It’s Wednesday. And with baseball back, we’re asking the good people at the Yankees sales team if we can get a sign behind the home plate. Baseball fans Marketing Brew fans.
In today’s edition:
- Brands weigh in on Georgia
- Where all those ad dollars went
- Ketchup crisis
— Phoebe Bain and Ryan Barwick
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Francis Scialabba
Major brands are responding to Georgia’s new voting law, and you could say the responses feel a little disingenuous.
- ICYMI, Georgia recently passed a law that (critics say) makes it more difficult for many voters—particularly people of color—to cast a ballot, per The Washington Post.
Companies headquartered in Georgia have made public statements about the law since March 25, when Governor Kemp signed it.
- Coca-Cola didn’t mince words: “We want to be crystal clear and state unambiguously that we are disappointed in the outcome of the Georgia voting legislation.”
- Delta CEO Ed Bastian said that the bill is “unacceptable and does not match Delta's values” in a memo to staff.
It’s complicated: Those statements sound nice enough, but Delta and Coke aren’t exactly putting their money where their PAC is.
- CNBC recently reported that Delta and Coca-Cola’s political action committees (PACs) have, in recent years, donated to some of the Georgia Republicans who pushed the legislation through.
- It’s worth noting that corporate PAC $$ make up a small fraction of political donations. But in a world where brands are expected to take a stand on social issues, even the smallest contribution can raise eyebrows.
+1: Patagonia picked up on the hypocrisy too, saying: “We don’t have a PAC at Patagonia, but if your company does, please consider suspending contributions to any politician suppressing votes from people of color” in its official statement against the Georgia law.
Bad reputation
But performative brand messaging isn’t anything new.
- Remember Uber’s “If you tolerate racism, delete Uber” campaign which rolled out as the ride share company came under fire for unfair labor practices and racialized price discrimination?
But that’s not to say brands can’t change. We couldn’t help but wonder: Is there a way to make purpose-driven messaging feel authentic if your company has a less-than-stellar history?
Yes, but it takes time: CEO and founder of social impact consultancy Beyond Advisers Scott Curran told Marketing Brew that brands should acknowledge where they are and be transparent about their past.
- “Market it all—internally to your team, and externally to your customers and other stakeholders, so they know where you are, what you stand for, and where and how you’re moving forward toward greater impact,” he explained.
Bottom line: Being upfront about past transgressions, both externally and internally, carries weight on the authenticity scale. —PB
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Francis Scialabba
Amazon just passed another marketing milestone: The everything store now claims more than 10% of the US digital ad market, according to a recent eMarketer report.
eMarketer estimates that Amazon pulled in $15.73 billion in US ad revenue in 2020. Even if the milestone was inevitable, the pandemic helped.
How: While Amazon’s share of ad dollars has been trending upward, 2020’s lockdown-induced digital shopping spike accelerated the shift.
The rest of the pie
Amazon’s making enough to keep the lights on, but it’s still falling behind its digital advertising triopoly counterparts.
- The eMarketer report predicts that Facebook and Google will each bring in US digital ad revenue to the tune of roughly $50 billion this year, more than Amazon’s expected $20 billion.
For reference
Should you fail to comprehend the sheer size of these figures, here’s a look at what media companies brought in from ad sales last year:
They’re not even in the same ballpark. And Amazon’s US digital ad revenue only makes up a small portion of the $386+ billion it made in 2020 through its retail, subscription and cloud services.—RB
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Intent data is everywhere. And there are tons of different types of it. Meaning that effectively foraging for it can be quite difficult.
Which is why throwing Terminus’s Field Guide to Foraging Intent Data into your digital backpack is an absolute no-brainer.
This fun, interactive guide will show you how to use intent signals to uncover and target the accounts that are actively in-market for your product or service. (As opposed to just all those flaky peeps floating around throwing out mixed signals.)
Among other things, the guide will help you:
- Identify and define intent data
- Learn about all the different types of intent data
- See how intent data is used to help refine TAM and TRM
Don’t get lost in the intent data wilderness. Download Terminus’s guide here.
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Morning Brew
Want fries with that? Better bring ’em home.
The US is undergoing something of a ketchup crunch, according to the Wall Street Journal. But fear not, condiment kings and queens—so far, the crisis is mostly affecting packets.
- As the country turned to takeout, packet prices soared. Since January of last year, prices are up 13%.
- A Kraft Heinz exec told the Wall Street Journal that its restaurant customers need to sit tight while it revs up supply, but some have resorted to serving other brands.
Hit to the 57
Where there’s a supply deficiency, there’s often opportunity. Who among us didn’t try a new toilet paper brand last spring?
We asked Mansur Khamitov, assistant professor of marketing at Indiana University, how Heinz can keep up brand loyalty when its product isn’t readily available. He said there’s not much it can do but fix the issue.
“To keep die-hard brand fans from making a scene or pursuing alternative brands, major ketchup brands need to make a consolidated effort to ramp up distribution,” he said, adding that brands like Heinz have “inadvertently found themselves in a fairly tricky situation from a marketing as well as PR” perspective.—RB
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Neutrogena is rolling out its own branded content studio. It’s tapped Kerry Washington to star in a short documentary about skin cancer, which we hope Hayden Panettiere is okay with.
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Hulu is undergoing a sonic rebrand (?) ahead of this year’s NewFronts.
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Yahoo Answers is shutting down for good in May.
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Roku plans to debut a new video ad product called “Roku Recommends” this year.
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Remember last Wednesday? You had a turkey reuben and Common Room announced its new people-first community journey platform. Common Room empowers you and your teams to deepen relationships with the people who matter most to your organization—your user community—by showing you what’s happening across platforms like Twitter, Slack, Discord, and GitHub, all in one place. Join their waitlist or, heck, join their team.
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Francis Scialabba
There are a lot of bad marketing tips out there. These aren't those.
SEO: On the off chance there are any lawyers (okay fine, paralegals) reading this, here’s why SEO matters more than you’d think to law firms.
Small biz: This infographic shows how 400 small businesses are currently handling their social media marketing strategy, from platform distribution to who runs the accounts.
Instagram: If you’re not a TikTok fan but want to understand Remix—the TikTok feature leaking onto much of the wider social landscape—read this guide to using Instagram Reels’ Remix feature.
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As of this writing, we still have no word on the shrimp DNA.
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Catch up on a few Marketing Brew stories you might have missed.
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Written by
Phoebe Bain and Ryan Barwick
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