The looming presidential election is affecting brands in many ways, as marketers deal with increased competition for media buys, more public scrutiny over messaging and knowing when to jump into political conversations or stay silent. Politics are even impacting chief marketing officer roles and recruiting, as many brands take a wait-and-see approach to what happens in November.
“It’s an election year and whenever it’s an election year, things get funky,” said Missy Stella, senior unit manager of marketing recruiting at LaSalle Network, at Ad Age’s recent Business of Brands conference in Chicago. Due to election uncertainty, Stella expects to see an increase in interim solutions for brands with open CMO roles in the coming months. For example, many companies are opting for fractional CMO roles right now.