GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Data Collection

Study Reveals Actions Taken Now Will Determine How Brands Perform in Next Phase of COVID-19 Recovery

globalresearchsyndicate by globalresearchsyndicate
May 18, 2020
in Data Collection
0
Study Reveals Actions Taken Now Will Determine How Brands Perform in Next Phase of COVID-19 Recovery
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter

As lockdown restrictions gradually lift across the world, “back to business” comes with a new set of consumer expectations for brands that will continue well into the future, reveals a new consumer study by MWWPR.

According to the data, consumers are dissecting corporate responses to the pandemic, and as many as 83% will base future purchase decisions on the actions of brand leaders. Additional leading factors that will drive brand judgement and purchase considerations include how a company treats its workforce (86%) and whether brands operate as a good or bad corporate citizen (84%) during this time.

“As economies are slowly rebuilding and businesses look to either re-open or re-engage, the rules for PR and marketing are dramatically and permanently different,” says Michael Kempner, founder and CEO of MWWPR. “Unprecedented shifts in how people live, work and interact are forcing brands to rethink how they engage with all stakeholders and where they choose to invest matters more than ever. Brands win today by adapting to consumer demand for greater transparency and authenticity. If we’ve learned one thing, it’s that it is no longer enough to react to emerging trends and issues, we must be able to anticipate needs on creative and emotional levels. This has led to a paradigm shift where once considered ‘nice to haves’ such as crisis preparation, employee communications, executive visibility and corporate purpose are now business imperatives.”

What matters to consumers now 

Quality of products and services will always be table stakes for brands, but COVID-19 is changing what is important to consumers right now. A majority (73%) of consumers expect to hear from corporate leaders right now, highlighting one increased pressure on brands to be proactive and serve as trusted authorities for the general public. This challenge is compounded by the influence COVID-19 has had on what matters more to consumers today, and what they’re paying more attention to in these communications, including:

  • The integrity of brand leaders (83%)
  • The authenticity of brand messaging (68%)
  • How companies prioritize the welfare of its employees (84%)

Policy is the new PR

COVID-19 has transformed internal corporate policy into fodder for public consumption and opinion, and consumers are paying attention. According to the survey, 84% of consumers cite hearing or seeing more news about how companies are messaging internally about COVID-19, and it is impacting their perception of brands overall. The data highlights the need for a renewed emphasis on employee communications, as brands are being judged by their transparency, fairness and consistency on everything from employee sick leave to customer returns. And, consumers are not the only critics–almost 1 in 5 employees believe their employer is not doing a good job communicating during this crisis, which can also compromise employee retention and recruitment efforts.

Re-opening means re-prioritizing

To position themselves as relevant, brands must consider the emotional and creative shifts driving the ways consumers now want to engage. With drastic changes to work and social engagements brought about by social distancing, 57% of consumers have started using new communication channels, and 93% will continue well beyond quarantine. For those with the speed, adaptability and nimbleness required to pivot communications on a dime, there are unlimited opportunities to harness new channels and more frequent communication to meet consumers where they are today and into the future, fostering deeper connections and emotional ties to the brand. 

“The power of integrated public relations has always been at the core of our company, and this pandemic has further blurred the lines between consumer PR, corporate reputation and issues management, reinforcing the CorpSumer influence on a brand’s bottom line,” adds Kempner. “Understanding the insights behind the behavior and attitudes of consumers is more critical than ever to drive the post-pandemic rebound of every industry. If there was ever a time to lean into the power of public relations—leveraging earned media and corporate reputation building strategies that capture mindshare in any business economic environment—it is now.”

An online survey of 1,000 Americans was fielded between May 1-3. The survey was conducted on behalf of MWWPR by Lucid. The margin of error associated with this survey is +/- 3.1%.

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
Cloud Security Software Market Research Study including Growth Factors, Types and Application by regions from 2020 to 2024

E-Pick Systems Market Research Reports by Size, Market Driver, Trend and Segmentation Analysis to 2026

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com