Small risk
Mailchimp
Summary
Email marketing service expanding into a full marketing automation platform.

Parent organisation: The Rocket Science Group
Type of organisation: Privately-owned company (or group)
Market share: Market dominance

Pricing: Free-$299/month
Factors driving pricing: Additional features, Ability to whitelabel or customise
Skills needed to set-up: Needs tool/domain expert to configure
Skills needed to use: Plug & play (any non-technical user can do it)
Pros
Open Source alternatives available
Releases new features regularly
Transparent pricing model
Clear data policies
Allows data deletion
Cons
Newsworthy business issues/challenges - Mailchimp and Shopify break up, Before breaking up with Shopify, Mailchimp quietly acquired a Shopify competitor
Newsworthy security breaches - MailChimp ‘working’ to stop hackers flinging malware-laced spam from accounts
Lacks accessibility statement
Does not share diversity data

Full Product Data Collection

Data collected January-February 2020

Product nameMailchimp
Product URLhttps://mailchimp.com/
Parent organisationThe Rocket Science Group
Workflow categoryPublishing & distribution
Date product founded2001
Product descriptionEmail marketing service expanding into a full marketing automation platform.
What type of company or organisation is the product owned by?Privately-owned company (or group)
Is the company profit-making?Yes, profitable
How is this product funded?Subscriptions
What market share does the tool have?Market dominance
Is there an Open Source alternative in this product space?Yes. Mailtrain, Sympa, phpList
When did the company last release new features?November 2019: Launched website builder tool in beta.
Have they shared details of the product roadmap?No
Is there talk of the product raising further investment?No
Is there talk of the product being acquired?No
Have there been any newsworthy business issues or challenges in the last 12 months?Yes. Mailchimp and Shopify break up, Before breaking up with Shopify, Mailchimp quietly acquired a Shopify competitor
Is there a pricing model listed on the website?Yes
How clear & transparent is this pricing model?Very: full pricing listed
What is the range of prices offered?Free tier available.
Essentials $9.99/month
Standard $14.99/month
Premium $299/month
Pay As You Go option for infrequent users: $150 for 5000 credits

Note: all plans offer 15% discount for non-profit orgs and charities.
What factors drive higher pricing?Additional features, Ability to whitelabel or customise
What skills are needed to get this tool set up & usable?Needs tool/domain expert to configure
What skills are needed to USE this tool day-to-day?Plug & play (any non-technical user can do it)
Does this tool use proprietary file formats for saving documents & outputs?Defaults to common open standard file formats
Is the product reliant on 3rd-party APIs or interoperability to function?No
Have there been any newsworthy technical issues in the last 3 years?No
How clear is the Terms of Service for users (i.e. publishing customers)?Technical, legalistic TOS
Does the product have a data collection & usage policy on its website? (Can be a GDPR statement)?Yes, comprehensive.
Is their data policy “GDPR everywhere”?No GDPR policy information available
Does the product require your audience to sign-in to use it?N/A not an audience-facing tool
IF SIGN IN REQUIRED: Does audience sign-in use 3rd party platforms?N/A not an audience-facing tool
Does the public product website mention how to export or transfer your data to another service?Only partial exports available
Does the public product website mention how to delete your data?Yes: for both publisher and audience data
Have there been any newsworthy security breaches with this product in the last 3 years?Yes. MailChimp ‘working’ to stop hackers flinging malware-laced spam from accounts
Does the company have an accessibility statement on its website?No / cannot find
Does the company release information on the diversity of the workforce?No