By Gonzalo López Martí – Creative director, etc. / LMMiami.com
Ad agencies and advertisers are victims of the belief that “creativity” is the basis of their current relationships, and that “more creativity” will give them more of what they need. Ad agencies have promoted “creativity” since the days of Bill Bernbach, more than 50 years ago, when agencies were at the top of their game. Advertisers, as their clients, continue to hire agencies for their perceived creativity, provided costs are rock bottom. However, “creativity” is no longer delivering improved brand performance or increasing shareholder value. The search for more creativity is making victims of agencies and CMOs alike — neither lasts very long in a relationship. It’s time for a new paradigm. The “Creative Paradigm” is out of date. It’s not working. By Michael Farmer
The ownership experience should be a critical brand differentiator and revenue generator for both manufacturers and retailers. Yet only 17 percent of North American consumers believe brands truly care about them after the point of purchase, which might be an accurate reflection of the importance that acquisition-centric marketers place on the aftermarket service and support that drive and solidify satisfaction, loyalty and advocacy.
Make no mistake about it: The fast-moving consumer goods (FMCG) and retail landscape is facing systemic change unlike anything in recent history. While the first quarter of the year kicked off with slowed growth, the recipe for selling hasn’t really changed: retailers need to find more customers and get them to load up bigger baskets while raising prices. Yet slowing U.S. population growth, fragmented spending across channels and deflationary pressures remain key challenges.
Adjusting to change is essential when facing relentless competition compounded by ongoing disruption and slow growth. Citing data and analysis, PwC’s 2017 Global Entertainment and Media Outlook offers compelling insights into how E&M companies are adapting, investing, experimenting and innovating amid six areas of change
Summer is in full swing and it’s time to quench your thirst with your favorite drinks. Hispanics are known to spend big on their favorite non-alcoholic drinks, everything from their preferred pop sodas during summer parties to sports drinks while their out playing in the field. Courtesy of Lopez Negrete Communications
Hundreds of thousands of hardcore soccer aficionados will converge on stadiums across the United States as the CONCACAF Gold Cup begins this month. Toyota is joining the action as an official sponsor of the preeminent national team tournament of the North, Central America and Caribbean region.
Many people have a hard time walking away from their devices, even when they know they should.
In 2017, discussions around gender and media have reached a fever pitch. We’ve seen movements for gender equality in Hollywood, in Silicon Valley—and even on Madison Avenue. Agencies are creating marquee campaigns to support women and girls, often termed “femvertising.” But is the advertising industry as a whole making strides toward improving representation of women overall?
Dramatic shifts in campaign focus can often undermine the longer-term effects of advertising simply because lack of continuity fails to develop a network of strong, positive and motivating impressions in people’s minds. by Nigel Hollis
Marketers are all pushing for an omnichannel, holistic view of their audiences, but that vision requires integrating audience insights from three core areas: TV, digital and in-store. And that poses substantial challenges.
MetroDimension is dedicated to offering Hispanic and non-Hispanic Millennials and Gen Z information and lifestyle/entertainment to help them as individuals to empower themselves to achieve more with their personal, business and family well-being.
The publisher and internet services company Terra Networks terminated its operations and closed down its websites in seven countries last Friday, 30 June: Argentina, Chile, Colombia, México, Peru, Spain and the UnIted States. The company’s headquarters in Miami, which was responsible for LATAM operations, was also closed down and the team was dismissed or transferred back to Brazil.
Everyone I know in advertising and marketing is interested in ideas. Not just good ideas. Extraordinary ideas. The kind that elevate our work and make an unmistakable impact on people, industries, and the world. By Matt Magee, VP of strategy at PJA Advertising + Marketing
In 2011, Michael Chorost published a truly visionary book called “World Wide Mind: The Coming Integration of Humanity, Machines and the Internet.” It was and remains a really smart book that lays out an evidence-rich case that the melding of humans and machines is not just the futuristic noodling of science fiction writers, but an increasingly likely eventuality. By Tom Stein, chairman and chief client officer at Stein IAS
Our end-goal as marketers should be to influence purchase decisions. One way is to hector people at the point of purchase, another is to shortcut the decision process and get people to pick your brand without conscious deliberation. But how best to do that? We need to provide people’s lazy brains with a script; one that guides their purchase decision. by Nigel Hollis
One-in-seven U.S. infants (14%) were multiracial or multiethnic in 2015, nearly triple the share in 1980, according to a Pew Research Center analysis of Census Bureau data. This increase comes nearly a half century after the landmark Supreme Court case Loving v. Virginia legalized interracial marriage.
The United States always assumed that its forward momentum would carry the next generation toward greater prosperity, just as it took for granted that its technical prowess in manufacturing would guarantee its global market share. But now those assumptions have been upended. Although unemployment is down and wages are finally ticking up again, these indicators can distract from the bigger picture. Tens of millions of workers are struggling to make it in America, and even a full-time job does not guarantee a decent standard of living.
Getting your first job in the advertising industry can take a lot of work. It can feel overwhelming having to navigate the complexities of agency life while also trying to make a name for yourself. By Chris Vega, a Stanford graduate, Creative Resident/Copywriter at BBDO and the recipient of the 2017 Young Innovator Award.
The travel and hospitality industry remains highly competitive and is undoubtedly a saturated marketplace, but what are the most successful organisations delivering that it’s nearest competitors aren’t?
