Marin Software Strengths, Domain Expertise, and Key Differentiators
Marin Software stands out in the digital advertising landscape with several key strengths that set it apart. Firstly, its platform is a vital integration point, seamlessly connecting advertising performance, sales, and revenue data. This integration enables advertisers to gain valuable insights, bridging the gap between advertising spending and revenue outcomes. Secondly, Marin Software boasts an intuitive interface that simultaneously manages large-scale digital advertising campaigns across various publishers and channels. This user-friendly approach empowers marketers to create, publish, modify, and optimize campaigns, enhancing overall efficiency. Lastly, Marin Software's commitment to providing a unified SaaS advertising management platform for search, social, and eCommerce advertising showcases its domain expertise. This comprehensive approach positions Marin Software as a catalyst for driving higher efficiency and transparency in paid marketing programs on a global scale.
Marin Software Recent Developments
In 2023, Marin Software introduced its two new products, Connect and Ascend, and has made significant further establishing its position as a leading digital marketing solutions provider. Marin's commitment to empowering performance marketers is underscored by these strategic initiatives, which aim to address the challenges posed by the evolving and fragmented digital marketing landscape. The Connect platform revolutionizes the accessibility and analysis of performance marketing data by seamlessly consolidating information from diverse sources. On the other hand, Ascend leverages advanced AI-powered tools to optimize campaign performance across various channels, providing marketers with the capability to achieve maximum sales and return on investment. Marin Software's CEO, Chris Lien, emphasized the company's dedication to solving the evolving problems faced by performance marketers. The introduction of Connect and Ascend represents Marin's dedication to simplifying workflows, offering valuable insights, and employing AI-driven optimization to help clients achieve remarkable results in an increasingly competitive digital environment.
Marin Software announced the addition of MarinOne Scripts to the MarinOne performance marketing platform. By seamlessly integrating Python scripting capabilities with the platform, Scripts enhances the existing automation tools in MarinOne, allowing marketers to create customized, data-driven solutions that save time, reduce costs, and optimize campaign performance.MarinOne Scripts is our most powerful automation tool, giving advertisers a quick and easy option to analyze their data and dynamically update their advertising targeting and creative and stands out by not confining itself to a single publisher and operates across a diverse range, including Meta, Amazon Ads, and Apple Search Ads.
In 2021, Marin Software partnered with CitrusAd's Digital Retail Media Platform. The partnership will allow brands to easily manage and optimize sponsored products and display ads through Marin. CitrusAd will offer Marin customers access to its full suite of products, available through its eCommerce Platform.
Marin Software launched MarinOne, the next generation of its cross-channel advertising platform. MarinOne enables the integrated management of search and social advertising, delivering significant incremental performance gains over traditional single-channel management tools. The MarinOne platform enables marketers to integrate all digital advertising data into one central platform, align campaigns across publishers to maximize ROI, and amplify publisher tools to drive the best possible performance.
Marin Software Mergers and Acquisitions (M&A) Activities
Marin Software sold its Perfect Audience business unit to SharpSpring, Inc. SharpSpring is a global provider of affordable marketing automation delivered via a cloud-based, Software-as-a-Service (SaaS) platform.
Marin Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Marin Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Marin Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified MarinOne Platform, Marin Connect ,Marin Ascend. customers.
Marin Software Overview
845 Market Street Suite 450
San Francisco, CA, 94103, United States
1 415-399-2580
https://www.marinsoftware.com
Ownership: - NYSE:MRIN
Number of Employees: 177
Functional Markets: Analytics and BI, CRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Higher Education, P&C Insurance, Specialty Insurance, Hospitality, Media, Professional Services, Retail,
Marin Software Key Enterprise and Cloud Applications
MarinOne Platform, Marin Connect ,Marin Ascend.
Marin Software Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Marin Software Revenue Breakdown By Type, $M:
Marin Software Enterprise Applications Revenues By Functional Markets, $M:
Marin Software Enterprise Applications Revenues By Verticals, $M:
Marin Software Revenues By Region, $M
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Marin Software Direct vs Indirect sales
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Marin Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Marin Software Customers
No. of Marin Software Customers: x
No. of Marin Software Enterprise Applications Customers: x
No. of Marin Software Cloud Customers: x
No. of Marin Software Cloud Subscribers: x
Marin Software boasts an extensive and diverse clientele, with a significant number of customers relying on its platform to oversee an impressive annual marketing spend of over $6 billion worldwide. Notable among these customers are industry giants such as Microsoft, Ameriprise Financial, Lonely Planet, Hulu, Nestle, easyJet, Adidas, and Vistaprint. Marin Software caters to a wide array of clients. This diverse portfolio includes businesses in sectors ranging from technology and finance to travel and retail, demonstrating the platform's effectiveness and broad applicability in meeting the marketing needs of prominent players across the globe.
Marin Software Market Opportunities, M&A and Geo Expansions
The recent introduction of its innovative products, Connect and Ascend, further solidifies Marin's commitment to empowering performance marketers. Marin Software stands to benefit from emerging market opportunities, leveraging its expertise as a leading digital marketing solutions provider. Furthermore, the company is well-positioned for expansion into new regions, broadening its global reach.
Marin Software is mainly concentrated on the US market, leaving a large portion of the world unexplored. This presents an opportunity for future development but also requires a new strategy and new investments.
In September 2021, Marin Software went into agreement with Google, under which it receives revenue share payments based on customers' search advertising spend on Google.
Marin Software Risks and Challenges
Marin Software's business depends on the customers' continued willingness to manage advertising spending on their platform. The COVID-19 global pandemic has adversely affected and is likely to continue to adversely affect their business and operating results. Among other things, the COVID-19 global pandemic has caused, and could continue to cause, many of their customers to reduce their purchases of the enterprise's products or to reduce the amount of digital advertising.
As of December 31, 2020, Marin Software had a total of 162 employees, which was down from a total of 292 employees in December 2018, and a total of 229 employees in December 2019. The prospects of the company don't seem bright, as the company has incurred significant losses in each fiscal year since its incorporation in 2006, and it expects such losses to continue in the future.
To maintain and improve its competitive position, it must keep pace with the evolving needs of customers and continue to develop and introduce new modules, features, and services in a timely and efficient manner. Currently, it competes with large, well-established companies, such as Adobe Systems Incorporated, Facebook, Inc., Google Inc. (through its wholly owned subsidiary DoubleClick) and Kenshoo Ltd.
Marin Software Ecosystem, Partners, Resellers and SI
Marin Software, a prominent provider of digital marketing software, has recently achieved advanced partner status with Amazon Ads, underscoring its commitment to delivering growth and expertise for advertisers. Through MarinOne's seamless integration with the Amazon Ads API, brands gain a powerful tool to efficiently oversee, assess, and enhance their Amazon Ads campaigns, encompassing Sponsored Products, Sponsored Brands, Sponsored Displays, and Amazon DSP. This recognition by Amazon Ads, based on demonstrated client growth and proficiency with products like sponsored ads and Amazon DSP, acknowledges Marin Software's long-standing and impactful collaboration with Amazon. Marin's CEO, Chris Lien, expressed excitement about this advanced partner status, emphasizing their dedication to maximizing performance for retail brands.
MarinOne Integrated with Instacart Ads. The provider of digital marketing software for performance-driven advertisers and agencies has added the ability to manage Instacart Ads to its flagship MarinOne platform. This integration makes it easier for brands to connect with customers directly at the point of sale.
The Company’s corporate headquarters are located in San Francisco, California, and the Company has additional offices in the following locations: Austin, Dublin, London, New York, Paris, and Shanghai.
Marin primarily sells directly. Among its technology partners are: Adobe Analytics, Adform, Adplan, Boost Media, Call Rail, Convertro, DataLicious, Delacon, DialogTech, Ebay Enterprise, Ensighten, IBM, Sizmek, Tealium, Weborama, and many others.
Marin Software Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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