The big data bubble in marketing — but a bigger future

Let’s face it: marketing is in a big data bubble. That’s both a “big data” bubble and, more generally, a big “data” bubble. Everyone is talking about data, big data, data analytics, big data analytics. Vendors, analysts, consultants, pundits, bloggers, etc., are all falling all over themselves to squeeze these terms into their propaganda content marketing. As just one example, three out of the Top 10 predictions for CMOs by IDC revolve around data. How …

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Big Data, Big Testing, Big Experience

50% of all new marketing hires will be technical

“Starting in 2013, after the CMO realizes that he/she does not have the skill sets in place for data analytics proficiency, 50% of new marketing hires will have technical backgrounds.” That is prediction #5 on IDC’s Top 10 CMO Predictions for 2013, released last week by analysts Rich Vancil and Kathleen Schaub. I dream about bold declarations like that from mainstream analysts, validating the central hypothesis of this blog: marketing is now a technology-powered discipline, …

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Art, Copy, Code, Data

New species of marketers in the marketing kingdom

“As a marketer, you have two choices: adapt and survive, or stand still and die. The ones who do the first the best will emerge at the top of the marketing food chain.” That’s the concluding quote from Gord Hotchkiss’s latest article on MediaPost: Evolving On The Fly: Growth Hackers, Agile Marketers, Bayesian Strategists And CMTs. Gord’s Search Insider column is my weekly go-to source for big picture thinking in the evolution of marketing. This …

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Marketing Punctuated Equilibrium

The drama that swirls around data in marketing

Great article in The New York Times this past weekend, Can Social Media Sell Soap?, sheds some light on the war in marketing between the “humanists” of Don Draper’s world and the “quants” of the digital marketing revolution. The essence of the story: data-driven marketing is incredibly promising, but it is not all-powerful. Those who polarize themselves into one camp or the other, rather than seeking the best of both worlds, find themselves on precarious …

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Marketing services and technology M&A increased 67% in 2012

The Jordan, Edmiston Group, Inc. (JEGI) investment bank released their report of 2012 M&A deals in media, information, marketing, and technology sectors last week. Overall, the number of deals and the total value of deals were way up — a 50% increase in the number of deals and a 43% increase in total value over 2011. A few highlights worth calling attention to: The sector with the largest number of deals and the highest total …

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A striking example of the power and peril of data

Here’s a parting story from 2012 that I think sets the stage for a major theme of 2013: data has power. Last week a newspaper in New York published an interactive map of gun permit owners in Westchester and Rockland counties. It made it effortless for anyone to see who has a gun permit in their neighborhood, with names and addresses. While this is not the first time such information has been put online, this …

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5 thoughts on Oracle’s acquisition of Eloqua for $871 million

Wow, this certainly tops off a spectacular year in the marketing technology space: yesterday, Eloqua announced that it was being acquired by Oracle for $871 million. Reflecting on this last night, five thoughts came to mind: Thought #1: Congratulations First, big congratulations to Joe Payne, Steven Woods, and the rest of the Eloqua team! I’ve been a big fan of Steven’s thinking around digital body language for many years. They’ve done an amazing job of …

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How a marketing technologist says “Happy Holidays”

It’s been a great year — and a busy one — for everyone in the marketing technology space. And all indications are that next year will be even more of a rocketship. For now though, I just want to say thank you for reading and contributing to this blog this year. The exchange of ideas that we’ve shared over the past 12 months has been very inspiring to me. Reflecting back on the year, these …

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Why this CMO loathes marketing plans (interview)

One of my favorite marketers in the Boston area is Frank Days. He’s super smart, speaks his mind, and is a great champion of innovation in the marketing department. He was one of the early pioneers of agile marketing, implementing it at Novell several years ago and sharing his experience with others. So I was excited to finally catch up with him for an interview on some of his current thinking about agile marketing. You …

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Agile marketing in 20 slides and 5 minutes (video)

“What the heck is this agile marketing thing people keep talking about?!” If that question is on your mind — and you aren’t familiar with agile software development, from which its ideas sprang — this 5 minute video will give you the quick lowdown. It was recorded at the ASAE’s technology conference earlier this month in an “ignite talk” format — 20 slides, 15 seconds per slide auto-advancing, 5 minutes total. (I’m not sure who …

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