Programmatic marketing is the only way
The real story of the value of big data, the Internet of Things, and data analytics is bigger than any of these trends by themselves. In fact, each of those descriptors is merely a part of a much bigger trend; the backstory that has even greater impact on our lives is the transition to a programmatic world where fast-moving flows of information create automated, immediate, and purposeful actions. Nowhere is this more evident than in the world of a marketer.
Where we once were happy to automate work performed by individuals, modern marketing’s programmatic trend is a step well beyond to the automation of whole complex systems of interaction.
Powering this shift is a reliance on the discovery, movement, processing, and consumption of data by machines that can digest and decide in a fraction of the time that it would take a human. Human process isn’t lost—it just happens earlier, in the setup of systems to run in real time as customer interaction takes place. In a programmatic world, it’s all about getting the setup right.
Programmatic marketing’s many Flavors
The programmatic world comes in many flavors, but the basic ingredients are common to much of what’s happening in business today—sensors, integration systems, analytics, more integration, event processing, and business rules, feeding intelligent processes that execute autonomously to create value on a scale that scores of humans working diligently could never match. And then even more integration…
Few places show this more clearly than the reminted marketing function of today’s top brands. The creativity of the past is still a requirement, but the new hot skill is in technology—how it works and how to implement and manage it. That’s a risk for many marketers as their past success is no indicator of future performance. It takes a mindset shift and retooling to match the needs of a programmatic marketing paradigm. No single app will do nor will simply hiring a team of data geeks. Moving to programmatic marketing goes well beyond any quick fix, and starts with development of powerful use cases that will drive strategy and choices for skills and technology. The biggest mistake? Choosing foolishly and painting yourself into a technology corner.
This post first appeared on the TIBCO Loyalty Lab blog and has been lightly edited.