Elevate B2B Marketing News Weekly Roundup: Marketing Budgets Climb, Threads EU Rollout, & Brands Going Acoustic on AI
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By Lane Ellis
What B2B Software Buyers Look for in Online Reviews
64 percent of B2B buyers have said that they read online reviews during the awareness stage of the purchasing process, with 68 percent reading them while considering purchases, and 54 percent while in the decision-making stage — three of numerous findings of interest to B2B marketers contained in newly-published survey data. MarketingProfs
Gartner: 20% of brands to go ‘acoustic’ amid rising generative AI concerns
By 2027 some 20 percent of brands will leverage the fact that they are not using AI in their business as a key differentiating point, while by 2026 80 percent of top creative roles are expected to have a greater mandate to use AI to achieve results that stand out, with 79 percent of consumers expect to utilize AI-enhanced search during the next year, according to recently-released Gartner research data. Marketing Dive
Is Marketing Becoming More Complex? [Report]
Within two years marketers will work with an average of 7.5 service providers, manage 14.6 channels, and utilize 16.3 marketing technology tools, as 70 percent of marketing and media decision-makers have said that they are under greater organizational pressure to establish and maintain their brand presence, according to new survey data of interest to B2B marketers. MarketingCharts
The Right Way to Build Your Brand
When it comes to brand perception, purchase intent and brand preference, 56 percent of customer promise (CP) campaigns 56 saw improvement — compared to only 38 percent of other campaign types, and the Harvard Business Review recently explored the practice of customer promise marketing with industry leaders from LinkedIn’s B2B Institute, examining brand advertising effectiveness surrounding new customer acquisition and retention. Harvard Business Review
“Brand promises are about the brand. Customer promises are about the customer. All customer promises are brand promises, but not all brand promises are customer promises.” — Mimi Turner @MimiTurner01 of @LinkedIn
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Dentsu’s 2024 Media Trends Report
91 percent of chief marketing officers have said that they viewed AI as the future and not just a fad, a figure that dropped to 78 percent among consumers, according to newly-released 2024 media trends report data from Dentsu. MediaPost
Marketers’ Business and Budget Expectations for 2024 [Report]
36 percent of global marketers have indicated that they expected to increase their investment in the LinkedIn professional social platform during 2024, while 61 percent expected overall business to improve in 2024, with 54 percent having pointed to brand metrics including awareness and purchase intent as the leading measures of marketing strategy effectiveness, according to recently-published survey data of interest to B2B marketers. MarketingProfs
Google will start phasing out third-party cookies in weeks with new feature
A group representing about one percent of global users of Google’s popular Chrome web browser will have Google’s Tracking Protection tool activated in January, 2024 — the first segment of users to receive …read more
Source:: Top Rank Blog