Shafqat Islam, Co-founder & CEO of NewsCred said, "Even prior to COVID-19, we recognized that marketers were operating in a rapidly evolving and difficult landscape, and this latest circumstance only further exacerbates that."
NEW YORK (PRWEB) April 15, 2020
NewsCred, the world’s leading enterprise Content Marketing Platform provider and Marketing Work Management software, today announced the results of a global survey evaluating the impact of COVID-19 on today's leading marketing organizations. The survey, commissioned by NewsCred and conducted by Sirkin Research, aims at quantifying the challenges marketers are facing as it relates to the taxing coronavirus pandemic.
According to the survey, marketers at all levels — and across most industries — are facing major, unprecedented changes to their day-to-day work environment. Most notably, this includes navigating shifts in global marketing and content strategies, reassessing budget allocations (and channel investments), as well as managing new remote work dynamics.
Specific findings and highlights from the research include:
- Shifting priorities has led to a surge of investment in new channels, with 78% expecting an increase in virtual events, and another 72% citing an increase in web content
- The pandemic has created new resource challenges for content teams, with 42% indicating their organization lacks the bandwidth to create new content as a result of new priorities/requests
- Working remotely has created additional "work about work," with 33% indicating an uptick in required meetings and another 28% noting more status updates as additional challenges
The full Impact of COVID-19 on Marketers report is available on NewsCred's Insights blog.
"As we (as humans and one community) grapple with the realities of a new normal, we also know that work, life, and business cannot be put on pause," said Shafqat Islam, Co-founder & CEO of NewsCred. "Even prior to COVID-19, we recognized that marketers were operating in a rapidly evolving and difficult landscape, and this latest circumstance only further exacerbates that. Our hope is that by quantifying, surfacing, and discussing these specific marketing challenges, we can better help teams overcome these widespread obstacles and be more effective marketing leaders."
The study surveyed global marketing leaders and practitioners at over 100 enterprise-level organizations, primarily across Technology, Financial Services, eCommerce, Healthcare and Pharmaceutical industries.
Later this month, NewsCred will be hosting a webinar to reveal the findings in full, share best practices for addressing these challenges, and hold a live Q&A.
NewsCred unleashes the potential of marketing by unifying and empowering teams to work better together. Purpose-built for the complexities of marketing, NewsCred's marketing work management software transforms conventional organizations into modern marketing teams, enabling them to collaboratively plan, produce, and manage campaigns and content for improved execution. Used by Twitter, Fidelity, Cisco, USAA, among others, NewsCred also offers the industry’s leading Content Marketing Services to help brands deliver high-performing content at scale.
Founded in 2008, NewsCred has partnered with hundreds of the world’s best marketing organizations to provide unprecedented control and visibility, enabling them to improve operational efficiency, create exceptional content, and elevate marketing results.
Director, Product Marketing