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Friday, 13 January 2023 15:03

How automation is accelerating business growth

By Guest Writer
How automation is accelerating business growth https://www.pexels.com/photo/business-charts-commerce-computer-265087/

GUEST OPINION: Achieving high sales in today’s market is more challenging than ever before. Businesses continue to spend a considerable amount on marketing resources, such as websites, ads, and emails to generate more revenue, yet they fail to yield proportional to new sales.

However, there has been a paradigm shift in the way businesses market their products. Now, they are automating marketing strategies to eliminate redundant tasks and focus on closing solid prospects swiftly. Continue reading to explore the benefits of marketing automation further.

1.   Cost Reduction With More Sales

Automation can increase sales productivity by 14.5% while keeping marketing costs low. It eliminates the need to outsource assignments to carry out repetitive tasks such as cleaning databases and arranging data and can simply rely on automation to get the job done. Automation also lowers the risks of performing costly mistakes by offering greater control and less variability.

Inbound marketing automation allows you to create targeted content specific to the needs and interests of the target audience, attracting leads that are likely to make a purchase. It also saves time by taking over email marketing campaigns and leads nurturing tasks, allowing you to focus on data analysis and new strategies.

2.   Attribution Made Possible

Automation enables you to measure and analyze marketing activities that lead to conversions, so you can set priorities accordingly. You can track the entire path of the user that led to a purchase, allowing you to understand which parts of your marketing strategy are working best for your customer needs and what needs improvement.

Note that in a multi-channel market, automation software makes marketing attribution possible, providing you with relevant customer information and suggesting the right tools to convert your target audience. This way, you can create digital marketing campaigns specifically targeted at the needs and interests of the customers.

Google recently released their AI-driven Responsive Search Ads that allow search engine marketers to generate ads with customized messages at scale. Automation coupled with attribution modeling can help you execute RSA best practices to boost customer engagement on your platform, establishing a high-performance system.

3.   Exposes Roadblocks and Highlights Where the Value Lies

Automation offers accuracy by continuously analyzing data and keeping the database tidy and organized so you can swiftly identify any roadblocks and bottlenecks within the marketing and sales processes. In addition, it provides visibility of where the value lies within those processes; for instance, you can determine whether your investment in Google Ads is benefitting your business or not. Through automation, you will always find detailed statistics on workflows, have an accurate overview of customers’ journeys through your funnel and have considerable control over every interaction between customers and your brand.

4.   Improved Accountability in the Workplace

Automated workflows increase team accountability by creating an audit trail. You can have a transparent view of every marketing interaction and effort initiative, ensuring all steps are followed and not unnecessarily derailed. You can also add an alert message or email notifying employees that work is not completed from their end so they stick to their commitments. Follow-up reminders are an effective way to ensure workers complete projects on time and meet KPIs.

Endnote

Marketing automation is an effective way to streamline your business’s processes. You can create content addressing the needs and pain points of the targeted audience and increase your chances of turning potential customers into buyers. In addition, you can achieve higher productivity, reliability, increased performance, and reduced operating costs with automation to better compete in the global market. If you want to stay ahead, consider automation and simplify recurring activities.

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