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Friday, 24 February 2012

Over Half of Businesses Plan to Increase Marketing Spend

The latest survey by research group Mindmetre shows a growth in confidence from businesses when planning their marketing budget for 2012.

As reported by the BBC, 57.1% of the 2,000 firms questioned said they are looking to invest more in marketing while only 18.6% plan to make cuts. By comparison, the same survey in 2011 showed only 41% of companies wanting to increase their marketing budget and 42% had to prepare to cut back. Although there are worries over the UK being hit with another recession, these figures reflect how business owners understand the importance of spending in the right areas to encourage company growth.

One way to improve marketing productivity while seeing a clear return on investment is by integrating demand generation technology. A platform such as Profunnel’s will assist marketing and sales teams with their B2B lead generation, by increasing lead quantity, quality and conversion rates. Sales people are alerted of the activity and interests of warm allowing them target prospects with automated emails, tailored to suit their interests in specific services and products. This level of communication allows sales people to engage with leads who are at the final stages in the buying cycle - creating a greater rate for securing sales.

Visit Profunnel for more information on demand generation.

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