What Does a Marketing Technology (Martech) Analyst Firm Do?

What Does a Marketing Technology (Martech) Analyst Firm Do?

What Does a Marketing Technology (Martech) Analyst Firm Do?

Marketing Technology Analysts specialize in market analysis and provide advisory services to their clients. Analysts provide market research by analyzing trends, features, and technology. 

  • Martech Analyst firms provide critical information about industry trends and vendor performance.
  • Analysts can help you make better decisions because they know about technology trends.
  • Martech Analysts do Market Research. Market Research is the process of discovering the needs and wants of a specific group of people. Companies use market research to determine whether there is a demand for a particular product or service.

How Do Analysts Conduct Market Research?

Researching the market involves conducting direct research with potential customers to determine whether they would be interested in using a new service or product. Market research helps companies discover their target market and get feedback from customers about their products or services.

Analysts will do research using surveys, product testing, or focus groups to gather feedback from potential clients. Researching the market for a new product or service is an essential part of R&D. 

Use Market Research to Find Customers.

Market research blends consumer behavior and economic trends to confirm and improve your business idea.

It’s crucial to understand your consumer base from the outset. Market research lets you reduce risks even while your business is still just a gleam in your eye.

Analyst firms can help you to answer the following questions to get a good sense of your market:

  • Demand: Is there a desire for your product or service?
  • Market size: How many people would be interested in your offering?
  • Economic indicators: What are the income range and employment rate?
  • Location: Where do your customers live, and where can your business reach?
  • Market saturation: How many similar options are already available to consumers?
  • Pricing: What do potential customers pay for these alternatives?

Analysts Conduct Competitive Analysis to Find a Market Advantage.

Competitive analysis helps you learn from businesses competing for your potential customers. Defining a competitive edge creates sustainable revenue.

Competitive analysis identifies your competition by product line or service and market segment. Some of the following elements define the competitive landscape:

  • Market share
  • Strengths and weaknesses
  • Your window of opportunity to enter the market
  • The importance of your target market to your competitors
  • Any barriers that may hinder you as you enter the market
  • Indirect or secondary competitors who may impact your success

What Are the Benefits of Working with an Analyst Firm?

Getting to know analysts who are experts in their field is a good way for your company to understand what is happening in the market and how major technology vendors are doing in that market. Analysts can often be helpful when it comes to vendor choice. Analysts also understand technology trends and know which technologies enterprises need to be aware of. Analysts can play a significant role in helping companies leverage technology.

How Do I Choose an Analyst Firm?

Whether you need regular advice, cutting-edge research, whitepapers, or well-rounded coverage areas, you’ll want to evaluate your enterprise’s needs when choosing an analyst firm.

AIContentGen is a Different Kind of Analyst Firm.

AIContentGen focuses on Artificial Intelligence Software for Content Marketing

Do you want advice from analysts who just study the market or marketing practitioners who use AI Content Generation Tools themselves?

AIContentGen’s senior analysts are longtime marketing practitioners currently running their own companies.  With expertise in Strategy, Content Marketing, SEO, Public Relations, Agile Marketing, Blogging, and more.  They live and breathe marketing. They know how technology can positively impact your business.

Our analysts understand the importance of theory and strategy and know that strategy execution is critical for success.

If you’re curious about how we can help, then reach out and introduce yourself to AIContentGen.

See the AI Content Generation ScoreCard and Analysis

Cover Page AI Contnent Generation Scorecard

Take Me to the report!  (Click)

AI Market Growth Predictions for AI Content Generation in 2022

AI Market Growth Predictions for AI Content Generation in 2022

The AI market growth for content generation is rapidly evolving. One indicator for that growth is the increase in the number of companies in the artificial intelligence industry. To prepare AIContentGen’s report AI Content Generation Scorecard over 50 AI writing software companies were reviewed, eventually choosing 20 companies to include in the scorecard.

How fast is the AI market for copywriting software
growing?

50 companies! Holy Bleep!

That was my reaction as a practicing marketer when Scott Sweeney and I discovered how many companies were in the market for AI copywriting. Every fast-growing market has an initial phase of explosive growth followed by a longer period of slower but steady expansion. In his book “Crossing the Chasm”, Geoffrey Moore describes the early stage of new technology adoption by describing an innovation curve where there were several stages for any new product or service before becoming mainstream. 

Most large organizations have customer relationship management (CRM) systems; for example, salesforce has over 150,000 customers! Multiply that by the number of companies using Salesforce, Microsoft Dynamics 365, Oracle Eloqua, HubSpot, Marketo, Piped. For CRM systems there are barriers to entry for new software companies and the use of the technology. While for the AI content generation market — where the barrier to entry is low enough so that anyone could potentially use the software — there’s the possibility of hundreds of thousands of customers using such software. 

We created the AI Content Gen­eration Market Map because we want to help you understand where content generation technology stands today. The size of the potential market was enough to give us pause, but there was another thought that came into play — one that made us realize that we needed to rethink how we approach our client’s content creation processes. If internal terms don’t take advantage of these opportunities, they would be at a competitive disadvantage.

From looking at the Google Trends volume over time for some specific AI writer-related keywords, we see that their use has gone up quite considerably in recent years. In fact, the U.S. isn’t even leading when looking up keywords such as “ai writer,” “ai copywriting,” and “ai writing.”

Google Trends on AI terms for the last five years

Google Trends Volume for the Last Five Years

AI Google Searches by region past five years

The United States isn’t even the leading country for searches on terms

 

 

 

 

 

 

AIContentGen 2021 AI Content Generation Market Map

Click to View a PDF with links to the AI Content Generation Vendors:

AI Content Gen Market Map 2021 Landscape   

AI Content Gen Market Map-2021 -Portrait

We created an AI content generation market map showing the growing number of companies entering the space. Over half of the 50+ companies started within the past 2 years were founded between 2020 and 2021.

The rise in the founding of AI content generation companies has happened because the technological barriers to starting an AI content generation company have dropped because of the introduction of GPT-3 by OpenAI in June 2020. And the pace of development in large language models has only increased. 

Subscribe to our blog to receive up-to-date market info on the AI Content Writer Market.

See the AI Content Generation ScoreCard and Analysis

Cover Page AI Contnent Generation Scorecard

Take Me to the report!  (Click)

AI Will Bring Disruption To the Existing Content Playbook – Publishing The AIContentGen Scorecard

AI Will Bring Disruption To the Existing Content Playbook – Publishing The AIContentGen Scorecard

We’ve released our analysis and scoring tool for AI Content Generation Tools today! It provides insight into which products perform best across various categories like ease of use.  In addition to highlighting the conditions that led to the rise of the AI content generation market, the report examines some of the major players operating within the sector today. We believe a surge of new artificial intelligence companies will disrupt the current content marketing playbook for managing the production of text content, and that’s why we wrote the report. 

The scorecard report was written to help answer some key questions that internal marketing and communication teams are asking: 

  1. How will AI content generation tools help me to reduce time to market, increase content production, content quality, and retain writing staff? 
  2. What makes a good ai content generation tool? 
  3. What attributes should my team be looking for from an AI content generation tool? 
  4. What are some of the best ai content generation tools available in the market? 
  5. Why has the AI content market grown so rapidly?

You can purchase the report here. We intend to publish updates to the report, with more insights on the use of AI content generation in 2022. 

 

See the AI Content Generation ScoreCard and Analysis

Take me to the report!