Agency

Best Global Brands: Lessons Learned

Despite this past week, the year 2008, in general, has been an excellent one for developing nations. China, Brazil, Russia, India and other historically troubled economies continue to enjoy burgeoning middle and upper classes that are spending money on purchases they could not afford in the past.

In contrast, this has not been a good year for developed nations. The United States, and now every country tied to America’s radioactive financial service industry, is suffering because deluded borrowers and irresponsible lenders were circulating money they never actually had.

Shift in Blue Chip Marketing Spend.

Chief Marketing Officers at many of the biggest brands in the nation are seeing a major shift in the marketing landscape. Almost two-thirds (63%) of the 175 marketing executives surveyed see an increase in their spending on interactive/digital marketing while 59% report a decrease in traditional marketing spend.

ANA: 42% of advertisers have in-house agencies.

A survey of Association of National Advertisers (ANA) members finds one-third of them (42 percent) have established in-house ad agencies. Most marketers explained in-house ad agencies contribute to cost efficiencies and savings — thought to be the “most important success” having an in-house agency, respondents said.

‘Germinator’ streamlines Idea Generation Process.

AcuPOLL has developed a white paper that details the methodology further, showcasing benefits to brand executives who are often under increased pressure to fast track the best ideas and get them to market.

2008 National Survey of Latinos: Hispanics see their situation in U.S. deteriorating.

Half (50%) of all Latinos say that the situation of Latinos in this country is worse now than it was a year ago, according to a new nationwide survey of 2,015 Hispanic adults conducted by the Pew Hispanic Center.

2008 National Survey of Latinos: Hispanics see their situation in U.S. deteriorating.

Half (50%) of all Latinos say that the situation of Latinos in this country is worse now than it was a year ago, according to a new nationwide survey of 2,015 Hispanic adults conducted by the Pew Hispanic Center.

Significant drop in Financial Services ad spending drives 6%t overall decline in Online Advertising.

Nielsen Online, a service of the Nielsen Company,reported that a 27 percent decline in image-based online ad spending by Financial Services companies drove a six percent year-over-year decrease in overall image-based online advertising in the first half of 2008; the number of image-based impressions decreased by nine percent during the same period.

U.S. Ad Spending Down Slightly in first half of 2008.

Overall, despite a continued softening of the economy, several media and companies showed healthy growth in advertising for the first half. Advertising on Cable TV saw the largest growth, with an increase of 8.1% over the first half of 2007, while Spot Radio fared worst among the 19 media categories analyzed by Nielsen, declining by 10.1% compared with the same period last year.

The Role of Culture in Cross-Cultural Marketing.

Hispanics are one of the fastest growing populations of the United States. In 2007, there were 45.5 million Latinos representing 15 percent of the total population of the United States. Among the Hispanic population, 66.9 percent were Mexican, 14.3 percent were Central and South American, 8.6 percent were Puerto Rican, 3.7 percent were Cuban, and the remaining 6.5 percent were of other Hispanic origins. (US Bureau of the Census; Ramírez & De la Cruz, 2002)

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