On Marketing Technology, Castles, And Moats

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Rob Brosnan

Over the weekend, an experience with Apple prompted me to think about marketing technology’s role in creating economic moats. According to Warren Buffet:

In days of old, a castle was protected by the moat that circled it. The wider the moat, the more easily a castle could be defended, as a wide moat made it very difficult for enemies to approach. A narrow moat did not offer much protection and allowed enemies easy access to the castle. To Buffett, the castle is the business and the moat is the competitive advantage the company has. He wants his managers to continually increase the size of the moats around their castles.

The moat around Bodlam Castle, a medieval castle built in 1385.

Apple’s retail presence is both a revenue engine and a cornerstone of its customer experience strategy. Retail pulls in average revenue of $10.8 million per store for Q3, 2011, generating the highest retail sales per square foot of all US retailers. Importantly, the stores guarantee the company a beachhead from which the company can educate consumers and resolve problems directly. For the quarter, 73.7 million people visited Apple stores.

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If You Missed The Marketing Forum, You Can Still Watch My CORE Speech

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Emily Riley

Have you accepted the CORE mission yet? If you are an interactive marketer, our document about CORE provides you with a road map for leading change in your organization. But if you would rather see me talk about it, check out my speech from the Marketing Forum.

In my speech, in addition to introducing the CORE mission, I outlined how FedEx is acheiving its CORE mission. One person, Dennis Shirokov, created a comprehensive business case for CORE that ended up on the desk of the CEO. Now, Dennis has the cash and the directive to make sweeping changes that will enable customized interactions, optimized execution, and responsive engagement. Dennis knew that O was the foundation for C and R, which is why he focused his business case on investments in technology in analytics that would drive more efficiency and cross-channel synergy.

In a few weeks, my co-author, Shar VanBoskirk, will be publishing the results from the CORE survey attendees took at the forum. This research will be published in a maturity model framework that will provide interactive marketers benchmarks and clear next steps so that you can focus your business case just like Dennis. Stay tuned!

B2B Marketing Obsolete, Really? (Part III)

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Demandbase: A New Twist In The Lead Management Automation Market

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Lauraramos [Posted by Laura Ramos]

In a recent survey of over 2100 IT professionals who buy or recommend telecom and networking solutions, we found buyers turn to peers and colleagues first, followed by vendor, industry trade, or professional Web sites, to inform their purchase decisions. In fact, 88% said Web sites were important in helping them decide what to buy. However, many tech buyers visit vendor Web sites many times to learn about and compare products, yet few register or leave evidence of their activity.

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B2B Lead Management Market Heats Up

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Independent ESP e-Dialog Makes Out Well In Acquisition Deal

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Do Interactive Marketers Actually Buy Technology?

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Shar VanBoskirk

I was just talking with Suresh Vittal on my team about how to project interactive marketer investments in technology.  In some cases in the US Interactive Marketing Forecast, we include technology investments in our projections of marketer spend on a given channel (for example, email marketing spend includes investment in email message delivery).  But for the most part, the IM forecast is based on current and projected media spend.

So the conversation Suresh and I had was to think through enough assumptions, to estimate how much marketers invest in technology. 

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Omniture continues to extend its execution capabilities

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Suresh Vittal

Omniture acquires yet another solution to complement a growing application set for interactive marketers. Last week Omniture announced that it was acquiring Offermatica. I can’t say that I am surprised by the announcement. Omniture had signaled its intent to aggressively pursue its vision of an integrated solution for online marketing with its acquisitions of Touch Clarity and the announcements of SearchCenter and the Genesis platform in the last year. At that time we thought it was a good idea but Omniture needed to – 1)integrate multiple acquisitions 2) handle a large and growing network of partners and 3) learn to compete in new markets. While these imperatives remain true today, two additional themes become particularly relevant. The need to: 1) harmonize the platform around one single data collection and optimization engine and 2) convince the partner network that they intend to collaborate on integrating their tools. The second theme is particularly challenging – What signals is Omniture sending its burgeoning partner network when it cherry picks point solutions like Offermatica?

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Vtrenz: Good Move Or Not For Silverpop?

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Earlier today, Silverpop announced their acquisition of marketing demand management start-up Vtrenz. My colleague Shar VanBoskirk and I had the opportunity preview this event with Bill Nussey and Will Schnabel. From a B2B marketing perspective, this combination holds promise because email and lead nurturing make good bedfellows. In B2B, email is a low cost way to continue prospect conversations and it gives marketing a direct channel for incubating buyers during longer B2B purchase cycles.

Because there's not a lot of overlap in technology or customer bases here, the prospects for a richer, more rounded offering are good. However, this combination is not unique: Eloqua also offers email, lead warming, and prospect analytic solutions. So -- other than giving Eloqua some stiffer competition -- will this merger matter in the greater email market?  Probably not, but I'll let Shar weigh in on that question.

To make this deal stand out, Silverpop needs to:

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Understanding Contact Optimization Technology

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Suresh Vittal

Yesterday was a banner day for me in my young career as a Forrester analyst - my first research piece was published. It's a marketing technology brief titled "Understanding Contact Optimization technology." So what is contact optimization? We define it as a mathematical approach to determining the best mix of messages for each customer in order to maximize marketing objectives while satisfying business constraints. Put simply - this technology is for high volume direct marketers intent on transforming themselves from a product centric organization to one that emphasizes customer need.

Here is the executive summary -

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