More than one-third (38%) of marketers plan to shift spend from traditional advertising to digital advertising in 2015, with more B2C marketers (42%) planning to move spend to digital than B2B marketers (34%).
The top 5 digital areas marketers plan to allocate more budget on are social media advertising (70% plan to increase spend), social media marketing (70%), social media engagement (67%), location-based mobile tracking (67%), and mobile applications (66%).
Below, additional key findings from the report, which was based on data from a survey conducted in October and November 2014 of 5,053 marketers from around the world (56% B2C-focused; 44%, B2B).
Channels and Strategies
- Corporate websites, social media, and SEO/SEM are the most used digital channels/strategies by the marketers surveyed.
- Email marketing, social media advertising, and social media listening are rated as the most effective channels/strategies.
- 32% of marketers say revenue growth is a top metric used to gauge marketing success.
- 30% say customer satisfaction is one of their top metrics.
Ayaz Nanji is an independent digital strategist and a co-founder of ICW Content, a marketing agency specializing in content creation for brands and businesses. He is also a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, AOL, and the New York Times.
LinkedIn: Ayaz Nanji