In companies, just like with ballplayers, the ability to stand the test of time and build something bigger and lasting is what defines greatness.
Roger Maris held the Major League Baseball home run record for nearly four decades. But, Roger Maris is not in the National Baseball Hall of Fame. Surrounding Maris' magical season of 1961 are many good, but not great, years - and a few mediocre ones as well. Maris lacked the kind of sustained excellent that it takes to reach the pinnacle of recognition in his field.
In companies, just like with ballplayers, the ability to stand the test of time and build something bigger and lasting is what defines greatness. The problem is that people in business, just like in sports, are playing their version of fantasy baseball. From most industry studies the average CMO lasts less time in "office" than the commander in chief does in a given elected term.
When people are measured and incented by a good quarter it can skew the way they make decisions. Bringing this home to search and its highly performance-driven nature, it can lead to decisions made for the short term instead of playing the long game. There are a number of areas where brands should already be playing a long game, but here are three big ones:
For several years, digital Paul Revere's have been sounding the cry for mobile. Now it's growing bigger and faster than most brands could have imagined and few are ready. In search, the percentage of queries coming from mobile devices is close to one-quarter, and for some types of queries mobile now comprises the majority of searches being done. Brands should be buying mobile terms in mobile-distinct campaigns. The long game will be understanding the mobile purchase funnel and how to invest and message in order to facilitate the new consumer behavior.
The most important aspect for a brand when it comes to search is not what they pay or where they are positioned, but what the relevant content is that they serve up at that moment of connection with a consumer. With multiple device types and platforms, the challenge is increasing for brands to maintain a relevant connection. Just like the early days of digital when brands tried to throw :30 commercials online and pass them off as "online video," the short-term problem for brands is treating desktop-native content as if it's viable on mobile and tablet. The long game here is to diversify where possible, and over time, find a way to deliver the right complementary content for each device type to once again move people through the purchase funnel.
For everyone's sake in Redmond, WA and those who want competition to continue in search, it's vitally important for Bing to continue to play a long game. It's been a money-losing venture from the outset for Microsoft, but there's continuing growth in volume, and as mobile grows, especially with Windows 8 coming this fall, this is a company that needs sustained greatness in the search space. It's important for brands to understand that in the future consumers will be connected via a unified ID across devices. That makes content synchronization essential and it makes the potential of a Microsoft solution pool via Xbox in the living room, Windows on the PC, and the Windows 8 mobile experience both exciting and essential for planning against.
If you wanted a single season to remember Roger Maris, the '61 season might be the one you would choose. But if you want sustained excellence, you might look across the outfield that year in the old Yankee Stadium to the left fielder. Playing the final years of his career out of his normal position, the player never hit even half the home runs in any given season that Maris did. Yet, he won three MVPs, went to 12 All-Star games, and is a Hall-of-Famer. That player is Yogi Berra. The long-time catcher for the Yankees played for 20 seasons. Maris was a very good player and for a two-year span he was the back-to-back MVP and the best in the game. But, it's the sustained excellence and longevity of Berra that allows him to be remembered as a Hall-of-Famer.
Join the Industry's Leading eCommerce & Direct Marketing Experts in Chicago
ClickZ Live Chicago (Nov 3-6) will deliver over 50 sessions across 4 days and 10 individual tracks, including Data-Driven Marketing, Social, Mobile, Display, Search and Email. Check out the full agenda and register by Friday, Oct 3 to take advantage of Early Bird Rates!
Chris Copeland is chief executive officer of GroupM Next, the forward-looking media innovation unit of GroupM. Chris is responsible for curating and communicating insight-focused media solutions across established and emerging platforms. Leveraging his multi-year experience with emerging media companies, Chris is tasked with stewarding GroupM Next in partnership with agency leadership from GroupM's four media marketing and marketing service agencies (Maxus, MEC, MediaCom, and Mindshare). The focus is participating with those companies leading changes that most impact consumer media consumption, brand favorability, and purchase behavior.
Guiding the Predictive Insights, Technology, Research, and Communications teams at GroupM Next, Chris is responsible for overseeing the amplification of insights into opportunities that directly benefit the business of GroupM agencies and their clients. GroupM is the world's largest media investment management group and the media holding arm of WPP. Together, GroupM agencies represent almost $30 billion in overall North American billings (RECMA).
Chris helped guide the development of GroupM Next, which was established to deliver the best thinking and new insights from within the GroupM community. The unit also focuses on technology innovation connecting all media channels, but especially, online, social, mobile, and addressable.
Chris was selected to lead GroupM Next after nine years of leading the search marketing practice within GroupM. Among his accomplishments are the development and integration of the global search marketing offering for GroupM agencies, GroupM Search, which managed $1.3 billion in search billings globally and grew to more than 1,000 search marketing strategists serving 40 countries. In 2009, Chris created the research division of GroupM Search and developed research studies that deepened the understanding of consumer behavior across search and social media for leading brands and garnered global traction - most notably: The Influenced: Social Media, Search, and the Interplay of Consideration and Consumption; The Virtuous Circle: The Role of Social Media in the Purchase Pathway;and From Intent to In-Store: Search's Role in the New Retail Shopper Profile.
Chris entered the digital industry in 1996 when he joined search marketing agency WGI (later acquired by Tempus Group). He has been with the WPP and GroupM family of companies since 2000 when, recognizing search as an emerging media channel with incredible potential for brands, WPP acquired Tempus Group and CIA, and ultimately rebranded the search marketing agency as Outrider. As senior partner and managing director of Outrider, Chris delivered on GroupM's vision for the channel, leading the organization to 500 percent growth with global presence over five years, and establishing award-winning search marketing strategies that have become industry-wide best practices. In 2002, Chris successfully implemented the integration of search into the cross-channel media planning process at MEC, creating the first search marketing practice to sit within a media communications and planning company. In 2007, he guided the business expansion of search marketing practices into all GroupM agencies. In 2009, Chris was named CEO of GroupM Search, where he was responsible for driving global search strategy for the organization, while fostering the innovative application of search as an integrated channel. In his role, Chris also provided digital strategy counsel for clients, including AT&T, Dell, Audi, Volkswagen, and more.
Chris is an active member on advisory boards at the 4A's, Google, Yahoo, MSN, and I-COM. He is a frequent speaker in global forums discussing the digital marketplace and how the space is evolving, and serves as a regular resource to national and industry press. Chris contributes editorial commentary regularly to Advertising Age, ClickZ, MediaPost, and MediaBizBloggers.com. In fall 2013, Chris was honored as an inductee into the ClickZ Digital Hall of Fame.
IBM Social Analytics: The Science Behind Social Media Marketing
80% of internet users say they prefer to connect with brands via Facebook. 65% of social media users say they use it to learn more about brands, products and services. Learn about how to find more about customers' attitudes, preferences and buying habits from what they say on social media channels.
An Introduction to Marketing Attribution: Selecting the Right Model for Search, Display & Social Advertising
If you're considering implementing a marketing attribution model to measure and optimize your programs, this paper is a great introduction. It also includes real-life tips from marketers who have successfully implemented attribution in their organizations.
October 23, 2014
1:00pm ET/10:00am PT