COVID-19 continues to remind us that change is the only constant in life. If you’re feeling overwhelmed by the sheer amount of information as you try to make data-driven decisions in a crisis, we’re here to help—starting with this curated list of data resources as you seek to get ahead of the latest trends.
We’ve grouped these resource hubs by type, combining a diverse mix of free and paid resources. As with everything pandemic-related, this information continues to change daily and sometimes even hourly. If any of our recommended tools and platforms change significantly, we’ll let you know!
Even with this curated list of resources, data fatigue remains a distinct possibility. For that reason, we’ve created a basic framework to help you more effectively access, interpret, and use the torrent of data at your digital fingertips. This is your handy A-list guide to leveraging data during a crisis.
Okay, so we’ve already taken a step here through the resources above. This can be perceived to be both the easiest step (i.e. there’s data everywhere you look these days) and hardest step because, well… there’s data everywhere you look these days! Our curated list gives you a head start with a broad range of focused resources when looking for anything from social conversation to industry or vertical trends to even macroeconomics.
Assessing the inputs you’ve gathered requires some back-to-basics techniques, including, very simply, “Is this making sense?” Our gut instinct when reading through the barrage of reports can help us understand when to abandon a particular avenue or engage in further research. As humans and consumers in our own right, we know what feels “right” or, in this instance, “correct”. We should trust these feelings.
Is something nagging at us as we read through the research or sit through webinars presenting this data? Pay attention to that and dig in more. You’ll likely quickly find that you can trust or dismiss the data based on these feelings.
Part of this assessment means there are also times when you’ll have to think about expanding your normal framework of reference for thinking about consumers in this new normal. You may have new target groups emerging to think about as consumers lives have been wholly interrupted and there are changed social dynamics with people sheltering in place. Look to your data and don’t dismiss these potentially changing trends that you are seeing.
Action can be passive or intentional—and it can be intentional to *not* act on something. At the end of the day, we work in an industry where simply getting back to the basics and executing on them well will help provide consumers with the help they seek as they are seeking it, as well as helping brands maintain balance and work in a customer-first mentality.
Just as in real life, when tough times happen, you know who you can count on. Consumers will remember the brands that helped them through this: the businesses that didn’t focus exclusively on their bottom line but instead focused on the very real human impact this virus is having on our society at large.
What good is data without the insight into what it all means? Here, we advise that you take a step back. A big one. You’ve assembled the data, assessed it, acted (or not) on it, and now it’s time to put our combined mindshare to task to anticipate and think through all scenarios—good and bad. Don’t get caught up in the minutiae. Think towards the broad truths of the most likely future, specifically the ways in which you can prepare for the post-pandemic consumer in your specific market.
At the end of the day—pandemic or not—we know that it’s the brands that put people first that will be the winners when we come through this. And isn’t that the way it should always be? It all starts with a structured approach to truly understand what your data is telling you. We’re here to help.