The agency and consulting worlds have rapidly evolved over the last three years, deepening their technology expertise and offering new stack strategy services. Today there are many options for companies needing general or very specific stack strategy assistance.
Strategy, technology, and management consulting firms are now providing marketing technology services that range from strategy to implementation and management. In many cases, these firms are leveraging their IT expertise and experience to deliver a suite of complementary marketing services.
Large marketing agencies that have historically focused on digital media are extending their services to include stack strategy and construction. Agencies heading in this direction are typically taking one of two approaches to getting their arms around the marketing technology landscape; they are either establishing key partnerships with one or two vendors in each category and then developing deep expertise in those platforms, or they are staying vendor agnostic and knitting together a network of category experts whom they can call on to support specific client needs. Both approaches have merit.
Once your stack framework is in place, category/functional specialists and agencies can deliver exceptional value if you know what type of technology you need. You can find experts in virtually every technology category. Agencies that are category/functional experts (e.g., SEO, digital advertising) will in many instances source, deploy, and then manage technology on their client’s behalf. This is particularly helpful in resource- or expertise-constrained environments.
Some of the most interesting agencies are those that were created by founders with deep expertise in one or more anchor technology platforms (e.g., Salesforce, Marketo, and Eloqua), who built their businesses leveraging that core expertise. If you already have your anchor platforms or know which platforms you plan to implement, these agencies can deliver tremendous operational assistance; they can help with platform integrations, and drive a sensible expansion strategy to make sure that all the pieces in your stack work well together if you don’t have the resources in-house. As a side note: if you are an organization that is fully dependent on a single internal person to run your anchor marketing platform, we would recommend putting one of these agencies on speed dial in the unlikely event that your internal person decides to move on.
There is no right or wrong way to leverage consulting talent. You could choose a single firm to drive everything; you could hire a consultant to be the person who pulls multiple external resources together; or you can serve as the strategist who reaches out to specialists and agencies as needed.
Regardless of the strategy you employ, there are a few things to consider in selecting the right partners, beyond budget, basic capabilities, and cultural fit:
- Do your potential partners have a bias toward a specific product or suite of products? If so, this is not necessarily a bad thing, and could actually be a good thing. But, if they have a bias, you need to understand whether that bias makes sense in your environment.
- Do they bring practitioner expertise to the table? In working with someone to help evaluate and decide on a core anchor platform, we would make sure that they had deep practioner expertise in the product category or could deliver reference companies that are able to provide insight into the complexity of installation, use, and the ease of integration.
- What are the boundaries of their expertise? You need to know upfront how they augment your capabilities or where they might need to bring in additional external resources.
- What is the process they employ to stay on top of the latest technology trends and innovation? You need to make sure that your strategy won’t ultimately be limited by their lack of knowledge.