Marketing budgets cut again
Russell ParsonsMarketing budgets have been cut for the second consecutive quarter as companies uncertain over the state of the economy keep a tight rein on spending, according to the latest Bellwether report.
Marketing budgets have been cut for the second consecutive quarter as companies uncertain over the state of the economy keep a tight rein on spending, according to the latest Bellwether report.
Retailers are giving manufacturer brands a run for their money with wider ranges of own-label products but research shows that consumers’ buying decisions are rarely guided by price alone.
The kidswear market is booming and specialist retailers are setting up premium online offerings to rival Tesco and Asda.
At first sight, the news that BAA – the much derided airport operator – was about to attempt both a rebrand and a significant shift in brand architecture at the same time might have led many to expect an imminent marketing disaster.
Bodyform’s now viral video is a masterclass in using social media to create great marketing that no brand could plan, if we accept that the original post on Bodyform’s Facebook page by Richard Neill was genuine, and not planted. It should also act as a wake up call to marketers working on other brands in the category.
Nike has dropped Lance Armstrong, just days after supporting the athlete, citing the “insurmountable evidence” that he participated in doping and misled the sportswear business “for more than a decade.”
The wide reporting following the London 2012 Olympics lists improvements to public transport, urban regeneration and the boost in sport engagement as the most powerful legacy, but new research shows that the Games have done the most for the perception of big brands and morale.
Headphone range Beats by Dr Dre is inviting Facebook fans to star in future television advertising campaigns.
British Airways is again taking aim at Ryanair and Easyjet with a campaign that attempts to contrast the value of its all-inclusive fares with the add-ons of low-cost carriers.
Newcastle United fans are calling on kit maker Puma to drop Wonga’s logo from replica shirts.
Asos hopes to accelerate growth in the US with the creation of a marketing director role within the region, its most senior marketer outside of the UK.
The energy suppliers that have announced price hikes are adopting a low key approach to countering the swell of negative perception that followed news of the increases, a tactic tipped to be short-lived as the big six turn to data-driven marketing initiatives to rebuild trust.
O2 is launching a £2.5m marketing campaign to promote the fact that it is extending its Priority Moments loyalty scheme to independent businesses – even those who are not O2 business customers.
Advertisers exploiting the sales opportunities offered by the Jubilee and European football championships led to a better than expected 3.8% increase in spending during the second quarter, according to industry data.
Boots has been rapped by the advertising watchdog for making misleading claims about a range of organic baby products on its website.