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Overview

Overview. ABM engaged Forrester Consulting to complete an independent research study of the trends and impact of B2B media on both end-users/decision makers and marketers.

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Overview

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  1. Overview ABM engaged Forrester Consulting to complete an independent research study of the trends and impact of B2B media on both end-users/decision makers and marketers. The findings and analysis of this study indicate that the integrated use of industry-specific business media is the most effective way to help decision makers evaluate purchases, grow professionally, and improve their businesses.

  2. Summary of survey findings • Business decision makers (BDMs) are shifting to digital media use at a faster rate than B2B marketers are adopting these media • Each of the key industry-specific media types – print, events, and digital --demonstrates unique strengths • BDMs are highly involved with industry-specific media • Industry-specific media are most effective when used together in an integrated manner • Industry-specific media are more effective at reaching BDMs than general business media • Industry-specific media extend the reach and effectiveness of the B2B marketer’s sales organization • B2B marketers plan to underutilize industry-specific media in their future spending compared to BDM’s expected use of these media

  3. Key Findings How is the use – and value placed on – digital media among business decision makers changing?Are B2B marketers taking full advantage of these trends in digital media use?

  4. BDMs rank industry-specific Web sites as one of the top 2 digital resources they rely on at their jobs – far ahead of general business web sites “Of the digital B2B media that you use on yourjob,which3 do you rely on the most:”

  5. As further evidence of the digital media transformation, most BDMs use or intend to use Web 2.0, emerging media “Which of the following activities relevant to your job or industry have you tried or considered trying?” 90% 90% 86% 76% 70% 69% 59% Base: 878 B2B decision makers

  6. 68% of B2B marketers say industry-specific Web sites effectively reach decision makers and 62% say these sites effectively generate leads. While BDMs rely on industry-specific Web sites the most, B2B marketers don’t use these sites in their marketing mix to the same degree “Of digital marketing tactics used or sponsored in the past 12 months, which3 did you use the most?”

  7. What value do traditional industry-specific media platforms offer to B2B decision makers?With growing use of digital media, how engaged or involved are decision makers with traditional industry-specific media?

  8. Each of the key industry-specific media platforms demonstrates unique strengths to BDMs Industry-specific media platforms top all other media for delivering objective information, staying ahead of competition, and helping BDMs perform in their jobs Key: Percentage of respondents selecting the medium as the BEST medium for helping them with the activities described in each statement. (Overall rank in parentheses) Base: 878 Business decision makers

  9. BDMs are highly involved with all industry-specific media And BDMs find industry-specific content and advertising more engaging than general business media Base: 878 B2B decision makers

  10. When integrated together, do industry-specific media influence decision makers more than when used alone? Do marketers agree?How important are B2B digital and traditional media to B2B marketers’ sales process?

  11. Industry-specific media are most effective when used together in an integrated manner When used together, B2B media help BDMs recognize brands Base: 878 Business decision makers B2B media also help B2B marketers reach buyers and stay top-of-mind Base: 816 B2B marketers

  12. 26% or fewer of BDMs surveyed selected 11 other marketing tactics including Web portals, online directories, direct mail, online video, podcasts, RSS, TV, radio, newspaper, mobile ads, and outdoor. Industry-specific traditional media are more effective at reaching BDMs than general business media when making purchase choices When making purchase decisions, more BDMs rely on industry-specific media to inform and validate their choices

  13. Industry-specific media extend the reach and effectiveness of the B2B marketer’s sales organization Industry-specific media open doors for B2B sales reps…. Base: 878 Business decision makers …And industry-specific media help marketers increase the effectiveness of their sales teams Base: 816 B2B marketers

  14. Which trends in media use by B2B decision makers and marketers are most important?

  15. The top 3 choices are industry-specific media Looking forward, industry-specific media will continue to be more important among BDMs than general business media will in 2009 “How will your use of traditional media change in the next two years (2009)?” % who say their use of traditional tactics will “increase” or “increase significantly” in 2009. Base: 878 business decision makers

  16. Industry-specific Web sites rank #2 among ALL planned digital media In addition, BDMs’ use of industry-specific Web sites and Web events will increase beyond traditional media use in the future “How will your use of digital media change in the next two years (2009)?” % who say their use of digital tactics will “increase” or “increase significantly” in 2009. Base: 878 business decision makers

  17. While industry-specific media rank highly in BDM current media usage and plans for 2009, marketers spend a significant percentage of their budgets today on media that BDMs use or rely on less. Despite the value and importance BDMs place on B2B media, B2B marketers spend a significant percentage of their budgets on media that BDMs use or rely on less Reported % trade marketing budget spent on each marketing tactic in 2007 Base: 816 B2B marketers

  18. In side-by-side comparisons of individual media choices, B2B marketers’ budget plans will underutilize industry-specific media in 2009 “In 2009, how will your spending on the following marketing tactics to change compared with 2007?” % who say their use of these tactics will “increase” or “increase significantly” in 2009 Base: 816 B2B marketers, 878 business decision makers * = over-utilized

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