Rich M. Smith, MBA

Rich M. Smith, MBA

Greater Philadelphia
14K followers 500+ connections

About

When CEOs, Boards, and Investors need to accelerate profits and differentiate
their…

Articles by Rich M.

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Experience

  • Rich M. Smith Growth Studio Graphic

    Rich M. Smith Growth Studio

    Greater Philadelphia

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    Philadelphia, Pennsylvania, United States

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    State College, Pennsylvania, United Statess

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    Philadelphia, PA

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    Philadelphia, Pennsylvania, United States

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    Philadelphia, Pennsylvania, United States

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    New Jersey

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    Philadelphia, Pennsylvania, United States

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    Greater Philadelphia Area

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    King of Prussia, PA

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    Fort Washington, PA

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    Wilmington, DE

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    New York, NY

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    Wilmington, DE

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    Wilmington, DE

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Education

Volunteer Experience

  • Boy Scouts of America - Del-Mar-Va Council Graphic
  • Head Coach

    Malvern League Girls Basketball

    Children

    Coach CYO Girls Basketball

  • Coach

    Brandywine Bruins & Chester County Thunder AAU Basketball

    Children

    Coach competitive regional travel AAU Basketball Team

  • Coach

    Brandywine Youth Club

    Children

    Coach Travel and Intramural Youth Baseball and Basketball Teams

Publications

  • Say Goodbye to Personas: Adapting your marketing strategy for today’s consumer

    CustomerThink

    Personas have historically played a central role in the marketers’ playbook for understanding, segmenting, and targeting consumers. By dividing groups of consumers based on characteristics like demographics, income, occupation, and location, however, what is ultimately created is a profile of the “average” consumer within each segment. While this strategy can be helpful when trying to gain a high-level understanding of your various audiences, it falls short for engaging consumers in 2021.

    See publication
  • How to Market in 2021: Aligning Strategy with Changing Consumer Behavior

    Martech Cube: Insights for Modern Marketers

    The pandemic precipitated significant behavioral changes for consumers. For most, the biggest change was sheltering in place in an effort to limit outside, in-person interaction. This resulted in a huge spike in online activity that caught many in the marketing industry flat-footed. With such a crowded digital landscape, marketers must adjust their strategy to gain the attention of already distracted consumers.

    See publication
  • Pandemic, privacy and the CX: What to prioritize in 2021

    ClickZ: Marketing, Technology, Transformation

    - To fight a crowded digital marketplace, marketers will have to create hyper-personalized shopping experiences in 2021.
    - Leveraging behavioral data will enable marketers to keep up with changing consumer behavior as the pandemic continues to develop.
    - Marketers will need to consider current and future privacy regulations while developing strategies.

    See publication
  • Marketing Challenges - And Solutions - for 2021

    MarTech Zone

    Last year was a bumpy ride for marketers, forcing businesses in nearly every sector to pivot or even replace entire strategies in the face of unfathomable circumstances. For many, the most notable change was the impact of social distancing and sheltering in place, which created a huge spike in online shopping activity, even in industries where ecommerce was not previously as pronounced. This shift resulted in a crowded digital landscape, with more organizations vying for consumer attention than…

    Last year was a bumpy ride for marketers, forcing businesses in nearly every sector to pivot or even replace entire strategies in the face of unfathomable circumstances. For many, the most notable change was the impact of social distancing and sheltering in place, which created a huge spike in online shopping activity, even in industries where ecommerce was not previously as pronounced. This shift resulted in a crowded digital landscape, with more organizations vying for consumer attention than ever before.

    It’s unlikely this shift will reverse itself. The challenge for 2021 is to figure out how to cut through the noise and deliver the sort of meaningful and personal experiences that can compete with face-to-face interactions.

    See publication
  • The Customer Journey and COVID-19: How to Keep Up

    TalkCMO

    It’s no surprise that online interactions have increased since the start of the pandemic. With more customers spending time at home, 80% of businesses indicate their online interactions with customers have increased. In response, marketers are committed to improving the customer experience, with C-level executives saying they are invested in the customer experience. In fact, 60% of those surveyed report adding additional customer touch points to the customer experience.

    The customer…

    It’s no surprise that online interactions have increased since the start of the pandemic. With more customers spending time at home, 80% of businesses indicate their online interactions with customers have increased. In response, marketers are committed to improving the customer experience, with C-level executives saying they are invested in the customer experience. In fact, 60% of those surveyed report adding additional customer touch points to the customer experience.

    The customer experience needs major attention as online interactions and traffic continue to grow. Marketers need to reevaluate their strategy and focus—instead of relying on touch points alone, there should be added effort to creating meaningful customer interactions.

    See publication
  • Using Behavioral Data to Drive Better Customer Experiences

    Customer Think

    Growth and competition in the digital landscape has caused many marketers to bury their consumers in ill-timed messages, inundating them with potentially unwanted information and unneeded choices. But, advanced marketing has evolved from buying attention to get our brand in front of the consumer to something that actually improves the shopping experience.

    It’s the age-old dilemma of understanding where shoppers are in their buying journey so we can send the right message at the right…

    Growth and competition in the digital landscape has caused many marketers to bury their consumers in ill-timed messages, inundating them with potentially unwanted information and unneeded choices. But, advanced marketing has evolved from buying attention to get our brand in front of the consumer to something that actually improves the shopping experience.

    It’s the age-old dilemma of understanding where shoppers are in their buying journey so we can send the right message at the right time. Understanding the consumers’ level of intent at a given moment, and engaging with them accordingly is what makes or breaks our success. So what’s the most efficient and effective way to achieve this? At Jornaya, we feel it’s leveraging behavioral data.

    See publication
  • Ways to take consumer privacy seriously in the time of COVID

    ClickZ: Marketing Technology Transformation

    Jornaya data shows the number of TCPA Visual Playback (VPB) requests skyrocketed in May 2020. These requests occur when a client receives a complaint from a consumer and requests a visual rendering of the consumer’s web session to show what disclosures were presented to the consumer.
    The increase in online shopping due to COVID-19 coupled with the influx of consumer complaints means marketers using automatic telephone dialing systems should be doubling down on consumer privacy and their…

    Jornaya data shows the number of TCPA Visual Playback (VPB) requests skyrocketed in May 2020. These requests occur when a client receives a complaint from a consumer and requests a visual rendering of the consumer’s web session to show what disclosures were presented to the consumer.
    The increase in online shopping due to COVID-19 coupled with the influx of consumer complaints means marketers using automatic telephone dialing systems should be doubling down on consumer privacy and their ability to prove compliance with the TCPA.
    In this contributed article, Jornaya’s Chief Marketing Officer Rich Smith discusses what marketers can do to become more TCPA compliant, including:
    Documenting proof of consent, allowing you to deter and help defend against the costly and rising number of TCPA complaints.
    Ensuring that proof of consent is stored and available in perpetuity to defend a plaintiff or class action lawsuit.
    Capturing and providing a verified record of every web session through visual rendering technology and reports.

    See publication
  • The Future of Retail is a simple as I.D.E.C.

    Retail Insights

    No one would deny that the face of retail is changing due to the forces of e-commerce. What we may not fully grasp yet is how that pace of change is accelerating and what it will mean for many industries in even a relatively short time horizon of five to 10 years.

    See publication
  • What Barneys bankruptcy means for luxury retail

    Retail Environments Magazine

    Last week, famed New York luxury retailer Barneys filed for chapter 11 bankruptcy protection with plans to close most of its stores, citing the downturn in the retail industry and rent hikes.

    This bursts the theory that the high-end segment of retail is immune to the trends of e-commerce. As the theory went, high-end retailers like Barneys would continue to be a destination where people would come to experience the merchandise and would survive in populous, affluent markets.

    See publication
  • Three Ways to Rev Up Your Company's Marketing Engine

    AdvertisingAge

    Marketing sometimes feels like a race that can't be won. Not only must one continually edge out the competition to succeed, but the finish line keeps moving. Even as our marketing savvy advances, consumers, who are barraged with messages left and right, continue to find ways to evade our attempts to connect. Maneuvering into a position of advantage indeed takes skill, strategy and practice and is a struggle familiar to any marketing leader.

    Other authors
    See publication
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Projects

  • ditech brand platform

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Honors & Awards

  • 2023 Gold Marcom Award

    Marcom Awards

    Gold Marcom Award winner for "What are the requirements for a FHA Loan?"

  • 2023 Platinum Marcom Award

    Marcom Awards

    Platinum Award Winner for "Preparing Your Home to Sell - Infographic

  • 2022 Marketing Leader of the Year

    Housingwire

    Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory. Tasked with an endless list of functions, this year’s 2022 Marketing Leaders did it all despite market turmoil. Phoning it in is not an option for this list of leaders who are constantly coming up with bold ideas that help push their teams to…

    Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory. Tasked with an endless list of functions, this year’s 2022 Marketing Leaders did it all despite market turmoil. Phoning it in is not an option for this list of leaders who are constantly coming up with bold ideas that help push their teams to think big and drive their organizations forward in housing.

    This year’s list includes marketing leaders who have used their creativity, agility and leadership skills to continuously grow and strengthen their brands.
    https://www.housingwire.com/winner-profile/2022-marketing-leader-rich-smith/

  • 2022 Financial Marketing Strategy Award

    Gramercy Institute

    Winner of the 2022 Financial Marketing Strategy Award in the Lending Category for multi-channel personalized pricing strategy that allowed PenFed to increase member mortgage penetration by over 90% in 2021.

  • 2021 FCS Portfolio Award: B2B External Communications Audio

    Financial Communications Society

    Bronze Award Winner for the Jornaya Talks Mortgage Podcast

  • 2021 Financial Content Marketing Award: Consumer Lending

    Gramercy Institute

    Winner of the 2021 Content Marketing Award in the Consumer Lending Category for the PenFed First Time Home Buyers eBook: The 7 Steps to Home Ownership

  • 2018 Benjamin Franklin Award

    Philadelphia Direct Marketing Association

    Winner of award for Social Media campaign

  • 2016 Gramercy Strategy Award

    The Gramercy Institute

    Winner of the 2016 Gramercy Strategy Award in the Consumer Lending category for Ditech's Retention Marketing Strategy

  • 2015 CMO Award - Marketing Innovation

    The CMO Club

    The CMO Marketing Innovation Award recognizes demonstrated capability in creating an innovative environment that delivers break-through marketing and game-changing outcomes in ROI, customer engagement and/or for the industry as a whole.

  • 2015 Target Marketer of the Year

    Target Marketing Magazine

    Selected by magazine editors from reader nominations

  • 2015 Gramercy Strategy Award

    The Gramercy Institute

    Winner of the 2015 Gramercy Strategy Award in the Consumer Lending category for the ditech brand re-launch strategy.

  • 2015 Benjamin Franklin Award

    Philadelphia Direct Marketing Association

    Winner of the award for Interactive E-mail

  • Twenty Rising Stars in Financial Marketing 2012

    The Gramercy Institute

    The Gramercy Institute honors "Twenty Rising Stars in Financial Marketing” for their accomplishment, their inspiration and their leadership of the financial marketing industry into the future.

    The Gramercy Institute, based in New York City, publishes The Journal of Financial Advertising & Marketing (JFAM), owns and manages The Financial Marketers' Alliance (FMA), and works with the world's leading financial marketers, agencies and media companies providing consulting, research, and…

    The Gramercy Institute honors "Twenty Rising Stars in Financial Marketing” for their accomplishment, their inspiration and their leadership of the financial marketing industry into the future.

    The Gramercy Institute, based in New York City, publishes The Journal of Financial Advertising & Marketing (JFAM), owns and manages The Financial Marketers' Alliance (FMA), and works with the world's leading financial marketers, agencies and media companies providing consulting, research, and analysis.

  • Top 500 Marketing Executive

    ExecRank

    ExecRank screened and evaluated over 15,000 Marketing Executives this year to rank only the top 500. 2012 has seen a heavy focus on social media marketing and strategic partnerships as well as innovative engagement strategies that break through the clutter and show a positive return on investment.

Organizations

  • CMO Collaborative

    Chapter Leader - Philadelphia

    - Present

    CMO Collaborative™ is for those who want to connect, collaborate, and support each other. As a CMO, you may sometimes feel isolated in your role, facing unique challenges and responsibilities that only other CMOs can truly understand. We believe that the future of marketing belongs to those who are willing to take risks, embrace change, and disrupt the status quo. If you share this vision, we invite you to join our community of disruptive, new and next-generation CMOs today!

  • The CMO Collective

    Co-Chair & Governing Body Member

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    Co-Chair of the 2013 & 2014 New York CMO Collectives. The CMO Collective is a series of private gatherings built by CMOs, for CMOs. These exclusive, invitation-only events are steered by a Governing Body of distinguished marketing leaders from Fortune 1000 companies. The CMO Collective provides an opportunity to connect with an unparalleled network of peers. This creates a dynamic community of CMOs and senior marketing executives from leading organizations in each region. The purpose is to…

    Co-Chair of the 2013 & 2014 New York CMO Collectives. The CMO Collective is a series of private gatherings built by CMOs, for CMOs. These exclusive, invitation-only events are steered by a Governing Body of distinguished marketing leaders from Fortune 1000 companies. The CMO Collective provides an opportunity to connect with an unparalleled network of peers. This creates a dynamic community of CMOs and senior marketing executives from leading organizations in each region. The purpose is to provide a content-rich forum where sponsors and speakers are invited to participate only via nomination from the Governing Body.

  • The CMO Council

    North American Advisory Board Member

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    The Chief Marketing Officer (CMO) Council is dedicated to high-level knowledge exchange, thought leadership and personal relationship building among senior corporate marketing leaders and brand decision-makers across a wide range of global industries. The CMO Council's 6,000 members control more than $300 billion in aggregated annual marketing expenditures and run complex, distributed marketing and sales operations worldwide. In total, the CMO Council and its strategic interest communities…

    The Chief Marketing Officer (CMO) Council is dedicated to high-level knowledge exchange, thought leadership and personal relationship building among senior corporate marketing leaders and brand decision-makers across a wide range of global industries. The CMO Council's 6,000 members control more than $300 billion in aggregated annual marketing expenditures and run complex, distributed marketing and sales operations worldwide. In total, the CMO Council and its strategic interest communities include over 20,000 global executives in over 100 countries covering multiple industries, segments and markets.

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