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3 years ago

Y5KZ1U

Y5KZ1U

Budgets on the Rise

Budgets on the Rise According to Gartner analyst Laura McLellan, the CMO will spend more on IT than the CIO by 2017. 1 So, it’s no surprise that our survey found 98% of marketers plan to increase or maintain their budgets for 2014, while only 2% plan to decrease. There are five key areas where marketers plan to increase dollars for 2014: 1 Data & analytics (61% plan to increase) 2 3 4 5 Marketing automation (61% plan to increase) Email marketing (58% plan to increase) Social media marketing (57% plan to increase) Content management (57% plan to increase) It makes sense that data and analytics top the list, as marketers noted increasing conversion rates and collecting behaviorbased data as two of their top three 2014 priorities (see the section “New Priorities for 2014”). Likewise, the second greatest budget increase is for marketing automation, which will play a key role as marketers act on the data they’ve collected to power 1:1 customer experiences and enhance their brand relationships. The next chart shows a complete picture of how marketers plan to spend their budget in 2014. 1 my.gartner.com/portal/server.pt?open=512&objID=202&mode=2&PageID=5553&resId=1871515&ref=Webinar-Calendar 8 2014 State of Marketing exacttarget.com

2014 Digital Marketing Budget Increase Stay about the same Decrease Don’t know Email Marketing SMS Messaging SEM/ SEO Social Media Marketing Marketing Automation Display/ Banner Ads Mobile Push Notifications Social Advertising 58% 53% 54% 57% 60% 43% 49% 55% 38% 33% 39% 36% 31% 44% 32% 34% 2% 4% 2% 1% 1% 6% 2% 2% 3% 11% 5% 6% 8% 7% 17% 11% 2,246 1,195 2,098 2,156 1,763 1,824 1,110 1,844 responses responses responses responses responses responses responses responses exacttarget.com 2014 State of Marketing 9

2014StateofMarketing
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