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9	
  ½	
  $ps	
  to	
  ROMI+	
  
How	
  will	
  Portuguese	
  CMO’s	
  earn	
  the	
  
respect	
  and	
  admira:on	
  they	
  deserve?	
  
Michael Leander, Markedu Lda.
markedu.pt	
  /	
  @markedu	
  /	
  @michaelleander	
  	
  
“By 2020 customer
experience is expected to
surpass product and pricing
as the key business
differentiator”	
  
	
  
	
  
Source:	
  Forbes	
  Insights	
  “Customers	
  for	
  Life”	
  	
  
	
  in	
  associa@on	
  with	
  Sitecore	
  
Nudge to change people’s behavior
and turn intentions into actions –
add to the experience
Foundational elements
need “Fix’ing”
if CMO’s are to meet &
exceed expectations
Tip	
  #	
  1	
  sponsored	
  by	
  my	
  mother	
  
	
  Respect your
audience and pay
attention to their
ever changing
needs
Don’t bluff
Be transparent
Be(come) easy
to do business
wth in near real
time & keep
your promises
Who is Michael Leander?
ü  As	
  CEO,	
  CMO	
  have	
  made	
  
marke$ng	
  mistakes	
  consistently	
  
for	
  20+	
  years	
  …	
  
…	
  and	
  learned	
  from	
  most	
  of	
  them	
  
ü  Speaker	
  in	
  40+	
  countries	
  	
  
ü  Judged	
  marke$ng	
  awards	
  in	
  15	
  
countries	
  …	
  
…	
  great	
  source	
  of	
  inspira@on	
  for	
  
learning	
  how	
  marketers	
  think	
  &	
  act	
  
ü  Board	
  member.	
  Consultant,	
  
trainer,	
  speaker,	
  father	
  of	
  many,	
  
husband	
  to	
  one	
  
ü  Founded	
  Markedu	
  and	
  therefore	
  
consistently	
  exposed	
  to	
  mistakes	
  
&	
  solu$ons	
  
You	
  can	
  win	
  this	
  today	
  !	
  	
  
But	
  wait	
  –	
  there’s	
  more	
  
 Or	
  you	
  can	
  win	
  1	
  $cket	
  for	
  the	
  	
  
Mobile	
  Marke$ng	
  Masterclass	
  on	
  20	
  May	
  
2	
  winners	
  will	
  be	
  randomly	
  selected	
  
from	
  all	
  entries	
  	
  
1.  Take	
  a	
  (fun)	
  selfie,	
  write	
  a	
  smart	
  comment,	
  post	
  a	
  
cool	
  video-­‐snippet	
  or	
  quote	
  a	
  quote	
  
2.  Post	
  on	
  TwiDer,	
  Facebook,	
  YouTube,	
  Instagram	
  or	
  
Google+	
  
3.  MenNon	
  #Markedu	
  or	
  #SND15	
  or	
  @Markedu	
  or	
  
@Michaelleander	
  or	
  @Appm_PT	
  
4.  You	
  are	
  welcome	
  to	
  Facebook	
  on	
  APPM’s	
  and/or	
  
Markedu’s	
  Facebook	
  pages	
  too	
  
Winner	
  will	
  be	
  announced	
  today	
  immediately	
  aSer	
  the	
  
last	
  session	
  	
  
Tip	
  #	
  ½	
  	
  
Stop the
embarrassing focus
on quantities. Start
obsessing about
quality.
Don’t	
  count	
  the	
  customers	
  	
  you	
  
reach	
  –	
  Reach	
  those	
  who	
  count	
  
@michaelleander	
  
Tip	
  #	
  2	
  –	
  sponsored	
  by	
  Edward	
  
Create a culture of
experimentation.
Understand that
failure is a big part of
your success.
Failing is not a problem. As
long as your organization
learn from each failure
Constant experimentation
helps innovation evolve.
Reserve 10-15% of budget &
time for experimentation
and testing
Experiments can lead to
unexpected positive results
Explore	
  different	
  ways	
  
A $ 100 dollar experiment
created massive success
Get	
  3	
  more	
  $ps	
  along	
  with	
  the	
  
full	
  story	
  in	
  PDF	
  format	
  directly	
  
to	
  your	
  email.	
  	
  
Email: michael@leander.me
Tip	
  #	
  3	
  –	
  sponsored	
  by	
  Valeria	
  
Big ideas. Big ideals.
Take your CMO vanity
somewhere else
Think process and culture!
Divorce “We should do this” ! Get a “Let’s do this” culture
Brilliant	
  ideas	
  are	
  1	
  in	
  1.000	
  and	
  (very)	
  
expensive	
  to	
  generate.	
  	
  
Execu$on	
  is	
  bread	
  and	
  bu[er	
  for	
  CMO’s!	
  
Choose	
  strong	
  execu$on	
  over	
  brilliant	
  ideas	
  	
  
VOTE	
  FOR	
  	
  
Stories	
  that	
  last	
  and	
  
campaign	
  longevity	
  
Tip	
  #	
  4	
  –	
  sponsored	
  by	
  SQL	
  
There is more to
marketing than art!
Embracing science &
technology won’t kill
you !
Most effective marketing channels
ignored by Portugal CMO’s !
•  SEO	
  
•  Email	
  markeNng	
  
•  3	
  
•  4	
  
•  5	
  
Tip	
  #	
  5	
  –	
  Sponsored	
  by	
  Anastasia	
  
Mobility is not next
year’s budget. It is
happening now !
Being responsive is merely your
entry ticket. What matters is
the experience you deliver.
Me time
accounts for
46% of time
spent on
mobile
Shopping
12%
Socializing
19%
Tip	
  #	
  6	
  –	
  sponsored	
  by	
  my	
  wife	
  
Learn how to count!
Cheap is expensive
and expensive is
cheap
Common	
  
misconcep$ons	
  in	
  
marke$ng	
  
Email	
  is	
  
CHEAP	
  
Direct	
  mail	
  is	
  
EXPENSIVE	
  
Cost	
  per	
  order	
  €	
  78	
  
Cost	
  per	
  order	
  €	
  98	
  
Smaller	
  apparent	
  risk	
  
Higher	
  apparent	
  risk	
  
Be obsessed
about your key
marketing
numbers
Cost	
  per	
  order	
  
Cost	
  per	
  new	
  customer	
  
Cost	
  per	
  lead	
  
Cost	
  per	
  acNon	
  …	
  
8	
  out	
  of	
  10	
  CMO’s	
  don’t	
  know	
  their	
  CPL	
  $	
  	
  	
  
Tip	
  #	
  7	
  –	
  sponsored	
  by	
  Winnie,	
  my	
  sister	
  
Content means
nothing if it ain’t
relevant in context !
What	
  really	
  decides	
  
consumers	
  to	
  buy	
  or	
  not	
  to	
  
buy	
  is	
  the	
  content	
  of	
  your	
  
adver:sing,	
  not	
  its	
  form.	
  
David	
  Ogilvy	
  	
  
The	
  Power	
  of	
  Paper	
  
Mul@-­‐channel	
  really	
  is	
  mul@-­‐channel.	
  Across	
  the	
  board	
  25%	
  of	
  	
  
consumers	
  prefer	
  paper	
  over	
  digital	
  in	
  cri@cal	
  stages	
  of	
  the	
  
buying	
  cycle	
  	
  
3 big C’s:
Context, Connectivity, Content
CONNECTIVITY
Desktop
 Phone
 Tablet
 TV
CONTEXT
 CONTENT
Watching Monday night football and has
his phone
Awareness TV Spot and Twitter
Sponsored Tweet Ad
As a high LTV prospect, loaded into Fb
custom audience list
Awareness messaging via Fb newsfeed
DR remarketing mobile display ad with
customized offer for Term Life
Life Insurance Key Word Re-Marketing
Pool
Visits site 2 days later on his iPad,
recognized as same user
Customized, responsive offer landing
page: Online quote
Searches for branded generic keyword;
Attitudinal Segment A
 YouTube video on how to buy Life Insurance
High-LTV, incomplete quoter re-marketing
pool
 Personalized offer email
Personalized site landing page with offer
Segment A
Perhaps	
  content	
  isn’t	
  King	
  aSer	
  all?	
  Perhaps	
  context	
  is	
  !	
  
Tip	
  #	
  8	
  –	
  sponsored	
  by	
  my	
  father	
  
Engagement is not a
fad. Nor is relevance.
Getting and keeping anyone’s
attention is difficult these days. 	
  
	
  
	
  
	
  
	
  
Buyers	
  have	
  an	
  abundance	
  of	
  choices	
  
You	
  need	
  to	
  “nudge”	
  consistently	
  to	
  
earn	
  the	
  desired	
  behavior.	
  	
  
And	
  occasionally	
  push	
  hard.	
  	
  
No more sex on
the first date ! 	
  
	
  
On	
  average	
  buyers	
  engage	
  with	
  
more	
  than	
  11	
  pieces	
  of	
  content	
  
before	
  making	
  a	
  purchase	
  
decision	
  
Meet	
  the	
  new	
  AIDA	
  
A	
  =	
  ADenNon	
  (Awareness)	
  
I	
  =	
  Interest	
  
D	
  =	
  Desire	
  
E	
  =	
  Engagement	
  	
  
A	
  =	
  AcNon	
  
Engage	
  me	
  
Many	
  
interacNons	
  
to	
  convince	
  &	
  
convert	
  
A	
  =	
  ADenNon	
  (Awareness)	
  
I	
  =	
  Interest	
  
D	
  =	
  Desire	
  
E	
  =	
  Engagement	
  	
  
A	
  =	
  AcNon	
  
Personalized	
  
dialogue	
  
Eyeballs	
  
Engage	
  
$	
  	
  
Engage	
  
Nurture	
  
Re-­‐
acNvate	
  
AIDEA is the new black!
Tip	
  #	
  9	
  –	
  sponsored	
  by	
  reality	
  check	
  
The immediate value
of social media is in
the share.
Like not like.
AID+LIRA	
  Attention > Interest > Desire + Like – Interaction – Recommendation - Action
Engagement	
  
Share	
  is	
  good	
  
ac:on	
  counts	
  
Like	
  is	
  NOT	
  a	
  currency,	
  engagements	
  conver@ng	
  to	
  ac@ons	
  are	
  @michaelleander	
  #appmpt	
  
CMO’s	
  need	
  to	
  own	
  the	
  experience	
  across	
  all	
  channels	
  	
  
#SND15	
  @michaelleander	
  @markedu	
  
Speak	
  to	
  customers	
  and	
  prospects	
  in	
  
their	
  language	
  addressing	
  the	
  
problems,	
  concerns	
  and	
  aspira:ons	
  of	
  
individuals,	
  not	
  segments	
  
Cross	
  channel	
  personaliza:on	
  and	
  customiza:on	
  
	
  is	
  the	
  need	
  of	
  the	
  hour.	
  Will	
  CMO’s	
  in	
  Portugal	
  succeed?
Obrigado	
  	
  
Talk	
  to	
  me	
  michael@leander.me	
  	
  

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What CEO's want from CMO's - Michael Leander keynote at Semana Nacional de Marketing XVI 2015 in Lisboa

  • 1. 9  ½  $ps  to  ROMI+   How  will  Portuguese  CMO’s  earn  the   respect  and  admira:on  they  deserve?   Michael Leander, Markedu Lda. markedu.pt  /  @markedu  /  @michaelleander    
  • 2. “By 2020 customer experience is expected to surpass product and pricing as the key business differentiator”       Source:  Forbes  Insights  “Customers  for  Life”      in  associa@on  with  Sitecore  
  • 3.
  • 4. Nudge to change people’s behavior and turn intentions into actions – add to the experience
  • 5. Foundational elements need “Fix’ing” if CMO’s are to meet & exceed expectations
  • 6. Tip  #  1  sponsored  by  my  mother    Respect your audience and pay attention to their ever changing needs
  • 7.
  • 8.
  • 9. Don’t bluff Be transparent Be(come) easy to do business wth in near real time & keep your promises
  • 10. Who is Michael Leander? ü  As  CEO,  CMO  have  made   marke$ng  mistakes  consistently   for  20+  years  …   …  and  learned  from  most  of  them   ü  Speaker  in  40+  countries     ü  Judged  marke$ng  awards  in  15   countries  …   …  great  source  of  inspira@on  for   learning  how  marketers  think  &  act   ü  Board  member.  Consultant,   trainer,  speaker,  father  of  many,   husband  to  one   ü  Founded  Markedu  and  therefore   consistently  exposed  to  mistakes   &  solu$ons  
  • 11. You  can  win  this  today  !    
  • 12. But  wait  –  there’s  more  
  • 13.  Or  you  can  win  1  $cket  for  the     Mobile  Marke$ng  Masterclass  on  20  May  
  • 14. 2  winners  will  be  randomly  selected   from  all  entries     1.  Take  a  (fun)  selfie,  write  a  smart  comment,  post  a   cool  video-­‐snippet  or  quote  a  quote   2.  Post  on  TwiDer,  Facebook,  YouTube,  Instagram  or   Google+   3.  MenNon  #Markedu  or  #SND15  or  @Markedu  or   @Michaelleander  or  @Appm_PT   4.  You  are  welcome  to  Facebook  on  APPM’s  and/or   Markedu’s  Facebook  pages  too   Winner  will  be  announced  today  immediately  aSer  the   last  session    
  • 15. Tip  #  ½     Stop the embarrassing focus on quantities. Start obsessing about quality.
  • 16. Don’t  count  the  customers    you   reach  –  Reach  those  who  count   @michaelleander  
  • 17. Tip  #  2  –  sponsored  by  Edward   Create a culture of experimentation. Understand that failure is a big part of your success.
  • 18. Failing is not a problem. As long as your organization learn from each failure
  • 19. Constant experimentation helps innovation evolve. Reserve 10-15% of budget & time for experimentation and testing Experiments can lead to unexpected positive results
  • 21. A $ 100 dollar experiment created massive success
  • 22. Get  3  more  $ps  along  with  the   full  story  in  PDF  format  directly   to  your  email.     Email: michael@leander.me
  • 23. Tip  #  3  –  sponsored  by  Valeria   Big ideas. Big ideals. Take your CMO vanity somewhere else
  • 24. Think process and culture! Divorce “We should do this” ! Get a “Let’s do this” culture
  • 25. Brilliant  ideas  are  1  in  1.000  and  (very)   expensive  to  generate.     Execu$on  is  bread  and  bu[er  for  CMO’s!   Choose  strong  execu$on  over  brilliant  ideas    
  • 26. VOTE  FOR     Stories  that  last  and   campaign  longevity  
  • 27. Tip  #  4  –  sponsored  by  SQL   There is more to marketing than art! Embracing science & technology won’t kill you !
  • 28.
  • 29.
  • 30.
  • 31. Most effective marketing channels ignored by Portugal CMO’s ! •  SEO   •  Email  markeNng   •  3   •  4   •  5  
  • 32. Tip  #  5  –  Sponsored  by  Anastasia   Mobility is not next year’s budget. It is happening now !
  • 33. Being responsive is merely your entry ticket. What matters is the experience you deliver.
  • 34. Me time accounts for 46% of time spent on mobile Shopping 12% Socializing 19%
  • 35. Tip  #  6  –  sponsored  by  my  wife   Learn how to count! Cheap is expensive and expensive is cheap
  • 36. Common   misconcep$ons  in   marke$ng   Email  is   CHEAP   Direct  mail  is   EXPENSIVE  
  • 37. Cost  per  order  €  78   Cost  per  order  €  98   Smaller  apparent  risk   Higher  apparent  risk  
  • 38. Be obsessed about your key marketing numbers Cost  per  order   Cost  per  new  customer   Cost  per  lead   Cost  per  acNon  …   8  out  of  10  CMO’s  don’t  know  their  CPL  $      
  • 39. Tip  #  7  –  sponsored  by  Winnie,  my  sister   Content means nothing if it ain’t relevant in context !
  • 40. What  really  decides   consumers  to  buy  or  not  to   buy  is  the  content  of  your   adver:sing,  not  its  form.   David  Ogilvy    
  • 41. The  Power  of  Paper   Mul@-­‐channel  really  is  mul@-­‐channel.  Across  the  board  25%  of     consumers  prefer  paper  over  digital  in  cri@cal  stages  of  the   buying  cycle    
  • 42. 3 big C’s: Context, Connectivity, Content CONNECTIVITY Desktop Phone Tablet TV CONTEXT CONTENT Watching Monday night football and has his phone Awareness TV Spot and Twitter Sponsored Tweet Ad As a high LTV prospect, loaded into Fb custom audience list Awareness messaging via Fb newsfeed DR remarketing mobile display ad with customized offer for Term Life Life Insurance Key Word Re-Marketing Pool Visits site 2 days later on his iPad, recognized as same user Customized, responsive offer landing page: Online quote Searches for branded generic keyword; Attitudinal Segment A YouTube video on how to buy Life Insurance High-LTV, incomplete quoter re-marketing pool Personalized offer email Personalized site landing page with offer Segment A Perhaps  content  isn’t  King  aSer  all?  Perhaps  context  is  !  
  • 43. Tip  #  8  –  sponsored  by  my  father   Engagement is not a fad. Nor is relevance.
  • 44.
  • 45. Getting and keeping anyone’s attention is difficult these days.           Buyers  have  an  abundance  of  choices   You  need  to  “nudge”  consistently  to   earn  the  desired  behavior.     And  occasionally  push  hard.    
  • 46. No more sex on the first date !     On  average  buyers  engage  with   more  than  11  pieces  of  content   before  making  a  purchase   decision  
  • 47. Meet  the  new  AIDA   A  =  ADenNon  (Awareness)   I  =  Interest   D  =  Desire   E  =  Engagement     A  =  AcNon   Engage  me   Many   interacNons   to  convince  &   convert  
  • 48. A  =  ADenNon  (Awareness)   I  =  Interest   D  =  Desire   E  =  Engagement     A  =  AcNon   Personalized   dialogue   Eyeballs   Engage   $     Engage   Nurture   Re-­‐ acNvate   AIDEA is the new black!
  • 49. Tip  #  9  –  sponsored  by  reality  check   The immediate value of social media is in the share. Like not like.
  • 50.
  • 51. AID+LIRA  Attention > Interest > Desire + Like – Interaction – Recommendation - Action Engagement   Share  is  good   ac:on  counts   Like  is  NOT  a  currency,  engagements  conver@ng  to  ac@ons  are  @michaelleander  #appmpt  
  • 52.
  • 53. CMO’s  need  to  own  the  experience  across  all  channels     #SND15  @michaelleander  @markedu  
  • 54. Speak  to  customers  and  prospects  in   their  language  addressing  the   problems,  concerns  and  aspira:ons  of   individuals,  not  segments   Cross  channel  personaliza:on  and  customiza:on    is  the  need  of  the  hour.  Will  CMO’s  in  Portugal  succeed?
  • 55. Obrigado     Talk  to  me  michael@leander.me