Chief Marketer
we've got a lot to talk about
March 24, 2024

Mastercard will launch the second iteration of its Artist Accelerator program next month, which equips emerging artists with tools to thrive in the digital economy, including merchandizing, marketing, monetization and promotional skills. New to the program this year is a partnership with live touring series and music discovery platform OnesToWatch, which will add live performances, mentorship, virtual audience engagement and education bootcamps in emerging tech—like Web3 and generative AI—to the experience.

“Experience” is the key word here, according to Cheryl Guerin, Mastercard’s EVP of Brand Strategy and Innovation. “One of the things we're not doing is traditional marketing… We consider ourselves an experiential marketer,” she said. “And that means we're going to find a way to connect to what matters to people. It’s not about us talking at people, it's about us enabling experiences. That creates affection for our brand, and loyalty to our cards.”

Here's our conversation with Guerin about the strategic marketing goals for the accelerator program’s second season and how it will engage consumers during the process. Plus, she shares an update on Mastercard’s sonic branding strategy, new channels the company is experimenting with, and her approach to differentiating from competitors.

The industry has been flooded by excitement—and fear—about how AI will completely transform businesses and revolutionize every industry. But while there’s certainly plenty to anticipate, marketing leaders are starting to move on from experimentation to real-life use cases and applications of the technology. Here are four practical questions marketing leaders should ask themselves regarding AI integration—prior to making the investment.

The IAB released its State of Data Report for 2024, which focuses on how the digital advertising industry is tackling data evolution. This year’s study reveals how the shift to a privacy-first approach has had a lasting impact on the availability of high-quality data, and as a result, significant organizational shifts are taking place. Learn about the study’s key insights and recommendations for moving forward.

Lastly, check out dating app OkCupid’s successful collab with generative AI, which enlisted ChatGPT to write in-app matching questions for users—resulting in a boost in website traffic and extensive media coverage.

Until next week,

Kaylee Hultgren
Content Director
Chief Marketer

If you would like to sponsor this e-newsletter please contact Dara Brooks at [email protected] or call (203) 899-8494.

Looking for a partner, technology provider or supplier? The search is over. Check out the marketer's #1 choice in partner resources, the Marketing Resource Directory, and find your next solution provider today.
This newsletter is brought to you by:

 
4 Practical Questions to Ask About AI’s Marketing Applications

It’s time to have a practical conversation about AI and how your business can integrate it into your marketing strategies. Here are four questions marketing leaders need to ask before investing in the technology.
Read More

 
Brands on Fire: DIAGEO Marketing SVP Talks Don Julio Apple Vision Pro App

Don Julio Tequila is developing an app for the Apple Vision Pro, which will virtually transport consumers to Mexico to experience the brand’s four-part tequila-making process. We spoke with DIAGEO about the process.
Read More

 
Six Solid Brand Activations at SXSW 2024

Check out these six solid brand activations at SXSW 2024, from Audible’s sound experience to Sharpie’s Creative Academy to Tide’s eco-friendly product invention.
Read More

 
Marketing Is Not a Foreign Language

More work must be done to educate stakeholders—particularly within your own organization—on how to understand, evaluate and engage with the work of marketers, our columnist argues.
Read More

 
How to Personalize AI to Optimize Business Processes With Custom GPTs

While some AI tools available to company leaders, like OpenAI’s ChatGPT, are incredibly flexible, they still have limitations. However, a new technology has been introduced that takes that flexibility a step further: custom GPTs.
Read More

 
Partner Content
Brands on Fire

Dive into the strategic thinking of some of the biggest brand campaigns in the world. Each feature covers an array of marketing challenges and how the most innovative marketing teams learn to pivot to reach success. If your brand is on fire, reach out to Kaylee Hultgren at [email protected].

Facebook   Twitter   LinkedIn

read more about
The Business Value of Consent and Preferences
The 6 Dimensions of Data Quality
Trust: A Marketer's Competitive Advantage
CM 2023 B2B Marketing Outlook Survey
Creating Personalized Consent-Driven Experiences
The 2023 CM200