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By MediaStreet Staff Writers

How can you get your customers to write more online reviews?

Most online shoppers (81%) do not write reviews of their purchases, according to a new survey by Clutch. However, many of those same online shoppers say they rely on product reviews when considering a purchase.

E-commerce businesses face the challenge of growing the approximately 20% of online shoppers who regularly write reviews, since online shoppers often rely on reviews to make purchasing decisions. The study suggests the gap is an opportunity for e-commerce businesses to engage more online shoppers and address the reasons why they typically don’t write reviews.

Email marketing is an effective strategy for garnering reviews, prompting nearly one quarter (23%) of shoppers to write reviews. However, online shoppers cite lack of time and incentives as key reasons for their unwillingness to write reviews.

E-commerce businesses can potentially reverse that unwillingness with simple changes to their review gathering process. For example, businesses should ensure that the review process is as efficient as possible by requesting specific feedback through guided questions or star ratings.

Incentives, such as a discount or contest entry, can also help secure more reviews. However, companies should be aware of any local laws that prohibit exchanging incentives for favourable reviews.

Timely and effective customer service, including resolving an order issue or complaints, can also increase the likelihood of garnering reviews. Shoppers are more motivated to write positive reviews than negative ones: One third (33%) of online shoppers who write reviews share an especially satisfying experience, compared to 2% who write about negative experiences, according to the survey.

Experts say companies should use the review-gathering process to give customers the opportunity to alert them early on to problems that could undermine their satisfaction.

“If any issues arise within that initial use of the product, you can usually remedy the situation and put a stop to anything that might put a damper on positive reviews,” said Dan Scalco, CEO of Digitalux, a digital marketing and SEO agency.

Let’s get those happy customers reviewing your products ASAP.

By MediaStreet Staff Writers

Millennials rely on social media influencers more than ever for fashion shopping ideas and inspiration, but say they trust them less.

This is according to a Dealspotr survey of Millennial shoppers, conducted to better understand the shifting dynamics between consumers, lifestyle influencers and retailers in today’s digital economy. They say, “Perhaps more than any other industry, fashion retail has been upended by social media and the rise of digital influencers. Millennials are increasingly reliant on social media and the influencers who dominate them to curate trends, new brands, and the styles they wear.”

This year’s edition, Dealspotr’s Millennial Fashion Shopping Study, underscores some surprising shifts in Millennials’ perceptions of social media influencers. Notably, in 2017, Millennials are starting to trust influencers less than they used to. Millennials are also becoming more sophisticated in how they evaluate influencers – a previously important indicator of trust, an influencer’s number of followers, is now largely ignored by this demographic. At the same time, Millennials are now more reliant than ever on lifestyle influencers for fashion ideas and inspiration, creating a critical yet challenging landscape for fashion brands to navigate.

“Millennials now trust social media influencers more than their friends and family for fashion picks and recommendations,” says Michael Quoc, founder and CEO of Dealspotr. “However, as the influencer economy matures, brands must be hyper-aware of shifting perceptions and increasing skepticism towards online influencers when crafting an influencer marketing strategy.”

Highlights from the report:

  • Social media influencers are now the #1 factor driving fashion shopping decisions among female Millennials (41% selected as their primary influence). Lifestyle influencers now have greater impact than more traditional factors such as friends and family (37%), TV / magazines / advertisements (20%) and celebrities (19%).
  • At the same time, 52% of Millennials say they trust social media influencers less these days.
  • Millennials no longer judge influencers by their number of followers. Only 7% primarily care about an influencer’s number of followers, far outweighed by the influencer’s sense of style (60%).
  • Millennials are extremely price conscious when it comes to fashion brands. 70% of Millennials say price and value are the most important attributes of a fashion brand, above the brand’s style at 43%.
  • 36% of Millennials say the availability of a discount code is their primary factor determining whether they would try purchasing from a new or unfamiliar fashion brand.
  • 65% of Millennials primarily make fashion purchases in-store, compared to 41% who primarily buy online.

 

To download the full report, click here.

 

Want more traction in your marketing efforts? Then think births, deaths, and marriage.

Online social networking has revolutionised the way people communicate and interact with each other. This is despite all the annoying things that come with it (just think of all those articles complaining about the top ten most annoying habits on social media.)

Not only does social media make us happy and annoyed, there’s advantages to using it. For example, reconnecting and gossiping with old friends about babies, birthdays and baptisms/christenings.

A new study from the University of Notre Dame’s Mendoza College of Business examined the impact of major life events, such as getting married or graduating from college, on social network evolution. And the researchers say that the results have important implications for business practices, such as in marketing.

The study shows that major life events not only get more social media attention overall, but also bring long dormant connections back into social interaction.

Researches Hong Guo, associate professor of business analytics, and Sarv Devaraj, professor of business, and Arati Srinivasan of Providence College, specifically focus on two key characteristics of individuals’ social networks: indegree of ties and relational embeddedness. Indegree is the number of ties directed to an individual. Those with high indegree centrality are assumed to be the most popular, prestigious and powerful people in a network due to the many connections that they have with others.

“We find that the indegree of ties increases significantly following a major life event, and that this impact is stronger for more active users in the network,” Guo says. “Interestingly, we find that the broadcast of major life events helps to revive dormant ties as reflected by a decrease in embeddedness following a life event.”

Relational embeddedness is the extent to which a user communicates with only a subset of partners. Social networking sites allow users to manage a larger network of weak ties and at the same time provide a mechanism for the very rapid dissemination of information pertaining to important life events such as engagements, weddings or births.

“We show that major events provide an opportunity for users to revive communication with their dormant ties while simultaneously eliciting responses or communication from a user’s passive or weak ties,” Guo says. “Increased communication with weak ties thereby reduces the extent of embeddedness. We also find that one-time life events, such as weddings, have a greater impact than recurring life events like birthdays on the evolution of individuals’ social networks.”

So why does this matter outside of our social media circles?

“Knowing this, advertisers may better target their ads to major life events. For example, a travel agent marketing a honeymoon package can target a user who has shared that they just got married,” Guo says. “From the social networking sites’ perspective, various design features may be set up to enable and entice users to better share their life events, like how Facebook helps friends promote birthdays.”

So, you might want to think about your next marketing campaign. Does it tie in with big life events? No? Then get on that.

 

Amazon Advertising has grown up this year, a function of the company’s growing investment in its $1 billion-plus offering, but also increased attention from agencies and brands. We break down how the offering stands.

Amazon Marketing Services

  • Offers self-serve, DIY, paid search media. Brands can have ads appear in headline search and product listings ads.
  • Headline search ads are pay-per-click ads that appear at the top of search results. They’re targeted based on the terms shoppers search for. They’re open to both vendors who sell to Amazon and third-party sellers.
  • Sponsored products appear on product pages and in scrollable modules. They’re also open to both vendors and sellers. One important thing to note that is unique to Amazon, since it sells product: If you run out of stock, the ads stop running, too.
  • Product display ads aren’t targeted with keywords, but can appear, for example, on complementary product pages or even competitors’ products.
  • Has an API in beta expected to go public next year that will let brands control things like spend through a single day and campaign management.

Amazon Media Group

  • Offers more traditional ad buys that include Kindle, sponsorship, displays or out of home.
  • A new offering this year was Amazon Video Ads, default sound off, that autoplay on Amazon sites or elsewhere.
  • AMG can find “interest groups” across different sites, including IMDb.com, then help brands create takeovers and use ad space.
  • AMG includes the Amazon Advertising Platform, which means campaigns can run across Amazon sites and third-party sites.
  • Amazon opened up self-service for AMG this year, so agencies can manage their own campaigns and don’t have to go through Amazon.
  • An API for sponsored product ads went live this year as well.

Advertising versus retail experience

Amazon differentiates ad products available through AAP, AMS or AMG from ways brands can enhance the appearance of their “storefronts.”

  1. Amazon Stores: Stores is a self-serve, DIY way for both vendors and sellers to make virtual “shopping” experiences. Brands can pick design templates and curate products.
  2. Standard A+: Vendors can sign up for A+ content, which Amazon says can increase sales from 3 to 10 percent. It essentially lets you include better photos and video.
  3. Enhanced/Premium A+: By invitation only, Premium A+ lets brands include seven modules (more than standard) and also inline banner videos, rotating banners, interactive highlights, comparisons and other souped-up features. An ad buyer said testing “comparisons” with other products led to 70 percent of customers buying the next highest price point.

Advertiser Audiences

This self-service tool went live in July. It is a way for Amazon to segment the shoppers on its website. Brands can match a list of customers with Amazon shoppers to make targeting segments to use in Amazon ad campaigns.

The numbers

  • The minimum investment for AMG is $50,000.
  • A+ pages cost about $250 per page but can go up depending on the brand’s size and the service level from Amazon.
  • Premium A+ pages cost between $250,000 and $500,000 for unlimited pages.

Influencer marketing

Influencer marketing on Amazon is new, but the launch of Spark — a shoppable feed only Prime members can post to — this fall gave it a boost. That means brands don’t have a way in yet, but their influencers do.

The buyer view

“Brands need to be considering hybrid selling relationships with Amazon much more intensely. Many of our large clients are indeed doing this and have engaged us to help them understand how to best do that. Brands need to be looking at Amazon as a component of their overall branding strategy, both in the way they produce content for and buy presence on the platform.” said Tod Harrick, Marketplace Ignition vp of product. “To that end, they need to think carefully how they incorporate these pages as part of an overall traffic strategy.”

“Brands can’t treat Amazon as a shiny object,” said another media buyer. “Amazon is not the end-all, be-all to everything. If you don’t sell product on Amazon, from an ad perspective there’s no point either. They’re frenemies.”

Sourced from DIGIDAY UK

If you want to reach people with your advertising message, what can you do?

By MediaStreet Staff Writers

While consumers use social platforms as their principal access point for information, not many people trust the content they find there. 89% of 18-64-year-olds are categorised as social skeptics when it comes to things they read that has reached them via social media. The solution? You’d better use a trusted news/information site, or you are just peeing your ad spend up a wall.

These results are according to a research conducted on behalf of Digital Content Next. The research highlights the fact that brand credibility is EVERYTHING.

“Consumers lack trust in social platform content and that it’s spilling over into their perceptions of brand sites and apps,” said Jason Kint, CEO of Digital Content Next. “While we don’t recommend that publishers walk away from the relationships they have with the platforms, we do recommend they urge the platforms to better utilise and protect trusted news and entertainment brands.”

When it comes to trust, consumers have higher expectations for brand sites and apps and expect them to be trustworthy, credible, accurate and up-to-date. Thus, brands should closely monitor trust and work to maintain it as a key differentiator in the volatile digital media marketplace.

Other findings:

  • Social automation and algorithms appear to have a negative impact with 62 percent of consumers agreeing that “there’s so much random content on social media, there’s no way to tell if an article is credible or not.”
  • A younger audience of “Social Skeptics” has emerged. Seven in 10 of these consumers choose quality brand sites for content and prefer brand sites/apps for information. In fact, 41 percent of Social Skeptics have a content subscription, which also signals a preference for premium content.
  • Brand sites build trust by delivering on key attributes, such as credibility and accuracy, which correlate highly to both trust and importance. However, there are also hidden drivers which are less obvious—but that correlate highly to trust. These include popularity, virality, and personalisation, all of which are important strategies to employ and very much a part of the algorithms of platforms.
  • “Trust as a Proxy for Brand Value” found that brand sites should incorporate four key building blocks of trust into their strategies:
    • Attribution (confirming multiple sources)
    • Reputation
    • Navigation
    • Prediction (past experiences with the brand)
  • Consumer trust in brand sites also positively impacts advertisers on the site. Higher trust in brand sites results in a trust halo effect for advertisers. Brand sites provide a significant boost in advertiser trust and positive perception compared to social media and YouTube.
  • Consumer expectations around trust are higher for brand sites and apps and they expect them to be trustworthy, credible, accurate, and up-to-date. Therefore, publishers should closely monitor trust and work to maintain it as a key differentiator in the volatile digital media marketplace.

To view the full research report, click here.

 

Because selfies.

By Mediastreet Staff Writers

A hotel company surveyed Millennials to see what they want from holidays. And it seems, they want to pose on social media and that’s just about it.

Holiday group Hotels.com commissioned a study into Millennial behaviour to best work out how to attract Millennial customers. It was conducted by One Poll in November 2017. The data they crunched was based on 9,000 respondents across 30 countries.

So were there any surprises? Not really. What do Millennials want from their holidays? It’s what we all want. To brag. And they don’t care if they are bragging to real friends or fake online friends. They just wanna brag. And most of us love looking at other people’s holidays, let’s be honest.

Whether it’s the deluxe suite, the hip hotel or the #foodporn, travel bragging has become an essential part of any trip. 30% of Millennials admit they spend over four hours a day on their mobiles whilst travelling, often more glued to the small screen than the beach scene.

When it comes to what social savvy travellers are bragging about on their trips, food snaps (44%) is up there. Travel braggers show off their #foodporn to those stuck at home with their avocado toast, posting weird and wonderful dishes from across the globe.

Being a generation of filter-loving, selfie-stick addicts, two out of three Millennials surveyed (66%) admit they would rather upload a selfie than a picture with their loved ones (62%) on holiday. Not only that, 60% of young travellers admitted to uploading pictures, checking in at cool locations (39%) and tracking the amount of interaction on their posts (32%) whilst on holiday.

The new global research has also proven the long-debated theory that romance really is dead, with 14% admitting they would rather travel with their smartphone than their partner. Travellers even get more anxious when their phone runs out of battery (15%) than if they argue with their partner on a trip (8%).

“We know that 28% of people wouldn’t enjoy their holiday without their smartphone in their hand – how could they possibly capture the best selfie or show off to their friends at home without it? Not only that, we also know that getting the perfect picture plays an even bigger role with 14% of travellers admitting they would pose anywhere for that flawless selfie, often putting selfies ahead of safety,” said Daniel Craig, VP of Mobile at Hotels.com brand. “With a third of travellers refusing to book a hotel that doesn’t offer free Wi-Fi, there is a clear demand for travellers to be connected at all times.”

 

By

Brands are the engines of the luxury market. The red-soled Louboutins, the Mulberry tree, the Ferrari horse… without them, would people still buy the products they are emblazoned on? Maybe, but certainly not as many.

Luxury has always been about signalling status. Therefore, as a concept it is always evolving as people’s ideas about what confers status change. From the opulent luxury of most of the 20th century, recent years seem to have shifted to less conspicuous forms of consumption. This presents a challenge to luxury brands. Now they not only have to emphasise their quality, but also demonstrate their credentials in other ways that will appeal to the less conspicuous luxury consumer.

Marketers have often targeted campaigns at people based on broad demographic factors – their age, their gender – but we have found a much more effective way is to connect with people through their passion points. Whether that’s football, food or fashion, if you can connect to people through one of their passions it will create a much stronger connection between them and the brand. Through connecting with these communities of shared interest, you can also have a more effective influencer strategy. Whether you work with more traditional celebrities or social media stars, by targeting a particular community of interest you can ensure your influencers feel truly relevant to your target consumer. When we worked with Breitling to launch its flagship store, we worked with celebrities that were truly relevant to its target audience, whereas when we launched Garnier Moisture Bomb we worked with everyday women as that is who was relevant for its brand and the community it wanted to talk to.

Luxury brands need to appeal to younger audiences or risk falling sales. Luxury brands can often be seen as outdated to younger generations because of product perceptions or the heritage they celebrate. We are working with Johnnie Walker to help it change perceptions of whisky as a drink that isn’t for everyone and open it up to new audiences. Delivering campaigns globally, we are helping it highlight the different ways and different occasions to drink Johnnie Walker, emphasising that it is a drink for everyone and anyone.

To recruit younger audiences, luxury brands need to respond to our changing spending habits. We are living in the experience economy. The latest figures from Barclaycard, which processes around half of all of the UK’s credit and debit transactions, show a rise of 20% in spending in pubs in April this year compared to last year, with restaurants, theatres and cinemas also seeing rises. More than ever, the experience a brand delivers is key to convincing people to part with their cash and when your product has a luxury price tag, people expect a luxury experience.

Through research we conducted for one of our luxury clients, we found that the retail experience is a particularly important part of the buying journey for luxury consumers. Across the range of different people we spoke to, most expressed a desire for a personal experience, where needs could be openly discussed, as well as a rich experience where they could learn about the brand stories and values underpinning a product. If a brand can achieve both these things they are much more likely to convert.

Every bit of the brand experience, from in-store to brand communications, online to packaging matters, is an opportunity for a luxury brand to damage its luxury reputation. Whether that’s a bad retail environment or a piece of packaging that doesn’t feel as hand crafted and special as the product it contains, it is very easy for brands to lose their luxury status in the minds of potential buyers.

Delivering a total luxury experience wherever a consumer interacts with your brand is a difficult task, but it is a must for luxury brands. Some luxury brands are embracing the experience economy already – this summer Cartier partnered with the London Design Museum to curate an exhibition called Cartier in Motion, telling the story of their unique approach to watchmaking and the evolution of the modern wristwatch. We will see more luxury brands turning to experiential marketing in the future.

Luxury is a highly emotive concept. It is all about the experience, the touch, the taste, how it makes you feel. And it is all too easy to break the luxury feel at some point in the experience a consumer has of your brand.

By

Rob Wilson is strategy and creative director at RPM.

This article was originally published in The Drum Network luxury special. You can get your hands on a copy here. To be featured in the next special focused on the charity sector, please contact [email protected].

Sourced from THEDRUM

Maryann Fasanella is an expert in law firm marketing. Here, she gives us inside marketing tricks of the trade. While she comes from a law perspective, many of these tips can be applied to marketing across several service industries.

Tip 1: Know your audience

Though it seems obvious, this tip is the crucial ingredient that is the most overlooked in any marketing strategy, not just law marketing. The idea that the widest cast captures the most is a deeply held, and equally flawed, belief. Make sure when you are constructing your plan, you are targeting those who most need your services. You cannot let fear of the one that got away drive your strategy. The best plan is one that is tailored to attract the clients that are most likely to sign on with you. Your marketing materials and strategy are the first pieces of information that many potential clients will see. With that in mind, make sure that your first impression will ensure that when they walk through that door, it will be with purpose and intent.

Tip 2: Content Content Content

“Crazy Eddie selling used cars at prices so low he must be insane” may have gotten a laugh back in the early days of television. It may have even garnered a sale or two. However, today everyone has a world of information at their fingertips 24/7. The only way to shout through the noise is through your content and message. It is vital that the content you display is relevant as well as easy to digest. If knowing your audience is the key to getting the right clients, then your content is the key for those clients getting to know you as the right firm.

There cannot be enough emphasis placed on the content of your marketing. The words and visuals that you choose to place before your potential customers should always follow your messaging. The internet has a long memory, and something that sounded good in the moment can and most times will come back to haunt you. Solid ideas and marketing will always hold up to scrutiny, and you would have to be crazy to allow anything less than the best out into the landscape.

Tip 3: Your Stop Doing List

In the Jim Collins book, Good to Great, he outlined his findings from examining companies that went from mediocre to remarkable results over a 40 year period. One of the biggest takeaways from that research was that what the companies had stopped doing was much more important to their success than what they were doing. This idea is at the core of a great marketing plan. Once you have your messaging, stop doing anything that doesn’t measurably contribute. Some things may seem like great ideas, but anything that doesn’t serve the message strips funds and momentum from everything that does.

So spend a few moments thinking about everything that you do to market your firm. Odds are there are a few that have returned questionable results. Don’t simply jettison those ideas out of hand though. Consider the value of each of them carefully. Be tough and fair, but if they don’t fit the message, then they have to go. Your marketing strategy will be all the stronger for your efforts.

Tip 4: Building Your Web

You cannot, and should not expect clients to simply walk through your doors with no effort. The effort that you place in building your web of clients extends beyond just your online presence, but in cultivating the referrals that will walk through your door. Never miss the opportunity to ask a client for a referral. You may not get one every time, but you lose nothing in asking. In today’s day of instant information, it is the collective strength of your web that will set you apart.

Tip 5: Engagement, not Visibility

People see advertising every day. However, we would argue that a good conversation will exert more influence than the flashiest, most expensive advertisement on the most heavily travelled roadway. When you look at your plan for marketing, consider that. If most of your plan revolves around passively presenting information to your potential clients, you may be spending more than you need to get the returns you want. It is the conversation that will provide the most influence, so don’t be shy about pursuing it. Join a trade association, or get involved with charity groups. If you surround yourself with clients, you are bound to raise the level of your engagement, which will translate to a better return.

Finally: Be Accountable

By using these tips, you can create a solid marketing plan that will generate returns. But don’t just pay them lip service. Discuss them, argue over them, and refine them until you are satisfied that they meet the goals of your firm. And most importantly of all, write them down! After all, if it means garnering more business coming through your doors it is well worth that extra effort to solidify it in writing.

However, the worst trap you can fall into is believing you are finished with your plan. Marketing of any variety is never complete. If your success is to be properly measured, accountability must be the ruler. The best and most carefully laid plans can and often are, decimated by excluding it. Let’s take a ludicrous example. Say that my goal is to see a sunrise and my plan is to run west until the sun cracks the horizon before me.

Now, we all know that I will never see that sunrise. It doesn’t matter how much time I put into it, nor does it hold that working harder or longer will produce my desired results. Without accountability though, I would never question that ridiculous plan. Make sure to review your plans regularly. Celebrate the successes and learn from the failures. Remember, accountability is just as important to do internally as is it externally. You would not expect to keep a client’s business if you were not accountable to them, so make sure to keep your law firm marketing plan accountable to you.

Whether the post is positive or negative, the more attention it gets, the more you will sell.

For businesses using social media, posts with high engagement have the greatest impact on customer spending. This is according to new research from the University at Buffalo School of Management.

Published in the Journal of Marketing, the study assessed social media posts for sentiment (positive, neutral or negative), popularity (engagement) and customers’ likelihood to use social media, and found the popularity of a social media post had the greatest effect on purchases.

“A neutral or even negative social media post with high engagement will impact sales more than a positive post that draws no likes, comments or shares,” says study co-author Ram Bezawada, PhD, associate professor of marketing in the UB School of Management. “This is true even among customers who say their purchase decisions are not swayed by what they read on social media.”

The researchers studied data from a large specialty retailer with multiple locations in the northeast United States. They combined data about customer participation on the company’s social media page with in-store purchases before and after the retailer’s social media engagement efforts. They also conducted a survey to determine customers’ attitudes toward technology and social media.

The study also found that businesses’ social posts significantly strengthen the effect of traditional television and email marketing efforts. When social media is combined with TV marketing, customer spending increased by 1.03 percent and cross buying by 0.84 percent. When combined with email marketing, customer spending increased by 2.02 percent and cross buying by 1.22 percent. Cross buying refers to when a customer purchases additional products or services from the same firm.

“The clear message here is that social media marketing matters, and managers should embrace it to build relationships with customers,” says Bezawada. “Developing a community with a dedicated fan base can lead to a definitive impact on revenues and profits.”

 

It seems that Facebook is trying to muscle in on YouTube territory.

By MediaStreet Staff Writers

Facebook is indirectly becoming a solid source of user-generated content, often replacing time otherwise spent viewing similar videos on YouTube.

A new report from the UXS group at Strategy Analytics has been investigating the needs, behaviours and expectations of consumers regarding video consumption. The result? While consumers look to Facebook to see what friends/family are up to and to gain information overall, videos are being increasingly consumed as a part of this experience.

According to the report:

  • Social platforms are becoming the main source of consumption of ad-hoc short-form video. Sites such as Facebook and Instagram are increasingly sources to communicate new content availability; while sites such as Snapchat, IG stories and Boomerang are leading the drive towards social video creation and sharing.
  • Socially shared and discovered ‘viral’ content not only serves as entertainment on its own but can impact an unintended direction for users and their video consumption.
  • Ongoing live video streaming and posting of temporary ‘stories’ across Facebook and Instagram are also driving users to return.

Says Christopher Dodge, report author, “Content is ‘finding’ the user within social media: consumers no longer have to search for videos themselves. Furthermore, new ‘live’ video, along with countless shared video content, is shifting behaviours and resulting in more unintended video consumption.”

Chris Schreiner, Director of Syndicated Research, UXIP, agrees. “Identifying Facebook as a solid source for video – inclusive of professional, user-generated, and ‘viral’-type videos – not only makes Facebook’s experience even more compelling for users, but also drives advertisement revenues for this platform.”

There’s plenty of ways to use facebook video to advertise products.

But will they take YouTube’s thunder? Perhaps this is wishful thinking at this point. But, stranger things have happened. We will stay tuned.