{"id":1632,"date":"2020-08-24T16:07:16","date_gmt":"2020-08-24T15:07:16","guid":{"rendered":"https:\/\/exafutures.com\/?p=1632"},"modified":"2021-09-01T13:18:32","modified_gmt":"2021-09-01T12:18:32","slug":"what-is-martech-why-is-it-important","status":"publish","type":"post","link":"https:\/\/exafutures.com\/en\/what-is-martech-why-is-it-important","title":{"rendered":"What is MarTech and why is it so important for your business?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">As for any topic you are not aware of, everything always starts with the question &#8220;What is it?&#8221;. And so, <strong>what is MarTech?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this article you will learn exactly what is meant by MarTech, you will discover why it is so important and maybe you will realize that you are already using it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In its simplest definition, MarTech is the term that represents the convergence of <strong>Marketing<\/strong> and <strong>Technology<\/strong>. But maybe you already knew that.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And maybe this term doesn&#8217;t sound completely new to you because you associate it with an image, the <strong>Marketing Technology Landscape Supergraphic<\/strong>, produced every year by Scott Brinker (<a href=\"https:\/\/chiefmartec.com\/2020\/04\/marketing-technology-landscape-2020-martech-5000\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/chiefmartec.com\/2020\/04\/marketing-technology-landscape-2020-martech-5000\/<\/a>).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It&#8217;s a <strong>huge graphic<\/strong> that illustrates the ever-growing number of platforms and technology tools available to marketing experts around the world, from SEO, email, chat bots, CRM, eCommerce and much more in exhaustive details.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-scaled.jpg\" rel=\"magnific\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-1024x576.jpg\" alt=\"\" class=\"wp-image-1708 lazyload\" data-sizes=\"auto\" data-srcset=\"https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-1024x576.jpg 1024w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-768x432.jpg 768w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-640x360.jpg 640w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-20x11.jpg 20w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-320x180.jpg 320w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-landscape-2020-martech5000-slide-600x338.jpg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">According to Scott Brinker (https:\/\/twitter.com\/chiefmartec), the term &#8220;MarTech&#8221; applies to major initiatives, efforts and tools that leverage technology to achieve marketing goals. But, he adds, there is &#8220;<strong>much more to MarTech than just technology and software<\/strong>\u201d. Nowadays, in fact, the term increasingly encompasses the <strong>profession<\/strong> and experience that these hybrid experts can boast.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among these hybrid professionals there are also us at Exa Futures, which since 2016 we have been studying how to make life easier for Marketing and Communication teams through the correct use of technology and data. (<a href=\"https:\/\/exafutures.com\/en\/martech\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/exafutures.com\/en\/martech<\/a>)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As Digital Marketing has grown, so has the MarTech landscape, as technology is developed to help better connect the dots between each digital solution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By integrating platforms and data at all stages of the customer&#8217;s journey, MarTech allows companies to<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) <strong>Create smarter strategies<\/strong> based on what works,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) Help to <strong>simplify the processes<\/strong>,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) Identify ways to make marketing <strong>communications<\/strong> as <strong>personalized<\/strong> as possible and therefore more effective.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, MarTech has become literally essential if you want to remain <strong>efficient<\/strong>, <strong>profitable<\/strong> and <strong>competitive<\/strong>. And just as software is designed to <strong>make your life easier<\/strong>, that&#8217;s what MarTech is all about.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today it is no longer possible to market effectively without a solid <strong>technology stack<\/strong>: choosing the right tools for your company is therefore an integral part of your success.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Of fundamental importance, moreover, is the <strong>understanding of the areas in which to invest<\/strong>: not all companies need a solution for every single category, in the vast panorama of Marketing. That&#8217;s why it&#8217;s important to identify the tools you need for your business and focus on using those without being overwhelmed by all the other options available (and they are many!).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MarTech, finally, is increasingly moving towards the vision of a <strong>unique user-experience<\/strong> that is like a continuous journey, accompanying the user\/customer from marketing to sales, up to the provision of products or services.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-marketing-technology-1024x683.jpeg\" alt=\"\" class=\"wp-image-1736 lazyload\" data-sizes=\"auto\" data-srcset=\"https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-marketing-technology-1024x683.jpeg 1024w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-marketing-technology-768x512.jpeg 768w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-marketing-technology-640x427.jpeg 640w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-marketing-technology-20x13.jpeg 20w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-marketing-technology-320x213.jpeg 320w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-marketing-technology-600x400.jpeg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">What is MarTech?<br>The 6 main categories of MarTech tools<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Advertising and promotion<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The platforms and advertising tools are a crucial element of the MarTech stack.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They are used to simplify paid advertising efforts in search engine marketing (SEM) campaigns, as well as in social media and programmatic advertising.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Here are some examples.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/business.facebook.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Business Manager<\/a>: the fundamental tool for advertising on Facebook and Instagram. Whether you are an agency or a professional, you can&#8217;t ignore this tool.<\/li><li><a href=\"https:\/\/ads.google.com\/intl\/it_it\/home\/\" target=\"_blank\" rel=\"noreferrer noopener\">Google Ads<\/a>: the software that allows you to insert advertising space within Google search pages. Considering that Google contains about 87% of global searches, it is another fundamental tool.<\/li><li><a href=\"https:\/\/it.semrush.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">SEMrush<\/a>: one of the most reliable and used suite in the world, contains within it tools and utilities to be used in different areas, from Keywords Research to SEO tools, from the study of competitors to comparisons between research volume, CPC and competitiveness.<\/li><li><a href=\"https:\/\/www.seozoom.it\/\" target=\"_blank\" rel=\"noreferrer noopener\">SEOZoom<\/a>: an all-Italian Web Marketing Suite, to analyze traffic volumes, keyword trends and many other features.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Content Marketing<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There is a range of key MarTech tools in this category, including content management systems (CMS), search engine optimization tools (SEO), landing page tools and marketing automation and lead management platforms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Here are some examples.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/it.wordpress.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">WordPress<\/a>: by far the most widely used Content Management System (CMS) in the world, allows you to manage content and create websites with ease and numerous customization possibilities.<\/li><li><a href=\"https:\/\/it.shopify.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Shopify<\/a>: used purely for e-commerce sites, thanks to its intuitive interface and, also in this case, to the numerous customization possibilities offered by the software.<\/li><li><a href=\"https:\/\/mailchimp.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mailchimp<\/a>, <a href=\"https:\/\/www.mailup.it\/\" target=\"_blank\" rel=\"noreferrer noopener\">MailUp<\/a>, <a href=\"https:\/\/www.activecampaign.com\/it\/\" target=\"_blank\" rel=\"noreferrer noopener\">ActiveCampaign<\/a>, <a href=\"https:\/\/sendgrid.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">SendGrid<\/a>: would you like to send your contacts a monthly or weekly newsletter or a specific communication about a particular event? One of these software makes your life easier.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Social media marketing<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Social media marketing connects your audience and promotes your brand on social media channels. MarTech tools are essential for campaign management and planning, monitoring social media conversations and the power of influencer marketing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Here are some examples.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/business.facebook.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Business Manager<\/a>: also for Social Media Marketing activities, from the management of advertising campaigns to the monitoring of all results, the Facebook business platform is an excellent ally for professionals and companies.<\/li><li><a href=\"https:\/\/www.upfluence.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Upfluence<\/a>: it is a large scale influencer platform with many features. The most important part is certainly related to its search engine and influencers discovery.<\/li><li><a href=\"https:\/\/hypeauditor.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">HypeAuditor<\/a>: Do you want to know the ranking of certain influencers in certain areas or sectors? This is the tool for you.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Trade and Sales<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Sales automation, customer service and customer relationship management (CRM) tools are all essential additions to the MarTech stack, allowing you to automate and manage various aspects of the sales and customer management process on a large scale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Here are some examples.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.referralcandy.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">ReferralCandy<\/a>: is without doubt one of the most important tool for a good e-commerce marketing. It is a referral generation platform, which allows you to create and communicate connections between products and services.<\/li><li><a href=\"https:\/\/spently.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Spently<\/a>: used together with Shopify, it allows you to activate up-selling events, discounts and referral tools based on customer interactions, as well as retrieve &#8220;abandoned carts&#8221;.<\/li><li><a href=\"https:\/\/tapcart.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tapcart<\/a>: is a software that greatly facilitates the process of creating and customizing mobile apps for your online store.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Data and Analysis<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Data and analysis tools enable organizations to access, integrate and analyze data from multiple sources to get a complete 360-degree view of the customer and the critical information needed to optimize campaigns. Important additions to the MarTech stack include customer data platforms and data analysis, visualization and web data analysis tools.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Here are some examples.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/public.tableau.com\/en-us\/s\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tableau Public<\/a>: is a free software that can connect any data source and create data views, maps, dashboards and many other solutions.<\/li><li><a href=\"https:\/\/www.microsoft.com\/en-us\/microsoft-365\/excel\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Excel<\/a>: one of the most popular and most used tools in many areas. A good data analysis can only start from an Excel spreadsheet.<\/li><li><a href=\"https:\/\/rawgraphs.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">RAWGraphs<\/a>: is an open source app created with the goal of making the visualization of complex data easy for everyone. RAWGraphs aims to provide a missing link between spreadsheets and vector graphics editors.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Management and collaboration<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Management and collaboration tools are essential to help organizations become better organized and more productive. Communication tools and project management software are vital inclusions in the MarTech stack.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Here are some examples.<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/trello.com\/it\" target=\"_blank\" rel=\"noreferrer noopener\">Trello<\/a>: one of the most popular project management tools, which allows the assignment and coordination of tasks, through the &#8220;cards&#8221;, in its boards.<\/li><li><a href=\"https:\/\/slack.com\/intl\/en-it\/?eu_nc=1\" target=\"_blank\" rel=\"noreferrer noopener\">Slack<\/a>: it is a software that simplifies communication within a company, as well as giving its users the possibility to always have access to applications, services and resources used daily.<\/li><li><a href=\"https:\/\/www.zoho.com\/it\/projects\/\" target=\"_blank\" rel=\"noreferrer noopener\">Zoho Projects<\/a>: we at Exa Futures use just this tool. It is a Cloud-based project management tool that helps you plan and monitor your work, as well as collaborate with your team wherever you are.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"700\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-best-practice-marketing-2-1024x700.jpg\" alt=\"\" class=\"wp-image-1738 lazyload\" data-sizes=\"auto\" data-srcset=\"https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-best-practice-marketing-2-1024x700.jpg 1024w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-best-practice-marketing-2-768x525.jpg 768w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-best-practice-marketing-2-640x438.jpg 640w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-best-practice-marketing-2-320x219.jpg 320w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-best-practice-marketing-2-20x15.jpg 20w, https:\/\/exafutures.com\/wp-content\/uploads\/2020\/08\/martech-best-practice-marketing-2-600x410.jpg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">What is MarTech? Some best practices<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here are some best practices to develop a winning MarTech strategy:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Create a MarTech stack from top to bottom<\/strong>, i.e. starting from the company&#8217;s overall marketing strategy and goals, is the first point to develop a winning MarTech strategy.<br>By thinking in general terms of high-level objectives, you will reach better decisions on what specific skills and measurements you need to support.<\/li><li><strong>Include all data<\/strong>: carefully consider all existing data sources that should be integrated to achieve your MarTech goals and make sure the selected solutions can work with those sources.<br>Having a complete customer profile, based on all available data, is critical.<\/li><li><strong>Integrate with all channels<\/strong>: Carefully consider all the marketing and communication channels you need, as well as those you plan to use in the near future.<br>Only through effective coordination between all channels &#8211; email, SMS, on-site\/in-app, online advertising, social media, call centers, etc. &#8211; will your MarTech stack allow you to optimize the overall customer experience.<\/li><li><strong>Collaborate with IT<\/strong>: work closely with IT during the definition, selection and implementation phases. Although the goal of most MarTech solutions is to free marketers from IT dependency, IT participation and consensus are almost always necessary to build (and maintain) a productive MarTech stack.<\/li><li><strong>Measure and Optimize<\/strong>: continuously and professionally measure and optimize how your MarTech strategy works. Don&#8217;t be afraid to rethink decisions and make the necessary changes!<\/li><\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Now that we&#8217;ve given you some new ideas on MarTech, <strong>we hope we haven&#8217;t bored you and whet your curiosity to know more&#8230;<\/strong> our team will be very happy to answer all your questions!<br><a href=\"mailto:info@exafutures.com\" target=\"_blank\" rel=\"noreferrer noopener\">Contact us today<\/a> to learn more about <strong>how we can support the improvement of your technology stack and make your life easier<\/strong> with MarTech.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As for any topic you are not aware of, everything always starts with the question &#8220;What is it?&#8221;. And so, what is MarTech? In this article you will learn exactly what is meant by MarTech, you will discover why it is so important and maybe you will realize that you are already using it. In&hellip;<\/p>\n","protected":false},"author":4,"featured_media":1624,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[16,17,18,19],"tags":[191,204,54,205,206],"class_list":["post-1632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advertising","category-big-data-science","category-business","category-circleme","tag-advertising-2","tag-business-2","tag-marketing","tag-martech-2","tag-technology-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is MarTech and why is it so important for your business?<\/title>\n<meta name=\"description\" content=\"In this article you will learn what MarTech is, find out why it is so important, and realize that you are already using it.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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