Podcast
Questions and Answers
What is Mark Ritson's perspective on the concept of brand purpose?
What is Mark Ritson's perspective on the concept of brand purpose?
According to the content, how do consumers perceive brands that promote sustainability?
According to the content, how do consumers perceive brands that promote sustainability?
What did the 2020 global study by Zeno Group reveal about purpose-driven brands?
What did the 2020 global study by Zeno Group reveal about purpose-driven brands?
What outcome did Peter Fields' research indicate about purpose campaigns compared to traditional campaigns?
What outcome did Peter Fields' research indicate about purpose campaigns compared to traditional campaigns?
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What is a key characteristic of brands that successfully embody purpose?
What is a key characteristic of brands that successfully embody purpose?
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What percentage of consumers believe brands should communicate their actions to meet ESG promises?
What percentage of consumers believe brands should communicate their actions to meet ESG promises?
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Which example is given as a well-judged campaign that resonates with audiences?
Which example is given as a well-judged campaign that resonates with audiences?
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What is a common criticism of purpose-driven marketing?
What is a common criticism of purpose-driven marketing?
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What is a primary benefit of using Out of Home (OOH) advertising compared to other media?
What is a primary benefit of using Out of Home (OOH) advertising compared to other media?
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How does the Out of Home industry contribute to local communities?
How does the Out of Home industry contribute to local communities?
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What environmental initiatives have been taken by the Out of Home advertising industry?
What environmental initiatives have been taken by the Out of Home advertising industry?
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What is a misconception regarding Digital Out of Home (DOOH) advertising?
What is a misconception regarding Digital Out of Home (DOOH) advertising?
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What specific role does OOH advertising play during the darker months?
What specific role does OOH advertising play during the darker months?
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What percentage of the UK OOH industry's energy consumption is compared to domestic appliances on standby mode?
What percentage of the UK OOH industry's energy consumption is compared to domestic appliances on standby mode?
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Which of the following best describes the approach of media owners regarding energy consumption?
Which of the following best describes the approach of media owners regarding energy consumption?
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Which feature of some bus shelter advertising aims to enhance biodiversity?
Which feature of some bus shelter advertising aims to enhance biodiversity?
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What significant impact does OOH advertising have on local sports initiatives?
What significant impact does OOH advertising have on local sports initiatives?
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How does the Out of Home advertising industry align with the goal of reaching net zero emissions by 2030?
How does the Out of Home advertising industry align with the goal of reaching net zero emissions by 2030?
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Study Notes
Brand Purpose and Out-of-Home Media
- Public perception of brand purpose is conflicted. Some believe brands should focus solely on sales, while others see marketing as a force for good.
- A 2020 Zeno Group study found consumers are more likely to buy from purpose-driven brands. Conversely, other research suggests that "purpose" campaigns are less likely to produce long-term business results than traditional campaigns.
- Successful purpose-driven brands demonstrate positive impact through actions rather than just statements. This includes visibly addressing sustainability, social inequality, and community investment.
Sustainability and Out-of-Home Media
- Consumers expect brands to promote sustainability. 72% believe brands have a responsibility, while 69% want to know about ESG (Environmental, Social, and Governance) efforts.
- Out-of-Home (OOH) media has a track record of sustainability. The majority of OOH players are using 100% renewable electricity, utilize sites powered by wind and solar, and recycle waste.
- OOH has a remarkably low carbon footprint. It consumes significantly less energy than domestic appliances on standby mode. Owners switch off sites at night, and sites provide extra street lighting.
- OOH contributes to community revitalization by planting living walls, rewilding areas, and implementing rainwater collection.
Community Impact of OOH Media
- Advertising revenue from OOH media often is reinvested in local infrastructure, schools, hospitals, and other community projects. As much as 50% of revenue is reinvested.
- OOH media owners frequently donate or lease assets (bus shelters, street furniture) to local authorities and charities.
- OOH assets can support community needs. This includes free Wi-Fi, phone charging, local calls, and automated defibrillators.
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Description
This quiz explores the intricate relationship between brand purpose and sustainability in out-of-home media. Delve into consumer perceptions, the impact of purpose-driven campaigns, and the expectations surrounding Environmental, Social, and Governance (ESG) efforts. Assess your understanding of how brands can effectively balance profitability with social responsibility.