Online Marketing and Spending for It Increases

Digital marketing has high strategic importance to nearly two-thirds of marketers, according to a new study. And, over 75% of them plan to increase spending on digital marketing within their marketing budget this year.

Nearly 40% of those who forecast spending for 2004 said they would spend more than 20% of their marketing budget on digital marketing, which includes e-mail campaigns, Web site interaction, online advertising and e-newsletters. This area is expected to increase the most for marketers who spent between 11% and 20% on this medium last year.

More than 70% of respondents said brand awareness is a key use of digital marketing, but customer lead generation is more important.

Digital marketing is growing very fast in the business-to-business area