Marketing is going through sweeping changes brought about by technology. To deal with these new realities, marketers need to up their game, according to Mastercard's global CMO
Marketing, like other industries, is going through sweeping changes brought about by big, medium, and small tech. These include blockchain, artificial intelligence, machine learning, virtual reality, NFTs, metaverse, 3D printing, and more. It's a huge confluence of disruptive technologies called the Great Disruption.
These tectonic shifts affect everything from how we socialise to how we sleep, with all-pervasive smart devices collecting an immeasurable amount of data on us round-the- clock.
To deal with these new realities, marketing and marketers need to up their game.
According to one of the world's most influential CMOs, Raja Rajamannar, what brands need, in short, are da Vinci marketers. But if you can't find a da Vinci marketing mind, build da Vinci marketing teams.