Good morning Marketer, amid social unrest, how should brands respond? 

Historically, big brands are apt to play it safe when it comes to taking a side on political and social issues. While that narrative has shown signs of change over time, the conventional wisdom has largely remained: Stay out of it. 

But at a time when silence is no longer an option – and consumers, activists, and public figures are speaking out – brands are increasingly expected to take a stance on social and political issues. A recent Washington Post poll found that 74% of Americans support the Black Lives Matter (BLM) and anti-police brutality protests, but beyond this general support, there are more complicated views on whether brands should be speaking out – and about which issues.

One of the other challenges for brands, as a January Morning Consult survey showed, is convincing audiences that their positions are authentic or sincere. A plurality of consumers (42%) said companies “try too hard to make it seem like they care about things besides their own bottom line.” Another 22% said they “didn’t know” and 36% were supportive of brand activism. 

While pressure to take political positions has been growing for some time, the urgency to speak out could be a watershed moment of sorts. Brands that went all-in on BLM and the protests will be expected to equally stand up for other issues going forward. As our own editor, Greg Sterling, puts it, this could be the start of a new and much more complex era of brand marketing.

Keep scrolling for more, including a Pro Tip on ad budgets and automated bidding.

Taylor Peterson,
Deputy Editor

 
 
 

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Social Shorts
 

Don’t pause campaigns, reduce budgets to keep learning

“We know that the machine learning models for automated bidding are constantly learning, even before campaigns are set on automated bidding,” explains Fred Vallaeys of Optmyzr. “All the system needs to learn is for conversion tracking to be enabled. From that point forward, every query’s data becomes part of the model that calculates the probability of a future query to convert. Because many advertisers temporarily halted online ads, we now have some new insights into what happens to automated bidding algorithms when you starve them of recent data. Campaigns that were paused during the pandemic seemed to stop learning and when re-enabled were confused about the new state of the world and needed significant time (~2 weeks) to again understand how to help set the right bids to help advertisers reach their goals.”

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What we're reading
 

We've curated our picks from across the web so you can retire your feed reader

Reddit Turns to Michael Seibel to Replace Alexis Ohanian – Gizmodo

Hybrid Marketing Marries the Online and Offline Worlds – CMS wire

Nielsen brings gaming, extreme reality tech to shopper marketing program for CPGs – Marketing Dive

Alibaba taps international influencers to sell more globally – TechCrunch

Facebook lifts ad ban on non-medical face masks – The Verge

US Retail Sales to Drop More than 10% in 2020 – eMarketer

AMC Becomes First Independent Network To Join The On Addressability Initiative – AdExchanger