Recent Marketing Trends
The 10 Most Important Marketing Trends According To Sir Martin Sorrell
What is Sir Martin Sorrell’s, CEO of the world’s largest advertising and marketing services company WPP take on the marketing Zeitgeist?
1. The Shift Toward The East and South: In addition to China in the East and India in South-East Asia, he referred to the Germany-Poland-Russian cluster in Eastern Europe, observing that as long oil stays above $100 a barrel Russia will continue to be a formidable economic power. The Southern axis of opportunity points to Latin America and Brazil, which will host the 2014 Soccer World Cup and the 2016 Olympics. Other significant areas would be the Middle East and Africa, and in particular South Africa. 2. Disintermediation: The web has, and will continue to create new business models and an attractive destination for consumers. 3. Shrinking capacity in Human Capital: In most categories there is still a significant supply overcapacity because of the growth of South Korean, Chinese, Indian and Brazilian manufacturing. While there seems to be no shortage in capacity, human capital is becoming scarcer. Aging populations, even in countries like Pakistan and Mexico which have a majority of teens at the present time, will make it harder 20 years from now for companies to find, incentivize, and motivate talent. 4. Greater Retail Power: As Wal-Mart, Tesco, and Carrefour continue to face a tough, competitive environment, they are likely to lean harder on manufacturers, especially Consumer Packaged Goods [CPG] companies which, in turn, are likely to apply more pressure on their suppliers. 5. Growing Importance of Internal Communications: Every CEO is now focused on internal communications, which is seen see as a key challenge and opportunity to make sure that people understand and live “the brand,” as well as the vision and strategy of the company. 6. Eliminating Regional Structure: Companies are centralizing power in tandem with the increase
What is Sir Martin Sorrell’s, CEO of the world’s largest advertising and marketing services company WPP take on the marketing Zeitgeist?
1. The Shift Toward The East and South: In addition to China in the East and India in South-East Asia, he referred to the Germany-Poland-Russian cluster in Eastern Europe, observing that as long oil stays above $100 a barrel Russia will continue to be a formidable economic power. The Southern axis of opportunity points to Latin America and Brazil, which will host the 2014 Soccer World Cup and the 2016 Olympics. Other significant areas would be the Middle East and Africa, and in particular South Africa. 2. Disintermediation: The web has, and will continue to create new business models and an attractive destination for consumers. 3. Shrinking capacity in Human Capital: In most categories there is still a significant supply overcapacity because of the growth of South Korean, Chinese, Indian and Brazilian manufacturing. While there seems to be no shortage in capacity, human capital is becoming scarcer. Aging populations, even in countries like Pakistan and Mexico which have a majority of teens at the present time, will make it harder 20 years from now for companies to find, incentivize, and motivate talent. 4. Greater Retail Power: As Wal-Mart, Tesco, and Carrefour continue to face a tough, competitive environment, they are likely to lean harder on manufacturers, especially Consumer Packaged Goods [CPG] companies which, in turn, are likely to apply more pressure on their suppliers. 5. Growing Importance of Internal Communications: Every CEO is now focused on internal communications, which is seen see as a key challenge and opportunity to make sure that people understand and live “the brand,” as well as the vision and strategy of the company. 6. Eliminating Regional Structure: Companies are centralizing power in tandem with the increase
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