Jim Joseph

The Milltown Partners team put together their latest analysis of investor communications trends, diving deep into this year's Midas List data and exploring how investors are communicating - channels, content, media strategy and more. Get the summary here - https://lnkd.in/eh9KeXe5

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https://lnkd.in/gSNGxFQp The Spencer Stuart annual CMO Tenure Study offers compelling insights into the evolving role and stability of CMOs, particularly noting the tenure stabilization at 4.2 years for Fortune 500 CMOs. It's intriguing that B2B CMOs tend to have longer tenures compared to their B2C counterparts, with 4.5 years versus 4.0 years respectively. This difference likely reflects the distinct challenges and market dynamics each sector faces. The study also highlights the increasing trend of CMOs taking on broader responsibilities and the significant number of first-time CMOs being promoted internally, suggesting a strong emphasis on leadership development and succession planning within organizations. It is great to see that women now represent half of Fortune 500 CMOs. I believe it's important now for companies to turn their attention to improving development and support systems for diverse high-potential leaders. #CMOtenure #B2BMarketing #Leadership #WomeninMarketing

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Nerd alert 🤓 Has your PR team ever told you that your press release received a bazillion impressions and an ad equivalent of a gazillion dollars? Check out my take on (actually) measuring the success of your earned media programs. How are you defining PR wins?

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I love a hot take on what many consider a broken pitch process, and even better that this one includes tangible tips. My reactions: 1️⃣ “Make pitches shorter.” No question that prolonged searches have gotten out of hand. But IMO, the suggested 2-3 weeks isn’t enough time to get to know each other and for clients to avoid making a snap decision. Anyone can be on their best behavior for 2 weeks. 2️⃣ “Act like you’re already working together.” This one fix alone - providing more access to the clients and opportunities to build chemistry - will address most of the common problems with reviews. That said, agencies need to avoid the temptation to turn each touch point into a pitch. 3️⃣ “Treat each other like partners, not prospects.” Nobody likes agency reviews. Except search consultants like myself—what can I say, we’re a unique breed. But the process is a whole lot better if both sides approach it with the same qualities they expect from their client-agency partnerships: Transparency. Empathy. Respect. TLDR: My favorite part of this piece is that it acknowledges that agencies have a role in fixing what’s broken. As I posted just last week: “While I agree that many agency searches leave lots of room for improvement, at least part of the onus lies with the agencies.”

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Exciting news for all digital marketers and advertisers! 🎉 Join Jacek Chrusciany and Adfidence for the #CampaignSetup Day NYC where you'll learn cutting-edge strategies for optimizing your campaign setups. Led by industry experts, this event is perfect for anyone looking to enhance their advertising performance. Don't miss this opportunity to gain valuable insights that will pay dividends! Learn more and register here: Campaign Setup Day NYC: https://lnkd.in/eQ2HymAF #DigitalMarketing #AdTech #CampaignSetup #AdFidence

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💡 #Brands Take note how the #NYPost mitigated #cookiepocalypse risk by using Aqfer's identity resolution tech, informed by Prohaska Consulting. In a post 3rd party cookie 🍪 world killer content and segmentation hooked to an adtech #frankenstack results in risk & loss. Pubs and brands need their own 1st party IDR systems to avoid fragmented customer views that result from multiple ID providers & other partners who are all hooked to each other in an attempt to create their own scale. This many-to-many-middlemen scenario has plagued adtech from the start. The result is redundancy, media waste, inconsistent customer experiences and inaccurate measurement. Think of Aqfer IDR like Data tech’s version of SPO 😉 #DPO, enabling clients like the NYPost, to get a single, deduplicated, omnichannel view of their customers. More here - https://lnkd.in/ggjDGWn5 https://lnkd.in/gTNURTu2

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An evolving digital landscape has led to some new stategies for how communicators can most successfully manage the reputation of the brands they represent -- Ronn Torossian, 5WPR Chairman and Founder, 5WPR https://odwpr.us/44DT29H

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Sixty years ago Marshall McLuhan made the bold suggestion that the Medium is the Message. I wonder what he'd say about today's media-fragmented society? To simplify McLuhan's theory: He argued the way we communicate a message (the channel) has a direct impact on how that message is received. In The Wall Street Journal this morning Suzanne Vranica writes about how brands are moving away from television advertising and redirecting those dollars to mediums that are more relevant to targeted audiences like TikTok. It's clear that Prime Time television in the U.S. is no longer "must see TV" but when advertisers leave it then decline is inevitable. The same thing happened to another medium - newspapers. In a mass media world, should the medium be dictated by what entertains the masses most? I worry that if we continue to go down that road the result will be little more than dumb show and noise. It all makes me think about this Edward Albee quote from "Who's Afraid of Virginia Woolf": "Dashed hopes and good intentions. Good, better, best, bested” In this instance, prime time TV was once good, then cable came along and was better, eventually we had streaming and social media and some thought that was best. In the end maybe all it has amounted too is the message (and maybe truth) getting bested. If you want to be part of the conversation on attaining Relevance with key stakeholders subscribe to The Relevance Report. Subscribe on LinkedIn https://lnkd.in/dqccYc9z #BeRelevant #PublicRelations

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As CMOs, we're constantly navigating the dynamic landscape of marketing. The latest Nielsen 2024 Annual Marketing Report underscores the necessity of a balanced media mix and provides us with pivotal insights for our strategies moving forward. Below are my 5 key takeaways – let's discuss! ⬇️ 🌟 In a promising shift, 72% of #marketers anticipate larger ad budgets this year, a significant rise from 64% last year – and a testament to our industry's resilience and growth potential. 💻 Globally, marketers are planning to allocate over 63% of their ad budgets to digital channels in 2024, including social media, search, online video, and digital display. The effectiveness of these channels is undeniable – here’s to you, PAN Team Marketing. 📈 Investment in brand-building marketing is essential for brands to drive revenue growth and achieve holistic success. While some media buying plans may not support full-funnel ROI, we as marketers need to be conscious of the disconnect between our objectives and KPIs and adapt. 🔑 As a true fan of the “awareness phase” it’s great to see Nielsen report on upper-funnel marketing, and how it’s critical for long-term and full-funnel #ROI. Balancing our strategies by including both brand building and performance marketing will be key. 💡 We should always ensure our measurement tactics are complete and aligned with our strategic goals. This will enhance our overall effectiveness – there is always room for improvement! ➡️ TL;DR: Advertising budgets are growing, and with that growth comes increased opportunity to stand out across your media channels. That's why a multi-channel media approach that includes measurement across the full marketing funnel is the goal for so many. Any recent insights that have caused you to rethink upcoming or current strategies? I'd love to hear! ⬇️ 

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While I can’t speak to the legitimacy of the accusations herein, this is still a worrying situation for advertisers everywhere. Publications whose reputations are staked on their image of legitimate business are not what many may expect to be perpetrators of MFA Ad fraud. That being said, we can better understand ad fraud by looking at the incentive changes on the supply side of these AdTech deals. Ad fraud particularly harms multicultural publishers, as their reach and impact receive decreased impact when improperly assigned to Ad spaces. #AdFraud #AdTech #ProgramaticSupplyChain

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💰Capitalism is complicated 🤑 It’s expanded economic opportunity for a variety of groups, but it also serves a system of oppression in itself. Now, more than ever before in capitalist history, consumer buying power is more diverse as communities of color are looking to engage with brands that make them feel seen, heard and valued. And they are ready to intentionally make choices of where NOT to spend their money when they don’t see themselves included in a brand's marketing. Whatever you believe the role of government should be in supporting communities, corporations do have a place and responsibility to the constituents, customers, stakeholders and importantly the employees they serve. Corporations that prioritize #culturalcompetency, not just diversity, will lead financial performance, consumer loyalty, employee satisfaction and corporate brand reputation. ++++++ Hi 👋🏽 I’m Mariam, founder of Chatterbox Consulting, an #inclusivemarketing and communications consultancy for brands who won’t keep quiet. I specialize in helping brands create business impact, build communities and drive engagement by authentically centering, celebrating, and serving the needs of underrepresented audiences. 💌Reach out & #LetsChat about how to evaluate and create culturally competent content and campaigns for your brand.

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This year's presidential election is set to disrupt the advertising landscape like never before. With consumer emotions already running high, digital advertisers are bracing for unprecedented challenges. My latest article on Forbes explores: 💰 The surge in political ad spending and its impact on competition, cost, and inventory 🌐 Shifts in consumer media consumption habits 🎯 Strategies to help your brand stay ahead of the game Prepare now to safeguard your brand and drive success through the election cycle. #DigitalAdvertising #ElectionYear #Marketing #BrandResilience #Media Forbes Agency Council

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To AI or not to AI, that is the question echoing across the marketing realm. 🤔 Dive into the debate with CMI's latest article dissecting the strategies of brands like Dove and Brandtech Group. Should your brand shout its AI and marketing plan to the world? Learn more: https://lnkd.in/gNNRfbKj #AIinMarketing #BrandStrategy

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From early adoption to ethical applications, three of WE’s leaders - Nitin Mantri, Laura Gillen and Tiffany Cook – unpack our latest #WEBrandsinMotion research, on how brands must bridge the AI expectation gap, with PRWeek.

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Big step forward for dentsu Creative as Abbey Klaassen assumes the role of Global Brand President and Phil Gaughran takes on the role of President, Global Creative Product, Growth & Strategy. "Now moving “beyond” its transformation in the U.S., Dentsu Creative’s leaders told ADWEEK they’re turning their attention to international markets with an aim to create consistent experiences for Dentsu clients around the world. Dentsu Creative’s recent big-budget wins in the U.S. market follow a period of change that saw agency brands including McGarryBowen and 360i absorbed by the overarching Dentsu Creative brand. The recent wins suggest the holding company’s new approach is gleaning some results, and its leaders are keen on driving more."

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Bravery + Business = How brands and agencies are stepping into the future. That’s one of the standout themes from last week’s AdForum Summit. Here’s how it's being put into practice:   ✅ Creative Bravery in Action Quality Experience distinguished between “beautiful creative” and “beautiful advertising” that connects to the brand and drives real business outcomes. Uncommon Creative Studio's approach, “Creating Acts not Ads,” captures this idea perfectly. ✅ Bold Doesn’t Need to Be Risky Quality Experience also emphasized that so-called “brave” creative isn't actually risky if it's well-researched and insights-driven: “It’s not big audacious work. It’s work that captures your audience in a way that’s relevant in 2024.” Qulture noted that everyone’s feed is now tailor-made to them, so the only way brands can reach their audiences is by aligning with their interests and affinities. ✅ Creative That Sparks Conversation As [Ai]magination noted, with AI enabling brands to produce 50x more content, the big idea and strong storytelling become crucial for standing out. Ogilvy talked about “earned-first creative” and other firms touched on this same point. It's not just about garnering impressions; it's about driving meaningful conversations that translate into business success. (See: Ogilvy PR's Michael Cera for CeraVe campaign leading up to and capitalizing on the brand's first Super Bowl spot). ✅ Harnessing Tech for Humanity Put aside for a moment everything you’ve heard about how AI is going to take over humanity. Marketers are already using tech for good. Take, for example, Kiki, a virtual human who interprets emergency broadcasts for natural disasters in Japan and makes important news available to Japanese Sign Language speakers. It doesn't stop there...the platform is available for licensing to other organizations. What are your thoughts on balancing creative bravery with business outcomes? How are you navigating this intersection in your work?

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It was great collaborating on this piece for PRNEWS with my MikeWorldWide colleague Clayton Durant on how executives and corporate teams vastly underutilize data to inform their LinkedIn strategies, leaving opportunity on the table to optimize content approach and drive ROI. To get the most out of their strategies, teams should fully leverage the extensive range of data available and: ✅ Build a data lake ✅ Collect data consistently following each publication ✅ Leverage AI for streamlined data analysis Once data is collected and analyzed, our next step is integrating those actionable insights into strategic plans, helping to build the most optimized presence for our clients. Read the full article here: https://lnkd.in/edAsvxXa

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When was the last time you woke up and said 'I think I'll be a B2B consumer today?' I'm guessing, never. Love this piece by Agnostic's own Lena Knight talking about how we believe in a 'Business 2 Person' approach. Spoiler: it works! Agnostic #B2BMarketing #Communications #InternalCommunications

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