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Why UGC campaigns may be the answer to the biggest challenges CMOs face this year

SmartBrief - Marketing

Because of the volatile economic climate and rising inflation costs, many are trimming their marketing spend. In fact, Gartner reports 75% of CMOs are being asked to “do more with less” this year and are feeling pressure to cut their martech investments. CMOs are caught between a rock and a hard place.

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CMO Spend in the Current Economic Climate and Plans for 2021

Porch Group Media

Marketing departments are certainly no exception and have been forced to balance between cutbacks in spend while still maintaining acquisition and retention strategies to thrive during these difficult times. One change CMOs are making due to these budget pressures is shifting outside agency work to in-house employees.

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Customer Marketing and Martech Innovation During Covid-19

Porch Group Media

A majority of marketers (52%) reported increased spending during March-June 2020. This varies somewhat by industry, with heath, insurance and retail reporting the highest increases in marketing spend. Just look at Amazon as a great example of putting customers first in everything. Top Priorities During Pandemic.

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300+ Digital Marketing Stats to Drive Your Marketing Strategy

Marketing Insider Group

Martech) Digital marketing accounts for nearly 60% of marketing spending, as per the AMA’s 2021 CMO survey. Martech) The US Bureau of Labor Statistics forecasts a 10% annual increase in employment for marketing managers over the next eight years. Ecommerce market will reach over $1.1 PwC) Customers are 2.4x

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99 B2B Marketing Statistics to Back Your Bets

Televerde

trillion each year from competitors that don’t, according to Forrester. The projected growth of the AI software market from 2016-2025 is $1.4 billion (Gartner, 2016). Amazon, 2019). Forrester, 2017). Videos are growing faster than other web marketing tool, with investments in them expected to double by 2021.

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B2B Category Creators Episode 2 Transcript

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Amazon buy them for $40 million, you make $3 million. Marketing spends a lot of money to build a website. That came out way before there was a category in like Gartner and Forrester in the standard analysts. We work with Forrester and Gartner and entities like that. How do you make?