WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments 

6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments  | WHY IT MATTERS: Digital Transformation | Scoop.it

Use the 2019 Gartner Hype Cycle for Digital Marketing and Advertising to prioritize your marketing technology investments.

Farid Mheir's insight:

WHY IT MATTERS: Gartner recommends that marketers prioritize the following 6 tech this year. Do you?
1- Customer data platform (CDP)
2- Artificial intelligence for marketing
3- Blockchain for advertising
4- Real-time marketing
5- Multitouch attribution
6- Conversational marketing

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Why Marketers Should Audit Their Technology Portfolio

Why Marketers Should Audit Their Technology Portfolio | WHY IT MATTERS: Digital Transformation | Scoop.it

Marketers who adopt a portfolio management approach to marketing technology investments can better serve the business and stay on top of tech needs and obsolescence.

Farid Mheir's insight:

WHY IT MATTERS: the technology stack of marketing teams has exploded in recent years with analytics, CRM, CDP, DMP, and a slew of cloud-based solutions from mailchimp to hootsuite. An audit to determine the state of the marketing stack and its strengths and weaknesses is essential.

TalentsCrew's comment, October 7, 2019 2:32 AM
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Gartner study on #personalization very useful to understand the components required and 2 key rules: provide "help" not "personalization" and do not use too many data dimensions unless you want to ...

Gartner study on #personalization very useful to understand the components required and 2 key rules: provide "help" not "personalization" and do not use too many data dimensions unless you want to ... | WHY IT MATTERS: Digital Transformation | Scoop.it

CMOs are placing big bets that personalization will break through all the noise and clutter of branded messaging. Most CMOs either have ambitious investment plans or are already spending on personalization-related tech and data platforms and staff. Yet, some do not realize that if done incorrectly, personalization attempts can alienate customers and fail to achieve desired returns. This webinar, Gartner reveals how brands are rethinking personalization to achieve far better business results.

Farid Mheir's insight:

WHY IT MATTERS: personalization requires a lot of data, tools and effort to be useful and efficient, but not creepy. This webinar drives the point across well. Moreover, hidden in the slides is this diagram that helps understand the components required to make personalization a reality: production + delivery + talent + tech + data. As usual, tech is not sufficient alone...

This is in line with my other blog post http://fmcs.digital/blog/5-ways-a-consumer-can-perceive-a-brands-personalized-message/

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Omni-Channel Marketing is challenging because of the large number of technologies and data that must be consolidated #omnichannel #oldieButGoodie

Get five best practices for developing an omni-channel approach to personalized marketing, and discover the solutions that make it possible to deliver automated recommendations, across channels, to connect with customers. 

Farid Mheir's insight:

WHY IT MATTERS: a nice representation of the omni-channel challenges facing technologist today.

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5 ways a consumer can perceive a brand’s personalized message 

5 ways a consumer can perceive a brand’s personalized message  | WHY IT MATTERS: Digital Transformation | Scoop.it

Gartner research has uncovered five ways a consumer can perceive a brand’s personalized message as helpful:
“Make it Easy” – The message made it easier to get through the purchase.
“Reassure Me” – The message made me less anxious about making the wrong decision.
“Teach Me Something New” – The message helped me understand how to better use a product I purchased.
“Direct Me” – The message guided me to a product/service that would solve a problem for me.
“Reward Me” – The message provided me with exclusive benefits.

Farid Mheir's insight:

WHY IT MATTERS: personalization is a big thing, so is content marketing. I find useful this research that explains 5 best ways to personalize content.

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HubSpot app ecosystem growth is proof that tools are more interconnected than ever - making non connected solutions (think on-premise back-office SAP, Oracle or other software that runs your busin...

HubSpot app ecosystem growth is proof that tools are more interconnected than ever - making non connected solutions (think  on-premise back-office SAP, Oracle or other software that runs your busin... | WHY IT MATTERS: Digital Transformation | Scoop.it

An update on HubSpot App partners and integrations in 2019.

Farid Mheir's insight:

WHY IT MATTERS: software as a service or cloud based tools are often easy to connect. This example from Hubspot marketplace, with over 300 connections, is proof.

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The Measurement Advantage highlights the importance of #omnichannel integration and provides a maturity assessment tool via Bain & Company

The Measurement Advantage highlights the importance of #omnichannel integration and provides a maturity assessment tool via Bain & Company | WHY IT MATTERS: Digital Transformation | Scoop.it

Leading CMOs make measurement the centerpiece of their growth strategy.

Farid Mheir's insight:

WHY IT MATTERS: omnichannel has been the buzzword for years and this report shows that organizations that embrace it see positive returns.

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The Dividends of Digital Marketing Maturity via @BCG

The Dividends of Digital Marketing Maturity via @BCG | WHY IT MATTERS: Digital Transformation | Scoop.it

Advertisers that raise their digital game report cost savings of up to 30% and revenue increases of as much as 20%.

Farid Mheir's insight:

WHY IT MATTERS: sign of the times, maturity models are starting to emerge to help marketing organizations plan their roadmap to improved marketing using digital.

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4 Biggest Data Problems from the #MarTech Explosion: increase in operational lag, inefficient teams, poor customer experiences, and legal and data-privacy risks via @Tealium

4 Biggest Data Problems from the #MarTech Explosion: increase in operational lag, inefficient teams, poor customer experiences, and legal and data-privacy risks via @Tealium | WHY IT MATTERS: Digital Transformation | Scoop.it

The number of marketing technologies available to businesses has soared in the last five years – from about 150 in 2011 to over 3,800 in 2016, according to ChiefMarTech.com. And a study by eConsultancy and Tealium found that businesses use on average more than 20 marketing technology vendors to deliver their campaigns and customer experiences. This rapid expansion of the MarTech space has created significant challenges for marketing, technology, and management teams alike making it difficult to build cohesive, end-to-end customer experiences because of gaps between marketing technologies, the data they leverage, and how they are implemented. This paper provides an overview of the four core problems businesses are facing with data due to the proliferation of marketing technology, and how adopting a Universal Data Hub (UDH) solves these problems. 

Farid Mheir's insight:

WHY IT MATTERS: this article highlights the importance of technology and data science in marketing today.

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Content Marketing for Different Funnel Stages reminds us that content syndication across all digital channels is required for #omnichannel relevance & the technology requirements are often huge HT ...

Content Marketing for Different Funnel Stages reminds us that content syndication across all digital channels is required for #omnichannel relevance & the technology requirements are often huge HT ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Content needs to reach the right people at the right time to be impactful - here we break down every funnel stage and the content that goes with it!

Farid Mheir's insight:

WHY IT MATTERS: content marketing is a very powerful way to make omnichannel a reality. As this article highlights, it requires solid technologies to ensure that a single piece of content can be syndicated across multiple channel easily.

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Getting Your AI Strategy On Track provides guidelines to draft your organization strategy via @theinnoscout #AI

Getting Your AI Strategy On Track provides guidelines to draft your organization strategy via @theinnoscout #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

By now you understand that AI is mainstream. We carry it around in our phones, it’s installed in our automobiles and household appliances. But how should you be thinking about using AI in your business? Start by considering the data managed by your company. What can your data teach you about your business? What can you automate or streamline using your data? If there are repetitive processes in your business, AI can be used to automate those processes.
For example, if you have large customer data sets, it is likely you can use machine learning to let the data tell you more about those customers, give you intelligent insights that will help you to create a more customer focused offering. Examples: Retail banks use AI to offer appropriate banking products tailored for individual customers. Insurance companies use AI to verify identity, assess risk profiles and recommend coverage. Companies are using ML to sort though massive resumes to find the best matches for new employees.

Farid Mheir's insight:

WHY IT MATTERS: this report provides very useful insights into steps to build an AI strategy for organizations. It starts, obviously with data, and provides examples of tools and technologies to help get you started.

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Forrester Wave Report on Customer Journey Analytics Platforms

Forrester Wave Report on Customer Journey Analytics Platforms | WHY IT MATTERS: Digital Transformation | Scoop.it

Companies transforming to become customer-obsessed are using customer journey analytics to help them become customer-led, insights-driven, fast, and connected, and to ultimately be more effective in acquiring, serving and retaining customers.  

This report from leading global research and advisory firm, Forrester, identifies the 12 most significant customer journey analytics platform providers today, and reveals how each measures up based on 26 different evaluation criteria, to help you make the right choice for your organization. You'll get a complete overview of the current customer journey analytics market, including;

  • The two primary journey analytics provider categories, visioning and orchestration, and four core capabilities: (1) data fusion, (2) journey design & planning, (3) journey testing & optimization, and (4) journey automation & orchestration
  • The 2018 Forrester Wave Journey Visioning Platform rankings and scorecard
  • A breakdown of each journey analytics provider’s offering, strengths, specialties, and customer base
  • Key criteria that helps leaders stand out from the pack
Farid Mheir's insight:

WHY IT MATTERS: customer journeys often are nothing more than nice illustrations of customer touchpoints and interactions. While true, this report shows that tools emerge to help understand the journey beyond simple mapping to include elements required to orchestrate and consolidate the data that is generated as part of the journey in different systems.

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Brand #marketing in the age of machine learning = performance marketing => marketers will become #dataScientists or die... 

Brand #marketing in the age of machine learning = performance marketing => marketers will become #dataScientists or die...  | WHY IT MATTERS: Digital Transformation | Scoop.it

In the near future, all media buying will be automated. Being good at buying media will no longer be a competitive advantage.

Based on my research and work I’m doing with some of the top CMOs in the world, here are my bold predictions for what advertising will look like in Canada by 2025:

  • Bold prediction #1: Because of the continuing shift to online advertising, rapid improvements in Machine Learning (ML), and the rise of programmatic, almost all media buying will be digitized and fully automated.
  • Bold prediction #2: Driven by this digitization, most paid ads—across most channels—will be measurable and optimizable in real time.
  • Bold prediction #3: This will transform brand marketing, which will start to look a lot more like performance marketing.
Farid Mheir's insight:

WHY IT MATTERS: if you went into marketing because you did not like math or science, well I think the future will be very very painful... ;-)

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A technology blueprint for personalization at scale highlights the crucial role of data centralization and management via @McKinsey

A technology blueprint for personalization at scale highlights the crucial role of data centralization and management via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The technology to unlock the value of personalization at scale is readily available, and you may be surprised how much of it you already have in place. You don’t need to tackle everything at once. Develop a road map with regular stage gates to evaluate platform progress based on the trade-off between value at stake and ease of implementation. Identify and prioritize quick wins that make it easy for the organization to continue funding the transformation.

Farid Mheir's insight:

WHY IT MATTERS: personalization of products and services requires 3 key ingredients that are data-driven: customer database, identity management and data management.

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Technology and Data play a major role for personalization at scale via @McKinsey

Technology and Data play a major role for personalization at scale via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Personalization at scale relies on an organization’s ability to orchestrate the 4Ds—Data, Decisioning, Design, and Distribution. Addressing the technology in each of these Ds is the key to unlocking the full power of personalization.

Farid Mheir's insight:

WHY IT MATTERS: personalization of products and services is a data-driven process.

Jeffery Parham's curator insight, July 4, 2019 10:30 AM

WHY IT MATTERS: personalization of products and services is a data-driven process.

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Personalization at scale will bring tremendous value to many industries, #retail and #insurance in particular via @McKinsey

Personalization at scale will bring tremendous value to many industries, #retail and #insurance in particular via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Personalization is a crucial weapon in the marketer’s arsenal to achieve that goal. That’s how businesses can deliver tailored recommendations, content, offers, and experiences, across all channels and devices, along the entire customer journey. Personalization at scale has the potential to create $1.7 trillion to $3 trillion in new value (Exhibit 1). Capturing this value will require mastering the technologies and addressing the organizational disconnects—all while forging trust with customers and protecting their data.

Farid Mheir's insight:

WHY IT MATTERS: personalization of products and services - for example to give bigger coupons to most valuable customers or pricing insurance premiums more accurately based on risk and behavior - should not be seen as a marketing trend or an expense but rather as a revenue generator.

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Six governing considerations to modernize marketing highlight one key message: focus on #people & #ChangeManagement as the impact of #technology in #digitalTransformation impacts up to 40% of marke...

Six governing considerations to modernize marketing highlight one key message: focus on #people & #ChangeManagement as the impact of #technology in #digitalTransformation impacts up to 40% of marke... | WHY IT MATTERS: Digital Transformation | Scoop.it

Legacy structures and operations are keeping companies from taking full advantage of technology to modernize marketing.

Farid Mheir's insight:

WHY IT MATTERS: digital transformation often is sparked by technology improvements - Big Data, advanced analytics, AI. Marketing has been affected profoundly by what is called marTech but this article highlights that successful transformations require an attention to people, skills, roles, work organization, and change management. Based on my experience I believe this applies to many other departments in the organization when faced with similar technological revolution.

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48 #marketing #technology stacks illustrated for the 2019 #MarTech Stackies help grasp the products in use in large organizations but fail to carry much more than a beautiful picturer #weNeedMoreDe...

48 #marketing #technology stacks illustrated for the 2019 #MarTech Stackies help grasp the products in use in large organizations but fail to carry much more than a beautiful picturer #weNeedMoreDe... | WHY IT MATTERS: Digital Transformation | Scoop.it

For the 5th year, we've run The Stackies Awards, where marketers send in a single slide that illustrates their 'stack' — the collection of marketing technology tools they use and how they conceptualize them together. We received 48 entries this year, and some truly incredible ones. Airstack graciously sponsored the awards this time. And, as promised, we've gladly made a donation of $4,800 to Girls Who Code on behalf of the 48 entrants ABinBev, Airstream, Alliant Credit Union, Artemis Health, BraunAbility, Esri, G Adventures, Juniper Networks, Lola, Nationwide Advisory Solutions, Paychex, Racing Post, Sargento Foods, The Telegraph, Tennant, and the

Farid Mheir's insight:

WHY IT MATTERS: I recommend a good read of this year's awards for marketing technology stack. I must however warn that the illustration - while beautiful - fail to carry as much information as they should to pick best from worst. How are they connected? What is the cost to acquire and maintain? How is security and privacy ensured? etc. etc. I would urge a more in depth review of the winning solutions to help grasp what it really means to be marTech best in class in 2019.

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#Marketing #Technology Landscape Supergraphic 2019 now clocks in at 7,040 solutions over 50 categories but fails to show how platforms like Adobe or salesforce can help simplify the landscape - non...

#Marketing #Technology Landscape Supergraphic 2019 now clocks in at 7,040 solutions over 50 categories but fails to show how platforms like Adobe or salesforce can help simplify the landscape - non... | WHY IT MATTERS: Digital Transformation | Scoop.it

As Bill Murray would have said in Groundhog Day, 'Well, it's martech landscape day... again.' It has become an annual tradition at our spring MarTech conference to release an updated version of maybe the most infamous slide in marketing: the marketing technology landscape. We're keeping that custom alive this year again. What a crazy graphic! We nicknamed it the 'Martech 5000' a couple of years ago. While I like the ring of that — kinda rhymes with the Fortune 500 and the Inc. 5000 — it's a misnomer. Last year's landscape already exceeded 6,829 solutions. We're now up to 7,040 solutions

Farid Mheir's insight:

WHY IT MATTERS: marketing technology landscape keeps growing with new products and solutions organized in 50 categories. A must read for anyone interested in technology an or marketing. A note of care however: this illustration fails to highlight the major platforms and how, when leveraged, simplifies the technology landscape tremendously. This may require a platform-specific landscape in the future to help those organizations with such platforms as Adobe, salesforce, Dynamics and others to get a clearer picture of their real options...

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Magic Quadrant for Content #Marketing Platforms from @Gartner is a testament to the impact of #digitalTransformation in business as new tools are required to manage all these new #omnichannels and ...

Magic Quadrant for Content #Marketing Platforms from @Gartner is a testament to the impact of #digitalTransformation in business as new tools are required to manage all these new #omnichannels and ... | WHY IT MATTERS: Digital Transformation | Scoop.it

Marketing leaders must boost scale, relevance and return on content marketing investments. To meet these needs, content marketing platform vendors provide ideation, editorial planning, content sourcing and analysis capabilities. Use this research to find a CMP that drives efficiency and results.

Farid Mheir's insight:

WHY IT MATTER: if you manage a marketing team, the proliferation of channels and touchpoints that content marketing brings forwards means you now need tools to manage and coordinate your teams. Very much in line with my motto that digital transformation is equal parts technology, processes, and people...

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Marketing growth strategy: A focus on data, creativity, and credibility to change WHAT they do, WHY they do it and HOW they do it via @McKinsey #digitalTransformation

Marketing growth strategy: A focus on data, creativity, and credibility to change WHAT they do, WHY they do it and HOW they do it via @McKinsey #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

Marketing has been on the front lines of the digital revolution, but the landscape has become much more complicated, requiring a focus on marketing-growth strategy, data, and new modes of creativity

Farid Mheir's insight:

WHY IT MATTERS: marketing teams are most impacted by digital transformation. This article from McKinsey states what I see on a regular basis within marketing teams I support. They must change

- WHAT they do (more data, more science, more tech),

- WHY they do it (branding is nice but growth and top line contributions are new targets), and

- HOW they do it (leverage agile, work in small squads aligned to tribes)

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State of Digital Media 2019 highl;ights the importance of a #CDP to unify customer data in a single location via @LUMAPartners

State of Digital Media 2019 highl;ights the importance of a #CDP to unify customer data in a single location via @LUMAPartners | WHY IT MATTERS: Digital Transformation | Scoop.it

LUMA is the leading investment bank focused on digital media and marketing. We provide strategic advice, proven M&A expertise, and extensive industry knowledge to optimize outcomes for our clients.

Farid Mheir's insight:

WHY IT MATTERS: a clever overview of the digital media world that highlights the importance of digital technology and in particular of unified customer data to break down silos. Very true indeed!

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The 6 Lessons We've Learned About Product Marketing at a Startup #digitalTransformation

The 6 Lessons We've Learned About Product Marketing at a Startup #digitalTransformation | WHY IT MATTERS: Digital Transformation | Scoop.it

A look at how our product marketing teams have evolved as we've grown in order to optimize our setup and grow our products.

Farid Mheir's insight:

WHY IT MATTERS: marketing roles and responsibilities are being disrupted by digital technologies. This paper provides some great insights on how to organize and structure your marketing team from small startup to large organizations.

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Comparison of Google search results from 2013 to 2019 shows that much has changed and that the Biggest Trends in #SEO are more important than ever to make sure people find your products & services

Comparison of Google search results from 2013 to 2019 shows that much has changed and that the Biggest Trends in #SEO are more important than ever to make sure people find your products & services | WHY IT MATTERS: Digital Transformation | Scoop.it

Changes in Google mean changes to rankings, right? Not exactly. Here we will cover the biggest SEO trends that don’t affect your rankings.

Farid Mheir's insight:

WHY IT MATTERS: Google remains that lead traffic generator for most companies and websites. So it remains important to stay on top - but that does not only mean being in the #1 organic results position. With ads, products and other information snippets appearing before results, marketing teams need even more skills in their toolbox to remain relevant.

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The New Omnichannel Stack webinar from @ReadStoryGroup provides amazing insights into the marketing technology stack #greatReference

The New Omnichannel Stack webinar from @ReadStoryGroup provides amazing insights into the marketing technology stack #greatReference | WHY IT MATTERS: Digital Transformation | Scoop.it

In this recorded briefing RSG founder Tony Byrne takes you on a tour of a new reference model for the omnichannel era. Tony shows you how to guide your future stack investments towards supporting omnichannel needs, and what this means for content, data, decisions, and operations. If you manage one of these tech stacks, this is a must-see educational session.

Farid Mheir's insight:

WHY IT MATTERS: a great overview of the tech stack in marketing and how to architecture it.

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