Creating communities of consumers around your brand and a community-first culture in your company, will transform loyalty programs into authentic relationships with your customers. And changing consumer needs will force brands to adapt as power dynamics evolve.
Accenture Song research showed that in an unstable world, core consumer buying habits are affected by constant catastrophic crises. One result is the ‘Great Cancellation’ as consumers cut-back in the cost-of-living crisis; and another is their need to feel part of something meaningful – providing brands with an opportunity to provide some stability to consumers through creating communities for them to feel belonging.
The brand benefit, reports Accenture Song, is to grow your customer base by building communities to connect directly with customers, co-creating new products and services that are based on their choices. “In an unstable world, people seek out places where they feel they belong. As a result, next-gen brands will be built as communities first, reshaping loyalty and brand participation.”
CMO Council has been exploring the evolution of branding and consumer analytics for two decades. The rich repository of research reports, innovation, curated case studies, thought leadership and programs provides a global industry archive of intellectual property unrivalled in the marketing sector for brands.
Strategic Interest Groups
The Strategic Interest Groups (SIGs) are CMO Council collaborations and partnerships to create centers of excellence to deep dive into industry intelligence for marketing leaders.
- The Brand Intelligence Center: On social media and elsewhere, brand marketers are in a pitched battle for share-of-voice and to ride a rise in demand. Data gleaned from social media campaigns, including dark ads, shed light on what’s happening today and what’s trending tomorrow, while AI extracts actionable insights that brand marketers can take to produce immediate results.
- Brand Inspiration Center: A partnership of the CMO Council and the Association For Print Technologies — a knowledge base of 13,000 suppliers dedicated to increasing the performance and effectiveness of the marketing demand chain.
- Geo Branding Center: The GeoBranding center explores the world of marketing through the lens of individual countries and cultures. Through the exploration of topics such as economic development and its impact on tourism; the branding of places of origin as it relates to the promotion of individual products, global events that draw diverse crowds from around the world, and the impacts and ramifications of travel restrictions, trends and cultural shifts.
- Customer Experience Board: The Customer Experience Board is addressing the critical need for communications service providers to optimize customer experience and heighten retention in a highly convergent, competitive, and demanding customer market.
- CauseTech: A global community of innovators come together to solve the world’s most pressing challenges. Members of our community contribute their technologies, ideas, and innovations towards UNICEF-directed challenges through our ideation platform.
MORE: Strategic Interest Groups
Reports
- Bridging the Gap for Comms and Marketing - Building Cohesion in the Age of Customer Disruption: Digital media now singularly impacts buying decisions and how consumers feel about brands, only amplifying the importance of consistent messaging across media channels and especially with earned media. Yet too many brands are dissatisfied with their earned media performance due largely to problems arising from misalignment between marketing and comms. DOWNLOAD: Become a member to download
- National Brands Kickstart Local Demand: When local businesses stumble, a national brand’s revenue tumbles. A third of national marketers say 40% or more of their company’s revenue comes from local business partners, yet less than 30% of small businesses have fully recovered. This study by the Chief Marketing Officer Council, in partnership with BrandMuscle, takes a close look at what it takes to get local businesses up to speed. DOWNLOAD FREE
- Embrace Meaningful Personalization to Maximize Growth: Consumers want to be heard, understood and respected. They don’t care about your customer experience — they want meaningful, personalized, human experiences. In this report, from our partners at Deloitte Digital, learn how savvy CMOs and CXOs are building durable business advantages and increased customer loyalty through experience personalization. DOWNLOAD FREE
MORE: A Purpose-led Approach to Business
Webinars
MORE excellent evergreen content from the CMO Council’s previous publication, Peer Sphere. READ HERE
Louise has 25 years’ experience in B2B publishing as an award-winning editor, columnist and journalist on media brands in Africa; also working with brands/NGOs as a content strategist. She is currently Editorial Director of the CMO Council; lectures in Marketing & Advertising Communications at Red & Yellow School of Creative Business in Cape Town, SA; and writes and edits retail brand blog RetailingAfrica.com. She holds a Masters in Commerce: Strategy and Organisational Dynamics, from University of KwaZulu Natal, in conjunction with Copenhagen Business School in Denmark and UK Open University.