why brands will presenters - emarketer...why brands will abandon marketing cloud suites in 2020...
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© 2020 eMarketer Inc.
Why Brands Will
Abandon
Marketing Cloud
Suites in 2020
Cory Munchbach
Chief Operating Officer
BlueConic
Marissa Coslov
Vice President of Business
Development
eMarketer
Sponsored content presented by
MODERATOR
February 25, 2020
Tech-Talk Webinar
PRESENTERS
Sean Gouldson
Director of Solutions Consulting
BlueConic
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
WHY BRANDS WILL ABANDON MARKETING
CLOUD SUITES IN 2020
Liberate Your Data to Transform Your Customer Engagement Strategy
EMARKETER WEBINAR, FEBRUARY 25, 2020
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
CUSTOMER DATA PLATFORM
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited. © 2019 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
o Marketing clouds: underwhelming marketers since 2013
o And for their next act: CDPs! Sort of.
o Four reasons you shouldn’t get your CDP from a
marketing cloud
o Questions
AGENDA
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
MARKETING CLOUDS FAILED TO
DELIVER ON THEIR PROMISE
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
FOR A DECADE, MARKETING CLOUDS HAVE ATTEMPTED TO
BUILD SELL A SINGLE VIEW OF THE CUSTOMER
2000 2014 2014 2019
Enterprise Marketing
Software Suites
Wave
2012
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MARKETING CLOUDS ARE SELF-INTERESTED AND
COMPLEX
Long time-to-valueAdditional training needed for new marketing technology within cloud suite. Long implementation processes.
Complexity of implementationDifficult to stand up and hard to replace any technology that doesn’t “play nice.”
Marketers are confined to tools within the suiteIntegrations with technology
outside of the cloud suite require custom work.
Multi-year contracts and constant upsell and cross sellMarketing Clouds want marketers to
adopt more of their own suite, even if it’s not the best for their business.
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
BUYING INTO MARKETING CLOUDS LEADS TO
DISAPPOINTMENT
According to Gartner, the number of marketers
that prefer an integrated suite is decreasing.
2018 2019
Source: 2019 Gartner Marketing Technology Survey. N=417; 2018 Gartner Marketing Technology Survey. N= 499
Despite the promise of scale and
centralized engineering know-how,
many users find that the “Marketing
Cloud” they purchased still contains
substantial gaps, whether a lack of
interoperable applications or data
models, inconsistent user experiences,
feature gaps or incomprehensible
solution pricing.
Benjamin Bloom,
Sr Director Analyst, Gartner
“38%
29%
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
WHY ARE MARKETING CLOUDS
TRYING TO BUILD CDPS NOW?
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
ACCESSIBILITY
Interface designed for
marketers to access & use
data without dependency
SYNCHRONIZATION
Connections to federate
consent to other marketing
channels & systems
SINGLE CUSTOMER VIEW
Customer profile as the
central object of the
marketing infrastructure
CROSS-CHANNEL
Suppress marketing across
channels & systems with
real-time segmentation
SCORES SEGMENTS
ONE PROFILE
REFRESHER: CDPS UNIFY DATA FOR MARKETER
ACCESSIBILITY AND UTILITY
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
MARKETING CLOUDS JUMP ON THE CDP BANDWAGON
March 25 March 26 May 6 March 26
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ALMOST A YEAR IN, CDP CAPABILITIES ARE MORE LIP -
SERVICE THAN FOUNDATIONAL CHANGES
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
BRANDS NOW REALIZE MARKETING CLOUDS WEREN’T SET
UP TO DELIVER A SINGLE VIEW OF THE CUSTOMER
Process
Technology
Marketers lacked deep
technical knowledge needed
to build integrations
Integrations required hard
coding skills and were
bespoke to each technology
Databases /data warehouses
were built to house the best
data, not act on it
Marketers gain some technical
knowledge and skills
Technology is built with marketers in
mind – making business outcomes a
part of the technology
CDPs are built to unify customer data
and help marketers activate data
People
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
FOUR REASONS MARKETING CLOUDS
AREN’T CDPS – NOW OR EVER
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PROCESSES WITHIN MARKETING CLOUDS
TAKE MORE TIME AND RESOURCES THAN
BUILT-FOR-PURPOSE CDPS
TECHNICAL SKILL
Built-for-purpose CDPs
allow marketers to use data
to install integrations and
use machine learning
models within minutes.
TIME TO VALUE
Ability for marketers to
execute lifecycle
orchestration in one place
eliminates the need to wait
for updated segment lists,
outcomes of machine
learning models, etc.
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
MARKETING CLOUDS DON’T OFFER AN
INTEGRATED UI TO COMPLETE MARKETING
OBJECTIVES – JUST THE VENEER OF ONE
TASK COMPLETED
FROM SINGLE UI
If you must log in to multiple
platforms to create an AI model,
then send the output of the model
to define a segment and send an
email, it’s not a CDP.
VALUE OF CDP IS
PRODUCTIZATION OF FEATURES
The whole is greater than the sum of
its parts. A CDP offers greater utility
by using a single UI to control data
that gets sent and ingested to
marketing system for greater
confidence and utility.
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
MARKETING CLOUDS PRIORTIZE THEIR OWN
INTEGRATIONS, CROSS-SELL, AND UP-SELL,
NOT INNOVATION
MARKETING CLOUD CDP
VS.
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
MARKETING CLOUDS ARE NOT
PLATFORM OR DATA AGNOSTIC
MARKETING CLOUD
VS.
CDP
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
BREAK FREE FROM MARKETING
CLOUDS
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
WILL THE MARKETING CLOUDS LET YOU DOWN AGAIN?
2 31 4 5 6 7
Marketing
Clouds start
off with the
premise of an
all-in-one
marketing
solution
Marketing
Clouds paint a
picture of
single platform
– but still
operate
separate
applications
Complex
integrations
with any
existing
marketing
technology
Services
needed to
supplement
complex
integrations
Marketing
Clouds
motivated by
cross-sell,
up sell, and
lock ins
Marketers
sunk time,
resources,
money into
creating cloud
integrations
Company
wants to use
new technology
– will you rely
on the Clouds
to stay ahead of
the curve?
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
MARKETERS WITH A BEST-OF-BREED TECHNOLOGY APPROACH GET MORE OUT OF THEIR STACK
60%
Source: 2019 Gartner Marketing Technology Survey. N=417
53%of marketers who use an
integrated suite report their
martech stack’s potential is
fully utilized
of marketers using a best-
of-breed approach report
their martech stack’s
potential is fully utilized
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
THE RISE OF THE MARKETING TECHNOLOGIST LEADS TO
BETTER SUPPORT FOR BEST-OF-BREED STACKS
88%82%
76%80%
70%
89%80% 77% 75%
70%
Research and recommendnew marketing technology
products
Operate marketingtechnology products as an
administrator
Train and supportmarketing staff on using
marketing technologyproducts
Integrate marketingtechnology products with
each other
Monitor data quality withinmarketing technology
products
2018 2019
Source: https://chiefmartec.com/2019/03/marketing-technology-job-responsibilities/
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
KEY TAKEAWAYS
1 2 3
Marketing Clouds set out to solve
the single customer view – but
lacked the right technology and
customer-centric profiles
Marketers get more utility out of
best-of-breed technology and can
focus efforts on building a
dedicated marketing technology
stack that meets their needs
Customer data platforms’
centralized profiles are designed
to handle real-time data. A built-
for-purpose CDP liberates data to
give marketers the most value
from their technology stack
© 2020 BlueConic, Inc. All Rights Reserved. Any disclosure, copying, or distribution without permission is prohibited.
Q&AGet in touch to learn more.
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© 2020 eMarketer Inc.
Why Brands Will Abandon Marketing Cloud
Suites in 2020
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Cory Munchbach
Chief Operating Officer
BlueConic
Marissa Coslov
Vice President of Business
Development
eMarketer
Sponsored content presented by
MODERATOR
February 25, 2020
Tech-Talk WebinarQ&A Session
PRESENTERS
Sean Gouldson
Director of Solutions Consulting
BlueConic