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March 16, 2008

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Ultra online marketing

Great site! it gave me wonderful information on all the marketing strategies. I really amazed by your post it is very clear about all the tips ans tricks.
I trust that your post will helpful in many factors.

Jim Murphy

Right on!

I'd actually argue, that depending on the type of business you're in, a CMT is a full time role no matter how small the company is.

I work for a small e-commerce company and can tell you first-hand that one of the secrets to success is simply being relevant to your customers. Think about that... How do you make a product catalog with 20,000 products relevant to a customer? What is "relevant" anyway? How does relevancy scale to comparison shopping engines, online banner advertising and paid search?

These are the questions that get the juices flowing in any technical marketer and scare the hell out of non-technical marketers.

Nice job, Scott.

Jim

Jeff Eckman

Compelling job spec for a Chief MarTec! While I acknowledge the need to "get my own blog," I hope you'll pardon my extended response to your inspiring post!

I think this blog adds to the portfolio of necessary corporate services/functions that have evolved into "decision sciences," a term that USC's John Boudreau has used to describe the progression of roles like accounting, sales, and procurement, to the venerated roles of finance, marketing, and supply chain management, respectively. Whether by an organic or proactive process, we have seen myriad organizational functions once considered necessary, transactional or administrative services become critical, value-driving elements of business success.

Boudreau's work focuses on the proactive elevation of HR to a "decision science," arguing that it is through the building of a recognized, cross-firm, cross-industry business-focused and consistent discipline that the HR function will be able to lead with the same authority as today's finance and marketing functions. But this is a major challenge for HR, as human capital metrics are typically much more elusive than the hard numbers we can more readily access in finance, supply chain management, and, of course, marketing.

Now, with ever more data, and more effective ways of organizing data into actionable frames, and ultimately with more science behind the practice of marketing, this organizational function has perhaps fully evolved as a "decision science." The CMO is now more empowered. And I could even see current sitting CMOs being replaced by up-and-coming Chief MarTecs or VP's of MarTec. Further, whereas HR and "purchasing agents" have had to be their own advocates for functional elevation, for marketing/martec, the change has happened organically, driven by the invisible hand that has emerged from the nexus of thought leadership, creativity, data, product development, innovation, and ultimately, results tied back to clear marketing actions.

Could the future top leadership of any firm look more like CEO, CHRO, CFO, CMO? I think so. With the rapid building and adoption of cloud computing/SaaS, internal IT becomes virtually irrelevant, sorry Chief Information Officer, hello Chief Innovation Officer. Nick Carr is right. The remaining "chiefs" can rather efficiently work out the right governance and balance of technology use.

Yes. Information technology is now the realm of the marketer.

Scott Brinker

Jim -- you paint a vivid picture with the image of 20,000 products that need to be combinatorially matched with, well, upwards of the 1.2 billion people on the Internet. 20,000 x 1,200,000,000 = 24,000,000,000,000 -- 24 trillion -- possible combinations of just the most favorite product.

Start thinking of a portfolio for a wishlist or a shopping basket and, well, that's the real googol of the Internet.

But you're absolutely right. Although technology has created this "problem" of mind-boggling scale in personalized marketing, it also tempts us with the key to unlock the right combinations in a pragmatic way. This is Chris Anderson's Long Tail, and it has been harnessed by the likes of Amazon, eBay, and Google.

We agree: it's the mission of the chief marketing technologist to harness it for their companies without Jeff Bezos or Larry Page at the helm.

Thanks for the post!

Scott Brinker

Hi, Jeff -- thanks for the thoughtful comment.

You know, it's funny. If people proposed to implement a "behavioral tracking" algorithm as part of HR, something that would track every action that employees did online, apply various weights and business rules to it, and -- plop! -- out would pop the quarterly review with a salary recommendation, I think most people would jump out of their skin. "Yikes! How can you expect to accurately calculate my value based on my clicks and typing?!"

Meanwhile, a number of behavioral software packages in marketing propose to do just that to your customers.

Obviously, the context is different. And in many cases the stakes are much lower -- although I'd say that for companies who have a potentially high LTV (lifetime value) of a customer, the stakes aren't necessarily that much lower. Good people are hard to find both inside and outside. Of course, I'm a big advocate for leveraging technology for personalization. But it has to be done carefully and intelligently.

I love Carr's writing, very provocative and inspiring. I'm not sure if I believe IT as a department is entirely going to go away. I suspect that leadership of a company's overall computing infrastructure still has a lot of value. However, I absolutely agree that the application-level technology needs to be led by the teams responsible for those application domains. Marketing for marketing, operations for supply chain, and, yes, HR for HR. Love your vision of having those executives work together on overall technology governance. Is there a role for IT as the impartial mediator?

Jeff Eckman

I haven't met any impartial heads of IT, though I can certainly see future IT leaders requiring this impartiality. If future impartial CIOs are going to come from anywhere in IT, I would argue that the heads of networking and telecom (the most neutral of all IT functions) are the best candidates. Further, with the network being the most critical IT function in the future (with systems going outside, and moving to the control of marketing, operations, etc. as you've posited), it's a natural evolution for VPs of network design and operations.

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About Me

  • Scott Brinker I'm Scott Brinker, a marketing technologist with more than 20 years experience at the intersection of marketing, IT, software product development, and online networks. I'm currently the president & CTO of ion interactive, a company that delivers post-click marketing software and services. (Note: the postings on this site are my own and don't necessarily represent ion's positions, strategies, or opinions.) Previously, I ran a technology consultancy with clients such as Fujitsu, CBS Sportsline, Siemens, and Tribune. Before that, I was president of Galacticomm, a leading provider of bulletin board software (in the days before the Web). I have a BS in Computer Science from Columbia University and an MBA from MIT Sloan. You can reach me at: sbrinker [at] chiefmartec.com.

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