Why are Asian consumers so in love with luxury shopping, study asks
Asian consumers may exhibit a passion for luxury consumption, while simultaneously endorsing the moral virtues of thriftiness.
AFRICAN MARKETING NEWS
By our News Team | 2023
Issue 4 2022 of Strategic Marketing for Africa, the magazine for deep-thinking industry professionals, provides key insights for 2023 and beyond.
The latest issue of Strategic Marketing for Africa, the quarterly magazine of the African Marketing Confederation (AMC), is available online via the AMC website and remains current until end March 2023.
Issue 4 2022 (and the 6th since the revival of the AMC as the pan-African marketing body) is packed with marketing-related news and in-depth features from across Africa and around the world.
Issue 4 2022 of Strategic Marketing for Africa remains current until end March 2023. Photo credit: Supplied
Our Cover Story in this issue examines how podcasting is rising in prominence as a key part of the marketing mix in Africa, particularly within the often-fickle youth market.
With companies such as NielsenIQ recently announcing that it has developed ways to track podcast impressions and measure the impact of marketing in the podcast space, it is becoming increasingly clear that the channel does yield benefits for brands that are looking for an intimate platform on which to engage a specific audience.
Traditional advertising is still alive and kicking
Also under the spotlight in this issue is Traditional Advertising. In 2022, many marketers were surprised when the celebrated Harvard Business Review published an article headlined ‘Why marketers are returning to traditional advertising’. The three respected authors summarised their article as follows: “Pundits have long predicted the demise of traditional advertising. However, it is alive and well and headed for growth for the first time in a decade.”
In Africa, the situation is slightly different and industry experts report that, while digital advertising showed impressive growth during lockdowns, it did not dent traditional platforms, particularly broadcasting and out-of-home media, which remain stronger than in developed countries.
And if you missed the Inaugural AMC Marketing Conference 2022 that was held at Victoria Falls in Zimbabwe, our comprehensive coverage includes highlights of speaker presentations and the activities that made up this prestigious event.
Also in Issue 4 2022 of Strategic Marketing for Africa is an analysis of how Indomie Noodles created a new market niche for itself in Nigeria and, in doing so, became a brand legend that has entrenched itself in the minds of local consumers.
You will find these stories, and much more, in the latest Strategic Marketing for Africa – the voice of African marketing and the official publication of the African Marketing Confederation (AMC). Read it online here. A print edition of the magazine is also available.
Asian consumers may exhibit a passion for luxury consumption, while simultaneously endorsing the moral virtues of thriftiness.
Marketers Association of Zimbabwe (MAZ) stages glamorous 2024 National Exceptional Marketing Awards event in Harare.
Cola wars in Congo? Two new PepsiCo bottling plants for Kinshasa and Lubumbashi as Angolan-based bottler for Coca-Cola plans own DRC facility.
SA loyalty industry is delivering world-class innovation and excellence that exceeds global standards, awards judge says.
News laws are being implemented in 2025 to restrict TV ads before 9pm and ban certain online advertisements altogether.
As the influencer industry grows, limited transparency and misleading claims have led to calls for stricter regulation. Is a ‘sheriff’ needed?
David Eduaful and Nana Akua Mensa-Bonsu named Marketing Man and Woman of the Year at glamorous awards event in Accra.
Kotler will greet delegates to the Mombasa conference and share his perspectives on the future of marketing in Africa.
First step into a new era for the 106-year-old insurer as it unveils a new brand concept, ‘Living in the moment, not in the worry’.
Highly experienced company executive will leverage her varied industry background in new role as Chief Marketing Officer.
Social media hype and exciting visual presentation drives rapid growth of Egyptian desserts business, B.Laban. First Libyan outlet opens.
Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.
Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.
Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.