
Competition watchdog in the UK warns of negative AI consequences
An increase in fake reviews and false information, as well as flouting of consumer protection laws, are all possible results of the AI boom.
AFRICAN MARKETING
By our News Team | 2022
Issue 2 2022 of Strategic Marketing for Africa is now available and makes for insightful and compelling reading for marketing professionals.
The latest issue of Strategic Marketing for Africa, the quarterly magazine of the African Marketing Confederation (AMC), is now available online via the AMC website. Issue 2 2022 is packed with marketing-related news and in-depth features from across Africa and around the world.
Our Cover Story for Issue 2 analyses Generation Z consumers on the continent and sets out to understand this young, idealistic, pro-African go-getting generation. It points out that, by around 2030, Gen Z will be the world’s largest consumer base.
The latest issue of Strategic Marketing for Africa is now available. Photo credit: Supplied
As with previous generations, Gen Zers want to make an impact and shake things up. The difference is that these digital natives have technology firmly in their corner – and they aren’t afraid to use it.
According to Ndeye Diagne, Lagos-based MD of Kantar West Africa, Gen Z may still be finding its identity, but already brands are being forced to catch up as they seek to understand these connected “social media beasts” who are tech-optimistic, authentic, self-focused, socially aware, impact seeking, vulnerable, fun-loving and committed to their African identity.
This group’s keen desire for authenticity
While it is easy to get sucked into the ease with which Gen Zers engage with the digital world through preferred platforms such as Instagram, Twitter, Snapchat and TikTok, a focus on values is equally important. Kantar’s Chief Client Officer in Nigeria, Tamara Ojeaga, says Gen Zers share some common values with older generations, such as independence and self-determination, but they spice this up with their innate creativity and innovation, plus a keen desire for authenticity.
Notes Babara Omwayi, CEO of Spark Communication, a below-the-line marketing agency based in Nairobi: “The inclination towards valuing experiences has gone a long way towards the power and influence they yield in shaping shopping patterns. They are not motivated by money, rather by value.”
She adds: “This inclination makes them attach value to what is important to them and influences their shopping patterns, careers and employers. Considering this fact, brands and companies must earn their trust by developing solutions that align with their values.”
You can read the article on page 10 of the latest magazine.
Also under the spotlight in this issue is the topic of Loyalty Programmes and their relevance to African marketers and consumers.
Preneshen Munian, CEO of TLC Marketing for Middle East, Africa and South East Asia writes that, having long been overlooked as a region, Africa’s rapid economic growth and the large-scale adoption of hand-held technology and associated fin-tech solutions mean that consumers are ready to be rewarded for their loyalty to brands – if those rewards are relevant and meaningful. Read the article on page 22.
You will find all these stories, and much more, in Issue 2 2022. Strategic Marketing for Africa is the new voice of African marketing and the official publication of the African Marketing Confederation (AMC). It is available quarterly in Digital and Print editions.
An increase in fake reviews and false information, as well as flouting of consumer protection laws, are all possible results of the AI boom.
As tougher times bite, only 10% of CMOs believe their marketing investments will enable them to emerge better off than their competitors.
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Bon Marché has typically confined itself to the affluent suburbs of Zimbabwe’s capital. Now it has opened in Marondera in Mashonaland East,
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Sports apparel company renews an old partnership with Newcastle United as it further cements its presence in top soccer competitions.
Interactive Advertising Bureau study finds internet advertising has reached a new high of 34% of the overall SA advertising market.
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.