“Digital transformation” can describe many types of change. But this Accenture study paints a specific picture of a future where subscription services replace traditional pick-it-off-the-shelf retail. The accompanying survey found that 63% of consumers would consider automatic replenishment of household goods like detergent and 24% would let brands select products for them automatically.
So many robots, so little time. Dynamic content generator Wylei has launched an AI-powered, SaaS-based “Optimization Cloud” that uses automated testing to optimize personalized email, Facebook, video, and display ads. Marketers upload their assets and the system automatically tests which combinations work best for which customer micro-segments. The company says it has improved conversion rates by 35% to 200%.
And one more: AgilOne has placed its Customer Data and Engagement Hub on the Oracle Cloud Marketplace, offering an integration to deliver messages through Oracle Responsys. Oracle still draws its Marketing Cloud with the BlueKai DMP in the position of a CDP, but clients who want a real CDP will need something like AgilOne.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.