With more companies focused on growth, marketing has emerged as a key factor separating industry leaders from laggards. Superior marketing capabilities not only help attract customers, but also convert them into loyal product and service advocates. In fact, Accenture's research into high performance marketing and customer management shows that mastery of five specific marketing factors accounts for 50 percent of a company's ability to win customer loyalty, which in turns drive higher revenues and greater profitability. Yet at many organizations, the chief marketing officer faces tremendous challenges, particularly when it comes to driving organic growth. Globalization, for one, is spurring competition and transforming market economics. Rapid innovation is increasing product complexity and speeding commoditization. And generally weak capabilities for marketing planning and implementation reduce the impact of strategic marketing investment. Today's savvy companies are allocating more resources towards marketing. However, simply spending more money does not guarantee increased customer loyalty—particularly in the face of intense competition for share of mind and wallet. To achieve high performance, marketers first need to identify and prioritize the investments that contribute to strategic objectives. They need the ability to quantify the return on these investments, to understand which are working and which are not, and reallocate resources more effectively. Accenture helps chief marketing officers drive growth and achieve high performance by developing superior strategies, planning the effective implementation of these strategies, and executing these plans flawlessly—and doing quickly and efficiently. Read more about our approach to helping clients achieve high performance by mastering the capabilities that drive profitable, organic growth. [PDF, 1.5MB]
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