Add more content here...

Crunch overcooked? APAC marketing chief says no slowdown as Uber plots grocery surge, ads business ramps up with attention, Carshare bids to cull 1m cars by 2029 – and why flipping ‘crazy’ performance for brand pays

At one point “the performance marketing [team’s] main KPI was actually how much investment they could deploy,” says Uber APAC marketing boss Andy Morley. “The mandate was spend, spend, spend … It was getting crazy.” But then they realised it wasn’t actually working. Then they flipped hard to brand – well above Binet & Field’s 60:40 heuristic – and powered to delivery market leader. Today Morley says both Uber’s rideshare and food business has seen no slowdown despite squeezed wallets. Now it’s driving into grocery and beyond with another brand-powered push: “Pianos delivered in one hour” is the CEO’s mission. For its rides business, removing 1 million of Australia’s second cars within five years is the target and Morley says growth – and consumer behaviour change – is rapidly underway. Uber’s moves into trains, planes and buses in the UK could signal the shape of things to come. Meanwhile Uber’s ads business is starting to motor. Drinks and entertainment advertisers in particular are tapping people on the way to bars and on their way home. Morley thinks a shift to attention over increasingly challenged reach and frequency metrics will shape both Uber’s own spend – and the media dollars it seeks from advertisers.

Published
Categorized as Articles

Innovation culture: How Chobani and Treasury Wine Estates mixed wine and yoghurt to drive cross-category growth, faster

Chobani entered Australia in 2012 and rapidly amassed 20 per cent market share. An “astonishingly large growth” trajectory, per Roy Morgan analysis. But then growth topped out. So the company restructured, creating a multi-disciplinary growth division spanning ops, engineering, finance, insights, product, project management, marketing and packaging. The upshot is the agility to launch new products three times faster, as little as 20 weeks. Now Growth GM Olivia Dickinson is tapping into other categories, partnering with Treasury Wine Estates on an innovation session that literally ran until everyone was too hungry to keep going. She’s bidding to go beyond “sector silos” and hunting new, equally innovation-hungry brand partners.

Published
Categorized as Articles

Mastercard and Eleven launch Australia’s first wheelchair ballkid program

Mastercard, in partnership with creative agency Eleven, has launched Australia’s first wheelchair ballkid pilot program. The initiative, which debuted during the year’s first Grand Slam, aims to showcase the potential of wheelchair users to participate as ballkids in global tennis tournaments. The inaugural participant of the program was 11-year-old Sonny Rennison, a Junior Wheelchair Tennis Champion.

Published
Categorized as News

Dreaming big: BYD’s Australian distributor hires first marketing chief, new CEO, plots advertising offensive in bid for 6x growth in two years, overhaul Toyota by 2030

Overtaking Tesla last month as the largest electric vehicle car manufacturer in the world, BYD is powering in Australia via distributor EVDirect – selling 15,000 cars with virtually no ad spend, instead focusing on earned and owned media. But with a new marketing leader and CEO in place, more models set to drop in coming months, and a new media agency partner recruited, EVDirect is readying to go all out as the automotive brand majors battle for EV share. It’s aiming to overtake Hyundai within two years – and Toyota by 2030.  

Published
Categorized as Articles

IMG unveils 2024 Australian Fashion Week lineup

IMG has revealed its lineup of consumer events and programming for the official Australian Fashion Week schedule, which is being supported by American Express as the Official Payment Partner of Australian Fashion Week.

Published
Categorized as News

Salesforce and Akcelo launch ‘Waild west saloon’ to demystify AI

Salesforce, in partnership with agency Akcelo, has launched a free interactive AI experience called ‘WAILD West Saloon’ at Waterman’s Cove in Barangaroo, Sydney. The pop-up installation, open daily from 11am-7pm from Tuesday 6th to Thursday 8th February 2024, is designed to encourage Australians to ask the right questions about AI and understand its potential.

Published
Categorized as News

Myer guidance suggests modest sales growth amid economic challenges

Myer Holdings has released a trading update and guidance on its expected results for the 26-week period ended 27 January 2024 (1H24). The company reported a marginal 0.1% increase in Group Comparable Sales compared to 1H23, reflecting the strength of its improved customer value proposition under the Customer First Plan. However, Total Sales for 1H24 are expected to be down 3.0% on 1H23 to $1,829.1m, but still 13.8% higher than pre-Covid 1H20.

Published
Categorized as News