IPA 1.3 Flashcards
Advertising Accountability and Effectiveness:
Industry Progress: Advertising has made significant progress in demonstrating accountability and effectiveness.
Increased Scrutiny: Greater scrutiny within the business world has prompted the need to showcase advertising’s value.
Effectiveness Awards: Since 1980, the IPA has run the Effectiveness Awards, recognizing campaigns with a strong return on marketing investment (ROMI).
Everyday Accountability: There’s a growing culture of everyday accountability in advertising, emphasizing effectiveness at a lower level.
Data Availability: Easily digestible campaign performance data is available on platforms like Meta and Google, providing valuable insights.
Metrics: Metrics such as likes, shares, visits, and hashtags offer insights into consumer influence by advertising.
Long-Term Indicators: Don’t overlook longer-term indicators like price elasticity, which reveal lasting value generated by commercial creativity.
What has prompted the advertising industry to improve its accountability and effectiveness?
Greater scrutiny within the business world
What is the key focus of the Effectiveness Awards mentioned in the text?
Demonstrating a strong return on marketing investment (ROMI)
What has contributed to the emergence of a culture of everyday accountability in advertising, according to the text?
The availability of campaign performance data in easy-to-digest formats
What do longer-term indicators like price elasticity provide, as mentioned in the text?
A clear picture of the lasting value generated by commercial creativity
According to Will Collin, ex Strategy Lead at Accenture Song, creativity delivers greater effectiveness in brand marketing in a number of ways but within those there are probably two main mechanisms by which a truly creative idea can deliver greater business results. What are they?
- a truly compelling creative idea that captures the attention of the audience in a really compelling way, and that ultimately leads to more results.
- The second way is that creativity works by influencing the audience emotionally, and a number of studies into effective communication have shown that it’s the emotional persuasion that’s the root of the greatest influence on an audience’s perceptions, and ultimately its behaviour.
A study commissioned by the IPA found that creatively successful campaigns can be up to .. times more effective than those lacking creative elements.
A study commissioned by the IPA found that creatively successful campaigns can be up to 10 times more effective than those lacking creative elements.
What are the two main mechanisms mentioned in the text by which a truly creative idea can deliver greater business results in brand marketing?
- compelling creative ideas
- emotional influence.
Storytelling and Building Fluency:
- Today’s creativity in advertising centers on storytelling.
- Storytelling creates diverse, non-repetitive content across channels.
- Consistent narrative elements build brand fluency and emotional connections.
- Storytelling humanizes brands, making them relatable.
What is the primary role of creativity in today’s media-saturated environment, as mentioned in the text?
To build brand fluency through storytelling
In the context of multi-channel marketing, why is it important to avoid repetition, as mentioned in the text?
To prevent consumers from becoming blind to the message
What role do consistent narrative elements play in storytelling, as mentioned in the text?
They help build brand fluency and memory structures
To create an authentic connection with consumers in advertising, brand storytelling should include:
A central narrative thread for consistency.
Emotional tension that appeals to a broad audience.
Flexibility and variety to adapt to different contexts.
To create an authentic connection with consumers in advertising, brand storytelling should include:
A central narrative thread for consistency.
Emotional tension that appeals to a broad audience.
Flexibility and variety to adapt to different contexts.
An illustrative example is?
An illustrative example is HSBC’s “We are not an Island” campaign by J Walter Thompson London.
This campaign celebrates British connections to the world and features local executions in cities like Birmingham, Leeds, London, and Manchester.
It aims to build authentic connections with a targeted audience and emphasizes the concept of global citizenship amid Brexit-related uncertainty.
What are the key elements suggested for creating an authentic connection with consumers in brand storytelling?
A central narrative thread, emotional tension, and adaptability