
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.
A.M.C. MEMBER NEWS
By our News Team | 2022
Marketers need to appreciate how young people understand brands and consume information at different stages of their development.
Marketing to children and teenagers can be a challenge for marketers because of the need to understand their different thought processes and attitudes at varying stages of development.
All of these aspects came under the spotlight at the recent IMM Fridays event organised by the Institute of Marketing Management South Africa at its new facility in Parktown, Johannesburg. The IMM is one of the founding members of the African Marketing Confederation.
Guest speaker Andrea Kraushaar during the recent IMM Fridays event. Photo courtesy of IMM South Africa
Guest speaker Andrea Kraushaar, Research and Insight Director at specialist youth market agency Youth Dynamix, discussed aspects such as how children understand brands, how young people consume information, and the importance of brand transparency when dealing with this audience.
She also emphasised that the idea of marketing to children to create ‘pester power’ aimed at their parents was an outdated concept dating back to the 1990s. Modern families tend to be more democratic and children are already part of the decision-making process when choosing products and brands. Strategies should therefore be less about ‘pestering’ and more about stressing brand benefits.
Key differences within the age groups
Looking at the different age groups within this broad market segment, Kraushaar highlighted key differences in 8-12-year-olds (the ‘Age of Belonging’) verses 13-15-year-olds (the ‘Age of Exploration’) and 16-18-year-olds (the ‘Age of Analysis’).
In the two younger age groups, for example, brand values have little meaning as everything tends to be taken at face value and the focus is on physical attributes and benefits.
As they become older, an uncanny ability to multi-task increases, as does their connection to the world through technology and their willingness to question brand claims – more so than with older consumers.
The event concluded with a panel discussion involving a group of teenagers, during which they were asked for their opinions on a range of topics relevant to marketers. Thereafter, members of the audience could pose questions to the panel.
IMM Fridays are held on the last Friday of every month. The aim of the IMM is to bring together like-minded individuals to share thoughts and experiences within the rapidly changing marketing environment.
The institute offers a wide range of value-added products and services for marketing professionals who are Associates in either an individual or corporate capacity. Find out more about the IMM here.
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.
On-the-Go stores will extend the brand and be located on TotalEnergies service station forecourts to cater to motorists and busy consumers.
The social media platform’s ad revenue is up 25.8% year-on-year and is forecast to total US$71-billion for 2024.
Alliance offers a simple, fast and convenient experience for consumers to buy groceries online, with orders being delivered within an hour.
Consumer must feel that buying the product will somehow elevate them so that they sit more squarely alongside the influencer they follow.
What are the key things that people consider before buying online? Researchers find that the computer mouse holds important clues.
Bon Marché has typically confined itself to the affluent suburbs of Zimbabwe’s capital. Now it has opened in Marondera in Mashonaland East,
As rugby fans liken the SA national team’s alternative kit to the Checkers Sixty60 e-commerce platform, the brand seizes the opportunity.
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.