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CX Ranks First, Marketing Last in Digitization Priorities: GoodFirms Study

This GoodFirms survey focuses on digital transformation projects. It found that 78.6% of executives say they’ve already digitized their business processes and most of the rest are working on it. In an interesting distinction, improved customer experience was the top benefit cited while better marketing ranked last.

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Almost Half of B2B Software Purchases Require At Least Six Approvals: Zip Survey

January 27, 2023

No good salesperson blames the buyer for poor results, but that doesn’t mean buyers aren’t sometimes a problem. In fact, this study from Zip found that 79% of accounting and finance professionals said their company has challenges in its B2B purchasing process. One reason: 48% say their firm requires at least six cross-functional approvals for a new software or vendor purchase.

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Martech Spending Grows as Percentage of Marketing Budget: CMO Survey

April 26, 2024

Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.

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