Overview
Martech, also known as Marketing Technology, refers to the software and technology tools marketers use to achieve their goals by measuring marketing campaigns, optimizing and personalizing communications with customers, and maximizing sales. Such tools can be SEO tools, marketing platforms, CRMs, CDPs, DXPs, experience platforms, and others.
With the commercialization of personalized location-based services rising, the high demand for tailored location-based services is projected to boost the current marketplace.
For companies, big data analytics tools, new channels, and solutions to increase conversions in the sales funnel are especially relevant. The participation of startups in the MarTech track will allow young technology companies to build new partnerships, improve their product from a commercial point of view, and MegaFon will find for itself those technologies that will allow them to solve the tasks and challenges facing the corporation today.
Ksenia Borbacheva, Deputy General Director of the Moscow Innovation Agency for tekdeeps.com
Recently published ‘Martech: 2020 and Beyond’ report shows that the global Martech market is currently worth an estimated $121.5 billion, a 22 percent increase year over year.
Marketers’ reliance on marketing technology has increased in recent years, owing to the rapid shift in customer behavior toward digital media and the requirement for companies to be present where their customers are.
In just under ten years, the market landscape has grown to include more than 8,000 vendors, representing a more than 5,000 percent growth rate.
According to a Gartner survey of CMOs, although marketing expenditures have been reduced due to the COVID-19 outbreak, the amount spent on marketing technology has remained strong, with Martech taking a 26.6% share of marketing budgets.
Source: Gartner survey of CMOs
As brands continue to emphasize customer experiences rather than specific media, technology that aids marketers in experience optimization and tracking is emerging as a new areas of the Martech space. The future of the industry lies in the adoption of the latest technology focusing on customer experience as the Internet of Things (IoT), Artificial intelligence (AI), and cross-device identification (XDID).
Namepicks
Mux
Mux is a US-based video platform for developers that provides API to power video streaming and analytics. The company reached Unicorn status with a total of $173.9 million raised funding over 8 rounds. Mux is operating on the exact brand match domain name mux.com. Three letter .com domain names are extremely valuable – they are short, memorable and can stand for acronyms, making long brand names easy to share and adapt to audiences globally.
ContentGrow
ContentGrow is a managed marketplace and workflow platform for content teams worldwide. The platform automates several key processes that editors and content managers are typically required to handle manually. ContentGrow has chosen the exact brand match domain name contentgrow.com. Short and descriptive names are a common choice for many successful brands, as SmartBranding pointed out in the report A Decade in Domains.
Later
Founded as the first-to-market Instagram scheduler in 2014, Later was initially called Latergramme. The company quickly grew from a simple Instagram tool to the #1 visual marketing platform for Instagram, Facebook, Twitter, and Pinterest. And so they got a name to match that – Later.com. Now with over 6 million users globally, Later is a member of the Instagram Partner Program and a Pinterest Marketing Partner.
ZoomInfo
ZoomInfo is a SaaS platform that helps marketing professionals to identify, connect and engage with qualified prospects. ZoomInfo collects, organizes, validates, and publishes a comprehensive directory of business data using a diverse portfolio of proprietary technology, a community of 300,000+ users, and third-party integrations. The company made $293 million in revenue in 2019, up from $144 million the previous year. ZoomInfo is operating on the exact brand match domain name zoominfo.com.
Act-On
Act-On is a cloud-based integrated marketing platform designed for midsize businesses. The company was founded in 2008 in the Western US and has raised $93.5 million in funding over 9 rounds. Their latest funding was raised in March 2021. Act-On is operating on the exact brand match domain name act-on.com. Using a hyphen in a domain name is an often debated question. It is usually used to replace a space since you can’t have space in a domain or/and when the company can’t secure the matching .com without a dash. The downsides are confusion to customers who presume the brand name is written as they hear it, traffic leaks and email loss.
Moloco
Moloco is a Palo Alto, California, ad tech company that offers programmatic advertising solutions to help optimize acquisition, retention, and monetization campaigns. Moloco has raised a total of $191.6 million in funding over 6 rounds, funded by 6 investors. Tiger Global Management and Smilegate Investment are the most recent ones. The company has chosen the exact brand match domain name moloco.com.
Highlights
72 Martech startups have chosen the.COM extension for their online presence, with 68 operating on exact brand match domain names. The .COM extension is usually the best choice when looking for a domain name as it’s most familiar to the end-user and carries much more authority than an alternative extension.
.IO and .AI are the second and third choice among the companies on the list, still only accounting for 12 out of the 92 brands’ domain names. Both extensions are mostly used as abbreviations for frequently used terms in the technology world (AI and input/output). Not many people know they are, in fact, country domain name extensions.
While we make every effort to ensure the data on our site is accurate, complete, and up-to-date, we cannot guarantee its reliability. Our data is provided for informational purposes only and should not be relied upon as legal, financial, or other advice. We strongly recommend that you independently verify any information before relying on it.
Other resources
- Strategies for Success: Mr Marketology’s Tips on SEO, Domain Names, and AI in Marketing
- Super Bowl Ads: Role of Strong Domain Strategy and Effective Marketing Approaches
- Domain Name Strategies for Business Owners
- Barbie and Mattel: A Tale of Brand Protection and Market Leadership
How does your brand name match your company vision? What new horizons can a better name open? Get in touch if you feel your brand deserves a better name, we are always happy to help.
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