There are two new technologies that professional marketing types are all a-buzz about:
1. Social media
2. Marketing automation
Social media is something you can experience for yourself and decide where you fit in.
Marketing automation is a bit more vague. What am I automating? How does this replace what I already do? Or is it a whole new strategy? And most importantly, why would I try it?
Tom Pick over at the WebMarketCentral blog posts a helpful review of the whys, titled: Marketing Automation: Bringing a Gun to a Knife Fight :
“Those are the types of questions marketing automation / demand generation software vendors seek to address with their offerings. They apply technology to a difficult process. For b2b companies who are able to use such software effectively, the competitive advantage is akin to Indiana Jones taking on his would-be assassin in Raiders of the Lost Ark.
(Go to Tom’s full blog post to see the video, if you can’t remember the scene where Indiana wins a challenge with a sword-wielding assassin.)
The challenge for b2b marketers in adopting marketing automation / demand gen systems isn’t with the technology, which is stable and reasonably easy to use. It’s with internal processes, office politics and other issues. In the scene above, although Indy clearly had the technology advantage, if he’d been a lousy shot, or didn’t have his gun loaded properly, he’d have ended up as shredded professor in a hurry.”
His bullet points:
- “Marketing automation” is a misleading term.
- The buying process has fundamentally changed. Many marketers are starting to get this. Most sales people still don’t.
- Customers are those who’ve advanced from email service providers (ESPs).
- Building the logic behind the nurturing process is the hard part.
- It won’t work if the processes and incentives between sales and marketing aren’t aligned.
- There is a crying need for this.
#4 seems to be the especially difficult step: what can the marketing automation tool be used to do to make it effective?
Like my efforts creating product-videos earlier this year, marketing automation takes a lot of work, especially because you are developing new skills and processes.
But to those who take it on, I think there is going to be a distinct competitive advantage. They just need to be careful in making sure it is communicating with customers & prospects properly, otherwise they’ll just be shooting themselves in the foot.
Have you switched to marketing automation? What do you think?
A B2B marketing blog by an honest-to-goodness marketing manager for an industrial manufacturer.