Most marketers in the US say they think that revenue will increase through the rest of 2016 and that the marketing function is growing in influence within their organization, according to a recent report from the American Marketing Association (AMA) and Millward Brown Vermeer.
The report was based on data from a survey conducted in May 2016 of 1,028 marketing professionals based in the United States who work in a wide range of industries.
The Marketers Confidence Index, an indicator of overall optimism/pessimism about the future business climate, stood at 123 at the end of 2Q16, up slightly from 121 in 1Q16; a level of 100 in the index represents neutral sentiment.
Some 53% of respondents say they expect revenue growth in the second half of the year, 40% believe consumer spending will increase, and 61% say the investment climate is good.
Some 60% of marketers expect their organizational power and influence to grow in the future; respondents say this optimism is driven largely by the increased importance of digital platforms.
About the research: The report was based on data from a survey conducted in May 2016 of 1,028 marketing professionals based in the United States who work in a wide range of industries.
Continue reading "Are Marketers Optimistic About the Rest of 2016?" ... Read the full article
MarketingProfs provides thousands of marketing resources, entirely free!
Simply subscribe to our newsletter and get instant access to how-to articles, guides, webinars and more for nada, nothing, zip, zilch, on the house...delivered right to your inbox! MarketingProfs is the largest marketing community in the world, and we are here to help you be a better marketer.
You may like these other MarketingProfs articles related to Marketing Strategy:
- Creating a Better Audience Experience: Oli Gardner on Marketing Smarts [Podcast]
- Four Ways to Reduce Churn and Create a Companywide Culture of Customer Success
- How Senior Marketers Set Their Budgets
- The Top Areas Where Martech Tools Could Be Improved
- The Great Compression and the Future of Marketing Post-Pandemic: Mitch Joel on Marketing Smarts [Podcast]