Digital B2B Opps: PitchBook names new top marketer (Score 49)

Sales lead: Contact the new CMO now for more information about his future plans. 

  • PitchBook brought in Paul Stoddart as CMO, effective September 2023.
  • Stoddart most recently served as Salesforce's customer & partner success CMO. 
  • He is now responsible for brand, creative, media, revenue, SEO, events, partnerships, & PR. 

Target demographic: Businesses that need access to financial data 

The company will likely:

  • Increase ad spend
  • Try new ad channels
  • Outsource some marketing duties to agency partners

Digital and social insights (digital ad spend, effectiveness, impressions, and performance)

  • YTD spend: PitchBook spent about $204.7k on digital display ads YTD, close to the $203.6k spent in this channel during the same time period of 2022. 
  • YTD data: 30.2m impressions via desktop display (82%), Instagram (9%), Facebook (5%), and mobile display (4%). 
  • 2021-2022 spend: Full-year spend jumped by 69% from $132k in 2021 to $222.7k in 2022. 
  • Ad location: It placed 92% of these ads directly onto sites such as nhl.com, youtube.com, imgur.com, instagram.com, and thesimsresource.com. It placed 8% of these ads indirectly through imgur.com, politico.com, nytimes.com, youtube.com, and fandom.com. 

Agency analysis:

  • Opportunity: Reach out to the new CMO now to be top-of-mind. 
    • PitchBook does not currently work with any agencies to the best of my knowledge. 

Insight Sources: Digital spend insights estimated by Pathmatics