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SURVEY OF ECONOMIC
DEVELOPMENT MARKETING
      DIRECTORS
Conducted by Development Counsellors International (DCI)
                     February 2012
            Contact: Julie Curtin, EVP/Partner
    Julie.curtin@aboutdci.com @marketingplaces
Compared to 2011, what is the best description
of your current (or next fiscal) marketing budget:


                 11%             I am spending less on
                                 marketing in 2012 than I
    33%
                                 did in 2011.
                                 My marketing budget is
                                 the same as it was in
                                 2011.
                       56%       I will be spending more on
                                 marketing in 2012.
Q: As you consider your marketing efforts, in
general, rank in order (1st, 2nd, 3rd) in which markets
  you spend the majority of your money/resources:


  1st    Reaching the domestic/US market

  2nd Reaching a local/regional audience

  3rd Reaching an international market
Q: Assuming your audience is a domestic corporate executive in one of your
target industries, what are the three marketing tactics/tools you have found
to be most effective? Select up to three from the list, or tell us your own:

   80%   74%
   70%
               63%
                     59%
   60%

   50%

   40%
                           33%
   30%
                                 19%
   20%
                                       11%   11%
   10%                                             7%
                                                        4%
                                                             0%
   0%
From your experience, what is the most
effective social media channel for reaching
           corporate executives:

                4%
           4%                   Email
      8%

                                LinkedIn
8%
                         46%
                                Twitter

                                Social Media is not effective in
                                reaching corporate executives
     31%                        Other

                                Facebook
What is the greatest challenge you face as an
       economic development marketer?
Measuring the impact of your marketing         42%
efforts

Lack of Funding                                27%
Lack of Staffing                               23%
Getting the board to understand the                4%
importance of marketing
Other                                              4%
How do you measure the impact of your
      marketing campaigns (check all that apply)?
80%
        70%
70%
                    63%
60%

50%

40%
                                  33%           33%
                                                              30%
30%

20%

10%                                                                       7%

0%
       Meetings   Traffic to   Advertising   Impressions   Social Media   Other
       secured    website      equivalency                 Engagement/
                                                            Interaction
Bonus Q: Looking forward, how will the
 practice of economic development marketing
      be different three years from now?


• Half of the respondents mentioned the
  increasing importance and evolution of social
  media as a method to deliver information.

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Insights from Economic Development Marketing Directors

  • 1. SURVEY OF ECONOMIC DEVELOPMENT MARKETING DIRECTORS Conducted by Development Counsellors International (DCI) February 2012 Contact: Julie Curtin, EVP/Partner Julie.curtin@aboutdci.com @marketingplaces
  • 2. Compared to 2011, what is the best description of your current (or next fiscal) marketing budget: 11% I am spending less on marketing in 2012 than I 33% did in 2011. My marketing budget is the same as it was in 2011. 56% I will be spending more on marketing in 2012.
  • 3. Q: As you consider your marketing efforts, in general, rank in order (1st, 2nd, 3rd) in which markets you spend the majority of your money/resources: 1st Reaching the domestic/US market 2nd Reaching a local/regional audience 3rd Reaching an international market
  • 4. Q: Assuming your audience is a domestic corporate executive in one of your target industries, what are the three marketing tactics/tools you have found to be most effective? Select up to three from the list, or tell us your own: 80% 74% 70% 63% 59% 60% 50% 40% 33% 30% 19% 20% 11% 11% 10% 7% 4% 0% 0%
  • 5. From your experience, what is the most effective social media channel for reaching corporate executives: 4% 4% Email 8% LinkedIn 8% 46% Twitter Social Media is not effective in reaching corporate executives 31% Other Facebook
  • 6. What is the greatest challenge you face as an economic development marketer? Measuring the impact of your marketing 42% efforts Lack of Funding 27% Lack of Staffing 23% Getting the board to understand the 4% importance of marketing Other 4%
  • 7. How do you measure the impact of your marketing campaigns (check all that apply)? 80% 70% 70% 63% 60% 50% 40% 33% 33% 30% 30% 20% 10% 7% 0% Meetings Traffic to Advertising Impressions Social Media Other secured website equivalency Engagement/ Interaction
  • 8. Bonus Q: Looking forward, how will the practice of economic development marketing be different three years from now? • Half of the respondents mentioned the increasing importance and evolution of social media as a method to deliver information.