a more extensive study covering
COVID-19 shock has passed, but it still has
impact. In April 2020
bestfitnes.net , we conducted a study on how COVID-19 is impacting
Google Ads research advertising. For industries such as Travel, Fitness,
Dinning, and Construction, the pandemic has become a real shock, dropping
business performance crucially. According to Statista, 89% of marketers delayed
campaigns or put them under review.
However, it is not all bad. Branches like
Delivery Services, Sports Equipment,
businessfuture.net and Online Education received an impetus
to develop.
Time has passed, and things have changed.
We’re used to wearing
businessidea.info masks, observing quarantine mode, and not sweeping
products off the shelves after another outbreak of disease.
The virus has become a part of our life,
though not the pleasant one. In this regard, we decided to conduct a more
extensive study covering the period from October 2019 till November 2020.
We’ve analyzed 30,000+ Google Ads research
accounts linked to PromoNavi and uncovered the major trends in
ad spend and performance change across various stages of the pandemic.
Let’s dive into what we’ve discovered…
The Ad Spend Is Not Influenced by Disease
Rate, But Likely Lockdown Policies
The impact of the first illness cases on the
economies was sufficient, especially when the virus began to spread in Europe.
By the end of March 2020, the overall ad spend decline, compared to the
previous month, was about 30%.
Businesses were frustrated. It seemed that
further decline was inevitable. But the reality turned out to be different. The
bottom was reached in March, and, since April, we observe sustainable recovery.
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