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Forrester Consulting's Research

Decent Essays

Today’s sellers are struggling to control the sales process, a phenomenon that gradually raised the last years as buyers have become highly demanding. Buyers have access on the web, seeking for information before they take a purchasing decision and they expect sellers to follow them in all stages – where they have been, what they saw, how long they stayed and what channel they used.

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Only 22% of consumers say the average retailer understands them as an individual, and only 21% say the communication they receive from the average retailer are “usually relevant”. Most companies understand how critical is to do better – 88% say their growth depends on personalising the customer experience – but lack the resources and expertise to design an improved customer journey. Only 37% believe they have the …show more content…

According to Forrester Consulting’s research (May 2013) in a sample of 157 marketing professional in the U.S., the majority of marketers simply uses marketing automation to scale and standardise marketing processes while a small amount of marketers is using marketing automation to transform marketing practices with a focus on consumer behavior across the available channels. This small amount of marketers who adopted a behavioral marketing strategy managed to to realise from higher return on marketing investment to higher contribution to sales and revenue.

Some of the key findings of this research showcased that only 17% of the participants assessed themselves as mature practitioners of behavioral marketing, but early adopters perceive significant benefits to become more buyer-centric. Behavioral marketers managed to grew revenue faster (53% versus 41%) and contributed more than half of the sales pipeline (20% versus

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