Elevate B2B Marketing News Weekly Roundup: Rising B2B SaaS Investments & The Top Types of AI Content
By Lane Ellis
The B2B Stash: Most Firms Are Spending More On Marketing, Especially Social Media
70 percent of B2B marketers have said that they plan to increase marketing budgets during 2023, with 19 percent planning on significant increases and 51 percent expecting a moderate increase, while social, media, content marketing, and email topped the list for most effective revenue drivers — some of the findings contained in newly-published B2B survey data. MediaPost
B2B Buyers Report Evaluating More Brands During the Purchase Journey
Technology and manufacturing B2B buyers evaluate an average of 3.4 brands during purchasing — up from 3.3 during 2022, with buyers having higher expectations, while 51 percent said that they consulted social media mentions in the decision-making process during 2023, up from 46 percent last year, according to recently-released report findings. MarketingCharts
Are B2B Brands Out of Touch with Younger Buyers?
64 percent of B2B buyers are in the millennials and Gen Z demographic, with 47 percent of those in the combined groups noting that they use technology information websites to gather buying information, 42 percent consulting message boards and forums, and 38 percent tapping into industry websites — some of the findings included in newly-published survey data. ANA
“Gen Z does not respond to traditional push marketing. They are looking for engagement with brands as opposed to being sold to.” — Mark Beal @MarkBealPR
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LinkedIn Shares New Insights to Help SaaS Marketers Capitalize on Current Trends
Microsoft-owned LinkedIn has released new data showing that investments in the software as a service (SaaS) sector are expected to reach $208 billion by the end of 2023, with some 72 percent of SaaS customers utilizing LinkedIn (client) ads to generate conversions, recently-released guide data shows. Social Media Today
Google opens access to Search Generative Experience today
Search giant Google has begun offering limited access to its AI-powered Search Generative Experience, rolling out early access to those who had previously signed up to test the new generative search tool, Google recently announced. Search Engine Land
The Top Types of AI-Generated Content in Marketing [New Data, Examples & Tips]
When it comes to business professionals who use AI, 58 percent have said they use the technology to create social media posts, while 50 percent tapped AI to make product descriptions, with 43 percent having used AI for composing email content — three of numerous statistics of interest to B2B marketers contained in newly-published study data. HubSpot
Study: Marketers Quickly Take To Generative AI
73 percent of B2B and B2C marketers have reported that they are using AI tools, with some 31 percent planning to do so within a year, and 46 percent expecting to use AI within they next two years, with top uses including brainstorming, content outlines, and draft material, according to recently-released survey data. MediaPost
YouTube’s Retiring YouTube Stories Next Month
Google’s …read more
Source:: Top Rank Blog