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Posts made in July, 2021

How sponsors will react if a Covid-19 spike gets the Tokyo 2020 Olympics canceled

on Jul 21, 2021

By John McCarthy What would happen if the Tokyo 2020 Olympics were to be canceled after a one-year delay? How would sponsors, athletes and the host nation recover from this huge expenditure of passion, energy and money if Covid-19 does indeed derail the Games once more? The Drum quizzes sports marketers navigating this very crisis. A survey from the Asahi newspaper this week claimed two-thirds of Japanese people doubt the country can host a safe and secure Olympics. Anticipation is low in the host nation at least as the first-ever spectatorless Games approach. Although organizers have tried everything to emulate the Read full story › Source: The Drum...

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The office of the future: creative, collaborative, flexible

on Jul 20, 2021

By Michael Nutley The era of the 9-to-5 is over. For marketers at least, a new, flexible approach to work is taking over, catalyzed by the events of the past 18 months. This is the key finding of a new white paper published by The Drum and Adobe; Creativity, collaboration and culture: the impact of working from home on marketers and marketing. It shows the marketing industry embraced working from home, and only a quarter expect to go back to their office full-time or most of the time in the future. Instead, over half (56%) of all the people surveyed – and two-thirds of Read full story › Source: The Drum...

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Interview your hero - Part 2: TBWA’s outgoing CEO Sara Tate on how to be a ‘change maker’

on Jul 20, 2021

By Stefano Hatfield We all have heroes, but it is rare that they change our lives tangibly and inspire us to take a different course. In marketing they can be our colleagues or clients, but a speaker at an event can have a transformative effect on a career. That was the case for Allie Lawson, head of brand and marcomms at O2 and a member of the Marketing Innovation Lab (MIL) community, who got the chance to interview her marketing superhero – Sara Tate, currently chief executive of TBWA London – in the second episode of The Drum and The Trade Desk’s video series. Following Read full story › Source: The Drum...

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SCMP aims to turn its 118-year-old media assets into NFTs

on Jul 19, 2021

By Shawn Lim The South China Morning Post has launched its ‘Artifact’ litepaper for recording accounts of history and historical assets on blockchain as non-fungible tokens (NFTs). The Alibaba-owned media company said its ‘Artifact’ project will begin with a few selected blockchains, with the intention to be chain-agnostic in the long run and will have the ability to issue authenticated ‘Artifacts’ at launch. The project roadmap includes plans for a decentralized authentication process that will eventually allow for anyone to tokenize assets using the ‘Artifact” standard. “The South China Morning Post is committed to engaging and educating a global audience with information and technology,” said Gary Read full story › Source: The Drum...

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Making the case for a little less cause marketing (and a bit more humour)

on Jul 19, 2021

By Joe Wade Don’t Panic founder Joe Wade (@Mrjoewade) wonders if adland’s obsession with cause marketing is hurting, rather than helping. Building an emotional connection to a brand can be done in a variety of ways, but due to the groupthink of the ad industry, social purpose is now seen as the only option. ‘A trans woman walks into a Starbucks, and gets her name legally changed.’ That’s it, there’s no punchline because it’s not a joke. In fact, it’s a serious societal challenge being grappled with by Starbucks in order to sell coffee. We don’t actually know if it moves units Read full story › Source: The Drum...

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