MINNEAPOLIS, Aug. 11, 2020 /PRNewswire/ -- Award-winning B2B marketing agency TopRank Marketing released the world's first B2B influencer marketing report, featuring insights from hundreds of B2B marketers including many of the top B2B brands, including Adobe, IBM, LinkedIn, SAP, AT&T Business, Dell Technologies, SAP Ariba and monday.com.

The 2020 State of B2B Influencer Marketing Report presents direction and inspiration for industry best practices and recommendations in influencer marketing for the business world. Of note, 60% of marketers who implement Always-On programs are very successful versus only 5% who run periodic campaigns.

The report shows B2B marketers are optimistic about influencer marketing yet not confident about their ability to execute:

• 78% of B2B marketers believe prospects rely on advice from influencers
• 74% agree that influencer marketing improves customer and prospect experiences
• 63% agree that marketing would have better results if it included a B2B influencer marketing program

And yet:

• Only 19% of B2B marketers are running ongoing influencer marketing programs
• 60% say they don't have the knowledge to execute or have the right skills in-house to implement ongoing influencer marketing programs
• Only half include a plan for influencer activation in their strategy

"Challenged by declining organic social reach, reduced brand trust and content attention deficit, many B2B marketers are turning to Influencer Marketing for improved credibility, connection and engagement," said Lee Odden, co-founder and CEO of TopRank Marketing, "The 2020 State of B2B Influencer Marketing Report provides data informed strategies and best practices along with case studies and predictions for the future from the top brand B2B Influencer Marketing practitioners," continued Odden.

The TopRank Marketing 2020 State of B2B Influencer Marketing Report is available for free download at http://pr.influencermarketingreport.com.

A complete list of report participants, including brands and B2B marketing experts is available at https://www.toprankblog.com/2020/07/b2b-influencer-marketing-2020/.

ABOUT TOPRANK MARKETING:
Founded in 2001, TopRank® Marketing is the recognized leader in B2B influencer and content marketing solutions for many of the top B2B brands in the world. Through always-on, relationship-driven influencer marketing programs, TopRank Marketing helps B2B brands optimize content for findability, credibility and customer experience to boost brand reach, improve engagement and increase revenue.

MEDIA CONTACT:
Sarah Evans
Sevans Digital PR
[email protected] 
224-829-8820

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SOURCE TopRank