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Pardot vs. Marketo: A Marketing Automation Comparison - TechnologyAdvice

Pardot vs. Marketo: A Marketing Automation Comparison - TechnologyAdvice | The MarTech Digest | Scoop.it
When comparing Pardot vs. Marketo, you’ll need to know the pricing and features breakdown for each tool. You could pay less for Marketo per month, but add-ons may nickel-and-dime you pretty quickly. You’ll also need to know how much manpower you have, as both of these options require a significant time investment for learning and configuring the product. Steep learning curves ahead. 

Joemktg's insight:

Two top tier vendors with complex offerings. CT for the comparison.

 

Not having a fun time with IT? Contact us: we can act as your buffer to get the job done. #MarTech #DigitalMarketing

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Marketo vs Pardot: Who Trumps Who? - Capterra Blog

Marketo vs Pardot: Who Trumps Who? - Capterra Blog | The MarTech Digest | Scoop.it

marketingIO: One Source for All Marketing Technology Challenges. See our solutions

Joemktg's insight:

It really is a ridiculous amount of money for the size of the DB.

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Marketo Announces 56% Year-Over-Year Revenue Growth For 2014 - Demand Gen Report

Marketo Announces 56% Year-Over-Year Revenue Growth For 2014 - Demand Gen Report | The MarTech Digest | Scoop.it

► About Us: iNeoMarketing provides Marketing Technology services, applications and support to B2B companies who may not have the required resources, knowledge or expertise. Visit us at ineomarketing.com. ◄

Joemktg's insight:

Yup: sure looks like marketing automation is slowing down.

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Marketo LaunchPoint Doubles In Size - Marketo

Marketo LaunchPoint Doubles In Size - Marketo | The MarTech Digest | Scoop.it
Marketo announced that its LaunchPoint partner ecosystem has doubled in size since its inception in 2012. LaunchPoint now houses roughly 400 applications, offering applications that address areas such as analytics, mobile, video and content marketing.
The company states that Marketo customers often use three or more LaunchPoint partner solutions in conjunction with its marketing automation platform.


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Joemktg's insight:

FYI. A healthy growth rate as we continue to debate best of breed vs. cloud.

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Marketo Posts 54% Revenue Increase in Q3 - Demand Gen Report

Marketo Posts 54% Revenue Increase in Q3 - Demand Gen Report | The MarTech Digest | Scoop.it
Marketo announced its third quarter results, highlighting revenue of $39.3 million, a 54% over the previous year. The vendor also noted that its customer count increased to 3,499 and subscription dollar retention rate rose to an average of 108%
The company is projecting Q4 revenue of $40.3 to $40.8 million and full-year revenue of $147.9 to $148.4 million


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Joemktg's insight:

And the beat goes on. This will continue for the next 5-7 years as existing markets are penetrated and new markets are uncovered.

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Following Salesforce and Adobe, Marketo announces ad agency partnerships of its own - The Hub

Following Salesforce and Adobe, Marketo announces ad agency partnerships of its own - The Hub | The MarTech Digest | Scoop.it
After Salesforce partnered with Omnicom and Adobe allied itself with Publicis, Marketo becomes the third marketing platform to partner up with a host of digital agencies.

Marketo announced that its Engagement Marketing Platform (formerly its Customer Engagement Platform) would now be available to the clients of 150 digital agencies, including Digitaria (a JWT company) and Babcock & Jenkins.

“We have always been practitioners of customer-centricity and know there's deep value in truly understanding the needs of customers at each stage in their buying cycle,” says Lauren Goldstein, vice president of strategy and partnerships at Babcock & Jenkins. “Partnering with Marketo helps us merge things like marketing automation with a cohesive content strategy to reach customers when, where and how it's meaningful to them. The result is a continuous and consistent conversation with customers that converts into lifelong relationships.”

 

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Joemktg's insight:

Talk about cutting down on sales expenses! Instant channel penetration for Marketo.

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Marketo Webhooks for DiscoverOrg Provide Real-Time Intelligence - Demand Gen Report | #TheMarketingTechAlert

Marketo Webhooks for DiscoverOrg Provide Real-Time Intelligence - Demand Gen Report | #TheMarketingTechAlert | The MarTech Digest | Scoop.it

Basic/ Excerpt...


DiscoverOrg, a provider of information technology sales and marketing intelligence tools, announced Marketo Webhooks for DiscoverOrg, an application designed to provide real-time data on customers and prospects.

 

DiscoverOrg and Marketo joint customers can activate a Webhook from within their Marketo environment. When a customer or prospect fills out a web form, Marketo queries the DiscoverOrg database for any missing information. The new data is captured and sent back to Marketo where it is automatically appended to the existing contact or lead information in the customer’s account.

 

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Joemktg's insight:

Given the timing, this was in the works before Marketo's platform announcement. Regardless...

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As the Hub Turns . . . - Gartner | #TheMarketingTechAlert

As the Hub Turns . . . - Gartner | #TheMarketingTechAlert | The MarTech Digest | Scoop.it

Advanced/ Excerpt...


Saying that the cloud vendors are “missing the point,” he continues, “the right platform needs to bring a core set of capabilities, and then be open to third-party solutions that build on the common foundation.”

 

Touche. Thus, Brinker’s pronouncement is at once about Marketo itself and about the idea that openness will trump closedness — that pursuing a one-stop-shop approach may lead to some black Mondays down the road.

 

Nobody knows what’s going happen. That’s what makes this such a great story. Remember that the cloud factories are hardly all alike, and most of them understand very well the benefits of playing well with others. Salesforce has a vibrant community of independent developers to build extensions and fill gaps. Even Big Blue has championed an open data exchange and a protocol to power it.

 

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Joemktg's insight:

More on the Marketo platform. Again, two big issues: (1) no one MAP has sufficient number of customers for an ISV to be satisfied, and related (2) the costs often do not justify participation (hard and soft costs).

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Customer Experience Matrix: Marketo Conference: Small Changes, Big Picture | #TheMarketingTechAlert

Customer Experience Matrix: Marketo Conference: Small Changes, Big Picture | #TheMarketingTechAlert | The MarTech Digest | Scoop.it

Intermediate/ Excerpt...


The trick to winning these benefits is becoming a platform in the first place. This requires a large customer base, easy access by app developers, enough power to be useful, and a barrier that keeps the monopoly intact. Salesforce.com, Oracle, IBM, Adobe, Microsoft, and other contenders to own “customer experience platforms” all did it the hard way, by first building up a big customer base for their conventional systems and then opening that universe as a platform to app developers.

Every major marketing automation vendor has tried to do the same.  But their customer bases are nowhere near as large, so what’s actually happened in most cases is that app developers have integrated their systems with multiple “platforms”.  One of the more subtle tricks in the platform playbook is to prevent this by making your system different enough from others that it isn't easy to support them as well.  This is usually done by means of a uniquely structured application program interface. But developers won’t put up with this unless a platform offers a big enough audience or other benefits to make it worthwhile. It’s doubtful that Marketo, or any other remaining independent marketing automation vendor, has the market power to do this.

 

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Joemktg's insight:

It is a royal pain to play in the AppExchange. From dev to QC to vendor evals…and all the associated costs (including SFDC costs!). So why do AppExchange participants do this, esp. when the SFDC sales team is not pushing your product? Because SFDC has the footprint, and it’s a size 24 shoe.


I’ve got to think that the LOE for the 3rd party ISV to participate in the Marketo ecosystem is the same pain. The real question: will it be worth it? After all, Marketo’s shoe size is a 4 relative to SFDC, so you just can’t expect the same ROI.


If I’m an ISV, I’m very cautious about this…and others!

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Rise of the Marketing Platform - Marketo | #TheMarketingTechAlert

Rise of the Marketing Platform - Marketo | #TheMarketingTechAlert | The MarTech Digest | Scoop.it
Marketing has changed more in the last five years than in the 100 before that. The speed of change in marketing is picking up its pace, and it’s going to keep accelerating.  The implication is that marketers will need a customer engagement platform to keep up. Here's why marketers need a platform, and what that platform looks like.


Advanced/ Excerpt...


Here’s what a marketing platform needs to deliver:

  1. UNDERSTAND: Track customer identity, contacts, and context across every digital, social, and mobile channel — then organize this information into a single, open data repository.
  2. ORCHESTRATE: Design and coordinate engaging customer experiences and continuous conversations that take each customer on a personal journey over time – and do this in an organized, automated way.
  3. PERSONALIZE: Deliver relevant, personalized content and messages across channels and devices.
  4. MANAGE: Support the operational aspects of running a marketing department. Plan the marketing calendar, coordinate content, track investments, and tie the marketing budget directly to results.
  5. OPTIMIZE: Measure and maximize marketing ROI across channels. Attribute outcomes to each marketing experience, regardless of which application handled the interaction.  Support data-driven decision making at the speed of marketing.
  6. LEARN: The pace of change in marketing isn’t slowing down, so the platform also needs to give guidance, best practices, and knowledge to help marketers keep up.

Lastly, as discussed above, a true platform needs to be open to allow other marketing applications to tap into their data repositories, workflow capabilities, analytics, and so on. A true platform provides a backbone of common orchestration, common management, and common measurement, competing with the other platforms to provide the most complete ecosystem of marketing solutions.

 

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Joemktg's insight:

There's far more to the footprint than this, and as each day goes by, I am further convinced that it is folly to try to incorporate everything under one roof. You pick your spots.

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Hootsuite announces integration with Marketo's marketing automation platform - The Hub | #TheMarketingTechAlert

Hootsuite announces integration with Marketo's marketing automation platform - The Hub | #TheMarketingTechAlert | The MarTech Digest | Scoop.it
Hootsuite will provide Marketo with lead generation through social media


Basic/ Excerpt...


Social media management platform Hootsuite is joining forces with marketing automation software maker Marketo to provide lead generation capabilities from social media. The integration is available exclusively to Hootsuite Enterprise and Marketo customers, and is the latest external partnership available in Hootsuite's App Directory.

 

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Joemktg's insight:

Very nice, convenient. And smart.

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