More evidence from Jim Sterne's eMetrics Marketing Optimization Summit that the down economy isn't negatively impacting members' online marketing budgets or interest and attention to web analytics.
65% of respondents said the state of the economy has no negative impact on their overall online marketing budgets. And while just over a third said it was negatively impacting budgets, only 15% plan to actually cut budgets.
More than 80% of respondents have seen increased interest in analytics from senior management within their companies. The report notes that this is usually a pain point for eMetrics attendees, and we certainly see it with out clients: getting management attention and buy-in is always a challenge.
But even more important that increased management attention: twice as many are increasing rather than decreasing their analytics budgets.
This is a powerful statement to the power of web analytics. As the report notes:
In a strong economy, anyone can succeed. When times are tight and competition is up, only the strong will survive.
Comments