Insight Sources: Digital spend insights estimated by Pathmatics; podcast insights estimated by Podchaser.
Digital B2B Opps: Bentley Systems hires CMO amid spend increases (Score 50)
Sales lead: Contact the new CMO now to offer ad space & agency assistance.
- Bentley Systems (BS) selected Kristin Fallon as its new CMO in September 2023.
- Fallon most recently served as global brand head of GE Healthcare.
- In her previous role, Fallon led corporate brand, thought leadership, storytelling, advertising, and digital.
Target demographic: Businesses that need infrastructure engineering software
The company will likely:
- Keep increasing digital spend
- Diversify digital ad placement
- Outsource some marketing duties to agency partners
Digital and social insights (digital ad spend, effectiveness, impressions, and performance)
- YTD spend: BS spent around $446.5k on digital display ads YTD, a significant increase from $106.1k spent in this channel during the same time period of 2022.
- YTD data: 67m impressions via Facebook (96%), Instagram (2%), and desktop display (1%).
- 2021-2022 spend: Full-year spend increased by 40% from $83.5k in 2021 to $117k in 2022.
- Ad location: It placed 100% of these ads directly onto sites such as facebook.com, instagram.com, youtube.com, thingiverse.com, and newsmax.com.
Additional channel insights
- Top podcasts sponsored: The Ramsey Show, America Out Lod Network, The Kyle & Jackie Show, and Drew and Mike Show.
Agency analysis:
- Opportunity: CMO hires commonly lead to agency appointments, so get in touch now to secure top priority.
- BS does not currently work with any agencies to the best of my knowledge.