As the Unilever Foundry approaches its second birthday, the start-up hub is preparing for the future. Its head Jeremy Basset explains why redefining the Foundry's targets and promoting social purpose is now more important than ever before.
As the public becomes more health conscious and plans for a ‘sugar tax’ remain firmly on the table, big brands such as Coca-Cola, Britvic and Innocent are determined to respond to consumer needs – and are more vocal than ever.
The Consumer Electronics Show is ostensibly a tech conference and a future-gazing one at that. A lot of the innovation on show won’t actually be in the hands of consumers for years, if ever. Yet a growing number of marketers from non-tech brands such as Unilever, New Balance and L’Oreal are in attendance.
Procter & Gamble has overtaken Unilever to take the title of the most effective global advertiser while "breakthrough brands" including Ikea, Heineken and Jaguar owner Tata Group climbed up the rankings.
The strong dollar is taking its toll on the world’s largest consumer goods companies, forcing many to raise prices and cut costs amid an increasingly unsettled global economic environment that is prompting warnings about volatile trading ahead.
Unilever's marketers will now have to adopt ‘zero-based budgeting’ – meaning that they will have to justify spending on all new brand activity rather than budgets being based on the previous year’s spend – as the company expands its efficiency drive.
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