scorecard
  1. Home
  2. stock market
  3. The world's biggest advertising company says these are the 10 key global market trends affecting businesses right now

The world's biggest advertising company says these are the 10 key global market trends affecting businesses right now

Lara O'Reilly   

The world's biggest advertising company says these are the 10 key global market trends affecting businesses right now
Stock Market2 min read

martin sorrell

Slaven Vlasic/Getty Images

WPP Group CEO Sir Martin Sorrell visits Fox Business Network's 'Opening Bell' at FOX Studios on May 15, 2015 in New York City.

During WPP's fourth-quarter earnings presentation on Friday, the world's largest advertising agency holding company shared two interesting slides on the current global market environment.

Advertising groups and their earnings are a good bellwether for the global economy - they work with hundreds of client spanning almost every sector and geography, so they have an informed insight as to what businesses are worried about and reasons to feel bullish about the forthcoming year.

These are the ten key global trends WPP outlined for 2016:

10 key global trends

WPP

(You can click to enlarge that image, but if you're on a mobile and it's still too small, they are: 1. Shift to East, South, and South East; 2. Overcapacity and shortage of human capital; 3. Rise and rise of the web; 4. Growth of retail power; 5. Importance of internal communications; 6. Global and local structures; 7. Relative power of finance and procurement; 8. Growth of government; 9. Acceptance of social responsibility; 10. Industry consolidation.)

WPP also drilled down on some of the macro and micro economic trends its businesses are facing. The micro trends are probably more relevant to advertising and media businesses than most:

wpp

WPP

WPP reported like-for-like net sales growth of 3.3% in 2015. Pre-tax profit rose 2.8% to £1.49 billion ($2.1 billion,) while revenue rose 6.1% to £12.2 billion ($17.3 billion.) The company's CEO Sir Martin Sorrell warned that "geopolitical issues remain top of business leaders' concerns" in 2016.

WPP also provided a slide on how its performance in 2015 compared to its competitors:

Screen Shot 2016 03 04 at 10.31.44 AM

WPP

NOW WATCH: A Navy SEAL explains why he'll never go skydiving as a civilian again

READ MORE ARTICLES ON


Advertisement

Advertisement