
The WARC Podcast
New models for thinking about advertising: Live from the IPA
Oct 17, 2024
In a dynamic discussion, Tom Roach, VP at Jellyfish, dives into innovative marketing metrics powered by AI. Leo Rayman, CEO of EdenLab, and Jo McClintock, VP at Trainline, discuss how to encourage greener travel choices through positive messaging rather than guilt. ITV experts Sameer Modha and Kate Waters explore the financial impact of brand advertising on margins. Together, they emphasize the critical integration of sustainability into marketing strategies, reflecting a growing consumer demand for eco-friendly practices.
31:12
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Quick takeaways
- The emerging 'share of model' metric emphasizes evaluating brand performance against competitors through the insights provided by various large language models.
- Integrating sustainability as a core business strategy is essential for brands to foster environmentally friendly consumer behaviors and enhance corporate accountability.
Deep dives
Introduction of Share of Model Metric
The concept of 'share of model' emerges as a vital new metric for brands to understand amid the increasing use of large language models (LLMs) in marketing. Explaining how this metric functions, experts discuss its goal of helping marketers comprehend what LLMs convey about their brands. The share of model platform allows brands to interrogate various models' outputs and analyze their brand performance against competitors within specific categories. This approach not only highlights the differences in data inputs across models, such as those developed by Google and Meta, but also encourages marketers to leverage these insights to better grasp consumer perceptions.
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