Tuesday, July 31, 2012

Analysis on Marketo

CRM Market Overview
  1. Worldwide $10.6 billion CRM revenue in 2010 à $16.7 billion CRM revenue in 2015, CAGR 9.5%
  2. CRM Market: Sales 43%, Marketing Management 24%, Customer Service & Support 32%
  3. By 2015, 33% of new CRM spend will be SaaS
  4. Marketing Management
    • Executional Processes (MCCM): analyze customer data, segment customers, target communications to customers or partners across multiple channels
    • Operational Processes (MRM): support internal marketing operations and management of resources (budgets, projects, HR, content/assets)
    • Analytical Processes (MPM): Planning, optimizing outcomes and measuring performance
  5. By 2014, companies that implement/execute marketing management will achieve 50% higher ROMI
  6. Two ongoing Customer initiatives – 1) Closed loop marketing process and 2) Marketing and sales alignment
  7. Growth in ecommerce, web analytics, CRM deployments in mobility solutions, customer loyalty management to improve cross-sell/upsell opportunities
 Key Trends of Marketing Management
  1. Customer decision framework for selecting marketing platform
    • TCO(capex, opex)
    • Ease of use
    • Maintenance demands
    • Desired functionality
  2. SMBs and B2B companies leveraging SaaS offerings from single vendor
  3. Larger organizations may require multiple vendors in hybrid model
  4. M&A and partnerships affecting competitive landscape
Marketo solutions for Marketing & Sales
Marketo Lead Management - marketing automation
Marketo Sales Insight - sales lead management
Marketo Revenue Cycle Analytics – ROI analysis
Marketo Social Marketing – social campaigns and viral promotions
Competitive landscape
  1. CRM lead management
    • Eloqua – Strong product functionality, User satisfaction, AppCloud
    • IBM (Unica) – Strong financial backing, breadth and scalability
    • Microsoft Dynamics CRM – Relative simplicity, support for user-defined workflows
    • Oracle Siebel – Breadth of functionality, existing ecosystem
    • SAP – Integrated with SAP CRM, Hana accelerator for large data sets
    • Pardot, Silverpop – other players dropped from Gartner Magic Quadrant this year due to increase in minimum revenue level criteria from Gartner
  1. Integrated Marketing Management
    • Neolane – Support salesforce.com, MS Dynamics CRM, Oracle on Demand, Easy UI and campaign customization
  2. MRM - On-premise/hosted/SaaS deployment models
    • IBM(Unica), SAS, Teradata(Aprimo), Brandmaker, Orbis Global, SAP,  Adnovate, MarketingPilot Software