UM Weekly Roundup: 23rd October 2020

Why is this important?

This latest update is another way Snapchat is trying to enhance the contextual information and utility it provides to users in their everyday lives. Snapchat, like other technology brands, is trying to ensure consumers are the most informed that they can be. The product scanning capability is the latest update in its mission to do so, and follows its other updates, including being able to identify music via its partnership with Shazam and scannable promotions based on logos in McDonald’s and Coca Cola campaigns.

Matt Salmon, Channel 4’s director of sales, said: “Our primary objective is to ensure that TV remains the most effective advertising medium for you. To do this, we believe that we must ensure that the campaign that you booked is the campaign that you are delivered; a well-crafted schedule that maximises return across all the metrics that makes TV such an effective advertising medium for you.”
ITV is still operating with a temporary four week booking deadline and have removed late-booking fees until “at least the end of 2020”.

Why is this important?

With such uncertainty over what the pandemic holds for the next year, a permanent shorter deadline allows brands to be more agile with their advertising. It makes TV more accessible to those advertisers who may want more flexibility, such as digitally led or performance driven brands who cannot commit to booking so far in advance. It is also proof of the permanent effect that the pandemic is having across the advertising industry – not just on reducing spends and amore digital focus, but on becoming more flexible to meet advertisers’ needs.

Why is this important?

In the first case of ‘home diversification and improvement’, brands with products that can either improve home life or bring activities that previously occurred elsewhere into the home, need to assess and target their offering in peak season to capitalise on this whether via creative, copy, product improvement or complete product refresh.

In terms of the second trend, it goes without saying that having an online store, online booking or online order and physical pick-up system is now mandatory. What is new and growing in demand is the ‘enhanced shopping experience’ where automated digital tools, immediately available communication and extremely efficient order to delivery processes are needed to keep up with consumers wanting an online/in-store hybrid experience.