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The Speed of Culture Podcast
Winning On and Off the Field: The Kansas City Chiefs’ CMO Lara Krug Reveals All
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- [00:00]
Ad Read Speaker
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- [00:53]
Lara Krug
We know more now about our fans than we ever have before, and we're able to now based on what they're asking for and what they need, but with the balance of what is right.
- [01:04]
Matt Britton
For our brand to thrive in a rapidly evolving landscape, brands must move at an ever increasing pace. I'm Matt Britton, Founder and CEO of suzy. Join me and key industry leaders as we dive deep into the shifting consumer trends within their industry, why it matters now, and how you can keep up. Welcome to the Speed of Culture.
- [01:28]
Ad Read Speaker
Up.
- [01:28]
Matt Britton
Today on the Speed of Culture podcast, we're thrilled to be joined here in new Lara Cruve, the first ever Chief Marketing Officer of the Kansas City chiefs. With over 15 years of experience spanning top brands like L'Oreal and AB InBev, Lara brings a unique consumer centric approach to sports marketing, helping to position the super bowl champion Kansas City Chiefs as a powerful cultural brand within and beyond the NFL. Lara, so great to see you today.
- [01:51]
Lara Krug
Nice to see you too. Thank you for having me.
- [01:53]
Matt Britton
Absolutely. So you are in a fascinating role and obviously the Chiefs are at the center of pop culture for so many reasons. Today we'll get into but your career wasn't all always in the world of sports. Walk us through kind of the twists and turns that you took in your career that landed you in the position you're in today.
- [02:11]
Lara Krug
Yeah, so obviously it's my first kind of core sports role with the Chiefs now, but I'd spent many years in different CPG organizations. L'Oreal as you mentioned, and most recently AB InBev. And at ABMbev I was in both global and US roles and beer and sports really go hand in hand. So I would say I was pretty adjacent to it. Sure were many years and both at a global and a local level and so when this opportunity was presented, if you look at kind of my step by step career, people may say like, how does that all make sense? But I think that my industries that I've worked with and within have always kind of been adjacent to sport and the culture of sport and the Gandham of sport. And ultimately a lot of my career was spent in media, digital, social, content, creative. And so all those pieces have really kind of added up to work quite well with where the Chiefs are and certainly where we want to go.
- [03:08]
Matt Britton
Sure. And of course one of the big differences between your role you're in now and some of your previous roles is essentially you were selling experience. Yeah, right. And in the past you were selling physical products, beer, makeup, etc. There's been a lot of data coming out post Covid that were kind of in this experience. Resurgence, revenge. Travel has been a word that's been thrown on it a lot because for so long consumers weren't able to travel and now they are with abundance. How's a different marketing and experience brand versus a physical products brand? When it comes to understanding the consumer.
- [03:42]
Lara Krug
I think the first thing is really it allows us and makes us focus even more on who we are from a chief's perspective on a brand, because you can't physically hold who we are and what we are. In my past experience. And so from a brand lens, first, I think it's really very focused on who we are and why are fans engaging with us every day from the in person experience. But what about who we are, our values, kind of the emotions that we bring that then transport when you're not physically at a game or at an experience. So that's been really important as a focus. And that has obviously then said when we're trying to translate who we are to engage with either our existing fans or new fans, we've had to make sure that we know who we are, but we go to where they are. Right. Because to your point, I think people are yearning for community, they're yearning for experiences. Certainly in a post Covid world. Ash. But I think pre Covid, during COVID there was a sense of I want to be part of something bigger. And I'm sure as you know, there's nothing better than a sports experience of that live kind of rush of emotion. And so we've had to experiment and innovate. How do we make sure that experience is so good that people make Kansas City and the Chiefs a destination? But then how do we figure out what elements of that, who we are, what the Brand stands for that can translate all around the country and world through content, through relationships, through experiences, other things that may not be as physically obviously live.
- [05:13]
Matt Britton
Yeah. And you mentioned kind of the experience of being in a game. And one insight I have because I go to a lot of sporting events.
- [05:19]
Lara Krug
Is, have you gone to a Chiefs game?
- [05:20]
Matt Britton
Why? I'm a Philadelphia Eagle fan. We'll get into the holding call in 2022 later. But I've been to. I actually have been to one game at Arrowhead years ago and I've been to many Penfield stadiums. And whether you're an NFL stadium or an NBA event, what's striking is we are in such a polarized society right now. And when you go to a stadium, it's kind of like, oh, wow, we can all be together again. It doesn't have to be so polarized. And I often say, like, demographics don't make as much sense anymore in terms of targeting like the 8th, a 34 year old. But if you get an 80 year old Chiefs fan and an 11 year old Chiefs fan, all of a sudden they have so much in common, it doesn't matter what their age or where they're from. So it kind of is the great equalizer and it brings people together.
- [06:03]
Lara Krug
It's so true. I think, and I can speak certainly from the Chiefs perspective. And if you've been there and we had a game, obviously just a couple days ago and we had won against the Buccaneers and I was getting in the elevator and it was packed full. I was leaving and there was a handful of Buccaneers fans waiting and everyone who was a Chiefster and then the elevator was like, come on, get in. And the Bucks fan kind of looked at, everyone was like, man, you guys are. And that's. And one, I think that's a sense of who we are as Chiefs fans. And I think to your point, it applies to a lot of sports and a lot of different teams. There becomes a bit of this community escapism. You found a common purpose, right, in terms of what you believe in. But what we found is that that happens at a game, but that translates to the way that our Chiefs fans show up in other places. Sure, we talk a lot about this idea of everyone's welcome in Chief's kingdom, and it's kind of chief's kingdom is wherever you are. And so it's been a really exciting opportunity to find ways to make people feel that sense of family. Right. Chosen family, community, escapism. Right. I think that's what sport gives to a lot of couples too. And I think you win, you lose, you win, you lose. It keeps going back and forth. And so I think people bond over happiness. They bond over trauma. Right. They bond over all these emotions. And so, yeah, I think it's a really unique thing in the world of brand in terms of fandom.
- [07:27]
Matt Britton
And to be clear, as of this taping date, the Chiefs don't win and lose. They actually just win. Because as of today, they're undefeated.
- [07:33]
Lara Krug
Correct?
- [07:34]
Matt Britton
For now, yeah. Maybe by the time this podcast comes out, they won't be anymore. So it was notable when I was going through the intro that you are the first ever chief marketing officer of the Kansas City Chiefs. Congratulations for that. By the way. What was the impetus for the organization to create this role after all these years as a football team?
- [07:51]
Lara Krug
Yeah, you know, I think there were a lot of things coming into play and in momentum as to why Clark Hunt, our chairman CEO, and Mark Donovan, our president, who I report into and made the decision, as you just said, we are obviously in a glory moment for the Chiefs. And I've been there now just over three years. That started before my time, obviously, but it was really starting to accelerate. We have an award winning coach, we have unbelievable players that are the face of the NFL and I would argue sport at this point. In many ways, we're built on authenticity in terms of the Hunts have been part of football from day one. And so all these ingredients were starting to ladder up, plus obviously winning on the field. But then I just think the expansion and the globalization of sport was happening. And so they really, I think, saw the opportunity and were one of the earlier adopters in the NFL and at the club level to establish a CMO role. It is still not consistent in every single club and certainly not in every sport that I've certainly talked to different people on. And so I think they saw the opportunity and thought, let's do something now. Right? Let's not wait until we're at the height or we've gone over the hump. And so it was a pretty exciting call to get that first one to say that they were looking. Yeah, the first ever cmo. And I think their investment in wanting to build the brand for the long term.
- [09:14]
Matt Britton
Yeah, I mean, in a lot of ways, now is the time when you're winning Super Bowls, when you have the best player in the league to basically start to build that brand because it never lasts forever. You know, you see New England Patriots and they're in rebuilding mode. And they had Tom Brady, which was the Patrick Mahomes before there was Patrick Mahomes. Right. But they were able to take the momentum of those years, and now they are brand and they're a much different fan base, and they're in a much more valuable team and brand than they were before the Tom Brady era. And I think that sort of makes sense in terms of ride the momentum while you have it, because nothing in sports lasts forever.
- [09:47]
Lara Krug
Correct. And I think that's what we've been starting to really focus on. And as you were mentioning about fandom and the humans in fans. Right. Obviously, winning helps the conversation. It certainly makes people ask me, is your job easier, harder, now that you're winning? And I say it's probably a little bit of both, probably with the harder, because there is an expectation of what can we do on the business side to accelerate what the team is doing on the football side. But in that time, fans are fans, oftentimes forever, of course. And once they've come in, whether it's at the height or at the low or whenever it is, I think it's our job to keep them and find other ways to engage with them, even if winning isn't the only piece of the puzzle. And I think certainly in the last year, as we've all seen the stats and the numbers and the media of just the expansion of certainly NFL fandom, but the Chiefs fandom, we feel the responsibility now of how do we provide as many different ways to engage with that fan all season long and really all year long, and how do we find new business opportunities or new ways in the communities that we can connect with them more often?
- [10:54]
Matt Britton
Yeah. And I think when you talk about, like, being a steward of the brand, I think what many people who probably aren't hardcore football fans or even people who don't really understand it, is it's not even about wins and losses or stats. Like, to me at least, football is about tradition, is about family. My dad pass Eagles fan them down to me. I passed out on my son. I raised my son in New York, but he was able to hold on to that. And we go down to Philadelphia for games all the time. And I hope he's going to do that with his son. And it's a reason for people to come together. I know a lot of people are now traveling, so we had many leaders of hospitality companies, hotels, and airlines on this podcast who said that a big driver of growth is people traveling to road games with bands, whether it's college football. Exactly. So it's a catalyst for connection. It's a catalyst for memories. And the brand is kind of just like the glue that brings that together so much more than it is a bunch of people on a field throwing a ball around.
- [11:48]
Lara Krug
Yeah. And I think we see that when we even think through, obviously from a game day experience. And Kansas City and the Chiefs are so deeply linked. You can't suffer where you sit too. And not to say any other city is necessarily super different, but I do think there's something really unique about Kansas City and the Chiefs. And in the Midwest, I think there is a sense, an even deeper sense in some ways of community, of a sense of pride of where you come from. And so we see it though, even on weekend of a game, I'll tell you, if we have a noon game, I mean, people are normally lining up to tailgate the night before. And it's so much more than just the game. Right. It's the experience before, it's going in together, it's the experience after. And we always talk about Kansas City, but we're seeing it across the board. Grocery stores are closing early to make sure that their employees can watch the games. Kids at school on Friday are all wearing cheese clothes. It really is the extension of it. And I think we see that in a lot of our partnerships too. That's why certain partners have come to us and want to work with us as a property, because they're seeing that impact on their business, both local and now at a national level.
- [12:56]
Matt Britton
Yeah. So let's dive into the business side of what you do. So how would you describe, I guess, the core tenants of your job as CMO of the Chiefs? Because again, it's not like additional packaged goods company. It's a different type of business. So just curious for our audience sake to understand, what does the CMO of the Kansas City Chief do all day?
- [13:15]
Lara Krug
Yeah, no, it's a great question. And no day looks the same. I sure can tell you that. Like I'm sure many others. And I've. We've really begun to think of ourselves as media and marketing because we are at the core brand and one of our products is football and is the team. But we have all these other different parts of our business too. So from a media perspective. Right. Our reach on our social channels, on our website is significant in terms of volume. Right. Of people, but also engagement, which is a pretty unique thing in this role now when organically you're still able to grow your brand on social channels and YouTube. So media is a big part of our organization and a big part of my day to day in terms of how are we evolving not just from a reach perspective, but how do we be innovative when we think of new ways to engage with fans through rip through content? Yeah, we have a huge events business. So even outside of game day, we have Arrowhead Events, which operates our stadium in terms of concerts. When Beyonce comes, when Taylor Swift comes to original experiences, we'll have something called Kingdom's Greeting again, which is a pop up holiday bar that you get to overlook the field. Right. For the month of December. We have obviously our ticketing business, our premium business, our community extensions. That's a part of my organization as well. And so it's wide and no day looks the same. But we're a brand, we're media, we're property. We oftentimes internally are a bit of an agency to our corporate partners who are looking to create custom content and looking to us to help give them that access. And then we ultimately obviously support our players in our core organization in every way that we can.
- [14:51]
Matt Britton
So let's double click on some of the things. So you mentioned partners. So what you mean is brand partners, sponsors, all of the Chiefs. So what does a great partnership look like in terms of a brand partnering with the Chiefs? And how do you and your team support those partners to make sure that they're driving optimal business impact from that partnership?
- [15:09]
Lara Krug
It's a great question. We have so many really great partners who have been with us for a long time. And the best ones that I believe are the ones, when we really think about it, a partnership, right in terms of is the partner that we're working with getting something out of it as much as we are. And I think sponsorship plays a huge role in every sports organization. But when you get to the partnership level, that's when both kind of the magic really starts to happen. So some of the examples that I love to use, Hy Vee, which is our grocery store partner, is an amazing one if you think about that extension into the tailgate experience at home. And how does that come through in terms of adding value to consumers and buyers at that point? We have great partners with Coke, we have great partners now with Hallmark, who has just come on with us and has a movie coming out with us in just a few weeks here. So we're really seeing partners see different types of value over time. It's about the stadium, it's about the signage, it's about the exposure. But I think the great partners and really the progressive partners are thinking about it as the extension beyond that and really seeing the value and what the Chiefs can provide to their fans, shoppers, buyers, whatever it may be on a.
- [16:18]
Matt Britton
Day to day basis as an extension of your partner offerings. You mentioned community and media. So basically they go hand in hand. So you have this growing community that craves Chiefs content, you're pushing it out. How much of a piece of your overall strategy is first party data, which I'm sure you have from your ticket holders and all sorts of things to allow your partners to be able to target Chiefs fans everywhere? Really? Because you see companies like Walmart, retail media is huge right now. You kind of have the ability to I guess bestow the same model.
- [16:49]
Lara Krug
Yeah, I mean data is a huge part, as you can imagine, of our ticketing business. Right. Making sure that we're providing the best experience, the most personalized charging to not only just our fans, but in partnership with our partners. And so even thinking through examples of that. So gha, which is our field Navy partner obviously is a big one. Their real focus is military and federal employees. Imagine the synergies there where we can work through our data to figure out who exactly will for them to potentially target with their offerings or other ones that are more conversion based to sleep number, for example, people that are within a certain demographic, but also I think going beyond just the age demographic, as you mentioned before, it's so much more about. It's a 25 year old fan that comes one time we're able to know so much more about our fans and that's been hugely valuable to our partners coming in. And what we're starting to see now, how is the asserts coming in terms of content too? How are we able to create content with that data to provide to our partners so that it's as efficient and effective fluently as it can be.
- [17:58]
Matt Britton
Yeah. And in terms of the fans and how they interact with cheese content, one trend we see in sports consumption over time is highlight reel short form built for TikTok type content. Younger people do not watch traditional television as much. They probably tune in for the games, but in terms of their daily interactions, it's less SportsCenter, it's more TikTok. So how does that impact your overall content creation strategy and what has been most effective in terms of making sure that your fans, you are reaching your fans where they are.
- [18:30]
Lara Krug
So it's interesting. So we follow suit, as you can imagine, with most of the data and trends that show the rise of short form content. TikTok. Right. We're the number one NFL team on TikTok and we were an early adopter.
- [18:41]
Matt Britton
And moved what works on TikTok, by the way.
- [18:43]
Lara Krug
Highlights, obviously. Yeah, really well. But what we found is it. It's the casual type of content, it's the mini mics, it's the locker room content that nobody else has access to. Access is, I think, one of our unique selling points. What can you get from us that no other outlet can give you? And we always talk while we say we're a media brand at this point. What we also are not is breaking news. Our job is not to break news about what's going on with the team. There are a million other sources that do that and that's their role. Our rule is about breaking the media and news around who they are with.
- [19:19]
Matt Britton
Their helmets off and inside out, basically.
- [19:21]
Lara Krug
Exactly. And that's been hugely successful. But to counter one point is actually we have found that specifically on YouTube and we're now number one on YouTube as well in the NFL, which is awesome is we do have long format content that performs really well.
- [19:38]
Matt Britton
Yeah, that doesn't surprise me.
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Lara Krug
And to your point, it's the storytelling that fans in general want to see. And so we have a series called the Franchise. I'm obviously biased, but you bet you.
- [19:50]
Matt Britton
Did that, you guys.
- [19:51]
Lara Krug
Yes, that my internal production team uses films, edits everything, posts, everything that goes on we do in house. And that's an amazing piece of content that has really core football. Right. They're showing what happened in the game a couple weeks before with Access that you haven't seen, but they're complimenting it with the lifestyle story.
- [20:09]
Matt Britton
Right.
- [20:10]
Lara Krug
And both. Both from a football perspective, but also from the rest of the franchise. Right. What's going on in the community? What is our CEO and chairman Clark Hunt? What is he doing with his family? Right. Is the season kiss off? What's going on with our cheerleaders or our mascots? All these other parts of the brand that I think reach a very interesting fan and I think people are wanting more of that. So we have that complement of long form content performing really well still. And certainly the ongoing continued rise of shorter the better, quicker, as quickly as you can scroll.
- [20:41]
Matt Britton
Yeah, I mean, it almost goes to my original question, which is like, why would the Chiefs want a cmo? And the reality is long form content's hard and if you don't have a CMO and you just have a bunch of people throwing clips together, you're not necessarily going to be able to engage people with long form content.
- [20:54]
Lara Krug
It's a great point and that's been a really interesting one for us, which is sports fandom. I think there was such a thought for so long that it was really just what was happening on the field and it was kind of narrow in the mind of who these fans are. And I think what we've tried to do with our team and what I've tried to push our organization on, and we're seeing it work, is fans want so much more than that and we're even the really avid season ticket number fan, right, who will consume everything and anything about the Chiefs. They are also willing to increase their frequency, if you want to say, of how they consume content, how they consume other pieces of the Chiefs if you provide it to them. And we're constantly looking at the data to figure out what works or not. But having everything in house also allows us to move with unbelievable speed and I do think that's a real unique advantage that sports teams have and certainly the Chiefs have, and I think that's a learning for other industries just in terms of that pace of content and what's needed and also able to optimize so quickly.
- [21:58]
Matt Britton
We'll be right back with the speed of culture after a few words from our sponsors.
- [22:04]
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- [22:53]
Matt Britton
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- [23:18]
Lara Krug
Upfront payment equivalent to 15 per month. New customers on first three month plan only taxes and fees Extra speed slower above 40 gigabytes details.
- [23:26]
Matt Britton
So I talk often about like the barbell economy, which means that there's tremendous value on the value side of the equation and then a lot of room to grow on the luxury side of the consumer. When talking about access, you see companies like Disney World offer like these premium ticket plans where you skip the line and you get to meet the characters, et cetera, you know, charging ungodly amounts of money, but they're able to sell it because there is a luxury segment that's growing. How do you look at that? Because in some ways I look at that as kind of like a dichotomy to the brand where it's about community and homegrown, et cetera. Yet you're also charged with driving revenue and there's probably no shortage of people from all over the world that would pay to be in the tunnel when the players are running out. What's your thought and what are the chief's plans in that realm?
- [24:12]
Lara Krug
So it's a balance, right? But I think it goes back to one of the points you were making around data. We know more now about our fans than we ever have before and we're able to now provide products based on what they're asking for and what they need, but with the balance of what is right for our brand. Yeah, and I think there is the beauty of sport to your point, is it is meant to be inclusive. And specifically at the Chiefs, we want it to be that way. We want as many people as possible as a destination to come to Kansas City or from the Kansas City area to come and enjoy a game. But there is the opportunity of there is only so many seats in Space Stadium. And so I think that's really where myself, our head of ticketing, our head of events, head of operations, head of partnerships, we work really closely together to figure out what are new opportunities. Whether that's in new experiences, even within the stadium, but also like I mentioned, whether it's a holiday pop up bar, that might be an interesting way for a more casual fan to experience something even locally. Right? To experience something at the stadium that may give them such an amazing experience that they may now be willing to convert to a ticket at some point. Or maybe it starts again now that we know more with the data. And the NFL has done a huge project over the last few years of really helping all the clubs clean up their data and share the data so that it's in the right places with the right teams, is also figuring out from merch to an experience to a ticket to going over to Germany with a more luxury experience. And all inclusive when we played abroad. Those are ways that we can keep building on those, call it segments of fans and really trying to tailor our offering to them.
- [25:51]
Matt Britton
Yeah. So you mentioned the players and kind of bringing the players to life. And obviously, each player has the ability to build their own audience and their own personal brand. But at the same time, you have your brand. How are you guys working with the players to make sure that they're on brand, that you're on brand, that you're leveraging them, that they're leveraging you in a cohesive way?
- [26:13]
Lara Krug
Yeah. And I would say I think that's probably been the biggest opportunity, probably the biggest evolution over the past couple of years, as well, as we all know how quickly athletes are their own brand. I think it starts well even before such a different landscape. Sure. Our focus and our kind of belief is that from a chief's perspective, we want to try to find the Venn diagram. We're very clear on what's important to us. We want to figure out what's important to them and then figure out where the areas of overlap are. So, for example, two years ago, merch is obviously huge opportunity for fans, huge opportunity for the club, for the league, for everyone. And fashion is such a key kind of passion point in the world of sport. Travis Kelsey has his own clothing line, Culture Club, True Colors. We knew that was really important to him. And we have the opportunity to do these local collabs, as they're called. We wanted to do one. We wanted to do one that was unique for the playoffs and for last season. He has something that he's really passionate about from a fashion perspective. So we found a synergy there. He has his completely own other opportunities and focus, but that's a good one where there's value to both him and his desire for his brand to grow and for our consumer, that we could find those synergies, other ones that are great examples, even on community pieces. So Trent McDuffie is one of our players, is passionate about the community, is passionate about helping the youth in the community. So Ronald McDonald and McDonald's is a partner of ours for Red Friday. Right. When we kick off the season, we always do something where we sell flags in the market. All the money goes to the Ronald McDonald's house. When we do kind of the giving of the check, when we're driving that experience, that's something that's passionate to Trent, and so he's involved in that activation. So whether it's, let's call it revenue, creative driving, or if it's community impact. We try to find the synergies that make sense for both parties because it just is so much more authentic.
- [28:11]
Matt Britton
Absolutely.
- [28:12]
Lara Krug
And everyone wins. I'm sure we could come up with a million examples of when it doesn't work, but I think that's something that all parts of our organization have tried to be really thoughtful around. Because if we can both help each other, really, everyone grows.
- [28:25]
Matt Britton
Yeah. So a conversation about your players wouldn't be completely. Unless we talked about Patrick Mahomes, who is the star of the league and the mvp. And he obviously has a great Persona, a great reputation. How in your role do you leverage kind of a superstar like that? Put him out front, but without him, which I know he doesn't want to do. From at least what I've read and seen. He doesn't want to overshadow his teammates, but he is the man. Everyone's wearing his jersey. So how do you balance that? And how do you work with somebody like him who I'm sure he has this whole other team himself was bad.
- [28:57]
Lara Krug
Yeah. Yeah. And he is brilliant and his team is brilliant in terms of what they're building for him and his areas of focus. I think one of the things. The day you start at the Chiefs or I certainly when I did. But it's from everyone. There is the very clear understanding that we are a team.
- [29:16]
Matt Britton
Yeah.
- [29:16]
Lara Krug
And we are very thoughtful. And on even every single social post. Right. Of how are we balancing. Making sure that we're showing offense, defense, special team. How do we balance. Balance making sure that all the coaches are seen.
- [29:30]
Matt Britton
And that's what he wants.
- [29:31]
Lara Krug
I'm sure what he wants. And that's why it's a thoughtfulness. But it's also so baked within our culture that it would be strange if you've seen it any other way. I think for him, similar to the other examples I've given, there are certainly areas that he's incredibly passionate about. Community. Right. Fifteen and Mahomes, which is his foundation, that we can be huge supporters with him. And of that, whether or not that's finding existing local partners that he would want to work with, highlighting what he's doing. Last year he was nominated for the Baltimore man of the Year award. So those are ways that we want to know what's important to him and we amplify that. But certainly where there's crossover, where he's partners with T Mobile, for example, they're a partner of ours. That also works incredibly well when that triangle is connected.
- [30:19]
Matt Britton
Awesome. So before we wrap up in Here, just a little bit more about your career journey and where it's heading. Obviously, a huge development in Chief's kingdom of the last couple years is Taylor Swift's relationship with Travis Kelce. Obviously, as big as a star as Patrick Mahomes is, I would argue Taylor Swift is even bigger. Right. And she's the biggest pop star that we've seen in quite some time. And all of a sudden, when you're watching Chiefs games, you're seeing cutaways of Taylor and she's talking about the Chiefs on stage and Travis was even on stage with her this summer. How do you, as a CMO manager, what must be a crazy onslaught of attention and opportunity and frankly, distraction that has come with the Travis Kelsey, Taylor Swift relationship.
- [31:04]
Lara Krug
So I think it is unimaginable to even think through.
- [31:08]
Matt Britton
Are you wearing your friendship bracelet, by the way?
- [31:11]
Lara Krug
It is not from her? I could say that, yes. It is part of my arm stack right now. Well done. I think we have been incredibly intentional about how we support Travis in terms of who he is as a player and his impact on the Chiefs and Chiefs kingdom and sport in general. We want to make sure that quite frankly, for the fans that have been brought in because of the highlight that has happened over the last year or so, our goal and my job is to make sure that those fans feel like they can connect with the Chiefs from day one all the way to the very end. And so we would be naive to not obviously look at the opportunity in terms of just the sheer eyes that are SEO and exposure. And I think it goes back to my point on media and breach and content and connecting all those dots. But I think it's really intentional. Again, going back to focus on the fan. Yeah, it's the fan who has now come into Chief's Kingdom. That is my responsibility, my team's responsibility to support while staying really true to who we are. And it goes back to that team aspect. So we love all the fans that are now with us. Exactly. And it does become a filter for creative and new ideas. It's why the Hallmark movie. Right. I'm sure is has gotten as big as it has is because we're tapping into something that is about emotional connections and relationships. Going back to the beginning of the conversation. People want to be part of something. People want to feel something. And I think with the Chiefs to do that.
- [32:41]
Matt Britton
Yeah. I mean, when Tim Tebow came to the NFL and a devout Christian, like he brought in so many other people into the fan base because they believed in what he believed In So sometimes you have these common passions or interests and it brings more people in the fold and you want to try to connect the dots and make sure it's something that snowballs and continues to build the brand.
- [33:01]
Lara Krug
Yeah. And I think it's recognition of those brands. I think certainly before I joined sport, I feel like fan, or at least my perception of the word fan felt very generalized. Right. There was kind, kind of the surface level understanding of a fan and my husband is born and raised in Kansas City and a huge Chiefs fan from day one. And I, I feel like there was this perception of who it was that was the fan. I think what the last year has taught us and I think where experience from marketers coming from outside of sport have certainly, I think accelerated is is the deeper knowledge of who the fan is. There's so much more than that kind of surface level description. And I think we're able now with data, I think with the channels from social and digital that are existing now with that just connection. Right. With our. Even our Christmas game on Netflix, like that. All of those things are creating a whole new understanding of who these fans are. And I think it's really the responsibility of CMOs but of sports organizations to go beyond the surface of who that fan is and connect with them. To hopefully make it generational. Right.
- [34:07]
Matt Britton
And leave a legacy with then totally makes sense. So shifting gears as we wrap up here in 2025. Obviously we're in a going to be completely different landscape based upon the political landscape. But I would say equally as important, what's happening with AI in the marketing world? How do you as cmo, the chief look at AI as an opportunity to be more efficient and I guess drive more innovation and ultimately deeper fan engagement.
- [34:32]
Lara Krug
It's a great question. We were just talking about it. Especially when we think through the creative versioning of all of the content that we have. I will tell you it is something right now that we are not doing. It's something that I think from a league perspective, everyone is very conscious and very aware of what is the right way to use those types of technologies, especially when it comes to players. Right. Sports and with demon likeness. But I and my creative team has certainly begun to think about it more from scale. So when you think about all the data, when you think about personalization, when you think about. So we have about 28 call it channels to manage. So we have our core obviously channels on Instagram and Facebook and X. But then we have a lot. We have GHA Fields accounts, we have all these other accounts. When you think about that scale and you think about also how lean many sports organizations are internally, AI and technology become very interesting on how did we do it and how do we do it right. And I really see probably in the next year or so that that will become something that we really try to figure out.
- [35:38]
Matt Britton
I would imagine so for sure. So finally here, I mean, you obviously are in an amazingly exciting role and you wouldn't have gotten there without making a lot of the right decisions along the way. Just like a player on the field, you make mistakes from time to time. Even Patrick Mahomes throws interceptions from time to time. But overall you've made more right decisions than wrong ones. What were some of those decisions that you think you made on your proverb field throughout your career that put you in position that you are today?
- [36:05]
Lara Krug
I think one of the ones would be that I've always been willing to push myself outside of kind of comfort zone of what I know taking roles that stretched me. When I joined Anheuser Busch and Bev, I joined in a media and digital role. But after about two years or so I was moved into a global experiential role, one of which I remember thinking as I was offered the job. I've never done a contract with a sports league in my life, so how am I going to be prepared to do that? But Abi is an amazing organization. They really stretch people. They see the value in the core of what I could deliver and put me in positions to then succeed, but also learn. And I think that desire for learning has been something that has helped set me up for where I am now. I had never been a CMO before. Right. It's the exact example of, well, why not? Here are all the things that I have that I believe can be valued to the table, but I'm going to have to stretch myself and be willing to listen and learn to those around me and from outside to help me grow. So I would say that was probably the biggest one, that I'm never really being satisfied and constantly trying to kind of grow my skills.
- [37:13]
Matt Britton
Sure. And what are some of the ways that you actively try to learn new things? I'm sure you're very much still in touch with people you've worked with in the past that are in other industries, et cetera. But still, what are some other ways that you lean in and try to make sure you have your finger on the pulse of where are the changing world of marketing?
- [37:28]
Lara Krug
Edit There is a lot of reading, there's a lot of scrolling for work as we say just in terms of trying to consume, not just what's happening in sport, but I think to your point, in every industry, and I think that has been something that's been really important to me is one of the reasons why I believe I was chosen was because of my non exports experience. The other one too is raising my hands internally. Right. I still want to learn too. And a couple weeks ago I was able to join a session with some other NFL players, female leaders at ucla at their executive program. And I immerse myself. Right. Everything that I can learn from people in the industry and outside the industry, I've raised my hand for. And I do think that is just so important for all stages.
- [38:08]
Matt Britton
Yeah.
- [38:08]
Lara Krug
Of your career because I think once you start feeling like you don't need to learn anymore is when things probably are not in a good spot, especially.
- [38:16]
Matt Britton
In the world that we.
- [38:17]
Lara Krug
I mean it's just moving so quickly and every day. And I have two little kids and I will say I'm not sure they're giving me work advice, but they are certainly showing me as a 5 and 7 year old to consume media and sport and culture.
- [38:31]
Matt Britton
Just getting started.
- [38:32]
Lara Krug
I mean, even when I think they're like our youth programming things that now that I have kids and I'm a mom and I'm trying to make sure that they're part of sports. Little things of even like, wow, that's so complicated, that signup process.
- [38:44]
Matt Britton
Wow.
- [38:44]
Lara Krug
I didn't even know a couple years ago that flag football was an option for my daughter to play. Like those are things that I can now bring back to work and try to apply personal experiences to hopefully, hopefully evolve our programs.
- [38:57]
Matt Britton
Totally makes sense. So finally, Lara, is there a quote or mantra you like to live by that kind of guides your professional journey?
- [39:04]
Lara Krug
It is always one that I say probably a ridiculous amount, which is believe in best intent. That's a work one. I think in the world we live in, things are moving very quickly, especially in sport. So believe in best intent is one that I have used from the beginning of my career, but I use it a lot now because not everything on an email is exactly what people intended or wanted.
- [39:26]
Matt Britton
Yeah, everyone dealing with their own struggles and problems during this world. So you've got the benefit of the doubt as well.
- [39:32]
Lara Krug
Correct.
- [39:32]
Matt Britton
Awesome. Yeah. Well, it's been such a great discussion today. I want to thank you for taking time on your busy schedule to join us here in New York to tell us about everything that's going on with the Chiefs. Wishing you guys the best of luck, although I don't know if you need it for the rest of the season and beyond. And really excited for our audience to hear.
- [39:47]
Lara Krug
Thank you for your ring me ups. You're welcome back and to Kansas City anytime.
- [39:51]
Matt Britton
I might take you up on the that on behalf of Susie and I Keane, thanks again to Laura Krug, the CMO of the Kansas E Chiefs, for joining us today. Be sure to subscribe Rate Review to Speed a Culture Podcast on your favorite podcast platform. Till next time. See you soon. Take care. The Speed of Culture is brought to you by Susie as part of the Ad Week Podcast Network and AAST Creator Network. You can listen subscribe to all Adweek's podcast by visiting Adweek.com podcast to find out more about Suzy, head to Suzy.com and make sure to search for the Speed of Culture in Apple Podcasts, Spotify or anywhere else podcasts are found. Click follow so you don't miss out on any future episodes. On behalf of the team here at Suzy, thanks for listening.
- [40:51]
Lara Krug
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