Module 5 Flashcards
How has the media landscape become more complex?
increase in data
proliferation of channels
fragmentation of audience
understanding moments of impact
How do Binet & Field think brands grow?
Increase in Physical & Mental availability
Loyalty doesn’t help brands grow
Reach is key
60/40 brand building/activation
Best way to grow is to own category entry points
What are the things that all brands need for effectiveness according to Binet & Field
All brands need brand building
All brands need sales activations
Balance varies depending on how emotional/ rational product is
What is the Impact of AI
Behavioural actions become the norm so have to understand the signals
Tech speed will be key differentiator between brands
Death of Sturgeon’s law
More impactful ideas
Prediction/ Probability new currency
Death of path to purchase - now decision trees
No need to measure attitude