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Yesterday — 22 December 2024Main stream

Marketers may become part of the culture war — even if they didn’t intend to be

22 December 2024 at 21:01

The polarization of the country has been in sharp focus for some time, especially the second half of the year. That polarization isn’t new: There’s been a brewing — some might say bubbling or even boiling — so-called culture war for years and it’s spewed far beyond the political realm to become a norm that marketers have to contend with for their brands. 

As consumers put brands’ advertising and marketing messages under a microscope, looking for any hint that a brand is making a statement one way or another in the culture war, in which everything is looked at through a political lens, marketers have to be keenly aware of how anything they put out in the world could be interpreted — or misinterpreted. It’s a consideration that marketers and agency execs are aware of with some more vigilant and more worried about potential backlash than others. Getting messaging right is more important than ever as consumers pay closer attention to brands and there is potential for backlash.

What do we mean by brands at the center of a culture war? Let’s recap some recent examples. Jaguar’s rebrand was dubbed “woke” by several publications and incurred ire from consumers that they were making a statement of some kind that their brand may not have intended. Volvo, meanwhile, was recently celebrated for what has been described as a “pro-family” ad with a spot that was typical bread-and-butter storytelling for the carmaker. Another ad from Apple was also dubbed as “pro-family” and celebrated. Again it was standard fare for advertisers.

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Before yesterdayMain stream

Uncertainty over TikTok’s U.S. future splinters creators and agencies

19 December 2024 at 21:01

With TikTok’s potential U.S. looming ban as early as January, creators and agencies are split: some see it as inevitable, while others are convinced it won’t stick.

The rift has simmered since TikTok’s future was first questioned but has only intensified as the stakes climb — highlighted by the Supreme Court’s decision this week (Dec. 19) to take up the app’s appeal against a U.S. law that could pull the plug next month. 

As organizations put contingency plans in place, some creators and marketers say they aren’t all that worried about TikTok getting pulled. 

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LinkedIn accelerates its pitch to B2B marketers with AI-powered ad tools

17 December 2024 at 21:01

LinkedIn may be chasing the deep pockets of mainstream brands these days, but it’s not neglecting the lifeblood of its ad business. B2B companies are still front and center of its latest market pitch. 

Specifically when it comes to its own AI-powered campaign tool Accelerate. Unlike the offerings from Google and Meta, this tool is designed with B2B marketers in mind.

As LinkedIn’s vp of product management, Abhishek Shrivastava, explained: “B2B marketers have to make do with how to fit their own needs into the existing B2C tools.”

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How Perplexity calculates publishers’ share of ad revenue

16 December 2024 at 21:01

AI search engine Perplexity introduced a new revenue share model back in July, amid the wave of deals between AI tech companies and publishers this year. But the way Perplexity is sharing ad revenue with publishers depends on a number of factors, according to information from Perplexity and conversations with five publishing execs, who declined to speak with attribution.

Here’s how Perplexity calculates revenue share for publishers: A publisher that is formally part of Perplexity’s program receives a certain percentage of the revenue Perplexity makes from an ad served in a response to a user’s query, when one of the publisher’s webpages is cited as a source for that response. (Perplexity has said 20 publishers have signed up).

But that range for each publisher varies, up to a double digit percentage, said Jessica Chan, head of publisher partnerships at Perplexity, who did not provide exact figures. That revenue increases for a publisher based on the number of links cited.

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Marketers prepare for a world without TikTok as ban nears

15 December 2024 at 21:01

TikTok’s turbulent year in the U.S. barely rattled marketers — until now. As the app enters its final countdown, marketers are taking the ban more seriously than ever because it’s looking increasingly like TikTok, at least in its current guise, is on borrowed time.

Earlier this month, the app’s U.S. prospects hit a new low. A federal appeals court ruled that national security concerns outweigh First Amendment protections, forcing ByteDance to divest TiKTok if it wants to remain in the market.

Although TikTok plans to appeal, there’s no guarantee that the Supreme Court will take the case. Historically the court defers to Congress on national security matters, and a bipartisan coalition has framed TikTok as a risk to Americans’ data privacy and a potential tool for manipulating its powerful recommendation algorithms.

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Data licensing lawsuit adds a legal wrinkle to Omnicom’s planned acquisition of IPG

12 December 2024 at 21:01

There’s been a lot of speculation about Acxiom’s potential role in Omnicom’s acquisition of IPG, but an ongoing lawsuit could end up a wildcard, depending on its outcome.

In a case against IPG’s data warehouse Acxiom and performance marketing agency Kinesso, legal filings in recent weeks give a timely glimpse into allegations of the IPG companies allegedly misusing data to build their Real ID identity-resolution product. The lawsuit, filed in April by data firm Adstra, claims Kinesso and Acxiom breached a master data-supply agreement and used Adstra data to create a competing product. It also puts Acxiom’s offerings under a legal microscope, which could reveal strengths and weaknesses not spun by corporate statements or marketing materials.

The case has the potential to shape where Acxiom and Kinesso fit into IPG and Omnicom’s plans to bolster their combined adtech stack with new options for alternative IDs. Acxiom’s identity-resolution products are seen as a cornerstone of IPG’s data strategy that could help it compete with WPP and Publicis. However, a court ruling in favor of Adstra could bring potential financial, operational, and reputational risks.

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Holding pattern: Omnicom, IPG and the deal that’s leaving marketers on edge

11 December 2024 at 21:01

Ever since whispers surfaced about Omnicom making moves to snap up rival IPG Ryan Kangisser’s phone has been practically vibrating off his desk for clarity on what this means for the industry.

As chief strategy officer at Mediasense, the media advisory firm tasked with untangling this industry’s endless plot twists, he’s someone marketers call when they need answers. And right now, that’s in short supply. 

“We’ve had a few people reach out to us [since the news],” said Kangisser, playing coy about naming names.

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Here are the numbers to know in Omnicom’s potential purchase of IPG

10 December 2024 at 21:01

In what is likely to be one of the year’s biggest media stories, Omnicom Group has announced plans to acquire The Interpublic Group of Companies in a stock-for-stock transaction valued at approximately $13 billion.

This merger is set to create the world’s largest advertising conglomerate, combining renowned agencies such as BBDO, TBWA Worldwide, and McCann Worldgroup under one umbrella, after the two entities’ respective leadership teams decided that scale is the way forward on Madison Avenue.

According to official filings, the combined entity is projected to generate annual revenues exceeding $25 billion with an adjusted EBITA of $3.9 billion and free cash flow of $3.3 billion. Individually, Omnicom’s full-year revenue for 2023 was $14.69 billion, reflecting growth of 4.1%, while IPG’s was $10.89 billion, down from $10.93 billion in 2022.

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