A report on the state of marketing expertise and opportunities
has been launched. The report which is fallout of a global marketing
conference reveals the gap in consumer understanding that local and
regional marketers say exists at a global level.
According to a statement issued in Lagos by Advertisers Association
of Nigeria (ADVAN), the report contains the key challenges that all
brands face in Africa, notably the lack of reliable data, including
media consumption and retail performance, as well as the progress that
marketers in the region are making in delivering more effective
marketing.
“It reveals the gap in consumer understanding that local and regional
marketers say exists at a global level. 55per cent respondents agreed
with the statement that global colleagues do not understand consumers in
our local markets and only 20 per cent disagreed.”
The local versus global debate also applied to local agency partners,
with 58 percent of respondents agreeing that local agencies have a
superior understanding of local business issues than international
agency brands.
Nevertheless there was also a lot of common ground with marketers in
other regions with key priorities cited as brand positioning,
integration, consumer insights and marketing analytics. This reflects
many of the core concerns that a most recent survey of marketer
priorities indentified, where integrated activity planning and digital
marketing are the top priorities.
President of ADVAN, Mr. Kola Oyeyemi said at the launch of the report
that, “It was a week of knowledge, new experiences and new insights
into the marketing profession especially as it affects measurement of
effectiveness in marketing”
“It was quite insightful to learn from other markets the challenges
and proven solutions to key marketing issues, these results are also
applicable and automatable for Nigeria. We are back with fresh
information to ensure best practice marketing in Nigeria,” ADVAN
president said.
The event was attended by key stakeholders and afforded players in
the industry worldwide, the opportunity to brainstorm on issues
affecting its growth.
The new report seeks to unravel Africa’s marketing challenge and was
done in collaboration with other local bodies such as Millward Brown and
National Advertisers Associations in Cameroon (CMA), and many others.
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