There are
benefits associated with automation of marketing by streamlining project
management. The question can be asked, as to the benefits in using marketing
automation over other management strategies. These can be broken down into
benefits and how to apply into project management to achieve results.
Real-time
Implementation and strategic planning
Data
collection can be very time consuming when planning how a project should
proceed, and the steps to success. It can take weeks, even months to collate
the information. This has been made easier with the introduction of marketing
automation, as collection can be made in real time.
When
real-time information is readily available, plans can be made easily and changed
to match the result. The outcome, planning and implementation cycles become
shorter.
This permits
strategic planning based on actual sales instead of customer perception and
market estimations. This enables unsuccessful strategies to be modified as early
as possible.
Real time
information can be beneficial to both small and large business, as it allows adaption
of the market and determines the niche where maximum revenue and minimize costs
can be achieved. If and when sudden changes in the market place occur, it may
not be as disastrous, because information is collected in real-time.
Targeting
and Lead Scoring
Tasks can be
simplified within the expansion of a business towards new markets. This relates
to targeting new markets and using lead scoring which can be aided by marketing
automation. Instead of real-time information, the purpose of using automation
is to be able to handle different sets of data at once to create an overview of
the market’s readiness for the product.
Wider
coverage can be easily handled with the use of marketing automation for lead scoring.
Automation also collects more accurate data without consuming too much time.
Instead of manually collecting data, the available time could now be spent for
analysing opportunities and creating marketing campaigns. The use of automation
definitely is an upgrade in this case because of how it streamlines the whole
process.
It may seem
that larger companies are the biggest beneficiary of such technology, smaller
businesses can benefit as well. By performing tasks that require a lot of teams
to previously complete. By spending for marketing automation, small businesses
have acquired a comparative advantage that would usually require paying for a
few regular employees glued on the task.
Team
Integration
Project
management streamlining is an advantage and benefit of market automation. Because
it allows different sets of information to be collected and handled
automatically, the different teams are freed from menial tasks and are able to
collaborate towards planning and implementing strategies and campaigns.
The
integration happens through the automation’s capacity to generate reports
instantly. Different sets of data can be cross-referenced with each other to
produce results that can help departments decide. There is no longer the need
to send a long paper trail of documents between and among departments. The
automation does the work for everyone.
The system
can also be automated to send the generated reports to a list of emails.
Updates can be made at any chosen interval, whether it is daily, weekly, or
monthly. All that needs to be done is to make sense of the available reports
and use the data to come up with clever strategies that can bring in sales and
revenue.
The Impact on Smaller Businesses
The beneficiaries
are those who belong to a small business, whether it’s a personal online store
or a recently-started business. Marketing automation may continue to develop
and be able to do all the simple work done by employees in companies. What’s
left is for the business owners to do what automation cannot: to create plans
and be creative in developing campaigns.
Conclusion
The
popularity of marketing automation is expected to remain, because of the
efficiency it brings into businesses, regardless of size. Its strength is that
it could do the menial tasks all by itself and do it with less time required
compared to doing these tasks manually.
Its added
value is the ability to bring accessibility and comfort to marketers since the
amount of repetitive tasks is reduced. The flexibility that marketing
automation provides project management is a definite for companies looking to
cut costs and reduce the time spent on different projects.
Marketing
automation should always be a serious consideration. These are just some of the
ways on how marketing automation is currently being used. Over time, other
tasks will soon incorporate this technology to create productivity and
efficiency.
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