The National Basketball League (NBL) has appointed SPEAK Communications and The Gifted Group as its official Public Relations and Talent agency partners for the 2024/25 season in Australia. The agencies have been charged with helping to elevate the NBL’s visibility, popularity, and engagement with a growing audience both domestically and internationally.
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McDonald’s, Coke, UberEats, YouTube pile into gaming as PwC suggests in-game ad revenue has overtaken news media – and will double in four years
Australian brands will spend more than a billion dollars on advertising inside gaming environments this year, according to latest PwC figures, overtaking the combined advertising of digital and print media for the first time. By 2028, the firm suggests Australia’s in-game ad market will eat $2bn in local ad dollars. Engagement is massive – and younger audiences are spending more time gaming than on social media. Which provides an indication of how big the market will become.
Influencer posts sway more young Aussies than TV ads, reveals new report
Over half of Australians aged 18 to 29 are more likely to try a new product based on an influencer’s post, according to a new report by IZEA in collaboration with influencer and content specialist agency Hoozu.
TerryWhite Chemmart leverages Zitcha’s platform for new retail media network
TerryWhite Chemmart, one of Australia’s largest community pharmacy brands, has launched a dedicated retail media network, ‘TWC Connect’, powered by Zitcha’s unified retail media platform.
Canva acquires Aussie startup Leonardo.Ai, boosts visual AI capabilities
Aussie design platform Canva will acquire Leonardo.AI, a prominent generative AI content and research company and another one of Australia’s fastest-growing startups.
P&G reports steady growth amid economic challenges, forecasts positive outlook for FY2025
The Procter & Gamble Company (NYSE:PG) has reported flat fourth quarter sales but managed to chalk up a 2% increase to fiscal year 2024 results to US$84 billion.
‘Keep Moving’: REA Group brushes off Domain claims, doubles down on category leadership in big brand push with scale, product and CX key battlegrounds
REA Group has made the Paris Olympics the launchpad for realestate.com.au’s big new campaign, ‘Keep Moving’. General managing of audience and marketing, Sarah Myers, is hoping to open up its market share lead ahead of the crucial spring selling season. It’s a play for scale both in messaging and in strategy – the next six months will see executions rollout across TV, BVOD, YouTube, OOH, cinema, radio, digital display, digital audio and social, with a suite of iterations to tackle both brand and product across both buyer-seller and rental segments. It’s a big push, but Myers maintains that REA isn’t worried about it’s biggest rival’s claims of playing catch up. “Our audience position and our brand position has actually never been stronger” she claims.
Retail media eats Google search dollars, display tails off, broadcasters moving towards ad model tipping point, next year’s growth biggest to 2028 – PwC
There’s some light at the end of a brutal tunnel for parts of Australian media, according to PwC’s Australian Entertainment and Media Outlook report, released this morning. Retail media – particularly Coles and Woolworths – will take a bigger chunk of search revenues. Consumers will keep spending billions of dollars on content, though much will be soaked up by telcos. Broadcasters are managing the transition to streaming better than newsmedia went digital – but are currently in the transition danger zone. Digital out of home is on a tear although the network growth which has underpinned revenue growth may have reached equilibrium according to capex spend analysis by the consultancy. Gaming is finally benefiting from the immutable law of advertising – money follows the eyeballs, whether that’s all those eyeballs down in the basement playing League of Legends, Call of Duty, and Halo, or on the train to work playing Monopoly Go, Roblox or Candy Crush. Either way, next year looks likely to be the best revenue wise from here to 2028.
B2B marketing fundamentals upended: Bain-B2B Institute study consigns traditional lead gen, KPIs, metrics to bin as ‘hidden buyers’ missed, trillions lost
B2B buyers across 515 brands – including Tesla, PepsiCo, Delta, Pfizer, Hyatt and Comcast – add heft to a growing body of evidence that B2B marketing is literally missing half of decision-makers and losing trillions of dollars in deals annually as a result. The Bain-backed study, by LinkedIn-funded think tank The B2B Institute, suggests “hidden buyers” influence half of the buying process and have very different requirements from target buyers. They don’t care about features, it’s all about downside risk management, AKA backside covering. It means lead generation, measurement, KPIs and fundamentally, brand-performance strategies are all wrong. Those that flip the model and think of B2B marketing as “buyer group marketing” and brand as “deal risk insurance” will unlock massive upside, fast, say B2B Institute founder Jann Martin Schwarz and EMEA and LatAm lead, Mimi Turner. Schwarz is staking his reputation on it.
Zepic launches hyper-personalised customer engagement platform following $2.1m pre-seed round
ZEPIC customer experience software company, has launched a platform designed to enable hyper-personalised customer engagement.