Dentsu’s future-facing study, Consumer Vision 2035: The Era of the Insight-to-Foresight Pivot, leverages a survey of 30,000 global consumers to predict that brands will need to become ‘perceptive’ in order to grow and differentiate in the 2030s. That means they’ll need to anticipate their customers’ expectations and proactively provide offers before they are sought by audiences. Are Chief Marketing Officers (CMOs) aligned with this vision? And how do they expect the business landscape to take shape in their future?
We surveyed over 1,900 marketing leaders to learn their perspectives and plans around the future marketing landscape and published our findings in the Global CMO Navigator: CX Edition. The following series of questions and answers explores to what extent CMOs’ and consumers’ vision for the future align.
A. Yes – the vast majority of both CMOs and consumers agree that, in the next five years, audiences will spend more time engaging with user-generated content (such as video essays, reviews, podcasts, and livestreams) than engaging with mainstream/studio content. This means that platforms featuring creator content will continue to grow and brands will need to lean into partnerships with creators who are seen as trusted sources by their customers in order to garner their attention.
A. Consumers and CMOs concur that, ten years from now, most of the offers and promotions brands send to their customers will be personalized to reflect customers’ real-time personal context (such as the entertainment content individuals are watching at a given moment, the stores they are driving by, etc.) To live up to these expectations, organizations will need to:
A. Most global consumers believe that ten years from now we will delegate most of our shopping, administrative, and communication activities to AI agents. The share of CMOs believing the future will be characterized by extensive digital delegation is even more overwhelming. Ultimately, this means that many interactions with brands will be handled by AI entities that sift through offers and promotions on our behalf. Enterprises will need to develop ‘reasons to believe’ that speak to algorithms, as well as more relatable messages that speak to our emotional side when AI agents let them interact with the human individual that sits behind them.
A. Almost 2 in 3 CMOs think that, five years from now, more than half of their organization’s revenue will come from products, services, or businesses that don’t yet exist.
The correlation between this expectation and CMOs’ alignment with consumers’ vision of the future ten years from now is evident. Marketers need to double down on technology and innovation investments now in order to prepare their organizations for a highly competitive landscape where their customer expectations will reach unprecedented heights.