| | | | | | | First Things First | | | January 29, 2021 | By Jess Zafarris | |
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| Bud Light Seltzer Makes Lemonade of 2020's Lemons in Super Bowl Ad | | | | 2020 handed out far more than its fair share of lemons, and a new Super Bowl spot has made the metaphor quite literal. A group of friends wonder when Bud Light Seltzer started making lemonade—a question answered in a flashback to everyone’s least favorite year as lemons rain from the sky, causing as much destruction as you’d expect of falling fruit. [Watch the chaotic, yet oddly charming fruit storm.] More of the latest Super Bowl LV updates: Celebs are going through some stuff in this year’s Super Bowl ads: Matthew McConaughey is a kite, Amy Schumer has wings, and now Jason Alexander is a disgusting teenager’s hoodie in Tide’s ad, which was unveiled Thursday and features a wonderful Seinfeld Easter egg.Pringles’ Super Bowl tradition of focusing on “flavor-stacking” continues, this time with a team of unfortunate astronauts whose welcoming party is distracted by the chips.On Wednesday, we reported that Super Bowl ad inventory was “virtually sold out.” Now, Adweek’s Jason Lynch dives deep to explore how ViacomCBS quietly pulled off this titanic feat despite the challenges of the pandemic.Babe wine, the NFL’s official wine sponsor, is partnering with Chrissy Teigen’s mom Pepper, whose cookbook features a crispy chicken wings recipe paired with an exclusive Babe red. | | | |
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| On Reddit and Discord, Digital Day Traders Took On Wall Street | | As you may have read, a battalion of day traders, long active on Reddit’s /r/WallStreetBets, collectively drove up the price of GameStop stock after hedge funds decided to short-sell it. The community has also propped up other companies that are past their glory days including Blackberry, AMC Theatres and Bed Bath & Beyond. Normally these “pump and dump” stock manipulation schemes are done in secret, said former SEC cyber crime official Jerome Tomas. But this community acted in broad digital daylight. “So these are either the worst fraudsters in the world or the best fraudsters in the world because they’ve literally said, ‘I am going to do this and see if you can stop me.’” It’s driven by what data scientist Steve Spalding calls “a fascinating combination of hope and spite.” Adweek’s Scott Nover has the inside look at this recurring tune, played to the drum of sticking it to Wall Street. Yesterday, investment app Robinhood fueled the fracas by restricting trading for GameStop—a move that was met with a tsunami of outrage, even from bipartisan lawmakers. Read why strategist Austin Braun says the knee-jerk decision will plague the app brand forever. | |
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| Marketing and Media Pros Share What’s Ahead in 2021 | | We’ve officially concluded Adweek’s virtual event, Outlook 2021: The Year Ahead in Marketing and Media, and we’re all the richer for the deep, actionable insights provided by the pivotal industry players who shared their perspectives on the road before us. Here were a couple of key highlights: Jacksonville Jaguars CMO Julian Duncan outlined in true NFL fashion how to authentically and powerfully approach social justice as a brand. “Move with intention and purpose,” he said. Check out a visualization of his key plays.Luma Partners' Terry Kawaja, who always delivers insight-rich—but also charmingly zany—insight explained how changes in ad tech, which “suck” but are necessary, are leading to consolidation and “horizontality.” Find out what that means.PayPal presented case studies on how more flexible payment options during online checkout can increase brand loyalty and lower cart abandonment rates. | |
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| | Adweek Promos and Events | Don't Miss Challenger Brands, a Brandweek Virtual Experience | | | | Join Adweek for the 2021 Challenger Brands Summit, a Brandweek virtual experience on Feb. 22-25 for four days of Main Stage insights, Breakout sessions, marketer-led Masterclasses, virtual networking experiences and more. Register now and learn from top challenger, incumbent and legacy brands such as Hello Products, Prose, Pearle Vision, Burger King, Roblox, WHOOP, House of Harlow, iRobot, Once Upon a Farm, Bombas and many, many more. Don't wait — prices increase on 2/9. | |
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