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Five Ways Marketing Technology Will Transform Our Industry

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Though 83% of B2B marketers say creating buyer-centric marketing is a priority, only 23% claim to be advanced in its implementation, according to research firm SiriusDecisions.

This discrepancy isn't surprising when you look at the technology landscape in which today's marketers operate.

 Nearly 2,000 marketing solutions that specialize in search, email, social, events, webinars, videos, and much more are now available. Marketers have defaulted to building marketing strategies around these channels-focused investments rather than buyer interests.

But priorities are shifting away from rigid channel-based tactics toward holistic strategies that deliver a consistent buyer experience across all devices and outlets, and allow for adaptation in the face of inevitable change.

How will marketing technology help push us toward that brighter future?


Here are five ways.

1. Integration will rule

Integration is the key to supporting real alignment across teams, getting visibility into all your content and campaigns, surfacing insights that are otherwise locked inside tools, and ensuring your buyer's journey is clear and consistent.

If your investments in marketing technology are going to succeed, those different apps and systems need to "talk to each other." And that's where integration is critical.

Rebecca Lieb, industry analyst at the Altimeter Group, refers to a future model called the "content marketing stack," which combines eight specific workflow solutions around content and social.

This stack will not only work with technologies currently on the market, Lieb says, but will also promote integrations with future tools.

"There can always be new technologies that emerge, technologies we haven't even thought of or conceived of at this point," Lieb says. "But there is an immediate need for all of these point solutions on the landscape to start talking to each other and start playing nice with each other."

By opening up their APIs, marketing "stacks" will allow new technologies to plug into their environments seamlessly.

2. Marketers will become technologists

As the technology landscape shifts toward integration, marketers will need to become more tech-savvy than ever.

Mayur Gupta, chief marketing technologist at Kimberly-Clark, calls the future marketer who is not only technically driven but also creatively driven "The Unicorn."

"The Unicorn is a modern marketer who is a technologist," Gupta says. "But she is also a storyteller, she is also a creative, she is also a copywriter."

The Unicorns will cut across silos—both internal and external—unifying the customer journey from awareness to sale through retention.

The result is a closely integrated department, regardless of function, that can plan and deliver marketing campaigns based on both analytical and creative decision-making.

3. Silos will shatter

Most marketing teams today depend on static documents circulated via email for feedback or a sea of disorganized Google documents. As a result, multiple versions and conflicting edits throw a wrench in efficiency, confusing stakeholders and stalling campaign launches. There are no visible tasks or next steps, and things get very messy very quickly.

Visibility is the cornerstone of a customer-centric marketing process. Future marketing teams will depend on agile, adaptable processes that hinge on real-time editing and collaboration on cloud-based platforms.

This integrated platform will grant organization-wide visibility across all functions, channels, and tools.

4. New executive roles will emerge

Great customer experiences are human-driven, not technology-driven. Companies need someone to hold the reins on internal marketing technology investments, organizing and prioritizing them to deliver a rewarding customer experience.

Some 70% of companies today already have a chief marketing technologist (CMT). Soon, it will be more like 90%.

Research firm Gartner defines CMTs as "familiar with marketing techniques as well as technologies. They need to understand how to use technology to define markets, attract, acquire, and retain customers."

Their main job, as Scott Brinker puts it, is to enable a holistic approach to marketing technology and help leadership recognize how new technologies can open up new opportunities across all teams.

Technically fluent storytellers, CMTs are the bridges between IT and marketing. They work closely with the CIO and the CMO to establish the technological blueprint that allows companies to serve their customers at the highest level.

5. Insights will surface

Future integrated marketing technology stacks will provide real insights into marketing performance, surfacing data previously locked in separate tools.

These platforms will provide far more than vanity metrics like unique views and shares. They'll integrate with social, CRM, marketing automation, and Web analytics tools to reveal results across all channels throughout the buyer's cycle. The results then give marketers insight into which content and messages speed up the pace to purchase.

This vision of marketing technology isn't only a figment of our imaginations. There are centralized platforms already adopting this model today.


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Liz Dennison is a writer and content manager at Kapost, a software company that allows marketers to develop, manage, distribute, and analyze their content from one place.

LinkedIn: Liz Dennison  

Twitter: @lizkoneill

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Comments

  • by Katherine Wed Mar 25, 2015 via web

    Liz, your points on integration and insights are so true. Without our different marketing technology being able to work in tandem, we have no way of knowing how or when a lead turned into an opportunity and an opportunity turned into a sale.

    To nurture and manage our customers, we use Marketo (track leads from web and email), DialogTech (attribute inbound phone leads back to our marketing), and Salesforce CRM (feed lead data in from both Marketo and DialogTech).

  • by George Schildge Wed Mar 25, 2015 via web

    For those CMOs who arenít quite up to speed on technology yet, it may not be imperative to understand every one of the 1000 or more marketing and ad platforms in the market. What is important is identifying those that are going to be relevant to your business.

    I take an afternoon every week to seek out information on marketing technologies and emerging trends online. You must have a curiosity, be technology savvy, and you have to speak the language and re-educate yourself on the elements that will be effective in your business. If you are a business admin-focused marketer today that doesnít quite get the technology or thinks youíve reached a point where you can stop learning and rest on your laurels, then youíre toast. Reach out here: http://matrixmarketinggroup.com/george-schildge/

  • by Neil Mahoney Wed Mar 25, 2015 via web

    Per Rebecca Lieb's comment on Integration, my "15 Commandments for a truly integrated Marketing-Sales Process" details the steps that are necessary to accomplish that,

  • by Liz Wed Mar 25, 2015 via web

    @Katherine, Thank you so much for reading! Also, thanks for sharing your own technology map. I think it's important to share our different strategies for integrating/navigating this crowded marketing technology landscape.

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