B2B brands are at least reasonably proficient at automation, judging by the State of B2B Marketing Automation, a study from Act-On, conducted in partnership with Ascend2.
Of the companies polled, 34% rate themselves as very successful at automation, and 62% as somewhat so. Only 4% say they are unsuccessful.
And brands are increasing their marketing automation budgets — 19% significantly and 56% moderately — for a total of 75%.
How far have they gotten with automation? They say they are:
Yet they face many challenges:
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Email tops the uses of B2B marketing automation:
These are their primary goals for the year ahead:
- Improve data quality — 44%
- Identify your ideal customers (or best prospects) — 41%
- Increase personalization — 38%
- Decrease costs — 35%
- Create or optimize overall strategy — 33%
- Integrate technologies/data — 29%
- Increase automation across the customer journey — 29%
- Identify better metrics to gauge success — 22%
B2B companies are also using AI for:
Meanwhile, 33% strongly agree that automation helps them build effective customer journeys, while 59% somewhat agree, and 49% strongly disagree.
Act-On and Ascend2 surveyed 207 B2B marketing professionals across various industries. Of these, 44% are at the C-level/executive level, 43% are VP/director/manager level, and 13% are at the non-management level.