Generation Z is arriving in the marketplace. Gen Z includes young people born in the mid-1990s to early 2000s, who are now graduating and getting their first jobs. They not only make up 25.9% of the U.S. population but will account for 40% of all consumer markets in 2020, with annual purchasing power of $44 billion and growing. But wooing Gen Z will require marketers to amend their playbooks. Oberlo, an e-commerce agency, and IWCO Direct, a direct marketing agency, recently discussed Gen Z marketing challenges in blogs, with similar conclusions. First, Gen Z members have a short attention span; marketers have only about 8 seconds to capture their notice, which is even shorter than the 11 seconds required to grab the attention of the typical Millennial. This means content must be targeted, relevant, to the point and quick to engage. Second, Gen Zers have a higher number of technological devices and are constantly jumping from one device to another. While Millennials bounce between three screens at one time, Generation Z can use up to five screens at the same time. Multi-channel, multi-platform, mobile-optimized campaigns are required. Third, Gen Z young adults have strong opinions and, raised to expect personalization, demand customized experiences. They will be critical of advertising that fails to meet their standards for authenticity and meaningful interaction. For example, Gen Z members want to buy from companies that support their values; 55% of Gen Z chooses brands that are eco-friendly and socially responsible. Yet Gen Z has less brand loyalty than prior generations and is less motivated by traditional loyalty programs, although they can be wooed with interactivity, such as online games or events. And while Gen Zers are definitely social media fans, they use social platforms differently. A study by Response Media found that Gen Z favors Snapchat to showcase real-life moments, gets news from Twitter and gleans some information from Facebook, although they see Facebook as a platform for older people. Market Wired research shows that Instagram is their most popular app for brand discovery, with 45% using it to find new products. YouTube video is another way to reach Gen Z. However, direct mail marketers shouldn't assume only a digital strategy can work with Gen Z. As IWCO Direct points out, Gen Z actually finds print media more trustworthy. An MNI Targeted Media study found that 83% surveyed said they turn to printed newspapers for trusted news instead of the Internet. Gen Z does not trust information on the Internet unless it comes from a website ending in .org or .edu. In fact, since Gen Z is online so often and using multiple devices, the biggest challenge is making a lasting impression, which is where trusted print material, such as direct mail, which can be physically touched and revisited, offers an edge as part of an omnichannel campaign. For more insights, see https://www.acculist.com/is-your-direct-marketing-ready-for-gen-z/
David Kanter, President and CEO of AccuList, is a list brokerage and direct marketing expert. For more than 30 years, he has helped companies and nonprofit organizations achieve their marketing goals. With David's Direct Marketing Forum, he shares, and invites others to share, helpful direct-marketing industry news, trends, analyses, resources, and tips for success. Please read our Comment Policy.
Showing posts with label YouTube. Show all posts
Showing posts with label YouTube. Show all posts
Wednesday, September 11, 2019
Is Your Direct Marketing Ready for Generation Z?
Monday, August 19, 2019
How B2B Marketers Can Up Social-Media Lead Gen
Some business-to-business marketers shrug off social media as a consumer branding and sales channel, sticking to company page branding and PR announcements on social platforms. They are missing a lead source, argues Tessa Berg, vice president of B2B agency Tenlo, in a recent MarketingProfs post. In deciding investment in social outreach to snag leads, start by profiling your target customers and where they gather on social platforms. Here's a hint: 80% of B2B leads come from LinkedIn, compared with 13% from Twitter. That doesn't mean B2B marketers should exclusively use LinkedIn. For example, Twitter allows for more direct interaction with prospects. And with the proven effectiveness of video marketing, why not leverage platforms like YouTube and Instagram to stimulate interest via product or branding videos? Social platforms want to monetize their audiences so the reach of organic social activity has been increasingly subordinated to paid advertising. At the same time, many social platforms have improved targeting options for paid advertising. So it makes sense to pair organic actions with highly targeted paid social ads. Social tracking data will uncover important insights into which content and messaging on which social channels generate the best engagement and site traffic. Clear calls-to-action driving to owned content (website or landing page) will help capture leads better than a generic "Contact Us." Offers of engaging content, say a video on product installation or an infographic addressing a key issue such as sustainability, also help gather lead contact data, Berg adds. Don't get stuck in a rut with success, however; vary the types of ads and the content of ads deployed to avoid losing audience interest. One easy, effective way to create relationships with prospective customers is to address the questions they pose on relevant platforms such as LinkedIn, Quora, and Reddit, Berg notes. As a bonus, you will likely boost SEO and keyword rankings. Also, most B2B organizations already create presentations on industry trends, product updates, and case studies, and this content is prime for social sharing, especially on platforms such as LinkedIn SlideShare. For more, see our full website blog post at https://www.acculist.com/social-media-isnt-just-for-b2c-the-right-tactics-build-b2b-leads/
Wednesday, July 4, 2018
Performing Arts Win in Social Video Ticketing Growth
Performing arts marketers have more tools this year for reaching ticket buyers, fans and supporters via partnerships that link online ticketing and social media videos. The latest entry in the competitive social media ticketing race is Google-owned YouTube, which has partnered with Ticketmaster to show viewers upcoming U.S. tour dates and nearby concert listings on artists' YouTube videos and then allow viewers to jump directly to Ticketmaster to purchase tickets. YouTube is actually a latecomer to the social media ticketing world. Ticketmaster started promoting ticket sales on Spotify and Facebook in 2016. YouTube's end-of-2017 move is one reaction to Spotify's growth in the streaming market with integrated data and artist information. For Ticketmaster, its global roster of concerts and lock on the concert-ticket industry can only be enhanced by access to YouTube's 1.5 billion user base, driving more fans to pay Ticketmaster prices and service charges. But competitive social video ticketing is a win for performing arts promotion, too. YouTube is leveraging one of its strengths with the ticketing partnership; music videos account for 30% of all time spent on YouTube and represent 94% of the 250 most-viewed videos on the platform, per the Video Advertising Bureau. And that means performing arts promotions can look forward to generating additional ticket sales from the platform's added feature. The YouTube ticketing feature also addresses a running feud between YouTube and the recording industry. Some record labels have argued that YouTube hasn't paid enough in fees for music videos hosted on its platform, but now ticket sales will provide another revenue stream for labels to monetize and boost royalties. This kind of partnership may even help cut the sales drain from pirating since the increased ability to monetize videos via ticket sales is likely to push performing arts promotion to drive as much traffic as possible to official videos and be more proactive in flagging unofficial channels. See our website post: http://www.acculistusa.com/performing-arts-boosted-by-social-video-ticketing-partnerships/
Tuesday, December 5, 2017
Video Wins Key Place in 2018 Marketing Budgets
In supporting our digital marketing clients, AccuList USA has seen rapid growth in online video use, and a recent Forbes magazine article by John Hall, CEO of Influence & Co., cited video as one of six essential trends to include in 2018's digital marketing budget. Why? Researchers forecast that by 2020 online video will account for 80% of all consumer internet traffic. Already over 500 million people are watching video on Facebook every day. If you want a crack at that audience, you'll need to join the video world. That's especially important because video ads are not just good at promoting brand awareness and engagement; they deliver sales. Video creation service Animoto's most recent survey of 1,000 consumers and 500 marketers reinforces online video's clout: 64% of consumers say they purchase after watching branded social videos. No wonder more businesses are jumping on the video ad bandwagon and investing in paid/sponsored video as well as paying to "socialize" or promote videos. Helping the video boom is the relatively low production cost; in fact, 92% of marketers told Animoto they make videos with assets they already have. Meanwhile, a nationwide pricing survey of videographers and photographers found that the average small business marketing video cost less than $1,000 in 2015 and a medium-sized product demo video was around $2,000. Cost is not a barrier; coming up with engaging, targeted content is the challenge. So what platform will best deliver the target audience? Animoto's survey shows where consumers engage with branded videos daily: 49% on Facebook, 32% on YouTube, 24% on Instagram, 22% on Snapchat, and 22% on Twitter. Most brands hedge their bets by using multiple platforms, paying to capture eyes on YouTube and Facebook, for example. The more important goal, regardless of platform, is to optimize for mobile viewing since 84% of online video viewers watch on mobile devices--which is why 81% of marketers are optimizing their social videos for mobile viewership, per Animoto. Timing counts, too. Animoto's survey found 33% of video consumers watch during the lunch hour, 43% during the afternoon, 56% during the evening, 38% before bed, and 16% in the middle of the night. For more on online video trends, including tips on creative, see http://www.acculistusa.com/marketing-with-online-video-if-not-youre-behind-the-curve/
Thursday, August 20, 2015
2015 Retail Marketers Boost Social Media Use
Social media advertising, especially on Facebook, has moved up significantly as a favored acquisition tool of retailers, according to the recent State of Retailing Online 2015 survey conducted by Shop.org, Forrester Research Inc. and Bizrate Insights. Per a recent story by Multichannel Merchant, the survey found that 25% of retailers now cite Facebook as a top acquisition platform, although paid search and e-mail marketing still top their list of most effective channels. Among the paid social media tools, 50% of retailers said they are spending more this year than last year on paid Facebook options such as promoted posts and paid ads. YouTube came in second place among paid social choices, with 29% of retailers saying they will spend more on paid YouTube promotion, followed by Pinterest with 27% planning an increase, Twitter 22%, Instagram 20% and Snapchat 6%. For more from the survey, including trends in online marketplaces, search engine marketing and online site merchandising, see http://multichannelmerchant.com/marketing/facebook-is-the-top-acquisition-platform-for-retailers-22072015/
Tuesday, May 26, 2015
Off YouTube, Nearly Half of Web Video Ads Unseen
Video ads get great response–if they are seen. But almost half (46%) of video ads served across the Internet–excluding YouTube–will never be seen by consumers in the United States, according to a study from Google recently reported by The Drum marketing site. Viewability depends both on where an ad is served on a page and how quickly it disappears when a user scrolls. And nearly a quarter (24%) of video display ads today are scrolled off screen in less than two-seconds, according to the report, which recommends that advertisers use video players in a higher and more centrally located position on web pages. Another way to insure that video ads are seen is to go with YouTube. Google found that viewability figures massively improve when ads are served on YouTube, where over nine out of 10 will be viewable. Also, video ads are significantly more viewable on mobile devices, where 83% of ads are viewable, compared with 81% on tablet and just 53% on desktop. For the full story, read http://www.thedrum.com/news/2015/05/11/only-half-video-ads-served-across-web-will-be-seen-versus-91-youtube-says-google
Tuesday, September 23, 2014
Is Your Marketing Ready for Generation Z?
Much has been said about marketing to Millennials, but what about the next "Generation Z" of 16- to 19-year-olds just entering the marketplace? Even if you aren't in the youth market, it's time to plan for a new approach to these current and future consumers. Why? First, the so-called Generation Z makes up the largest percentage (25.9%) of the U.S. population. Second, they are different from their consumer predecessors on key marketing parameters. An infographic from Marketo, passed along by MarketingProfs, shows how. As Marketo sums up, "This generation knows the ins and outs of the Internet, shops online, and is ambitious about work." So if you want to inform Gen Z, go digital: 52% do research assignments via social media or YouTube, 33% watch lessons online, and 20% read textbooks on tablets. This is a resourceful DIY group (76% wish their hobbies would turn into full-time jobs, compared with just 50% of Millennials) characterized by self-directed, ambitious work aspirations (72% want to start their own businesses). Good news for nonprofits: Gen Z is also a cohort of do-gooders, with 76% concerned about humanity's overall impact on the planet and 60% wanting their jobs to positively affect their world. If you want to communicate with them, you'll have lots of options: Gen Z prefers to multitask with up to five screens (mobile, TV, laptop, iPod, etc.), compared with Millennials' two-screen world. But that multitasking means short attention spans, so focus on quick-read, attention-grabbing visuals since Gen Z prefers to communicate with images instead of text. Just got your Facebook marketing down pat? You'll miss the boat with many 16- to 19-year-olds: Only 23% used Facebook in 2014, down from 42% in 2012. Many have migrated to image-heavy Instagram and more privacy-oriented platforms like snapchat. For more on Gen Z consumers, go to http://www.marketingprofs.com/chirp/2014/26050/get-to-know-generation-z-marketings-next-big-audience-infographic
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