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Before its removal, CMG鈥檚 website even cited the Netflix sci-fi/horror show 鈥淏濒补肠办 Mirror鈥� in a surprisingly tone-deaf blurb. CMG purported to use AI to gather and analyze consumer data, mixing its findings with clients鈥� own databases to create consumer profiles.

Today's fact, why are black holes called black holes? Any ideas Evelyn? Evelyn Mitchell:. Not a clue. Marcus Johnson:. Me neither. I asked NASA. Not directly, didn't call them up. But according to their website, a black hole is a place in space where gravity pulls so much that even light cannot get out. The gravity is so strong because matter has been squeezed into a tiny space.

Timely themes (e.g., Ford's "Living Legacies" Black History Month ad). Driving action: EDO's analysis revealed a strong link between ad effectiveness and consumer engagement. Grover explained, "What [the ranked ads] all have in common is an ability to inspire viewers to take action in the minutes after the ads aired鈥攁 proven predictor of the future sales that will grow their businesses.".

Black, Hispanic, and female consumers were more likely to use BNPL than white, non-Hispanic, and male consumers. Those earning between $20,001 and $50,000 were also more likely to use BNPL. Consumers under age 35 had a much higher probability of using BNPL than older consumers.

Parks revenues rose 21% to $8.7 billion, and strong box office and Disney+ results for 鈥淏濒补肠办 Panther: Wakanda Forever鈥� carried Disney through the holiday season. Analyst take: 鈥淒isney shareholders are breathing a sigh of relief after the company posted better than expected quarterly results,鈥� said Insider Intelligence principal analyst Paul Verna. 鈥淏ut there are still big challenges ahead for Disney.

鈥淣ow, people can post a picture of Beyonce and the platform will recognize the user is interested in Beyonce鈥檚 black boots, and those can be paired with this skirt or this top.鈥�. The evolution of large language models (LLMs) has also helped increase search relevancy, said Ready. 鈥�95% of searches on our platform are unbranded,鈥� he said.

Most celebrities in this year's ads were male and white, though Black, Hispanic, AAPI, and multiracial individuals were represented. Some major advertisers, like Uber Eats and Volkswagen, provided only generic DEI statements or did not offer specifics about their Super Bowl ad campaigns' DEI efforts.

Where discount strategies can go awry: In its 2021 examination of such discounts, the CFPB found that Black and female borrowers were offered these deals less frequently than other customers. According to compliance expert Ken Perry, 鈥淸These deals] are the easiest way to discriminate against a client.鈥�.

Black and Hispanic consumers pay higher bank fees than white consumers. Many Hispanics face language barriers, and surprisingly few FIs have adapted their products and services for Spanish speakers. More than 20% of unbanked households can鈥檛 meet the minimum balance requirements many banks enforce. Why fintech?

And credit card late fees disproportionately hurt consumers in low-income and majority-Black communities, per CFPB data. The bottom line: Growing credit card fee tension鈥攐n both the consumer and merchant sides鈥攊s fueling regulatory action against a backdrop of economic uncertainty.

Shoppers can ask, for example, 鈥淒o you have any dresses for a black-tie wedding in August?鈥� or 鈥淗elp me put together an outfit for a work event.鈥� Suggestions can be further personalized by combining information about the customer鈥檚 size and favorite brands. 3. Lean on data at every step of the customer journey.

Case study: To celebrate Juneteenth last year, True Religion partnered with Black-owned creative cultural agency Still Rising Corp. to host a panel discussion, basketball games, and musical performances at the historic Leimert Park Village in Los Angeles. Photo: True Religion. This was originally featured in the Retail Daily newsletter. For more retail insights, statistics, and trends, subscribe here.

Though these areas may be more time-sensitive, it鈥檚 important that leaders recognize how important CX can be to staying in the black. But priorities may have shifted since August as inflation puts more pressure on consumer wallets, forcing retailers to get creative to keep customers loyal. One way to promote loyalty? A good CX. 2. Take it step by step. To talk the talk, you鈥檝e gotta walk the walk.

It also faced scrutiny from US senators after reports broke that the bank only approved 47% of Black homeowners鈥� mortgage refinancing applications in 2020鈥攁 stark contrast from the 72% approval rate for white applicants. The $100 million investment in minority homeownership that the bank announced will supplement the plan it unveiled in April 2022, which allocated $210 million to the same initiative.

However, many in the country are accessing the tool via a thriving black market. Chinese consumers appear desperate to get in on the act. Major players in China are planning to unleash their own platforms.

Vision Dee even allowed drivers to black out their windshields to be immersed in a virtual world鈥攖hough fully autonomous driving is still years away. Concept cars let users emote through their vehicles.

And I know part of the problem, and we had this conversation when we were talking about the Black consumers report that we put out in June where it's like, yes, people should be hiring Black creatives, but also there might not be enough Black creatives to hire for everyone to have the most authentic campaign possible.

It built a proprietary AI solution that shows customers a more diverse array of products in response to basic queries like 鈥渂濒补肠办 rectangular glasses,鈥� resulting in a more relevant search experience. The number of searches using Pinterest鈥檚 hair-pattern and skin-tone filters grew 41% and 51% year-over-year (YoY), respectively, in 2023.

For example, athleisure company Actively Black was unable to find factories in Latin America with workers skilled enough to sew the kind of stitching needed to produce the brand鈥檚 apparel, founder and CEO Lanny Smith told Bloomberg. Even companies that successfully move production away can wind up sourcing the bulk of their materials from China.

Almost a third (30%) of Hispanic Gen Zers spend 5 hours or more per day on social media, exceeding Asian and Black Gen Zers in time spent with social channels, per ThinkNow Research. Brand advertising can woo digital-forward Hispanic consumers. Hispanic consumers are leaning into digital commerce.

But there are cases where it鈥檚 more black and white: Getty Images sued Stability (creators of Midjourney and Stable Diffusion) for allegedly training AI on its bank of copyrighted images, thus avoiding paying for a service through which Getty provides photos to AI companies.

Rates were higher among Black and Hispanic adults as well. Use cases endure. Many US states require stores to accept cash, and it鈥檚 popular in peer-to-peer (P2P) and personal services transactions. Checks. Though three-quarters of US adults said they still carry checks, just 46% had used one in the past 30 days, according to October 2021 polling by the Fed.

Derived from Black and Latino LGBT+ slang (as many terms used widely online are), a mother or something that is 鈥渕othering鈥� is influential, iconic, and culture-shaping. A superstar like Beyonc茅 or Rihanna might be described as 鈥渕other.鈥�. Left no crumbs: This term is similar to 鈥渃ooked鈥� and 鈥渁te鈥� (see below).

Compare that with the 43.6% of Black Gen Z internet users who spend the same amount of daily time on social media. Streaming Platforms Are Launching Content Appealing to Hispanic Viewers Fast and Furiously. Hispanic viewers are spending more time on streaming platforms and less time with live TV.

And I think a lot of that fear centers around losing control, whether that's this idea that AI is a black box and we don't really understand how it works or losing control over the creative when you're thinking about these new generative AI tools. So what is it that you're doing to reassure advertisers about this? Alex Schultz (23:04):. Yeah, I mean it's interesting.