Marketing China
Did you know Adidas China allegedly lost a staggering $2.8 billion (19.5 billion RMB) to marketing corruption and kickback schemes? In this episode, we dive deep into the explosive scandal rocking the advertising world, where GroupM executives are facing charges and commission rates have skyrocketed to 25%. We explore the unique, often opaque dynamics of the Chinese media landscape that made this possible—from the dominance of super-apps to extended payment cycles that force agencies to act more like financiers than marketers. You’ll learn how "media buying" has morphed into "financial engineering," including shocking examples where agencies buy their client’s own stock to fake ROI numbers while destroying brand value. Finally, we break down the structural flaws creating a "race to the bottom" in the industry and discuss what brands should actually be looking for: true content-channel fit and comprehensive performance attribution, rather than just cheap traffic. -- Hosting provided by SoundOn [https://www.soundon.fm/]
23 episodios
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