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Nestlé is the world’s most valuable food brand with a brand value of $22.4 billion, report
Nestlé's brand value has steadily increased this year due to strong sales growth across its extensive and varied brand portfolio.
Global Artificial Intelligence in social media market to reach $5.6 billion by 2028, report
Social media has morphed into a goldmine of customer intelligence data, catalyzing the demand for AI solutions capable of extracting valuable insights from this vast repository.
Product placement in media drives consumer behavior, report
The report, "State of Product Placement 2023," analyzed product placement's ROI, and consumers' feelings on it compared to traditional marketing and advertisements.
Brazil and Mexico outpace U.S in connected TV adoption rates, report
Notably, both countries have outpaced the most mature Free Ad-supported Streaming TV (FAST) market globally, the U.S., which registered an 80.6% adoption rate.
[Marketing Week] Bob Koigi: The making of artificial intelligence revolution
As the artificial intelligence wave sweeps across virtually all sectors, brands and industry players, including marketers, advertisers and communication professionals are positioning themselves to reap from this transformative technology.
Global radio station market to reach $87.31 billion in 2023, report
The global radio station market will grow from $83.74 billion in 2022 to $87.31 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%.
Survey of US marketers reveals only 14 per cent of brands are chasing growth amid economic turbulence
Brands are pivoting their growth marketing strategy to invest more in bottom of the funnel channels to drive short-term growth, including video and audio, retargeting and remarketing, ecommerce and paid search, according to new research from global digital agency DEPT®.
71 per cent of CMOs lack sufficient budget to fully execute their strategy in 2023, survey
Seventy-one percent of Chief Marketing Officers said they lack the budget to fully execute their strategy in 2023, according to a Gartner, Inc. survey of 410 CMOs and marketing leaders.
Honeywell research shows AI will shape global retail over the next 12 months
According to a new survey released by Honeywell, nearly six in 10 retailers plan to adopt artificial intelligence (AI), machine learning (ML) and computer vision (CV) technologies over the next year to enhance the shopping experience.
Media buyers plan to invest more in audio in the next 12 months, report
GroupM, WPP’s media investment group, has announced the findings of its Europe Digital Audio Advertising Report 2023 produced by GroupM Nexus, GroupM’s industry-leading performance marketing organisation, in partnership with IAB Europe.
YouTube distinguishes itself among social media players, while Google regains foothold on search engines, study
There are roughly 302 million social media users in the United States — and if you were to combine these platforms into a single entity, there’s a good chance most folks would swipe right.
45 per cent of executives say ChatGPT has prompted an increase in AI investment
Seventy percent of executives said that their organization is in investigation and exploration mode with generative AI, while 19% are in pilot or production mode.
Heineken is the world’s most valuable beer brand, valued at $7.6 billion, report
Despite the inflationary pressures being faced by consumers, beer brands continue to see brand value growth. Further, Heineken also ranked second in terms of brand strength.
British consumers vote Dove and Nike as most inclusive brands
Kantar, the world's marketing insights and analytics company, has announced the results of its inaugural Brand Inclusion Index study in the UK.
Global mobile analytics market to reach $31 billion by 2030, fueled by mobile advertisement, study
Mobile Advertisement & Marketing Analytics, one of the segments analyzed in the report, is projected to record 20.6% CAGR and reach US$18 Billion by the end of the analysis period.
33% of eCommerce spend to be cross-border by 2028 globally, research
Given the prevalence of alternative payment methods in developing markets, such as mobile money, cross-border merchants must effectively match consumers’ payment preferences, or they will quickly lose out to better-localised rivals.
Gartner survey reveals 71% of CMOs believe they lack sufficient budget to fully execute their strategy in 2023
Seventy-one percent of CMOs said they lack the budget to fully execute their strategy in 2023, according to a Gartner, Inc. survey of 410 CMOs and marketing leaders.
The global AdTech market to reach $1.9 trillion by 2028, report
Advertisers can use these tools to target the appropriate demographics for their ads, make the most of their advertising budgets, and assess the effectiveness of their campaigns. The market is evolving significantly, with various important trends transforming and reshaping the industry.
WPP unveils new research identifying what consumers value about the Modern Grocery Run
Today’s consumers seamlessly split their grocery trip between in-store and online, while marketers must keep pace to ensure services are consistent and integrated between the physical and virtual experiences.
Havas study explores the hyper-personalized purpose era for brands
The report’s findings demonstrate that while brands’ actions to drive societal progress, inclusion and sustainable behaviors have become more important and expected, people are examining everything through the lens of “me” in the face of more challenging and uncertain times.
Airport advertising is effective and drives frequent flyers to act after ad exposure, study
With average dwell times of an hour plus, the airport offers unique opportunities to connect consumers with brands.
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