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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. Then, over the next six months, the system is built out, data is cleaned and migrated, and the new system goes live — all with a price tag of $25,000. Each of those projects will cost an average of $3,000. Source: ZoomInfo.

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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. Then, over the next six months, the system is built out, data is cleaned and migrated, and the new system goes live — all with a price tag of $25,000. Each of those projects will cost an average of $3,000. Source: ZoomInfo.

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How much does acquiring a customer cost?

Martech

So how much does it cost to find one? Cost-per-acquisition (CPA) is how brands measure the efficiency with which they acquire new customers. Also known — by some, anyway — as “cost-per-action,” CPA can cover a range of activities, from buying something online, signing up for a newsletter, to downloading an app or an e-book.

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Your Guide to Choosing a B2B Data Provider

Zoominfo

Accuracy: Generally speaking, the closer a vendor is to the data source — the more accurate the data will be. Here’s why: data owners are responsible for deduping, tagging, filtering, verifying, and updating the information. If a vendor did nothing to maintain the accuracy of their data, they would have very few customers.

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How Lego Bocks Explain Why Bloomreach Bought Exponea

Customer Experience Matrix

The drive to build suites clarifies why predictive analytics vendors Bloomreach, RichRelevance, and Gpredictive are such frequent partners: stand-alone predictive tools are missing nearly all the features needed for a full marketing platform, so they have the most to gain from buying a CDP that fills those gaps.

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The State of Account Identification: 2024 and Beyond

Engagio

Any vendor that doesn’t spend most of their time making sure their account identification is accurate will hurt your business. Don’t be fooled by the exaggerated claims other vendors might make regarding target account match tests. First, any vendor can artificially inflate the match rates if they put accuracy aside.

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Open-source customer data platforms: Can you unleash your data for less?

Martech

Open-source customer data platforms can revolutionize your data management, empower your marketers and provide unparalleled flexibility and control for less money in licensing costs. Any modifications or customizations will come from the developers of the software, or from a software development kit (SDK) created by the vendor.