B2B marketers will spend $3.77 billion on data this year.
Despite the fact that growth in B2B marketing data spend has slowed over the past few years, spending on third-party data will remain critical to B2B marketers, so much so that it will gain importance over the physical collection of leads (previously a B2B standard).
The deprecation of third-party cookies (which Google says will happen in 2024) will most certainly put a damper on B2B data collection efforts, so marketers should prepare now.
The bottom line: The digital age of B2B marketing is here. Marketers should be fleshing out their digital strategies with the right mix of talent and tech and fine-tuning the messaging for the new B2B buyer.
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