Brittle consumer confidence, uncertainty over Brexit and relatively weak GDP and productivity growth in the UK means there is pressure to be more frugal and more accountable in proving the effectiveness of marketing activity, regardless of the size of your budget.
Having to do more with less is therefore becoming increasingly common.
Turning to the audience at a recent event held by The Marketing Society, its president and Diageo CMO Syl Saller asked if this was a familiar situation. The majorit
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John Lewis and Diageo on how budget cuts can create opportunities
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Bacardi restructures marketing to ‘bring accountability closer to the front line’
Bacardi’s new global CMO John Burke is restructuring the drinks giant’s marketing department to “drive accountability as low as we can go” in order to foster more responsive marketing.
At an event on Thursday (8 February) Burke told Marketing Week: “We’re driving accountability as low as we can go, as close to the front line as possible, so we can create a really really responsive marketing organisation that can make real change.”
He added: “We are -
The folly of initial consideration and the myth of the loyalty loop
via warc.comBrands enter people’s lives through myriad touchpoints, all of which contribute to building a bias toward the brand in the consumer’s mind – in other words, hooking them early. Here Chris Worrell of Wavemaker looks at the... -
Uber, Google, Snapchat: Everything that matters this morning
Uber lost $4.5bn in 2017
Ride hailing app Uber lost a whopping $4.5bn (£3.2bn) over the course of 2017, according to its latest financial figures, in a year when it was beset by scandal, including accusations of sexual discrimination, the departure of founder Travis Kalanick as CEO, and the removal of its licence to operate in London. The loss represents a 61% increase on the previous year.
It wasn’t all bad news for the brand, as the company managed to increase sales to $7.5bn. Sur -
Premier League, Norwegian, BBC: Everything that matters this morning
Sky and BT Sport splash £4.5bn to secure Premier League rights
Sky and BT Sport have agreed to pay £4.46bn to broadcast Premier League matches for three seasons from 2019-2020 onwards.
The rival broadcasters secured five of seven live packages with bidding for the remaining midweek and bank holiday fixtures still ongoing. Streaming giants Amazon, Facebook, Twitter and Netflix are all thought to be in contention.
The new deal sees Sky Sports pay £3.58bn to broadcast 128 games pe -
Nestlé, Facebook, Burberry: Everything that matters this morning
EU says Facebook and Twitter aren’t doing enough to protect users
The EU has warned Facebook and Twitter that they aren’t doing enough to protect their users.
According to reports Europe’s justice commissioner, Vera Jourova, told the two social media giants they need to do more to bring their user terms in line with EU law while praising Google for attempting to comply with the rules.
Google recently implemented a deadline for meeting requests such as removing illegal content o -
Lloyds, Sports Direct, Amazon: Everything that matters this morning
Lloyds becomes first major company to set ethnic diversity standards
Lloyds Bank has become the first company in the FTSE 100 to set standards for the proportion of staff from black, Asian or ethnic minority backgrounds at senior management level. The company is aiming for 8% to be from BAME backgrounds by 2020. It also aims to increase the proportion of non-white staff to 10% of its total workforce over the same period.
Lloyds says 8.3% of its 75,000 staff and 5.6% of 7,500 senior managers are -
Aldi, Tesco, Nike: Everything that matters this morning
Aldi beats Waitrose to become UK’s favourite supermarket
Aldi has unseated Waitrose as the nation’s favourite supermarket, according to the results of Which?’s annual survey. Shoppers heralded the German discount chain for its cheap deals and fresh produce.The results, published today, saw Waitrose drop to fourth position despite topping the survey as the best supermarket for the past three years. The consumer watchdog questioned 6,800 UK shoppers about their grocery shopping e -
The dos and don’ts of sponsoring women’s sports
SSE was keen to embrace the opportunities of women’s football early with its sponsorship of the Women’s FA Cup.For brands with the vision and confidence to explore the women’s sports sponsorship market there are lessons to be learnt from those who have gone before.
O2’s head of sponsorship Gareth Griffiths advises brands to do their research in order to understand what benefits their customers will get from any partnership, rather than worrying about broadcast figures.
& -
Unilever threatens to pull ad spend from platforms that ‘breed division’
Unilever’s marketing boss Keith Weed is threatening to pull investment from platforms that “breed division” or fail to protect children from toxic content, and is calling on the digital media industry to “overhaul its behaviour” or risk losing the trust of both consumers and brands.
In a speech he is set to give this afternoon (12 February) at the IAB’s annual conference in California, US, Weed will make a promise that Unilever “will not invest in platfo -
Tobaccowala sees growth in direct-brand economy
via warc.comNEW YORK: Many brands are taking back control of their digital destinies through selling products directly to consumers, a move Rishad Tobaccowala, Chief Growth Officer at Publicis Groupe, believes will have several important consequences. ... -
Telefónica eyes LatAm with original content strategy
via warc.comMADRID: Traditional Spanish telco Telefónica has announced a push into Latin America with its Movistar+ original content platform and the launch of the most expensive Spanish series ever made.La Peste, a thriller set... -
Marketers need to get better at researching Hispanic consumers
via warc.comATLANTA: While brands can see there are profits to be made in appealing to the fast-growing Hispanic community in the US, marketers and research firms have been slow to implement effective, research-based targeting, according to an industry figure. ... -
Indonesia is a 'land of hope' in 2018
via warc.comJAKARTA: Indonesia’s marketing community has many reasons to feel optimistic in 2018 with rise of mobile customer experience, video content and chatbots emerging as key areas for brands, according to a senior agency executive.According to... -
In-game, e-sports advertising grows up
via warc.comSANTA MONICA, CA: Video-game publisher Activision Blizzard has seen higher than expected profits as opportunities grow following investment in e-sports and in-game advertising.Activision Blizzard, which owns some of gaming’s biggest titles... -
Digital advertisers can make more of brand metrics
via warc.comLONDON: Marketers need to adopt a different approach to measuring digital marketing effectiveness, according to a new report which makes the case for a Return on Brand Impact (ROBI) metric. -
Brands battle geography and weather in Korea
via warc.comPYEONGCHANG: As the Winter Olympics start, participating brands appear less worried about potential security issues in Korea than the challenges posed by geography and the weather.“There is a big concern about [the] Games venue: it is far... -
BBDO leads Gunn 100
via warc.comGLOBAL: BBDO agencies dominate the league tables in the Gunn 100, a ranking of the top 100 creatively awarded advertising ideas of 2017 and the companies behind them.The rankings, compiled by Gunn Report, analyse the results of more than 40 of the...
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