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

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

17 hours ago

IPG unites agencies and clients under all-in-one ...

The move forms part of a larger trend for holding companies to break down information silos across their agencies and partners with shared platforms.

18 hours ago

Superloop wants to set Aussies free from slow internet

The campaign urges Australians to stand up to their expensive internet providers by bringing back an iconic meme from the early 2010’s: planking.

18 hours ago

Move and win roundup: Week of October, 21

Your Monday marcomms news starts here: leadership shakeup at JCDecaux ANZ, McDonald's, Australia's third largest advertiser launches a creative review, plus Clemenger's talent grab, and luxury brand wins for We Red Bridge communications.

18 hours ago

GroupM wins Honor’s global media account, taking ...

EXCLUSIVE: The contract will run from 2025 to 2028, with an option for a one-year extension.