Ideas and insights > How a CMO can deliver quick wins.

How a CMO can deliver quick wins.

Our thought leader:

Martha Marchesi
Martha Marchesi
CEO

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Whether you’re stepping into a new role as chief marketing officer (CMO) or are simply looking to strengthen your marketing strategy, one thing is for certain: The pressure to deliver results is powerful. Budgets are getting tighter and the tenure of CMOs is getting shorter—making it all the more crucial to clearly define your brand and show progress sooner rather than later.

Here are 5 ways CMOs can deliver quick wins at a time when marketing life cycles are shorter and expectations are higher.

Quick win strategy #1: Revisit your vision, mission, and values.

A strong brand platform starts with a clear and succinct expression of what your company stands for. Why? It matters to customers—and can have a huge impact on your company’s bottom line.

    • Over 90% of companies with well-defined mission statements achieve growth and profits that meet or surpass their industry’s average.
    • Brands have been shown to benefit from a 33% increase in revenue when they present their brand values, image, and messaging consistently across all marketing channels.

Take a fresh look at your vision, mission, and values, and think of them like your elevator pitch. Use clear, concise statements that demonstrate why your company exists, reflect your brand DNA, and communicate where your company is going.

Quick win strategy #2: Stand out with authentic messaging and a human touch.

In an era of AI, chatbots, and automation around every corner, people are craving genuine connections and brand authenticity more than ever before. As a testament to that, human-to-human marketing (H2H marketing) has become an increasingly prevalent way for brands to build long-term relationships, create trust, and boost customer loyalty.

Quick win strategy #3: Audit your marketing technology solution.

It goes without saying that CMOs should harness the power of data analytics, AI, and automation to better understand their customers and deliver more personalized experiences. But with tight budgets—and an overwhelming number of martech solutions available—it’s a good idea to engage martech experts to help you work smarter, not harder.

    • 75% of marketers report being under pressure to cut martech spending this year to deliver better ROI.
    • Salesforce reports that 94% of sales organizations plan to consolidate their tech stacks within the next 12 months.

Have conversations with your tech team to communicate your goals and identify opportunities to streamline your martech solutions. Additionally, consider scheduling regular check-ins with your company stakeholders to pick their brains about their martech needs and ideas.

Quick win strategy #4: Embrace purpose-driven marketing.

Consumers are seeking out brands that stand for more than just profits. To tap into that, consider aligning your marketing strategies with a larger purpose—whether that’s social responsibility, sustainability, or community engagement.

    • Patagonia’s “Don’t Buy This Jacket” campaign is a classic example of purpose-driven marketing. The brand placed an ad in the New York Times encouraging readers to skip Black Friday consumerism in favor of repairing, reusing, and recycling their clothing—leading to a 30% rise in sales following the campaign.
    • Another example is Drizly’s Sip With Purpose campaign, which aimed to help consumers discover and buy beverage products from underrepresented business owners, including Black-owned and woman-owned brands.

One thing to watch out for: Avoid “purpose washing.” Consumers are becoming savvier about a brand’s inauthentic attempts to position themselves as socially conscious—and they’re more discerning about what a brand says versus what it actually does. So, be sure to be transparent with consumers and let them know about the specific ways in which you’re taking action.

Quick win strategy #5: Be a part of the conversation.

Marketers are natural communicators. That skill can come to life in many different forms, from creating campaigns to soliciting customer feedback to engaging in social listening or even chatting with consumers face to face.

But it’s important to remember that internal conversations matter as well.

    • Businesses perform better when CMOs are involved in high-level management decisions. Yet only 37% of CMOs reported being “aligned with their line-of-business leaders” and 34% said they were aligned with their CFO.
    • You should also take the time to actively listen to your team members and get their perspectives on which tactics have worked and haven’t worked in the past.

By having the right conversations—and prioritizing the right strategies—CMOs can laser in on what matters and deliver meaningful quick wins that lead to measurable success.

We can help you find and achieve quick marketing wins—and position your brand for long-term success. Get in touch and let’s talk.

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