Trends in HR Marketing:Where HR Suppliers Spent Their Dollars in 2007 and What’s Ahead in 2008 P.O. Box 10 • Capitola, CA 95010 • 831.685.9700 1Trends in HR Marketing Where HR Suppliers Spent their Marketing and PR Dollars in 2007 and What’s Ahead in 2008
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HRmarketer Supplier 2007-2008 Marketing Report Final
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8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final
Trends in HR Marketing: Where HR SuppliersSpent Their Dollars in 2007 and What’s Ahead in 2008
P.O. Box 10 • Capitola, CA 95010 • 831.685.9700
3
Table of Contents
Abstract..........................................................................................................2 Table of Contents.............................................................................................3 Introduction ....................................................................................................4 The respondents ..............................................................................................5 Who’s Doing What? HR Suppliers’ Marketing and PR Activities in 2007 –
And Plans for 2008. ..........................................................................................6 The Importance of Various Marketing and PR Activities .........................................8 Marketing and PR Budgets for 2008....................................................................9 Where The Sales Leads Came From..................................................................11 Suppliers’ Marketing and PR Challenges ............................................................13 How Do You Know You’re Winning? Metrics, Metrics, Metrics...............................14 Press Releases, Public Relations and RSS ..........................................................16 Social Networking Participation ........................................................................18 Staying Knowledgeable ...................................................................................18 Supplier Optimism Heading into 2008 ...............................................................19 Conclusion: Where the Suppliers Are Headed in 2008 ........................................20 About HRmarketer..........................................................................................21 About Fisher Vista, LLC...................................................................................21
8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final
Trends in HR Marketing: Where HR SuppliersSpent Their Dollars in 2007 and What’s Ahead in 2008
P.O. Box 10 • Capitola, CA 95010 • 831.685.9700
4
Introduction
We began the “Trends in HR Marketing” research series in late 2005, with the firstTrends report published in early 2006. Our goal in launching this series was to
offer valuable insights and “windows” into the practice of marketing in the HR
marketplace. While many organizations provide research about Human Resources
solutions, and others report on marketing topics of all sorts, no firm was covering the
practices of marketing in our particular market space. To our knowledge, other than
this series, that continues to be the case. We eventually settled on two types of
surveys and reports, which we now alternate: the buyers of HR products and
services (the HR buyer), and the sellers of HR products and services (the HR vendors
and suppliers).
Your participation and feedback has been and will continue to be vital to the
continued success of this series. Indeed, vendor participation in the surveys
continues to rise. The first six reports are the most popular white papers and
research downloads from our HRmarketer Web site. Many of you have offered your
comments directly to us through conversations and blog posts. You’ve told us these
reports are valuable to you and you’ve offered comments on how to make them even
better. We appreciate all of your feedback. It’s been phenomenal.
This is the seventh installment: the 2007 Vendor/Supplier Report. In our view, the
findings are some of the most interesting to date.
One interesting survey result shows that most suppliers do not rely on any single
marketing or PR tactic for more than 25% of their sales leads. This statistic indicates
most suppliers have an integrated, multi-channel, and robust approach to marketing
and PR that incorporates online and offline, traditional and Web 2.0 activities. Asyou’ll notice in the findings covered below, while budgets shift, the new media and
marketing activities don’t eliminate the old, and HR suppliers are generally
expanding their range of activities across the board.
8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final
Trends in HR Marketing: Where HR SuppliersSpent Their Dollars in 2007 and What’s Ahead in 2008
P.O. Box 10 • Capitola, CA 95010 • 831.685.9700
6
Who’s Doing What? HR Suppliers’ Marketing andPR Activities in 2007 – And Plans for 2008.
We asked respondents to report which marketing and PR activities they used in 2007
and which ones they plan to use in 2008. The most popular marketing tactic for
suppliers was direct e–mail marketing with over 80% of suppliers saying they used
e-mail marketing in 2007 and plan to use it again in 2008. Other tactics of choice in
2007 (with plans to use in 2008) included trade show exhibiting (65%), print direct
marketing (60%), speaking at events (66%), press releases (63%) and self-
publishing original content such as white papers (61%).
The most often cited marketing and PR tactic that
suppliers used the last 12 months but do NOT plan
on using the next 12 months was print advertising.
Twelve percent of respondents reported doing print
advertising last year but will not do so in the next
12 months.
The least often used tactics in 2007 included sponsoring analyst reports (79% of
respondents reported not using this tactic in 2007), followed by podcasting (80%),
blogging (76%) and online advertising (56%).
However, the low usage of Web 2.0 tactics may be coming to an end. Marketing and
PR tactics that suppliers did not use during the last twelve months but plan on doing
in the next twelve months include a variety of Web 2.0 tactics such as online pay-
per-click advertising (22% of respondents), blogging (28%), podcasting (24%),
search engine optimization (31%) and press release distribution (22%).
The next chart summarizes the marketing and PR activities suppliers used during thelast 12 months and whether they intend to use them in the next 12 months.
Twelve percent of supplierswho invested in print
advertising in 2007 do not
plan on doing so in 2008.
8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final
Trends in HR Marketing: Where HR SuppliersSpent Their Dollars in 2007 and What’s Ahead in 2008
P.O. Box 10 • Capitola, CA 95010 • 831.685.9700
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It is notable that, with few exceptions, HR suppliers are expanding their marketing
and PR activities across the board. This is consistent with previous HRmarketer.com
findings that to be effective in today’s competitive landscape, HR suppliers cannot
rely on just a few proven marketing tactics. Instead, suppliers must use a variety of
traditional and Web 2.0 tactics to engage their buyers. This puts increased pressure
on marketing and PR departments to not only understand these newer tactics butalso properly integrate them into their marketing and PR plans. And this continues to
be a challenge based on the fact that after lead generation, Web site SEO and Web
2.0 technologies were reported to be the biggest marketing and PR challenges by
respondents.
16%
17%
20%
22%
23%
37%
39%
39%
44%
45%
50%
50%
53%
55%
60%
61%
63%
65%
66%
81%
4%
4%
4%
3%
1%
7%
6%
6%
5%
3%
12%
5%
4%
4%
5%
3%
2%
5%
2%
3%
24%
17%
24%
22%
26%
13%
22%
22%
16%
14%
8%
26%
31%
15%
10%
23%
22%
8%
17%
11%
56%
62%
52%
53%
50%
43%
33%
33%
35%
38%
31%
19%
12%
26%
25%
13%
13%
21%
15%
5%
0% 20% 40% 60% 80% 100%
Podcasting (participating)
Sponsoring analyst research (e.g. Gartner, Aberdeen)
Podcasting (publishing)
Blogging (commenting)
Blogging (publishing)
Advertising online - display (e.g. banner)
Advertising online - PPC (e.g. Google AdWords)
Media outlet published content (e.g. byline articles)
Media relations
Applying for awards
Advertising - print
Webcasts/webinars
Search engine optimization (SEO)
Distributing press releases over a "wire" service
Direct marketing - print
Self-publishing original content (e.g. white papers, e-books)Distributing press releases to media contact list
Trade show exhibiting
Speaking at conference(s)
Direct marketing - email
Used last 12 months and plan to use next 12 months
Used last 12 months but will NOT use next 12 monthsHave NOT used last 12 months but plan to use next 12 monthsHave NOT used last 12 months and will NOT use next 12 months
8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final
(4) print direct marketing and (5) trade show exhibiting. The following section of this
report, Budgeting in 2008, further supports these findings by showing many
suppliers’ intentions of cutting budgets for these activities in 2008.
Not surprisingly, respondents from large business (greater than $50 million in annual
revenue) are much more likely to favor more traditional marketing and PR activities
like print direct marketing and print advertising. Large businesses also place
considerably less importance on Web 2.0 activities like blogging and podcasting.
Larger suppliers also have more established brands and larger budgets with which to
build brand awareness. Many experts place advertising and certain aspects of public
relations as brand “maintenance.” Once companies obtain a well-known brandstatus, they will forever spend money just to keep that position. Smaller firms need
to drive leads and revenue while they slowly build brand, so they’re naturally led into
the lower-cost, highly measurable and democratized realm of Internet marketing.
But while larger firms tend to be the slow adopters and stick with what has worked in
the past, they are most definitely warming up to Web 2.0 tactics – they just aren’t
sold on them (e.g., Must Have) as much as smaller suppliers are.
8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final
Trends in HR Marketing: Where HR SuppliersSpent Their Dollars in 2007 and What’s Ahead in 2008
P.O. Box 10 • Capitola, CA 95010 • 831.685.9700
10
The growing importance of self-published original content is a byproduct of direct e-
mail’s popularity. As we highlighted earlier, direct e-mail is the most popular
marketing tactic for suppliers, and the most effective direct e-mail campaigns are
those with a content offer associated with them – like a white paper. We expect this
emphasis on original content will transfer to other mediums in the Web 2.0 realm.
Blogging, while not a major line item in the budget, plays an increasingly important
role in marketing communications for many suppliers.
The marketing and PR activity suffering the most budget cuts in 2008 will be print
advertising, with 16% of suppliers intending to spend less on this activity – and as
we reported earlier some suppliers are cutting their entire print advertising budgets.
Other activities where suppliers intend to cut budgets include trade show exhibiting,
print direct marketing and online “banner” advertising.
For smaller suppliers (under $50 million in annual revenue), there is a shift in
spending taking place from more traditional marketing and PR activities to Web 2.0
activities. However, larger suppliers appear to be maintaining their investments in
traditional marketing and PR activities while at the same time increasing their
spending on Web 2.0. This is likely due to the fact that larger companies have the
available capital to “experiment” with Web 2.0 and are not ready to abandon
traditional tactics, whereas smaller supplier with limited budgets must make an “either-or” decision – and they obviously feel Web 2.0-type activities give them more
bang for the buck. And while print advertising continues to decline and online
advertising closes the divide, print still leads by billions in revenue.
8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final
Trends in HR Marketing: Where HR SuppliersSpent Their Dollars in 2007 and What’s Ahead in 2008
P.O. Box 10 • Capitola, CA 95010 • 831.685.9700
20
Conclusion:Where the Suppliers Are Headed in 2008
We do not expect to see major differences in marketing and PR activities in 2008
compared to 2007 based on what our respondents report. Budgets will rise overall.
Spending will shift incrementally; what worked this past year will be repeated next
year. Testing and experimenting with Web 2.0 technologies offers the promise of
bringing suppliers both large and small closer to their potential buyers and existing
customers.
What continues to be worth our attention is the breakdown of the barriers betweentraditional marketing and PR disciplines and the convergence of Web 2.0 practices as
evidenced by a new breed of marketing and PR professionals. While not directly
addressed by our research data, a deeper reading combined with what we know of
marketing and PR professionals shows another subset of convergences happening.
PR and media pros are learning how their work impacts Web visibility and SEO.
Internet marketers who are often thought of as tacticians and technical mavens of
SEO are coming to the fore of marketing communications and impacting company
brands as much as or more than the ad execs or the PR team. Multi-disciplinary
generalists are working alongside tactical specialists in a more unified approach to
marketing and PR.
As the people behind the marketing/PR curtain continue to reorient and reinvent
themselves in an increasingly noisy and competitive marketing communications
environment, we expect to see the mix of traditional marketing and PR, online and
Web 2.0 marketing, and public relations evolve accordingly.
8/3/2019 HRmarketer Supplier 2007-2008 Marketing Report Final