MarTech Landscape: What is RTIM?
Real-Time Interaction Management describes the central goal of digital marketing.
The last thing marketing tech needs is another buzz term.
But one recently-emerged concept — Real-Time Interaction Management (RTIM) — is useful because it defines a clear view of digital marketing’s central goal: immediate context.
In this installment of MarTech Today’s MarTech Landscape Series, we explain what RTIM is — and why it clarifies what modern marketing is trying to do.
RTIM = Right now contextual marketing
What customers most want is information and offers about product and services, exactly when they need them.
If you’re walking without cover in the rain, what you really want is to find one of those guys selling umbrellas on the street.
If you’re a parent with an inquisitive four-year old whose birthday is coming up, a discount on a fun and educational toy would hit the spot. If you’re a 20-something at a nighttime sports event with friends, what you’d really like to see are after-game specials at a nearby bar/restaurant.
Marketers have always tried to reach the right audiences with the right product, but addressable channels, personalized data and decision engines that predict your upcoming needs make it more possible to address what you want — even before you know what that is.
That’s what Real-Time Interaction Management describes.