Custom Publishing Research for BtoB Shows Increased Spend
- 4/15/08
New Study Reveals Increased Custom Content Spending, but Lull
in Brand Marketers' Knowledge of the Custom Industry
▬In participation with BtoB magazine, Junta42
surveyed marketers about their custom content practices, knowledge
and spending▬
New York, NY (April 15, 2008)-In anticipation
of its official June launch, business-pairing site Junta42, with
the help of BtoB magazine,
today released a survey of marketers' custom content spending
habits, their industry knowledge, and their engagement with a
variety of custom media channels. The responses-from 150 marketing
decision makers- confirm recently published industry spending
trends, but call into question marketers' knowledge of the industry
as a whole.
The online survey, which was delivered by BtoB magazine
to a targeted segment of their readership during the last week of
March, 2008, asked respondents to:
- share the percentage of their marketing budgets that go toward
custom products/publishing
- identify an increase or decrease in their companies' spend on
custom in 2008;
- select the different custom channels their companies engage
with
- rate their awareness of various industry websites and
organizations
- indicate whether they would hire a third-party online service
to assist them in finding a custom content provider/publisher
- and share their current methods of choosing such providers
The survey results offer telling insight into the relationship
between marketers and custom content. Business-to-business
marketers are spending 29.4% of their budgets on custom content and
custom publishing initiatives-a number that is in sync with the
Custom Publishing Council's December 2007 study (conducted in
cooperation with Publications Management), which measured 27% for
both consumer and business marketing professionals.
Of the 22 types of custom projects in question, a majority of
marketers reported producing e-mail newsletters (69%), white papers
(50%) and case studies (48%). Other popular formats were internal
communications via Intranet (36%) and employee newsletters (29%);
custom events & road shows (39%); webcasts/webinars (31%);
external newsletters (28%); blogs (28%); microsites & online
portals (27%); online videos (22%) and external custom magazines
(18%).
Despite this healthy dependence on custom content, marketers
tended to fall short in their knowledge of custom publishing
industry websites. When participants were asked to rate their
familiarity (Not Aware, Slightly Aware, Aware or Very Aware) with
industry web portals and associations dedicated to "custom
publishing" and "content marketing" [specifically Custom Publishing
Council (CPC), Marketing Sherpa, Marketing Profs, Junta42 and
Content Marketing Today], four of the five outlets listed received
a majority of "Not Aware" responses. (Marketing Sherpa was the only
outlet of which participants claimed to be "Very Aware").
"When you consider that the primary objective for producing
custom content is the education of current and potential customers,
there is a certain irony in the fact that marketers aren't aware of
the key educational resources that can help them produce better
content for those customers," said Joe Pulizzi, founder of
Junta42. "Business marketers continue to invest more in their
own content marketing, but knowledge of the industry or the
practice doesn't seem to have budged. Clearly there is a need to
educate marketers looking to deliver relevant and compelling
content to their customer and prospect base."
Although almost 30% of their marketing budgets are going toward
the production of custom content, 44% of marketers surveyed said
they would not be willing to invest in a third-party online service
to find the most qualified content providers/publishers for their
custom initiatives. Only 6% would spend over $100 for a possible
service.
Marketers are currently finding their content providers via
methods such as online searches (30%); asking a colleague/friend
(28%) or reading an industry publication (13%). Others are simply
using internal resources to produce content in-house (15%), going
to their agency of record (11%) or hiring a consultant (3%).
Detailed findings from this study are available
here. For more information about the survey and its
methodology, or about business pairing site Junta42 Match, please
contact Channel V Media at 212.680.0179 or
Gretel@channelvmedia.com.
About Junta42:
Junta42 is the leading media site dedicated to
everything content marketing and custom publishing. Presented as a
business bookmarking vehicle, the site is dedicated to marketing
professionals who want to attract customers through valuable and
relevant content creation and distribution.
Junta42 also offers Junta42 Vendor
Matching Service, the only buyer/seller matching site
for the custom publishing & content marketing industry (now
valued at over $56 billion). The service is an audited directory of
custom publishing providers, and gives marketing, agency and
association professionals the ability to match their project-a
custom magazine, newsletter, content Web site, video series,
etc.-to the exact qualifications of a custom publisher, content
agency, writer or other content provider. Matching services
are conducted online, allowing for ease and anonymity. Junta42 is a
division of Z Squared
Media, LLC.