High-performance B2B marketers are transforming their organizations to play a more strategic role, bringing insight and innovation, and contributing to greater revenue growth. Marketing’s influence is on the rise and it’s more than influence on pipeline and revenue. Marketing is on the path to become a strategic growth driver, forging new relationships, collaborating across traditional silos, and helping their companies to become more customer centric.
ITSMA’s 2019 Services Marketing Budget Allocations and Trends Study provides critical data and insight on the rise of marketing influence. In particular, the report examines marketers’ strategic priorities for 2019 and how these have changed in recent years, and marketing budget growth and allocation changes.
The report also explores how marketing organizations are changing including the balance of digital and offline marketing tactics, the need to improve marketing agility, continued focus on account-based marketing, new marketing leadership roles, and the marketing skills in greatest demand.
Along with essential new data on marketing budget trends and allocations, the study highlights the five specific ways B2B marketing leaders stand apart from the rest.
Overview
2019 Services Marketing Budget Allocations and Trends, a PowerPoint-style report, delivers a detailed look at the state of the services marketing profession as it exists in early 2019. It provides data on services marketing budgets, budget allocations, and marketing priorities from a range of companies across the technology and professional services industries.
Topics covered in the report include:
Size of the marketing budget
Marketing staffing
Services marketing budget allocation
Content & communications budget allocation
Digital & offline marketing budget allocation
Marketing tactics
Advertising/paid media marketing budget
Event marketing budget
Engagement & advocacy budget allocation
Marketing operations budget allocation
Account-based marketing budget & spending plans
Marketing priorities & challenges
Marketing organization, perception, & scope
Marketing agility
Study Methodology
ITSMA gathered detailed data on services marketing budgets, trends, and priorities from a cross-section of large B2B technology and IT services firms with an invitation-only, web-based survey during December 2018 and January 2019. Survey respondents were 43 senior marketing and services marketing leaders at 42 global firms, roughly half product-based and half professional service firms, with 62% of the respondents from $1 billion+ companies.
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ITSMA 2019 Services Marketing Budget Allocations and Trends Study
1. 2019 Services Marketing
Budget Allocations and Trends
Julie Schwartz, SeniorVice President,Research and Thought Leadership,ITSMA
ABBREVIATED SUMMARY
This abbreviated summary highlights some of the most significant
findings of ITSMA’s 2019 Services Marketing Budget Allocations and
Trends Study. A more in-depth analysis can be found in the full report:
http://www.itsma.com/research/2019-services-marketing-budget-
allocations-trends/.