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Report: Marketers to Spend Less on Customer Initiatives as Budgets Fall

KoMarketing Associates

The results of The CMO Survey for March 2023 were recently published by Deloitte, Duke’s Fuqua School of Business, and the American Marketing Association. Most respondents claim that they use marketing automation tools for social media management (29%), paid advertising (29%), and email marketing (28%).

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Mike Volpe, HubSpot CMO: The Path To Personalized Marketing Automation [Podcast]

Crimson Marketing

I recently had the pleasure of speaking with Mike Volpe to discuss his expert insights on trends in marketing automation, content strategy, and how HubSpot championed inbound marketing: . Inbound marketing is the technique used to adapt to the modern buyer’s journey. Mike Volpe is the CMO of HubSpot.

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Enterprise marketers spending 22% of their budget on martech

chiefmartech

Gartner recently released their CMO Spend Survey 2017-2018. The headline of their report: Budgets Recede Amid Demand For Results. After three consecutive years of growth, average marketing budgets at enterprise companies (most of the companies Gartner surveyed have more than $1 billion in revenue) have slipped from 12.1%

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Fractional CMO: The Ultimate Guide to Hiring an Outsourced Marketing Executive

Pearl Digital Marketing

These for-hire experts include fractional chief marketing officers (CMOs), chief financial officers (CFOs), vice-presidents for human resources, and chief information officers (CIOs). What is a fractional CMO? The CMO works with all teams, such as IT, human resources, finance, sales, and customer service.

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CMO Council: CMOs and CIOs Are Not Aligned

Customer Experience Matrix

Summary: a CMO Council survey shows that CMOs and CIOs agree they need to cooperate, but disagree on how well they're doing and what their roles should be. This affects marketing automation vendors too, since they sell to both sides. The CMO Council generously shared the detailed data with me. You decide.

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Executive Insights: Account-Based Marketing (ABM) with Eric Martin of SAP Marketing

Marketing Insider Group

When I recently interviewed Kathleen Schaub about the changes in marketing over her long tenure as both a CMO and the lead of IDC’s CMO Advisory Practice, she commented on what had changed most for marketing professionals. We use marketing automation to support nurture streams.

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CMO Spend in the Current Economic Climate and Plans for 2021

Porch Group Media

The most likely probability, according to Forrester’s research, is a mid-2021 recovery — but even in the best-case scenario of a late-2020 recovery, CMOs will likely lose $222 billion of their budget. Forrester does predict that CMOs will continue to invest in marketing automation platforms with an increase of 3% in investments.