The Beginning of A New Era

The Beginning of A New Era

The global demand for privacy is one of the most consequential consumer dynamics at play today.   Across the globe, 91% of consumers are concerned about the amount of data that companies can collect about them, [i] and 42% have taken steps to reduce the amount of data they share online.[ii]   In light of this desire for increased privacy, most technology platforms have recently implemented or announced restrictions around data collection and user tracking through their web browsers and operating systems.   For brands and the advertising industry, the magnitude of this evolution is massive.   On the short term, it is undoubtedly a source of conundrums for many marketers and publishers. Processes, ways of workings, legal compliance efforts, technology stacks, customer data strategies – even business models – must be reviewed and rethought to limit business disruption.   Yet, in the long term, it offers a unique opportunity to (re)build trust between brands and consumers around the data issue. Success will hinge on increasing efforts to educate audiences (67% of consumers declare they have little to no understanding about how their data is being used[iii]) and defining a right value exchange that works for all (only 15% of consumers feel they are getting a good value from granting access to their data[iv]).   In the midst of sensationalist headlines, technical solutions still being worked out, and a lack of shared standards to get behind, it is normal for marketers to feel lost and nervous. In a recent marketer survey we conducted, 60% of respondents declared they are not familiar with tracking prevention or are unsure about the consequences on their business, showing that this fast-changing landscape is not fully understood yet.[v]   In this new dentsu definitive guide for global marketers, The Cookieless World, we rise above unique market perspectives and cut through the ambient noise to help you focus on what you should know today and investigate tomorrow to be ready in 2023, when the world will become cookieless.   For more, download the full report today: http://ow.ly/KDTK50FKTaJ    [i] Microsoft Advertising in partnership with iProspect, 2020 Consumer Privacy and Brand Trust Survey, Dec 2019 – Mar 2020, as featured in the report In Brands We Trust, published in April 2020   [ii] Dentsu, Decoding Data Dynamics: Digital Society Index 2020, Global survey of 32,000 respondents   [iii] MMicrosoft Advertising in partnership with iProspect, 2020 Consumer Privacy and Brand Trust Survey, Dec 2019 – Mar 2020, as featured in the report In Brands We Trust, published in April 2020   [iv] Microsoft Advertising in partnership with iProspect, 2020 Consumer Privacy and Brand Trust Survey, Dec 2019 – Mar 2020, as featured in the report In Brands We Trust, published in April 2020   [v] iProspect, iProspect 2020 Global Client Survey, November 2020, as featured in Future Focus 2021: Brands Accelerated, published in April 2021 Content 0

3 mins read

Which creative type should I be using for my campaign

Which creative type should I be using for my campaign

This is a common question asked by many advertisers – unfortunately there is no definitive right or wrong answer, as there are many factors that should be considered when deciding on the most appropriate format: ·         One size does not fit all, different formats serve different purposes which will align with the specific goals and objectives set out by a campaign, and what the advertiser expects to achieve long term ·         An important question to ask yourself is, ‘do you have the expertise and technical knowledge in house to create the desired format and to traffic this correctly?’ Certain formats are more complex than others, so always ensure that you have the ability to execute these before moving forward with anything else ·         Do you have the budget to be able to buy the desired inventory available for the desired format? For example, video creatives are more expensive to serve compared to a standard static ad format. For instance, when using Display and Video 360, you could run the risk of spending too quickly if inventory is of a high cost, however, setting your bids too low to stop this from happening may result in no spending at all as you are below the minimum bid and simply don’t have the funds to purchase the inventory ·         Finally, when determining the best format for delivering your message, consider which formats can be served on multiples devices, in addition to the creative’s appearance Standard vs rich media creatives Standard creatives offer limited functionality, as they are restricted to static images, text and simple animation or video, and can only provide metrics on impressions and viewer clicks. However, they are quick to build, can run anywhere and are relatively inexpensive, so have good inventory available to them. Rich media ads offer the audience a more engaging experience by directly involving them in the ad message, and often result in better metrics than traditional ads, including user behavior and interactions. Common creative formats There are a rich variety of formats to choose from, so here’s an introduction to some of the most common and popular formats for display, video and mobile: Banners - perhaps the most basic ad format, they are set within set borders and don’t expand or cover other page content. Expanding - starting as a standard ad placement on a web page and then expanding over the page’s content when the user interacts with it. Interstitials - floats on top of a publisher’s web page and as they aren’t assigned to a fixed ad slot, they can almost be any shape or size. The ad usually disappears after approximately 15 seconds if the user does not interact with it. Tandem - these are two synchronised creatives that appear together on one page, ‘talking’ to each other to synchronise their animations to work in tandem. These are also known as roadblocks or site takeovers. Pushdown - when the user interacts with this format, the ad expands and pushes the page content down, creating a new space at the top for the ad. YouTube Masthead - a customisable ad with the option to be expandable, which runs the full width of the YouTube homepage for 24 hours Dynamic creatives - also known as data-driven creatives, these enable advertisers to build one creative that can be tailored to multiple audiences, delivering product messages the moment a user is browsing for them. Native ads – component-based ads that enable a single set of creative assets to be constructed to fit the form and function of different sites and apps. In-Stream VAST ads - video ads that play inside the publisher site’s own video player and usually before the main site content plays. TrueView - this format allows YouTube viewers the ability to choose which video ad they want to watch and when, meaning advertisers reduce and don’t pay for unwanted views. Responsive ads - as to not disrupt the user experience, these ads adjust to match the page they are shown on, ensuring they blend into the content that viewers came to see and are also less likely to be skipped over. 0

4 mins read

LinkedIn Names iProspect as Paid Media Partner

LinkedIn Names iProspect as Paid Media Partner

iProspect will handle digital media strategy and buying across all of LinkedIn's global business units iProspect has been named global paid media partner for social networking platform LinkedIn, which is expanding its international presence. In the role, iProspect will be responsible for the full spectrum of digital media strategy and buying across all of LinkedIn’s business units globally, partnering with the company to act as a media extension to LinkedIn’s in-house digital strategy and operation teams. The teams will support the execution of mobile, paid search, programmatic, social and video across B2B and B2C products. “This is a transformative moment for LinkedIn, and we couldn’t be more excited and honored to be a part of this journey with them,” Daniele Renda, SVP, Managing Director at iProspect US said. “Our passion for the business and unparalleled depth and expertise with complex, global enterprise brands will help accelerate the brand forward as they continue to gain more international market share. We look forward to working with this fantastic team.” Exclusive article on Adweek LinkedIn Names iProspect as Paid Media Partner 0

1 mins read

New Expectations Emerge Around Data Privacy

New Expectations Emerge Around Data Privacy

In recent years, data privacy has become an increasingly significant issue for people and brands. In the wake of publicised privacy scandals and heavily discussed regulations such as the European Union’s GDPR and California’s CCPA and CPRA, consumers have grown more aware of the importance of protecting their data privacy. Some of the world’s most famous and beloved brands like Apple have even made privacy a key differentiator at the core of their strategy, bringing major attention to this topic.     According to an iProspect and Microsoft Advertising survey of more than 25,000 consumers in 16 countries, 87% of respondents now believe data privacy is a right, not a privilege, 64% are concerned about the amount of data being collected, and half have already stopped using a service or changed their purchase behaviour due to privacy concerns.   Brands cannot ignore these concerns. It is not only a matter of complying with regulations, but also a critical consideration to preserve their image and business over time. Today, an increasing share of marketers understand that data privacy should not be an afterthought of their strategy, with 68% believing they should make proactive compromises in how consumer data is used to build consumer trust (iProspect 2020 Global Client Survey). Although the traditional value for money equation is not obsolete, it needs to be revisited to factor data privacy as a new variable.   Finding the right balance in the value exchange between data and privacy is no easy feat.   According to our research, marketers generally tend to overestimate the value of the benefits they provide. Half (49%) believe they offer a fair exchange to consumers for the value of their data, while only 37% of consumers agree.   However, as illustrated in the below table, marketers tend to underestimate consumers’ motivations to share their data. Interestingly, only 9% of marketers believe helping a company improve products or services is an incentive for consumers, while 44% of consumers believe so.     These disconnections can create a perceived imbalance in the value exchange, which can result in distrust from consumers or missed opportunities for brands. For that reason, it is important for brands to develop a clear understanding of the specific factors influencing their audiences’ attitudes and behaviours around privacy, and to build upon these insights to adjust the value exchange they propose to consumers.   It is equally crucial to keep in mind the consumer perception of the value exchange is not shaped only during transactions. It is the sum of all the interactions people have with the company and is conditioned by the company’s credibility regarding privacy issues. With two thirds of consumers (67%) having little to no understanding about how their data is used by companies, brands that proactively reach out to customers about how they approach privacy can help alleviate concerns, explain the value they deliver in exchange for data, and seize the opportunity to differentiate from the competition. As only 22% of consumers declare they always read privacy policies, regularly educating your customers about your privacy practices in clear and concise language can demonstrate greater attention to consumer privacy needs compared to competitors reaching out sporadically and in legal jargon when they update their policies.   To explore further our global consumer research on privacy and value exchange, download the report In Brands We Trust: The Intersection of Privacy and Trust in the Age of The Empowered Consumer by iProspect and Microsoft Advertising.   Additionally, brands should not look away from the worst scenarios. No company is fully immune to data breaches, which is why now is a good time to review your response plan in order to be better positioned to conserve or regain your customers’ trust in case of a breach. Assembling a response team, training your employees about the key actions to take in face of a breach, documenting a plan of action and preparing templates to swiftly disseminate communications are best practices to be prepared to respond to a breach transparently and effectively, and doing so, mitigate the damage.   Building trust is a long-term endeavour and protecting data privacy is an integral part of it. As such, data privacy should underpin every action brands take today and tomorrow.   This article is excerpted from the report Future Focus 2021: Brands Accelerated. Download it now for key insights on how brands can make the most of brand and performance to accelerate their growth. 0

4 mins read

Future Focus 2021: Brands Accelerated

Future Focus 2021: Brands Accelerated

The new iProspect Future Focus report explores the intersection of consumer attention, commerce and data.    Today, we officially launch Future Focus 2021: Brands Accelerated as the essential read for conscientious marketers seeking to explore and exploit the latest consumer and industry advancements for brand growth. The 75+ page report addresses some of the most pressing aspects of modern marketing including; the battle for attention, wholesale changes in data privacy, and the emergence of assisted commerce.    Combining evidence-based research with interviews and responses from over 200 brand marketers in 29 countries, the Future Focus 2021: Brands Accelerated report delves deep into the challenges and opportunities faced in the current global climate and within the immediate media landscape. And, convenience and relevancy of media to the consumer is key, as 61% of marketers, polled for the report, considered ‘building a highly convenient experience for the consumer’ as the most powerful lever to generate business growth.i    The content of this sixth edition of the Future Focus series typifies the intricacies of bringing brand and performance together to achieve growth.     “Despite the challenging times we live in, I believe there have never been so many opportunities in media. With our new and unique approach of performance-driven brand building, we are firmly optimistic about the future and resolved to make it happen, today. With Future Focus 2021: Brands Accelerated as their guidebook, I hope all marketers will be able to leverage the growth potential afforded at these significant intersections of media, data, commerce and culture.”  Amanda Morrissey, Global President of iProspect    The findings showed that around 2 in 5 marketers (42%) still think the linear path to purchase is as relevant today as it was decades ago, despite the rise of digital. While at the same time 32% of marketers feel that expanding commerce capabilities is important for the 2021 roadmap, however 26% see this as one of the most difficult challenges this year.ii      Practical advice to marketers.   In addition to discussing and dissecting the impact of major global industry trends and innovations, the report spotlights the relevancy and opportunity for brands, regardless of sector, to capitalise on these seismic shifts in the media landscape. Examples of the report’s advice and guidance for marketers worldwide include:    #1: Commerce is Everywhere    Organisations should strive to build and maintain an accurate picture of their commerce capabilities across five key dimensions: desirability, availability, findability, buyability, and repeatability. This will help them define the most profitable commerce model for their brand, better integrate their e-commerce and stores into an actionable omnichannel strategy, explore new growth channels, and turn media opportunities into transaction opportunities.    #2 The Battle for Attention  Brands should consider factoring attention into their media optimisation and measurement efforts to elevate the impact and efficiency of their investment. To maximise audience attention, they should ensure the content and experiences they design truly align with consumer intent, and that the campaigns they develop do not relegate diversity and inclusivity as afterthoughts.  #3 The New Data Playbook    On the data front, organisations should embrace the new privacy-conscious world by re-evaluating the value exchange they offer to their audiences and anticipate technological changes to minimise business disruption. This is the occasion to explore opportunities for automation, evaluate the quality of the data they collect and process, and more broadly reflect upon how data is effectively used to inform decisions.    The last point is of particular significance as the report found in some circumstances there are huge disparities between what the consumer and brand marketer think, when it comes to assessing data value. Only 9% of marketers believe helping a company improve products or services is an incentive for consumers to share their data, while 44% of consumers believe it is a good enough reason to release personal identifiable information (PII) to the brand.iii     Download your copy of Future Focus 2021: Brands Accelerated now.    -----------------------------------------   [i] Proprietary omnibus survey: iProspect, 2020 Global Client Survey, 12 Oct–11 Nov 2020, 202 respondents. [ii] Proprietary omnibus survey: iProspect, 2020 Global Client Survey, 12 Oct–11 Nov 2020, 202 respondents. [iii] iProspect 2020 Global Client Survey (Oct 2020) and iProspect and Microsoft Advertising, Consumer Privacy and Data Survey (Mar 2020) Content 0

4 mins read

Shoppable AR Transforms eCommerce

Shoppable AR Transforms eCommerce

This article has been written by David Roter, VP Global Agency and Brand Partnerships, Snap Inc. and Heather O'Shea, Marketing Science Lead, Snap Inc.   Augmented reality (AR) is redefining the future of shopping and brand experiences. It empowers people to experience brands and products up close without needing to go to a store, enabling the ability to comfortably “try before you buy” and comparison shop with ease. For brands, AR is an incredibly powerful tool and helps solve business challenges — from reducing return rates to increasing loyalty with immersive experiences — AR unlocks avenues to reach potential customers far beyond traditional eCommerce offerings. The ongoing rise of smartphone ownership and camera usage enhances the impact of augmented reality for brands. Helen Papagiannis, the author of Augmented Human, details these trends in an article published in Harvard Business Review [1] . Her conclusion is that “AR has proven that it can add enormous value for consumers in the shopping journey”. Over the past year, Snapchat has been experimenting with Shoppable AR formats and evaluating the role of augmented reality as a performance channel, going beyond entertainment and fun to a true utility that drives business results. Our findings outline the immense opportunity for brands to amplify their eCommerce strategy and equip their business for these consumer habits of the future.   Augmented reality is truly a full-funnel format. Brands leverage AR on Snapchat to enable conversation about their brand, invite people into an immersive experience, facilitate product try-on and in-home-visualization, and activate useful formats for education. As such, we’ve found that augmented reality delivers full funnel performance. Through a global meta-analysis with research firm Kantar, we identified that when Snapchat CPG campaigns include an AR Lens, they drive 2.5x growth in ad awareness and 1.1x lift in action intent compared to Kantar's global CPG market norms benchmarks[2]. This trend holds true for the retail category as well - when Snapchat retail campaigns include an AR Lens, they drive 2x growth in ad awareness and 2x lift in action intent compared to Kantar's global retail market norms benchmarks [3]. Beyond brand lift, augmented reality campaigns also deliver significant ROI. In the US, Snap partnered with NCSolutions to analyze over 2 years of Snapchat CPG campaigns. We learned that campaigns that include AR Lenses demonstrated a 46% higher lift in penetration on average compared to campaigns without Lenses and drove 14% more incremental sales [4]. This inflated growth of incremental sales indicates that highly engaging branded AR experiences can convert users more quickly than traditional media formats.   Augmented reality is also gaining ground as the future of product trial and try-on. Nearly 200 million Snapchatters engage with AR every day [5], and 46% have used AR or VR as a virtual shopping tool. And interest continues to climb - nearly 8 in 10 are interested in visualizing products in the space around them as a way to enhance their shopping experiences [6]. We’ve built a behavior of daily AR use in the Snapchat camera, and consumers are ready to fully embrace this technology as a part of how they shop and compare products.   In 2020, we began deeper testing of Shoppable AR formats as we recognized a desire for our audience to interact with brands while safely staying home during the COVID-19 pandemic. We partnered with select advertisers, including dentsu clients, to test these formats over Q3 and Q4 of 2020. We developed tools like SnapML that offer users the ability to try on products such as shoes, sunglasses and makeup directly within Snapchat’s camera and seamlessly make a transaction if they like what they see. These immersive experiences have delivered outsized results for participating advertisers. 9 out of 10 of these campaigns drove an increase in ad awareness [7], and because of the immersive experiences the camera allows for, we’ve seen these Product Experience Lens campaigns were 2x as likely to drive Intent lift than Snapchat Q3-Q4 Norms [8].   Notably, dentsu partnered with Snapchat for two recent best-in-class shoppable AR campaigns. Gucci embarked on their first-ever global AR shoe “try-on” campaign, using SnapML technology to let Snapchatters virtually try on Gucci shoes. After seeing how they looked in the brand’s latest sneakers, Snapchatters were able to purchase the shoes directly from the Lens via a “Shop Now” button, generating positive ROAS as a result [9]. Using their Business Profile as their virtual storefront, Dior (LVMH) launched several new Lenses for their B27 sneaker launch that delivered 3.8X ROAS for their overall campaign [10]. Augmented reality is no longer simply an experiment. For many marketers, it’s becoming a core element of their eCommerce strategy. The wide variety of AR formats can be activated to achieve marketing objectives throughout the funnel, and as more consumers seek out AR shopping experiences, brands have an opportunity to own shoppable innovation within their category with a high rate of proven success. Platforms like Snapchat are best positioned to help retailers tap into this powerful new format. We have a highly engaged audience of 265 million daily active users [11], nearly 200 million of which engage with AR on a daily basis [12]. We’ve evolved our AR products to address utility and commerce in response to consumer needs and we make it easy for advertisers to build creative through our best-in-class creative strategy team and free turnkey products like Lens web builder. This brings newfound opportunities for brands to cut-through the clutter and achieve growth while future-proofing their approach to eCommerce.     [1] Source: Helen Papagiannis, “How AR is redefining retail in the pandemic”, Harvard Business Review, October 2020 [2] Source: Kantar Snapchat CPG campaign brand lift meta-analysis commissioned by Snap, Inc., February 2021 [3] Source: Kantar Snapchat Retail campaign brand lift meta-analysis commissioned by Snap, Inc., February 2021 [4] Source: NCSolutions CPG Reaction studies Q1 2017 - Q4 2019 [5] Source: Snap Inc. Internal data Q1 2020. See Snap Inc. public filings with the SEC. [6] Source: Alter Agents study commissioned by Snap, Inc.; May 2020 [7] Source: Snap Inc. internal data as of February 2021 [8] Source: Snap Inc. internal data as of February 2021 [9] Snap Inc. internal data June 28-August 17, 2020 [10] Source: Data from Snap Ads Manager as of October 29 - December 20, 2020. Lookback window: 28 days post-swipe, 1 day post-view. [11] Source: Snap Inc. internal data Q4 2020 vs. Q4 2019. See Snap Inc. public filings with the SEC. [12] Source: Snap Inc. Internal data Q1 2020. See Snap Inc. public filings with the SEC.     0

6 mins read

News

dentsu bolsters global media offering by bringing together iProspect and Vizeum brands to form future-focused iProspect brand globally

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The Renewed Importance of Structured Data

The Renewed Importance of Structured Data

There are multiple benefits of automation for brands, from more consistent user experiences across platforms to a competitive edge in performance optimisation to reduced media waste. According to the iProspect 2020 Global Client Survey, about one marketer out of two has already automated data and analytics (54%), search (50%) and programmatic (47%) activities – at least partially. One out of three (32%) has automated social efforts and one out of four (24%) has automated effectiveness measurement. As automation is increasingly accessible to brands, with increasing numbers of automation focused solutions made available by vendors and tech platforms, it is relatively easy for brands to launch decent campaigns – but it also makes differentiating from competition more difficult. This is why structured data and feeds continue to grow in importance.   Structured data and feeds power automation Structured data and feeds are collections of data (e.g., price, product availability, weather) with useful associations that can be used consistently across a large array of marketing channels (e.g., search, social, email). By organising information to be understood and utilised by various systems, structured data is the true cornerstone of automation, powering the brands’ ads across many verticals, such as airlines (e.g., flight rates), hospitality (e.g., hotel listings) and automotive (e.g., nearby dealerships). Structured data is becoming increasingly important for three reasons: Structured data can be used to automate the integration of any data signal into the media ecosystem, especially the brand's products and service details. Products and service data sets do not include personally identifiable information (PII) data and are not impacted by data privacy concerns, which means marketers can confidently invest in these specific structured data to deliver the best value for audiences regardless of the ever-changing privacy landscape.   Six marketers out of ten (61%) declare the most powerful lever to business growth is building a highly convenient experience for the consumer (iProspect 2020 Global Client Survey). Feeds enable marketers to make the most of shoppable media opportunities, which make the consumer path to purchase more convenient. They also improve the relevance of ads through more personalisation possibilities. For instance, iProspect helped a retail apparel company to dynamically adjust which product image to use for each product via the feed and connect it to media campaigns. Analysing performance data, we realised that for women's products, images featuring models performed much stronger than images of the product by itself. For men's products, it was the exact opposite. We were able to increase the relevance of ads by optimising the images featured for each product, resulting in stronger engagement and increased average order value.   With the current recession putting marketing budgets and resources under pressure, structured data and feeds can make media management more efficient. For example, campaigns can automatically be paused when a product is momentarily out of stock, reducing media wastage. They also make maintaining ad accuracy of large catalogues more efficient. For instance, we augmented the feed of all the properties managed by a real estate client with point-of-interest data and neighbourhood data - both critical to how people search for properties - so that the ad copy could be updated automatically with minimal human intervention.   How to get started with structured data and feeds There are three challenges most marketers will face when exploring how to use structured data and feeds to create a positive value exchange: identification, access and execution. The following considerations are key to overcoming these challenges. Data signal audit (People): Conducting a thorough data audit to understand what data sets are available to you and what signals are relevant to your brand is the first step to tap into structured data. When it comes to automation, bad data input can quickly turn into a very bad output, which is why collaboration is critical at this stage. Involving internal stakeholders (e.g., IT department) to align on how to structure data sources and setting quality standards for third-party feeds is a good practice to prevent potential issues later. Data acquisition (Platform): Securing continuous, real-time access to the right data signals requires identifying a technology platform able to both connect to your own internal data systems to pull in relevant data and ingest third-party data sources into a single data environment, such as iProspect’s FeedConnect and iActivate. Data management activation (Process): Connecting structured data to active media programmes can be challenging, as each platform has its own technical integration, and each channel its own requirements. For instance, paid search keyword campaigns typically call for short titles of products without brand names, while product listing ads and organic search require longer titles and descriptions. On top of technical know-how, it is important to include a complete testing strategy to make the most of each data signal in the feed and inform campaign management decisions, for instance, by factoring product seasonality to adjust bids throughout the year, or by including margin data to the feed to optimise against bottom-line performance.      Product-to-audience affinity is the future of structured data We believe the future of structured data leans toward optimising how likely a given audience segment is to purchase a specific product, and we predict there will soon be an opportunity to use additional data signals to maximise the affinity at the product level. It could mean using analytical data at the CRM and product SKU levels to determine which products drive the highest contributions to a consumer's lifetime value, looking at the types of products that most often drive a second purchase to boost them through advertising and drive customer retention, etc. For instance, a smartphone brand will be able to use structured data and feeds to increase the bid of ads featuring their most recent device - and not the bids for its entire smartphone range - when communicating specifically to early adopters.   The possibilities are endless, but it is crucial to coordinate between departments to create models with tangible applications.     This article is excerpted from the report Future Focus 2021: Brands Accelerated. Download it now for key insights on how brands can make the most of brand and performance to accelerate their growth. 0

6 mins read

Building Powerful Experiences to Capture Attention

Building Powerful Experiences to Capture Attention

Desire, confidence, shock, delight. Emotions play a critical – if not the most important – role in communication. They capture hearts and minds, build relationships, and urge action. Yet, according to the iProspect 2020 Global Client Survey, a third (34%) of marketers declare the lack of emotional connection is a challenge for increasing long-term consumer trust in their brand. Here are three inspiring and recent examples of companies embedding emotions such as excitement, fascination, and surprise at the heart of their communications to build attention-grabbing experiences.   Enhanced reality Brands able to add a new layer of reality to everyday experiences and provide a new perspective, as a result, can deliver a deep yet scalable immersion into their world. Not all experiences have to be grandiose and high tech - simple ideas with impeccable execution are often the best. To promote tourism amongst New Yorkers, the Austrian Tourism Board designed an immersive AR audio wherein Vienna’s most famous son, Beethoven, guided users through specific Manhattan locations that are related to Austria. Through the combination of geofencing, 3D sound effects, and exciting stories, people were able to discover the Austrian connection of locations such as Aldo Sohm Wine Bar, Café Sabarsky and Carnegie Hall. By letting New Yorkers experience their city in a whole new way, this campaign created five times more impressions through owned and earned media than paid media budget.   Where music and culture meet  Sonos have always focused on ensuring their products deliver greater sound quality than the competition and wanted to showcase this in a campaign that would deliver premium sound messaging through environments where music and culture meet.  To do so, Sonos used out-of-home (OOH) advertising to deliver visual impact across iconic locations with a connection to music such as the Opera station in Paris and the Hamburg docks. To own relevant cultural environments, Sonos also used OOH during an audio exhibit at Barbican station in London and around the major music complex Philharmonie in Paris. This OOH strategy increased aided awareness by 82%.  Additionally, Sonos partnered with popular podcast hosts, specifically those who were Sonos fans, to give authentic testimonials to their audiences about the sound quality of Sonos products. This strategy delivered a 19% uplift in consumers’ association of Sonos with superior sound quality and a six-fold increase in unaided awareness vs. control.  Sonos also created a bespoke “Brilliant Sound hub” on Amazon Prime offering discounts on select films with quality sound and connecting their brilliant sound proposition with the big screen. More than 40% of Prime users clicked to view the hub, and that increased consumer searches for Sonos products on Amazon.    Multi-sensory experiences As most brands mainly rely on visual cues to communicate their messages, the ones leveraging other senses as well stand a much better chance of creating deep-rooted memories. Sound drives brand recognition like nothing else, while smells are a shortcut to emotions. Hendrick’s Gin wanted to offer a surprising and refreshing detour to Londoners during the dullest time of the day: their commute. The brand used a 1,000-square-metre vinyl wrap to cover the floors and walls of the 74-meter-long tunnel in the capital’s busiest station with illustrations from its imaginative world, such as floating beluga whales, hot-air balloons, and dapper gentlemen atop unicycles. The installation featured 20 scented posters immersing commuters in Hendrick’s signature scent, a rose-and-cucumber infusion. More than 400,000 people experienced this multi-sensory and distinctive campaign, and five times as many through the pictures shared on social media by delighted commuters. Guides such as Lonely Planet even featured the experience as a must-visit in the city.     These examples show how brands can build powerful experiences to capture the attention of new and existing consumers. By combining emotional value for people and fidelity to their brand territory, marketers can turn attention into memorable experiences that build their brands, one moment at a time.     This article is excerpted from the report Future Focus 2021: Brands Accelerated. Download it now for key insights on how brands can make the most of brand and performance to accelerate their growth. 0

4 mins read

Shoppable by Design

Shoppable by Design

According to the iProspect 2020 Global Client Survey, the main advantages of a better integration of brand and performance are a more effective measurement of marketing ROI (60% of respondents), more consistent consumer experiences (54%), and more efficient touchpoints that build customer relationship (38%). On the flipside, one out of two marketers (51%) sees the difficulty in measuring the contribution of brand initiatives to business performance as a key barrier to brand and performance integration.   In the context of less predictable shopping patterns, a shoppable-by-design approach, wherein brand interactions offer consumers a convenient path to transactions at any given time, can help marketers make the most of both their brand and performance efforts to elevate the consumer experience, maximise impact and track business results.   Shoppable media connects brands and commerce Shoppable media is nothing new for digital advertising which has embedded interactivity since its infancy. One could also argue that traditional channels have had shoppable mechanisms for a long time (e.g., newspaper coupons, direct response TV). However, technology is now driving an acceleration in this space, bringing commerce features to media without compromising brand experiences. All the main digital platforms have recently intensified their efforts to create more shoppable formats. For instance, people can now use the Google App to simply tap and hold any image in order to shop the exact item featured in the image or similar items. On YouTube, brands can pair their video ads with a browsable catalogue, so that while the video showcases the brand key message, the catalogue facilitates navigation towards the product page that matter. The TV industry is also active in this space, and networks have been leading the charge. Following the launch of ShoppableTV (a QR code-based solution for letting viewers shop products featured in shows they’re watching), NBCUniversal has announced Checkout, a unified shopping cart across its TV and digital properties, and recently partnered with PayPal to facilitate payments on the platform. TV manufacturers are keen to get their share of the shoppable media pie as well. For example, LG has announced a solution powered by artificial intelligence enabling its clients to easily purchase what they see on screen. These types of solutions could improve how brands measure the profitability of product placement and TV ads, and lead to new product personalisation opportunities (e.g., selling a limited edition tailored to what is happening on screen). In the long run, they may also change the nature of TV investment through the development of commission-based business relationships alongside the more traditional GRP-based trading. In the meantime, brands should focus on collecting insights through testing and building consumer habits through clear instructions when content is shoppable.     Livestreaming reinvents TV shopping channels for the digital age Today, the most dynamic place for creating shoppable-by-design brand experiences sits at the intersection of social platforms, influencer marketing and livestreaming. By combining the unique strengths of these three channels - collective experience, personal touch and sense of urgency - brands have a powerful recipe at their disposal to boost their commerce strategy. The most emblematic example of this convergence is TikTok, which has seen a spectacular audience growth over the last twelve months and is now expected to join the very exclusive club of +1B monthly active users in 2021. The platform has rolled out a series of shopping features that natively fit the content from creators, such as Shop Now buttons, shoppable livestreams with in-app transactions, and shoppable ads in partnership with Shopify - all of that while topping the other major digital platforms in terms of ad equity according to Kantar. It is no surprise that brands targeting Gen Z are investing in TikTok. For instance, Levi’s tapped into the #oddlysatisfying movement and partnered with TikTok influencers to create customised denim products that consumers could buy for a limited time. Livestreaming is an important growth opportunity for brands selling through third-party commerce platforms as well. In China, Taobao Live (Alibaba Group’s livestreaming channel) alone generated roughly $48B in gross merchandise value in twelve months. In Japan, the department store Isetan used Instagram and YouTube livestreams to introduce products to a user base larger than what would show up in-store. As livestreaming continues to grow, marketers should explore how they can make the most of this format that connects entertainment and commerce to design experiences improving both the image and sales metrics of their brands.   Technology advancements prefigure better shopping experiences The future of online shopping has never seemed so bright. Many of the technologies that were much anticipated over the last years are finally getting into consumers’ hands, opening new commerce possibilities for brands. Certainly, the most discussed is 5G, and, to a lesser extent, Wi-Fi 6. As coverage increases and the list of compatible devices grows, consumers are starting to experience these new networks that promise lower latency (e.g., enabling better livestreams) and higher reliability in environments congested with connected devices (e.g., enabling a smarter home). These improved connections could lead to smoother brand and shopping experiences, but they could also heighten consumers’ expectations, for instance, in terms of speed standards for brands’ websites and apps. Another exciting technology, Light Detection and Ranging (LiDAR), is gaining increasing attention. It uses laser pulses to scan the environment around the device and create high-fidelity three-dimensional maps. While most of its applications to date have been reserved for professionals, it is now literally at our fingertips, with the latest iPhone flagship models featuring a LiDAR scanner. For consumers, it is an opportunity for more accurate augmented reality (AR) experiences, which can help visualize items at scale before purchasing. For instance, Apple announced that the IKEA Place app (which enables users to place furniture in their home in AR) will feature a new Studio Mode harnessing its LiDAR scanner. Tech platforms are also seizing this opportunity, with Snapchat now enabling brands to create LiDAR-powered lenses. These examples are only a glimpse of the various technologies that already, or will soon, make it easier for consumers to shop and easier for companies to create compelling experiences that bring brands and commerce together. Now is a good time for marketers to examine how they can make the most of these opportunities in the near future to bolster their commerce capabilities.     This article is excerpted from the report Future Focus 2021: Brands Accelerated.  Download it now for key insights on how brands can make the most of brand and performance to accelerate their growth. 0

6 mins read

Inclusivity Drives Attention

Inclusivity Drives Attention

One of the most important considerations in building experiences that truly capture attention is to make sure everyone feels included. It may sound obvious but is yet to be a reality for many population groups, despite their growing economic influence (in the US alone, the buying power of racial and ethnic minority groups is close to four trillion dollars). Like attention, diversity and inclusivity should not be taken for granted and require continuous effort. Brands have a critical role to play in that space. According to dentsu and SeeHer, 81% of US consumers agree media plays a crucial role in shaping gender roles, but less than a third (32%) think media usually portray women accurately.     A pivotal moment in time 2020 has been pivotal in allowing many to realise for the first time the disparities endured by minorities. The COVID-19 pandemic has hit minorities hardest and several tragedies in the US such as the murder of George Floyd have spotlighted systemic discrimination against people of colour. The global public outrage that followed made waves across all aspects of society, including consumption, through movements such as #BlackoutDay2020, and brands, with many major companies publicly confronted for the lack of diversity in their boards.   Brands can no longer neglect diversity and inclusivity. It may lead to uncomfortable realisations, difficult conversations and mistakes along the way, but embracing inclusivity is now an imperative for brands to become or stay relevant to population groups that have been overlooked for too long.     There has been progress, but the road to diversity and inclusivity is still long. According to the iProspect 2020 Global Client Survey, 96% of marketers now believe inclusive marketing is important, most of them (63%) seeing it both as a moral imperative and a business opportunity. Interestingly, the percentage of marketers who believe it is only important for the business potential it represents is decreasing (-7% YOY), while the percentage of respondents seeing it as important solely on moral grounds is increasing in the same proportion. It could be a sign that more companies are growing more comfortable with embracing a societal role.     Reflecting on the campaigns they ran over the last six months, 55% of marketers declare they featured people from a different ethnicity/caste than the dominant one in their market at least once in a positive way. This increasing figure (+3% YOY) could hint that the increasing visibility of movements like Black Lives Matter progressively change perceptions and actions around social justice.   However, not all population groups follow the same trend. For instance, we observe the percentage moving down for people with disabilities (-4%), which makes them underrepresented compared to the global share of people living with some form of disability (15%).   These figures show that, although inclusive marketing is gaining traction, there is still a lot left to do to improve the visibility of minorities in media and advertising and to build authentic stories that accurately reflect minorities’ experiences. Although there is no inclusive silver bullet, there is definitely a starting place: the diversity within the organisation. Building inclusive marketing campaigns requires inclusive marketing teams wherein diverse voices can be heard. This is a sine qua non condition for brands to resonate with all their potential customers.     The fight against bias   Bias is everywhere in society, and technology and data are no exception. Far from being neutral, technology and data can perpetuate and exacerbate disparities, prejudice, and discriminatory patterns. Many fields at the core of data marketing can be subject to bias, from insights to algorithms to targeting and performance analysis.   However, tackling bias is a difficult challenge as it can appear in many forms and on multiple occasions. It can be intentional (e.g., a decision to exclude a certain ethnic group from a campaign) or unintentional (e.g., combining multiple data targeting dimensions such as income and location that could de facto exclude minorities living in certain areas). It can play out at an individual level (e.g., due to the personal values of an employee) or at a company level (e.g., due to a lack of diversity in a product development team). It can stem from organizational inertia, negligence, or ignorance. (e.g., if a community was never targeted by the brand, a predictive model using historical data can incorrectly conclude the community is less likely to purchase its products and thus that the brand should not target this community in the future). It can emerge from within or be imported into the organisation (e.g., by using incomplete or poor-quality data from third parties). It can be a combination of the factors listed above and more, which makes bias detection even harder.   Because of the omnipresence of bias across organisations, it is crucial for companies to actively seek to identify and eliminate bias through various, overlapping strategies.   According to the iProspect 2020 Global Client Survey, a majority (52%) of marketing teams are now diverse and inclusive (+9% YOY). This is an important milestone as minority groups should not only be visible in consumer personas, but also around the marketing table.     Guidelines and best practices on diversity and inclusion are the second option favoured by brands (44%), followed by multidisciplinary bias training (32%, +8% YOY).   From the results, it seems that brands are increasingly concentrating their efforts on the people within the organisation (e.g., through recruitment, training, committees) to drive change, rather than relying on external partners or focusing on processes. However, the latter should not be overlooked. An external perspective can be useful for organisations to look beyond their filter bubble (e.g., through advanced analysis of data and algorithms, hiring process testing, or consulting on website design accessibility), and a systematic audit of product development and marketing campaigns can prevent oversights.   Marketers should keep in mind these additional considerations to reduce bias specifically in data marketing: As with the move toward privacy and Intelligent Tracking Prevention (ITP), the fight against bias calls for better data. Question the quality of the data you use in your marketing campaigns to prevent bias from spreading into data-powered activities. Your teams are not the only ones who should have frequent bias training. Your predictive models should be retrained regularly as well to learn from new, real-world data. Tools such as the AI Fairness 360 by IBM and The Linux Foundation can help you understand the bias in machine learning models. Keep investing in diverse teams. Human critical thinking is an essential safeguard to remove blind spots automation can generate.     This article is excerpted from the report Future Focus 2021: Brands Accelerated. Download it now  for key insights on how brands can make the most of brand and performance to accelerate their growth. 0

6 mins read

dentsu bolsters global media offering by bringing together iProspect and Vizeum brands to form future-focused iProspect brand globally

dentsu bolsters global media offering by bringing together iProspect and Vizeum brands to form future-focused iProspect brand globally

London, Jan 12th - dentsu today confirmed its intent to integrate iProspect and Vizeum to create a new, future-focused, end-to-end global media agency under the iProspect banner. By integrating these two award winning agencies, dentsu brings Vizeum’s media strategy and planning, storytelling, and brand building capabilities together with iProspect’s digital expertise, audience knowledge, and performance mindset. Clients will have access to the unique capabilities of both agencies, all from one integrated team leading the new territory of performance-driven brand building by delivering digital-first media strategies underpinned by data and technology at every touchpoint in the consumer journey. The new iProspect media agency will draw from the broader dentsu capability set, allowing clients the flexibility to seamlessly build bespoke and specialised teams with resources from across the network. Clients will gain access to expansive new audience insights, integrated and more effective strategies, market-leading planning and activation, and unparalleled business performance. Carat and dentsu X clients will continue to access industry leading digital performance services through our dentsu Media Scaled Services. The new iProspect entity will be led by Global President Amanda Morrissey, bringing together more than 8,000 media and performance specialists across 93 key global markets. “iProspect is designed for clients at the intersection of brand and performance. We believe brand drives performance, and performance drives brand. We no longer exist in an ecosystem where these elements can be planned and bought separately. We must look at business and brand goals through a combined lens, bringing accelerated growth for our clients,” said Amanda Morrissey, Global President, iProspect. “By focusing on how consumers behave in their digital world and applying that to real world scenarios via a highly connected and creative use of all channels, we position our clients to combine the learnings from the short and long term to drive more effective business growth today and tomorrow.” Peter Huijboom, dentsu international Global CEO Media & Global Clients, said, “At dentsu our goal is to help our clients to make meaningful progress and thrive in a world of change. Because we know people better than anyone else, we deliver human-centric solutions designed to drive growth for our clients and good in society. By bringing iProspect and Vizeum together we are creating a global digital-first, end-to-end media proposition. This will give our clients a scaled choice that sits alongside Carat’s brand-first approach and dentsu X’s experience-driven approach while also allowing greater access to our Creative and CXM service lines.” The new agency will now be launched through a phased market plan over a three-month period with a target completion date of 31st March 2021. This integration is a proof-point of dentsu international’s strategy to simplify how it operates to deliver even greater agility and flexibility for clients through a more focused portfolio of six leadership brands. Content 0

3 mins read

INTRODUCING A NEW iPROSPECT

INTRODUCING A NEW iProspect

Hello and welcome, I have the great pleasure of introducing the new iProspect, a brand new digital-first media agency which will define a new era of performance-driven brand building at a global scale. As Global President for iProspect, I’ve been fortunate enough to have a front row seat at the creation of this new agency as we’ve fused together skillsets, teams, and resources into something new and something different, with enhanced capabilities to accelerate our clients’ brand growth.  The essence of this new agency and its people is rooted in a single, fundamental belief: We are an agency where the promises of tomorrow are our building blocks for today, where uniting performance and purpose creates brands that can change the world by getting better one moment at a time. Simply put, iProspect is a new agency born at the intersection where the science of performance marketing and the art of brand building come together.  This unrivalled perspective, grounded in deep digital specialism, married with brand building strategic firepower enables us to optimise in real-time and with precision in order to accelerate brand growth in the short and long term. And, we can do all of this at scale. At iProspect we focus on how consumers behave in their digital world and apply that to real world scenarios via a highly connected and creative use of every media channel.  As digital specialists, our perspective allows us to rapidly optimise our work and adapt to ever-evolving human intent at those pivotal intersections in life where culture, content, data, and technology meet. We also understand people are different and behave differently the world over and it is through rich insights and our network of iProspect and dentsu teams globally that we can adapt, flex and scale to meet unique client, consumer and market demands.  We are an inter-operable organisation which builds solution-orientated teams via our agile teaming platform, underpinned by data and technology enabled infrastructure.   The heart of this agency is our immensely talented people and their unparalleled understanding of media, of local culture and, of course, their clients. We have built our new brand working with teams in more than 90 markets to ensure we have both global consistency and also local relevancy in everything we do. In short, this new iProspect is powered by our shared passion and restlessness to create momentous work which makes us proud, transforms brands, provides effective business growth, and sets us on a path to change the world by getting better one moment at a time. We want to drive growth for good through our commitment to a fairer, equitable and sustainable society that works for everyone. We are a different type of agency built for the future.   Amanda Morrissey 0

3 mins read

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