Diageo’s new CFO pledges greater ‘rigour’ in measuring marketing effectiveness
Niamh CarrollThe Johnnie Walker and Guinness owner cut marketing spend by 2% in the first half of the year, as its new CFO puts the emphasis on “rigour” and returns.
The Johnnie Walker and Guinness owner cut marketing spend by 2% in the first half of the year, as its new CFO puts the emphasis on “rigour” and returns.
Around one in ten pints sold in Great Britain is now a Guinness, with its parent company hailing brand-building, its Premier League sponsorship and 0.0 as key components in another strong period of growth.
By reframing the discussion around drinking culture, Guinness drove sales of its alcohol-free beer and changed perceptions of Ireland’s national day.
Two decades into its premiumisation strategy, Diageo believes a balanced approach to innovation has helped the drinks giant become an “in-culture brand builder”.
Celebrating its 50th anniversary, Baileys is looking to drive salience despite being one of the most well-loved spirits brands, says marketing boss Paul Carton.
The Diageo Luxury Group is responsible for driving strategy for brands that retail at more than $100, with the company seeing potential for strong growth in luxury, despite a slowdown in super-premium last year.
Despite being one of the world’s biggest spirits brands, Johnnie Walker is not “eking out inches” of growth and sees plenty of potential for continued expansion, says its global brand director.
Claiming to have “crushed” traditional thinking around creating content, Guinness wants to nurture a long-term relationship with new partner the Premier League.
Guinness has created its biggest-ever global campaign to coincide with the debut of its Premier League sponsorship as it seeks to “reach across the globe” to speak to consumers at scale.
After successive years of upweighting its marketing spend, Diageo kept its investment “flat” over the past year, as it struggled to drive volumes amid weaker consumer demand.
From talent spotting to prioritising mentoring, Diageo marketers Gráinne Wafer and Lauren McKay believe there’s lots to learn from colleagues at different career stages.
Diageo’s global marketing sustainability director Deb Caldow says it’s important for marketers to have a sustainability framework and agenda created by fellow marketers.
Long associated with rugby via its Six Nations tie-up, Guinness has inked its first global partnership in football.
Belief that investment in brands fuels performance is something that Diageo has embedded from the very top of its business down, says vice-president and global head of marketing effectiveness and embedded analytics, Gina O’Halloran.
In a challenging environment with economic pressures and rivals to contend with, can creating a holistic marketing excellence culture give brands the cutting edge?
All the latest marketing podcasts from Marketing Week, featuring analysis of marketing trends and interviews with top marketers.