Lenny's Podcast: Product | Growth | Career

The ultimate guide to Martech | Austin Hay (Reforge, Ramp, Runway)

219 snips
Aug 13, 2023
In this discussion, Austin Hay, Head of Marketing Technology at Ramp and a veteran in the Martech landscape, sheds light on the evolving role of marketing technologists. He explains when companies should hire for Martech roles and shares his favorite tools for success. Austin delves into the complexities of attribution models and the importance of robust data management, while also addressing the balance between individual contributions and team dynamics. He wraps up with practical insights on 'thinking gray' for making better decisions.
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INSIGHT

MarTech Defined

  • MarTech bridges product, growth, engineering, and marketing, focusing on system/platform optimization.
  • It evolves from a shared responsibility to a centralized role as companies grow, resembling a product manager for marketing systems.
ADVICE

When to Hire MarTech

  • Recognize the need for a MarTech person when tool management becomes overwhelming for your growth team.
  • This often involves system architecture, tooling decisions, contract management, and cost optimization.
ANECDOTE

MarTech in Different Stages

  • At Airbnb, Dimitri was the MarTech person, managing tools and systems due to the company's size.
  • Smaller startups, like Runway, didn't have a dedicated MarTech role; everyone chipped in as needed.
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