Is this an aggressive marketing move? Or, is this a step to
stay ahead in this social revolution age? Salesforce launching today its new
social media analytics software suite “Marketing Cloud” is regarded as a timely
push to bring in consumer social media features into business and industrial
settings.
Salesforce is no longer a company that provides only online
software managing your sales process. It has evolved itself to explore new
markets like social media marketing in order to sustain growth. Marketing Cloud
is a product of Salesforce's closely watched, $689 million acquisition of Buddy
Media. However, the company is getting tough challenge from its rival Oracle, which
has captured headlines with its social media-related acquisitions recently.
Marc Benioff, CEO and founder of Salesforce, said at the
Dreamforce conference 2012, “Are you and your company going through a social
revolution? We see your customers and your employees and your partners are all
connected.”
Yes, Mr. Benioff. You are right in saying so. Everyday or
rather every moment, big brands face challenges from social media either in the
form of opinions or reviews or customer sentiment. Listening, analyzing and
engaging – these are the three ways how one can counter the challenges and this
forms three closely-related market segments called Social Media Analytics, Social
Media Marketing and Social Media Consulting. All the big players like Adobe,
Oracle, Microsoft and Google have their own interest to dominate this market. This might be too early to predict who will win the race, but this
competition is slowly getting very interesting to watch out for.
Cloud and social media, both conceptually very close..
ReplyDeleteRadian 6 has been doing well so far and being a Salesforce product this will work better if they offer this as a package with Cloud...
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