Fifth of B2B marketers say proving effectiveness is their ‘biggest challenge’
56 percent of marketers have said that creativity is the most important skill required for navigating uncertain times, with 48.4 percent identifying return on investment (ROI) as the key metric to demonstrate marketing’s impact, while 30 percent noted that their organization doesn’t understand B2B marketing ROI — three of several findings of interest to B2B marketers contained in recently-released survey data. Marketing Week
Beware of sales calls, young B2B buyers say
74 percent of millennials and Gen Z will avoid more sales calls and outreach efforts than older B2B buyers, while 72 percent of overall buyers and prospects have indicated that they plan to consume more digital content along the purchasing journey — two of the statistics of interest to digital marketers found among newly-published report findings. Digital Commerce 360
Microsoft FY23 Q1: LinkedIn up 17%, search and news revenue up 11%
Microsoft’s latest performance report revealed that for the 16th consecutive quarter its LinkedIn (client) professional social network has seen record levels of engagement, with the number of user sessions expanding by 24 percent, accompanied by revenue that grew by 17 percent during the most recent quarter year-over-year, and LinkedIn newsletter subscriptions topping the 150 million mark, Microsoft recently announced. Search Engine Land
The Public’s Perception of the Advertising and PR Industry Has Plummeted to a New Low
The public’s perception and trust of the advertising and public relations industry has fallen to new lows according to one recent Gallup poll. A scant 26 percent of U.S. adults said that they see PR and advertising in a somewhat or very position light, bottoming out even more than the previous low of 27 percent in 2008, with net-positive ratings now even lower than during 2003’s previous record low, according to the newly-published poll data. MarketingCharts
Instagram Tests In-App Feature Allowing Creators To Schedule Posts
Meta-owned Instagram has placed the social platform’s Reels and post scheduling front and center in its latest public test of new features, which could make it easier for B2B marketers who publish on the platform, Instagram recently announced. MediaPost
Shutterstock partners with OpenAI to sell AI-generated artwork, compensate artists
Stock photography service Shutterstock recently announced an expanded partnership with OpenAI — the artificial intelligence (AI) research organization founded in part by Elon Musk — that will see Shutterstock offering AI image generation from natural language text prompts. The expanded partnership will use the DALL-E application programming interface (API), and allow its users to manipulate certain existing images within its database, while also implementing a new framework to provide compensation to those photographers and artists who have played a part in helping develop the AI models, Shutterstock recently announced. Ars Technica
Social Media Trends 2023 Global Report
Social media platforms have proven to hold both influence and attention, with the influencer economy having gained precedence as a top form of customer communications, while B2B brand content creators will increasingly become the faces of the brands they represent — three of several insights contained in newly-released global social media trend data. Talkwalker
The Top Challenges Marketing Leaders Expect to Face in 2023 & How You Can Solve For Them [Expert Insights & Data]
When it comes to the biggest challenges marketing leaders will face in 2023, adopting a data-driven marketing strategy and keeping up with the latest trends come out on top, with increased competition and fully leveraging a customer relationship management (CRM) system the next two greatest obstacles ahead in 2023, according to recently-published HubSpot survey data. HubSpot
Google launches My Ad Center as ‘Trust in digital experiences has declined’
Search giant Google has begun rolling out My Ad Center, a portal allowing advertising preferences to be chosen for the Google-based environment including YouTube, and enabling users to specify the brands that they wish to see ad content from, among other new features, Google recently announced. DigiDay
Which Content When? B2B Demand Gen Marketers Rate Effectiveness by Funnel Stage
When it comes to which types of digital content work the best at different points along the B2B buying journey, blog, infographics and videos were seen as the most effective for top funnel efforts, while white papers, case studies and virtual events were the leaders for bottom funnel activity, according to newly-published survey data. MarketingCharts
ON THE LIGHTER SIDE:
A lighthearted look at “Evolution of Marketing and 20 Years of Marketoonist” by Marketoonist Tom Fishburne — Marketoonist
Hey, Did You Listen to the 76 Hours Worth of Podcasts I Recommended Yet? — The Hard Times
TOPRANK MARKETING & CLIENTS IN THE NEWS:
- Lee Odden — This Week in Marketing: What’s Next for B2B Content? — LinkedIn (client)
- Ty Heath / LinkedIn — Five B2B marketing trends that buck traditional tactics — diginomica
Have you come across your own most important B2B marketing news item for the week that we haven’t yet mentioned? If so, please don’t hesitate to drop us a line in the comments below.
Thank you for making time to tune in to this week’s TopRank Marketing B2B marketing news, and we hope that you will join us next Friday for another array of the most up-to-date and pertinent B2B and digital marketing industry news. In the meantime, you can follow us on our LinkedIn page, or at @toprank on Twitter for even more timely daily news.
