Marketo provides marketing automation software to help companies streamline their marketing processes. Their mission is to help marketing and sales professionals manage the many channels used to engage customers. Marketo targets mid-small size companies and startups. They have over 2000 customers after 5 years of growth. Their main competitors include HubSpot, IBM Silverpop, and Salesforce Pardot. Marketo plans to launch a premium "Elite" version of their software to increase profitability and target high-end customers. They will measure the success of this new product launch based on awareness generated and conversion rates.