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CMO Salary Data Suggests Declining CMO Influence?

Marketing Insider Group

What does a CMO’s (chief marketing officer) salary have to do with their influence? While marketing remains a critical aspect of business growth, CMOs are losing ground in the realm of influence. It’s evolving, and so must the role of the CMO. A dramatic nosedive for CMO salaries. Quick Takeaways.

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Infographic: The DNA of a Modern CMO

Contently

“As the roles of marketing and the chief marketer expand, it will become critical for CEOs to ensure that they have the right person as CMO, to understand fully how customers are changing, and to become more involved in developing new marketing capabilities across the company.” Sound familiar? Ad Age, Fast Company.

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5 CMO tips to transform marketing operations from killer to dream fulfiller

Martech

That once-in-a-lifetime genius marketing idea hits that will enrapture customers and slay your KPIs. As the firm’s newly appointed CMO, you need a breakthrough. The best CMOs balance creativity with marketing ops constraints and partner with rather than dictate to this vital team. Temper the reality distortion field.

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Report: Marketing Data Usage Expected to Rise Over the Next Three Years

KoMarketing Associates

As organizations look for ways to improve customer acquisition and retention, new research indicates that they are now willing to invest more in marketing analytics. The American Marketing Association, Deloitte, and the Duke Fuqua School of Business recently published the Sept. Meanwhile, 60% cited a lack of data management processes.

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Only 36% of Marketers are ‘Very Successful’ with Their Retargeting Strategy

KoMarketing Associates

Retargeting gives marketers the chance to reconnect with customers and prospects while boosting their revenue. The CMO Council conducted the “Scaling the Value of the CMO” report, and data suggested that most marketers (86%) believe that a lack of resources and capabilities impairs the performance of the marketing team.

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86% of Marketers Believe Lack of Resources and Capabilities Impairs Their Team

KoMarketing Associates

The CMO Council recently published its “Scaling the Value of the CMO” report, and statistics found that the majority of marketers (86%) believe that a lack of resources and capabilities impairs the overall performance of their team. In terms of deficiencies, 44% named customer journey, acquisition and conversion.

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Report: Marketers to Spend Less on Customer Initiatives as Budgets Fall

KoMarketing Associates

Although marketers have shifted their focus to initiatives, such as the customer experience and customer relationship management (CRM), new research suggests that they will invest less in these areas in the coming months. This comes as they look toward maintaining their present success, rather than forecasting future outcomes.