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249Labs Webinar: Marketing Technology Organizational Models Joseph Kurian CEO, 249Labs July 17, 2015 249labs.com
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249Labs Introduction Focus on Marketing Technology Consulting in June 2015 There are two main focuses for the company We help companies with Marketing Technology Consulting We have an app dev arm that builds products, mobile and desktop We help companies in consulting around Business cases to build MarTech orgs Understanding Technology vendors Understanding implementers in the MarTech space CMO-CIO alignment for MarTech success Wearables and Connected eco-system
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Marketing Technology Offices today MTOs exist in many Fortune 100 companies (Aetna, Target, Best Buy, Home Depot, Coke, Dell, Nationwide, Office Depot, Kimberly Clark, Clorox etc…) They all have their own organizational models with some basic similarities All of them see their importance, role and responsibility growing They sit in Marketing, IT, Digital, eCommerce * All product names, logos, and brands are property of their respective owners.
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Marketing Technology Org Models There are many variations of MarTech Org models Best ones are built around the culture of the company and leadership Trying to stamp someone else's model on your company isn’t best option Pros and Cons to every model We will be discussing 5 models I have seen
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MarTech Model 1 eCommerce/Digital owns MarTech Most major digital assets are owned by single eCommerce team Groups within eCommerce own different pieces of the digital marketing delivery (WCMS, Personalization, Email … ) Decision making on technology is eCommerce call with IT supporting Budget can be in eCommerce or IT Benefit Single ownership of digital assets means quicker decisions Skillset in digital is usually higher Agencies/Vendors play a role in supporting business goals
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MarTech Model 2 IT owns MarTech Digital assets are managed by IT, with Business ownership on strategy and direction Ownership was almost always assigned because ‘they ran the website’ Misalignment with business can cause friction Budget sits in IT organization Benefit Security, stability, scalability, enterprise rollout all strong Technology skillset can be outsourced from contractors/vendors Viewed as broader enterprise technology stack for integrations
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MarTech Model 3 Marketing owns MarTech Digital assets are owned by Marketing and others Marketing owns budget and strategic direction Technology ownership divided by SaaS(Marketing) and internal infrastructure(IT) Scattered ownership of digital assets requires strong alignment Benefit Fulfils the promise of the ‘Marketing’ in Marketing Technology Marketing Agencies can help with MarTech execution Can demonstrate value of the Marketing function in company
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MarTech Model 4 Governance Committee owns MarTech Digital assets are owned by multiple players Budgets are not centrally owned Digital strategy and direction is managed by committee Regular reviews via committee determine MarTech maturity Benefit Rarely does this cause ownership realignment which can reduce friction Forces various areas to get on same page and collaborate Impact of silos can be reduced due to the nature of committee
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MarTech Model 5 Everyone owns MarTech No one is sure who owns digital assets Budgets are owned by a variety of areas There is no digital strategy or direction There is no governance Benefit Great deal of opportunity for someone to lead
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Where is the value of the MTO? MTO delivering value to the organization by enabling effective digital programs MarTech enabling various Lines of Business to achieve business goals A MarTech function in the organization that has the ability to create enterprise wide solutions for the business A MarTech function that controls and manages budget and strategy
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Where is the value of the MTO? (cont’d) Reducing cost and dependency on agencies / vendors Developing internal talent in digital marketing Leverage vendors and agencies to support internal staff and execution
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How can the MTO do more? Help steer digital strategy leveraging tools Get involved in execution of campaigns Add a Marketing Operations capability in the group Non Traditional responsibility (Wearables, Alternative channels)
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Summary There are many MarTech models. Use one that fits your organization’s structure Align yourself to business goals across the org Build the best model for the company, not you Having the right executive leadership is key Having the right people is key
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Thank you Thank you for participating We will be doing monthly webinars on a variety of topics Contact Info: Joseph Kurian Joseph@249labs.com Joseph@249labs.com 249labs.com 813.530.5740
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