Professional Documents
Culture Documents
Marketing Pulse
Q1 2023
© 2023 Bombora
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Bombora Marketing Pulse Q1 2023
Table of contents
Introduction
About Bombora
About this report
Industry snapshot
Conclusion
Data snapshots
Endnotes
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Bombora Marketing Pulse Q1 2023
The challenge
for marketers in
2023
Modern B2B marketers face a growing array of
challenges—from upstream efforts like managing
brand reputation to the downstream work of
driving qualified leads for sales to increasing
pressure to own a revenue number. Complicating
these challenges is the rate of change occurring
across marketing.
78+22+O
consumer behavior, market trends, and emerging
technologies.
78%
worse, is proactively pursuing your customers. As
both macro and microeconomic changes occur,
marketers are constantly evaluating and adapting
their strategies to address new constraints,
emerging business trends, shifts in the media
landscape, future-facing technologies, and more
to help accelerate their business’s growth.
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Bombora Marketing Pulse Q1 2023
Methodology
This report evaluates data from Q1 2023. Data
was last pulled from Bombora on March 6, 2023.
In this report, references to Q1 2023 refer to
data from January 1 to March 6, 2023. References
to Q4 2022 data include data from October 1 to
December 31, 2022. Previous year (2022) data
contains data from January 1 to December 31,
2022. Any other specified periods are defined in
the report.
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Bombora Marketing Pulse Q1 2023
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Bombora Marketing Pulse Q1 2023
Q1 2023
Marketing Pulse
2023 has started much like 2022 ended—high in optimism about the economy in Q4 2022,
economic uncertainty complicated by high with 66.3% reporting they were less optimistic
inflation, geopolitical challenges, and ongoing about the economy than in Q2. Those showing
supply chain constraints. However, there is increasing optimism dropped from 30.6% in Q2
one notable change: with a potential recession to just 12.1% in Q4. Additionally, 42.3% reported
looming, Q1 has seen businesses making expecting a decrease in marketing spending
material changes to protect themselves. In levels due to inflation.7
a recent survey, 61% of business leaders said
their organizations would likely have layoffs in Marketers turn to technology to
2023, while 70% reported their businesses are
likely to implement a hiring freeze in 2023.3 drive efficiencies
Additionally, business spending has been slipping Bombora’s Intent data on marketers illustrates
since peaking last summer,4 while over a third of how they’re responding to these economic
consumers project spending less money in 2023 pullbacks: exploring ways to do more with less.
(and only 20% expect to spend more—partly due To start, marketers are researching new tools and
to inflation).5 technologies to help streamline their marketing
and drive efficiencies. So far, in Q1 2023, we see
As we evaluated the marketing pulse of Q1 a massive increase in research of Marketing Tools,
2023, it’s clear that the economy is the macro- the top trending topic with a weekly average of
driver for many current trends. In response, 114,500 businesses spiking. This spike represents
many marketers are researching new resources a 20% increase from the Q4 2022 weekly average.
to do more with less, solidifying existing This spike in Marketing Tools research was also
customer relationships, and exploring new ways consistent across every industry we evaluated,
to engage with their customers in a changing the top trending topic based on average weekly
media environment. Lastly, we’ve seen research spiking businesses for every sector except for
increase in generative AI—such as ChatGPT— gaming, where it was second.
which brings exciting opportunities but a possible
impact on the job market.
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Bombora Marketing Pulse Q1 2023
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Bombora Marketing Pulse Q1 2023
Beyond loyalty programs, businesses are of the tactics of years past are no longer driving
exploring other ways to create relationships the same outcomes, forcing marketers to explore
with existing customers. In Q1, Bounce Back new ways to reach customers.
Programs—promotions issued to customers who
have recently completed a transaction—are the Influencer marketing is on the rise
sixth highest spiking topic in marketing, with a
As discussed in the previous section, businesses
weekly average of 56,368 businesses spiking and
are increasing their investment in social media
nearly 500,000 research spikes in the first two
to build stronger relationships with customers. In
months of the year.
addition to strengthening customer relationships
on social media, businesses are also investing
Marketers leverage social media to more in influencer marketing—with 89% of
build relationships marketers saying they will maintain or increase
Lastly, we see a significant spike in Social their investment in influencer marketing in 2023
Relationship Management, which includes and 17% of businesses planning to invest in it for
research on strengthening customer relationships the first time.11
through social media. Since last quarter,
businesses spiking for Social Relationship Short-form video research increases
Management have increased by 352%. This In conjunction with increased investment
increase is likely driven, in part, by a growth in in social media, we’re also seeing a major
social selling, with 41.1% of businesses saying investment increase in short-form video, with
they’re now using social channels to sell products 90% of marketers that use short-form video either
and services, including 44.8% of B2B Services increasing or maintaining their investment from
businesses and 28.6% of B2B Product businesses.10 2022. Additionally, 21% of marketers will leverage
short-form video for the first time in 2023, a
Marketers are seeking new larger increase than any other trend.
100+66+62+51+33+31
52,685
49,552
40,758
26,469
24,410
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Bombora Marketing Pulse Q1 2023
37,815
2022 Q1 2023
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Bombora Marketing Pulse Q1 2023
Industry
snapshot
*Projected
are doubling down on selling direct. Projections 83% increase in the weekly average compared
show D2C e-commerce sales increasing to to 2022. Similarly, businesses spiking on terms
$182.62 billion in 2023, up 17.3% year-over-year.16 including Hashtag (+150%) and Influencer
Marketing (+100%) have increased significantly
As manufacturers turn from faceless businesses over the same periods, suggesting that these
into consumer-facing brands, Bombora’s Intent marketers are exploring new ways to engage on
data shows the weekly average number of social media.
businesses researching Brand Strategy (45),
Branding Agency (35), Brand Awareness (29), and
Branding (27) spiking in Q1. Similarly, there is an
Marketers focus on data and
increase in research around pricing, with a 131% performance
increase in the weekly average of businesses While top-funnel activities are important,
researching Pricing Strategy in Q1 compared to marketers at the top 100 manufacturers are also
2022 and a 92% increase in businesses researching focused on performance. A third (34) of the top
Pricing Best Practices. 100 manufacturers are actively researching ROI
Analysis in Q1 2023—up 62% compared to 2022’s
Marketers invest in social media weekly average—and Demand Planning (33)—up
As marketers at the top 100 manufacturing 83%. Other performance-based terms are also
businesses look to accelerate D2C sales, they are spiking in Q1, such as Mobile App Conversion,
investing in social media to build relationships. which is seeing a 147% increase in the weekly
Nearly half (43) of the top 100 manufacturers average of spiking businesses (37) in Q1 compared
are actively researching Social Activation, an to 2022.
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Bombora Marketing Pulse Q1 2023
Conclusion
In Q1 2023, the story is economic uncertainty. those in the manufacturing industry. They’re
As businesses are reducing staff and pulling back focusing on what will drive measurable ROI but
on budgets, marketers are looking for ways to understand they must remain agile to adapt
leverage marketing tools and new technologies strategies and plans as changes emerge. While
that will drive efficient growth and build lasting great uncertainty poses a major challenge for
connections with customers. marketers, this rapidly evolving landscape is also
unlocking an unprecedented level of innovation
As marketers manage these pullbacks, they and opportunities for marketers savvy enough to
are also juggling social media and relationship capitalize. But the market seems unlimited with
management tools to build existing customer technology options, data sources, and choices
relationships, expand in-person experiences, and that breed complexity.
grow meaningful loyalty programs.
Bombora’s Intent data reduces those
Behaviors continue to shift, and certain media, complexities and gives marketers real-time
like linear TV, no longer provide the reach insights into market trends that can help direct
and performance they once did. In response, smarter strategies, performative plans, and
marketers are investing in short-form video elevated execution.
and even revisiting tactics like out-of-home
advertising to drive awareness and maximize the The impact of Bombora’s privacy-compliant and
effectiveness of ad spend. ethically sourced Intent data can yield double
and triple-digit marketing growth because it
Lastly, in Q1 2023, we’re seeing the emergence focuses on the “abnormal” search behaviors
of generative AI tools, such as ChatGPT. As these within our Data Co-op of the most highly
AI tools become more advanced, marketers will trafficked B2B websites. It’s the actionable
explore new ways to augment their work to drive insights that matter the most to marketers
greater efficiency and personalization at scale. today.
As we move forward in 2023, ongoing uncertainty To learn more about Bombora and how Intent
appears here to stay, but smart marketing data can transform your marketing, visit
leaders understand what’s at stake, especially bombora.com.
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Bombora Marketing Pulse Q1 2023
Data snapshots
All-up
• Top Topics
• Top Topics Spiking Over Time
• Top 5 Topics by Increase
• Top 5 Topics by Decrease
• Topic Category Rolling 3 Months Comparison
• Top Categories
• Intent by Company Size
• Intent by Industry
Audience stats
• Audience Size
• B2B Interest Groups
• B2C Interest
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Bombora Marketing Pulse Q1 2023
All-up Methodology
Top Topics
Topic Name Spiking Businesses (weekly avg.) Research Spikes
100+7670+6457+4946+4341+40
100+46+70+64+57+50+46+43+25+40
1 Marketing Tools 114,508 1,141,002
2 Gift with Purchase (GwP) 86,740 521,752
3 Loyalty Liability 79,700 800,453
4 Social Media 73,815 733,965
5 Live Streaming 64,810 646,707
6 Bounce Back Programs 56,368 566,139
7 Multi-brand Loyalty 52,685 529,606
8 Travel & Hospitality Loyalty 49,552 495,131
9 TrueBlue 47,197 283,695
10 Economic Growth 45,656 454,500
140,000
120,000
100,000
Businesses with Spiking Intent
80,000
60,000
40,000
20,000
0
Jan 1 Jan 8 Jan 15 Jan 22 Jan 29 Feb 5 Feb 12 Feb 19 Feb 26 Mar 5
• Live Streaming • Loyalty Liability • Hulu Advertising • Marketing Tools • Social Media
• Multi-brand Loyalty • Bounce Back Programs • Loyalty Points Program • Potential Customer • YouTube Advertising
• Travel & Hospitality Loyalty • Product Lining • Mobile App Inbox • Economic Growth • Gift with Purchase (GwP)
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Bombora Marketing Pulse Q1 2023
100+453431+24
Marketing Resource Management
Accelerated Mobile Pages (AMP)
Social Relationship Management
Native Advertising
CAN-SPAM
89+929394+100
1 Uplift Modeling 95%
2 Unique Selling Proposition (USP) 89%
3 Marketing Budgets 88%
4 Marketing Automation Tools 87%
5 Analyst Relations 85%
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Bombora Marketing Pulse Q1 2023
Top Categories
Category Name Spiking Businesses (weekly avg.) Research Spikes
79+6848+4644+ 42+3028+2318+1712+75+100
74+85+50+43+31+28+34+23+21+16+11+13+9+5+3+100
1 Ad Tech 295,638 5,878,412
2 Channels & Types 255,889 6,713,050
3 Strategy & Analysis 180,368 3,981,673
4 CRM 174,024 3,380,646
5 Social 165,813 2,448,979
6 Campaigns 163,295 2,251,354
7 Branding 158,682 2,711,063
8 Creativity Software 110,877 1,817,081
9 Content 105,489 1,626,972
10 Mobile 86,564 1,254,433
11 Agencies 66,833 878,580
12 Website Publishing 63,555 1,048,792
13 Email Marketing 45,515 724,713
14 Demand Generation 24,410 358,317
15 Search Marketing 17,647 204,131
16 Other 374,529 7,932,145
Intent by Industry
Industry Spiking Businesses (weekly avg.) Percent of Total
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Bombora Marketing Pulse Q1 2023
Agencies
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Branding
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Campaigns
Topic Name Spiking Businesses (weekly avg.) Research Spikes
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Bombora Marketing Pulse Q1 2023
Content
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Creativity Software
Topic Name Spiking Businesses (weekly avg.) Research Spikes
CRM
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Demand Generation
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Email Marketing
Topic Name Spiking Businesses (weekly avg.) Research Spikes
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Bombora Marketing Pulse Q1 2023
Mobile
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Search Marketing
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Social
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Website Publishing
Topic Name Spiking Businesses (weekly avg.) Research Spikes
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Bombora Marketing Pulse Q1 2023
Finance
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Healthcare
Topic Name Spiking Businesses (weekly avg.) Research Spikes
Manufacturing
Topic Name Spiking Businesses (weekly avg.) Research Spikes
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Bombora Marketing Pulse Q1 2023
Software
Topic Name Spiking Businesses (weekly avg.) Research Spikes
100+7472+6762 100+9388+8278
100+45+72+68+62 100+93+53+82+78
1 Marketing Tools 6,903 68,828
2 Gift with Purchase (GwP) 5,131 31,050
3 Loyalty Liability 4,996 49,698
4 Social Media 4,642 46,509
5 Live Streaming 4,304 42,827
Telecommunications
Topic Name Spiking Businesses (weekly avg.) Research Spikes
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Bombora Marketing Pulse Q1 2023
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Bombora Marketing Pulse Q1 2023
Audience stats
Function: Marketing
1
2
3
4
5
6
7
8
9
10
Trading & Investing
Hardware
Gadgets & Wearables
Personal Finance
Policy & Culture
Corporate Finance
Employee Services
Benefits
Training & Development
100+988785+807770+645950 100+815637+27 26+ 2522
Application & Software Development
165,900
162,900
144,700
140,700
133,500
128,400
116,500
105,500
97,800
82,800
1 Tesla 97,200
2 Dining and Restaurants 78,300
3 Cooking 54,000
4 Ford 35,500
5 Chrysler 26,500
6 Travel 25,900
7 Gardening 25,200
8 Fine Spirits and Liqueurs 24,900
9 Dodge 24,000
10 Concerts 21,000
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Bombora Marketing Pulse Q1 2023
Endnotes
1. HubSpot, 2023 Marketing Strategy & Trends Report, October 31, 2022.
2. Bombora, Q4 2022.
3. Resume Builder, Survey, January 19, 2023.
4. Kiplinger, Business Spending Outlook, January 27, 2023.
5. GWI, Zeitgeist survey, January 2023.
6. HubSpot, The State of Media & Content Planning in 2022. April 12, 2022.
7. Deloitte, The CMO Survey, September 2022.
8. Deloitte, 2023 Deloitte Global Marketing Trends Executive Survey, January 24, 2023.
9. Deloitte, The CMO Survey, September 2022.
10. Deloitte, The CMO Survey, September 2022.
11. HubSpot, The State of Inbound Marketing Report, October 31, 2022.
12. HubSpot, The State of Inbound Marketing Report, October 31, 2022.
13. Magna Global, Forecast, September 29, 2022.
14. Oracle, Marketing trends 2022, March 2022.
15. Salesforce Research, State of Marketing 8th Edition, September 2022.
16. eMarketer, Forecast, March 2022.
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Bombora Marketing Pulse Q1 2023
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and other Internet website references, may change without notice. You bear the risk of using it. This
document does not provide you with any legal rights to any intellectual property in any Bombora product.
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