2010 marketing mix survey
DESCRIPTION
• Must-have for smart marketers • Reference for your 2011 Planning • 5-year marketing mix trendsTRANSCRIPT
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2010 Marketing Mix Survey Summary Report
Sagefrog Marketing Group, LLC
August 2010
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Survey Profile • Survey implemented during the summer of 2010 • Online questionnaire with 100 respondents • Broad industry distribution overweighed in the health and technology markets • Primarily marketing management professionals • Geographically focused in the greater Philadelphia and New Jersey area
Research Objective This survey was conducted to gain insights into marketing practices and uncover what marketers are doing to implement successful marketing tactics. Data from previous years’ surveys were used to identify marketing trends.
© 2001-2010 Sagefrog Marketing Group, LLC. All rights reserved. www.sagefrog.com
Most Companies Have a Formal Marketing Plan
3
59%
41% Yes
No
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Most Companies Outsource on a Project Basis
4
45%
10%
17%
28% Project Basis
Ongoing Retainer
Both
Company does notoutsource
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Most Companies’ Marketing Needs are fulfilled via In-house and Outsourcing
5
59%
39%
2%
Both
In-house
Outsource
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Percentage of Companies’ Overall
Budget Invested in Marketing
6
11%
6%
16%
34%
20%
13%
>15%
15%
10%
5%
1%
<1%
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Amount of Marketing Budget Spent (most to least)
7
1. Website Development 2. Online Marketing 3. Tradeshows and Events 4. Direct Marketing 5. Advertising 6. Marketing Planning and Brand Strategy 7. Public Relations
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Sources of Sales Leads (most to least)
8
1. Referrals 2. Online Marketing 3. Tradeshows and Events 4. Email Marketing 5. Telemarketing 6. Advertising 7. Direct Mail 8. Public Relations
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Return On Investment (most to least)
9
1. Referrals 2. Tradeshows and Events 3. Online Marketing 4. Email Marketing 5. Direct Mail 6. Advertising 7. Public Relations 8. Telemarketing
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Popularity of Marketing Tactics
10
7% 11% 33% 34% 36% 37% 40% 41% 43%
52% 52% 52% 54%
71% 82%
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Popularity of Social Media Tactics
11
1% 10% 11% 13% 18% 23% 27% 28%
28%
43%
63%
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About Half of Companies’ Plan to Increase Budget in 2011
12
48%
11%
41% Increase
Decrease
Stay the same
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Marketing Trends
• The majority (60%) of the companies are using both in-house resources and outsourcing to marketing agencies on a project basis
• Over the past 5 years, “5% of the overall budget is invested in marketing” is most common response; with an increasing percentage spent on website development and online marketing (2006 through 2010)
• The greatest percentage of marketing budgets are spent on website development, online marketing, tradeshows & events, direct marketing and advertising
• The greatest source of leads and Return-On-Investment are referrals, online marketing, tradeshows & events and email marketing
• The most utilized social media tactics are social networking sites such as Facebook and LinkedIn; as well as Blogs with usage rates of 63% and 43% respectively
• Despite the economy, approximately half of companies plan to increase their 2011 marketing budget
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About Sagefrog Sagefrog Marketing Group is a full service marketing, interactive and public relations company. Sagefrog specializes in health, technology and business marketing for companies based in the greater Philadelphia and New Jersey area. We utilize strategy, creativity and a proven process to help our clients reach the next level. Our services include: • Marketing Strategy and Tactics • Brand Positioning, Messaging and Identity • Website and Graphic Design • Online Marketing – SEO, SEM, SMM • Public Relations Services • Advertising and Trade Show support • Direct and Email Marketing Contact us and we will leap into action! Sagefrog Marketing Group, LLC 196 West Ashland Street Doylestown, PA 18901 Phone: 215-230-9024 [email protected]