Sunday, December 3, 2023

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    Ogilvy releases annual marketing report exploring new takes on brand purpose

    Released this week, Ogilvy’s new Futures trend report ‘The Real, the Unreal, and the Reinvented’ explores new marketing technologies, new takes on brand purpose and the reinvention of traditional communication approaches.  

    The annual collection of marketing and communications insights uncovers 12 key trends affecting brands and creativity, focussing on new ways to cut through the noise to create impactful work.

    Its findings – gleaned from cultural, design and creativity events held in Australia, New Zealand and around the world – point to a shift back to more traditional marketing approaches as the revolution of new technologies takes hold, whilst brands and organisations continue to look for purpose, according to Richard Brett, CEO of Ogilvy PR and Ogilvy Health. 

    “There’s no doubt that our entire industry is excited by the potential for these new technologies.  But amidst this buzz, we’re also seeing a fascinating retreat to more analogue modes of experience, drawing us back to traditional marketing techniques that are tried and tested; but they are being reinterpreted, reinvented and rebooted with new methods and new technologies.

    “And we expect to see more of this experimentation and remixing as a way to problem solve and engage, particularly given the purpose-led marketing of the past decade is not going away.” 

    Key findings include:

    • A desire for more authentic social media and brand experiences, putting more power in the hands of influencers, inspiring them to create their own businesses and brands (‘The Economics of Influence’). 
    • The power of tangible experiences that people touch, hear and taste, giving rise to a ‘Made Media’ trend that explores how physical things can effectively convey important messages. 
    • The emergence of a counter-cultural movement, championing an alternative path to consciousness and meaningful, authentic connections, particularly through the use of psychedelics (‘The Rational Antidote’). 
    • The potential for AI to empathise with and interpret human emotions, leading to deeper connections between humans and virtual entities (‘Vocoloids’). 
    • A new wave of fan artists using AI to create new kinds of content that’s hard to distinguish from the real thing; supercharging the previously identified ‘Extreme Fandom’ trend and providing exciting opportunities for brands (Extreme Fandom was a key trend identified in Ogilvy’s 2022 Futures #6 report)

    Brett continued: “As we usher in new technologies, it’s important to remember that sometimes the most complex and important issues are best articulated in the simplest of ways, requiring a combination of emerging technologies with tried and tested techniques. 

    “What Futures #7 demonstrates is that a mix of technology, purpose and emotional experiences is where our industry will need to focus its efforts in order to engage with an increasingly disengaged consumer.  What balance we strike over the next 12 months between these three pillars will be key in ensuring the success of brands in the future.” 

    The full report can be found here.

    See also: Publicis Groupe, Dentsu, Ogilvy Australia and Resolution Digital named employers of choice at the 2023 Australian Business Awards

    The post Ogilvy releases annual marketing report exploring new takes on brand purpose appeared first on Mediaweek.

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