Monday's Musings: The Four Personas Of The Modern CMO In A Digital World
Marketers Face Massive Challenges In Making The Digital Shift
In interviews with over 100 digitally focused, modern CMO's, Constellation identified shared common challenges in the transformation of their roles. More importantly, with the support of new digital business models, an emerging set of challenges highlight the need to move beyond the classic 4P's. The top 20 modern marketing challenges (not in order of importance) include:
- Delivering on a creative to commerce vision
- Improving marketing automation and optimization
- Adjusting to fragmentation of channels, segments, and trends
- Investing in audience development
- Targeting with precision and less false positives
- Dealing with data driven approaches
- Building for intention driven design in customer experience
- Developing in-house ad networks and programmatic strategies
- Mastering data and data management platforms
- Re positioning the corporate brand for a digital world
- Empowering communities and audience development
- Attracting and retaining the right skill sets for digital marketing transformation
- Identifying new agency and consulting partners to augment efforts
- Improving internal employee engagement
- Building a culture of behind the brand promise
- Creating a P2P model
- Aligning marketing strategy with marketing technology
- Proving ROI
- Crafting compelling contextually relevant content
- Getting ahead of the latest disruptive technologies
Modern Marketers Address Four Distinct Personas
As the head marketing role evolves, Constellation identifies archetypes of the modern CMO. Using an approach that considers marketing strategy versus marketing execution and audience development versus audience acquisition, four distinct personas emerge (see Figure 1):
Figure 1. Four Personas of the modern CMO
- Brand marketers focus on share of influence.
- Demand gen marketers focus on conversion rate optimization and click-thru-rates
- Community marketers focus on active member engagement
- Internal communication marketers focus on employee satisfaction and engagement
The Bottom Line: CMO's Must Manage The Priorities Of The Four Personas
While few CMO's can bring all four personas to the table, modern CMO's bring on lieutenants to balance out their weaknesses. Given each of the personas must perform to a different set of metrics, CMO's must identify which areas they need to prioritize. For those prioritizing on audience acquisition, brand and demand generation tend to gain focus. For those focusing on audience development, communities and internal communication projects are prioritized. The modern CMO role will require he or she to manage the portfolio against changing business models and the digital transformation ahead.
Your POV.
Are you ready to transform marketing? How will you develop the four personas of the modern CMO. Add your comments to the blog or reach me via email: R (at) ConstellationR (dot) com or R (at) SoftwareInsider (dot) org.
- Developing your digital business strategy
- Connecting with other pioneers
- Sharing best practices
- Vendor selection
- Implementation partner selection
- Providing contract negotiations and software licensing support
- Demystifying software licensing
Resources
- News Analysis: @Oracle Announces Agreement To Acquire Marketing Cloud A/B Testing Firm @Maxymiser August 20, 2015
- News Analysis: @Infor Acquires @GTNexus for $675M August 11, 2015
- News Analysis: Inside Alphabet – G Is For Google August 10, 2015
- News Analysis: Infosys One-Year After Vishal Sikka August 4, 2015
- Event Report: Sage Summit 2015 Shows A Refocus On The Future Of The SMB Customer July 29, 2015
- News Analysis: Inside The Rationale Behind @LinkedIn Turning Off Its CSV Connections Download Tool July 25, 2015
- News Analysis: How @LinkedIn Is Creating A Personal Data Hostage Crisis For Its Users July 25, 2015
- Tuesday’s Tip: Apply For A SuperNova Award – Recognize Leaders In Digital Business July 21, 2015
- Book Summary: Lesson 10 From Disrupting Digital Business – Segment By Digital Proficiency Not Age July 12, 2015
- Book Summary: Lesson 9 From Disrupting Digital Business – Deliver Intention Driven, Mass Personalization At Scale July 2, 2015
- Book Summary: Lesson 8 From Disrupting Digital Business – Democratize Distribution With P2P Networks June 22, 2015
- Webinar Invite: Delivering on Continuity – The Future of Marketing June 15, 2015
- Book Summary: Lesson 7 From Disrupting Digital Business – Humanize Digital With Digital Artisans June 14, 2015
- Book Summary: Lesson 6 From Disrupting Digital Business – Win With Network Economies June 10, 2015
- Product Review: Two Apple Watch Enterprise Apps Launched With IMS Health Life Sciences Wearable Platform June 7, 2015
- Event Report: Zuora’s #Subscribed15 Shows How Organizations Can Power Their Digital Transformation Initiatives May 31, 2015
- Book Summary: Lesson 5 From Disrupting Digital Business – Build For Insight Streams May 31, 2015
- Book Summary: Lesson 4 From Disrupting Digital Business – Know That Data Is The Foundation May 25, 2015
- Book Summary: Lesson 3 From Disrupting Digital Business – Sell The Smallest Unit You Can May 17, 2015
- Webinar Invite: Disrupting Digital Business – The Customer Experience Imperative May 16, 2015
- Quips: Networked Economy Models Emerge Should Verizon Gain Approval To Acquire AOL May 12, 2015
- Book Summary: Lesson 2 From Disrupting Digital Business – Keep Brand Promises In An Attention Economy May 10, 2015
- Research Summary: The Correct Way to Use Customer Data May 6, 2015
- Event Report: Insights Into The New NetSuite At SuiteWorld 2015 May 9, 2015
- Book Summary: Lesson 1 From Disrupting Digital Business May 3, 2015
- Personal Log: Read Chapter One of Disrupting Digital Business April 22, 2015
- Press Release: Registration Opens for Inaugural Constellation Digital Disruption Tour April 16, 2015
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