Technology
Taking ownership: More marketing teams own their integrated platforms and automation, reflecting an evolving martech landscape that has the potential to maximize efficiency, value and propel measurable business impact.
The marketing technology landscape is evolving, with a growing emphasis on integrated platforms, automation and data-driven decision-making. Marketing teams are taking greater ownership of their tech stack (44%), while IT (21%) and hybrid models (28%) also play significant roles in its management. This shift towards marketing-led technology ownership aligns with the need for agility and responsiveness to market dynamics.
Notably, only 21% of marketing teams use a purpose-built Marketing Resource Management (MRM) tool for planning, budgeting and measuring marketing initiatives, with 46% having no plans to adopt one. This suggests an untapped opportunity to optimize marketing operations and improve visibility into marketing performance.
Marketing operations must prioritize integrated platforms, data-driven decision making and streamlined processes. By aligning technology ownership with business needs, investing in purpose-built solutions, promoting secure collaboration practices and integrating key platforms across the marketing ecosystem, teams can enhance efficiency, maximize the value of their assets and drive measurable business impact.
Who owns the marketing tech stack for your organization?
Does your team use a purpose-built Marketing Resource Management tool to plan, budget and measure marketing initiatives?
Does your organization use a dedicated Digital Asset Management (DAM) platform to manage assets?
Which of these systems does your organization use to manage assets, if any?
Header row can be used to sort data.
Which of the following does your organization/team use to share assets (internally or externally)?
Which of these systems does your team use to manage work, if any?
Header row can be used to sort data.
Which of the following creative and marketing operations systems are integrated at your organization?
For each role, what is your perception of the qualified talent in the marketplace right now?
EXPERT PERSPECTIVES
Marketing Ops in The Age of Personalization
Sajeev Karippathu
Adobe Practice Head
Randstad Digital
"Personalization ... leads to more engaging interactions with customers, ultimately driving higher levels of satisfaction, conversion and loyalty."
The digital marketing landscape has become very dynamic and complex with the ongoing evolution of technology, consumer behavior and market trends. Marketers need to keep abreast of these trends and refine their strategies to stay competitive and drive growth. Marketing Ops is the lever at their disposal that can help them adapt quickly to these changes.
Marketing Ops is what drives an organization’s marketing efforts and making that agile, adaptive and efficient is necessary to thrive in the age of personalization. In fact this is already a focus for most of the CMOs. As per the Gartner Survey on Marketing spends in 2023, 30% of the marketing budgets are spent on operational excellence pursuits.
But, what’s shocking to observe is that 72% of these pursuits do not yield the desired improvements. In a desperate attempt to tackle the problem, many CMOs are attempting to centralize their marketing operations. While this helps address some of the common issues in Marketing Operations such as lack of collaboration, poorly defined workflows, etc., that are more apparent in decentralized organizations, it’s becoming apparent that centralizing is not a magic bullet and only a holistic approach can bring about the desired transformation.
Personalization Will Continue to Drive Marketing Strategies
Providing personalized experience to a user at every point in the consumer journey will continue to drive the marketing strategies and initiatives. Personalization makes marketing messages, products, services and experiences relevant to individual customers based on their preferences, behaviors, demographics and other relevant data. This leads to more engaging interactions with customers, ultimately driving higher levels of satisfaction, conversion and loyalty.
According to the 2022 Gartner Customer Service and Support Survey, 71% of B2C and 86% of B2B customers expect companies to be well informed about their personal information during an interaction.
Personalization is a means, not the end. It's an ongoing process that evolves as customer preferences, behaviors and market dynamics change. And this requires continuous monitoring, adaptation and optimization to meet the evolving needs and preferences of customers.
This also means that the Marketing Operations that's driving this experience should also continuously learn, adapt and evolve.
Let's look at an approach for creating agile Marketing Operations that can keep delivering personalized experiences and examine some of the top trends that’s making this possible.
Create the Feedback Loop
A marketing system ideally is a closed loop system, where data and insights are continuously collected, analyzed and utilized to optimize marketing strategies and improve overall performance. It’s not just important to gather metrics and create dashboards, but insights from this should funnel back to processes, workflows, decisions and systems for continuous improvement.
The feedback loop is important for gathering and analyzing information from various sources to evaluate the effectiveness of marketing strategies, campaigns and initiatives. On one side, this helps CMOs to understand customer preferences and at the same time help measure the impact of their efforts and identify the areas of improvement.
Continuous testing and tweaking is also a critical aspect of the feedback system. This approach of experimentation and iterative optimization helps fine-tune the Marketing Operations.
Agile MarkOps
There are few parameters to be kept in mind while designing an agile MarkOps. They make the MarkOps nimble and efficient.
Efficiency
Efficiency in marketing operations is crucial for ensuring that resources are utilized effectively, processes are streamlined and marketing activities are executed with maximum productivity.
Flexibility
The marketing teams and processes will need to have the ability to adapt quickly and effectively changing circumstances, market conditions and business needs.
Intelligence
The ability to use data, analytics and insights to inform strategic decision-making and optimize processes empowers marketers to make smarter decisions, deliver more relevant experiences and drive better results.
It’s important to remember that anything new that gets introduced to the marketing ecosystem, be it a new tool or technology or process needs to be seen in the context of the whole construct, including its impact on the other areas.
Now, let's look at the top trends that are transforming the Marketing strategy and operations:
1. Data-Driven Decision Making
Data and analytics help marketers gain valuable insights into their audience and continuously optimize their marketing strategies and operations. This is an iterative process that involves continuous monitoring, analysis and optimization that helps marketers test hypotheses, measure results and iterate on their strategies.
Here are some of the important aspects of data driven strategy:
Understand the Customer By analyzing data from sources such as website analytics, social media and customer databases to gain insights into audience demographics, behaviors, preferences and interests, marketers can create detailed audience profiles and personas to guide their targeting and messaging strategies.
Understand the Customer Journey Analyzing the customer journey across various touchpoints and channels helps determine the impact of each marketing interaction on the conversion process, helping marketers optimize their strategies and plan necessary interventions.
Optimize Campaigns By monitoring key performance indicators such as click-through rates, conversion rates, etc., marketers can identify underperforming campaigns and optimize them in real time.
Personalization By meaningfully integrating profile data and usage data, marketers can deliver targeted content recommendations, product recommendations and personalized messaging to each user, increasing engagement and conversion rates.
Predictive Analytics
Predictive analytics algorithms use historical data to anticipate customer behavior, predict trends, etc., allowing Marketers to allocate resources more effectively.
2. Automation and Integration
Integrating systems in digital marketing enables marketers to create a connected ecosystem where data flows seamlessly between different tools and platforms, allowing for better collaboration, efficiency and effectiveness in marketing operations. By integrating systems, marketers can gain a holistic view of their marketing efforts, better understand customer behavior and deliver more personalized and targeted experiences to their audience across multiple channels.
For example, integrating CMS with CRM and automation platforms allows marketers to offer personalized content to the users on the website.
3. Personalized experiences
Making the interactions with the customer relevant and meaningful, rather than using a one-size-fits-all approach, is the key to drive better engagement, loyalty and conversions.
There are three parts to a personalization journey. Collecting the data and segmenting the users, creating personalized content, and continuously fine-tuning based on the data and feedback.
Personalized experiences can be created throughout the consumer journey – such as email personalization, dynamic website experience or location based targeting.
The basic aspect of personalization is recognition, which includes simple things like addressing someone with their name and making it easy for them to complete a purchase by remembering their payment details. But the real benefits of personalization come when you can help the customers throughout their buying journey. And in a world where data privacy is becoming a top priority for consumers, balancing data privacy and personalization is the real challenge for the marketers.
Omnichannel personalization is another critical area of focus. Consistency in personalization across various channels and touch points such as emails, websites, social media, mobile apps, etc., is extremely important to create a seamless customer experience.
4. AI
AI technologies are now widely integrated into almost all aspects of digital marketing. And this is something that cuts across the other three trends – personalization, automation and data-driven decisions, helping marketers to make each of them better.
Here are the most important applications of AI:
Content Generation
Enterprises are leveraging GenAI technologies to build personalized ad content at scale. The power of GenAI to create human-like text by learning from existing content is helping marketers make content more personal, significantly reducing the efforts involved.
Decision Making
Influence AI, with its ability to understand customer behavior by learning through vast amounts of data, is also able to influence the decisions or choices in real time.
Operational Efficiency
AI is slowly taking over the production work – automating tasks and data-driven decision making – allowing Marketers to focus on more strategic activities.
Concluding Remarks
Most companies have already made investments in creating a Marketing strategy, tech platform and processes. There needs to be a mechanism established to keep refining them continuously.
The first step is to introduce regular audits to review effectiveness and identify gaps and opportunities. Use the findings to redesign processes, workflows, integrations and drive automation and data-driven decisions. This audit should also focus on the alignment of the Marketing strategy with Marketing Operations and continuously make necessary course corrections.
"A collaborative approach leads to a stronger team culture, fruitful collaboration, on-point creative partnerships and, ultimately, customer engagement."
Author Bio
Sajeev Karippathu currently heads of Adobe Practice at Randstad Digital. He comes with rich experience in Digital Marketing with special focus on the Adobe suite of products. During his 25 Year span in the IT industry, he has managed diverse portfolios such as building a digital learning ecosystem, designing large change management initiatives and program managing complex digital transformation engagements. His areas of expertise include Product Design, Knowledge Management, Change Management and Design thinking.