As a continuation of my earlier blog post on how to build
the perfect marketing beast, this post will focus on the overall ecosystem –
from the center of the ecosystem to outer edges.
Before we start, don’t kid yourself, building this ecosystem
takes time, effort, support, vision, financial and human capital. Most companies start the journey with good
intentions but discontinue the effort quickly based on changes in strategy,
financial constraints, lack of IT support, patience or the lack of substantial results
prior to the completion of major milestones.
Step 1: Determine the center point of the ecosystem – this is
absolutely the most critical aspect of designing the technology ecosystem. Why?
It’s the point where all other platforms or activities hang off from. I like to refer to this as the “home” of
tracking and customer data. This system
can be: a CRM system, ERP system,
marketing automation platform, relational or inverted database, etc. Each has its own unique positive and negative
traits. You’ll need to work with your
IT department to determine which system might work best for your circumstances
and overall goals.
I’ve used SQL, Oracle and a host of other databases, ERP and
marketing automation systems during my career.
My preference is a true “marketing system” more specifically a Marketing
Automation System (MAS). And I’ve used
both of the two major players Eloqua and Marketo.
For me, Marketo seems to be easier to
implement and not taking as many IT resources to maintain or expand. MAS’s allow marketers to store specific campaign, tactic and
customer data in a format which the non-technical marketer can use and understand.
In addition, it creates the needed
“memory” of activities and behavior which came from all marketing
activities. It also allows for a database
which has the ability to stand alone or integrate with other internal or new
systems. The use of metrics and
graphical representation of data is very intuitive and provides real data which
can be acted upon.
I’m a big believer in simple is better.
I’ve bought the systems which were sold on
the premise they could almost launch a space shuttle – but most times I’ve
never had to launch the space shuttle.
Stay tuned for the next post where I’ll discuss the “core”
types of platforms or technology which should surround your center point.
Scott
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