Over the past decade, inbound marketing has had a profound impact on the digital marketing landscape.
With activities focused on earning peoples attention and creating owned assets, inbound marketing tends to be more cost effective and less interuptive.
Inbound marketing works, but just how well?
Our partner HubSpot surveyed 4,000 marketing and sales professionals across the globe to develop a comprehensive report that shows the impact inbound marketing has had on their businesses.
They have been compiling this report for the past 8 years to give marketers and salespeople the knowledge they need about the industry.
Inbound has transformed the way we do business to be more human and less annoying.
This report is a good guage of the inbound marketing industry and where it is going in the future.
Below are 10 powerful charts for the 2016 State of Inbound report. I felt they were some of the most important take aways to help you get a pulse on where things are at.
If you'd rather look through the full report you can download it here.
Inbound works for every type of company
It doesn't matter who your customers are, inbound marketing is the best way to reach them. The mojority of ecommerce companies practice inbound marketing.
The top inbound marketing priorities over the next 12 months
Marketers remain focused on monetizing overall marketing efforts drill down on converting contacts and leads to customers and growing overall website traffic.
The top inbound sales priorities over the next 12 months
Closing more deals is a priority among the majority reps - no surprise there - but the second most cited priority was increasing the efficiency of the sales funnel.
Social Selling in 2016
Social media is now a top priority for more sales reps than ever before. With over a quarter of all sales reps making it their number one focus.
Top Marketing Challenges
Marketers are still having problems proving ROI. 43% of marketers say that proving ROI is thier top challenge.
Sales activities are becoming more difficult
40% of sales people are saying that connecting with meaningful prospects is more difficult now then it was 2-3 years ago. New systems and tools are consistenly being tested.
Is your marketing strategy effective?
39% of marketers say thier company's marketing strategy is ineffective. Employees at organizations that use inbound marketing practices tend to view their marketing strategy as effective.
What marketing channels are marketers heavily moving into?
Video is a top performer this year. 23% of marketers said they are planning on introducing youtube to their mix and almost 20% said facebook video. Native video is becoming a big focus for markters in 2017.
What drive inbound marketing budgets?
Two things drive securing your inbound marketing budget. Past success with inbound marketing and calculating ROI. In other words, if you can show that what you're doing is working then you're more likely to secure a higher budget. There is a strong connection between ROI and budget.
Lead quality by source
Are you getting the best leads from marketing, sales or referrals? Inbound marketing doesn't neccesarily produce the best leads, referrals tend to lead that category, but they do produce the most quality leads. Inbound marketing is more predictable and scalable than sourcing leads from sales or refferals.
Use these charts as a benchmark for your own operations. This type of industry information can be big help in preventing you from going down the wrong path or a big help in helping to see where your best opportunity lies.
Is your industry succeeding with inbound marketing? Do your marketing priorities align with the industry? Are you adopting social sales or a video strategy? How are you going to make it easier for sales reps to connect with prospects?
These questions are a few examples of how you might use this information.
Want a pdf version of these charts? Download it here...
What chart would you add that to this list? Do you think these 10 are the best charts to summarize the state of inbound?