LEWIS, the global integrated communications agency, has launched the inaugural LEWIS Global Marketing Engagement Index.
The Index is a marketing analysis of the world’s 300 largest public companies1 and reveals that the majority of the world’s largest 300 public companies are failing to look at their marketing mix as one cohesive function.
The study postulates that to deliver more integrated customer experiences, we must herald a new era in marketing: Quantified Engagement.
The analysis is based on a proprietary methodology across 10 categories including security, personalization, social media, response time, and user experience, called the LEWIS Marketing Engagement Tracker (LEWIS MET).
The report reveals significant marketing inconsistencies across many of those profiles, especially on a regional level.
Despite differences in category strengths and weaknesses, the average scores for companies in the Americas and EMEA were close.
Companies in APAC scored less than Americas and EMEA peers across the marketing mix.
The LEWIS Global Marketing Engagement Index takes into account the significant differences in marketing in APAC, especially in China where Weibo, WeChat and e-commerce are key channels.
Despite demand for a more joined-up level of engagement across channels, brands continue to operate in silos, creating a disjointed customer experience.
Many companies are not using simple mechanisms for optimization such as schemas, tag management, and personalization of paid content.
Social media remains a megaphone rather than a channel to engage and interact with customers.
The hackability of websites was much higher than expected, including within industries where security is paramount, and HTTPS was not used by nearly one fifth of companies in the Americas.
LEWIS SVP EMEA Giles Peddy said: “Winning the engagement battle is the new frontier for marketers, and measuring it is more critical than ever.
“We believe that companies must accelerate their integration of the marketing ecosystem and begin measuring it as a collective, not as a series of islands.
“This is why we believe we are on the cusp of a new era in marketing called Quantified Engagement.
“The LEWIS MET provides marketers with the ability to look across the entire marketing engagement spectrum and drill down at specific marketing touchpoints.
“We want this to help and empower businesses to make their brands standout, reach customers at every point of interaction and become the global leaders of tomorrow.”
Based on the analysis, the Global Top 10 was headed by Microsoft, followed by Bank of America and Intel.
Of the Top 10, five were from financial services and only three companies were from outside the US.
Diversification of sectors grew outside of the Americas with the EMEA and APAC Top 10 consisting of companies from FMCG, pharmaceuticals, automotive, electronics, telecoms, oil & gas, and mining.
- Globally, Microsoft is #1, nearly two points higher than the #2 company
- In APAC, BHP Billiton is #1 followed by Sony which came in a close second. In fact, four Japanese companies made the APAC top 10
- The top company in APAC would not make the Top 50 in the Americas and would just make the Top 50 in EMEA
- A near-global failure to use schema mark-up impacts searchability, despite 93% of online activities starting with a search
- Tag management deployment is uneven at best and companies have the potential to find further opportunities for optimization
- Companies are not responding to customer enquiries at a level that would be expected to deliver a positive experience
- Brands continue to use social media as a megaphone rather than engagement
- Video content is one of the few digital marketing categories where APAC companies outpace their EMEA and America counterparts
UTS School of Communication and Visiting Professor at the London School of Economics (LSE) Professor Jim Macnamara said: “In the hyper-connected, multi-channel world of today, it is important that organizations look beyond simple, single metrics to evaluate their engagement, audience responses, and reputation.
“Organizations need to look at multiple factors that collectively provide deep insights into the journey of customers and other stakeholders.
“Engagement is more than likes and click-throughs – it is a combination of a multitude of interdependent factors ranging from access and relevance, to trust and value.”