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The Future of
Marketing
The future is already here it
just isn’t equally distributed.
William Gibson, Author & Futurist
@msweezey
The following presentation is an
overview of the future of marketing deduced from
13,000 consumer interviews
1.4 billion ecommerce visits
11,000 brand interviews
Showing you the future through the eyes of what
high performing marketing organizations are
doing today and where your consumers are already
going
TREND ONE:
TAKES ON A NEW ROLE
MARKETING
80% of customers
say the experience a
company provides is
as important as its
products and
services.
Consumers want
better experiences
Source: State of the Connected Customer 2018
PERSONAL IS A
CONSUMER MANDATE
Currently 76% OF ALL CONSUMERS
EXPECT PERSONAL EXPERIENCES
Two-thirds of consumers say they’re likely to
switch brands if they’re treated like a number
instead of an individual
Source: State of the Connected Customer 2018
As of 2018 High performing
marketing orgs are 9.7X more
likely to create personal
omnichannel experiences
Source: Salesforce State of Marketing 2018
OLD MARKETING ROLE:
Marketing was the creator of content, leads,
and the owner of brand image.
THE FUTURE REQUIRES A
NEW MARKETING ROLE:
Marketing becomes the owners and
sustainers of the entire customer
experience from awareness to
advocacy.
TREND TWO:
MARKETING LEADS
COLLABORATION
BETWEEN ALL DEPARTMENTS
54% OF HIGH PERFORMING
MARKETING ORGANIZATIONS
Lead customer experience across the
business
Source: Salesforce State of Marketing 2018
Marketing must become the bridge
builder between departments ensuring a
cohesive customer experience.
Diane Magers, CEO at Customer Experience Professionals
Association
“
”
As of 2018 only 33% of marketing teams
share a common goal or metric with their
sales counterparts.
Marketing + Sales
BECOME A HAPPY COUPLE
Source: Salesforce State of Marketing 2018
At current growth rates it will reach 66% by 2025.
Currently only 1/3 of marketing teams
suppress messages to customers with
open service issues
By 2025 it is estimated that 2/3 of brands will
have a fully integrated marketing and service
team with common metrics, goals, and
programs.
Marketing + Service/Support
Source: Salesforce State of Marketing 2018
TREND THREE:
THE NEXT HURDLE
Data
& Opportunity on the horizon
It’s difficult to imagine the power that
you’re going to have when so many
different sorts of data are available.
@msweezey
“
”Sir Tim Berners-Lee– Know As The
Creator of the World Wide Web
45DATA SOURCES
BY 2025
THE FUTURE IS
MORE DATA
Brands plan to be using 15 data
sources on average in 2019.
At current growth rates it is
easy to see the average brand
using close to 45 data sources
by 2025. Source: Salesforce State of Marketing 2018
Collection:
Basic demographic
data is collected, but
not centralized
across the
organization.
Currently 16% of all
businesses fall in
this category.
Data
Empowers :
A complete and
connected view of
each customer is
the fuel powering
light AI to create
next best offers, as
well as prove
marketing returns.
Data Transforms :
Data shifts from a measuring
tool to a guiding light,
Advanced AI surfaces new
business opportunities,
personas, and creates
bespoke customer journeys.
Only 8% of businesses are
here today.
Data Use Maturity Model
Data Set
Grows:
Next brands begin
to gather more
data including
behavioral data,
2nd and 3rd party
data. Some data
sets may connect
but not all, and no
single customer
view.
High Performing marketing organizations
use on average 15 tools to create a
cohesive customer experience.
Data sources are only one of the
issues….there is also the number of tools
in their marketing stacks.
With 15 data sources, and
dozens of tools marketers
will be facing an
IDENTITY CRISIS.
Not their own, rather keeping up
with a single individual across
the tools, channels, and data
sets.
TOP FUTURE
USE CASE FOR DATA YOU
MAY NOT EXPECT
In the future data + AI will automatically
identify new audiences and buyer personas in
your network, automatically creating
segmentations for you. Opening up brands to
niche personas they would have never seen
otherwise.
AUTOMATED AUDIENCE
DISCOVERY
& SEGMENTATION
TREND THREE:
PERMISSION
BECOMES PARAMOUNT AS
CONSUMERS
DEMAND MORE PERSONAL
EXPERIENCES
The need for permission has only
increased as consumers have
adopted more channels, and now
have more alternatives.
“
”– Seth Godin, Permission Marketing
50%
Of all consumers will give up
personal data in exchange for
Personal
discounts and
offers
Personal shopping
experience either
instore – or online
Better product
recommendations
inline with needs
Value and
Transparency: To
gain their explicit permission
you must ask, and to make
that exchange provide them
with value. Brands able to
show over time how they
have used personal data are
able to build more trust and
gain more access.
Ownership: It is the
consumers data. Brands
who easily allow their
customers to access their
data, and control it are
able to reach the peak of
consumer trust with their
data.
Explain:
Explaining how you
plan to use personal
data, showcase
experiences you can
create with It, and
explain how you plan
to protect it. This is
the foundation of trust
to gain consumer
data.
Trust Maturity Model
TREND FOUR:
Becomes a key
Brand Attribute
Real Time
GENERAL
CONSUMERS
expect brands to
engage with them in
real time.
64%OF CONSUMERS
Source: Salesforce State of The Connected Customer
80%
OF BUSINESS
BUYERS EXPECT
REAL TIME
B2B
BUYERS
expect brands to
respond and engage
them in real time
too.
Source: Salesforce State of The Connected Customer
In 2018 3,500 marketers said
‘Engaging in Real Time’ is their
number one CHALLENGE AND
OPPORTUNITY.
Source: Salesforce State of Marketing 2018
HIGH PERFORMERS
ACHIEVE IN REAL TIME
@msweezey
HP are 8.1X more likely to
be able to create the right
experience on right channel,
at the right time.
8.1X
MORE LIKELY TO BE
ABLE TO ENGAGE IN
REAL TIME
Source: Salesforce State of Marketing 2018
Real time takes on a new meaning when each experience isn’t
just delivered in real time, they are created for each person in
real time, driven from infinite data, and created by artificial
intelligence to match the context of the relationship at that
moment.
REAL TIME IS A KEY PART
OF BRAND IDENTITY.
IN THE FUTURE ALL EXPERIENCES
WILL BE BESPOKE & IN REAL TIME
TREND SIX:
Becoming the tool enabling
Real Time at scale
AI Fades Into
The Background
HIGH PERFORMERS
LEVERAGE AI MORE
@msweezey
Total use of AI reached 29%, a
40% increase from 2017. Still that
is not evenly distributed as High
Performers are 2.7X more likely to
use AI.
40%
YOY Growth in use of
AI by all marketers
Source: Salesforce State of Marketing 2018
• One Off Tools
• Large investment
• Solving Big Problems
• Usage Low
• Add on to Existing Tools
• Easily added on to
existing products
• Significant Returns
• Used to solve tactical
problems
• Adopted by 30%
• Baked In To All Solutions
• AI fades into the
background
• Becomes digital assistant
• Brands can’t compete with
out it
EARLY
STAGE
CURRENT
STAGE
FUTURE
STAGE
ARTIFICIAL INTELLIGENCE
MATURITY PATH
2012
2019
2025
WITHOUT AI REAL TIME MARKETING
IS ONLY A PIPE DREAM.
TODAY ARTIFICIAL INTELLIGENCE
IS BEST PRACTICE. BY 2025 IT WILL
BE A BASE LINE TECHNOLOGY
TREND FIVE:
Empowers Consumers
Not just brands
Artificial Intelligence
Source: Salesforce Holiday Flash Report
BY 2025 95% OF ALL
CONSUMER
INTERACTIONS
With a brand will be via artificial
intelligence as AI becomes a
standard consumer application.
Source: FORBES 10 Customer Experience Implementations Of Artificial Intelligence
Consumers trust
brands with their
data more when
they….
86%
88%
91%
92%
Explain how
data improves
their experience
Ask for
permission to
use the data
Are transparent
on how they use the
data
Give control
over what data is
collected
Source: State of the Connected Customer 2018
TOP THREE USER CASES CONSUMERS
SEE FOR BOTS
Source: 2018 State of Chatbot Report produced by DRIFT
TREND SIX:
Marketers Next
Big Channel
Bots Become
BY 2025 1/8
OF ALL PEOPLE
on the planet will be using a Virtual
Digital Assistant
- Source: Financedigest AIi-will-power-95-of-customer-interactions-by-2025
BOTS DRIVE
CONVERSATION
& CONVERSION
Brands leveraging chatbots have
already seen them become their
number one lead generation
source.
Ralph (The Lego Bot) Drove 25%
of all 2017 online holiday sales.
AI will show
marketers where
issues are with
their journeys,
and even how to
fix them.
BOTS
OPTIMIZE
JOURNEYS
FOR YOU
If you add a conversation to the
journey at this point you will increase
odds of winning by 25%
Journeys which start
out with this content
deliver 14% more
leads.
This email has
a broken link.
TREND SEVEN:
VOICE IS ONLY THE
BEGINNING
of experience
The end is a new kind
38% of all shoppers have
used voice for purchasing,
searching, or checking prices in
the past three months
72%OF CONSUMERS
USING VOICE
DO SO DAILY
VOICE
BECOMES
DAILY HABIT
THIS TREND WILL
ONLY INCREASE IN
THE FUTURE
Source: Google Think
With the rise of voice,
AI, and chatbots
WEBSITES AS WE
KNOW THEM WILL
BE GONE IN FIVE
YEARS.
They will be replaced with
conversational interfaces like this
one.
TREND SEVEN:
New Marketing Roles create need for new
marketing valuation models
Reporting Value
WHILE 72% of
MARKETERS SAY
THEY TRACK
REVENUE
GROWTH
ONLY 25% OF
MARKETERS ARE
MORE THAN
‘SOMEWHAT
CONFIDENT’ IN THEIR
REPORTING ABILITY.
SOURCE: Nielsen.
THE NEED TO FIND BETTER
WAYS OF SHOWING VALUE IS
LEADING 79% OF MARKETERS
PLAN TO INCREASE SPENDING ON ANALYTICS IN
2019
“ROI is an efficiency metric. If can only show
how efficiently you spent your money, not how
effective your marketing was.”
@msweezey
Dominique Hassans – Former CEO of The Marketing Science Institute, Professor at UCLA
Weighted Pipeline
shows the total volume,
velocity, and efficiency
of your demand flow. It
allows marketers to
show their efforts on
future revenue.
Customer
Satisfaction High
Performing Marketing
organizations are 1.4X
more likely to track
customer satisfaction
scores
Lifetime Customer
Value High performing
marketing organizations are
2X more likely to track LCV.
Better Marketing Metrics
CONCLUSION
Isn’t far away
THE FUTURE
THE FUTURE REQUIRES A
NEW MARKETING ROLE:
Marketing becomes the owners and
sustainers of the entire customer
experience from awareness to
advocacy.
54% OF HIGH PERFORMING
MARKETING ORGANIZATIONS
Lead customer experience across the
business
Source: Salesforce State of Marketing 2018
28DATA SOURCES
BY 2025
THE FUTURE IS
MORE DATA
Brands plan to be using 15 data
sources on average in 2019.
At current growth rates it is easy to see
the average brand using close to 30
data sources by 2025.
Source: Salesforce State of Marketing 2018
50%
Of all consumers will give up
personal data in exchange for
Personal
discounts and
offers
Personal shopping
experience either
instore – or online
Better product
recommendations
inline with needs
HIGH PERFORMERS
ACHIEVE IN REAL TIME
@msweezey
HP are 8.1X more likely to
be able to create the right
experience on right channel,
at the right time.
8.1X
MORE LIKELY TO BE
ABLE TO ENGAGE IN
REAL TIME
Source: Salesforce State of Marketing 2018
In the future data + AI will automatically
identify new audiences and buyer personas in
your network, automatically creating
segmentations for you. Opening up brands to
niche personas they would have never seen
otherwise.
AUTOMATED AUDIENCE
DISCOVERY
& SEGMENTATION
FUTURE MARKETING METRICS
THE THREE FUTURE METRICS ALL MARKETERS MUST MASTER ARE
Future of Marketing

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Future of Marketing

  • 2. The future is already here it just isn’t equally distributed. William Gibson, Author & Futurist @msweezey
  • 3. The following presentation is an overview of the future of marketing deduced from 13,000 consumer interviews 1.4 billion ecommerce visits 11,000 brand interviews Showing you the future through the eyes of what high performing marketing organizations are doing today and where your consumers are already going
  • 4. TREND ONE: TAKES ON A NEW ROLE MARKETING
  • 5. 80% of customers say the experience a company provides is as important as its products and services. Consumers want better experiences Source: State of the Connected Customer 2018
  • 6. PERSONAL IS A CONSUMER MANDATE Currently 76% OF ALL CONSUMERS EXPECT PERSONAL EXPERIENCES Two-thirds of consumers say they’re likely to switch brands if they’re treated like a number instead of an individual Source: State of the Connected Customer 2018
  • 7. As of 2018 High performing marketing orgs are 9.7X more likely to create personal omnichannel experiences Source: Salesforce State of Marketing 2018
  • 8. OLD MARKETING ROLE: Marketing was the creator of content, leads, and the owner of brand image.
  • 9. THE FUTURE REQUIRES A NEW MARKETING ROLE: Marketing becomes the owners and sustainers of the entire customer experience from awareness to advocacy.
  • 11. 54% OF HIGH PERFORMING MARKETING ORGANIZATIONS Lead customer experience across the business Source: Salesforce State of Marketing 2018
  • 12. Marketing must become the bridge builder between departments ensuring a cohesive customer experience. Diane Magers, CEO at Customer Experience Professionals Association “ ”
  • 13. As of 2018 only 33% of marketing teams share a common goal or metric with their sales counterparts. Marketing + Sales BECOME A HAPPY COUPLE Source: Salesforce State of Marketing 2018 At current growth rates it will reach 66% by 2025.
  • 14. Currently only 1/3 of marketing teams suppress messages to customers with open service issues By 2025 it is estimated that 2/3 of brands will have a fully integrated marketing and service team with common metrics, goals, and programs. Marketing + Service/Support Source: Salesforce State of Marketing 2018
  • 15. TREND THREE: THE NEXT HURDLE Data & Opportunity on the horizon
  • 16. It’s difficult to imagine the power that you’re going to have when so many different sorts of data are available. @msweezey “ ”Sir Tim Berners-Lee– Know As The Creator of the World Wide Web
  • 17. 45DATA SOURCES BY 2025 THE FUTURE IS MORE DATA Brands plan to be using 15 data sources on average in 2019. At current growth rates it is easy to see the average brand using close to 45 data sources by 2025. Source: Salesforce State of Marketing 2018
  • 18. Collection: Basic demographic data is collected, but not centralized across the organization. Currently 16% of all businesses fall in this category. Data Empowers : A complete and connected view of each customer is the fuel powering light AI to create next best offers, as well as prove marketing returns. Data Transforms : Data shifts from a measuring tool to a guiding light, Advanced AI surfaces new business opportunities, personas, and creates bespoke customer journeys. Only 8% of businesses are here today. Data Use Maturity Model Data Set Grows: Next brands begin to gather more data including behavioral data, 2nd and 3rd party data. Some data sets may connect but not all, and no single customer view.
  • 19. High Performing marketing organizations use on average 15 tools to create a cohesive customer experience. Data sources are only one of the issues….there is also the number of tools in their marketing stacks.
  • 20. With 15 data sources, and dozens of tools marketers will be facing an IDENTITY CRISIS. Not their own, rather keeping up with a single individual across the tools, channels, and data sets.
  • 21. TOP FUTURE USE CASE FOR DATA YOU MAY NOT EXPECT
  • 22. In the future data + AI will automatically identify new audiences and buyer personas in your network, automatically creating segmentations for you. Opening up brands to niche personas they would have never seen otherwise. AUTOMATED AUDIENCE DISCOVERY & SEGMENTATION
  • 23. TREND THREE: PERMISSION BECOMES PARAMOUNT AS CONSUMERS DEMAND MORE PERSONAL EXPERIENCES
  • 24. The need for permission has only increased as consumers have adopted more channels, and now have more alternatives. “ ”– Seth Godin, Permission Marketing
  • 25. 50% Of all consumers will give up personal data in exchange for Personal discounts and offers Personal shopping experience either instore – or online Better product recommendations inline with needs
  • 26. Value and Transparency: To gain their explicit permission you must ask, and to make that exchange provide them with value. Brands able to show over time how they have used personal data are able to build more trust and gain more access. Ownership: It is the consumers data. Brands who easily allow their customers to access their data, and control it are able to reach the peak of consumer trust with their data. Explain: Explaining how you plan to use personal data, showcase experiences you can create with It, and explain how you plan to protect it. This is the foundation of trust to gain consumer data. Trust Maturity Model
  • 27. TREND FOUR: Becomes a key Brand Attribute Real Time
  • 28. GENERAL CONSUMERS expect brands to engage with them in real time. 64%OF CONSUMERS Source: Salesforce State of The Connected Customer
  • 29. 80% OF BUSINESS BUYERS EXPECT REAL TIME B2B BUYERS expect brands to respond and engage them in real time too. Source: Salesforce State of The Connected Customer
  • 30. In 2018 3,500 marketers said ‘Engaging in Real Time’ is their number one CHALLENGE AND OPPORTUNITY. Source: Salesforce State of Marketing 2018
  • 31. HIGH PERFORMERS ACHIEVE IN REAL TIME @msweezey HP are 8.1X more likely to be able to create the right experience on right channel, at the right time. 8.1X MORE LIKELY TO BE ABLE TO ENGAGE IN REAL TIME Source: Salesforce State of Marketing 2018
  • 32. Real time takes on a new meaning when each experience isn’t just delivered in real time, they are created for each person in real time, driven from infinite data, and created by artificial intelligence to match the context of the relationship at that moment. REAL TIME IS A KEY PART OF BRAND IDENTITY. IN THE FUTURE ALL EXPERIENCES WILL BE BESPOKE & IN REAL TIME
  • 33. TREND SIX: Becoming the tool enabling Real Time at scale AI Fades Into The Background
  • 34. HIGH PERFORMERS LEVERAGE AI MORE @msweezey Total use of AI reached 29%, a 40% increase from 2017. Still that is not evenly distributed as High Performers are 2.7X more likely to use AI. 40% YOY Growth in use of AI by all marketers Source: Salesforce State of Marketing 2018
  • 35. • One Off Tools • Large investment • Solving Big Problems • Usage Low • Add on to Existing Tools • Easily added on to existing products • Significant Returns • Used to solve tactical problems • Adopted by 30% • Baked In To All Solutions • AI fades into the background • Becomes digital assistant • Brands can’t compete with out it EARLY STAGE CURRENT STAGE FUTURE STAGE ARTIFICIAL INTELLIGENCE MATURITY PATH 2012 2019 2025
  • 36. WITHOUT AI REAL TIME MARKETING IS ONLY A PIPE DREAM. TODAY ARTIFICIAL INTELLIGENCE IS BEST PRACTICE. BY 2025 IT WILL BE A BASE LINE TECHNOLOGY
  • 37. TREND FIVE: Empowers Consumers Not just brands Artificial Intelligence
  • 39. BY 2025 95% OF ALL CONSUMER INTERACTIONS With a brand will be via artificial intelligence as AI becomes a standard consumer application. Source: FORBES 10 Customer Experience Implementations Of Artificial Intelligence
  • 40. Consumers trust brands with their data more when they…. 86% 88% 91% 92% Explain how data improves their experience Ask for permission to use the data Are transparent on how they use the data Give control over what data is collected Source: State of the Connected Customer 2018
  • 41. TOP THREE USER CASES CONSUMERS SEE FOR BOTS Source: 2018 State of Chatbot Report produced by DRIFT
  • 42.
  • 43. TREND SIX: Marketers Next Big Channel Bots Become
  • 44. BY 2025 1/8 OF ALL PEOPLE on the planet will be using a Virtual Digital Assistant - Source: Financedigest AIi-will-power-95-of-customer-interactions-by-2025
  • 45. BOTS DRIVE CONVERSATION & CONVERSION Brands leveraging chatbots have already seen them become their number one lead generation source. Ralph (The Lego Bot) Drove 25% of all 2017 online holiday sales.
  • 46. AI will show marketers where issues are with their journeys, and even how to fix them. BOTS OPTIMIZE JOURNEYS FOR YOU If you add a conversation to the journey at this point you will increase odds of winning by 25% Journeys which start out with this content deliver 14% more leads. This email has a broken link.
  • 47. TREND SEVEN: VOICE IS ONLY THE BEGINNING of experience The end is a new kind
  • 48. 38% of all shoppers have used voice for purchasing, searching, or checking prices in the past three months
  • 49. 72%OF CONSUMERS USING VOICE DO SO DAILY VOICE BECOMES DAILY HABIT THIS TREND WILL ONLY INCREASE IN THE FUTURE Source: Google Think
  • 50. With the rise of voice, AI, and chatbots WEBSITES AS WE KNOW THEM WILL BE GONE IN FIVE YEARS. They will be replaced with conversational interfaces like this one.
  • 51. TREND SEVEN: New Marketing Roles create need for new marketing valuation models Reporting Value
  • 52. WHILE 72% of MARKETERS SAY THEY TRACK REVENUE GROWTH ONLY 25% OF MARKETERS ARE MORE THAN ‘SOMEWHAT CONFIDENT’ IN THEIR REPORTING ABILITY. SOURCE: Nielsen.
  • 53. THE NEED TO FIND BETTER WAYS OF SHOWING VALUE IS LEADING 79% OF MARKETERS PLAN TO INCREASE SPENDING ON ANALYTICS IN 2019
  • 54. “ROI is an efficiency metric. If can only show how efficiently you spent your money, not how effective your marketing was.” @msweezey Dominique Hassans – Former CEO of The Marketing Science Institute, Professor at UCLA
  • 55. Weighted Pipeline shows the total volume, velocity, and efficiency of your demand flow. It allows marketers to show their efforts on future revenue. Customer Satisfaction High Performing Marketing organizations are 1.4X more likely to track customer satisfaction scores Lifetime Customer Value High performing marketing organizations are 2X more likely to track LCV. Better Marketing Metrics
  • 57. THE FUTURE REQUIRES A NEW MARKETING ROLE: Marketing becomes the owners and sustainers of the entire customer experience from awareness to advocacy.
  • 58. 54% OF HIGH PERFORMING MARKETING ORGANIZATIONS Lead customer experience across the business Source: Salesforce State of Marketing 2018
  • 59. 28DATA SOURCES BY 2025 THE FUTURE IS MORE DATA Brands plan to be using 15 data sources on average in 2019. At current growth rates it is easy to see the average brand using close to 30 data sources by 2025. Source: Salesforce State of Marketing 2018
  • 60. 50% Of all consumers will give up personal data in exchange for Personal discounts and offers Personal shopping experience either instore – or online Better product recommendations inline with needs
  • 61. HIGH PERFORMERS ACHIEVE IN REAL TIME @msweezey HP are 8.1X more likely to be able to create the right experience on right channel, at the right time. 8.1X MORE LIKELY TO BE ABLE TO ENGAGE IN REAL TIME Source: Salesforce State of Marketing 2018
  • 62. In the future data + AI will automatically identify new audiences and buyer personas in your network, automatically creating segmentations for you. Opening up brands to niche personas they would have never seen otherwise. AUTOMATED AUDIENCE DISCOVERY & SEGMENTATION
  • 63. FUTURE MARKETING METRICS THE THREE FUTURE METRICS ALL MARKETERS MUST MASTER ARE