Mark Lollback’s big regret as McDonald’s CMO: Flushing ‘$3m down the toilet’ on Salesforce

In his four years as chief marketing officer at McDonald’s, Mark Lollback regrets spending too little time on media – “probably less than 5% of my time” – and too much money – $3m – on CRM service Salesforce.

“I think we’re all guilty, and I say this as a marketing guy, I think we’re all guilty [of] chasing down the next Holy Grail that’s going to solve our business problems,” said the former CMO and current chief executive of WPP’s media investment arm, Group M. “Whether that’s buying a Salesforce CRM system or whether it’s doing whatever, and I personally blew $3m on Salesforce at McDonald’s. I thought it was gonna be the Holy Grail.

“I got the sales pitch, I bought it, we execute it, total waste of time. We wound it back, and said ‘That was a waste of $3m’. I never said that to the board, it was a great investment [according to what I told them]. But, in reality, we blew $3m down the toilet.”

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