As discussed in our eBook How to Turn Your Website into Your Best Performing Salesperson, it's important for any brand to have a comprehensive inbound strategy which includes:
There are many steps to inbound strategy and doing them all manually is unnecessary. There are plenty of marketing automation tools to streamline the process from attraction to nurture to conversion.
It’s no exaggeration to say that HubSpot is the de facto leader of inbound marketing platforms. Not only are its tools consistently ranked as the #1 CRM in marketer polls, but the brand has established itself as an authority on inbound theory.
HubSpot divides inbound marketing into three stages:
At the end of the day, HubSpot’s entire inbound paradigm rests on the assumption that this methodology will result in sales and conversions. As a HubSpot partner (one of 2,481) we agree.
What it Does
HubSpot offers two main products: a sales platform and a marketing platform. The marketing platform is centered around the three-stage approach and boasts the ability to conduct all stages within the platform itself. This includes:
Because all these tools and features are integrated into the HubSpot platform, they share metrics with each other which enable a high level of personalization and prediction depending on where clients are in the sales funnel.
Price
Like most marketing solutions, HubSpot is a Software-as-a-Service (SaaS) with different price models depending on organization size. Its offerings range from $80 a month for smaller businesses to $3,200 a month for enterprises. HubSpot is ready out of the box, custom development is not required.
HubSpot also has a totally free offering called HubSpot CRM focused on building relationships with prospects. All in all, it’s a good way to get a taste for HubSpot before jumping on board.
Cisco’s Eloqua platform is oriented towards enterprises, with few options for smaller businesses. But if HubSpot did not consider Eloqua a formidable rival, it would not dedicate an entire page to this competitor.
Eloqua is focused primarily on lead nurturing rather than on lead generation. Its most celebrated feature is the email campaign builder, used to send and monitor offers or content to prospects.
What it Does
Eloqua has some of the same features that HubSpot boasts and lacks others. Like HubSpot it has:
Unlike HubSpot, Eloqua does not have:
All in all its fair to consider Eloqua a specialized automation platform, mainly tailored for B2B needs.
Price
As it is focused on enterprise customers, Eloqua runs steeply from $2,000 to $4,000 per month and custom integration of the platform is required. Large businesses will pay more.
While also oriented toward B2B customers, Salesforce Pardot is more like HubSpot than Eloqua. It offers a similar pricing structure, similar functionality, and tries to accomplish many of the same goals.
Pardot is part of the Salesforce Marketing Cloud, and sometimes these terms are used interchangeably. The platform is built in four separate categories:
What it Does
Pardot offers the same major features that HubSpot offers, with an emphasis geared on monitoring business goals such as revenue and ROI. Specifically, Pardot has:
As Salesforce is an industry leader in business analytics, it isn’t surprising that Pardot’s metrics are outstanding. Pardot offers a detailed overview of every customer, the success of every campaign, and projects future results.
Price
Salesforce charges customers based on functionality. The lowest cost for Pardot is $1,250 a month, and the highest is $4,000 depending on how many features a business wants. This cost escalates for organizations managing more than 10,000 contacts and custom integration of the platform is required.
The company offers a stripped-down version of Pardot called Salesforce Engage, focused on informing sales decisions with data. This tool costs $50 per month – but custom integration with Salesforce is still required.
Like Pardot, Marketo is geared towards B2B clients, and brands itself a “Marketing Automation Tool”. Unlike Hubspot, it does not actually have CRM features, meaning actual customer relationships are built outside of the product.
The platform is based on bundles, each with different focuses. Customers can choose some combination of:
What it Does
Marketo is an in-depth marketing tool focused on organizing actual campaigns and analyzing results. Its lead management features focus on predictive analytics to identify and segment ideal prospects for execution.
Although the platform lacks native CRM, it can be integrated with Salesforce.com, Microsoft Dynamics, and several others. With Hubspot, it shares:
Unlike Hubspot, Marketo does not include a blogging tool, a drag-and-drop landing page builder.
But as a notable advantage, its success path analyzer tool provides a broader perspective on the success of any given campaign, correlating specific marketing efforts with revenue fluctuation. Custom analyses can also be conducted.
Price
Marketo has a simple pricing structure for three categories: Professional, Enterprise and Ultimate.
These remain valid per 30,000 contacts. A customer can purchase “blocks” of new contacts for $200 - $300. It should be noted that when combined with Salesforce CRM, the cost of using Marketo may be much greater.
Conveyance Marketing Group is a team of bright, innovative and talented veteran marketers dedicated to big ideas, fresh insights and measurable results. We pride ourselves on taking challenging marketing issues and turning them into opportunities for our clients, on pointing brands in the right direction, and on getting our customers noticed both online and off. From branding to websites to digital marketing, and public relations, we handle all your marketing communication needs! Web Design and Development | Brand Strategy | Inbound Marketing | Social Media | SEO | PR