Businesses increase spending on communications software. 
 
 





B2B
 
This month, we're bringing you exclusive B2B-related insights, along with the inaugural edition of our Office Pulse Exclusive Interview series featuring conversations with influential business professionals.

What makes Captivate's CEO optimistic about 2021? Keep reading to find out! 
 
 
 
Captivate CEO Marc Kidd On The Impact Of COVID-19 

In the inaugural edition our Office Pulse Exclusive Interview series, Captivate CEO Marc Kidd shares how Covid-19 is pushing innovation and expansion at Captivate, and how brands can accelerate growth beyond their recovery goals during uncertain times.


OP: How has the pandemic changed how you will do business moving forward?

Marc Kidd: Like most businesses, Covid-19 significantly shifted our business in a way we could have never expected, but it also established a new level of innovation and commitment from our company. It reinforced our brand promise to keep our audience up to date with the latest news, information and a sense of community while also creating necessary avenues to address the new normal.


We developed two new wellness products – Captivate | SCAN and Captivate | CLEAN – to meet the health and safety needs of buildings and businesses. We also created a Work, Live, Play strategy – now targeting valuable audiences at home, at the point of care and on the golf course. Finally, we’re transitioning our content delivery to the cloud with enhanced programmatic and attribution partnerships.

 

OP: What is the overall outlook for Captivate in the next 12 months?


Marc Kidd: We expect Covid-19 to be with us into the first half of 2021. During that time, we remain bullish on our expansion and partnership efforts to excel the company to new heights. We intend to reach these goals as it becomes safe to return to offices nationwide and our ability to reach audiences at various points of their daily life expands via new products, partnerships and compelling content in Captivating locations. 


OP: What do you think the pandemic's impact will be on advertising in the next 12 months?


Marc Kidd: Covid-19 will have a lingering effect on the advertising industry and venues where advertising is most impactful until people feel safe and can return to a cadence of modern life. The most optimistic predictions put a vaccination at scale in the first half of 2021, which could give the public the confidence they need to return to a new normal.  In the meantime, brands who maintain a share-of-voice during times of uncertainty and economic downturn such as Covid-19, tend to accelerate beyond their recovery and growth goals.  While we have seen the Captivate audience quantity impacted by government lockdowns, we have not seen an impact on the quality of our audience – such as senior leaders and essential workers who remain in office buildings and workplaces during this time. 


 
 

 

The pandemic has pushed many companies to rethink spending. Business decision makers say their company is spending the same or more on technology, communications software, and cybersecurity.  

            

      




COVID-19 Impact on Personnel Needs

 

Many businesses continue to thrive despite these economically turbulent times. A quarter of business decision makers say they are looking to hire additional personnel in the next 12 months. 



 

 

The majority of business decision makers believe COVID-19 restrictions and the economy will be the biggest challenges in 2021. 

      


 

The number of businesses professionals working at the office has more than tripled since April.


 
 
 

Business decision makers are visiting the office more frequently. Half have worked in or visited the office in the last month and nearly 2 in 3 are working from the office 3+ days per week.


 
 
 
Confidence in personal business continues to increase. 

Business Confidence: How confident are you with the current state of your business? [Average score based on a 1-10 scale with 10 being the highest confidence]

Job Security: How confident do you feel about your job security? [Average score based on a 1-10 scale with 10 being the highest confidence]

Business climate: Do you feel the business climate is getting better? [Average score based on a 1-10 scale with 10 being “Getting Better”]

 
 
 

Confidence in the overall business climate is increasing among professionals in the finance and tech industries. 



 

Business climate: Do you feel the business climate is getting better? [Average score based on a 1-10 scale with 10 being “Getting Better”]

 
 

About Us






Captivate Office Pulse research offers marketers timely insights from a proprietary panel of business professionals, managed by our partners at Alida. The Office Pulse panel of more than 8,000 influential consumers and business decision makers includes C-level executives, millennials, middle management, small business owners, working women and working moms.

 
 
 

Contact Us






Kavita Chan
Research Director
Kchan@captivate.com

 
 

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