Ben Cicchetti’s Post

View profile for Ben Cicchetti, graphic

SVP, Marketing & Communications at InfoSum | 🏳️🌈 LGBTQ+ Leader | Podcast Host | Media Leader Future 100 | PMW 100 Powerlist 2024 | AdExchanger Rising Star Finalist | ExchangeWire Rising Star Finalist

This research from Unstereotype Alliance is critical right now! A few short years ago, it was the norm for brands to publicly show their support for the LGBTQ+ community during Pride Month. Seemingly overnight, it became a ‘brand risk.’ In 2024, we have seen brands that for years run Pride campaigns, choose silence. What happened? We saw the rise of a vocal minority spreading hate toward our community - amplified and enabled by certain media and, of course, certain social media platforms. These people picked battles with drag queens, LGBTQ+ education in schools, gender-neutral bathrooms, the use of pronouns and the ability for trans individuals to compete in sports. None of these topics should be battlegrounds, and certainly, none should be political wedge issues. For brands, however, the biggest change may have been in 2023, when we saw overblown coverage of ‘failed campaigns’ and a perceived negative impact on companies. But as we went into Pride 2024, I suggested that those companies didn’t suffer a negative impact because of the campaigns they ran, but because of how they reacted to those campaigns that demonstrated a lack of authentic support for the LGBTQ+ community. And now, this research supports that. 📈 Progressive advertising drives significant sale impacts: +3.46% in direct sales uplift and +16.26% in longer-term sales uplift. 📈 Brand Equity is improved by progressive advertising: Brands that score highly on progressive advertising indicators are 9.8% more ‘meaningful’ and 11.8% more ‘different.’ So, lets put those failed 2023 campaigns behind us and focus on the campaigns that succeed, drive sales and drive long-term loyalty! #LGBTQ #InclusiveAdvertising

View organization page for Unstereotype Alliance, graphic

4,611 followers

📣 New insights! Inclusion = income, and we have the data to prove it! The headline findings of an industry first study led by the Unstereotype Alliance and Saïd Business School, University of Oxford proves that: 1 ) Progressive advertising drives significant sale impacts: +3.46% in direct sales uplift and +16.26% in longer term sales uplift. 2 ) Brand Equity is improved by progressive advertising: Brands that score highly on progressive advertising indicators are 9.8% more ‘meaningful’ and 11.8% more ‘different’. 3 ) Progressive advertising can future-proof growth. Read the initial findings here - https://lnkd.in/eZzckKnp Saïd Business School, University of Oxford Bayer | Consumer Health Diageo Kantar Mars Mondelēz International Unilever

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics