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The five digital trends that will shape your yearIt is widely acknowledged in our circle that the world of advertising and marketing is shifting faster than ever, as political, economic, technological and social change assault South Africa's favourite brands. ![]() Tom Fels Two or three years ago, these same brands walked a well trodden path, growing safely and stably. The question confronting them today, is what move to make, not whether to make a move at all – as failure to chart a new course will soon see them facing an unappealing Mexican standoff with consumers asking for more. With so much at stake, and so much change to consider, here are some of the trends that are re-writing the rule books for 2017: Brands as the voice of social changeMany successful brands have shifted from marketing to the people, to marketing with the people. Continued compassion and empathy toward causes that consumers hold dear will provide greater sources of resonance as clearly articulated brands create strong tribes of advocates rather than broad swathes of middle-of-the-roaders. More so than ever, purpose-led communications will be the linchpin of standout brands venturing into this uncertain future. As an international yet relatable example, watch how this recent Chipotle piece does an amazing counter-culture job of making a statement for its belief in ‘cultivating a better world’, following its 2016 viral hit “The Scarecrow”. Standing out in a digital democracyMore and more the voice of the people, digital communications continue to change the game in four key areas that affect brand owners:
Media guided by measurablesAs economic prospects waver, emphasis is shifting into sure-bet media channels where targets can be identified, spend can be manipulated and sales can be tracked on a granular level. Continuing the deepening trend toward online media consumption, mass-customisation of communication will be further enabled through clever programmatic buying and personalised content creation. Metrics will more than ever guide creative strategy, audience segmentation, content planning and an always-on approach to campaigning, rather than the calendar-based view that we’ve become accustomed to. We can expect TV and high value traditional production mediums to come under fire as hefty media costs and associated ‘wastage’ come under the spotlight. The specialist agency gains momentumArguments for the separation and consolidation of specialist talents within ad groups has long raged, yet two trends are becoming clear:
Performance based remunerationOver the past decade, the prospect of part performance-based remuneration has lingered, but certain intangibles have left marketers and agencies unable to come to widely accepted terms on how such agreements should be structured. Still, in 2017 you can expect continued pressure for agencies to adopt a portion of risk related to their delivery, the golden question being what the corresponding upside might look like for agencies that deliver exceptional results to their clients (and how ‘exceptional’ will be measured). Never a dull momentWith all this in mind, we are strapped in for another exciting year, full of change, full of challenges. As an industry in flux, there will be opportunities aplenty and (you can bet your bottom dollar), risks to navigate. About Tom FelsTom launched Nurun into South Africa in 2016 and is most interested in leveraging technology to drive business results. Intent on creating real value for his clients through innovation, Tom holds relationships with a number of local and international blue chip clients. Prior to this, Tom was instrumental in the growth of Publicis Machine as group managing director... View my profile and articles... |