Gartner: CMOs Show Misplaced Optimism In Face Of Shrinking Budgets

Although marketing budgets have dropped below 11% of total company revenue for the first time since 2014, CMOs remain optimistic about the outlook for 2020, according to Gartner’s CMO Spend Survey 2019-2020 report.

Marketing budgets declined from 11.2% of overall company revenue in 2018 to 10.5% this year, the survey …

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