Big data can be overwhelming, but when you look at just a little piece of it is can be very usefull.
Jonathan Gordon, expert principal at McKinsey & Company, reflects on the future role of the CMO.
There has been a significant amount of discussion in recent weeks about the future characteristics of digital asset management software and the future structure of the DAM software industry. In October, CMSWire published several articles discussing whether there is still a need for dedicated, “full-featured” digital asset management solutions, and the October CMSWire DAM Tweet Jam included a discussion of whether DAM is becoming (or should become) more specialized. Last month, Ralph Windsor addressed the topic of DAM specialization in a feature article for DAM News.
As you might expect, there’s no shortage of opinions on these topics.
- Some industry experts contend that DAM software has become “bloated” with features that most users don’t need.
- Others say that most DAM solutions are too “generic” and don’t provide the specialized functionality that many users require.
Debates regarding the future of DAM are certainly interesting to those of us who are directly involved in producing DAM software. For obvious reasons, we’re also deeply interested in how the DAM software industry will evolve from a competitive perspective. But these are not the only issues that are important to many current and potential DAM users.
One of the greatest challenges facing marketing leaders in large enterprises is to select and implement a marketing technology system that will enable and support the delivery of exceptional customer experiences. DAM software is a critical component of an enterprise-class marketing technology system, but it is only one piece of the puzzle. Therefore, astute marketing leaders will not evaluate DAM software as an isolated, stand-alone application. Of course, the functionality of the DAM software is important, but the ease with which the DAM software can be integrated with other marketing applications is equally important.
On Thursday, December 5th, ADAM will host a webinar – Building Blocks to create your Integrated Marketing Solution – that will address these important issues. During this webinar, Bart Omlo, CEO of HintTech, will explore how to build an integrated marketing technology system and describe the role that DAM software plays in that system.
You can register for this important webinar here.
Organizing your marketing operations is complex and time consuming. Especially for strong brands for whom consistence in cross marketing channels is essential. Paragon helps to streamline marketing processes, so they can be simplified and costs and time can be reduced while quality goes up.
One of their customers is the Dutch insurance company Centraal Beheer Achmea. They asked Paragon to help align their marketing and sales. Jorrit Drieënhuizen, account manager at Centraal Beheer Achmea, tells you why.
A new (June 2013) worldwide survey by Be On, the AOL global branded content business, shows that enterprise marketers are becoming more confident about the effectiveness of video content, and, as a result, they are increasing their investments in online video.
The Be On study was based on a survey of more than 770 marketing experts from leading brands, media, and creative agencies in the United Kingdom, Europe, and North America. Survey participants were asked about their experiences of using branded online video when planning online advertising campaigns.
Here are some of the major findings of the Be On study.
- Although television is still considered to be a key driver of brand awareness, 78% of respondents in Europe and 58% globally said they could achieve greater engagement and scale with online video.
- Seventy-three percent of respondents said that online video spending had increased over the last 12 months. Respondents also indicated that the majority of the increased spending on video content is coming from budgets previously reserved for TV and display advertising.
- The key reasons for increasing online video spending in the future are better audience targeting (mentioned by 73% of respondents) and measurement (cited by 67% of respondents).
- Eighty-four percent of survey respondents believe the Internet is becoming a rich brand medium that provides engaging, interactive opportunities to connect with consumers.
The findings of the Be On study demonstrate that enterprise marketers are becoming more reliant on video content to create engagement with prospects and customers. As I indicated in my earlier post, enterprises need an effective and efficient way to manage, localize, and publish videos in order to maximize the potential of video content.
ADAM has recently released ADAM Videos, a new application studio for the ADAM Platform that is specifically designed to meet the rapidly growing needs of corporate video management. ADAM Videos enables enterprises to manage video content with the same flexibility and control that the ADAM Platform provides for other types of digital content assets.
You can learn more about ADAM Videos here.
In an ever changing world, marketing changes too. But marketers need the right tools. So it’s time that marketingtools change too, says Jive Software in their whitepaper ‘Marketing Transformed’. Most marketers still depend on the same tools and methods they used 20 years ago: email, meetings, phone calls and desktop apps, leading to a lot of disconnects, inefficiency and pain. But change is finally at hand. New social business technology has the ability to knit cross functional teams together and empower marketing productivity in ways never possible before.
According to a recent study of over 1700 chief marketing officers, four out of five CMO’s anticipate a high or very high level of marketing complexity over the next five years, but only half feel ready to handle it. Those CMO’s have every reason to be concerned, according to Jive. The sheer size of the task has grown, with a more diverse market landscape to master, more communication channels to leverage, and a lot more data to take account of. The expectations have grown, too. Marketing departments are under greater pressure to develop more agile and precision targeted campaigns, generate more leads and ultimately contribute more to companies’ bottom lines.
Unfortunately, Jives states, marketing methods and tools haven’t kept pace with the demands. When it comes to the human interactions and collaboration at the heart of so many marketing activities – like planning and executing campaigns, creating collateral, enabling channel partners and nurturing customer relationships – marketers have been stuck using tools from an earlier age: email, phone, face-to-face meetings, on-site events, content management systems and desktop apps. A few newer collaborative tools have entered the picture, but have tended to be piecemeal and limited-purpose.
All this causes that knowledge-workers need a lot of time to do things they aren’t supposed to do. Just think of all the effort and frustration that goes into fruitlessly searching for information, sorting through email, managing disjointed document revision cycles, struggling to keep all team members on the same page etc. etc Jive states. According to McKinsey Global Institute the average knowledge worker spends 19 percent of the day searching for information and expertise and another 28 percent of the day processing email.
There are lot’s and lot’s of funny ads to find on the net. We’re not gonna show you all, because not all of them are that good. But it shows you don’t have to take yourself to seriously as a brand. Not even the big guys do, as Mercedes demonstrates.