Martech Replacement Trends in 2024
Which types of marketing technology are replaced most often? Why do marketers decide to replace martech solutions? To find out, researchers surveyed 496 marketers from around the world.
Investing in a marketing automation platform (MAP) can improve lead pipelines, automate tasks, reduce human error and increase conversion rates. Unfortunately, there are more than 8,000 MAPs on the market, making it difficult to choose between a best-in-breed solution and an all-in-one platform. However, companies don't have to sacrifice features for tools, as they can have both.
Best-of-breed tools focus on being the best in their niche, offering efficient execution of a single task. However, they require additional packages to meet full needs, which can be expensive and limit integration. All-in-one platforms offer multiple solutions rolled into one, but they may struggle to deliver beyond their intended purpose, and not all features may be used.
Integration capabilities enable the best of both worlds, allowing marketers to implement new solutions at will. An ideal MAP should be easy to use, futureproof, adaptable to market changes, and be beneficial for multiple departments. Such a tool exists and can offer an all-in-one experience as well as standalone capabilities.
Why Best-of-Breed and All-in-One Marketing Automation Platforms Can Be the Same
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Which types of marketing technology are replaced most often? Why do marketers decide to replace martech solutions? To find out, researchers surveyed 496 marketers from around the world.
Learn about some top marketing automation tools that can streamline your campaigns and improve customer engagement. Read more.
Learn why customer data platforms (CDPs) are crucial for leveraging first-party data to improve marketing strategy and customer engagement. Read more.
The number of marketing technology software products has grown exponentially over the past 13 years, according to recent research.
The first-ever Magic Quadrant for customer data platforms by Gartner signifies a milestone in the maturation and essentiality of CDPs within the martech ecosystem. In a data-centric, customer-first marketplace, CDPs have become a strategic imperative.
Chief marketing officers at B2B enterprise companies say the biggest technology challenge they face is integrating various solutions effectively, according to recent research from Modern.