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Tuesday, November 4, 2008

60% of Marketing Budgets Remain Unchanged by Economy

So far, the majority of marketing budgets are not facing changes or cuts due to the economy, according to survey results released by eMetrics.

60% of respondents said their marketing budgets haven't changed.

After that, the news gets a little discouraging.

27.6% said their budgets are being affected negatively, while 6.9% answered very negatively.

Only 3.4% said their budgets were being affected positively and a miniscule 1.7% answered very positively.

Don't stay bummed for too long. The economy seems to finally getting senior management on board with those ever important analytics.

80.4% of marketers say interest in web analytics from senior management in the past 6 months has increased. On that note, it might be a good time to start pitching landing page testing as well.

So what advertising campaigns are specifically being affected? Check out this chart:

emetricseconsurvey1008.jpg

Some of the channels are being outsourced:

emetricseconsurvey1008outsourced.jpg

You can view the full report here (pdf).

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