Seismic Marketing Shift Across the Fortune 500

America’s Top Marketer’s Report Their Goals Have Changed

This might have been a street hawker’s cry five year’s ago, but earlier this week, it was proclaimed matter-of-factly by nearly all honorees at BtoB’s Best Luncheon in New York. The event was well attended by senior marketers who were there to hear each of the 11 nominees for marketer of the year.  One of the highlights was a panel of marketing executives who gave their observations and communication strategies for next year and beyond.  You can read more about the event here, and some analysis of the comments here.  For those of us in the room, the theme was profoundly consistent: the brand war is over, and efficient, customer-based communication rules. Some excerpts from the nominees, in their words.

“We are seeing high return on live seminars and panels.” – Oracle

“White Papers and product information are the key for customer engagements.” – Siemens 

“We are focusing on a shortening in our time to customer relationships” and “I see convergence media and building content as our focus.” – Kodak

“We are shifting to one-on-one marketing.” – Xerox

“We are generating more content to help business owners do business better,” and “Our small business focus is shifting to value-based marketing.” - American Express

These are direct comments from large B2B companies who have seen the future – and that future is relationship marketing and metrics to measure their success. Companies that once focused on broad reach media and enormous sponsorship marketing budgets are now working to create the own media channels. These leading companies are taking an active role in creating the content their customers receive, and are part of the process of delivering content they know is most relevant to their customer’s needs.  In effect, they are creating their own private custom media channels.

When top marketing leader’s share with each other as opposed to hiding their top strategies, the shift has already happened. Don’t ride the old school marketing approach of broad reach & branding into the sunset. It is no longer an option to throw marketing investment at media channels featuring no measurability. Re-evaluate your 2009 media strategies now, and work to gain relevance with your customers and mind-share with your best prospects. In this case, following the leaders is the boldest approach.

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