A repository of acronyms, jargon, and useful definitions perfect for eCommerce founders & marketers like yourself.
Marketing Automation is all about using software to automate repetitive marketing tasks such as ad campaigns, social media posting, and email marketing to make the process more efficient and provide a personalized experience to the customers. With the help of marketing automation, you can increase your conversions by continually nurturing your leads and build a good relationship with them. It also enables many modern marketing strategies including lead nurturing, segmentation, lead nurturing, retention, cross-sell, upsell, and ROI measurements.
Benefits of Marketing Automation
Efficiency- Marketing automation can help to make your entire business process more efficient. You can reduce the staffing cost and free up the time of your employees to work on more important aspects of your department and strategic projects. For example, instead of manually posting on social media every day, you can use marketing automation software that automates the process.
Increase conversion rate: Since marketing automation can make your team more effective, it can help to get more leads. It can increase your conversion rate and the software will help you to track your leads and even retarget the visitors who don’t convert, thus increasing your CRO.
Accurate Reporting: You can make reporting your analytics an easy task by using marketing automation that helps to generate automated reports.
Personalized marketing strategy: Marketing automation not only helps you in getting more leads but can also keep track of customer behavior. This can help you to send personalized emails to the prospects thereby resulting in overall growth. For example, if someone engaged with your post related to conversions, then you can send them a personalized email and invite them to a webinar based on the same subject.
Data Management: Marketing automation helps with efficient management of data and also updates it automatically.
Scalable process: You can create scalable processes using marketing automation that helps you to scale in the long run when the team grows big whereas if the process is all manual and depends on one person, then it would be difficult to scale.