If you would like to submit a solution, please go to the P&G Innovation Brief Response Form at http://bit.ly/3bvEpu3 to complete their form with the requested information, AND submit here and we'll try to to help you get status on your application.
Business Background:
Major CPG brands are beginning to envision the future of advertising, wherein they need to develop more experiential and seamless ways of engaging consumers. Today, over 70% of TV viewers indicate that they fast forward through ads. Over 40% of millennials use ad blockers and an increasing number of consumers are subscribing to OTT streaming services that have no advertising. At the same time, consumer privacy demands are at an all-time high as new regulations in Europe, such as GDPR will eliminate advertising cookies and force brands to rethink their data strategies.
Business Challenge / Needs Definition:
P&G’s brands would like to explore the future of advertising to rethink how our company engages consumers to keep our brands top of mind and in consumers’ hearts. How might we reach the right consumer at the right time with relevant, interesting and helpful messages from our brands? We are seeking new advertising and engagement methods, new ways of working without cookies, and ways to create novel brand experiences. We want to partner with new technologies and solutions that can help us navigate the future of a world without ads.
There are 4 key areas where we would like to focus on finding innovative solutions:
The regional focus of this brief is Europe and pilot activations will initially be focused on the UK, France and Germany. Startups applying must have a presence or the ability to immediately activate in at least one of these countries, but ideally across Europe.
Relevant technology domains may include, but are not limited to:
Gaming & eSports
Social Commerce
Livestreaming & Live Video
Augmented & Virtual Reality
Immersive Storytelling
New Ad Models such as rewarded ads, interactive ads etc
Digital Advisors
Data-driven personalization
Behavioral/Contextual Targeting
Dynamic Creative
Next Gen Influencer Marketing: Micro influencers, virtual influencers
Gamification & Rewards
Digital Signage and Interactive Retail Tech
Content Production & Automation
Zero-Party & First Party Data Capture
The Ask:
If you have ideas and supporting technologies that you believe can deliver disruptive services & solutions to this challenge, we want to hear/partner with you. Where there is a good fit, we are looking to drive agile in-market pilots in Europe with the goal of scaling successful services & solutions. All ideas and submissions will be fully reviewed by our team.
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