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Showing posts with the label Marketing automation

Marketing coffee break: Marketing Automation makes investment in people profitable

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This is our first interview in a new series on best practices in marketing technology. today we talk to James (Jamie) Morgan, vice president of global sales for SharpSpring, one of our technology partners. Most companies, we have found, that invest in new tech for marketing and sales somehow think they can skimp on professional personnel but that has been a poor model for success. The marketing automation industry is growing rapidly, one of the fastest growing industries in the world, but the tools are complex. Very few customers of the industry are making effective use of the tools and customer turnover is as high as 50 percent annually. as a result, many industry members are scrambling constantly for new customers . SharpSpring, however, ties it's business directly to marketing and communications professionals and has an admirable 2 percent turnover rate. One of the lowest in the marketing automation industry. Our discussion with Jamie shows why it is so low and why investing in ...

Echo Chamber Marketing

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While you may have many happy customers, you can rest assured that every unhappy potential customer and past customer is going to your competitors and telling them how awful you are. You just don’t know it.   No matter how many tech companies we talk to we are constantly amazed at how many believe the exact same thing about two issues. Customer satisfaction Technical superiority In issue one they believe that their customers are, collectively, more happy with their service and technology than with their competitors’; that their competitors are widely hated by their own customer base; and that their competitors, even those that no longer exist and all that are going to be are incompetent boobs. In issue two they believe that customers see their contribution as the “secret sauce” behind the customers’ end products (e.g. “Our chip makes their mobile phone the fastest/lowest power/most versatile mobile phone ever). But that contribution is considered to be a “competitive advantage” by...

Marketing Automation changes the world, and how you see it.

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This is the last installment in our series about marketing automation. We’ve looked at how you can afford it , what it really is, and how it helps sales. All of that is icing. Today we’re going right to the cake: How it changes your world. I’m a small businessman working with a select group of clients. I know who they are, what their professional and personal backgrounds are, what they need and what they want. I have a personal relationship with pretty much every current, past, and many future clients. They are people first and a source of revenue second. Once you get to the point of having more than 50 customers, maintaining that kind of intimacy gets difficult. When you are a billion-dollar corporation, it is impossible, and customers cease to be people and become only a source of revenue. Unless you have a healthy marketing automation platform in place, that is. Starwood Hotel Group is a poster child for marketing automation best practices. Every contact with a guest or potentia...