When Michael Sheldon first heard Chief Marketing Officer Michael Francis was leaving Target Corp. in 2011, Sheldon's heart sank.
The Minneapolis-based retailer had just hired Sheldon's advertising agency, Deutsch Los Angeles, to work on several campaigns. A new CMO could only mean one thing, Sheldon thought.
"Put on the life preserver," Sheldon said. "We're going overboard."
Several months later, Sheldon sat among 150 other nervous agency types waiting to meet Jeff Jones, the man Target tapped to replace Francis. Spotting a chance to grab Jones for a few minutes alone, Sheldon introduced himself.
"It felt like there was no one else in the room," Sheldon said. "It was utterly refreshing. Jeff was Bill Clinton-esque."
Not only did Target retain Deutsch LA, the agency later created one of the retailer's most successful campaigns of all time: the rollout of Target's exclusive edition of "The 20/20 Experience," Justin Timberlake's first album in six years. The innovative campaign, which fused old media with social media, earned Target an eye-popping 2.2 billion media impressions (the number of times content was viewed), an astonishing figure given today's fragmented media landscape.
It was also vintage Jones, who arrived at Target a year ago to help push the master of the cheap-chic store-based retailing into the digital age. Moreover, the Justin Timberlake campaign demonstrated the tricky tightrope Jones must navigate each day as the new kid in town: how to push change without … well, throwing people overboard.
"As a marketing team, we have this incredible pedigree of really great creative execution," Jones recently told the Star Tribune in an exclusive interview. "We can't go backward on any of these things. But what we have to add to it is to embrace accountability, the modern world of data and technology, the social world of all of the ways we can harness our guests to speak on our behalf."