Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

CMOs are bad at predicting how much they're going to spend on social media

on Jan 24, 2017 | 0 comments

By Rob Blackie

social spending

Back in 2013 I was planning for our social team.

A key bit of this planning was predicting how much chief marketing officers would spend on social. How big was our market?

So I turned to the CMO survey. Run by Duke University, it surveys around 400 senior marketers twice a year on a wide range of issues, including how much they spend, and plan to spend, on social.

It had this reassuring graph:

Loading…

Social media was going to grow 50% in a year, and 157% over the next five years – an Read full story ›

Source: The Drum