Beware hidden fees with Marketo -- 5-10% stealth increase YoY
Updated December 15, 2015

Beware hidden fees with Marketo -- 5-10% stealth increase YoY

Nick Ezzo | TrustRadius Reviewer
Score 4 out of 10
Vetted Review
Verified User

Software Version

Select

Modules Used

  • Marketo Lead Management
  • Marketo Sales Insight
  • Marketo Revenue Cycle Analytics
  • Marketo Real-Time Analytics

Overall Satisfaction with Marketo

We use both Marketo and HubSpot for marketing automation, landing page creation, and email marketing across the organization.
  • Large User Community
  • Third Party Support
  • Salesforce Integration
  • $70K+ of my marketing budget goes to Marketo. Make sure you read the fine print in their renewal agreement, as they customarily raise the rates by 5-10% each year without any kind of justification (few new features, zero performance improvements). In the SaaS world this is called "uplift".
  • The user experience is disjointed. It is nearly impossible to find anything -- an email, a landing page, a report -- and when you try to search across the whole site, they make you retype your query.
  • If you like watching a spinning ball, Marketo is the system for you. Even the simplest queries (like an email program with 10 recipients) takes more than a minute to show the results. I'm told that this will be fixed when they change out the back end database this year.
  • Unlike HubSpot, Marketo has lost all interest in helping their users get more out the system. As the VP of Marketing (even after losing my Marketo Power User) the only phone call I get is the once-a-year renewal call. HubSpot calls me every quarter (minimum) to make sure I am happy and using all of my features.
We use both HubSpot and Marketo. Marketo holds a slim lead in marketing automation and email features, although the system slowness is nearly unbearable. HubSpot is rapidly closing the feature gap, has an amazing blogging application, robust social integration (Twitter, Linkedin), and has a huge focus on their customers. I didn't select Marketo and if I had been part of the selection team, I probably would not have recommended it.
Marketo has a strong presence in the mid-market and are clearly trying to flex their muscle to maximize their annual recurring revenue from this band. However, Pardot (owned by Salesforce) and HubSpot are closing the feature gap and have a much more customer-first philosophy, in which *my success* is their top priority.

Like I said in a previous comment, beware the fine print in the Marketo agreement. Marketo writes in a 5-10% "uplift" for next year's renewal in EVERY agreement. They make downgrades more expensive than keeping your current software, which seems to underscore that they are running the business for their investors rather than their customers.

Adobe Marketo Engage Feature Ratings

WYSIWYG email editor
2
Landing pages
4
A/B testing
Not Rated
Mobile optimization
1
Email deliverability reporting
7
List management
5
Triggered drip sequences
3
Lead nurturing automation
4
Lead scoring and grading
4
Data quality management
2
Automated sales alerts and tasks
6
Calendaring
2
Event/webinar marketing
2
Social sharing and campaigns
2
Social profile integration
3
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
API
8
Role-based workflow & approvals
Not Rated
Customizability
5
Integration with Salesforce.com
8
Integration with Microsoft Dynamics CRM
Not Rated
Integration with SugarCRM
Not Rated

Using Marketo

5 - Marketing
2 - Campaign management and analytics.
  • Email marketing
  • Retargeting
  • Landing page creation
  • Lead score
  • I'll speak to the category of marketing automation rather than Marketo specifically. If you decide you want to deploy a marketing automation system, you will see faster lead conversion, increased employee efficiency, or better customer service.
  • Marketing automation will give you behavioral lead scoring, which will help you determine the best leads to contact. Marketo lacks predictive analytics and we use Infer to provide demographic/firmographic lead scoring. HubSpot claims to have this out-of-the-box, but I have not used it at this time.
  • Marketo Smart Campaigns allow us to make changes to our Salesforce Lead and Contact records, including reassigning ownership based on business rules. We have been more flexible and our data has been cleaned and normalized as a result.
  • There are a number of features that we are not taking advantage of. My Marketo team has committed to help us maximize the use of these features.

Evaluating Marketo and Competitors

Marketo Support

The company is currently investing in adding Success Managers to bring the ratio of SM-to-customers back into balance. Our new account team seems very proactive.
ProsCons
Quick Resolution
Good followup
Kept well informed
Immediate help available
Support cares about my success
Quick Initial Response
Escalation required
Need to explain problems multiple times