{"id":8815,"date":"2024-09-25T14:07:44","date_gmt":"2024-09-25T14:07:44","guid":{"rendered":"https:\/\/tup.kxe.temporary.site\/features-drive-marketers-to-replace-martech-but-cost-is-top-of-mind-for-new-apps\/"},"modified":"2024-09-25T14:07:44","modified_gmt":"2024-09-25T14:07:44","slug":"features-drive-marketers-to-replace-martech-but-cost-is-top-of-mind-for-new-apps","status":"publish","type":"post","link":"https:\/\/okdesign.ca\/fr\/features-drive-marketers-to-replace-martech-but-cost-is-top-of-mind-for-new-apps\/","title":{"rendered":"Features drive marketers to replace martech, but cost is top of mind for new apps"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Cost-conscious marketers are paying close attention to price when they\u2019re considering replacement applications for their martech stack, according to the <a rel=\"nofollow noopener\" href=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/2024-MarTech-Replacement-Survey.pdf\" target=\"_blank\">2024 MarTech Replacement Survey<\/a>.\u00a0<\/p>\n<p>Sixty-one percent of marketers said cost was the most important factor when evaluating replacement applications, up from 37% in the 2023 MarTech Replacement Survey.\u00a0<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" alt=\"Important factors for replacement applications.\" style=\"width:840px;height:auto\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdVfTiqwkPhXbLMnNoPUhr7Cl_tmcVpCAg7o_prWxOMEB8Mzbyec_xMDpTaH3kdx_bFKLTCwUelPwo2ILDmZa693LfidRU0eng9Qp23yNCv1RmCzB3MM3A65zxpZCLiR-PZrEvUYo48BsoxMfkiN21I7ecZ?key=vXxZ9hjWFadHhKG7iGIVhQ\"\/><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdVfTiqwkPhXbLMnNoPUhr7Cl_tmcVpCAg7o_prWxOMEB8Mzbyec_xMDpTaH3kdx_bFKLTCwUelPwo2ILDmZa693LfidRU0eng9Qp23yNCv1RmCzB3MM3A65zxpZCLiR-PZrEvUYo48BsoxMfkiN21I7ecZ?key=vXxZ9hjWFadHhKG7iGIVhQ\" alt=\"Important factors for replacement applications.\" style=\"width:840px;height:auto\"\/><figcaption class=\"wp-element-caption\"><em>Most important factors for replacement martech applications. Source: 2024 MarTech Replacement Survey.<\/em> <\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"h-features-lead-marketers-to-look-for-replacements\">Features lead marketers to look for replacements<\/h2>\n<p>While cost is important for replacement applications, the survey found it\u2019s features that are most likely to send marketers and <a rel=\"nofollow\" href=\"https:\/\/martech.org\/what-is-marketing-operations-and-who-are-mops-professionals\/\">marketing operations<\/a> professionals looking for a replacement in the first place.\u00a0<\/p>\n<p>Features lead marketers to look for replacements for both homegrown applications, where 48% of respondents cited better features from SaaS software, and for commercial applications, where 36% cited better features.<\/p>\n<p>As for costs, 7% of respondents who replaced homegrown applications said they did it to reduce expenses, while 9% said the homegrown application was too expensive to maintain. Those marketers replacing commercial martech applications were more likely to cite costs. Nearly one-quarter (23%) said they replaced their commercial application to reduce expenses.\u00a0<\/p>\n<figure class=\"wp-block-image size-large is-resized\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"450\" alt=\"Reasons homegrown martech applications are replaced.\" class=\"wp-image-395538\" style=\"width:845px;height:auto\" srcset=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-800x450.jpg.webp 800w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-600x338.jpg.webp 600w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-200x113.jpg.webp 200w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-768x432.jpg.webp 768w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-1536x864.jpg 1536w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-scaled.jpg.webp 2048w\" data-lazy-sizes=\"(max-width: 800px) 100vw, 800px\" src=\"https:\/\/i0.wp.com\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-800x450.jpg.webp?resize=800%2C450&#038;ssl=1\"\/><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/i0.wp.com\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-800x450.jpg.webp?resize=800%2C450&#038;ssl=1\" alt=\"Reasons homegrown martech applications are replaced.\" class=\"wp-image-395538\" style=\"width:845px;height:auto\" srcset=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-800x450.jpg.webp 800w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-600x338.jpg.webp 600w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-200x113.jpg.webp 200w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-768x432.jpg.webp 768w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-1536x864.jpg 1536w,https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/figure_7-scaled.jpg.webp 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\"\/><figcaption class=\"wp-element-caption\"><em>Reasons for replacing homegrown martech applications.<\/em> <em>Source: 2024 MarTech Replacement Survey.<\/em> <\/figcaption><\/figure>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" alt=\"Reasons commercial applications are replaced. \" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfRU1VdYIH2WvEzgaRSjSkw5m1_qcBA-FlfJPQwYN2w57co5j_SqhrwMw8BQoqkhJrYiMjLjm5gmt0917l9da8f6u8Gdxx_0wMSCFn0FySXrLO-4OWGTM_SVqESIy_JR0BamZs82DtMu__Qhw894iyEiTUV?key=vXxZ9hjWFadHhKG7iGIVhQ\"\/><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXfRU1VdYIH2WvEzgaRSjSkw5m1_qcBA-FlfJPQwYN2w57co5j_SqhrwMw8BQoqkhJrYiMjLjm5gmt0917l9da8f6u8Gdxx_0wMSCFn0FySXrLO-4OWGTM_SVqESIy_JR0BamZs82DtMu__Qhw894iyEiTUV?key=vXxZ9hjWFadHhKG7iGIVhQ\" alt=\"Reasons commercial applications are replaced. \"\/><figcaption class=\"wp-element-caption\"><em>Reasons for replacing commercial martech applications.<\/em> <em>Source: 2024 MarTech Replacement Survey.<\/em> <\/figcaption><\/figure>\n<\/div>\n<p><strong><em>Dig deeper: Download the <\/em><\/strong><a rel=\"nofollow noopener\" href=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/2024-MarTech-Replacement-Survey.pdf\" target=\"_blank\"><strong><em>2024 MarTech Replacement Survey<\/em><\/strong><\/a><strong><em>.<\/em><\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-marketing-automation-is-the-most-replaced-martech-application\">Marketing automation is the most replaced martech application<\/h2>\n<p>For the fifth year in a row, the MarTech Replacement Survey found <a rel=\"nofollow\" href=\"https:\/\/martech.org\/topic\/marketing-automation\/\">marketing automation<\/a> platforms (MAPs) were the most-replaced application in the martech stack. The percentage of respondents replacing marketing automation platforms in the past year rose from 24% in the 2023 survey to 31% in 2024. Marketing automation was followed in the 2024 survey by email distribution software, <a rel=\"nofollow\" href=\"https:\/\/martech.org\/topic\/customer-relationship-management-crm\/\">CRM<\/a> and SEO tools<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" alt=\"Most-replaced martech applications, 2024. \" style=\"width:839px;height:auto\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcbq-XXUVwKM4KUQ2OfUZ1xoXPl5C2qUC14YobpJMkKkgE7p7SXEhFE6Ge0shrZG7KkTllnBJgxz8zfdeDRfL-OuFJ3i0XB8vDElYtGpCpvyccuv4qiQgX8awkyPScyljzBNnJpWYjTsCO_1nJy1NIJFK1X?key=vXxZ9hjWFadHhKG7iGIVhQ\"\/><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcbq-XXUVwKM4KUQ2OfUZ1xoXPl5C2qUC14YobpJMkKkgE7p7SXEhFE6Ge0shrZG7KkTllnBJgxz8zfdeDRfL-OuFJ3i0XB8vDElYtGpCpvyccuv4qiQgX8awkyPScyljzBNnJpWYjTsCO_1nJy1NIJFK1X?key=vXxZ9hjWFadHhKG7iGIVhQ\" alt=\"Most-replaced martech applications, 2024. \" style=\"width:839px;height:auto\"\/><figcaption class=\"wp-element-caption\"><em>Most-replaced martech applications. Source: 2024 MarTech Replacement Survey.<\/em> <\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"h-the-lifespan-of-martech-apps-is-3-5-years\">The lifespan of martech apps is 3-5 years<\/h2>\n<p>The 2024 MarTech Replacement Survey found three to five years appears to be the sweet spot for martech replacement. Nearly two-thirds of the martech applications replaced by respondents to this year\u2019s survey were in use for five years or less. Forty-three percent were in use for three to five years.\u00a0<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-marketing-management-champions-most-martech-replacements\">Marketing management champions most martech replacements<\/h2>\n<p>While the management of the applications the martech stack can fall on marketing, marketing operations or IT, spending on the size of the organizations and the resources available, the 2024 MarTech Replacement Survey found <a rel=\"nofollow\" href=\"https:\/\/martech.org\/topic\/marketing-management\/\">marketing management<\/a> (37%) and executive management (26%) were the most common champions of martech replacements. IT team members championed only 8% of martech replacements.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" alt=\"Champions of martech replacement projects. \" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcHm8TZhRHOZ5cgserdvKle0jOn3e00UOisQ43YxLp0Xqm9qHaIj3HmlPuHo4B_zGeYMLry5Gow1pRfNq-LBPOyT8nFYhy9BY8j5LbcUwa50jxSEOcvIwgEyocYNyyAh_-IGnpL_9JBboGxtOnqba3vKETY?key=vXxZ9hjWFadHhKG7iGIVhQ\"\/><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcHm8TZhRHOZ5cgserdvKle0jOn3e00UOisQ43YxLp0Xqm9qHaIj3HmlPuHo4B_zGeYMLry5Gow1pRfNq-LBPOyT8nFYhy9BY8j5LbcUwa50jxSEOcvIwgEyocYNyyAh_-IGnpL_9JBboGxtOnqba3vKETY?key=vXxZ9hjWFadHhKG7iGIVhQ\" alt=\"Champions of martech replacement projects. \"\/><figcaption class=\"wp-element-caption\"><em>Champions of martech replacements<\/em>. <em>Source: 2024 MarTech Replacement Survey.<\/em> <\/figcaption><\/figure>\n<\/div>\n<p>The 2024 MarTech Replacement Survey is based on a survey of 496 initial respondents. Questions about the replacements are based on the 65% of respondents who said they replaced a martech solution in the past year. More than half (58%) of the respondents said they worked in B2B, while nearly one-quarter (24%) said they sold to both businesses and consumers.<\/p>\n<p>Download the <a rel=\"nofollow noopener\" href=\"https:\/\/martech.org\/wp-content\/uploads\/2024\/09\/2024-MarTech-Replacement-Survey.pdf\" target=\"_blank\">2024 MarTech Replacement Survey report<\/a> (no registration required).\u00a0<\/p>\n<p><!-- START INLINE FORM --><\/p>\n<p><!-- END INLINE FORM --><\/p>\n<p>.\u00a0<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/martech.org\/features-drive-marketers-to-replace-martech-but-cost-is-top-of-mind-for-new-apps\/\">Source link <\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Cost-conscious marketers are paying close attention to price when they\u2019re considering replacement applications for their martech stack, according to the 2024 MarTech Replacement Survey.\u00a0 Sixty-one percent of marketers said cost was the most important factor when evaluating replacement applications, up from 37% in the 2023 MarTech Replacement Survey.\u00a0 Most important factors for replacement martech applications. [&hellip;]<\/p>","protected":false},"author":3,"featured_media":8816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-8815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Features drive marketers to replace martech, but cost is top of mind for new apps - OK Design<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/okdesign.ca\/fr\/features-drive-marketers-to-replace-martech-but-cost-is-top-of-mind-for-new-apps\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Features drive marketers to replace martech, but cost is top of mind for new apps\" \/>\n<meta property=\"og:description\" content=\"Cost-conscious marketers are paying close attention to price when they\u2019re considering replacement applications for their martech stack, according to the 2024 MarTech Replacement Survey.\u00a0 Sixty-one percent of marketers said cost was the most important factor when evaluating replacement applications, up from 37% in the 2023 MarTech Replacement Survey.\u00a0 Most important factors for replacement martech applications. 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