KoMarketing Associates

article thumbnail

Report: 46% of B2B Buyers Turn to Colleagues/Peers to Research Purchases

KoMarketing Associates

B2B buyers continue to do their own research before making a purchase decision, and new research shows that colleagues and peers are playing a more important role in the process. By this mark, 38 percent of B2B customers have already developed an informal list of potential service and product providers.

article thumbnail

Survey: 58% of Customers Say Social Media Has Influenced a Purchasing Decision

KoMarketing Associates

Statistics showed that 48 percent of customers now say they have purchased products or services through social media, which is a slight increase from the 42 percent that said the same back in 2016. This is an increase from the 45 percent that said the same two years ago.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report: More Marketing Teams are Taking Control of Technology Purchases

KoMarketing Associates

New research indicates that CMOs are now spending as much of their budget on technology on CTOs, but which services and products are they investing in? The Marketing Tech Buying Process: A Look at How Companies Purchase Technology Today” report from Target Marketing and IBM discovered that CMOs spend 3.2

Purchase 120
article thumbnail

How B2B Marketers Can Leverage Social Media Product Advertising

KoMarketing Associates

The latest evolution is with the advent of product ads. Both Facebook and Pinterest recently announced two new types of product ads – Dynamic Product Ads (Facebook) and Multi-Image Promoted Pins (Pinterest). Why Should B2B Marketers Care About Product Advertising in Social Networks? Facebook Dynamic Product Ads.

article thumbnail

12 Essential Benchmarks for Understanding The B2B Buyers’ Journey

KoMarketing Associates

Unlike consumers, B2B buyers won’t make a purchase on a whim standing in the checkout line. Here are a few stats that highlight the differences in the B2B buyer’s cycle: The B2B buying cycle is six to twelve months, much longer than the few weeks most consumers take to make a purchase. Purchase stage.

article thumbnail

70% of B2B Buyers Agree Video is the Best Form of Marketing Content

KoMarketing Associates

“Video allows organizations to showcase their brand’s personality, voice, and values as well as seamlessly walk potential buyers through otherwise complicated product and service offerings.”. In general, previous research has suggested that B2B buyers are now consuming more marketing content prior to making purchases.

article thumbnail

Report: More B2B Buyers Seeking Easy Access to Relevant Content Marketing

KoMarketing Associates

Furthermore, most B2B buyers (84%) stated that winning vendors have provided content that made a significant impact on their purchasing decision in the past. Most marketers (45%) have adopted an agile marketing strategy to boost productivity, while 43% have done so to gain a competitive advantage.

Relevance 232