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In Forrester’s 2024 B2B Brand And Communications Survey, we asked B2B marketing leaders to share their perspective on anticipated budget changes in 12 program and personnel categories. This year’s responses show expected increases are up in most categories over last year and expected decreases have dropped in most categories.
Today, Forrester released our 2025 Budget Planning Guides. It’s always an exciting time when we gather survey data and insights from our client conversations to produce a set of collective recommendations that B2B marketing executives should consider for the year ahead.
B2B marketing leaders ae no strangers to stretching budgets. As they head into a new planning cycle, our research will help them know where to focus for optimal results.
B2B companies are forecasting healthy increases in agency investments this year, according to Forrester’s Brand and Communications Survey 2024, which surveyed 205 B2B marketing leaders to understand their expectations for agency budgets over the next 12 months.
What are the best ways to spend your paid media budget in the new year? Here are 10 ideas you can explore, test, or implement depending on your organization’s level of paid media emphasis and sophistication.
Making the most of modest budget hikes will take cross-functional collaboration, a willingness to part with outdated tech, and strategic experimentation with (and beyond) AI. Business and technology leaders are gearing up to spend in the coming year.
Get an overview of our B2B marketing budget benchmark reports and find out how they can help you evaluate your marketing investment. Global averages mask a great deal of nuance.
Experience from past economic slumps indicates that B2B sales leaders’ budget plans must balance essential strategic investments with “quick win” tactical investments.
In Forrester’s Marketing Survey, 2024, nearly 900 global B2B Marketing executives and operations leaders indicated they expected an overall Marketing budget increase. Breaking that down further, 67% expected their technology budget to increase, 62% anticipated a larger programs budget, and even 59% projected to spend more on personnel.
B2B marketing leaders are experiencing their own version of Groundhog Day when planning their budgets. They need better planning information and better insights to avoid the tragic cycle of repeating past budget planning mistakes.
Last week, Mavis Liew and I had the pleasure of hosting Forrester’s B2B Peer discussion session with a small group of CMOs from enterprises across the Asia-Pacific region.
From pandemics to local disasters, product innovations to mere budget cuts, it's easy for campaign plans to fall out of synch with their environment. Join us at B2B Summit North America to learn how to stay aligned to market conditions and business priorities.
Upbeat budget expectations for 2025 will serve European leaders well, but placing the right bets will be critical to securing a competitive edge. Read a few of our top recommendations.
Since Forrester’s Planning Guide 2023: B2B Marketing Executives was published in late August, there have been many discussions with B2B CMOs about how best to approach budget planning for 2023. A clear pattern has emerged in the types of questions and here are the top five: 1.
Spending on B2B events is perennially one of the largest items on the CMO’s budget, with upwards of 30 per cent of program spend going on event activity. High spend demands accountability and according to Forrester’s Q1 2024 State Of B2B Events Survey, the number one priority for event teams over the next 12 months […]
The stakes are high for B2B buyer seller enablement. As enterprise buyers tighten their budgets, the competency of B2B sellers is more critical than ever before.
Third-party cyber security failures are costing businesses the most – up to £1.5m – as security budgets shrink, a study by Kaspersky Lab and B2B International reveals
The current COVID-19 has crisis upended CMO priorities and budgets, leaving many scrambling for alternate revenue sources, and all asking: what in the world to I plan for now?
This study is conducted every 1–2 years, and this is the first since the effects of the pandemic have started to stabilize, with B2B marketing starting to resemble something closer […].
(cowritten with Research Associate Julia Swerdlow) It’s not new that marketing technology (martech) plays a central role in enabling B2B organizations’ marketing strategies. In fact, more than half of B2B marketing leaders invest over 10% of their total marketing budget in technology, per Forrester’s Marketing Survey, 2023.
The B2B marketing landscape is experiencing a seismic shift fueled by the ascent of ChatGPT and other generative AI (GAI) apps. In a testament to its growing importance, 80% of marketers have experimented with or deployed the burgeoning technology, in some cases redirecting budgets from last year’s forays into the metaverse.
In an environment of tightening budgets and higher-than-ever expectations on marketing, marketing leaders are feeling pressure to perform and show results. A large part of the marketing organization’s budget is spent on campaigns each year, including generating demand, strengthening the brand, retaining customers, or enabling sales.
To prepare for a potential recession, B2B organizations will look to gain budget savings across marketing. Marketing leaders will look to identify realistic savings.
In the past few months since we completed the Forrester’s Annual marketing survey, I have been engrossed in finding patterns and correlations in the data about topmost priorities of CMOs globally, their challenges, growth objectives, key initiatives, technology usage, budgets, spending patterns and […]
Decreased budgets and pressure to perform in a challenging economy are forcing sales leaders to optimize their technology stack. Steve Silver recently published The Forrester Tech Tide™: B2B Sales Technologies, Q1 2023, which […]
Our Planning Guides will steer you toward budgeting decisions that set you up for success in 2025. Get a preview of what to expect when the guides launch on August 1.
Insent landed $2 million to help mid-market B2B companies improve how they identify and communicate with potential buyers. Many marketing teams reduced budgets, which increased Insent’s sales cycles and pushed deals out. Insent co-founders Arjun Pillai (left) and Prasanna Venkatesan. Insent Photo).
Amazon Launches Halo, Its First Wearable Health Device For The Average (Budget-Conscious) Consumer This week, Amazon launched Halo, a screenless wearable device that can monitor activity, sleep, temperature, BMI, and emotion.
High-growth companies see brand activation as a vital part of their strategy — even in economic uncertainty. Here are some of the ways that these organizations prioritize it.
Information Technology Blog - - B2B Appointment Setting Strategies - Information Technology Blog. B2B appointment setting is a skill crucial to anyone trying to generate sales for big business. Most of the sales managers depend on the B2B appointment setting in order to close a deal. Look for the Decision Maker.
They shifted ad budgets (under siege thanks to trust and transparency issues) to even more technology and CX initiatives. Customer experience (CX) was at the forefront of CMOs’ minds in 2018. Good news: The focus is creating more emotionally resonant and useful brand experiences such as Disney’s MagicBand.
Learn how to cut through the noise and build compelling business cases using Forrester's proven Total Economic Impact™ methodology — the same methodology we use to help our clients demonstrate a consistent, proven, and repeatable way to justify technology investments.
We are very pleased that our second B2B Enterprise IT Forum was so well received. All software ends up in the CIO’s budget for maintenance, so you have to keep the CIO in the loop in order to build a long term relationship within the organization. Thank you for all of the positive feedback. Ambrosino).
Overall budgets for technology investments. Specifically, tech-empowered customers and their rising expectations have led to changes in: Business priorities and areas for improvement. Who is involved in the decision-making process for tech purchases.
“Budgets are still getting scrutiny, but people are investing in growth again, versus just being conservative and waiting out the storm.” .” A large majority of CEOs (80%) said they were somewhat or very optimistic about the overall economic climate.
You’ll have enough budget to do […] You won’t know who’s working on the other parts. No, there’s no software to knit everything together – we can’t justify the spend. No, we don’t know the overall spend.
But despite previous attempts at transformation, most CSPs still find themselves wrestling with the same issues around legacy systems, processes and skills that chew up most of their budgets and shrink the time and resources that can be allocated to new initiatives. What’s needed from BSS to monetize future 5G and B2B opportunities.
Qadium raises $20M Series A led by NEA's Scott Sandell for its B2B IoT search and vulnerability detection engine (Thomas Fox-Brewster/Forbes). After acquisition by Google, Nest got "virtually unlimited budget", quadrupled employees, had no new products, caused constant bad PR, and may be for sale now (Ron Amadeo/Ars Technica).
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