To explore the marketing industry’s pulse on positivity, Praytell is introducing the 2021 Optimism Index. In partnership with insights and strategy firm Kelton Global, the Optimism Index is an annual research initiative to assess sentiment from marketing leaders across industries, examining their motivations and the outcomes they’re seeing from the front lines. It’s all in the name of understanding their outlook and the path to positive work that drives reputation and growth.
Marketing Technology News: Avatier Unveils 2021 Spring Release Identity Anywhere Suite
As part of its new Index, the agency is also launching Praytell Advance, its first ever Reputation practice led by chief reputation officer Adam Warrington, who joined the agency in February 2021 from Anhesuer-Busch. The practice will focus on reputation advancement, not management, as Praytell believes advancement to be inherently proactive and rooted in optimism and creativity.
“After an era that demanded reputational brand management steeped in stoicism, we knew we weren’t alone in asking – when is it the right time to lead with optimism? When is the era of ‘now more than ever’ over and how are marketers feeling in general, and what are they seeing that we can’t?” said Adam Warrington, Praytell’s chief reputation officer. “Perhaps the most precious resource available to marketers is optimism, and with today marking the summer solstice, we chose to launch our inaugural Optimism Index on a day that inherently inspires people across the world.”
So what did Praytell discover?
AFTER A LONG YEAR(+), OUR INDUSTRY IS PRIMED FOR POSITIVITY
- 88% of marketing leaders want more positive messaging in ads.
IT’S NOT A BLIND SENTIMENT. OPTIMISTIC MARKETING (STILL) DELIVERS
- More than 70% of marketers find that optimistic ads are more effective and memorable than pessimistic ads.
- Over 80% of marketing leaders believe that optimistic campaigns deliver better ROI.
THERE’S OPPORTUNITY TO TURN UP THE DIAL, FINALLY, TO PULL CONSUMERS FORWARD
- 52% marketers believe too many ads today are negative.
- Only 37% think society is becoming more optimistic in general.
Marketing Technology News: MarTech Interview with Ben Brenner, VP of Business Development and Strategy at Digital Remedy
AT A TIME OF UNPRECEDENTED INDUSTRY CHANGE (AND CHURN), THERE’S CLEAR OPPORTUNITY
- Marketers believe in and want to work on positivity. 90% agree that marketing has the opportunity to have a positive impact on society.
- Staff need a reason to believe. In fact, 89% say the most enjoyable campaigns to work on in their profession are positive ones.
- Millennials appear to be the most positive generation. They are more likely to find reason to feel optimistic about the economy (99% vs. Boomers+: 81%) and society more broadly (94% vs. Boomers+: 69%)
- Marketing professionals, who have been at their current company for less than 5 years, are especially optimistic about delivering high-quality work (63% vs. Total: 52%) and increased customer engagement (57% vs. Total: 46%).
OPTIMISM FEEDS AND NOURISHES MORE OPTIMISM
- Looking ahead, 88% of marketing leaders are just as, if not more, optimistic for their industry’s future a year from now.
- 74% say they are seeing more positive than negative signals from peers.
“Praytell Advance will tap into the zeitgeist to create new positives rather than react to negatives,” continued Warrington. “Using optimism as a key lever to drive favorable reputation gains, there is a world of opportunity waiting for those bold enough to become and stay optimistic.”