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SalesTech Interview with Drew Berkowitz, SVP of Sales at Stringr

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Tell us about journey in the Sales Technology industry. What attracted you to be a part of Stringr?

I moved into selling technology as an extension of my previous experience and background so that I can be more well versed across all the sectors of our industry. Stringr’s deep technology offers a unique combination for content creators, and it’s the excitement of creativity as well as collaboration with the founders that lead me to Stringr.

If not an Inside Sales company, which other area would you have made your career?

Stringr is most definitely an external sales partner to companies. While so much of what we can offer can be accomplished through online demos and calls, building partnerships is very much an in-person endeavor. But if not for sales, I would have been a writer, actor or talent agent.

How different is the Cloud-based industry for Marketing and Sales Technology products compared to other technologies, for instance, IT SaaS?

The Cloud provides a unique ability for collaboration among multiple parties and offers a layer of creativity to the sales process.

Tell us how you consume and promote content for Inside Sales practices. What is your advice to all the sales leaders in the community?

I’ve always been an external salesperson, building relationships with customers, understanding their needs and having open conversations to understand how we solve them together. I really don’t look to sell anyone, I’d rather work with them on finding a solution to their problems. But every part of sales requires insides sales techniques to identify prospects, find new business leads, nurture those customers through the funnel for further conversation and collaboration. I understand the need for CRM and automated tools, but good conversation can’t be achieved through automation, so my advice is add personality to every part of the sales cycle.

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How do you differentiate Customer Success and Customer Experience? How have these definitions changed in the past 5 years with Inside Sales technologies?

To me, Customer Experience is how we work with partners to achieve their goals. Customer success is what the client defines as their goals and desired outcome. The experience leads to success, and so the Inside Sales approach is extremely valuable into creating long-lasting positive results.

How do you enable your customers to benefit from your Sales Technology and solutions?

We provide our customers with solutions to help them drive their video content. The unique part of our technology is that it provides on-request access to over 75k videographers across the country to capture any video, anywhere, anytime.

What are the core strategies you focus on at Stringr for global business development? How does it impact your customer experience initiatives?

We want our partners to truly see the value in our product, so we provide the opportunity for them to test it out. Give it to their teams to really put the test to make sure it meets their needs. This provides tremendous value for both the partner and for us, as we can determine the right level of activity moving forward.

What is the current state of “world-class sales practices”? Could you elaborate with some examples?

The internet has provided us with tremendous information. It’s so important in our business to take time to do a little research on the company you are trying to work with, as it will make the initial outreach and conversation more impactful. If you turn them into a customer, it’s equally important to keep up to date on information. But to be a world-class sales organization you have to provide value to the industry regardless of if you land the customer or not. Be active in the community that you are working in — continue providing insights, articles and interesting ideas to your network. Understand the bigger picture and help in any way you can.

What is the sales culture that you represent? Why is it important to build a sales-focused culture for any business?

I think it’s important to build a team that is passionate about the industry they are part of.  Everyone in the organization is a salesperson. It might not be their day-to-day job to seek out, meet with clients and sign deals, but to understand the product and be able to tell the story of why we exist, what problem we solve, and how companies can use us.

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How do you achieve this culture balance at Stringr? What percentage of this is driven by the application of technology, reporting tools and coaching?

Everyone at the company has an extremely important role when it comes to how we work with partners. While not everyone works directly with clients, it’s important they understand the value of their work and how it feeds into the success of the business.

What are the major pain points for sales-driven companies in leveraging Customer Experience technologies for their own benefits and for business development?

I think you lose a level of personal touch and connection when leveraging technology for any type of customer interaction.

What are your predictions and observations on the “Role of Chatbots and AI Conversations” influencing CX-driven sales journeys?

The technology has gotten so much better over the years and I can imagine it will only get better. I think there is a tremendous upside to using technology in these areas, but there should always be immediate access to a human.

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My Sales Magnifier

Your advice to Sales Performance and Enablement executives –

Be part of a team that supports you, that you can collaborate with and that will take your feedback from conversations you are having in the market.

Tag a person whose answers to these questions would like to read from the industry.

Andrew Budkofsky, Rolling Stone

Thank You, Drew. We hope to see you again, soon.

stringr Logo

Stringr is an innovative platform that allows media organizations to browse, request and purchase video from a growing network of 60K contributors. It is the largest contributor network of its kind and provides a simple solution for outlets seeking videos.

SVP of Sales at Stringr, Drew Berkowitz is a strategic and creative revenue leader, providing insight and industry perspective, generating new revenue streams, increasing awareness and partnerships across brands, agencies, platforms, publishers, creators and more.

The Pedowitz Group Announces New Revenue Marketing Report in Support of High-Level Marketing Professionals

The Pedowitz Group (TPG), the only Revenue Marketing firm in the world, has released the Revenue Marketing Index 2019 Report​.The report supports marketing professionals in their ongoing efforts to operationalize business accountability, enhance digital transformation and improve the customer experience.

Revenue Marketing is the combined set of strategies, processes, people, technologies, customers and results. In turn, the revenue marketing model measures marketing successes to produce scalable, reproducible results and increases ROI.

The Revenue Marketing Index 2019 Report delivers information with data collected from over 1,000 marketers. Marketing professionals can glean the information needed to develop their strategies to go digital, engage customers and grow revenue.

And the report isn’t just a set of data with trends. As Debbie Qaqish, chief strategy officer and principal at The Pedowitz Group, states, “The RMI (Revenue Marketing Index) Report should be read, digested and applied as THE benchmark for 21st-century marketing performance. Every CMO who is struggling to lead digital transformation, connect with the customer and drive financial results knows that in today’s marketing environment, the 4P’s are no longer good enough. Yet, without a set of organized standards, CMOs continue to struggle. Until now. Based on the survey results of over 1,000 marketers and thousands of hours of consulting time helping marketing organizations transform, the 2019 RMI Report provides the first comprehensive set of marketing performance standards with a scoring system. Finally, CMOs have a holistic framework for success, can assess their current state and plan for their future state while comparing their performance to the market.”

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Marketing, in the financial sense, is at risk due to the difficulty in proving its true value and because consumer purchasing today is radically different than in years past. The Revenue Marketing Index 2019 Report will help marketers navigate the ever-evolving revenue marketing landscape by transforming marketing into a revenue center with exceptional accountability while enhancing each customer’s journey.

Kevin Joyce, VP of strategy services at The Pedowitz Group, explains, “In the past five years, progressive CMOs have started to transform how their organizations operate, but they haven’t had a yardstick with which to measure their progress in many areas other than business results.”

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The Revenue Marketing methodology turns strategy into action. Since 2010, over 1,000 companies have used Revenue Marketing to go digital, engage customers and grow revenue in a Repeatable, Predictable and Scalable (RPS) way. The Revenue Marketing Index 2019 Report condenses the experience from all of these organizations into a single study, giving marketers a very real and pragmatic approach to meet their goals and earn a seat at the revenue table.

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Chorus.ai Brings Smart Playlists to Mobile

Conversation Intelligence Platform Uses AI to Optimize Sales Coaching On-The-Go

Chorus.ai, the leading Conversation Intelligence Platform for high-growth sales teams, announced Smart Playlists for mobile. Built to securely capture, store and analyze sales calls and meetings, Chorus.ai solves the challenge of maximizing the opportunity of managers to impact team performance through coaching, even with limited time.

Today @chorus_ai announces Smart Playlists for mobile. The Platform uses #AI to optimize #sales #coaching on-the-go

The Chorus Mobile app, paired with proprietary Smart Playlist technology, surfaces critical moments from sales calls that a manager should review, and allows them to provide personalized feedback to their teams. Using the mobile app, sales reps can now better prepare for customer interactions by reviewing sales calls, key moments and manager feedback while on-the-go. The solution proactively identifies patterns within conversations, and automatically curates playlists of relevant calls utilizing Chorus.ai’s proprietary AI-driven technology. With the Chorus Mobile app, users are no longer tethered to a computer and can take coaching and call preparation with them anywhere.

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“Our mobile app is designed for managers and executives that are away from their desks, commuting, or traveling and need the ability to stay on top of their most important deals and customer conversations,” said Roy Raanani, CEO and Co-Founder of Chorus.ai. “It’s the next step in helping our customers drive better sales outcomes through technology.”

According to Gartner, by 2020, 30 percent of all B2B companies will employ artificial intelligence to augment at least one of their primary sales processes. Chorus.ai’s sophisticated AI engine powers Smart Playlists to increase efficiency in business conversations. Designed to improve how leaders manage sales teams, Smart Playlists enables managers to curate a collection of the most important call moments to train and onboard reps.

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“Other vendors in the industry are still in the infant stages of AI application, but we have true AI technology that is proven to make sales teams better at their jobs,” said Raanani. “By using AI to automatically identify the most critical calls that need to be reviewed, we’re providing ability for busy reps, managers, and VPs of Sales to find the calls that most need their attention.”

Companies such as Adobe, Zoom and Procore use Chorus.ai to improve sales conversations. Chorus.ai was also recently named a finalist in the Artificial Intelligence Excellence Awards and Gold Stevie Winner for Sales Performance Management for its Smart Playlist technology.

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Zaius Introduces Zam, the Marketing Assistant Built to Help Marketers Delight Customers at Every Interaction

Zaius, Recently Named ‘Best CRM’, Is Used by Global Brands to Connect Customer Data, Analyze for Targetted Segmentation, and Orchestrate Customer Interactions

Zaius, the architect of Assisted Marketing, unveiled Zam, the data science-powered marketing assistant that supercharges the award-winning Zaius customer relationship management (CRM) platform. Zaius is the only CRM to provide the visibility of a Customer Data Platform, the cross-channel campaign functionality of a next-gen Email Service Provider, and the intelligence of data science.

Zaius provides marketers with a complete view of their customers, connecting all customer data sources, stitching identities of both known shoppers and anonymous visitors, which enables deep segmentation, precise personalization, and cross-channel campaign orchestration. With Zam, marketers harness the power of data science throughout the CRM platform, without the need for endless data-diving.

Zam is the industry’s first automated marketing assistant that translates the power and intelligence of data science into assists – a new kind of prescriptive and directional guidance – to optimize marketing programs and inject relevance into customer relationships. Zam uniquely trains itself on each brand’s data, doing the heavy lifting of surfacing opportunities, automating tasks, and streamlining execution, so marketers can efficiently realize their potential.

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“From CRM to paid media to site merchandising, Zam empowers my team to plan for success and pivot quickly to capitalize on ‘hidden gems,”’ said Sam Wilson, Senior E-commerce Marketing Manager, Richer Poorer. “It reveals layers of marketing and business intelligence that we don’t get elsewhere.”

Assisted by Zam, Zaius users now have predictive and descriptive capabilities including:

  • Predict Customer Behavior: Marketers can anticipate each shopper’s likelihood to purchase in real-time, and seamlessly launch behavioral triggers. Predicting each shopper’s behavior provides a clear path to more relevant messaging throughout the lifecycle.
  • Uncover Hidden Product Opportunities: Zam helps marketers and merchandisers uncover product opportunities by knowing and understanding which products are performing well and which are not. Zam surfaces promising products based on a customer’s previous behavior and current intent, allowing you to re-merchandise the right products to the right shoppers.
  • Personalize Messaging: With native product recommendations embedded into the CRM, marketers can connect shoppers with the most relevant products that they are likely to buy.

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“There is no ‘one-size-fits-all’ predictive model. To inject true value into a brand’s relationship with its shoppers, models must adapt to your unique business and continue to learn as they gather more data,” emphasized Spencer Pingry, Zaius founder and CTO. “Zam leverages a brand’s event level stream of customer interactions including product detail views, promotional offers, content viewed across channels, and more. We take care of data science so that you can take care of your customers.”

The release of Zam follows a string of value-added functionality augmenting the Zaius B2C CRM platform, including the launch of web modals, expanded behavioral segmentation, and frictionless onboarding through turn-key eCommerce integrations, such as Shopify, and automated IP warming.

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InGenius Software Announces Integration with Unified Service Desk for Microsoft Dynamics 365

InGenius Software Inc., a computer telephony integration (CTI) solution innovator, is pleased to announce a new integration for InGenius Connector Enterprise with Unified Service Desk (USD) for Microsoft Dynamics 365.

With the new integration, the InGenius interface is brought into the USD window for a “single pane of glass” experience for contact center agents. InGenius allows agents to take advantage of features such as click-to-dial, screen pop, automated call logging and screen transfer without leaving the CRM, resulting in an increase in efficiency and personalized service for customers.

Unified Service Desk for Microsoft Dynamics 365 is a desktop solution that provides a synthesized, 360-degree view of customer data for users. USD makes use of Microsoft’s Unified Interface framework, which uses responsive design to ensure a good user experience on every screen size. This framework also gives USD the ability to load URLs or pages from Dynamics 365, and ensures InGenius fits alongside CRM data, but does not cover it.

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“As a Silver Microsoft Partner, we’ve been able to work with the Microsoft team to ensure we provide a seamless user experience for contact center representatives within Unified Service Desk for Microsoft Dynamics 365,” said Kari Simpson, Vice President, Product Management and Marketing at InGenius. “Our CTI solution allows sales and service teams of all sizes to take advantage of productivity enhancements. Empowering agents with effective tools translates to profound results when looking across an entire enterprise organization. We’re very pleased to be working alongside Microsoft to break down data silos and streamline business processes for modern contact centers.”

InGenius Connector Enterprise supports integration for Unified Service Desk version 4.0 for Microsoft Dynamics 365 version 9.1. Supported phone systems include Avaya Aura Communication Manager, Cisco Unified Contact Center Enterprise, Cisco Unified Contact Center Express, Cisco Unified Communications Manager, Cisco Packaged Contact Center Enterprise and Genesys PureEngage.

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InGenius helps users reduce clicks and easily view a consolidation of phone and customer data in the CRM. With standard features and flexible configurations, InGenius helps users decrease their call handling time while providing a better experience to their customers and prospects.

InGenius Software is a Silver Microsoft Partner and a Microsoft Partner member of D365UG/CRMUG. The company’s CTI solution, InGenius Connector Enterprise, is a published app on Microsoft AppSource.

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Evercore Selects Salesforce to Transform Client Engagement

Evercore Will Utilize Salesforce as a Key Component of Its Global Digital Transformation Strategy to Streamline Data and Enhance Client Relationships

Salesforce, the global leader in CRM, announced that Evercore—the leading global independent investment banking advisory firm—is deploying Salesforce to optimize client relationships by consolidating existing client data into a single global platform.

Evercore was ranked in 2018 among Fortune’s 100 Fastest-Growing Companies. To keep up with its growth and the demands for greater speed and efficiency, Evercore decided to invest in a technology platform that builds upon its current processes and is scalable. Evercore selected Salesforce as its technology partner to leverage the platform’s latest advancements, specifically around integration, mobile and artificial intelligence.

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“Our bankers are among the best and brightest in the industry and we want to equip them with the best technology to provide them with the most accurate and relevant client information the moment they need it,” said Tim LaLonde, Chief Operating Officer of Investment Banking at Evercore. “We envision Salesforce as becoming central to our teams’ everyday workflows, enabling our bankers to efficiently expand and enhance their client relationships.”

Evercore will use Salesforce Financial Services Cloud, MuleSoft, Einstein Analytics and Pardot to provide its bankers with a unified platform to manage client interactions from anywhere in the world and across devices. MuleSoft will enable Evercore to easily connect data into Salesforce, ensuring every banker gets a 360-degree view of their clients. Einstein Analytics, powered by artificial intelligence, will surface insights to help Evercore’s team continue to make smarter, data-driven decisions. Pardot will allow Evercore bankers to maintain client engagement at scale with the ability to send personalized email updates on the latest and most relevant industry news and trends.

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“With Salesforce, Evercore is laying the foundation to build smarter, more proactive and personalized relationships with each and every client, centered on trust and transparency,” said Rohit Mahna, SVP of Financial Services at Salesforce. “They have an incredible vision to use innovative technologies including AI to elevate the game of every banker—we are thrilled to be a trusted partner to them on this journey.”

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Acqueon and Selligent Partner to Integrate Customer and Marketing Data to Engage and Maximize Every Consumer Interaction

Acqueon Technologies Inc., a leader in proactive customer engagement management, and global B2C marketing automation company, Selligent Marketing Cloud (Selligent), announced a formal partnership to arm enterprises with the ability to leverage customer journey analytics and preferences, spanning both customer support and digital marketing, to determine the next best actions for customer engagement. The goal is to empower sales and service agents with the real-time, contextual intelligence necessary to maximize the potential of every customer interaction.

“In businesses today, digital marketing and contact center teams operate in isolation, yet they both interact with customers and prospects every day – in different ways,” said Ashish Koul, CEO of Acqueon. “Through our partnership with Selligent, we are bridging this divide and enabling organizations to uncover intelligence and take action based on the context of an individual’s combined interactions with their business. This AI-driven customer engagement data leads to more engaging and profitable sales conversion and service satisfaction.”

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The integrated solution combines data science, machine learning, AI, customer journey visualization and predictive analytics to enable organizations to reach the right person, with the right information, via the right channel, at the right time. The result is an optimized customer interaction, which results in better brand loyalty, increased revenues, and decreased costs for the enterprise.

“The functional silos that exist within organizations today limit customer experience to a series of very disjointed conversations across a consumer’s lifecycle,” said John Hernandez, CEO of Selligent. “Manually piecing together data across multiple sources – from marketing to sales to service – to get a full view of the customer relationship does not provide brands the informed yet real-time response rate that consumers today demand. The Acqueon-Selligent offering bridges this divide to drive elevated customer experiences for consumers and strategic business growth for our clients.”

This combined Acqueon-Selligent solution is comprised of Selligent Marketing Cloud, the ultimate experience platform that connects and provides visibility into inbound and outbound interactions across the entire customer journey, and Acqueon’s Customer Engagement Platform, which arms enterprises with omni-channel customer and operational analytics to determine next best action with customers, prospects and payers.

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Benefits of the Joint Solution:

  • Deliver personalized messages at every stage of the customer lifecycle, turning interactions into meaningful conversations
  • Manage individual customer relationships – at scale – across all channels (email, mobile, web, social)
  • Engage in meaningful dialogue with customers through journey visualization and analytics
  • Drive context across all interactions with a brand with a 360-degree view of the customer for contact center agents, supervisors and marketers

Through this partnership, Selligent and Acqueon deliver a differentiated solution that will foster emotional connections between consumers and enterprises.

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Netcore’s AI Engine ‘Raman’ Boosts Kotak Securities’ Email Communication Performance by 25%

Raman brings AI/ML capabilities to Netcore’s Smartech marketing automation & analytics suite, to give real-time, actionable, intelligent insights to help Kotak Securities increase their customer engagement 

Netcore Solutions, a global marketing technology company, announced that Kotak Securities has achieved a 25% rise in its email open rates and lead conversions in customer engagement by using Netcore’s Artificial Intelligence (AI) Engine ‘Raman’. This achievement is yet another case of successful use of futuristic technologies such as AI and ML (Machine Learning) by brands seeking to grow their digital marketing Return on Investments (ROI).

Netcore’s Smartech is the AI-powered marketing automation & analytics suite by Netcore Solutions. Netcore recently named its AI engine as ‘Raman’, as a tribute to two renowned Indian scholars – Nobel Laureate & Physicist CV Raman, and the mathematical genius S. Ramanujan.

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Kotak Securities leveraged the Send-Time Optimisation (STO) feature of Raman’s ML suite. Companies use it to communicate with the right customer at the right time, i.e. when the customer is most likely to be engaged on a particular channel – in this case email. Backed by actionable analytics, STO gathers data from the user’s pattern of use of the inbox to arrive at times when he/she is most likely respond to email communication from the brand.

The emails then get triggered around those times, so that the brand’s email lands into the customer’s inbox under the ‘primary’ tab rather than under the ‘promotions’ tab when the user is most likely to access the same. This is how brands are able to boost top-of-mind recall and potential conversion by adding another dimension of personalisation to their engagement campaigns.

Jaimit Doshi, EVP – Marketing, Kotak Securities explained, “Send Time Optimisation as an ML feature on Netcore’s Smartech has given us an uplift of 25% in open rates. This has led to increased clicks, resulting in increased lead conversions. We can now reach out to customers at the most optimal time personalising the entire outreach.”

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Kalpit Jain, Group CEO at Netcore Solutions, said, “The results of using Raman’s ML capabilities to boost lead conversions for Kotak Securities’ have been very encouraging. Kotak Securities is blazing the trail for brands in this space to adopt AI/ML to augment their capabilities in marketing. We are moving towards a future where AI-first companies will have a distinct competitive advantage, improving not only their marketing ROI but also their brand value and customer relationships through hyper-personalised engagement at every stage of the customer lifecycle, across both web and app platforms.”

AI/ML in marketing automation are playing a pivotal role in further transforming the marketing domain, with features such as content optimisation, preferred channel, smart segmentation, and more. These features will further empower marketers to optimise their multi-channel marketing efforts, critical to deliver personalised experiences at scale.

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Lattice Engines Launches Next Generation Always-On Campaigns App for Marketo

Lattice Engines, the world’s first and largest B2B Customer Data Platform, announced that it has launched the Lattice Audience Activation App for Marketo. The new app enables Marketo customers to engage buyers with hyper-personalized messages using always-on engagement campaigns. Lattice Engines is a member of LaunchPoint by Marketo as part of the Accelerate partner program.

“Marketing teams need their own single source of truth so they can get a deeper understanding of their customers and for creating audiences for 1:1 omni channel programs,” said Chitrang Shah, VP of Product at Lattice. “We’re thrilled to be helping Marketo customers get more out of their marketing automation investment by empowering them with the analytics and insights they need to create personalized buyer journeys.”

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The new app enables Marketo customers to easily execute hyper-personalized campaigns and sales plays against audiences built using the analytics and insights from Lattice. As prospects make their way down the buyer journey, the app dynamically ensures that they are being engaged by the right campaigns in Marketo – without manual intervention. The application’s segmentation capabilities also enhance a marketer’s ability to operationalize account-based marketing (ABM) at scale.

With Lattice Atlas, B2B marketers can deliver better outcomes for their omni channel campaigns and ABM programs across the entire revenue funnel by doing the following:

  • Connect all available 1st and 3rd party data to create a 360-degree view of customers and prospects
  • Segment audiences using AI and data to identify the most attractive targets and next best actions
  • Activate audiences across all channels to drive hyper-personalized omni channel campaigns and programs‍

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“Creating personalized and engaging buyer journeys are the cornerstone of our ABM programs,” said Ben Coffee, Head of Marketing Operations at LiveRamp. “By using Lattice as the AI and data foundation for targeting and segmentation and Marketo for campaign automation and execution, we’re achieving new levels of engagement and conversion from our target accounts.”

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