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The Art of Developing a Marketing Budget

KEO Marketing

Companies are often lax about defining a specific marketing budget number and sticking to it, and this makes managing to a number very difficult. This type of ever-changing budgeting can lead to missed opportunities throughout the year and unexpected results and perceived under performance at the end of the year.

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14 Marketing Resolutions A/E/C Firms Should Make in 2018

Circle Studio

As we enter the New Year, A/E/C firms have made (and are still making) plans for where and how to spend their marketing time and budgets in 2018. Just as people everywhere are making resolutions to improve their lives—both personally and professionally—in 2018, why not do the same for your firm’s marketing efforts?

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5 Ways to Grow Your Firm 5X Faster than Average

Hinge Marketing

In the study, we found nearly 38% of high-growth firms grew via M&A in 2018, compared to less than 23% of no-growth firms. While there are many benefits of growing via M&A, it can present new, complex marketing challenges. Marketing is an investment of both time and money, and high-growth firms understand this.

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83 Exceptional Social Media and Marketing Statistics for 2014

Webbiquity

“Big data” is one of the trendiest buzzwordy terms in marketing/technology/business today. 2014 B2B Content Marketing Trends–North America: Content Marketing Institute/MarketingProfs. . Analytics are least commonly used to fine-tune the marketing mix (14%).” 4 B2B Marketing Stats.

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Where are Enterprise Marketers Allocating Their Budgets?

Porch Group Media

Over 50% of budgets were allocated to websites, digital commerce, mobile marketing, social marketing and digital advertising. However, overall growth of marketing budgets is stalling and slightly on the decline this past year. The top three areas in Gartner’s research included: Consumer Spending (32%).

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Why Marketing Is Here to Stay

Full Circle Insights

So, to the larger point, is marketing really in decline as a function? The most recent Gartner CMO Spend Survey fueled even more speculation, reporting that marketing budgets declined to a record low of just 6.4% The report notes that after budgets were cut in 2020, CMOs expected them to bounce back in 2021.

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Interested in Leveraging Predictive Analytics? You’ll Need to Get Marketing Attribution and Funnel Metrics Right First.

Full Circle Insights

They want to control the process, which often means doing their own research. For example, maybe a senior manager attended a conference on risk management compliance and asked someone on their team to do research on risk management compliance software. Optimize Your Marketing Mix in Salesforce. Designing a Lead Lifecycle.