News Byte: More Than Half of CEOs Look to Marketing for Growth

Share this content:
Honchos want marketing to energize organizations.
Honchos want marketing to energize organizations.

Some 58% of marketing organizations are now expected to drive growth by CEOs, says a study released over the weekend at the Association of National Advertisers Masters of Marketing Conference in Phoenix. That percentage is up 20% over a similar study done by ANA in 2006.

CMO's top priorities today are to lead by example in digital and engage the entire organization, according to the Marketing 2020 project that studied 250 CMOs and more than 10,000 marketers globally.  It was conducted by marketing consultancy Effective Brands.

“We're no longer the Wild West in how we make fundamental business decisions,” ANA President and CEO Bob Liodice said in his opening address to attendees. “This is an industry that is becoming extremely accountable leveraging increasing sophistication in measurement.”

By way of example, Liodice called out Papa John's for generating more than $2 billion in sales through digital efforts, as well as the industry-wide 3MS (Making Measurement Make Sense) initiative that ties digital viewability to sales. He noted that Kellogg's found that a 40% change in viewability produced a 75% increase in sales generated from digital advertising.

The ANA used the event to introduce five new members of its board: Visa Core Products CMO Kevin Burke;  Nestle USA CMO Alicia Enciso; Pepsi Global Beverages Group President Bradley Jakeman; Johnson & Johnson Global Marketing Group VP Kimberly Kadlec; and Holiday Inn Global Brand Portfolio VP Verchele Wiggins.

close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here