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Title: 2005 Marketing Budgets, Trends, and Priorities: US and Europe
Author: Julie Schwartz and Bev Burgess
Date Published: February 2005
Ref. Number: OLB021505
Pages: 36 Slides

Description:

As marketers face another year of doing more with less, ITSMA is seeing a careful shifting of resources across competing services marketing priorities. Most important, services marketers are facing a difficult dilemma. They and their executive managements understand the importance of strategic marketing initiatives in a maturing market, yet immediate sales pressures are demanding a priority focus on tactical demand generation and sales support activities.

This ITSMA briefing outlines that current dilemma, using data from ITSMA members on services revenue, margins, marketing spending, and priorities for 2005. The briefing reviews current trends in marketing staff for services and solutions, and explores the balancing act that many services marketing organizations are playing as they try to straddle the strategic-tactical line.

The briefing also explores three types of initiatives that marketers are taking to improve short-term sales performance while also building a stronger foundation for longer-term growth: targeted marketing, thought leadership, and account-based marketing.

 

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