The Evolution of Marketing Leadership through AI and Analytics – with Greg Stuart | S3 E42
Feb 14, 2024
auto_awesome
Greg Stuart, CEO of MMA Global, discusses the transformative powers of AI in marketing and the nexus between technology and creativity. They explore CMO turnover, multi-touch attribution (MTA), and managing risks in career opportunities. The podcast offers insights into the future of marketing and the significance of research and insights in making impactful marketing investments.
Recognize the pattern of transformative technologies and seize the potential of AI for marketing until 2033.
Improve the perception of marketing, elevate the industry, and embrace AI to stay ahead of technological advancements.
Deep dives
AI as the Dominant Transformational Opportunity
The speaker discusses the idea that there is a pattern of 13-year cycles in transformative technologies, with AI being the current dominant opportunity until 2033. This pattern is seen in the emergence of PC in 1981, the internet web in 1994, and mobile in 2007. The speaker emphasizes the importance of recognizing this pattern and encourages listeners to seize the transformative potential of AI.
The Mission to Improve Marketing
The CEO of MMA Global, Greg Stewart, explains the mission of MMA as a nonprofit trade association focused on creating a better future for marketing. Stewart highlights the need for marketing departments to regain stature and control and emphasizes the importance of improving the perception of marketing. He shares the belief that marketers should strive to make their departments more effective, with the ultimate goal of elevating the entire marketing industry.
The Impact of AI on Marketing
The speaker expresses a belief in the significant impact that AI will have on marketing. They discuss the potential for AI to improve productivity and efficiency in marketing, as well as its ability to enhance personalization. The speaker also mentions the need for marketers to embrace AI and stay ahead of the wave of technological advancements, highlighting the risks of being left behind.
The Power of Measurement and Analytics
The importance of measurement and analytics in marketing is emphasized by Greg Stewart. He mentions the complexity associated with measurement in marketing, particularly the need to understand different aspects of measurement such as multi-touch attribution. Stewart describes multi-touch attribution as a method to measure media exposure and attitudinal shifts, which helps optimize marketing performance and understand the relationship between long-term branding and short-term results. However, he acknowledges that the adoption of effective analytics is still a challenge for many marketers and recommends exploring resources provided by MMA to navigate this complexity.
Prepare to have your mind expanded as Greg Stuart, the visionary CEO of MMA Global, takes us on a journey through the transformative powers of AI in marketing. You'll come away with a newfound understanding of the vibrant nexus where technology meets creativity, and how this synergy is redefining the industry. Greg's impressive track record in propelling marketing innovation sets the stage for a riveting discussion that challenges long-held beliefs and opens the door to a world where marketing's influence within the business sphere is both recognized and revered. We tackle the thorny issue of CMO turnover and explore AI's promise as a tool for heightened marketing prowess.
Then, we navigate the intricate landscape of multi-touch attribution (MTA), a tool that's revolutionizing how marketing effectiveness is measured and optimized. As your host, I'll share from my vault of experience, shedding light on the data collection conundrums and the precision required in analytics that make MTA both a beacon of hope and a challenge for marketers. This chapter is a goldmine for those looking to fine-tune their understanding of MTA and its impact on crafting savvy, data-empowered marketing strategies. You'll also get insider tips on managing risks and seizing career opportunities that could make all the difference in your professional journey.
Our finale is a glimpse into the future, where long-term brand equity and short-term marketing gains coexist harmoniously, translated into the universal language of finance. We'll take you through groundbreaking case studies and introduce you to the AI Leadership Coalition and the insights gained from his 'Building Better CMOs' podcast. For a deep dive into the role of AI in marketing and to capture the essence of where the field is headed, this is one episode you won't want to miss. Don't forget to hit subscribe and share the treasure trove of insights with your network!
Discover RYO: the Web3 payment solution making crypto simple and secure for everyone. Featuring an expansive ecosystem with LIFE Wallet, Global Mall, and Japan’s first licensed Crypto ATM Network, RYO empowers your financial journey. Awarded 'Best Crypto Solution.' Explore at ryocoin.com
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode