The coronavirus pandemic is accelerating brands’ move to digital, and now is the time for marketing leaders to re-evaluate their digital marketing initiatives, according to Gartner, Inc. Amid an economic downturn, marketing leaders are planning to increase investments in digital and social marketing, but pull back spend in areas like paid search and indirect ad buys.
“Due to suppressed consumer demand – a direct result of the COVID-19 pandemic – a wide range of industries experienced declines in total desktop traffic in the first quarter,” said Lili Meng, principal in Gartner’s Marketing practice. “To best optimize both short-term objectives and create long-term efficiencies, marketing leaders must first focus on what to put spend behind versus where. Once they settle on what they want to communicate to consumers, they must shift their digital marketing mixes in order to better scale messaging.
“Consumers are no longer clicking through to sites from traditional ad formats, so marketing leaders must now adjust the messaging of ad creatives to enhance advertising effectiveness,” added Ms. Meng. “Leading brands are leaning more on cost-effective alternatives, including direct and organic search traffic, and utilizing more linking strategies to drive traffic from frequented sites.”
When re-evaluating digital marketing mixes, marketing leaders should consider the following:
Source: Gartner
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