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.
Artificial intelligence (AI) has become one of the biggest technological innovations to date, and has helped businesses reach out to their customers. According to MarketsandMarkets, the global AI market is expected to grow from $58.3 billion in 2021 to $309.6 billion by 2026. B2B marketers can use AI to provide excellent service and grow their business in several ways, such as combining online and offline client data, customer segmentation, identifying convertible and nonconvertible leads, gathering social media insights, customizing content, and efficient email marketing.
AI-driven tools can help businesses collect customer data, track customer activities, provide insights and analytics, upgrade their services, increase customer satisfaction, and improve ROI. Examples of such tools include Bloomreach, Tealium, Segment, Baremetrics, Optimove, monday.com, Sprout Social, Smartly.io, SocialBakers, Wordsmith, Articoolo, Quillbot, and Phrasee, Zetaglobal, and Seventh Sense.
The advancement of AI technology has given B2B businesses a chance to provide their clients with customized services across multiple channels of communication. AI-based tools can help businesses maximize their ROI and reduce customer churn, enabling them to improve their marketing strategies and customer experience.
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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.