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The CMO's Challenge: Revenue Attribution From a Leadership Perspective

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PAGE 21 It's surprising that the contribution of IT is considered to be the least important of any department toward revenue attribution. Marketing needs to partner with IT for all the technical skills marketing lacks: change management, technology assessment, and project management, to name a few. - Eric Hollebone Actionable Insights from DemandLab SHARE THIS! Marketing attribution requires the participation of several departments as well as support from the executive team. To get these people on board, marketing leaders need to remember that they are asking for change and that change is rarely easy. It is often avoided, in fact, because unless people are experiencing a problem, they are inherently reluctant to change. There are ways to make it a win for these other departments. Make that initial ask small, even trivial, and give them a reason to want to help. It helps if marketing leaders understand what it is that makes other leaders tick. The CEO is looking for revenue growth to support company growth. The COO wants to foster better customer onboarding and engagement, while the CFO tends to be focused on ROI and budgets. Sales is looking for better quality leads and increased conversions. Take the time to look at your attribution strategy from the perspective of these stakeholders. Then identify and communicate exactly what is in it for each of them. Make it easy for them to help, and embrace the changes you are requesting.

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