"Focus without funding": how to bring the brand back into the B2B budget
58.4% of B2B companies have increased their focus on brand, but 47.7% do not see it as a budget priority. Experts advise proving the effect with small projects and speaking the CFO's language.

Nearly half of B2B companies (47.7%) still do not consider the brand a budget priority, even though 58.4% reported increased attention to brand building over the past year. These figures were cited by Marketing Week as part of its State of Brand in B2B study. "For B2B marketers, the brand perhaps never left the strategy decks — it simply left the budget," said Anouschka Elliott, former global marketing director at Goldman Sachs Asset Management, at a webinar on 30 September.
Focus without funding
Elliott quantified the gap between appetite for brand and financial backing. "Six out of ten marketers say their business has increased its focus on brand over the past year. That sounds like a renaissance. But when you ask whether brand is an actual budget priority, less than half say 'yes'. And when you ask how resources are actually split between long-term and short-term, fewer than one in five are playing the long game," she noted.
"It seems we have focus without funding. And brand building, as we know, requires reach. If there is no paid budget, marketers will have to work much harder with earned and owned channels," Elliott added.
According to her, the question is not whether the brand has 'come back', but whether share of voice exceeds market share. If not, the company is losing ground regardless of fashion trends around brand.
According to the study, 29.7% of respondents focus mainly on short-term results, and only 8.5% prioritise long-term strategies. "Performance wins because of explainability, not effectiveness. It's easier to describe in a monthly report, easier to defend in a budget meeting," Elliott explained.
The language of the board
Jon White, chief customer officer at engineering company Flowtech, noted that marketing in many B2B industries is "still on the development curve": budgets are small to begin with, and when marketers try to "bolt on this thing called brand" on top, the situation becomes more complicated. In his view, in a number of B2B companies the brand is disconnected from the commercial agenda.
"B2B is relatively immature in understanding the link between marketing, the customer and commerce. We have to lead people very carefully so they understand the input and the outcome," White said. His practical trick is to replace the word 'brand' with the word 'customer'. "Don't speak our language — speak their language. It's tangible and very real," he explained.
Elliott advised colleagues to understand marketing's place in the company's commercial ecosystem and to treat brand as part of an integrated strategy rather than in isolation — this will protect it from being 'sacrificed' during cost-cutting. "It's easy and defensible for the CFO to cut the marketing budget specifically. In the near term the impact on revenue is invisible, but over time revenue starts to erode," she warned. Her recommendation is leading indicators across the entire funnel as an early-warning system.
White urged against chasing a 60/40 brand-to-performance target split overnight. "Don't try to do too much, too boldly, too fast," he stressed. Elliott added that sometimes the best strategy is to "keep the light on" and launch small test-and-learn projects by segment, country or region. "Bring evidence and metrics — that's often the key to unlocking budget. When the CFO sees the commercial effect, marketing investment will be recognised as a driver of ROI X. Doing that in one fell swoop is very difficult," she said.
Channels: social media, events, influencers
The leading channel for B2B brand investment is social media (80.8%), followed by events (63.8%) and PR (62.7%). Elliott wondered whether marketers choose social media because of effectiveness or because of its "familiarity and measurability". "Social media is a useful distribution and reach channel, but execution often lacks strategy. B2B brands often publish content output rather than brand building," she noted.
She was surprised by the low interest in broad-reach channels — TV, out-of-home and radio: fewer than one in ten B2B marketers use them. "Being the only brand in a space is sometimes worth far more than being the fortieth or fiftieth in the feed," Elliott observed. White, for his part, called working through social media a "smart way" to invest across the entire funnel: "In B2B we have to tell complex stories. The stakeholder map is complex, so targeting is critical — and social media does this very well."
On events, Elliott recalled the experience of running more than 100 sponsorships, conferences and own events per year. The key to success is treating them as a "system": a single narrative linked to the content strategy, the right clients in the room, clear tasks for sales and ruthless follow-up tracking.
When working with influencers, B2B brands prefer employee ambassadors (19.8%) over big names (6.5%). "Employees can reach people your brand channels may not reach, at a lower cost and with greater trust," Elliott explained. In regulated industries, she advises involving compliance from the very beginning rather than at the approval stage, and creating content jointly with the authors.
LLMs as a "consistency test"
More than half of B2B marketers (56.3%) prioritise brand visibility in LLMs, and 54% invest in generative engine optimisation (GEO). White warned of the threat of "regression to the mean" if marketers drift too far from their distinctive positioning: "You can gain an advantage right now, but caution is needed to preserve differentiation."
For Elliott, appearing in LLM answers is the "ultimate consistency test": for machines to cite the brand, you need to "be genuinely famous among humans". "For years we've been banging on about the boring discipline of using the same distinctive assets everywhere. That consistency turns out to be the best GEO strategy," she noted. One of the companies she advises has launched monthly prompt audits: it tracks buyer questions, feeds them into the major models and records how the brand is represented in them.
White called LLMs an "acid test" of distinctiveness and consistency: "We're talking about relevance, consideration, trust, reputation — especially in B2B with its multi-stakeholder, long decision processes. We're not just talking about reach from advertising."
Emotional rationalism
Most B2B marketers (85.8%) consider emotional storytelling the key to effective brand building — second only to strong positioning and differentiation (88%). Elliott described the approach as "emotional rationalism": "Often the emotion you need to lean on is the emotion of decision risk. How do you radiate confidence? How do you provide reassurance? How do you think about reputation and trust?" White added that it's worth first defining the "emotional distinctiveness" at the core of the brand — this then frees marketers up for creative experiments.
Source: Marketing Week
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