the marketing and finance connection

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The Marketing and Finance Connection Liz Matthews Executive Director Corporate Brand and Purpose @LizziMatt

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Marketing has become the intersection of art and science. Five tips for talking to the CFO. Presentation by Liz Matthews, the Executive Director of Corporate Brand and Purpose for Dell. Original presentation from an event hosted by the Austin chapter of the American Marketing Association.

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Page 1: The Marketing and Finance Connection

The Marketing and Finance Connection Liz Matthews Executive Director Corporate Brand and Purpose @LizziMatt

Page 2: The Marketing and Finance Connection

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75% want Brands to use personal info to improve their experience.

Source: Sirius Decisions, Forrester, Gartner, Kapost, McKinsey, PwC, Google/Ipsos

90% trust recommendations.

93% of B2B customers conduct their research on the internet leveraging search, video and social content.

12 content tactics Brands use to target and reach potential customers.

47% Nurtured leads make larger purchases than non-nurtured leads.

42% conduct a search using their mobile devices while in stores considering a purchase.

67% Buyer’s journey is now done digitally.

65% Abandon if the digital channel does not quickly provide what they want.

60% interact with brands in multiple channels.

79% use a smartphone to help with shopping.

Customers have re-defined how they engage with brands.

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This is changing the face of marketing…

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Conversion

Programmatic Content

CRM

SEO Marketing Automation

Social media

Gamification

Omni-channel

ROI

DMP

BI

Community

Personalization

Brand perception Emotional

connection

Big data

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Marketing has become the intersection of art and science.

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It is changing who we are having the conversation with.

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The CFO • Their role is evolving –

from number cruncher to big-picture thinker

• More than just managing the numbers to actually becoming one of managing expectations

• 50% say the #1 way they contribute is to advocate for growth-seeking breakthroughs

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So what if you have to talk to the CFO?

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Walk in their shoes. • Build relationships • Find common objectives • Create an open-book mindset

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• Focus on ROI – categorize the “soft” metrics

• Look at acquisition and retention • Balance short term and long term

Focus on the metrics that matter.

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Don’t get too hung up on the numbers. • Don’t get caught in ”direct-attribution”

• Numbers tell a story, but they may create the false illusion of cause and effect

• Keep it simple

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• Data-driven approach to procurement

• Look for points consolidation – even outside of marketing

• Collaborate

Look at savings as well as spending

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Tell a story – bring them on your journey. • Walk them through the entire effort –

not just the metrics • Have clear objectives and outcomes • Listen – some of the best ideas come

from outside of marketing!

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• Focus on the metrics that matter.

• Walk in their shoes.

• Don’t get too hung up on the numbers.

• Look at savings as well as spending.

• Bring them on your journey.

Page 15: The Marketing and Finance Connection

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Grazie

σας ευχαριστώ

Děkuji

谢谢

ありがとう

dank u

Danke

תודה

शुक्रिया

감사합니다

Obrigado

Gracias

Спасибо

Tack

ขอบคุณ

teşekkür ederim

cảm ơn bạn

Go raibh maith agat

Thank you! @LizziMatt

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Merci