Email marketing remains a leading tactic for B2B brands. But social has knocked it from the top slot, according to 2022 B2B Marketing Mix, a study by Sagefrog Marketing
Group.
Last year, email was utilized by 83%, versus 75% for social. This year’s list is as follows:
- Social Media & Social Media Advertising
— 83%
- Email Marketing — 75%
- Search Engine Optimization (SE0) — 61%
- Blogging and Content
Marketing — 57%
- Virtual Events & Webinars — 44%
- Public Relations — 44%
- Search Engine Marketing (SEM) —
40%
- Tradeshows & Events — 38%
- Print Advertising — 27%
- Video Marketing —
26%
- Telemarketing — 14%
- Other — 2%
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The stakes are growing because 58% of B2B marketers plan to
increase their marketing budgets this year, while 38% will hold steady. Only 4% foresee a decrease. This continues the steady rise seen over the past two years.
Here
are the areas in which they are increasing their spend:
- Website Development — 41%
- Digital Marketing — 37%
- Social Media — 34%
- Branding — 27%
- Content Marketing — 26%
- Advertising (e.g., Google)
— 22%
- Trade show & Events — 21%
- Email Marketing — 18%
- Marketing
Automation & CRM Software — 17%
- Public Relations — 14%
- Marketing & Sales Collateral —
12%
- Direct Marketing & Print Advertising — 11%
- Marketing Planning & Strategy — 9%
- Video Marketing —
8%
Yes, email ranks near the button, but it still went up by 3% over last year. In contrast, digital marketing fell from 44% in 2021 to 37% this time around. Social media went
from 22% to 34%. And brand marketing remained flat at 27%.
But email remains high as a source of sales and marketing leads:
- Referrals —
54%
- Social Media — 43%
- Email Marketing — 35%
- Inbound &
Content Marketing — 31%
- Tradeshows & Events — 28%
- Search Engine Marketing (SEM) —
26%
- Public Relations — 13%
- Telemarketing — 11%
- Direct Mail — 10%
- Other
— 7%
- Print Advertising — 6%
- Email has dropped 3% from 2021.
(Note: Other includes network
events, clutch reviews and outbound sales).
What tools are they using? Of those polled, 61% are deploying some type of marketing automation software, and these are the most popular
platforms among this group:
- HubSpot — 47%
- Other — 25%
- Marketo —
17%
- Pardot by Salesforce — 15%
- ActiveCampaign — 11%
- Salesforce Marketing Cloud
— 10%
- Adobe — 7%
- Oracle — 4%
HubSpot remains at the top, and has grown by 7% over last year.
Marketo is up by 1%, Pardot by Salesforce by 2% and the other category by 9%.
These are the most-used social media channels:
- LinkedIn—85%
- Facebook—71%
- Twitter—61%
- Instagram—49%
- YouTube—45%
- Pinterest—8%
- TikTok—7%
- Vimeo—7%
- Snapchat—2%
- Other—2%
- Do not use Social Media—2%
What’s next for B2B marketers? The respondents
are adding these marketing & sales strategies in 2022:
- Social media marketing — 41%
- Personalization — 41%
- Video
marketing — 39%
- Digital Marketing — 35%
- Account-Based Marketing — 33%
- Brand Storytelling
—33%
- Influencer Marketing — 26%
- Podcasting & Livestreaming—25%
- Retargeting — 24%
- Inbound Marketing — 23%
- Artificial Intelligence — (AI) & Automation —
23%
- Virtual Events — 21%
- Conversational Marketing (Chatbots)— 19%
- CRM Software
— 19%
- Mobile-First Strategy —11%
- Other — 4%
B2B brands are
well-organized—70% have a formal marketing plan. And, of those polled, 51% use both in-house and outsourced resources, while 41% do everything in-house and 8% rely totally on
outsourcing.
The top objectives for 2022 are:
- Increasing Brand Awareness
- Increasing Sales
Leads
- Increasing Website Traffic
- Converting Leads to Customers
- Producing Thought Leadership
For this,
the 15th annual report in this series, Sagefrog surveyed managers or directors (46%), coordinators or specialists (21%), C-Level executives (17%), vice presidents (9%) and assistants
(7%).
Of those, 33% were in marketing & advertising, 24% in professional & Business Services, 23% in Software & Technology, 18% in Healthcare & Life
Sciences, 12% in Industrial & Manufacturing, 12% in Other and 7% in Financial & Insurance.