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New Study Reveals Significant Gap Between Canadian Consumer Expectations and Businesses’ Ability to Deliver on a Great Customer Experience

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While 41% of consumers are prepared to switch brands due to poor experience, only 11% of Canadian business leaders consider themselves customer experience leaders

New research released today by Medallia, the global leader in customer and employee experience, reveals a significant gap between consumers’ customer service expectations and Canadian businesses’ ability to deliver on those expectations. Medallia and IPSOS will discuss insights from the report today with a panel of customer experience professionals.

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“Every brand in Canada has the potential to drive a phenomenal customer experience. It’s a top priority among consumers today. However, our survey shows that the majority of Canadian businesses are falling far short of consumer expectations when it comes to delivering on that promise”

In July of this year, Medallia and IPSOS surveyed 300 Canadian experience professionals across 12 industries and 2,000 Canadian consumers. The resulting State of Experience in Canada Report examines the implications of COVID-19 on Canadian businesses, looks at changing Canadian consumer expectations surrounding customer experience, and reveals that the majority of Canadian businesses are still playing catch up when it comes to delivering on a consistently strong, omni-channel customer experience.

“Every brand in Canada has the potential to drive a phenomenal customer experience. It’s a top priority among consumers today. However, our survey shows that the majority of Canadian businesses are falling far short of consumer expectations when it comes to delivering on that promise,” said Shannon Katschilo, Medallia AVP and country manager for Canada.

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The research reveals:

  • Canadians today are using more channels than ever to communicate, presenting new customer experience challenges for business
    • 41% of Canadians say a poor customer experience will drive them to purchase from another brand
    • 16% of Canadians will pay more for a great customer experience
    • Only 23% of Canadian consumers strongly agree that they receive a consistent service across all channels
    • Against the backdrop of COVID-19 only 28% of consumers felt companies have mastered contactless interactions and engagement
  • Canadian businesses don’t feel that they have kept up with changing consumer expectations regarding customer service and consistency of experience across channels
    • Only 11% of organizations surveyed consider themselves CX leaders, meaning their organizations are:
      • Is CX obsessed
      • Has fostered a customer and journey centric culture
      • Is using data to constantly improve the customer experience
    • Almost 50% of employees strongly feel that their biggest challenge today is customers moving to new channels
  • While the value of CX is well-recognized by business leaders, far fewer use advanced analytics to identify the financial value of CX improvement
    • Less than 1/3 of executives believe that their organization obtains and analyzes customer data well
    • Only 27% believe the tools being used to collect and analyze customer sentiment are adequate
    • Only 33% of employees are aware of customer feedback programs within their organization and only 43% of those employees are engaged with those programs
    • 60% of employees feel they lack the necessary tools to deliver an exceptional customer experience

“Our research shows that greater than 50% of businesses who invest in CX see positive returns in customer experience and 35% of those companies realize gains in financial performance and yet, universally the executives, employees and customers all agreed that more needs to be done in the customer experience space to meet changing consumer expectations,” continued ​​Katschilo. “Leading customer experience organizations understand the power of using real-time data to predict and alert the business to issues they need to resolve before their customers decide to leave.”

Today, Medallia and IPSOS will host a panel of customer experience professionals from financial, retail, telco, research and hospitality sectors who will discuss how leading Canadian businesses are turning to customer experience best practices to:

  • Adapt and innovate to remain competitive
  • Leverage customer data to predict and alert businesses to potential churn risks
  • Deliver a consistent omni-channel experience

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Procore Announces New Innovation Connecting Construction with Mobile Personalization, Messaging and Investments in AI

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New solutions to deliver productivity with AI-driven voice capture, integrated messaging, and open network of construction companies

Procore Procore Technologies, a leading provider of construction management software, today announced the next wave of enhancements for a smarter and more connected platform.

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“We’re consistently innovating by connecting all of your people, workflows, data and tools, with a single user experience on mobile and web, from preconstruction to close out.”

“For almost 20 years, Procore has been working to connect everyone in construction on a global platform, providing a single source of truth for customers around the world,” said Tooey Courtemanche, Procore founder and CEO. “We’re consistently innovating by connecting all of your people, workflows, data and tools, with a single user experience on mobile and web, from preconstruction to close out.”

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Procore Quick Capture Highlights Investment in Mobile, AI and ML

Procore is bringing innovations to mobile that connect the field and office. With acquisitions of INDUS.AI and Avata Intelligence, Procore has invested in artificial intelligence (AI) and machine learning (ML) technology across its platform to help unlock the value of project data and drive efficiencies.

Procore Quick Capture is voice-enabled input technology that will launch in 2022, automating and simplifying data entry in the field by “telling” Procore what it should enter. With Procore Quick Capture on the Punch tool, users will be able capture a video of punch items and simply talk to Procore. Through AI and ML, Procore will create the punch item, attach a photo, and even assign it to the appropriate trade. Early testing has shown that this new voice-enabled punch can cut down the time required to capture and log information in the field for reporting by at least 50%.

Procore Conversations is Contextual Messaging for Construction

Collaboration on projects starts with communication. Today, that communication is rigid and is fragmented across multiple channels, such as email, text, and third-party messaging solutions. Procore Conversations, available in pilot in the fourth quarter of 2021, brings intuitive, contextual messaging to Procore, saving time and integrating communication across channels. Conversations are organized, prioritized, and easily accessible on mobile and web. Critical updates, questions, and discussions will happen seamlessly across the office and field, and are contextual to the item being discussed, such as an RFI, Change Order, or Observation.

“For the last 18 months, we met with customers and challenged ourselves to rethink how we innovate and improve the lives of everyone in construction,” said Wyatt Jenkins, SVP of product at Procore. “We are building solutions that connect the field and the office across mobile, leveraging AI, voice commands and messaging with Procore Conversations. On top of that, we are introducing the world’s largest online network of construction companies. It really feels like the beginning of the next chapter of construction technology.”

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3i Inc. Raises US$24M in Oversubscribed Series A Funding Round

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3i Inc.3i Inc., an industry-leading immersive experience company specializing in metaverse technology, artificial intelligence, augmented and virtual reality, and a member of Born2global Centre, completed an investment of nearly $24M (₩28B Won). The round included $20M from new financial and strategic investors and $4M from existing investors.

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SV Investment led the round, with other participants including Korean Development Bank, LB Investment, DS Asset, YG Investment, Intops Investment, Enlight Ventures, NBH Capital, and Korea Asset Investment Securities.

Founded in 2017, 3i has 34 technology patents and includes two brands: Pivo and Beamo. Pivo is a platform business sitting at the intersection of hardware, software, and content focused on empowering everyday creators around the world with its Pivo Pod, a portable AI-powered smart pod, and suite of mobile apps that extend the capabilities of any smartphone and simplify rich content creation.

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Beamo is an enterprise-grade digital twin solution for mission-critical businesses and sites. Beamo creates a dynamic digital twin that allows enterprises to conduct remote inspections, maintain equipment remotely, collaborate with remote teams and provide the most immersive navigation of mission-critical assets.

“3i is a company which is growing dramatically in B2B digital twin solutions using AI and AR/VR technologies and B2C video content creation platform”, said Joo-wan Jeong, Director at SV Investment. He added, “I made this investment because I believe 3i will be able to grow into the only global player that possesses both technology and content in the integrated metaverse”.

3i plans to use the funds raised to develop new products and expand its metaverse platform business. Additionally, 3i plans to invest significantly in scaling out the company with multiple open roles in recruiting, marketing, customer success, design and engineering, as well as key investments in the 3i brand experience in the market over the next year.

Ken Kim, CEO of 3i said, “The metaverse is the next-generation platform, where soon, all media flows are expected to move. Our products and solutions help enterprises and content creators leap onto the metaverse much more easily, seamlessly, and quickly than ever before, changing the way the physical world interacts with the digital world”.

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Bubblr Adds Highly Regarded CFO to Executive Team

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Bubblr Adds Highly Regarded CFO to Executive Team
— Bubblr Appoints Experienced Leader Neeta Shah as New CFO
— Strategic Addition a Key Milestone as Part of Enhanced C-Level Suite

Bubblr Inc., an ethical technology company focused on the development and commercialization of mobile-first technologies, today announced the appointment of Neeta Shah as Chief Financial Officer. Shah’s appointment strengthens the company’s leadership and executive team.

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Shah brings 20 years of global experience in Finance and Operations to the Company.  She has worked with a breadth of companies from public multi-nationals to PE- and VC-backed enterprises across a range of industries that includes Technology, Finance, Real Estate and Media. As the founder of Startup CFO Solutions, she has advised businesses at critical points such as the launch of new products, expansion of operations, acquiring critical talent, and raising and securing investment. Her career began at PricewaterhouseCoopers’ Assurance and Advisory services in London and Sydney. Shah subsequently joined BlackRock in London and later New York, where she worked on Finance initiatives for the Technology business. She has also worked with Citigroup’s Global Consumer Bank Finance, based in New York and focused on digitization and automation. Shah has a BSc in Economics from the London School of Economics, is a Chartered Accountant with the Institute of Chartered Accountants in England and Wales and is a CFA charter holder.

Steven Saunders, CEO of Bubblr, Inc. stated, “Neeta’s appointment is critical in fulfilling our ambitions to become a major technology player. Her breadth of experience will be integral in our journey to substantively change the online ecosystem and deliver a more equitable Internet platform for commerce. I wholeheartedly welcome her to our executive team and look forward to working with her.”

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What’s the One Thing Gen Z, Millennials, Gen X and Boomers Have All Relied On in the Pandemic? Texting.

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Klaviyo, What's the One Thing Gen Z, Millennials, Gen X and Boomers Have All Relied On in the Pandemic? Texting.

Klaviyo, a leading customer data and marketing automation platform, today released “SMS for Marketers,” a new study that delves into how consumers’ relationships with their phones have changed during the pandemic, including the increased relevance of texting across all generations and cohorts.

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Notably, more Americans (51%) say they have increased their use of texting in the past 12 months, compared with other popular forms of communication. With this shift in consumer mobile behavior, brands need to pivot their marketing strategies to focus more on SMS to reach their customers.

Key findings of the survey, which polled 2,000 Americans ages 13-76 who own cell phones include:

Our Phones Are Our Lifelines — With Texting Leading the Way
According to the study, more than half (59%) of Americans say that their phone has been their lifeline during the pandemic; 47% said they literally couldn’t live without it. And 51% say they have increased their use of texting in the past 12 months compared to other communication applications and services such as phone calls (42%), email (42%), Facetime/video calls (41%) and social media messaging.

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Other takeaways include:

  • Across every generation — Gen Z, Millennials, Gen X and Baby Boomer — text messaging ranks number one as the most important communication platform on cell phones.
  • Half of Americans (51%) Americans are more likely to feel happy when friends text them (58%) than any family members, including siblings (43%), Mom (38%) and Dad (29%).
  • 43% of Americans have unread texts on their phone, with the average American having 47 unread messages.
    • Of those with unread texts, one in five (19%) wait to finally clear out their unread text messages until there’s more than 100 or “too many to count.”
  • The average American has 1,602 unread emails in their personal inbox, and only 32% of Americans can say they have an inbox with zero unread messages.
  • More than a third (38%) of Americans say that their phone is the most important thing they own.

For Brands, Texting is a Powerful Way to Reach Customers
The survey also revealed insights for brands when it comes to communicating with customers via their cell phones. More than one in five survey respondents (22%) went as far as to say a text from a brand made their day during the last year. In fact, Americans with unread text messages say they are more likely to ignore friends and family texts than brand texts; 56% of unread text messages are from family and friends, compared with only 44% on average are from brands(Klaviyo).

“Phones have served as an undeniable lifeline to people through some very difficult times over the past year, and it’s clear those relationships we’ve built with our devices are only going to get stronger as we emerge from the pandemic,” said Kady Srinivasan, SVP, Global Head of Marketing at Klaviyo. “Brands need to capitalize on this shift and recognize trends in consumer behavior to better understand how they can build stronger relationships with their customers through mobile devices.”

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Launch of a New Revolutionary Platform Enables Businesses to Engage with the Entire Customer Base Not Just Purchasers

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A Closer Look launches the Customer Ambassador Program, empowering businesses to engage in real-time with consumers as they interact with their brand to understand better their consumer behavior

A Closer LookA Closer Look is excited to announce the launch of the Customer Ambassador Program, an innovative customer engagement platform that enables businesses to measure customer experience in real-time as consumers interact with their brand. The new platform allows companies to gather feedback from their entire customer base, not just those who complete purchases, and collect verified contact information for future marketing campaigns. With minimal setup and no major IT implementation, the Customer Ambassador Program keeps businesses’ customer acquisition costs low while offering immediate data that impacts operational decisions and future marketing campaigns.

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The Customer Ambassador Program empowers businesses to gain actionable insight into operations beyond the reach of existing customer feedback programs. With A Closer Look’s innovative solution, companies can access unbiased insight from their total customer base, regardless of purchase, enabling businesses to build stronger consumer loyalty by listening and impacting change. “The Customer Ambassador Program helps businesses get closer to their ultimate source of truth – the customer, and not just customers who transact, but also those who browse but do not buy. Our program complements businesses’ existing customer engagement programs and helps businesses stay ahead of the changing trends in consumer behavior by collecting data from businesses’ entire customer base,” explains A Closer Look’s Chief Executive Officer, Chris Gillen. “The Customer Ambassador Program is a modern solution to customer engagement that helps businesses interact with a significant portion of their buying audience, giving operational leaders the insight into necessary changes to increase customer conversion and grow revenue.” With the Customer Ambassador Program, businesses can get closer to their ultimate source of truth – their customer – and ask the right question at the right time to identify opportunities to improve the customer experience, build stronger customer loyalty, and grow the business.

The Customer Ambassador Program dashboard offers businesses the ability to instantly access customer sentiment metrics in real-time with all data displayed in aggregate as well broken down by location, date, and time. The cloud-based dashboard catalogs individual consumers’ comments and pictures to provide detailed insight into specific customers’ experiences. According to Rena Sharpe, Chief Operating Officer at Goodwill of Kentucky and early adopter of the Customer Ambassador Program, “the dashboard’s access to data and insights holds the potential to transform our operations and positively impact the customer experience.”

The Customer Ambassador Program rounds out A Closer Look’s solutions portfolio, which already encompasses Customer Engagement Solutions and Mystery Shopping Solutions. The Customer Ambassador Program complements A Closer Look’s existing Customer Engagement Solutions, including the Trusted Partner Program and SMS surveys. Within the Mystery Shopping group, A Closer Look offers the following solutions: mystery shopping, competitor market analysis, health and hygiene satisfaction assessments, eCommerce evaluations, and virtual visits.

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Logiq Introduces Geofencing, Enabling Marketers to Customize Messaging Based Upon Context of Consumer Location

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Logiq Introduces Geofencing, Enabling Marketers to Customize Messaging Based Upon Context of Consumer Location

Logiq, Inc., a global provider of award-winning e-commerce and fintech solutions, has expanded its Logiq Digital Marketing™ (LDM) platform to include geofencing-based targeting.

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Unlike traditional geotargeting that restricts digital ads to audiences in a particular zip code, city, state or country, geofencing is a custom defined area that can outline the boundaries around a particular store, mall, or other physical venue. The technology enables geofencing by using the latitude and longitude coordinates of a consumer digital device, such as a connected TV, smartphone, tablet or PC, to determine their location.

This solution gives marketers significantly greater precision and personalization in the message they deliver to consumers based upon the context derived from visiting a geofenced region. Marketers can deliver a customized message to such consumers in real time, whereas many traditional solutions require marketers to wait a week or more for a newly defined segment to be populated with consumer data. LDM also enables marketers to target consumers who have been in a particular location up to 30 days in the past.

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Geofencing has become an important alternative targeting technique given the increasing restrictions placed on marketers using third party cookies, mobile advertising IDs and other forms of personally identifiable information (PII). LDM geofencing uses anonymous data supplied from GPS, RFID, WiFi and cellular protocols, thereby avoiding the use of PII. This allows marketers to deliver a relevant contextual advertising message when a consumer enters a geofenced area without infringing on their privacy.

“Gaining access to more precise, real time geofencing capabilities has become increasingly critical to our clients,” stated LDM president, Manny Puentes. “Context is extremely valuable when delivering a personalized marketing message to consumers. A consumer visiting a physical store location can be as much of a contextual signal as the content they’re viewing on their digital device. Marketers who have all this information at their fingertips while architecting their campaign strategy will come out far ahead.”

The market size for global geofencing services is estimated to be growing at a 27% CAGR, to reach more than US$2.3 billion by 2023.

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Walmart Announces Closing of Inaugural $2 Billion Green Bond Issuance

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Walmart Announces Closing of Inaugural $2 Billion Green Bond Issuance
Net Proceeds will be Allocated Toward a Portfolio of Eligible Green Investments in Support of Walmart’s Sustainability Goals

Walmart Inc. today announced that it has closed its previously announced $2 billion inaugural green bond offering. Net proceeds will be allocated to fund current and prospective projects to advance Walmart’s sustainability goals.

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“Becoming a regenerative company is a journey. This green bond signals that we continue to make headway. We remain steadfast in our commitment to addressing climate change, transitioning to a circular economy and restoring natural ecosystems, all while supporting the communities in which we operate.”

The green bond is Walmart’s first offering under the company’s Green Financing Framework, published August 2021, which details the company’s alignment with the 2021 Green Bond Principles, administered by the International Capital Markets Association (ICMA).

“The closing of our first-ever green bond offering directs capital toward projects that will advance our environmental sustainability goals now and in the years to come. These goals include achieving 100% renewable energy by 2035 and zero emissions in our operations by 2040,” said Kathleen McLaughlin, Executive Vice President and Chief Sustainability Officer, Walmart. “Becoming a regenerative company is a journey. This green bond signals that we continue to make headway. We remain steadfast in our commitment to addressing climate change, transitioning to a circular economy and restoring natural ecosystems, all while supporting the communities in which we operate.”

Walmart intends to allocate an amount equal to the net proceeds of the $2 billion offering toward a portfolio of Eligible Green Investments within the following Eligible Green Categories:

  • Renewable energy projects, including supporting infrastructure such as micro grids and energy storage to reduce emissions and transition away from fossil fuel use.
  • High performance buildings projects related to making Walmart’s facilities more energy efficient.
  • Sustainable transport projects related to Walmart’s operations, supply chain or customers, such as electric, hydrogen and hybrid vehicles.
  • Zero waste and circular economy projects focused on waste prevention, waste reduction, and waste recycling for Walmart’s facilities, supply chain and in the communities where Walmart operates, including closed-loop material flows and resource-efficient packaging and distribution.
  • Quality and efficient water stewardship projects and technologies, including water efficiency, water conservation and water quality projects such as upgrading water fixtures and irrigation systems, water monitoring and controls, and investment in water harvesting, treatment and recycling infrastructure.
  • Habitat restoration and conservation centered on the preservation, restoration and management of natural landscapes including the protection of coastal, marine and watershed environments.

On an annual basis, Walmart will issue a public report with information on the allocation of bond proceeds to Eligible Green Investments until an amount equal to the net proceeds of the green bond has been allocated. In addition, Walmart will, on a best efforts basis, provide impact reporting to support its allocation reporting.

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The green bond is part of $7 billion of new senior unsecured notes that the company successfully closed across 5-, 7-, 10-, 20- and 30-year tranches.

Leading the green bond as active bookrunners were four nationally recognized minority- and women-owned firms, including African-American and service-disabled veteran-owned AmeriVet Securities, Inc., women-owned C.L. King & Associates, Inc., Hispanic-owned Samuel A. Ramirez & Company, Inc. and African American- and women-owned Siebert Williams Shank & Co., LLC. BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC also served as active bookrunners on the green bond. BofA Securities, Inc. was the Green Structuring Agent, while Citigroup Global Markets Inc. served as Diversity and Inclusion Coordinator.

“Walmart is committed to furthering our relationships with minority owned businesses, and we’re pleased that our inaugural green offering included the work of four nationally recognized minority- and women-owned investment banking firms,” said Brett Biggs, Executive Vice President and Chief Financial Officer, Walmart. “Their support is helping to drive both financial and sustainable benefits that we believe will drive positive societal and total shareholder returns.”

Walmart’s Sustainability Strategy

Walmart has a comprehensive ESG strategy and is committed to initiatives under the pillars of Opportunity, Sustainability, Community and Ethics & Integrity.

Climate change has been a top sustainability priority at Walmart since 2005 and the company has worked to reduce and avoid emissions throughout its operations and beyond for more than a decade.

In 2016, Walmart became the first retailer to announce a science-based emissions target designed to achieve emissions reduction in its operations and supply chains. In 2020, Walmart raised its aspiration to reduce operational (Scopes 1 and 2) emissions by realigning its science-based target to a 1.5-degree Celsius trajectory, the highest ambition approved by the Science-based Targets Initiative. Walmart’s goal is to achieve zero emissions across its global operations by 2040, reducing absolute scopes 1 and 2 GHG emissions by 35% by 2025 and by 65% by 2030 from a 2015 base year. Walmart was the first U.S. retailer to make a zero emissions commitment that does not rely on carbon offsets.

In support of these goals, Walmart aims to be supplied by 100% renewable energy by 2035 across its global operations, electrify and zero out emissions from all its vehicles, including long-haul trucks, by 2040 and transition to low-impact refrigerants for its facilities by 2040.

In 2017, Walmart launched Project Gigaton™, an initiative with its suppliers to avoid one billion metric tons (a gigaton) of greenhouse gases in the global value chain by 2030 by focusing on areas including energy use, product design and use, waste and packaging.

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605 and PlaceIQ Announce Partnership Expansion

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605 and PlaceIQ Announce Partnership Expansion
For the first time, 605 can leverage PlaceIQ data through “always on” real time measurement using 605 IMP4CT

Today, 605, a global leader in television and cross-platform measurement, analytics and attribution, and PlaceIQ, a leading data and technology provider, announced the expansion of their existing partnership to bring “always on” planning, measurement and attribution to the TV marketplace, by integrating PlaceIQ’s data within 605’s state of the art proprietary measurement and attribution product, 605 IMP4CT®.

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“Location data within 605 IMP4CT® will enable data-driven viewership and measurement solutions for today’s TV campaigns.”

This first of its kind partnership will enable 605’s customers to measure real-time performance of TV and cross-platform campaigns across a variety of categories, including auto, QSR and retail. With combined data going back to January 2020, clients will be able to create benchmarks against historical campaigns, explore key drivers of campaign performance in real-time and attribute cross platform media exposure to in-store visitation for more than 2,000 brands.

Using 605 IMP4CT® and the novel “always on” capability, which will only exist on 605 platforms, clients will be able to view data updated daily. Due to the breadth of data available, clients can learn and adjust against many campaign-based variables including creative, audience segment, network, daypart and media property.

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“As we approach our fifth anniversary, 605 continues to focus on expanding our capabilities to better understand how viewers are watching TV across linear, time shifted and digital content,” said 605 Founder and CEO Kristin Dolan. “Our expanded partnership with PlaceIQ is a strong testament to our progress. We are excited to leverage their superior dataset in order to provide unparalleled, real-time measurement and attribution to clients and stakeholders.”

The expanded partnership builds upon the companies’ previous agreement, which was announced in September 2020. In the year since, 605 and PlaceIQ have worked closely together to offer measurement capabilities to clients, including enabling PlaceIQ to introduce 605 PLATF0RM® and 605 IMP4CT® to their clients.

“We are proud to embark on this next phase of our partnership with 605, expanding to meet the maturing needs of our TV clients,” said Duncan McCall, CEO of PlaceIQ. “Location data within 605 IMP4CT® will enable data-driven viewership and measurement solutions for today’s TV campaigns.”

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Vonage Introduces Video Express to Help Businesses Quickly and Simply Deliver Flexible, Personalized, and Quality Video Experiences for Large Audiences

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Vonage Enhances Video Capabilities for its UCaaS and CCaaS Solutions with its Video API

Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation, has launched Vonage Video Express to make it easier and faster for developers to leverage the Vonage Video API for multiparty calls. Vonage Video Express truly democratizes video and makes every web developer a video developer. Instead of taking days, weeks, or even months to integrate video into an application, a developer is now able to integrate video within hours with just a few lines of code.

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Multiparty video calls involve multiple participants sharing their audio and video streams while simultaneously subscribing to participants’ streams. Vonage Video Express provides support for simplified and optimized Video API usage, including automatic management of rooms, participants, layout, quality and experience.

Before the onset of the COVID-19 pandemic, video meetings often connected a single person or team to another person or team. When virtually every business around the world shifted overnight to remote delivery of services and work from home models, the volume of employees signing in individually, with their unique network connections and devices, presented challenges in scalability and flexibility for existing customer applications leveraging video. With Video Express, Vonage is making it simpler for businesses who want to build best-in-class video experiences for multiple participants, but don’t have the skill level or resources required in-house to implement customization or manage the quality without additional support and tools.

“The pandemic has ushered in a new era for video communications, with consumers, students, patients, and employees now appreciating the value of this medium,” said Courtney Munroe, Vice President, Worldwide Telecommunications at IDC. “As we shift into a post-pandemic reality, organizations will need to continue to reinvent themselves by enhancing their customer journeys with innovative digital features. Video communications is showing tremendous growth and expansion, with healthcare, education, events, and business services leading the way with complex multiparty video experiences.”

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“In order to meet customer demand post-pandemic, businesses will need to reinvent how they connect with customers and employees through large-scale video experiences. The Vonage team has seen first-hand how developers face the same challenges over and over when trying to bring more people into the room without sacrificing quality, so we were inspired to do what we can to make multiparty video less complicated for customers using our Video API,” said Savinay Berry, EVP, Product and Engineering, Vonage. “Our goal is to democratize video. Every web developer should also be able to easily integrate video without knowing the configurations required for bit-rates, resolution, and bandwidth.”

Vonage Video Express—currently in beta—will help Vonage customers across all industries get to market quicker with slicker branded experiences, while controlling their video-related costs and without compromising on quality and scalability:

  • Telehealth – Healthcare platforms are now offering their practitioners a variety of multiparty telehealth options, including expert consultations connecting patients, medical experts, and the patient’s family remotely to expedite decision making, and even group therapy sessions that remove technology barriers and create spaces for the open exchange of ideas.
  • Education – In the online education space, multiparty video is being deployed to improve tasks from classrooms to school-to-home communications to remote exam administration and hiring of talent.
  • Events and Entertainment – Companies innovating in the online events space have been one of the fastest growing sectors during COVID, building interactive stages and broadcasting to millions over video via social channels.

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Bounteous Acquires Lister Digital to Accelerate and Expand Global Delivery Capabilities

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Bounteous Acquires Lister Digital to Accelerate and Expand Global Delivery Capabilities

Move into India positions consultancy for more global strategic engagements

Bounteous, a leading insights-driven digital experience consultancy, announced that it has acquired Lister Digital, a full-service digital transformation consultancy with offices in Chennai, India, and San Mateo, California.

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“We are excited to expand our global delivery capabilities to India and to work together with the Lister leadership team to drive better outcomes for all of our clients”

The addition of Lister allows Bounteous to deliver on global demand for its co-innovation offering and execute strategic engagements across multiple continents. With the acquisition, Bounteous deepens its CRM capabilities and adds over 350 skilled experts to the team.

Lister Digital drives end-to-end digital commerce, marketing, and engineering solutions. Together with their client portfolio of Fortune 500 brands, Lister Digital creates meaningful and authentic customer experiences—throughout the entire lifecycle of prospect acquisition, engagement, conversion, and retention. With Lister, Bounteous rounds out an already stellar technology partner roster with additional certifications and expanded capabilities for partners like BigCommerce, Acquia, Salesforce, Oracle, and Adobe.

“We are excited to expand our global delivery capabilities to India and to work together with the Lister leadership team to drive better outcomes for all of our clients,” said Keith Schwartz, co-founder and CEO of Bounteous. “Lister’s long track record of success serving large North American clients and access to an incredibly deep pool of digital talent in India will greatly benefit our clients. This is a big step in helping us realize our vision of becoming the world’s preeminent independent digital consultancy.”

“We’re excited to join forces with Bounteous to accelerate digital innovation for clients,” said Srinivasagopalan Chary, CEO of Lister Digital. “This decision grew naturally out of our commitment to sustaining our growth trajectory for our team members and positioning us to drive expansive co-innovation engagements with our category-leading clients. With their world-class capabilities, talent and client roster, Bounteous was the ideal partner for us.”

This marks the latest in a series of acquisitions for the fast-growing consultancy, which has grown six-fold over the last five years. In August, Bounteous announced a partnership with New Mountain Capital, a leading growth-oriented investment firm with over $30 billion in assets under management. Bounteous and Lister Digital’s combined multinational client portfolio includes Fortune 500 brands such as Caesars Entertainment, Coca-Cola, Domino’s, and Mars Wrigley.

Lister Digital has been an intrinsic part of Chennai’s community since 2001. Lister has driven notable Corporate Social Responsibility programs like Diha, which aims to make high-quality, compassionate healthcare accessible in the region. Over the years, Lister has been supporting many purpose-driven community initiatives, including Akshaya Trust, Ekam Foundation, and more.

Technology Holdings acted as exclusive investment banking advisor to Lister in this transaction.

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Procore Expands Document Management, Data Center Coverage and Regional Customization to Meet Global Demand

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CAST Introduces First-Of-A-Kind Automated Green Software Insights Capability

New Procore product enhancements continue to support the needs of its customers around the world.

Procore Technologies, Inc., a leading provider of construction management software, announced multiple platform updates to further meet the needs of its global customers — from document control to data and privacy enhancements. Used in over 125 countries, Procore’s platform is continually advancing to provide customers with everything they need to meet business and security needs worldwide.

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“Our platform enhancements for customizability, security, privacy, storage, and collaborative document management will benefit both existing and new customers as we continue to expand internationally.”

“Procore builds software for the people who build the world,” said Tooey Courtemanche, Procore founder and CEO. “Our platform enhancements for customizability, security, privacy, storage, and collaborative document management will benefit both existing and new customers as we continue to expand internationally.”

Collaborative Document Management Goes Global

Procore is taking its world-class document solution global to improve how the industry collaborates on construction documents across all project stakeholders. This is often a fragmented and inefficient process with construction teams using multiple disconnected solutions for versioning, markup, and workflow management. In 2020, 90 million documents were uploaded to the Procore platform. Procore’s new collaborative document management solution, coming soon, will offer a more flexible and configurable approach, making it easier and faster to access and collaborate on documents. It will provide customers with an integrated markup experience, offer custom approval workflows with granular file level permissions, and provide a solution that helps them meet common data environment (CDE) requirements and ISO compliance standards.

“We use Procore to manage documents on our projects and to digitise our inspections and snagging processes,” said Philip Lambourne MSc MCIOB, head of design and information management at Henry Boot Construction Limited in the UK. “The level of support Procore offered with configuring the platform and its usability was largely the reason behind our decision to select them. The support provided is vital, not only for our internal employees but for all our supply chain partners.”

“For all Procore customers around the world, this will provide a single location for all project documents, from preconstruction through closeout, and can only be accomplished with a true platform offering unlimited users, unlimited data and unlimited collaboration on every project,” said Wyatt Jenkins, Procore’s Senior Vice President of Product.

Global Cloud Infrastructure and Security Features to Meet Global Needs

Procore has expanded its global infrastructure with 11 new cloud data centers for file storage, now 15 in total, that allow customers to store certain project data locally, while also improving the speed and performance of the platform. Procore provides enterprise grade security and privacy features such as data encryption-at-rest, managed bug bounty program, strict access control policies, and more. Procore solutions can assist customers in meeting their data privacy and governance requirements, including GDPR, California’s Consumer Privacy Act (CCPA) and Australia’s Privacy Act of 1988 — learn more here.

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Platform Flexibility and Global Enhancements Drive Customer Success

With feedback from global customers, Procore is building customization into the platform to meet the diverse needs of customers around the world. Whether building an inspection test plan in Australia or contractual correspondence in Germany, Procore’s customizable platform flexes to support regional business needs. Custom and Configurable fields are now supported by every product across the platform.

For Dean Hopkins, chief operations officer at Oxford Properties, “Procore is a big part of creating a global development platform, where we can benefit from what teams in Australia are doing and learning, and that can actually translate to what we’re doing in North America on projects, and then also to our teams in Europe on projects. Procore is at the center of collaboration that activates this global pool of expertise.”

Industry Votes Procore as Top Construction Platform Solution

Procore was recently named the tenth best software company in the world on The Software Report’s list of 100 Top Software Companies of 2021, and received top honors from G2 in eight categories of software: construction management, construction project management, bid management, construction ERP, construction drawing management, construction accounting, punch list, and jobsite management software.

Abine Implements Anonybit to Offer First Decentralized Password Manager, Free to Existing Customers

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Bearer Launches Data-First Security Solution

Online privacy company Abine announced it is using technology from Anonybit.io to release the first ever password manager built on a decentralized identity framework for the company’s Blur platform.

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While device-based password managers use biometric authentication for enhanced security, the processes they use are easily circumvented by hackers. In contrast, the Anonybit system closes the gaps by breaking down biometric data into anonymized bits (“anonybits”). The anonybits reside in a peer-to-peer network composed of numerous nodes able to compute the biometric match. The anonybits never leave the nodes and cannot be used to reconstruct the initial information, providing unparalleled security for consumers.

“This implementation represents a first in the password protection space, and is something that’s long overdue,” says Rob Shavell, Abine Co-Founder and CEO. “The decentralized nature of the biometric information storage makes the Anonybit solution a leap forward in privacy-by-design.”

Anonybit’s decentralized identity framework uses face biometric technology to encrypt and retrieve a single master password which reduces the forgotten password problem while reducing fraud, strengthening compliance, and protecting the user’s identity and assets.

CEO and co-founder of Anonybit, Frances Zelazny, considers the collaboration an opportunity to provide increased online security to a wider audience. “Consumers are clamoring for better data protection and stewardship over their personal information. Abine is answering the call, bringing enhanced security for their customers and instilling greater confidence in their online interactions. There is no entity today that does not face privacy and security issues, and we are pleased that through this initiative, our infrastructure can reach more users,” she says.

The decentralized password manager will be available at no cost to all existing Abine Blur customers through their existing account, starting with password retrieval and followed by extended functionality for account login in the coming months.

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Informatica Announces On-Prem to Cloud Modernization Program With Snowflake

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Informatica Announces On-Prem to Cloud Modernization Program With Snowflake

Joint Customers can Modernize PowerCenter ETL and ELT Workloads to the Cloud 12X Faster Than Before with 90% or Greater Automated Migration to the Snowflake Data Cloud

Informatica®, an enterprise cloud data management leader, announced an on-premises data warehouse and ETL-to-cloud modernization program in partnership with Snowflake. As part of Informatica’s Cloud Data Warehouse Modernization program for PowerCenter customers, Informatica is now enabling PowerCenter customers to accelerate modernization of on-premises data warehouse and ETL deployments to a completely cloud-native approach approximately 12x faster than before and with up to 6x reduction in total cost of ownership (TCO).

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“Data analytics is the holy grail of digital transformation and to gain intelligence from your data it is imperative that companies modernize their data stack to a cloud-native platform,” said Christian Kleinerman, SVP of Product, Snowflake. “With this newly announced program, Informatica customers can rapidly accelerate their migration to the Snowflake Data Cloud to accelerate their digital transformations.”

“Alcority works closely with Informatica and Snowflake to accelerate our cloud modernization journey,” said Lars Kielhorn, CIO and VP of Technology, Alcority, a global organization creating long-term value by continuously delivering advisory, transformation and operational support services to customers worldwide. “With Informatica’s Intelligent Data Management Cloud (IDMC) and Snowflake’s Data Cloud, we have a data foundation to drive success across our portfolio of companies for data democratization, automation, and real-time analytics.”

Informatica’s Cloud Data Warehouse Modernization program includes automated migration factory assessment and has provided 90% or greater automatic ETL mapping conversions to IDMC and Snowflake’s Data Cloud for several joint Snowflake and Informatica customers. Some of the largest Informatica PowerCenter deployments in the world are part of this cloud modernization program. One of the largest global pharmaceutical companies intends to migrate 25,000 data mappings to Informatica’s Intelligent Data Management Cloud and repoint the data flows to Snowflake’s Data Cloud with approximately 99% automated conversion expected by leveraging Informatica’s cloud migration factory automation.

“To realize the economics, elasticity and true value of data analytics, we believe companies need to modernize to the cloud,” said Jitesh Ghai, Chief Product Officer, Informatica. “With the new Cloud Data Warehouse Modernization program we are announcing today in partnership with Snowflake, our joint customers can gain critical business agility for their most important data assets with cloud-native, AI-powered capabilities from Informatica’s Intelligent Data Management Cloud and the Snowflake Data Cloud.”

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Gamification Market to Benefit Profoundly; E-learning During Coronavirus Pandemic to Intensify Market Proceedings

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List of the Companies Profiled in the Market: Microsoft Corporation (US), MPS Interactive Systems Limited(India), SAP SE (Germany), BI Worldwide(US), Verint Systems(US), Hoopla Software, Inc (US), Aon plc. (CUT-E GMBH) (UK), Influitive Corporation (Canada), Mambo Solutions Ltd. (UK), Khoros, LLC(US)

The global gamification market size is expected to reach USD 37.00 billion by 2027, exhibiting a CAGR of 24.8% during the forecast period. The rising focus towards game-based learning solutions for training and recruitment processes will spur business opportunities for the market during the forecast period. Moreover, the companies are adopting gamification solutions to promote products and enhance customer relations, which, in turn, will augur well for the market in the forthcoming years, states Titled “Gamification Market Size, Share & COVID–19 Impact Analysis, By Deployment (Cloud, On-premises), By Enterprise Size (SMEs and Large Enterprises), By Application (Marketing, Sales, Product Development, Human Resource, Others) By Industry (BFSI, Retail, Government, Healthcare, Education and research, IT and Telecom, Others), and Regional Forecast, 2020-2027” the market size stood at USD 6.33 billion in 2019.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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The Report Lists the Main Companies in the Gamification Market:

  • Microsoft Corporation (US)
  • MPS Interactive Systems Limited(India)
  • SAP SE (Germany)
  • BI Worldwide(US)
  • Verint Systems(US)
  • Hoopla Software, Inc (US)
  • Aon plc. (CUT-E GMBH) (UK)
  • Influitive Corporation (Canada)
  • Mambo Solutions Ltd. (UK)
  • Khoros, LLC(US)

Market Driver:

Cumulative Investment in Immersive Technologies to Augment Market Sales

The growing investment by companies in augmented reality (AR), virtual reality (VR), and mixed reality technologies will subsequently foster healthy growth of the market during the forecast period. For instance, Amazon.com, Inc., and Walmart are utilizing the AR, VR and mixed reality technologies to revolutionize the shopping experience for customers. Similarly, numerous companies are perpetually investing in augmented reality gamification for training and learning purposes, which, in turn, will enable speedy expansion of the market. For instance, Walmart has announced its partnership with Strivr Labs, Inc. to offer training to its employees using VR technology. The training will be provided to the company’s main 200 centers across the U.S. to demonstrate employees about valuable customer service assistance. Walmart stores have around 17000 Oculus Go VR headset for conducting employee training equipped with Strivr training. In addition, the rising adoption of VR and AR technologies by eminent companies will significantly uplift the gamification market share.

The strategies adopted by companies to train employees through gamification software during the global crisis will simultaneously foster healthy growth of the market. Besides, the increasing focus on E-learning with training and learning modules for employees during COVID-19 pandemic will promote healthy adoption of gamification.

Report Scope and Segmentation:

Report Coverage Details
Forecast Period 2020 to 2027
Forecast Period 2020 to 2027 CAGR 24.8%
2027 Value Projection USD 37.0 Billion
Base Year 2018
Market Size in 2019 USD 6.33 Billion
Historical Data for 2016 to 2018
No. of Pages 150
Tables, Charts & Figures
Segments covered By Deployment, By Enterprise Size,  and By Application, By Industry, By Region
Growth Drivers Adoption of Artificial Intelligence (AI) based Gamification Solutions to incentivize Market Growth
Rising adoption of cloud-based gamification solutions by SMEs to surge the market growth
Adoption of AR, VR and Mixed reality technologies to support in market growth

Regional Analysis:

Heavy Demand for Customized Gamification Solutions to Boost Market in North America

The market in North America stood at USD 2.72 billion in 2019 and is predicted to grow rapidly in the forthcoming years owing to the rising demand for customized gamification solutions in the region. The well-established communication networks across large enterprises will aid the development in North America. The surge in online gamers in the US and Canada will contribute positively to the market in the region. The emergence of various online gaming solutions companies in the US and Canada will further boost the revenue of the market in the region. The rising presence of customer-centric companies such as Oracle Corporation, Cisco System, Salesforce, and others in the US will promote the market in the region. The penetration of smartphones and rising internet traffic across the retail & e-commerce sectors will favor growth of the market in North America. Moreover, the implementation of marketing and customer engagement services solutions such as NBCUniversal Media, LLC, Walgreens Co., eBay Inc., Adobe Inc by major companies will consequently create growth opportunities for the market.

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Key Development:

April 2018: SAP SE announced that it has acquired Callidus Software, a sales performance management provider company. The SAP customer will get CallidusCloud customer relationship management (CRM) solution. CallidusCloud will offer an intelligent customer experience suite to the SAP customers.

Table of Content:

  • Introduction
    • Definition, By Segment
    • Research Approach
    • Sources
  • Executive Summary
  • Market Dynamics
    • Drivers, Restraints and Opportunities
    • Emerging Trends
  • Key Insights
    • Macro and Micro Economic Indicators
    • Consolidated SWOT Analysis of Key Players
  • Global Gamification Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Deployment
      • Cloud
      • On-premise
    • Market Size Estimates and Forecasts – By Enterprise Size
      • SME’s
      • Large Enterprises
    • Market Size Estimates and Forecasts – By Application
      • Marketing
      • Sales
      • Product Development
      • Human Resource
      • Others (Customer Engagement, etc.)
    • Market Size Estimates and Forecasts – By Industry
      • BFSI
      • Retail
      • Government
      • Healthcare
      • Education and Research
      • IT and Telecom
      • Others
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia-Pacific (APAC)
      • Middle East & Africa (MEA)
      • Latin America (LATAM)
  • North America Gamification Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Deployment
      • Cloud
      • On-premise
    • Market Size Estimates and Forecasts – By Enterprise Size
      • SME’s
      • Large Enterprises
    • Market Size Estimates and Forecasts – By Application
      • Marketing
      • Sales
      • Product Development
      • Human Resource
      • Others (Customer Engagement, etc.)
    • Market Size Estimates and Forecasts – By Industry
      • BFSI
      • Retail
      • Government
      • Healthcare
      • Education and Research
      • IT and Telecom
      • Others
    • Market Analysis, Insights and Forecast – By Country
      • US
      • Canada
  • Europe Gamification Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Deployment
      • Cloud
      • On-premise
    • Market Size Estimates and Forecasts – By Enterprise Size
      • SME’s
      • Large Enterprises
    • Market Size Estimates and Forecasts – By Application
      • Marketing
      • Sales
      • Product Development
      • Human Resource
      • Others (Customer Engagement, etc.)
    • Market Size Estimates and Forecasts – By Industry
      • BFSI
      • Retail
      • Government
      • Healthcare
      • Education and Research
      • IT and Telecom
      • Others
    • Market Analysis, Insights and Forecast – By Country
      • UK
      • Germany
      • France
      • Spain
      • Rest of Europe
  • Asia-Pacific Gamification Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Deployment
      • Cloud
      • On-premise
    • Market Size Estimates and Forecasts – By Enterprise Size
      • SME’s
      • Large Enterprises
    • Market Size Estimates and Forecasts – By Application
      • Marketing
      • Sales
      • Product Development
      • Human Resource
      • Others (Customer Engagement, etc.)
    • Market Size Estimates and Forecasts – By Industry
      • BFSI
      • Retail
      • Government
      • Healthcare
      • Education and Research
      • IT and Telecom
      • Others
    • Market Analysis, Insights and Forecast – By Country
      • China
      • Japan
      • India
      • South East Asia
      • Rest of APAC
  • Middle East & Africa Gamification Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts – By Deployment
      • Cloud
      • On-premise
    • Market Size Estimates and Forecasts – By Enterprise Size
      • SME’s
      • Large Enterprises
    • Market Size Estimates and Forecasts – By Application
      • Marketing
      • Sales
      • Product Development
      • Human Resource
      • Others (Customer Engagement, etc.)
    • Market Size Estimates and Forecasts – By Industry
      • BFSI
      • Retail
      • Government
      • Healthcare
      • Education and Research
      • IT and Telecom
      • Others
    • Market Analysis, Insights and Forecast – By Country
      • GCC
      • South Africa
      • Rest of MEA
  • Latin America Gamification Market Analysis, Insights and Forecast, 2016-2027
    • Market Sizing Estimations and Forecasts – By Deployment
      • Cloud
      • On-premise
    • Market Size Estimates and Forecasts – By Enterprise Size
      • SME’s
      • Large Enterprises
    • Market Size Estimates and Forecasts – By Application
      • Marketing
      • Sales
      • Product Development
      • Human Resource
      • Others (Customer Engagement, etc.)
    • Market Size Estimates and Forecasts – By Industry
      • BFSI
      • Retail
      • Government
      • Healthcare
      • Education and Research
      • IT and Telecom
      • Others
    • Market Analysis, Insights and Forecast – By Country
      • Brazil
      • Mexico
      • Rest ff Latin America

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Have a Look at Related Research Insights:

Enterprise Governance, Risk, and Compliance (eGRC) Market Size, Share & COVID-19 Impact Analysis, By Component (Software and Services), By Deployment Model (Cloud-based, On-premise), By Organization Size (Large Enterprises, and Small and Medium Enterprises (SMEs)), By Vertical (BFSI, Healthcare, Government, Energy & Utilities, Manufacturing, Retail & Consumer Goods, Telecom & IT, and Others), and Regional Forecast, 2021-2028

EdTech and Smart Classroom Market Size, Share & COVID-19 Impact Analysis, By Instructional Aids (Smart Classroom, and Mobile Learning), By Smart Classroom Hardware (Interactive Projectors, Interactive whiteboards) By Educational Tools (Admission Automation Tools, Administration Tools, Learning Management Tools), By Technology (Gamification, Analytics, Enterprise Resource Planning (ERP)), By End-User, and Regional Forecast, 2021-2028

Machine Learning (ML) Market Size, Share & COVID-19 Impact Analysis, By Component (Solution, and Services), By Enterprise Size (SMEs, and Large Enterprises), By Deployment (Cloud and On-premise), By Industry (Healthcare, Retail, IT and Telecommunication, BFSI, Automotive and Transportation, Advertising and Media, Manufacturing, and Others), and Regional Forecast, 2021-2028

Vertical Farming Market Size, Share & COVID-19 Impact Analysis, By Type (Hydroponics, Aeroponics and Aquaponics), By Structure (Building-Based Vertical Farm and Shipping-Container Vertical Farm), By Component (Lighting System, Irrigation & Fertigation System, Climate Control, Sensors, and Others), and Regional Forecast, 2021-2028

Internet of Things (IoT) Market Size, Share & COVID-19 Impact Analysis, By Component (Platform, Solution & Services), By End Use Industry (BFSI, Retail, Government, Healthcare, Manufacturing, Agriculture, Sustainable Energy, Transportation, IT & Telecom, Others), and Regional Forecast, 2021-2028

MarTech Interview with Gavin Laugenie, Global Head of Content at dotdigital

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Gavin Laugenie, Global Head of Content at dotdigital shares more on what it takes to boost value in your marketing outlook keeping more than just preferences and trust in mind:

______

Welcome to this MarTech Series chat Gavin, tell us about your journey through the years, we’d love to hear more about your role at dotdigital?

While I fell into the marketing industry a little by accident, I’ve been living and breathing email marketing for around 17 years now, and 12 of those I’ve spent at dotdigital.  When I joined the business, I knew that the platform is – and remains to this day – the easiest and most effective martech solution to use.  For me, this was the most crucial part – by taking away all headaches, our solution allows marketers and ecommerce leaders to focus on their strategies, creativity, and long-term vision, rather than sweating the small stuff. 

In previous roles I’ve worked with an array of businesses across several different sectors and countries to bolster their digital strategy, and now I head up the amazing team that delivers reports, white papers and blogs that the industry and our clients look to for validation and advice. It is this blend of best practice and advice that’s so exciting to be part of, as the content you’re creating is helping retailers and brands optimize their digital engagement with customers and has a tangible impact on a business’ performance.

Working with our network of partners, being a member of the DMA (Digital Marketing Association) email council and hosting our podcast means I keep as up to date as possible on the ever-changing landscape of email and digital marketing innovation.  And it’s that innovation and evolution in digital that keeps me as excited about the industry and the eco system as I was when I first stepped into it.  There are always new technologies, changing regulations and emerging innovations that have made us continue to push the envelope and become more efficient and better marketers.

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Email marketing is still a reliable channel for marketers across industries, with changing trends it is crucial for marketers to pay more attention to certain email marketing practices and analytics to ensure better ROI, what are some top proven tips that you’d share?

The question of ROI ultimately relies on how success is measured.  We’re seeing a move away from some of the traditional yardsticks with which email marketing’s success would have typically been benchmarked against.  

Open rates are the perfect example – in so much as they don’t paint a true picture of engagement, or value, that a shopper has displayed, and when taken in isolation provide little more than a vanity metric for marketers to report on.  

But by combining open rate information with additional metrics, such as page views, first party data, account log-ins, bounce rates, conversion or purchase information, this will all add up to a more comprehensive view of customer engagement and true ROI.

Transparency and honesty also sit centrally to improving marketing performance.  By adopting responsible marketing principals, you can be open about how and for what purpose you’re collecting customer information and can let them know how this will improve their overall experience when interacting with your brand.  By doing so – and not solely relying on opens – you optimize your owned channels and can then use engagement data to inform and enhance the buying journey for the shopper, no matter which channel they choose to shop with you on.

It’s also worth remembering that while email is king when it comes to cross-channel marketing, it’s even more effective when used as part of an omnichannel strategy, backed up with SMS, chat and retargeting. Those who have a strong omnichannel customer engagement strategy reportedly retain an average of 89% of their customers, compared to 33% of those with weak or no omnichannel customer engagement.

How in your view can marketers of today unlock more value from their marketing automation systems? Can you talk about a few top examples of how you’ve seen top brands optimize this.

Automation mustn’t stand still and needs to be constantly adapted and tweaked to be the most effective.  We tell clients that use the platform that they should never ‘set and forget’.  Each campaign will need fine tuning and tweaking so it can perform at its best, and lessons from the campaign can be filtered through so that engagement strategies continually improve.

As the adage goes, ‘imitation is the sincerest form of flattery’, so learn from what your competitors are doing and take inspiration from what the brands you love are doing too, even if they’re not in your industry or sector.

Content is one thing, but design can make the content sing, so make sure the design is optimized to drive through your calls to action (CTAs) and guide shoppers along the buying journey as they navigate their path to purchase.  The same goes for landing pages where data is captured, make sure the user journey is clearly signposted and easy from a user experience perspective.

Don’t be afraid to try new things – being an early adopter of tech can give you first-mover advantage as well as improving customer experience digitally.  In a world where competition has never been fiercer, the smallest of advantages can have huge pay offs. 

As martech becomes more sophisticated, the onus lies on marketers to not only extract value from their technology but also to ensure they have better data management practices, including better permission based marketing practices. What should marketers be doing more of here to draw value? 

Marketers can create an unlimited number of marketing preferences providing infinite opportunities to enrich customer data, by using surveys, forms, and preference centers for example. 

By encouraging shoppers to share as much information as possible, they can craft their own customized journey, and the data can be used to create relevant and targeted segments for further marketing efforts.  By using a combination of zero-party, or explicit, data alongside implicit data, marketers can build up a full picture of the customer, based on their unique digital body language, allowing for even greater personalization, and targeting.  

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Core initiatives marketers can focus on to optimize this and bring in permission-based marketing into their engagement strategies are: 

  • Doubling down on double opt-ins 

Double opt-ins ask the customer to confirm that they want to receive marketing, ensuring that the database is full of engaged contacts.  Following the Apple iOS 15 update, having an automated double opt-in process will ensure subscribers are fully informed about what they’re signing up to receive.

  • Let customers make the first move with live chat or conversational commerce capabilities

Live chat is an essential channel to enforce the connection between the brand and its customers. As a channel, it promotes two-way conversations that can be used to form stronger connections with audiences. Also, like zero-party data, customers have made the first move, so they are in control of the relationship.

  • Think about untapped channels, like SMS

SMS is a marketing channel that has never relied on open rates, now widely considered as merely a vanity metric, to measure success.  With read rates of 98%, its success is undeniable, so brands should be adding SMS to their marketing mix as a necessity. dotdigital enables marketers to use country-specific templates, meaning all the relevant opt-outs for each region are included to ensure SMS campaigns are up and running quickly and responsibly.

Based on all of this, we’d love to dive into one of your recent surveys on the Rise of the Responsible Marketer – can you share the top highlights?

Sure – we did a recent poll of over 2,000 US shoppers in our Rise of the Responsible Marketer report, and it highlighted some key trends around the growing demand for responsible marketing when consumers are engaging with the brands they buy from.

First-up, the issue of trust is now crucial to consumers.  Marketing is about building a relationship with the customer, and that has to be built on trust.  Marketing to consumers only works if they trust you.  And trust in brands has risen to the very top of the agenda, second only to price.  However, our poll showed that three quarters of Americans (75%) felt brands could do more to ensure the safety of their personal data.

Second, trust is not just about reputation, it’s about revenue.  72% of U.S. shoppers would be less likely to buy again from a brand that they felt hadn’t been responsible with their data, while a further 65% would actively discourage family and friends from buying from a brand that had handled their data irresponsibly.  In short: lose your customers’ trust, and prepare to lose your customers. 

Third, shoppers want personalization and privacy. Euromonitor coined the phrase ‘private personalization’ to embrace the paradox of consumers wanting content and communication to be relevant to them and accept that there is a trade-off in sharing data to get this, yet they still want their privacy guarded.  In our research, 40% of Americans said they wouldn’t mind giving up data if it made the online experience more personal.

Embracing these changes – both to consumer demands and to the changing regulatory landscape, from Apple tracking to Google opt-outs and the Digital Services and Digital Markets acts – retailers can ensure compliance naturally fosters trust, which is the key for consumers to share their data with a brand.  If a consumer trusts a brand, then they will be engaged; the value of a relationship nurtured over time will increase engagement and revenue performance.

How will the future of martech and marketing shape up in your view in the light of evolving data and privacy trends? 

The evolving data and privacy trends we’re seeing reflected in the market is putting the role of data stewardship and the need to market to customers responsibly front and center in brands’ customer engagement strategies. 

It is only by building this trust through responsible marketing that retailers can keep customers in a loyalty loop, retaining them and re-engaging them so life-time value is improved and ROI on marketing efforts optimized.  And this becomes even more crucial in the context of cookie-less marketing and new stringent – but well placed – privacy regulation and initiatives.

The explosion of ecommerce, brought about by the Covid pandemic, which has seen record growth in new cohorts of shoppers coming online, is good news for brands, but comes with a number of new challenges around consumer expectations, the capabilities of current technologies, and the limitations of processes built for a more permissive marketing environment. The imperative is for more responsible marketing that will enable brands to meet their regulatory responsibilities as well as reach and sell to consumers more effectively.

That means brands must put data stewardship at the heart of their marketing efforts not only to reassure consumers but to build the long-term meaningful relationships that drive loyalty.

Marketing Technology News: MarTech Interview with Gregory Zakowicz, Director of Content, Omnisend

[vc_tta_tabs][vc_tta_section title=”About dotdigital” tab_id=”1544515685282-bf64247e-9d9aeec0-8908″]

dotdigital empowers marketers to achieve their goals in faster and smarter ways; dotdigital’s easy-to-use Engagement Cloud combines powerful technology with passionate people to deliver an unbeatable service.

[/vc_tta_section][vc_tta_section tab_id=”1544515685339-cf6c9bcd-6b1aeec0-8908″ title=”About Gavin“]

Gavin Laugenie is the Global Head of Content at dotdigital

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Catch more on marketing and sales and martech-salestech best practices with our latest chats on The SalesStar Podcast

Episode 94: Getting Smarter About Your Choice Of Martech And SalesTech: With Yoni Tserruya, Co-Founder & CEO At Lusha

 

Episode 93: How Do You Build An Impactful Customer Success Model: With Daljit Bamford, Tenth Revolution Group

Episode 92: B2B Marketing Learnings And Martech Tips With Jon Perera, CMO At HighSpot

Top Challenges and Concerns with Marketing Attribution

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Marketing Attribution is the process of determining techniques that will contribute to the lead generation and sales of any business. It is a type of analytical science used by marketing and sales teams. With the help of marketing attributes, you can determine whether a particular marketing technique is benefitting your organization and how. During their purchase journey, each customer encounters marketing touchpoints, which are used as markers and KPIs by the marketing and sales teams. Marketing attribution evaluates these touchpoints to determine the success rate of the campaign.

Importance of marketing attribution

The most prominent aim of marketing attribution is to determine which delivery method reached the most  customers and which brought in the most leads. The channels through which the content is delivered are critically examined, and efforts are made to select the best channel. Each organization has different requirements, which calls for the use of different marketing attributions. Some of the major marketing attributions are single touch-first touch attribution, single touch last touch attribution, linear multi-touch attribution, u shaped multi-touch attribution, time decay multi-touch attribution and w shaped multi-touch attribution.

Marketing attribution has its concerns. Some of those present themselves as huge challenges that organizations must overcome. The most prominent concerns of marketing attribution are:

  • The Return On Investment (ROI) determined by Marketing Attribution is far from the real ROI of any business. Marketing Attribution only considers touchpoint conversions while calculating ROI, but there are several more contributing factors in reality. The existing database of the customers and offline sales efforts cannot be accounted for in Marketing attribution, which makes its ROI prediction quite uncertain.
  • Since Marketing Attribution is very selective and limits the channels through which the revenue generation is measured, it becomes difficult to consider certain strategies. The paid search strategy can be effective only if the total marketing efforts are good enough to increase customer interest in the product. But with Marketing Attribution in reign, calculating which strategy bought in how many conversions is cumbersome and unreliable.
  • One can say Marketing Attribution has in-market and correlation-based bias. Due to this, the predictions can be inaccurate. You can use algorithmic and statistical techniques to separate the data and calculate the estimations. But it is not always the case that the results obtained are useful and reliable.

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Top marketing attribution technologies

  • Oktopost

Oktopost promises to incorporate all social data into your CRM and provide visibility into the function of social media in multi-touch attribution. Oktopost, with its particular focus on social media marketing, fills an important gap for many digital firms. It illustrates the importance of social media for lead generation rather than just brand awareness.

  • Neustar

Neustar is in a position to bring information from mobile and offline promoting channels. It’s a good selection for corporations following leads outside of the internet and social media. Neustar’s support team is quite excellent. Its diversity of elements makes it a powerful choice for businesses that need a versatile approach.

  • Kochava

Kochava has a unified audience platform that is capable of tracking your customers across several platforms simultaneously. It provides you with a strong and configurable solution for your marketing attribution. The wide range of features offered by Kochava is appealing to several businesses.

  • Statcounter

Statcounter is a perfect tool for businesses that have low financial allocations for marketing. It is commonly used by small businesses to track the user actions of their customers and later on analyze the collected data. Statcounter is an easy to use technology and has a user-friendly interface.

  • Appsflyer

Appsflyer was designed to track user interactions across mobile apps. The marketing attribution provided by this platform is mobile-centric. It provides usable and information analytics from the gathered data. Appsflyer has a user interface that is very easy to operate.

  • Invoca

Invoca is the most unique of all the marketing attribution technologies available in the market. Almost none of them have the structure to track phone sales. But Invoca can track calls and develop analytics with the help of AI. Since it offers such a unique solution to the users, the market price of Invoca is higher than most.

  • Ruler Analytics

The multi-channel attribution model of Ruler Analytics uses a revenue-driven approach called the “Closed Loop Framework”. You can identify individual customers as you track them, then integrate their data with your analytics and CRM. After the customer completes a purchase, proportional credits are assigned to the channels, keywords and campaigns that played a role in the conversion.

  • Altitude

Altitude offers comprehensive insights into consumer habits, which it achieves by providing a wide range of reporting and attribution modelling customization possibilities. Their internal analytics suites provide a choice of rules-based or machine learning models, and you may contribute your ruleset if necessary.

With various innovations being witnessed in the marketing attribution segment, we can expect some exciting times ahead wherein we can see some more interesting developments.

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tmwi Appoints Steve Hadfield as Managing Director as the Agency Readies Itself for Further Growth

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tmwi appoints Steve Hadfield as Managing Director as the agency readies itself for further growth

Independent media group, Oxidise, has appointed a growth expert to its integrated media agency, tmwi .Steve Hadfield joins as MD from MediaCom, bringing additional traditional media experience to leverage and optimise the datatech solutions that already drive its renowned client growth.

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Hadfield was previously Managing Partner at MediaCom, based out of Birmingham – having spent almost a decade at the advertising agency, initially as Account Director and then Board Director and finally Managing Partner. 

He has been working in media since 2000, and spent a number of years in London with other large media agencies including Carat and MGOMD, primarily within a comms planning role. Skilled in all aspects of advertising, he brings with him a wealth of experience across all forms of media and within many industry sectors. At MediaCom Birmingham, he was part of a senior leadership team that delivered exceptional client growth whilst maintaining strong client relationships over many years.

At tmwi, Steve will work to ensure the vision of the company and its future direction is strategically robust and communicated effectively to all stakeholders both within the business and externally. As an experienced client and agency leader, he will have overall responsibility for the successful development and management of long-standing clients as well as playing a key role in attracting new clients to the agency.

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He comments: “I am delighted to join a truly fantastic agency in twmi. As one of the UK’s leading independent data and tech media agencies, I am thrilled to be joining them as MD and playing my part in its continuing success story. I am already a passionate advocate of the agency – of the people and the work produced for our clients that is delivering transformational growth. Tmwi feels like a natural home for me in that we share the same belief that to unlock our clients’ growth potential we need to be doing so through using data, tech and content, within an integrated media solution.”

Group CEO, Chris Phillips, adds: “Steve has been brought in specifically to build upon the client-focussed approach that delivers success for the client tmwi partnership model. He will help lead, inspire and motivate all of us within the agency to ensure that, working together with clients, we are at our strongest.”

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MYMEDIA Digital Rebrands into RFOX MEDIA in Myanmar Following RedFOX Labs Acquisition

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MYMEDIA Digital Rebrands into RFOX MEDIA in Myanmar Following RedFOX Labs Acquisition

MYMEDIA Digital, the largest digital marketing platform in Myanmar, has rebranded into RFOX MEDIA, the new media venture that acts as the brand and marketing division for the blockchain-driven ecosystem created by Southeast Asia-based venture builder RedFOX Labs. The rebrand follows RedFOX Labs’ acquisition of MYMEDIA in February 2021.

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The new RFOX MEDIA venture strengthens MYMEDIA’s market-leading platform, which connects consumers directly to brands and influencers across food, fashion, sport, and entertainment. Advertisers that have worked with MYMEDIA include global brands such as Samsung, Huawei, Nestle, Lenovo, Grab, Oppo, Realme, VIVO, and GrandRoyal. The MYMEDIA Facebook page, which also reflects the rebrand to RFOX MEDIA, together with all social media channels and websites, have 13 million followers and 40-million-page impressions, driven by 20 million minutes of viewed video footage per month and other content that extends its reach to 30 million users per month.

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Digital media marketing leader in Myanmar and Southeast Asia

As part of the rebranding and further integration within the RFOX ecosystem, RFOX MEDIA has launched a new dual-language website in Burmese and English, reflecting both its status as the digital marketing leader in Myanmar and its next phase of growth into different parts of the world, with an initial focus on Southeast Asia as a fast-growing regional hub. The expansion plans for RFOX MEDIA will drive further growth to the already-impressive social media metrics that it has gained in just one country so far.

Partnerships for games, e-commerce, digital finance and more

Amid projected international growth, RFOX MEDIA continues its work of maintaining market leadership in Myanmar by leveraging many products and services from the RFOX ecosystem. Earlier this month, RFOX MEDIA introduced RFOX Run, an upcoming jump-and-run casual game in Myanmar that will debut a new gaming rewards model called Play-to-Eat, an innovation on the increasingly popular Play-to-Earn model. Through Play-to-Eat, all winning players from Myanmar can soon get free food vouchers that they can redeem on foodpanda, the leading food delivery service in Myanmar.

Expect more innovations of this nature as RFOX MEDIA helps expand the utility of the RFOX token through partnerships for games, e-commerce, digital finance, and more industries, as well as through new solutions like the upcoming RFOX TV streaming service.

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