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Title: Services Marketing Budgets and Benchmarks: 2007 Budget Allocations and Trends
Author: Julie Schwartz, Katie Gustin
Date Published: February 2007
Ref. Number: B017
Pages: 72 pages

Description:

 

2007 is shaping up to be a good year for marketers at IT, telecom, and professional services firms. Marketing budgets are on the rise, the job market continues to heat up, and services marketers are devoting more of their budgets to strategy and market planning.

Services Marketing Budgets and Benchmarks: 2007 Budget Allocations and Trends delivers a detailed look at the state of the services marketing profession as it exists in early 2007. It provides data on services marketing budgets, budget allocations, and marketing priorities from a range of companies across the technology and consulting industries.

Key trends highlighted in the report include:

  • Respondents predict robust services revenue growth in 2007
  • Services gross margins are improving
  • Marketing budgets are stable or growing
  • Marketing staffs are increasing in size
  • Marketers are shifting their budget spending to reflect their new priorities including:
    • Strategy and market planning
    • Services and solutions offering management
    • Sales/channel support
    • Customer satisfaction and loyalty management
  • Marketing communications budgets are shifting into:
    • Interactive, online, and digital marketing
    • Direct/database marketing

Topics covered in the report include:

  • Services marketing budget size and growth rates
  • Services marketing budget allocations
    • Corporate vs. field marketing
    • Personnel vs. nonpersonnel
    • Demand generation vs. awareness marketing
    • Investment by category
  • Marcom budget allocation
  • Services revenue and profitability
  • Services growth rates
  • Services marketing staffing
  • Solutions marketing
  • Gross margin trends
  • Top services marketing objectives

Companies included in the study:

Akamai Technologies, Alcatel-Lucent, ANSYS Inc., AT&T, Avaya Inc., BEA Systems, BearingPoint, Brocade Communications, Capgemini, CGI Group, Cisco, CPM, CSC, Dell, Diebold, Eaton | Powerware, EDS, Foliage, Fujitsu Services, Gelco Information Network, HCL Technologies, Hitachi Consulting, Hyperion Solutions, IBM, Juniper Networks, Inc., Microsoft, Nortel, Northrop Grumman, Oracle, Orange Business Services, PA Consulting, Perot Systems, Pitney Bowes, Polycom, Steria, Symbol, TeleTech, Unisys Corp., VEGA Group PLC, Vertex Inc., Wood Mackenzie, and Xerox Corporation

Study Methodology

In December 2006, ITSMA used a Web-based survey to gather data from its members about services marketing budgets, services growth and margins, and top marketing challenges. ITSMA received 45 responses from 42 unique companies and analyzed the collected data in three ways:

  • The data set as a whole
  • Company type—primarily services or product and services
  • Company size—less than $500 million or more than $500 million in annual services revenue

Respondent Demographics

Industry Respondent Perspective
  • Professional services firms – 43%
  • Software solutions vendors – 19%
  • Network systems vendors – 12%
  • Computer systems vendors – 7%
  • Telecommunications services – 5%
  • Other – 14%
  • Worldwide – 69%
  • EMEA – 24%
  • North America – 3%
  • Central America/Latin America – 3%

This report is available free to companies that provided detailed data in the study.
Alcatel-Lucent
BearingPoint
Capgemini
CPM
CSC
Dell
Eaton | Powerware
EDS
Fujitsu Services
Gelco Information Network
Hitachi Consulting
Hyperion Solutions
IBM
Juniper Networks, Inc.

Microsoft
Orange Business Services
PA Consulting
Pitney Bowes
Polycom
Steria
Symbol

TeleTech
VEGA Group PLC
Vertex Inc
Wood Mackenzie
Xerox Corporation

If your company is on this list, select "Member Price" on the order form, and then select option "C" for payment at the bottom of the form. Write "Participating Company" in the text box.

 
This report is available for sale at member and nonmember prices.
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Download the datasheet (including order form) PDF (180KB)

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