The marketing function plays an important role in the growth of businesses of all sizes. In today’s internet age, businesses have several tools for attending to customer needs and scaling market conditions. Despite all these available resources, many companies seek to market high-value projects in an effective way for optimal business outcomes. And that’s where agile marketing comes in. Here are some ways this type of marketing can make a huge difference for your business.
Growth
Many marketing circles, especially startups, have adopted agile methods to leverage marketing efforts for growth. Research shows that about 51 percent of modern marketers opt for agile marketing for increased speed. About 98 percent of businesses using agile marketing principles enjoy significant levels of success. This level of incremental delivery can be a great way for businesses to gain an advantage over competitors and enjoy consistent growth.
Productivity
Productivity is one of the key characteristics and indicators for thriving businesses. Productivity in marketing can mean a lot of things including conversions in a given time, ROI-worthy campaigns, optimum visibility, etc. Achieving productive results for a marketing team is easier said than done. A lot of the time, businesses using traditional ways compared to the agile method experience major hurdles in ensuring productivity. Marketing industry experts reveal the agile model to be two times more productive than traditional marketing. About 58 percent of agile marketers say that agile principles generate significantly improved and productive marketing results.
Sensitive to Change
Changes in trends, customer needs, and tools are a mainstay in the general marketing environment. Every marketing organization needs to stay on high alert anticipating these changes and building capacity to perform in multiple work environments. Agile marketing favors clear goals and indicators for every agile team member to facilitate individual tasks in the right direction. With enough clarity, your agile marketing team can find it easier to add modification inputs to a set amount of work in times of any small change.
Instead of a static plan with closed specifics, the agile model gives room for adaptation as teams discover new items and factors that can hamper productivity. Another effective way for businesses to reap the resilience benefit of this marketing is through hard data. Leveraging data allows agile teams to model, experiment, and test results, ensuring they rightly fit customer expectations. The best way to manage a rapidly changing environment is data management. It allows agile marketing teams to identify an obstacle or external interruption in real-time for active solutions.
Efficient Monitoring
Agile marketing implementation builds on the Kanban system of project management. The Kanban team is usually a small team handling one work item at a time. Often, the first step in an agile marketing workflow is to facilitate a daily stand-up meeting. Daily stand-ups bring all units in the team structure up to speed with the current stage of work.
In the long run, this byte-sized way of working makes it easy to measure multiple inputs and assess a team’s productivity. Agile disciplines in marketing also favor openness and unique culture of transparency. Every activity is recorded, and every result is monitored with dashboard metrics that ensure continuous improvement throughout a particular project.
Collaboration
Marketing involves a great deal of knowledge work which thrives best with teamwork. The agile process favors cross-functional collaboration with teams from multiple backgrounds providing unique insights for a full-circle understanding of every marketing problem and its fitting solution. Cross-functional teams can leverage diverse insights to ensure better work throughout a marketing organization’s hierarchy. Also, one of the main components of every agile team structure is frequent feedback. Agile marketing embraces failure, learning from feedback, and optimizing processes for iterative improvement.
