Horizon Media Study: Pandemic Giving Rise To A Great Rebuilding Driven By Both Brands And Individuals

NEW YORK, Aug. 4, 2021 /PRNewswire/ -- If 2008 gave us the Great Recession, 2021 is bringing about a Great Rebuilding, according to newly released report from Horizon Media, the largest U.S. media agency according to AdAge Data Center 2021.

Horizon Media's report, "Rebuilding the Future, explores the top trends shaping 2021 and beyond, and related implications for marketers and brands. Among Horizon's findings: Seven in 10 Americans believe brands have an obligation to invest funds and related resources in the communities they serve. 

"The Great Rebuilding now underway is being defined by resilience, ingenuity, and responsibility to not just restore our reality as it once was, but rebuild it as something better," says Kirk Olson, SVP of Cultural Intelligence at Horizon Media. "Ironically, a pandemic that left so many of us feeling powerless has reminded us of the power we have to collectively effect change."

Horizon Media's research and analysis was conducted by The Why Group's Cultural Intelligence unit, which is charged with decoding and converting shifts in the global zeitgeist into business opportunities for Horizon clients. The biannual report identified seven trends guiding The Great Rebuilding of 2021:

The Free Agency Imperative

• With workplaces upended and unemployment still above pre-pandemic levels, people are increasingly forging their owns paths to financial resiliency – a trend likely to permanently change the nature of work and the workforce.
• Meanwhile, workers are acting in the present. The study found that 35% of U.S. adults say they've made additional income via side jobs during the pandemic.
• Self-reliance and an entrepreneurial spirit will increasingly become commonplace. Nearly two thirds (64%) of U.S. adults – including the vast majority of 18-34-year-olds (81%) – expect more people will work for themselves in the future.

The Emerging Eco-currency

• Now that climate change has been labeled a crisis, people and brands are urgently taking action to protect the planet. The emergence of this eco-currency will increasingly affect both brand valuations and perceptions, and how people spend.
• In Horizon Media's survey, nearly seven in 10 U.S. adults agreed with the statement: "It's a personal mission to reduce my own carbon footprint."
• Intent to do better for the planet is significantly transforming intent to buy. More than six in 10 Americans (61%) say the use of sustainable production methods is just as important as price in their buying decisions.

The On-Demand Economy

• More than a year in semi-lockdown has upped the ante when it comes to consumer expectations for immediacy, control and ease. They want everything in a matter of seconds, if not micro-seconds.
• Entertainment is increasingly immediate and personalized. More than half of U.S. adults (55%) say they watch most of their TV on digital platforms, such as streaming services, up six percentage points from November 2020.
• Consumers also want fast and frictionless shopping. Horizon found that 59% of American expect the checkout counter to disappear in the near future, where they'll automatically be charged for what they've bought as they walk out the door.

The Self-Care Revolution

• Self-care is the mantra of the moment. Worrying about a world pandemic has refocused people on the equal and simultaneous importance of personal wellbeing, with a sharp focus on and a greater willingness to openly address mental health.
• According to the study, 91% of Americans say emotional health is just as important as their physical health, up a staggering 18 percentage points from October 2020.
• Taking stock of relationships is a key part of the process. Nearly one in two Americans (47%) say they've recently let go of unhealthy relationships to preserve their mental health.

Wholesomely Human

• Humanization as medicine is new territory for brands to make real, lasting connections.
• Torn apart by a pandemic and societal division, people are recharging themselves with media that captures the warmth of ordinary human connection, often shared online in the forms of wholesome and relatable memes.
• Nine in 10 (88%) Americans believe the best way to bridge societal division is to refocus on empathy and acts of kindness, while 62% seek "feel-good content online" to lift their spirits when feeling down.

Collective Consumerism

• Purpose has become a partnership. Once on separate tracks, individuals and brands are now working together to remedy threats to communities – from relieving poverty and homelessness to addressing racial inequality.
• People increasingly feel good about doing their part in this shared mission. More than six in 10 (64%) agree that "contributing to the fundamental needs of others by donating money or resources makes me feel whole."
• The vast majority of people also expect brands to do their part. According to Horizon Media's report, fully 71% of Americans say brands have an obligation to allocate funds and resources to the communities they serve.

United States of Affinity

• Societal division and social isolation reinforced Americans' group identities rooted in difference; now, the human need to find social cohesion in what unites us has been newly awakened.
• With people seeking enhanced feelings of connection as a counterbalance to division, brands are well advised to brush up on their affinity-marketing toolkits.
• Social media can be a unifying force. Four in 10 U.S. adults – including 60% of 18-34-year-olds – believe social media strengthens their personal connections. Some 53% say engaging with online communities that share their interests boosts their self-confidence.

Horizon Media's multi-modal research and analysis -- backed by survey, social, and observational techniques -- was conducted in May and June 2021. Click here for a full copy of the report.

About Horizon Media
Horizon Media, Inc, the largest U.S. media agency according to AdAge, delivers data-driven business outcomes for some of the world's most innovative and ambitious brands.  Founded in 1989, headquartered in New York, and with offices in Los Angeles and Toronto, the company employs 2,400 people and has media investments of more than $9 billion.  Horizon Media's fundamental belief is that business is personal, which drives its approach to connecting brands with their customers and engaging with its own employees resulting in industry-leading workplace satisfaction levels (Glassdoor).  The company is consistently recognized by independent media outlets for its client excellence and has earned several "Best Workplaces" awards reflecting its commitment to DEI and the life and well-being of everyone at Horizon Media.

SOURCE Horizon Media

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