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3 considerations before leaving your martech vendor

Martech

Have you sensed that your martech solution or vendor is losing interest? However, your vendor could begin tailoring their solutions to a smaller market. Has your vendor changed their product or marketing strategy? Marketers understand that not all of their relationships are perfect.

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What Is Vendor Sprawl?

Salesforce Marketing Cloud

This is known as vendor sprawl. Not addressing these issues will continue to cost companies millions, resulting in greater inefficiencies. Vendor sprawl, also known as technology bloat, occurs when businesses have software application redundancies across different departments, creating many inefficiencies. What is vendor sprawl?

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CRM Implementations Cost An Estimated $4.6 billion Annually, New Analysis Says

Zoominfo

So the company begins defining requirements for new CRM software, and two months later selects a vendor. Each of those projects will cost an average of $3,000. However, it is companies with more than 1,000 employees that will spend the most on CRM projects, with the average cost being approximately $174,000. Source: ZoomInfo.

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Privacy Compliance: Finding a B2B Data Vendor You Can Trust

Zoominfo

It’s crucial that every data vendor in your tech stack is compliant with both local and global privacy laws. Working with a non-compliant data vendor runs the risk of serious fines, negative publicity, and being forced to rebuild your database from scratch. To put it simply, their risk is your risk.

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Vendor Software Selection Criteria 2022

TrustRadius Marketing

One of the biggest professional commitments is the marriage between a vendor and a buyer. The software your team needs comes with a vendor relationship you’re going to foster, and like in real marriage you need to choose the right one. What is the Vendor Selection Process? Our Tips For Vendor Selection Criteria.

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What is product-led growth?

Tomorrow People

An examination of the key characteristics of product-led growth, and how it differs from traditional marketing or sales-led strategies. Product-led growth (PLG) is becoming an increasingly popular strategy among both B2B and B2C businesses. Product-led growth delivers results. Defining a product-led growth target audience.

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CRM Implementations Cost An Estimated $4.6 Billion Annually, New Analysis Says

Zoominfo

So the company begins defining requirements for new CRM software, and two months later selects a vendor. Each of those projects will cost an average of $3,000. However, it is companies with more than 1,000 employees that will spend the most on CRM projects, with the average cost being approximately $174,000. Source: ZoomInfo.