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For CMO & Marketing Leadership Professionals

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June 11, 2010

Define Your Marketing Innovation Strategy

by Mary Beth Kemp

with David M. Cooperstein, Jennifer Wise

Average:
(2 ratings)

This is an excerpt

Executive Summary

Many marketing leaders take advantage of new opportunities as they present themselves, organically building change into their approach and organization. But innovation in marketing should be much more than moving into digital, testing social applications, or dabbling in mobile. Today, the chief marketing officer's (CMO's) opportunity is to redefine how her company will interact and engage with consumers and customers in the future. Forrester recommends that marketing leaders define their marketing innovation strategy by: 1) describing their company's vision for future customer engagement, taking into account the whole marketing mix; 2) building their marketing innovation road map to chart how they will adapt their methods; and 3) formalizing near-term opportunities for testing and learning, making sure that testing is done as part of a plan and delivers results when it comes time to launch.

TABLE OF CONTENTS

  • Marketing Leaders Are Chasing, Instead Of Driving, Change
  • CMOs Must Create An Innovation Strategy That Cuts Across The Marketing Mix
  • Draw Your Road Map To Successful Marketing Reinvention

WHAT IT MEANS

  • Marketing Will Become The Business Lab
  • Supplemental Material
  • Related Research Documents

This is an excerpt

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