Data from this study, conducted by Ecom Interaction and Benchmark research, shows that 31% of European marketers participate in email marketing, whereas 27% are engaging in targeted banner advertising. In the UK 58% of marketers use email marketing and 50% participate in targeted banner advertising. Spain is a close second with 54% of marketers engaging in email marketing and 37% engaging in targeted banner advertising. According to the study, France is the only country citing higher usage of targeted banner advertising (10%) vs. email marketing (9%).
Overall, the study also reveals, nearly half of European marketers (46%) are engaging in online marketing as part of their marketing strategy. Marketers in the United Kingdom and Spain are ahead of the pack with 73% and 66%, respectively, engaging in online marketing.
An encouraging finding was that 33% of European marketers plan to spend 15% or more of their total budget on online marketing this year. Comparatively, only 22% of European marketers spent 15% or more of their total budget on online marketing last year. Also, 49% of UK marketers, 38% of Spanish marketers, and 39% of Scandinavian marketers plan to spend 15% or more of their total budget on online marketing this year.
Interestingly enough, marketers in Europe tend to take advantage of in-house resources for managing their online campaigns over outsourcing this responsibility to an agency. Thirty-nine percent of European marketers manage their online campaigns in-house, while 21% of marketers rely on an agency. Twenty-four percent of European marketers cite using in-house resources in conjunction with an agency.