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Martech set to exceed $215 billion by 2027

Martech

Global martech spend is projected to surpass $215 billion annually by 2027, up from $131 billion in 2023, according to a Forrester forecast. Last year, spend increased 10.9%, according to the report, Global Martech Software Forecast, 2023 – 2027. B2C budgets. This share of the budget is expected to grow.

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Ten Ways to Optimize Your Marketing Budget

Golden Spiral

Have you been asked to cut your marketing budget? Slashing marketing expenditures, however, is a knee-jerk reaction. 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. Watch the headlines.

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Goodbye Third-Party Cookies, Hello Content Marketing

Contently

According to Forrester, in 2023, more than half of global marketers thought the whole thing was a bluff. In marketing, these cookies help boost visibility and reach. The thought is that users who’ve previously searched for a product or service are more likely to convert. Their goal is to hit 100% by the end of 2024.

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6 B2B Lead Generation Strategies to follow in 2022

Only B2B

But, in 2022, what are you going to do better to enhance your B2B lead generation strategies? Conventional lead generation tactics for B2B marketers will not work in 2022. Before making a purchase decision, 74% of business purchasers conduct research online, says Forrester. Adopt An Omni-Channel Marketing Strategy.

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How to Use Marketing Budget KPIs for Decision-Making

SmartBug Media

One of the most underrated skill sets of a marketing leader is the ability to guide decision-making based on budgetary analysis. 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. Budget pacing.

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Which social media platforms drive the most sales?

The Marketing Blender

Our Services. . You know that social media is a powerful tool for promoting your business, but you might not know which platforms are the most effective at driving sales. A study by Forrester found that Instagram users are 70% more likely to make a purchase based on something they saw on the platform than non-users. .

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What is account-based marketing today and how has the space evolved?

Martech

A survey by the IT Sales and Marketing Association (ITSMA) found 27% of the marketing budget dedicated to ABM in 2021, with 75% of those surveyed saying they planned to increase spending on ABM in 2022. Read next: A deep dive into changes in the ABM space — our new ABM Marketing Intelligence Report. The vendors respond.