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Getting Your Marketing Strategy Right

                                            themselves in their customers’ shoes.       requires the breakdown of many truisms
                                            The problem is that most CMOs are not       that marketing has lived by.
                                            actually consumers of the products they     Organisations are trying to transform
                                            are marketing, so that is quite a           from product-led to customer-led, but
                                            dangerous thing to do.                      that transition is enormously difficult as
                                                                                        organisations are built around products.
                                            CMOs need to look at how their              All their systems are product systems
                                            organisation is interacting with its        and the reporting is product reporting.
                                            customers. Marketing is not just about      Only start-ups are able to do this easily,
                                            TV ads anymore, but about creating          as they do not start with a product
                                            conversations, engaging with customers      legacy. They start with the customer at
                                            and taking care of the customer             the centre of their universe, but that is
                                            experience. What experience does            not so easy for other organisations.
Interview   with:    Regan     Yan,         someone have when he walks into your
Managing Director, Digital Alchemy          store or visits your website?

                                            The millions of dollars that marketing
“Many organisations today lack a clear      puts into different media can very
marketing strategy,” says Regan Yan,        quickly be destroyed by a series of bad


                                                                                                   CMOs
Managing Director, Digital Alchemy.         customer experiences. Marketers have
“We often see a collection of tactical      to start listening to their customers and
responses, people running around            looking at the processes that one has to
building capabilities, campaigns and        go through, to buy, use or upgrade their
marketing collateral, all in isolation of   products.
any strategy,” he adds.

From a sponsor company attending the
                                            Many of our clients are rebuilding their
                                            organisation around customer-facing
                                                                                                need to
marcus evans CMO Asia Summit                processes, looking at them from the


                                                                                            get ready
2013, in Macao, China, 27 - 29 May,         customers’ perspective. That is a good
Yan puts the spotlight on what Chief        start for a marketer. They must also
Marketing Officers (CMOs) need to           think how customers engage with the
focus on today.                             organisation through all the different
                                            channels.
How could marketing strategies be
better integrated?                          Instead of very broad-based marketing
                                            campaigns, CMOs have to focus on how
                                                                                                 for the
The biggest issue today is the lack of      they can drive very specific outcomes.


                                                                                                change
marketing strategy and not how
strategies are integrated. Very few         Any final words of advice?
organisations have a comprehensive
customised strategy that considers          CMOs need to get ready for the change.
customer objectives, what actions they      Most people think of the change in
intend to take and what capabilities they   terms of technology and the different
need to build to achieve those goals.       social media channels that are now
The strategy piece itself is often          available, but this is more than that.
missing.                                    The biggest challenge is the challenge of
                                            change from within. How does one
How can CMOs better engage and              create a marketing organisation that
understand consumers?                       knows how to engage with customers
                                            and manage conversations? The entire
The mistake CMOs tend to make is to         organisation needs to change, which
see their customers’ preferences based      takes years.
on their own. They think of what
products they would want to buy and         Marketing can put the systems and
what features they want, putting            processes in place, but this change
About the CMO Asia Summit 2013
  The      Marketing     Network         –
  marcus evans Summits group                  This unique forum will take place at The Venetian Macao-Resort-Hotel, Macao,
  delivers peer-to-peer information           China, 27 - 29 May 2013. Offering much more than any conference, exhibition or
  on strategic matters, professional          trade show, this exclusive meeting will bring together esteemed marketing
  trends       and      breakthrough          professionals and solution providers to a highly focused and interactive networking
  innovations.                                event.


                                              www.cmoasiasummit.com




  Please note that the Summit is a                 Contact
  closed     business   event     and   the
  number      of   participants    strictly        Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus           evans, Summits
  limited.                                         Division

                                                   Tel:       + 357 22 849 313
                                                   Email:     press@marcusevanscy.com

                                                   For more information please send an email to info@marcusevanscy.com

                                                   All rights reserved. The above content may be republished or reproduced. Kindly
                                                   inform us by sending an email to press@marcusevanscy.com




About Digital Alchemy

Digital Alchemy is Asia Pacific’s leading Database Marketing Service Provider. We help organisations create a positive customer
experience and achieve customer centric marketing by utilising technological solutions to optimise the use of customer data. This
proven transformation process integrates our expertise in the development of innovative customer strategies, analytics, campaign
automation, database design and development, and blends these capabilities with the business-specific knowledge of our clients.


For more information, please visit: www.digitalalchemy.asia


About marcus evans Summits

marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings.


For more information, please visit: www.marcusevans.com


Upcoming Events

CMO Summit (Australia) - www.cmoanzsummit.com


CMO Japan Summit - www.cmojapansummit.com



To view the web version of this interview, please click here: www.cmoasiasummit.com/ReganYan

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Getting Your Marketing Strategy Right: Interview with: Regan Yan, Managing Director, Digital Alchemy

  • 1. Getting Your Marketing Strategy Right themselves in their customers’ shoes. requires the breakdown of many truisms The problem is that most CMOs are not that marketing has lived by. actually consumers of the products they Organisations are trying to transform are marketing, so that is quite a from product-led to customer-led, but dangerous thing to do. that transition is enormously difficult as organisations are built around products. CMOs need to look at how their All their systems are product systems organisation is interacting with its and the reporting is product reporting. customers. Marketing is not just about Only start-ups are able to do this easily, TV ads anymore, but about creating as they do not start with a product conversations, engaging with customers legacy. They start with the customer at and taking care of the customer the centre of their universe, but that is experience. What experience does not so easy for other organisations. Interview with: Regan Yan, someone have when he walks into your Managing Director, Digital Alchemy store or visits your website? The millions of dollars that marketing “Many organisations today lack a clear puts into different media can very marketing strategy,” says Regan Yan, quickly be destroyed by a series of bad CMOs Managing Director, Digital Alchemy. customer experiences. Marketers have “We often see a collection of tactical to start listening to their customers and responses, people running around looking at the processes that one has to building capabilities, campaigns and go through, to buy, use or upgrade their marketing collateral, all in isolation of products. any strategy,” he adds. From a sponsor company attending the Many of our clients are rebuilding their organisation around customer-facing need to marcus evans CMO Asia Summit processes, looking at them from the get ready 2013, in Macao, China, 27 - 29 May, customers’ perspective. That is a good Yan puts the spotlight on what Chief start for a marketer. They must also Marketing Officers (CMOs) need to think how customers engage with the focus on today. organisation through all the different channels. How could marketing strategies be better integrated? Instead of very broad-based marketing campaigns, CMOs have to focus on how for the The biggest issue today is the lack of they can drive very specific outcomes. change marketing strategy and not how strategies are integrated. Very few Any final words of advice? organisations have a comprehensive customised strategy that considers CMOs need to get ready for the change. customer objectives, what actions they Most people think of the change in intend to take and what capabilities they terms of technology and the different need to build to achieve those goals. social media channels that are now The strategy piece itself is often available, but this is more than that. missing. The biggest challenge is the challenge of change from within. How does one How can CMOs better engage and create a marketing organisation that understand consumers? knows how to engage with customers and manage conversations? The entire The mistake CMOs tend to make is to organisation needs to change, which see their customers’ preferences based takes years. on their own. They think of what products they would want to buy and Marketing can put the systems and what features they want, putting processes in place, but this change
  • 2. About the CMO Asia Summit 2013 The Marketing Network – marcus evans Summits group This unique forum will take place at The Venetian Macao-Resort-Hotel, Macao, delivers peer-to-peer information China, 27 - 29 May 2013. Offering much more than any conference, exhibition or on strategic matters, professional trade show, this exclusive meeting will bring together esteemed marketing trends and breakthrough professionals and solution providers to a highly focused and interactive networking innovations. event. www.cmoasiasummit.com Please note that the Summit is a Contact closed business event and the number of participants strictly Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits limited. Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About Digital Alchemy Digital Alchemy is Asia Pacific’s leading Database Marketing Service Provider. We help organisations create a positive customer experience and achieve customer centric marketing by utilising technological solutions to optimise the use of customer data. This proven transformation process integrates our expertise in the development of innovative customer strategies, analytics, campaign automation, database design and development, and blends these capabilities with the business-specific knowledge of our clients. For more information, please visit: www.digitalalchemy.asia About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-to-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events CMO Summit (Australia) - www.cmoanzsummit.com CMO Japan Summit - www.cmojapansummit.com To view the web version of this interview, please click here: www.cmoasiasummit.com/ReganYan