Marketing budgets set to increase in 2013

This week the IPA Bellwether report which looks at marketing budgets within the UK has been released. Three hundred senior marketers from top businesses were surveyed and the results reveal that 36% of those surveyed are setting higher marketing budgets for the next financial year, while 23% are setting lower budgets compared to those set last year.

Specialist marketing job disciplines such as internet (8.9% increase), PR (1.8% increase) and market research (1.3% increase) saw the biggest budget increases. The digital world’s dominance in the marketing arena does not seem to be waning and in order to grow companies are still dedicating a large proportion of their budgets to this type of marketing.

“An upturn in business confidence and corresponding increase in budgeted marketing spend for 2013 augurs well for the wider economy,” commented Chris Williamson, chief economist at Markit and complier of the Bellwether report.

The Bellwether report’s findings of an improvement in business confidence have also been echoed by the Barclays Job Creation Survey. The Job Creation Survey was also released this week and the survey found that 56% of companies in the media sector will be hiring new employees and 84% of those companies are not looking to make any redundancies this year.

Marketing is an important part of any business and this point is emphasised by the rise in marketing budgets and the increase of companies hiring staff. Brand Recruitment has been helping businesses fill marketing jobs since 2005 in and around the Central and Eastern region. With an established office in Cambridge and a new office opened in Amersham, due to expansion into Berkshire and Oxfordshire, the specialist marketing recruitment agency can assist with any growing marketing departments and companies.

To view Brand Recruitment’s latest marketing jobs please visit Brand’s website

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