
‘Best Global Brands Report 2023’ finds that brand growth is slowing
Interbrand study says lack of growth mindset, weaker brand leadership and poor forecasting are among the key reasons.
MARKETING KNOWLEDGE
By our News Team | 2023
A swing to digital media has occurred in many parts of the world. But, in African markets, traditional advertising appears to remain strong.
The Institute of Marketing Management South Africa is presenting the second in its series of IMM Friday FlashTalks this coming Friday (28 April) at 09:30am.
These podcasts are held on the last Friday of each month, anchored by renowned journalist Govan Whittles and with insights from marketing enthusiast Tarisai Moffat.
Each month the FlashTalks host thought leaders, visionaries and movers-and-shakers on marketing matters in Africa.
Image by Gerd Altmann from Pixabay
The topic this Friday is ‘Traditional Advertising: Is it Alive and Well in SA?’ The guests are Tendai Luwo, Head of Strategy at leading specialist strategic agency David & Langton, and David Gorin of Africa-focused media/advertising representative company Marnox Media.
Swing to digital less pronounced in Africa
In an article on the topic of Traditional Advertising, published in Issue 4 2022 of Strategic Marketing for Africa, the magazine of the African Marketing Confederation, Gorin noted that the swing to digital media has not occurred in Africa to the same extent as in highly developed markets.
“Certainly, digital media have taken significant ad-spend share from TV, radio, and print. But, with the general exception of print, traditional media have at least held their own, overall. And, in many countries, the explosion of OOH formats has seen increased allocations to that form of traditional media – long a stalwart for delivering reach and awareness,” he said.
Whether the year ahead will see an uptick in advertising spending in Africa – traditional or non-traditional – depends significantly on economic conditions. Tough times may translate to static or pared-back ad budgets, Gorin added.
“In the context of African countries’ media, market, and population landscapes, our view is that traditional media will continue to be the bedrock of most marketers’ advertising strategies,” he said.
You can register for this Friday’s IMM Friday FlashTalk here: https://imminstitute.co.za/imm-fridays-flashtalks/
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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.