90% of global marketers are investing in brand building for long-term success – CNNIC report
CNN International Commercial (CNNIC), along with data and insights consultancy MTM, have conducted a new research study and released an in-depth white paper based on the views of 1,090 senior marketing leaders across 12 global markets exploring the key ingredients for successful, long term brand building and creating meaningful connections with consumers and customers.
While contending with modern challenges such as evolving technology, uncertain economic conditions, and shortening attention-spans, the brand should be a consistent and persuasive element. Brand Power: Strategies for Instant Impact and Future Growth reveals marketing plans, decision-making drivers, and key elements that global marketers believe are essential for success in marketing today.
The research deep dives into marketers’ thoughts, strategies, and priorities and a clear message emerged: marketers are prioritizing long-term brand investment and compelling storytelling – despite significant pressure to invest in short-term wins.
The CNNIC Audiences and Data team spoke to leaders across both media agencies and advertisers in various industries to evaluate the most effective nuances and strategies for executing brand marketing. This included CMOs, VPs, Heads of Marketing and Media Directors.
The research uncovered distinct trends, including:
• Brand-building is the number one marketing goal – 78% of marketers say “improving brand awareness and reputation” is their top marketing goal this year.
• Brand-building ensures lasting brand value and long-term growth – 9 in 10 marketers are planning a brand campaign over the next 12 months.
• ‘Always-on’ approaches puts brands top of mind – 65% of brands often rely on an ‘always-on’ advertising to strengthen brand equity and achieve long-term growth.
• Purpose-driven and storytelling campaigns take center stage – 81% of marketers plan to incorporate community building and Environmental, Social, and Governance (ESG) themes into their marketing efforts.
• News providers are still vital – 91% of marketers agree that news providers are essential for brand building, with 83% indicating that advertise during major world events or breaking news doesn’t harm their brand image.
Jo Tenzer, Director of Audience Insight at CNNIC, who commissioned and produced the report, said, “Marketers often hold one of the most innovative and challenging roles in business today and this study navigates some of the complexities of the industry. The findings from this study reveal that brand-building is recognized as an essential long-term goal for companies worldwide, with leaders increasingly aware of the need to embrace continuous, purpose-driven storytelling that genuinely engages consumers. It’s also clear that international news providers continue to play a crucial role in building trust and credibility for brands in today’s information-saturated landscape.”
The survey includes participants from Australia, Japan, India, Singapore, South Korea, Hong Kong, US, UK, France, Germany, United Arab Emirates and South Africa.
To read the full whitepaper and download The Brand Power: Strategies for Instant Impact and Future Growth study visit here.