Mark Ritson on why everyone is wrong about Sydney Sweeney, the 3 rules of creativity & why strategy always comes before tactics

10 Sep 2025 · 55 min

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Uncensored CMO - Episode Summary

Episode Title

Mark Ritson on Why Everyone is Wrong About Sydney Sweeney, the 3 Rules of Creativity & Why Strategy Always Comes Before Tactics

Host

John Evans

Guest

Mark Ritson

Episode Overview In this episode, Mark Ritson, a well-known marketing professor, shares his insights on contemporary marketing issues, including the implications of AI, the importance of pricing in marketing, and creative strategies. The discussion also touches on the controversial Sydney Sweeney advertisement and its impact on brand perception.

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Key Discussion Points

  1. Mark Ritson’s Recent Changes
  2. Mini MBA Partnership: Ritson discusses his recent partnership with Brave Bison, a tech marketing group, and what it means for the future of Mini MBA.
  3. Leaving Marketing Week: After a decade with Marketing Week, Ritson is shifting to write for various international publications including Ad Week and The Drum.
  1. AI and its Role in Marketing
  2. Impact on Mini MBA: There's speculation about whether AI will take over the teaching role traditionally held by Ritson.
  3. AI in Marketing: Ritson argues that while AI can enhance marketing processes, it should not replace the critical thinking and strategic planning that marketers must engage in.
  4. AI's Marketing Strategy: He criticizes the current marketing strategies surrounding AI as poorly executed, lacking clarity for consumers regarding product offerings.
  1. The Importance of Pricing
  2. Pricing as a Critical Marketing Element: Ritson emphasizes that pricing is one of the most important "Ps" in marketing. He believes that marketers should have a seat at the table when it comes to pricing strategies.
  3. Understanding Value: He argues that marketers are essential in communicating and defending price points to enhance profit margins.
  1. Sydney Sweeney Advertisement Analysis
  2. Critique of the Campaign: Ritson evaluates the Sydney Sweeney ad, finding it lacking in emotional engagement and brand clarity, which leads to a low effectiveness rating.
  3. Consumer Perception vs. Marketer Assumptions: He points out a significant disconnect between what marketers believe to be their assets' fame and what consumers actually perceive.
  1. The Creative Dividend
  2. Three Rules of Creativity:
  3. Utilize Emotion: Successful ads need to evoke emotional responses.
  4. Distinctive Assets: Brands should consistently use recognizable and unique assets over time.
  5. Longevity: Campaigns should be run for an extended period (ideally two years or more) to build recognition and effectiveness.
  6. Examples of Successful Brands: Ritson cites brands like KitKat and Yorkshire Tea, which maintain consistent messaging and branding over long periods, yielding high returns.
  1. The Absence of Strategy in Marketing
  2. Tactical vs. Strategic Approaches: Ritson criticizes marketers for often operating tactically without a coherent strategy, which leads to disjointed efforts and missed opportunities.
  3. Need for Clear Direction: He stresses the importance of establishing a clear target, positioning, and objectives to guide marketing decisions.
  1. Market Orientation and Learning from Data
  2. Marketers Should Learn from Past Campaigns: Ritson urges marketers to analyze previous campaigns to understand what worked and what didn't, rather than merely repeating past tactics.
  3. The Importance of Distinctive Brand Assets: He advocates for a data-driven approach to identifying and utilizing brand assets that resonate with consumers.

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Key Takeaways

  • Pricing is Paramount: Marketers must engage in pricing discussions to optimize profitability.
  • Emotional Engagement in Advertising: Successful marketing must make emotional connections with consumers.
  • Strategy Over Tactics: Marketers should prioritize developing a clear strategy to guide tactical decisions.
  • Long-lasting Campaigns: Consistency in branding and campaigns is crucial for building recognition and market impact.
  • Data-Driven Insights: Marketers should leverage data to understand consumer perceptions and improve their strategies accordingly.

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Conclusion Mark Ritson provides a wealth of insights into the evolving landscape of marketing, emphasizing the importance of strategic thinking, the critical nature of pricing, and the role of creativity in effective advertising. The episode serves as a reminder for marketers to ground their efforts in research, consumer understanding, and long-term planning.

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Transcript

Automatic transcript. May contain errors.

0:07Ladies and gentlemen, welcome back to the Uncensored CMO. Now, this is another Ritson episode, which I know you're going to love. I'm catching up with Mark to find out what's been going on in his world, because since I last interviewed him, he has done a partnership with Brave Bison. So I'm finding out what that means for Mini-MBA. We talk about the hottest topic of the moment, Sydney Sweeney, and what that means for brands and why everyone's losing themselves over it, and everything else that's trending in marketing right now. So as usual, Mark is uncensored. He's a great guest. You know what's coming up.

0:37Here it is. Mr. Mark Ritson, welcome back, mate. How are you? I'm back for my third or fourth. Yeah, I reckon so, yeah. But we're in New York this time, just to kind of mix it up a little bit. I don't make any difference at all. But we can talk about UK versus US marketers just for fun, couldn't we? Yeah, well, it comes to mind, right? We're in a very hot August New York office. It's kind of cool, right? No, it's good, isn't it? It's good. I'm in the middle of winter in Australia, so this is great. Don't tell my wife I'm having a great time, right? Now, since we last spoke, your business has changed a little bit, hasn't it?

1:10Yeah. Both Bison have come on and acquired half of you. Yes, we were in play for God knows it felt like forever. Centaur, the company I partnered with when we started the business, wanted to sell their interest in it for reasons of nothing to do with Mini MBA. And I was like, yeah, good, I'm interested. And I got a say in who my new partner would be, which is, I think, appropriate. and we had loads of interest from loads of very big and interesting organizations which is also nice but very time consuming but we ended up with brave bison who are a tech marketing group and and we're very it's the it really is the perfect partner it sounds you know blasé but we've got a an upwardly mobile growing business that gets marketing importantly they run it like a house of brands so there's a whole bunch of good companies there each with the ceo there's good synergies in the back and a sort of shared philosophy but each is given their space you know so we see a ton of potential and um one of which weirdly was to leave marketing week so yeah i was going to ask you about that because you've been with marketing like 10 years i mean at least 10 years the association with marketing week is huge yeah and and really that's why i ended up with centaur because centaur and marketing week and i did mini mba when i was already a marketing week columnist and I loved it right I've been there 10 years more to be fair I'd done 10 years prior to that that no one remembers with marketing which was the previous magazine before it and then I'd switched and to be honest it's I still love Russell the editor and all that operation there but there was an opportunity once I left Centaur to to broaden the readership of a column you know So I'll start writing for Ad Week in the US now.

2:54I'll write for The Drum. I'll write for Horizont in Germany and Ad Format in the Netherlands and Resume in Sweden. So I'm broadening it out a bit, which I couldn't have done, obviously, if I was devoted to Marketing Week. So, yeah, it really will increase, hopefully, visibility, which is really, again, I'm top of funnel for mini-MBA, right? Yeah, yeah. What's interesting, and you'd find it interesting, is if you do an analysis of the readership of these marketing channels, they really don't cross over much at all. So we might imagine that if you read Marketing Week, you read The Drum, you read Adweek.

3:29That's not how it plays out. That is, because I think in marketing, if you're in agency land, you read campaign. If you're client-side, you read Marketing Week. The overlap between those two publications is hardly anything. That's right. I know very few people that read that. We engineered that, to be fair, right? So if you remember, when I came across the Marketing Week, It was one of the smartest things Russell and I did at the time. Haymarket that owns Campaign also had marketing that I was writing for. And I jumped across to Marketing Week. And then they shut marketing down. And I said to Russell, let's make sure we make it clear that Campaign can have all of that advertising stuff.

4:08Because it's a small part of marketing. It's not where the money is. And we say we're the client side thing. And that was very much something we put in place. and which worked, right? And it has worked very well, so. It definitely has. So the question I've got for you then is, given advances in AI, give an example, James and I were on this ride. We rode a stage of the Tour de France, right? Did you? Yeah. We did this experiment. On what, a motorbike or a real bike? Yeah, a real bike. No way. A flat one or a hilly one? An actual one. Yeah, a hilly one. I'm getting impressed. This was the most hilly stage, right?

4:40This is a bit stupid of us. Did you ever get off or did you actually? It was painful. We made it, like, what I didn't realise before doing it is when you do a stage of the Tour de France, there's a time cut because what they do is they close all the rows, you do it, and then the pros go behind you, and you've got to finish it before the pros catch you up. Oh, you're doing it during the Tour de France. You're doing it the morning of the pros, right? That's totally mental. This is crazy. I didn't know about this. And then James is like, you know we've got five minutes to finish, like, get to the top of this hill.

5:09So we made it with, like, three and a half minutes to go before they shut the entire place, kick us out, and then the pros come in. It was insane. But the reason this links to AI, apart from being a funny story, was so I'd got an actual cycling coach, right, who was kind of mentoring me and telling me what to eat and train, all this kind of thing. Was he Dutch or French? He was Scottish, actually. Jesus. But annoyingly, he went on holiday the two weeks before the thing. So I kept messaging him. He said, I'm just on the sun lounger in New York or whatever. Eating pies and drinking beers and stuff.

5:39You got it, right? Producer James here, for nothing, has got Clive, the AI cycling coach. right and just to give you an idea of how good this is so we're driving down he's like oh give me your data i'll just chuck your cycling data in and ask clive what you should be doing for your warm-up right anyway we're on the first like we start the thing and we're both feeling a bit like very early start right we're a bit knackered and the heart rate's really high so we're going on james gets his phone out talks to clive clive uh we're doing 160 watts heart rate is up at 140 is this time in the morning we're a little bit cold what should we do and clive's back with the you didn't sleep last night, a bit nervous about the stage, don't worry about it, settle in lads, take it calm, heart rate will calm down.

6:18So we've got like a film of an AI coach talking us through how to complete a stage of Tour de France. You know, my only parallel experience of this cycling, which is not parallel at all, is about 20 years ago, I cycled to Sweden from London, right? And I did it on the North Sea bike route, which is a phenomenal bike path, right, that goes right up from the Hook of Holland around Denmark and across to, Gothenburg and I did it and no one believes I did it because I had something like a month off at London Business School I just bought a bike in the morning at London Bridge and a pair of shorts right did zero that's gonna be painful zero training of any kind right and I remember it was when they just invented the iPod so I loaded my iPod with all my like 12 CDs which took like nine hours right and I just got the ferry to the hook of Holland and started cycling and I wasn't as fat as I am now but I wasn't particularly thin and I can remember I got and it was flat but I'd do 100k in the morning and then my boy I would have a giant carb lunch and my body would then shut down for about an hour and then I'd sort of reboot it do another 100k and then I would basically shut down in a bed somewhere and I did that for like 12 nights oh man that is and to this day most people don't believe I did it and it was just like me on my own cycling around Denmark and I had it was one of the great experiences of my life that is hardcore I have to say it was pretty amazing to do it the last climb took two and a half hours and it was raining and cold fuck that and the depressing thing like some idiots had snuck onto the course with e-bikes and like that sounds like a couple of large people I would do that and they're just literally going with no effort at all just smiling at us laughing I would do that that's that's They're not idiots.

7:59They're the smart ones. We're literally in the hurt locker at this point, cold, wet, and about to drop off the mountain. That's brilliant. Yeah, AI cycling sounds good, mate. It is. So my question then is, at what point is AI going to take over mini-MBA, right? Because presumably we could just take all your knowledge, all your case studies, all the data from history, everything you've taught, put it into AI, and I could just ask AI, I couldn't. You could, but then why would you worry about the answer? So, yeah, if you want to go like 20 % into AI, You can have an AI version of me teaching you how to do marketing, right?

8:32But my point is it's much deeper and more disruptive than that. Why do you need to learn it at all, right? And any process that currently exists is going to be shut down like an accordion, right? Law is currently being broken into a tiny blancmange of what it was, right? And we're seeing it before. Accounting is just disappearing, right? I mean, so process is a thing of the past eventually. And much of marketing is a process, right? So no, I think where it's going is more an AI-driven planning execution machine. Now, does that replace mini-NBA? Partly. I think you have to explain and train marketers in what the stuff is.

9:19So we can, I'm working on it now. we have a planning tool that's in development for building marketing plans and it explains what all the decisions are so you have to kind of understand what excess share of voice is and what distinctive brand assets are so you can understand the decisions that were made so there's kind of a role for a professor what's interesting is at the moment in our early beta test it's the professor in the box so what happens is you get given your target your segmentation and your targets and the the right positioning and the right pricing and then the right mix of channels and all of that and you can click on a trunk which contains me or an avatar of me and i can get out and explain these things if they need me to but it's kind of the reverse of i'm going to train you then you're going to do it well now it's already been done do you need the professor to explain it i've seen some research actually recently suggesting that people using ai to replace tasks they were doing are thinking like 40 or 50 % less than they were.

10:20So the danger is actually AI makes you lazy and it doesn't, sometimes it's the doing the work that makes you do the thinking that gets you to the arts or something. I think that's right. In marketing, it's not applicable because we're not, I mean, I use the example all the time of the radiographer doing breast cancer, right? They've been essentially proven now that AI can look at an X-ray of human breasts and identify breast cancer much more accurately and quickly than a trained radiographer. In the analogy, the marketing director is looking at the X-ray and can't even identify what's abreast.

10:55Do you know what I mean? They're just not doing the work. Correct. How many great marketing plans are there? Exactly. You know what I mean? So the question isn't, can AI produce a better marketing plan than a marketer? They're going to produce plans, often for the first time, that are executable. You know, if you look at Evidenza's business, Evidenza has very deliberately put synthetic research into the B2B world because there isn't that much research available. They're not competing. They're bringing it to the market for the first time. So, yeah, no, I think marketers are going to remain, but the job they haven't been done doing will be replaced.

11:37Will be replaced, exactly that. Well, this brings me to my favourite bit of research recently from our friends at Ehrenberg, Bass, about distinctive assets where they tested, this is so funny, but they tested what marketers think of their distinctive assets in terms of fame and uniqueness and what the consumer thinks. Yes. And they were wildly out. Yes. I think it was on fame, 40%. Out of 100%, they were on average 40 % out. They weren't even close. And I think the data was only a third of marketers were within 20 % of guessing the level of fame. They overstated the fame of their assets. They overstated how famous they thought they were.

12:13So the interesting thing, which I wasn't expecting, which hopefully you can explain, but they understated uniqueness, which I assumed it would be both overstated. But interestingly, they understated... I saw that too. I don't know. I don't know the explanation. I mean, the most likely thing to say is that most of them weren't unique anyway, right? So they're in the lower quadrant. But I don't know. I don't know. I mean, the point that the paper makes, which went a very long way around to make it, is market orientation, right? You know, marketers don't know anything. You know, just because you're in charge of pricing or distinctive assets or advertising doesn't mean you can look at it without data from the customer to make the decision, right?

12:54Exactly. We're meant to know that. Most marketers don't know that. We're back to Sidney Sweeney, right? Well, I think Sidney Sweeney proves this point brilliantly because we actually put Sidney Sweeney advert through the system. I didn't see this. Yeah, yeah, yeah, yeah. Well, actually, tell you what, you guess. So five-star scale, 1.0, 5.9. That's a very good question. I was in an interesting position with Sidney Sreeni. So to speak. So to speak. I really found the criticisms on both sides, left and right, are bothers. Hilarious. Yeah. I mean, it's not the end of woke advertising, nor is it eugenics, you know.

13:29Yeah. But I wasn't that big a fan of the campaign either. And so what's interesting is you're not allowed any of that nuance on LinkedIn. You're not allowed to go, you know, it's not the end of, you know, genetics and stuff. It's all calmed down. But also, it's not a particularly great ad either, right? So my guess would be, my guess would be, well, it's very poorly branded. So I would say it will, so that will hurt it on your short scale, won't it? So I would say it wouldn't be particularly strong on the short term. And on the long, she's there. I would say it's probably average. It's sitting in the big fat three in the middle.

14:12I was quite surprised by this. 1.3. Wow. Yeah, really low. And lower than the average for fashion ads as well. And in fact, the number one emotion was neutrality. So it didn't, because I thought you got a very, very well-known celebrity, attractive looking, you know, advert for jeans, fairly popular category. So the category itself is kind of ubiquitous. I think it was very poorly branded, right? I mean, that was the first thing. So I think that contributed to it. And without, again, jumping into what we think of the ad, it was very redolent of the male gaze. So if you look at her positioning and so forth, it wasn't necessarily an aspirational look for women.

14:52it was kind of like if you were a 30-year-old man, it was kind of like an appealing image, which isn't necessarily on brand. So the data suggests what? They'll get a little bump, but not much. Hardly anything, yeah. In fact, were it not for the controversy, which was largely manufactured, it wouldn't have been noticed at all. It would just be a normal... In fact, it's quite generic of the category. It's fairly dull and ubiquitous. Well, and you might argue that all of that discussion really was taking place on LinkedIn, not the home of gene buying anyway, right? So for your average teenage jean buyer, she's like, you know, pass them by.

15:26The Beyonce Levi's ad did better. I think that was 2.8. Better ad, but not a great ad. Yeah. That was the pastiche of the Levi's original one, wasn't it, with the boxer shorts and stuff. Which would have been five stars. I think that was five stars. It would have tested off the charts, right? Yeah, exactly. Yeah, it's funny, right? We get ourselves into a froth about these things. Yeah. And the lesson of the Sidney Sweeney campaign isn't, you know, I mean, it's not going to destroy their business. It's not going to make them a billion dollars either. You know what I mean? It's just an ad. It's not that important, first of all.

15:56But the big list is market orientation. You can bang on about all day long about how this is proof of eugenics and the white attempt to blah, blah, blah. But that's just what you see. And you don't matter in all of this. None of us matter, you know. So it's a great result in a weird way that it was kind of just blah, you know. Exactly. now talking creative uh let's move on to bears and beers right because um you did your uh well well in collaboration with us actually didn't you creative dividend presentation it was your day there it was half your day there exactly which which i thought i i mean credit to andrew on this for driving this but like really cool to crash the effie database and system on database because like brilliant and have two such big databases looking at um how creative actually works but But tying it to business results and brand results using the FE data, I just thought was amazing.

16:48Because, you know, make it because obviously what we do at System One is predict the outcomes. Yeah. And what's great with this is we're adding it to the actual outcomes. Of what happened. Exactly what happened, which I thought was really cool. Well, and the angle that's also interesting is the point I made in the talk at Cannes was, we know that creative is important and it has this, you know, famous 12 times multiple that if you have great creative, you'll make 12 times as much profit than if you had shit creative. but there's not any real clear diagnosis on so what what what do we do to get the 12 and not get the one you know so that's why i love the work so when andrew gave me the i mean it's a giant data set right i was like that's kind of what i want to get i want to zoom in and get that and i think we we got it you know i mean it that it passed the test for me in the sense that it changed the way i thought about mini mbas advertising after we'd done the work and i thought well that's interesting.

17:41The work that I've read and I've talked about is now changing how I'm doing stuff. There's got to be a good sign. That's really cool. And, you know, and look, the summary is really simple, right? When you look at all the data, what we find in a nutshell is three things, right? That if you want your advertising to be a 12 rather than a one, you first of all want to encourage and utilize emotion. Second, you want to codify it with distinctive assets throughout. And finally, you want to run that campaign for at least two years, ideally longer, right? Yeah. And those three data points are pretty much inarguable.

18:19It's not like, you know, but there's also this alternative approach. They're inarguable points, right? Maybe the only little clarification is, again, when we say emotion, we've got a lot of emotion to utilize. I mean, I went out of my way to use the Twix Bears because that's an ad that has horror and shock and then humor. and those are emotional responses we don't always see. So, yeah, so for me those three things are the core to it. And maybe we go back to why not one more time, Sydney Sweeney. None of those three apply if you think about it, right? That was a curiously impassioned ad that we saw.

19:00She looks kind of blank, yeah, very sort of devoid of emotion. it's not codified at all very hard to ice it's genes but whose genes is very hard to isolate as well and it's a new campaign that i suspect will be gone within a couple of months yeah so on all three fronts no it's good in it because it does simplify how you look at a campaign and break it down i mean emotion we've known for a long time obviously going back to creativity yeah you know long and short all that kind of thing yeah um and obviously system one data we've been there for years talking about it i thought the interesting thing was uh were two interesting things one on the fluency point the number of distinctive assets that was a new thing that was a new thing i hadn't seen that before because i i would have probably guessed oh yeah as long as you got two or three you're probably fine make sure they're prominent what was the magic number again i've forgotten seven yeah well it was seven times so you could repeat the same one yeah repeating the same one or having different i mean this is where we get into i think i mean orlando i love how orlando i mean i know he talks about affluent devices rather than distinctive assets but it could be like a sound it could be a repeating scene it could be a character and the other thing i thought was great is and this is what i really try and drill into people it's not about putting your logo everywhere right and i think that's what people default to is like logo in the corner logo at the front but actually it's finding something that people associate so like the meerkats or something or you know well tourism australia actually that's a good example like with the with the kangaroo right yeah and the characters in there but find a character that associates with with your brand look the day i mean it's interesting we've been working one of the things that our new ai tool is doing and we're just calling it the tool at the moment but it identifies the palette of distinctive brand assets that you're utilizing it tells you if they're good enough and if they're if it's not it uses all the distinctive brand asset data and an analysis of the market to say what you should have is a color and a mascot and furthermore based on the brand positioning, the colour should be this, and here's some pantons, and then here's the mascot, and we've drafted out the mascot.

21:01Here's the first three examples. So it's getting to that point where, yeah, you need them and then you need to use them. Do you know what I mean? Yeah. Well, back to the first point about Ehrenberg Bass data, marketers are very blind to this stuff. So having something that's going to actually give them real consumer data and tell you this is what your audience are going to recognise, it's going to be huge. Yeah, I mean, and even not even, again, what I smell in the 30s, and it won't happen in the next couple of years with the AI driven marketing systems is, we won't have to convince anyone anymore.

21:34We'll just give them the distinctive brand assets, and that'll be it, you know. So, no, I think it holds up all the existing work we've learned about. Probably the long-term thing is the most surprising of the three in the sense that it's only been a year or two that we've all been banging on about it. I mean, it's interesting. I came up with this line on stage about, you know, we're not baking our cakes long enough. And that was the one ad-libbed thing in the whole talk. I pulled that out of my ass, and that's the one that got quoted the most. that marketers are putting their cakes in and not baking them long enough.

22:09You know, we pull these campaigns out on average after two months. You know what I mean? So I think that's the one that we've, all of us have been chiming on about, right? That we need to keep the same campaigns out there. It's interesting. I did some discussions with Tourism Australia. I know Susan pretty well, the CMO. And when she sent me the new campaign that they're about to drop, I said, the interesting question, Susan, is why do you need a new campaign? it's only three years since you launched the last one right and and she said yeah and it's testing better every year as predicted right it gets stronger and stronger but she made a couple of nice points that they've learned stuff that they want to put into place they need that injection of industry affiliation and even the prime minister involved when you launch a new ad campaign and some of the products they wanted to feature it changed so she made a nice case for it But I thought that was great.

23:02We're now at a place where with really well-run brands, that is a very well-run brand, the question isn't, oh, you've got a new nice ad campaign. You've been running it for three years. Why not run it for six? And I think that's a great place for us to be now. I love it. I love it. It also rings true because you said that in Cannes, which is a celebration of the new and the novel, right? Well, yeah, the whole nature of the Cannes. The whole point of that is let's talk about change, whereas actually you're going, okay, let's talk about not changing. I mean, you have to submit fresh work, right?

23:30That's the point. There's less than 12 months. There's no can for the, we put the same ad on for another year. No, no. Which there should be. And that, by definition, everything submitted at can is not ready yet to be reviewed. Yeah. It's a mind boggling thought. It is insane, isn't it? The thing, I mean, going back to, I mean, it came through in that work and compound creativity we launched last year as well. What I love about it is the fact that it compounds. So not only is it better, it gets better on better. And the gap between being consistent and changing every year just gets wider and wider.

24:03So I think, if I quote this correctly, I think it was like a four times multiple, wasn't it? It became a seven and a half times multiple when you looked over three years. So, you know, as a CMO or senior marketer, you're just getting more and more return the longer you stick at it. And then take out all those production costs, right? Take out all the time. Put that into media. And that's not even factored into that, right? So what we're saying is not only would you get a significantly greater multiple of impact, you'd be getting it for a lot less investment. So I think it's very important work.

24:36And I think what it means for marketers is they have to go into that campaign mindset, not with a six-month mindset, but with a let's create a banger that will last for five years or let's be spec savers. You know what I mean? Totally, totally. Yeah, the Browns, I probably quote them too much, but I love Yorkshire Tea as a great example. So they only make a new ad every, I think, two, maybe three years. But straight off the same production line. It's exactly the same. It's like a Yorkshire celebrity. It's in the factory. Accents are there. Cups of tea are there. The red's there. Logo's there. The jokes are there.

25:12You know what I mean? It's just like all there. It's just fresh. And they've grown, I think I'm quoting Don correctly, but I think from about 13 % up to about 40%. and in the tea category. And the other nice thing about that is nothing else changed. It's like a category with three brands. It's been flat or slightly declining forever. You know, price has been the same. Well, it's funny. I'm smiling because during the talking can, because when you're on these stages, it's a giant black space. You know, we've like 800 people there. And again, I had a thought halfway through it, which is we talked about KitKat, you know, and I knew KitKat would be one of my examples because I'm a huge fan of it, right?

25:47And I know the campaign has been running for 40-odd years, right? But I suddenly thought, I bet you they've had the same agency. And I said, is YL here, who's the global marketing director? I said, YL, are you here? And it's just like this black void. And he went, love you, Mark, from the distance. And I said, how long have you worked with this agency? And he said, from the start. I'm like, how long is that? It's like 47 years. So it's that idea of everything stays consistent, back to that compound creativity point. it runs against everything that we're doing at the moment. Let's bring in new agencies.

26:21Let's have lots of different talent. Let's do something quickly for two days. And then, you know, it's not the way to do it, you know? You're right. Yorkshire Tea, Lucky Generals, 10 years, over 10 years. Another brilliant example is Aldi with Kevin the Carrot. I mean, that's McCann. Who's there? That's McCann. That's McCann. McCann, Manchester, that's, I think, close to 10 years. VCCP and Cabri have been knocking on for a long time. And it just, every single year, it just, I mean, because we test Alzi's work every single year. And it's amazing because they get like a flipping 5.9 at Christmas.

26:54And every single year they phone us up and go, how the hell do we beat this? I mean, we're like, well, we're going to have to invent a new scale, guys. You don't, right? But how do you stay at the top? And they are so, so, they understand how it works so well now. But like every joke, every bit of branding, every way of telling the story, They've done it so scientifically now that they literally can predict, you know, from January through to December, they know they're going to get a five-point. It's amazing. I mean, Wael's point at KitKat is it takes real skill not to change stuff. Yeah. Yeah?

27:26It really does take an enormous effort to stop people meddling with it. You know what I mean? And his predecessors have all been doing that for decades. And I think that's the philosophy, right? Yeah, 100%. And look, there isn't an awards for not changing, but I think there should be. There should be. Given it's one of the most important factors, right? Exactly. Yeah, yeah, yeah, exactly. Now, we've been talking a lot about creative, but we shouldn't forget to talk about everything else in the mix. I was going to ask you, what's the split of marketers that actually own the whole four Ps? It's a really interesting question.

27:59Yeah. It's been done in the CMO survey in the UK and Australia, but the question is wrong. So the question asks, and forgive me if I don't get this exactly right, which of the following processes does you and your team have direct control of? And the problem I have with that question is I don't think anyone would vote for marketers should control pricing or marketers should control distribution or marketers should even control product development, right? My point is they should be involved in it and have a seat at that table and bring value to it. So if you go back to that question of who controls it, it's sub 10%.

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28:44And then in advertising terms, of course, that's what they all control. But again, you could even argue they don't even control that because ultimately there's an agency involved and other partners. But yeah, it hovers around 20 % to 10 % for the other three Ps. Now the other complication is it's the best companies, however, that are in that 10%, 20%. If you look at a P &G structure and you talk to P &G about how they do it, the brand manager role does have, again, not control, but direct input into new product development, product innovation, into the pricing process, and certainly into distribution.

29:21So, yeah, I get very tired of modern marketers who come from badly run marketing companies and who don't have any training in marketing saying it's unrealistic to say that marketers can involve themselves in price. It doesn't happen that way. And I'm like, it doesn't happen in your company because you don't work for P &G, who know how to do it properly. But I do think the misnomer here is marketers should be in charge of price. No, definitely not, right? But when we're not involved with the research and with the communications around price, it has a massive negative impact. I mean, the prices are therefore almost always going to be lower.

30:01because we've set prices based on cost. We've set them based on dumb competitors. We've erred on the side of volume rather than value. And if you just had a decent bit of research from the target market, you would find a significant difference in the price you would go for. And then even worse, if you had marketers who knew pricing involved in pricing, the way we would communicate a price and frame it and anchor it and change it would allow us to, again, control a much better margin. You know, if you want to summarize all of this down, I was talking with Pete Weinberg from Evidenza yesterday about this.

30:38He thought I was full of shit for at least 10 years because I'd say to him, pricing is the most important thing, right? Bullshit, bullshit, bullshit. And now he's got his own company, his own price list. He's like, oh, my God, it's so important. I'm like, I told you. And he drops to the bottom line. This is the thing. I mean. So, yeah, there's a couple. There's only three things to remember, right? Number one, it's all about profitability. I have no respect for anyone who makes revenue, right? I could sell this fucking table here for 10 bucks, right? It costs$200. Anyone can make revenue, right?

31:05That's not impressive. Show me profit, yeah? So one, it's about profit. Following from that point, the single biggest driver of corporate profitability is price. It's not cost. It's not sales. It's price. We've got 50 years of research on this. There's no doubt that the big lever to pull is price, yeah? And the third and most important factor is the thing that drives price is basically marketing in brackets relative differentiation. Not distinctiveness, but perceived differentiation on the part of the brand drives the thing that drives the thing, right? So that's why you need marketers involved in that shit.

31:44100%. I've seen that in my career. It blows your mind as a marketer when you don't know that. And then you go, right, put a 5 % price increase through. And suddenly you're like, wow, margin's gone up 20%. I've suddenly got more budget to spend. We do exactly the same thing. When we run a simulation at the end of the mini-end brand management, and one of the things they control is price. And one of the complaints you get at the end of the course is, if you screw up price, everything goes wrong. Everything goes wrong. And I'm like, yeah, I know. That's your lesson from the simulation, right? It doesn't just go a little bit wrong.

32:16You either get no sales or you make no money. 100%. You know what I mean? You need to experience that. You've got to go through that. I mean, I worked at Britvik 13 years, and I saw a lot of annual planning cycles. And we got in this trap every single year. We got on the promotional drug, right? So we do deals with Tesco, Sainsbury's, half price for Pepsi on the gondola end, right? Because we got addicted to the in-year kind of drug. Yes, yes, yes. Yeah, you know what I mean? And every year, it was so competitive, we put a 1 % or 2 % price increase through. Because what happens is your biggest discretionary spend is your marketing investment, right?

32:50So marketing, I think when I started, was something like 9.5 % of revenue. By the time I left, 4.5 % in that 10-year period. So we'd literally gone from probably a competitively marketed brand to one that was kind of getting around sort of traded commodity territory. Which, of course, then hurts differentiation, which, of course, then hurts your ability to get price premium, which means you have to give more discounts to maintain distribution. Correct. And the moment I realized what we'd done was I did some research on Robinson's squash up against own label and own label on product quality matched us, sensory performance.

33:28Because what happened is we'd had to engineer the product down to a price point to protect our margin because we'd taken, you know - You'd be becoming a commodity. We were trading, exactly. And so we'd basically lost our competitive advantage over those 10 years. And the thing that I think should guide most marketers on this is almost all of the sales boost you get from that initial promotion are just sales that you're pulling forward. Correct. So what you're effectively doing is pulling all of your future sales forward at a much lower margin. And then, of course, you've also taught yourself that the only way to get a boost in sales is through a discount.

34:02So you walk into that next quarter. There isn't any demand. So what do you do? You press the button again. And, you know, it's a tragedy that we don't recognize this cycle. You know what I mean? There's not even a sales boost there. And the other point I always try and make with clients is you're going to piss off every single client that paid full price. And the old school literature from the 18th century is that price is a bond between two people, right? I sell it to you for this and you agree to buy it at that. But then you've gone and broken that bond. And that sounds very old-fashioned and frilly shirt.

34:38That shit matters, you know. When people find out, oh, someone got it for less than me? You know, there's something wrong with this. You know what I mean? It is such an, I get so much shit about this. But when I do the pricing module on Mini MBA, it basically boils down to never discount. Now that doesn't mean charge Chanel prices. It means do your research, peg your price, communicate and defend it and lose a few sales to defend that price point and don't monkey with it. Right. And people go, well, it's, you know, they go, yeah, okay. But it's not that quite that simple. It is that simple, you know, and you've got to talk to guys that have worked for businesses like yours.

35:15where they've gone down that toilet to understand why it's imperative. And then one thing I did when we launched Mini-MBA very early, because it was launched into a business that usually did magazine sales and conferences, right, and early bird specials, right? And they did some form of early bird special. You know, if you sign up for Mini-MBA in the next two weeks, it's half price. And I found the person responsible for that, and I was as bad as I've ever been in a meeting, right? And I wanted the word to spread. Don't ever fucking do that again, ever, ever again. Not even like without my permission, just don't ever do that again because I'm not an amateur and this isn't how we do this business.

35:59Fuck all your other businesses with this shit. Carry on, enjoy it, right? Destroy them. Do not bring that amateur shit here because it embarrasses me. You know what I mean? Yeah, totally. And that's a horrible thing to do But if you know what happens to a business, you know, the worst thing you'll ever see is a brand that launches with a half-price, bog-off, early bird special. You're slapping the baby when it's born. That's it. You're stuck with that. And then, of course, the other dynamic is your competitor feels compelled to respond. The retailer's laughing all the way to the bank. I mean, we had this crazy situation, I think it was on Pepsi, where Tesco were increasing their margin on promotion.

36:35It wasn't just holding the margin. They were asking for more margin. Oh, yeah, yeah, yeah. Like, you take your gross margin down from 30 % to like 2%. It's getting scratchy, right? I know. And you just work out the math. So you've got to sell like 600 times. It becomes, you know, a whole truck every hour in every store or something. I've worked with B2B companies where it's taken us about two weeks. We've realized that by the time you apply all the various discounts and trade discounts to blue sheet pricing and off blue sheet pricing, they're losing you know 20 grand for every ton of product they sell and that realization that like you know literally the more you sell of this the more money you're gonna lose you know and it's like this is the mess people get into with price you know so yeah no i think there's a huge care and i think the things marketers struggle with is they don't realize no one else knows this right the only people that can measure value from a consumer point of view are marketers and if you're not doing it the company of these very smart apparently brilliant finance guys are going to get it completely wrong because pricing is and always has been a marketing endeavor right completely so yeah no the long answer to a short question um yeah most marketers are not involved in pricing and nor should they be because they have no training in pricing right they're basically communications people but they should be and they can have an enormous difference on the company Yeah.

38:00I mean, this is where I think FMCG kind of leads the way. It does. Most of my career has been, and you'd own the strat plan, the brand plan. In the brand plan, you had to answer the question about what the price should be, the best of price, all that kind of thing. That's right. Now, someone else might do the research, the sales team might implement it, the price change, but you own that plan. Same with distribution, right? Same with product. You look at the Diageo boys and girls who are among the best in the world. They're not in charge of product, but they have a massive involvement in that process, right?

38:25So we've done market orientation. We've solved the creative P. We've done pricing. Right. What else are marketers not getting right, in your opinion? Look, the main one remains the absence of strategy, right? So they're going into things with a tactical fire fighting mindset. You know, I'll start with comms and then I'll worry about, you know, this particular issue we're having this week. And, of course, none of it is driven from a central repository of clear strategy. And strategy isn't complicated. Bain and McKinsey made it complicated so they could make money from you. But in marketing, it's very simple, right?

39:02We need to be clear on target, clear on position, clear on objectives. And with those three things decided, all the answers to all the questions you face for the year will almost immediately become apparent. You know what I mean? Without them, you will make a series of decisions that are not connected together. The brand will not be clear. It will not be differentiated. It won't be as successful as it could be. And you will be busier because you don't know the answer to any of the questions. So you have to keep trying to work it out. So if there's one thing you want marketers to really grasp, it's the need to do strategy before tactics.

39:41Yeah? Because if you come back to, you know, it's a cliche, but we should mention it. Strategy comes from the Greek word for general, strategos. Tactics comes from the Greek word for arranging shit, which is tactikos. and the point the Greeks were making 3 ,000 years ago is that you essentially make your strategy and then you arrange your troops according to the strategy, right? And today what that means is you get your strategy for your brand, right? And then you arrange the pricing and product development and distribution in accordance with that strategic approach. And the number of times that's clear.

40:20I mean, I beat it into the mini MBA classes that, you know, you don't move until you have a strategy. You're better off delaying these tactical choices. It doesn't take that long to get your strategic answer. And your strategic answer is never perfect. You know what I mean? I don't know what the right answer is every time. But what I do know is you need to have that clarity to answer the tactical questions, you know. so for me I think that's the one that and again it is it's bred into the Diageo and the P &G guys at an early stage in their careers right you in your plan you have your strategy and then it leads to this the marketers I despair for and there's more and more of them is we have you know these product marketers and these growth marketers and these digital marketers they're all well-meaning very bright people but they've invented these horseshit terms that are all wrong and the wrong way around and as a result that you know i despair with this ideal customer portrait right the icp right it's a terrible thing to do because you've gone straight to this is my ideal customer without doing segmentation or targeting properly yeah you know what i mean because because everyone define define their role by the tactic don't they not by the strategy right and the other the other thing i've i've discovered when i've led larger teams is that so everyone everyone owns their tactic and then every year basically want to do the same thing, add 10%.

41:41So you end up implementing exactly the same thing. The system repeats itself. No one steps back and goes, what do we need to do differently? And can we put our resources behind the thing that's going to make a bigger difference? It's a super important point, right? If you look at the best 10 % of marketers, each year they start with the question, what did we learn last year? And to your point, what will we do differently, right? But even what we'll do differently comes after what have we learned, right? If you do that for 30 years as a marketer, you get pretty good. And we work for the CMOs that have done that.

42:11They're not smarter than anyone else, but they've learned on the game and evolved. All the other marketers are like, to your point, yeah, let's do some more of this. Oh, it's a new year. Let's get going and spend more money. So yeah, learning from strategy, learning what did and didn't work, is right up there, especially early phase in your career, because it sets you on the right path, you know? Yeah. Now we're going to get together back in December to review the year. We're in all this now, which would be good. What surprised you so far this year? What's been, apart from Sydney Sweeney in her genes, I wasn't expecting that.

42:47I think it's an interesting economy in the sense that, you know, it's hard to know where we are with Trump and tariffs and everything else, but it feels relatively robust, yeah? I thought it would be more bouncy, more like last year. But it does feel like it isn't the greatest time in the economic history of the world, but it's relatively stable. I didn't expect that. I've been surprised at the degree to which the tech boys are selling AI in a really poor way. I think that's been my biggest surprise. So AI is, you know, as we go for these evolutions becoming more and more astonishing, la la la.

43:31But the process by which they're being branded and sold is pretty shit, right? If you step back and look at, I upgraded to chat GPT-5, you know? I don't know what I was upgrading from. I don't know which other packages I'm also currently using or meant to use. I don't know what does what. One of the reasons I use AI is to work out which one can create video. They all seem to do it, and none of us. I ask AI, right? And then when you buy the thing for, you know,$52.99 on a special deal, you get this, you know, and also buy this photography app for$12. It's like it's a dirty, very low-end way to sell high-end tech, is it not?

44:22So I'm very surprised at the moment with how shit it all is. Not the product, which is astonishing, but the way these tech bros are selling it and marketing it and their brand architecture, it's a shit show, right? It is, totally. So I wonder if it does suggest that at some point an Apple-style, a new company, no one's going to Amazon and these guys, aren't going to win. It's not how this cycle works, right? But I don't think it necessarily is chat GPT. You know what I mean? Like, I wonder if there's someone or something else yet to appear that does what Apple did with mobile handsets and goes, no, no, no, no, that's not how you do it.

45:04Yeah. Well, it might be Johnny Ive with his collaboration. It might be, but I think those geniuses are all a busted flush in this universe, right? We forget how old we are and how much older Johnny Ive is, right? This is not the kingdom of old men. Do you know what I mean? It's a new, just as when Google came in, two immigrant, you know, smarty pants, PhD students changed everything. And it wasn't Yahoo and it wasn't Microsoft, right? It has to play that way again. It'll come from China, surely. I think you're right. It smacks of no marketer being involved in process because it's almost like those situations where you're working on a secret project in a company and you codename it something that no one understands and no one gets to hear about it.

45:48And then they just went and didn't bother doing any name research. And that was it. The confusion continues into the market. Oh, we actually launched it. It would be an interesting bit of research to see, does anyone really know what current AI products they're paying for? Yeah. Because I'm pretty sure nobody does, right? It's all over the, you know, it's just a shit show of stuff. And yet despite that, yeah, I become more and more convinced of the eventual impact it will have, you know? But I think eventual is an important word too. It's a 2030s thing. Yeah, you say it right. These guys with their prompts and all that, right?

46:23And again, there's an old joke about it, but it's true. The people that were, you know, there's a cartoon about expert that was selling you NFTs now becomes AI expert, right? And it's true. The first question you have with any AI expert is, what were you doing three years ago, right? Because you've become an expert awfully quickly. And also, do I need an expert given it's AI? Why don't I just ask the AI? So these guys that are sort of inserting themselves with their prompts and it's all going to get washed away. And it's going to get washed away by big system thinking. I work with Evidenza on synthetic data through AI, and I get so annoyed.

47:03About every week someone on LinkedIn goes, So I did a head-to-head between synthetic data by asking chat GPT a few questions, comparing it to an actual survey of humans. And it's way off, right? And you're like, it's like me saying, you know, I took up the banjo on Monday. And here I am on Friday telling you banjo music is shit. It doesn't even sound good. Do you know what I mean? Like, obviously, the way AI is going to work is not some loser in his underpants sitting there banging stuff on his own for four hours into chat GPT. That's not what we mean here, right? There is a new revolution where the, I know how synthetic data is generated, and it's by a team of very smart people who use multiple tools in a massive architecture, right, to get what they get, right?

47:56That's only the start of it. So I think that's where we get to. We're not anywhere near it yet. So again, all these buffoons talking about agentic stuff, I'm here doing it at the moment. It's not fucking possible, right? Agent stuff doesn't work, nor will it work for a long time, right? It may work to order you a pizza, maybe, right? But the minute you have two or three nodes of interaction where you depend on data driving data, a quick hallucinogenic moment, and we're off ordering, you know, 40-foot pizzas, right? So the agent thing isn't ready yet. And when that comes, that's the moment that it begins.

48:39But it's not here yet. And I think about it. You'll remember this. Remember the Star Trek movie where they went back to Earth, the original Shatner stuff, right? Remember, they're all on a bus and stuff. and there's this great scene in it where Scotty comes into a computer room and wants to control things as the chief engineer and he says and he looks around he says computer can you put up on the screen you know the dimensions and the woman engineer looks at him and says no no and she shows him the mouse and he picks up the mouse and he goes computer and starts talking to the mouse right But that's a very prescient moment because it's only when you and I can say to the AI in the room, in the atmosphere, you know, order me the pizza and tell me what time we need to be at such and such.

49:26And it just becomes out there. Do you know what I mean? It has to be released from the text. And it's getting there now, to be fair, but it's got a ways to go. It has. It needs a marketing approach. which needs a proper consumer need and a solution that's simple, that's well-branded and understood. I mean, talking, I guess talk to a lot of people on this, and like behind the scenes, the thing everyone's, they're building the tools ahead of the data. So data quality is what everyone's worried about because it isn't good enough data to make good decisions. So the technology, the genetic technology is there, but it's being trained on poor data.

50:01So that's the next thing. Yeah, it's partly true. It's really interesting you say that. So one of the things we've been looking at is the disparity between synthetic data and human data when it's done properly, right? So if you look right now at Evidenza, the correlations are at 0.8, 0.85. And people say, well, you know, that's not 100, right? The value is all in the last 0.1 and all that bullshit, right? But there's a big problem with that. And the problem is the assumption that the human data is correct. Well, human data doesn't correlate to human data. It doesn't. And so I'll give you a good example.

50:34Yesterday, I'm looking at data from an engineer, and he's showing me how where AI performs worst with synthetic data is when it's asked questions about predicting future human behavior. So we've looked at it. We were constantly running tests. Where does the synthetic data fall short? The real weak point is when you ask questionnaire, will you lose weight next year, and will you stop drinking next year and stuff? Way off there. And I said to the engineer, it's not way off. What you're, it's probably way on. What you're seeing is notoriously human research. And we taught this 30 years ago in questionnaire design.

51:13When you ask a consumer to speculate on the future, they're always way off. What's happening is the AI data is correct. And the human is now varying way off into the stratosphere. And I remember the guy from Kantar that does all the stuff on survey errors, who's a genius, saying to me, the reason surveys are mostly flawed it isn't because of fraud or any of that. It's because people get bored after 10 questions and just click D. And so what I'm passionate about at the moment is stopping people from going, oh, you know, it's 20 % different from the human answer, so therefore it's 20 % wrong. No, you've got to get onto a new footing now, an alien footing, where the AI is right and the human stuff is fallible.

52:00Do you know what I mean? it's funny programming that the training the machine now to do the planning a lot of the time we just replicate what me and you would have done 10 years ago building brand plans but there are lots of moments where we sit in a room and we go we don't need to do all of that we can just get it to do bing wang wong in a very strange alien way that humans couldn't do and we'd get a much better answer and you so you tread occasionally into this new alien world of how things can be done more accurately. You know, a good example is, you know, one of the things that comes out of the system is a really good segmentation.

52:33And in B2B, it produces a firm based segmentation. And then for each target segment, it gives you a very good portrait of, you know, what the firm is, but also of who makes the decision in the buying committee. And then their headshots appear. So if it's the CTO and the CFO of the two decision makers, their headshots appear. And then you can just talk to them about how they make the decision what they think what they're going to do next they sit there blinking and you can go back to them in a month's time and ask them more questions so you start to get into places where you're like holy shit you know this is a new thing we're doing it is i mean what i love about that as well is is it's solving the harder research questions not the easy ones it is actually the difficult to reach people you know the the highly technical decision making you know the complex industries the highly regulated we didn't have the data you know yeah exactly where it would have taken you six months and a phd to figure out that that's the that's the beauty of well or even even worse you just meet all these b2b companies that just can't do it right yeah i mean working with pharma pharma executives in rare diseases right where they just couldn't have got the data for ethical or practical reasons and you're like how much data would you like?

53:46There's no ethical issues. There's no market access issues. And it'll take exactly 20 seconds to get it. And they can't believe it, right? But the tests are great. It's accurate. So that revolution is fascinating. And it's very deliberate. Companies like Evidenza have picked B2B. There's more money there. There's, as you say, there's almost no data. I mean, I can run a focus group for$2 ,000. Okay, I can have a synthetic one, But two grand isn't that interesting. A pharma company will spend a million dollars on a piece of really bad, inaccurate research. You know what I mean? That's where the money is, you know.

54:23100%. Oh, mate, it's been really good to catch up. Can't wait to catch up in December. We'll see what happens, right? You do your every year, you do your big 10 moments of the year. We do the 10 big marketing moments. Obviously, there's a couple already. We can mention a certain young woman in her jeans already. And we try and talk about, you know, what are the lessons for us at the end of the year. And then we normally get massively drunk at a party in London, which I think is on the cut. There we go. Look forward to it, mate. That'll be our next stop. Sounds good, mate. Good to see you. Thank you very much for listening or watching Uncensored CMO.

54:54I hope you enjoyed that. If you did, please do hit the subscribe button wherever you get your podcasts. If you're watching, hit subscribe there as well. I'd also love to get a review. Reviews make a big difference on other people discovering the show. So please do leave a review wherever you get your podcasts. If you want to contact me, you can do. I'm over on x at Uncensored CMO or on LinkedIn, where I'm under my own name, John Evans. Thanks for listening and watching. I'll see you next time.

From the publisher

Returning guest and everyone's favourite marketing professor, Mark Ritson, is back. As usual, Mark comes out firing with some no nonsense advice to all marketers. He talks about AI taking over his Mini MBA, leaving Marketing Week, why pricing is the most important P and some rules for creativity. Sit back and soak up the knowledge from Mr Mark Ritson.

Timestamps
00:00 - Intro
01:06 - Why Mark Ritson sold Mini MBA
02:12 - Mark Ritson leaving Marketing Week
04:19 - Jon’s favourite AI use case
08:07 - Will AI take over Mini MBA?
11:38 - What marketers think is different to what customers think
12:58 - Mark Ritson on that Sydney Sweeney ad
16:15 - The Creative Dividend: what makes great marketing in 2025
27:45 - Why marketers need to be involved in the 4 Ps
30:30 - Why pricing is so important (and why marketers should be involved)
38:28 - The absence of strategy and what to do about it
42:38 - What has surprised Mark Ritson most in 2025
43:09 - Why AI is being marketed so poorly
49:58 - The power of synthetic data

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