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.
The digital media spending landscape is rapidly changing due to an influx of digital advertising providers and high levels of spending. Marketers need to be aware of where their money is going, as up to 74% of media spend is wasted. CMOs need to have the right data analytics to make informed decisions and maximize their media investments.
Data privacy and tracking regulations, such as GDPR, are changing how companies track and target prospects, as well as how ad campaigns are run. Mixed media modeling helps companies allocate their spend across the channels that will yield the highest results with clicks, site traffic, and conversions. Data intelligence can provide scenario planning and help determine which campaigns are successful and where improvements can be made.
Media intelligence goes beyond cost and clicks and can help inform decisions with data points, scenario planning, and visibility into how campaigns are performing. It can help brands reallocate money to successful campaigns, mitigate fraud and waste, and invest effectively in the programmatic ecosystem.
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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.