IAB B2B Market Snapshot 2011
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Transcript of IAB B2B Market Snapshot 2011
- 1. B2B Market Snapshot
September 2011
2. 1 - Introduction
3. Background and Methodology
This survey was sent to B2B advertisers and agencies.
The objective was to identify a snapshot of market trends in B2B
digital marketing for 2011 and beyond.
We had 158 respondents in total.
The fieldwork period was May-July 2011.
The survey was hosted on BrightTalk.
4. Majority of respondents were at manager level
%
Source: IAB/Brightalk August 2011
5. %
Source: IAB/Brightalk August 2011
Majority of responses came from advertisers
6. Wide range of vertical respondents
Source: IAB/Brightalk August 2011
7. 2 - Trends
8. 9 in 10 use digital to build brands
What business objectives do you want to achieve through your
digital marketing?
Strengthening brand has risen from the 8th most popular objective
from our corresponding research in 2009 to the top objective for
2011 and beyond. Generating leads remains the second most
popular.
Source: IAB/Brightalk August 2011
9. Over two thirds agreed their marketing techniques are
progressively migrating to digital
Any agree - %
The migration of digital techniques has increased from 34% of
respondents who agreed with this in 2009 to over two-thirds which
shows the acceleration of digital on to the B2B marketing agenda in
2011 and beyond.
Source: IAB/Brightalk August 2011
10. Increased use of social media, video and mobile expected across
2011
% Plan to use for brand awareness, customer retention/service and
customer acquisition
%
Social media usage has grown from 30% of respondents to our
research in 2009 to 80% of our respondents in 2011.
Source: IAB/Brightalk August 2011
11. 3 - Budgets
12. Over half of overall marketing budgets increased in 2011
Shift in overall marketing budgets from 2010 to 2011
55% of our respondents reported increased overall budgets in 2011
from 2010.
Source: IAB/Brightalk August 2011
13. Two thirds increased digital budgets for 2011
Shift in digital marketing budgets from 2010 to 2011
Nearly two-thirds of our respondents recorded increased digital
budgets for 2011 from 2010.
Source: IAB/Brightalk August 2011
14. Digital budgets increasing due to 2010 success
Reasons for digital budget growth in 2011
Source: IAB/Brightalk August 2011; base: those whose budgets had
increased (102)
15. 4 - Effectiveness
16. Email marketing, social media and search most effective for
building brand awareness
There is clear growth for online video here which was not
identified by respondents in our 2009 research showing the growth
of video in building brand online for B2B marketers and it is a
growing medium.
Source: IAB/Brightalk August 2011
17. Email marketing and search most effective for customer
acquisition
In 2009, 7% of respondents used social media in their digital
marketing campaigns 3% used mobile! It is clear from these
statistics that it is still not too late to be early with mobile in
B2B and that there is still a clear opportunity with both.
Source: IAB/Brightalk August 2011
18. Source: IAB/Brightalk August 2011
Email marketing and social media most effective for customer
retention
Use of social media, online video and mobile are the 3 key channels
that have grown in 2011 for customer retention.
19. E-mail click-thru and leads generated
considered the best measure of success
What metrics does your company use to measure success of digital
marketing?
As 9 out of 10 respondents are building brands online it is
interesting to see these are the primary metrics (CTRs, leads)
being used which wont give B2B marketers the full picture about
their brands.
Source: IAB/Brightalk August 2011
20. 5 - Challenges
21. Lack of time and resource biggest challenge
When implementing digital marketing techniques,what are your
biggest challenges?
Time constraints and a lack of resource go hand-in-hand to give B2B
marketers their biggest challenge to overcome.
Source: IAB/Brightalk August 2011
22. Case Studies and Best Practice advice needed to help B2B
marketers
What would help your understanding of digital marketing
techniques?
Source: IAB/Brightalk August 2011
23. Summary
Digital marketing budgets are growing, and 9 in 10 use digital to
build brands online yet the metrics currently being used do not
give B2B marketers an accurate picture as to how their brand is
performing. There is a clear need to educate the B2B market as to
what metrics they should be using and how they should be using them
to measure their online marketing campaigns.
Whilst email continues to dominate B2B digital marketing campaigns,
use of social media has grown rapidly in 2011 both for building
brand and for customer retention. Online video and mobile have
emerged as key channels for 2011 and beyond for B2B marketers.
Online display has yet to convince B2B marketers of its branding
potential - yet our research shows no B2B advertiser is measuring
brand effectiveness correctly.
Education is key for the growth of the B2B industry with more case
studies, best practice advice and training being identified as key
areas to boost knowledge of digital marketing techniques.