Marketing + Media Alliance
@MMAglobal
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The Marketing + Media Alliance unites CMOs & Tech/Media/Platforms globally to advance marketing’s impact & business value. Join the Alliance
New York
Joined April 2009
The smartest focus group in marketing is now its best-looking. Join the Alliance. https://t.co/qPbOWpPQWH
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The smartest focus group in marketing is now its best-looking. Join the Alliance. https://t.co/qPbOWpPj79
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@madebymonks_ @mnkmanagement @gorecki36 2. Personas show the potential to democratize big survey data and make them more accessible 3. Accuracy varies by data availability 4. Data proliferation and AI improvement will increase # of use cases where Personas can be applied
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@madebymonks_ @mnkmanagement @gorecki36 They found that, for high level attitudes, personas and LLMs did a good job of predicting key patterns Overall, what they know so far is: 1. LLMs can answer some questions directionally
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@madebymonks_ @mnkmanagement @gorecki36 They set 3 requirements for the experiment: 1. Results consistent with economic theory and patterns of consumer behavior 2. Realistic estimates of willingness-to-pay for products and features 3. Match estimates from human consumers .
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@madebymonks_ At the MMA CMO & CEO Summit, @mnkmanagement set down with @gorecki36 to unveil the preliminary, never before seen findings and what it means for marketing.
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Is AI set to transform the market research process? @madebymonks_ set out to answer this question with the MMA, Kraken, the NFL, and other organizations through a series of experiments to test the validity and precision of these new approaches. #shapethefuture
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@gregstuart If you are interested in getting hands-on experience in your own organization, contact MMA's AI Leadership Coalition at https://t.co/xXdV7y1xgk.
mmaglobal.com
The world’s largest working coalition of major marketers focused on applying AI to marketing responsibly and effectively.
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@gregstuart MLB activated its experiment with 7 teams with the goal of selling more tickets. They had five identified cohorts: Avid; Family; Youth; Social; Gamers. They implemented 2,000+ creative versions with an average conversion lift of 65%.
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@gregstuart Shell's experiment showed that there are different winners for different customers at different parts of the day. So, changes in ads didn't happen daily - they happened at micro-moments for micro-audiences. A key takeaway - increase spend when engagement is high in micro-moments.
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MMA's CAP is driving dramatic marketing impact by leveraging hyper-personalization. Of the eight experiments so far, the average boost in performance is 2.5x. @gregstuart and Rex Briggs presented results from Shell and MLB at the MMA CMO & CEO Summit today. #shapethefuture
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@shellypalmer • If you don't know what you're doing it won't help you. • If you suck at your job you will suck faster. These are just a sampling from his talk. Subscribe to MMA Global's YouTube channel, where will post the recording of his session in the coming days.
youtube.com
The Marketing + Media Alliance (MMA) is the global, non-profit community of CMOs and senior marketing leaders advancing marketers’ ability to create value. Led by CMOs and supported by the entire...
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@shellypalmer • Your data is at the mercy of large language models. • When everyone has the Death Star it's no longer a competitive advantage. • Please do not look at the future through the lens of the present. Imagine a world where cognitive work is just done for you.
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@shellypalmer • The end of the web as we know it • Talk to your data office about talking to data • Respect the fact that no one born today will ever live in a world where they are smarter than AI. • 13-32 year olds are solving their loneliness problems by talking to synthetic creatures.
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@shellypalmer • This is a joke - literally and figuratively - compared to what's coming. • AI will enhance productivity • ChatGPT will write better than your copywriters • New products, such as custom-generated bedtime stories • Data-drive experiences and content
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@shellypalmer What are some observations, predictions, and recommendations from his talk? • Whatever you think social media did to media that is what social production is going to do to production. • This is the present. And where we will be forever.
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What are the five ways marketing with never be the same because of GenAI? And how do you prepare? @shellypalmer spoke at the MMA CMO & CEO Summit to answer this question and help marketers be prepared for the future. #shapethefuture
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@gorecki36 Reach out if you would like to implement Movable Middles at your organization. The MMA can help.
mmaglobal.com
Research Challenging Conventional Marketing Growth Frameworks by Proving Targeting in the Digital Age Matters Most
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@gorecki36 Any brand can deploy Movable Middles. There are 4 steps to repeatable implementation: 1. Identify MM segment 2. Convert to audience 3. Test and validate 4. Repeat/scale
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@gorecki36 There are 11 case studies to date that show the Moveable Middles perform much better. The growing share of moveable middles is a strong predictor of long-term growth.
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