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2020 B2B Content Marketing Trends and Budgets

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2020 B2B Content Marketing Trends and Budgets

  1. 1. 2020 B2B CONTENT MARKETING TRENDS AND BUDGETS TOP RATED Linkedln Twitter YouTube Instagram Facebook 95% 86% 53% 46% 83% TOP RATED Linkedln Facebook Instagram YouTube Twitter 76% 66% 17% 11% 29% Social Media Advertising/Promoted Posts Sponsorships (e.g., booths, workshops, branding) Search Engine Marketing (SEM). Pay-Per-Click Banner Ads Promoting Your Content (e.g., ebook webinar) Partner Emails Promoting Your Content (e.g., ebook, webinar) Native Advertising/Sponsored Content (not including social media platforms) Other 72% 66% 61% 46% 31% 14% 0 20 40 60 80 32% Fact check our content to ensure accuracy Prioritize the audience’s informational needs over our sales/promotional message Craft content based on specific stages of the customer journey 95% 92% 81% 88% 66% 50% 74% 48% 26% 0 20 40 60 80 100 Less than $100,000 $100,000 to under $500,000 $500,000 to under $750,000 $750,000 to under $1,000,000 $1,000,000 or more Unsure There is no content marketing budget 36% 18% 18% 19% 4% 2% 3% Most Successful All Respondents Least Successful $272,000 $185,000 $109,000 0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 Large (1,000 + Employees) Medium (100-999 Employees) Small (1-99 Employees) $405,000 $213,000 $81,500 0 $100,000 $200,000 $500,000$300,000 $400,000 Email Engagement (e.g., open, clicks, downloads) Website Traffic (e.g., page views, backlinks) Website Engagement (e.g., time spent, bounce rate, form completions) Social Media Analytics (e.g., shares, followers, views, likes) Conversions (e.g., traffic to subscribers, leads to sales Email Subscriber Numbers (e.g., growth, unsubscribers) Search Rankings Marketing Qualified Lead Metrics (e.g., MQLs, SQLs) 90% 88% 86% 83% 78% 64% 51% 49% 100806040200 I want to specially thank the Content Marketing Institute, Marketing Profs and Sitecore for putting together this report. Now what are the differences between an organic content distribution and paid content distribution in the last 12 months of content marketing? Organic content distribution includes social media, the organizations website and blog and email and speaking events. Now there's notable differences between top performers and all respondents. Now speaking in events, 70% believe that that's their best organic content distribution channel, whereas only 63% of all respondents believed that. Now there's also guest posting and articles at third-party publications. Top performers are 63% of all top performers believe that's a great place to be, whereas only 48% of all respondents noted that was a great channel. What are the top social media platforms that B2B content marketers have used in the past 12 months for organic content? Now, top rated is LinkedIn followed by Twitter and Facebook. Now what about paid content distribution? B2B marketers have used in the past 12 months that includes social media advertising and promoted post with 72% of the surveyors saying that social media advertising is what they use. What are the best paid social media platforms for content marketing? The top rated is LinkedIn, followed by Facebook and Twitter. Now, what are part of the processes that content marketers are using to get their content in line with internal standards? 95% of the most successful marketers, fat check their content, ensure accuracy, and 88% prioritize the audiences information needs over sales and promotional messages. What's interesting is 74% of the most successful content marketers craft content based on specific stages of the customer journey, which is great. I wonder how many of that dovetails with having a documented content marketing strategy. No, let's think about budgets and ROI. Roughly 36% spend less than a $100,000 on B2B content marketing. 19% spend between $100,000 to $500,000. Now on average, the most successful companies spend $272,000 on content marketing on average. That does not always align with the size of organization. For example, large employers with a thousand plus employees spend a $405,000 on average on content marketing. Whereas medium size employers, roughly 100 to 999 employees spend $213,000 on average. Small employers, between one to 99 employees spend $81,500 annually on content marketing. And does your B2B organization measure content marketing ROI? That's pretty unfortunate that 43% say yes and 44% say no. So it's important to measure your content marketing ROI and justify the budget in your marketing spend for content marketing. What's important to be able to have a system to track when you have an inbound lead that looks at your website and downloads a white paper all the way to them becoming a customer. That way you can track how, how long it takes them in the buyer journey one, and how much that lead is worth. Then, you can back out your marketing budget based on the number of leads you want to get. Now, what are exactly are the metrics that a B2B marketers are using to track their ROI? The top three are email engagement, website traffic, and website engagement. It’s interesting is that only 49% of B2B marketers are tracking marketing qualified lead metrics such as MQLs and SQLs. That number should be higher to understand the ROI on content marketing spend. Now where do the KPIs stand? So does your B2B organization use metrics to measure content performance? Luckily, 80% say yes. Organic vs. Paid Content Distribution Processes B2B Content Marketers Have Budgets and ROI on Content Marketing Organic Content Distribution Channels B2B Marketers Used in Last 12 Months Organic Social Media Platforms B2B Content Marketers Used in Last 12 Months Notable Differences Between Top Performers and All Respondents (B2B Use of Organic Content Distribution Channels) Social Media Speaking/Events 70% 63% Media/Influencer Relations 46% 34% Guest Posts/Articles in Third-Party Publications 63% 48% Their Organization's Website/Blog Email Speaking/Events Guest Posts/Articles in Third-Party Publications Media/Influencer Relations Other 91% 89% 87% 63% 48% 34% 15% 0 20 40 60 80 100 0 20 Top Performers 40 60 80 Base: B2B content marketer. Aided List; multiple responses permitted. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Base: B2B content marketer whose organization used organic social to distribute content in the last 12 months. Aided list; multiple responses permitted. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs All Respondents Other content types used in last 12 months: Medium (11%); Pinterest (10%); Quora (5%); Reddit (5%); Snapchat (3%); and Other (7%). Paid Social Media Platforms B2B Content Marketers Used in Last 12 Months Paid Content Distribution Channel B2B Marketers Used in Last 12 Months 2019 Annual Budget for B2B Content Marketing (Average) (All Respondents) Does Your B2B Organization Use Metrics to Measure Content Performance? 2019 Annual Budget for BIB Content Marketing (Average) (By Content Marketing Success Level) 2019 Annual Budget for BIB Content Marketing (Average) (By Company Size) Concepts BIB Marketers Always/Frequently Take Into Account While Creating Content For Their Organization Base: B2B content marketer whose organization used paid social to distribute in the last 12 months. Aided list; multiple responses permitted. Note: 16% of respondents indicated their organization did not use paid distribution channels in the last 12 months. Base: B2B content marketer whose organization used at least one paid distribution channel in the last 12 months. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Note: Slight decrease is defined here as a decrease of 2 to 7 percentage points. Base: B2B content marketer who answered each concept. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Note: Marketers who reported their organization has no content marketing budget were not asked to specify If the expenditures come from a general marketing or other fund. The survey did not specify whether to include content marketing salaries, nor did it ask respondents to break out areas of content marketing spend. Base: B2B content marketers. Aided list. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Base: B2B content marketers. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Base: B2B content marketers whose organization uses metrics to measure content performance. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Base: B2B content marketers whose organization uses metrics to measure content performance. Aided list; multiple responses permitted. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Base: B2B content marketers whose organization uses metrics to measure content performance. 2020 B2B Content Marketing Benchmarks, North America: Content Marketing Institute/MarketingProfs Other paid social used in last 12 months: Pinterest (2%); Snapchat (2%); Medium (2%); Reddit (1%); Quora (1%); and Other (5%). Most Successful All Respondents Least Successful 80% 6% 14% Yes No Unsure Did Your B2B Organization Establish KPIs to Measure Content Marketing Initiatives in the Last 12 Months? Metrics B2B Marketers Tracked to Measure Content Performance in Last 12 Months (Top 8) 65% 27% 8% Yes No Unsure Does Your B2B Organization Measure Content Marketing ROI 44% 43% 13% Yes No Unsure

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