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Future Focus 2019: Searching for Trust
In Future Focus 2019, we examine how brands that are built on credibility, relevance, and reliability will see trust as the very foundation for their success in the digital economy. The digital economy has brought new opportunity for development and innovation in every business sector. While the majority is “good innovation”, we continue to see a significant gap at a societal level, driven by a continued disparity in access to technology based on socio-economic factors. In today’s hyper-sensitive media landscape, how should brands and publishers navigate the notion of truth and authenticity? We interviewed more than 300 global marketers and leaders across a broad spectrum of brands, including FTSE 100 and Fortune 500 companies, and used the real-time responses to outline key insights and priorities necessary for businesses to thrive in our fast moving, high expectation digital economy. Feedback shows that trust is at the forefront globally with 88% of marketers making trust in their brand a priority in 2019. Marketers see gaining consumer trust as vital to business growth with 76% stating that trust is important to keep consumers buying their brand. Digital will play a clear role in this with 60% believing that the rise of AI will increase consumer trust as it allows for more relevant and personal experiences.83% don’t believe brands will dominate over convenient experiences in the future 83% don’t believe brands will dominate over convenient experiences in the future 62% don’t have a proactive role in approaching online reviews, although they think reviews represent the greatest risk to consumer trust 62% say the quality of their purchase experience and after-sales service will be a priority for 2019 69% think the rise of digital assistants represents an opportunity to become closer and develop stronger relationships with consumers The report also includes exclusive interviews with global leaders from businesses, such as The New York Times Company, IBM, Microsoft, Hilton, The Economist, Rachel Zoe, Inc., IKEA, and AccorHotels. Chapter One: Credibility in the Age of Doubt Outlines the role of purpose in the digital economy and how immediate benefits for brands will be bestowed to those who can use digital to build and reinforce their credibility in the eyes of consumers. By protecting the integrity of their brand online, communicating their values, and leveraging the power of technology, brands will see a steady increase in trust of their brand. Includes exclusive interviews with: Mark Thompson, CEO and President, The New York Times Company, on leading the battle against misinformation and fake news. Armin Molavi, Interim VP Media, Hilton, on trust in the travel industry, social responsibility and the new place for data. Mark Cripps, Chief Marketing Officer, The Economist, outlines opportunities in the new value exchange and the notion of being data-responsible. Chapter Two: Relevance in the Age of Noise Explores the rise of shrinking consumer attention and an increasingly fragmented consumer landscape. Successful brands will be those who focus on relevant experiences, outplay the influx on digital content, and make the most of the Assistance revolution. Includes exclusive interviews with: Vanja Mlaco, Digital Growth Strategist, Transavia, on the importance of putting the consumer ahead of conversion, and using technology as a goal, not a means to an end. Carrie Seifer, Vice President and Chief Revenue Office, IBM Watson and Weather, on the unstoppable rise of AI and how trust and transparency must underpin all action. Laurent Tiersen, Country Marketing Manager, IKEA UK & Ireland, on the constant focus on staying relevant to their customers. Jonathan Foster, Principal Experiences Manager, Microsoft, on how he builds Cortana, using personality goes a long way to building trust, and using art to show humanity to humans. Chapter Three: Reliability in the Age of Convenience Focuses on the rise of convenience as it intersects with the more traditional power of brand, and highlights the subtle balance between building brands and designing highly convenient solutions. Successful companies will dominate by focusing on the convenience of their digital properties, media assets, and presence on third-party reseller platforms. Includes exclusive interviews with: Antoine DuBois, SVP Marketing Global Strategy, AccorHotels, on the convenience, artificial intelligence and the war for talent. Rachel Zoe, CEO, Rachel Zoe Inc., on navigating the rise and influence of digital in the fashion and luxury landscape, and why adaptability is key. DOWNLOAD THE FULL REPORT Trust. It's not an issue; it's the issue. 0
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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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