COVID-19 has been grinding on relentlessly for ten months now, taking a heavy toll on countless small and mid-sized businesses (SMBs). 1.85 million businesses closed completely or temporarily in the second quarter, according to Oxxford; in April, the National Restaurant Association found that four in ten restaurants had already closed. Despite encouraging vaccine news, it will be months before business returns to any semblance of normal. So in the meantime, we wanted to find out how SMBs are coping – and what you can do to support and engage them effectively.
You’ll learn:
• SMB perspectives on the effect of COVID-19 on their business
• How COVID-19 has changed SMB priorities
• How SMB staffing has changed
• When SMBs will return to their workplaces
• What SMBs want vendors like you to do to help them manage through the crisis
• Which vendors have been especially helpful
• How COVID-19 has changed SMB content consumption
• What SMBs want in your content
• The effect of advisory content on acquisition and retention
• The topics SMBs want to learn about from vendors like you
What do SMBs plan to buy in 2020? How do they make purchase decisions – who is involved, and how long does it take in key product categories? What resources do they use to conduct product research, and make a purchase decision? What messaging resonates best with this large and diverse segment? What can vendors do to make it easier for them to buy?
To answer these questions – and more – we recently surveyed 500 U.S. SMB principals. You’ll learn:
• SMB business outlook and challenges
• What SMBs plan to buy in 2020 in major purchase categories such as tech, financial services, travel and more
• Who conducts research, and makes the purchase decision
• How long the decision-making process takes for key product categories
• The role of peers and consultants
• Purchase channel preferences
• The media that work best to engage SMBs across the sales cycle
• The messaging that works best with SMBs
• The role of content in boosting sales
Improving the small business banking experienceBredin, Inc.
How much do small business owners (SBOs) trust different industries, including banks, credit unions and alternative lenders? What do small businesses want from the bank relationship? What are banks doing well, and what can they do better, to improve the customer experience – and as a result, acquisition, retention and cross-sell? What kinds of credit are SBOs using – or do they plan to use – from banks and alternative lenders? How are SBO attitudes towards, and planned usage of, alternative lenders evolving?
To answer these questions, we recently surveyed 500 U.S. SBOs. There are some great learnings on what SBOs value in a lender relationship, and what you can do to enhance it.
You’ll learn:
• The SBO business outlook
• SBO trust in 26 different industries, from alternative lenders to wireless service providers
• SBO awareness of and trust in 27 leading banks
• Bank industry, and top bank, Net Promoter Scores
• What SBOs want in a bank relationship
• Where banks are under- and over-performing against SBO preferences
• Current use and providers of credit products – including business credit cards, savings and checking accounts, loans, LOCs, factoring and MCAs
• Planned use and potential providers of credit products
• How SBO attitudes towards alternative lenders have changed
• SBO usage of and satisfaction with banking apps and events
• The impact of content marketing on bank brand perception, loyalty and upsell
• How to boost awareness and trust via content marketing
You’ll get valuable insights to put to work right away in your SBO customer experience and content marketing plans.
The pandemic has forced many SMBs to reassess their application infrastructure to boost productivity and better support distributed teams. Selling SaaS solutions in this environment raises a number of key questions, though, such as: How familiar are SMBs with the cloud? What cloud solutions are they using? Which are they considering adopting next? What is motivating their cloud adoption? Who do they want to buy from, and what do they want from cloud solution providers?
To answer these questions – and to help you sell the cloud more effectively to SMBs – we recently surveyed 500 U.S. SMB principals.
SMBs are feeling pretty optimistic: 35% of them expect to grow by double digits this year, and 10% expect to grow by more than 100%. That translates into plans to invest in telecommunications services — whether to improve internet access speed or upgrade a phone system. SMBs understand what being connected — to customers, prospects, vendors, peers, remote workers, influencers, and others — means to their business.
To find out how you can boost sales to SMBs, we recently surveyed 500 U.S. SMB principals.
How familiar are small and medium businesses (SMBs) with the cloud? What cloud solutions are they using? Which are they considering adopting next? What is motivating their cloud adoption? Who do they want to buy from, and what do they want from cloud solution providers?
To answer these questions – and to help you sell the cloud more effectively to SMBs – we recently surveyed 500 U.S. SMB principals.
In this report you’ll learn:
What keeps SMBs up at night
The terminology that works best with SMBs when discussing the cloud
The applications SMBs use today
SMB application adoption plans
Which applications SMBs use in the cloud – and their migration outlook
How freemium services drive adoption
Why SMBs adopt cloud solutions
How SMBs rank cloud benefits
The channels SMBs prefer
What SMBs want from a cloud vendor
You’ll get actionable insights to put to work in your 2020 SMB marketing plans.
What do SMBs plan to buy in 2020? How do they make purchase decisions – who is involved, and how long does it take in key product categories? What resources do they use to conduct product research, and make a purchase decision? What messaging resonates best with this large and diverse segment? What can vendors do to make it easier for them to buy?
To answer these questions – and more – we recently surveyed 500 U.S. SMB principals. You’ll learn:
• SMB business outlook and challenges
• What SMBs plan to buy in 2020 in major purchase categories such as tech, financial services, travel and more
• Who conducts research, and makes the purchase decision
• How long the decision-making process takes for key product categories
• The role of peers and consultants
• Purchase channel preferences
• The media that work best to engage SMBs across the sales cycle
• The messaging that works best with SMBs
• The role of content in boosting sales
Improving the small business banking experienceBredin, Inc.
How much do small business owners (SBOs) trust different industries, including banks, credit unions and alternative lenders? What do small businesses want from the bank relationship? What are banks doing well, and what can they do better, to improve the customer experience – and as a result, acquisition, retention and cross-sell? What kinds of credit are SBOs using – or do they plan to use – from banks and alternative lenders? How are SBO attitudes towards, and planned usage of, alternative lenders evolving?
To answer these questions, we recently surveyed 500 U.S. SBOs. There are some great learnings on what SBOs value in a lender relationship, and what you can do to enhance it.
You’ll learn:
• The SBO business outlook
• SBO trust in 26 different industries, from alternative lenders to wireless service providers
• SBO awareness of and trust in 27 leading banks
• Bank industry, and top bank, Net Promoter Scores
• What SBOs want in a bank relationship
• Where banks are under- and over-performing against SBO preferences
• Current use and providers of credit products – including business credit cards, savings and checking accounts, loans, LOCs, factoring and MCAs
• Planned use and potential providers of credit products
• How SBO attitudes towards alternative lenders have changed
• SBO usage of and satisfaction with banking apps and events
• The impact of content marketing on bank brand perception, loyalty and upsell
• How to boost awareness and trust via content marketing
You’ll get valuable insights to put to work right away in your SBO customer experience and content marketing plans.
The pandemic has forced many SMBs to reassess their application infrastructure to boost productivity and better support distributed teams. Selling SaaS solutions in this environment raises a number of key questions, though, such as: How familiar are SMBs with the cloud? What cloud solutions are they using? Which are they considering adopting next? What is motivating their cloud adoption? Who do they want to buy from, and what do they want from cloud solution providers?
To answer these questions – and to help you sell the cloud more effectively to SMBs – we recently surveyed 500 U.S. SMB principals.
SMBs are feeling pretty optimistic: 35% of them expect to grow by double digits this year, and 10% expect to grow by more than 100%. That translates into plans to invest in telecommunications services — whether to improve internet access speed or upgrade a phone system. SMBs understand what being connected — to customers, prospects, vendors, peers, remote workers, influencers, and others — means to their business.
To find out how you can boost sales to SMBs, we recently surveyed 500 U.S. SMB principals.
How familiar are small and medium businesses (SMBs) with the cloud? What cloud solutions are they using? Which are they considering adopting next? What is motivating their cloud adoption? Who do they want to buy from, and what do they want from cloud solution providers?
To answer these questions – and to help you sell the cloud more effectively to SMBs – we recently surveyed 500 U.S. SMB principals.
In this report you’ll learn:
What keeps SMBs up at night
The terminology that works best with SMBs when discussing the cloud
The applications SMBs use today
SMB application adoption plans
Which applications SMBs use in the cloud – and their migration outlook
How freemium services drive adoption
Why SMBs adopt cloud solutions
How SMBs rank cloud benefits
The channels SMBs prefer
What SMBs want from a cloud vendor
You’ll get actionable insights to put to work in your 2020 SMB marketing plans.
How many SMBs are there? What is an SMB, anyway? How are SMBs alike, and how do they differ in their business concerns and outlook? What industries are they in? How is the rate of business formation changing? What do SMBs plan to buy in 2019, and what are the most effective tactics to engage them? What messaging resonates best with this large and diverse segment?
To find out, we surveyed 500 U.S. SMB principals and compiled third-party data to provide a comprehensive overview of the SMB market.
You’ll learn:
• How SMB is defined
• How many SMBs are in each major industry
• The changing rate of business formation
• How SMBs rate their business outlook and challenges
• What SMBs plan to buy in 2019
• The media that work best with SMBs across the sales cycle
• The messaging that works best with SMBs
You’ll get valuable insights to put to work right away in your 2019 SMB marketing program.
SMB Business Outlook and Spending PlansBredin, Inc.
What is the SMB business outlook, and how confident are they about spending, hiring and expanding as the pandemic wanes? What are their priorities and concerns? What technology do they use, and what do they plan to buy? What are the key differences in SMB outlook and spending plans by size and country?
You’ll learn:
* The current SMB state of mind: business outlook, operational status, and expected time to return to ‘normal’
* SMB priorities and challenges
* Key application usage and purchase plans – including the specific SaaS solutions they plan to adopt
* Credit usage and intent – including traditional banks vs. fintech
* Job board usage and intent – including the specific sites they plan to use
* The tech brands that SMBs trust most
* Key differences among respondents by company size, country and more
We hope you watch the webcast recording - https://attendee.gotowebinar.com/recording/8056390393923833347
Have you left your email newsletter strategy on autopilot? If so, you aren’t alone. With all the innovations in marketing technology, social media, content marketing and mobile, many marketing teams are focused on what’s changing, and have taken an “if it ain’t broke, don’t fix it” approach to email marketing. But perhaps your newsletter is worth a lot more attention than you’re giving it.
Adobe Personalization 2020 Survey of Consumers and MarketersAdobe
In January and February 2020, Adobe surveyed over 400 digital marketers and 1,000 adult consumers on topics related to digital experience personalization. Questions cover the priority of personalization, budget allocation, use cases, benefits seen including return on investment, and consumer relationships with brands and personalization across a variety of devices.
Improving the Small Business Customer ExperienceBredin, Inc.
It’s a common perception that small businesses think all banks are alike. They don’t. Their experience with, and perceptions of, different banks vary widely. And that means that the fortunes of banks serving SBOs can also vary widely.
To help you improve SBO customer experience — and as a result, acquisition, retention and revenue — we recently surveyed 500 U.S. small business principals. The findings are instructive; there are some great learnings on what SBOs want from their bank – and how they feel about your company.
This update on Mergers & Acquisitions, covering the full year of 2016, is based on publicly available information.
For more information: http://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/m-and-a-2016-deal-makers-catch-their-breath
Stifel Internet Research - The Long Runway to Solving Consumer ProblemsScott Devitt
Accompanying LinkedIn post -
https://www.linkedin.com/today/post/article/20140813172130-8553918-the-long-runway-to-solving-consumer-problems-stifel-internet-research
In conjunction with our coverage launch on 18 Internet stocks, we seek to provide investors with our thesis on the Internet sector. This slide deck is a summary of our thesis on the sector and high-level thoughts on individual Internet companies under coverage.
Companies under coverage include: Amazon, Care.com, Criteo, Dice Holdings, eBay, Expedia, Facebook, Google, HomeAway, LinkedIn, MercadoLibre, Pandora, Priceline, RetailMeNot, Speed Commerce, TripAdvisor, Twitter, and Yelp.
In this fast-paced and informative webcast, you’ll learn:
* The events or triggers prompt SMBs to start investigating new products or services
* Who within the SMB organization initiates product research in key categories
* Which specific information sources SMBs use to learn about products and services for their business
* The publications, newsletters, sites and blogs SMBs look to for product information
* The authors, bloggers, columnists, experts, podcasters, and social media personalities that are the most influential with SMB principals
* The content formats that work best at the awareness stage of the sales cycle
* The awareness tactics that are most likely to generate SMB leads
* The salesperson’s role in new product awareness
* The stage at which SMBs hire different roles, to help with targeting
* Key differences among respondents by company size, country and more
You’ll get actionable insights to put to work right away in your SMB sales and marketing plans.
SMB Business Outlook and Spending PlansBredin, Inc.
How are SMBs faring as the pandemic persists? What is their business outlook, and what are their spending plans?
In this webinar you’ll learn:
* The SMB state of mind: business outlook, operational status, and expected time to return to ‘normal’
* SMB priorities and challenges
* Key application usage and purchase plans
* Credit usage and intent – including traditional banks vs. fintech
* Job board usage and intent – including the specific sites they plan to use
* The brands that SMBs trust most
* Key differences among respondents by company size
* How all of these have changed in the past six months
You’ll get terrific insights that you can put to work in your 2022 SMB marketing plans.
Webinar recording - https://register.gotowebinar.com/recording/2253221902084314883
How many SMBs are there? What is an SMB, anyway? How are SMBs alike, and how do they differ in their business concerns and outlook? What industries are they in? How is the rate of business formation changing? What do SMBs plan to buy in 2019, and what are the most effective tactics to engage them? What messaging resonates best with this large and diverse segment?
To find out, we surveyed 500 U.S. SMB principals and compiled third-party data to provide a comprehensive overview of the SMB market.
You’ll learn:
• How SMB is defined
• How many SMBs are in each major industry
• The changing rate of business formation
• How SMBs rate their business outlook and challenges
• What SMBs plan to buy in 2019
• The media that work best with SMBs across the sales cycle
• The messaging that works best with SMBs
You’ll get valuable insights to put to work right away in your 2019 SMB marketing program.
SMB Business Outlook and Spending PlansBredin, Inc.
What is the SMB business outlook, and how confident are they about spending, hiring and expanding as the pandemic wanes? What are their priorities and concerns? What technology do they use, and what do they plan to buy? What are the key differences in SMB outlook and spending plans by size and country?
You’ll learn:
* The current SMB state of mind: business outlook, operational status, and expected time to return to ‘normal’
* SMB priorities and challenges
* Key application usage and purchase plans – including the specific SaaS solutions they plan to adopt
* Credit usage and intent – including traditional banks vs. fintech
* Job board usage and intent – including the specific sites they plan to use
* The tech brands that SMBs trust most
* Key differences among respondents by company size, country and more
We hope you watch the webcast recording - https://attendee.gotowebinar.com/recording/8056390393923833347
Have you left your email newsletter strategy on autopilot? If so, you aren’t alone. With all the innovations in marketing technology, social media, content marketing and mobile, many marketing teams are focused on what’s changing, and have taken an “if it ain’t broke, don’t fix it” approach to email marketing. But perhaps your newsletter is worth a lot more attention than you’re giving it.
Adobe Personalization 2020 Survey of Consumers and MarketersAdobe
In January and February 2020, Adobe surveyed over 400 digital marketers and 1,000 adult consumers on topics related to digital experience personalization. Questions cover the priority of personalization, budget allocation, use cases, benefits seen including return on investment, and consumer relationships with brands and personalization across a variety of devices.
Improving the Small Business Customer ExperienceBredin, Inc.
It’s a common perception that small businesses think all banks are alike. They don’t. Their experience with, and perceptions of, different banks vary widely. And that means that the fortunes of banks serving SBOs can also vary widely.
To help you improve SBO customer experience — and as a result, acquisition, retention and revenue — we recently surveyed 500 U.S. small business principals. The findings are instructive; there are some great learnings on what SBOs want from their bank – and how they feel about your company.
This update on Mergers & Acquisitions, covering the full year of 2016, is based on publicly available information.
For more information: http://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/m-and-a-2016-deal-makers-catch-their-breath
Stifel Internet Research - The Long Runway to Solving Consumer ProblemsScott Devitt
Accompanying LinkedIn post -
https://www.linkedin.com/today/post/article/20140813172130-8553918-the-long-runway-to-solving-consumer-problems-stifel-internet-research
In conjunction with our coverage launch on 18 Internet stocks, we seek to provide investors with our thesis on the Internet sector. This slide deck is a summary of our thesis on the sector and high-level thoughts on individual Internet companies under coverage.
Companies under coverage include: Amazon, Care.com, Criteo, Dice Holdings, eBay, Expedia, Facebook, Google, HomeAway, LinkedIn, MercadoLibre, Pandora, Priceline, RetailMeNot, Speed Commerce, TripAdvisor, Twitter, and Yelp.
In this fast-paced and informative webcast, you’ll learn:
* The events or triggers prompt SMBs to start investigating new products or services
* Who within the SMB organization initiates product research in key categories
* Which specific information sources SMBs use to learn about products and services for their business
* The publications, newsletters, sites and blogs SMBs look to for product information
* The authors, bloggers, columnists, experts, podcasters, and social media personalities that are the most influential with SMB principals
* The content formats that work best at the awareness stage of the sales cycle
* The awareness tactics that are most likely to generate SMB leads
* The salesperson’s role in new product awareness
* The stage at which SMBs hire different roles, to help with targeting
* Key differences among respondents by company size, country and more
You’ll get actionable insights to put to work right away in your SMB sales and marketing plans.
SMB Business Outlook and Spending PlansBredin, Inc.
How are SMBs faring as the pandemic persists? What is their business outlook, and what are their spending plans?
In this webinar you’ll learn:
* The SMB state of mind: business outlook, operational status, and expected time to return to ‘normal’
* SMB priorities and challenges
* Key application usage and purchase plans
* Credit usage and intent – including traditional banks vs. fintech
* Job board usage and intent – including the specific sites they plan to use
* The brands that SMBs trust most
* Key differences among respondents by company size
* How all of these have changed in the past six months
You’ll get terrific insights that you can put to work in your 2022 SMB marketing plans.
Webinar recording - https://register.gotowebinar.com/recording/2253221902084314883
The State of Hospitality Staffing 2023Michael Lenz
This survey report details changes in the hospitality staffing and labor markets in 2023, building on annual research completed by Instawork in the past year. Presented by Instawork.
CCI’s SVP of Sales and Marketing Steven Kellam was joined by PartnerPath’s CEO Diane Krakora to present the recently released 2015 Channel Incentive Benchmark Study. They delved into the results of the study and its relevancy to channel vendor programs in the software, hardware, and telecommunications industries.
COVID-19 has had a significant impact on every aspect of our lives. As the Capital Region prepares to resume and recover -- where do we go from here?
This webinar will share the results of Overit’s Capital Region Consumer Confidence Survey, a study of local consumers and stakeholders, to reveal:
Consumer outlook for the rest of 2020
Changes in lifestyle, career path and consumer behavior
The purchases they will make (and what they’ll put off)
What it will take to get them visiting your business or venue
Actionable steps on what to do next
The Capital Region is re-opening. Arm yourself with the research you need to know.
http://overit.com
Our 2020 Survey on Sales Compensation in Israeli SaaS Companies revealed valuable insights about both the matureness of the Israeli industry in the past two years as well as the the effects of COVID-19. We encourage the industry to use this survey as a sanity check tool for CEOs, CROs and CFOs to see where they stand vis-à-vis their peers.
Manufacturing & Distribution Update: The Economic Impact on the IndustryCitrin Cooperman
This presentation focused on what the future is likely to bring to manufacturers and distributors as the nation attempts to claw its way back from the worst of the COVID-19 crisis.
The results of our fourth SME survey are in!
Bentleys commissioned The Voice in 2014, a long-term research project to follow and explore the mindset, needs, expectations, and concerns of our clients.
We have now completed our 4th survey where we asked micro, small and medium business across Australia, about the challenges they face in regards to business confidence, risk management and international trade.
The survey has identified several challenges that face SMEs. Bentleys is here to help navigate the complex landscape and specific barriers that SME owners struggle with every day.
How much hiring will small and midsized businesses (SMBs) do this year? What kinds of SMBs will do the most hiring? How do they find job candidates, and what do they want in a hiring service? How do they rate the services they have used? What services will they use going forward?
To answer these questions, we recently surveyed 500 U.S. SMBs. There are some terrific learnings on the SMB hiring outlook, what they want in a hiring service, who they will use in 2019 and beyond, and how you can engage and acquire SMBs.
• SMB business outlook
• How 2019 SMB hiring plans compare to 2018
• The biggest challenges SMBs have in the hiring process
• What SMBs value most in a hiring service
• The features SMBs want on hiring websites
• Usage and perception of 19 leading job search sites
• Usage of other hiring tactics, such as word of mouth
• The importance to SMBs of hiring advice
• Key differences among SMBs by hiring outlook, size, industry, growth outlook, respondent age and more
You’ll get valuable insights to put to work right away in your SMB marketing plans.
Through every change in marketing technology, the email newsletter has remained one of the most effective tools in the SMB marketer’s kit. Because of its importance, we surveyed 500 U.S. SMB principals to better understand the role email newsletters play in today’s dynamic marketing environment.
In this SlideShare you’ll learn:
• How SMBs rate their business outlook and challenges
• The formats and topics SMBs are most interested in
• Which industries SMBs most want email newsletters from, and from which they’re already subscribed
• The content mix they prefer
• Where SMBs are most likely to subscribe to an email newsletter
• What gets SMBs to forward an email newsletter to colleagues
• The effect of an email newsletter program on awareness, brand perception and purchase propensity
You’ll get valuable insights to put to work right away in your SMB email newsletter program.
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The SaaS market has changed dramatically in the past two decades, but we haven’t done much to keep up with the changes.
We’ve seen inside more SaaS data than anyone else out there. But here's how we are screwing SaaS up from the Founder and CEO of ProfitWell, Patrick Campbell.
Improving the Small Business Customer ExperienceBredin, Inc.
How much do small business owners (SBOs) trust different industries, including financial services such as banking and alternative lending? What do small businesses want from the bank relationship? What are banks doing well, and what can they do better, to improve the customer experience – and as a result, acquisition, retention and cross-sell? What kinds of credit are SBOs using – or do they plan to use – from banks and alternative lenders? How are SBO attitudes towards, and planned usage of, alternative lenders evolving?
To answer these questions, we recently surveyed 500 U.S. SBOs. There are some great learnings on what SBOs value in a lender relationship, and what you can do to enhance it.
• The SBO 2019 business outlook
• SBO trust in 26 different industries, from alternative lenders to wireless service providers
• SBO awareness of and trust in 28 leading banks and over 50 alternative lenders
• Bank and alternative lender industry Net Promoter Scores
• What SBOs want in a bank relationship
• Where banks are under- and over-performing against SBO preferences
• Current use and providers of credit products – including business credit cards, savings and checking accounts, loans, LOCs, factoring and MCAs
• Planned use and potential providers of credit products
• How SBO attitudes towards alternative lenders have changed
• SBO preferred contact media
• SBO usage of and satisfaction with banking apps and events
• The impact of content marketing on bank brand perception, loyalty and upsell
• How to boost awareness and trust via content marketing
You’ll get valuable insights to put to work right away in your SBO customer experience and content marketing plans.
Generating and Qualifying Inbound SMB LeadsBredin, Inc.
Stu Richards was recently join by Stephen Archut, Director of Product Marketing at Explorium.ai, in a special Fastcast on Generating and Qualifying Inbound SMB Leads. In this fast-paced and informative Q&A, you’ll learn:
* The media that SMBs rely on to first learn about offerings like yours
* The content formats that work best at the top of the sales funnel
* The benefits of external data
* How to develop an effective data acquisition strategy
* The most common kinds of external data
* Data integration challenges
* How to onboard external data at scale
Watch the full Fastcast recording here - https://attendee.gotowebinar.com/recording/8783854779455236866
How SMBs Research Applications and Other TechBredin, Inc.
Webcast recording: https://attendee.gotowebinar.com/recording/3477333486879196418
What applications do SMBs plan to acquire in 2022? How do they research technology solutions? Which media and influencers do they rely on? What messaging resonates most strongly? Which content formats do they prefer from vendors like you? Who conducts the research? And what is their business outlook, and the ongoing impact of the pandemic?
You’ll learn:
● SMB operational status and business outlook
● Technology purchase intent
● The information sources SMBs use to research products and services for their business
● The specific influencers, sites and publications that SMBs use to assess products and services for their business
● The benefits of new hardware or applications that are most important to SMBs
● The content formats that SMBs prefer from vendors like you at the consideration stage of the sales cycle
● Which role conducts product research for different tech product categories
● How SMBs want to work with a salesperson as they investigate new products for their business
● The effect of the pandemic on supplies, pricing, hiring and RTO
● What SMBs prefer to be called, for messaging
● How SMBs define their overall business goals
You’ll get terrific insights that you can put to work in your 2022 SMB marketing plans.
What technology are small and mid-sized businesses (SMBs) most likely to buy this year, and next? How does technology contribute to their success? What do they want from a technology provider? Why do they make a purchase decision to buy?
To find out, we surveyed more than 500 U.S. SMB principals.
How Much Do Influencers Influence SMBs?Bredin, Inc.
One of the topics we heard about most in 2017 was influencers, especially in the B2C world. For B2SMB marketers, though, influencer campaigns raise a number of questions: What role should influencers play? Which influencers can motivate your customers? What’s the profile of an SMB influencer? How can influencers be used most effectively?
To find out, Bredin surveyed over 300 U.S. SMB principals.
Which cloud solutions are small and midsized businesses (SMBs) using? Which are they considering adopting next? How do they learn about, research and decide to purchase a cloud solution? Who do they want to buy from, and what do they want from cloud solution providers?
In the full report we present the results of our most recent survey of over 300 U.S. SMBs.
Supporting Your SMB Sales Team with ContentBredin, Inc.
One of the biggest challenges our clients in SMB marketing have is collaborating with their sales colleagues to develop effective sales materials. A key part of this challenge is knowing exactly what SMBs want from a salesperson, and when to engage with them.
To find out how you can better connect with SMBs via sales content, we recently surveyed 386 U.S. SMB principals.
Bredin Fastcast: Supporting Your SMB Sales Team with ContentBredin, Inc.
One of the biggest challenges our clients in SMB marketing have is collaborating with their sales colleagues to develop effective sales materials. A key part of this challenge is knowing exactly what SMBs want from a salesperson, and when to engage with them.
To find out how you can better connect with SMBs via sales content, we recently surveyed 386 U.S. SMB principals.
Bredin Fastcast: Getting SMBs to Share Your ContentBredin, Inc.
As a marketer to small and mid-sized businesses (SMBs), your company probably uses content marketing to drive awareness and engagement, enhance your brand, nurture prospects, close sales and retain customers. If so, you’re probably facing a key challenge of content marketing: getting SMBs to share your content with their peers.
To find out how you can get SMBs to share your content more, we recently surveyed 493 U.S. SMB principals.
Bredin Fastcast: Selling Telecoms Services to SMBsBredin, Inc.
SMBs are feeling pretty optimistic – and that translates into plans to invest in telecommunications services, whether to improve Internet access speed or upgrade a phone system. SMBs understand what being connected means to their business.
To find out how you can take advantage of SMB interest in your offerings, we recently surveyed over 700 U.S. SMB principals. The findings are instructive; there are some great learnings on how SMBs learn about, research and make telecoms purchase decisions; their purchase intent and timing; perceptions and trust of leading telecoms brands; SMB content marketing preferences; and how telecoms vendors can improve the sales process.
To find out how you can take advantage of this opportunity, we recently surveyed over 300 U.S. SMB principals. The findings are instructive; there are some great learnings on how SMBs learn about, research and make tech purchase decisions; their purchase intent and timing; preferred purchase channel; perceptions and trust of leading tech brands; and how tech vendors can improve the sales process.
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3. Output
INSIGHT
Topics Methods
• Qualitative
• Live / online focus groups
• In-depth interviews
• Quantitative
• Custom online
• SMB Pulse omnibus
• Snap Poll
Insight for CE / product /
marketing strategy
Data for PR / content / social /
collateral programs
3
• Attitudes and usage
• Buyer identification
• Competitive perceptions
• Market segmentation
• Media behaviors / preferences
• Message / positioning testing
• Net promoter score
• Persona / buyer journey
• Purchase intent, behaviors,
channels and preferences
4. OUTREACH
Video
Email
Newsletters
Checklists /
Worksheets
Case StudiesArticles Blog Posts
White Papers
Podcasts
eBooks
PR Surveys
Social Media
Handbooks /
Guides
Webcasts
Slideshows
Infographics
Interactive
Tools
• Survey data
• Creative brief
• Editorial calendar
• Content development
• Content audit
• Analytics
Contribution
• Expert
• Actionable
• Relevant
• Easy to understand
• Professional
• Brand-building
• Custom
Principles
Direct Mail
Event
Collateral
Brochures /
Sell Sheets
Custom Pubs
4
5. Helping SMBs through
COVID-19 Impact of COVID-19
How vendors can help The role of content Q&A: Karen Wozniak,
Paychex
1 2
3 4 5
Office and staffing
5
WHAT WE’LL COVER
6. 6
Online survey via the Bredin.com/SMBPulse
500 principals at U.S. SMBs with <500 employees (+/- 4% CI)
WHEN
HOW
WHO
% Indicates highest % in a column
(A) / (B) / (C) Indicates statistically significant difference between columns
Note: The SMB Pulse is opento marketer participation.
Some charts in this deck do not total to 100% due to rounding.
METHODOLOGY
Company size quotas
250 with one to 19 employees (VerySmall Businesses orVSBs;97.7% weighting)
150 with 20 to 99 employees(Small Businesses orSBs; 2% weighting)
100 with 100 to 500 employees (Mid-sized Businessesor MBs; 0.3% weighting)
September 26 to October 5, 2020
7. 7
SAMPLE CHARACTERISTICS
n=500
5%
18%
16%
19%
43%
Up more than 100%
Up 10% to 100%
Up less than 10%
Same as 2019
Down compared to 2019
Principal (e.g.,
Owner, Founder,
Partner, CEO,
President, etc.)
Male
Female
72%
28%
1%
26%
37%
34%
2%
Gen Z (18 to 23)
Millennial (24 to 39)
Gen X (40 to 55)
Boomer (56 to 74)
Silent Generation (75+)
RespondentAge Company Age Business Outlook
Title/Role Company Size Gender
8%
9%
8%
25%
18%
12%
20%
5-9
20-49
6%
34%
26%
34%
Less than 2 years
2 to 9 years
10 to 19 years
20 years or more
100%
100-500
50-99
10-19
Business Status
52%
44%
4%
Open for business;
fully operational
Open for business
on a limited basis
Closed, but plan to
reopen
1 (just me)
2-4
8. 8
SAMPLE CHARACTERISTICS
n=500
West
21%
South
39%
Midwest
19% Northeast
21%
Geography
35%
52%
13%
PopulationDensity
Urban
Suburban
Rural
11%
15%
16%
32%
15%
11%
Less than $100K
$100K to $499K
$500K to $999K
$1M to $4.9M
$5M to $10M
More than $10M
Company Revenue
36%
29%
24%
11%
Manufacturing
Construction/Mining/Contracti
ng/Electrical/Landscape/
Plumbing/etc.
14%
Manufacturing/Transportation
and Warehousing
4%
Automotive 3%
Life Sciences (e.g.
Pharmaceutical/Medical
Devices/Biotechnology)
3%
Energy/Utilities 1%
Telecommunications 0%
Other
Personal Services 6%
Education/Training 3%
Nonprofit 1%
Industry
Professional Services
Financial Services/
Accounting/Bookkeeping
8%
Technology (e.g. computer
hardware, software, services,
Internet)
8%
Legal 5%
Medical 5%
Advertising/Consulting/Desig
n/ Marketing Services
4%
Banking/Insurance/Mortgage 4%
Architect/Engineering 2%
Publishing/Printing/Media 1%
Retail/Wholesale
Retail 11%
Real Estate 5%
Food/Beverage/Restaurants 5%
Wholesale 3%
Entertainment/Recreation 3%
Travel/Hotel/Hospitality 2%
10. 10
THIRD-PARTY PERSPECTIVE
• 1.4 million small businesses have closed1
• Including 100,000 restaurants (one in six)2
• Many small business balance sheets were already weak pre-Covid3
• Revenue is under pressure
• 1 in 3 have reduced staff
• 1 in 4 have limited operations
• 3 in 5 expect Covid to reduce sales
• Expenses are up
• 1 in 5 do not expect to survive
• Debt service is challenging
• However, some sectors are stable / up
• e.g., recreation, tech, delivery, trades, legal, pharma, PPE
1. Oxxford Information Technology
2. NRF
3. McKinsey
12. 12
BUSINESS OUTLOOK: INDUSTRY
n=500.See slide 8 for industry group definition
How do you expectyour 2020 revenue to compareto 2019?
• Retail/Wholesale outlookhas fallen the furthest since February, followed closelyby Manufacturing
• Like VSBs,‘Other’ industries have fallen the least, from a low base
13%
(C)
41%
8%
50%
4%
41%
21%
(BC)
43%
26%
21%
29%
23%
27%
23%
39%
24%
27%
13%
26%
9%
36%
(D)
22%
(B)
18%
11%
28%
21%
35%
14%
27%
14%
19%
14%
6% 4% (C) 3% 5% (C) 6%
0% 3%
8% (C)
February 2020 October 2020 February 2020 October 2020 February 2020 October 2020 February 2020 October 2020
Professional Services (A) Manufacturing (C)Retail / Wholesale (B) Other (D)
Up more than 100%
Up 10% to 100%
Up less than 10%
Same as 2019
Down compared to
2019
-23pts -36pts -33pts -7pts
13. 13
IMPACT OF COVID-19
n=500
Please rate how much you agree with eachof these statements
aboutthe effectof COVID-19 on your business:
• Over half of respondents agree their revenue will fall as a result of COVID-19
• Three in five are concerned about the ‘second wave’
32%
29%
17%
15%
13%
9%
9%
7%
7%
7%
6%
22%
31%
20%
21%
22%
17%
17%
15%
6%
15%
13%
My 2020 revenue will decline because of COVID-19
I am very concerned about a second wave of infections later
this fall / winter
The worst is behind us for my business
The federal government has helped my business cope with
COVID-19, for example through the PPP program
The worst is behind us for the U.S. economy
My business will emerge stronger because of COVID-19
My business will be permanently affected by COVID-19
My vendors / suppliers like my bank, payroll company, etc.
have helped my business cope with COVID-19
I don’t think my business will survive COVID-19
My state government has helped my business cope with
COVID-19
My town or city government has helped my business cope
with COVID-19
Agree strongly Agree somewhat
14. 14
IMPACT OF COVID-19: COMPANY SIZE
n=500
Please rate how much you agree with eachof these statements
aboutthe effectof COVID-19 on your business:
• MBs are most concerned about a second wave of infections
• They are significantly more concerned about almost every effectof COVID-19 than their smaller peers
32%
29%
17%
15%
13%
9%
9%
7%
7%
7%
6%
My 2020 revenue will decline because of COVID-19
I am very concerned about a second wave of infections later
this fall / winter
The worst is behind us for my business
The federal government has helped my business cope with
COVID-19, for example through the PPP program
The worst is behind us for the U.S. economy
My business will emerge stronger because of COVID-19
My business will be permanently affected by COVID-19
My vendors / suppliers like my bank, payroll company, etc.
have helped my business cope with COVID-19
I don’t think my business will survive COVID-19
My state government has helped my business cope with
COVID-19
My town or city government has helped my business cope
with COVID-19
Agree strongly
VSBs
(A) 250n
SBs
(B) 150n
MBs
(C) 100n
32% 37% 41%
28% 32% 44%
16% 20% 35% (AB)
14% 22% 43% (AB)
13% 13% 30% (AB)
9% 20% (A) 41% (AB)
8% 19% (A) 35% (AB)
7% 15% (A) 38% (AB)
7% 12% 26% (AB)
6% 13% (A) 37% (AB)
6% 12% (A) 36% (AB)
37%
44% (A)
32%
15. 15
EFFECT OF COVID-19
n=500
What effectdid the COVID-19 pandemichave on your business?
Selectall that apply.
• The biggesteffectof COVID-19on VSBs is lower demand;for SBs, to cut employee hours; for MBs, government mandates
• MBs are most likely to see some positive effectfrom COVID-19
39%
27%
22%
21%
16%
15%
14%
7%
7%
4%
3%
3%
8%
19%
Lower demand for our products or services
Had to reduce employee hours
Limited or reduced availability of supplies, raw material, etc.
Government-mandated closure or reduced operations
Had to furlough or lay off employees
Limited or reduced availability of employees / contractors
Reduced salaries and wages
Difficulty in transporting goods
Increased demand for our products or services
Increased employee hours
Increased salaries and wages
Hired more employees
Something else (please describe)
No effect
VSBs
(A) 250n
SBs
(B) 150n
MBs
(C) 100n
39% 38% (C) 21%
27% 39% 27%
22% 16% 19%
20% 24% 30%
16% 24% (A) 21%
15% 22% 27% (A)
14% 18% 20%
7% 15% (A) 16% (A)
7% 14% (A) 20% (A)
4% 10% (A) 20% (AB)
3% 9% (A) 21% (AB)
3% 7% 19% (AB)
8% 5% 2%
20% (C) 15% 10%
39% (A)
30%
39% (C)
• Remote work(9)
• Communicationswasa challenge
• First we had no business,
• Had to give discountsto clients.
• Limitingtravel
• More work from home
• Other companiesbeing totally laze
because of coronavirus
• Placed restrictionson travel.
• Shut down temporarily
• Temporarily closed all of our venues
• Working from home
• At first the quarantine slowedthings
a bit
• Deal with suppliersmore over the
phone than inperson
• Employeesworked from home
• Had to shut down for2 weeks
• Less traffic
• Not working in office created
problems
• Reduced timedue to homeschooling
• Rental incomelost
• Shut down fir awhile
• Suspension of grantsadministration
and support from clientswho have
lost strategic employeesthemselves
due to virus.
• Worked from home for a few weeks
16. 16
EFFECT OF COVID-19: INDUSTRY
n=500
What effectdid the COVID-19 pandemichave on your business?
Selectall that apply.
• Retailers/Wholesalershave beenespeciallynegatively impacted
• Half of Manufacturers had seen reduced demand;a third have struggled to get supplies
39%
27%
22%
21%
16%
15%
14%
7%
7%
4%
3%
3%
8%
19%
Lower demand for our products or services
Had to reduce employee hours
Limited or reduced availability of supplies, raw material, etc.
Government-mandated closure or reduced operations
Had to furlough or lay off employees
Limited or reduced availability of employees / contractors
Reduced salaries and wages
Difficulty in transporting goods
Increased demand for our products or services
Increased employee hours
Increased salaries and wages
Hired more employees
Something else (please describe)
No effect
PS (A)
173n
RW (B)
165n
M (C)
105n
Other (D)
58n
34% 41% 49% 28%
24% 34% (AD) 29% (D) 14%
15% 24% (A) 34% (AD) 14%
19% 25% (C) 14% 24%
12% 22% (A) 14% 17%
17% 21% (C) 10% 7%
13% 19% 8% 17%
6% 10% 6% 4%
6% 6% 10% 7%
5% 4% 4% 0%
6% 1% 0% 7%
5% 3% 2% 4%
10% (B) 4% 6% 17% (BC)
23% 19% 14% 21%
41% 28%49% (AD)34%
• Remote work(9)
• Communicationswasa challenge
• First we had no business,
• Had to give discountsto clients.
• Limitingtravel
• More work from home
• Other companiesbeing totally laze
because of coronavirus
• Placed restrictionson travel.
• Shut down temporarily
• Temporarily closed all of our venues
• Working from home
• At first the quarantine slowedthings
a bit
• Deal with suppliersmore over the
phone than inperson
• Employeesworked from home
• Had to shut down for2 weeks
• Less traffic
• Not working in office created
problems
• Reduced timedue to homeschooling
• Rental incomelost
• Shut down fir awhile
• Suspension of grantsadministration
and support from clientswho have
lost strategic employeesthemselves
due to virus.
• Worked from home for a few weeks
17. 17
BUSINESS PRIORITIES
n=484
• Interestingly,few respondents are putting a lower priority on any business challenge now than before COVID-19
• Economic uncertainty, customerretention/acquisitionand managing costs/cashflow are the biggeststressors ina COVID-19 economy
Much higher priority now Somewhat higher priority now Significantly
lower priority now
29%
29%
28%
27%
24%
20%
19%
17%
17%
15%
14%
13%
7%
11%
35%
30%
31%
31%
32%
18%
25%
22%
20%
17%
25%
17%
16%
24%
32%
35%
37%
35%
39%
51%
46%
54%
50%
53%
45%
56%
52%
55%
2%
3%
2%
4%
3%
3%
3%
2%
4%
3%
7%
8%
7%
4%
1%
2%
2%
3%
3%
2%
2%
1%
2%
2%
2%
3%
6%
3%
Coping with economic uncertainty
Retaining current customers
Managing costs
Finding new customers
Managing cash flow
Finding good employees
Retaining good employees
Keeping our data secure
Access to capital
Paying for health care
Developing new products and services
Dealing with competition
Coping with climate change
Complying with government and industry regulations
How has COVID-19 affectedyour businesspriorities?Please indicate whethereach of these business
objectives is a higher or lower priority now than it was at the start of the year
No change Significantly
lower priority now
18. 18
RETURNING TO THE OFFICE
n=500
When will your full team return to your workplace(s)?
• The plurality of respondents have already returned to the workplace, especiallyamong VSBs and SBs
• MBs are most likely to return to the office later this year, or in the first half of next year
18%
34%
14%
17%
5%
2%
2%
6%
2%
We have always been fully remote / distributed
We already have
By the end of the year
In the first quarter of 2021
In the second quarter of 2021
In the second half of 2021
After 2021
Only when there is a vaccine
We don’t envision ever returning to a central workplace
VSBs
(A) 250n
SBs
(B) 150n
MBs
(C) 100n
18% 13% 15%
34% 32% 14%
14% 23% (A) 23%
17% 13% 22%
5% 6% 20% (AB)
2% 2% 0%
2% 1% 2%
6% 7% 4%
2% 2% 0%
32% (C)
23% (A)
34% (C)
19. 19
RETURNING TO THE OFFICE: INDUSTRY
n=500
When will your full team return to your workplace(s)?
• Half of Manufacturers are already back at the workplace
• ProfessionalServices firms are mostlikely to delay a return to the office
18%
34%
14%
17%
5%
2%
2%
6%
2%
We have always been fully remote / distributed
We already have
By the end of the year
In the first quarter of 2021
In the second quarter of 2021
In the second half of 2021
After 2021
Only when there is a vaccine
We don’t envision ever returning to a central workplace
PS (A)
153n
RW (B)
161n
M (C)
113n
Other (D)
73n
15% 20% 21% 19%
23% 36% 48% 30%
12% 15% 15% 13%
29% 15% 9% 8%
7% 4% 2% 11% (BC)
3% 2% 2% 3%
4% 1% 0% 3%
5% 7% 4% 5%
4% (B) 0% 0% 8% (BC)
36% (A)
29% (BCD)
48% (ABD) 30%
20. 20
STAFFING CHANGES
n=500
How has your staffing changed in light of COVID-19?
• While net staffing has decreased overall, it has decreased leastamong MBs
6%
12%
7% 5%
9%
5% 5%
12% 9%
23%
9%
15%
26%
10%
11%
33% 17%
(A)
20%
(B)
54%
(C)
46%
(C) 39%
48%
(C)
47%
(C) 49%
35%
32%
37%
5%
9%
5%
9%
14%
8%
7%
21%
(A)
16%
(AB)
4%
4%
3%
11%
(A)
9%
9%
(A)
20%
(A)
13%
(A)
12%
(A)
Full-time Part-time Contract Full-time Part-time Contract Full-time Part-time Contract
VSBs (A) SBs (B) MBs (C)
Increased significantly
Increased somewhat
No change
Decreased somewhat
Decreased significantly
21. 21
HOW VENDORS CAN HELP
n=500
What could vendors like your bank,payrollservice provider,creditcard
company or tech companiesdo to help you to better managethe adverse
effects of the COVID-19 pandemic on your business? Selectall that apply.
• VSBs and SBs mostwant discounts or fee waivers; MBs, business management advice
• There is also strong interest in help with business promotion
55%
30%
24%
20%
15%
Provide discounts or fee waivers
Help me promote my business
Provide free trials
Provide business management tips and advice, e.g. articles
and videos
Something else (please describe)
VSBs
(A) 250n
SBs
(B) 150n
MBs
(C) 100n
55% 58% 48%
30% 37% 44% (A)
24% 27% 30%
20% 35% (A) 52%
15% (B) 5% 3%
58%
52% (AB)
55%
• Answer emailsin a timely fashion
• Because of the nature of my
business, there isnothing they could
do.
• Defer payments
• Do their jobs
• Go back to normal
• Just get back to normal operations
and stop thisoverhyped democratic
bullshit.
• Make credit easier
• Nothing - we are operatingas
normal with small modifications
• Send Clintonsto prison
• Thisis entirely my problem and I
can't envision any of those entities
helping thesituation.
• Be there if I do have a problem
• Give me money
• Helped small businesses
• Hire people to helpinsteadof going
electronic
• Put pressure on politiciansto get out
of the way
• Send me more customers
• Updateson financial trends
• We don't use vendorsin our
business.
22. 22
HELPFUL VENDORS
Is there any companythathas, or companies thathave, been particularly helpfulto your business in light of COVID-19,
or any companieswhoseCOVID-19responsehas been particularlyimpressive or helpful? If so, which one(s),and why?
(abridged)
• AARP
• Accenture, they have presented us very
detailed plans on dealing w ith all the virus
issues
• Amazon (6)
• Amazon markets
• Amazon ...the country runs on amazon
• Amazon for supplies
• Amazon has been consistent w ith the
service it provides during the pandemic
• Amazon has really helped
• Amazon. Shipments w ere not lost
• Amazon. they help me very w ell
• Amazon, supplying us w ith materials w hen
needed
• American Express (3)
• American Express because they redid a
payment schedule
• Amica and United Healthcare
• Bank of America (4)
• Bank of America has approved a small
loan for my company
• Bank of America has been good about
w aiving fees and offering sound advice.
• Bank of America has been very helpful to
my business.
• BB&T has offered to defer payments,
things like that.
• BCBS gave a COVID-19 discount to my
healthcare bill
• Best Buy. They have been great as a
supplier and a vendor in supporting not
only our business but, their employees as
w ell
• Bortz Hardw are actually had people help
us install plexiglass in our offices.
• Capital Group has extended tw ice a
deadline for my clients and that has really
helped me to show that they care
• Charles Schw ab has been very helpful in
giving me guidance during the pandemic
on investments. Humana Health
Insurance has been helpful in giving us
guidance on w ays to stay healthy.
• Chase has helped in the application of the
Paycheck Protection Loan. It has also
increased our line of credit, it has also
deferred some payments due during this
current pandemic.
• Chase Bank (3)
• Chase Bank has stayed open for us
• Chase has been a lifeline because they
aided us in the PPP. We w ere able to get
in early due to their quick action on the
paperw ork and the submittal.
• Chase- our bank/loaner of choice...has
helped w ith fees, interest rates, payment
schedules.
• CPA firm
• Electric company offering low er rates
during peak ours of usage
• Fidelity
• First Citizens Bank helped in acquiring
PPP loan
• First Haw aiian Bank
• First Republic Bank
• Frost Bank
• Google (3)
• HEB has helped me find supplies w hen
this all started
• Home Depot keeping supplies in stock
and delivering them to site
• Home Trust and Savings Bank, financing
w hen needed
• Isabella Bank
• Local business ow ners have come
together and helped one another
• Local suppliers of parts and equipment to
my shop have been invaluable as w ell as
an excellent source for PPE supplies
• Met Life
• Microsoft helps us
• Microsoft significantly increase their
revenue
• My bank has been very helpful because
they helped me w ith my financial needs
and have provided me w ith loans
• My bank sought me out for PPP loan
• My bank helped me apply for the PPP
loan
• My franchisor: Liberty Tax Service. They
have supplied the tools necessary to
survive and eve thrive during this trying
period. One example is providing the
softw are to process a tax return remotely
w ith virtual contact w ith a client.
• My general liability insurance firm
• My local bank has been very supportive
and helpful.
• Our bank expedited our PPP loan
application. Great follow up
communication as w ell.
• Our private landlord w aived some rent
• PayPal offered a range of helpful financial
advice and resources and financing
• PNC Bank (2)
• PNC Bank helped me thru the PPP
program very w ell
• QuickBooks has been helpful
• Regions Bank
• Safeco Insurance has been excellent on
customer payments
• Sage
• SSBT Bank. Flexible w ith payments
• State Farm
• TD Bank
• U.S. Government permitting us my
contracted staffing to w orkfrom home on
their behalf.
• USAA
• Verizon has put on a massive effort to
help its small business customers survive
Covid-19. They brought forth many expert
advisors, gave aw ay data usage, and
aided in formulating business plans to get
through.
• Walmart
• Wells Fargo (3)
23. 23
CONTENT USAGE DURING COVID-19
n=500
How, if at all, has your use of businessmanagementtips and advice
from vendorschanged in light of the COVID-19 pandemic?
• While net content consumptionhas increased overall, the increase grows significantly with headcount
4%10%
75%
7%4%
Increased significantly
Increased somewhat
Hasn’t really changed
Decreased somewhat
Decreased significantly
4%
10%
76%
(BC)
7%
4% 13%
(A)
21%
(A)
53%
(C)
7%
5%
40%
(AB)
30%
(A)
25%
3%2%
VSBs (A) SBs (B) MBs (C)
14% Increased 35% Increased 70% Increased
11% Decreased 13% Decreased 5% Decreased
24. 24
CONTENT USAGE DURING COVID-19: RESPONDENT AGE
n=500
How, if at all, has your use of businessmanagementtips and advice
from vendorschanged in light of the COVID-19 pandemic?
• Younger entrepreneurs are driving the increase in content consumption
4%10%
75%
7%4%
Increased significantly
Increased somewhat
Hasn’t really changed
Decreased somewhat
Decreased significantly
19%
(BC)
32%
(BC)
40%
5%4% 4%
8%
73%
(A)
11%
4% 2% 8%
80%
(A)
6% 4%
Gen Z + Millennials
(A)
Gen X
(B)
Boomers + Silent Generation
(C)
51% Increased 12% Increased 10% Increased
9% Decreased 15% Decreased 10% Decreased
25. Easy to understand
Clear that the writer understands
small and mid-sized businesses
Clearly explains product /
service benefits
Describes how companies in my industry have
benefitted from their offerings
Describes how companies my size
have benefited from their offerings
Doesn’t do a hard sell
In a format I preferIncludes a compelling special offer,
promotion or discount
Includes an interview
with an expert
Includes an interview with
other business owners
Includes photos of people
who look like me
Provides actionable advice
Provides in-depth advice
Provides valuable business
management tips and advice
Reflects current business conditions
/ the current economic climate
10%
15%
20%
25%
30%
35%
40%
10% 20% 30% 40% 50% 60% 70%
25
CONTENT IMPORTANCE VS. PERFORMANCE
n=500
• On a relative basis,content most‘overperforms’on SME interviews and case studies and ‘underperforms’on current conditions
Performance outweighs importance
Importance outweighs performance
Performance gap
Importance (% rated ‘very important’)
Performance(%rated‘verygood’)
26. 26
IMPACT OF ADVISORY CONTENT
n=500
In general,does vendor businessmanagement
tips and advice make you more likely to:
• Overall, content is most likely to improve brand perception
• The effectof content generally increases with company size; content makes MBs especiallylikely to consume additional content
64%
62%
56%
53%
48%
43%
Think favorably of that vendor
Remain a customer of that vendor
Read / watch more of that vendor’s
business management advice
Become a customer of that vendor
Make an additional purchase from
that vendor
Subscribe to their email newsletter,
or follow them on social media
VSBs
(A) 250n
SBs
(B) 150n
MBs
(C) 100n
64% 70% 75% (A)
62% 68% 77% (A)
56% 61% 85%
52% 61% 76% (AB)
48% 59% (A) 73% (AB)
42% 53% (A) 76% (AB)
70%
85% (AB)
64%
% Yes
27. 27
IMPACT OF CONTENT ON PURCHASE
n=500
Have you boughtfrom or become a customer of a companybecause oftheir
business managementtips and advice?
• Content can be an effective purchase motivator
• The effectof content on purchase increases strongly with company size
4
%
10
%
Yes
No
32%
68%
(BC)
45%
(A)
55%
(C)
67%
(AB)
33%
VSBs (A) SBs (B) MBs (C)
28. Research
• Product / go-to-market strategy / CE / NPS
• Persona / buyer journey
• Original data for standout content and PR
Strategy
• Content strategy
• Creative brief / ed cal
Content
• Original content development
• Exclusive SMB focus
28
HOW BREDIN CAN HELP
Stu Richards, CEO
stu@bredin.com
Work with the experts in SMB insight and engagement