Morning Brew - ☕ Handling it

How brands are preparing for holiday challenges.
October 23, 2024

Marketing Brew

Basis Technologies

It’s Wednesday. Peloton has partnered with Costco to sell its Bike+ model in stores and online beginning next month, giving even more households the ability to give the gift that was memorably depicted in that one ad (yes, you remember) from 2019.

In today’s edition:

—Jasmine Sheena, Alyssa Meyers

BRAND STRATEGY

Preparation H(oliday)

Gif of shipping boxes going through a conveyor belt marked by a checkmark. Anna Kim

Out of toilet paper? For a few days there, you might have had a hard time finding some at a store.

Consumers panic-bought toilet paper and other goods at retailers like Costco and Walmart after the dockworkers strike earlier this month. While the strike lasted only three days, it threw yet another curveball at brands that ship goods and import items from overseas for production ahead of what is projected to be a busy holiday season.

Even before the shutdown, supply chains and delivery infrastructure had already been facing increasing pressure, thanks to everything from geopolitical tensions to an influx of packages from Shein and Temu. And that’s not the only challenge brands are grappling with. Thanks to the fast-approaching US presidential election, some brands anticipate increasing ad rates, creating an additional layer of complexity when it comes to marketing their wares.

With a holiday season that is expected to see $240.8 billion in domestic online retail sales alone, according to Adobe Analytics, brands are adjusting their production and marketing strategies accordingly.

“We’re definitely in preparation mode for all of these supply-chain issues,” Kristin Olszewski, founder and CEO of Nomadica Wine, told us.

Continue reading here.—JS

   

Presented By Basis Technologies

These are the good ol’ days

Basis Technologies

TV & STREAMING

Everyone watches

New York Liberty after winning Game 5 of 2024 WNBA Finals Elsa/Getty Images

The WNBA’s 2024 season seems to have reverberated around the country—and not just because of New York Liberty mascot Ellie’s signature stomp.

Sunday’s Game 5 of the WNBA Finals, which saw the Liberty secure its first championship in franchise history after an overtime battle with four-time champs the Minnesota Lynx, brought in 2.15 million viewers on ESPN, plus record crowds at both Brooklyn’s Barclays Center and Minneapolis’s Target Center made it the most-attended WNBA Finals in history.

The record viewership follows a season defined in part by the repeated viewership and attendance records that were set and broken, along with a round of new sponsors, including Bumble and Delta Air Lines. Before basketball fans transition into watching the NBA, the WNBA’s brother league that some might be familiar with, here’s a look at some of the standout stats from the W in 2024.

Not-so-regular season: The season tipped off in May with much fanfare in the wake of a record-breaking Women’s NCAA Tournament, which was quickly followed by the draft viewed by 2.4 million people, a 307% increase from last year.

  • Much of the hype at the start of the season surrounded powerhouse rookies like Chicago Sky forward Angel Reese and Indiana Fever guard and Rookie of the Year Caitlin Clark.
  • In the first week of the season, the W said four out of the five moments that drove the most engagement on its social channels at that point featured highlights of rookies including Clark, Reese, Los Angeles Sparks forward Cameron Brink, and Las Vegas Aces guard Kate Martin.

Read more here.—AM

   

SPORTS MARKETING

Brace for impact

Crowd at game 5 of 2024 NBA Finals Adam Glanzman/Getty Images

It’s been a big year for basketball in the US, between the men’s and women’s USA Basketball teams’ Olympic golds, a massive March Madness, a riveting NBA Finals (for Boston Celtics fans, at least), and rapid growth in the WNBA leading up to the finals.

Brands have been scoring big from the sport this year, too, according to a new report from measurement company EDO.

  • Across the NBA, WNBA, and NCAA, more than 1,000 brands spent an estimated $2.1 billion to air more than 100,000 ads, EDO found, and those ads averaged higher engagement rates and delivered a bigger impact than other broadcast and cable prime-time programming.

The NBA Finals was the best-performing basketball event for advertisers, per the report, and brands are also winning in the women’s game, with several women’s basketball events proving more effective this year than last.

Big ballers: Impressions, ad impact, and engagement rates were largely up across the board for basketball on TV this year, and the NBA Finals were the most effective of the bunch, according to the report. (EDO defines effectiveness as how likely an ad is to motivate consumers to engage with a brand online.)

  • Ads that ran during the NBA Finals were 86% more effective than ads that ran during the average broadcast or cable prime-time program, meaning that commercials running against the NBA Finals were 86% more likely to engage consumers.
  • Ads that ran during the NCAA men’s basketball championship game were 64% more effective than the prime-time average.

Continue reading here.—AM

   

Together With Chase

Chase

FRENCH PRESS

French Press Morning Brew

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

Now streaming: Read up on Spotify’s pilot of an ad exchange, which is focused on further monetizing its video content, per Axios.

Showstopper: Inside Prime Video’s plans to boost the Amazon brand in entertainment content like the reality show Celebrity Substitute.

On the calendar: A roundup of social media scheduling tools.

METRICS AND MEDIA

Stat: 7%. That’s how much Starbucks’s same-store sales fell in its most recent quarter, results that prompted new CEO Brian Niccol to say the brand needs “to fundamentally change our strategy so we can get back to growth.”

Quote: “Perplexity and its business partners have been unjustly enriched by using, without authorization, The Times’s expressive, carefully written and researched, and edited journalism without a license.”—The New York Times, in a cease-and-desist sent to the AI company Perplexity demanding that it stop using the paper’s content, per WSJ

Read: “Comic Sans got the last laugh” (The Atlantic)

SHARE THE BREW

Share Marketing Brew with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.

We’re saying we’ll give you free stuff and more friends if you share a link. One link.

Your referral count: 2

Click to Share

Or copy & paste your referral link to others:
marketingbrew.com/r/?kid=303a04a9

         
ADVERTISE // CAREERS // SHOP // FAQ

Update your email preferences or unsubscribe here.
View our privacy policy here.

Copyright © 2024 Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011

Older messages

☕ Hit the road

Wednesday, October 23, 2024

Tech Brew tests GM's hands-free driving tech. October 23, 2024 Tech Brew Presented By Cisco It's Wednesday. Tech Brew's Jordyn Grzelewski, who writes about EVs and AVs every day, got a

☕ Spotlight on Arkansas

Wednesday, October 23, 2024

Americans are getting more work done... October 23, 2024 View Online | Sign Up | Shop Morning Brew Presented By Infinity Fuel Good morning. Here's a tech tip: You can name your group chats on

☕ Points well taken

Tuesday, October 22, 2024

Loyalty points for behaviors. October 22, 2024 Retail Brew It's Tuesday of what's shaping up to be a busy week for retail earnings, so we'll get right into today's edition. In

☕ Select few

Tuesday, October 22, 2024

Ad tech's newest buzzword is “curation.” October 22, 2024 Marketing Brew It's Tuesday. Change is brewing! As we reflect on nearly a decade of disrupting business news and engaging a generation

☕ Limited drama

Tuesday, October 22, 2024

News Corp sued Perplexity AI... October 22, 2024 View Online | Sign Up | Shop Morning Brew Presented By CardCritics Good morning. Self-congratulatory post alert : As of today, Morning Brew is doing the

You Might Also Like

Orthopedic Portuguese flats and Irish self-tanner

Friday, December 27, 2024

Our most popular odes of the year. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate commission. December 27,

Orthopedic Portuguese flats and Irish self-tanner

Friday, December 27, 2024

Our most popular odes of the year. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate commission. December 27,

Vancouver B.C. fintech company Bench Accounting announces sudden shutdown

Friday, December 27, 2024

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS Bench Accounting, a Vancouver BC-based company that provides online bookkeeping services for thousands of small businesses,

Important update on the future of The Intercept

Friday, December 27, 2024

Next year, our founding donor will wrap up after a decade of generous investment, and we will transition to a primarily reader-funded nonprofit news outlet. Ten years ago, eBay founder and

Startup radar: 4 early-stage companies in Seattle | Flying Fish raising a new fund

Friday, December 27, 2024

Washington senator with Microsoft roots gets new gig ADVERTISEMENT GeekWire SPONSOR MESSAGE: GeekWire's special series marks Microsoft's 50th anniversary by looking at what's next for a

Sounds like accountability.

Friday, December 27, 2024

Now, it's time to build on our success. In 2025, we want Lever Time to help decide which voices and ideas are elevated into popular discourse. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

For a summer glow in the dead of winter

Friday, December 27, 2024

A self-tanner we love View in browser Ad The Recommendation December 27, 2024 Ad A beginner-friendly self-tanner that won't make you look orange A bottle of Beauty By Earth Self Tanner Tanning

Avalanche Dogs, Owl Rescue, and Kirk Cousins Prays

Friday, December 27, 2024

The Colorado Rapid Avalanche Deployment's Winter Course, often called “Dog School,” is a rigorous yet playful training ground for avalanche rescue dogs and their handlers. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏

☕ Let’s talk pop

Friday, December 27, 2024

Retail's Taylor Swift moment. December 27, 2024 View Online | Sign Up Retail Brew It's finally Friday, and we hope you didn't work too hard this week. In today's edition: I wish I wrote

GeekWire Startups Weekly

Friday, December 27, 2024

News, analysis, insights from the Pacific NW startup ecosystem View this email in your browser Startup radar: Early-stage companies getting off the ground in Seattle Read more » Tech Moves: Washington