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MailChimp is a well-known marketing solution that has its origins in 2001 as an email marketing platform. Over time, it has added to its functionality and is now a well-rounded platform that offers marketing automation, email marketing services, and a customer relationship manager. MailChimp fans love their attractive and easy-to-use email templates that make it easy to get started, and they offer a great freemium plan for small businesses and those who just want to test the service out without having to pay.
HubSpot, on the other hand, was started as a marketing platform, focusing on all aspects of inbound marketing. HubSpot offers robust solutions for your sales, customer service, and marketing teams, and makes integrating these teams easy. With so much added functionality, it's a one-stop-shop to help your business get more leads, more sales, and more growth. HubSpot helps businesses of all sizes give their marketing efforts a boost.
Both of these platforms offer their own set of useful tools for marketers. Next, we'll compare how MailChimp and HubSpot compare in terms of email marketing, marketing automation, and CRM features.
Email marketing is a great way to communicate with your leads, prospects, customers, or fans, and, when done correctly, can help to grow your sales.
MailChimp makes it easy to get started sending emails with their convenient templates. You can use their editor to create an email that features your business's logo, colors, branding, and graphics. From there, you can create an email template that you can use again and again (for example as a monthly newsletter). Once your email is sent out, you can quickly and easily track key metrics like open rate, click-through rate, what links got clicked the most, and more. This makes it simple to see what works and what doesn't.
With this platform you can:
HubSpot is similar in that it offers a user-friendly editor and convenient tracking tools, but it adds a layer to its functionality in that it focuses on the key aspects of inbound marketing, including creating emails tailored at specific buyer personas, so you can more easily nurture leads throughout the customer journey.
With HubSpot you can:
Both of these platforms are intuitive, though, so you don't have to be a tech wizard to start sending out attractive and engaging emails to your constituents. And both allow you to track analytics so you know you're spending your marketing dollars in the right place.
Marketing automation is, by definition, using software to automate some marketing processes, like sending out autoresponders, posting on social media, and creating ad campaigns. Both MailChimp and HubSpot offer some level of marketing automation.
In MailChimp's free subscription, you'll get access to autoresponders, but if you want more functionality, you'll have to sign up for a paid plan. Autoresponders are email messages that automatically go out when someone takes an action on your website, i.e. signs up for your list. And MailChimp easily works with other software and platforms to make integration more seamless.
The marketing automation allows you to:
HubSpot offers a little more when it comes to automation, especially in their pricier plans. You can easily send out a message to a specific segment of a specific list at a specific time, which, again, makes lead nurturing a breeze. However, to get the most out of HubSpot's automation features, it's best to have a little knowledge and prior experience with automation so you can get more value out of your plan.
CRM, or customer relationship management, is a key aspect of sales and marketing. It lets you see who is in your pipeline and where they are in the process. With a CRM, you can easily segment your constituents based on where in the buyer's journey they are, so you can target specific messaging to them at just the right time. You can also use a CRM to keep track of all the details about individual customers so you can gain more insight into specific relationships within your business.
MailChimp doesn't offer robust CRM tools as HubSpot does, but it does give you an easy place to keep track of everyone you interact with.
HubSpot has a built-in CRM, which integrates easily into all the other aspects of the HubSpot platform. This makes it simple to see all your contacts at a glance, which makes it a great tool for both your sales and marketing teams.
Both HubSpot and MailChimp are fantastic marketing tools for businesses of all sizes. For some, MailChimp wins out because of its free plan (you can store up to 2000 contacts). This makes it a great place for small businesses to start. And you can upgrade your plan as your business grows, with their top tier plan maxing out at $299 a month. For others, HubSpot wins out because it's so packed with useful features. HubSpot also offers a free tier with basic functionality but their plans can go up to $3,200 a month for a full suite of features.We're serious when we say we're fans of both Mailchimp and HubSpot. But there are cases to be made for one or the other depending on your situation.
If you're still unsure of which platform to use, an email marketing agency can help you make a decision. The Gist is a certified HubSpot partner, but our team is a huge fan of MailChimp too! We understand the ins and outs of these platforms and how to get the most out of each one to fit your individual needs. Contact us to schedule a free growth consultation today!