state of marketing : industry survey report : singapore 2011
DESCRIPTION
We are back again with the annual State of Marketing Industry Report 2011. Looking at how marketing strategies and tactics have been changing, this survey finds out more about the direction of today’s marketing and how it has changed from 2010. View/download the full survey report from Scribd. Followings are the key highlights of our findings:TRANSCRIPT
2011 STATE MARKETINGS i n g a p o r e I n d u s t r y R e p o r t | J u n e 2 0 1 1
OF
Executive Summary
Highlights
How the survey was conducted
Who responded
What they said
Marketing budget commitment
Marketing budget allocation
Primary purpose of web presence
Using SEM (Search Engine Marketing)
Presence in social media
Use of social media (now and in the near future)
Social media management
Time spent on social media
Conclusion
About GetIT
About Singapore Infocomm Technology Federation (SiTF)Digital Media Chapter
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CONTENTS
2011 State of Marketing
Singapore Industry Report
We examine:
• The marketing budget commitment of companies in light
of the current positive state of Singapore’s economy and
the fact that social media has morphed into a powerful
marketing platform.
• The primary uses and commonly used tools for social
media today. This year’s study provides an update on how
marketers employ social media and what has changed
since the publication of the 2010 report. Get the pulse of
companies’ attitudes and perspectives on social media in
terms of their marketing efforts. This survey also covers
the tools that marketers consider as the most relevant to
their campaigns.
• The relevance of Search Engine Marketing (SEM) and the
preferred platforms that companies use.
We are pleased to present once again the annual State of
Marketing: Singapore Industry Report. Conducted by GetIT
Comms with the support of Singapore Infocomm
Technology Federation (SiTF), this study builds on last
year’s survey. It sets out to observe whether marketers in
Singapore are using social media to grow and promote their
businesses, and to determine what methods and platforms
they prefer and use for their campaigns.
EXECUTIVE SUMMARY
2011 State of Marketing
Singapore Industry Report
2011 State of Marketing
Singapore Industry Report
2011 State of Marketing | 01
Showing an improvement from last year’s results, more than half of the respondents (52%) reported an increase in their
marketing budgets. Like in 2010, the boost in marketing budgets is still most evident in interactive digital media and social
media. Print advertising and broadcast media have bounced back this year.
The top benefits of social media marketing are still brand and product awareness.
This year’s top social media channels are Facebook, Twitter and LinkedIn.
HIGHLIGHTS
HOW THE SURVEY WAS CONDUCTEDAs in 2011, we tapped social media and direct e-mail to gather respondents. GetIT Comms and Singapore Infocomm Technology
Federation sent out email invites to their respective member/subscriber database. The survey form was also linked to B2Bento
(www.b2bento.com), Asia’s leading site for B2B marketing. Survey links were posted on Facebook, LinkedIn, Twitter and other
social networks. The survey ran for 15 days and received a total of 214 responses.
2011 State of Marketing | 02
More responses were received from Enterprise-level
companies compared to 2010 (27%). The highest spike in
share of respondents came from mid-sized companies
with staff strength of 99 employees or less.
Marketing departments are adequately represented this
year (Marketing Managers have 21% share of the pie),
while participation from the C-suite has decreased. It’s
also interesting to note that 33% of respondents come
from non-marketing sectors.
With 42% of individuals having marketing-specific roles
and a good 24% coming from upper management and
C-level executives, we can say that the survey findings are
reflective of the companies’ marketing outlook and
strategic direction.
WHO RESPONDED
Job Role of Respondents
CEO
Chief Marketing Officer
Managing Director
Managing Partner
Marketing Consultant
Marketing Director/VP
Marketing Executive
Marketing Manager
Other
0 20 40 60 80 100 120
Year 2011
Year 2010
20
4
13
4
4
16
1635
56
CEO Chief Marketing Officer Managing Director Managing Partner Marketing Consultant
Marketing Director/VP Marketing Executive Marketing Manager Other
19.61%
11.90%
2.94%
2.38%
2.94% 1.96%
2.38% 2.38%
21.57%
7.74%
20.59%4.90%5.88%
33.33%9.52%9.52%
19.61%
20.83%
Overall Marketing Budget for 2011
2011 State of Marketing | 03
Marketers still have good reason to celebrate as the majority of respondents say that their marketing budgets have increased
(52%) or stayed the same (29%) this year. Companies still have an overall positive outlook for 2011 and are willing to commit
sizeable funds for their marketing efforts. With 40% of respondents being from companies with staff strength of 100 or more, we
can see increased confidence in the economy from enterprise-level businesses compared to last year.
0 20 40 60 80 100
Year 2011
Year 2010
%
Increase Unsure
Decrease No Change
Decrease No Change
Increase Unsure
WHAT THEY SAIDMARKETING BUDGET COMMITMENT
10 22
13.73% 31.37% 43.14% 11.76%
13.10% 28.57% 52.38% 5.95%48
88
2011 State of Marketing | 04
%
Close to 66% of respondents attest that their marketing budgets for social media and social networks and interactive digital
media have increased. This percentage is a huge improvement over last year’s result. It underscores the still-increasing value
placed on these marketing platforms and shows correspondingly higher funding commitment companies are willing to give to
these to generate revenue. Trade shows report a slight increase in budget allocation and public relations suffered a slight drop
this year. But the most surprising increase lies in print, advertising and broadcast with 32% of participants reporting an increase
in budgets. This is quite interesting because even as marketing efforts are being diverted towards social media channels and
interactive digital media, traditional channels are still holding their own and remain quite relevant.
MARKETING BUDGET ALLOCATION
Increase No Change Decrease Unsure
0 10 20 30 40 50 60 70 80
Print / Advertising/ Broadcast Media
Trade Shows
Public Relations
Social Media & Social Networks
Interactive Digital Media
Overall Marketing Budget
32.14%37.50%
23.81%6.55%
31.55%48.81%
11.90%7.74%
30.95%44.64%
18.45%5.95%
65.48%26.19%
3.57%4.76%
64.88%25.60%
1.79%7.74%
52.38%28.57%
13.10%5.95%
2011 State of Marketing | 05
Print / Advertising / Broadcast Media
0 20 40 60 80 100 120
Year 2011
Year 2010
Increase Unsure
Decrease No Change
1140
63
54
27.45% 38.24% 19.61% 14.71%
23.81% 37.50% 32.14% 6.55%
0 20 40 60 80 100
Year 2011
Year 2010
Increase Unsure
Decrease No Change
Public Relations
13 20
82
53
13.73% 33.33% 34.31% 18.63%
11.90% 48.81% 31.55% 7.74%
Decrease No Change
Increase Unsure
Decrease No Change
Increase Unsure
%
%
0 20 40 60 80 100 120
Year 2011
Year 2010
Increase Unsure
Decrease No Change
Trade Shows
1031
75
52
17.65% 43.14% 22.55% 16.67%
18.45% 44.64% 30.95% 5.95%
Decrease No Change
Increase Unsure
%
2011 State of Marketing | 06
Interactive Digital Media
0 20 40 60 80 100
Year 2011
Year 2010
Increase Unsure
Decrease No Change
8 6
44
110
6.86% 37.25% 42.16% 13.73%
3.57% 26.19% 65.48% 4.76%
Social Media & Social Networks
0 20 40 60 80 100 120
Year 2011
Year 2010
Increase Unsure
Decrease No Change
13 3
43
109
3.92% 38.24% 43.14% 14.71%
1.79% 25.60% 64.88% 7.74%
Decrease No Change
Increase Unsure
Decrease No Change
Increase Unsure
%
%
2011 State of Marketing | 07
Primary Purpose of Web Presence
2011 State of Marketing | 08
0 20 40 60 80 100
As in 2011, a significant amount of respondents (83%) say that their web presence is primarily aimed at providing information
and news about the company. This has been the conventional role of a corporate website for the past decade. It is noteworthy,
however, that almost 70% of companies also leverage their web presence for sales generation. Social media continues to be a
key driver for this change. It only goes to show that a majority of companies has embraced progressive uses for their web
presence and is keen on getting more value from it.
PRIMARY PURPOSE OF WEB PRESENCE
Companies Using SEM Preferred Search EngineAdvertisement Platform
Provide information & News Sales Lead Generation E-Commerce (sale of products or services) Others
82.74%
69.64%
22.62%
3.57%
Amidst the buzz over social media marketing, market maturity for Search Engine Marketing is also on the rise. The findings from
this study more than attests to this as 64% of respondents say that they are using SEM. The search engine advertisement
platform of choice is Google Adwords.
USING SEM (SEARCH ENGINE MARKETING)
Yes
No
Yahoo! Search Marketing
Bing Search Marketing
Google Adwords
Others
4
27
91
23
60
108
%
Corporate Presence in Social Media
0
10
20
30
40
50
60
70
80
Not in social mediaOthersTwitterYouTubeLinkedInFacebookBlogs
25.00%
34.65%
4.76%
11.88%
2011 State of Marketing | 09
Facebook still reigns supreme in Singapore with 65% reporting that they are primarily active on it. The results also indicate an
almost 23% growth for the social media giant compared to last year. Twitter (42%) has finally caught up on this side of the world
and has snatched second place from LinkedIn and blogs (who were tied last year). With video becoming a stronger platform in
light of the improving quality of internet speed and access, YouTube has jumped to third place with 38%. It is heartening to see
that 10% fewer people are reporting that they are not in social media. Usage of blogs as a medium has gone down slightly.
PRESENCE IN SOCIAL MEDIA
Year 2011
Year 2010
33.93% 34.65% 36.31% 34.65%37.50%
24.75%
42.26%
31.68%
65.48%
42.57%
%
2011 State of Marketing | 10
0
10
20
30
40
50
60
70
80
OthersThoughtLeadership
CustomerEngagement
ProductAwareness
BrandAwareness
LeadGeneration
Year 2011
Year 2010
0
10
20
30
40
50
60
70
80
Don't plan touse social media
Unsure orStill Exploring
ThoughtLeadership
CustomerEngagement
ProductAwareness
BrandAwareness
LeadGeneration
Year 2011
Year 2010
We now see relatively the same level of attention, efforts and resources being allocated for brand/product awareness, lead
generation and customer engagement. Thought leadership is also proving to be a significant reason for using social media for
marketing. The figures increase somewhat proportionately when asked what they would use social media for in the next 6-12
months, with lead generation and customer engagement spiking to 61%. A significant improvement from last year, 83% of
respondents say they agree or strongly agree that social media is effective for marketing. Also, only 2% say they see no value
in it.
USE OF SOCIAL MEDIA (NOW AND IN THE NEAR FUTURE)
61.31%57.43%
70.24%65.35%
60.12% 60.40% 60.71%
53.47%
39.29%33.66%
11.31%
17.82%
1.79%
7.92%
42.86%
34.65%
62.50%
51.49%57.14%
41.58% 41.67%
27.72%25.00%
28.71%
2.38%6.93%
Current Use of Social Media
Expected Use of Social Media in the Next 6-12 Months
%
%
Who Manages Social Media?
This question was asked so that we can learn how companies view social media as a marketing channel, either as a traditional
channel that typically has strong external involvement (an agency for example), or one that sports a personal and authentic
tone of communication and comes directly from the people who run the business.
Going up from last year, 77% of respondents reported that they manage social media efforts in-house. 15% of companies
outsource aspects of their social media marketing.
SOCIAL MEDIA MANAGEMENT
2011 State of Marketing | 11
0
10
20
30
40
50
60
70
80
OthersAd hoc - as requiredOutsourced to anexternal agency
Distributed withinthe company
Marketingteam
IT Support
Year 2011
Year 2010
26.19%21.78%
60.71%
51.49%
16.07% 17.82%14.88%
11.88% 11.31%14.85%
4.76% 5.94%
%
31
41
98
25Strongly Agree
Neutral
Agree
Disagree
Strongly Disagree
Is Social Media Effective for Marketing?
Time Spent on Social Media Campaigns
2011 State of Marketing | 12
A good number of respondents (63%) say that they use social media for 2 hours or more each week and a further 31% use it for
more than 5 hours a week. This signifies a keen and sustained commitment to social networking and maintaining a social
presence. This figure has increased (from 81% to 94%) as more companies derive manifold benefits from social media marketing.
TIME SPENT ON SOCIAL MEDIA
From the budget distribution and social media marketing effectiveness standpoint, this year’s results continue to indicate that
most respondents comprehend the changing marketing landscape and are willing to commit higher budgets for interactive
digital media and social media. Time has proven that even if companies are still in the process of testing the water and figuring
out what works best, they are definitely learning and adapting to the evolving marketplace.
Social Media Marketing continues to gain more ground and it presents some welcome changes. Looking at the findings, we can
see a positive improvement in how companies use social media. Previously it was mostly leveraged for brand and product
awareness. Now we can see that lead/demand generation, lead nurturing and thought leadership in a social media marketing
context have all gained momentum – truly a great development for marketers.
But even as Social Media Marketing is gradually taking away resources that were previously allocated for Search Engine
Marketing, SEM still figures greatly in marketing campaigns. The stellar rise of social media hasn’t actually diminished the
relevance of SEM but instead pushed the latter to mature and become more efficient and effective.
CONCLUSION
0 20 40 60 80 100
Year 2011
Year 2010
2-5 hours per week
None
52
7
10.78% 34.31% 30.39% 24.51%
4.17% 33.33% 31.55% 30.95%
56
53
More than 5 hours per week
0-2 hours per week
2-5 hours per week
None
More than 5 hours per week
0-2 hours per week
2011 State of Marketing | 13
2011 State of Marketing | 14
GetIT Comms is a team of consultants who see marketing programs, campaigns and projects through from conception and
planning to execution and final delivery. The focus is on providing innovative marketing & communication solutions for Hi-Tech &
Telco companies using interactive digital media (IDM) and social media. GetIT Comms combines consulting services and
end-to-end digital marketing campaign management and execution targeted at demand generation, lead nurturing, customer
retention and engaging prospects. Execution is led by design and development of interactive digital media content, and content
deployment, management and tracking solutions. GetIT Comms also creates custom web and mobile apps for marketing and
communication. Established in 1997, GetIT Comms has more than a decade of experience in delivering results to major
corporations such as Cisco, HP, IBM, Dimension Data and Singtel.
For more information, please visit www.getitcomms.com or contact [email protected].
ABOUT GETIT
SiTF is the Singapore infocomm industry trade association. It brings together almost 400 corporate members from MNCs and
local companies. SiTF assists its members in business development, market intelligence, overseas trade missions, networking
and alliances. SiTF has eight chapters under its wing - Best Sourcing, Digital Media, Cloud Computing, eGovernment, eLearning,
Green IT, Singapore Enterprise, Security & Governance and Wireless. SiTF also owns and manages the Infocomm Singapore
Centre (ISC) in Shanghai and has a joint venture with Hangzhou e-Software Park (HZESP) to set up the solution centre in
Hangzhou, China, to give local infocomm companies a foothold into the China market.
The Digital Media Chapter (DMC) was set up in 2004 to promote and assist in the deployment and adoption of broadband
technologies, digital media and entertainment content through strong working relations with government agencies, local trade
associations and international organizations.
For more information on SiTF, please visit www.sitf.org.sg.
ABOUT SINGAPORE INFOCOMM TECHNOLOGYFEDERATION (SITF) DIGITAL MEDIA CHAPTER
This work is licensed under the Creative Commons Attribution-Share Alike 3.0 Singapore License.