Is your marketing department taking advantage of MOM and MRM? Do you have BAM and DAM systems in place? Do you know how to measure NPV? Do you even know what I'm talking about?
If so, you may not be a "Quant" (a marketing scientist or specialist in marketing analytics) but you're certainly ready to seize a leadership role and spur your company into the new world of Marketing Operations.
Marketing Operations (AKA MOM or Marketing Operations Management) seeks to improve performance and measure ROI through sustainable processes, best practices and clearly-defined metrics. Admired technology companies (like Intel, IBM and Adobe) are hiring VP or director-level individuals to refine and fine-tune their marketing organizations to run with an operational focus. Market research firms like Gartner and Forrester are also rolling out new research services with a heavy focus on Marketing Operations. And the first U.S. conference on Marketing Operations was held in New York this past May.
Marketing operations tackles:
(1) measuring the performance of marketing effectiveness;
(2) ensuring appropriate marketing organization;
(3) deploying marketing processes, tools and infrastructure;
(4) managing marketing skill development; and
(5) building a sense of community across the marketing discipline.
Why should you care?
For starters, Marketing Operations is a great vehicle for becoming more strategic and less buried in task. It equips you to talk the language that C-level executives appreciate, take control of your destiny and ultimately become more valuable to your organizations. Best of all, you can address head-on the issues that affect you directly and also represent corporate America's biggest challenges, including how to:
(1) define meaningful success metrics from which performance can be measured (one type of measure, NPV or Net Present Value, calculates the present value of an investment's future net cash flows minus the initial investment);
(2) optimally leverage resources in increasingly thinner marketing departments (MRM or Marketing Resource Management focuses on workflow, role definition, project management, planning, budgeting and other resource allocation strategies);
(3) more effectively manage shared knowledge so insight is retained even after key employees move on, enabling more informed decision-making (knowledge management strategies include BAM or Brand Asset Management, and DAM or Digital Asset Management); and perhaps most importantly
(4) replicate successful marketing programs so marketing best practices are institutionalized (and you aren't).
Gary M. Katz, APR, is president and CEO of CommPros Group, a Santa-Clara, Calif.- based firm that provides marketing operations services to help companies leverage their marketing investment, plus a variety of outsourced marketing program management services to support lean marketing departments. Gary is a 23-year veteran in the technology industry where he directed has corporate marketing, communications, public relations, lead generation and qualification, investor relations, and employee communications programs. He has served as director of communications for ShoreTel, director of corporate marketing for Aplix Corporation, senior manager of corporate communications for Insignia Solutions, and also worked with a variety of public relations and marketing communications agencies. A past president of Silicon Valley PRSA, he holds a master's degree in organization development from the University of San Francisco and a BA degree in public relations from San Jose State University.
For more information, visit CommPros Group at http://www.commprosgroup.com
![]() |
|
![]() |
|
![]() |
|
![]() |
You enjoy what you do. In fact, you love your... Read More
Where Do Most of Your Clients Come From?Is it from... Read More
Every January, trade publications put out a list... Read More
A powerful consumer market with annual spending power exceeding $350... Read More
What's your USP? Don't know, or worse still, you've never... Read More
Rest assured that no matter how smart you are, you... Read More
Everything you do - or don't do sends a message... Read More
The highly entertaining Donald Trump's search for an apprentice turned... Read More
In previous articles under "Meaning and Marketing", we have learned... Read More
If this is the first marketing article you are reading,... Read More
Wondering how to get new patients into your practice? Wondering... Read More
Telemarketing has its place in the marketing arsenal. But telespammers... Read More
If you want your marketing to be effective, you absolutely... Read More
Now that you have had a chance to create a... Read More
In virtually any business first impressions are lasting impressions. Most... Read More
As best you can, answer the following twenty-five questions. There's... Read More
Is your business experiencing a summer time slump? Traditionally only... Read More
Strategy #1: Change Your Mindset That's right, change your mindset!... Read More
Great graphic design looks effortless, but it requires lots of... Read More
I'm a marketing consultant and at one of my client-companies,... Read More
Today I want to share a question from a reader... Read More
Relevant, original and impactful: that's what my friend Creative Director... Read More
What Stands Between You and Writing an Artist Statement or... Read More
You've heard variations of that saying your entire life. Consider:... Read More
Is your marketing plan dull, flat, and downright boring? Is... Read More
Do you ask prospective clients to go too far?Must your... Read More
There is no shortage of marketing programs, many with great... Read More
The customer is king/queen. We have all heard this mantra.... Read More
Who says scientists can't market? Here are 10 easy marketing... Read More
As we study the demographic regional variations for small service... Read More
Heavily branded websites like amazon.com are household names and carry... Read More
Motivating strangers to give their money away is one of... Read More
If you're reading this article, chances are that you, like... Read More
If you are operating a business from your home and... Read More
One of the most common issues I'm asked about is... Read More
Have you ever put on a jacket you haven't worn... Read More
With the increase in number of tradeshows being held across... Read More
The marketing decisions you make for your new business are... Read More
Voice Mail is a classy name for "answer Machine". Problem... Read More
Networking on the Internet is the same as networking in... Read More
Some people use the words "client" and "customer" interchangeably or... Read More
Three seconds. That's what you have to convey your message.... Read More
Color is one of the most difficult parts of a... Read More
To help promote your small business or professional practice, consider... Read More
Promotions are everything you do to let your customers know... Read More
Trade Shows are lots of work, but they can generate... Read More
Popular TV Series Provides a Powerful Marketing LessonSmall Business owners... Read More
Everywhere you go on the Internet you find the words,... Read More
It's a startling fact: almost all entrepreneurs aren't marketing their... Read More
Business startup and failure rates are scary...In The USA...- Every... Read More
Owning a small business isn't easy, especially if you are... Read More
Marketing expert and author, Geoffrey Moore, has a useful fill-in-the-blank... Read More
Direct marketing can make you very successful, but you've got... Read More
While I am not talking about the movie "Matrix", you... Read More
12/20/04According to a recent article by ComScore Networks, about three-quarters... Read More
The job of convincing your existing customers to spend higher... Read More
Almost everyone who dreams of starting their own business is... Read More
How Much Is Your Popcorn Worth?: Powerful Lessons In Marketing... Read More
Tactical marketing processes are once again undergoing fundamental shifts from... Read More
In my e-book "Articles That Sell", I've shared the secret... Read More
Do you know what Howard Stern... Oprah Winfrey... and Paul... Read More
When studying the demographics of an area for a business... Read More
This list has been compiled as a result of years... Read More
Think the best way to get more customers is to... Read More
"Try not to become a man of success but rather... Read More
You're probably thinking, here we go again somebody is trying... Read More
Marketing |