Sales & Marketing news

• Amazon is spiking ahead of earnings (AMZN)

  25-10-2018 20:45 via feedproxy.google.com
  Amazon is set to report its third-quarter earnings after Thursday's closing bell.
  Shares were up about 7% ahead of the results.
  The tech giant announced earlier this month plans to raise the minimum wage for US and UK employees, but Wall Street has mixed opinions on the pay hike.
  Watch Amazon trade in real time here.Amazon shares spiked Thursday, up 6.7%, ahead of its third-quarter earnings report, which was due after the closing bell. The rally came amid broader st
  
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• The US's biggest mall operator says the mall of the future 'doesn't need department stores' (SPG)

  25-10-2018 19:35 via feedproxy.google.com
  Simon Property Group, the biggest US mall operator, has been under pressure in recent years due to the rise of e-commerce.
  Sears, once America's most iconic retailer — which has numerous stores in Simon Property Group's malls, recently filed for bankruptcy.
  CEO David Simon said the department store closures are good for the whole industry and the mall of the future doesn't need big-box department stores.
  Watch Simon Property Group trade live here.
  Simon Property Gr
  
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• Bed Bath & Beyond's stores have been slammed as 'devoid of inspiration' and 'a mess.' We went shopping there and found it completely overwhelming. (BBBY)

  25-10-2018 19:30 via feedproxy.google.com
  Bed Bath & Beyond is struggling to keep up with its competition. 
  Credit-ratings agency Standard & Poor lowered its rating on Bed Bath & Beyond on Thursday. 
  We visited a Bed Bath & Beyond store in Manhattan earlier this year and found that while the amount of merchandise for sale was overwhelming, it was very clean and well organized overall. It also offered a lenient return policy.Bed Bath & Beyond is struggling to keep up with its competition. 
  On Thursday,
  
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• Tech stocks are soaring as Microsoft and Tesla deliver big beats

  25-10-2018 18:43 via feedproxy.google.com
  Stocks were racing higher Thursday, with the tech-heavy Nasdaq leading the way.
  Strong corporate earnings provided support.
  On Wednesday, the major averages wiped out their gains for the year.US stocks made a comeback Thursday, the day after the major averages wiped out their gains for the year. Buoyed by solid corporate earnings, Thursday's advance has traders putting worries about rising interest rates and the prospect of a slowdown in global economic growth on the back burner — at least
  
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• Trump's trade war with China is starting to get nasty for US companies

  25-10-2018 18:13 via feedproxy.google.com
  President Donald Trump's full-on trade war with China has dragged on for nearly four month,s and American businesses are starting to really feel the pain.
  Surveys from Markit and the Federal Reserve showed increasing costs for businesses that are in some cases being passed on to consumers due to Trump's tariffs.
  Additionally, major companies like Tesla, 3M, Ford, and Harley-Davidson are feeling the burn and expect millions of dollars in costs from the tariffs.As President Donald Trump's trade wa
  
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• Don't be distracted by Tesla's surprise profit — all that matters is how much money the company is bringing in (TSLA)

  25-10-2018 17:12 via feedproxy.google.com
  Tesla posted an impressive third-quarter profit on Wednesday, but the company's topline revenue was even more stunning.
  The ocean of money flowing toward Tesla is far more important than whether it makes or loses money on a quarterly basis.
  As Tesla grows, questions could arise over its monopoly status and use of pricing power.On Wednesday, Tesla posted a big quarterly profit, its first since 2016 and a fulfillment of CEO Elon Musk's prophecy that the carmaker would enter the black in 2018.
  The
  
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• Mark Ritson: Broadcasters must join forces to beat Amazon and Netflix

  25-10-2018 17:00
  From the moment she was appointed, the word on the street about Carolyn McCall has been positive. The new chief executive of ITV was formerly the boss of easyJet, and her status not just as a senior media executive (previously CEO of Guardian Media Group) but a business leader of proper heft and experience meant expectations ran high from the minute she started the job in January.
  And the signals have been good ever since. Everyone, and I mean everyone, rates her highly. Her desire to develop a
  
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• Elon Musk says Tesla will 'obviously' take on rivals Uber and Lyft with its own ride-hailing service

  25-10-2018 16:41 via feedproxy.google.com
  Elon Musk on Wednesday said that Tesla is "obviously" making moves for its own rideshare service that would compete with companies like Uber and Lyft.
  Musk says the service should launch by the end of 2019. It will let customers loan out their cars to users, as well as include a fleet of self-driving cars that can pick up passengers.
  The comments were made when Musk was sharing updates on Tesla's third-quarter earnings, which showed a surprising profit.Elon Musk again hinted at an upcoming rides
  
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• 'Tesla may have crossed the line to become self-funding': Here's what Wall Street is saying about Tesla's surprise profit (TSLA)

  25-10-2018 16:09 via feedproxy.google.com
  Tesla on Wednesday posted a surprise third-quarter profit thanks to strong revenue generated by its Model 3 sedan.
  The electric-car maker earned $2.90 a share, well above the $0.15 loss expected by Wall Street analysts. It generated $6.8 billion in sales, beating the $6.3 billion that was anticipated.
  The Model 3 sedan was a huge driver for the quarter.
  "Q3 2018 was a truly historic quarter for Tesla," the company said in a press release. "Model 3 was the best-selling car in the US in terms of
  
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• Swelling oil inventories could be driving the market toward oversupply, OPEC says

  25-10-2018 15:35 via feedproxy.google.com
  OPEC said the oil market could be approaching oversupply.
  US sanctions against Iranian oil take effect at the beginning of November. 
  Watch oil trade in real time here.Less than two weeks before US sanctions against Iran kick in, OPEC said the oil market could shift toward a surplus and signaled it would adjust output accordingly if that were the case.Saudi OPEC governor Adeeb Al-Aama told Reuters on Thursday the market in the fourth quarter could be approaching "an oversupply situation." R
  
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• 'We remain on the sidelines': Here's what investing experts say you should do about the market's vicious turbulence

  25-10-2018 15:33 via feedproxy.google.com
  US stocks erased their gains for the year on Wednesday. 
  The sell-off added another bout of volatility to what has been a vicious month for the market. 
  We've rounded up insights from some of Wall Street's top firms, and actionable ideas that traders can use to ride this wave of volatility.Wednesday was an ugly day for US stocks.
  Not only did the S&P 500 erase all of its gains for the year, the tech-heavy Nasdaq logged its worst single-day performance since 2011. This happened
  
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• 'We remain on the sidelines': Here’s what Wall Street is saying about the market's vicious turbulence — and what you should do about it

  25-10-2018 15:33 via feedproxy.google.com
  US stocks erased their gains for the year on Wednesday. 
  The sell-off added another bout of volatility to what has been a vicious month for the market. 
  We've rounded up insights from some of Wall Street's top firms, and actionable ideas that traders can use to ride this wave of volatility.Wednesday was an ugly day for US stocks.
  Not only did the S&P 500 erase all of its gains for the year, the tech-heavy Nasdaq logged its worst single-day performance since 2011. This happened
  
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• Help us create the industry’s most in-depth census of marketing careers and salaries

  25-10-2018 15:27
  Are you paid fairly? Which is the best sector to work in? Is flexible working really a top priority for the industry? Has the gender pay gap improved? What route do people take to become a marketer?
  These are just some of the questions we are looking to answer in the annual Marketing Week Careers and Salary Survey and we need your help to do it.
  Please take 10 minutes to fill out the survey and help us create the industry’s most in-depth census of marketing careers and salaries.
  With your
  
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• ALBERT EDWARDS: Investors are ignoring the 'most underrated risk' in markets, one that could spark an imminent blowup

  25-10-2018 15:27 via feedproxy.google.com
  Societe Generale's notoriously bearish strategist Albert Edwards says investors are ignoring the "most underrated risk" in markets.
  Edwards says that no one seems to be expecting a hard landing in China but that the risk is much higher than most people believe.
  You just need to look carefully at the data to see how troubled China looks.China's slowing economy is being overlooked by investors worldwide as the potential source of a major global economic bust in the near future, according to one of
  
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• ALBERT EDWARDS: Investors are ignoring the 'most underrated risk' in markets — one that could spark an imminent blow-up

  25-10-2018 15:27 via feedproxy.google.com
  Societe Generale's notoriously bearish strategist Albert Edwards says that investors are ignoring the "most underrated risk" in markets right now.
  Edwarsds says no one seems to be expecting a hard landing in China, but the risk is much higher than most people believe.
  You just need to look carefully at the data to see how troubled China looks.China's slowing economy is being overlooked by investors worldwide as the potential source of a major global economic bust in the near future, according to
  
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• Elon Musk says Tesla's plan to not raise more cash 'may change' (TSLA)

  25-10-2018 15:24 via feedproxy.google.com
  Tesla CEO Elon Musk has been adamant in his goal to not raise more capital.
  "I specifically don't want to," he said earlier this year in regards to new debt or equity rounds. 
  His tone changed dramatically on Tesla's third-quarter conference all Wednesday, when he said the plan "may change."
  Tesla is set to open up nearly 10% Thursday morning. Follow the stock in real-time here. Elon Musk appeared to soften his previous tone regarding tapping fresh capital on Tesla’s third-quarte
  
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• Former Fed Chair Janet Yellen just joined the chorus of warnings about $1.6 trillion 'leveraged loan' market

  25-10-2018 15:18 via feedproxy.google.com
  Former Fed chair Janet Yellen told the Financial Times she is concerned about increasingly lax standards in the market, now valued at about $1.6 trillion. 
  "I am worried about the systemic risks associated with these loans," she said.
  After Trump took office, his appointees told the banking sector that they were going to be less strict about loan leverage.
  Former Federal Reserve chair Janet Yellen said she is concerned about increasingly lax standards in the market for leveraged l
  
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• Microsoft is gaining ground after earnings (MSFT)

  25-10-2018 14:21 via feedproxy.google.com
  Microsoft beat on both the top and bottom lines.
  The tech giant said sales growth at its Azure cloud-computing unit slowed.
  Shares were up almost 5% on Thursday.
  Watch Microsoft trade live here.Microsoft was rallying Thursday, up almost 5%, after reporting fiscal first-quarter results that topped Wall Street estimates but included a slowdown in revenue growth from its cloud-computing unit.
  The tech giant said it earned $1.14 a share on revenue of $29.1 billion, beating both the $0.95 and $27.92
  
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• Tesla is soaring after crushing earnings (TSLA)

  25-10-2018 13:50 via feedproxy.google.com
  Tesla reported a surprise third-quarter profit on Wednesday.
  The electric-car maker said the Model 3 sedan was the "best-selling car in the US in terms of revenue."
  Tesla shares were up 9% early Thursday.
  Watch Tesla trade live here.Tesla was was soaring early Thursday, up 9%, after reporting third-quarter results that blew past Wall Street estimates in what the company described as a "truly historic" quarter. Shares of the electric-car maker were up more than 10%, trading at their highest level
  
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• European Central Bank leaves rates on hold in another surprise-free decision

  25-10-2018 13:46 via feedproxy.google.com
  European Central Bank leaves monetary policy entirely unchanged at the September meeting of its governing council.
  Base deposit rate stays at -0.4%, and will remain there until at least next summer, the ECB said.
  It continues to expect to end its quantitative easing programme by the end of 2018, having tapered purchases from €30 billion per month to €15 billion per month.The European Central Bank on Thursday left monetary policy in the eurozone unchanged once again, as had been widely
  
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• Comcast beats, adds more internet subscribers than expected (CMCSA)

  25-10-2018 13:18 via feedproxy.google.com
  Comcast beat on both the top and bottom lines.
  The company added 363,000 internet subscribers, well ahead of expectations.
  Watch Comcast trade live here.(Reuters) - Comcast Corp's quarterly profit and revenue topped Wall Street estimates on Thursday as it attracted more customers to its high-speed internet connections, offsetting a drop in cable TV subscribers that was also less severe than expected.
  The show of continued momentum in the third quarter comes after the media conglomerate beat Rupe
  
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• Facebook receives maximum fine over Cambridge Analytica scandal

  25-10-2018 13:07
  Facebook has been fined £500,000 by the UK’s data protection watchdog over its role in the Cambridge Analytica data scandal.
  The Information Commissioner’s Office called the incident a “serious breach of data protection law” and issued Facebook with the maximum fine allowed. The incident took place under old data protection rules; had the new GDPR laws come into effect the fine could have been substantially higher as the ICO is now able to fine companies £17m
  
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• 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, FB, TSLA, AMD, MSFT)

  25-10-2018 12:48 via feedproxy.google.com
  Here is what you need to know. 
  Stocks go negative for the year. The Dow Jones industrial average plunged more than 600 points on Wendesday, sending it into negative territory for the year. It's on track to open higher by 200 points on Thursday. 
  New home sales dropped sharply in September. New home sales in the US fell 5.5% in September, making for the fourth straight monthly decline, according to data released Wednesday by the Commerce Department. 
  Medicaid enrollment didn'
  
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• McDonald's is debuting a new $6 meal deal that represents one of the chain's 'most aggressive' weapons in the battle for budget shoppers yet (MCD)

  25-10-2018 12:15 via feedproxy.google.com
  McDonald's is debuting the $6 Classic Meal Deal on November 1, McDonald's executives confirmed to Business Insider. 
  For $6, customers can buy one entrée, a small fry, a drink or sweet tea of any size, and an apple or seasonal pie.
  The $6 Meal Deal "enables us to attract different customer segments, ultimately driving traffic into our restaurants while protecting margin," McDonald's US chief marketing officer Morgan Flatley said. 
  The deal represents McDonald's "most aggres
  
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• People-first content engages new audiences

  25-10-2018 12:00 via warc.com
  Vizeum Australia’s Aliya Hasan writes that good content can become even more effective when it champions a consumer perspective as well as being clearly aligned to a brand or product truth.
  
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• US stocks are signalling a rebound after Wednesday's Wall Street bloodbath

  25-10-2018 10:12 via feedproxy.google.com
  Global markets look to bounce back as European indexes gain ground, and US futures point to a positive open.
  Dow Jones and S&P 500 futures are suggesting a 0.7% gain for both respective indexes, while the Nasdaq is set to bounce more than 1.2%.
  Italy's FTSE MIB leads the way in Europe, higher by more than 1%.
  The rebound comes after a Wall Street bloodbath on Wednesday, which saw the Nasdaq lose more than 4%, and the Dow Jones drop more than 600 points
  Asia could not escape influence fr
  
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• US futures point to a rebound after Wednesday's Wall Street bloodbath

  25-10-2018 10:12 via feedproxy.google.com
  Global markets look to bounce back as European indexes gain ground, and US futures point to a positive open.
  Dow Jones and S&P 500 futures are suggesting a 0.7% gain for both respective indexes, while the Nasdaq is set to bounce more than 1.2%.
  Italy's FTSE MIB leads the way in Europe, higher by more than 1%.
  The rebound comes after a Wall Street bloodbath on Wednesday, which saw the Nasdaq lose more than 4%, and the Dow Jones drop more than 600 points
  Asia could not escape influence fr
  
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• How universities are trying to balance theory with practice to better prepare budding marketers

  25-10-2018 08:00
  Students in a lecture at the University of Bath School of Management.Do marketing degrees provide students with the right balance of theory and real-world practice to enable them to hit the ground running? It’s a topic often debated and one which was raised again this summer by a number of senior marketers who suggested existing courses are not fit for purpose.
  Facebook’s global CMO Antonio Lucio (speaking while still CMO of HP) questioned whether marketing will be able to recru
  
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• How universities are combining theory with practice to better prepare budding marketers

  25-10-2018 08:00
  Students in a lecture at the University of Bath School of Management.Do marketing degrees provide students with the right balance of theory and real-world practice to enable them to hit the ground running? It’s a topic often debated and one which was raised again this summer by a number of senior marketers who suggested existing courses are not fit for purpose.
  Facebook’s global CMO Antonio Lucio (speaking while still CMO of HP) questioned whether marketing will be able to recru
  
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• Are marketing degrees up to scratch?

  25-10-2018 08:00
  What does it take to get a foot in the door as a young marketer in 2018?
  It may be surprising to some, but having a marketing degree is by no means essential if you want to be taken seriously by CMOs. In fact, the perception that such degrees are too theoretical and not rooted enough in marketing practice has some brands questioning whether they are fit for purpose.
  Santander CMO Keith Moor believes that in general degrees put too much emphasis on theory.
  “Anybody can read a book, but it
  
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• BAML: There are 2 different $3 trillion risks hanging over markets — but there's only one that should really scare investors

  25-10-2018 07:04 via feedproxy.google.com
  According to strategists at Bank of America Merrill Lynch, two $3 trillion risks hang over markets right now — Italian sovereign debt and US corporate debt.
  Both have been assigned credit ratings of BBB or equivalent, the lowest tier of investment grade, and a notch above junk. 
  BAML breaks down why one risk is far more acute than the other.There are two huge risks facing investors right now, each with about $3 trillion at stake.
  But one is a whole lot more troubling than the other,&n
  
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• BAML: 2 different $3 trillion risks are hanging over markets, but only one should really scare investors

  25-10-2018 07:04 via feedproxy.google.com
  According to strategists at Bank of America Merrill Lynch, two $3 trillion risks hang over markets right now: Italian sovereign debt and US corporate debt.
  Both have been assigned credit ratings of BBB or equivalent, the lowest tier of investment grade and just one notch above junk.
  BAML breaks down why it sees one risk as far more acute than the other.Investors are facing two huge risks, each with about $3 trillion at stake.
  But one is a whole lot more troubling than the other, according to res
  
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• Investors love Amazon's cloud and advertising efforts, but it could have just gotten a big boost from an older business (AMZN)

  25-10-2018 03:25 via feedproxy.google.com
  Amazon is set to report its third-quarter results on Thursday.
  Wall Street is expecting standout earnings and significant sales growth.
  Although many analysts are focused on the company's fast-growing advertising and cloud businesses, its e-commerce business might boost its results, thanks in part to booming business on Prime Day.Analysts and investors generally love Amazon for its fast-growing and super-profitable cloud-computing and advertising businesses.
  But if the company's third-quarter re
  
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• The cashier-less Amazon Go store just opened in San Francisco. Here's a look inside. (AMZN)

  25-10-2018 02:39 via feedproxy.google.com
  Amazon opened its first cashier-less Amazon Go store in San Francisco this week and it's located in the Financial District at 300 California Street. 
  The store is pretty much a modern corner store — complete with candy, frozen pizzas, and chips —along with some fresh pre-packaged lunch options.
  Amazon's "Just Walk Out" technology worked seamlessly in our experience, though first-time shoppers can be a bit hesitant upon exiting. 
  Employees are excited about the future of the
  
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• Take two ads twice a day – how smart devices mean there's always a doctor in the house

  25-10-2018 02:00 via warc.com
  As ever more internet-connected devices enter our homes, the opportunities for marketers to get up close and personal are growing. The latest window of opportunity? Our health.The New York Times...
  
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• How your phone shares all it knows about you with companies around the world

  25-10-2018 02:00 via warc.com
  The apps on your Android smartphone not only track your movements and habits, they share what they know with over 20 companies apiece, a new study reveals.Research by Oxford...
  
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• Global Ad Trends: AVOD spend to double in next five years

  25-10-2018 02:00 via warc.com
  Advertiser-funded video on demand (AVOD) is outpacing other paid media with spend set to double to $47bn by 2023 worldwide, according to WARC’s latest Global Ad Trends report, out today.More broadly, both consumer and advertiser investment...
  
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• Dragons of Asia: Coca Cola and Edhi take Grand Prix

  25-10-2018 02:00 via warc.com
  A campaign by The Coca Cola Company and Edhi Foundation, working with Starcom, in Pakistan has won the Red Dragon award for the best campaign in Asia at the Dragons of Asia 2018 awards. The campaign saw the international soft drink brand partner...
  
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• Cash still king for SE Asia's centennials

  25-10-2018 02:00 via warc.com
  Despite a love of online shopping and increased options for mobile payments, young consumers in South East Asia still prefer to pay in cash, according to new research.According to new research by Dentsu Aegis Network and Econsultancy, which...
  
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• AB InBev sees blockchain ad benefits

  25-10-2018 02:00 via warc.com
  Anheuser-Busch InBev, the brewer, saw various positive results from an innovative advertising campaign that applied blockchain technology to the mobile channel.Laurel van Tassel, AB InBev’s director of programmatic marketing, discussed this...
  
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• Aunt Bessie’s shifts marketing message in biggest ever campaign

  25-10-2018 01:01
  Aunt Bessie’s is getting rid of its core protagonists, Margaret and Mabel, in a positioning shift that aims to modernise the frozen food brand.
  Aunt Bessie’s introduced the two humorous old women as characters in 2009 but after testing last year found they no longer had the same appeal.
  Hannah Haas, marketing director at Aunt Bessie’s, tells Marketing Week: “We’d used Margaret and Mabel for 10 years and while we know they test well on awareness, we saw as soon as t
  
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• Make 'em laugh

  25-10-2018 01:00 via warc.com
  Lennie Stern, Head of Creative and Entertainment Strategies, BETC Paris argues that achieving the right balance between emotional clues and informative content leads to effectiveness. 
  
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