marketers should have
budget and purchasing control of marketing technologies.
Yet 35% of marketers say they share their tech budget
with other departments. Just 8% are committed to
implementing a standalone budget for a marketing
technology department, highlighting a potentially small
group of technologically advanced, ‘early adopter’
businesses. How this will impact their future ability to
adopt and integrate technology remains to be seen.
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 7
51%of marketers are using
software platforms for social media.
50%use software platform for
email marketing.
27%use dedicated technology
for CRM.
25%of marketers use specialist
platforms to manage digital advertising.
Over half of the respondents
(51%) would like to be
responsible for marketing
technology purchase decisions.
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 8
2. IN-HOUSE VS MANAGED SERVICE – THE BENEFITS & CHALLENGE
For many of the marketers we surveyed, in-house
solutions appear to be the most attractive proposition.
38% manage all of their marketing technology in-house,
while 18% do so for the majority of it. 41% of respondents
say the volume of marketing technology managed internally
has increased over the past year. 41% again say this will
continue to increase over the next 12 months.
The reasons for keeping marketing technology in-house
provide key insights as to what is motivating marketers,
as outlined in Figure 3. 41% favour in-house because
of its cost effectiveness, aligning with the mounting
pressure on marketers to deliver greater results year on
year with stagnating or shrinking budgets.
This is in parallel to the 20% who say controlling the use
of marketing technology in-house offers greater accuracy
on campaign results, demonstrating how efficiency and
ROI are front of mind for many marketers. 16% say it is
greater transparency that has them on-side with in-house
technology management, as it brings them closer to
strategies and tactics used and therefore opens up
opportunities for future learnings. Furthermore,
transparency relates to pricing, especially during a time
where many agencies are under reviews by brands,
often in regards to margins that are applied to media
management. It is also reflective of emerging but ongoing
industry issues such as fraud and viewability that are
now influencing marketers’ choice of technology partner.
Figure 3
What do you think is the greatest benefit of
managing marketing technology in-house?
It’s more cost-
effective
It gives more
accurate results
on marketing
campaigns
It offers greater
transparency
Don’t know/
no opinion
It gives
advertisers direct
access to their
own data
I do not think
managing marketing
technology in-house
is better - I prefer to
work with agencies
41%
20%
16%
11%
9%
3% 1%
Other
THE NEW MARKETER
But keeping everything in-house isn’t without its
challenges, as illustrated by the top three concerns of
our respondents in Figure 4. The first is finding the time
to run the technology, as revealed by 30% of marketers,
who perhaps have the perception that buying marketing
software means they need to manage it themselves,
unaware that an agency or the marketing software
provider can run it on their behalf. The second, as
stated by 21%, is finding the right staff to manage the
technology, underlining the need for digital development
within teams and honing in on tech savvy new recruits.
In-house solutions might give companies more freedom
© DataXu, Inc. All rights reserved. 9
when it comes to implementation and management of
the platform, but 19% of marketers feel the cost for
purchasing marketing technology is too high.
As mentioned earlier, 38% of respondents stated that they
manage marketing technology in-house. On the other hand
and perhaps because of the above reasons, 21% of firms
choose external partners to manage the majority of their
marketing technology. 18%, meanwhile, use a combination
of internal and external technology management.
One of our marketers, head of marketing of a publishing
group, explains some of the challenges of managing
technology, suggesting there is clear value an external
partner can add:
“There are so many technological options, and the audience is
fragmenting and doing so many different things on different
screens. There are a lot of challenges from that point of view. You
do need to be a master of all of them to understand what is the
best way of engaging with your audience.”
Our marketers indicate that reviews of the technology
platforms they use are undertaken regularly. 30% prefer
annual reviews, 20% review once a quarter and 16%
choose a lengthier biannual timescale.
Figure 4
What do you think is the biggest challenge of
managing marketing technology in-house?
Finding the time to manage this technology
Finding the right staff to manage this technology
The cost of buying this technology or software
Training existing staff members on new technology
Don’t know/no opinion
I do not think there are any challenges of managing
marketing technology in-house
30%
21%
19%
13%
11%
8%
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 10
3. CLOSING THE SKILLS AND KNOWLEDGE GAP
The in-house versus external discussion continues when
considering staff training. Given the rapid pace of
technology progression, as well as the multitude of
platforms any one company might operate, keeping staff
well trained is key to optimising performance.
Training run by industry bodies and internal teams has
a role to play, at least for 19% of the marketers we
surveyed. The most popular option though, as indicated
by 30%, is training provided by technology partners.
This underlines how technology vendors can be elevated
from the position of provider to consultant or partner by
offering strategic guidance to help marketers and their
teams get the most out of the platform.
Yet our results, seen in full in Figure 5, show there are
gaps to fill – 25% say they attempt to learn about new
technology on their own while 16% don’t receive any
training at all. Clearly there are a range of opportunities for
marketers to become even more knowledgeable by taking
advantage of what their technology partner can offer and
working closely with them to shape a bespoke programme
that meets the needs of their team and overall strategy.
For technology partners, this offers the chance to build
closer client relationships ahead of their competitors and
further strengthen the value their offering provides.
Of the marketers that had received training, the majority
were positive, with 37% saying it was somewhat effective
and another 20% saying it was very effective. 15% felt
training was not effective. These numbers not only highlight
how marketers should be looking to get more out of their
technology partners when it comes to education and
advice, but how the industry overall could do more to
increase the quality and accessibility of training.
How do you receive training and information about
new marketing technology in your organisation?
Dedicated training
sessions run by the
technology provider
or vendor
I primarily
understand
new marketing
technology on
my own
Dedicated
training sessions
or workshops
run by industry
bodies
We don’t
receive any
training
Dedicated training
sessions run by
someone in the
organisation
Whitepapers
or training
documents/videos
from someone in
the organisation
We don’t use
any marketing
technology
Other
30%
25%
19% 19%
16%
10% 9% 9%
1%
Whitepapers or
training documents/
videos from the
technology provider
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 11
4. FROM CMO TO CMT - THE FUTURE OF THE MARKETER
A notable impact of technology on the role of the
marketer is sparking the debate around whether a chief
marketing officer is now morphing into a chief marketing
technologist. There is evidence for and against this,
as highlighted by our respondents. An overwhelming
70% feel that over the next five years, more companies
will begin hiring CMTs and tech-focused marketers in
general. 53% say most organisations should employ both
a CMO and CMT, or tech-focussed senior marketer. 35%
believe CMTs are so vital to the future of business that
they will replace the traditional CMO role. See Figure 6.
Figure 6
Do you agree with the following
statements? % of those who
“agree” or “strongly agree”
I believe more companies will begin hiring CMTs/tech-
focused marketers in the next five years
I think most organisations should have both a CMO
and a CMT/tech focused marketer
I think CMOs and CMTs are needed in companies and they
should be jointly responsible for marketing technology
I think CMOs should have control of the marketing
techology in their organisation
I think organisations don’t need to create new positions e.g. hire
CMTs to deal with the abundance of data and new technology
If CMTs/tech-focused marketers were to replace CMOs,
organisations would benefit from the added insight
I think CMTs will replace CMOs as heads of marketing
I think the trend of companies hiring CMTs/tech-focused
marketers will diminish in the next five years
70%
53%
51%
51%
41%
35%
35%
26%
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 12
A question around the current composition of marketing
teams revealed that 14% of our respondents appear to be
early adopters and already have a CMT in place. A further
8% stated that they already operate in a CMT-like role
(see Figure 7). One respondent, co-owner of a media
agency, feels the CMT role is “an absolute necessity”:
“If you are being bombarded by technology you need someone in
place that fully understands how each type of technology works and
why each one is the best for their need. More importantly, the CMTs
are the ones forcing agencies to re-evaluate their technology
offering, so they aren’t being ripped off.”
Another marketer comments:
“I think [the CMT role] is a current need, definitely. The speed of
change requires us to have somebody fulfilling that role now. The
pace of change is incredibly scary and that person needs to keep up
to date and keep their finger on the pulse. You need a CMT there
who understands technology […], maximising the return for your
investment there and then.”
Marketers not only see the importance of the CMT role,
but 31% are invested enough in it to say that they hope
to become a CMT in the future (see Figure 7). A senior
marketing manager for a law firm said:
“The CMO will morph into the CMT. That’s just going to be the direction
of travel rather than creating a completely separate new role. The
role will always be looking to source a solution that will fit – not just
for now, but for the next 2, 3, 5 years. And the pace at which technology
moves is very rapid, so that is becoming more and more difficult.”
Yet not all marketers are united in their views. 37% of
respondents believe that the traditional marketing role
will become redundant in favour of a more technology-
focussed role, while 39% disagree with this. There are
those who are not convinced about the validity of the
CMT role. As shown in Figure 6, just over a quarter
(26%) of marketers believe that the hiring of CMTs and
tech-focused marketers will not be a continuing trend.
This is echoed by another 48% who say they would not
wish to become a CMT.
Figure 7
Do you aspire to become a CMT or another similar
role in charge of marketing technology?
31%
48%
14%
8%
Yes
No
Don’t know
I already operate in a CMT role
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 13
41% say there is no need to hire a CMT or create a new
position to deal with marketing technology. One of our
marketers agrees:
“We have an IT Director and regarding marketing, we take his advice on
anything we want to look at from a technology point of view. I can’t see
us employing a dedicated marketing technologist. I see the colleague
we have in IT rising in the ranks.”
Another marketer concurs:
“The interrelationship between marketing and technology, marketing
and HR, marketing and finance are getting more complex and closer,
so if you have a CMT you’d need a CMF or a CMHR. Where do you
draw the line?”
Potential duplication aside, three of the marketers
interviewed feel that the CMT role is only viable in a
bigger organisation, with the budgets, resources and scale
to support the role. Some 53% believe CMOs and CMT
should be working in tandem, as one marketer articulates:
“I think that you have to have both sets of knowledge; you can’t
really have one without the other.”
Another of our marketers theorises that CMOs and CTOs
would affect a business positively both in structure and
future performance, but questions how this would work
in practice:
“It would be very difficult for the two roles to exist side by side. I
think that the CMT role would probably report to a CMO. It would
be a very senior marketing position, but I don’t know if it would
actually get to that level, certainly in the medium term. I guess
my question would be whether I’d want to go in two different
directions with two different people. You’d want them to be
working cohesively.”
For the role to work, cohesion is of course key, as another
marketer iterates:
“You’d have to get the shared vision so right, and you’d have to
get the alignment of goals. It’s whether or not it’s at that CMT
level, or is it the next level down but still reporting to the CMO?
That’s the issue.”
Logistics aside, 49% agree that both a CMO and CMT
should sit at board level, suggesting that marketing and
technology should not just be siloed domains, but have
an increasingly important impact on a business overall.
“If you have a CMT you’d need
a CMF or a CMHR. Where do
you draw the line?”
agree that both a CMO and
CMT should sit at board level,
highlighting their increasing
overall importance.
49%
THE NEW MARKETER
© DataXu, Inc. All rights reserved. 14
WHERE TO FROM HERE?
The era of ‘Big Data’ has definitely arrived, and a data-
driven way of working is becoming par for the course
for many marketers and businesses. Marketers have
now become au fait with leveraging data from all kinds
of channels, be it customer purchasing history, CRM
databases, or market research, to inform tactical brand
decisions. They now have more power at their fingertips
in the form of data and tools than ever before, but with
this comes the responsibility of knowing how to use it to
shape not just their brand strategy for the better, but that
of their business.
The question that arises is, whether the traditional
marketing role is fit to cope with the influx of data and
the technology needed to make it meaningful and
impactful. Even if industry views are divided over whether
the traditional CMO role will become redundant, the
majority of the marketers we surveyed for this report
certainly believe that technology’s influence on their jobs
will manifest itself in even more profound ways in the
not so distant future.
This is not to say that the traditional creative remit of
marketing should take a back seat to data, despite 35%
of respondents feeling that the CMT will replace the
traditional CMO role. Data-driven marketing enables
those in creative roles to do their best work by allowing
them to focus on the details and nuances that will make
their campaigns stand out. The effective whole of both
left-brained and right-brained talent collaborating
together effectively will be far greater than the sum of
their respective parts.
While the CMT role may not be the perfect solution for
every business right now, our research indicates that it
will certainly become a pre-eminent one in the next five
years, thanks to the unprecedented demand for a new
data-savvy marketer. This is a conundrum that technology
alone can’t solve, but rather, needs a mix of tools and
talent to shape the future of marketing. The ability to
accurately translate data into insights and action requires
input from individuals with a unique blend of industry
expertise and analytic prowess – this is where the CMT
will find their sweet spot, and earn their place in the
leadership team.
Data. Insight. Action.
®
Data. Insight. Action.
®
CONTACT US
REQUEST A DEMO
ABOUT DATAXU
DataXu’s Programmatic Marketing software enables marketers to better
understand and engage customers across all available media formats,
devices, channels, and buying modes. Powered by its patented Active
Analytics® technology, DataXu’s #1 rated platform leverages big data
science and analytics to drive better ROI. With fifteen offices in eleven
countries, DataXu’s petabyte scale marketing cloud is powering the
digital transformation of the world’s most valuable brands.
For more information, visit www.dataxu.com.
CONTACT
Berit Block, Marketing Director Europe
bblock@dataxu.com | +44 20 7636 8010
© DataXu, Inc. All rights reserved.
Created in cooperation with Redshift and With PR

More Related Content

What's hot

The CMO Survey - Highlights and Insights Report - August 2018
The CMO Survey - Highlights and Insights Report - August 2018The CMO Survey - Highlights and Insights Report - August 2018
The CMO Survey - Highlights and Insights Report - August 2018christinemoorman
 
BRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and Analytics
BRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and AnalyticsBRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and Analytics
BRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and AnalyticsBRIDGEi2i Analytics Solutions
 
The CMO Survey Highlights and Insights Report - June 2020
The CMO Survey Highlights and Insights Report - June 2020The CMO Survey Highlights and Insights Report - June 2020
The CMO Survey Highlights and Insights Report - June 2020christinemoorman
 
When_will_Marketers_be_promoted_to_the_boardroom
When_will_Marketers_be_promoted_to_the_boardroomWhen_will_Marketers_be_promoted_to_the_boardroom
When_will_Marketers_be_promoted_to_the_boardroomJo Lane
 
digital-transformation-agenda-2016
digital-transformation-agenda-2016digital-transformation-agenda-2016
digital-transformation-agenda-2016Derk-Jan Brand
 
ANZStateofMarketingTechnology2016
ANZStateofMarketingTechnology2016ANZStateofMarketingTechnology2016
ANZStateofMarketingTechnology2016Caroline Maillols
 
Marketing disruption: Five blind spots on the road to marketing's potential -...
Marketing disruption: Five blind spots on the road to marketing's potential -...Marketing disruption: Five blind spots on the road to marketing's potential -...
Marketing disruption: Five blind spots on the road to marketing's potential -...Bertrand Barbet
 
Organisations buy. Not individuals
Organisations buy. Not individuals Organisations buy. Not individuals
Organisations buy. Not individuals Oliver Rix
 
The data directive - The EIU report on how data is driving corporate strategy
The data directive - The EIU report on how data is driving corporate strategy The data directive - The EIU report on how data is driving corporate strategy
The data directive - The EIU report on how data is driving corporate strategy The Economist Media Businesses
 
Data trends redefine leading brands
Data trends redefine leading brandsData trends redefine leading brands
Data trends redefine leading brandsDmytro Lysiuk
 
PwC 2016 CEO Survey Insurance report
PwC 2016 CEO Survey Insurance report PwC 2016 CEO Survey Insurance report
PwC 2016 CEO Survey Insurance report PwC
 
IAB Netherlands report: Report on Digital Marketing Innovation
IAB Netherlands report: Report on Digital Marketing Innovation IAB Netherlands report: Report on Digital Marketing Innovation
IAB Netherlands report: Report on Digital Marketing Innovation IAB Europe
 
The CMO Survey - Highights and Insights Report - Feb 2018
The CMO Survey - Highights and Insights Report - Feb 2018The CMO Survey - Highights and Insights Report - Feb 2018
The CMO Survey - Highights and Insights Report - Feb 2018christinemoorman
 
How well are offshore IT firms doing in Healthcare ?
How well are offshore IT firms doing in Healthcare ?How well are offshore IT firms doing in Healthcare ?
How well are offshore IT firms doing in Healthcare ?Damo Consulting Inc.
 
Has Martech Moved the Needle for SMBs?
Has Martech Moved the Needle for SMBs?Has Martech Moved the Needle for SMBs?
Has Martech Moved the Needle for SMBs?MediaPost
 
Worldw ide Chief Marketing Officer 2013 Top 10 Predictions: Today's CMO Beco...
Worldw ide Chief Marketing Officer 2013 Top 10  Predictions: Today's CMO Beco...Worldw ide Chief Marketing Officer 2013 Top 10  Predictions: Today's CMO Beco...
Worldw ide Chief Marketing Officer 2013 Top 10 Predictions: Today's CMO Beco...btob2013
 
The Upside Down CMO
The Upside Down CMOThe Upside Down CMO
The Upside Down CMOOnMessage
 
Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...
Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...
Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...EY
 
The CMO Survey Highlights and Insights Report - Feb 2019
The CMO Survey Highlights and Insights Report - Feb 2019The CMO Survey Highlights and Insights Report - Feb 2019
The CMO Survey Highlights and Insights Report - Feb 2019christinemoorman
 

What's hot (20)

The CMO Survey - Highlights and Insights Report - August 2018
The CMO Survey - Highlights and Insights Report - August 2018The CMO Survey - Highlights and Insights Report - August 2018
The CMO Survey - Highlights and Insights Report - August 2018
 
BRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and Analytics
BRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and AnalyticsBRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and Analytics
BRIDGEi2i Whitepaper - Demand Acceleration in the age of BIG Data and Analytics
 
The CMO Survey Highlights and Insights Report - June 2020
The CMO Survey Highlights and Insights Report - June 2020The CMO Survey Highlights and Insights Report - June 2020
The CMO Survey Highlights and Insights Report - June 2020
 
When_will_Marketers_be_promoted_to_the_boardroom
When_will_Marketers_be_promoted_to_the_boardroomWhen_will_Marketers_be_promoted_to_the_boardroom
When_will_Marketers_be_promoted_to_the_boardroom
 
digital-transformation-agenda-2016
digital-transformation-agenda-2016digital-transformation-agenda-2016
digital-transformation-agenda-2016
 
ANZStateofMarketingTechnology2016
ANZStateofMarketingTechnology2016ANZStateofMarketingTechnology2016
ANZStateofMarketingTechnology2016
 
Marketing disruption: Five blind spots on the road to marketing's potential -...
Marketing disruption: Five blind spots on the road to marketing's potential -...Marketing disruption: Five blind spots on the road to marketing's potential -...
Marketing disruption: Five blind spots on the road to marketing's potential -...
 
Organisations buy. Not individuals
Organisations buy. Not individuals Organisations buy. Not individuals
Organisations buy. Not individuals
 
The data directive - The EIU report on how data is driving corporate strategy
The data directive - The EIU report on how data is driving corporate strategy The data directive - The EIU report on how data is driving corporate strategy
The data directive - The EIU report on how data is driving corporate strategy
 
Data trends redefine leading brands
Data trends redefine leading brandsData trends redefine leading brands
Data trends redefine leading brands
 
The New Chinese Economy
The New Chinese EconomyThe New Chinese Economy
The New Chinese Economy
 
PwC 2016 CEO Survey Insurance report
PwC 2016 CEO Survey Insurance report PwC 2016 CEO Survey Insurance report
PwC 2016 CEO Survey Insurance report
 
IAB Netherlands report: Report on Digital Marketing Innovation
IAB Netherlands report: Report on Digital Marketing Innovation IAB Netherlands report: Report on Digital Marketing Innovation
IAB Netherlands report: Report on Digital Marketing Innovation
 
The CMO Survey - Highights and Insights Report - Feb 2018
The CMO Survey - Highights and Insights Report - Feb 2018The CMO Survey - Highights and Insights Report - Feb 2018
The CMO Survey - Highights and Insights Report - Feb 2018
 
How well are offshore IT firms doing in Healthcare ?
How well are offshore IT firms doing in Healthcare ?How well are offshore IT firms doing in Healthcare ?
How well are offshore IT firms doing in Healthcare ?
 
Has Martech Moved the Needle for SMBs?
Has Martech Moved the Needle for SMBs?Has Martech Moved the Needle for SMBs?
Has Martech Moved the Needle for SMBs?
 
Worldw ide Chief Marketing Officer 2013 Top 10 Predictions: Today's CMO Beco...
Worldw ide Chief Marketing Officer 2013 Top 10  Predictions: Today's CMO Beco...Worldw ide Chief Marketing Officer 2013 Top 10  Predictions: Today's CMO Beco...
Worldw ide Chief Marketing Officer 2013 Top 10 Predictions: Today's CMO Beco...
 
The Upside Down CMO
The Upside Down CMOThe Upside Down CMO
The Upside Down CMO
 
Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...
Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...
Business Pulse - Dual perspectives on the top 10 risks and opportunities 2013...
 
The CMO Survey Highlights and Insights Report - Feb 2019
The CMO Survey Highlights and Insights Report - Feb 2019The CMO Survey Highlights and Insights Report - Feb 2019
The CMO Survey Highlights and Insights Report - Feb 2019
 

Viewers also liked

Video conectado by yume
Video conectado by yumeVideo conectado by yume
Video conectado by yumeCarlos Gómez
 
Peno3 presentatie autonome voertuigen
Peno3 presentatie autonome voertuigenPeno3 presentatie autonome voertuigen
Peno3 presentatie autonome voertuigenNeleR
 
Pres idbb hoofdstuk5
Pres idbb hoofdstuk5Pres idbb hoofdstuk5
Pres idbb hoofdstuk5CVO_De_Nobel
 
Fhc z'dublin'i chart without robot
Fhc z'dublin'i chart without robotFhc z'dublin'i chart without robot
Fhc z'dublin'i chart without robotFabrice CLAMAGIRAND
 
Tarjeta Marián Vidal Rodés
Tarjeta Marián Vidal RodésTarjeta Marián Vidal Rodés
Tarjeta Marián Vidal RodésMari Vidal
 
Descripción de proyecto
Descripción de proyectoDescripción de proyecto
Descripción de proyectoAgustina Rocio
 
Transparency report sharing the secret of word press themesplugins business
Transparency report   sharing the secret of word press themesplugins businessTransparency report   sharing the secret of word press themesplugins business
Transparency report sharing the secret of word press themesplugins businessArjun Thakuri
 
PHP 7.1 : elegance of our legacy
PHP 7.1 : elegance of our legacyPHP 7.1 : elegance of our legacy
PHP 7.1 : elegance of our legacyDamien Seguy
 
Unit Testng with PHP Unit - A Step by Step Training
Unit Testng with PHP Unit - A Step by Step TrainingUnit Testng with PHP Unit - A Step by Step Training
Unit Testng with PHP Unit - A Step by Step TrainingRam Awadh Prasad, PMP
 
Docencia 3 P L A N I F I C A C I O N S E M I N A R I O I N V E S T I G A ...
Docencia 3   P L A N I F I C A C I O N  S E M I N A R I O  I N V E S T I G A ...Docencia 3   P L A N I F I C A C I O N  S E M I N A R I O  I N V E S T I G A ...
Docencia 3 P L A N I F I C A C I O N S E M I N A R I O I N V E S T I G A ...Adalberto
 
Pulp & paper industries.....
Pulp & paper industries.....Pulp & paper industries.....
Pulp & paper industries.....jitendra kumar
 

Viewers also liked (15)

Video conectado by yume
Video conectado by yumeVideo conectado by yume
Video conectado by yume
 
Peno3 presentatie autonome voertuigen
Peno3 presentatie autonome voertuigenPeno3 presentatie autonome voertuigen
Peno3 presentatie autonome voertuigen
 
Pres idbb hoofdstuk5
Pres idbb hoofdstuk5Pres idbb hoofdstuk5
Pres idbb hoofdstuk5
 
Fhc z'dublin'i chart without robot
Fhc z'dublin'i chart without robotFhc z'dublin'i chart without robot
Fhc z'dublin'i chart without robot
 
Tarjeta Marián Vidal Rodés
Tarjeta Marián Vidal RodésTarjeta Marián Vidal Rodés
Tarjeta Marián Vidal Rodés
 
Descripción de proyecto
Descripción de proyectoDescripción de proyecto
Descripción de proyecto
 
Transparency report sharing the secret of word press themesplugins business
Transparency report   sharing the secret of word press themesplugins businessTransparency report   sharing the secret of word press themesplugins business
Transparency report sharing the secret of word press themesplugins business
 
PHP 7.1 : elegance of our legacy
PHP 7.1 : elegance of our legacyPHP 7.1 : elegance of our legacy
PHP 7.1 : elegance of our legacy
 
Unit Testng with PHP Unit - A Step by Step Training
Unit Testng with PHP Unit - A Step by Step TrainingUnit Testng with PHP Unit - A Step by Step Training
Unit Testng with PHP Unit - A Step by Step Training
 
Docencia 3 P L A N I F I C A C I O N S E M I N A R I O I N V E S T I G A ...
Docencia 3   P L A N I F I C A C I O N  S E M I N A R I O  I N V E S T I G A ...Docencia 3   P L A N I F I C A C I O N  S E M I N A R I O  I N V E S T I G A ...
Docencia 3 P L A N I F I C A C I O N S E M I N A R I O I N V E S T I G A ...
 
Mike Hines, Amazon
Mike Hines, AmazonMike Hines, Amazon
Mike Hines, Amazon
 
Pulp & paper industries.....
Pulp & paper industries.....Pulp & paper industries.....
Pulp & paper industries.....
 
Miloš Milošević, Nordeus
Miloš Milošević, NordeusMiloš Milošević, Nordeus
Miloš Milošević, Nordeus
 
Aleksey Rehlov, Creative Mobile OÜ
Aleksey Rehlov, Creative Mobile OÜAleksey Rehlov, Creative Mobile OÜ
Aleksey Rehlov, Creative Mobile OÜ
 
Tamara Basova, Pixonic
Tamara Basova, PixonicTamara Basova, Pixonic
Tamara Basova, Pixonic
 

Similar to DataXu_The New Marketer_2015

Cmo insights ibm institute for business value
Cmo insights   ibm institute for business valueCmo insights   ibm institute for business value
Cmo insights ibm institute for business valuePaul Writer
 
Stepping Up To The Challenge - CMO Insignt From The Global C-Suite Study
Stepping Up To The Challenge - CMO Insignt From The Global C-Suite StudyStepping Up To The Challenge - CMO Insignt From The Global C-Suite Study
Stepping Up To The Challenge - CMO Insignt From The Global C-Suite StudyEvgeny Tsarkov
 
Stepping up to the challenge - CMO insights from the global C-suite study
Stepping up to the challenge - CMO insights from the global C-suite studyStepping up to the challenge - CMO insights from the global C-suite study
Stepping up to the challenge - CMO insights from the global C-suite studyIBM Software India
 
CMO insights- IBM Institute for Business Value
CMO insights- IBM Institute for Business ValueCMO insights- IBM Institute for Business Value
CMO insights- IBM Institute for Business ValuePaul Writer
 
Rocket Fuel Big Data Report
Rocket Fuel Big Data ReportRocket Fuel Big Data Report
Rocket Fuel Big Data ReportCarat Turkiye
 
Watson Marketing 2017 Research
Watson Marketing 2017 ResearchWatson Marketing 2017 Research
Watson Marketing 2017 ResearchJeremy Waite
 
capgemini research on cmo responsibilities with changing times in 2021
capgemini research on cmo responsibilities with changing times in 2021capgemini research on cmo responsibilities with changing times in 2021
capgemini research on cmo responsibilities with changing times in 2021Social Samosa
 
The Eclipse of the CIO . . . And What it Means for Technology Suppliers
The Eclipse of the CIO . . . And What it Means for Technology SuppliersThe Eclipse of the CIO . . . And What it Means for Technology Suppliers
The Eclipse of the CIO . . . And What it Means for Technology SuppliersMakovsky Integrated Communications
 
Data-Driven Marketing Survey
Data-Driven Marketing SurveyData-Driven Marketing Survey
Data-Driven Marketing SurveyTeradata
 
The State of Always-On Marketing Study
The State of Always-On Marketing StudyThe State of Always-On Marketing Study
The State of Always-On Marketing StudyIshraq Dhaly
 
Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...
Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...
Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...Alyesha Patel-Parker
 
ClickZ Buyers Guide - Bid Management - PPC, Display, Social Media
ClickZ Buyers Guide - Bid Management - PPC, Display, Social MediaClickZ Buyers Guide - Bid Management - PPC, Display, Social Media
ClickZ Buyers Guide - Bid Management - PPC, Display, Social MediaClark Boyd
 
Meng marketing trends report 2009
Meng marketing trends report 2009Meng marketing trends report 2009
Meng marketing trends report 2009hubbudunya
 
Responsys forrester the-rise_of_the_customer
Responsys forrester the-rise_of_the_customerResponsys forrester the-rise_of_the_customer
Responsys forrester the-rise_of_the_customerJenna Beck
 
TNS Asia Pacific Marketing Monitor 2015
TNS Asia Pacific Marketing Monitor 2015TNS Asia Pacific Marketing Monitor 2015
TNS Asia Pacific Marketing Monitor 2015TNS_APAC
 
Future focus 2018 by i prospect
Future focus 2018 by i prospect Future focus 2018 by i prospect
Future focus 2018 by i prospect Renato Virgili
 
ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...
ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...
ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...Clark Boyd
 
Adweek 2019 Data-Driven Marketing at the Crossroads
Adweek 2019 Data-Driven Marketing at the CrossroadsAdweek 2019 Data-Driven Marketing at the Crossroads
Adweek 2019 Data-Driven Marketing at the CrossroadsMark Osborne
 
Ericka pionin digital transformation – defined
Ericka pionin   digital transformation – definedEricka pionin   digital transformation – defined
Ericka pionin digital transformation – definedEricka Pionin
 

Similar to DataXu_The New Marketer_2015 (20)

Cmo insights ibm institute for business value
Cmo insights   ibm institute for business valueCmo insights   ibm institute for business value
Cmo insights ibm institute for business value
 
Stepping Up To The Challenge - CMO Insignt From The Global C-Suite Study
Stepping Up To The Challenge - CMO Insignt From The Global C-Suite StudyStepping Up To The Challenge - CMO Insignt From The Global C-Suite Study
Stepping Up To The Challenge - CMO Insignt From The Global C-Suite Study
 
Stepping up to the challenge - CMO insights from the global C-suite study
Stepping up to the challenge - CMO insights from the global C-suite studyStepping up to the challenge - CMO insights from the global C-suite study
Stepping up to the challenge - CMO insights from the global C-suite study
 
CMO insights- IBM Institute for Business Value
CMO insights- IBM Institute for Business ValueCMO insights- IBM Institute for Business Value
CMO insights- IBM Institute for Business Value
 
Rocket Fuel Big Data Report
Rocket Fuel Big Data ReportRocket Fuel Big Data Report
Rocket Fuel Big Data Report
 
Watson Marketing 2017 Research
Watson Marketing 2017 ResearchWatson Marketing 2017 Research
Watson Marketing 2017 Research
 
capgemini research on cmo responsibilities with changing times in 2021
capgemini research on cmo responsibilities with changing times in 2021capgemini research on cmo responsibilities with changing times in 2021
capgemini research on cmo responsibilities with changing times in 2021
 
The Eclipse of the CIO . . . And What it Means for Technology Suppliers
The Eclipse of the CIO . . . And What it Means for Technology SuppliersThe Eclipse of the CIO . . . And What it Means for Technology Suppliers
The Eclipse of the CIO . . . And What it Means for Technology Suppliers
 
Data-Driven Marketing Survey
Data-Driven Marketing SurveyData-Driven Marketing Survey
Data-Driven Marketing Survey
 
The State of Always-On Marketing Study
The State of Always-On Marketing StudyThe State of Always-On Marketing Study
The State of Always-On Marketing Study
 
Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...
Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...
Strategy First : How Marketers Can Avoid Common Technology Pitfalls & Drive R...
 
ClickZ Buyers Guide - Bid Management - PPC, Display, Social Media
ClickZ Buyers Guide - Bid Management - PPC, Display, Social MediaClickZ Buyers Guide - Bid Management - PPC, Display, Social Media
ClickZ Buyers Guide - Bid Management - PPC, Display, Social Media
 
Meng marketing trends report 2009
Meng marketing trends report 2009Meng marketing trends report 2009
Meng marketing trends report 2009
 
Responsys forrester the-rise_of_the_customer
Responsys forrester the-rise_of_the_customerResponsys forrester the-rise_of_the_customer
Responsys forrester the-rise_of_the_customer
 
TNS Asia Pacific Marketing Monitor 2015
TNS Asia Pacific Marketing Monitor 2015TNS Asia Pacific Marketing Monitor 2015
TNS Asia Pacific Marketing Monitor 2015
 
Future focus 2018 by i prospect
Future focus 2018 by i prospect Future focus 2018 by i prospect
Future focus 2018 by i prospect
 
ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...
ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...
ClickZ/Fospha: The State of Marketing Measurement, Attribution, and Data Mana...
 
Adweek 2019 Data-Driven Marketing at the Crossroads
Adweek 2019 Data-Driven Marketing at the CrossroadsAdweek 2019 Data-Driven Marketing at the Crossroads
Adweek 2019 Data-Driven Marketing at the Crossroads
 
Ericka pionin digital transformation – defined
Ericka pionin   digital transformation – definedEricka pionin   digital transformation – defined
Ericka pionin digital transformation – defined
 
Marketing ROI in the Era of Big Data
Marketing ROI in the Era of Big DataMarketing ROI in the Era of Big Data
Marketing ROI in the Era of Big Data
 

DataXu_The New Marketer_2015

  • 1. Data. Insight. Action. ® A DATAXU REPORT THE NEW MARKETER How Data and Technology are Driving the Rise of the Chief Marketing Technologist
  • 2. © DataXu, Inc. All rights reserved. 2 CONTENTS Introduction................................................................................3 Methodology................................................................................4 The New Marketer........................................................................5 In-house vs Managed Service – The Benefits and Challenges.......................................................8 Closing the Skills and Knowledge Gap......................................10 From CMO to CMT – The Future of the Marketer........................11 Where to From Here?.................................................................14 THE NEW MARKETER
  • 3. INTRODUCTION By Chris Le May, Managing Director, UK and Nordics, DataXu There’s an oft-quoted claim made by Gartner in 2012 that by 2017, chief marketing officers (CMO) will spend more on IT than CIOs. As it turns out, Gartner was right. The thing is, it’s happening far quicker than anyone imagined. Change came so quickly that it gave many marketing professionals whiplash. Or as Christine Cutten, principal with Deloitte Consulting so succinctly put it when talking to CMO.com, “Almost everyone is in catch-up mode since the landscape is changing so quickly.” And it is set to change even faster still, as with greater diversification comes a greater use of technology and the need to not just manage it but handle it with such prowess that you can empower your business with what it can do. According to DataXu’s own research, illustrated in this report, 41% of UK marketers expect to be using more technology next year, with 26% telling us that today, more than half of the requirements of their role revolve around technology. So does the convergence of IT and marketing require a new individual who can step in and bridge the gap between these two previously siloed departments? Someone with the technical knowledge to relate to the IT department, and the creative zeal to inspire and motivate marketers and customers alike? Enter the chief marketing technologist (CMT). It’s a role that’s been in the making for ten years. While Gartner’s figures indicate that 81% of companies already have the equivalent of a CMT in place, it’s important to note that on closer examination, this is restricted to US companies of $500 million or more in revenue – companies that are the exception, not the norm. This side of the pond, there are early adopters of the CMT, as our research shows, but still widespread debate as to whether it is necessary, can add value and can work efficiently alongside the CMO for the greater good of the business and its customer. Our research shows that UK businesses are catching up with their stateside counterparts. Despite just 14% of the marketers we surveyed saying their business is already taking advantage of a CMT, 70% believe that more companies will begin to recruit for a CMT within the next five years. 35% of respondents feel the role has become so vital, that it will replace the traditional CMO role. What’s more, 31% of the marketers we surveyed said they would like to take this role on themselves. What’s pushing marketers and businesses in this direction besides the obvious technology spiral that businesses and consumers are now irrevocably entwined within? Our results show that the prominence of in-house solutions is compounded by digital marketers’ increasing need to adopt both cost effective and highly accountable strategies and tactics, but to demand high levels of transparency in the face of burning industry issues such as complicated pricing, bot fraud and quality inventory. In response, the role of the marketer has evolved from the guardian of the creative manifestation of a brand to a champion of data driven efficiency. Is the transition from CMO to CMT a recognition of the need for brands to take on a more future-proof mentality? And if it is, where does that leave the CMO? Will developments over the next five years make this role completely redundant? The majority of respondents (53%) in our survey believe that both the CMO and CMT have their place in the marketing structure, with 51% saying they should have joint responsibility over marketing technology. This school of thought argues that both positions have very distinct skill sets, and that a business is far stronger if it utilises both skills sets than if it sacrifices one position for the other. Whichever route you choose to take – hiring a CMT or fortifying the CMO role and marketing division with enhanced technological capabilities – we would not hesitate in stating that one of these two choices must be made. This report provides insight into the technology trajectory marketers face in the coming years as well as the current sentiment around the CMT role and its relationship with CMOs and the marketing department overall. Perhaps in five years’ time we’ll know the answers for sure, but by then it will be too late – proactive moves need to be made now to equip businesses for a tech- focussed future. © DataXu, Inc. All rights reserved. 3 THE NEW MARKETER
  • 4. METHODOLOGY This study was conducted for DataXu by Redshift Research among 250 marketing decision makers in the UK. The interviews were conducted in March 2015 using an email invitation and an online survey. There were also 10 qualitative phone interviews conducted with senior marketers from industries spanning publishing, law, third sector, education, construction and media. The combined study was facilitated by WITH PR. THE NEW MARKETER © DataXu, Inc. All rights reserved. 4 North East South West East Midlands Yorkshire/ Humberside East of England North West South East Greater London 5% 1% 6% 6% 7% 8% 9% 9% 10% 11% 12% 18% West Midlands WalesScotlandNI Region The sample was selected from the Crowdology and Crowdology partner panels which are balanced across regional, age and gender demographic factors, and is nationally representative of the UK population. Each respondent completes 120 profiling questions before being accepted to join our panel. Panel Quality Management is carried out frequently to ensure reliable surveys.
  • 5. 1. THE NEW MARKETER Marketing has undergone a radical digital transformation, which isn’t a seasonal trend, but a fundamental shift in behaviour, and companies need be at the forefront of this to retain their competitive edge. As technology continues to influence the marketing function, a new breed of marketer is being born. This Figure 1 How much of your role involves the use of marketing technology (not including email or social media)? THE NEW MARKETER © DataXu, Inc. All rights reserved. 5 shift demands a new skill set, reflective of how businesses are engaging with and managing technology. But how much of a role does technology play in the day-to -day activities of a marketer? Over a quarter of marketers state that more than 50% of their role involves the use of marketing technology, as highlighted in Figure 1. All aspects of my role involves the use of marketing technology Between 99 and 76% Between 75 and 51% Between 50 and 26% Between 25 and 1% No aspect of my role involves the use of marketing technology 4% 8% 14% 31% 34% 11%
  • 6. THE NEW MARKETER The role technology plays in marketing will remain significant, according to 49% of surveyed marketers and 38% of respondents even see an increase over the next five years, as shown in Figure 2. One respondent, marketing director of an education company, elaborates: “There will be a continued drive towards more online and technological core solutions in terms of the need for personalisation, speed and responses driven by consumer needs that will continue to become greater.” © DataXu, Inc. All rights reserved. 6 Figure 2 Do you expect this percentage to change in the next five years? 38% 49% 8% 6% Yes, I expect my role to depend more on the use of marketing technology Yes, I expect my role to depend less on using marketing technology No, I expect this to stay the same Don’t know/no opinion
  • 7. With such an emphasis on technology, the tools being used by marketers are becoming equally digital-centric. Marketers revealed that the top areas for utilising software platforms were social media, email marketing, CRM and digital advertising. 51% of marketers are using such platforms for social media, 50% for email marketing and 27% use dedicated technology for CRM. Only 25% state that they use technology platforms to manage digital advertising, perhaps indicating that marketers often outsource digital media buying to agencies or other partners. Our research shows that for many marketers, technology is firmly embedded in their roles, but how this is reflected in marketing budgets varies among the respondents. Around a third (28%) say they have a completely separate budget for making marketing technology purchases. With budget allocated solely to the investment of marketing technology, this may suggest these are the businesses who recognise this as a priority. One of the respondents, a sales and marketing director of a bicycle distributor, is representative of forward thinking firms who are committed to utilising technology. Purchasing decisions are made by the marketing team, although many stakeholders are involved. Yet not all marketers have this freedom, certainly not the likes of another marketer, marketing director of an education company, who reveals that their new systems were in fact bought by the technology division. Over half of the respondents (51%) would like to be responsible for marketing technology purchase decisions, saying that CMOs and senior marketers should have budget and purchasing control of marketing technologies. Yet 35% of marketers say they share their tech budget with other departments. Just 8% are committed to implementing a standalone budget for a marketing technology department, highlighting a potentially small group of technologically advanced, ‘early adopter’ businesses. How this will impact their future ability to adopt and integrate technology remains to be seen. THE NEW MARKETER © DataXu, Inc. All rights reserved. 7 51%of marketers are using software platforms for social media. 50%use software platform for email marketing. 27%use dedicated technology for CRM. 25%of marketers use specialist platforms to manage digital advertising. Over half of the respondents (51%) would like to be responsible for marketing technology purchase decisions.
  • 8. THE NEW MARKETER © DataXu, Inc. All rights reserved. 8 2. IN-HOUSE VS MANAGED SERVICE – THE BENEFITS & CHALLENGE For many of the marketers we surveyed, in-house solutions appear to be the most attractive proposition. 38% manage all of their marketing technology in-house, while 18% do so for the majority of it. 41% of respondents say the volume of marketing technology managed internally has increased over the past year. 41% again say this will continue to increase over the next 12 months. The reasons for keeping marketing technology in-house provide key insights as to what is motivating marketers, as outlined in Figure 3. 41% favour in-house because of its cost effectiveness, aligning with the mounting pressure on marketers to deliver greater results year on year with stagnating or shrinking budgets. This is in parallel to the 20% who say controlling the use of marketing technology in-house offers greater accuracy on campaign results, demonstrating how efficiency and ROI are front of mind for many marketers. 16% say it is greater transparency that has them on-side with in-house technology management, as it brings them closer to strategies and tactics used and therefore opens up opportunities for future learnings. Furthermore, transparency relates to pricing, especially during a time where many agencies are under reviews by brands, often in regards to margins that are applied to media management. It is also reflective of emerging but ongoing industry issues such as fraud and viewability that are now influencing marketers’ choice of technology partner. Figure 3 What do you think is the greatest benefit of managing marketing technology in-house? It’s more cost- effective It gives more accurate results on marketing campaigns It offers greater transparency Don’t know/ no opinion It gives advertisers direct access to their own data I do not think managing marketing technology in-house is better - I prefer to work with agencies 41% 20% 16% 11% 9% 3% 1% Other
  • 9. THE NEW MARKETER But keeping everything in-house isn’t without its challenges, as illustrated by the top three concerns of our respondents in Figure 4. The first is finding the time to run the technology, as revealed by 30% of marketers, who perhaps have the perception that buying marketing software means they need to manage it themselves, unaware that an agency or the marketing software provider can run it on their behalf. The second, as stated by 21%, is finding the right staff to manage the technology, underlining the need for digital development within teams and honing in on tech savvy new recruits. In-house solutions might give companies more freedom © DataXu, Inc. All rights reserved. 9 when it comes to implementation and management of the platform, but 19% of marketers feel the cost for purchasing marketing technology is too high. As mentioned earlier, 38% of respondents stated that they manage marketing technology in-house. On the other hand and perhaps because of the above reasons, 21% of firms choose external partners to manage the majority of their marketing technology. 18%, meanwhile, use a combination of internal and external technology management. One of our marketers, head of marketing of a publishing group, explains some of the challenges of managing technology, suggesting there is clear value an external partner can add: “There are so many technological options, and the audience is fragmenting and doing so many different things on different screens. There are a lot of challenges from that point of view. You do need to be a master of all of them to understand what is the best way of engaging with your audience.” Our marketers indicate that reviews of the technology platforms they use are undertaken regularly. 30% prefer annual reviews, 20% review once a quarter and 16% choose a lengthier biannual timescale. Figure 4 What do you think is the biggest challenge of managing marketing technology in-house? Finding the time to manage this technology Finding the right staff to manage this technology The cost of buying this technology or software Training existing staff members on new technology Don’t know/no opinion I do not think there are any challenges of managing marketing technology in-house 30% 21% 19% 13% 11% 8%
  • 10. THE NEW MARKETER © DataXu, Inc. All rights reserved. 10 3. CLOSING THE SKILLS AND KNOWLEDGE GAP The in-house versus external discussion continues when considering staff training. Given the rapid pace of technology progression, as well as the multitude of platforms any one company might operate, keeping staff well trained is key to optimising performance. Training run by industry bodies and internal teams has a role to play, at least for 19% of the marketers we surveyed. The most popular option though, as indicated by 30%, is training provided by technology partners. This underlines how technology vendors can be elevated from the position of provider to consultant or partner by offering strategic guidance to help marketers and their teams get the most out of the platform. Yet our results, seen in full in Figure 5, show there are gaps to fill – 25% say they attempt to learn about new technology on their own while 16% don’t receive any training at all. Clearly there are a range of opportunities for marketers to become even more knowledgeable by taking advantage of what their technology partner can offer and working closely with them to shape a bespoke programme that meets the needs of their team and overall strategy. For technology partners, this offers the chance to build closer client relationships ahead of their competitors and further strengthen the value their offering provides. Of the marketers that had received training, the majority were positive, with 37% saying it was somewhat effective and another 20% saying it was very effective. 15% felt training was not effective. These numbers not only highlight how marketers should be looking to get more out of their technology partners when it comes to education and advice, but how the industry overall could do more to increase the quality and accessibility of training. How do you receive training and information about new marketing technology in your organisation? Dedicated training sessions run by the technology provider or vendor I primarily understand new marketing technology on my own Dedicated training sessions or workshops run by industry bodies We don’t receive any training Dedicated training sessions run by someone in the organisation Whitepapers or training documents/videos from someone in the organisation We don’t use any marketing technology Other 30% 25% 19% 19% 16% 10% 9% 9% 1% Whitepapers or training documents/ videos from the technology provider
  • 11. THE NEW MARKETER © DataXu, Inc. All rights reserved. 11 4. FROM CMO TO CMT - THE FUTURE OF THE MARKETER A notable impact of technology on the role of the marketer is sparking the debate around whether a chief marketing officer is now morphing into a chief marketing technologist. There is evidence for and against this, as highlighted by our respondents. An overwhelming 70% feel that over the next five years, more companies will begin hiring CMTs and tech-focused marketers in general. 53% say most organisations should employ both a CMO and CMT, or tech-focussed senior marketer. 35% believe CMTs are so vital to the future of business that they will replace the traditional CMO role. See Figure 6. Figure 6 Do you agree with the following statements? % of those who “agree” or “strongly agree” I believe more companies will begin hiring CMTs/tech- focused marketers in the next five years I think most organisations should have both a CMO and a CMT/tech focused marketer I think CMOs and CMTs are needed in companies and they should be jointly responsible for marketing technology I think CMOs should have control of the marketing techology in their organisation I think organisations don’t need to create new positions e.g. hire CMTs to deal with the abundance of data and new technology If CMTs/tech-focused marketers were to replace CMOs, organisations would benefit from the added insight I think CMTs will replace CMOs as heads of marketing I think the trend of companies hiring CMTs/tech-focused marketers will diminish in the next five years 70% 53% 51% 51% 41% 35% 35% 26%
  • 12. THE NEW MARKETER © DataXu, Inc. All rights reserved. 12 A question around the current composition of marketing teams revealed that 14% of our respondents appear to be early adopters and already have a CMT in place. A further 8% stated that they already operate in a CMT-like role (see Figure 7). One respondent, co-owner of a media agency, feels the CMT role is “an absolute necessity”: “If you are being bombarded by technology you need someone in place that fully understands how each type of technology works and why each one is the best for their need. More importantly, the CMTs are the ones forcing agencies to re-evaluate their technology offering, so they aren’t being ripped off.” Another marketer comments: “I think [the CMT role] is a current need, definitely. The speed of change requires us to have somebody fulfilling that role now. The pace of change is incredibly scary and that person needs to keep up to date and keep their finger on the pulse. You need a CMT there who understands technology […], maximising the return for your investment there and then.” Marketers not only see the importance of the CMT role, but 31% are invested enough in it to say that they hope to become a CMT in the future (see Figure 7). A senior marketing manager for a law firm said: “The CMO will morph into the CMT. That’s just going to be the direction of travel rather than creating a completely separate new role. The role will always be looking to source a solution that will fit – not just for now, but for the next 2, 3, 5 years. And the pace at which technology moves is very rapid, so that is becoming more and more difficult.” Yet not all marketers are united in their views. 37% of respondents believe that the traditional marketing role will become redundant in favour of a more technology- focussed role, while 39% disagree with this. There are those who are not convinced about the validity of the CMT role. As shown in Figure 6, just over a quarter (26%) of marketers believe that the hiring of CMTs and tech-focused marketers will not be a continuing trend. This is echoed by another 48% who say they would not wish to become a CMT. Figure 7 Do you aspire to become a CMT or another similar role in charge of marketing technology? 31% 48% 14% 8% Yes No Don’t know I already operate in a CMT role
  • 13. THE NEW MARKETER © DataXu, Inc. All rights reserved. 13 41% say there is no need to hire a CMT or create a new position to deal with marketing technology. One of our marketers agrees: “We have an IT Director and regarding marketing, we take his advice on anything we want to look at from a technology point of view. I can’t see us employing a dedicated marketing technologist. I see the colleague we have in IT rising in the ranks.” Another marketer concurs: “The interrelationship between marketing and technology, marketing and HR, marketing and finance are getting more complex and closer, so if you have a CMT you’d need a CMF or a CMHR. Where do you draw the line?” Potential duplication aside, three of the marketers interviewed feel that the CMT role is only viable in a bigger organisation, with the budgets, resources and scale to support the role. Some 53% believe CMOs and CMT should be working in tandem, as one marketer articulates: “I think that you have to have both sets of knowledge; you can’t really have one without the other.” Another of our marketers theorises that CMOs and CTOs would affect a business positively both in structure and future performance, but questions how this would work in practice: “It would be very difficult for the two roles to exist side by side. I think that the CMT role would probably report to a CMO. It would be a very senior marketing position, but I don’t know if it would actually get to that level, certainly in the medium term. I guess my question would be whether I’d want to go in two different directions with two different people. You’d want them to be working cohesively.” For the role to work, cohesion is of course key, as another marketer iterates: “You’d have to get the shared vision so right, and you’d have to get the alignment of goals. It’s whether or not it’s at that CMT level, or is it the next level down but still reporting to the CMO? That’s the issue.” Logistics aside, 49% agree that both a CMO and CMT should sit at board level, suggesting that marketing and technology should not just be siloed domains, but have an increasingly important impact on a business overall. “If you have a CMT you’d need a CMF or a CMHR. Where do you draw the line?” agree that both a CMO and CMT should sit at board level, highlighting their increasing overall importance. 49%
  • 14. THE NEW MARKETER © DataXu, Inc. All rights reserved. 14 WHERE TO FROM HERE? The era of ‘Big Data’ has definitely arrived, and a data- driven way of working is becoming par for the course for many marketers and businesses. Marketers have now become au fait with leveraging data from all kinds of channels, be it customer purchasing history, CRM databases, or market research, to inform tactical brand decisions. They now have more power at their fingertips in the form of data and tools than ever before, but with this comes the responsibility of knowing how to use it to shape not just their brand strategy for the better, but that of their business. The question that arises is, whether the traditional marketing role is fit to cope with the influx of data and the technology needed to make it meaningful and impactful. Even if industry views are divided over whether the traditional CMO role will become redundant, the majority of the marketers we surveyed for this report certainly believe that technology’s influence on their jobs will manifest itself in even more profound ways in the not so distant future. This is not to say that the traditional creative remit of marketing should take a back seat to data, despite 35% of respondents feeling that the CMT will replace the traditional CMO role. Data-driven marketing enables those in creative roles to do their best work by allowing them to focus on the details and nuances that will make their campaigns stand out. The effective whole of both left-brained and right-brained talent collaborating together effectively will be far greater than the sum of their respective parts. While the CMT role may not be the perfect solution for every business right now, our research indicates that it will certainly become a pre-eminent one in the next five years, thanks to the unprecedented demand for a new data-savvy marketer. This is a conundrum that technology alone can’t solve, but rather, needs a mix of tools and talent to shape the future of marketing. The ability to accurately translate data into insights and action requires input from individuals with a unique blend of industry expertise and analytic prowess – this is where the CMT will find their sweet spot, and earn their place in the leadership team.
  • 15. Data. Insight. Action. ® Data. Insight. Action. ® CONTACT US REQUEST A DEMO ABOUT DATAXU DataXu’s Programmatic Marketing software enables marketers to better understand and engage customers across all available media formats, devices, channels, and buying modes. Powered by its patented Active Analytics® technology, DataXu’s #1 rated platform leverages big data science and analytics to drive better ROI. With fifteen offices in eleven countries, DataXu’s petabyte scale marketing cloud is powering the digital transformation of the world’s most valuable brands. For more information, visit www.dataxu.com. CONTACT Berit Block, Marketing Director Europe bblock@dataxu.com | +44 20 7636 8010 © DataXu, Inc. All rights reserved. Created in cooperation with Redshift and With PR