BtoB Online reports that 60.1% of B to B marketers will increase their marketing budgets next year.  While that’s more than half, but still shows caution.  It’s probable that many are unsure about the direction of the economy.

The good news is that 79.1 percent will be increasing their online budgets for 2008.  Of all the methods of marketing, that stand as the highest.  What we’re going to be witnessing is companies taking money out of traditional and going online.  And we may see a lot of this happening.

Given now that we’re seeing consumer generated goods making their way successfully on the internet through the use of ad units, I’m going to guess that B to B will go that route as well.  And a very healthy dose of search.  Both should be essential.

I’m wondering though…will we see much devoted to social media.  Educational/promo pieces on YouTube, increased blogger engagement, the use of podcasts for current customers.  I’m sure this is being done, but more likely in the tech sector.  I’m just wondering what other industry cultures will move in that direction.

The culture of participatory social media is having some surprisingly significant effects on both the way satisfied customers play a role in contributing to the marketing message development of products and services. And it is also playing an increasingly important role in defining the key touchpoints that customers use in the deciding factors one what to purchase. What makes this all the more noteworthy is that much of this is rooted in offline purchases. I’m putting this together from two recent studies…

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As if there were not enough distractions from doing real work, like TV, movies, and video games, Second Life has emerged offering the virtual possibility of a better body, better job, and better dance moves, if thats what you should choose. As with all things, advertisers are not far behind the trend, aiming to plug their products with what they envision is a whole new audience. Unfortunately, as a few recent reports point out, their efforts lack results. In April, the Hamburg-based research firm Komjuniti published the first extensive survey of Resident attitudes toward real world marketing in Second Life. The early results from Komjuniti, as it turns out, are not encouraging: 72% of their 200 respondents said they were disappointed with real world company activities in Second Life; just over 40% considered these efforts a one-off not likely to last.

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The November 8th edition of The Economist has an article that asks us “Will Facebook, MySpace and other social networking sites transform advertising?”

In truth, the article is poorly written. It asks the wrong question, it’s lazily researched, and it provides little actual theory or empirical evidence to justify the premise they are trying to suppose. Perhaps the reason for this is that The Economist is a general news publication – one that I respect – and that the article was intended for a mainstream readership that’s likely mostly interested in reading about general trends and not deeper analysis. But nevertheless…

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Kelly Mooney has a great piece in AdAge, For Relevance, Think Three Way, in which she talks about the concept of ‘triangulation’ involving the brand, the customer, and the community and that all three need to embrace one another. She also blogs at MooneyThinks.

She’s quite right in that, for many of us, we’ve moved much of our media gathering experience online. Websites, blogs, social networks, forums are the areas that we discuss brands or experiences with brands or our impressions of brands.

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Check out the article in last Thursday’s Times, Dealing With the Damage From Online Critics, that addresses how to handle consumers who develop a personal vendetta against your company. Well, you could send lawyers but legal cease-and-desists generally just make the customer madder than hell and it isn’t hard to just start yet another attack site.

I hate to say it, sucking less always helps. Start with treating your customers better. Also, be sure to register lots of domain names and work on your online reputation aggressively before it becomes a problem.

Online, the best defense is a good offense and an ounce of online promotion is worth a pound of cure. Here are some great commented-by-me excerpts from the article, Dealing With the Damage From Online Critics, so you can get a gist:

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