article:China Marketing Communication Budget Example Unveiled!China, September 15, 2021 – The marketing playbook for companies in China is changing. With more and more businesses turning towards innovative and data-driven marketing strategies to connect with their target audience, it is essential to create a marketing communication budget that is effective, efficient and delivers the desired results. One company, who wishes to remain anonymous, has recently revealed their marketing communication budget strategy that has helped them achieve huge success in the Chinese marketplace. The company, which operates in the technology sector, has seen remarkable growth in both its B2C and B2B segments in the past year. Despite the challenging economic climate and fierce competition, the company has continued to invest in promoting its products and services. Their unique approach to marketing communication has made them stand out from the crowd and attract a large customer base. The company’s marketing communication budget can be broken down into four main categories, namely advertising, media relations, events, and digital content. They allocate their budget based on the most effective channels for generating leads and building brand awareness in their particular industry. Advertising: The company spends approximately 50% of its marketing communication budget on advertising, which focuses on paid search, programmatic advertising, and social media. Paid search and programmatic advertising have proven to be highly effective in driving traffic to their website and increasing conversions, while social media plays a vital role in building brand awareness and engagement. Media Relations: The company spends around 25% of its marketing budget on media relations, which includes press releases, editorial coverage, and thought leadership articles. They work closely with journalists and publications who cover their industry, generating positive publicity for their brand. This helps to increase credibility and establish the company as a thought leader in its field. Events: The third category the company invests in is events. They allocate around 15% of their marketing communication budget to host events and participate in industry events. This includes trade shows, conferences, and networking events. This allows them to establish a deeper relationship with their customers, partners, and other industry stakeholders, besides, contextualize conversations about their brand. Digital Content: Finally, they dedicate around 10% of their marketing communication budget to the development of digital content. This includes blog posts, case studies, whitepapers, videos, and infographics. By creating engaging and valuable content, they can reach a wider audience and engage their existing customers. The company’s strategic approach to marketing communication has garnered impressive results. With their advertising campaigns, they have seen a 250% increase in website traffic and a 180% increase in conversions year-on-year. Moreover, their media relations strategy has resulted in around ten media mentions per year, including articles in some of the most prestigious technology publications in China. Their event strategy has helped them connect with over 100 partners and customers, and their digital content has led to a significant increase in social media engagement and thought leadership in the industry they operate. In conclusion, the company’s approach to marketing communication can serve as a great example for other businesses looking to establish a strong foothold in the Chinese market. Companies that adapt and embrace the new age of data-driven marketing can create a powerful and interconnected communication strategy that ensures customers engage with your brand in the most effective way possible. It is smart and effective communication that can move the needle and create impactful results for any business operating in China. About the company: The company is a leading technology services provider operating in China. Their mission is to empower businesses with technology solutions that drive innovation, growth, and performance. They offer a wide range of services, including infrastructure management, cloud services, and cybersecurity. The company has a strong track record of delivering best-in-class solutions to its customers while ensuring operational excellence across the entire value chain.
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