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CES 2023 RECAP: A TIMID RETURN TO LAS VEGAS

Mediaplus


CES returned to Las Vegas this year, but the comeback didn’t live up to the
show’s pre-pandemic reputation. Previously known for its palpable energy fueled
by speaking events, content releases, performances and parties, this year was
far more intimate, with closed-door meetings and invite-only discussions.
Attendance was about half that of pre-pandemic shows, with roughly 100,000
attendees. However, the dialed-back version of CES was in good taste following
unexpected industry-wide layoffs in the last few months.  

Media companies and agencies stepped back from flashy events, keeping things
quiet and fiscally responsible. Conversations about media advancements and
investment centered on performance media and measurement, with brands staying
hyper-focused on ROI and making smaller budgets work harder. The atmosphere felt
similar to the beginning of the 2020 COVID-pandemic – timid and uncertain.

CES Trends & What to Watch

Brand media investment is on the back burner

 * Advertisers are pulling back budget in this time of uncertainty and waiting
   for the „best“ time to invest in brand. However, from a marketer’s
   perspective, investing while others are pulling back provides an opportunity
   to stand out and create lasting relationships with consumers.
 * Although the economy is cooling, brands looking to get noticed have an
   opportunity to create cultural impact, be competitive in the marketplace,
   tell unique stories, and make a lasting impression on consumers (Everything
   you missed at CES 2023)

Innovations focused on accessibility

Smart health & accessibility was a key theme, with several brands introducing
products designed to enable people with disabilities navigate the world with
ease. Some highlights include:

 * HAPTA by L’Oréal is a computerized lipstick tool for people with limited fine
   motor skills
 * Project Leonardo is a customizable controller kit for PlayStation 5
 * Dignity Lifts – Allows people with little movement to use the toilet
   independently

Tech companies are lazer focused on AI advancements

Artifical intelligence is a key priority with AI invention previews prevalent
across all inudustries

 * From every day tools like watches and lawnmowers to autonomous EV charging
   robots, AI was at the forefront of new tech gadgets.
 * ChatGBT was a key talking point for content companies – Something to watch as
   early adoption ramps up. Could journalism and creative writing change
   forever? Or is the human touch of storytelling something AI can’t master?…
   yet  

Sustainable tech was a huge draw

 * Sustainabilty was a major focus for almost every company, especially consumer
   electronic brands including LG, Samsung, and Schneider who touted Smart Home
   energy systems to reduce the usage of gas with cleaner energy
 * The Auto industry was prominent and broke through the clutter on the show
   floor with brands such as Volkswagon and John Deere touting new EVs and
   discussing the commitment of the industry to go “all in”  with electric
   vehicles, trucks, and all transportation

Metaverse is growing momentum, slowly

 * Understanding what the Metaverse is and its potential through experimentation
   has been the focus the last two years. 2023 is filled with promise as
   marketers and companies start to think about using the technology to improve
   products and services for consumers
   * Web3 and Blockchain advancements will only catapult the potential for the
     Metaverse, which will start to come to fruition in the year ahead

Key Takeaways:

 * Inclusivity is key. Technology that makes every day tools accessible to
   consumers and improve life experience is important to make a priority
 * Commitment to sustainability can’t wait and is essential for all industries –
   This crosses all facets of life: Home, Health, Mobility, Work,
   Transportation, and more
 * Everyone needs to watch  ChatGBT as it grows and challenges the traditional
   model of communication and content creation 
 * The Metaverse & Web3 will continue to transform, but there is still much to
   understand about its potential  

Key Opportunity:

 * Brands that lean in during this time of economic uncertainty and
   technological advancements have the opportunity to drive cultural
   conversation and impact that can propel growth and build brand recognition

24. Januar 2023/0 Kommentare/von Madison Rhyner
Schlagworte: CES, Innovation, Tech, Las Vegas

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Madison Rhyner
https://serviceplan.blog/sp-content/uploads/2022/10/2020_SPGroupLogo_Blog_EN02.png
Madison Rhyner2023-01-24 21:44:552023-01-31 16:13:49CES 2023 Recap: A Timid
Return to Las Vegas


DAS KÖNNTE DICH AUCH INTERESSIEREN

CES 2018: Viva Las Vegas
Warum der Besuch der CES doch eine gute Idee ist!
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 * 80% Job, 100% Mutter – Teilzeit in einer Führungsposition25. Januar 2023 -
   12:49
 * CES 2023 Recap: A Timid Return to Las Vegas24. Januar 2023 - 21:44
 * Generative AI: What Marketers Should Know24. Januar 2023 - 16:39


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