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By on January 27, 2010

50% of Marketers Shifting Funds From Traditional to Online; Social “Top Priority”

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We already know that 84% of marketers plan to shift some of their direct marketing budgets to social media. Now, a new report from the Society of Digital Agencies suggests that 50% of marketers will shift budgets from traditional to online media.

Not only that, but the highest priority for this newly allocated budget is social networks:

Now, before all of your social media experts pee your pants with excitement, consider this. While social networking is the top priority, that doesn’t mean that companies expert to spend boatloads on it. In fact, according to this chart, social networking is #4 on the pecking order:

You’ll notice that the amount to be spent on “viral campaigns” is one of the lowest numbers. I don’t think it means that companies don’t want their campaigns to “go viral,” I think it suggests a new level of maturity in thinking. As one respondent put it:

“Rather than spending another misguided year trying to “engineer” viral campaigns that will propagate themselves, regardless of consumer intentions, it’s time to refocus our marketing efforts to align with the way that people actually behave.” – Ivan Askwith, Big Spaceship

Aw look, we’re growing up! :-)


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10 comments on “50% of Marketers Shifting Funds From Traditional to Online; Social “Top Priority””

  1. » Marketers Shifting Funds from Traditional to Online in 2010 Be Seen. Be Heard. Get Noticed. Says:

    January 27th, 2010 at 11:33 am

    [...] Priority”There is a new report out from the Society of Digital Agencies and reported on by Marketing Pilgrim suggesting marketers plan to further shift budgets from traditional forms to online media. The top [...]

  2. Philly design Says:

    January 27th, 2010 at 3:30 pm

    That is astonishing that many advertising are putting that much faith in the social media networks. They definitely are a prominent figure on the web.

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    January 28th, 2010 at 12:44 pm

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  9. Are You Getting The Most Out Of Your Keywords | Emerging PR Says:

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  10. Are You Getting The Most Out Of Your Keywords? « Rose Mateus Says:

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