Home AdExchanger Talks Hyundai’s New Marketing Direction

Hyundai’s New Marketing Direction

SHARE:
Angela Zepeda, chief creative officer, Hyundai Motor America

Last month, Hyundai restructured its marketing department.

The auto manufacturer eliminated the chief marketing officer role and split those responsibilities into two separate jobs: creative and performance.

The move has precedent, says Angela Zepeda, Hyundai’s former CMO – and now its chief creative officer – on this week’s episode of AdExchanger Talks.

Numerous other brands, including Wells Fargo, Johnson & Johnson, General Mills, Bank of America and Etsy, have moved away from the CMO role, which has expanded over the years to include everything from media strategy and planning to analytics and even comms.

With so much focus on sales and market expansion, Zepeda barely had enough time to devote to creative work as CMO, she says.

“Now, I’ll have a lot more time to do that and set the strategic vision,” she says. “We haven’t done enough brand building in the last couple of years and we need to get back to it. … We need to really get into the hearts and minds of consumers.”

As chief creative officer, Zepeda will oversee creative work, of course, as well as experiential marketing, multicultural and social media. Her close colleague Sean Gilpin, Hyundai’s VP of global sales marketing, is taking on the performance-related functions, including media buying, customer comms, the Hyundai website and CRM.

The creative and performance groups will divide, conquer and collaborate very closely. “We have to work very much hand in glove,” Zepeda says.

But there are skeptics that believe splitting the CMO role is a bad idea.

Brand and performance work best when those functions are fully integrated, because performance is more efficient when it’s underpinned by strong brand marketing, and in order to have strong brand marketing, you need a consistent message. One brain is actually better than two in this case, or so the argument goes.

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

Zepeda acknowledges the critics, but she isn’t worried about silos developing.

“Most of our teams have been working with each other for a long time, so we’re all very familiar with each other and have a high level of trust,” she says. “I’m sure we’ll figure out the new way forward pretty rapidly.”

Also in this episode: When to use humor in advertising and when to pull at the heartstrings, inside Hyundai’s big Paris Olympics push and dealing with signal loss using the Korean sensibilities of “ppalli ppalli” (reacting quickly) and “miri miri” (planning ahead). Plus, reminiscing about Zepeda’s first driving test as a teenager in Southern California.

For more articles featuring Angela Zepeda, click here.

Must Read

Comic: The Unified Auction

DOJ vs. Google, Day Four: Behind The Scenes On The Fraught Rollout Of Unified Pricing Rules

On the fourth day of DOJ vs. Google, the courtroom boarded a time machine back to April 18, 2019 – the day of a highly contentious meeting between Google and publishers about unified pricing rules.

Google Ads Will Now Use A Trusted Execution Environment By Default

Confidential matching – which uses a TEE built on Google Cloud infrastructure – will now be the default setting for all uses of advertiser first-party data in Customer Match.

In 2019, Google moved to a first-price auction and also ceded its last look advantage in AdX, in part because it had to. Most exchanges had already moved to first price.

Unraveling The Mystery Of PubMatic’s $5 Million Loss From A “First-Price Auction Switch”

PubMatic’s $5 million loss from DV360’s bidding algorithm fix earlier this year suggests second-price auctions aren’t completely a thing of the past.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
A comic version of former News Corp executive Stephanie Layser in the courtroom for the DOJ's ad tech-focused trial against Google in Virginia.

The DOJ vs. Google, Day Two: Tales From The Underbelly Of Ad Tech

Day Two of the Google antitrust trial in Alexandria, Virginia on Tuesday was just as intensely focused on the intricacies of ad tech as on Day One.

A comic depicting Judge Leonie Brinkema's view of the her courtroom where the DOJ vs. Google ad tech antitrust trial is about to begin. (Comic: Court Is In Session)

Your Day One Recap: DOJ vs. Google Goes Deep Into The Ad Tech Weeds

It’s not often one gets to hear sworn witnesses in federal court explain the intricacies of header bidding under oath. But that’s what happened during the first day of the Google ad tech-focused antitrust case in Virginia on Monday.

Comic: What Else? (Google, Jedi Blue, Project Bernanke)

Project Cheat Sheet: A Rundown On All Of Google’s Secret Internal Projects, As Revealed By The DOJ

What do Hercule Poirot, Ben Bernanke, Star Wars and C.S. Lewis have in common? If you’re an ad tech nerd, you’ll know the answer immediately.