A couple of months ago, we could not have imagined that in apocalypse mode, heroically saving the planet, people would rush to buy bread makers. When humanity urgently changes its habits and behavior, businesses must adapt and look for new opportunities.
In the midst of a pandemic, the population prefers to bake bread, and then lose weight with home-made sports equipment. In addition to e-Commerce, significant changes are taking place in other areas: events (even techno parties and court sessions) en masse are transferred in the broadcast. Video game sales are growing and online versions of board games, pharmacies are entering the market (on April 12 in Russia there was allowed sale of medicines online). All those who did not manage to gain their own audience go to marketplaces, which actively develop logistics and purchase pedestals.
SimilarWeb data on activity in various sectors from December 2019 to April 2020: noticeable growth in telemedicine, video games and food delivery. <Against the background of growing demand for home sports, the sale of training videos on Wildberries.
People began to make more frequent video calls to friends and relatives (an increase of 20%), and send more messages (an increase of 15%). Views of videos, broadcasts, stories and news feeds increased by 10-16%. The pandemic has moved the audience from offline to online, during this time it is especially important for marketers and developers to have time to link users to their products, and those services that work effectively online are unlikely to return offline.
In which sectors are the most obvious growth and successful promotion now: Food and nutrition Delivery of fresh food, ingredients for cooking homemade dishes and pastries. Entertainment The gaming industry, online cooking courses, virtual travel. Self-development, sports Classes in virtual classrooms, online fitness. Services Contactless systems, improved delivery services, remote financial services. Health and medical services Pharmaceuticals, dietary supplements, vitamins, medical devices, personal protection elements, telemedicine, online consultations, applications. Electrical appliances Dishwashers, bread makers, disinfection devices. Reduced office costs Renting an office is expensive, and flexible working hours, which many companies will now discover for themselves, may become a familiar work organization. This provides new opportunities for the areas involved, such as remote work systems and cloud services. At the slightest sign of instability, businesses cut their promotion budgets. Affiliate programs in betting reduced the rates from 50% to 10%, and some financial partner companies reduced the rates by 20-30%. Amazon in its affiliate program announced a reduction in rates for certain categories starting from April 21, 2020. At the same time, the company significantly reduced the cost of contextual advertising, which their competitor eBay actively decided to take advantage of.and the audience from offline to online, during this time it is especially important for marketers and developers to have time to link users to their products, and those services that work effectively online are unlikely to return offline.
The New Normal: COVID-19’s Business and Consumer Impact in Europe [April 2020] However, not everyone in the current situation can increase the advertising budget like eBay, and we are seeing a decrease in costs for media coverage and promotion бренда. In comparison with display and contextual advertising, affiliate marketing keeps well afloat, and this is logical, because advertisers understand that it is now more profitable for them to pay for an established client than for a client in the future, reducing the risks of financial losses for promotion and focusing on the product itself and logistics.
For advertisers who can afford promotion only within a certain cost of sale, the relevant tool will be the CPA channel, which provides a quick start and linear traffic growth. It's better to change quickly than to die slowly, so if the last time you made up your user's path was a year ago, now is the time to rewrite it taking into account new realities, and act.
17 May, 2023
12 Jun, 2023
20 Sep, 2023