Transcript
Benjamin Shapiro (0:00)
The Martech 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.
Catherine Melchior Ray (0:25)
From advertising to software as a service to data, across all of our programs and clients, we've seen a 55 to 65% open rate. Getting brands authentically integrated into content performs better than TV advertising. Typical life span of an article is about 24 to 36 hours. We're reaching out to the right person with the right message and a clear call to action. Then it's just a matter of timing.
Benjamin Shapiro (0:53)
Welcome to the Martech Podcast, a member of the I Hear Everything Podcast network. In this podcast, you'll hear the stories of world class marketers that use technology to drive business results and achieve career success. Here's the host of the Martech Podcast, Benjamin Shapiro.
Catherine Melchior Ray (1:15)
I'm Benjamin Shapiro and to explain how to make your marketing culturally intelligent is Catherine Melchior Ray, who's the author of Brand Global, Adapt Local. Catherine has worked for international brands like Nike, Louis Vuitton and Shiseido before becoming the president of Global Ally Consulting and a professor at the Haas School of Business. And today she's gonna share the playbook for how your marketing can cross borders. Let's move on to our second question. Double down or diversify. Are you doubling down on a unified global marketing team or diversifying into local marketing managers?
Catherine Melchior Ray (1:52)
I say local marketing managers. You train because a mix of individuals has been proven to deliver higher results and those people make one another smarter. So the reason I say train them is because you want to have a global culture. You want to ultimately be able to have shared values and open communication. Because the key to build globally powerful, diverse teams is trust. And in order to build trust, you need three things. You need to have shared values. And the only way you can build shared values is if you really are explicit about what your values are. You need to have open communication so that you can each share when you think someone's gone too far and you have to have a history of promises kept. When you can develop those three pillars and have it work, then yeah, you can integrate local managers to be able to collaborate together for a global team.
Catherine Melchior Ray (2:52)
Here's my experience when I worked at ebay. It's been about 20 years since I was there, but there obviously are international markets, right? There's eBay's in 30 countries or was at the time. And we would have a local marketing team that was running their own marketing campaigns because they had the inherent market knowledge. And then we would consolidate everything because we wanted the economies of scale and the bidding optimization to happen globally. And then inherently we would go back. And then inherently we would go the other way, back and forth and back and forth. And there was these national managers, and there's the global managers, the global and national. And it just went on and on. And there was this cycle of who was responsible for doing what that just seemingly never ended. And my answer was always, okay, we need an Italian, a German, an Australian, everybody here in one location. And then we have the cultural understanding of the entire world, but we're operating at a global team. So basically, I wanted to localize the national team, or at least I thought that was the solution. Is that a common problem? Is that just an ebay problem? Or when you're thinking about do I want everybody in one place or do I want regional teams, do they generally stick?
