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Global Market Share for Multichannel Marketing Hubs in the Year 2022

  • Writer: Gauri Kale
    Gauri Kale
  • Sep 15, 2023
  • 2 min read

Multi-channel Marketing Hubs (MMH) are specialized in directing marketing messages towards high-value target customers across various touchpoints throughout the entire customer journey. These hubs enable organizations to tailor marketing campaigns to individual customers, addressing their unique needs and characteristics. Both B2B and B2C enterprises leverage MMH for customer profile management, segmentation, campaign and message creation, workflow orchestration, and message execution.

MMH takes marketing efforts beyond mere channel coordination, encouraging organizations to strengthen their connections with significant customers, leading to increased conversions and engagement. The use of MMH also aids in executing comprehensive engagement campaigns by providing insights into well-suited leads who are more likely to express interest in their offerings.

MMH empowers organizations by seamlessly orchestrating personalized engagement across multiple channels within intricate customer journeys, delivering consistent and cohesive customer experiences. MMH centralizes structured data into a single marketing automation platform. While MMH automates campaigns and enhances consumer engagement, it does not enrich customer data and often requires integration with Customer Data Platforms (CDPs) to expand personalization capabilities through enriched customer data.

Multichannel strategies represent long-term initiatives aimed at establishing brand awareness and nurturing relationships with potential and existing customers.

Quadrant Knowledge Solutions defines Multichannel Marketing Hubs (MMH) as technology that facilitates the delivery of pertinent marketing communications to customer segments across numerous channels, encompassing social media, mobile apps, websites, direct mail, call centers, email, paid media, and more. MMH empowers organizations by seamlessly orchestrating personalized engagement across diverse channels throughout complex customer journeys.

The growing use of AI for analyzing customer behavior and tailoring marketing messages reflects the trend of data-driven decision-making across multiple channels. Organizations can craft highly targeted, personalized campaigns that align with customer needs and preferences. Personalization remains a central element of customer engagement, always mindful of privacy, preferences, and compliance requirements.

MMH vendors are increasingly offering native website personalization, leveraging AI and insights into firmographics, technographics, and intent to enhance customer loyalty and engagement on web platforms. Furthermore, there is a rising trend of integrating MMH platforms with other marketing technologies such as CRM, marketing automation, and customer data platforms to establish a more seamless and unified approach to customer engagement.

In addition, many growth-focused marketers are emphasizing paid media channels and urging vendors to invest in enhancing capabilities in areas like connected TV, social media, audio, and more. The seamless integration and interoperability of MMH with existing organizational technologies are becoming critical factors impacting technology deployment and the overall ownership experience.

 
 
 

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