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2021 Marketing Operations Report - MOPS Increases the Impact of Marketing | Sojourn Solutions

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— 3 — FOREWORD The Case for a Defined MOPS Function is Clear What separates the top-performing B2B organizations from the rest, enabling them to drive revenues and rapidly adapt to change (like a global pandemic)? The answer is Marketing Operations (MOPS). As managing partners at Sojourn Solutions, we've built our business careers helping marketers drive what matters most – results. We've had a front-row seat on the emergence of MOPS, which blends technology, processes, and people to enable businesses to not only focus on their customers and prospects but to also generate pipeline and revenue. The fact that MOPS has continued to grow in importance since our 2019 MOPS report, as this 2021 MOPS report clearly indicates, is anything but a surprise to us. The findings of this report paint a picture of how a defined MOPS function adds value in multiple ways. 1. Companies with a defined MOPS function outperform, and are more adaptable than, companies that lack a defined MOPS function. While any successful marketing organization knows their customer and can create a strong demand generation program, the bigger challenge, based on our decades of experience, is how the organization transforms that demand and lead generation into actual pipeline and revenue. Solving that issue sounds simple, but we've seen countless companies struggle with it. MOPS enables nurtured leads through each stage of the funnel, coordinating with different marketing channels and business functions as needed to ensure that messaging, as well as technology, processes, and people, are all working together holistically to drive revenues. If you get anything wrong along the customer journey, and have gaps in your marketing operations, leads will simply leak out of your funnel. MOPS also supports agility -- a company's ability to adapt to changing customer demands. MOPS lets you fine tune marketing to support agility rather than starting from scratch every time customer behavior or expectations change. If 2020 proved anything, it's that agility matters, especially when it comes to driving digital-first customer experience. 2. MOPS optimizes the relationship between marketing and technology. We've seen too many marketing teams randomly purchase technology without having a strategy or plan in place for its successful adoption and utilization. It's no accident that (as our new report finds) the stronger a company's MOPS function, the better they do (1) deciding on the right technology and (2) integrating that tech into their organization, meaning, not just systems integration but also having the right people with the right training so that the technology actually delivers value.

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