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Gartner: Marketing budgets slashed in 2021

Martech

Marketing budgets as a percentage of revenue fell in 20201 to “their lowest level in recent history,” analyst firm Gartner reported in The State of Marketing Budgets 2021. 29% of work outsourced to agencies has been brought in-house. . The post Gartner: Marketing budgets slashed in 2021 appeared first on MarTech.

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How to Choose the Right Tech Marketing Agency

Top Rank Marketing

.” Partnering with the right B2B tech marketing agency can be a critical move to overcome the challenges at hand, and get the most out of your budget. 5 qualities to seek out in a B2B tech marketing agency TopRank Marketing is a full-service agency that counts many B2B tech companies among our wide range of current and past clients.

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Gartner rips CMOs over martech while business demands ‘more with less’

Sword and the Script | B2B

That’s according to the latest Gartner 2023 CMO Spend and Strategy Survey : “CMOs have seen technology investments tumble into new lows of unproductivity, with utilization rates falling from 58% in 2020 to 42% in 2022.” It’s difficult to imagine them leaving the same millions of dollars on the table for agencies or in-house resources.

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2024 Predictions: Social media’s evolution

Martech

“We don’t anticipate an immediate mass abandonment amongst social users, but rather the potential for a minimization of engagement,” said Dan Gutter, analyst for Gartner. “It Gartner recently projected 50% of consumers would “abandon or significantly limit their interactions” with social media by 2025. of all U.S.

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Meta launches genAI features for ads

Martech

. “I think the most interesting part is where it magically finds the right text and combination of elements to maximize ad effectiveness,” said Andrew Frank, VP distinguished analyst at Gartner. ” Dig deeper: Why we care about social media marketing: A guide for brands Should agencies be concerned?

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B2B digital marketing budgets should grow in 2023

Martech

These findings come from a new report by B2B research firm Ascend2 in association with the digital agency Wpromote. Two differences: The Gartner sample was split evenly between B2B and B2C marketers; it also incorporated findings from Canada and Europe. Personalization and content generation lead the use cases. in April of this year.

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Marketers Looking to Leverage Business from Existing Clients to Overcome COVID-19 Struggles

KoMarketing Associates

More agencies in 2020 found business within existing client portfolios and used different platforms to help generate other new business opportunities.”. As companies continue to recover from the COVID-19 pandemic, new research suggests that it’s business from existing customers that is keeping marketing efforts afloat.