2020 by the numbers

2020 is a number that has created a meaning all its own. 2020 is now a number that means so much to every person, at the same time holding a meaning unique for everyone. We’ve curated the most need-to-know or just interesting to know findings from 2020 in a marketer’s world.
WordStream outlines the top 10 online marketing and advertising stories. These stories include the shift in consumer and business habits as it pertains to the pandemic, social and political issues. Adoption of online resources was pretty much forced. Not being able to dine at your favorite restaurant, not feeling safe at the grocery store, not being able to visit a doctor or your bank, for example, all resulted in the need to download apps, use telemedicine and do a lot of what normally would be done in-person, now online.
Speaking of apps, app downloads climbed 33%with massive organic demand for non-gaming apps.
Fast numbers from Falcon.io:
- Facebook’s analytics department reported a 50% surge in messaging during first ‘stay in place’ orders in March 2020
- WhatsApp saw a 40% lift in usage
- TikTok global downloads grew 5% February to March, adding over 12 million unique US-based visitors
- 70% of Instagram users view stories daily, with 62% becoming more interested in a product or brand after seeing it featured in a story
- 62% of consumers want companies to advocate for the issues they’re passionate about
- 33% of consumers would intentionally buy more from a brand that voiced a controversial opinion congruent with their beliefs
Lockdown measures have accelerated the shift to e-commerce by 5 years, and social commerce is rising along with that wave.
- Instagram expanded shopping features
- Facebook launched Facebook Shops in September 2020, poised to be a new Amazon
- TikTok launched a “shop now” button
- Snapchat was in e-commerce early but has since offered augmented reality and filters for people to try on makeup and clothes before they buyvia the platform
2020 global commerce is $89.4 billion, with the US comprising $26.9 billion of that. Forecasted to cross $600 billion by 2027.
So, what brands were people resonating with? Check out YouTube’s ads leaderboard that showcases the top 10 ads that people chose to watch on YouTube this year in the US.
Video is its own category, and 2020 solidified its space even further. Download white papers from Comscorefor key findings such as:
- In March 2020 the amount of average daily OTT households increased by nearly 6 million
- Local and national TV viewing spiked in March regardless of shelter-in-place orders, most likely due to the increase of news programming consumption
- Smart TVs fastest growing streaming segment grew 45% in April year-over-year
- Reach of ad-supported services outpaced that of non-ad-supported services by 4%
- OTT content viewing has become mainstream media behavior on the U.S. with almost 70 million homes using OTT and an average of 102 hours of OTT content viewed in a month’s time
3 marketing and advertising industry leaders sum up 2020 in one word. Watch it HERE.
2020 has forced a progression and acceptance of online platform and device usage that will carry into 2021. Businesses who were planted in the online space succeeded. Those who did not have an online presence, who could not communicate effectively with their customers online, or who could not provide their products or services in a remote way, felt the most hardship.
As marketers we will work with your business to improve your online health and messaging, as your customer’s habits continue to shift and they engage with you digitally.
Resources:
https://www.wordstream.com/blog/ws/2020/12/14/top-digital-marketing-stories-2020
https://www.appsflyer.com/blog/top-5-trends-app-marketing/
https://www.thinkwithgoogle.com/marketing-strategies/video/youtube-leaderboard-year-end-2020/
https://www.comscore.com/Insights/Presentations-and-Whitepapers/2020/State-of-OTT
https://www.thinkwithgoogle.com/future-of-marketing/management-and-culture/sum-up-2020/








