Morning Brew - ☕️ This must be the (product) place

Virtual product placement is becoming a thing.
Morning Brew May 16, 2022

Marketing Brew

Intuit Mailchimp

It’s Monday. Some very critical news coming out of our HQ. On November 15 in NYC, we’re convening in Brew style for a full-day affair of content and connections that you won’t want to miss. Consider this your formal invitation to The Brief: A Summit Presented by Marketing Brew.

Join us, as well as leaders from Vans, McDonald’s, Wieden+Kennedy, and more, for a full day of exploration and navigation of the dizzying industry topics we love so dearly. We’re talking rebranding, pushing creative boundaries, keeping that spark alive, and oh so much more. Grab early-bird pricing right here.

In today’s edition:

—Ryan Barwick, Phoebe Bain, Minda Smiley

MARKETING

Product placement is going to take over your favorite show

an image of Don Draper from Mad Men featuring product placement holes Illustration: Dianna “Mick” McDougall, Photo: Mad Men

In the early 1980s, the chocolatier Mars did what Elliott simply could not do—turn down E.T. The company declined to let M&Ms be the snack du jour of America’s favorite extraterrestrial. Instead, Steven Spielberg settled for Hershey’s Reese’s Pieces, and the rest is chocolate-coated history.

More than 40 years later, Mars is testing tools that might offer a shot at redemption.

  • In what feels like something out of a science-fiction film, advertisers are using technology to digitally insert themselves into television shows after filming has wrapped to make up for lighter ad breaks on streaming services.
  • “All of a sudden, the 15 minutes of ads that they used to have on national television [or] cable is no longer an acceptable experience for viewers,” Andrew King, VP of product at ad-tech firm TripleLift, told Marketing Brew.
  • Though audiences might not notice (or ideally notice, but just enough), product placement is a $23 billion industry that’s growing. Traditionally, these deals are worked out before shooting, sometimes eight months in advance, and involve someone on set making sure the product looks just right. In exchange, the advertising revenue can help boost a production’s budget. (Just ask Wayne and Garth.)

Zoom in: During this month’s NewFront presentations, both Amazon and Peacock pitched tools that they say can integrate brands into shows after the fact. And TripleLift has been pitching a product-placement tool called—brace yourself—Dynamic Brand Integration since 2020.

Read more about these tools (and if media buyers are interested) here.—RB

        

SOCIAL MEDIA

TikTok [and TV] made me buy it

A smartphone that displays the TikTok logo Francis Scialabba

We’ll take some TikTok videos with a side of TV ads next time we hit the media-buying drive thru, thanks. Why? Because based on the results of a recent study commissioned by TikTok, the two go together better than coastal grandmothers and white linen.

  • TikTok wanted to find out how combining TikTok with linear TV or streaming services impacts brand recall.
  • It found that both combinations boosted the metric to different extents.

On the linear front: If people in the study saw a brand on TikTok first, then on linear TV, there was a 6% “lift in aided brand recall.” If they saw the brand on TV first, then TikTok, there was a “16% lift in visual attention to key branding moments.”

And on streaming: When participants saw an ad on TikTok first, then on a streamer, there was an 8% lift in aided brand recall. In the reverse scenario (streaming first, then TikTok), there was 9% more visual attention paid to key brand moments.

Some brands have tried it already: Vrbo created a TikTok challenge based on its TV commercial, in which TikTok users could use the spot’s audio in videos of their vacation home tours, Ad Age pointed out.

Bottom line: Consider getting some commercials up on the small screen before putting them on TikTok, aka the even smaller screen.—PB

        

TOGETHER WITH INTUIT MAILCHIMP

Reward yourself with a refresh

Intuit Mailchimp

As a small-business owner, you’re pretty busy. So busy, in fact, it’s possible you didn’t even realize Small Business Week was the first week of May.

If you were plugging away and missed it, you need a break—and Mailchimp has you covered. Sit back, relax, and enjoy some treats designed with you in mind.

First up, it’s time for a movie break. Mailchimp presents: The Thing That Drives You, a collection of motivational films about pushing past boundaries to stand out in the crowd.

Want advice from someone who gets it? Mailchimp is highlighting relatable tips and inspirational insights from fellow small-business owners. See all 5 here.

Finally, if you need a change in perspective, enjoy a few minutes of fun with these creative games.

We’re celebrating you and all you do, because being a small-business owner means being “on” 24/7/365. Here’s your chance for a break, so go enjoy some recess, courtesy of Mailchimp.

Q&A

Meet Meagan Loyst, Gen Z investor

Meagan Loyst, investor at VC firm Lerer Hippeau Hadi Yazdani

At 25 years old, Meagan Loyst isn’t your average Gen Z’er. Not only because of her résumé—Loyst is the youngest investor at VC firm Lerer Hippeau and founder of Gen Z VCs, a collective with ~15,000 members that seeks to make VC more transparent—but also because she considers herself to be an elder member of her generation.

“My first phone was not an iPhone,” she recently told Retail Brew’s Andrew Adam Newman.

Despite her “old” age, she’s become a “go-to analyst when it comes to Gen Z consumers and brands,” writes Newman, who interviewed Loyst about what brands get right (and wrong) about her age cohort. Highlights include:

  • Misconceptions around why Gen Z buys sustainably
  • Why underwear brand Parade stands out to Loyst
  • Her thoughts on how brands can succeed on TikTok

Read the Q&A here.—MS

        

WHAT ELSE IS BREWING

  • Marriott, with help from Yahoo, is releasing a media network.
  • McDonald’s is leaving Russia after more than 30 years.
  • Domino’s made an app that lets people order pizza with just their faces for a new Stranger Things promo.
  • Media Sherpas founder and former 4A’s CEO Nancy Hill will become CEO of Marcus Thomas, an agency headquartered in Cleveland.
  • Forever 21 is rebranding (for Gen Z, of course).

TOGETHER WITH EDELMAN

Edelman

We stan. Can’t wait for the day Gen Z says that about your brand? Well, we teamed up with Edelman to help you quickly become a new Gen Z fave, and here’s where you need to start: with the issues that matter to them, like ethics, safety, and transparency. Learn more here.

FRENCH PRESS

French press Francis Scialabba

There are a lot of bad marketing tips out there. These aren’t those.

TikTok: Need TikTok inspo? Look no further than these 28 brand accounts.

Speaking of TikTok: Analytics on the platform can be confusing. If you relate, check out this guide to TikTok ’lytics.

Reporting: Pssst, here’s a free template for all your future social media reports.

Slam dunk: How’d the Atlanta Hawks drive 7X ROI on their Connected TV ad spend? They tapped MNTN Performance TV for the assist. For AI-driven optimization that reaches your most valuable viewers across the top 150 streaming channels, click here.*

*This is sponsored advertising content.

JOB BOARD

Looking to hire the best marketers out there? Submit your job openings to our new, free Marketing Brew Job Board!

Today’s featured openings:

See more jobs or post your job opportunities here.

AD ANTIQUES

old Maybelline adVintage Ad Browser

Thin eyebrows are officially back, per this 1973 ad.

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Written by Ryan Barwick, Phoebe Bain, and Minda Smiley

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