Analysis: What marketers need to know after a tumultuous H1 2023

 

Marketing at the halfway point

 
July​ 11,​ 2023
 

 
 
 
Leanness comes to mind when encapsulating the first half of 2023 in marketing. Layoffs and budget cuts were commonplace, resulting in a quieter period. A handful of areas boomed, including generative artificial intelligence and retail media. But steeper investments have invited greater scrutiny and — at least in the case of AI — stoked fresh anxieties for an industry already on edge.

The conversation repeatedly tipped into outright unpleasantness. Multiple brands, including Bud Light and Target, became the subject of prolonged consumer boycotts fueled by heated culture wars and social media toxicity. Derogatory use of the word "woke" could feel inescapable, a reversal from recent years where a focus on purposeful social issues seemed like a surefire strategy.

Another common sentiment was the need to "move at the speed of culture." Marketers turned to earned media to keep pace with fads driven by platforms like TikTok while rebrands proliferated as companies prepared for a post-pandemic era and to meet the demands of the next generation of digital-first consumers.

This newsletter explores multiple facets of H1 2023, including the standout campaigns, news developments and trends that informed marketing strategy. Reflecting on the first leg of the year raises questions about the second: Will the gloomy atmosphere and sense of trepidation stretch into the back-to-school and holiday seasons or will brands find their stride again? How will the ongoing writers' strike and inflationary pressures affect media activity? And to what extent will AI truly reshape the industry?

As always, thanks for reading.

Peter Adams
Senior Reporter, Marketing Dive
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H1 NEWS AND TRENDS


 

6 campaigns that broke through the creative rut of H1 2023

 

Though tightened advertiser budgets have spurred a sense of dullness, bets on buzzy tech, experiential displays and major refreshes seized the moment.

 

 

 

 

 

 

 

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