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) 0

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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. 0

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

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Google just became Amazon's biggest competitor

Google just became Amazon's biggest competitor

Google is reinvigorating their marketplace product Buy on Google (formerly called Shopping Actions) by removing commission fees and giving control of the brand experience back to the hands of merchants. These updates represent a direct effort to compete with Amazon and evolve Google’s online shopping experience at a time when people are shopping online more than ever due to COVID-19 closing down physical stores and altering consumer habits.   The announcement made last week highlighted several major changes. Google showcased new payment service platform partnerships with PayPal and Shopify and also expanded data feed integrations within Merchant Center. Google also passed back responsibility to brands for managing customer support, shipping, and returns. Finally, Google has even created a solution which builds feeds directly from Google’s own database.   Buy on Google will disrupt small and large retailers.  A streamlined checkout process has several highlights that are covered in a bit more detail below. 0% commission fees: This is a major change which will encourage all retailers to rethink their Buy on Google strategy.  A comparison that highlights the magnitude of this change:  Previous commission rates on Shopping Actions for apparel product categories was 12%! Updated merchant and financial requirements: The requirements to sell on Shopping Actions are now gone and Google is pulling out all the stops to remove excuses for brands to not onboard. Marketers no longer need a US bank account after linking to GMC with an approved payment service platform account (PayPal and Shopify, to start with). Barriers of entry have been removed: Google has relinquished complete control of payment transactions, managing customer support, as well as returns & shipping. Returning ownership of important brand-owned processes back to the retailer shows that Google is confident in brands meeting customer expectations for purchases made on Google Shopping. Product feed integrations: Google Merchant Center is supporting non-Google product feed uploads, by their greatest ecommerce and marketplace competitor - Amazon. Focus on supporting small businesses: Consumers will soon be able to filter and view products sold by small business merchants specifically.   What was missing in the announcement Google has been slowly rolling out new features and updates over the past several months around other organic and unpaid feed-powered listings. Retailers activating on the Buy on Google program can also opt-in at the same time to these free Google products listings called Surfaces Across Google. The same product feed powers both programs so merchants not only have commissions removed for Google’s marketplace but their catalog will now serve across multiple shopping experiences without paid media.  We predict that in the near future to see Buy on Google checkout options begin to show on organic search results, such as on the Knowledge Graph - a previously paid ad listing placement. While this experience is what we expect next, the details still follow suit on aggregating paid and free product listings to their specific ad placements across Google properties. Shopping Actions:  A solution in search of a problem...until now The Google marketplace (Shopping Actions) has struggled to burst through the bubble of mass adoption by merchants with spending the last seven years expanding and rebranding the program. The removal of commission fees is a unique value proposition and explicit advantage against marketplace rivals like Walmart and Amazon, but also a deep benefit for small businesses that started digital ecommerce on eBay and Etsy. The payment system partnerships have made up for years of minimal merchant integrations. To compensate and attempt to counter Amazon’s two million+ small businesses already selling on that marketplace, Google chose to integrate the Amazon catalog into Google Merchant Center. This has never happened in the history of Google and is unprecedented. What Google now has is a data set of product information far more robust than their own catalog. Shopify has a small business customer base of one million (and growing) on the platform which now brings a larger assortment of products, and new small businesses that have minimal reason to not now sell on Google marketplace. What does this mean for your business? Brands who have refused to launch on marketplaces like Amazon now have minimal hesitation to begin selling on Google. Nike has refused to sell on Amazon for some time due to not being able to own the customer experience. Brands should focus on evaluating their media plan and product feed strategy. This would entail identifying product lines, seasonality SKUs, and less profitable products to be specifically assigned as eligible to serve in a marketplace, organic/unpaid listings or paid campaigns. This granular setup is especially important due to limited reporting features and forecasting features within the Google Merchant Center--feature gaps which will hopefully be addressed by Google in the future. Google is placing a strategic bet on small businesses to lean into their marketplace by removing commission fees and reducing barriers to entry. These changes were driven by Google’s Bill Ready, a former PayPal executive, executive leader at Braintree & Venmo, and supporter of small business commerce for over a decade. When it comes to steering a ship such as Google marketplace in a new direction, his vision shows the understanding of how small businesses are driving the future of marketplace commerce. However, even if the primary focus of these changes appears to be small businesses, if large brands don’t take the time to review their current Google Shopping approach and leverage these new features, they will be the ones missing out on a major commerce opportunity during this coming holiday season. 0

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The Transformation to Free Product Listings on Google Shopping

The Transformation to Free Product Listings on Google Shopping

An evolutionary change for Shopping Ads on Google is upon us, yet many searchers will never notice the difference. For the first time since Froogle, effective immediately, Google is allowing unpaid product listings on its “shopping properties” (the Google Shopping Tab). You heard that right, free product advertising on Google Shopping! No need to create a new feed, just ensure you are opted-in to “surfaces across Google”. Why make this change? The answer is two-fold. In the short-term, amidst this COVID-19 pandemic, Google wants to help businesses combat the decline in brick and mortar sales. This change offers all brands the opportunity to sell on Google Shopping, without the need for investment in ad spend. The update was scheduled for later in the year and would have most likely been a slower roll out, but in response to the challenges in the retail sector due to the coronavirus pandemic, Google advanced their plans. From a long-term perspective, this is the next phase in competing with Amazon. Products on Google Shopping are no longer limited to brands with big budgets, allowing new and unique products to be displayed, which may better suit consumers' needs, creating an improved user experience and increasing the likelihood of a purchase. In addition, Google added PayPal to its list of eCommerce partners, opening the door to future advancements and the possible expansion of “Buy on Google”, a feature where the user completes their purchase without ever leaving the Google Shopping property. Via increased relevancy, increased conversion rate, and decreased barriers to entry, Google is hedging their bets that over time, this will create a behavioral change away from both their large eCommerce competitors and their new social eCommerce competitors. For the consumer As a result of the lowered barrier to entry for retailers (zero cost), consumers will get more choice in product selections due to the increased number of brands on the page. However, there is another factor which increases consumer choice. With large retailers, typically, only about 30% of their feed inventory is displayed due to the nature of Paid Advertising and the drive for efficiency in spend. For the other 70% of inventory, the performance metrics simply did not make Google Shopping a viable solution. For example, the cost of listing a $4 nail glue in Google Shopping outweighs the potential profit so advertising would need to be paused. However, Unpaid Product Listings open up this 70% of inventory as there is no cost. The consumers truly benefit from this update, getting more variety both in overall brand as well as individual product selection. But what does this mean for you as a retailer? There will be an impact to Performance, Reporting, and Optimization, but it is up to you to ensure it is a positive impact. Performance – The Paid Media real estate on Google Shopping properties will be dramatically reduced. Similar to the removal of the right rail ads in 2016, we can predict that this will lead to instability in product visibility (ad position and impressions) and inflating CPCs, as advertisers battle for the limited ad slots which remain. These limited ad slots will be housed in their own carousel at the top of the page while the new organic listings will populate underneath. However, it is worth remembering that there is now an abundance of free listings to take advantage of, so the potential increase in CPC will likely be offset by the free clicks elsewhere on the page. Additionally, as it stands, the majority of paid traffic still flows via the traditional SERP on Google.com, which remains unaffected by this change. With new products, more choice, and possibly lower price points, CTR could potentially drop. Google’s plan is to increase product relevancy for the consumer by allowing free product listings thus directly competing for that all-important “click”. While CTR is an advertising metric, what you, as a retailer, truly care about is qualified site traffic. This change may allow your brand to serve in both a Paid slot and a Free slot, therefore increasing the likelihood of incremental site traffic, offsetting any decrease in CTR. Also, at the present time, the majority of traffic is via the SERP which remains unaffected. Reporting – Currently, reporting for the Unpaid Product Listings sits within Google’s Merchant Center and exclusively focuses on clicks. For tracking and analysis purposes, you will likely want to enable auto-tagging or build custom click parameters. It is important to note that organic clicks will be aggregated together in one-line item. Google is working on the ability to segment data by category, product, and brand. As Google Shopping becomes more comparable to marketplaces like Amazon, it will be beneficial for retailers to aggregate metrics to share insights and inform strategy. Reporting will remain challenging in the short term. However, we must bear in mind this was an accelerated roll out by Google and that more functionality is to come over the next few weeks and months. Optimization – This update opens the doors to a new and exciting world of Shopping Feed SEO. Like Google Shopping Ads, these new unpaid listings will be powered by a product data feed managed through Google Merchant Center. We previously mentioned that CPCs are likely to increase, CTR may possibly decrease, and the best way to combat these from an overall business perspective is by maximizing visibility in the unpaid slots but this is a challenge without a robust data feed solution. The quality of your product data (paid and organic) is directly correlated to higher visibility on the SERP so your feed set-up matters now more than ever. A “functional” feed is not enough to drive success. But what differs between a functional feed and a best-in-class feed? Merchant quality, product data quality, and user engagement are three of the most important factors, but are also just the tip of the iceberg. From an Organic and Structured Site Data standpoint, there are a few elements that should be considered essential: ● The feed should use only Canonical URLs to avoid pulling information from the wrong version of a page. ● Schema Markup should be utilized and must match the contents of the page. ○ Pricing Schema should be considered, especially for any sale price items Retailers need to consider developing a technology-based frame of thought that outlines a strategy to achieve performance goals, layered into the role and impact of data feed solutions to arrive at that destination. While we expect results of this evolution in Google Shopping to be relatively small in the short term, we believe Google will now look to establish innovative ways to increase traffic, thus increasing the impact, both positive and negative. Unpaid Product Listings are valuable for Google, helpful for the consumer, and can be beneficial for brands as long as marketers monitor performance, optimize toward the data, and increase focus on feed based optimization. Amend these practices immediately to future-proof yourselves and truly reap the benefits. 0

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XYZ 世代都踹共!安布思沛推出原創節目《iPTV》型塑公司文化 94 狂

XYZ 世代都踹共!安布思沛推出原創節目《iPTV》型塑公司文化 94 狂

iPTV 豐富多元變化的節目內容 電通安吉斯集團 (Dentsu Aegis Network) 旗下專注於提供全球數位績效表現的安布思沛台灣 (iProspect Taiwan),一直以來都認為「人」是品牌最重要的資產。根據英國專業會計員協會 (AAT) 調查報告顯示,有八成的上班族表示,在職場上同事間相處融洽最重要,而良好的溝通是減少摩擦的重要因素。由於安布思沛台灣團隊的平均年齡相當年輕,因應數位時代的變化,與這群新世代員工的溝通方式必須有所轉換,而非使用過去傳統你說我聽的單向溝通方式。 人家說年輕世代就是影音世代,短影音、YouTuber、直播的崛起,完全說明新世代的變化,品牌必須學會新的溝通方式,才能與新世代對話。因此安布思沛台灣為促進公司跨部門交流、同事間互動,推出了品牌原創節目 – iPTV,透過節目趣味的方式傳達公司核心理念,幫助員工了解公司願景、數位趨勢、認識主管與人才等,強化人與人、主管與下屬、部門與部門之間的溝通。 安布思沛台灣執行長蔡秀麗 (Carrie Tsai) 表示:「安布思沛始終講求真實、透明,自製 iPTV 節目是一個提供年輕人想法交流的平台,也是讓他們展現自我的舞台。放手讓大家學習承擔責任,讓年輕人用自己的語言及表達方式與年輕人對話,我相信跨世代的溝通會更有效並充滿樂趣。」 iPTV 3.0 版全新節目主持陣容與單元 iPTV 自 2018 年 7 月首播,比擬帶狀電視節目,每雙週五於 YouTube 頻道及公司電視牆播出。節目從內容規劃、腳本編寫、尋找演員到拍攝剪輯配音,完全 100% 由安布思沛台灣 iPTV 製作團隊一手打造。iPTV 不僅由員工發想內容,節目中也有許多專訪人才、突擊訪問同事看法的內容規劃,我們也嘗試與暑期實習生合作,放手由他們策劃 iPTV 節目內容,透過 Z 世代的角度製作出突破以往的影片,證實讓年輕人擁有展現自我的機會,能感受到自己對公司是真的有影響力。 節目開播至今共播出 29 集,受到許多同事喜愛,為迎接滿一週年,節目全新改版升級,不僅於公司內部以星探方式挖掘適合人選來面試主持人一角,主持人更由原本一人獨挑大樑升級為多人主持團隊陣容,在節目內容上將走向深度探討公司議題及了解員工心聲。希望藉由全新改版節目,幫助同事們對公司價值觀及文化的理解,了解不同角色的觀點,並成為公司與同事間的雙向溝通平台。除此之外,節目原先僅供內部員工觀看,未來將規劃對外公開部分內容,讓大眾能更進一步了解品牌核心價值以及真實的安布思沛台灣,請大家敬請期待! 0

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