Seizing the Executive Engagement Opportunity explores the ongoing impact of the COVID-19 pandemic on B2B executives’ buying behavior for high-consideration, technology-based solutions and consulting services.
Based on a survey in September 2020 with more than 500 senior business and IT executives, this report digs into executives’ business and solution priorities, engagement preferences for various types of content, channels, and information sources, and perceptions of how providers are engaging now and will need to engage in the future.
This report is a follow-on to an earlier ITSMA report published in May 2020: How Executives Engage: Understanding Changing Buyer Behavior in Response to the COVID-19 Pandemic, Part 1.
Together, the two-part study provides critical data and insight for B2B marketers who are focused on building and strengthening relationships and sales at the executive level in the wake of the dramatic disruptions of COVID-19. By September 2020, senior-level B2B buyers had moved well beyond the early reactions to the COVID-19 pandemic and were focusing on new strategies and priorities for growth and innovation even amid an extremely uncertain future.
Seizing the Executive Engagement Opportunity: Responding to Changing Buyer Priorities Amid the COVID-19 Pandemic provides essential data and insight on the priorities, preferences, and perceptions of executive-level B2B buyers as they explore and invest in new technology-based solutions and services.
The report highlights the changing business and technology priorities for business and IT executives nine months into the pandemic, and the preferences that executives now have for content and engagement with solution providers interested in responding to their changing needs.
Specific highlights from the second wave of this year’s study include:
- Changes in IT spending since the pandemic began
- The state of business transformation and top business and technology investment priorities
- Preference for different types of information sources and time spent researching solutions
- The value of thought leadership
- Preferences for different types of online engagement
- Top requirements for earning trust
In this context, the report identifies four essential guidelines for B2B marketers to follow as they adapt and develop their executive engagement programs.
The study includes new survey and comparative survey data from 503 executives from nine regions/countries (ANZ, Benelux, Canada, France, Germany, Nordics, UK, and US) across seven major industry sectors. Most respondents are from $1 billion+ companies. In addition to aggregate data, the full report includes Comparisons: Wave 1 (May 2020) and Wave 2 (September 2020)—North America and Europe Only data and crosstabs by region.
The study was co-sponsored by SAP and Adobe.
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Seizing the Executive Engagement Opportunity: How Executives Engage Study (Part 2) Abbreviated Summary
1. Seizing the Executive
Engagement Opportunity
Responding to Changing Buyer PrioritiesAmid the
COVID-19 Pandemic
Julie Schwartz, Senior Vice President, Research and Thought Leadership, ITSMA
How Executives Engage Survey 2020, Part 2
Abbreviated Summary | October 2020
This abbreviated summary highlights some of the most significant
findings of ITSMA’s How Executives Engage Survey 2020, Part 2.
A more in-depth analysis can be found in the full report
https://www.itsma.com/research/seizing-the-executive-engagement-
opportunity-how-executives-engage/