How to build an MTO
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Benefits of <strong>an</strong> <strong>MTO</strong><br />
The benefits of <strong>an</strong> <strong>MTO</strong> c<strong>an</strong> vary depending on the size of your comp<strong>an</strong>y, challenges it faces<br />
in digital, org<strong>an</strong>izational structure & a host of other fac<strong>to</strong>rs.<br />
Here are a few benefits you c<strong>an</strong> articulate that should strike a chord with your m<strong>an</strong>agement<br />
The ability for business partners<br />
<strong>to</strong> achieve their digital goals is<br />
crucial for the success of the<br />
comp<strong>an</strong>y.<br />
The creation of a business<br />
owned <strong>MTO</strong> allows you <strong>to</strong><br />
execute, m<strong>an</strong>age, measure<br />
<strong>an</strong>d optimize digital initiatives.<br />
The business knows best what their<br />
goals are <strong>an</strong>d control over the<br />
technology stack that delivers on<br />
them is highly beneficial.<br />
The business needs <strong>to</strong> own <strong>an</strong>d<br />
m<strong>an</strong>age its own Marketing<br />
Technology stack <strong>to</strong> have ownership<br />
of strategy, budget <strong>an</strong>d direction so<br />
they c<strong>an</strong> effectively achieve their<br />
goals.<br />
In org<strong>an</strong>izations where there are no<br />
common goals between dependent<br />
partners, it is hard for marketing <strong>to</strong> be<br />
successful due <strong>to</strong> the conflicting<br />
priorities.<br />
As <strong>an</strong> org<strong>an</strong>ization you need <strong>to</strong><br />
underst<strong>an</strong>d how much you are<br />
spending on your Marketing<br />
Technology.<br />
You need <strong>to</strong> see where your<br />
spend is staying level, going up or<br />
going down. You also need <strong>to</strong><br />
underst<strong>an</strong>d MarTech spend<br />
allocation. Ask your leadership<br />
questions like the ones below.<br />
Is money moving from IT <strong>to</strong> the<br />
business? <strong>How</strong> much has been<br />
allocated <strong>an</strong>d at what growth<br />
rate year over year? Is the dollar<br />
investment at the levels the<br />
business needs <strong>to</strong> support their<br />
business goals?<br />
www.249labs.com<br />
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