Research and Reports

The CMO's Imperative: Martech Stack Optimization From a Leadership Perspective

Issue link: https://read.uberflip.com/i/1239912

Contents of this Issue

Navigation

Page 11 of 13

PAGE 12 BOT TOM LINE IMPACT Finding #1: Strategy is still a major obstacle to success. When we asked leaders which best described their current situation as it applies to optimizing a martech stack strategy, a high percentage (53%) said they have no strategy or were in the process of developing a strategy. Just 20% reported that they have already implemented a strategy. The Bottom Line Slow down! Don't become so busy doing things that you skip the critical step of developing a strategy. Ask the right questions. Have short-term and long-term plans with key milestones mapped out to ensure you meet your 1, 3, 5 and 10 year goals. Remember the wisdom of that old adage, "measure twice and cut once." SHARE THIS! Finding #2: Leaders think about ROI all the time and so should you. When we asked leaders about barriers to martech stack optimization, they ranked, increasing marketing ROI, as the second biggest challenge. When we remove senior-level leaders from the data, increasing marketing ROI drops to the 4th place. The same thing occurred when we asked about key priorities for a martech stack optimization strategy. Senior-level leaders rank ROI much higher than other marketing professionals. The Bottom Line Think ROI! When developing a strategy or plan that needs senior-level approval, always look at how you can answer the question of ROI. SHARE THIS! Finding #3: Leaders are planning to invest in technology, but they need a plan. The vast majority of leaders (79%) are already investing in martech stack or intend to invest in it. Leaders understand the importance and benefit of technology, but they need a clear plan for what is needed and the results they can expect from that investment. The Bottom Line Martech needs to work for you! It is a key component of any credible B2B marketing strategy so it's not surprising that the majority of leaders surveyed plan to invest in it as a means to enabling their top goals. Leverage technology that improves marketing efficiency, increases ROI, and improves the customer experience. SHARE THIS!

Articles in this issue

Links on this page

view archives of Research and Reports - The CMO's Imperative: Martech Stack Optimization From a Leadership Perspective