Email is the most-used marketing tactic by B2B brands and is a top source of leads, according to The 2021 B2b Marketing Mix Report, a study by Sagefrog Marketing Group.
Yet email is
far down the list in terms of spend, even as overall spending is rising, especially in the digital area.
Marketing makes up 5% of the total company budget for 5% of B2B marketers. And
it comprises more than 15% for 13% of firms.
Another 13% say marketing is 15% of their total budget, and 21% put the total at 10%. Another 13% list it as 1% of budget, and 10% put it at
less than 1%.
Here are the tactics they use:
Email marketing — 84%
Social Media and Social Media Advertising — 75%
Blogging And Content Marketing —
69%
Search Engine Optimization (SEO) — 60%
Trade shows & Events — 54%
Search Engine Marketing (SEM) — 46%
Public Relations —
44%
advertisement
advertisement
Seminars & Webinars — 43%
Video Marketing — 38%
Print Advertisements — 27%
Telemarketing — 13%
But priorities are
different when it comes to increasing the spend. Spending is going up in these areas:
- Website Development — 51%
- Digital Marketing — 44%
- Content Marketing — 33%
- Branding — 27%
- Social Media — 22%
- Marketing & Sales Collateral — 21%
- Marketing Automation
and CRM Software — 21%
- Advertising Spend (.g., Google) — 16%
- Email Marketing — 16%
- Tradeshows and Events — 11%
- Direct Marketing and
Print Advertising — 11%
- Public Relations — 10%
- Marketing Planning and Strategy — 8%
- Video Marketing — 6%
- Other — 3%
Judging by this, most firms have their email systems in place and do not have to spend more on them.
And that’s just as well, because email is a top source of leads:
- Referrals — 65%
- Email marketing — 38%
- Search engine optimization — 33%
- Social media — 33%
- Tradeshows and events —
30%
- Inbound and content marketing — 30%
- Search engine marketing (SEM) — 21%
- Public relations — 17%
- Other — 13%
- Print
advertising — 8%
The report also lists marketing automation platforms by popularity. MediaPost does not endorse this ranking.
- HubSpot — 40%
- Adobe/Marketo — 16%
- Other — 16%
- Pardot by Salesforce — 13%
Social media use is growing, with 62% saying they have see ROI from paid
social. However, 33% are not using that channel, and 5% have tried it but haven’t generated ROI.
The most used social media channels are:
- LinkedIn — 86%
- Facebook — 79%
- Twitter — 60%
- Instagram — 60%
- YouTube — 56%
- Vimeo — 10%
- Do not use social media —
5%
- Other — 3%
- Snapchat — 2%
In another finding, 76% of B2B professionals have a marketing plan. In addition, 38% rely on in-house resources for
their marketing, while 56% use a combination of in-house and outsourced resources.
The top B2B objectives for 2021 are:
- Increasing sales leads
- Converting leads
to customers
- Increasing brand awareness
- Producing thought leaders
For this 14th annual study, Sagefrog surveyed B2B professionals across several industries. Of those
polled, 21% were at the C level.