Jacques Burger

6.20.2023

Back to All

CANNES LIONS 2023 | Quickly, Slow.

When Marcel Marcondes, global CMO at AB InBev tells you that there is a 80% correlation between their brands that are winning creatively and the ones that are growing their business commercially, the argument for backing powerful creative solutions to drive business success is clear. 

Delivering those creative solutions successfully, however, makes for a more complicated conversation. At the heart of the challenge lies a conversation around when to play fast and when to take it slow. 

An investment in helping farmers in China grow better quality limes so that consumers can better enjoy their Corona experience certainly wasn’t going to deliver any sales upside in the first quarter of execution. In fact, it took three years to land the first branded lime in retail. But the 29% increase in sales that followed and the sustainability of building an ecosystem solution that also benefits communities certainly proved how a long-term perspective can deliver long term success. 

Watch the Corona Extra Lime case study:

In sharp contrast, the very same AB InBev had to pivot to change a World Cup campaign in the making for more than two years in a matter of days, when Qatar announced that alcohol sales would be banned at stadiums, including the beer provided by FIFA’s official beer sponsor for the past 30 years. Proof that the ability to craft, plan and deeply consider is only valuable if you’re prepared and equipped to change it all overnight. 

Watch the Budweiser Bring Home The Bud case study:

Play Video

A fast follower is sometimes better than being first. Perhaps not an argument for slow, but certainly an argument for diligence and consideration.

Speaking of fast, as Brad Lightcap, co-founder and COO of OpenAI desperately tried to defend his view that this new technology would not result in job losses, a great conversation ensued between Manolo Arroyo, global CMO of The Coca-Cola Company and Fernando Machado, ex-global CMO of Burger King, around the impact these new tech platforms are already having on how content is generated for marketing. Tech that few people knew even existed a year ago. Perhaps most importantly, the impact of AI in the types of talent that agencies and marketers are going to be seeking out in the coming months and years is significant and happening fast.

Find out more about OpenAI & GPT-4 here.

Yet, as much as AI is fast shifting the value and role of human output, the temptation to dive right in and invest billions in AI tech acquisition is tempered when Manolo cautions that a fast follower is sometimes better than being first. So, perhaps not an argument for slow, but certainly an argument for diligence and consideration.

The world of marketing is changing at a greater speed than ever before - and it’s not so much that we’ve not seen new tech introduced historically (think back to all the noise around the Metaverse only a year ago), but more that the benefits are so immediate. 

Yet, as much as agility and speed are powerful allies of a successful marketer in 2023, equally important is care, consideration, a long-term perspective and waiting three years for some beautiful limes to ripen.

Close

0

1

0

1

2

3

4

5

6

7

8

9

0

0

1

2

3

4

5

6

7

8

9

0

%