Marketing budget optimists

Is there something irrepressibly optimistic about marketers? Careful with the slightly misleading headline in Marketing Week about low confidence ( Marketing Week on Bellweather Report – Confidence.), because the budgets that have been set are more bullish than ursine.

The article goes on to say that, yes, they are spending less – again – but:
“Budgets for 2011 have been set higher than actual spend in 2010 on average, with 39% of respondents planning to increase spend against 22% that predict a decline. However, the growth is still very small compared to pre-2008 figures.” [Shore Qual’s bold]

Given the economic context, I’d say this shows a remarkably forward-looking perspective. Evidence perhaps that marketing’s long haul towards the centre of business planning has made some progress? It is only common sense, but a common sense that perhaps didn’t prevail in many previous tough economic periods.

Advertisements

About Simon Riley

Qualitative researcher in the UK. I listen to people from all walks of life and think about what it all means. I work for leading brands, media companies and government.
This entry was posted in 21st Century Britain, Qual Research and tagged , , , , , , , . Bookmark the permalink.

2 Responses to Marketing budget optimists

  1. Irvin says:

    Book-marked, I enjoy your site! 🙂

    Like

  2. Herman says:

    Fine related information! I have been looking for things like this for some time currently. Regards!

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s