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SAP Fuqua Marketing Forum Breakout Session 9-14-16 Fred Isbell Senior Marketing Director and Head of Thought Leadership, SAP Digital Business Services Marketing

Fred Isbell
Fred IsbellSenior Marketing Director, BMO and COO Lead, Digital Business Services and SAP HEC Marketing at SAP

Modern Marketing: Navigating a World of Digital Transformation with Innovation and Thought Leadership: The world of B2B and tech marketing is undergoing unprecedented transformation. Trends such as Digital Transformation and Innovations including Cloud, Social Media and Big Data and Analytics have redefined the landscape of marketing. The Modern Marketer must combine both art and science to meet the constantly changing needs of the services market. In this session we’ll examine the characteristics of a successful Modern Services Marketer, look at technology as a key enabler to Transformation and Innovation, and address best practices for Thought Leadership and storytelling and skills for Modern Marketing

SAP Fuqua Marketing Forum Breakout Session 9-14-16 Fred Isbell Senior Marketing Director and Head of Thought Leadership, SAP Digital Business Services Marketing

Fred Isbell
Fred IsbellSenior Marketing Director, BMO and COO Lead, Digital Business Services and SAP HEC Marketing at SAP

Modern Marketing: Navigating a World of Digital Transformation with Innovation and Thought Leadership: The world of B2B and tech marketing is undergoing unprecedented transformation. Trends such as Digital Transformation and Innovations including Cloud, Social Media and Big Data and Analytics have redefined the landscape of marketing. The Modern Marketer must combine both art and science to meet the constantly changing needs of the services market. In this session we’ll examine the characteristics of a successful Modern Services Marketer, look at technology as a key enabler to Transformation and Innovation, and address best practices for Thought Leadership and storytelling and skills for Modern Marketing

SAP Fuqua Marketing Forum Breakout Session 9-14-16 Fred Isbell Senior Marketing Director and Head of Thought Leadership, SAP Digital Business Services Marketing

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SAP Fuqua Marketing Forum Breakout Session 9-14-16 Fred Isbell Senior Marketing Director and Head of Thought Leadership, SAP Digital Business Services Marketing

  • 1. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 1Internal Run Simple. Run Live
  • 2. Navigating Digital Transformation – Meeting the Challenges of the Modern Marketer Fred Isbell SAP SE
  • 3. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 3Internal Run Simple. Run Live
  • 4. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 4Internal About Fred Isbell  Senior Director, Thought Leadership, Planning and Demand Management for SAP Digitsal Business Services Marketing  Joined SAP 2000 as Director North America SMB Channels Marketing 2000-2004  Senior Director NA Marketing and Head of Services Marketing 2004-2012  Solutions and Services Marketing Compaq Computer/Digital Equipment Corporation 1988- 2000  Senior Consultant, Burke Marketing Services and IRI 1985-1988  BA Economics & Political Science Yale and MBA Marketing Duke Fuqua School of Business; Fuqua Scholar and recipient of 2015 Fuqua Alumni Exemplary Leadership Award
  • 5. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 5Internal Agenda  Modern Marketing  Innovation Adoption 101  Thought Leadership  Digital Transformation  Navigating Innovation & Marketing Technologies  Resources, Information and Q&A
  • 6. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 6Internal The Era of the “Modern Marketer”
  • 7. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 7Internal Modern Marketing is Happening NOW Source: Scott Brinker @chiefmartec http://www.chiefmartec.com Marketing must provide the “glue” binding different parts of the company around the brand promise – and embrace five key responsibilities:  Represent the voice of the market  Synchronize the customer experience across all channels  Be the brand steward  Capitalize on insights  Be an integrator and force multiplier across the company Source: SAP Customer Engagement & Commerce (CEC)
  • 8. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 8Internal Modern Marketing Insights & Key Requirements Marketing’s Shifting Priorities Fundamental Changes in Marketing Key Drivers • Buyer Behavior: More prospect interaction is occurring online, shortening the actual time for sales engagement; the need for a digital relationship has never been more urgent • Marketing Measurement: The global economic crisis forced marketing to become more measurable, integrated, and accountable Source: SiriusDecisions Source: ITSMA Source: ITSMA Marketing must Align with SalesBuyers Journey & Resource Optimization
  • 9. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 9Internal Key Elements of “Modern Marketing” Source: SiriusDecisions
  • 10. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 10Internal The “New” Buyer’s Journey Unites and Aligns Sales and Marketing How this is different:  No implicit hand-offs between sales and marketing  Majority of exploration done on-line before talking to a sales rep  Introduces new content requirements – importance of mobile-ready content  Departure from traditional “Marketing funnel” Source: IDC 2013 Source: Kapost 2016
  • 11. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 11Internal The “Secret Sauce” Understanding Buyers Personas Defining buyer personas helps drive customer-centric innovation and go-to-market strategy Understand both New and Understood Buyer Personas and develop insights that drive and inform other activities, including messaging development, campaign design, content strategy and defining market requirements for product/solutions innovation
  • 12. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 12Internal 10 Tips for Digital Marketing Success & Modern Marketing  Think “big issues” when deciding where to focus  Identify and build out your buyer personas  Leverage social to find ideal prospects and accelerate list growth  Look for new ways to collect data that will enhance your marketing  Invest the time to map out your customer journey  Think multichannel personalization  Craft content that does more than just ask contacts to buy  Double down on improving mobile app engagement  Incorporate more video into your marketing mix  Add value to your transactional emails Silverpop's "10 Tips for Digital Marketing Success in 2016“: http://bit.ly/1TPLt4b
  • 14. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 14Internal Business & Market Context: The Pace of Change is Accelerating 0% 10% 20% 30% 40% 50% 60% 70% Pace of Change (%) Q: Has the pace of change increased for your organization? No, Not at All Yes, I Think So Absolutely 33% 61% 6% Source: Incite Marketing Customer Study, 2015
  • 15. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 15Internal Innovation Adoption 101: The Model & Segmentation Innovation Adoption:  A model that classifies adopters of innovations based on their level of readiness to accept new ideas  Innovative adoption characteristics are assigned to groups -- all innovations go through a predictable process before becoming widely adopted.  The groups consist of early adopters, early majority, late majority, and laggards Source: dictionary.com Source: Rogers, G. Moore, MIT Sloan/CAP Gemini “Crossing the chasm” Early adopters achieve: +9% revenue creation +26% impact to profitability, +12% market valuation
  • 16. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 16Internal Innovation Adoption 101: Time to Innovation Adoption Source: Rogers, Moore, McKinsey  Inflection point (curve begins to slow) = point of “critical mass”  Key -- get there quickly, whether users or product volume, etc  Failure to “cross the chasm” (Geoffrey Moore) or reach critical mass = doomed to a smaller, sub-optimal market and much smaller market share Source: “No ordinary disruption”, McKinsey, May 2015
  • 18. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 18Internal The Importance of Story Telling to Modern Marketing  Good storytelling helps cut though the clutter and overload of information  Storytelling is classic “showing” rather than “telling” and has a personal element to it that is linked to the persona of the target audience  You tell the audience the story you want them to hear – not relying upon them to piece together the elements of the story  You build a narrative told by you in a coherent and compelling narrative  Use the “Pixar format” – a setup, a challenge and a resolution Pixar’s Andrew Stanton TED Talk on Storytelling: https://www.ted.com/talks/andrew_stanton_the_clues_to_a_great_story?language=en Story Telling Infographic: http://nurturenow.lookbookhq.com/2016- nurture-touch-4/infographic
  • 19. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 19Internal Thought Leadership Two-Minute Drill Thought Leadership Sits at the Pinnacle of a Successful Content Marketing Strategy Source: Forrester 2013 “Thought leadership is not a one man show .. it is a virtual team and not a formal organizational structure” Thought leadership takes a team of the best minds in the organization (and beyond) Source: Sirius Decisions Develop a Thought Leadership Platform Source: Forrester SAP Programs Model IDC Buyers Journey Forrester Customer Life Cycle Thought Leadership is great storytelling delivered across the buyers journey and customer lifecycle w/ focus early on and mostly in a digital and/or off-line format Updated 7-11-16  Definition: A thought leader is an individual or firm that is recognized as an authority in a specialized field and whose expertise is sought and often rewarded  Timing: Tied to the awareness and consideration phase of the Buyer’s Journey and (sometimes) pre-demand generation and always before purchase phase  Format: Usually Before a prospect or customer engages a sales person, and often digital in format Thought Leadership maturity varies from organization to organization and is dynamic and consistently evolving; SAP is on the upper-end of Thought Leadership maturity in our industry along with IBM, CISCO, and others ITSMA Thought Leadership Maturity Model “The purpose and process of thought leadership is widely misunderstood and misapplied, causing mixed results” -- SiriusDecisions
  • 20. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 20Internal SAP Customer Success: The Digitalist  SAP platform for Thought Leadership and Executive Research  BLOG contributions from internal and external thought leaders  Executive Quarterly tablet magazine  Executive Research including white papers, infographics and more  All shared & promoted through social media marketing  2M+ page views YTD, 900K unique visitors Executive Research Executive Quarterly Tablet Thought Leadership BLOGS www.digitalistmag.com Social Media Sharing
  • 22. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 22Internal Why Do We Need to Respond to New Technology and Innovations? Bill McDermott SAP CEO May 2015 "Innovation has created a digital economy and digitization is affecting all businesses and all industries. So how do you make this transition to digital? Simple. Every business in here today is in a state of transformation”.
  • 23. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 23Internal Digital Transformation – a Definition
  • 24. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 24Internal Digital Transformation: The common issues we hear
  • 25. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 25Internal SAP Digital Business Framework
  • 27. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 27Internal My Information Technology (IT) Journey & Navigation IBM 3270 Terminal c.1982 Compaq “Portable” c. 1983 Tech Stack c.2015 Desktop, Laptop & iPAQ PDA c. 1998
  • 28. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 28Internal IDC Perspective: Adoption of 3rd Platform Technologies Enterprises are using 3rd platform technologies to create value and competitive advantage through new offerings, new business models, and new relationships Source: IDC
  • 29. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 29Internal Cloud Abundance of cost- effective computational power and storage Social Connected business and social networks Big Data Real-time analytics for behavioral and predictive insights More than 60% of CEOs expect 15-50% of their earnings growth in the next 5 years to come from technology-enabled business innovations. – McKinsey study, 2013 ” “ Innovation Technologies Will Drive Digital Transformation Internet of Things (IoT) Machine to Machine communications and sensor-based Data
  • 30. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 30Internal SAP Customer Success: McLaren
  • 31. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 31Internal SAP Customer Success: MIT Migration to Suite on HANA in the HANA Enterprise Cloud (HEC) builds foundation for  Real-time access to transactional data  HANA Cloud Platform (HCP)  SAP Fiori  SAP S/4 Enable a flexible staffing model to rapidly gain access to specialized technical skills and quickly respond to community needs  Enable staff to focus on MIT-specific, differentiated needs  Disaster Recovery (DR) availability outside of Boston metro area  Improved performance
  • 32. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 32Internal SAP Customer Success: NHL.com Real-time Statistics w/ SAP HANA Enterprise Cloud (HEC):  NHL.com powered by SAP HANA Enterprise Cloud, SAP analytics and data visualization  Goal: increase fan engagement & deepen loyalty  Includes new design, introduction of enhanced statistics & visualization capabilities  Playoff prediction tool/bracket challenge  Strong results: • 98 years worth of NHL statistics • 25% increase in new visitors since the new stats section was launched • 45% increase in time and engagement on site NHL Customer Testimonial Video
  • 33. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 33Internal SAP Customer Success: Internet of Things (IoT)  Kaeser Kompressoren – air as a service  Mercedes-AMG – engine testing in real-time linking testing applications to SAP analytics  CenterPoint Energy -- smart metering for a North American leader in energy distribution  Honda R&D -- connected cars & using sensors and IoT for a sense-and- respond paradigm to increase efficiency
  • 34. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 34Internal Navigating the Marketing Technology Landscape Focus your Learning & Development upon:  Customer Relationship Management (CRM)  Marketing Automation  Marketing Dashboards  Digital Media  Big Data and Analytics  Data Visualization  Predictive Analytics Source: Scott Brinker @chiefmartec http://www.chiefmartec.com and Lumascape  The number of marketing solutions doubled year over year (YoY) -- 3,874 marketing technology solutions  ~3,500 unique vendors  Up from ~350 in 2012 my first Fuqua Marketing Conference
  • 35. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 35Internal SAP is a long-time trusted leader in transforming businesses
  • 36. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 36Internal Upcoming SAP Events at Fuqua  SAP Corporate Education Session sponsored by the Fuqua Marketing Club – Tuesday September 20th 6:00 PM  AWIB Women in Technology Breakfast Wednesday September 21st  SAP Keynote at Fuqua High Tech Symposium Wednesday September 21st  SAP Recruiting Session Thursday September 21st 1:30 PM
  • 37. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 37Internal Resources & More Information  SAP.com: www.sap.com  SAP Community Network (SCN): scn.sap.com  SAP Digitalist: digitalistmag.com  SAP Digital Business Services on sap.com: www.sap-digital-business- services.com/
  • 38. © 2014 SAP SE or an SAP affiliate company. All rights reserved. 38Internal Discussion and Q&A
  • 39. © 2014 SAP SE or an SAP affiliate company. All rights reserved. Thank You! Fred Isbell Senior Director, SAP Digital Business Service Marketing fred.isbell@sap.com www.sap.com/services Twitter: Fmisbell Facebook: Fred M Isbell Linked In: www.linkedin.com/pub/fred- isbell/0/827/903Edit