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One in five marketing executives spend most of their budget online

Digital marketing survey shows Irish marketeers are using social media platforms for online marketing.

Image: archie4oz via Flickr

ONE IN FIVE Irish marketing executives spend most of their budget online, according to the 2012 Irish Digital Marketing Sentiment Survey, published by AMAS and the Marketing Institute of Ireland (MII).

The online survey, which had 348 responses, was carried out in April and May 2012.

It indicates that while 75 per cent of marketeers say social media has allowed them to understand their audience more, 70 per cent say it has increased their work load.

Email campaigns remains an important part of marketing strategies with 67 per cent of respondents saying they use them for their business.

Social networking and blogs is the second most popular online format at 63 per cent, while search engine optimisation is also popular at 57 per cent.

Over 74 per cent of respondents said that online marketing was good for customer engagement while 63 per cent said it was value for money. Newspaper advertising was not used by 28 per cent of the respondents while 50 per cent did not use radio marketing either.

The use of social media sites for marketing has risen with 70 per cent of the companies now using Facebook. Respondents in the 80 percentile said that social media sites are used for building relationships with audiences and building brand awareness.

Twitter and LinkedIn were both popular at 61 per cent while 44 per cent said they used YouTube.

Fiachra Ó Marcaigh, an AMAS director told TheJournal.ie:

This is a continuation and acceleration of trends we have seen in recent years. Marketers are moving their budgets online in the Irish market as they have been doing in the UK, US and elsewhere. Of course this reflects the media habits of their audiences, particularly younger people, for whom social networking and online games are a substitute for traditional media, such as TV time.

He added that by switching spend to digital, marketers are reflecting the reality of the new media landscape.

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Comments (9 Comments)

  • Disgruntled business owners and marketing executives are not happy with the return on traditional print advertising. This is no surprise but great to see some fresh data!

    Reply
  • Ah here, 20% of ad execs spending the majority of their budget online isn’t exactly wow! @pagemax You have absolutely no data to back up that claim and while print media has taken a massive punching, it is still the top ad revenue generating mediums, ahead of radio and online combined last time I checked. Alot of online is still very unproven, Facebook for example is very expensive per 1000 whilst generating pretty dismal results so don’t get too carried away with yourself just yet. I appreciate there are many great Irish sites like thejournal.ie etc where banner ads and takeovers etc can create great impact but I still have to be convinced that online is going to take over the world as some people suggest!

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    • @diarmaid when I say traditional print I don’t necessarily mean newspapers… I agree 20% is not wow hence my “no surprise” comment and yes some online advertising has a better return than other online advertising. Im just happy to see some fresh data!

      Reply
  • They’ll be gutted that research has shown that less than 20% of Facebookers ever look at the targeted ads on their pages so

    Reply
    • Roy 06/06/12 #

      Facebook charges by clicks and supplies advertisers daily stats on views versus clicks. That stat was both well known long before the “surprising” revelation and irrelevant to the value for money. ;)

      Reply
  • “Anyone here in marketing?…Kill yourself!”

    Reply
  • overspending on morketing executives more like

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  • Given that the survey respondents were marketing executives, I think it is safe to assume that they are representing larger companies, most smaller firms could not justify such a position.
    The scale of digital media is now so broad that even companies that never engaged in brand/product/service advertising in the past now have websites, run online advertising, have Facebook pages and use SEO get the best positioning in organic search results.
    The big challenge is to find the best yielding mix of options that can be afforded by the business, with results measured in sales revenues generated. That mix will vary greatly depending on the type of business and the markets served. A local restaurant would have a very different spend profile to a B2B vendor of industrial products.

    Who looks up a telephone number or find a product using the phonebook or the Golden Pages, they search online. Digital now owns that space.

    The digital argument has been too focussed on whether Facebook/social media is better than Adwords or money spent on site design and SEO. What business needs is the knowledge and expertise to establish the mix and weighting of online initiatives to produce measurable results and offer value for money spent.

    Reply

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