Companies in the B2B space should anticipate allocating approximately 10% of their revenue towards marketing in 2024.
The marketing budget should be a mix of both digital and traditional approaches, with a suggested split of 50% for each.
The B2B Marketing Mix.
In B2B, the marketing mix can be broken down into the following 3 P's: Price / Performance / Proximity.
The price: B2B products are most often complex products (physical goods or services).
The price is an essential element.
It is calculated according to the criteria analyzed.