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THE MARTECH MATURITY
MODEL™
December 2016 Update
Josh Hill
MarketingRockstarGuides.com
Why are many martech stacks and implementations seen
as failures?
High Expectations
“It will align us and increase revenue! Just turn it on!”
CMO and CIO treat it like an IT Project
It is not.
Not using all the features.
Staff is untrained
Staff isn’t on board with the system’s concepts
Systems aren’t integrated
Teams not aligned on the business process
(Strategy!)
Business growth stage
Is this really the right system now and in the next year?
In just one year, full use of stack up to 54%...?
© 2016 Josh Hill marketingrockstarguides.com Source: Ascend2 Marketing Technology Survey Aug 2015, Oct 2016
More revenue and more leads are still the priorities for
marketers
Source: Ascend2 Marketing Technology Survey Aug 2015, Oct 2016© 2016 Josh Hill marketingrockstarguides.com
• 2016 did not ask all the
same questions.
• Marketing efficiency
actually less important
now, while Revenue and
Lead Gen even more
important than last year.
LeadMD in 2016 show 4% have
Predictive. Ascend2 2015 said 13%
thought it was a priority…
Vendor thought:
• Winners need to hit one or
both of these priorities
quickly. Realize your firm’s
vision for clients or face
churn.
LeadMD: marketers’ priorities are slightly different
Source: LeadMD, Oct 2016: https://www.leadmd.com/resource/2016-marketing-maturity-benchmark-report/
92%
Qualified Leads
66%
Pipeline velocity
42%
Campaign attribution
Better decisions, not tools are what marketers want
Source: Ascend2 Marketing Technology Survey Aug 2015, Oct 2016
52% 50%
More revenue More leads
13%
Want predictive tools
© 2016 Josh Hill marketingrockstarguides.com
57% 56%
More revenue More leads
33%
Improve business decisions
2015
2016
Yet marketers lack the metrics to make those decisions.
Source: LeadMD, Oct 2016: https://www.leadmd.com/resource/2016-marketing-maturity-benchmark-report/
38%
No lifecycle data
45%
Some lifecycle data
17%
Full lead lifecycle
Innovators Early
Adopters
Early Majority Late Majority Laggards
This is a journey. Good journeys take time.
• Achieve alignment
before tool selection
• Achieve alignment
before tool selection
• Do not expect
predictable revenue in
first 12-24 months.
• Expect mistakes in
choices of tools.
• Find good partners
internally and externally.
© 2015-16 Josh Hill MarketingRockstarGuides.com© 2016 Josh Hill marketingrockstarguides.com
THE MARTECH MATURITY
MODEL™
Success one step at a time
Stage 0: Marketing Transformation
Stage 1: Automation
Stage 2: Lead Quality Management
0 Month 12 Month 18 Month 24 Month 36
Stage 6:
Predictive Tools
The Martech Maturity Model™
Stage 3: Nurturing and Sales
Context
Stage 4: Funnel Visibility
Stage 5: Attribution and Allocation
© 2016 Josh Hill marketingrockstarguides.com
Stage 0: Marketing Transformation
Stage 1: Automation
Stage 2: Lead Quality Management
0 Month 12 Month 18 Month 24 Month 36
Stage 6:
Predictive Tools
Building capability is hard work
Moving from Stage 0 to
1 and 2 offer the
largest obvious ROI.
55% of marketers say they are
“improving marginally” (Ascend2)
82% missing or have flawed
Buyer Journey (LeadMD)
17% of LeadMD respondents here; 9
to 16% here in 2015 Ascend2.
4% using Predictive (LeadMD)
Stage 3: Nurturing and Sales
Context
Stage 4: Funnel Visibility
Stage 5: Attribution and Allocation
Source: Ascend2 Marketing Technology Survey Aug 2015; LeadMD Survey Oct 2016.© 2015-2016 Josh Hill marketingrockstarguides.com
34% of LeadMD respondents looking
at influenced Opps/Won
37% of LeadMD respondents are here.
Only 8% of respondents thought training was a high priority
in 2017
Stage 0: Marketing Transformation
Stage 1: Automation
Stage 2: Lead Quality Management
0 Month 12 Month 18 Month 24 Month 36
Stage 6:
Predictive Tools
Staff skill levels are on the adoption curve, lagging
behind the vision of vendors.
42% of respondents above
avg+ on Content Marketing.
27% said they were new to
MA skills
Only 3% of LeadMD respondents said they are at a “nirvana” skill
level with marketing automation. Where does that put their firm?
Stage 3: Nurturing and Sales
Context
Stage 4: Funnel Visibility
Stage 5: Attribution and Allocation
Survey Source: LeadMD Survey Oct 2016.© 2015-2016 Josh Hill marketingrockstarguides.com
52% say they are avg or
below with skills
18% say they are above
avg skills
Stage 0: Marketing Transformation
Stage 1: Automation
Stage 2: Lead Quality
Management
Stage 3: Nurturing and Sales
Context
Stage 4: Funnel Visibility
Stage 5: Attribution and Allocation
0 Month 12 Month 18 Month 24 Month 36
Stage 6:
Predictive
Tools
What about ABM?
ABM and Predictive cannot
help here since the Team
isn’t ready (nor the systems)
Add Plays and build up data
set for Predictive
ABM
range
Depends on Dataset and
Organizational capability.
Lead people to the
Commercial Insight
Improve visibility of which
Story works, who it works on;
where those people are.
Continuous practice and
alignment – ABM will require
TRULY TIGHT alignment
© 2016 Josh Hill marketingrockstarguides.com
Stage 0: Marketing Transformation
Stage 1: Automation
Stage 2: Lead Quality
Management
Stage 3: Nurturing and Sales
Context
Stage 4: Funnel Visibility
Stage 5: Attribution and Allocation
0 Month 12 Month 18 Month 24 Month 36
Stage 6:
Predictive
Tools
Stage development is a continuous effort
ABM
range
© 2016 Josh Hill marketingrockstarguides.com
36% of respondents desired better sales-marketing alignment,
but 73% thought Sales believed MQLs were below average.
Lead quality was #1 priority. (LeadMD) Clearly some disconnect
with alignment at many firms.
Survey Source: LeadMD Oct 2016.
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Martech Maturity Model - An Adoption Guide

  • 1. THE MARTECH MATURITY MODEL™ December 2016 Update Josh Hill MarketingRockstarGuides.com
  • 2. Why are many martech stacks and implementations seen as failures?
  • 3. High Expectations “It will align us and increase revenue! Just turn it on!”
  • 4. CMO and CIO treat it like an IT Project It is not.
  • 5. Not using all the features.
  • 6. Staff is untrained Staff isn’t on board with the system’s concepts
  • 8. Teams not aligned on the business process (Strategy!)
  • 9. Business growth stage Is this really the right system now and in the next year?
  • 10. In just one year, full use of stack up to 54%...? © 2016 Josh Hill marketingrockstarguides.com Source: Ascend2 Marketing Technology Survey Aug 2015, Oct 2016
  • 11. More revenue and more leads are still the priorities for marketers Source: Ascend2 Marketing Technology Survey Aug 2015, Oct 2016© 2016 Josh Hill marketingrockstarguides.com • 2016 did not ask all the same questions. • Marketing efficiency actually less important now, while Revenue and Lead Gen even more important than last year. LeadMD in 2016 show 4% have Predictive. Ascend2 2015 said 13% thought it was a priority… Vendor thought: • Winners need to hit one or both of these priorities quickly. Realize your firm’s vision for clients or face churn.
  • 12. LeadMD: marketers’ priorities are slightly different Source: LeadMD, Oct 2016: https://www.leadmd.com/resource/2016-marketing-maturity-benchmark-report/ 92% Qualified Leads 66% Pipeline velocity 42% Campaign attribution
  • 13. Better decisions, not tools are what marketers want Source: Ascend2 Marketing Technology Survey Aug 2015, Oct 2016 52% 50% More revenue More leads 13% Want predictive tools © 2016 Josh Hill marketingrockstarguides.com 57% 56% More revenue More leads 33% Improve business decisions 2015 2016
  • 14. Yet marketers lack the metrics to make those decisions. Source: LeadMD, Oct 2016: https://www.leadmd.com/resource/2016-marketing-maturity-benchmark-report/ 38% No lifecycle data 45% Some lifecycle data 17% Full lead lifecycle Innovators Early Adopters Early Majority Late Majority Laggards
  • 15. This is a journey. Good journeys take time. • Achieve alignment before tool selection • Achieve alignment before tool selection • Do not expect predictable revenue in first 12-24 months. • Expect mistakes in choices of tools. • Find good partners internally and externally. © 2015-16 Josh Hill MarketingRockstarGuides.com© 2016 Josh Hill marketingrockstarguides.com
  • 17. Stage 0: Marketing Transformation Stage 1: Automation Stage 2: Lead Quality Management 0 Month 12 Month 18 Month 24 Month 36 Stage 6: Predictive Tools The Martech Maturity Model™ Stage 3: Nurturing and Sales Context Stage 4: Funnel Visibility Stage 5: Attribution and Allocation © 2016 Josh Hill marketingrockstarguides.com
  • 18. Stage 0: Marketing Transformation Stage 1: Automation Stage 2: Lead Quality Management 0 Month 12 Month 18 Month 24 Month 36 Stage 6: Predictive Tools Building capability is hard work Moving from Stage 0 to 1 and 2 offer the largest obvious ROI. 55% of marketers say they are “improving marginally” (Ascend2) 82% missing or have flawed Buyer Journey (LeadMD) 17% of LeadMD respondents here; 9 to 16% here in 2015 Ascend2. 4% using Predictive (LeadMD) Stage 3: Nurturing and Sales Context Stage 4: Funnel Visibility Stage 5: Attribution and Allocation Source: Ascend2 Marketing Technology Survey Aug 2015; LeadMD Survey Oct 2016.© 2015-2016 Josh Hill marketingrockstarguides.com 34% of LeadMD respondents looking at influenced Opps/Won 37% of LeadMD respondents are here.
  • 19. Only 8% of respondents thought training was a high priority in 2017
  • 20. Stage 0: Marketing Transformation Stage 1: Automation Stage 2: Lead Quality Management 0 Month 12 Month 18 Month 24 Month 36 Stage 6: Predictive Tools Staff skill levels are on the adoption curve, lagging behind the vision of vendors. 42% of respondents above avg+ on Content Marketing. 27% said they were new to MA skills Only 3% of LeadMD respondents said they are at a “nirvana” skill level with marketing automation. Where does that put their firm? Stage 3: Nurturing and Sales Context Stage 4: Funnel Visibility Stage 5: Attribution and Allocation Survey Source: LeadMD Survey Oct 2016.© 2015-2016 Josh Hill marketingrockstarguides.com 52% say they are avg or below with skills 18% say they are above avg skills
  • 21. Stage 0: Marketing Transformation Stage 1: Automation Stage 2: Lead Quality Management Stage 3: Nurturing and Sales Context Stage 4: Funnel Visibility Stage 5: Attribution and Allocation 0 Month 12 Month 18 Month 24 Month 36 Stage 6: Predictive Tools What about ABM? ABM and Predictive cannot help here since the Team isn’t ready (nor the systems) Add Plays and build up data set for Predictive ABM range Depends on Dataset and Organizational capability. Lead people to the Commercial Insight Improve visibility of which Story works, who it works on; where those people are. Continuous practice and alignment – ABM will require TRULY TIGHT alignment © 2016 Josh Hill marketingrockstarguides.com
  • 22. Stage 0: Marketing Transformation Stage 1: Automation Stage 2: Lead Quality Management Stage 3: Nurturing and Sales Context Stage 4: Funnel Visibility Stage 5: Attribution and Allocation 0 Month 12 Month 18 Month 24 Month 36 Stage 6: Predictive Tools Stage development is a continuous effort ABM range © 2016 Josh Hill marketingrockstarguides.com 36% of respondents desired better sales-marketing alignment, but 73% thought Sales believed MQLs were below average. Lead quality was #1 priority. (LeadMD) Clearly some disconnect with alignment at many firms. Survey Source: LeadMD Oct 2016.
  • 23. DID YOU ENJOY? SHARE! Slideshare.net/jdavidhill @jdavidhill hello@marketingrockstarguides.com

Notas del editor

  1. http://www.mintigo.com/webinar-how-to-build-a-predictable-abm-engine
  2. It’s not always what you think. 60% figure is floating out there, although there is zero data to prove this. And I bet this is entirely perception rather than HARD failure where you kill it all. 60% of stats are made up on the spot.
  3. Sometimes this is people believing the vendor too much. Lack of understanding of what it means to build out a system as well as the other pieces.
  4. Tremendous increase in reported use of stack, but it’s still split. 31% use it, but need more, while 15% need more and don’t use it fully. http://chiefmartec.com/2016/10/marketing-technology-utilization-takes-major-swing-upward/
  5. https://www.leadmd.com/resource/2016-marketing-maturity-benchmark-report/
  6. https://www.leadmd.com/resource/2016-marketing-maturity-benchmark-report/
  7. Thus, this again supports my advice to CMOs: understand your marketing strategy and firm first, then hire the right team (or agency) to help implement the technical side well. Is it better to spend $50,000 this year to set up success for the next three years, or to spend $15,000 today for a poor implementation that means $70,000 in software fees are flushed away?
  8. Distances are not exact; stages may overlap as projects and skills reach operational efficiencies; Time to complete or success will differ by company.
  9. You could argue that the ROI may dip at Stages 2 and 3 and 4 because you end up needing more tools and often more people to manage tools, content, testing, etc.
  10. Can you achieve the vision if the staff isn’t capable of building it?
  11. You could argue that the ROI may dip at Stages 2 and 3 and 4 because you end up needing more tools and often more people to manage tools, content, testing, etc.
  12. ABM is possible after Stage 1. Earlier is just Target Accounts