Too many brands are making multi-million-dollar marketing decisions based on "no real clue" about what their consumers are actually doing and saying, according to Jason Forbes, who is not only Chief Digital & Media Officer at beauty company Coty, whose portfolio includes Calvin Klein, Clairol, Rimmel and Wella, but is also CEO of the Coty-owned digital marketing agency Beamly.
Speaking at the Festival of Media Global 2017, held in Rome in May, he contended that too many brand decision-makers were driven by their own internal biases about their categories and their misplaced expectations of consumers, and by fear of new...