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  • Marketers keep replacing major martech apps, integration #1 factor for replacements
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Marketers keep replacing major martech apps, integration #1 factor for replacements

Mitchell 18/07/2022 2:33 AM

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Integration is #1 Factor in Replacing Martech Apps

My buddies at MarTech.org lately unveiled their hottest Martech Substitute Survey 2022, exactly where entrepreneurs shared which applications they’ve changed in excess of the previous 18 months, what their principal drive was in doing so, and what were their most vital elements in selecting the substitute resolution.

Promoting automation (24%), CRM (23%), Search engine optimization (23%), electronic mail advertising (22%), and get the job done/project management (19%) applications were the most usually replaced.

As I highlighted in blue in the chart above, the #1 most normally cited component in choosing their replacement answer was integration capabilities/open up API — selected by 56% respondents, up 13% factors from the similar study in 2021.

It is a major 5 theme of this ten years in martech: platforms, networks & marketplaces.

Of class, this isn’t to say that the other elements — price tag, support, stability, and so on. — weren’t vital way too. But the issue that most entrepreneurs agreed on was integration. If it won’t integrate with the relaxation of the tech stack, all the things else is moot. It’s the tree that falls in the forest with no anybody all around to listen to it.

The 2nd most widespread element was knowledge centralization/details abilities (decided on by 50% of respondents), which is carefully tied to integration. Immediately after all, data is the foundational layer of integrations.

Tied in second also with 50% was “ability to evaluate ROI” — which is going to be on the major of everyone’s minds in our tighter financial system. But to evaluate ROI, you need to have the facts. And to get the knowledge, you will need integrations. These a few aspects are sure together by atomic forces.

But what motivated entrepreneurs to request out a alternative alternative in the initially location?

Primary Motivation in Replacing a Martech System

When looking to swap a business application (the survey addresses replacement of homegrown apps individually), the #1 determination was greater attributes (53%). Of class, this makes feeling. Marketers appear to martech to give them the abilities required to conduct in continually shifting and evolving markets. What you can do issues.

Having said that, I would have anticipated the #2 inspiration to be value — seeking an option option to cut down prices. That was the survey end result in 2021.

But in 2022, greater/a lot easier integration was the 2nd most common commitment (24%, up 5% factors from 2021) to seek out a substitute app. Effectively, a wish for improved integration activated 1 out of each and every 4 martech application substitution initiatives.

Which is pretty remarkable.

I have mentioned this several times before to martech product or service teams: the industry is speaking to you with a terrific booming voice in the sky, “Treat integration as a 1st-course attribute!”

Progressively, the martech industry — and the SaaS universe more broadly — have taken this to coronary heart. A new analysis report from Pandium on the Point out of Integrations and APIs at 400 SaaS Businesses reveals that 86% of the Top rated 100 SaaS providers in the world now have a general public integration marketplace. (73% of them have an in-application market.)

Public Integration Marketplaces in Martech and SaaS

That’s impressive and a potent testomony to the value of application ecosystems for major SaaS corporations.

But what’s even a lot more telling is that 31% of seed-stage SaaS startups now attribute a community integration marketplace also. Virtually 1 out 3 SaaS startups — which are particularly strapped for time and assets, forced to make extremely challenging selections about what to prioritize — have chosen to prioritize establishing both equally integrations and a market to make it straightforward for buyers to uncover and use them.

It is heartening to see martech potential buyers and sellers concur: integration is crucial.

We however have even more to go on this journey of martech platforms and ecosystems. But as an sector, at least’s we’re all marching in the similar course with a a lot a lot more seamlessly and powerfully built-in long term on the horizon ahead.

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