Franchise Update Magazine Issue I, 2015 | Page 42

CONSUMER MARKETING CMOQ&A Putting Heads in Beds Value Place’s Kelly Poling on her new role BY KERRY PIPES T his past September Value Place, the largest economy, extended-stay hotel brand in the U.S., named Kelly Poling executive vice president and chief marketing officer. As the leader of Value Place’s brand, marketing, and distribution strategies, Poling says she is focused on strengthening the positioning of the brand and driving more guests to its hotels across the country. The veteran executive came to Value Place from Rosetta Stone, where she led consumer marketing strategy and operations, but her hospitality industry experience runs deep. She spent seven years at Choice Hotels International, where she ran corporate strategy, marketing, and e-commerce. Other experience includes managing brands at Johnson & Johnson and developing IT and corporate strategies as a management consultant with Arthur Andersen. “I briefly left the hospitality industry to lead consumer marketing strategy and operations at Rosetta Stone, but then couldn’t stay away from hospitality and joined Value Place as the CMO in September,” she says. Poling has a BBA from The George Washington University School of Business and an MBA from the Wharton School of The University of Pennsylvania. “I also have an amazing and supportive family, including a brand new baby girl,” she says. Today, Value Place has 190 hotels open in 32 states and has garnered national recognition for the success of its franchise operations. The brand was recently named by Forbes magazine as the top hotel franchise in the U.S., was recognized as one of 2014’s Top 500 Franchises by Entrepreneur magazine, and has been one of Franchise Business Review’s Top 50 Franchises for four consecutive years. Poling is still new to the job, and we 40 wanted to know more about her—and her plans for overseeing the brand’s marketing direction in 2015. Describe your role as CMO. My role as CMO is pretty inclusive. My team is responsible for not only the traditional marketing functions like creative development and media buying, but also brand strategy, e-commerce, digital marketing, social media, corporate communications, the inbound and outbound contact centers, email marketing, and online thirdparty distribution. What’s unique about the CMO position at Value Place? Given the inclusive nature of the position, my team not only has to optimize our marketing strategy, but also our distribution strategy across the various channels through which we deliver reservations. What’s the most challenging part of being a CMO today? The marketing function is much more analytical than it has ever been before. Gone are the days when a CMO can be successful relying only on gut creative instinct. One of the biggest challenges of being a CMO today is having to balance both sides of your brain—the creative and the quantitative. What are the 3 most important keys to being an effective CMO leader today? To be an effective leader today, CMOs need to: 1) run their business by the numbers— there is more data available to marketers than ever before and we need to leverage it; 2) stay committed to constantly learning and staying on top of emerging trends—the environment is changing rapidly and we need to evolve with it; and 3) ensure brand authenticity—consumers are savvier than ever before with almost infinite access to information, so if you are trying to be something you’re not, it’s immediately transparent. How do you prepare a marketing plan and execute the strategies? We start by gathering data about the customer, the competition, and the contextual environment. We then set marketing objectives that align with corporate goals and prioritize initiatives based on projected impact. Finally, we set clear KPIs, measure them regularly, and use our findings to improve the plan going forward. How do you measure marketing results and effectiveness? There was a time when the only way to measure marketing performance was tracking directly attributable revenue. However, today we have at our disposal Franchiseupdate ISS U E I, 2 0 1 5 fu1_market_cmoqa(40-41).indd 40 2/6/15 6:11 AM