Driving change in a digitally transformed world
Driving change in a digitally transformed world
Driving change in a digitally transformed world
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3<br />
Develop<strong>in</strong>g<br />
customer-led models<br />
us<strong>in</strong>g real-time data.<br />
“It’s amaz<strong>in</strong>g what<br />
can be learned [by<br />
captur<strong>in</strong>g data to<br />
track]... exactly the<br />
steps that consumers<br />
take along the customer<br />
journey. This implies big<br />
<strong>in</strong>vestment <strong>in</strong> complex<br />
technology and<br />
seamless <strong>in</strong>teraction<br />
between the CMO<br />
and CIO...With greater<br />
philosophical alignment<br />
between the CMO and<br />
CIO, technology turns<br />
<strong>in</strong>to a weapon—<strong>in</strong>stead<br />
of a cost.”<br />
A deeper relationship between CMOs and CIOs has evolved with a<br />
sense of urgency to harness the power of digital technology to drive<br />
customer-centric bus<strong>in</strong>ess solutions. “Mutual needs drive accelerated<br />
collaboration,” said Hubertus (Huub) Devroye, global director of<br />
market<strong>in</strong>g & demand generation, The Dow Chemical Company.<br />
One of the benefits of seamless market<strong>in</strong>g-technology collaboration<br />
is an enhanced ability to create customer-centric solutions us<strong>in</strong>g a<br />
high level of analytics and more granular segmentation that is well<br />
beyond traditional customer relationship management (CRM). “It’s<br />
not just about mak<strong>in</strong>g contact; you also need to foster emotion and<br />
cont<strong>in</strong>uous dialogue <strong>in</strong> that contact,” said Alfredo Gangotena, CMO<br />
of Sotheby’s. For example, Sotheby’s bus<strong>in</strong>ess of match<strong>in</strong>g potential<br />
customers with unique works of art requires “a multi-faceted CRM<br />
system ... IT needs to enable this, and market<strong>in</strong>g needs to operate it.”<br />
— David Rub<strong>in</strong><br />
head of brand,<br />
P<strong>in</strong>terest