Morning Brew - ☕ Core strength

Inside Core Power’s Olympic partnership dreams.
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May 08, 2024

Marketing Brew

Delta American Express

It’s Wednesday. In a refreshing sign of restraint, it appears that most brands have avoided hopping on the Kendrick Lamar–Drake beef. Hats off, social media managers. We see you.

In today’s edition:

—Alyssa Meyers, Ryan Barwick

OLYMPICS

Power up

Katie Ledecky drinking Core Power Core Power

Core Power is diving into the deep end with its Paris 2024 marketing campaign: The protein-shake brand signed seven-time Olympic gold medalist Katie Ledecky to a multi-year deal that kicked off in mid-April.

Core Power has been the official protein drink of Team USA for almost a decade, but the campaign with Ledecky represents the brand’s “largest Olympics investment to date,” according to Erica Rosskamm, VP of brand marketing at Core Power parent company Fairlife.

“We’re just overjoyed,” Rosskamm told Marketing Brew. “She is such an awe-inspiring female athlete, such a decorated swimmer, but we love the authenticity…She was just a no-brainer to be the face of this campaign.”

Ledecky is one of the most elite athletes in the world, but Rosskamm said the campaign is designed to “inspire anyone who sweats, no matter your level.”

Read more here.—AM

   

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AD TECH

Sleuthing around

Arielle Garcia Faye Orlove

Ad tech has another snoop on the beat.

Arielle Garcia, the former chief privacy and responsibility officer of UM Worldwide, has joined the nonprofit Check My Ads as the group’s director of intelligence.

Marketing Brew spoke with Garcia about her new gig and about the importance of researchers who regularly spray bleach on the fungus that is ad-tech’s mold.

This interview has been lightly edited and condensed for clarity.

Why did you join Check My Ads? A lot of the reactions that I’ve heard, apart from “Great, that’s fantastic, this is exciting,” is “that makes sense.” And it really did make sense. I had chatted with [Check My Ads co-founders] Claire [Atkin] and Nandini [Jammi] a few times since I left UM [last year]. I think we kind of got to the same place at the same time, which is: How do we get as far upstream as possible to have the greatest impact on the industry as possible?

When you think about the way things are now, there are three main drivers: the opacity in the industry, the surveillance advertising business model, and the power that Big Tech platforms, and Google in particular, have amassed. The fact that we were kind of aligned on the challenges at hand, and the fact that they’re certainly effective at actually driving change and not just talking about it, was something that was a really exciting opportunity to me.

What do you see yourself working on specifically? Do you know what your day-to-day will look like? The first kind of area of opportunity is to really do some more in-depth, longer-term research projects. Check My Ads really wrote the playbook on using the power of sunlight to root out some of the backward incentive structures of the industry…Data-enabled harms are something that I’m particularly interested in.

Another thing that’s particularly interesting and problematic within the industry is the power dynamics and some of the corruption. Within five minutes of waking up this morning, I saw five different trade association events with Google’s logo on them as the key sponsor. I think there’s some interesting reporting to do on how these organizations that have influence on the industry actually work.

Continue reading here.—RB

   

RESEARCH

Great expectations

economic boom and bust Saskiaacht/Getty Images

Contrary to what some popular action movies might have viewers believe, AI isn’t always trying to destroy humanity.

At least, that’s not how it feels in marketing, where AI seems to be having a largely positive impact, according to the CMO Survey, a biannual report from Deloitte, Duke University’s Fuqua School of Business, and the American Marketing Association. With that said, there’s an important caveat: Companies aren’t using AI for the vast majority of their marketing activities, the report found.

In addition to asking about AI, the report, conducted Feb. 6–March 5, surveyed 292 marketing leaders at for-profit companies in the US about their marketing spend and how they’re addressing a range of other topics such as sustainability and the climate crisis. We rounded up some of the big takeaways below.

Highs and lows: Overall marketing spending has been about flat since last spring, but as of the most recent survey, marketers said it has increased by about 2.5% in the past year. In the coming year, they expect it to increase by 4.7%.

  • Marketers expect growth in digital marketing spend to slow slightly from its 8.9% increase over the past year to 8% in the year to come.

Read more here.—AM

   

FROM THE CREW

The Crew

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FRENCH PRESS

French Press Morning Brew

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

Streaming: Media buyers and brands are looking for “more efficient” supply paths for CTV inventory, Adweek reported.

Ooh, ooh: Nearly nine in 10 Americans have heard of Temu, according to a recent YouGov survey. We guess Super Bowl ads do work?

Big Rx: What’s behind some pharma and healthcare brands finally embracing influencer marketing? Let Digiday explain.

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METRICS AND MEDIA

Stat: Nearly 42%. That’s the percentage of store-involved e-commerce orders in 2023, up 15 percentage points from 2015, according to GlobalData research cited by the Wall Street Journal. Retail is (kinda) back!

Quote: “The upfront week is totally anachronistic. For the times that we live in, you don’t have share of voice, it’s too loud, it’s too linear. The business is too nuanced to communicate what needs to be communicated in these weeks in the traditional format.”—John Halley, Paramount’s president of advertising, explaining why the company is skipping upfronts week for the second year in a row in favor of smaller, private gatherings

Read: This Wired piece about the free streaming-music app Musi, which pulls its content from YouTube and sells its own ads—and whose business model is under scrutiny by the music industry.

Another read: “Why Apple’s ad business isn’t what you think it is” (Business Insider)

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