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© Brainsights 2020 1 Advertising in the Age of COVID-19 Presented by Brainsights IAB Community Uninterrupted, April 2020

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Page 1: Advertising in the Age of COVID-19 - IAB Canadaiabcanada.com/content/uploads/2020/04/Advertising...Apr 20, 2020  · CPG Advertiser 30s Spot COVID News Environment Advertising in COVID-19

© Brainsights 20201

Advertisingin the Age of

COVID-19Presented by Brainsights

IAB Community Uninterrupted, April 2020

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© Brainsights 20202

About Brainsights

Advertising in the Age of COVID-19 – Perspectives from the brains of Canadians

The problem of – and solution to - ‘emotional numbing’Winning in the COVID-19 News EnvironmentMindset Marketing - efficient AND effective advertising during COVID-19

Actions, not ads – A Brainsights announcement

Today

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© Brainsights 20203

Brainsights: Brain data to insights, insights to resultsBrainsights is a persuasion and engagement analytics company. We measure the unconscious minds of people in real-time to understand what content, media and products persuade and engage.

Double-digit % increases in trial for new consumer care product

66% increase in monthly donations for a Toronto charity

Double-digit % uplift on all key brand metrics for leading bank

Market share gains for top beer brand driven by branded content measurement and insight

Our Process

Insights that drive behaviours

+ + =

Content Media Audience Brain Measurement Consumer Unconscious Insights

Measurement platform powered by Electroencephalography (EEG)– brain wave readers.Brain waves are characterized by their frequencies. Differentfrequencies are associated with different mental states. Brainsightsfocuses on three core metrics of interest to content creators andmarketers .

‘Is the stimuli capturing my attention?’

‘Is there a deeper relationship with the stimuli?’

‘Is the stimuli being committed to memory?’

Attention

Connection

Encoding

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© Brainsights 20204

Why neuroscience needs to be in your measurement toolkit

Daniel Kahneman – Nobel Laureate and author of Thinking Fast and Slow“Much of what drives human decision-making is not consciously accessible”

Without Neuroscience, you’re not getting the full picture

Page 5: Advertising in the Age of COVID-19 - IAB Canadaiabcanada.com/content/uploads/2020/04/Advertising...Apr 20, 2020  · CPG Advertiser 30s Spot COVID News Environment Advertising in COVID-19

© Brainsights 20205

Advertisingin the Age of

COVID-19Presented by Brainsights

IAB Community Uninterrupted, April 2020

Page 6: Advertising in the Age of COVID-19 - IAB Canadaiabcanada.com/content/uploads/2020/04/Advertising...Apr 20, 2020  · CPG Advertiser 30s Spot COVID News Environment Advertising in COVID-19

© Brainsights 20206

Three things to take from today:

1. The tools of neuroscience and psychology can help advertisers understand how and why COVID-19 advertising is different from recession advertising.

2. The news environment is a threat only to advertisers who don’t know how to use it. Otherwise, it’s a huge opportunity.

3. Emotional advertising during COVID-19 is risky. “Solution advertising” is better.

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© Brainsights 20207

What we know about advertising during a recession

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© Brainsights 20208

2007-2009 Financial Crisis

April 2020, New York City

Recession

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© Brainsights 20209

2007-2009 Financial Crisis

Pandemic

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© Brainsights 202010

Pandemic Advertising =/=

Recessionary Advertising

The physical health risk of COVID-19 makes this very different.

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© Brainsights 202011

Cut Advertising?

o Loss of market share/mental availability

Risks/Challenges*

Advertisers face challenges and risks everywhere they turn

*Note, we recognize there are exceptions to each of these choices. For some industries ravaged by COVID-19, cutting advertising may be the only path to survival. Faced with an existential choice, the choice is to exist.

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© Brainsights 202012

Lower-funnel Advertising?

o Supply/distribution constraints

o Perceptions of tastelessness, opportunism; being out of step with consumer mood

Risks/Challenges*

Advertisers face challenges and risks everywhere they turn

*Notable exceptions: Streaming platforms.

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© Brainsights 202013

Advertisers face challenges and risks everywhere they turn

Crisis-based Advertising?

o Trivializing a health crisiso Sounding like everyone

else

Risks/Challenges

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© Brainsights 202014

Advertisers face challenges and risks everywhere they turn

Crisis-based Advertising?

o Trivializing a health crisiso Sounding like everyone

elseo Emotional numbing

Risks/Challenges

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© Brainsights 202015

Advertisers face challenges and risks everywhere they turn

Upper-funnel Advertising?

o Emotional numbing

Risks/Challenges

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© Brainsights 202016

Why emotional advertising is risky during COVID-19

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© Brainsights 202017

Why emotional advertising is risky during COVID-19

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© Brainsights 202018

Dr Miranda Goode of Western University:

“Contemplating death dampened people’sexpectations of emotion in a futureconsumption experience and diminished the attractiveness of the experience…this dampening effect of mortality salience was replicated with advertisements that portrayed death-related concepts…”

Beware the frozen heart…

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© Brainsights 202019

Using Brainsights’ brain measurement platform, Dr Goode could understand the neural impact of thinking about one’s own mortality

Think about your own death

ConnectionWatch ads portraying death

Reflect on an emotional experience

Watch additional emotional ads

1

2

Consumer brain activity recorded

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© Brainsights 202020

What this means

If this:

Then this: Connection

And this:

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© Brainsights 202021

COVID-19(Everything)

The implications of this emotional numbing are not confined to news consumption

COVID-19(News Consumption)

Implications to everyday consumer behavior, life, outlook and mindset

Implications to media mindsetand ad receptivity (effectiveness)

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© Brainsights 202022

Canadians are spending more time consuming News

Latest available public figures

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© Brainsights 202023

Connection

Attention

Encoding

+xx%

+xx%

+xx%

Advertisers can also boost their brands

Beyond the bigger audiences today, there are other benefits of news advertising now

Average upside to ad receptivity in COVID-19 news.

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© Brainsights 202024

How we learned this

Mass Auto Advertiser

CPG Advertiser

BMW

Sobeys Ad

- - +Change in neural metrics when ad was viewed in COVID-19 news environment versus elsewhere

+ + -+

+ + ++ +

v

Other Contexts

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© Brainsights 202025

Attention

Connection

Encoding

Other Environment (Comedy, Drama, etc)

COVID News EnvironmentCPG Advertiser 30s Spot

Advertising in COVID-19 news can bring significant benefits if advertisers can strike the right tone

Connection

Attention

Encoding

+11%

+11%

+10%

When placed in a COVID-19 news environment, this CPG advertiser’s Brand Power spot saw double-digit lifts in Attention, Emotional Connection and Memory Encoding versus when it was viewed in any other context.

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© Brainsights 202026

1) Understand Consumer’s Mindset.

Matter of Fact Tone Explicit Problem-Solution Structure

Deliver facts in straightforward language;

support with clear information/evidence

Lay out the specific problem to be solved, and how your product solves it.

SOLUTION MINDSET

What is this right tone?

3) Support with complimentary ad structure

2) Match Tone to Mindset

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© Brainsights 202027

How to advertise successfully in a COVID-19 News context

COVID-19 News

Embrace: Solution-focused ads, with strong problem-solution structure delivered in ‘matter-of-fact’ tone with evidence of benefit

Avoid: Overly emotional tone (regardless of valence), hard sells

Why? Consumers are in a solution-seeking mindset

Impression Quality Potential: +11-31% Emotional Connection

Impression Quality Potential: The lift that can be achieved for ads that is attributed to the placement in complementary contexts compared to that ad’s overall performance (across any/all contexts).

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© Brainsights 202028

Two additional data points support these findings:

1) What brands and businesses are doing outside of the advertising space.

Delivering solutions.

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© Brainsights 202029

2) Mindset Marketing insights from Brainsights

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© Brainsights 202030

Page 31: Advertising in the Age of COVID-19 - IAB Canadaiabcanada.com/content/uploads/2020/04/Advertising...Apr 20, 2020  · CPG Advertiser 30s Spot COVID News Environment Advertising in COVID-19

© Brainsights 202031

Actions for advertising during COVID-19

1) Recognize that this recession is different.a) Pandemic advertising =/= Economic

recession advertisingb) Mortality is salient, which is likely to numb

emotional response of consumers (to advertising)

V

2) Brand-building/Advertising should take a solution-focused tone, delivered ‘matter-of-factly’ and supported by a clear problem-solution structure. Avoid emotional tones.

3) Understanding consumer mindsets by context can help advertisers leverage media to enhance creative impact and be tone-smart.

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© Brainsights 202032

Actions for advertising during COVID-19 - Mindset Marketing in COVID-19

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© Brainsights 202033

Taking a Solution Mindset – Data for Public Health Communicators

Available this week on Brainsights.com

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© Brainsights 202034

Thank you. Stay safe.

[email protected]