Author

editor

Browsing

By

A generation of people have now grown up seemingly constantly broadcasting their lives on Instagram, sharing their innermost thoughts on Twitter, intimate details of life on Facebook and yet the world seems shocked that we’ve lost any sense of privacy. We now live in an age when it seems every Instagram user wants to be an influencer, to be popular and envied and to not have anyone know anything about them.

Ever more apps continuously ask us to share location data, software updates ask us to share our personal details, messaging apps want to scan the most personal communications we can imagine and access our friends lists too. And all in an era where security breaches are common, where nefarious companies seek to sway elections, where our data seems to be used to target us with ads that are designed to be as personal as possible, but never creepy, and yet haunt and chase us in on online lives.

Our homes are now wire tapped, not secretly and against our will, but we pay money and eagerly await delivery of connected smart speakers. We now volunteer all manner of information to Google, our location, photos, our calendar invites, our intentions are known by a global sentient network, more than our own selves.

It’s easy to think this is all a relentless march towards the dreadful future where our personal lives are invaded, where privacy is dead, where we can’t escape the filter bubble, where personalized ads follow us around like Minority Report, with few marketers aware it was a film about a dystopian future, not what should be done.

While we may hate personalization, the only thing we dislike more is irrelevance. We hate it when we phone up credit card companies and they don’t immediately know it’s us. We can’t imagine a world without Google offering us better search results based on our browsing history, we like that our weather is automatically shown in our location. Most people would happily swap mesothelioma class action lawsuit TV ads for a well-made commercial for some trendy new jeans.

The marketing and business world has long tip toed around the edge of the privacy debate. We take as much data as we can, whenever we can, we store it badly and hope to never awake the beast that is the customer. If we were to work around earning data from people, by giving them trust that we will use it wisely, not sell it, keep it massively securely and offer clear value in exchange, then life would be very different.

I’d love to see the world embrace privacy trading. How do we maximize the value offered to people in return for storing limited and intimate data about people in a transparent and trusted manner?

Uber knows that the only way for the app to work is to know where you are precisely and in real-time and we understand that and allow it. We know Google Traffic knows our location but uses it anonymously to process all traffic conditions and we’re fine with the net benefit. Dating apps track our location because sharing that is a small price to pay for life or evening long romance.

I like the thought experience of a post privacy world. Maybe I’m naive but if my airline knew exactly where I was at all times then it would be able to serve me better, to come and find me if I’m in the lounge and keep the plane from leaving without me. If my credit card company knew the same could it stop declining payments because I’m abroad and didn’t tell them? If my TV set knew I was in the market for a new car, new auto insurance and I liked leather manbags, is that a terrible world to live in? What if retailers had my face stored on file and I could pay for things with a smile? What if Uber could access my calendar and offer me cars when I’m running late? What if a hotel company could tell from my voice on phone calls I’m stressed and suggest a spa for me? What if a burger joint could tell I was hungry and not been there and entice me in with a special offer? What if a clothing retailer knew my size?

It’s easy to use the slippery slope argument against this and to assume that we can’t control a precise level of privacy. A company knowing you’ve bought a TV is one thing; knowing your blood test results or genetic code is absolutely another. If health insurers, for example, could ever access some of this information, we’d have absolute mayhem.

Yet the privacy debate is rooted in paranoia. It assumes companies want to know everything and not merely enough and likely in an anonymous way. It assumes advertisers want to build rich personal files and harass customers near endlessly. And given this has been so far how we’ve acted it’s easy to see why.

I’d love a discussion driven less by technology and language like targeting, and one driven by empathy and about serving people better. I’d love to see how we can start the process of asking permission, clear opt ins, clear trust, world class security protocols, and above all else a way to maximize the value exchange over a lifetime for all. Privacy is a recent invention, it’s perhaps the ultimate luxury for the future, but will it matter. Will our kids miss something like privacy, a concept they’ve probably never known.

Feature Image Credit: online information being given freely – picture from Pexels

By

Tom Goodwin is head of innovation at Zenith Media. A writer and speaker, Goodwin is the author of Digital Darwinism: Survival of the Fittest in the Age of Business Disruption. Previously, he has spoken at leading conferences and industry events around world, including Cannes Lions and CES.

Sourced from The Drum

By

Amazon Prime’s extended Prime Day (really 36 hours), didn’t get off to the start the online retail giant may have expected. According to several reports, the website either crashed or had trouble loading pages.

DownDetector.com reported over 24,000 problems just minutes into the sale. It noted that website problems accounted for 46% while log-ins affected 34% of those reporting, and check out had a 19% problem. The site said stated that problems started at 3:04 pm ET, four minutes into the sale.

TechCrunch reported that the landing page for Prime Day didn’t work correctly, and that when some links were clicked users were sent to error pages, which sent them back to the main landing page.

While direct links to product pages worked correctly, some users reported errors when completing a purchase as well.

As of 45 minutes into Prime Day, most problems seemed to be fixed, though the pages loaded slower than usual, but it’s still a problem for a retailer that has hyped the day for weeks and received plenty of media coverage.

Social media was on fire with people reporting the issues, with many noting that cute dogs won’t solve the problems or frustrations.

Prime Day also encountered several problems last year, including issues with Alexa, and web slowdowns.

The latest news also came on a day that found that research on Prime Day launched by global eCommerce consultancy Salmon, a Wunderman Commerce Company, showed Amazon’s retail domination (particularly over Google), where they start and finish the consumer’s shopping journey.

Amazon’s retail dominance, particularly over Google, found these stats: 35% of all UK online spend goes through Amazon, 52% in the US; 51% of shoppers start their journey on Amazon (compared to 16% on Google) and 55% purchase their goods on Amazon, showing where you start is usually where you finish your shop. Also price (64%) and free delivery (54%) is considered more important than brand (39%) for consumers.

Feature Image Credit: Amazon Prime Day has technical glitches in first 15 minutes

By

Sourced from The Drum

By Miles Price 

Every subscriber wants relevant, personal email messages in their inboxes. In fact, most demand it. Subscribers are 50% more likely to open an email that’s personalized and 58% more likely to click a link when the email is relevant to their interests and lifestyle.

Personalization is clearly vital, but how can you pull it off? How can you create and send personalized emails to every subscriber? While personalization may seem complicated, you can implement it relatively easily using email marketing automation.

By adding automation to your marketing toolbox, you can create email campaigns that are automatically delivered to subscribers based on their preferences, actions, or behaviors.

To help marketers use email marketing automation in a sensible, engaging way, here are three automated workflows you can use as inspiration.

1. Automate a welcome series

The perfect time to make a good impression is when a new subscriber joins your list. That’s because subscribers are most engaged with your brand in the first 48 hours of joining your list.

The first thing you should do is automate a welcome email. You can pre-create a welcome email in your account that’s automatically sent to any subscriber who joins your list. The act of joining the list serves as a trigger.

When a subscriber joins the list for Fashion magazine, for example, they receive this automated welcome email moments after joining.

Using email marketing automation to deliver a welcome email is fairly simple, and a good way to get started in the automation world.

While it’s a good start, you don’t have to stop there. You can continue to use email marketing automation to onboard customers or readers. The onboarding process introduces a customer to your product or content and serves as the basis of your new relationship.

Following the welcome email, Fashion magazine continues the automated journey with a newsletter two days later. The trigger, in this case, is a predetermined amount of time.

The newsletter might have a 2-3-line welcome letter from the editor and a list of four of their best articles.

If you’re not a publisher, you can tweak this workflow to fit your onboarding process. The first email should still welcome new customers, but the second email might showcase your best products or give subscribers a discount on their first purchase.

The idea is to create a series of two or three emails that make your new subscribers feel welcome while educating them about your product or service.

Automated workflow

2. Send email based on subscribers’ actions

Subscribers respond to emails that align with their interests. To send targeted emails, Penguin Random House sent an email to subscribers showcasing best-selling books.

When the subscriber opened the email, they clicked on The Game of Thrones: Illustrated Edition, but didn’t make a purchase. The publisher now knows the subscriber is interested in the book and wants to encourage a purchase, so they can use email marketing automation to further personalize messages.

When the subscriber clicked on the book title, it served as a trigger. Another email was sent to the subscriber, which celebrates the publisher’s fifth anniversary and provides a discount to the subscriber. Notice which book is at the top of the list; it’s the same book the subscriber clicked on in the previous email.

The publisher could continue the automated journey by continuing to send emails based on the subscriber’s actions.

If the subscriber clicks on the book in the email again and adds it to a shopping cart, but still doesn’t make a purchase, that action could trigger an abandoned cart email. The next day, the subscriber gets a reminder email about the book along with a final promotional offer.

Automated journey

3. Design an email course or class

Ready to send engaging emails on a regular basis? Tasty, makes this possible by creating guided courses sent via email.

For example, subscribers who signed up for Tasty’s Weekly Meal Plan are sent a daily email with directions to make breakfast, lunch, and dinner. Take a look at the email on day three of the meal plan.

These emails are all created ahead of time and scheduled to deliver on a specific time and date using email marketing automation.

However, Tasty can add to this automated journey by asking this segment of subscribers via email if they’re interested in another guided course, The Healthy Eating Challenge.

Since the content is related, there’s a good chance subscribers will be interested. If subscribers say yes, they’re added to a new segment that will now receive regular emails that help subscribers make wise meal choices. Here’s an example:

By offering guided classes, Tasty is getting to know its subscribers on a more personal level. As subscribers join different classes, they’re segmented into smaller groups, which improves personalization.

Automated journey

Tips to create automated journeys

If you’re ready to use email marketing automation to set up workflows, here are a few tips:

Get creative with starting points

Automated journeys are as unique as your subscribers. Don’t be afraid to get creative. Pick from one of the starting points below and design a series of emails that subscribers will love. Starting points include:

  • Subscriber joins a list
  • Subscriber enters a segment
  • Subscriber leaves a segment
  • A date
  • An anniversary
  • Subscriber activity

Give subscribers room to breathe

Automated journeys are great, but you don’t want to overwhelm subscribers either. You can build breaks into your journeys. They’re called delays. It’s best to give subscribers some time to open and engage with your email before sending another. Remember, the point of automation isn’t to send more emails; it’s to send more relevant ones.

Segment your automation

Automation works best when you use it in conjunction with segmentation. By creating specific campaigns for smaller groups, you’re making a stronger connection because the content is more targeted.

Watch your metrics

As with any email marketing tactic, it’s best to monitor your metrics when you’re using email marketing automation. Keep an eye on your engagement rates, specifically your open, click, and conversion rates to see how subscribers respond. Let the metrics guide and improve your automated journeys.

Wrap up

Automation can help marketers personalize emails without a ton of creation time. With the right mix of automated journeys, marketers can drive engagement and revenue with efficient personalized messages.

By Miles Price 

Sourced from Business 2 Community

By 

Brands are often advised that a good way to get attention from Millennials is to “stand for something.” Millennials seem to admire brands with a social IQ, as many business stories seem to underscore.

A new study from Morning Consult, a Washington, D.C-based research and brand-tracking technology company, provides data that seems to confirm part of that but notes it is not always true, or is more true for some issues than others.

In an introduction to the report, Michael Ramlet, the founder and CEO, says that the recession left an impression on Millennials, so they place an emphasis on value. “Crucially, Millennials expect more from brands. From the shoes they wear to the coffee they Instagram, brand choices are increasingly used to project values in public and online, elevating the need for brands themselves to be value-conscious.”

This report says they want values. And value. “There isn’t any kind of secret sauce to building brand loyalty,” the report says. “Millennials, like older generations, just want reliable, well-priced goods. Factors like ethical standards or transparency are important to some, but don’t rank atop the most significant contributing factors.”

The chapter and section headings of the 18-page report explore things like “Values and Politics” and “Business Ethics,” and much of the report seems a lot more basic.

“While there is certainly a cohort of Millennials that actively pays attention to these [social] issues — and are willing to hold companies accountable — the average Millennial does not.”

For example, on the cause-conscious side, just 25% of Millennials say they’ll buy goods or services from companies that they know have labor practices they don’t support. But, on the flip side, only 29% say they avoid buying from companies with different political positions from their own.

“Support for civil and gay rights are the least controversial political positions brands can take. Abortion remains deeply divisive,” the report says.

A brand that proclaims its support for civil rights garners a 56% net positive; gay rights scores a 31%; and gun control elicits an 18% positive reaction. Advocating for stricter abortion policies — that’s the way the idea was stated — elicits as much support as it does opposition, ending in no net gain at all.

The survey of 2,202 adults taken almost exactly a month ago includes a list of brands “most loved” by young adults. At the top, perhaps not surprisingly, are YouTube, Google, Netflix, Amazon and Sony.

(Tucked in 10th place, however, is Dollar Tree, which a Morning Consult spokesman tells Marketing Daily, is evidence of an earlier company survey showing appreciation by all adults for the dollar discount stores by whatever name. Those stores, Morning Consult says, have quiet, strong reputations for hyperlocal community support.)

The top words or phrases Millennials associate with the brands they like are “well-priced given the quality,” “reliable” “high quality,” “trustworthy” and “loyal to customers” and all of them are ahead of “fair-minded,” “ethical,” “moral” and “transparent.” Those value-based terms do show up but not near the top.

The survey breaks out data for four well-regarded companies or brands — Nike, Home Depot, Starbucks and Dove soap — and shows that in each, what Millennials liked more than other social responsibility aspects was that it was a reliable product and/or that it featured good service.

By 

Sourced from MediaPost

By

As Donald Trump and Vladimir Putin arrived in Helsinki for their summit, they were greeted by billboards, posters and transport shelter signs touting Finland as the ‘land of free press.’

TBWA\Helsinki and Helsingin Sanomat, the largest newspaper in the Nordics, greeted presidents Putin and Trump with a reminder of press freedom during their summit in Helsinki, since both leaders are notoriously trying to control the media in their respective countries.

The timely outdoor campaign had an extremely short production time, as the summit – undeniably the news event of the day – wasn’t announced until three weeks previous. 280-plus billboards were created and have been displayed in English and Russian throughout Helsinki, on the presidents’ travel routes to the summit from the airport.

An accompanying video describes the campaign.

The paper’s president, Kaius Niemi, reiterated his company and country’s belief in a totally free press in a tweet, saying: “As we welcome the presidents to the summit in Helsinki, we @hsfi want to remind them of the importance of free press. 300 billboards on the routes from the airport to the summit are filled with news headlines regarding presidents’ attitude towards the press freedom.”

President Trump has lambasted legitimate news sources throughout his tenure, crying ‘fake news’ whenever it suits him. Putin has continually blocked some news sites and put in laws to keep the media at bay. Those efforts by both presidents have caused the press freedom group Reporters Without Borders (RSF) to drop the rankings of both countries, with the US now at 45 (down two places) and Russia all the way at 148. Finland is fourth, just behind Norway, Sweden and the Netherlands.

By

Sourced from The Drum

By

To find out your company’s Net Promoter Score, all you have to do is ask your customers one simple question. That question can tell you a lot about where you stand in terms of customer loyalty.

Developed by Fred Reichheld at Bain & Company, the Net Promoter Score (NPS) is a customer loyalty metric that measures customer satisfaction using an index that ranges from -100 to 100. Customers are asked one question – if they’d recommend the company to a friend – and then asked to respond using a scale from zero to 10, with zero being “not likely” and 10 being “extremely likely.” Customers are then organized into three categories as detractors, passives or promoters, based on their responses.

Detractors

Detractors are those who score between zero and six – they’re the most likely to have a negative perception of the brand or company and the least likely to spend money. They’re also more likely customers to clog up customer service lines, lodge complaints and spread negative word-of-mouth.

In its 2013 report, The Economics of Net Promoter, Temkin Group identifies detractors as having a low Customer Lifetime Value (CLV), because their behaviors are seen as “economic penalties.” They’re less likely to spend more with the company and more likely to complain and spread negative reviews. As a result, they take up customer service’s time and are more expensive to serve than happy customers. In addition, winning back detractors from a brand is typically more expensive than maintaining loyalty with happy customers.

Passives

Passives score between seven and eight on the NPS, and exhibit behavior that falls between a detractor and a promoter. Passives count towards the total number of survey respondents, which helps balance the detractors and promotors since these neutral customers move the net score closer to zero. In terms of NPS, these customers are less important than detractors or promoters because they don’t inform the organization about their brand loyalty.

Promoters

Promoters include anyone who responds with a score of nine or 10. Promoters are more likely to buy products, stay loyal to the brand and spread positive brand awareness to others. Temkin Group found that 64 percent of promoters were more likely to forgive a business compared to 11 percent of detractors. They’re also five times more likely to repurchase from the business and twice as likely as detractors to recommend to a friend.

Companies typically engage with promoters after the first survey question, they will often follow up to try and find out why the customer is likely to recommend the business to a friend. These responses are typically communicated back to departments in the organization that can benefit from the information. The information might be used to improve products, services, training or to restructure workflow process to keep customers happy.

Tempkin Group states that promoters have a high CLV, since these customers display behaviors that are considered “economic benefits. They’re more likely to spread positive reviews, spend more money, cost less to serve and won’t cost anything to acquire, since you already have them.

How do you calculate NPS?

Once you gather the survey data, your company’s NPS is determined by subtracting the percentage of detractors from the percentage of promoters, while passives count towards the total number of respondents. Surveys are typically administered via e-mail and SMS, but it’s becoming increasingly popular for companies to include these surveys within their proprietary mobile apps.

It’s easy enough to calculate your organization’s NPS manually, but if you want to outsource the process, there are third-party services that will help you send out surveys and determine your score. Some popular NPS services include:

  • Survey Monkey
  • io
  • Zendesk
  • Delighted
  • Ask Nicely

What is a good NPS?

A good net promoter score is technically anything above zero, which means you have more promoters than detractors. The worst score you can get is a -100, which means you do not have a single promoter and that all your customers are detractors – vice versa for a score of 100. A score of 50 or more is considered excellent.

Looking at B2B NPS benchmarks will give you a general reference point for where you stand against the competition and help you measure your progress. It’s important to remember that average NPS scores can vary significantly by industry, and a good score in one industry might be a poor score in another. For example, the B2B software industry has an average NPS score of 27, while the IT services industry has an average NPS of 17. To put that in context, industries like HR services and architecture have an average NPS of eight and 32, respectively.

Why is the NPS important?

The result of NPS is a straightforward metric that companies can use to gauge customer loyalty and the health of the company’s brand. It’s just one question, but it’s an important metric for helping businesses understand where they stand in the market and determine whether their effort is better spent on maintaining customers’ satisfaction or if it’s time to try winning back unhappy customers.

Closing the loop

The NPS has a process called “closing the loop,” which is when someone can get more information from a detractor or, even better, convert them into a promoter. However, it’s important to note that to “close a loop,” you can’t allow customers to submit feedback anonymously. That’s because you’ll need some way to contact them in order to attempt winning them back as a customer.

To get a detractor back, you’ll need to reach out directly to the customer and interact with them first-hand. The Net Promoter survey will help you identify these customers and give you the opportunity to bring them back, if that’s what you want.

Criticisms and cautions

One thing to consider with the NPS is there’s no way to analyze responses without inherent human bias. Since responses aren’t standardized, organizations need to rely on human interpretation, which means the results might be skewed based on that person’s experiences.

Another criticism is that organizations might find detractors are unhappy but continue to stay with the company. Typically, this is because of “switching barriers,”as Reichheld noted in this HBR article from 2003. which is common in industries, like technology, where customers have to sign contracts and service agreements. A customer might be unhappy with their internet provider, but unable to switch because there aren’t any other options available in the area. In this instance, it might be important to focus on improving the experience for detractors, rather than focusing on the promoters.

By

Sarah White is a senior writer for CIO.com, covering IT and healthcare careers, among other technology topics.

Sourced from CIO

Save big dollars and eat more high-quality foods with these insider shopping secrets.

Grocery shopping should be a simple task: make a list, buy what you need, then go home. But these days it’s much more complicated than that and more than ever consumers are faced with an overwhelming number of options: organic, local, non-GMO, generic, private label—the list goes on and on. With so many choices it can be hard to tell if you’re getting the best deals and the freshest products.

That’s why we’re here to help. We spoke to supermarket employees at major markets around the country to get some insider shopping tips that will save you money and ensure you’re getting the freshest, highest quality food at the best price. Knowledge is power, and with a few tips and tricks up your sleeve, grocery shopping will be a breeze. And for more budget-friendly advice and tips on how to score high-quality foods, subscribe to the Eat This, Not That! magazine—and get 50 percent off the cover price!

1

The Early Bird Gets the Worm

Woman at farmers market

Shutterstock

When it comes to grocery shopping, the old adage holds true—the early bird really does get the, er, freshest produce. “Shopping earlier in the day can help to avoid busy rush hour business and allow the ability/time to pick the best products on the stand before someone else beats you to it,” says Sprouts Farmers Market spokesperson Diego Romero.

2

Dig Deep…in the Back

woman checking food

Shutterstock

Products are supposed to be rotated so that the freshest items are placed in the back, explains one owner of several stores in a well-known supermarket chain. This is especially true in rear-loading display cases (usually used for things like milk and eggs). So if you want the freshest items, reach towards the back.

3

…But Not Always

woman grocery shopping

Sergey Gavrik

However, there’s a caveat: “Don’t assume the freshest product is always at the bottom of a display,” says Romero. “Some items sell so quickly that displays are frequently topped off during the day when there isn’t time or need to rotate the product.”

4

Organic Doesn’t Mean Fresher

woman smiling at farmers market

Shutterstock

Produce that is labeled organic has its benefits, but it is not a freshness indicator. “Organic is not fresher or less fresh than conventional, it’s all how it was handled and how long it was in transit,” says one grocery store owner.

5

Shop Local

bag with produce stating buy fresh buy local

Sergey Gavrik

Though packing and refrigeration technology means that even food shipped from as far away as New Zealand can arrive in American stores quickly and in great shape, local products have, by their very nature, had to travel less. So there’s chance that they’ve been banged around in transit and a greater likelihood that they are fresh.

6

Eat Seasonally

Strawberries being washed

Ohmky/Unsplash

It may seem bougie to talk about eating seasonally, but it’s actually just practical. “In the old days we had a three-week season on California Strawberries and now you can buy them 52 weeks a year,” says a grocery store owner in New York. The difference, he says, is the price. Blueberries in-season may cost $1.99 a pint, whereas off-season prices can skyrocket to $4.99 for a half pint.

7

Cheap is Good

woman asking grocery store employee for help

Shutterstock

You may think sales are designed to get almost expired products off the shelves, but in fact, it can simply mean that there’s an abundance. “When the price is the cheapest that’s also when the quality is the highest,” says the grocery store owner of produce.

8

Sales Trickle Down

Sale signs

Shutterstock

Sales are not necessarily set at the local grocery store level, but rather trickle down from the companies and warehouses themselves. “The same products that are on sale for you are on sale for me at the wholesale level,” explains a grocery store owner.

9

Ask for Samples

food samples

Shutterstock

If you’re curious about a product or the quality of produce, some stores will let you take a nibble before you buy. “Our Green Thumb experts are happy to slice a sample of any fruit or vegetable, offer tips and recipes and help shoppers find what they need,” explains Danna Robinson, communication manager for Harris Teeter.

10

Come in With a Plan

woman checking shopping list

Shutterstock

It’s fairly common to walk into a grocery store without a plan, buy a ton, then get home and realize you don’t actually have the makings for any cohesive meals. Going in with a shopping list and at least a few ideas of what to cook that week—if not a set meal plan—can help keep you focused on cut down on splurge purchases.

11

But Be Flexible

Using credit card

Shutterstock

Though a plan is key, you also need to be flexible. “If you come in and you always have a set menu then you’re going to be overpaying,” says one grocery store owner. “If you are flexible you never have to pay full price for anything.” He suggests shopping the sales and making budget-friendly swaps.

12

Check the Website

Happy man at computer

Shutterstock

For those who like to plan ahead, the grocery store’s website often features the weekly sales circular. Look what’s on sale and plan around that.

13

Use the App

Coupons on mobile phone app

Shutterstock

According to Romero, if you’re not using the grocery store’s mobile app (and most have one these days), there’s a good chance you’re missing out on deals. “The Sprouts Mobile App is a great way for shoppers to save, offering exclusive mobile coupons and local weekly ads. On the app, we also offer special promos like Checkout Challenges, where the more you shop, the more you save!”

14

Ditch the Brand Loyalty

Juice bottles

Shutterstock

The biggest mistake one grocery store owner sees consumers make is being loyal to particular brands. He sees people paying exorbitantly more for “trusted” brands and says that even if they are slightly better (which often they’re not!) the price difference usually isn’t worth it.

15

Go Generic

Couple grocery shopping

Shutterstock

The same grocery store owner in the tip above is also a huge proponent of generic or “private label” options and says there are a lot of misconceptions about quality. He sees people paying significantly more for brand name products when their generic equivalent is exactly the same. “Consumers are so blinded by advertising,” he remarks.

16

Keep It Basic

Shopping aisle grocery store

Shutterstock

Don’t dismiss generic or “private label” options! There are a lot of misconceptions about quality. One grocery store owner sees people paying significantly more for brand name products when their generic equivalent is exactly the same. “Consumers are so blinded by advertising,” he remarks.

17

Do the Math

Reading grocery store label

Shutterstock

Don’t assume you’re getting a deal just because you have a coupon. Often folks will get really excited about sales or coupons and feel that they are getting a better deal than they really are. So it pays to do the math and compare prices.

18

Ask the Experts

woman asking grocery store employee for help

Shutterstock

Don’t be afraid to chat up the folks who work at your local grocery store. “For example, shoppers can trust our in-store butchers for cooking and product selection tips, placing special orders, seafood seasoning, custom cuts and more,” advises Diego Romero of Sprouts. From the produce aisle to the fishmonger, these experts can offer some true insider tips specific to that store, and can help you find exactly what you are looking for.

19

Befriend the Butcher

butcher

Shutterstock

Along those lines, if your grocery store has a butcher, use them! Ask them to trim the fat off the meat or tie up your roast for you. Usually, you can even pick out meat that has already been packaged and bring it to them with these requests. Of course, if you want extra-thick steak, these are also the people to ask.

20

Big Stores Mean Big Turnover

Shuttertsock

One benefit to shopping at larger markets is that they probably have a higher turnover, meaning that produce hasn’t been languishing on the shelf for a week or longer. Romero notes that Sprouts, for example, gets daily fresh produce shipments from the farm or packing house, and that staff are “constantly culling and rotating with fresh produce throughout the day.”

21

Use Your Senses

Shutterstock

At the end of the day, no matter how often the stock is refreshed, nothing beats using your senses to check your produce. “The best indicator on freshness is your eyes,” says Romero. “If it looks fresh and vibrant, it probably is. Smell and touch are critical to auditing the ripeness of a cantaloupe or avocado or the crispness of an apple or a cucumber.”

22

Time of Year Doesn’t Matter

Shutterstock

Though certain items might be on sale at certain times of the year (pumpkin puree around Thanksgiving, for example), a grocery store owner says that there isn’t any one time of year when prices are lower across the board. So feel free to stock up on favorites that come on sale, but no need to wait until a particular holiday or time of year.

23

Know Your Store

Shutterstock

Though we can make generalizations about best times to shop and what produce is freshest, so much varies store to store. “So much is neighborhood specific,” says the grocery store owner. He finds that places with older populations tend to get busy earlier while younger crowds tend to shop later. Knowing the quirks and specifics of your local market will help you get the best experience.

24

Shop Around

NeONBRAND/Unsplash

While it’s convenient to shop at just one store for all your needs, you’re paying a price for that convenience. So if you really want to get the best deals don’t be afraid to shop around. Even if you don’t keep up with a dozen circulars every week, you can still get a sense of what stores tend to have the best prices (and quality) on different product types.

25

Apples to Apples

Woman reading nutrition label on granola Shutterstock

To really assess whether you’re getting a good deal, look at the price per ounce rather than the total cost. A family pack of chicken breasts, for example, will cost you more total but often be a better deal per pound (and you can freeze what you don’t use right away!). But things like a tri-pack of peppers can seem like a good deal until you catch a peak at the price by weight (loose is usually cheaper in this case).

26

Get a Rain Check

Grocery cart empty aisle Shutterstock

Bummed that a sale item appears to be out of stock? Ask for a rain check! Most supermarkets will give you a coupon you can use at a later date when the item is back in stock.

27

Request Your Faves

Couple looking at computer Shutterstock

Don’t see something you want? Just ask! “If our shoppers cannot find what they want at their Harris Teeter, we encourage them to ask for a member of management. Our teams will work to see if we can place a special order,” says Robinson.

28

Do Your Homework

Woman reading food label Shutterstock

One of the best things you can do is to be an informed consumer. Learn the difference between food labels like all-natural and organic to make sure if you are paying a premium it’s for the reasons you want. The grocery store owner, for example, says that though it’s a hot button issue, he’s wary of the stink against GMOs and finds people bulking the label in with organic, when in fact they are two separate designations. Whatever your stance on it, do your homework so you make sure you know what you’re buying.

29

Wash Up

Washing veggies Shutterstock

Forget pesticides—do you know how many hands have touched that pear? People have no qualms about manhandling the food in grocery stores then returning it to the shelf, so do yourself a favor and give all your produce especially a good rinse before digging in.

30

Don’t Shop Hungry

Man shopping hungry

Shutterstock

This goes without saying, but don’t shop hungry. Or hangry. Never shop hangry. Mistakes will be made. Money will be spent. So have a snack before setting foot in the grocery store. Your wallet (and humanity) will thank you.

 

Sourced from Eat This, Not that!

Sourced from FOODDIVE

According the United Nations, the world population is projected to jump from 7.2 billion to 9.6 billion by 2050.  With all these mouths to feed in just over three decades, the pressure is definitely on the entire food and beverage industry to implement sustainable solutions to tackle the devastating impact of climate change, pollution, deforestation, energy and water consumption, resource degradation and depletion, and food waste on the global food supply.

What’s more, increasingly conscious consumers are demanding more transparency in the worldwide food system, requiring that food brands be more transparent regarding sourcing, production and transportation methods and nutrient content. Now, more than ever, brands need to provide full traceability in order to appease consumers’ concerns for their health, the environment, the well-being of workers and animal welfare.  Without substantiated information to back up their marketing claims, brands run the risk of losing customer trust and loyalty, facing PR and regulatory compliance nightmares, and ultimately experience major drops in revenue.

Optel

USE CASE: Using GeoTraceability solution for a sustainable palm oil

For palm oil mills who rely on external suppliers, from farmers’ groups, to individual smallholders or agents, the task of effectively engaging, mapping and managing the supply base is a major challenge.

While food companies look to become more socially responsible, there are significant challenges to overcome. More sustainable practices and transparency mean more investments in terms of improving supply chain performance, changing suppliers and processes, training employees, instilling monitoring and reporting mechanisms, etc. With low margins in the food and beverage industry, companies have to strike the perfect balance with what is pragmatically achievable and what will ensure a positive bottom line.

A compelling example of the importance of transparency when it comes to sustainability is the palm oil market. Because palm offers a significantly higher yield at a lower cost of production than other vegetable oils, palm oil is used in a wide array of food products, detergents, cosmetics and even biofuels. Unfortunately, due to its unwavering popularity with food brands, palm oil exploitation has caused widespread deforestation of tropical forests and unprecedented devastation to vulnerable ecosystems. Shocked by the impact on the environment, non-governmental organizations and customers are participating in boycotts of major palm oil brands to force them to find sustainable solutions produce their products.

As a part of their overall sustainability initiatives, many renowned brands have already set very ambitious sustainability goals, and, according to Ethical Corporation’s Responsible Business Trends Report 2018, companies across the board are recognizing sustainability as a revenue driver and effective means to slash operational costs.

The Answer

The key to sustainability and business success? Technology and data. And a case in point? End-to-end, item-based traceability solutions.

More and more food brands are integrating digital traceability systems within their supply chains to clearly show that their sustainability actions speak louder than words. Allied Market Research points out that the global food traceability market is expected to reach $14.1 billion in revenues by 2020—a testament to the rise in companies’ commitment to demonstrating accountability and increase consumer safety.

Advanced end-to-end traceability solutions, namely those developed by OPTEL, are powered by blockchain, artificial intelligence (AI) and the Internet of Things (IoT), allowing manufacturers to serialize each food and beverage product, using a unique mark or identifier number. A food item can therefore be tracked in real time from the moment the raw materials are sourced through to production, warehousing and delivery—and all the way to the consumer’s plate.

As opposed to lot-based traceability, item-based digital traceability zeroes in on a single produced item (assembly or sub-assembly). This means that food brands can literally prove that a specific and unique food item was made, stored, packaged and transported in a sustainable way. This level of traceability gives food brands improved supply chain visibility and control—as well as razor-sharp information—so that, based on their overall sustainability strategies, they can:

  • Set realistic sustainability goals
  • Optimize resources
  • Select more sustainable suppliers
  • Minimize waste and environmental impact
  • Have confidence in the statements they make to the market
  • Provide customers with access to accurate information as to a food products’ origin and authenticity
  • Monitor sustainability progress
  • Increase customer trust and brand loyalty

Conclusion

When it comes to the food and beverage industry, walking the sustainability talk is no longer a nice-to-have—but a must-have. In today’s hyper-competitive markets, sustainable practices and complete transparency with consumers are the only ways to stay in the game. End-to-end traceability systems can therefore become a food brand’s number-one solution to address the cultural and economic imperatives of sustainability. OPTEL, a global leader in traceability, is the only developer on the market to offer end-to-end traceability solutions that are readily accessible today and can be seamlessly integrated into existing supply chains. Contrary to other providers that only offer lot-based traceability, OPTEL’s solutions guarantee item-level traceability, which opens up more opportunities than ever before to providing the valuable information distribution and retail partners—as well as customers—require to choose socially responsible food brands.

Sourced from FOODDIVE

By  Derek Andersen 

Forbes recently stated that 80% of enterprise companies are investing in artificial intelligence (AI) solutions today. AI is a machine’s ability to imitate intelligent human behavior by perceiving a set of inputs and processing that information in order to reach a desired outcome.

In the martech space, companies are utilizing AI to build customer profiles, resulting in more precise ad targeting as well as unprecedented customization. Below are three recent examples of how companies are using AI to build customer profiles and drive revenue.

1. Teleflora Uses AI to Deliver Personalized Product Recommendations

A recent article in Direct Marketing News details how Teleflora, a leading floral arrangements vendor with more than 15,000 member florists in the US and Canada, uses AI to build customer profiles and provide a personalized touch.

Source: Teleflora.com

When Tommy Lamb, Teleflora’s new director of CRM and loyalty, joined the company, he immediately realized their marketing strategy was underdeveloped. Since customers typically only used Teleflora at spread-out points in the year, the company needed strong remarketing and customer service to build brand loyalty. But rather than providing personalized offers, they only utilized a few generic holiday email campaigns.

A retail marketing platform called Bluecore gave Lamb and Teleflora the AI capabilities they needed in order to execute a three-pronged personalization plan:

  1. Teleflora first created more comprehensive customer profiles by combining their product data with their individual customer data.
  2. Next, Teleflora paired Bluecore’s machine learning capabilities with these comprehensive profiles to anticipate the future purchases of various audience segments.
  3. Finally, Teleflora integrated advanced analytics, allowing them to identify best-selling items and other purchasing trends.

This AI strategy allows Teleflora to accurately anticipate customer needs. They can target customers who are ready to buy and make personalized recommendations, driving customer loyalty and ROI. Then, their analytics solution allows them to view the results and promote high- or low-performing products accordingly.

2. BMW Leverages AI to Personalize Ad Spend and Lower its Cost-Per-Acquisition

In order to execute a recent campaign, BMW Mini worked to connect and organize its data into an actionable format. Its goal: to target adults searching for a premium vehicle who had shown interest in the BMW brand.

Source: BMWBy partnering with ad agency Universal McCann, BMW was able to leverage its first-party data—which included people who had visited the BMW website or were already in their CRM system. BMW used this data to enhance its existing search strategy, ensuring its ads delivered relevant messaging to interested car shoppers.

BMW then utilized an AI solution to optimize the efficiency of its targeted ads. Over time, this solution optimized BMW’s ad targeting so the messaging would reach the right person, based on factors like time of day, previous searches, and BMW website visits. As a result of this strategy, BMW Mini’s conversions tripled and their cost per acquisition declined by 75%.

3. Comfort Keepers Utilizes AI to Target Caller-Ready Audiences

Comfort Keepers, one of the nation’s leading providers of in-home care for seniors, uses AI-powered conversation analytics to understand what happens on calls to each of their 450+ franchisee locations. Since phone calls make up 70% of their marketing conversions, they analyze the calls to determine who each caller is, if they are a quality sales lead (vs. a non-sales call), and if they converted to an appointment or customer.

By using this conversation analytics data, Comfort Keepers is able to fully gauge the success of their marketing efforts and prove it to each of their franchisees. Not only are they able to identify the quantity of the calls their campaigns drove, but they can also understand the quality. For example, rather than simply saying “we drove 2,000 calls this week,” they’re able to identify how many of those calls are potential new customers versus current customers. This gives them a full picture of the ROI from each of their campaigns to each location.

As a next step, once Comfort Keepers understands who converted on their calls and who did not, they can use that same conversation analytics data from AI to retarget their prospects with search, social, and display ads and use good callers in their lookalike campaigns.
Read more at https://www.business2community.com/marketing/how-ai-helps-marketers-build-customer-profiles-and-drive-revenue-02091198

By  Derek Andersen 

Sourced from Business 2 Community