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Is email marketing a priority for your company? Nothing answers that question quite like your budget. After all, how you allocate your marketing capital is the truest indicator of what’s important to your business. According to the latest survey by MarketingSherpa, it looks like email marketing means different things to different companies.

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Too often, we think we know the answer. We know our clients pain points. We know the solutions they need. We know how much they should budget for it. Unfortunately, what we purport to know is rarely what actually happens. Prospects may delay a purchase, alter implementation timelines or even go down an entirely different path. When this happens, IT sales professionals and implementation teams are often surprised, feeling that the change of plan came out of nowhere. If you pay attention, however, you’ll pick up cues along the way that can keep these surprises from arising.

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There’s more to online marketing than banner and text ads. The latest study from MarketingSherpa estimates that paid search is good for 21 percent of online marketing spending and is topped only by the company budget, which picks up 27 percent on average. Social media is clearly no longer the object of dabbling, securing 11 percent of the online marketing budget: beating out search engine optimization (SEO) at 10 percent, online display advertising at 6 percent and other online marketing at 6 percent. But, social media marketing still hasn’t caught up with e-mail marketing, which claims 19 percent of the marketing budget.

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[Source: MarketingSherpa]