| | | | | | | First Things First | | | March 11, 2021 | By Jess Zafarris | |
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| Here's What the Marketing Industry Lost and Gained After 1 Year in the Pandemic | | | | Today, Adweek marks one year since the pandemic began. Before March 11, 2020, the world had been eyeing the situation with uncertainty and trepidation—but that day attitudes toward Covid-19 quickly shifted. The World Health Organization officially declared Covid-19 to be a global pandemic. The NBA suspended its season that night. Beloved actor Tom Hanks announced he was infected. Basically, it was the day we all suddenly knew, this was real. Since then, a great deal has changed. “Unprecedented” became the word of the hour. The impacts have been far-reaching and dramatic for nearly every industry—and, more importantly, for people. In an exercise meant to take stock of where we were and where we are now, Adweek has compiled 12 key data points—the gains and losses in every sector we cover—which throw into sharp focus the scope of the pandemic’s trials and the way the industry has responded. Of particular note: With the workforce gone virtual, physical locations have diminished. Holding companies Omnicom and IPG alone cut approximately 2.7 million square feet of office space. Major retailers closed 8,741 stores.Meanwhile, the virtual world flourished. Amazon’s stock soared 74% over the course of 2020, and U.S. ecommerce hit $861.1 billion, a year over year increase of 44%. See 10 more pieces of data that illustrate the pandemic’s most seismic shifts. | | | |
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| A Year Into the Pandemic, Marketers Reflect on the Bright Spots of Remote Work | | Ultimately, it’s not really about the numbers—and it hasn’t been all bad. Adweek surveyed industry professionals to see how things are going in this largely remote work environment, and we found that there were bright spots that shone through the gloom. We asked marketers about their biggest wins amid all of the changes and what they learned along the way. For instance, Meghann Craig, vp, marketing at Empower, said that the shift to remote work actually managed to unify the company’s culture, which had been divided among office locations. Soak up the silver linings: Discover more sunny moments from the pandemic, including a marketer's proposal via Pizza Hut pizza. What they learned: Execs like Engine global CEO Kasha Cacy and Deutsch New York chief strategy officer Matt Baker share what they'll take away from the past year. During the past year, Adweek has worked hard to provide you with the information you need to keep your business ahead of the curve. Support us with an Adweek+ subscription. | |
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| How Fact & Fiction Tapped the Potential of Beer Brand Voodoo Ranger on Instagram | |
New Belgium has long been more than just a Fort Collins, Colo., brewery staple with a globally recognizable brand and a reputation for quality craft beers. But when it came to differentiating and boosting the profile of its Voodoo Ranger line, the brewer sought out some help from agency Fact & Fiction, which helped the brand grow its followers from 1,500 to over 60,000. Find out how the agency broke convention—and got unexpected help from Star Wars Day and Elon Musk—to connect with consumers and build the brand. Briefly: TheSkimm Has Signed Up 50,000 to Its Virtual Financial Literacy ProgramCosmo Wants to Own Commerce With Livestreaming and ClubhouseThe Information Launches Newsletters to ‘Super-Serve’ Readers and Deeply Report on Niche AreasMediahub Names Executive Lead for NY Office, Filling Long-Vacated RoleYouTube, Already a Connected TV Titan, Looks to Grow Even FurtherTV Networks Are Building Internal Ad Tech as They Dive Deeper Into Streaming | | | |
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