Survey
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
B2B Small Business Content Marketing: 2013 Benchmarks, Budgets, and Trends – North America FOREWORD Hello Content Marketers! Welcome to B2B Small Business Content Marketing: 2013 Benchmarks, Budgets, and Trends—North America. When we recently surveyed 1,416 business-to-business (B2B) marketers from North America,* we found some key differences between B2B small business marketers (10-99 employees) and their B2B enterprise peers (1,000+ employees). For example, B2B small marketers: Use an average of 12 content marketing tactics, whereas their enterprise peers use 16 Rate social media (other than blogs) as the content marketing tactic they use most often, whereas their enterprise peers use video most often Agree with their enterprise peers that in-person events are the most effective content marketing tactic, but have more confidence in books and blogs than those peers do Use an average of five social media platforms, whereas their enterprise peers use four Outsource content creation much less frequently than their enterprise peers do. Plus, more B2B small business marketers (57%) than enterprise marketers (46%) are planning to increase their content marketing budgets over the next 12 months. Of course there are similarities, too. For instance, both B2B small business and enterprise marketers have a ways to go in terms of content marketing effectiveness: Just over 30% of both groups rate their organizations as effective at content marketing. Here we take a closer look at how B2B small business marketers approach content marketing. We think you’ll find the results interesting. On with the content marketing revolution… Joe Pulizzi Founder Content Marketing Institute *See page 19 for study demographics. 2 OVERVIEW 94% of B2B small business marketers use content marketing. Percentage of B2B Small Business Marketers Using Content Marketing 6% do not use content marketing 94% use content marketing 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 3 CONTENT MARKETING BY TACTIC B2B small business marketers use an average of 12 content marketing tactics. Number of Tactics B2B Small Business Marketers Use 7% 20+ Tactics 12% 16-19 Tactics B2B small business marketers use 13-15 Tactics 23% 10-12 Tactics 23% 27% 5-9 Tactics 1-4 Tactics 0 6% Average: 12 10 20 30 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 4 an average of 12 content marketing tactics, whereas their B2B enterprise peers use 16. 40 CONTENT MARKETING BY TACTIC Content Marketing Usage Among B2B Small Business Marketers (by Tactic) 22% 20% 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 5 15% 10% Games/Gamification 22% Annual Reports 24% 23% these tactics with greater frequency than their B2B small business peers do, with one exception: B2B small business marketers use blogs more frequently (76% vs. 70%). Podcasts 28% 27% Licensed/Syndicated Content 33% % 31 29% Digital Magazines 36% Mobile Apps Infographics Webinars/Webcasts White Papers Articles on Other Websites In-person Events Videos Case Studies Blogs eNewsletters 0 Articles on Your Website 20 Social Media—Other than Blogs 40 Research Reports 42% 39% 22% Virtual Conferences 60 B2B enterprise marketers use all of 60% Mobile Content 64% eBooks 69% Books 73% % 71 Print Magazines 76% 75% Microsites 80 social media (other than blogs) the most, whereas their B2B enterprise peers use videos the most (87%). 82% 81% Branded Content Tools 86% B2B small business marketers use Print Newsletters 100 TACTIC EFFECTIVENESS Confidence Gap Effectiveness Ratings of Tactics Among B2B Small Business Marketers Believe It’s Effective Believe It’s Less Effective In-person Events 64% 36% 38% Case Studies 62% 40% Blogs 60% 57% Research Reports 43% eNewsletters 56% 44% Videos 44% 56% 56% Webinars/Webcasts 44% Books 45% 55% eBooks 47% 53% 47% 53% White Papers Microsites 48% 52% 49% 51% Articles on Other Websites 50% 50% Articles on Your Website 100 90 80 70 60 50 40 30 20 10 10 20 30 40 50 60 70 80 90 100 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 6 Like their B2B enterprise peers (71%), B2B small business marketers consider in person events to be the most effective content marketing tactic. B2B small business marketers and their enterprise peers rate most items here similarly in terms of effectiveness, with two exceptions: Small business marketers have more confidence in books (55% vs. 35%) and blogs (60% vs. 46%) than their enterprise peers do. SOCIAL MEDIA USAGE Percentage of B2B Small Business Marketers Who Use Various Social Media Platforms to Distribute Content LinkedIn 83% Twitter 81% Facebook 80% 62% YouTube B2B small business marketers use an average of five social media platforms, whereas their B2B enterprise peers use an average of four. 40% Google+ 27% Pinterest SlideShare 24% 17% Vimeo StumbleUpon B2B small business marketers 11% Flickr 10% Instagram 9% Foursquare 8% Tumblr Quora 8% 5% Other 3% 0 20 40 60 80 100 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 7 most often use LinkedIn, Twitter, and Facebook, whereas their B2B enterprise peers most often use Facebook, Twitter, and YouTube. ORGANIZATIONAL GOALS B2B small business marketers cite brand awareness as their top goal for content marketing. Organizational Goals for Content Marketing (B2B Small Businesses) 82% Customer Acquisition 78% Lead Generation 74% Customer Retention/Loyalty 69% Thought Leadership 67% Website Traffic 66% Engagement 63% Sales 49% Lead Management/Nurturing 47% Brand Awareness 0 10 20 30 40 50 60 70 80 90 100 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 8 Brand awareness is the top goal for both B2B small business marketers and their B2B enterprise peers. MEASUREMENT CRITERIA B2B small business marketers most often use website traffic to measure content marketing success. Measurement Criteria for Content Marketing Success (B2B Small Businesses) 62% Sales Lead Quality 53% Sales Lead Quantity 48% Social Media Sharing 48% SEO Ranking 47% Direct Sales 44% Website Traffic Qualitative Feedback from Customers Time Spent on Website Inbound Links 38% 41% Like their B2B enterprise peers (64%), 44% Benchmark Lift of Company Awareness 27% Increased Customer Loyalty 24% Benchmark Lift of Product/Service Awareness 22% 15% Cost Savings 5% Cross-selling 0 9 10 20 30 40 50 60 70 80 90 100 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain B2B small business marketers most often use website traffic to measure content marketing success. BUDGET 57% of B2B small business marketers plan to increase their content marketing budget over the next 12 months. Content Marketing Spending Among B2B Small Business Marketers (Over Next 12 Months) Decrease 2% Unsure 10% 57% of B2B small business marketers Increase 48% Remain the Same 32% Significantly Increase 9% 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 10 plan to increase the amount they allocate to content marketing, compared with 46% of their B2B enterprise peers. BUDGET On average, B2B small business marketers allocate 31% of their marketing budget to content marketing. Percentage of Marketing Budget Spent on Content Marketing (B2B Small Businesses) 100% 0% 75-99% 50-74% 9% B2B small business marketers 25-49% 16% 10-24% 17% 13% 5-9% 12% 1-4% 0% 3% Did Not Answer/Unsure 0 allocate 31% of their budget to content marketing, whereas their B2B enterprise peers allocate 24%. 11% 10 20 16% 30 Average: 31% 40 50 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 11 60 INSOURCING VS. OUTSOURCING 39% of B2B small business marketers outsource content creation. Insourcing vs. Outsourcing of Content Creation (B2B Small Businesses) Outsourced Only outsource content creation less frequently (39%) than their B2B enterprise peers (65%) do. 3% 39% Both 0 B2B small business marketers 57% In-House Only 10 20 30 40 50 60 70 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 12 SEGMENTATION Nearly all B2B small business marketers segment their content. How B2B Small Business Marketers Tailor Content 61% Profile of Individual Decision Makers 53% Company Characteristics None Other 0 tailor their content in at least one way, compared with 92% of their B2B enterprise peers. 43% Stage in the Buying Cycle Personalized Content Preferences 90% of B2B small business marketers 21% 9% 4% 10 20 30 40 50 60 70 80 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 13 CONTENT MARKETING CHALLENGES Producing enough content is the top challenge faced by B2B small business marketers. Challenges that B2B Small Business Content Marketers Face Producing Enough Content 64% Producing the Kind of Content that Engages 54% Producing a Variety of Content 43% Lack of Budget 38% 33% Lack of Knowledge, Training, and Resources 29% Lack of Buy-in/Vision 25% Lack of Integration Across Marketing 23% Finding Trained Content Marketing Professionals 13% Inability to Measure Content Effectiveness 0 10 20 30 40 50 60 70 80 90 100 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 14 B2B small business marketers are more challenged with producing enough content than their B2B enterprise peers are (64% vs. 53%); however, they are less challenged in all others areas shown here, especially with lack of integration across marketing (23% vs. 58%) and lack of buy-in/vision (25% vs. 38%). CONTENT MARKETING CHALLENGES Biggest Content Marketing Challenge for B2B Small Business Marketers Producing Enough Content 26% Producing the Kind of Content that Engages 21% 13% Lack of Buy-in/Vision 10% Lack of Budget B2B small business marketers cite Inability to Measure Content Effectiveness 6% Lack of Knowledge, Training, and Resources 6% Lack of Integration Across Marketing 3% Producing a Variety of Content 3% Finding Trained Content Marketing Professionals 0 10 20 30 40 50 60 70 80 90 100 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 15 2% producing enough content as their biggest challenge, whereas their B2B enterprise peers cite producing the kind of content that engages. OVERALL EFFECTIVENESS Just 34% of B2B small business marketers believe they are effective at content marketing. How B2B Small Business Marketers Rate the Effectiveness of Their Organization’s Use of Content Marketing 5% 29% 5 4 3 Very Effective 2 1 17% 44% Not At All Effective 0 10 20 30 3% 40 50 60 70 80 90 100 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 16 B2B small business marketers and their B2B enterprise peers rate their organizations similarly in terms of content marketing effectiveness, with just 32% of enterprise marketers rating their organizations a 5 or 4. OVERALL EFFECTIVENESS Profile of a best-in-class B2B small business marketer. Comparison of Most Effective B2B Small Business Content Marketers with Least Effective B2B Small Business Content Marketers Most Effective Overall/Average Least Effective Percentage of marketing budget allocated to content marketing 46% 31% 14% Average number of tactics used 14 12 9 6 5 3 Plan to increase content marketing spend over the next year 60% 57% 46% Tailor content to profile of decision maker 73% 60% 43% Challenged with producing engaging content 41% 54% 65% Challenged with producing enough content 60% 63% 68% Average number of social platforms used 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 17 OVERALL EFFECTIVENESS Profile of a best-in-class B2B small business marketer. The most effective B2B small business marketers, when compared with their less effective B2B small business peers: Allocate a greater percentage of their marketing budget to content marketing Use more content marketing tactics Use more social media platforms to deliver content Tailor content to specific profiles/personas much more frequently Are far less challenged with producing engaging content Are less challenged with producing enough content 18 DEMOGRAPHICS B2B Small Business Content Marketing: 2013 Benchmarks, Budgets, and Trends—North America was produced by Content Marketing Institute and sponsored by Outbrain. This report is based on the responses of 398 small business (10-99 employees) and 216 enterprise (1,000+ employees) marketers, who were part of a larger business-to-business (B2B) North America survey, B2B Content Marketing: 2013 Benchmarks, Budgets, and Trends—North America. The electronic survey was mailed to a sample of B2B marketers from among subscribers of MarketingProfs and Content Marketing Institute in August 2012. A total of 1,416 B2B marketers from North America responded, representing a full range of industries (advertising/marketing, software, consulting, manufacturing, healthcare, finance, and others), functional areas, and company sizes. Industry Classification, B2B Small Business Other 24% 5% Healthcare/Medical/ 5% Pharmaceutical 5% Business 6% Services (Other) Publishing/ Media Manufacturing Advertising/ Marketing Job Title/Function, B2B Small Business Industry Classification, B2B Enterprise 24% Software Design/ Development/Distribution 17% 7% 7% Internet/ Online Services Consulting Other 23% Publishing/ Media Insurance 4% 4% 4% Manufacturing 16% Software Design/ Development/Distribution 16% 9% Content Creation/ Management 6% Job Title/Function, B2B Enterprise Other 6% Sales/Business Management 7% Consulting Corporate Management/Owner 2% Marketing Administration/Support 7% Marketing/Advertising/ Communications/PR General Management 43% 9% Corporate Management/Owner 22% Healthcare/Medical/ 5% Pharmaceutical 7% 6% Computer & Peripheral 6% Advertising/ Equipment Business Services (Other) Marketing Banking/ Accounting/Financial Telecommunications 2013 B2B Small Business Content Marketing Trends—North America: Content Marketing Institute/Outbrain 19 Sales/Business Management 4% 2% Sales Administration/Support 2% Other 5% General Management 6% Content Creation/Management 9% Marketing/Advertising/ Communications/PR Marketing Administration/Support 9% 62% About the Content Marketing Institute: The Content Marketing Institute (CMI) is the leading global View additional content marketing content marketing education and training organization. CMI research at the CMI website. For more insights on content marketing for teaches enterprise brands how to attract and retain customers small businesses, register for the through compelling, multi-channel storytelling. CMI’s Content Content Marketing World Small Biz Summit being held Marketing World event is the largest content marketing-focused September 12, 2013. event. CMI also produces the quarterly magazine Chief Content Officer, and provides strategic consulting and content marketing research for some of the best-known brands in the world. Get more content marketing resources at ContentMarketingInstitute.com. CMI is a division of Z Squared Media, a 2012 Inc. 500 company. About Outbrain: Outbrain, the leading content discovery platform, is on a mission to help readers find the most interesting content online, while giving publishers and brands the ability to reach a highly engaged audience. Using personalized links, Outbrain recommends content across a network of more than 300 premium publishers, including CNN, Fox News, Hearst, Rolling Stone, US Weekly, and Mashable. Links to content on a publisher’s own site increase stickiness, while links to high-quality third-party content increase site traffic and generate revenue. Outbrain is currently installed on more than 100,000 sites and generates more than 85 billion recommendations per month. 20