CP’s team of senior strategists and anthropologists regularly release insights on cultural, economic, and social shifts that can impact our clients. Here are their most recent observations.

1. People still dream, the scale is just getting smaller.

In the U.S., purchase decisions are shifting as people adjust to their shrinking disposable incomes. With inflation at heights unseen in four decades, cost of living has become a major concern. Although costs like driving to work and buying groceries are impacting people most, attitude and behavior changes are the most dramatic when it comes to larger expenditures like home improvement and remodeling. Even with home values soaring today, consumers fear embarking on bigger home projects due to higher cost of materials and a shrinking contractors universe. But we expect homeowners will still aspire to improve their homes, and will reframe those dreams with more scaled-back, practical approaches.

Sources: Bloomberg, CNBC, IPSOS

2. A reawakening for ‘accessible luxuries.’

Inflation in Q2 and beyond will affect household finances. People are most concerned about energy and agricultural markets and their associated rising costs. Over the past two decades, luxuries and indulgences have evolved in perception from a human want to a human right, perceived to be reward necessities to counter stress and depression. As such, when it comes to tightening the budget belt, we expect consumers to trim their spending on essentials in order to still afford their ‘new need’ indulgences.

Sources: Mintel, Financial Review, Retail Detail

3. She-flation is real and it’s being felt in a big way.

The recent spikes in goods and services is disproportionately affecting women (referred to as “she-flation”). Women tend to do most of the household purchasing of goods and thus are more often reminded of inflation in their everyday lives. People’s individual experiences with inflation depend on their purchasing habits and gender. But brands can identify customer sentiments like optimism or pessimism based on these factors and, in this case, account for the heightened emotional toll of the “pink tax” women feel right now. Brands should assess who’s most affected by inflation and do something about it.

Sources: NBC News, WNYC, UChicago

4. Treats and rewards as today’s self help. 

People are re-evaluating what is a necessity and what is an indulgence. Many people are turning to treats and indulgences as a form of reward and coping or self-help. COVID and lockdown heightened our consciousness on the importance of mental wellness and self care. A brand who encourages people to put their well-being first and encourages treating one’s self is destined to earn affinity.

Sources: Financial Times, The Baffler, AFR, Financial Times, Happiness By Design, Adobe

5. Standing up for something means defying something else.

Alignment against Russia is one of the most extreme alignments among consumers in recent history. People don’t want companies selling to Russia, buying from Russia or maintaining operations in Russia. Younger generations in particular are contributing to effectively canceling a whole country. People want brands to act on their values in ways that may be risky in the short-term, but represent a commitment to personal and organizational human values and equity. Any imaginative brand can find a way to do something similar to create natural affinity.

Sources: Yale, The Hill, The Atlantic, The New York Times, eMarketer

6. People don’t save for a rainy day when it’s raining.

Lockdown and the pandemic provided the chance for many people to consider what was a priority in the short and longer term. Inflation has now made a lot of our longer term goals seem derailed or unattainable in the present day. Consumers need to be reassured by credible sources that they shouldn’t let go of longer term goals. The economic ebbs and flows are normal and in every environment, there are opportunities to take, and plans to be made or to stick with. Reassurance from a bank to go forth with goals and plans can be very inspiring and reinforce those discovered priorities established during lockdown.

Sources: Fidelity, PR Newswire, CNBC, The New York Times, Forbes, Accenture

All good things expire. Look out for more trends coming soon.

Andrea Pappin, Corporate Affairs & Communications, ZOO Digital 

Right beside the Connelly Partners Dublin offices is an incredible place, called the Fair Play Cafe. It makes great coffee, superb sandwiches and opens early, baking its own range of fruit scones. Bliss. Yet it does so much more to help the local community here, as we found out recently. 

How the Fair Play Cafe, ZOO, Connelly Partners, Google and a whole range of local businesses all ended up working together to help (in a small way) the Ukrainian community here, all started with a decaf Americano and a leaflet. See, the Fair Play Cafe regularly runs a hospitality and barista training course for the local Ringsend community – where, over an intense two-week period, students learn coffee making, pint pulling, cocktail shaking, food preparation, top customer service skills and all the other elements you need to work in a cafe, restaurant or hotel in Ireland.   

Just how quickly a group of strangers can move to work together is simply incredible. Two days after one of the ZOO team inquired if this course could be adapted for the Ukrainian community, three people met in a room – Teresa from Google, Joe from Fair Play Cafe and Andrea from ZOO. The first question put to the group was so telling – “so, what roadblocks do we need to move to make this happen?” And happen it did, three weeks later. 

It was a real community effort to turn this initiative around with the ZOO and Connelly Partner teams giving so much. Hours of organisation were contributed, team members met our Ukrainian students on their first day at their bus stops to walk them to the Cafe so they didn’t get lost – and so many of the team contributed €10s to help pay for a lunch for the students, so there was one less thing for them to have to worry about. Thanks to the Ukrainian Matching Fund at Connelly Partners, as well as our team knocking on the doors of other local businesses in our office block, every lunch, coffee and cake our Ukrainian students needed during their course was taken care of. Other local funds help to pay for transport, and many of the trainers of the course (including baristas just back from the World Championships) all waived their fees. 

And it wasn’t just lunch or just a walk. Joe, the main organiser of the Fair Play Cafe, captured it so well in his thank you message to us: “After everyone left the building [after graduation] except for my wife and I, we just sat with them all and chatted with them for over an hour. It slowly dawned on us that they were reluctant to say goodbye to each other as they had formed a special bond of friendship and mutual encouragement, with the older ones acting as big sisters/mothers to the younger ones. There were a lot of tears among them when they finally said goodbye to each other and went their separate ways. Before they left, we assured them that we will organise a BBQ for them all again in a few weeks time when the weather improves.”

It’s the power of a coffee. And a cafe. And a community. And if you’re ever in the Dublin office, make sure to visit the Fair Play Cafe. You never know what could happen.

Brian Kastelein, Director of Data & Analytics 

So it’s official. On March 16, 2022, Google announced their intention to sunset the current version of Google Analytics, called Universal Analytics (UA), that has been the go-to web analytics tool for more than 30 million websites for the past 10 years. It will be replaced by a completely new Google Analytics environment, called Google Analytics 4 (GA4), by July 1, 2023. 

Should you care? Absolutely! Google Analytics 4 will usher in an entirely new era of web analytics that moves away from a dependence on cookies, a tracking mechanism that has come under scrutiny in recent years as concerns over consumer privacy, along with corresponding legislation, have gained traction. In Google’s own words, GA4 is “privacy-centric by design, so you can rely on Analytics even as industry changes like restrictions on cookies and identifiers create gaps in your data.”

In my August blog post, “10 Things to Know About Google Analytics 4 (GA4),” I said the launch of GA4 was a BIG deal. Now with the deadline of July 1, 2023 clearly in view, it is an even BIGGER deal and organizations need to begin to prepare for what will be a major shift in website measurement and marketing campaign tracking.

Start using Google Analytics 4 immediately

Google is making every effort to ensure that no one is caught off guard. For anyone using Google Analytics with some regularity, you’ve no doubt received multiple emails, in addition to the now persistent reminder of the approaching deadline in the blue alert bar across the top of your Google Analytics account every time you log in. 

Now is the time to heed that alert bar. There are ample technical considerations in planning the migration from UA to GA4. Everything from how to best export, store, and reference historical UA data to determining how to most effectively leverage new GA4 standards and functionality for event tagging, UTM conventions, and attribution models will need to be reviewed and configured in order to adapt to the new environment.

If you haven’t done so already, I strongly recommend setting up your GA4 property and running it in parallel to your existing UA account(s). This will allow data to begin to be collected in GA4 and provide a launching point for gaining familiarity with the new environment and exploring the many differences when comparing it to UA.

Begin to climb the steep learning curve

Beyond the technical considerations of GA4, one of the biggest challenges to be faced over the coming months is to effectively communicate to a more general and non-technical marketing audience the various impacts and implications of the shift from UA to GA4.

Complicating factors abound – and it’s going to require dedicated time, as well as a concerted effort, to navigate the UA to GA4 transition.

For instance, there is a “session” metric in both UA and GA4, however, the methodology for calculating a session in the two platforms is completely different making any year-over-year comparisons of “sessions” a bit like apples and oranges. By contrast, other standard metrics in UA, such as “bounce rate,” go the way of the dinosaurs and are replaced by new metrics, in this case “engagement rate,” in GA4.

Explaining these often nuanced differences to time-pressed and results-oriented marketing professionals, who don’t have a high tolerance for having caveats attached to their performance metrics, is going to have to be done methodically and incrementally. But the reality of a move to GA4 is that there are going to be inherent challenges to conducting cross-platform trend analysis and setting benchmarks based on historical performance levels. GA4 is truly a brand new world.

So with plenty of hurdles ahead, the upcoming months will be a true test of organizational fortitude. All marketers, from the more technical to the more creative, will need to collaborate and communicate to successfully navigate the transition to GA4. We are on the steep part of the learning curve, but the potential reward of mastering what will likely prove to be a more robust solution built for the impending cookie-less future must serve to motivate our efforts moving forward. 

It’s yet another interesting chapter for modern marketing.

Check out Brian’s article published in Siliconrepublic.com.

Image source

Neal Malone, PR and Social Media Management Supervisor

Four hours. That’s the average amount of time that Gen Z users spend on social media per day.

Once you layer in working, eating, and sleeping, there isn’t a whole lot of time to do much else.

This isn’t a generation that spends time reading articles in the morning, they don’t watch a ton of TV…and the shows or movies that they do watch are through streaming platforms or YouTube. Heck, there’s even data out there now that tells us members of Gen Z are ditching their email in favor of social DMs.

Talk about a hard advertising target, right?! Let’s put it this way…if you’re a brand trying to reach Gen Z – a generation that is already playing a big role in shaping our society and culture – investing in traditional ad formats would be like setting a pile of money on fire. Sorry, it just isn’t going to work.

So that brings us back to social media – quite literally the epicenter of all things Gen Z. There are plenty of ad formats across the various social media platforms, but the more traditional ones are quickly losing their luster. Gen Z users are experts at sniffing out ads and will quickly scroll past anything that feels too promotional. Instead, these users gravitate towards edgy, raw, authentic content featuring real people, real stories, and very little “sales speak.”

Because today, consumers are tired of being sold to. They’re over logos flashing everywhere, voiceovers that cram in talking points, and hired talent that isn’t representative of them or their communities. Consumers in 2022 are savvy and the expectations they have for brands are at an all-time high.

At Social Media Week – a three-day conference hosted by AdWeek in New York City – PepsiCo Chief Marketing Officer, Todd Kaplan, may have summed it up best when he said that “brands should make consumers feel invited, not chased.” Now, you could argue that a company with the history, scale, and brand recognition of PepsiCo doesn’t really need to sell itself to consumers anyway, but Todd’s point is an important one – and all brands should take note.

It’s not that Gen Z (and younger Millennial) consumers are allergic to all marketing and advertising – they just want brands to engage them in a different, more personalized way. The word “authentic” was mentioned more than any other word at Social Media Week (to the point where it started to generate some laughs from the crowd), but the reason why it came up so often is because consumers today demand authentic, relatable content. If it’s anything otherwise, it’s not worth their time.

So what does this mean for brands who want to reach Gen Z and other like-minded consumers?

It means engaging with influencers who can bring a trusted voice to their products, it means leveraging user-generated content to power their brand channels, and it means using social listening to identify trends and keep a pulse on evolving consumer conversations. In a general sense, it means rethinking and modernizing everything we’ve been taught as marketers over the years.

Speaking at Social Media Week, Hootsuite Chief Marketing Officer, Maggie Lower, encouraged brands to be “courageously creative” with their social media strategies and campaigns. She acknowledged that it isn’t easy for some companies to take this leap of faith into a more organic and less buttoned-up content world, but it’s a critical step that brands must take if they want to grab the attention of younger consumers.

If one thing was clear at Social Media Week across all the companies and brands that presented (you may have heard of a few: Google, Meta, Twitter, Snapchat, Glossier, Anheuser-Busch InBev, PepsiCo, and others), now is the time to dive head-first into the world of short-form video, influencers, and creator-driven marketing. After all, Gen Zers will soon be the key decision makers and content curators at our favorite brands, and this type of content won’t be a choice…it’ll be an expectation.

Now, onto the Metaverse and NFTs…just kidding! Next time, maybe.