Why digital transformation should be your new demand gen strategy

30-second summary: Ensuring that your business has the right digital tools can facilitate growth by enabling marketing and sales teams to improve brand engagement, better analyze data, more easily create content, and improve CX. Demand generation is facilitated by the right tools which can help marketing teams scale activities such as content management, lead nurturing, social media optimization, ABM, and more. There is no such thing as an average martech stack. Customization of tools is key to figuring out what works for you to achieve business growth. Chiefmartec’s Stackie awards include nearly 50 illustrations of martech stacks from a vareity of businesses which demonstrate how varied martech stacks can be. Incorporating tools that enhance and facilitate customer experience is an important (even critical) ingredient to using digital transformation for demand gen. Using technology to enhance business processes is nothing new. The very first business computer — The Lyons Electronic Office (LEO) was introduced in the UK in 1949 to help a (very busy) tea shop manage their inventory and staff. LEO computed the cost of ingredients and ran payroll for workers. Now, more than seven decades after LEO helped calculate how much money went into making bread and cakes, digital transformation is a key business growth strategy. Technology touches every aspect of a business, but it’s become particularly ubiquitous in marketing and sales, with tools that enable brand engagement, data analysis, content creation, and improve customer experience. Embracing digital transformation also helps businesses mitigate the constraint on their resources. Today’s marketing and sales teams must do more with less, and companies — regardless of size — are turning to technology to get stuff done. Blissfully, an SaaS tool that literally exists to help you manage all your SaaS tools, released their 2020 SaaS Trends Report this past March. The report revealed that company spend on SaaS products is up 50% year over year. The traditional tech stack, once the purview of a company’s IT department, is now an SaaS stack, spread across multiple teams within an organization. From a demand generation perspective, that includes tools for content management, lead nurturing, social media optimization, ABM, and more. So how digital transformation facilitate demand generation? It’s all about the toolkit. Demand generation goes digital HubSpot defines demand generation as an, “umbrella of marketing programs that get customers excited about your company’s product and services.” These programs aren’t (all) necessarily digital. A billboard …
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