Thursday, August 22, 2013

15 Astounding Marketing Facts

Marketing facts and figures help marketers understand where we stand against the averages and norms. They also help us understand consumer trends, business trends and where the industry has been and where it is going.

Here are 15 of the most astounding social media, email and other marketing facts and figures that I have come across.

1. Companies spending more than 25% of their marketing budgets toward optimization are twice as likely to enjoy high conversion rates, according to a recent study conducted by Adobe. Does that mean optimizing your current marketing mix is a better investment than putting dollars toward new channels? Many marketers are not optimizing their current marketing channels to the fullest extent. Marketing optimization comes down to applying best practices and testing various techniques to improve response.

2. According to the 2013 Marketing Trends study conducted by J&C, 75% of marketers are planning to use social media this year. Social media was second only to email as the most used tactic in marketing. Social media users are now being inundated with messages.

3. According to HubSpot, in 2013 marketers spent almost a quarter of their overall budgets on blogging and social media.

4. According to HubSpot’s 2013 State of Inbound Marketing Report, companies that blog 20 times per month get five times more traffic than those that blog less than four times per month.

5. HubSpot also reported that 80% of marketers with a company blog reported positive inbound ROI for 2013. These organizations are likely implementing a number of inbound marketing tactics with a blog being one.

6. This year, 43% of marketers found a new customer via their company blog, according to HubSpot’s 2013 State of Inbound Marketing Report. Blogging takes a strong commitment to content development. Learn more about how to evolve your content development strategy.

7. In 2013, 90% of marketers say they will increase or maintain their use of email. Furthermore, according to Lyris, more than 145 billion emails are sent annually, equating to every user receiving approximately 9,000 emails a year. Breaking through a cluttered inbox isn’t easy. Be sure you are doing everything possible to test and optimize subject lines.

8. According to MarketingSherpa, 69% of consumers are willing to give up personal data in exchange for more customized service. Personalization is becoming an expectation and a norm by consumers and business decision makers.

9. According to Google Think Insights, 74% of mobile users rely on their mobile devices to check email. This number is likely to continue to grow, demonstrating the growing need for mobile optimized emails.

10. Mobile open rate on emails is up 138% in the last 18 months, according to Google Think Insights.

11. Almost half of mobile users feel frustrated and annoyed when they visit a site that’s not mobile-friendly, according to Google Think Insights. Ensure that your emails and landing pages are leveraging responsive design.

12. According to FierceCMO, the volume of triggered email increased 73% in 4Q12 from the year- earlier period.

13. Open rates for triggered emails hit 49.8% in 2012, almost 95% higher than general emails, according to HubSpot’s blog, December 14, 2012. To learn more about how to optimize your triggered emails, check out J&C’s Triggered and Behavioral Email ebook.

14. The direct mail business is growing by 1.4% annually, according to the DMA. Direct mail is a viable marketing tactic, and direct mail effectiveness, measured as response rate, continues to remain steady.

15. Two out of three people who receive direct mail make a purchase or also engage in a different marketing channel, demonstrating the power of integrated communications. Ensure all your marketing channels are working together to create a cohesive prospect and customer experience.

These marketing facts and figures help paint a clear picture of the state of marketing in 2013. Hopefully this information can help you shape marketing strategies and convince others of the approaches that should be pursued.

Larson Notes & Satire:  Fact is that Social and Social Media Marketing are getting more and better looks but Google and the other search engines than your web site. Add that to all the above and what are you waiting for?

And if you want your business to be more and have more, call us for an appointment.

Howard Larson
Larson & Associates
Target Marketing & Telesales Professionals for new account acquisition
Making good businesses great and great businesses even better

P.S. We make telesales for small business affordable by offering programs down to only 15 hours a week. Maybe you could add telesales into your marketing mix call today and find out.

1 comment:

Mabelle Bay said...

Great share. I totally agree and observed the rapid use of social media and blogs in the new era of marketing. Blog and social media reach a great number of networks/people, this is why there is a growing number of marketing strategists using these mediums.

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