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Digital Marketing Outlook Portugal – 1st Edition

68%

of companies do not have a clearly defined digital strategy

15%

is the average percentage of marketing budget allocated to digital

70%

of companies plan to increase their digital budget in the near future

A study about the Portuguese Digital Marketing landscape


Karma Network is a consulting firm that specializes in the development of digital strategies for businesses and brands. This study ensues from one of the firm's areas of expertise, the production, and analysis of knowledge in the digital marketing arena. 

Conducted in partnership with ACEPI (Portuguese Association of Electronic Commerce and Interactive Advertising), the study aims to map and analyze the Portuguese digital marketing landscape by describing the goals, results, investments, channels and practices within the digital marketing framework by the top Portuguese advertisers. 


Only one-third of the enquired companies has a clearly defined digital strategy

When questioned concerning their digital strategy, the majority of companies surveyed (68%) replied as to not having a clearly defined strategy. 59% of those merely have a strategic orientation and 9% do not have any sort of defined digital strategy.

Only 32% of the companies inquired considered they had a digital strategy that is clearly defined, formally documented and shared within the organization. 

 

Companies with a defined digital strategy acknowledge better results and allocate higher investments

When comparing companies with a defined digital strategy to those that do not have one, 81% indicate being ‘Satisfied’ or ‘Very Satisfied’ with the return on investment from their digital marketing activities (versus 65% for those that do not have a defined digital strategy).

In addition, investment in the digital channel changes drastically according to the existence of a defined strategy - companies with a defined digital strategy invest on average almost twice as much (22% vs 12%) than companies that do not have one.

 

On average, 15% of companies' marketing budgets are allocated to digital channels

The average budget allocated to the digital channel is 15% of the total marketing budget.

Moreover, the majority of companies surveyed (85%) allocate less than 20% of their total marketing budget to digital endeavors.

Nevertheless, 6% of companies allocate more than 40% of their budget to the digital channel, mostly belonging from the Travel & Tourism industry.

 

Websites are the digital media channel with the highest investment

Websites remain the digital media channel with the largest slice of the marketing budget, with an average allocation of 31% of the total marketing budget. Furthermore, Social Networks, with an average allocation of 15% of the total marketing budget, are catching up with Search Engines' 18%. Of note is the Mobile channel, which seems to be relatively unexplored by respondents, with an average budget allocation of only 5% of the total marketing budget.

 

Investment in digital marketing is expected to grow, with Social Networks and

Despite the still low investments in digital channels, companies plan to increase their investment in the near future - the majority of respondents (70%) are planning to increase their investments in digital marketing channels and tools with Mobile Marketing (70%) and Social Networks (67%) being the media channels for which more companies plan to increase their budget. On the other hand, Email and Affiliates are the channels for which the largest % of respondents plan to maintain their current investment levels. 

Curious about this study results?

The full report is only available for companies that participated in the study's survey, but you can download a 19-slide presentation with the highlights by clicking on "Get Publication" and learn more about the study.

 

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