Having been at this #martech thing for a minute, Scott's framing and reframing of marketing and martech both surprised / didn't surprise me one tiny bit. Since day one we've been asking "Is martech a thing?" We asked it so often that it became a joke of sorts. After all, if martech wasn't a thing, why on Earth were we building a brand around it? The CMO survey cited in Scott Brinker's post highlights for me, the core of what's going on in marketing today which is that you cannot do modern marketing without technology. It's like air at this point. No technology, no marketing. I'd bet that the 24.7% of CMOs reporting that their companies are not using marketing technology isn't a reflection of their competency or knowledge of their organization's stack but something much, much simpler. It's that MARTECH IS MARKETING - and for at least some of those CMOs, they don't care to make the distinction. And that's why we run the MarTech Conference and write on MarTech.org - because it's impossible today to "do marketing" without "marketing technology." Mike Pastore Chris Elwell Constantine von Hoffman Chris Wood Kim Davis https://lnkd.in/e9RFhYRs
Marc Sirkin’s Post
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What??? 1 out of 4 Marketer said that they don't use Marketing Technology... Well, we all know that this can't be true in today's digital world. I guess the reason could be that these Marketers are paying for MarTech without buying i.e; Mentally not aligned that they have already invested in MarTech due to a underlying perception of MarTech as something really big and expensive. As Scott Brinker mentions in the article below, the big onus lies on MarTech vendors to start engaging with Marketers with a strategic approach than a tactical approach. Think beyond license fees and hours, align with Brand's vision, become their extension and bring in real transformation by strategizing together alongwith Marketers. They know their business well and you know your technology well. Good combo.. Is it easy?? No. Is it beneficial?? Yes 😊 For all of us belonging to this era of MarTech, we have big opportunity lying in front of us to bring in transformation as the potential is huge. Would love to hear thoughts from both sides of the table on how vendors and marketers can collaborate and shine together...
16 years later, the present — not future — of martech is here, but unevenly distributed
https://chiefmartec.com
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🚀 Stay ahead of the curve with Exploding Topics' top 11 martech trends for 2024-2025! 🌟 Discover the game-changing innovations shaping the future of marketing technology and revolutionizing how businesses connect with customers.💡 #MartechTrends2024 #InnovationIsKey https://lnkd.in/gTK-ZpMF
13 Top Marketing Trends (2024 & 2025)
explodingtopics.com
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In a well-connected company, the marketing team and technology teams have open lines of communication. Any time there's a technology decision, by any group, it's great to get the opinion of people who work in your tech department, even if the decision doesn't obviously affect them. Because tech teams have had to evaluate tools of all sorts, they can help other groups make their evaluation, and think about long term issues, and see some blind spots that other groups may miss. Likewise, I think technology teams should consult with other departments on their decisions too, but that's a story for a different article. Check out this new article from Forbes that I contributed to, with lots of ways for marketing teams to utilize the technology experts within their own company!
Council Post: CMOs: 20 Ways Your Tech Colleagues Can Support Marketing Efforts
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The fast-paced future of marketing belongs to brands that make strategic martech decisions today. Check out P. Tate Olinghouse's insights in Business Reporter on how embracing martech modernization can help brands create meaningful experiences and achieve sustainable growth: https://lnkd.in/gpdXurxk
Tech up or shut down: the ultimate marketing survival guide
business-reporter.com
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Our weekly MarTech newsletter just dropped❗️ The ClickZ MarTech Weekly Newsletter is packed with insights to keep you ahead in the ever-evolving world of technology-driven marketing: 📣 Strategic Insights: Oracle's exit from ad tech signals a new era—learn how identity-powered systems can future-proof your marketing approach. ✨ Sustainability and Tech: Only 21% of organisations fully leverage technology for sustainability goals. It’s time to align tech with your mission. ✨ Digital Dominance: Digital ads now capture 80%+ of ad spend—are your budgets aligned with the future? ✨ Proactive vs. Reactive Marketing: Balance is key to staying competitive—know when to plan and when to pivot. Read more below 👇 https://lnkd.in/eK33S4tP #MarTech #DigitalAdvertising #MarketingStrategies #SustainabilityGoals #AIInnovation
ClickZ MarTech Newsletter - 11.14.2024
martech.clickz.com
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The numbers are in: marketing budgets are below pre-pandemic levels. [Insert collective marketer panic here.] Gartner's bi-annual report states that CMOs see this as a chance to leverage AI—and they’re not wrong, well, kind of... (but more on that next week!) Everyone is saying, "we have to do more with less." Although it might feel that way, there is another way of looking at it. It's not about doubling down on efforts but rather about shifting focus to marketing initiatives that have the highest impact. More importantly, initiatives with higher ROI. Now is the time not to get scattered as an organization with random acts of marketing, like: "our competitors just did that, we should too!" The key to avoiding this is to ensure every marketing initiative is directly linked to a business objective, moving the needle towards your goals. So, it's not about doing more with less. Like I've always told my teams: "It's about doing what matters most with what we have."
AI Boosts Marketing Efficiency, Insights from Gartner’s 2024 CMO Spend Survey
digitalinformationworld.com
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What makes a Data-Driven Marketing Leader? Today’s focus: Profitability Metrics A data-driven #marketingleader shows bottom line impact through metrics. The data-driven marketing leader focuses on how well the marketing messages drive engagement with a target audience on the channels that are open for business. Even in long sales cycles, engagement with content and channels is a leading indicator that directionally correlates to the sales of products and services. Leading indicators provide campaign impact and allow for optimization or course correction to occur. Examples of leading indicators include click thru rates, web site visits, email opens, social likes and shares. We review leading indicators to maximize campaign efficiency. For instance, we see lots of clicks from banner ads which is perceived as high engagement, but the time spent on the web site is low. We test a different banner ad to see if we can drive higher quality traffic to the web site that stays on site longer, engages with more content and conducts conversion activities. That’s how we optimize to find higher quality audiences. Lagging indicators like return on ad spend (ROAS) and Customer Acquisition Cost (CAC) are computed after sales are logged. As lagging KPIs are collected later in the marketing cycle, they validate the effectiveness of what worked well in a given marketing message and point to adjustments that can be made in the next campaign. Lagging KPIs show the longer term impact marketing has on the business. By showcasing leading and lagging indicators in #dashboards and reports, marketing builds trust with stakeholders and shows the impact it has on the bottom line. A great #datadriven marketing leader demonstrates that marketing is not just an expense, but a path to profitability for the long term.
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🎯 In a fast-paced digital world, relying on legacy marketing platforms is no longer an option. In his latest Forbes interview, Cordial's CEO, Jeremy Swift, shares his thoughts on why it’s time for forward-thinking brands to upgrade to modern solutions that offer true 1:1 personalization, AI-powered insights, and a unified cross-channel orchestration. The future of marketing is here, and it’s about working smarter, not harder.
Legacy Marketing Clouds Fail To Meet Modern Marketers’ Needs
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The marketing landscape is always evolving, driven by technological advancements, changing consumer behaviour, and data privacy regulations. Regularly storing and analysing data is crucial for companies to maximise the effectiveness of their marketing strategies. Here's why: ➡ Informed Decision-Making Companies gain insights into preferences, behaviours, and trends by regularly analysing customer data. This information informs strategic decisions and allows for more targeted and personalised marketing campaigns. ➡ Anticipating Future Trends Predictive analytics forecasts future trends and anticipates customer needs and behaviours. By leveraging historical data and machine learning algorithms, companies can stay ahead of the curve and optimise marketing efforts accordingly. ➡ Continuous Optimisation Data-driven optimisation through A/B testing and experimentation allows companies to refine marketing tactics continuously. Regular analysis of performance metrics allows adjustments to ad copy, visuals, and messaging for optimal engagement and conversions. ➡ Enhanced Personalisation Access to rich customer data allows companies to deliver highly personalized marketing experiences. Tailoring messages, offers, and recommendations based on individual preferences can significantly improve customer engagement and ROI. ➡ Efficient Resource Allocation Analysing channel performance data helps companies allocate marketing budgets more effectively. By prioritising channels that drive the highest returns, companies optimise their marketing mix for maximum impact. ➡ Tailored Content Strategies Data insights inform content marketing strategies, ensuring that content resonates with target audiences. By analysing consumption patterns and lead generation data, companies can effectively create content that addresses customer interests and pain points. 💡 Regularly storing and analysing marketing data in reports empowers companies to make informed, data-driven decisions, leading to improved targeting, personalisation, optimisation, and overall marketing effectiveness.
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🌟 Embracing the Intersection of Creativity and Technology in Marketing 🌟 In the ever-evolving realm of marketing, it's crucial to recognize the dynamic fusion of creativity and technology as the driving force behind innovation and success. As marketers, we are tasked with not only capturing attention but also fostering meaningful connections that resonate with our audience on a deeper level. Here are some insights on how this synergy can elevate your marketing strategies to new heights: 🚀 Creative Data Utilization: Gone are the days when creativity and data were seen as opposing forces. By harnessing the power of data analytics, we can uncover valuable insights that fuel our creative endeavors. Understanding consumer behavior, preferences, and trends allows us to tailor our messaging with precision, resulting in more impactful campaigns. 🌈 Personalization at Scale: Technology has opened up a world of possibilities when it comes to personalizing the customer experience. Through AI-driven algorithms and machine learning, we can create tailored content and recommendations that speak directly to the individual preferences of our target audience. This level of personalization not only enhances engagement but also fosters a sense of loyalty and connection. 📈 Agile Marketing Strategies: The rapid pace of technological advancement requires marketers to be agile and adaptable in their strategies. By incorporating technology into our marketing toolkit, we can quickly iterate, optimize, and pivot based on real-time data and insights. This flexibility allows us to stay ahead of the curve and respond effectively to changing market dynamics. 💡 Embracing Innovation: At the core of this creative-technology synergy lies a spirit of innovation that propels us forward. By embracing new tools, platforms, and techniques, we can unlock fresh opportunities for growth and differentiation in an increasingly competitive landscape. Let's dare to push boundaries, challenge conventions, and pave the way for new possibilities in marketing. As we navigate the complex landscape of modern marketing, let's remember that the magic happens at the intersection of creativity and technology. By harnessing this powerful synergy, we can craft compelling narratives, forge authentic connections, and drive meaningful results that resonate with our audience on a profound level. Together, let's embrace the future of marketing with open arms and open minds. ✨💼 #MarketingInnovation #CreativityAndTech #FutureOfMarketing
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