Title: Kiev 13 September 2006
1Kiev 13 September 2006 N.Panoussopoulos
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6CEOs are growing impatient with marketing. They
feel that they get accountability for their
investments in finance, production, information
technology, even purchasing, but dont know what
their marketing spending is achieving.
7Northwestern University
The marketing function is being pushed lower and
lower in corporate hierarchy. Marketing suffers
from lack of respect in todays quantitative
oriented, results driven organization.
8The Association of National Advertisers
9(Source Blue Paper SPENCER STUART)
CEO Tenure that is on average 53.8
months vs.
CMO Tenure that is on average just 22.9
months
10- What is the marketings role in businesses
operating in Greece ? - How does this compare to what we knew about
marketing ? - What are the functions competing with the
marketing function ? - Is the market orientation enough ?
11- Product related activities 44 (research, NPD
ideas, characteristics, project mgt, launch,
sales forecasts, withdrawal) - Branding 61
- Pricing/ Discount policies 33
- Distribution 19 (vs 44 of sales dept)
(channel selection, POS, negotiation) - Promotion 75
(budget mix, supplier selection, content
approval, effectiveness measurement)
12 Marketing is the process of
planning and executing the
conception, pricing, promotion, and
distribution of ideas, goods, and services
to create exchanges that satisfy
individual and organizational objectives.
American Marketing Association
13- Overall
- The Managing Director
- The Commercial Director
- External to the business unit
- Competition with sales is only limi- ted to
distribution activities - which come second after commercial director
- Is your CEO the hidden marketing champion ?
14 15- Brand oriented companies
- Certainly NOT in companies that are cutting
costs - Higher marketing influence results in
significantly higher promotion effectiveness
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17- Demand Management
- Resource Management
- Network Management
18PILAR A Market Offerings PILAR B Marketing
Activities PILAR C Business Architecture PILAR
D Operational Systems AC The revenue
drivers BD The cost drivers
19- Be more strategic
- Be more cross-functional
- Be more buttom-line oriented
- Sponsor marketing initiatives
- Be the customer champion
- Be the quality controller
201.From Market segments to Strategic
segments 2.From selling products to providing
solutions 3.From declining to growing
Distribution channels 4.From branded bulldozers
to global distribution partners 5.From brand
acquisition to brand rationalization 6.From
market-driven to market-driving 7.From SBU
Marketing to corporate marketing
21From Marketing as a FUNCTION
to Marketing as a PROCESS,
TRANSFORMATIONAL ENGINE
22- More specifically
- deliver value to customers, profitably.
- require a high level of marketing expertise
- being results-oriented
- secure cross-functional orchestration for
optimum implementation