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News (1014)

Why CMOs Should Avoid the Agency Pitch  

The current process for picking an external creative agency is broken. Having a number of agencies compete for your business with safe pitches designed to win your business, won't necessarily help you attract customers, and may actually hurt you. So reports Forbes.

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Less Than 1 in 4 Firms Have a ‘ Very Effective’ CMO-CIO Partnership  

A new study finds that just 23% of firms have a ‘very effective’ relationship between the CMO and CIO. That’s according to ‘Making Martech Pay Off’. So reports The Drum.

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Why the CMO Role is Coming Back from the Brink

Before the pandemic, the CMO role was moving closer to extinction. Today, it’s a very different situation. That’s according to Janice Caston, senior vice president for marketing at Toluna, and guest author on a recent Marketing Dive article.

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Major League Baseball Taps Ex-Marriott Marketing Bigwig as CMO

Major League Baseball has named Karin Timpone as its new CMO. So reports AdWeek.

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Why CMOs Should Be in the Lead  

Many companies thrive under the leadership of their founders, individuals with passion and drive to make the firm a success. But, that magic is not easy to replace. In cases where the founder is no longer part of the equation its up to the CMO to lead, according to a recent article from The Irish Times.

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Ex-Nike Marketing Manager Going to Prison

A former marketing manager at Nike was sentenced to more than two-and-a-half years in federal prison for perpetrating a scheme to defraud his former employer and a childhood friend. That’s according to a press release from the U.S Attorney’s Office for the District of Oregon.

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CMO of NHL’s Golden Knights Resigns

Brian Killingsworth, who has been the CMO of the NHL’s Vegas Golden Knights since 2017, has resigned. The Sin Bin reports that Killingsworth left the job of his own accord.
Killingsworth took over the role before the team’s first game four years ago.

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Marketing Budgets Continue to Plunge

Last year, marketing budgets faced cuts as the COVID-19 crisis took hold. Yet, despite the expectation that budgets would bounce back, the depressed levels have persisted into 2021. So reports Forbes.

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Marketing During Olympics Tougher This Year

The Summer Olympics in Tokyo are posing a challenge for marketers: engaging viewers with dwindling interest in the games. So reports Marketing Dive.

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Brand Purpose Insights from Visa’s Global CMO

There has been a lot of discussion about brand purpose lately—why does a brand exit, what impact will it have, etc? In a recent Forbes article, Visa’s Global CMO Lynne Biggar offers her insights on how to think about developing a brand’s purpose.

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