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Marketing Automation (Benefits (Improved marketing intelligence, Improved…
Marketing Automation
Benefits
Improved marketing intelligence
Improved customer experience.
Enhanced responsiveness
Improved customer engagement
Improved accountability for marketing expenditure.
More effective marketing (closed loop marketing (plan do measure learn cycle )
Greater marketing productivity.
Software in MA
Digital and online marketing
Keyword marketing
the practice of generating website traffic from Internet users who have
entered keywords (search terms) into search engines such as Google
Search engine optimization
the practice of improving the quantity and
quality of website traffic generated by search engines
Content management
allow marketers to manage digital content throughout its
lifecycle, including creation, editing, approval, storage, publishing, versioning (updating) and
deletion
Social media marketing
the practice of using social media for customer
management purposes.
Online marketing
the process of creating value by building and maintaining
online customer relationships
Digital analytics
explore data generated by customer behaviour in interactive channels
including online, mobile and social media.
Building block terms: page, page view, visit/session, unique visitor, new visitor, repeat
visitor, return visitor
Visit characterization terms: entry page, landing page, exit page, visit duration, referrer,
internal referrer, external referrer, search referrer, visit referrer, original referrer, clickthrough, click-through rate/ratio, page views per visit
Content characterization terms: page exit ratio, single-page visit, single-page view visits
(bounces), bounce rate.
Conversion metrics terms: event, conversion
Strategic and other marketing
Integrated marketing management (IMM)
offer wide-ranging functionality to
support large organizations with 50 or more marketing practitioners
the marketing strategy, process automation and technologies required to integrate
people, processes, campaigns, channels, resources and technologies across
the marketing ecosystem.
IMM supports closed-loop marketing by integrating
operational, executional and analytical marketing processes
Marketing performance management (MPM)
enables companies to measure their
marketing performance though analysis and reports, and improve outcomes over time
through closed-loop marketing.
MPM helps management assess the effectiveness and the efficiency of marketing
strategies and tactics
Marketing resource management
consist of a range of automated tools that
enable marketers to manage their marketing processes and assets more effectively, and to
work at greater speed and with improved control.
Loyalty management
Partner marketing solutions
Market segmentation
Customer segmentation and selection
Product lifecycle management
Asset management
Document management
Marketing analytics
Workflow development
Marketing campaigns
Campaign management
technology-enabled application of data-driven
strategies to select customers or prospects for customized communications and
offers that vary at every stage of the customer lifecycle and buyer readiness
Personalization
Execution
Segmentation and targeting
Measurement
Workflow
Modeling
Reporting
Multi Channel Campaign Management (MCCM)
enable companies to construct and communicate offers to individual customers or customer segments across multi-channel environments
Direct mail campaign management
Applications: lead generation, lead nurturing, building awareness,
sales, customer service, customer retention, database building or reputation enhancement
Drivers:list quality, the creative execution, the offer
and the timing.
a specific form of campaign management in which the
communication medium is direct mail
Email campaign management
a specific form of campaign management in which the
communication medium is email
Open and click-through rates = Click to open rate
Event-based marketing
occurs when an event triggers a
communication or offer
Trigger marketing
the practice of responding to some event in a way that is designed to
achieve some marketing goal such as make a sale, identify a cross-sell opportunity, prevent
negative word-of-mouth or promote positive word-of-mouth
Marketing optimization
Marketing
optimization provides a mathematics-based solution to maximum sales or contribution to profit.
Telemarketing
the use of the telephone to identify and qualify prospects, and
to sell and service the needs of customers.
inbound (calls from customers) and outbound (calls to
customers)
Lead generation
Marketers can deploy email, direct mail
and telemarketing campaigns, events, seminars, webinars and other tactics to generate the
leads.
application of computerized technologies to support
marketers and marketing management in the achievement of their work-related
objectives.