Good morning, Marketer, and RPA isn’t a magic wand. The news below about Salesforce’s acquisition of a Robotic Process Automation provider had me thinking back to the days when people were talking about an RPA bubble bursting. Around 2017 or 2018 there was enthusiasm for RPA as a core factor in digital transformation. Software robots, it was thought, could take over digital processes and execute them tirelessly and at speed. One vendor known for its RPA offering back then was Pega, and with the kind of disruptive contrariness which makes him one of the more engaging CEOs in the industry, Alan Trefler headed to LinkedIn to explain why robots were not the magic solution to the challenge of transforming business processes (including marketing and sales) in response to the digital environment. Robots, he said, are well-suited to performing tasks, not running complex processes. In fact, “RPA can’t fix bad processes – it just speeds them up.” Effective use of RPA requires a complete thinking through of business processes and the identification of repetitive tasks within those processes which can be automated to everyone’s benefit. Yes, the same familiar story: figure out what you’re trying to solve comes first; the technology comes second. Kim Davis Editorial Director | |
| Management | | | Why Kanban is more than a visualization board | In her latest look at the world of agile marketing, agile coach Stacey Ackerman explains why Kanban is not just a pretty way to visualize workflows. It’s a mindset which agile teams need to come to terms with. “Kanban is really tricky for most people to get their heads around because it’s so much more about culture than process,” she writes. “To understand the cultural aspect of Kanban, we have to remove ourselves from thinking about a project and think of it instead as a practice.” The practice itself needs to undergo evolutionary change. If teams continue to work as they always have, they’re not going to see improvements in workflows and cycle times. And teams need to be empowered to make these changes. One way to start is to take a workflow with a longer cycle than desired and break it down into component parts, assigning times to each stage of the process. This will often reveal the bottlenecks which are slowing it down. Once identified, they can be addressed. “Kanban is a great technique to use in agile marketing, but make sure that you have a culture that allows the team to own the way they work and continuously improve.” Read more here. | |
| | 3 methods to improve onsite search | A better customer experience directly affects the success of your business: increasing sales, improving revenue, and ensuring high-value, repeat business. But did you know, the onsite search function – where customers search your site for terms, products, or services – plays a significant role in customer experience? Onsite search directly impacts customer engagement, conversion, loyalty, and revenue. There are three main ways that your business can improve onsite search, eliminate irrelevant results, and improve the accuracy and utility of onsite search. Read More » | |
| ABM | | | There’s room for ABM to grow as a strategy | Shifting from a reactive to proactive marketing approach is working well for many B2B companies. Marketers report account-based marketing (ABM) yields multiple important benefits, the Forrester SiriusDecisions 2019 State of Account-Based Marketing Study found, with 99% of those surveyed citing better engagement, 80% saying the practice improved their win rate, 73% reporting a higher deal size and 91% indicating they’d seen improved ROI. Yet, few companies have fully integrated ABM within their operations. Just 13% of companies are at the highest level of adoption, ITSMA and the ABM Leadership Alliance found, while others are expanding their account coverage (20%), experimenting and refining their approach (38%) or planning an ABM strategy (29%). This means there’s still plenty of room for growth for ABM as a strategy, though the organizations’ survey indicated that 27% of respondents’ marketing budgets were already dedicated to ABM. Learn more about ABM and the tools that enable the approach. | |
| | Great customer experiences begin with customer journey analytics tools | Great customer experiences are easier to imagine than to actually understand and deliver, which is why tools that help marketers analyze the customer journey are finding a spot in businesses’ technology stacks. MarTech’s all new “Enterprise Customer Journey Analytics Tools: A Marketer’s Guide” report examines the market for customer journey analytics (CJA) and what you should expect when implementing this software into your business. This report looks at why companies adopt CJA software and describes the key elements of successful CJA strategies and the capabilities CJA tools provide. Learn more » | |
| Operations | | | Salesforce makes Robotic Process Automation acquisition | Salesforce has entered an agreement to acquire Germany-based Robotic Process Automation (RPA) provider ServiceTrace. ServiceTrace will become part of Mulesoft, the integration platform Salesforce acquired in 2018. RPA enables the creation of software-based (virtual) robots that can perform a range of digital tasks, especially the kind of routine and repetitive tasks, thereby freeing up human employee time. The aim is to add automation to Mulesoft’s API management and integration capabilities, thus increasing its speed and efficiency. Why we care. RPA has been a slowly developing category. Among the enterprise customer experience vendors, Pega has perhaps placed the most emphasis on RPA as a key capability, having deployed it in its original BPM offering. Earlier this year, however, SAP made a move into the space with its acquisition of another German RPA provider Signavio. Adobe has RPA capabilities, as does Oracle through a partnership with UIPath. This acquisition by Salesforce can only shine a brighter light on it. | |
| Management | | | Salesforce makes Robotic Process Automation acquisition | Salesforce has entered an agreement to acquire Germany-based Robotic Process Automation (RPA) provider ServiceTrace. ServiceTrace will become part of Mulesoft, the integration platform Salesforce acquired in 2018. RPA enables the creation of software-based (virtual) robots that can perform a range of digital tasks, especially the kind of routine and repetitive tasks, thereby freeing up human employee time. The aim is to add automation to Mulesoft’s API management and integration capabilities, thus increasing its speed and efficiency. Why we care. RPA has been a slowly developing category. Among the enterprise customer experience vendors, Pega has perhaps placed the most emphasis on RPA as a key capability, having deployed it in its original BPM offering. Earlier this year, however, SAP made a move into the space with its acquisition of another German RPA provider Signavio. Adobe has RPA capabilities, as does Oracle through a partnership with UIPath. This acquisition by Salesforce can only shine a brighter light on it. | |
| | Learn how marketing technology can help you overcome critical data challenges | Join thousands of senior marketers online — September 14-15 — at MarTech. This two-day training experience will equip you with actionable tactics and proven strategies for improving the collection, storage, management and activation of data. Register for free » | |
| Management | | | Media planning breakdown: Marketoon of the Week | | Why we care. A marketer’s media spend should follow the audience’s behavior. If more of the target market is streaming or watching ad-supported OTT programming, then the brand should commit a higher percentage of the budget to that. That said, one of the biggest stories we’re watching is how so-called “traditional” media are transforming digitally on the backend. This makes the planning more data-driven, regardless of whether or not the ad is seen through a digital channel. For instance, the digital transformation of out-of-home provides marketers with better measurement, not to mention access to more premium inventory through programmatic. | |
| Quote of the day | | | | “If business is a family, then marketing and sales are siblings forced to share the same bedroom. Both think the other one is always invading their space.” Mark Hunter, author and consultant | |
|
|