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KITCHENER, Ontario--(BUSINESS WIRE)--The easing of pandemic-related constraints on in-person meetings and events did not slow rapid growth in the use of video for sales, marketing and other business communications, according to the fifth annual Video in Business Benchmark Report from Vidyard. The report, which analyzed primary data from more than 1,350,000 videos published by more than 2,000 businesses during 2021, showed an extraordinary 178% increase in video creation compared to the same period in 2020. In addition, the report found that 80% of all videos created were user-generated versus 60% in 2020.
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By the end of April, most of the listed retail companies in China have published their 2016 annual earnings reports. Deloitte research analysed their financial performances based on the different business formats these retailers are in. According to the performance reviews, gross revenue growth has stabilized but more than half of the listed companies have experienced profit decline. In order to achieve business upgrade and transformation and to obtain new engines of growth, retail companies are focusing on online and offline integration, format innovation, cross-border integration and so on. Different transformation strategies may lead to further differentiation among retailers.
In March and April 2023, the BBFAW conducted a pilot assessment of 150 companies against the new 2022 benchmark criteria. Instead of the usual public BBFAW report, this briefing paper summarises methodological findings from the BBFAW 2022 pilot benchmark and includes case study examples of company reporting. The briefing also confirms the assessment approach for the BBFAW 2023 assessments, which are scheduled to take place in October to December 2023. 5376163bf9
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