Transcript
Jack Myers (0:00)
The CMO Confidential Podcast is a proud member of the I Hear Everything Podcast network. Looking to launch or scale your podcast, I Hear Everything delivers podcast production, growth and monetization solutions that transform your words into profit. Ready to give your brand a voice then visit iheareverything.com welcome to CMO Confidential, the podcast that takes you inside the drama, decisions and choices that go with being the head of marketing. Hosted by five time CMO Mike Linton.
Mike Linton (0:35)
Welcome marketers, advertisers and those who love them. The Chief Marketing Officer, Confidential. CMO Confidential is a program that takes you inside the drama, the decisions and the politics that go with being the head of marketing at any company in what is one of the most scrutinized jobs in the executive suite. I'm Mike Linton, the former Chief Marketing Officer of Best Buy and ebay, Farmers Insurance and Ancestry.com here today with my guest, Jack Myers. Today's topic, the media revolution has arrived. Are you prepared for the next wave? Now, Jack has been involved in or reporting on media for most of his business career, including positions as the chairman and founder of the Myers Report and the founder of Media Village. He describes himself as a media ecologist and just published a book titled the Tao of Leadership. I'm going to try and get that in frame there. There it is. Harmonizing technology, innovation and human creativity, which we will talk about later in the show. Full disclosure, I've known Jack since our paths crossed as advisors to Market Share Partners a few years ago. We've done well over 100 shows and this is Jack's second time on the show. So welcome back.
Jack Myers (2:01)
So honored to be back with you, Mike. Truly am. You do a great job and I love having the opportunity to talk to you and your audience.
Mike Linton (2:11)
Thanks. We're having a blast doing a show and I want to go back, I want to ground everybody. About 18 months ago, we discussed what, what you and I, what, what we titled the show Chaos in the media marketplace and the general generational shift in agencies. What has happened since then?
Jack Myers (2:34)
Well, it's, it's. Chaos is too soft a word. There is a, you know, marketers, every business today is being confronted by a wave of transformation, disruption and of course, chaos. It's not just technological, it's environmental, it's regulatory, it's economic, it's generational, it's biological. With this shift in health and wellness and longevity. So marketers today need to be are confronted with so much going on, so much disruption across every part of their supply chain, their business. We've got tariffs to deal with now that it's tough for them to really focus in on what their job title is, which is marketing. Marketing begins to shrink in terms of its relevance, in terms of their day to day realities that they're confronting and advertising. And then media being such a, you know, a small part of the total marketing picture is really moving more and more into a commoditized, programmatic marketplace focused on reach, frequency and cost efficiency, which with all the dollars being put into data and roi, so kind of ironic that media is becoming as commoditized and efficiency focused as it has.
