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Martech Spend Is Down Except at 56% of Companies: Nielsen Report

April 27, 2023
If your musical reference point is closer to the Andrews Sisters, you may be nostalgic for the days when A.C. Nielsen’s radio and TV ratings were the Next Big Thing. Nielsen is still around, of course, and their 2023 Annual Marketing Report contains interesting data on channel spend and effectiveness. The headline that caught my eye was “Investment in martech is declining”, which is a bit misleading: planned spend is down at 24% of companies but up at 56%.
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Half of Marketers Have Significant Underused Martech: Integrate Report

April 26, 2023
How big a problem is zombie martech? Half (51%) of the respondents to this Demand Metric survey for Integrate said they have a great or very great amount of redundant or unused tech. But they don’t seem too worried about it: 64% said their current martech stack supports them well or very well, 44% plan to increase their marketing ops and martech spending, and more plan to add new systems (32%) than to make their stack smaller (26%). Interesting.
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Assertive Yield and Outbrain Partner to Optimize Native Ad Results

April 25, 2023
Outbrain is a native advertising platform, which means it posts those click-baity stories crowding the margins of many web sites. They’ve just partnered with Assertive Yield, which analyzes the revenue those stories generate. The deal will let Outbrain’s clients optimize their content selections based on real-time performance. It’s one more example of combining data from two sources to tie ads to results.
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Star Performers Have More Unified, Trusted Data: Demand Metric and AlignBI Survey

April 24, 2023
Having data isn’t all bad, of course.  Demand Metric and AlignBI report that 68% of star performers have a complete or near-complete view of their customers, compared with just 18% of under performers.  Trust is an even bigger differentiator: 71% of star performance trust their data compared with just 15% of under performers.  Much more here on metrics, technology, staffing, and other details.
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Fragmented Tech Is Biggest Obstacle to Sales-Marketing Alignment: CMO Council Study

April 24, 2023
Here’s still more on customer data: CMO Council finds that it’s co-owned by sales and marketing at 36% of companies, while it’s in separate silos at 25%, owned by a separate function in 18%, owned primarily by marketing at 13% and by sales at 8%.  Just 39% are investing in a data warehouse or CDP, although fragmented technology is the biggest obstacle to better sales-marketing alignment.
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