Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
  • more factoids ›
JUL 21

CEOs' Heirs Apparent? Clearly, CMOs†

Handle the Brand, and You Can Handle the Top Post

Advertising Age, July 21, 2008 — In one of my earliest books, "Leveraging the Corporate Brand," I predicted the creation of "a new kind of senior officer, a CCO or chief communications officer," which inevitably gave way to the title chief marketing officer. I am now predicting a trend that will see the CMO inheriting the CEO post.

Category: Marketing Strategy
Tag: CMO

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