clipped from: www.emarketer.com   

B2B Marketers Ready to Spend Online


B2B marketers in the US plan to increase spending on Internet marketing more than traditional marketing, marketing hires or overall marketing through July 2009, according to a study by Duke University's Fuqua School of Business commissioned by the American Marketing Association.

B2B services marketers surveyed said they would bump up their Internet marketing spending by nearly 18%, compared with less than 6% for traditional marketing. B2B product marketers planned to be even more conservative, increasing Internet marketing by less than 13% and traditional marketing by less than 2%.


Areas of Marketing Spending Growth in the Next 12 Months According to B2B Marketers, July 2008 (% change)

“They are also simply following customers," Ms. Krol said. "Their customers are researching and evaluating products and services online, particularly in the early phases of the purchasing cycle, so it makes sense to be where they are congregating.”


US B2B Advertising Spending, by Media, 2006 & 2007 (millions and % change)