Business Marketers Spend Big on Custom
Junta42, in conjunction with BtoB magazine, surveyed 150 marketing decision makers who subscribe to BtoB magazine. The survey took place during the last week of March, 2008.
The purpose of the study was to define business-to-business custom publishing spending and habits as it pertains to the usage of custom content initiatives.
The study asked marketers to:
The findings are the first of its kind that analyze custom content specifically for business-to-business markets.
Key Findings
Custom Spending Significant as Part of Total Marketing Mix
Business marketers, on average, spend 29.42% of their total marketing budget for 2008 on the creation and execution of custom content. These findings are in line with 2007 research performed by the Custom Publishing Council and Publications Management total spending numbers, which represented 27% of total budgets for both business-to-business and business-to-consumer marketers.
Marketers Show Preference for eNewsletters, White Papers and Case Studies
As a percentage, business marketers engage in the following customized content/custom publishing activities. Respondents were allowed to select as many activities that they currently produce as part of their marketing.
Business Marketers Increased Custom Content Spending in 2008
42% of marketers increased their spending on customized content marketing activities in 2008. Only 12% decreased their content marketing spend, while 46% left their custom budgets unchanged.
BtoB Marketers Are Unaware of Custom Publishing Educational Resources
Junta42, the Custom Publishing Council and Content Marketing Today - each with a focus on content marketing and custom publishing activities - scored less than 25% in awareness, with each scoring less than 2% as "Very Aware".
Marketers scored the following as Very Aware:
Business Marketers Are Unwilling to Significantly Invest in an Online Service to Find Custom Publishers
Although 30% of business-to-business marketing budgets go toward customized content, marketers are still unwilling to invest money identifying the best providers. 44% of respondents said that they would not be willing to pay for an online service that gave them the most qualified content providers/publishers for their custom content projects. The complete scores were:
Marketers Find Custom Content Providers through Search Engines/Referrals
The majority of business-to-business marketers use search engines (30%) and colleagues/friends (28%) as the major sources for finding qualified content providers and/or custom publishers to produce their content-based projects.
The response rate was 1.2%.
For more information on the survey and the custom publishing industry, please contact Junta42 at info[at]junta42.com. For more information on custom publishing and content marketing research, refer to Junta42's Ultimate Guide to Content Marketing.
Be the first to leave a comment on this story!
Please join Junta42 to leave a comment. Click here if you already have an account.