customer journey officer – the new cmo | michael lazerow – chief strategy officer, salesforce...

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CUSTOMER JOURNEY OFFICER - THE NEW CMO Michael Lazerow Chief Strategy Officer @lazerow

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Surprising and delighting your customers is foundational to marketing, but focusing only on campaigns to achieve this can create disconnect with customers. Companies must make the most out of every customer interaction by transforming single moments into personalized journeys. The CMO is now the Customer Journey Officer, whose role is to define and optimize the customer journeys across ALL touch points – marketing, sales, service & product experience.

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Page 1: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

CUSTOMER JOURNEY OFFICER - THE NEW CMO

Michael Lazerow

Chief Strategy Officer

@lazerow

Page 2: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

SAFE HARBORSafe harbor statement under the Private Securities Litigation Reform Act of 1995:

This presentation may contain forward-looking statements that involve risks, uncertainties, and assumptions. If any such uncertainties materialize or if any of the

assumptions proves incorrect, the results of salesforce.com, inc. could differ materially from the results expressed or implied by the forward-looking statements we

make. All statements other than statements of historical fact could be deemed forward-looking, including any projections of product or service availability, subscriber

growth, earnings, revenues, or other financial items and any statements regarding strategies or plans of management for future operations, statements of belief, any

statements concerning new, planned, or upgraded services or technology developments and customer contracts or use of our services.

The risks and uncertainties referred to above include – but are not limited to – risks associated with developing and delivering new functionality for our service, new

products and services, our new business model, our past operating losses, possible fluctuations in our operating results and rate of growth, interruptions or delays in our

Web hosting, breach of our security measures, the outcome of any litigation, risks associated with completed and any possible mergers and acquisitions, the immature

market in which we operate, our relatively limited operating history, our ability to expand, retain, and motivate our employees and manage our growth, new releases of

our service and successful customer deployment, our limited history reselling non-salesforce.com products, and utilization and selling to larger enterprise customers.

Further information on potential factors that could affect the financial results of salesforce.com, inc. is included in our annual report on Form 10-K for the most recent

fiscal year and in our quarterly report on Form 10-Q for the most recent fiscal quarter. These documents and others containing important disclosures are available on the

SEC Filings section of the Investor Information section of our Web site.

Any unreleased services or features referenced in this or other presentations, press releases or public statements are not currently available and may not be delivered

on time or at all. Customers who purchase our services should make the purchase decisions based upon features that are currently available. Salesforce.com, inc.

assumes no obligation and does not intend to update these forward-looking statements.

Page 3: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THANK YOU!

Page 4: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

#1Salesforce:

World’s #1 CRMCloud Computing Market Share

#1World’s Most Innovative Company2011, 2012, 2013

#1

Market Leader:

Enterprise, MidMarket,

SMB & Sales Force

Automation

#1

#1 in Cloud Computing and CRM

Page 5: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

1%

Time Equity

Product

624,000+Hours

Service

$65M+Grants

22,000+Non-profit

Organizations

1/1/1 Model

Adopted by

Page 6: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

LAN/WAN

Client

Server

Millions

SNA

Mainframe

Terminal

Thousands

LTE

Cloud

Social . Mobile . Cloud . Connected

50 Billion Connected “Things”THIRD WAVE OF COMPUTING:

“INTERNET OF THINGS”

Page 7: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
Page 8: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

46%

increase in mobile

commerce

35%

of online traffic

30%

of purchases

HOLIDAY SHOPPING Q4 2013 VS PRIOR YEAR

E-Commerce Pulse data for the 2013 holiday seasonIBM Digital Analytics Benchmark (10/1/13 through 12/31/13), Jan. 2, 2014.

Page 9: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

MOBILE ALMOST AS UBIQUITOUS AS TV% of

Population

Global Users (MMs)

SOURCE: Mary Meeker Internet Trends 2014

Page 10: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

MOBILE IS NOT JUST AN ENTERTAINMENT DEVICE!

Page 11: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
Page 12: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

New York-RenoAugust 1, 2013

Page 13: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

New York-RenoAugust 1, 2013

Page 14: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
Page 15: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE SWISS ARMY KNIFE FOR MODERN LIFE

% of time

spent in

mobile

SOURCE: Flurry Analytics, April 2014.

Page 16: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

A GAME CONSOLE IN YOUR POCKET

SOURCE: Flurry Analytics, April 2014.

Time spent on iOS and Android devices

Gaming 32%

Page 17: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

A PARTY IN YOUR POCKET

SOURCE: Flurry Analytics, April 2014.

Time spent on iOS and Android devices

Social apps 28%

Gaming 32%

Page 18: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE RAPID RISE OF THE MOBILE ADDICT

SOURCE: Flurry Analytics, April 2014.

Worldwide daily app usage distribution (Millions)

Regular Users

Super

Users

Page 19: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE RAPID RISE OF THE MOBILE ADDICT

SOURCE: Flurry Analytics, April 2014.

Worldwide daily app usage distribution (Millions)

Regular Users

Super

Users

Page 20: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE RAPID RISE OF THE MOBILE ADDICT

SOURCE: Flurry Analytics, April 2014.

Worldwide daily app usage distribution (Millions)

Regular Users

Super

Users Addicts

Page 21: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

WOMEN OVER INDEX AS “MOBILE ADDICTS”

SOURCE: Flurry Analytics, April 2014.

Mobile Addicts vs. Average Mobile Users (by

Gender)

Average

Mobile

User

Males

Female

s

Page 22: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE BATTLE FOR THE MOBILE ADDICT IS ON

SOURCE: Flurry Analytics, April 2014.

Mobile Addicts vs. Average Mobile Users

Femal

esSports fan

Gamer

Parent &

education

Moms

Page 23: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE BATTLE FOR THE MOBILE ADDICT IS ON

SOURCE: Flurry Analytics, April 2014.

Mobile Addicts vs. Average Mobile Users

MalesFemal

esSports fan

Gamer

Parent &

education

Moms

Gamer

Parent &

educationAuto

enthusiast

Catalogue

shopper

Page 24: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

YET MARKETERS JUST STARTING TO “MOBILIZE”

Global Users (MMs)

SOURCE: Mary Meeker Internet Trends 2014

% of time spent in media vs % of advertising spend

Page 25: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

WELCOME TO THE REWIRING OF MARKETING

Page 26: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Internet of Customers Has Changed Marketing Forever

Consumer

Fragmented 1:Many Anonymous

Customer

Seamless 1:1 True identity

Page 27: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Internet of Customers Has Changed Marketing Forever

Consumer

Fragmented 1:Many Anonymous

Customer

Seamless 1:1 True identity

Cookies & Pages People & Connected Products

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Page 35: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
Page 36: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

WELCOME TO THE REWIRING OF GLOBAL BUSINESS

Page 37: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

WELCOME TO THE REWIRING OF GLOBAL BUSINESS (AND THE CUSTOMER IS AT THE CENTER!)

Page 38: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Buzzfeed

• 130MM UVs (3X Y/Y)

• 50%+ mobile

• 75% social

• 50%+ age 18-34

• $100MM+ revs

SOURCE: Mary Meeker Internet Trends 2014

News

Page 39: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Sky Does Minecraft

• 10MM subscribers

• 2B views

• Zero overhead

• Direct relationship with

customers and brands

Entertainment

Page 40: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Uber

• 43% of population now

served in just 4 years

• 20,000 jobs created every

month

• $90,766 (NYC) median

income

• Contributes $2.8B/yr to U.S.

economy

• $18.2B valuation

Transportation

SOURCE: Uber blog (http://blog.uber.com/uberimpact)

Page 41: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
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Page 43: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
Page 44: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

IT’S DIFFICULT.

Page 45: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

SOURCE: Exact Target Marketing Cloud / Deloitte “Bridging the Digital Divide” report. April 2014.

Page 46: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

of companies lack an

in-depth

understanding of their

customers

IBM Study of 1,700 CMOs

“From Stretched to Strengthened”

MOST COMPANIES

FEEL UNPREPARED

66%

Page 47: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

SOURCE: REDITT, The Illusion of Choice.)

Page 48: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Do you know your customers?

#1

Page 49: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Do you know where they are in their journey?

#2

Page 50: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Do you have a strategy to move them along in their journey?

#3

Page 51: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Are you able to measure the business impact?

#4

Page 52: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE CMO IS NOW THE CUSTOMER JOURNEY OFFICER!

Page 53: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Job description

To define and optimize the

customer journeys across ALL

touch points – marketing,

sales, service & product

experience.

Do you know your customer?

Do you know where they are in their journey?

Do you know the next step for customer?

Can you measure the business impact?

Meet the Customer Journey Officer

Page 54: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

MARKETING IS THE

JOURNEY.

AND THE JOURNEY IS

MARKETING.

Page 55: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THE CUSTOMER

CHOOSES WHEN TO

START THE JOURNEY.

Page 56: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

HOW THEY WANT TO

TRAVEL ON THE

JOURNEY WITH YOU.

Page 57: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

AND WHEN TO END IT.

Page 58: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

AND THEY EXPECT YOU TO BE

THERE EVERY STEP OF THE

WAY – WITH DIRECTIONS,

ASSISTANCE AND

ASSURANCES THAT YOU WILL

BE THERE AFTER THE

PURCHASE.

Page 59: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

-Twitter CEO Dick Costolo(1/8/14)

“CRM and advertising are coming together in one-to-one marketing.”

Page 60: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Behind every is a customer. app

device

tweet

sale

app

post

service call

comment

entry

click

Page 61: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

MARKETING’S “LAW OF 1”

SIZE OF CUSTOMER

SEGMENTS WILL

CONTINUE TO DECREASE

UNTIL THEY REACH 1.

Page 62: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
Page 63: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

FUNNELS ARE

THE

AMUSEMENT

PARK CAKES

OF YOUR

MARKETING

DEPARTMENT.

Page 64: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

THEY TASTE

GOOD BUT

LEAVE YOUR

MARKETING

DEPARTMENT

SLUGGISH

AND BLOATED.

Page 65: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

CUSTOMER EXPERIENCE

MANAGEMENT IS DEAD.

Page 66: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

CUSTOMERS AREN’T

MANAGED. CUSTOMERS

MANAGE YOU.

Page 67: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

SONY BUILDS A SINGLE VIEW OF THEIR CUSTOMERS

Launched PS4 & player community

Complete visibility into the customer journey

Engaging and publishing relevant content across mobile, social and in-game experience

Page 68: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
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SONY VIDEO:

HTTPS://WWW.YOUTUBE.COM/WATCH?V=XNHBUUG-

O18

Page 74: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

This just in …

Page 75: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

Personalized clothing service runs its entire business on mobile

Employee mobile app gives stylists insight into member interest, preferences, and fits

Integrated sales, service & marketing provides unified view of the customer

TRUNK CLUB CONNECTS CUSTOMERS & EMPLOYEES WITH MOBILE APPS

“We’re using technology that enables rich one-to-one relationships. Our entire company is built around making every interaction feel human”- Brian Spaly, CEO

Page 76: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

TRUNK CLUB VIDEO:

HTTP://WWW.SALESFORCE.COM/CUSTOMERS/STORIES/

TRUNK-CLUB.JSP

Page 77: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

• Largest U.S. Online Job Site: More than 24M users/month

• 24/7 notifications of new positions on mobile devices

• Unified marketing efforts and 1,000+ sales reps

• Report $8M annually ROI from Salesforce efforts

REIMAGINING THE CAREER SITE THROUGH A CUSTOMER-CENTRIC VISION

“To win in today’s marketplace you have to have a centralized consistent experience from every touch point you have with your customers.”

Jamie Womack, VP Corporate Marketing

Page 78: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

CAREERBUILDER VIDEO:

HTTPS://WWW.YOUTUBE.COM/WATCH?V=RCPYIFDML20

&LIST=PLHYDWFM-

NBDSD4H6HQPGJFF1IQ4T3BOP8&INDEX=8

Page 79: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

CUSTOMERS ARE ON A JOURNEY WITH YOUR BRAND

Page 80: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

“We need to better serve our current

customers, and increase our share of wallet.”better serve our current customers

First

Purchase

Repeat

Purchase

Loyal

Customer

Anonymous

Browsers

Page 81: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

ACLPV: Average Customer Lifetime Purchase Value

Page 82: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud
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THE PURCHASE IS NOT

THE END OF THE

JOURNEY. IT’S JUST

ANOTHER STOP ON WHAT

YOU HOPE WILL BE A

LONG AND PROFITABLE

JOURNEY.

Page 85: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

DATA FUELS THE JOURNEY.

Page 86: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

CONTENT IS THE VEHICLE

CUSTOMERS RIDE ON THEIR

JOURNEY WITH YOU.

Page 87: Customer Journey Officer – The New CMO | Michael Lazerow – Chief Strategy Officer, Salesforce Marketing Cloud

MICHAEL LAZEROWChief Strategy Officer, Salesforce Marketing

Cloud

@lazerow

salesforce.com