Martech stacks are vital as they improve business operations such as sales enablement, product launches, ecommerce automation, email marketing, and social channel workflow management to make your business run more efficiently and bring in money. But getting the right stack to power your marketing operations is critical, as it needs to power your teams and drive actual growth toward revenue goals, not just improve productivity.
KEY CONSIDERATIONS BEFORE INVESTING IN MARTECH IN 2023
Is it in sync with the overall strategy?
The tools you choose shouldn't necessarily follow the next trend. Instead, it should meet specific business and team needs head-on to be most effective. For instance, while one marketing automation tool might be preferred by industry professionals and executives at your company, a newer automation tool might have more of the features and capabilities your sales and demand generation teams require to compete in the market at a lower cost. Consider all options carefully.
Does it address team hurdles?
Make certain that the tools you choose address the current difficulties teams are facing. Find out where the problems are and what tools are causing them. Once you've compiled a list, look for any recurring themes or tools and determine which marketing technologies might be able to address both.
Does it integrate well with your current stack?
Don't forget to verify that the tools you are considering are compatible with your existing marketing tech stack. It would be a complete disaster to onboard a new work management solution only to find out that the tool doesn't integrate with your creative or storage solutions.
10 MARTECH TRENDS YOUR TEAM SHOULD MASTER IN 2023
This story is from the December 31, 2022 edition of Businessworld India.
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This story is from the December 31, 2022 edition of Businessworld India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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