71%
71% -- marketing budget reduction rate for SEA brands (2020-04)
71% of surveyed respondents in SEA reported that brands are reducing marketing budgets to avoid association with COVID-19 related content.
- Budget cuts ranged from a complete halt to up to 80% budget cuts
- Specifically aimed at avoiding running ads across coronavirus-related content
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Silverpush survey of 150+ agency heads, media business leads, and brand marketers in Southeast Asia, April 2020. Budget reductions ranged from a complete halt of marketing spend to cuts of up to 80%, driven by brand safety concerns around coronavirus-related content.
<blockquote cite="https://lighthousedata.io/data/sea-brands-reducing-budgets-brand-safety-covid19" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>71%</strong> -- marketing budget reduction rate for SEA brands<br><small>Source: Silverpush (2020-04) · <a href="https://lighthousedata.io/data/sea-brands-reducing-budgets-brand-safety-covid19" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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