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Friday, January 8, 2021

Marketing Technology Ecosystem

The 2020 marketing technology landscape is here and if looked as a whole it resembles an area map. In today s digitally connected world ecosystems are a key ingredient to grow existing markets and competing effectively.

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But what makes them unique in the world of technology is the streamlined flow to connect share grow and transform together.

Marketing technology ecosystem. The marketing technology landscape explained. The term martech especially applies to major initiatives efforts and tools that harness technology to achieve. Marketing can be enriched by synthesizing insights from other academic disciplines and by involving diverse stakeholders macinnis et al 2020.

He has been working on this since 2011 and crowdsourced data from different contributors to make up the version of the martech landscape. Finding the human within marketing technology i have been at the intersection of marketing technology and storytelling for many years now on either side of the fence first at a global digital agency providing marketing technology services to leading fortune 500 and now on the other side in the last few years working as the global head of marketing technology innovation at kimberly. Scott brinker the chairman of the martech conference is the creator of this super graphic.

Marketing technology ecosystem 1. But before you can build one that fits your brand s unique needs you need to understand what s possible today and how we got here. Virtually anyone involved with digital marketing is dealing with martech since digital by its very nature is technologically based.

Ecosystems are about dynamic interactions between people software data systems and services. According to new research from gartner artificial intelligence customer data platforms cdps and real time marketing are some of the technologies at the peak of inflated expectations in digital marketing and advertising. To allow you to understand and capitalize on how customers interact with your messages and digital properties you need a best in class marketing technology ecosystem.

This perspective emphasizes that business functions are interrelated and not siloed by academic disciplines. Martech is the blending of marketing and technology. Collaboration marketing automation customer experience content marketing organic acquisition paid acquisition retention analytics automation loyalty email retargeting social ugc blogging platform white papers ebooks content creation infographics video syndication digital asset management creative design social.

The marketing technology ecosystem defined the term ecosystem is typically associated with biology and in that context it includes all of the living things plants animals and organisms in a specific area their nonliving environment weather terrain climate etc and how they interact with each other. In this series we ll examine the marketing technology ecosystem. The marketing ecosystem is an open and interconnected system.

We ll look under the hood at the platforms marketing technology is built upon and examine whether you could build instead of buy since many marketing technology vendors charge significant premiums beyond what their costs are.

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