Rick Boost Olivia Parker
Dec 22, 2017

Asia's middle-class is growing and you need to adapt

Co-CEO of Ogilvy & Mather Asia-Pacific says to prepare

The growth of the middle class is currently reaching dizzying levels worldwide, with studies solidly affirming that it is at an all-time high, with hundreds of millions joining the demographic every year.

Nowhere is this truer than in Asia, where up to 88% of next year's new members of the middle-class are expected to hail from. Swiftly emerging markets such as Vietnam and Indonesia are lifting entire sections of society into new economic and social brackets.

In this Campaign Short, Kent Wertime, APAC co-CEO of Ogilvy & Mather voices how the huge class surge in Asia, and growth in general, is something that people in marketing need to be quick to adapt to. Wertime draws special attention to how the conversation with the consumer will also change.

Source:
Campaign Asia

Related Articles

Just Published

1 hour ago

Hakuhodo International Indonesia appoints 15 new ...

The largest restructuring in the company's history involved the appointment of new leaders in five key business units and the executive committee.

8 hours ago

Cannes Lions, AI, and the integrity reckoning

The first ever Cannes Lions Grand Prix withdrawal for AI misuse signals a watershed moment, but is this just the beginning of a much bigger reckoning for marketing in the AI age?

9 hours ago

Wrangles in the jury room: how the challenges of ...

Tricky deliberations, outside influences and questionable entries can make the quest to recognise the best work with an award a difficult one.

9 hours ago

Bacardi picks agencies for trio of global creative ...

AMV was the incumbent on Bombay Sapphire's account and BBDO held the Bacardi Rum and St Germain accounts.