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What is MarTech? The future of marketing in business!

MarTech are businesses that use Marketing aligned with technology to plan, execute and measure any type of marketing strategy.
MarTech describes a range of software and tools that help achieve marketing goals or objectives. MarTechs have become a staple in digital marketing campaigns today, but they can also be used to optimize marketing efforts in any marketing channel.

It's a fact: tools that help MarTechs are becoming an increasingly important term for companies. But after all, What is MarTech? What's so great and why is it so important for business?

That's what we're going to show you in this article!

What is MarTech?

MarTech is the combination of the words “Marketing” and “Technology”. It has recently been used to distinguish digital marketing agencies and companies that apply technological resources and marketing concepts in their routines. digital transformation.

These professionals use technology to automate many of the time-consuming and repetitive tasks that machines are good at, freeing up more of marketers' time to focus on the creative and strategic sides of their profession.

Thus, the marketing technology It can address one or more layers of marketing activities, such as aggregating and cleaning customer data, analyzing data, generating insights, customer segmentation and targeting, executing customer communications, and automatically optimizing recurring marketing campaigns.
Na Bytebio, we combine Marketing & Technology!

What is the difference between Digital Marketing and MarTech?

O Digital Marketing is related to content strategy and channel management, such as: social networks, blogs, display media campaigns, paid or organic search...
The basis and control is through the construction and availability of online content, and its measurement through measurement tools. digital analytics.

Already MarTech is related to use of technology to ensure that Digital Marketing content reaches its highest level of performance. In this way, it is executed with the help of: real-time personalization, connection to multiple data sources, integration with multiple tools that carry out campaign orchestration, artificial intelligence and learning tools to empower analysis.
Relationship between Marketing and MarTech
Marketing and MarTech | Bytebio
Marketing is assisted by MarTech.
Marketing and MarTech | Bytebio
MarTech is sausage in Marketing.
Marketing and MarTech | Bytebio
MarTech is absorbed
by Marketing.
Marketing and MarTech | Bytebio
Marketing is Dominated by MarTech.

And Adtechs?

Adtech is another term that ends up causing some confusion, despite the similarities they are completely different business models.

MarTech is aimed at a more global plan of marketing actions. Meanwhile, Adtechs (advertising and technology) focus on optimizing advertising tasks, being more limited to the performance of ads and campaigns. MarTechs offer a broader vision, without being restricted, for example, to the reach of a campaign.

To bring a high level of performance to your campaigns, it is essential to use these marketing technologiesIn the long term, the benefits are even greater for those who want to make better use of their marketing budget.

What are the characteristics of a MarTech?

Check out some common characteristics of these professionals or agencies that operate in this segment:
  • Aptitude in Marketing Automation

    This is, without a doubt, one of the most common characteristics of MarTechs. MarTechs offer a solution based on Marketing Automation, enabling work on a larger scale and without losing efficiency and precision. While tools reduce manual work, your team can focus on more strategic tasks that further differentiate your business.

  • Sales Funnel Management
    Carry out management of the Sales Funnel can automate this process, making it possible to accurately track the user's entire journey until they are converted. With the help of MarTech, all of this is done automatically, providing the most relevant insights and information so that the lead is converted into a customer.
  • Ability to relate to customers

    The solutions of a CRM platform become so useful, optimizing all functions related to controlling this contact. These platforms offer a broader view of the market, allowing closer control of each lead or potential customer. Furthermore, it brings your business even closer to customers, the tendency is for your brand to achieve increasingly better performance.

  • Data Analysis Skills
    From solutions from Analytical Marketing It is possible to monitor every operational detail of your marketing plan, increasing the chances of success. Understanding these needs makes it easier to stand out.

    This is an increasingly important feature, providing relevant data to find ways to increase productivity.

The importance of using MarTech

In many businesses, there is a silo effect in which different departments, such as sales, customer service and marketing, have limited views of customer interactions and access to only selected data.

By not having a holistic view, it is difficult for all departments to work towards common corporate goals and provide a cohesive, optimal customer experience.

In this context, a company MarTech can bridge these divides by offering a common, centralized platform to keep data in one place and give all departments a view of not just the various pieces of the marketing puzzle, but from the overview of the big picture.

By integrating MarTech with other platforms and important systems Commonly used in business, marketing teams can understand customer interactions at every touchpoint.

Insights derived from this data will enable marketers to pivot and address areas that need improvements or change the strategy to better engage customers throughout their journey.

MarTech for lead acquisition and management

The lead generation process requires a series of techniques. They go through SEO, content marketing, social media, paid media, inbound marketing, email marketing, automation flow and many others...

In the case of teams from companies that do not have a dedicated digital marketing team, or work with a very lean team, There are several tools that professionals in the MarTech area use to facilitate and accelerate the acquisition of leads.. In the case of more robust companies, there are also a multitude of tools to optimize the process.

To understand which tools your business needs to start or improve a lead acquisition strategy, you need to evaluate several points. Budget and available resources, of course, is the first of them.

Remember that Most tools don't do the work for you. They simply facilitate and optimize the process, leveraging results quickly. Therefore, you will need to have at least one person on your team dedicated to managing, monitoring or feeding the contracted tool.

MarTech for sales management and customer loyalty

There are several tools and solutions that help you manage and interact with your customers.

Tools like CRM, online support, onboarding and many others can help your sales. They help reduce the sales cycle, make your sales team's work easier, increase the average ticket and up-selling or cross-selling.
Use the tools and technology to your advantage, discover our Web Technologies Consulting:

What are the benefits of MarTech?

The solutions of Martech allow companies to optimize their marketing campaigns, improving efficiency and results. Here are some of the main benefits of implementing martech
  • Data analysis and insights:
    Using analytical tools, companies can collect, analyze and interpret large volumes of data to make informed decisions, measure campaign performance and optimize future strategies.
  • marketing automation:
    Automating repetitive tasks like emails, social media posts, and ad campaigns saves time and resources, allowing marketing teams to focus on more complex content creation and strategies.
  • Customer Relationship Management (CRM):
    The use of CRM platforms helps manage interactions with customers and potential customers, improving engagement, loyalty and, consequently, sales.
  • Customization:
    Marketing technology enables large-scale personalization, allowing companies to create unique experiences for their customers based on their behaviors, preferences, and demographics.
  • Reach and scale:
    Martech enables companies to expand their reach at a relatively low cost, using digital platforms to reach global audiences.
  • Channel Integration:
    Facilitates integration and coordination between different marketing channels (online and offline), providing a cohesive brand experience and improving the customer journey.
  • Innovation and competitiveness:
    The adoption of new marketing technologies can offer competitive advantages, allowing companies to stand out in the market with innovations in their products, services and communications.
  • Operational efficiency:
    Martech can improve operational efficiency, reducing costs and increasing the return on investment (ROI) of marketing campaigns.
  • Continuous improvement:
    With real-time feedback and access to detailed analytics, companies can quickly iterate and make adjustments to their strategies to continually improve performance.
  • customer engagement:
    Technologies like AI and machine learning can help create more engaging and interactive experiences for customers, increasing engagement and satisfaction.
This article may interest you "What is Analytical Marketing, how to apply it and its benefits"?

Some tools used

Check out some of the main tools in this segment, what they do and how they can enhance your results:

Bitrix24

When it comes to customer relationship management, better known as CRM, the Bitrix24 is the first name to come to our mind.

A complete platform that offers a range of resources and integrations, such as: CRM, Contact Center, Tasks & Projects, Communication and Websites, to make your work and management even simpler, and everything in one place.

With the exponential growth of data and the recent introduction of General Law of Data Protection - LGDP, require businesses to establish an efficient and secure CRM platform, which allows data to be provided democratically to support process knowledge and customer relationships.
Bitrix24 hardware Martech | Bytebio

SendPulse

Most consumers today seek to communicate with companies via email. But imagine if you and your team needed to do all the work of managing this channel manually. It would probably be unfeasible and there would be little time left to take care of other tasks.


This is why SendPulse is so used in the industry. Configuring the layout of emails, segmenting the contact list, automating triggers and, of course, accessing the most relevant indicators and metrics.


Everything about the performance of your email marketing actions can be monitored by the tool. In a simple and intuitive way, it is very easy to start a campaign on the platform, but always efficiently.

chatbot

Chatbots are essentially designed to improve the customer experience by automating sales and customer support.

As far as the pros and cons of chatbot, bots are always available to engage and assist customers, answering your simple questions and pre-qualifying leads — which is very positive for building a solid and relevant consumer base.

Generally speaking, chatbots can engage customers on websites, apps, and messaging integration apps like Facebook Messenger or WhatsApp Business, for example.

SemRush

SEMrush brings several benefits that can greatly assist in a marketing strategy. SEO, As: keyword research analysis, details about organic positioning e Competition Analysis at different levels are the main ones, among other functionalities.


Furthermore, it has the great advantage of bringing together diverse information in easy-to-navigate panels and the possibility of linking different projects in the same account. Therefore, if possible, this investment can be extremely useful for your business.

Na Bytebio, we combine Marketing & Technology!

The race for professionals prepared in MarTech

For marketing technologies to bring results to your business, you need to have professionals specialized in MarTech, who have a marketing culture data-driven and who know how to extract maximum value from data.

Many businesses go through long and painful projects to implement marketing platforms and many of them have been frustrated with the financial returns obtained. Recent studies indicate that the increase in marketing automation solutions has not exceeded 1 to 2% in sales conversion, which naturally does not justify the millions invested. It is important to highlight that these same companies are only using the basic requirements, without benefiting from the more advanced segmentation and multichannel journey building resources.

Tools are just tools without an experienced professional with solid knowledge about the business and the best marketing and sales technology strategy that will allow the correct use of all technical resources. The tool can do incredible things, as long as it has “a good pilot”.

Among all the uncertainties we face as marketing professionals, at least one thing is certain: the race for technology-driven marketing will be won by whoever can have the most prepared professionals who know how to manage the best tools.

The impact of AI on MarTech strategies

Artificial intelligence has become an essential element in developing business strategies. Martech. Its applications range from large-scale data analysis to personalizing customer experiences, representing a true revolution in the way companies approach their audiences.

AI enables audience segmentation and message personalization at a level never seen before. Machine learning algorithms analyze consumer behavior patterns to create highly personalized content and offers. Additionally, the ability to predict future trends and behaviors based on historical data enhances strategic decision making.

One of the great advantages of AI in MarTech is the real-time optimization of campaigns. The technology not only recommends adjustments to media strategies, but also analyzes campaign performance, identifying the best channels and formats for each target audience.

With the rise of AI, the role of marketers is transforming. The ability to interpret and apply AI-generated insights is now as important as traditional creativity. Marketers who combine technical expertise with creativity are becoming key players in the MarTech landscape.

AI will continue to be a driving force for innovation in the MarTech space. As technology continues to advance, we expect to see greater integration of AI into marketing strategies, from product development to customer experience, shaping a future where personalization and efficiency are the keys to success.

Top MarTech Predictions

Marketing technology, or MarTech, has been evolving rapidly, significantly shaping the way companies connect with their customers.

As we enter 2024, several predictions point to key trends and developments that should be considered by professionals in the field.
  • 1
    Responsible marketing: a growing priority
    Currently, the practice of responsible marketing is gaining prominence. With economic uncertainty, the rise of digital consumers and the deluge of customer data, marketing organizations are focusing more than ever on responsible data use, ethical practices and protecting vulnerable audiences.
  • 2
    Compliance and data governance
    With the deprecation of cookies and new privacy and data regulations, brands are reevaluating their data governance and security practices. The year 2024 will see an increased focus on compliance, forcing companies to rigorously review their data processes.
  • 3
    Generative AI and productivity in marketing
    Generative AI like ChatGPT promises to transform marketing productivity. Marketers are expected to utilize AI-based assistants to automate repetitive tasks, improve data analysis, and streamline campaigns.
  • 4
    Integration of technologies in MarTech
    CMOs are increasingly focused on integrating point solutions into unified MarTech platforms to improve technical agility and marketing ROI.
  • 5
    AI-Powered Conversational Marketing
    The demand for immediate responses and interactions from consumers drives conversational marketing. Virtual assistants, evolving beyond customer support chatbots, will be instrumental in guiding and personalizing the customer journey in real time.
  • 6
    Hyperpersonalization as a brand differentiator
    The era of generic campaigns is ending. Hyper-personalization, aided by AI and first-party data, becomes a crucial differentiator, increasing the likelihood of customer loyalty and return.
MarTech forecasts point to significant ongoing transformations, with a greater focus on responsible marketing, technology integration, generative AI, and personalization. As technology evolves, marketers need to adapt quickly to stay relevant and effective.

MarTech = Bytebio

A Bytebio is a specialist in technology, implementation and strategy to ensure everything goes smoothly for your marketing strategy.

We join forces with your Marketing team so that everyone can make the most of MarTech.

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