Study Finds Manufacturers Will Be Increasing Online Marketing Spending in 2006

Over 75% of manufacturing companies will be increasing their online marketing budgets in 2006, according to the results of an annual survey of industrial marketing executives conducted by SVM E-Business Solutions.

The study, which surveyed more than 220 marketing executives at US manufacturing firms, found that online marketing efforts are producing tangible results for manufacturers, and the vast majority of respondents plan to ramp up their online marketing efforts to address their most important business challenges in 2006.

"This study confirms that online marketing should be an essential component of a manufacturer's overall marketing mix," said Bob DeStefano, president of SVM E-Business Solutions. "Industrial marketers who hesitate to embrace online marketing will miss a critical opportunity to increase sales, grow market share and strengthen relationships with customers."

Among many other significant points, the 2006 E-Business Trends in Manufacturing Report identified the following key industrial marketing trends:

* Industrial marketing budgets are shifting online, often at the expense

of traditional marketing. Industrial marketers are increasing spending

on Websites, search engine marketing and email marketing, while

decreasing spending on magazine advertisements, trade shows and direct

mail.

* Websites are becoming the hub of industrial marketing. The Web is

increasingly becoming the hub of manufacturers marketing efforts. In

fact, over half of all manufacturers consider their Website to be their

most powerful marketing tool.

* Manufacturers are turning to search engine marketing to help drive sales

lead generation efforts. About half of industrial marketers engaged in

some form of search engine marketing in 2005, and this will increase

significantly in 2006.

* Manufacturers consider online marketing more effective than traditional

marketing because it makes a measurable impact on their business.

Industrial marketers feel online marketing is more effective at

producing measurable, business-building, results.

To download a copy of the 2006 E-Business Trends in Manufacturing Report, please go to http://www.svmsolutions.com/survey

About SVM E-Business Solutions

SVM E-Business Solutions is a leading provider of strategic Web solutions focused on delivering measurable business results for manufacturers. Founded in 1995, SVM helps companies leverage the Web to drive revenues, control costs and strengthen relationships with customers. SVM's clients include Basic Fun, Bombardier Aerospace, Carter Products, Cyro Industries, Degussa, FosteReprints, Fujipoly America, James L. Taylor Manufacturing, Konica Minolta, Marotta Controls, Ohaus, Ricoh, Sharp and Total.

For more information, visit SVM on the Web at http://www.svmsolutions.com , or call (877) SVM-EBIZ.

Media Contact:

David Smith

877-786-3249

pr@svmsolutions.com

This press release distributed by PRWEB (http://www.prwebdirect.com/), a service of eMediaWire.

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