fromThe Drum
2 days agoBrand purpose skeptics take a 'very different story' from Peter Field's IPA study
Among critics was behavioral specialist Richard Shotton, who has drawn quite a different conclusion into the viability of purpose-led marketing from the data. The study compared and contrasted 47 brand purpose cases with 333 non-purpose cases over the same period. 57% of brand purpose campaigns studied were deemed to "perform strongly." These "well-executed" campaigns drove 15% more market share growth than standard ad campaigns, a fact many fans of purpose have grasped on to and championed.
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