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Copyright Cronin Group Holdings, LLC 2021, All Rights Reserved
Copyright Cronin Group Holdings, LLC 2022, All Rights Reserved
2022 Marketing
Trends to Watch
Now more than ever it is critical to
strategize ahead, reset and create new
strategies to best meet drastically shifting
consumer values and the rising expectations
consumers have of the brands they choose.
“
Betsey Gainey
SVP, Brand Strategy and Management
The COVID pandemic has made waves throughout our global society. It is forcing
change, and reimagined ways of living, working, connecting. For businesses and
marketers, it is underscoring the importance that brands place on strategy, and the
need to reassess how well they are resonating with their consumers. Now more than
ever it is critical to strategize ahead, reset and create new strategies to best meet
drastically shifting consumer values and the rising expectations consumers have of
the brands they choose.
Branding in a Pandemic World
TREND 1
Four million Americans left their jobs in July of 2021 due to changing living
situations, family dynamics and life priorities (U.S. Bureau of Labor Statistics).
What some are calling the “great resignation” signals one of the largest and
quickest shifts in consumer values. Accenture calls this group the “reimagined
consumer”; 50% of consumers who say the pandemic caused them to rethink their
personal purpose and reevaluate what's important to them in life. This shift is
resulting in a change in buying habits and creating opportunities for companies to
reset and find new ways to meet and exceed expectations. Consumers will
abandon brands that don't support their new values - and pay more to those that
do.
How well do you know your consumers and what they now value most? Strategize
ahead and reignite your brand’s growth.
A Shift in Consumer Values: Opportunity
to Connect with the Reimagined Consumer
TREND 2
of consumers say the pandemic
caused them to rethink their
personal purpose and re-
evaluate what's important to
them in life
50%
66%
of consumers expect brands to
take more responsibility in
motivating them to live by their
values and to make them feel
more relevant in the world
While we will continue to need trained
interviewers, facilitators, and data scientists,
marketers are finally embracing the benefits
of team members throughout an
organization participating in research.
“
Katie Lukas
VP, Customer Experience & Consumer Insights
Research is no longer the sole province of a specialized team. While we will continue to need trained interviewers, facilitators,
and data scientists, marketers are finally embracing the benefits of team members throughout an organization participating
in research. The best (i.e., proprietary, actionable) insights are most often generated through collaboration in a process vs a
30-page report.
To some organizations, this means developing active listening programs and ways to build a complete feedback loop between
customer insights and business activation. To others, this trend is pushing towards offering research, data repositories, and
an ongoing stream of easily understood insights that are accessible throughout the company. We’d also suggest involving
everyone in research activities, from sitting in on interviews and focus groups to looking at quantitative data to participating
in research synthesis. Embracing the democratization of research throughout the enterprise can result in deeper
understanding and a greater ability to meet customer needs.
The Democratization of Research
TREND 3
Customer Experience is no longer the province of the bold. Look for:
• Improved metrics and best practices for CX work and outcomes – CX is everyone’s
business but few are truly capitalizing on the business perspective shift needed
• Where CX lives within an organization – customer service or marketing or both
• Mature CX organizations developing a model for what comes next
Customer Experience is Everyone’s Business
TREND 4
TREND 5
In a terrific book called The End of Average by Todd Rose, he tells a story of the military cockpits that were designed for the average
pilot. The pilots kept crashing their planes, and eventually the Air Force brought in Lt. Gilbert S. Daniels, a researcher, to try to
figure out what was going on. He discovered that out of 4,063 pilots, zero of them fell within all ten ranges for the average pilot.
Like the pilots, we are all collections of edge cases. Unlike the Air Force, nobody is calling anybody in to figure out the problem.
We’re hoping that 2022 is the year that data providers and algorithms figure out that statistical averages are not a great way to
communicate with people, and that we are better defined by what makes us unique than what makes us just like the other person
that clicked that article or bought those shoes.
It’s high time for algorithms to find their edges and become much more interesting. In the process, we see innumerable
opportunities for data analytics and the customer experience to improve dramatically.
Algorithms Find Their Edges
From investments in technology to make
iterative testing and results analysis easier,
to the creation of new leadership roles and
entire teams to plan, perform and socialize
testing results, the commitment to ongoing
learning and optimization shows no signs of
letting up.
“
Mia Walters
SVP, Digital
Audience research and preference testing has long been built into product
development. For decades A/B testing was a given in nearly every direct mail
campaign. Later on, it took center stage in the capability of email programs and
digital ad platforms. Today, we’re seeing the mindset of Test & Learn permeating the
entire marketing organization. It is quickly becoming a requirement for marketing
organizations and agencies alike. From investments in technology to make iterative
testing and results analysis easier, to the creation of new leadership roles and entire
teams to plan, perform and socialize testing results, the commitment to ongoing
learning and optimization shows no signs of letting up. And with the growing use of
AI, there are no limits on scope of testing that can be conducted in an effort to mine
insights and improve results.
Digital Marketing Organizations Commit to
Building out Test & Learn Capabilities
TREND 6
The phasing out of third-party cookies has impacted marketers. It has challenged how we engage, retarget, and measure the
effectiveness of the digital campaigns. But it has also presented a tremendous opportunity to develop richer relationships with
customers. High growth brands are taking the lead on this opportunity, investing in building out first party data strategies and
technology to enable personalized experiences and deliver greater consumer value.
Rich customer experiences – think loyalty programs and AI web assistants as just a few examples – create more complete data
profiles. Incorporating these capabilities and harnessing the data profile to personalize interactions, enrich experiences and
develop cohorts will not only increase retention and affinity but create new ways of reaching others with similar interests and
characteristics.
The path forward will be challenging at times but investing in first-party data strategies will lead to a better understanding of
customers. And there’s no doubt that this will yield more effective marketing efforts.
The Phasing Out of Third-Party Cookies
TREND 7
Connecting with consumers, customers, and
prospects on their channel of choice is more
imperative than ever.
“
Jim Johnson
VP, Digital
Connecting with consumers, customers, and prospects on their channel of choice is
more imperative than ever. Campaigns are spanning social, apps, email, chat bots
and more with unified brand messaging and product promotion. Broadening the
reach goes further than reaching a wider audience to increasing customer
engagement, funnel conversion rates and higher retention. Users are now
expecting marketers to meet them on their channel of choice with the right
message at the right time. Adding in Ai technology allows you to add in behavior
mapping to engage in more relevant conversations and meaningful dialogues
during the decision phase. Companies must now think holistically about how to
have two-way digital conversations. Simply put, marketing strategies that utilize
an intentional omnichannel approach at the onset are just more successful and
allow us to meet our consumers at their time and place.
Omnichannel Marketing is Now Table Stakes
TREND 8
Today’s consumers are more socially
conscious than ever before and they actively
seek out brands and organizations that
share their moral compass.
“
AnnMarie Kemp
VP, Communications
Building and managing a brand’s reputation requires a multi-disciplined
communications approach but brand reputation hinges on more than good external
storytelling. Today’s consumers are more socially conscious than ever before and
actively seek out brands and organizations that share their moral compass. While this
is not a new trend, it is a growing trend. The increased focus on diversity, equity and
inclusion has reenergized consumer expectations – and refueled their passions.
Brands have an opportunity to define their social purpose and their values. They
need to live and breathe these values not just in corporate social responsibility
efforts but in their HR practices, their manufacturing process and at all touchpoints
from point of purchase to customer service. Brands that can prove they’re making an
impact will possess the strongest reputations, the most loyal customers and,
ultimately, enjoy the biggest business success.
Reputation Management Requires More
Than Good PR
TREND 9
Influencer marketing continues to be a growing and effective communications
strategy for brands across a wide variety of industry segments. In fact, influencer
marketing spending in the U.S. was projected to reach an all-time high of $3.7 billion
in 2021. But success is not defined by partnering with mega influencers. Micro and
nano-influencers who have smaller audiences are emerging as some of the best
content creators to effectively reach niche markets and generate greater
engagement. This is the perfect example of quality over quantity. And it opens the
door for brands of all sizes, even smaller brands, to leverage the power of influencers
to create high-impact conversations and experiences with the people you want to
reach most.
Micro Influencers Will Rule
TREND 10
influencer marketing
spending in the U.S. was
projected to reach an all-
time high of $3.7 billion
$3.7B
Tracy Klimkoski
VP, Media
Marketers will be able to bring the same
level of thinking to traditional TV buys as
they have come to rely on with addressable
digital campaigns.
“
The proliferation of customer data – once a coveted benefit available only in digital
media – is redefining linear TV and how marketers need to think about their media
strategies. The emergence of new tools and platforms, along with 1st party data
access and the continued growth of internet-connected and smart TVs, is changing
the playing field and enabling TV to be more relevant and highly targeted. This
means marketers will be able to bring the same level of thinking to traditional TV
buys as they have come to rely on with addressable digital campaigns.
“Traditional” TV Redefined
TREND 11
Leaders within the industry including Ampersand and LiveRamp are partnering to
offer marketers the tools to build and reach custom audiences across all screens.
This will help simplify the planning and buying process and enable better reporting
and connectivity between linear TV and digital environments. Most importantly, it will
reinforce the role of traditional TV – which has been steadily losing ground to
streaming services – within a brand’s overall media mix and allow marketers to better
allocate resources to leverage each platform for its strengths.
Closing the TV & Digital Divide
TREND 12
Without digital cookies audience members are marooned on islands within any given
platform or service, exacerbating an already-present problem. Hulu thinks you’re a horror
movie buff who occasionally checks out a documentary, but at REI, they know how much
you like camping and mountain biking. Within this fractured and fragmented mirror, we
become a constellation of mini versions of ourselves.
Without a solution, it begs the return of the shotgun approach of advertising. We learn
about new things by being exposed to them, not by being shown things just because the
thing is slightly adjacent to what we already like. Or – worse – what some algorithm
assumes we might like based on actuarial tables of conversion.
Marooned on Islands
TREND 13
Like cinema, the best commercials engage,
inspire and entertain.
“
Lester Ayala
SVP, Director of Integrated Production
While TV commercials are still the gold standard for most brands, tightening budgets require hiring the best director who will
bring the concept to life. Commercial directors deal in a heightened reality, a world comprised of artificial and attractive images.
They are in the seduction business and look to create visual images that sneak up on you quietly, subtly winning you over,
shifting your attitudes and working away at your emotions. Like cinema, the best commercials engage, inspire and entertain.
Commercials often take the form of short stories, compressed into a minute or even less which requires discipline and skill. But
what binds successful directors is the importance they place on narrative. Even the more experimental and visually inclined
directors acknowledge how essential it is to put the highly sophisticated tools of their trade to the service of telling a story and
creating believable, memorable characters.
Director Craft & Production Process Key to
Success
TREND 14
• AR/VR/AI and creative tech continue to innovate, creating unique experiences.
• Video creators will start making shorter videos as consumers spend more time on smart
phones.
• Video will focus on emotional triggers, entertaining, deep storytelling, and a narrative
arc to engage with viewers.
• Video ads will aim to look like professional TV commercials or movie trailers - higher
video quality content with higher production values.
• Productions will continue to increase in 2022 as production companies successfully
maintain the highest safety COVID guidelines and protocols.
• The TV commercial is alive for those who choose to think otherwise; a :30 spot during
the Super Bowl in 2022 will cost $6.5 million, up from $5.6 million in 2021.
Production Never Stops!
TREND 15
You better be clever,
clear…and short.
“
Wayne Raicik
SVP, Executive Creative Director
TREND 16
No surprise to any of the Story Brand converts at Cronin, we have entered the age of
less chest beating, and more reaching out and showing how we can help to improve
other’s lives. Creatives are storytellers at heart, so expect more stories in 2022 that
look outward as opposed to inward. And, just as important, expect storytelling to
meet our audience where they are.
We vs. Me
Ask anyone about their favorite commercials and they will inevitably recall
something that made them laugh. After the past two years, who can blame them?
That trend will not change. And with ads becoming faster, as fast as :06 seconds, you
better be clever, clear… and short.
Comedy May Still Be King, but be Clever,
Clear…and Short
TREND 17
With the growing need to measure, build,
attract and retain clients and customers,
new models will emerge in the year ahead to
prioritize strategy and spend.
“
Richard McKenna
SVP, Cronin Boston
It’s easy for marketers to be overwhelmed by the sheer number of new digital tools,
analytical demands and a variety of advertising services available to them. With the
growing need to measure, build, attract and retain clients and customers, new models will
emerge in the year ahead to prioritize strategy and spend. Rather than diffusing
marketing budgets, these models will have the ability to be laser focused on the best
channels and eliminate unnecessary waste. With what will hopefully be a waning pandemic
in the months ahead, global brands will look to enter the U.S. market and focused
marketing will be the only path to success.
Effective Marketing Will Require Laser
Focus
TREND 18
A portion of marketing dollars needs to shift
from generating appointments to enhancing
patient experience, as well as to recruiting
nursing staff.
“
Sean Folan
SVP, Health
While clinical care support staff shortages will abate as COVID subsides, nursing
shortages will continue to significantly impact the healthcare landscape. At the same
time, people who have delayed their care due to COVID will seek to re-engage with
their healthcare providers for both preventative care and elective treatment, adding
strain to an already overburdened system. This will cause patient care backlogs and
reduce positive outcomes for many. A portion of marketing dollars will need to shift
from generating appointments to enhancing patient experience, as well as to recruiting
nursing staff. This will involve identifying ways to treat patients more efficiently
through even greater use of telemedicine, involvement of non-RN care staff, improved
patient throughput processes, and improved communication with patients throughout
their care journeys.
Healthcare Worker Shortage Will Impact
Marketing Spend Allocations
TREND 19
Continued adoption of Population Health / Patient Management tools such as Epic’s MyChart will
expand opportunities for more personalized and frequent communication between patients and their
healthcare providers (people and institutions) – both during and between discrete care journeys. This
will shift some of marketing’s focus from the traditional brand funnel (driving awareness/reputation and
demand generation) to a more holistic, personalized and reinforcing brand flywheel that generates not
only awareness and usage, but also deeper patient engagement, loyalty and advocacy.
Digital Tools Will Further Enable Patient
Personalization
TREND 20
While it’s true that insurance companies and
banks need to have a robust suite of digital
tools to serve today’s savvy consumers,
these same consumers still seek human
interaction for certain types of services.
“
Frank Rinaldi
SVP, Financial Services
While it’s true that insurance companies and banks need to have a robust suite of
digital tools to serve today’s savvy consumers, these same consumers still seek human
interaction for certain types of services. The truth is, consumers find digital tools useful
for certain types of transactional interactions (e.g., making payments, looking at
statements), but still want a human connection for more in-depth interactions such as
questions about their policy coverage or bank accounts, and especially for interactions
that require attention, empathy and/or understanding such as working through details
of an insurance claim or moving large sums of money. The key to success is
understanding and anticipating consumer needs and developing points of access that
can satisfy all types of situations. Consider your digital experience as a customer
experience. Learn through AI and the latest digital tools to unleash the power of both
technology and human connection.
The Power of Human Connection
TREND 21
Trust in brands has and continues to be important. But the pandemic has led consumers to be more
fickle, ready to switch away from brands that don’t align with their values. With brand loyalty harder to
come by, brands need to be in tune with consumer mindsets. 72% of consumers expect brands to
understand and address their changing needs according to Accenture Global Consumer Pulse research.
It’s no longer simply about price, product or quality. Those items are important and always will be, but
consumers expect more. Consumer trust in both the government and media has declined during the
pandemic, opening the door for businesses to fill the trust gap. In fact, 66% say they expect businesses
to lead change (2021 Edelman Trust Barometer). Now’s the opportunity for brands to determine what
they can be doing differently for their customers, as well as for the broader group of consumer
prospects in American society who have increasing expectations.
Bonds with Brands Become More Fragile
TREND 22
Copyright Cronin Group Holdings, LLC 2021, All Rights Reserved
Interested in how these trends impact your
business? Let’s talk.
CON T ACT US T OD AY AT CL I E N T SUCCE SS@ CRON I N-CO. COM
35

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Cronin 2022 Trends March 2022

  • 1. Copyright Cronin Group Holdings, LLC 2021, All Rights Reserved Copyright Cronin Group Holdings, LLC 2022, All Rights Reserved 2022 Marketing Trends to Watch
  • 2. Now more than ever it is critical to strategize ahead, reset and create new strategies to best meet drastically shifting consumer values and the rising expectations consumers have of the brands they choose. “ Betsey Gainey SVP, Brand Strategy and Management
  • 3. The COVID pandemic has made waves throughout our global society. It is forcing change, and reimagined ways of living, working, connecting. For businesses and marketers, it is underscoring the importance that brands place on strategy, and the need to reassess how well they are resonating with their consumers. Now more than ever it is critical to strategize ahead, reset and create new strategies to best meet drastically shifting consumer values and the rising expectations consumers have of the brands they choose. Branding in a Pandemic World TREND 1
  • 4. Four million Americans left their jobs in July of 2021 due to changing living situations, family dynamics and life priorities (U.S. Bureau of Labor Statistics). What some are calling the “great resignation” signals one of the largest and quickest shifts in consumer values. Accenture calls this group the “reimagined consumer”; 50% of consumers who say the pandemic caused them to rethink their personal purpose and reevaluate what's important to them in life. This shift is resulting in a change in buying habits and creating opportunities for companies to reset and find new ways to meet and exceed expectations. Consumers will abandon brands that don't support their new values - and pay more to those that do. How well do you know your consumers and what they now value most? Strategize ahead and reignite your brand’s growth. A Shift in Consumer Values: Opportunity to Connect with the Reimagined Consumer TREND 2 of consumers say the pandemic caused them to rethink their personal purpose and re- evaluate what's important to them in life 50% 66% of consumers expect brands to take more responsibility in motivating them to live by their values and to make them feel more relevant in the world
  • 5. While we will continue to need trained interviewers, facilitators, and data scientists, marketers are finally embracing the benefits of team members throughout an organization participating in research. “ Katie Lukas VP, Customer Experience & Consumer Insights
  • 6. Research is no longer the sole province of a specialized team. While we will continue to need trained interviewers, facilitators, and data scientists, marketers are finally embracing the benefits of team members throughout an organization participating in research. The best (i.e., proprietary, actionable) insights are most often generated through collaboration in a process vs a 30-page report. To some organizations, this means developing active listening programs and ways to build a complete feedback loop between customer insights and business activation. To others, this trend is pushing towards offering research, data repositories, and an ongoing stream of easily understood insights that are accessible throughout the company. We’d also suggest involving everyone in research activities, from sitting in on interviews and focus groups to looking at quantitative data to participating in research synthesis. Embracing the democratization of research throughout the enterprise can result in deeper understanding and a greater ability to meet customer needs. The Democratization of Research TREND 3
  • 7. Customer Experience is no longer the province of the bold. Look for: • Improved metrics and best practices for CX work and outcomes – CX is everyone’s business but few are truly capitalizing on the business perspective shift needed • Where CX lives within an organization – customer service or marketing or both • Mature CX organizations developing a model for what comes next Customer Experience is Everyone’s Business TREND 4
  • 8. TREND 5 In a terrific book called The End of Average by Todd Rose, he tells a story of the military cockpits that were designed for the average pilot. The pilots kept crashing their planes, and eventually the Air Force brought in Lt. Gilbert S. Daniels, a researcher, to try to figure out what was going on. He discovered that out of 4,063 pilots, zero of them fell within all ten ranges for the average pilot. Like the pilots, we are all collections of edge cases. Unlike the Air Force, nobody is calling anybody in to figure out the problem. We’re hoping that 2022 is the year that data providers and algorithms figure out that statistical averages are not a great way to communicate with people, and that we are better defined by what makes us unique than what makes us just like the other person that clicked that article or bought those shoes. It’s high time for algorithms to find their edges and become much more interesting. In the process, we see innumerable opportunities for data analytics and the customer experience to improve dramatically. Algorithms Find Their Edges
  • 9. From investments in technology to make iterative testing and results analysis easier, to the creation of new leadership roles and entire teams to plan, perform and socialize testing results, the commitment to ongoing learning and optimization shows no signs of letting up. “ Mia Walters SVP, Digital
  • 10. Audience research and preference testing has long been built into product development. For decades A/B testing was a given in nearly every direct mail campaign. Later on, it took center stage in the capability of email programs and digital ad platforms. Today, we’re seeing the mindset of Test & Learn permeating the entire marketing organization. It is quickly becoming a requirement for marketing organizations and agencies alike. From investments in technology to make iterative testing and results analysis easier, to the creation of new leadership roles and entire teams to plan, perform and socialize testing results, the commitment to ongoing learning and optimization shows no signs of letting up. And with the growing use of AI, there are no limits on scope of testing that can be conducted in an effort to mine insights and improve results. Digital Marketing Organizations Commit to Building out Test & Learn Capabilities TREND 6
  • 11. The phasing out of third-party cookies has impacted marketers. It has challenged how we engage, retarget, and measure the effectiveness of the digital campaigns. But it has also presented a tremendous opportunity to develop richer relationships with customers. High growth brands are taking the lead on this opportunity, investing in building out first party data strategies and technology to enable personalized experiences and deliver greater consumer value. Rich customer experiences – think loyalty programs and AI web assistants as just a few examples – create more complete data profiles. Incorporating these capabilities and harnessing the data profile to personalize interactions, enrich experiences and develop cohorts will not only increase retention and affinity but create new ways of reaching others with similar interests and characteristics. The path forward will be challenging at times but investing in first-party data strategies will lead to a better understanding of customers. And there’s no doubt that this will yield more effective marketing efforts. The Phasing Out of Third-Party Cookies TREND 7
  • 12. Connecting with consumers, customers, and prospects on their channel of choice is more imperative than ever. “ Jim Johnson VP, Digital
  • 13. Connecting with consumers, customers, and prospects on their channel of choice is more imperative than ever. Campaigns are spanning social, apps, email, chat bots and more with unified brand messaging and product promotion. Broadening the reach goes further than reaching a wider audience to increasing customer engagement, funnel conversion rates and higher retention. Users are now expecting marketers to meet them on their channel of choice with the right message at the right time. Adding in Ai technology allows you to add in behavior mapping to engage in more relevant conversations and meaningful dialogues during the decision phase. Companies must now think holistically about how to have two-way digital conversations. Simply put, marketing strategies that utilize an intentional omnichannel approach at the onset are just more successful and allow us to meet our consumers at their time and place. Omnichannel Marketing is Now Table Stakes TREND 8
  • 14. Today’s consumers are more socially conscious than ever before and they actively seek out brands and organizations that share their moral compass. “ AnnMarie Kemp VP, Communications
  • 15. Building and managing a brand’s reputation requires a multi-disciplined communications approach but brand reputation hinges on more than good external storytelling. Today’s consumers are more socially conscious than ever before and actively seek out brands and organizations that share their moral compass. While this is not a new trend, it is a growing trend. The increased focus on diversity, equity and inclusion has reenergized consumer expectations – and refueled their passions. Brands have an opportunity to define their social purpose and their values. They need to live and breathe these values not just in corporate social responsibility efforts but in their HR practices, their manufacturing process and at all touchpoints from point of purchase to customer service. Brands that can prove they’re making an impact will possess the strongest reputations, the most loyal customers and, ultimately, enjoy the biggest business success. Reputation Management Requires More Than Good PR TREND 9
  • 16. Influencer marketing continues to be a growing and effective communications strategy for brands across a wide variety of industry segments. In fact, influencer marketing spending in the U.S. was projected to reach an all-time high of $3.7 billion in 2021. But success is not defined by partnering with mega influencers. Micro and nano-influencers who have smaller audiences are emerging as some of the best content creators to effectively reach niche markets and generate greater engagement. This is the perfect example of quality over quantity. And it opens the door for brands of all sizes, even smaller brands, to leverage the power of influencers to create high-impact conversations and experiences with the people you want to reach most. Micro Influencers Will Rule TREND 10 influencer marketing spending in the U.S. was projected to reach an all- time high of $3.7 billion $3.7B
  • 17. Tracy Klimkoski VP, Media Marketers will be able to bring the same level of thinking to traditional TV buys as they have come to rely on with addressable digital campaigns. “
  • 18. The proliferation of customer data – once a coveted benefit available only in digital media – is redefining linear TV and how marketers need to think about their media strategies. The emergence of new tools and platforms, along with 1st party data access and the continued growth of internet-connected and smart TVs, is changing the playing field and enabling TV to be more relevant and highly targeted. This means marketers will be able to bring the same level of thinking to traditional TV buys as they have come to rely on with addressable digital campaigns. “Traditional” TV Redefined TREND 11
  • 19. Leaders within the industry including Ampersand and LiveRamp are partnering to offer marketers the tools to build and reach custom audiences across all screens. This will help simplify the planning and buying process and enable better reporting and connectivity between linear TV and digital environments. Most importantly, it will reinforce the role of traditional TV – which has been steadily losing ground to streaming services – within a brand’s overall media mix and allow marketers to better allocate resources to leverage each platform for its strengths. Closing the TV & Digital Divide TREND 12
  • 20. Without digital cookies audience members are marooned on islands within any given platform or service, exacerbating an already-present problem. Hulu thinks you’re a horror movie buff who occasionally checks out a documentary, but at REI, they know how much you like camping and mountain biking. Within this fractured and fragmented mirror, we become a constellation of mini versions of ourselves. Without a solution, it begs the return of the shotgun approach of advertising. We learn about new things by being exposed to them, not by being shown things just because the thing is slightly adjacent to what we already like. Or – worse – what some algorithm assumes we might like based on actuarial tables of conversion. Marooned on Islands TREND 13
  • 21. Like cinema, the best commercials engage, inspire and entertain. “ Lester Ayala SVP, Director of Integrated Production
  • 22. While TV commercials are still the gold standard for most brands, tightening budgets require hiring the best director who will bring the concept to life. Commercial directors deal in a heightened reality, a world comprised of artificial and attractive images. They are in the seduction business and look to create visual images that sneak up on you quietly, subtly winning you over, shifting your attitudes and working away at your emotions. Like cinema, the best commercials engage, inspire and entertain. Commercials often take the form of short stories, compressed into a minute or even less which requires discipline and skill. But what binds successful directors is the importance they place on narrative. Even the more experimental and visually inclined directors acknowledge how essential it is to put the highly sophisticated tools of their trade to the service of telling a story and creating believable, memorable characters. Director Craft & Production Process Key to Success TREND 14
  • 23. • AR/VR/AI and creative tech continue to innovate, creating unique experiences. • Video creators will start making shorter videos as consumers spend more time on smart phones. • Video will focus on emotional triggers, entertaining, deep storytelling, and a narrative arc to engage with viewers. • Video ads will aim to look like professional TV commercials or movie trailers - higher video quality content with higher production values. • Productions will continue to increase in 2022 as production companies successfully maintain the highest safety COVID guidelines and protocols. • The TV commercial is alive for those who choose to think otherwise; a :30 spot during the Super Bowl in 2022 will cost $6.5 million, up from $5.6 million in 2021. Production Never Stops! TREND 15
  • 24. You better be clever, clear…and short. “ Wayne Raicik SVP, Executive Creative Director
  • 25. TREND 16 No surprise to any of the Story Brand converts at Cronin, we have entered the age of less chest beating, and more reaching out and showing how we can help to improve other’s lives. Creatives are storytellers at heart, so expect more stories in 2022 that look outward as opposed to inward. And, just as important, expect storytelling to meet our audience where they are. We vs. Me
  • 26. Ask anyone about their favorite commercials and they will inevitably recall something that made them laugh. After the past two years, who can blame them? That trend will not change. And with ads becoming faster, as fast as :06 seconds, you better be clever, clear… and short. Comedy May Still Be King, but be Clever, Clear…and Short TREND 17
  • 27. With the growing need to measure, build, attract and retain clients and customers, new models will emerge in the year ahead to prioritize strategy and spend. “ Richard McKenna SVP, Cronin Boston
  • 28. It’s easy for marketers to be overwhelmed by the sheer number of new digital tools, analytical demands and a variety of advertising services available to them. With the growing need to measure, build, attract and retain clients and customers, new models will emerge in the year ahead to prioritize strategy and spend. Rather than diffusing marketing budgets, these models will have the ability to be laser focused on the best channels and eliminate unnecessary waste. With what will hopefully be a waning pandemic in the months ahead, global brands will look to enter the U.S. market and focused marketing will be the only path to success. Effective Marketing Will Require Laser Focus TREND 18
  • 29. A portion of marketing dollars needs to shift from generating appointments to enhancing patient experience, as well as to recruiting nursing staff. “ Sean Folan SVP, Health
  • 30. While clinical care support staff shortages will abate as COVID subsides, nursing shortages will continue to significantly impact the healthcare landscape. At the same time, people who have delayed their care due to COVID will seek to re-engage with their healthcare providers for both preventative care and elective treatment, adding strain to an already overburdened system. This will cause patient care backlogs and reduce positive outcomes for many. A portion of marketing dollars will need to shift from generating appointments to enhancing patient experience, as well as to recruiting nursing staff. This will involve identifying ways to treat patients more efficiently through even greater use of telemedicine, involvement of non-RN care staff, improved patient throughput processes, and improved communication with patients throughout their care journeys. Healthcare Worker Shortage Will Impact Marketing Spend Allocations TREND 19
  • 31. Continued adoption of Population Health / Patient Management tools such as Epic’s MyChart will expand opportunities for more personalized and frequent communication between patients and their healthcare providers (people and institutions) – both during and between discrete care journeys. This will shift some of marketing’s focus from the traditional brand funnel (driving awareness/reputation and demand generation) to a more holistic, personalized and reinforcing brand flywheel that generates not only awareness and usage, but also deeper patient engagement, loyalty and advocacy. Digital Tools Will Further Enable Patient Personalization TREND 20
  • 32. While it’s true that insurance companies and banks need to have a robust suite of digital tools to serve today’s savvy consumers, these same consumers still seek human interaction for certain types of services. “ Frank Rinaldi SVP, Financial Services
  • 33. While it’s true that insurance companies and banks need to have a robust suite of digital tools to serve today’s savvy consumers, these same consumers still seek human interaction for certain types of services. The truth is, consumers find digital tools useful for certain types of transactional interactions (e.g., making payments, looking at statements), but still want a human connection for more in-depth interactions such as questions about their policy coverage or bank accounts, and especially for interactions that require attention, empathy and/or understanding such as working through details of an insurance claim or moving large sums of money. The key to success is understanding and anticipating consumer needs and developing points of access that can satisfy all types of situations. Consider your digital experience as a customer experience. Learn through AI and the latest digital tools to unleash the power of both technology and human connection. The Power of Human Connection TREND 21
  • 34. Trust in brands has and continues to be important. But the pandemic has led consumers to be more fickle, ready to switch away from brands that don’t align with their values. With brand loyalty harder to come by, brands need to be in tune with consumer mindsets. 72% of consumers expect brands to understand and address their changing needs according to Accenture Global Consumer Pulse research. It’s no longer simply about price, product or quality. Those items are important and always will be, but consumers expect more. Consumer trust in both the government and media has declined during the pandemic, opening the door for businesses to fill the trust gap. In fact, 66% say they expect businesses to lead change (2021 Edelman Trust Barometer). Now’s the opportunity for brands to determine what they can be doing differently for their customers, as well as for the broader group of consumer prospects in American society who have increasing expectations. Bonds with Brands Become More Fragile TREND 22
  • 35. Copyright Cronin Group Holdings, LLC 2021, All Rights Reserved Interested in how these trends impact your business? Let’s talk. CON T ACT US T OD AY AT CL I E N T SUCCE SS@ CRON I N-CO. COM 35