Summary
Doubling down on growth in 2023 will lead CMOs to overcorrect by trying to rack up quick hits at the expense of building brand equity. Marketing spend on test-and-learn innovation that improves the brand experience will be diverted to performance media channels and higher marketing technology (martech) costs, all while an even more retaliatory political climate will scare off companies from flexing their brand values. This report lays out five B2C marketing predictions for 2023 — a year CMOs will play it safe.
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