For the first time, dentsu has collectively gathered and published the insights and predictions of all its media agencies into the 2022 Media Trends guide for marketers. In Australia futurist experts, specialists and leaders from Carat, dentsu X and iProspect have joined forces to identify and explore the biggest media trends to watch out for in the coming year.
“The pandemic, the environmental challenge we face, the power and influence of technology – this confluence of factors has given us the urgent impetus to experiment and innovate like never before. There hasn’t been a more exciting time to be in advertising and media. There is a greater sense of emotional intelligence, empathy, and humanity from consumers, and so marketers and brands have a real opportunity (and arguably, the responsibility) to rise to the occasion and redefine the value exchange,” said Linda Fagerlund, chief strategy & marketing officer, media ANZ dentsu.
The report examines three trends helping to define a route to post-pandemic recovery, each with smaller manifestations or sub-trends which have major implications for brands.
The Prolonged Pandemic describes the process of rapid adjustment, experimentation and innovation which is currently taking place as companies and consumers adapt to new ways of living.
Brand Citizenship examines how many brands are taking a more public-spirited approach to their manufacturing and marketing, using their knowledge and market power to help make the world more sustainable and fairer.
Identity looks at how, in the age of the pandemic, it is more important than ever that people be able to prove who they are, but at the same time harder for brands and third parties to know who they are reaching.
Incorporated in the three core media trends are ten sub-trends marketers should consider when planning their 2022 media campaigns, these are:
• OmniChannel Everything – Just as retail has moved to hybrid models combining online and offline, this will also be the norm for entertainment, events, work and health.
• New Ways to Buy – The pandemic has accelerated retail innovation, from on-demand grocery shopping to live video shopping, to buying via the TV.
• Virtual Worlds – Gaming boomed during the pandemic, and ideas of connected spaces (or Metaverses) are spreading to areas like virtual workspaces. VR is also very interesting.
• Secure Scarcity – Digital media has always been easy to copy, but the new blockchain-enabled NFT technology allows individual assets to be made unique.
• Fans of Flexibility – Workers are getting used to a new level of flexibility – but you can work from anywhere also means someone anywhere could do your job.
• The Responsible Rebuild – Acting sustainability to help the climate emergency, including creating better supply chains, and repairing and reselling.
• Sustainable Marketing – Using ad budgets to make the world a better place, from monitoring the societal impact of campaigns to working with diverse media partners.
• The End of Anonymity – More and more services from Google to Facebook, to Tinder to Amazon Fresh stores want users to prove their identity.
• Beyond The Cookie – iOS 14.5, and Google’s (delayed) plan to block cookies are focussing marketers’ minds to develop new ways to target and measure.
• Value Exchanges – The need for first-party data means that brands are now creating and hosting more content, to get access to consumer data and permissions.
Commenting on the change and progress seen in media, Mark Byrne, executive director digital & commerce at dentsu Australia said: “This report not only provides a useful framework to understand the future, it also gives practical advice on what brands should be doing to get there. This is certainly true for digital and commerce. On the latter, the shift to online has been well documented, but calling out the “omnichannel everything” trend is vitally important. The future is neither online or in-store, it’s a seamless blend of both, reaping the benefits of digital proximity, data and convenience, along with the advantages of intimacy and experience that comes from stores. Brands that can take this flexible approach will undoubtedly pick up new and valuable customers in the process.”
A free copy of the report can be found here.