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Ten Ways to Optimize Your Marketing Budget

Golden Spiral

Have you been asked to cut your marketing budget? Google slashed their own marketing budget at the height of the pandemic. The UK government urged businesses to reduce prices by cutting their marketing spending. Fitness megabrand Peloton is making the marketing cut. Watch the headlines.

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How to Use Marketing Budget KPIs for Decision-Making

SmartBug Media

The most skilled marketers aren't just the ones who can identify the best channels for growing customers; they are also the ones who can identify the best channels to avoid. Key KPIs to Track in Your Marketing Budget. Cumulative spend: The total budget expended across all marketing channels.

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Forrester Sounds the Digital Marketing Alarm

Vidyard

The years change but the marketing plans pretty much stay the same, according to recent research from Forrester. Many companies have marketing mixes that are fairly set in stone. In-person events such as conferences have existed pretty much ever since the term marketing was invented. Get the Report.

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Planning Your 2023 Strategies? Read These Key Takeaways from Our Latest Webinar: Why Full-Funnel, Always-on ABM is Essential in 2023

Madison Logic

2023 will pose challenges to B2B marketers as they navigate global economic uncertainty and a push to maximize their marketing spend and ROI on account-based marketing (ABM) campaigns. Customer marketing will be critical in 2023. 2023 will be an exciting time for B2B marketers .

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CMO Spend in the Current Economic Climate and Plans for 2021

Porch Group Media

According to Gartner’s report, in 2020, technology spend will account for the largest proportion of marketing budgets when compared with media, agencies and in-house labor. Spend is also increasing for digital advertising as consumers head to online channels for information. Read more here. Click here to learn more.

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3 Ways to Find Budget for ABM in an Economic Downturn

Engagio

During these uncertain times, putting your limited marketing budget to the best use to stimulate revenue growth and form better relationships with your best customers becomes even more important. Revisiting your marketing plans to use an account-based approach can result in significant budget reductions.

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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. But, after surveying more than 150 CMOs, marketing VPs, and marketing directors earlier this year, Forrester found that more than a third are planning to reduce their OOH ad spend.