Demos Available to Brands and Journalists at Stagwell Booth GL-03
NEW YORK and LAS VEGAS, Jan. 3, 2024 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, will debut its latest AI-enabled startup SmartAssets, part of Stagwell Marketing Cloud, on the convention floor at CES 2024, as it rolls out global client solutions in artificial intelligence across three areas: enablement across operations, efficiencies in marketing, and engagement with consumers.
“AI is a quantum leap for creativity and productivity that will drive a new age of value creation for modern business. Stagwell intends to lead this transformation,” said Mark Penn, chairman and CEO, Stagwell. “Whether you’re a global player or a nascent challenger, developing an approach to the three E’s of AI is the best way to stay ahead in this year of competition, and there’s no marketing network boasting the breadth of full-service digital transformation and self-service AI products like SmartAssets to help clients adapt.”
Spanning its digital transformation agencies and AI-enabled product set, Stagwell has created a set of offerings to meet this demand, encompassing:
- Enablement Across Operations – Empowering organizations to unlock the potential of AI to streamline operations, elevate decision-making, and transform their proprietary data into a strategic wellspring for future growth.
- Efficiency in Marketing – Revolutionizing marketing dynamics through the intelligent application of AI across research, communications, media, and creative production, effectively reducing the cost of delivering precise messages to the right audience at the optimal moment.
- Engagement with Consumers – Using AI to create the future of consumer engagement, where AI-driven anticipation sets the stage for unparalleled brand loyalty and tailored brand experiences.
SmartAssets: Creating the Future of Creative Optimization
SmartAssets – the winner of Stagwell Marketing Cloud’s 2022 innovation competition – is a three-pronged tool empowering transformation across the Three E’s of AI. SmartAssets uses AI to extract creative components from ads, assess performance data, and optimize future ads for effectiveness with instant generative AI adjustments. Investment in the tool is already paying off, with top brands in discussion to pilot the resource in 2024.
“SmartAssets is the smart answer to the imperative for content and advertising effectiveness in an age that demands more anticipatory marketing,” said Lindsay Hong, co-founder and CEO of SmartAssets.
Stagwell’s groundbreaking partnership with Google Cloud, first announced in October 2023, will fuel an accelerated development and sales pipeline for Stagwell Marketing Cloud’s newest startup, as the two tech giants partner to develop generative AI solutions for marketing services.
Brands and agencies interested in getting a preview of the platform can schedule demos with SMC on the ground at CES 2024. To request information, email ces2024@stagwellglobal.com.
About Stagwell
Stagwell (NASDAQ: STGW) is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
About Stagwell Marketing Cloud
Stagwell Marketing Cloud (SMC) is a marketing-focused, AI-enablement platform built for the modern marketer. Born out of Stagwell’s (NASDAQ: STGW) network of award-winning marketing agencies, SMC’s technology empowers marketers to drive business impact by giving them intuitive tools equipped with proprietary, actionable data. SMC’s portfolio of solutions powers strategic customer research, communications, and media activation for brands worldwide by leveraging technology such as generative and predictive artificial intelligence, shared augmented reality, and more. Get your head in the cloud at www.stagwellmarketingcloud.com.
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Sarah Arvizo
pr@stagwellglobal.com
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Experts from Stagwell, SKDK, Targeted Victory, and The Harris Poll will be on the ground hosting events and sharing insights
NEW YORK and WASHINGTON, Jan. 2, 2024 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, announced its Risk and Reputation Unit will be on the ground at CES 2024. The group of leaders from corporate communications, politics and consumer research will share their insights and perspectives on how brands can best navigate the tumultuous year ahead in advance of the November 2024 U.S. Presidential election. Click here to connect with the unit and learn more about Stagwell’s overall presence at CES 2024.
Stagwell’s Risk and Reputation Unit is a bipartisan team of political, financial and public opinion specialists who counsel corporations on navigating political, policy, and social issues while protecting reputation and shareholder value. Leaders from the unit who will be on the ground include:
- Stagwell Chairman and CEO Mark Penn
- Stagwell Vice Chair and 2025 Chair of the Public Relations Society of America, Ray Day
- Co-CEO of The Harris Poll John Gerzema
- VP of Targeted Victory Matt Gorman
- Managing Director and President of SKDK Political Pia Carusone
To request a meeting with the Risk and Reputation Unit, reach out to ces2024@stagwellglobal.com.
About Stagwell
Stagwell (NASDAQ: STGW) is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
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Connect with Stagwell at CES 2024
Stagwell will return to Las Vegas for CES 2024, where we will host a series of conversations at the intersection of business, marketing and impactful technology. Join us for interactive briefings, hands on experiences, and shared discourse to level up your experience at the world’s biggest technology show.
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Boot up! The U.S.’ biggest technology show, CES, is just around the corner and Stagwell is headed to Vegas with our eyes peeled for the technology that will drive marketing and business transformation in 2024. CES is inspirational, no doubt. But for modern business leaders, finding focus on the convention floor can be tricky.
To help the C-Suite parse the fads from the frontiers at CES, Stagwell is launching the first edition of a new insights series, C [×] O. Across some of the biggest creative, technology, and marketing events this year, we’ll bring our brand of smart, quick insights to focus the C [×] O in your organization on the most valuable transformations to track. At CES, we’ll be looking out for trends for the CEOs, CMOs, CTOs, and C(Communications) Officers.
Still getting your plans together for Vegas? Meet our experts here and read on for their predictions of what to expect on the ground.
CEOs: Remember the VCR
David Sable, Vice Chair, Stagwell
CES can be the equivalent of watching a focus group with a loud and polarizing participant who creates a dynamic around one POV that suits their purpose. I refer you, with caution, to the years where we heard that drones would take over the world; AR/VR would change everything we did; Climate issues would be core to all that we buy: TV screens were dead and gone: and of course, AI will rule the world.
In 1970, at CES, Phillips introduced the consumer VCR, bringing a $50,000 TV studio product to our homes…which evolved to the Streaming we have today. Keep your eyes open and your minds free. Think about that VCR, ignore the group think, and see if you can spot what actually might be next. Contrarian thinking may unlock an unpopular or unexpected path to transforming your business. More to come from the floor.
CMOs: Look Out for The Age of Smarter Creativity
Maggie Malek, President, North America, Crispin Porter + Bogusky
CES 2024 will be another chapter in the narrative of finding the balance between technology and people. AI will, of course, be the champion as it’s top of mind for virtually everyone, but 2024 will be about how companies utilize the tech to enable even smarter marketing. CMOs will continue to have to find the right magic middle of leveraging AI for efficiencies while re-investing those savings into areas to drive their business. AI will allow dollars to be spent towards smarter creative; more access to creators as advertisers; reduced media waste with AI-enabled adtech; revitalizing purpose-driven investments from equity to sustainability; and stronger digital experiences to drive personalization in a cookieless world. Life post-pandemic has always been about efficiency, but we’re optimistic 2024 enables brand building to re-emerge even smarter than before.
CTOs: The Quantum Era Puts the CTO-CMO Partnership in Focus
Justin Lewis, Chair, Constellation
Technology transformation surged in 2023 with the adoption of consumer-friendly GenAI. This shift mirrored the early days of social media, swiftly evolving from initial skepticism to a rallying cry for global businesses and tech leaders. CES 2024 promises to chart AI’s continued trajectory as we are treated to tangible results from a year of experimentation across various sectors.
CES will be a pivotal moment for tech leaders, emphasizing the imperative collaboration between Chief Technology Officers (CTOs) and Chief Marketing Officers (CMOs). Expect organizations to rekindle focus on this partnership, which is essential for transforming innovation into category-defining opportunities. On the ground, I’ll be tracking how immersive tech like AR and VR gains traction, infiltrating education, fitness, and business applications; how industries expand blockchain’s applications, especially in healthcare; and how quantum computing, a game-changing tech, takes the spotlight for its problem-solving prowess and security enhancements, demanding collaboration between tech experts and the government to navigate associated risks.
CCOs: With Mis/Mal/Dis-Information Afoot, 2024 is the Year of Responsible Tech
Ray Day, Vice Chair, Stagwell
For Chief Communications Officers at this year’s CES, “responsible tech” needs to be a major theme. While AI was THE headline of 2023, adopting it – as well as other game-changing technologies – responsibly and ethically will be job one for those of us trusted with stewarding an organization’s reputation. Comms leaders need to be focused on technology and its role in misinformation – especially leading up to the U.S. General Election; polarization and how to use technology to bring people back together; and better anticipating the ever-increasing reputation risks technology will pose in the year ahead.
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By: Ray Day
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We wanted to share our latest consumer and business insights, based on research from Stagwell. Among the highlights of our weekly consumer sentiment tracking:
2 IN 5 STILL FINISHING HOLIDAY SHOPPING
Holiday shopping is in the home-stretch – and this weekend’s Super Saturday is expected to be a banner day. What are we buying? Clothing and accessories are at the top, followed closely by gift cards, according to our Harris Poll survey with Retail Brew.
- Among shoppers polled this past week, 2 in 5 still were shopping for all or most of their gifts.
- What are they shopping for? Clothes and accessories are at top (60%), followed by gift cards (58%), toys (44%), personal care and beauty items (38%), electronics (37%), books, video games and media (36%), and food and beverages (35%).
- The people who procrastinated rely on retailers’ websites (63%), directly from brands (43%) and social media (31%).
- Overall this season, 19% said they exclusively shopped online, and 8% only shopped in stores.
ECONOMIC VIEW DIPS BACK
Americans are slightly more negative on the economy and its outlook versus a month ago, according to our most recent poll with the Center for American Political Studies at Harvard University.
- 32% say the country is on the right track (down from 35% a month ago), and 33% say the economy is on the right track (down from 35% a month ago).
- A third of the country (33%, up 3 points from the prior month) list price increases and inflation as the country’s top issue, followed by immigration (28%, up 3 points), economy and jobs (23%), guns (18%) and crime and drugs (18%). Concerns about the Israel-Hamas conflict is at 7%, down 5 points from the prior month.
2023’S TOP SURVEY TRENDS
From a boom in pre-nuptial agreements and tuning out news coverage for mental health to the significant rise in the influence of grandmothers, Americans voted with their voices, actions and opinions in 2023.
- The Harris Poll looked at the top 12 research trends this year at this link.
- Stagwell’s National Research Group – in the spirit of the new year and unpacking “What’s NEXT” – contextualized some of the existential questions at the cultural forefront at this link.
READY TO TALK REPUTATION AND RISK AT CES?
We have spent a lot of time focusing on risk and reputation this year, and Stagwell has been sharing what we’re seeing through our expanded crisis team. This includes addressing when companies should speak out, the role of corporate purpose today and the major wedge issues to expect during the 2024 U.S. election cycle.
- As a next step in sharing our research and insights, we are continuing the reputation and risk discussion at CES on Wednesday, Jan. 10.
- Let us know if you would like to be included by reaching out at ces2024@stagwellglobal.com.
ICYMI
In case you missed it, check out some of the thought-leadership and happenings around Stagwell making news:
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The reimagined platform, created by Code and Theory with a new monetization offering powered by GALE and Multiview, allows advertisers to reach millions on this nonideological platform featuring the freshest aggregated polling data.
NEW YORK and WASHINGTON, Dec. 20, 2023 /PRNewswire/ — Today, the independent, nonpartisan media company RealClearPolitics (RCP) launched a first-of-its-kind polling experience in partnership with Stagwell (NASDAQ: STGW), the challenger network built to transform marketing. RealClearPolling offers an aggregated, unbiased look at the dynamics of the presidential, Senate, House, and statewide races during this unprecedented 2024 election cycle. RealClearPolling is an extension of the RCP family dedicated to delivering the most comprehensive and engaging look at U.S. election polls and public opinion surveys.
This new go-to platform offers a highly interactive view of the most current polling numbers. The user experience spotlights key data while making it easy to scan a vast array of information presented without bias. It offers the following features:
- A streamlined mobile-first experience.
- Access to multimedia content, including video segments and a podcast featuring the country’s top pollsters.
- Informative historical data from decades of election cycles.
- “The Takeaway,” a new weekly newsletter with polling analysis and insight from RCP’s team of experts.
Coming soon:
- Artificial intelligence (AI) overlay that allows users to pull from decades of RCP polling data for a unique, customized historical look.
- Ability to customize user experience by choosing which elections/races they are specifically interested in.
- Opportunity to sign up for alerts about the latest election polls.
Stagwell’s technology-first creative agency Code and Theory led the strategy, development, and implementation of the new polling experience, which includes a variety of custom and programmatic advertising units as well as innovative email content opportunities. Stagwell agencies GALE and Multiview are leading ad sales and direct brand partnerships that will monetize this new user experience.
Code and Theory has a rich history of making digital advancements with 200+ publishers, including BBC, Bustle Media, CNN, and NBC News. In 2018, CNN partnered with Code and Theory to take its iconic Magic Wall to the next level during the midterm elections.
RCP co-founder and executive editor Tom Bevan says, “RCP Polling Average is one of the most cited electoral metrics by major news outlets. As we move into the thick of the 2024 election cycle and beyond, we are now able to deliver a fresh, cutting-edge experience for anyone who is deeply interested in the numbers: what they are, what they mean, and why they matter. And thanks to Code and Theory, GALE, and Multiview, we are able to provide this new platform for advertisers looking to reach business leaders, Washington insiders, and the tens of millions of our readers.”
Stagwell Chairman and CEO Mark Penn says, “It’s a special time to be doing this kind of work with RCP, especially ahead of the next presidential election. With this one-stop shop we’re empowering viewers and advertisers to use it as a reliable destination for news and poll results. Code and Theory’s advancements have already upgraded the overall digital experience and we know there’s a lot more coming.”
Code and Theory co-founder Dan Gardner says, “There is enough spin in the world. Getting the numbers from a trusted source matters and so does being able to convey that information in a clear and concise way. Code and Theory designed this new platform as a way to visualize and simplify complex data so readers can have much more clarity about polling data and what is really happening with the election. Our next AI updates are going to take the experience to the next level.”
About RealClearPolitics
Since its founding in 2000, RealClearPolitics has become the most trusted nonpartisan platform for political news. Washington insiders and interested outside-the-Beltway citizens alike rely on RCP as the authoritative source for reporting, commentary, and analysis on campaigns and elections, and they return for its presentation of all sides of pressing public policy issues coming to the fore in 2024.
About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34 countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
About Code and Theory Network
Code and Theory Network is the only network with a balance of 50% creative and 50% engineers at scale. The technology-first group within Stagwell Group is built to partner with businesses to navigate the complexity of changing consumer behaviors, emerging technologies, and AI. With a global footprint and the capabilities to work across the entire consumer journey, we crave the hardest problems to solve. The network included the flagship agency Code and Theory as well as Kettle, Mediacurrent, Rhythm, and Truelogic. Code and Theory clients include Amazon, Chase, Microsoft, MSNBC, NFL, Pfizer, and Zappos. For more, visit codeandtheory.com.
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Sarah Arvizo
pr@stagwellglobal.com
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NEW YORK, Dec. 19, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced two upcoming investor events in January 2024:
- CES Breakfast Meeting: Craig-Hallum’s Research Analyst, Jason Kreyer, will host Stagwell for an investor breakfast at CES from 8:30-10:00am on Wednesday, January 10th. The breakfast will feature executives from several Stagwell business units, touching on topics including digital transformation, key trends in media buying, the Stagwell Marketing Cloud, and more. Email ir@stagwellglobal.com to request an invitation. Space is limited.
- Needham Growth Conference: Stagwell Chairman and CEO Mark Penn will be hosting 1×1 meetings and participating in a fireside chat on Jan. 17, 2024, from 2:15-2:55 PM ET. To register, click here.
Visit this page to view upcoming investor events and programming from Stagwell. Reach out to ir@stagwellglobal.com with questions.
About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
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Ben Allanson
ir@stagwellglobal.com
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WIDE GENERATION GAP ON ISRAEL PERSISTS: MOST 18-24 VOTERS SEE JEWS AS OPPRESSORS
BIDEN’S IMMIGRATION APPROVAL RATING DROPS 8 POINTS TO 38% IN THE LAST MONTH
ECONOMIC PERCEPTIONS RISE BUT 55% STILL FEEL WORSE OFF UNDER BIDEN
NEW YORK and CAMBRIDGE, Mass., Dec. 18, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW) today released the results of the December Harvard CAPS / Harris poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.
President Joe Biden’s approval rating is 43% with slight upticks in economic sentiment. The generation gap on the Israel-Hamas war remains prevalent as 81% of all voters but only 50% of 18-24-year-olds side with Israel. The poll also covers public opinion on immigration and the 2024 horse race. Download key results here.
“There is bipartisan consensus among voters on many issues right now, from immigration and increased border security to support for Israel and Ukraine,” said Mark Penn, Co-Director of the Harvard CAPS / Harris poll and Stagwell Chairman and CEO. “The party that compromises effectively could win over swing voters who remain conflicted between different cross-pressures about the economy and the weaknesses of the leading candidates.”
AMERICANS THINK THE U.S. SHOULD SUPPORT BOTH ISRAEL AND UKRAINE
- 65% of voters think the U.S. should be supporting Israel in its war against Hamas; 65% separately think the U.S. should be supporting Ukraine in its war against Russia.
- 54% of voters support giving $14 billion in aid to Israel; 49% support giving an additional $50 billion in aid to Ukraine. Republicans are most likely to support the aid to Israel and Democrats most support aid to Ukraine.
- 65% of voters, including 51% of Democrats, believe the Republicans should hold up aid to both Israel and Ukraine to get additional border security measures.
VOTERS WANT MORE ACTION ON IMMIGRATION
- Biden’s approval rating on immigration dropped 8 points to 38% in the last month.
- 57% of voters believe Trump had better immigration policies than Biden.
- Only 8% of voters knew that over 3 million people crossed the border illegally in the past year; the majority believed the number was under 500,000.
VOTERS THINK THEY ARE WORSE OFF UNDER BIDEN ALTHOUGH VIEWS ON ECONOMY ARE TICKING UP
- 55% of voters say they are worse off personally during Biden’s presidency and 61% say they were better off personally during Trump’s presidency.
- 44% say the economy is strong today, up 6 points in the past six months.
- Inflation remains the most important issue to voters personally (chosen by 40%).
TRUMP MAINTAINS LEAD IN HORSE RACE WITH WIDESPREAD DOUBTS ABOUT HIM AND BIDEN
- 56% of voters believe Trump will act like a dictator if reelected, but 59% believe Democrats are trying to unfairly scare voters by labeling Trump as a dictator.
- 72% believe a vote for Biden is really a vote for Kamala Harris because he will not likely serve a full second term.
- Trump leads the head-to-head matchup against Biden by 5 points and leads by 7 points when including third-party candidates.
VOTERS WANT HUNTER BIDEN TO AGREE TO DEPOSITION
- 81% of voters, including 72% of Democrats, believe Hunter Biden should appear for a deposition by Congress if asked to explain his business dealings.
GENERATION GAP ON ISRAEL-HAMAS WAR EXTENDS TO UNIVERSITY PRESIDENTS AND POLICIES
- 62% of voters feel university presidents did not go far enough to condemn antisemitism on their campuses in their Congressional testimony (ages 18-24: 67% feel the presidents did go far enough).
- 74% believe students who call for the genocide of Jews should face actions for violating university rules (ages 18-24: 47%).
- 76% believe Jewish students on campus are facing harassment (ages 18-24: 68%).
- 67% of 18-24-year-olds believe Jews as a class are oppressors and should be treated as such (in contrast, 73% of all voters believe this is a false ideology).
The December Harvard CAPS / Harris poll survey was conducted online within the United States on December 13-14, 2023, among 2,034 registered voters by The Harris Poll and HarrisX. Follow the Harvard CAPS Harris Poll podcast at https://www.markpennpolls.com/ or on iHeart Radio, Apple Podcasts, Spotify, and other podcast platforms.
About The Harris Poll & HarrisX
The Harris Poll is a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. It works with clients in three primary areas: building twenty-first-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. One of the longest-running surveys in the U.S., The Harris Poll has tracked public opinion, motivations, and social sentiment since 1963, and is now part of Stagwell, the challenger holding company built to transform marketing.
HarrisX is a technology-driven market research and data analytics company that conducts multi-method research in the U.S. and over 40 countries around the world on behalf of Fortune 100 companies, public policy institutions, global leaders, NGOs and philanthropic organizations. HarrisX was the most accurate pollster of the 2020 U.S. presidential election.
About the Harvard Center for American Political Studies
The Center for American Political Studies (CAPS) is committed to and fosters the interdisciplinary study of U.S. politics. Governed by a group of political scientists, sociologists, historians, and economists within the Faculty of Arts and Sciences at Harvard University, CAPS drives discussion, research, public outreach, and pedagogy about all aspects of U.S. politics. CAPS encourages cutting-edge research using a variety of methodologies, including historical analysis, social surveys, and formal mathematical modeling, and it often cooperates with other Harvard centers to support research training and encourage cross-national research about the United States in comparative and global contexts. More information at https://caps.gov.harvard.edu/.
Media Contact
Sarah Arvizo
pr@stagwellglobal.com
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Former Uber Executive Becomes First CEO of SMC
NEW YORK, Dec. 15, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has promoted Elspeth Rollert to chief executive officer of the Stagwell Marketing Cloud (SMC), the company’s proprietary suite of SaaS products built for modern marketers. In this new role – SMC’s first CEO appointment – she is responsible for overall strategic direction, management, and performance of the organization. She also currently serves as an executive in-residence at the NYU Stern School of Business, where she mentors MBA students interested in careers in technology.
“Elspeth has helped accelerate SMC into an industry-leading suite of martech innovation, one of our fastest growing business units, and a core part of our business strategy,” said Stagwell Chairman and CEO Mark Penn. “From Microsoft to Uber to working with us, I know she can drive business results for legacy and challenger brands alike and am looking forward to building SMC to be a great brand in modern marketing.”
Rollert, who works closely with SMC Chief Technology Officer Mansoor Basha, has served as SMC’s chief marketing officer since February 2022. In this role she’s helped shepherd the growth of the unit via product development and acquisition, content marketing, event activations, and strategic partnerships into a suite of tech-powered marketing solutions driving the future of business transformation, including:
- Entering into a partnership with Google Cloud to develop marketing-focused generative AI solutions
- The formation of Harris Quest, a suite of AI-powered real-time research products
- The launch of ARound, the stadium-level shared augmented reality platform, with the Minnesota Twins, Los Angeles Rams, Kansas City Royals, and Cleveland Cavaliers
- The acquisitions of AI-powered SaaS platform Apollo Program, insights platform Maru, and location-based consumer behavior platform, Epicenter Experience (now The People Platform)
As part of Stagwell’s commitment to founder-led entrepreneurship, Rollert also oversees the company’s internal “Shark Tank” competition, designed to unleash employee innovation and fund up to $1M for transformative technology ideas that solve modern marketers’ pain points. Previous winners include SmartAssets, ARound, PRophet, WonderCave, and Harris Brand Platform, now part of the SMC portfolio of in-market products.
Elspeth previously spent six and a half years at Uber, where she last served as Global Head of Partnership Marketing, providing strategic leadership and global coordination across Uber’s portfolio of brands, including Uber Rides and Eats. Prior to that she held product management, analyst and consultant roles at Microsoft, Penn Schoen Berland and IBM.
“I’m delighted to have been appointed to lead Stagwell Marketing Cloud. It is an extraordinary company passionate about building data-driven software solutions for the modern marketer,” said Elspeth Rollert, CEO, Stagwell Marketing Cloud. “As a marketer myself, I deeply understand and empathize with the modern marketer whose breadth of responsibilities are ever increasing. They need the latest technologies that truly understand their workflows to keep up and drive outcomes, and that’s what we’re committed to delivering at Stagwell Marketing Cloud. I’m grateful to Mark for this opportunity and for his steadfast belief in the power of technology to transform marketing.”
Stagwell reported SMC’s business results for the first time in its Q3 2023 earnings report, which showed revenue for the quarter increased 7%, and net revenue increased 20%.
Elspeth and the SMC leadership team will be on the ground at CES 2024. Brands, agencies, or journalists interested in connecting can email ces2024@stagwellglobal.com to coordinate.
About Stagwell
Stagwell (NASDAQ: STGW) is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
About Stagwell Marketing Cloud
Stagwell Marketing Cloud (SMC) is a marketing-focused, AI-enablement platform built for the modern in-house marketer. Born out of Stagwell’s (NASDAQ: STGW) network of award-winning marketing agencies, SMC’s technology empowers marketers to drive business impact by giving them intuitive tools equipped with proprietary, actionable data. SMC’s portfolio of solutions powers strategic customer research, communications, and media activation for brands worldwide by leveraging technology such as generative artificial intelligence, shared augmented reality, and more. Get your head in the cloud at www.stagwellmarketingcloud.com.
Media Contact:
Sarah Arvizo
pr@stagwellglobal.com
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By: Ray Day
CONTACT:
We wanted to share our latest consumer and business insights, based on research from Stagwell. Among the highlights of our weekly consumer sentiment tracking:
LOSS OF FAITH IN UNIVERSITY LEADERS
Americans are experiencing a crisis of faith in college and university leaders amid a volatile moment for the higher education sector – with more than half not trusting them to do the right thing for students, according to our Harris Poll research with U.S. News & World Report.
- 80% of Americans say that higher education institutions are more worried about their endowment than creating leaders of tomorrow.
- 60% believe they prioritize donors, the press and other external factors over students.
- 60% believe higher education leaders are failing students rather than developing them and that one of the barriers is that they themselves aren’t good examples of leaders.
- 80% believe that, if colleges and universities don’t become more accessible to all people and emphasize diversity, the leaders of tomorrow will all be the same.
- In a separate Harris Poll survey, 60% of Americans would fire university leaders for poor leadership amid the Israel-Hamas conflict.
SOCIAL MEDIA IS HOW AMERICA GETS ITS NEWS
Two thirds of Americans use social media to get their daily news – and not just young people, according to our Harris Poll.
- 66% of Americans have used social media to seek out news and information.
- Social media as a news source is highest among Gen Z (82%) yet nearly just as high for Millennials (78%) and Gen X (72%) (versus Boomers at 44%).
- YouTube (62%) and Facebook (60%) are the most frequently used platforms for news and information, followed by Instagram (44%), TikTok (39%) and X (35%).
- While trust is highest in YouTube (24%) and Facebook (18%), it is low across the board.
MUSHROOMS WILL BE BIG IN 2024
Among the top predictions for 2024 are a mushroom boom, a boost in produce choices, a higher protein intake and drinking in moderation. That’s according to our Harris Poll research with Instacart. The top five predictions:
- More people will realize the health benefits of mushrooms: 40% of Americans are aware that consuming fresh mushrooms and mushroom supplements can improve cognitive function, and 58% express their likelihood to consume mushroom supplements and increase their mushroom intake to reap these health benefits.
- People will put a premium on sleep health: 48% of Americans want to make changes to their sleep habits and quality in the new year. On Instacart’s platform, the share of carts containing magnesium supplements is up 19%, sleep masks increased 56%, and sleep and sound machines jumped 134%. In parallel, 33% will improve sleep habits by reducing caffeine intake and/or consuming gentler types of caffeine, such as matcha (which grew 20% in Instacarts in the past year).
- Higher protein intake is on the rise: Of those who plan to make dietary changes in the new year, 39% want to eat a higher protein diet. This includes cottage cheese (up 8% in carts), Greek and Icelandic yogurt (up 3%), protein drinks (up 10% in carts) and meat jerky (up 16% in carts).
- Produce is more popular than ever: Prepare to witness a shift in people not just aiming to eat more produce but actively embracing a diverse and colorful array of fruits and vegetables. In 2024, 61% plan to increase their fresh produce intake. New to the shopping list: red dragonfruit (+201% growth), yellow passionfruit (+201%), mangosteen (+158%), Mayan melons (+31%), microgreens (+50%), broccoli sprouts (+32%), purple broccoli (+32%) and purple asparagus (+18%).
- Alcohol moderation becomes a movement: We’ve already witnessed the popularity of drinks without booze – with the share of Instacarts containing non-alcoholic cocktails growing 666%. In 2024, expect to see people embrace drinking in moderation by restricting alcohol consumption to weekends or one to two days a week. Also, look for continued growth in liver support supplements (+ 114%) and electrolyte drink powder (+19%).
ICYMI
In case you missed it, check out some of the thought-leadership and happenings around Stagwell making news:
- Corporate Crises — and Reputational Recovery — Have Changed
- Americans Are Down on Society’s Leaders – Especially in Politics
- Most HR pros see disconnect between their job title and the actual work they do
- 55% of U.S. Adults Plan to Prioritize Travel Over Other Luxuries Despite Economic Uncertainty
- 3 Harris Poll strategies to capitalize on shopping preferences of boomers, Gen X, millennials and Gen Z
- How Agencies Stand Out Amid Clients’ Interest in AI Capabilities
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By: Ray Day
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We wanted to share our latest consumer and business insights, based on research from Stagwell. Among the highlights of our weekly consumer sentiment tracking:
STOCKINGS STUFFED WITH STRESS
Americans feel joyous yet overwhelmed this holiday season, according to our latest Harris Poll research with the American Psychological Association.
- 89% of Americans say that not having enough money, missing loved ones and anticipating family conflict cause stress at this time of year.
- 43% report that the stress of the holidays interferes with their ability to enjoy them and that the holidays feel like a competition (36%).
- 72% report that the holiday season can feel bittersweet.
- Also, a fifth of those who celebrate traditionally Jewish holidays (23%) and those who celebrate other non-Christian holidays (20%) say they experience stress because the season doesn’t reflect their culture, religion or traditions.
YOUNGER CONSUMERS = BEST TIPPERS
If you’re a tipped worker, which age of customer is most likely to reward you? Go with the youngest, according to our Harris Poll survey with DailyPay.
- The good news: 59% of Americans say they give bigger tips during the holiday season compared with the rest of the year.
- Even better news: 49% of Gen Z say they are tipping more often than they did last year. That compares with 36% of Millennials, 19% of Gen X and 21% of Boomers.
- On the other hand: 37% find themselves unable to tip because they do not have cash on hand.
- For those receiving tips, 88% believe that employees should receive the tips they have earned immediately/the same day – versus waiting for the next payroll period.
RESOLUTIONS FOR BETTER FINANCES
Two thirds of Americans admit financial regrets during the last year, and three fourths say the regrets will lead to new resolutions in 2024, according to our Harris Poll research with NerdWallet.
- The top regret: 23% did not save enough for their financial goals in 2023, and 21% regret not saving for emergencies.
- 22% regret overspending on entertainment, 11% regret overspending on travel, and 11% regret overspending on a big event, such as a wedding or party.
- Equal shares of Americans (16%) regret not paying off their credit card debt and taking on too much credit card debt.
- Lowest on the regret list: combining finances with a partner (7%), not making student loan payments during the federal pause (6%) and taking out a mortgage (4%).
SOCIAL MEDIA FINANCIAL PLANNERS
Social media has become a key channel for financial advice. Yet, in our Harris Poll survey with Nationwide, misinformation is tripping investors up, especially younger ones.
- 42% of Gen Z and 38% of Millennial investors say they are heavily accessing financial information, guidance and advice through social media (versus 16% of Gen X and 5% of Boomers).
- 17% of Gen Z and 21% of Millennials are likely to turn to generative AI for financial information and guidance and would trust a financial professional more if they leveraged AI to streamline daily tasks (40% for Gen Z and 36% for Millennials).
- Yet 41% of Gen Z and 34% of Millennial investors have acted upon financial information they saw online or on social media that turned out to be misleading or factually incorrect.
ICYMI
In case you missed it, check out some of the thought-leadership and happenings around Stagwell making news:
- After a year with ChatGPT, here’s my creative director dos and don’ts
- 4 Gen Z marketing trends from 2023
- Celebrity, social media and the true currency of America’s digital economy
- What Marketers Can Learn from the Recession that Never Came
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