During the 2008-09 recession, agency organic growth fell by -1,500 bps from +4% in 3Q 2008 to a low of -11% in 2Q 2009. It took seven quarters in the end for organic growth to recover back to +6% in 2Q 2010, reflecting the prolonged economic weakness over this period.
Agency
Ad Agencies: Prepare Yourself. This Will Be Bumpy. [REPORT]
Will Hispanic Voters Swing the 2020 Election? [REPORT]
Most people are surprised to learn that nearly 30% of U.S. Hispanics voted for Trump in 2016. Hispanics, it turns out, are not a homogeneous group. Over 50% are U.S. born with roots in 20 countries of origin, each with its own rich cultural and political heritage. The world, however, has changed considerably since 2016. Voters have a clearer idea of the president’s policy priorities and leadership style.
SBS Entertainment announces ‘Mi Casa Es Tu Casa Live Music Series’
SBS Entertainment, the entertainment division of Spanish Broadcasting System, Iinc. (SBS), announced Mi Casa Es Tu Casa Live Music Series, launching Friday, April 24. The series will feature one-hour of commercial-free live music and positive messages by top Latin artists across some of SBS’s leading regional Mexican and Latin urban radio stations in key Hispanic markets and LaMusica app. The star-studded line-up includes Pitbull and Calibre 50, who will kick-off the series respectively, as well as Christian Nodal, Maluma, Natti Natasha, Gerardo Ortiz, Banda MS, Sebastian Yatra and many others.
WOW MKTG named AOR for MMM of Florida, Inc.
As MMM of Florida’s agency of record, WOW MKTG will create comprehensive advertising campaigns for the healthcare brand in the South Florida market.
The Power of Brands amidst Covid-19 in Puerto Rico [REPORT]
Puerto Rico based Horoma 3, composed of agencies de la Cruz, Lopito, Ileana & Howie and Sajo/McCann Puerto Rico studied the impact of Covid-19 on brands.
Getting Ahead Of The Curve In CPG
Living through a pandemic changes a person’s beliefs and behaviors, some of them for life.
How consumer-goods companies can prepare for the next normal
As the coronavirus pandemic spreads across the globe, threatening both lives and livelihoods, consumer-packaged-goods (CPG) manufacturers continue to play an important role: producing essential items we all rely on for our health and well-being. CPG leaders have focused on meeting this demand while guarding the safety of employees and customers.
Univision and Nielsen sign multi-market Audio Measurement agreement
Nielsen announced that Univision has signed a multi-year agreement with Nielsen Audio. This renewal covers national and local measurement of all 58 of Univision’s owned and operated Uforia Audio Network stations in 15 key markets, which include the top 10 U.S. Hispanic markets and Puerto Rico.
Spanish Broadcasting System launches “La Voz del Negocio Hispano”
Spanish Broadcasting System, Inc. (“SBS”) launched “La Voz del Negocio Hispano,” “The Voice of Hispanic Business” across its multimedia & entertainment platforms including Radio, TV and Podcast to empower Hispanic business owners with a show hosted by respected journalist, Mario Andres Moreno.
The Fight to Remain Relevant if the U.S. Enters a Recession
The consumer packaged goods (CPG) industry is currently facing the biggest and fastest change to shopping behavior in modern history as a result of the novel coronavirus (COVID-19) pandemic. Amid record job losses and unemployment filings in the last month due to travel restrictions and physical retail closures, it’s not an understatement to say that the industry is operating in uncharted territory.
How brands can survive, and then thrive, during a COVID-19 triggered recession
We all know the theory: brands that spend more on advertising during a recession recover faster when the recession ends. It is a well proven fact. Except this time around we are dealing with a health crisis, the repercussions of which have impacted both demand and supply. And whatever happens, advertising alone is unlikely to do the trick. by Nigel Hollis
The digital-ready worker Digital agency and the pursuit of productivity [REPORT]
To be effective in an increasingly technological workplace, workers must know, not just how to use digital tools, but when and why to use them. Critical to this ability is digital agency: the judgment and confidence required to navigate and be effective in unfamiliar digital environments.
Reduce Your Marketing Budget Safely, Not Just Quickly
Avoid damaging cuts and realign resources in response to fluid shifts in demand from the Covid-19 fallout.
Rafael Eli, Hispanic Marketer, Soccer Specialist Passes from COVID-19 Pneumonia
Rafael Eli is familiar to those within the Hispanic television, digital, print and radio communities and has been the behind-the-scenes co-producer of the annual Hispanic Television Summit for the past 18 years. The summit is presented annually by Future’s television industry magazines, Broadcasting & Cable and Multichannel News. Eli often influenced the selection of the Summit’s award recipients, notably Hispanic TV talent and celebrities with whom he had a personal relationship including talk-show host Cristina Saralegui, sportscaster Andrés Cantor, news anchors Jose Diaz Balart, and Jorge Ramos to name a few.
Nos vestimos de luto
To my dear Amigo, Compadre, Hermano – Rafael Eli, we at HispanicAd and our families do not have the words to express our gratitude and respect to you for the unique relationship and the bonds that united us for so many years.
Our conversations and emotions about literature, art, cinema, business, innovation, relationships, love and the future we both worked towards ensuring that the US Hispanic and Multicultural communities are respected and looked upon as socially, politically and economical viable will be missed. They filled my days and nights, waiting for our next discussion.
After our conversations, for hours my house and office would be abuzz after the loud discussions, the laughs and insights brought forth by our typical Latino to Latino conversations, they were highlights for many of our dinner conversations. You brought your “Jibaro y Guajiro” points of view along with my “Jibaro, Guajiro y Gaucho” views. ¡Que mezcla!
I remmember as if it were yesterday on the corner of Lexington Ave and 42nd Street in NYC in 1999, you were the first person I mentioned that we were going to launch HispanicAd to serve the US Hispanic advertising, marketing, media, public relations and research executive Industry. You said, ¡Pa’ Lante, ni un paso para atraz!
People say that you are lucky if you have one true friend, I count you as one of mine.
Gene Bryan
Fortes en Fide
Rafael Eli passes
Rafael Eli passed away peacefully just before 6 a.m.ET this morning from COVID pneumonia.
Multicultural COVID-19 Research Library [RESOURCES]
For multicultural marketers, the need for real-time research and insights about COVID-19 and multicultural consumers is paramount. By understanding the impact of Coronavirus on multicultural consumers, brands will be best positioned to formulate and execute plans to address this impact and build long-term, mutually beneficial relationships with multicultural segments who will be critical growth drivers across industries.
Coronavirus Ad Revenue Impact: Sell-Side [REPORT]
More than 200 sellers shared current insights and their future predictions on the impact of the Coronavirus pandemic on advertising revenue. They give perspectives on what sellers find most challenging to their operations and what they want buyers to know.
How to Build an Attribution Model for TV in 2020
An in-depth guide to measuring the relationship between ad exposure and business outcomes
Americans turn to technology during COVID-19 outbreak, say an outage would be a problem
As the spread of COVID-19 upends work, classes and even doctor appointments across the country, a majority of Americans are turning to digital means to stay connected and track information about the outbreak.