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US Senior Marketers Who See Dollars from Traditional IT Budget Reallocated to Ad/Marketing Budget due to Digital, Oct 2017 (% of respondents)
Description
US senior marketers were asked if they see dollars being re-allocated from traditional IT budgets to marketing/advertising budgets as a result of digital transformation. The chart shows if senior marketers said this transition was happening and to what extent.
Note
Respondents were asked, "Do you see dollars being re-allocated from traditional IT budgets (CIO office) to marketing/advertising budgets (CMO office) due to digital?" Data was provided to eMarketer by Cowen and Company.
Methodology
Data is from the December 2017 Cowen and Company "Shifting Sands: CMO Tech Survey on Key Trends & Ascension of the Consultancies" conducted by Qualtrics. 101 US CMOs and senior marketers from a variety of industries were surveyed during September-October 2017. Respondents identified their roles as chief marketing officer (CMO)/chief marketing technologist (CMT) (32%) and marketing senior management (68%). Respondents identified the number of employees at their company as 1-100 (5%), 101-500 (14%), 501-1,000 (16%), 1,001-5,000 (25%), 5,001-10,000 (19%) and 10,000+ (22%). Respondents identified their projected 2017 revenues as $500 million-$1 billion (21%), $1-$2 billion (20%), $2-$5 billion (17%), $5-$10 billion (15%), $10-$49 billion (13%) and $50+ billion (15%). Respondents identified their projected 2017 marketing and advertising budget as under $50 million (25%), $50-$99 million (22%), $100-$199 million (21%), $200-$499 million (11%), $500 million-$1 billion (8%), $1-$2 billion (5%), $2-$5 billion (5%) and $5+ billion (4%).