How to decide if you should get a marketing performance management platform

9 months ago 43

A marketing show management (MPM) level employs statistical modeling and instrumentality learning to holistically measure the show of a company’s selling initiatives connected bottom-line impact. It helps marketers allocate aboriginal walk and bring it successful enactment with concern goals.

Dig deeper: What is selling show absorption and however tin it assistance you


Use the pursuing questions to determine if 1 would enactment for you.

  1. Does the level acceptable with our existent processes, oregon would we request to alteration them? In immoderate cases, it mightiness beryllium worthy changing your workflow to instrumentality vantage of a level but, successful others, that alteration volition make much problems than it solves. Ideally, you privation to find a level that tin beryllium easy adapted to the mode your employees are accustomed to getting tasks accomplished. Doing this volition besides fto them larn to usage it faster, arsenic their familiarity with the process volition marque the level much intuitive.
  2. How bash our employees negociate their ain productivity? The radical fulfilling the functions wrong an enactment person their ain ways of moving to execute their objectives. Some whitethorn usage the Pomodoro method to maximize productivity, portion others mightiness subscribe to the GTD (Getting Things Done) philosophy. Knowing however your employees enactment champion volition assistance you find the champion level to adopt.
  3. Do we person C-level buy-in? Marketing enactment absorption platforms tin service arsenic the instauration of an enterprise’s activities, and immoderate objectives — cross-departmental coordination, for illustration — are much easy reached if a level has enforcement enactment and is adopted companywide.
  4. What systems indispensable the selling enactment absorption level integrate with? Many companies person beardown commitments to existing tools similar an bureau suite (Google Workspace oregon Microsoft Office), a CRM oregon a originative editing level oregon a integer plus absorption system. Which integrations are must-haves, and which are nice-to-haves?
  5. Do we person the close method resources? If you find a level that works good for you but doesn’t person an out-of-the-box integration that you require, tin you dedicate the improvement resources to creating a connection?
  6. Can we put successful unit grooming and amended extracurricular stakeholders, arsenic well? It is captious to bid each employees who volition beryllium utilizing the platform, ensuring they are educated connected it and cognize what is expected of them erstwhile they delegate oregon are assigned a task. If you volition beryllium utilizing the level to prosecute with extracurricular entities — clients, contractors and the similar — you volition besides request to familiarize them with it.
  7. Have we established KPIs and enactment a strategy successful spot for tracking, measuring and reporting results? If you’re justifying the concern successful a level by however it achieves the desired results, guarantee you person ways to comparison the earlier and after, truthful you cognize whether you are getting a bully ROI. For example, are you experiencing less snags successful producing deliverables? Do clients inquire less questions astir the presumption of a run due to the fact that they’re capable to get the accusation themselves done the tool?
  8. Do we person realistic expectations? Installing a selling enactment absorption level won’t instantly get your operations organized. It takes clip to customize a instrumentality for your needs, for employees to beryllium trained and go acquainted with the platform, and for projects to get disconnected the ground.

Download the MarTech Intelligence Report: Enterprise Marketing Performance Management Platforms: A Marketer’s Guide

Implementing an MPM level has implications for each facet of your selling operations and concern arsenic a whole. To measure the suitability of an MPM for your organization, bash a broad appraisal of concern needs, unit capabilities, absorption enactment and fiscal resources. Considering the pursuing questions:

MPMs’ capabilities marque them precise charismatic to marketers. However, their disbursal and the further resources needed to run them indispensable beryllium weighed cautiously erstwhile considering one. You besides indispensable to measure whether your enactment needs everything an MPM level tin do. If it doesn’t, look for little costly solutions to adhd to your existing stack. Finally, is your institution susceptible of getting the astir retired of specified a system? Do you person the unit and organizational alignment this volition take?


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About the author

Pamela Parker

Pamela Parker is Research Director astatine Third Door Media's Content Studio, wherever she produces MarTech Intelligence Reports and different in-depth contented for integer marketers successful conjunction with Search Engine Land and MarTech. Prior to taking connected this relation astatine TDM, she served arsenic Content Manager, Senior Editor and Executive Features Editor. Parker is simply a well-respected authorization connected integer marketing, having reported and written connected the taxable since its beginning. She's a erstwhile managing exertion of ClickZ and has besides worked connected the concern broadside helping autarkic publishers monetize their sites astatine Federated Media Publishing. Parker earned a master's grade successful journalism from Columbia University.


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