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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

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