the global conversation
TRANSCRIPT
The Global Conversation
New Research Findings
Stefan Tornquist, VP Research, Econsultancy
Clint Poole, VP Corporate Marketing
Our Presenters
Stefan TornquistVP, ResearchEconsultancy
@SKTornquist
Clint PooleVP, Global Mktg.Lionbridge
@clpb2b
The study and some context
A look at the global marketer study behind this talk
Findings
A look at top findings from our study of international marketing practices and trends
Case Studies and Questions
Global marketing in the real world and your questions
Today
The Study
• 326 Brands
• Revenues $150MM+ (73% $1B+)
• Director+ (VP/C-suite/Board 32%)
• Broad range of industries
• Minimum of 2 languages, average of 5+
Our lens: the Leaders and the Rest
0%
10%
20%
30%
40%
50%
22%
47%
27%
3%
Rest of IndustryLeaders
Hub and Spoke
/01
Challenge: balancing local + global
Managing in-market review, opt-in, and feedback
Identifying partners for content creation
Identifying partners for content distribution
Costs of translation/localization
Creating a localization strategy
Managing decentralized teams/resources
0% 10% 20% 30% 40% 50% 60%
24%
26%
24%
32%
42%
51%
27%
30%
32%
35%
35%
42%
Leaders Rest of Industry
The global / local divide
0%
15%
30%
45%
60% 54%
20% 22%
5%
24%30%
21% 24%
Leaders Rest of Industry
Content production
All of our content is created centrally and localized
Most of our content is created centrally and localized
Our content is created locally for some languages/geographies but not all
All of our content is created locally
0% 10%20%30%40%50%60%
13%
53%
24%
10%
10%
18%
28%
44%
Leaders Rest of Industry
Content management
No content requires review/approval
Some content requires review/approval
Most content requires review/approval
All content requires review/approval
0% 20% 40% 60% 80%
0%
32%
36%
32%
0%
7%
21%
72%
Leaders Rest of Industry
Leaders centralize teams
Completely centralized Partially centralized Decentralized0%
20%
40%
60%
80%
70%
23%
7%
28%
54%
18%
Leaders Rest of Industry
And budget
Completely centralized Partially centralized Decentralized0%
15%
30%
45%
60%
75%
90%82%
13%
5%
44%38%
17%
Leaders Rest of Industry
And tech
0%
20%
40%
60%
80% 71%
24%
3% 2%4%
37%52%
8%
Leaders Rest of Industry
How does your organization feel about trends?
/02
Everyone is subject to trends…
Increasing social audiences
Device proliferation
Consumer demand for personalization
Media fragmentation
Increasingly mobile audiences
Shift from text to images and video
Competition in content marketing
0% 10% 20% 30% 40% 50% 60%
31%
35%
49%
31%
47%
40%
40%
28%
30%
30%
33%
38%
47%
50%
Leaders Rest of Industry
…but leaders see opportunity in them
Competition in content marketing
Media fragmentation
Device proliferation
Consumer demand for personalization
Shift from text to images and video
Increasing social audiences
Increasingly mobile audiences
51%
70%
72%
78%
79%
82%
96%
40%
20%
57%
50%
53%
76%
58%
Leaders Rest of Industry
Share citing positive impact from trend
3Ps (people, partners + process)
/03
Stakeholders in globalization – too many cooks?
Business unit / Line executive / champion
Analytics team
Marketing communications
Content marketing
Online marketing/web operations
Marketing executive
Translation/localization
Marketing campaign/programs
0% 15% 30% 45% 60% 75%
50%
34%
57%
35%
50%
54%
39%
51%
27%
30%
37%
40%
43%
45%
48%
50%
Leaders Rest of Industry
Partners in globalized marketing
Translation/localization Language service provider
Production agency Creative agency / Creative services
0%
15%
30%
45%
60%
75%
58%
42% 42% 40%36%
30%
41%
57%
Leaders Rest of Industry
Quick hits
/04
This ugly chart says…leaders learn more
Rest of sample
Leaders
Rest of sample
Leaders
Rest of sample
Leaders
Rest of sample
Leaders
Rest of sample
LeadersD
ev
ice
pre
fere
nc
es
Ch
an
ne
l pre
fere
nc
es
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
7%
37%
2%
41%
9%
41%
2%
44%
3%
52%
47%
29%
36%
40%
43%
47%
49%
45%
27%
39%
Very confident Confident
Leaders spend
Distributing content across regional channels and platforms is not a priority in my organization
We are planning to invest further in regional channel and platform content distribution, but it is not currently budgeted
Distributing content across regional channels and platforms is a budgeted priority for 2015
We are vigorously investing in our ability to distribute content to regional channels and platforms
0% 10% 20% 30% 40% 50% 60%
12%
40%
31%
17%
2%
18%
29%
51%
Leaders Rest of Industry
Leaders’ secret weapon – time to market
Decreasing rapidly
Decreasing slowly
Remaining the same
Expanding slowly Expanding rapidly
0%
10%
20%
30%
40%
50%
20%
39%
17%15%
9%
3%
19%
43%
25%
10%
Leaders Rest of Industry
Case Studies
/06
25
• Challenge • Approach • Results
•Case Study #1: Mastering Global/Local Balance
o US centric creative & campaign design, across 75 markets
o Campaign frequency & complexity increasing (multiple asset, dynamic content, mobile)
o Complex technical environment, multiple systems
o Standard global process allowing market specific opt-in/opt-out of various items within a campaign to ensure local relevance
o Content creation process coupled with localization workflow to reduce time-to-market.
o Local campaigns enabled with central governance
o Test environment cycle-time reduction by ~70%; time spent on marketization reduced by ~50%
o Improved market relevance/impact of content
o Reduction in staff overhead with retained team adding expertise
26
• Challenge • Approach • Results
•Case Study #2: Specializing & Outsourcing
o Heavy outsourcing to multiple agencies w/out global delivery experience, US-centric content
o Scale increasing, turn-around time pressures
o Unstructured approval process led to frequent budget overspend
o Unbundled creative and production, outsourced to specialist for each
o Integrated production agency could coordinate across all agencies
o Production capabilities with global operations (off-site/on-site coverage)
o Content output +25%o Added 6 new marketso Operational budget
decreased by 33%o Cycle time reduction by
49%o Added new integrated
reporting and tools
27
• Challenge • Approach • Results
•Case Study #3: Mastering the Global Digital Experience
o Consolidate over 1,200 websites into a consistent, centrally managed portfolio of country sites
o Integrate localization and translation activities into end-stage CMS, approval and publishing process
o Enable country-specific content development in a controlled environment while maintaining brand representation
o Fully integrated process with technology partners Adobe, ClayTablet and Lionbridge
o Crafted a streamlined approached based on “minimum digital infrastructure”
o New digital presence built on scalable core structure to accommodate unlimited country-specific websites
o 24 unique sites launched in seven months
o 20% higher productivity in less than 75% of the time
o 40-60% reduction in localization and publishing turnaround within Adobe Experience Manager
o Currently has 48 country-based websites with plans to increase to 75 total
Questions?
/05
Questions / Answers
Stefan TornquistVP, ResearchEconsultancy
@SKTornquist
Clint PooleVP, Corporate Mktg.Lionbridge
@clpb2b
Thank you!