Agency

Despite the headlines about digital disruption in financial services, big banks are actually holding their own. Globally, financial-services revenues have grown 4 percent annually over the past ten years (thanks largely to growth in emerging markets), and fintech start-ups and large tech companies have so far captured only tiny slivers of market share.

According to a new study from the Chief Marketing Officer (CMO) Council, news coverage about inaccurate, questionable and false digital media reporting measures have already caused 21 percent of marketers to pull back on advertising spend. More than 70 percent of brand leaders admit that negative news headlines have had an impact on budgets.

We are at a time of unprecedented commercial opportunity in global sports. Barriers to entry have never been lower. More markets around the world than ever before are receptive to the power of sports. It’s never been easier to reach millions—even billions—of fans.

The other week I was involved in a little email exchange with my colleagues about the power of social influence. As usual I was getting boxed into the Luddite corner until I realize that what was worrying me was the apparent assumption that social influence was universal and all powerful. If so, I beg to differ.  by Nigel Hollis

On May 25th, only 30 days away, the European Union will launch the greatest privacy experiment in history. On that date, the General Data Protection Regulation (GDPR) goes into effect. It will immediately impact the more than 508 million people who populate the EU and multi-millions more throughout the world who collect personally identifiable information about EU citizens. Despite the hopes and claims for these highly complex proposals, no one knows the true impacts of these stringent regulations.

While the barriers hindering women from fully participating in the labor market make it unlikely that they will attain full gender equality within a decade, the report finds that in a best-in-class scenario—in which each US state matches the state with the fastest rate of improvement toward gender parity in work over the past decade—some $2.1 trillion of incremental GDP could be added in 2025. That is 10 percent higher than in a business-as-usual scenario.

Are big media companies ready for another big wave of disruption? They’d better be. The direct-brand revolution is starting, and it might not be pretty for large incumbent players in the media industry.

When researching Brand Premium I interviewed a well-respected agency planner who told me that the most effective marketing campaigns traded on people’s anxieties and insecurities. I am not convinced their assertion is true but in today’s turbulent times perhaps brands should have a responsibility to accentuate the positive not add to the negative?  by Nigel Hollis

Pretty much everyone watches TV, surfs the web, checks email and logs on to social sites, right? Wrong!

KIDDOS Magazine, a Florida based, kids focused magazine, whose mission is to help strengthen the bonds between parents and their children by providing value-based content and activities, announced it will be partnering in 2018 with Amigos For Kids, a non-profit organization dedicated to preventing child abuse and neglect by strengthening families and educating communities, to coincide with National Child Abuse Prevention Month in April to help disseminate awareness and education of child abuse prevention.

Daisy Expósito-Ulla, Chairman/CEO of d expósito & Partners, was inducted into the 69th Annual Advertising Hall of Fame® at a Gala Dinner and Induction Ceremony on Tuesday, April 24th, 2018 at Cipriani Wall Street in New York City. The AAF Hall of Fame is undoubtedly the highest honor bestowed by America’s Advertising Industry and it recognizes the most accomplished and legendary figures in advertising, bringing together the industry to celebrate the Biggest Night in Advertising.

Republica commemorates a decade of trust and partnership with Sedano’s Supermarkets, one of America’s leading independent grocers, and the largest Hispanic retailer in the country.

The Culture Marketing Council: The Voice of Hispanic Marketing (CMC) will start each day of its 2018 Annual Conference with powerful sessions from top leaders of brands that keep creativity, community and culture central to their marketing strategies. CMOs and high-ranking executives from Nestlé, Sprint and Target will open each day of the CMC Annual Conference, taking place at the Loews Hotel in Los Angeles from June 4-6.

As the percentage of Hispanics who speak Spanish begin to decline and immigration slows, it begs the question among market researchers, “do I still need Spanish-dominant sample as part of my U.S. sample frames?”

Welcome to the second installment of the #TotalMarketTalk podcast. This episode features actor and  NGL Collective partner, John Leguizamo, in an amazing 1 on 1 conversation with our industry’s own, Luis Miguel Messianu, Creative Chairman and CEO of the award-winning ALMA ad agency. 

Recent studies have highlighted a growing opportunity to increase DTC activity and potentially save many more lives among U.S. Hispanics.

Young Latina Fernanda Vazquez received her first paycheck and celebrates with her extended family in a tender moment of accomplishment in “Girl’s First Check” by Wells Fargo. Notable? Yes, as it was one of the first national ads that featured one of the biggest, yet least acknowledged, shifts occurring in the U.S. Hispanic market – the professionalization of Latinas.  By Stephen Palacios, Principal, Ahzul

As many consumer businesses struggle to deal with the pace of change, the beauty sector shows the way.  After many decades of stable outperformance, the fast-moving consumer-goods (FMCG) sector is at a crossroads. Consumer preferences have upended the long-standing FMCG marketing playbook, while digital technologies are revolutionizing the way consumers engage with brands and shop. In this context, many FMCG companies are getting serious about change.

With the departure of Sir Martin Sorrell  — or SMS, as he is lovingly called — many are now predicting the end of WPP and of agency holding companies in general, along with the business model of the tailor-made, client-specific, integrated agency offering.

One of the most common topics to emerge over the past week in relation to the transition underway at WPP is the prospect of a break-up of the company or a major divestiture program. For the most part, we don’t think this speculation makes much sense, and if anything, WPP probably emerges from this process as a net buyer rather than a net seller.