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Budgeting forecast; Spending for large events down; executive meetings to grow in 2008.(Events)(Report)
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B to B
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January 14, 2008
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Copyright informationCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: ERIN BIBA
Budget forecasters are predicting that spending on large events will be down this year. But that's not an umbrella forecast for all types of events. Instead, marketers intend to increase financing for smaller, more targeted meetings such as executive breakfasts and roundtables.
According to a recent study, "B2B Marketers' 2008 Budget Trends,'' by Forrester Research, which surveyed 369 marketing professionals online during September and October 2007, almost 50% of those surveyed said they would increase spending on executive seminars and events. That represents the largest projected increase among all marketing and advertising budget categories, ...
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