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CMO Weekly
OpenFortune
108 episodes
2 days ago
"CMO Weekly," hosted by OpenFortune's Hayley Clover, explores the journeys of top Chief Marketing Officers. Each episode features in-depth conversations with influential marketing leaders, uncovering their strategies, challenges, and success stories. The podcast offers insights into marketing innovation, leadership, and brand-building for both aspiring and seasoned professionals. Clover delves into the career-defining moments and philosophies that shape marketing excellence, providing a unique insider's view of the industry's most brilliant minds.
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Business
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All content for CMO Weekly is the property of OpenFortune and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
"CMO Weekly," hosted by OpenFortune's Hayley Clover, explores the journeys of top Chief Marketing Officers. Each episode features in-depth conversations with influential marketing leaders, uncovering their strategies, challenges, and success stories. The podcast offers insights into marketing innovation, leadership, and brand-building for both aspiring and seasoned professionals. Clover delves into the career-defining moments and philosophies that shape marketing excellence, providing a unique insider's view of the industry's most brilliant minds.
Show more...
Business
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Peter Scherr of NOOM: Inside NOOM's Marketing Evolution
CMO Weekly
33 minutes 44 seconds
1 month ago
Peter Scherr of NOOM: Inside NOOM's Marketing Evolution

This episode of CMO Weekly features an interview with Peter Scherr, the Chief Marketing Officer of Noom. Hosted by Hayley Clover, the show delves into Scherr's career and his current role guiding Noom's marketing strategy.Key Discussion Points: Career Trajectory: Scherr discusses his diverse career path, which began in investment banking before he quickly realized it wasn't his passion. He then moved into digital marketing, working at a startup acquired by DoubleClick (now part of Google). This experience provided a foundational understanding of building a digital business. He went on to hold key marketing roles at companies like JetBlue, American Express, and Vroom, where he helped build the brand and take it public. Joining Noom: Scherr was drawn to Noom because it sits at the intersection of technology and healthcare and has a mission to empower people to live better, longer lives. He was also excited by the company's evolution from a weight loss app to a broader digital health platform. Marketing at Noom: Scherr explains that Noom's marketing is science-backed but focuses on storytelling that people can relate to, such as struggles with willpower or the relief of progress. The company leads with empathy, transparency about benefits and costs, and aims to resist hype. Noom's approach emphasizes understanding the "why" behind behavior, not just the "what," to help users build healthy habits. Measuring Success: Beyond clicks, Noom measures success through metrics like the lifetime value to customer acquisition cost ratio (LTV to CAC) to ensure profitable growth. Retention is a huge component of LTV, and they measure it by tracking user engagement with lessons and coaching, and whether users feel more confident over time. Use of AI and Channels: While AI is not used to create all content due to the industry's strict regulations and need for human review, Noom uses it to support human coaches, analyze marketing data, and create personalized plans for users. Scherr states that the company's brand efforts are dominated by TV and OTT, while digital channels are focused on paid social in Meta and Google. Leadership and Advice: Scherr describes his leadership style as one of empowerment, encouraging team members to act as CEOs of their respective channels. He emphasizes accountability, developing people, and leading by example with fairness and ethics. He advises new marketers to dive deep into their channel but also to pay attention to how all the different parts of a campaign work together.#cmoweekly #marketing #startup #podcastinterview #noom

CMO Weekly
"CMO Weekly," hosted by OpenFortune's Hayley Clover, explores the journeys of top Chief Marketing Officers. Each episode features in-depth conversations with influential marketing leaders, uncovering their strategies, challenges, and success stories. The podcast offers insights into marketing innovation, leadership, and brand-building for both aspiring and seasoned professionals. Clover delves into the career-defining moments and philosophies that shape marketing excellence, providing a unique insider's view of the industry's most brilliant minds.