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Most B2B marketers say the COVID-19 pandemic has led to a decrease in Marketing-created pipeline of leads, and most also say the pandemic has led to a decrease in their marketing budget, according to recent research from Demand Spring.

The report was based on data from a survey conducted in late 2020 among 72 B2B marketers in North America.

Some 30% of B2B marketers say the pandemic has decreased their marketing-created pipeline by less than 20%, and 28% of B2B marketers say the pandemic has decreased their pipeline by more than 20%.

Just over one in five (21%) of B2B marketers say their marketing-created pipeline has increased because of the pandemic, and the same proportion say there has been no change.

COVID-19's impact on marketing budgets

Some 55% of B2B marketers say the pandemic has decreased their marketing budget, 18% say it has increased their budget, and 27% say there has been no change.

COVID-19's impact on live events

Some 78% of B2B marketers say they have replaced live events with webinars during the pandemic, and 68% say they have replaced live events with virtual events.

About the research: The report was based on data from a survey conducted in late 2020 among 72 B2B marketers in North America.

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ABOUT THE AUTHOR

image of Ayaz Nanji

Ayaz Nanji is a digital strategist and a co-founder of ICW Media, a marketing agency specializing in content and social media services for tech firms. He is also a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, AOL, and the New York Times.

LinkedIn: Ayaz Nanji

Twitter: @ayaznanji