This past week Michele Santiago of the Society for Marketing Professional Services (SMPS) forwarded me the executive summary of the 2009 Marketing S&E Survey as released by the SMPS Foundation. Looking it over I found a wealth of information and I wanted to share the highlights with you. Also, with Michele’s permission, I have posted a copy of the complete executive summary under the “resources” tab here on Cofebuz. I hope you find the information as interesting and as helpful as I did!
Summary of the Executive Summary
In the Design and Construction Industry:
- Offices spent an average of 8.0% of their 2008 net revenues on marketing.
- On average 4% of a companies workforce is involved in marketing full time.
- An additional 10% of company personnel are involved in the marketing process, just not as their primary job.
- About two-thirds of offices (63%) reported that there was no change in the number of their marketing-related employees in 2008 compared to 2007.
- Among the offices reporting a change in the number of marketing related employees: 22% reported an increase and 14% reported a decrease in 2008.
- When asked to look ahead to 2009 82% of offices indicated the number of marketing-related employees will stay about the same. 10% thought there would be an increase and 6% predicted a decrease.
- Marketers’ mean age is 38.6. Females are the majority in the built and natural environment field, outnumbering males by a ratio of four-to-one.
- More than four in five marketers (83%) have obtained a four-year college degree, including 16% who hold a graduate degree. (I would like to know how many have a marketing degree, at a SMPS VA conference last year it was less than 35%)
- More than one in three marketers (36%) have formal design and construction technical training such as engineering or architecture.
- Average marketing expenses breakdown: 36.4% on compensation and fringe benefits for marketing personnel, 32.4% on Business development, 15% for promotion (advertising etc…), and 6.4% on planning and research (business/marketing plans, competitors, etc.).
As noted above, if you would like to read the complete executive summary, simply go to resources and look for “SMPS 2009 Marketing S&E Survey Executive Summary.” If you would like to read the full report, the information on how to obtain it is available in the last page of the executive summary.