In 1967, 20-year-old Herb N. walked into a car dealership in buzzing Chicago with $3200 cash clutched tightly in his sweaty hand and bought a brand new bright red Mustang. The Mustang wasn’t an especially good deal ($3200 was a lot for a car then and he had just started college), it didn’t have the best safety ratings or durability reports either, but the 1967 Mustang was the one and only car Herb could imagine owning and he simply knew no other car would do. …Continue reading
It’s quite remarkable: the average CEO lasts eight years and the average CFO lasts ten years, but the average CMO is out after two to four years. Why is Chief Marketing Officer tenure so short? Why is there such a revolving door at the most senior marketing position? …Continue reading
The role of today’s chief marketing officer has fundamentally changed. Knowledge of digital and mobile is more crucial than ever and many CMOs are currently struggling to understand today’s increasingly digital-savvy customers.
According to Mobile Marketer, CMOs need to better understand that reaching today’s consumer is not about traditional marketing. It is increasingly about creating contextual and relevant experiences that engage with customers and that begins with mobile. But while today’s consumers live in a mobile world, many of the CMO’s are still keeping their focus on traditional marketing.
But why are CMO’s slacking in mobile? …Continue reading