Carlos Hidalgo wrote a rather controversial post for Marketing Profs entitled
“Marketing Automation: The Beginning of the End?”
Carlos’s point is valid. MA software companies issue press releases on the remarkable number of new customers they have signed up, but
- Silverpop told me their belief was less than 10% of MA software customers (regardless of vendor or ‘ease of use’ claims) get full use of capabilities.
- 78% of BtoB marketers say generating high quality leads is their #1 problem.
- The Propelling Brands Blog stated, “Less than 25% of organizations that have implemented a [marketing automation platform] fully currently utilize its potential.”
- As many as 7 to 9 leads out of every 10 given to sales is being ignored and wasted (Probably because Sales sees it as unqualified.)
Is it hype? Wasn’t marketing automation supposed to fix these problems once and for all?
Maybe it’s wishful thinking, but here’s what I hope to see next year.
- Businesses will stop trying increase revenue by raising quotas and realize they need a better way.
- They’ll begin to understand that fixing this problem takes real effort and time.
- Instead of just buying software, they’ll focus on learning. (Check out the very popular blog article “4 BtoB Marketing Action Items for 2011“
- Businesses will finally realize they need a strong foundation - such as buyer personas, universal lead definitions, strong value propositions, etc. and they will turn to companies like Find New Customers to help.
What do you think? What do you believe the future holds? We love your comments and sharing.
What do you think? We love comments and people who share.
“If more companies listened to (Find New Customers) a lot more would be sold.” Dan McDade, Pointclear.