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When McKinsey & Co. interviewed roughly 50 senior marketing officers at Fortune 500 organizations, not one could quantify the ROI of their martech investments—despite nearly four out of five companies planning to increase their annual martech expenditures during the next five years. The consulting firm diagnoses the causes of organizations’ lack of insight into the value of their marketing tech and prescribes a cure that includes thoughtful application of AI.
Sourhouse, which manufactures and sells its own sourdough bread baking tools, prioritizes earned media to grow its brand in the niche category. Co-founder Erik Fabian takes us through the company’s PR strategy, the return on investment from securing media placements and how generosity has contributed to building the brand.
Lastly, Doug Mead, Co-founder and Chief Marketing Officer at sparkling water brand Rambler, discusses the brand’s growth, marketing strategy, partnerships with charitable foundations and its new tagline, Chug Life.
Until next week,
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