People choosing trusted brands but marketers pulling brand campaigns
Should marketers be investing in top-of-funnel campaigns or performance advertising right now? That question is being hotly debated in a lot of places, including major earnings reports where performance seems to be winning. (We’ll be debating top vs. bottom of the funnel marketing on tomorrow’s Live with Search Engine Land .) Making the case for brand. New consumer data from Survata makes a strong case for brand marketing and argues that trusted brands are winning during the pandemic. The survey also contains interesting findings about messaging and what consumers want to hear from brands right now. Survata polled 1,016 U.S. adults on shopping behavior and brand expectations. The company found a strong preference for established brands over private labels or generics in a number of product categories. This seems at least partly at odds with another of the survey’s findings: almost two-thirds (64%) of consumers are cutting back on spending in a significant way. Brand preference de...