How Pepsi is rethinking its marketing during the coronavirus - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

PepsiCo increased its global advertising and marketing spending by more than 12% in 2019. Its North America CMO reveals how the company is rethinking its marketing during the coronavirus.

The shift was prompted by evolving priorities in light of the pandemic and a 5,000-person survey that the company did with Ipsos between March and May 2020, Lyons said.," found that 80% of respondents say that it's important that brands revise the tone or style of their advertising and communications during the pandemic.and put its marketing dollars elsewhere.

"It would be tone-deaf right now if you got a bottle of Pepsi that said 'Suns out, Buns out,'" Lyons said. "[We] gave some people something to feel good about — in an authentic way — because Pepsi is part of a lot of restaurant experiences and we want to help those restaurants and those employees." According to the survey, consumers also expect companies to support their workers, other businesses, and the community by providing salary and sick leave support to employees ; manufacturing essential resources ; helping local businesses that are struggling as a result of the crisis ; being transparency about how they are keeping employees safe ; and donating to communities in need .

Lyons said that that the topic was also close to his heart, as he lost his wife to a battle with brain cancer shortly before he became Pepsi's CMO in 2017. He said Pepsi was keeping its employees top of mind by moving some of its marketing spending into operations, keeping employees safe, and increasing their pay.

"We are all going through something that is life-changing with this pandemic," he said. "And having been through a life-changing event myself a few years ago, I know that you are a different person coming out of it."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They are going to move entirely into social media marketing and a much more prominent delivery service. Too bad they never will be as good as drpepper

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

6 Ways To Protect Your Business During The Coronavirus OutbreakTo protect your business and employees during the coronavirus pandemic, use these six strategies. What do you think about start new business and which one is best according to you?
Source: Forbes - 🏆 394. / 53 Read more »

With COVID-19, concert industry from artists to tour managers forced to rethink live shows, music productionConcerts and festivals haven't been immune to the nationwide stay-at-home orders. You wouldn’t say? You dont say Sounds like a great market opportunity for live streaming 360 VR.
Source: ABC - 🏆 471. / 51 Read more »

11 questions to ask your lender when deferring mortgage payments during the coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »