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By Vartika Kashyap  

Online marketing is a vehicle that carries your business forward and establishes a connection between your business and your customers. It envisages an emotional journey that predicts the future of your business (more often than not in today’s scenario).

Someone rightly highlighted the importance of digital marketing with these words, “Brands which fail to establish an emotional connect with the millennials will be outshone sooner or later by the ones that do.

And it is not the big brands that are making digital marketing count. It is the smarter creed of startups and small-scale enterprises that have successfully cracked the code of digital marketing.

What can you as a business learn from them? Well, here are some of the key metrics that I’ve figured out. Take a look at them, and how you can succeed at the game of digital marketing

Content marketing

In words of marketing prodigy Seth Godin – content marketing is the only marketing left.

Take a look at the trends for the past few years. You will get to see that brands that have invested in creating top quality content have managed to create powerful presence in the market.

One of the examples of effective content marketing comes in the form of Leadpages, a company that deals in designing customisable, landing page templates, and also provides testing services. Thanks to their powerful content marketing efforts, Leadpages were able to get their customer lifetime value to customer acquisition ratios quite high.

In words of the company’s CEO Clay Collins, “A content team of four people could outperform an 80+ person sales team at most companies.”

Here’s what they focused upon as part of their content marketing strategy –

  • Popularising their blog by creating beautiful, useful and compelling content
  • Spreading marketing resources such as e-books, case studies, infographics and courses
  • Conducting weekly webinars to build a community for spreading their content

And the results? Leadpages has become a multi-million dollar company, and one of the fastest growing companies in the US.

Video marketing

If we talk about the trends, video marketing ranks right up there in the present scenario. YouTube and live video streams have become the next big thing in marketing.


As per statistics, companies that leveraged video marketing to good effect were able to grow 49 percent faster than the companies that did not.

Just like content, you can leverage different types of videos in marketing. Starting from engaging and funny videos to creating tutorials – there’s a lot that you can do as part of your video marketing endeavors. And, thanks to the rise of live video streaming, it has now become easy to keep your community engaged and hooked by sharing live story videos and what not.

Lowes Home Improvement is one of the most prominent names when it comes to pocket-friendly, and successful video marketing.

Social media marketing

We don’t have a choice on whether we do social media, the question is how well we do it.” – Erik Qualman

Social media keeps us connected to the world. Over the past few years, it has become a lot more than just something that people use as a pastime. In fact, studies show that social media plays a massive role in user’s buying choice, with customers being 71 percent more likely to purchase a product based on social media referral.

As they say in the marketing world, ‘social today is not just a tick in the box, it’s bread and butter for a brand’s survival.’

The best example of cost-effective social media marketing campaign that worked really well – Know Your Lemons – Worldwide Breast Cancer! In this unique campaign, the organisation encouraged women to stay safe against breast cancer by checking their breasts regularly and looking for early physical warning signs. Using a standalone member’s page on Facebook, they were able to raise their fundraising target by 317 percent using just a smile ‘donate’ call to action.

As you can see, you don’t have to break your bank in order to succeed at social media marketing.

Search engine marketing

The good old SEO – you would have heard about it for sure. It is a mix of different practices that are used to get on top of results in search engines. How could a list of cost-effective marketing strategies be complete without SEO.

It is the oldest form of digital marketing, and still ranks right on top when you talk about getting results. With the right SEO tactics you can eventually gain limitless traffic to your website. And, it won’t cost you a dime. There are plenty of tutorials and online courses available that can help you master the art of SEO.

In fact, you can hire professional services for the same that will cost you much lesser as compared to any of the other services.

Remarketing

Lastly, we are going to focus on one area that’s fairly less discussed i.e. remarketing. Targeting users who have already visited your website, remarketing lets you tempt potential buyers who had left your website for some reason or the other.

It works based on cookies – the trail that users leave while visiting your website. With the help of these cookies, you can easily target social media accounts of users, or any other websites they visit, to display your ads and increase the chances of them getting converted.

Though it falls under paid marketing, the ROI is pretty good. Hence, you can expect to get a lot more than you are investing; making it an easy, quick way to boost your business sales with online marketing.

Do you have something more to add to this list? Share in the comments, and we’d love to know about it!

By Vartika Kashyap  

Sourced from YOURSTORY

Make sure to keep an eye out for these five social media marketing trends that are taking over the digital marketing world in the upcoming year.

Did you know that on an average, we scroll through at least 300 feet (90 meters) of content daily? Not every brand’s campaign grabs our attention. It is a difficult and competitive game, as brands are trying harder to grab our attention, while our attention span has been reduced to a mere eight seconds. Brand strategy in the coming years will try more than ever to connect with their audiences across a variety of social platforms. It becomes imperative that your campaign works, more so taking into account the speed of feed. We have curated a list of five trends that we believe will impact your social media strategy in 2018.

Adopt Chatbots

https://giphy.com/gifs/11FyVJOvLleR5S

Gone are the days when chatbots meant unresponsive, hilarious and outright ridiculous software. Today, chatbots can do a lot more than just solve customer issues or order pizza for you. Various studies state that 20% of business content could be machine generated by next year. When we teach machines how to create authentic and engaging stories, the potential for advertising and marketing will become multifold. Chatbots interact with the users and deliver the solutions that they are looking for at the speed of light. Bots are developing to become smarter and empathetic. This engagement feels personal, from the user’s perspective. Chatbots are definitely a must-try social media marketing strategy in 2018 for your business.

Momentary content makes for good engagement:

Streaks GIF - Find & Share on GIPHY

Snapchat was the early adopter of momentary content. Instagram and Facebook followed suit, owing to the huge popularity of Stories format in a short time. These content are ephemeral and disappear in 24 hours. Brands are creating a whole new digital marketing strategy for their momentary content marketing. Having your stories appear at the very top of your follower’s feed keeps your brand at the top of their mind. Many brands do a live story session with a subject matter expert. This helps the user look out for the brand more so as to not miss an informative session. Ephemeral content marketing strategy is something that you should try in 2018!

Augmented reality boom

Augmented Reality Technology GIF by Wikitude - Find & Share on GIPHY

Augmented reality blurs the line between reality and computer-generated content by enhancing what we see, and hear. The adoption of augmented reality on mobile phones is a quick and easy way for brands to reach their target audience. Many brands are taking their products right inside the homes of users through exclusive filters. IKEA has released an app called Place which allows users to preview how the furniture would look in their homes before they buy. As more people get warmed up to augmented reality, more people will start to feel like they are missing out on things and want to become a part of it. However, you would also have to check where your strategy fits. Make sure your AR adds value for the user and don’t simply create one for the sake of it.

Influencers are here to stay

Social Media Instagram GIF by Much - Find & Share on GIPHY

Influencer marketing has grown so much over the last two years that the popularity has made it difficult to know whom to trust. Consumers expect genuine reviews from genuine influencers. Brands must seek to work with relevant influencers with industry background or knowledge. Viewers are already bored of seeing brands engage popular influencers who promote teeth whitening and a mobile phone app with the same vigor. In 2018, try and create worthwhile relationships with influencers and maintain them. Influencer marketing is going to become more authentic with brands moving to real experts instead of social influencers.

Make more videos

Film Scene GIF by Alexander IRL - Find & Share on GIPHY

We are addicted to mobile phones, and we love our videos. In 2017, 90% of the most shared content on social media was in video format. If you are not using videos yet, you will have to quickly start using them and master the art of capturing the user’s attention in the first 3 seconds. Video is the quickest and the closest way you will come face to face with your target audience. As with everything, you need to have a clear strategy before creating a video. Taking advantage of Facebook Live and Instagram Live is also a smart strategy. Ensure that the video is of the highest quality and engaging. You will also have to consider making the best design and make sure to add subtitles to attract users when they are watching with sound off.

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It’s all about the reviews, so make sure yours are good.

By MediaStreet Staff Writers

More than three quarters of travellers use review sites such as Yelp and Trip Advisor to conduct research prior to booking services.

This is according to a survey conducted by The GO Group, an international ground transportation provider.

Travel GIF by Evan Hilton - Find & Share on GIPHY

The respondents were asked about site usage for accommodations, activities, events and ground transportation.

When asked about use of sites for hotels and other accommodations, 13% of respondents said they always check sites; 31% said they do so frequently, 34% said sometimes and 22% said never.

Fifteen percent said they always check sites for reviews about tours and activities; 25% and 34% said they do so frequently and sometimes, respectively. The results for checking on attractions and venues were similar were about the same.

Fewer people use review sites for ground transportation. Only 10% percent said always they did so; 23% said frequently and 40% replied sometimes.

The survey also asked how many people post on review sites. Just three percent said they always posted on the sites, nine percent do so frequently; 40% post sometimes and 26 % responded they have never posted on a review site.

“In addition to or even in lieu of obtaining information and referrals from close friends and family, more people are opting to use content generated by strangers as a guide for booking travel experiences, says John McCarthy, president, GO Group. “As reliance on online review sites continues to grow, it behooves all of us in the travel-related industries industry to regularly review and respond to posts, and monitor them for potential customer services issues.”

Angry Always Sunny GIF by It's Always Sunny in Philadelphia - Find & Share on GIPHY

The GO Group LLC is the nation’s largest airport transportation provider, offering shared rides, private vehicles, sedans, charters and tours, serving some 90 airports in North America, Mexico, the Caribbean and Europe and transporting more than 13 million passengers per year.

This study shows just how much babysitting and care you need to put into your online reviews. Like you don’t already have enough to do!

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Nearly 90% of retail marketers will increase marketing spend this year.

By MediaStreet Staff Writers

RetailMeNot has released result of a study showing how retail marketers will expand their content, use their marketing spend and what they are planning in 2018 to better engage and convert consumers.

This year, 9 in 10 retailers will increase marketing spend, and marketers will spread their increased budget almost evenly among marketing channels such as social, mobile, brand and display. This move reflects the need to ensure that every customer is receiving information in the channel of their choice. Interestingly, 93% of mid-sized retailers (between US$500 million and US$1 billion in annual revenue) are increasing their budget compared to 86% of large retailers (more than $1 billion in annual revenue) indicating an increase.

“Retail marketers are no longer thinking in channel silos. They are approaching commerce holistically with an understanding that consumers are channel-agnostic,” said Marissa Tarleton, CMO, RetailMeNot. “Delivering an experience that meets the consumer in the moment across the shopping journey will be the pathway to success for brands.”

Tackling New Trends and Challenges

While trends like virtual reality are still an exciting frontier, most retail marketers have their sights set on more realistic forward-looking trends. More than half of retail marketers surveyed believe improving mobile web checkout capabilities (52%) and offering exclusive promotions for mobile app users (51%) will positively affect sales growth in 2018. Additionally, voice-assisted shopping is an area that 39% of retail marketers plan to implement, with many retailers hoping to capitalise on increased use of smart home systems and smart speakers.

About 50% of retailers indicated they will use multi-touch attribution in order to better monitor the quality of traffic from their advertising investments. Further, retailers will become more bullish on advertising fraud as they look to ensure that their marketing is reaching the highest quality audience. More than 6 in 10 retail marketers (63%) will increase their direct media buying in 2018 in order to better monitor the quality of their traffic from advertising investments.

Holistic Approach to Increasing Sales

Retail marketers are wisely embracing mobile as a conduit for sales both on the phone and in physical retail stores. Based on our survey, retail marketers believe mobile is the key priority for positively affecting sales growth, and 72% will use mobile marketing to drive in-store sales. Further, 82% will rely on mobile marketing to drive in-app sales.

As marketers look to increase revenue in the coming year, their team structures and channel approaches will evolve to become more cross-functional. In fact, 50% of retail marketers say that their mobile marketing team falls under digital marketing within their organisation, up from 41% in 2016.

Finally, promotions continue to be top-of-mind for driving sales. Most retailers (76%) plan to increase the amount of promotions they are offering in 2018, and 86% will partner with websites and apps that focus on deals, cash back and loyalty programs.

“The convergence between physical and digital shopping will blend even further this year,” said Tarleton. “As retail shifts continue, delivering seamless shopping experiences—be it in-store or online—are critical to success.”

RetailMeNot is a savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. The company enables consumers across the globe to find hundreds of thousands of offers to save money while they shop or dine out.

 

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If you have a sales event coming up, like the end-of-season sales, then here are the tips you need to know.

By MediaStreet Staff Writers

The actual benefits of designing commercial strategies around events like America’s Black Friday or China’s Singles Day improve market platforms and strengthen the domestic economic market because it’s a great opportunity to encourage consumption and sales.

On Black Friday, for example, thousands of companies from different industries tag along with the commercial event and offer large discounts on their goods and services. However, competition is rife. An offer can lose its meaning when another company offers a better one, and what’s more, businesses must not only participate in Black Friday, but really know how to stand out and attract consumers.

So how do you as a marketer get your business to stand out?

Here are some tips from Adext. They deploy and optimise online advertising campaigns on Google, Facebook, Instagram and thousands of websites to increase the sales of SMEs that have limited resources for the activities.

1) Plan a strategy: It’s not enough to offer irresistible discounts on events like Black Friday… You need a promotion strategy with a clear action plan and execution dates. You must be clear on what discounts and incentives you’ll promote, how you’re going to put them across, the digital platforms you’ll use, who you’ll target, when and why. The what, how, where, when and why questions are key to developing any action plan. Come up with answers to them while always keeping the goal you want to achieve in mind. In this case, it’s sales.

2) Research your competition and make sure to offer something really attractive: You could offer a 10% discount, but if your main competitor offers 25%… You can imagine the outcome. If you want to take the lead, look at what they’re doing and ask yourself how you can beat their discount and/or add more value (without affecting your profit margins). You could give your prospects something of value like a gift for their loyalty, or an extra incentive for them to buy more. Also, don’t forget to let your imagination roam and build your offer or promotion around a creative concept.

3) Build Anticipation: Teaser campaigns are wonderful for building your target audience’s curiosity. Don’t reveal your discounts, offers or incentives too soon… Let your prospects discover what they are as anticipation builds. They should be interested and intrigued to find out what you’ll offer them on your sales event day. There are several examples of clever, catchy strategies where they invite their prospects to go to Snapchat to discover what the 10 star products reduced to €10 are.

4) Send your prospects emails: You can send a few emails before the big sales day (to build anticipation), and other reminders before the day arrives.

Here are three tips to make your email marketing campaign a success:

  • Make sure to add an attention-grabbing title or subject line to your email. An email subject line you see all the time, like “Check out our discounts!” will go unnoticed. But if you can entice the reader with something like “I don’t want to freak you out, but you’ll regret it if you don’t take advantage of this” will definitely pique their curiosity and make your open rates go up.
  • Once they open your email, there must be something of interest for them to look at and read… The body of the email must be pleasant to look at, and easy to read and scan. Use short paragraphs, bold letters, headlines, subtitles, vignettes, images, and of course: good copywriting.
  • Add a CTA (Call-To-Action), where you specify what you want the reader to do once they’ve read your email. For example, you might write: “Our discounted products will be available in store until we’re out of stock. We’ll be ready to serve you when you arrive” or “Buy your Christmas gifts NOW and make sure you don’t get burned in January”. This action-oriented copy should stand out on the page. And if you have an online store, add a link to it.

5) Take advantage of the power of social networks: There is no doubt that you need to be where consumers spend most of their time. Where’s that? In this digital world, it’s on social media. Join the conversation and interact with your audience. Include the most relevant hashtags (e.g. #Black Friday or #SinglesDay or #Summersales) on your posts, so that prospects looking for discounts and deals can easily find you.

6) Let digital advertising bring you the clients you need: Digital advertising no longer has to be complicated. And it can give you the results you’re hoping for. Adext is the first Artificial Intelligence platform in the digital advertising space that can automate the entire process of creating, managing and optimising your ad campaigns on Google, Facebook and Instagram.

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The new study highlights that the huge economic impact is just “tip of the iceberg” with independent creators.

By MediaStreet Staff Writers

So here it is, another study from the USA about the power of the new economy. While it doesn’t feature what Europeans are doing, we can use the information to see just how fast the new creative economy is moving. Put it this way: that horse has bolted.

The new report released by the Re:Create Coalition finds that 14.8 million independent, American creators earned a baseline of almost $6 billion from posting their music, videos, art, crafts and other works online in 2016. The research is only a snapshot of the entire New Creative Economy, analysing just some of the biggest online platforms: Amazon Publishing, eBay, Etsy, Instagram, Shapeways, Tumblr, Twitch, WordPress and YouTube.

Despite the study being conducted in the USA, YouTube’s top earner is British. Daniel Middleton (DanTDM) brought in $16.5 million in 2017 alone. 26-year-old Dan, otherwise known as TheDiamondMinecart, posts daily reviews and gameplay videos plus some other silliness that kids love.

“Before the internet, a creator was forced to rely on traditional gatekeepers like movie studios and the recording industry to be successful. Today, anyone with a creative idea and a wifi signal can be successful and make money on the internet, reaching millions of people around the globe almost instantly,” said Re:Create Executive Director Joshua Lamel. “This analysis is just the tip of the iceberg when it comes to understanding the full economic impact of the New Creative Economy. However, its findings demonstrate that millions of Americans rely on the balanced copyright policies that support internet platforms like YouTube, Instagram and Etsy in order to earn billions of dollars from their creative work.”

Selena Gomez is the number one person on Instagram, with close to 70 million followers, more than any other celebrity.

Said study author Dr. Robert Shapiro, “The development of this multi-million user network and multi-billion dollar ecosystem for independent new creators reflects the power of the internet. Even with these highly conservative estimates, this study demonstrates the economic power of the new creative economy and its enormous potential for continued growth.”

For each platform, only a single component of how users can earn income was studied, due to limited public data and insufficient information. Independent creators earn billions of dollars each year online through website ads, sponsorship/influencer compensation, social media traffic, direct sales and other methods, but this study analysed only one revenue-sharing model per platform.

For the full report is here.

 

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If you are marketing anything in the tourism game, this is what you need to know.

By MediaStreet Staff Writers

For those that are lucky enough to get away on holiday or go on an extended travel stint, we can predict what actvities you might be doing after a new study has been published by Hotels.com

The company have used a data-crunching bot to track what people are hashtagging the most on their sojourns. More than five million brags globally were analysed using a combination of Tweet data, Instagram posts and travel keywords and destinations mentioned on other social media. So here are the results.

Worldwide travellers are all about the culture: they enjoy musing around museums (300,000 brags), old-town charm (170,000 brags) and a spot of sunshine (130,000 brags), but they can also be found in floating restaurants, erotic museums and night markets.

TOP 10 GLOBAL THEMES

  1. Museum
  2. Rooftop bar
  3. Old Town
  4. Modern Art
  5. Opera
  6. Sunshine
  7. Olympic Games
  8. Cathedral
  9. Gallery
  10. Ballet

This travel bragging trend echoes the findings from the recent Hotels.com Mobile Travel Tracker report, which revealed that one in six travellers search social media before their trip to plan the photos they’ll take. And 56% of people surveyed admit to spending more than an hour a day on their smartphones while on holiday.

While travellers naturally brag about taking in the tourist hotspots and cultural offerings, more people than ever are sharing foodie ‘grams, shopping stories and luxe posts.

#Foodporn
You’re never more than an Insta-scroll away from #FoodPorn and the brag lists are brimming with culinary treats. Cakes in Stockholm and curry in Toronto spice up the brag lists, and New York steak and pizza both made the cut. Perhaps more surprisingly, enchiladas proved twice as popular as modern art in Mexico City, ice cream scooped 10% of all San Francisco brags and Jumbo Kingdom floating restaurant in Hong Kong took second place in the Hong Kong chart with more than 20,000 brags.

Shop ’til you drop
Shopping is a must-do for most travellers. Those visiting Paris brag more about the Rue Vieille du Temple, famous for its boutiques, than Le Louvre! Other top shop-spots included Bal Harbour in Miami, the Harbour City mall in Hong Kong, vintage shops in Melbourne and the stylish Cecile Copenhagen fashion brand made the Danish capital’s top 10.

Five-star luxury
When travellers check into a posh, luxury hotel they naturally want the world to know. The stunning 5-star Ritz Carlton in San Francisco topped the city’s brag list, the Four Seasons in Singapore proved brag-worthy and the Park Hyatt came in at number one in Seoul – most likely for its awe-inspiring rooftop pool.

Scott Ludwig at Hotels.com said, “Bragging about your travel experiences on social media has become the norm – if you didn’t get social kudos out of it, it didn’t happen!”

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Now? Fashion brands are meeting with social media influencers directly.

By MediaStreet Staff Writers

Hundreds of NY Fashion Week influencers were invited to a party specifically held to put them in front of brands that want some of the spotlight. The party was held by a company called Influence, which connects brands and influencers. Together, they create social campaigns that expand visibility and engage new audiences for brands. The influencer gets paid, and the brands get to reach audiences that they might not be able to access using other methods. Welcome to the “now” of fashion and brand marketing.

Influence is a sister company to the already-successful operation called Newswire. Newswire currently have an online portal that publishes thousands of press releases every day. Journalists and influencers can go straight to company news, by keyword or subject search. This means that they can get their news directly from the companies, rather than have the interaction brokered through a PR agency. This renders the traditional PR agency almost obsolete.

The way the PR industry is changing is similar to the way that fashion magazines are going. Teen magazines and fashion publications are no longer the huge, powerful entities that brokered deals between brands/fashion houses and their audiences. Now, it is the online fashion influencers who have huge sway with their fans, and brands can contact them directly. This circumvents the hugely expensive fashion magazines, whose circulations are falling dramatically.

As an example, a top YouTube fashion influencer is Chriselle Lim. Her channel is growing at a breakneck pace. Her videos reveal how to transform basic pieces of clothing into stylish apparel. Chriselle has support from global brands such as Target and Estee Lauder.

The change in the way brands and fashion are marketed has been incredibly rapid. Fashion magazines? Pah. Now Facebook, Instagram, Twitter and YouTube are the place to put brand marketing spend.

But back to the party. The event hosted hundreds of NY Fashion Week Influencers at Manhattan’s chic Sixty Soho Hotel. Influencers and brands from across the globe arrived to share in networking and developing opportunities for campaign partnerships that strengthen an Influencer’s channel and widen content reach for brands. The party was also used to promote Influence.com itself. And it worked, because here you are, reading about this new company.

Said Director of Influencer Marketing, Magnolia Sevenler, “Whether you are an influencer or marketer, the Influence by Newswire platform provides a community to build your campaigns.”

According to Sevenler, the platform has been well-received from both marketers and creators for its simplicity and reach. “It’s exciting to see all the positive feedback…as we enter a new era of marketing, where micro-influencers can be rewarded for their passions and brands can reach new untapped audiences.”

The company has plans to expand its network and add additional features to enhance users’ experience. And it is doing this all because the fashion magazine industry is destined for a papery grave. It’s time to move on, people, and bring your marketing spend with you.

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Keep this in mind if you are marketing sexy products.

By MediaStreet Staff Writers

What does a company that makes sex products do for their annual Valentine’s sales push? They do a survey, to find out how best to market to their customers. And here are the results.

Valentine’s Day, it seems, is starting to suck for everyone. Singles have made it their own anti-holiday, full of memes and proclamations about the commercialisation of the day. But what about couples? Is it all it’s really cracked up to be?

A company called K-Y undertook a survey to find out how to best market their sex products to customers. And it makes for depressing reading. What was once thought to be a romantic and sexy day has become an experience full of pressure and hype. Pressure to buy the right card, pick the sexiest lingerie and have the most mind-blowing sex of your life – and you only have one day to make it all happen.

According to the Love All 365 survey, half of Millennials feel they are missing out if they don’t have sex on Valentine’s Day, but more than 60% of them report that the sex doesn’t live up to the hype. That’s a lot of lead up for a big letdown.

The survey further illuminates the Valentine’s Day tension by revealing that while 82% of people are more likely to have sex with their partner on Valentine’s Day, 83% report that sex is best when it’s impulsive versus planned. Preparing for sex at Valentine’s Day is certainly a faux pas many couples are guilty of committing in spite of the fact that, as the statistics affirm, our preference is for spontaneity.

The good news is that 97% of couples report that having good sex with their partners makes them feel more connected.

“We don’t want couples saving their ‘sexy’ for special occasions, when great sex can and should happen any day of the year,” said Nadja Korner, Marketing Director of K-Y. “Good sex helps strengthen the relationship, so instead of putting all your romantic energy into nights like Valentine’s Day, surprise your partner with that special sexy something on an unexpected night. After all, the essence of pleasure is spontaneity.”

So if you are creating an advertising campaign using a sexy theme, keep the idea of spontaneous sex in mind. Especially if you are targeting Millennials. ■

 

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Not all “likes” are equal.

By MediaStreet Staff Writers

While the trusty “like” button is still the most popular way to signal approval for Facebook posts, a computer model may help users and businesses navigate the increasingly complicated way people are expressing how they feel on social media.

In a study, researchers developed a social emotion mining computer model that one day could be used to better predict people’s emotional reactions to Facebook posts, said Jason Zhang, a research assistant in Penn State’s College of Information Sciences and Technology. While Facebook once featured only one official emoticon reaction – the like button – the social media site added five more buttons – love, haha, wow, sad and angry – in early 2016.

“We want to understand the user’s reactions behind these clicks on the emoticons by modelling the problem as the ranking problem – given a Facebook post, can an algorithm predict the right ordering among six emoticons in terms of votes?” said Zhang. “But, what we found out was that existing solutions predict the user’s emotions and their rankings poorly in some times.”

Zhang added that merely counting clicks fails to acknowledge that some emoticons are less likely to be clicked than others, which is called the imbalance issue. For example, users tend to click the like button the most because it signals a positive interaction and it is also the default emoticon on Facebook.

“When we post something on Facebook, our friends tend to click the positive reactions, usually love, haha, or, simply, like, but they’ll seldom click angry,” said Zhang. “And this causes the severe imbalance issue.”

For social media managers and advertisers, who spend billions buying Facebook advertisements each year, this imbalance may skew their analysis on how their content is actually performing on Facebook, said Dongwon Lee, associate professor of information sciences and technology. The new model – which they call robust label ranking, or ROAR – could lead to better analytic packages for social media analysts and researchers.

“A lot of the commercial advertisements on Facebook are driven by likes,” said Lee. “Eventually, if we can predict these emoticons more accurately using six emoticons, we can build a better model that can discern more precise distribution of emotions in the social platforms with only one emoticon – like – such as on Facebook before 2016. This is a step in the direction of creating a model that could tell, for instance, that a Facebook posting made in 2015 with a million likes in fact consists only 80 percent likes and 20 percent angry. If such a precise understanding on social emotions is possible, that may impact how you advertise.”

The researchers used an AI technique called “supervised machine learning” to evaluate their newly-developed solution. In this study, the researchers trained the model using four Facebook post data sets including public posts from ordinary users, the New York Times, the Wall Street Journal and the Washington Post, and showed that their solution significantly outperformed existing solutions. All four sets of data were analysed after Facebook introduced the six emoticons in 2016.

The researchers suggest future research may explore the multiple meanings for liking a post.

“Coming up with right taxonomy for the meanings of like is another step in the research,” said Lee. “When you click on the like button, you could really be signalling several emotions – maybe you agree with it, or you’re adding your support, or you just like it.”

And we as marketers know, the more you understand how your market feels, the better you can tailor your advertising to them.

 

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