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The CMO Awards Podcast Ep7: Winners and finalists part 2: Uber, Guzman y Gomez CMOs reveal what makes their distinct marketing approaches effective
Manage episode 491833152 series 2501526
Their remits and responsibilities seem poles apart, but Guzman y Gomez global CMO, Lara Thom, and Uber CMO APAC, Andy Morley share strikingly similar views on the importance of culture, CMOs aligning personally to company values, brand-led strategy, and bold, progressive marketing that grabs attention and strikes the right cultural chord. It’s surprising really. Thom has her hands full with near-term growth, global expansion of a brand still challenging the QSR status quo and a recent IPO. Morley meanwhile, has his sights set on the longer-term brand horizon and reframing two mature businesses for what’s next.
These very different marketing operators were in the studio for the latest CMO Awards winners podcast episode after being unilaterally recognised by judges for demonstrating marketing effectiveness in spades. Morley came in #6th in this year’s CMOs of the Year rankings (the highest ranked male this year, both joked), while Thom was the inaugural CMO Awards #1.
The dynamic, sometimes combative but respectful conversation centres around what it takes to make marketing effective, drawing from Thom and Morley’s winning CMO Awards submissions plus career learnings. What both also share is a very timely reminder that the role of marketing has to adapt if it’s to achieve the same outcome every CMO is ultimately looking for: Delivering growth and market share through effective marketing.
Both firmly hold themselves to commercial account. “At some stage, marketers got hold of a whole bunch of metrics and were able to kind of put some twinkly stars in the sky and go and say, Look, reach impressions, brand awareness graphs that don't mean anything,” Thom says. “But the real accountability and the real effectiveness of an awesome and great marketer is actually in sales.”
That by no means impinges brand and creative aspirations. “I've always said and believed that you can build brand and revenue at the same time,” Thom continues. “Anyone that says this is a brand campaign that's not designed to drive sales, is wrong and lying, and it's not working. All brand campaigns should elevate brand awareness, and that equates to sales. End of.”
How marketers maintain an offensive, not defensive, position is another priority for both CMOs. “There are a number of brands that have more restaurants than us, so we're still in an offensive position, where that hunger and we're striving to get there,” Thom says.
By contrast, Morley and the Uber team are in a very different space where the business is now well established, and in a market leadership position looking at what is next. It’s come after three years of successful work to transform and evolve what Uber Eats brand stands for and the power of its ‘Order almost anything’ brand positioning and creative platform. Morley is now thinking about Uber’s core rideshare business and where it goes next.
“I think the reframing of what your category is, is the most important thing for our position,” Morley says. “We're not just trying to maintain our share or just defend what we've got within rideshare or through delivery. We're saying actually, what's the bigger picture that we can go on? In the mobility space, it's the private car. We are going harder on how we build more use cases away from the private car. It's generally better for the consumer’s wallet, and that is a much bigger fish for us to go after.”
See omnystudio.com/listener for privacy information.
395 episodes
Manage episode 491833152 series 2501526
Their remits and responsibilities seem poles apart, but Guzman y Gomez global CMO, Lara Thom, and Uber CMO APAC, Andy Morley share strikingly similar views on the importance of culture, CMOs aligning personally to company values, brand-led strategy, and bold, progressive marketing that grabs attention and strikes the right cultural chord. It’s surprising really. Thom has her hands full with near-term growth, global expansion of a brand still challenging the QSR status quo and a recent IPO. Morley meanwhile, has his sights set on the longer-term brand horizon and reframing two mature businesses for what’s next.
These very different marketing operators were in the studio for the latest CMO Awards winners podcast episode after being unilaterally recognised by judges for demonstrating marketing effectiveness in spades. Morley came in #6th in this year’s CMOs of the Year rankings (the highest ranked male this year, both joked), while Thom was the inaugural CMO Awards #1.
The dynamic, sometimes combative but respectful conversation centres around what it takes to make marketing effective, drawing from Thom and Morley’s winning CMO Awards submissions plus career learnings. What both also share is a very timely reminder that the role of marketing has to adapt if it’s to achieve the same outcome every CMO is ultimately looking for: Delivering growth and market share through effective marketing.
Both firmly hold themselves to commercial account. “At some stage, marketers got hold of a whole bunch of metrics and were able to kind of put some twinkly stars in the sky and go and say, Look, reach impressions, brand awareness graphs that don't mean anything,” Thom says. “But the real accountability and the real effectiveness of an awesome and great marketer is actually in sales.”
That by no means impinges brand and creative aspirations. “I've always said and believed that you can build brand and revenue at the same time,” Thom continues. “Anyone that says this is a brand campaign that's not designed to drive sales, is wrong and lying, and it's not working. All brand campaigns should elevate brand awareness, and that equates to sales. End of.”
How marketers maintain an offensive, not defensive, position is another priority for both CMOs. “There are a number of brands that have more restaurants than us, so we're still in an offensive position, where that hunger and we're striving to get there,” Thom says.
By contrast, Morley and the Uber team are in a very different space where the business is now well established, and in a market leadership position looking at what is next. It’s come after three years of successful work to transform and evolve what Uber Eats brand stands for and the power of its ‘Order almost anything’ brand positioning and creative platform. Morley is now thinking about Uber’s core rideshare business and where it goes next.
“I think the reframing of what your category is, is the most important thing for our position,” Morley says. “We're not just trying to maintain our share or just defend what we've got within rideshare or through delivery. We're saying actually, what's the bigger picture that we can go on? In the mobility space, it's the private car. We are going harder on how we build more use cases away from the private car. It's generally better for the consumer’s wallet, and that is a much bigger fish for us to go after.”
See omnystudio.com/listener for privacy information.
395 episodes
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