BoF is away for its annual break until Jan. 4. In the meantime, we invite you to explore highlights of our news and analysis from the year.
WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, DECEMBER 29, 2021 | | Dear BoF Community, In 2021, brands recalibrated their marketing strategies after the disruptions of the prior year forced companies to emphasise pure performance and sales-driven marketing. With the worst of the pandemic's impact behind them, marketers were able to prioritise brand positioning and other long-term tactics that might not yield immediate sales but instead boost a brand's overall image and longevity. Meanwhile, the changing social media landscape also challenged how brands think about reaching customers. TikTok cemented itself as the Gen-Z whisperer, while doubts over Instagram's effectiveness loomed. Searching for a reset, some brands opted to go dark on social media altogether, a risky strategy that has yet to diminish the relevance of brands like Bottega Veneta. And while the pandemic's continuation has still prevented a full return to in-person shopping and socialising, more brands experimented with new marketing channels, such as Balmain's bet on streaming television and movies at home. Alexandra Mondalek, Senior Editorial Associate |
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