Price vs. Features: First Time Marketing Automation Buyers and Experienced Users Care About Very Different Things

by Dan Freeman 
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I wanted to share this recent VentureBeat article in which I was interviewed....

If you own a marketing automation system, chances are you care most about features. But if you’re looking to buy a marketing automation system, chances are you care most about price. That’s just one of insights in a new report from VB Insight on the expanding field of marketing automation. (VB Insight is VentureBeat’s research platform.)

“That makes perfect sense,” report author Dan Freeman, the president of marketing consultancy Marketing Growth Strategies, said. “First-time implementers are just trying to do the nuts-and-bolts, simple stuff like landing pages or knowing who is visiting their website, while those who have been doing marketing automation for six months or a year are looking at the next stage … full nurture programs, automated workflows, and more.”

Current owners who are either adding to their system or switching to another rank features and ease of use as the most important parts of a system. New buyers who don’t currently use any marketing automation system, however, rank both total cost of service and monthly price above ease of use and price.
The two groups are looking for different functionality, and have different ideas about what to expect from their software, Freeman told VentureBeat.

“First-time buyers don’t know much about implementation … they kind of have in mind that the cost of the marketing automation effort equates to the cost of the software,” Freeman said. “But owners understand there’s more to it … both in costs and in returns.”
Read the full VentureBeat article...

Purchase the Buyers and Users Marketing Automation Survey Here

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Marketing Growth Strategies LLC has been engaged in research, analysis, lead generation, and client implementation in the Marketing Automation sector since 2009 and has recently revised its highly successful 2014 Marketing Automation eBook.

Are you a marketing automation vendor? Learn about the capturing up to 500 fresh Marketing Automation leads.

Considering implementing marketing automation? Download the 2014 Marketing Automation Industry Report

Who's Winning and Losing In Marketing Automation?

by Dan Freeman 
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Change happens quickly in dynamic markets. Demand for marketing automation software is growing at a healthy clip, but aggregates can mask marketplace turbulence. Behind the 40 plus percent growth rate lies a multitude of customer experiences that determine the ultimate winners and losers.

As businesses struggle to get a handle on the new world of digital marketing, they experiment with new marketing platforms. Marketers try to master this software—to leverage its promise to generate more and better leads, and to streamline marketing processes. For highly competitive products like marketing automation, nuances in product features, and how customers manage to utilize these features can make all the difference. The way a new customer is on-boarded, the support or self-help tools provided, and even the reality of the implementation experience versus the expectations set by vendors can have a major impact on customer retention.

Contact me now to create thought leadership--white papers, eBooks, webinars, newsletters--and a marketing strategy--to reach and engage with your best prospects. 

And in the Software-as-a-Service (SaaS) business model, retention is key. Vendors often lose money on new customers during the first year. It’s not until an annual renewal, or at least a period of several months, that customers become profitable. Vendors tout their success with press releases about new customers and sometime even publish customer counts and growth rates. What’s not revealed are the dropped customers—the churn.

Until now, that is.

Working with the tech data sleuth firm, Datanyze, I looked at websites that added and dropped marketing automation software from January through April of 2014. The results may surprise you. Salesforce's own marketing automation platform—Pardot—dominated the field with a net gain of 2,020 websites.

Marketing Automation Industry to Reach $1.2 Billion

by Dan Freeman 
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We’ve updated our 2014 Marketing Automation eBook with a revised industry revenue estimate of $850 million for 2013 and a revised forecast of $1.2 billion for 2014. To arrive at these figures, we track over 30 marketing automation vendors, comparing user and revenue growth rates. We also profiled two additional marketing automation vendors. The new eBook explores all of the industry trends and profiles the leading vendors, including Marketo, Act-On, Pardot/Salesforce, Eloqua, InfusionSoft, eTrigue and many others.

>> Download the revised 2014 Marketing Automation eBook here. >>

****   ****   ****    ****

Marketing Growth Strategies LLC has been engaged in research, analysis, lead generation, and client implementation in the Marketing Automation sector since 2009 and has recently revised its highly successful 2014 Marketing Automation eBook.

Are you a marketing automation vendor? Learn about the capturing up to 500 fresh Marketing Automation leads.

Considering implementing marketing automation? Download the 2014 Marketing Automation eBook