A summary of the critical factors and forces that will shape marketing and communications over the next year
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
2021 December 2020 A summary of the critical factors and forces that will shape marketing and communications over the next year
03 Introduction 04 Substance over noise 06 Presence-free connections 08 Social wellness 10 The trust economy 12 Activism becomes action 14 Retrospective resolution 16 The stakeholder customer 18 Preparing for 2021
INTRODUCTION 2020 will be remembered for the transformation it inspired as much as the disruption it caused. COVID-19 has been a forcing function, driving companies and consumers to rethink everything — from the way they behave and communicate, to their values and priorities. As we look at the trends shaping our industry, it’s no wonder that they all come back to purpose. In these turbulent times, brands need to articulate and commit to a purpose that speaks to foundational human needs, not just a product or service’s utility. Although the stakes have never been higher, the opportunities for brands to make an impact. That’s why we’ve created this round up of top trends to help you navigate 2021 and move your brand to positive action. Ruth Allchurch Managing Director, WE UK TRENDING 2021 3
01 SUBSTANCE OVER NOISE WHAT IS IT? Media consumption skyrocketed during lockdown. Kantar’s COVID-19 Barometeri, which surveyed over 25,000 consumers across 30 markets, revealed that by the end of March 2020, web browsing had increased by 70%, traditional TV viewing by 63% and social media engagement by 61% over normal usage rates. Streaming wars also escalated, with numerous new entrants to the subscription video-on-demand space. This insatiable appetite for content does not mean a carte blanche for brands. As consumption grows, so does the demand for relevant, high-quality content. As we head into 2021, expect consumers to be more selective about what they watch and when. Communication overload is also real. One in two consumers in a Foresight Factory surveyii agreed that brands should share how they’re helping customers during this time. However, we all remember the jokes and complaints by consumers on social media about the flood of marketing messages received at the beginning of COVID-19. So how can brands capitalise on the new demand for content and provide consumers with the information they need, without adding to the noise? The answer: Communicate with purpose. 1. Prioritise content that is useful to your audience — and not only useful to your brand. Apply the golden rules of SEO: Be helpful, relevant and authentic to establish your authority. 2. Invest in on-demand and user-generated content, as these formats drive high engagement rates. 3. Test, learn and adapt. Try out new content and use analytics to inform decisions, measure results and anticipate demand trends. TRENDING 2021 4
01 SUBSTANCE OVER NOISE CASE STUDY BRITISH GAS’S ‘HOW TO SOLVE’ CAMPAIGN At a time when companies are struggling with how to communicate with customers and how to simply meet their needs, British Gas struck gold with content that does both. In May 2020, British Gas evolved their How to Solve campaign with a new series called Solved on Screen. The series featured instructional videos and YouTube live sessions with real engineers to help people fix minor issues like ‘How to re-pressurise your boiler’. Not only was this useful to audiences, it also addressed the company’s inability to provide in-home assistance under social distancing restrictions and reinforced their commitment to customer service. The campaign also delivered on the expectation that companies go beyond business as usual during COVID-19 – they released behind- the-scenes videos to highlight the efforts of their frontline staff, provide transparency around new employee safety measures, and promote their partnership with the Trussell Trust to deliver food parcels in local areas. This trend was based on themes identified by Kantar in their ‘2021 Media Trends and Predictions’ report and ‘COVID-19 Barometer’, and Foresight Factory’s analysis ‘Brand Comms during COVID-19’. TRENDING 2021 5
02 PRESENCE-FREE CONNECTIONS WHAT IS IT? The legacy of COVID-19 will recognize that modern life no longer requires us to be physically present. 2020 was a year of cyber firsts as COVID-19 opened our eyes to digital alternatives to work, life and more, removed geographical barriers, and accelerated tech adoption rates among all age groups — particularly older ones. This year, the proportion of UK adults aged 65 and over who make a least one video call each week shot from 22% in February to 61% by Mayiii. This new way of living creates both new opportunities and challenges. The high dependence on virtual platforms through the pandemic has in some ways, levelled the playing field. Brands can now reach more audiences, opening them up to new demographics. The flipside is that online channels require a rethink of how to communicate in a way that maintains loyalty, engagement, and brand identity in a remote and increasingly competitive world. And let’s not forget employees. Failing to keep employees engaged and informed, especially as remote working becomes more prevalent, is not only an HR or internal comms misstep — it’s a missed business opportunity. Companies with engaged employees report higher productivity and better retention, as well as higher customer ratings and greater business success. In 2021, proximity will continue to be at a premium. It will be more important than ever for brands to overcome presence-free barriers to ensure that their products, messaging, and overall purpose resonate with internal and external audiences. 1. Consider the accessibility of your communications –are you catering to all audiences? As marketers and communicators, you have a role to play in closing the digital divide. 2. Invest in virtual event and engagement platforms. These will continue to be the safest, greenest and most convenient ways for audiences to engage with you. These platforms shouldn’t be considered cheap substitutes for physical encounters. 3. Explore exclusive “present” options for audiences to engage with your brand in a safe and responsible way, once restrictions lift. TRENDING 2021 6
02 PRESENCE-FREE CONNECTIONS CASE STUDY HSBC’S DRUMBEAT NEWSLETTER Even before the pandemic hit, HSBC’s Commercial Banking (CMB) division was thinking about how to better connect its global employees. With information largely still shared at a regional and market level, there was a gap for a sustained global comms programme to engage and excite employees about the transformation of the business. Working with WE, HSBC created Drumbeat – a single, consistent content brand that bundled all of CMB’s employee communications together through one core channel, the bi-weekly Drumbeat newsletter. Acting as the delivery mechanism for a number of Drumbeat initiatives, the newsletter has included webcasts about how diverse teams are innovating, explainer videos on new ways of working, podcasts on breaking down career barriers, and tips and guides about developing new skills, building resilience and increasing wellbeing. Drumbeat now connects teams all over the world to change happening across the business, motivating employees to engage with transformation and innovation in a new and refreshed way. This trend was based on themes identified in the Foresight Factory’s trend ‘Presence-Free Living’, and insights from McKinsey & Company’s ‘European consumer sentiment during the coronavirus crisis’ survey TRENDING 2021 7
03 SOCIAL WELLNESS WHAT IS IT? COVID-19 has put a spotlight on social connections now acknowledge that the company they keep — online and offline — is as important to their wellbeing as their careers, environments, and health and nutrition regimens. In 2021, people will become more selective about who they remain connected to – and the brands they follow. Expect to see consumers, in both their professional and personal lives, rethink social media altogether. Isolation due to COVID-19 has driven tolerance levels down and reminds us that personal happiness requires calculated relationship management. It has even begun to affect young consumers — the most avid users of social media. Foresight Factory data shows that 52% of consumers aged between 12 and 19 agreed that they “would be happier if they used social media less.”iv This sentiment will require brands to approach social media carefully. The purpose of a brand in a consumer’s life, newsfeed, or wellbeing — increasingly linked concepts during COVID-19 — will be put under greater scrutiny in 2021. 1. Understand your audience: commission audits and segment your customer base into groups. Ask them how they want to engage with you, or what they want to see more of. 2. Define your social and content strategies based on these findings — this might mean establishing new channels and groups or retiring redundant ones. Tailor your content and tone of voice to fit the audience of each group. 3. Cultivate community. Use social media to create a space online where your audience can connect with like-minded people — whether by posting hyper-relevant content, encouraging conversation and user- generated content, or simply by promoting empathy through tone of voice. TRENDING 2021 8
03 SOCIAL WELLNESS CASE STUDY NETFLIX’S DEDICATED CHANNELS While nearly everyone enjoys a good binge-watching session, we don’t all enjoy the same content. Netflix, the undisputed leader of streaming platforms, understood this and launched dedicated social channels that speak to specific audience subsets online. Channels include LGBTQ+ channel The Most, a Latinx channel called Con Todo, a channel that’s ‘home to all things geek’ called NX, one for ‘parents who Netflix’ called Netflix Family, and Strong Black Lead, a place to celebrate Black films and shows. These channels boast hundreds of thousands of followers each on platforms like Twitter, Instagram, Twitch and Reddit. They are more than just places to discuss Netflix content – by allowing audiences to connect over shared identity, culture and life experiences, Netflix has created vibrant, engaged, and authentic communities that transcend its brand. Social wellness’ was introduced by the Foresight Factory in their webinar ‘Which Trends and Economic Scenarios Will Be Most Critical in 2021?’ TRENDING 2021 9
04 THE TRUST ECONOMY WHAT IS IT? The world is facing a crisis of trust, created by the perfect storm of COVID-19 disruption, increasingly polarising politics, and the rise of digital misinformation. Brands should prepare to offer new levels of transparency, as consumers look for new ways to validate claims of all kinds. However, instead of seeing this as an added box to tick, brands should embrace the opportunity. By sharing more information with the world — from ingredients to carbon footprints to salaries — brands can differentiate themselves and strengthen their purpose messaging. Together with transparency is authenticity. Not only are consumers more willing to trust when brands communicate in an authentic manner, there’s no faster way to erode trust than to create gaps between your brand’s words and its actions. This includes internal actions. In the words of Everlane CEO Michael Preysman, “Transparency has really made it so that you’re accountable to every stakeholder inside and outside.” 1. Pull back the curtain on your business for customers and influencers. Share updates on internal initiatives, be open about your future goals, and ensure timely and regular communications from your leadership team, especially the CEO. 2. Think human. Consider the language you use across all channels, especially social, and the format — video can be more personal, direct, and transparent. As part of this, consider your spokespeople. An authentic voice can come from anywhere, not just the C-suite. 3. Don’t always strive for perfection. Showing up in the moment, or acknowledging failures, is more authentic and relatable than presenting an over-engineered or perfectly polished front. TRENDING 2021 10
04 THE TRUST ECONOMY CASE STUDY NAPOLINA’S SUSTAINABILITY STORYTELLING Although Italian food brand Napolina has been tackling illegal labour in tomato supply chains for years, an increase in media and shopper attention around the issue has created a need for added transparency. In response, Napolina recently launched the Product Passport – a digital experience showing consumers the journey of a product through the supply chain, from farm to supermarket. The Product Passport is accessed via QR codes printed on Napolina’s tomato products, and is based on verified data collected through audits, GPS mapping and blockchain traceability programs. This ‘sustainability storytelling’ strategy has helped Napolina connect with shoppers, while also providing evidence to support their goal of becoming the most trusted FMCG supplier in Europe. This trend was based on themes identified by Deloitte in their annual industry report ‘2021 Global Marketing Trends: Find your focus’[1], and the Foresight Factory’s ‘Mechanised Truth[1]’ trend TRENDING 2021 11
05 ACTIVISM BECOMES ACTION WHAT IS IT? After the year we’ve had, consumers are rightfully concerned about the future of their families, their communities and the planet. They are increasingly making their opinions known and engaging in politics, and they want the brands they support to do the same. Our “Brands in Motion”v study released last year reported 74% of global respondents expect brands to take a stand on important issues. It’s clear that consumers want more than lip service or “virtue signalling.” They demand meaningful action and will be quick to call out inadequacies on social media. The rise in activism has also led to purpose being on par with profit. Consumers are voting with their wallets, patronising brands that align with their value and boycotting those that don’t. With so much at stake, a genuine commitment to purpose and positive action will be critical in 2021. 1. Go beyond statements of intent: Focus on the detail. Show what you’ll do, how you’ll do it, when you’ll do it and the impact it will have. 2. Build partnerships. Collaborate with other organisations and change-makers. 3. Purpose needs to be more than a marketing tool. Ensure it is baked into the fabric and goals of the business, and championed from the inside out. TRENDING 2021 12
05 ACTIVISM BECOMES ACTION CASE STUDY RECKITT BENCKISER’S ‘CLEAN INDIA’ INITIATIVE In India, 750 million people live without access to basic sanitation, with over 120,000 children under the age of five dying from diarrhoea and respiratory infections annually. But simply talking about the problem changes nothing. With 200 years’ experience in helping consumers lead healthier lives, Reckitt Benckiser (RB) knew they could use their expertise to create a real impact. In partnership with WE, they set out to instigate a behavioural change that would ultimately build healthier and happier communities. This involved increasing knowledge through public engagement initiatives, introducing a digital handwashing curriculum in schools, working with villages to stop open defecation, and even creating India’s first World Toilet College for sanitation workers with the World Toilet Organization. The campaign saw real results: it reached 4.5 million school children, helped 52% of cities increase their access to toilets, and resulted in 300+ villages being declared Open Defecation Free. This trend was based on the Foresight Factory’s trend ‘Everyday Activism[1]’ and insights in Kantar’s ‘2021 Media Trends and Predictions’[1] report TRENDING 2021 13
06 RETROSPECTIVE RESOLUTION WHAT IS IT? It’s no longer enough for brands to focus on today’s purpose and corporate responsibility. Consumers are also demanding that brands translate their values and principles retrospectively and rectify past wrongs. Consumers expect more than words of support and no longer accept simple apologies. The future of this trend will see brands come clean and make reparations by committing to real changes, investing funds, or both. There is also an ongoing expectation for brands to take the lead in creating a more positive future after COVID-19. Although this may seem like a daunting responsibility, it proves the impact that purpose-led brands can have. Even before COVID-19, companies have recognised the opportunity. In our report, “Leading with Purpose in an Age Defined by It”vi, we found that 64% of business and communications leaders believe brands, instead of governments, are primarily responsible for social change. The world is asking businesses for solutions. How will your brand respond? 1. Own your past. Be honest about where things fell short, address previous wrongdoings head on and vow to do better moving forwards. Prepare to make bold moves to mark a clean break with what’s gone on before. 2. Look for the positives. Connect your future goals to past achievements to show an evolution of a genuine belief. 3. Take your audience on your journey by showing progress towards your goals. TRENDING 2021 14
06 RETROSPECTIVE RESOLUTION CASE STUDY MICROSOFT’S COMMITS TO RETROSPECTIVE CARBON CUTS The environment is a hot topic in boardrooms everywhere, with more and more companies pledging to go green each day. But in January 2020, Microsoft transformed the conversation around corporate sustainability efforts with a bold goal to be carbon negative by 2030 and by 2050, to remove all carbon it has emitted – either directly or by electrical consumption – since its founding. Microsoft’s pledge resonated with governments, industry leaders, media, and influencers alike, with many praising the company for the scale, seriousness and tangibility of its promise. The initiative was also cited by global leaders at the World Economic Forum as the prime example of a large company committing to real sustainability. Retrospective resolution’ was introduced by the Foresight Factory in their webinar ‘Which Trends and Economic Scenarios Will Be Most Critical in 2021?’ TRENDING 2021 15
07 THE STAKEHOLDER CUSTOMER WHAT IS IT? The era of passive consumption is over. Empowered consumers expect to be treated like brand ambassadors, collaborators and, ultimately, stakeholders. In 2020, Foresight Factory found that 63% of global consumers would like it if their favourite brand asked for their ideas for new products, and 76% expected companies to use their feedback to improve their offerings.vii Brands should view this trend with excitement: Consumers are actively asking to be involved with the brands they love — for professional or personal reasons. There is a huge potential for brands to celebrate their customers and leverage them as key storytellers, while relationship-building through genuine engagement and a sense of co-ownership. Moving forward, the rise in “stakeholder capitalism” — an approach demanding businesses be run for multiple stakeholders, including customers, clients, employees, communities, and the natural environment — will keep brand purpose centre stage. 1. Seek input and canvas opinion. Set up customer panels, advisory boards and social polls — then use these findings to influence your marketing, communications, and content strategies. 2. Empower them as advocates. Work with your customers and clients to create communications and marketing material and consider them among your line-up of spokespeople. 3. Measure the impact this new approach has on loyalty, sentiment and sales; adjust the tactics and types of collaborations based on the results. TRENDING 2021 16
07 THE STAKEHOLDER CUSTOMER CASE STUDY LEO PHARMA’S PATIENTS FIRST APPROACH LEO Pharma has devoted decades of research and development to advance the science of dermatology with an ethos that enables them to always put patients first. In the UK/IE LEO Pharma has established the Voices in Partnership (ViP) programme. This initiative brings together people living with skin conditions, to share their experiences helping to improve understanding of the day-to-day impact on people’s lives. Actively listening to the people they aim to support, is embedded in LEO Pharma’s ethos and is central to their deep understanding of people living with skin disease. By involving patients at the early stages of their research and development programmes, LEO Pharma are able to design solutions that work for the people that need them. This trend was introduced by the Foresight Factory and further inspired by insights in Deloitte’s ‘2021 Global Marketing Trends: Find your focus’ report TRENDING 2021 17
PREPARING FOR 2021 Communicating with the world is never an easy task, and the world in turmoil has made it even trickier. We know it’s tempting to retreat from purpose and focus on survival messaging, but these top trends show that leading with purpose, committing to positive action and remaining authentic will put brands in the best position to survive and thrive in 2021. As Melissa Waggener Zorkin says, “In the toughest times, when we’re straining to keep afloat, is when relentless commitment to our purpose is most crucial.” i. https://www.kantar.com/campaigns/covid-19-barometer/ ii. Foresight Factory: Brand Comms during COVID-19 iii. https://www.ofcom.org.uk/about-ofcom/latest/media/media-releases/2020/uk-internet-use-surges iv. https://ffonline.foresightfactory.co/content/trends-and-economic-scenarios-for-2021 v. https://www.we-worldwide.com/insights/brands-in-motion-2019 vi. https://we-worldwide-arhxo0vh6d1oh9i0c.stackpathdns.com/media/446537/leading-with-purpose-in-an-age-defined-by-it.pdf vii. https://ffonline.foresightfactory.co/content/the-stakeholder-customer TRENDING 2021 18
If you’d like more information on these trends, or a discussion on how they apply to your brand, we’d love to hear from you. For more information please contact Louise Waller, Director lwaller@we-worldwide.com © 2020, WE Communications
You can also read