Nearly two-thirds (65%) of senior marketing executives say visual assets (photos, video, illustrations, and infographics) are core to how their brand story is communicated, according to a recent report from the CMO Council and Libris.
The report was based on data from a survey of 177 North America-based senior marketers (52% from B2B companies, 18% from B2C companies, 30% B2B-B2C hybrid). One-fourth of respondents work for organizations with more than $1 billion in annual revenue.
Infographics are viewed as being extremely important to current marketing and storytelling strategies, with 57% of respondents saying they are critical; 46% of respondents say photography is critical, and 36% say video is critical.
Below, additional key findings from the report.
- 79% of respondents say they think the role of video in marketing will increase in importance in the future.
- 60% of respondents say the role of infographics will increase, and 50% say the role of photography will increase.
- 24% of respondents say they say spend less than 5% of their annual marketing budget on visual content.
- 42% say they spend between 10% and 25% of their budget on visual content.
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