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Marketing automation has become the standard technology for online businesses throughout recent years. As conventional marketing processes begin to become more digital instead of personal, marketing automation is continuing to evolve into a mandatory platform that leverages business success.
The revenue for the marketing automation industry is growing by more than 30% each year, as evidenced by this chart.
This chart proves that not only has the implementation of marketing automation grown, but technology has grown as a whole. Read on to learn about five important marketing trends.
Since its inception, marketing automation platforms helped marketers automate repetitive and tedious tasks while equipping them with the right tools to send personalized messages at the correct time. Now, marketing automation has changed from this simple objective.
Thanks to machine learning and artificial intelligence (AI), it's now feasible to optimize your marketing message.
For example, marketing software uses AI technology to find and catalog your website copy and categorize it according to its relevance. Then, it automatically produces personalized content sourced from the data acquired from your website.
Marketing automation platforms can also track your client's user behavior when they visit your site. Your selected platform can analyze this data to understand your clients' intent and interest further, suggesting a marketing message suitable to boost the chances of securing a conversion. So, instead of just saving you time on completing repetitive tasks, marketing automation can improve your targeting and overall marketing strategy.
Lead scoring isn't a new marketing automation feature. However, there has been new research suggesting that this feature has improved since it's conception. Most marketers create their custom lead scoring criteria (or use their software's standard rules) to calculate the value of leads based on email interaction, website behavior, interest, and various other factors.
Marketing automation platforms can utilize machine learning to refine the lead scoring process by improving algorithms. This makes it possible to generate comprehensive insights from raw data and create a better understanding of a lead based on their specific behavior.
Now that lead scoring is becoming more accurate, marketers will rely on it heavily to make precise marketing decisions. Savvy marketers will use lead scoring technology to prioritize their leads. These marketers will also provide greater insight into what kind of message is optimal for different sections of your sales funnel so you can engage your leads at critical junctures of their buying journey.
In the early days of marketing automation, brand new technology was available for every marketing channel. Marketers could utilize social media marketing, blog management, and email automation tools all separately with no one platform to "rule them all."
Now that marketing automation has grown in popularity, there are countless platforms that you can use to manage all of these channels in one place. While many marketers still prefer to use separate platforms to execute their marketing strategies, this won't be the case much longer. That's because it's easier to use an all-in-one marketing automation tool.
When you perform mobile, social media, and email marketing tasks in one place, it's convenient to develop a cross-channel marketing strategy. Delivering a consistent marketing message across your devices and channels helps to build customer loyalty, optimize your sales funnel, and more.
Organizations that employ a consistent cross-marketing strategy effectively retain 89% of their customers. Therefore, if you're still using three of four different technologies to reach your audience, it's now time to consolidate. Select a marketing automation platform that performs all of your necessary tasks, or one that integrates well with other software that does.
Automation is all about streamlining specific processes and freeing up more time to work on strategic tasks to many marketers. Although saving time is essential, many professionals make the mistake of seeing marketing automation as a "set it and forget it" opportunity.
These individuals make countless damaging mistakes by automating social media posts while never taking the time to engage their audience, or they set up their email marketing campaigns but never check on its progress.
The most successful marketers understand that marketing automation brings the unique opportunity to focus their efforts on strategy optimization and direct engagement. Automation can help you relate to your audience, create the right message for a particular lead, and deliver it at the right time.
Marketers who realize this advantage are positioned to surpass competitors who want to save time by automating repetitive tasks.
AI adds the extra benefit of implementing chatbots via marketing automation software. A chatbot is defined as an automated conversation initiated when a prospect reaches out to a business.
Don't confuse this new feature as automated messaging. By using AI, marketing automation software can automatically suggest suitable content based on intent and customer behavior. This technology can also derive content according to a prospect's location in your sales funnel.
This technology makes it possible to automate customer support, sales information, and other suggestions with bots. Furthermore, businesses can also utilize chatbots for recommending highlighted services and products, boost conversion rates, deliver marketing content, and more.
Like other forms of automation, there are lots of chatbot options out there — this technology can be used as a widget on your website or hosted externally. Chatbots offer businesses the opportunity to interact with customers accurately based on their intent and past behavior.
Since consumers typically stay on websites for less than 15 seconds, more businesses will utilize this feature to engage prospects immediately to start a conversation.
Marketing automation is steadily becoming a widely-used resource among big and small businesses. Nonetheless, this technology is improving to make marketing more convenient, accessible, and rewarding for users. It's important to realize new trends in the marketing automation industry so you can get ahead of your competitors and optimize your organization's revenue. Not sure where to start? Contact us today!
Scottsdale Phoenix Marketing is a full service digital marketing agency and web design firm located in Scottsdale, Arizona.
SP Marketing Experts
9903 E. Bell Rd., Suite #120-B
Scottsdale AZ 85260
Scottsdale Phoenix Marketing is a digital marketing agency and web design firm specializing in a variety of online marketing channels. Since our founding in 1999, it has been our goal to help all business run more efficiently and effectively online. Combined, our team of designers, developers, and marketing experts have over 40 years of experience and an ever growing drive for success.