Edition 12: Marketing Twitter
This weekend in Marketing Technology
This is edition 12 of Overdraft. Sign up here to get this in your inbox early.
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If you have been on Twitter this weekend, you might have noticed some interesting conversations happening.
I think they were two distinct events but both centered around Drift — the live chat tool that recently raised 60 million from notable folks. It was subject of some questions by folks like Pete from Databox and Dharmesh from Hubspot.
It’s interesting to note that Hubspot was the previous employer of the Drift co-founders and Pete (CEO of Databox).
What exactly happened? Here are the tweets:
What Mike (ex CMO of Hubspot) is referring to is a brief spar between Dharmesh and Elias (CTO at Drift) — someone from Drift tweeted about ‘haters gonna hate’ or something along the lines to which Elias brought up a ‘winners take all methodology’.
I am with Hubspot on this one. There’s a LOT of marketing automation tools out there. Each serves a customer and solves a problem, business has never been a winner take all market because there are niches and edge cases you can’t solve for. Otherwise, you risk your product becoming bloated monsters of features that don’t make any sense. Hubspot was the previous employer for a lot of Drift folks and Hubspot has recently been rolling out a ‘conversations’ tool aka live chat for your site. So the whole product competition angle made this all the more interesting.
If you’ve been following Drift they’ve been pretty loud and proud about how live chat converts better then forms.
Pete CEO @Databox has been running some content programs where they do a survey of practitioners and publish their findings. One of their more recent ones is around ‘Do forms actually underperform compared to live chat’ — to be clear there’s a lot of live chat platform out there, from Olark to Zendesk and of course Intercom (which does more than just chat though).
Pete tweeted that the early results of the survey indicated forms actually perform better — not entirely surprising, different use cases perhaps (a longer essay for another time) which kicked off an interesting twitter thread:
Lots of comments. Some questioning the survey methodology, others wondering when does chat actually perform better?My take: if your ‘bot’ is going to have 5 options for me to pick from, just use a form. Chat isn’t about bots (which aren’t actually bots) it should be about conversations. While we’re on the subject — lets not call marketing tech run on decision trees and if/else statements — AI.
Because it leads to situations like this:
All for today. I am trying to be more regular on this newsletter. If you (other then my dad who replies to every single one) enjoyed this let me know.
Originally published at Kamil Rextin .