MLC’s survey data from 200+ companies shows that executive leadership of social media is critical to success. Indeed, 57% of brands with CMO leaders of social media see strong returns on their social efforts, compared to just 18% of companies without CMO leaders.
The reason?
Social media enable brands to build strong customer relationships that deliver value to multiple functions e.g., new product ideas (NPD), answers to customer questions (Customer Service), or advocacy (Marketing). Managing these shared relationships requires strong cross-functional collaboration, which only a leader with significant clout and authority can achieve. As the customer champion, the CMO is uniquely positioned to play this role. Read More »



