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    The overall trend from our survey was one of great concern, but the realization that the crisis will affect some industries far more than others. Businesses deemed essential are struggling to meet demand at the moment. Luxury and service-related...

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    Now we've reached the end of and seen the world become totally disrupted, we should be thankful that the world of commerce hasn't been worse affected. The nations that have done best to contain COVID, such as New Zealand, Australia, and Taiwan, are...

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    Adobe had forecast a Cyber Monday had seen a UK retail sales increased 4. On a Total basis, sales increased by 3. However, over the three months to August, in-store sales of Non-Food items declined Over the three months to August, food sales increased 6. People clearly still have to eat during a pandemic, although panic buying undoubtedly affected the timing of their purchases. Surprisingly, the answers varied markedly between the countries. This was 9. And they are expected to boost their advertising even more next year, increasing by a further One of the reasons for this is that the telecom sector is fiercely competitive, and there is low brand loyalty. Consumers will happily change phone networks if they see advertising proposing a better deal elsewhere. And just because there is a deadly bug touring the world hasn't caused people to turn off their phones. Indeed, with more teleworking, people are probably using their smart devices more, as they can simply pop into the next office to ask a question or share some gossip.

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    They have markedly changed this estimate, though, and now anticipate a With radio being a traditional form of advertising, there were always expectations of a fall in radio advertising, but by nowhere near this level of magnitude. Facebook Removes 7 Million Posts for Sharing False Information on Coronavirus One of the more bizarre side effects of the current pandemic has been the prominence of conspiracy theorists. In New Zealand, for instance, one of the most talked-about new parties heading into the upcoming election is the New Zealand Public Party. Their policies nearly all relate to conspiracy theories. They meet the criteria to appear on television debates and advertise as freely as the big parties NZ has an MMP political system.

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    The party opposes the United Nations, 5G technology, poison, fluoridation, and electromagnets. It removed 7 million posts in the second quarter of the year for disseminating false information about COVID This includes content that promoted fake preventative measures and exaggerated cures some of which were encouraged by high profile politicians. The platform removed about It also deleted 8. One notable conclusion was that marketer optimism has plummeted to The index peaked in February when it reached They split these scores by sector. B2B Somewhat intuitively, Healthcare is the most buoyant sector at The most notable statistic was Other clear trends in customer behavior that the respondents identified during the pandemic include: Increased openness to new digital offerings introduced during the pandemic In February , respondents' firms planned to spend By June , this rose to As an additional comparison, the figure was only 8.

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    You can see a similar trend when you compare marketing expenses with total revenues. Back in February , marketing expenses were also 8. This statistic fluctuated over the next nine years, reaching a peak of 9. It had risen back to 8. This clearly reflects the priorities given to marketing to retain customers and maintain brand awareness in tough times. Presumably some of our respondents are from regions in lockdown and will have already stopped ad campaigns for products they cannot currently sell. Most of the remaining firms are probably in essential industries or regions yet to experience the worst effects of the coronavirus. Below are interesting findings from Stackline, where they compared e-commerce sales across the U. This is a greater drop than overall social media use, but inevitable, considering that many firms are closing up shop and refocusing their activities.

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    In other cases, companies may still be posting, but less frequently. It is possible that this number may reverse to some extent once more social media managers are settled into working from home. Twitter has surged in popularity recently, presumably because of its news-focus. Quite a few of our respondents also reported increasing their Facebook usage, although this may have been more to check in on their family and friends than for work activities.

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    As a result of this, our respondents are using Instagram proportionally less now that they were just a few weeks ago. And it must be remembered that this survey was taken before the situation became so critical in business-centric places like New York. Hopefully, measures put in place by some governments can minimize the actual number of workers who lose their jobs. Image via thebalancecareers. With a rapidly spreading virus, and higher than average deaths due to an aging population, the effects have been devastating. One in five companies expects they will experience their first consequences in April. Two out of three companies feel that the emergency will harm their domestic business, with the effects on exports remaining uncertain.

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    Companies surveyed show similar concern, whether they be small, with fewer than 50 employees, or large, with over a thousand employees. If you look at images from places such as New York at the moment, you will see few people enjoying the services of small businesses except for any that produce essential goods. They have reduced their spending wherever possible. The most recent survey published at the time of writing was for the week ending Friday, March At that stage, an astonishing number of businesses still had optimistic sales forecasts. However, there is a distinct movement in the types of goods on which people spend their money.

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    They are shifting their spending to essentials, and a limited range of non-essentials that some people may consider essential to their wellbeing, e. Image via klaviyo. Indeed, they fell by a record This meant that sales were a whopping Indeed, the dollar value of sales in the UK in April was similar to the sales of a decade earlier, April Government restrictions, imposed from 23 March , impacted many store types and some reported zero turnover because of the temporary closure of stores. Overall, Forrester predicts that global retail sales in will decline by an average of 9. They also predict that it will take four years for retailers to overtake pre-pandemic levels. Forrester predicts the impact of the coronavirus on retail sales will vary worldwide given the regional differences and considering that each country is at a different stage of the pandemic. UK Auto Sales Fall by Sales fell by an astounding Just 4, new cars were registered in the month, , fewer than in April , with deliveries continuing to frontline workers and organisations.

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