B2B marketers best equipped for remote working, study finds

By March 31, 2020ISDose

Being forced to work from home is less likely to concern B2B marketers than those in B2C businesses, a new study shows.

MarketingWeek and Econsultancy surveyed 872 B2B respondents and 617 in B2C marketing roles.

They found that 51% of B2B marketers said their business was already very proficient at enabling remote working, and 42% believed their business would not be compromised by this alternative way of operating.

This contrasts with around 34% of B2C respondents saying their companies were already very strong on enabling remote working; only 27% of them believed their business would not be compromised by the new system.

Other key findings include:

– Only 11% of B2B marketers believe their organisation will definitely be compromised by remote working, versus 21% of their B2C counterparts.

– While 36% of B2B marketers have seen demand for their services decline, on the B2C side, 43% say the same.

– While 58% of B2C marketers have stopped hiring, this is less of a concern among B2B marketers (49%).

– While 53% of B2B marketers say their technology teams are well prepared to support remote workers, only 43% in B2C say the same.

– Creative collaboration by remote means is more of a concern for B2C marketers, with 76% worrying that this will suffer, while 66% in B2B roles say this is the case.

– Trouble accessing data remotely is expected to be a challenge for 43% of B2C marketers and 29% in B2B.

Both business-facing and consumer-facing businesses have been delaying product launches and new campaigns in roughly equal numbers due to the virus outbreak, the research shows.

While 60% of those in B2B say they’ve had to put marketing efforts on ice, that figure is 57% for B2C marketers. Close to two-thirds of both groups are reviewing their budget commitments, and over half (53% of B2B and 54% of B2C marketers) have put new product launches on hold for now.

This article first appeared in www.warc.com