David Raab is a consultant specializing in marketing technology and analysis. Clients have included major firms in financial services, retail, communications, and other industries. His B2B Marketing Automation Vendor Selection Tool provides detailed information and guidance to buyers of marketing systems. Mr. Raab has written hundreds of articles for DM Review, DM News and other industry publications. Many of these are available without charge at www.archive.raabassociatesinc.com.
  • 0 comments 338 reads
    Posted on 2012-05-14

    Three weeks ago, Intuit shook up the low end of the marketing automation universe by purchasing small business marketing shooting star Demandforce. Last week the action shifted to the high end, where FICO announced its purchase of Entiera, one of the few remaining enterprise class products.

    FICO, the company formerly known as Fair Isaac and originator of the influential FICO credit score, first dipped its toe into marketing automation services and software when it acquired DynaMark in 1992. Since then, the company has continued to grow its marketing offerings, through acquisition and internal development.  But it sell these largely as add-ons to its...

  • 0 comments 536 reads
    Posted on 2012-05-07

    I’m spending more time on airplanes these days, which means more time browsing airport bookshops. Since spy stories and soft core porn are neither to my taste, the pickings are pretty slim. But I did recently stumble across Jonah Lehrer’s How We Decide, one of several recent books that explain the latest scientific research into human decision-making.

    Lehrer’s book shuttles between commonly-known irrationalities in human behavior – things like assigning a higher value to avoiding loss than achieving gain – and the less known (to me, at least) brain mechanisms that drive them. He makes a few key points, including the importance of non-conscious learning to drive everyday decisions (it turns out that people who can only make conscious, rational decisions are pretty much incapable of functioning), the powerful influence of irrelevant facts (for example, being exposed to a random number influences the price you’re willing to pay for an unrelated object), and the need to...

  • 0 comments 325 reads
    Posted on 2012-05-03

    Intuit  last week announced an agreement to acquire local business marketing vendor Demandforce  for $423.5 million. That’s a hefty sum for a company with a reported revenue of $37.5 million, although it has been growing at a blistering pace – more than doubling last year – and now has over 35,000 customers. Still, the move makes perfect strategic sense, giving Intuit a stronger foothold in the marketing side of its small business customer base. (Intuit dominates the market for small business accounting...

  • 0 comments 480 reads
    Posted on 2012-04-19

    With its usual fanfare, Marketo today announced the acquisition of social marketing campaign company Crowd Factory.

    Crowd Factory is a certified cool product, which is probably reason enough for Marketo to buy them.  But what I find intriguing is how little the two businesses overlap.  Marketo is primarily focused on business marketing, and in particular lead generation, nurturing and analytics. Crowd Factory has some B2B clients but is clearly aimed at large-scale consumer marketing. Campaign types listed on its Web site include refer a friend, social sweepstakes, polls and voting, flash deals, group offers, and intelligent share buttons. Few would be considered relevant for most B2B campaigns.

    Indeed, Marketo already had a reasonable set of...

  • 0 comments 468 reads
    Posted on 2012-04-16

    One of the things I’m enjoying about my new role as head of analytics at Left Brain DGA is being closer to hands-on marketing than I was as a consultant. This leads to different questions than I used to get, including the ever-popular “what’s a reasonable response rate for our emails?” That one came up last week and led me to review my files on industry benchmarks. Without giving away any deep secrets, I thought I’d share the results.

    I found five relevant studies dating back to 2009. Taking the oldest first:

    Silverpop International Email Marketing Benchmark Study, 2009

    This one doesn’t break out results by mailer type, so it’s probably dominated by business-to- consumer marketers. But it does distinguish gross opens from unique opens, which are significantly different. It also shows median as...

  • 1 comments 821 reads
    Posted on 2012-04-15

    Infusionsoft introduced its latest release earlier this month. This included a full revamp of its customer interface, a new campaign builder and shopping cart, and new capabilities for Web analytics, lead scoring, and lead source reporting.

    Stated so plainly, this doesn’t sound like much. But Infusionsoft says it’s the biggest release in company history and I've no reason to doubt.  A new interface and campaign builder are big projects.

    Both represent significant improvements over previous Infusionsoft editions. The interface is cleaner, organized around tasks rather than data objects, and lets users customize their menu of top-level functions. The campaign builder now supports branching flows, timers, and multi-step sequences with a smooth drag-and-drop interface. The shopping cart is also significantly more powerful. Lead scoring (nicely executed), Web analytics, and lead source reporting all fill major gaps in the product...

  • 1 comments 3,246 reads
    Posted on 2012-03-31

    I recently gave a Web presentation comprised almost entirely of slides from different surveys. This was a bit of an experiment and, sad to say, it didn’t seem terribly successful. I did weave the slides into a nice little story line – marketers know they need better technology, poor data is the root of their problem, and we know how to solve this – but even that wasn’t enough. Pity.

    Still, preparing the slides gave me a chance to scan the surveys in my archives, which was entertaining in its own little way. Many surveys ask similar questions, which gave me some choices during my preparation. But I didn’t look carefully at how they compare.

    Today I’ll do that. I’ve chosen one of the most popular questions: what are the barriers to marketing technology adoption? I have versions of this from seven different surveys within the past year.

    Of course, each survey uses different terms. To make the comparison, I collapsed the various answers into a few reasonably-...

  • 2 comments 504 reads
    Posted on 2012-03-26

    I first bumped into Kwanzoo about a year ago at a conference trade show and was frankly puzzled at what they offered. The mechanics were clear: a tool to generate HTML-based forms, surveys, banner ads, and social sharing links that could be used on Web sites or embedded in emails. What puzzled me was the advantage of this over anyone else’s HTML content, including the content that could be generated using standard tools within most marketing automation systems.

    Since this particular mystery ranked somewhere between the fate of Amelia Earhardt  and Nacza Lines  in my personal priorities, I didn’t investigate further. But the company reached out to me recently and provided a clearer explanation. Here’s the story.

    What makes Kwanzoo special is it creates a sequence of Web pages that can be deployed as a single unit. A...

  • 0 comments 774 reads
    Posted on 2012-03-17

    Salesforce.com yesterday announced the launch of Site.com, an enterprise-class Web site management system. The news didn’t seem to get much attention, perhaps because Salesforce.com itself pretty much buried it. But Salesforce.com VP of Product Management Anshu Sharma did post a detailed explanation of the rationale on a Salesforce.com blog.

    My original reaction was “I told you so”, since I’ve been talking about the convergence of CRM and Web site management for years. (Here’s a piece from 2009.)  Sharma’s reaches a similar conclusion although he puts it in a larger context of social media (people expect to interact with a company Web site like they interact on social media), cloud,  and mobile computing (marketers need...

  • 2 comments 707 reads
    Posted on 2012-03-07

    Business Intelligence software vendor QlikTech* officially published its price list last month, after years of keeping it a not-very-closely-held secret. I was personally pleased, since people occasionally ask me what QlikView costs.  But then I looked more closely at the list and realized I wasn’t quite certain what it meant. Happily, it didn’t take long to set up a briefing and clarify matters. Just in case anyone else is also confused, here’s what they told me:

    - The lowest entry price for a fully functional version is $1,350. Although this is called a “Named User License”, it does NOT require connection to a server—the specific point I wasn’t sure of. What distinguishes this from the free Personal Edition is that the Named User License can read QlikView files created on other machines, while the Personal Edition cannot. Thus, a company could buy two Named User Licenses for $2,...