Museum marketers can take heart from a number of trends that are boosting their appeals to visitors and donors, according to a recent report on the museum industry from ticketing solutions provider Acme Technologies. Demographics favor museum marketers, for example. The baby-boomer generation, the most populous generation still living today, is made up of the most loyal frequenters of museums and galleries among generations, while data shows the tech-savvy millennial generation, which demands interactivity, is being wooed by modern museums' innovative tech and design. Museum appeals are even benefiting from our contentious politics as conflicting media, heated partisanship, and rapid social change drive the public to seek out museums as safeguards of knowledge, culture, and history. Finally, technology trends are transforming museums into efficient institutions using novel and interactive solutions to improve visitor experiences, with digital systems integration, VR, and greater disabled accessibility for example. The Acme report notes a number of tactics that will help museum marketers leverage those trends. For one, galleries, zoos and other foundations can integrate traditional displays with innovative tools that allow audiences to experience collections in new ways. For example, the Netherlands' Van Gogh Museum in Amsterdam is using Virtual Reality to provide a unique view of the famous painter’s works, while the Cleveland Museum offers a digital map that visitors can access via their smartphones to navigate exhibits. Social media is another boon for savvy marketers, such as making Instagrammable selfies intentional features in museum tours. An example is a San Francisco Museum of Modern Art's interactive hit with an artwork that encourages visitors to snap a selfie with their head in a freezer, and tag the museum in the resulting Instagram post. Finally, data analytics offer insight into museum-goer trends for strategies that widen audiences and increase donations. The report cites the example of The Reina Sofia Museum in Madrid, Spain, which hired data analytics provider Synergic Partners to analyze tourist visitation trends for a special Picasso exhibit. Information gathered showed the most common nationalities of visitors, and allowed the museum to better cater to them. For more marketing ideas, see our website blog post at https://www.acculist.com/positive-industry-trends-buoy-museum-marketing/
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 generational marketing. Show all posts
Showing posts with label generational marketing. Show all posts
Tuesday, October 8, 2019
Wednesday, September 11, 2019
Is Your Direct Marketing Ready for Generation Z?
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/
Wednesday, May 8, 2019
Latest Data Proves Direct Mail Is Alive & Well
Some marketers theorize that "direct mail is dead" about as often as "Game of Thrones" fans theorize about the fate of favorite characters. So for all current and future direct mail marketers, here is the latest proof that direct mail is alive and well, and still a key direct marketing tool. For example, the U.S. Postal Service reports that revenue for the first quarter of fiscal 2019 (October-December 2018) was up 2.9% to a $19.7 billion total over the same prior-year quarter. A decline in First Class Mail dollars and volume was more than offset by Marketing Mail’s 4.9% increase in revenue, up by $218 billion, and 4.8% bump in volume, up by 1 billion pieces, combined with Shipping and Packaging revenue growth of 8.7%, up by $516 million, and a 5.4% volume bump, up by 93 million pieces. Why is direct mail still thriving in a digital age? We’ve reported it before, but it bears repeating: The 2018 DMA/ANA Response Rate Report shows an average direct mail response rate of 9% for house lists and 5% for prospect lists, stellar rates compared with response rates of 1% or less for e-mail, social media, paid search and display ads. In fact, lower mailbox volumes actually have helped turbocharge mail response in an era of digital promotional bombardment. Consider that, each day, an average of 107 e-mails per person are received globally and an average 63 ads per person are viewed, but only an average of two pieces of mail are received per person. It’s clear which channel gets the audience attention and why 75% of households read or scan their direct mail ad materials daily, per a USPS 2016 study. Not only was direct mail the top purchase influencer among Baby Boomers, per a 2015 MarketingCharts study, but even younger, digitally addicted generations are fans of direct mail. According to USPS studies, 77% of Millennials pay attention to direct mail advertising, 90% think direct mail advertising is reliable, 57% have made purchases based on direct mail offers, and 87% of Millennials say they like receiving direct mail. Direct mail works for an even younger group of consumers as well: 69% of 18- to 24-year-olds prefer reading print and paper communications over reading from a digital screen, per paper-producer Sappi. Direct mail work so well across generations of consumers because it has some key advantages. In an age when trust in advertising is at a minimum, 76% of consumers say they trust direct mail when they want to make a purchase decision, and trust it more than digital channels, per a 2016 Marketing Sherpa study. Direct mail is also more engaging, memorable and persuasive, per neuroscience studies. In fact, a 2015 Canada Post neuroscience study of direct mail found that direct mail’s motivation response, its persuasive power, is 20% higher than digital media’s motivation response. Finally, direct mail can harness multi-channel databases to machine learning/AI, variable data printing and behavior-based triggers to produce timely, highly personalized messaging. For more, see our onsite blog post at https://www.acculist.com/latest-data-shows-direct-mail-is-still-alive-well-and-effective/
Thursday, March 7, 2019
Fundraising Challenged by Gen Z, E-mail, AI
For nonprofit fundraising, 2019 will be another challenging year. Successful direct marketers will need to adapt to changes in demographics, technology and donor targeting, to name just a few trends recently cited by the Donorbox Nonprofit Blog. For example, Donorbox is sounding the alert ahead of the next demographic wave. While the Millennial generation is still the biggest cohort in the workforce, Gen Z is arriving. Born after 1996, they now make up an estimated 27% of the population and will account for 40% of all consumers by 2020. How are they different? The "2017 Global Trends in Giving Report" found that Gen Z members are interested in giving to many different causes, especially those involving youth, animals and human services. But to win the attention of these digital natives, messaging must be concise and engaging, offering an immediate experience that cuts through the marketing noise they routinely filter out. Gen Z is also the first mobile-only generation, so website, e-mail and donation forms must all be optimized for mobile. Meanwhile, remember that today's donors expect a personalized, targeted approach that takes into account demographics, giving history, etc. That means segmenting donor and prospect lists for specialized messaging to account for generational differences and other demographics. It means tailoring the "ask" to the prospective donor's income and giving history. It means refining giving/donation pages to highlight projects and wording that will resonate with the target donor group. E-mail is a channel that can be easily personalized, and despite its recent bad rap, a revisit of e-mail strategy is worthwhile. Research shows that donors willing to donate through e-mail rose from just 6% in 2012 to 28% in 2018. Second, low-cost e-mail has an ROI of 122%, much higher than direct mail, social media and paid search. Finally, fundraisers need to make more use of Artificial Intelligence (AI), perhaps by creating a chatbot to interact via messaging services like Facebook Messenger, Slack, Telegram, etc. to handle donations, register members and distribute information about programs and services. AI also can personalize donor journeys based on real-time behavior to encourage contributions and can weaponize data for more cost-effective donor development. For example, a donor's giving and volunteering history, event attendance, affiliations, relationships, and data from wealth screening tools can all be analyzed to predict a potential donor’s likelihood to give a major gift. For more, see our website blog at https://www.acculistusa.com/fundraising-challenges-include-gen-z-e-mail-ai/
Wednesday, September 26, 2018
Market Trends Bolster Food Gifting Growth
One of AccuList USA's areas of specialization is the food and wine gift market, so we keep an eye on emerging trends. In fact, food gift sales will approach $20 billion in 2018, up 4% over last year, per the “Food Gifting in the U.S.: Consumer and Corporate” report for 2018-2020 by research firm Packaged Facts. Marketing dollars will naturally focus on year-end sales, since, while consumers and businesses are giving food baskets across a wider variety of occasions today, Christmas is still the food and wine gifting mainstay. More than half of the 130 million consumer food gifters purchasing in the last 12 months bought during the winter holiday season. So how can food gift marketers keep overall sales growth going strong? One key factor will be continued innovation that creates exclusivity and artisanship, avoiding the commoditization that drains profit with discounting, notes the report. To support that kind of brand power, marketing efforts will need to embrace the kind of story telling that creates a sense of authenticity and uniqueness and builds a gourmet brand image. Food gift marketers also need to continue expanding gifting occasions beyond holidays, not only for consumers but also for the lucrative corporate market, by pushing work anniversary and thank-you gestures as examples. Finally, while the food gifting market is heavily dependent on older, high-income consumers, tapping into millennials will require a more omnichannel approach that takes into account millennial ordering preferences, stresses the Packaged Facts report. An omnichannel wooing of millennials will combine direct mail/catalogs with e-mail, social media and e-commerce strategies. While traditional direct mail continues as a workhorse, a strong online presence and SEO strategy is especially essential. Luxury biscuit gift company Biscuiteers provides an example of how it matters: The company increased their website traffic from new customers by 90% and SEO revenue by 77% in 6 months by optimizing category landing pages for different types of food gift buyer and season. E-commerce goes hand-in-hand with a good e-mail strategy. For example, the venerable Hickory Farms brand decided to improve the quality of its customer data and create a more agile e-mail campaign process to trigger consumer journeys and automated e-mail sends. E-mail inbox placement this year rose to 94%, almost 10% above industry standard, plus e-mail list growth improved. Hickory Farms CMO Judy Ransford explained to CMO magazine that the smarter list management "helps us deliver e-mails at the frequency customers want, and to make sure the content quality is better. This year we’ve seen a huge improvement and not such high attrition rates as a result." Social media also has become a must-have for food gifting via leading platforms like Facebook and Instagram for consumers and LinkedIn for corporate prospecting. For more, including Top Ten Reviews' ratings of the best gift baskets of 2018, see the full post at http://www.acculistusa.com/new-marketing-trends-bolster-food-gifting-growth/
Wednesday, February 21, 2018
Millennials Reshape Event Success Strategies
As the millennial cohort expands event attendance, trade show and conference marketers and performing arts marketers are beginning to change their targeting, messaging and event planning strategies to cater to a demographic that demands technological multi-channel savvy, interest-specific targeting and experiential interactivity. A recent post by UK-based Conference News highlights strategies that event professionals can adopt to woo the millennial audience. While millennials are known for their social media, mobile-phone-addicted personae, studies show that these digital preferences can actually fuel greater live event interest; Conference News cites one survey showing 73% of millennials consider live event attendance as a way to express their beliefs and personality online. But it also means that event planners need to take cues from their digital experiences. Since millennials flock to online platforms that offer a nexus of various interests and connectivity, an event that focuses too narrowly can misfire. Conference News argues for a "multi-faceted event" and cites North Carolina's Moogfest as an example. Moogfest is primarily a music festival, but, in 2016, it added a stage for workshops, installations and discussions of the current political climate. By combining art, activism, food/drink, and activities in one place, it addressed attendees' multiple passions and created more social media fodder and buzz at the same time. Meeting the millennial demand for a multi-faceted event experience can also require going beyond hotel conference rooms and exhibit spaces. In 2017, the demand for non-traditional spaces rose by 3.8%, notes the article. Millennials are technically savvy and expect technically savvy event support. The Conference News article cites three event technology ideas likely to gain ground this year: 1) RFID (radio-frequency identification) wristbands can speed up entry lines and allow purchases without cash or cards; 2) Mobile Event Apps can let attendees craft customized experiences via eased navigation, personalized schedules, push notifications about upcoming activities, and social sharing with other attendees; and 3) Artificial Intelligence (AI) can use chat bots to answer attendee questions and, in coordination with social-media-based event app info, generate personalized on-site recommendations. See the full post at http://www.acculistusa.com/millennial-attendees-reshape-event-success-strategies/
Tuesday, August 29, 2017
Digital Giving Now Key to Fundraising Mail Success
Here are some key facts for marketers planning fundraising direct mail: 1) 35% of all donors say they like to respond to direct mail by giving online (with 50% of Millennials and Gen Xers saying they prefer online response); 2) 51% of website visits are made via mobile device, and 3) mobile devices are now used by the majority to read e-mail (54% of opens) and access social networks (80% of social time spent). Bottom line, if you want to get the most from your nonprofit direct mail (still the best channel for capturing donor dollars), a multi-channel, mobile-optimized approach is essential. On that point, MobileCause has developed a powerful infographic laying out the case for a nonprofit direct mail-digital marriage. Unfortunately, many fundraisers fail to make an easy connection between direct mail and online response, and are discouraging donations as a result. As the infographic points out, 84% of donation pages are not mobile-friendly, 73% of nonprofits do not offer social sharing, and 65% of nonprofits require three or more digital clicks to donate. At the same time, the infographic data highlight ways to correct that digital lacuna in fundraising direct mail. First, commit to making direct mail part of a multi-channel campaign--because donors are 50% more likely to give when they receive multiple reinforcing messages via multiple channels. Fundraisers can even optimize response by catering to generational preferences: Millennials like text reminders, Gen Xers like e-mail reminders and Boomers like call reminders. But for goodness sake, mobile-optimize e-mails, landing pages and donation pages! Then maximize donations by promoting QR codes, shortlinks and texting keywords across channels (and let the U.S. Postal Service reward that mailer QR code with a discount). For more tips, go to http://www.acculistusa.com/use-digital-donation-to-turbocharge-fundraising-direct-mail/
Tuesday, June 20, 2017
Smart Marketers Cater to Millennial Direct Mail Fans
Remember when marketing gurus were calling direct mail "dead," drowned by a wave of digital, mobile, and social technologies? Well, research keeps resurrecting mail from its low-tech tomb. In fact, recent studies find that Millennials--the 22- to 36-year-old, tech-savvy generation supposedly addicted to mobile devices and digital networking--are bigger fans of direct mail than older generations in some ways! For example, a recent study by InfoTrends and Prinova found that response rates for direct mail remain high for all demographics, including Millennials, who open direct mail received at the same high rate of 66% as recipients overall. More significantly, Milennials as a group respond faster to mail--within 2.4 months--which is less than the average response time for all respondents. Plus, the InfoTrends research found that a big 63% of Millennials who responded to a direct mail piece within that three-month period actually made a purchase! Along similar lines, the U.S. Postal Service (USPS) and the American Association of Political Consultants (AAPC) conducted a survey on direct mail's political impact on Millennials and found that at least 42% of Millennials prefer direct mail political ads over online ads, and that Millennials are more likely to be prompted to action by mail, with 66% likely to research the candidate and 54% visiting the candidate’s website after receiving mail. However, research also shows that all mail pieces are not created equal. Mailings that resonate best with Millennials are targeted and personalized, per research. Luckily, sophisticated targeting and personalization are possible with today's variable printing, programmatic and automation programs, and database segmentation and analytics. Millennials demand printing quality as well, with one quarter of surveyed 25- to 34-year-olds saying they opened direct mail because of the print and image quality. Plus, engaging copy counts, with 25% of that same surveyed group saying they consider reading direct mail a leisure activity. That doesn't mean that printed mail can be divorced from Millennials' digital lifestyle. Data in eMarketer's survey report “US Millennial Shoppers 2017” shows that Millennials prefer digital shopping and are comfortable with mobile shopping, which means that integrating print and digital--via QR, AR, or PURL--can significantly boost response. For more detail, go to http://www.acculistusa.com/marketers-win-by-catering-to-millennial-direct-mail-fans/
Monday, May 22, 2017
Fundraisers Face Challenges Wooing Millennials
Millennials, now the nation's largest generational cohort, are a challenge for many nonprofit marketers. Alas, fundraising campaigns that won over baby boomers don't necessarily succeed with millennials in their 20s and 30s. Yet fundraisers can't afford to fail with this younger age group. A recent NonProfit PRO interview with Vickie Lobello, fundraising consultant Turnkey’s lead strategist, offered data points that explain why. Lobello cites research, from Salesforce to Millennial Impact reports, verifying that millennials want to make a difference and so form a great pool of prospective volunteers. For example, 88% of millennial females and 82% of millennial males say that it's important to be engaged in work that gives back to the community. A Pew Research Center survey found that 57% of millennials reported volunteering in the last 12 months, compared with 52% of boomers. Even more important for marketers, millennials are a growing donor force. Lobello points out that 52% of millennials say they donated to a cause affiliated with a social issue in the past month. Plus, millennials are more likely to increase their giving year-over-year compared with other age groups! Finally, Lobello underscores that millennials offer potent social media leverage. Research shows 61% of millennials post about issues they care about anywhere from one to 11 times a week on social media! Yet millennials are motivated in different ways from their parents. Messaging, creative and preferred giving channels need to reflect that reality. Randy Hawthorne, executive director of Nonprofit Hub, recently drew on his experience to outline changes in fundraising tactics to successfully win millennials. For example, since millennials spend so much time connected to social media, Hawthorne urges promoting the cause (not the organization) on social platforms. Also, since millennials seek relationships, marketers should realize that a cold ask for dollars may be a turn-off, and should also offer ways for millennials to engage more deeply with a cause, such as volunteering (which leads to donating). Fundraisers also must cater to millennials' impulsive use of technology by offering easy online and mobile donation options. Then maintaining that valuable millennial engagement requires frequent, meaningful communication, not just an annual report! Read our full post at http://www.acculistusa.com/fundraisers-face-the-challenge-of-wooing-millennial-donors/
Thursday, November 5, 2015
Direct Mail Still Key Insurance Acquisition Tool
In providing targeted lead lists to insurance marketers, we've seen the continued acquisition power of direct mail over the years, so it's nice to find an Insurance Journal article supporting our experience. Speaking to independent property and casualty insurance agents (but with arguments that apply to mailings for other insurance types), author Michelle Peel of IWCO Direct printing, cites four key reasons direct mail should be part of customer acquisition plans. No. 1, statistics show that consumers prefer direct mail for branded promotions, she notes, citing Experian's 2012 Channel Preference Study finding that 73% of Americans prefer direct mail for brand communications. And that preference extends across generations to include millennials, with 57% of younger buyers saying they have made a purchase as a result of a direct mail offer. Direct mail acquisition also continues to have a higher response rate than digital channels such as e-mail, per the latest Direct Marketing Association (DMA) data (1% for mail prospecting compared with 0.1% for e-mail). No. 2, creating the relevant, personalized and timely messaging that makes direct mail succeed is easier than ever with online marketing tools and templates from many insurance providers and, we would add, variable data printing to fill rental list data into custom-targeted, personalized creative. No. 3, the U.S. Postal Service is on the side of direct mailers and continues to develop products such as Every Door Direct Mail for blanket area coverage, as well as print-to-digital technology promotions of Quick Response (QR) code and Augmented Reality (AR) use. No. 4, direct mail drives traffic to online channels, too; Peel cites DMA data that 44% of mail recipients visit the company website, 34% search for the company online, and 26% save the mailer for future reference. Of course, using personalized urls (PURLs), QR codes and AR will further help boost online traffic. See http://www.insurancejournal.com/magazines/features/2015/03/09/359395.htm
Thursday, September 24, 2015
Online Content Can Fall Through Generation Gaps
Online content marketing risks slipping through some surprise generation gaps, according to the latest study from Fractl and BuzzStream of digital content consumption by Millennial, Generation X and Baby Boom age cohorts. As reported recently by MarketingProfs, the study found that each generation's online consumption habits differ in terms of quantity consumed, timing, and device preferences. It turns out that online content viewing skews older, for example. Baby Boomers (those born 1946-1964) spend more time online than the younger generations; a quarter of Boomers say they spend 20 or more hours each week consuming online content, while the largest shares (22% each) of Gen Xers (born 1965-1976) and Millennials (born 1977-1995) spend only 5-10 hours per week with online content. Marketers may also want to think about online promotional timing: Boomers tend to consume online content during the work week, while more Millennials save online content viewing for weekends, and Gen Xers fall in between in terms of consumption timing. When it comes to devices, Boomers prefer to use a laptop (43%) or tablet (40%), while the younger Millennials tilt toward mobile devices as primary online viewing tools (25%). Indeed, of people using mobile devices as the primary way to view content, over half (52%) are Millennials. Marketers aiming for younger prospects better make mobile optimization of online content a priority. At least when it comes to content length, the generations agree: 300 words is ideal. For more details from the study, read the MarketingProfs article: http://www.marketingprofs.com/charts/2015/28460/generation-gap-online-content-consumption-and-age
Thursday, April 23, 2015
B2B Buying Differs for Millennials, Gen X, Boomers
If you want your business-to-business marketing to work across generations, you may need to change things up. Millennial buyers are distinctly different from previous generations, namely Gen X and Baby Boomer purchasers, in their B2B buying preferences, according to a MarketingProfs report of recent IBM research. IBM analyzed data from a survey of 704 people who influence or are responsible for B2B purchasing decisions of $10,000 or more for companies in 12 countries and 6 industries. The study found that, when researching products and services, Millennials (born 1980-1993) want to interact directly with vendors' representatives far more than Gen X (born 1965-1979) or Baby Boomers (born 1954-1964). Gen X buyers rely most on third-party articles/blogs/reviews to research products and servcies, while Baby Boomers rely most on trade shows. But before you send a rep out to knock on Millennials' doors, note that Millennials opt for remote over face-to-face vendor interactions, with some 69% of Millennials saying they prefer e-mail communications compared with only 24% who prefer in-person meetings. And when it comes to the vendor attributes most likely to impress potential B2B buyers, there is another generational divide: Millennial buyers value ease of doing business most highly, while Gen X buyers look for assurances that they'll be satisfied with their purchase, and Baby Boomers prize a vendor's ability to respond quickly. For more details of the study, see http://www.marketingprofs.com/charts/2015/27408/b2b-buying-millennials-vs-gen-x-baby-boomers
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
Tuesday, September 2, 2014
E-mail Beats Text in Tapping Luxury Brand Buyers
Luxury brands seeking affluent customers should favor e-mail over mobile text messaging, according to 2014 first-quarter data from the Luxury Institute. As recently reported by eMarketer, the Luxury Institute found that just 17% of U.S. affluent internet users, those with an income of $150,000 or more, had signed up to receive, or were somewhat to very likely to opt in to, text messages from a luxury brand. Even tech-savvy, affluent millennials were not interested in luxury brand messages popping up on their phones: Only around a quarter said they had or would be interested in receiving such communications, a percentage similar to Generation Xers. In contrast, 49% of respondents said they had opted in, or were somewhat to very likely to opt in, to receiving e-mails from a luxury brand. Luxury brand e-mails are likely to do even better with younger affluents, however. The overall e-mail acceptance of 49% was skewed lower by boomers (44%) compared with millennials (61%) and GenXers (54%). The study held another discouraging note for digital luxury-brand marketers: Digital generally doesn't appear to play a major role in U.S. affluent internet users’ shopping or purchase processes for luxury items. For example, only 22% of all affluent respondents (27% for techie millennials) said they researched luxury brands online and then purchased in-store. For more, see http://www.emarketer.com/Article/Affluents-Dont-Want-Texts-Luxury-Brands/1010867
Thursday, August 7, 2014
Direct Mail Dying? Not With Young Response High
Paper mail volumes may be declining, but there's a sign that direct mail is nowhere near extinction: the high response rates of younger adults. In the introduction to the Direct Mail chapter of the Direct Marketing Association's 2014 Statistical Fact Book, Laurie Beasley, president of Beasley Direct Marketing, Inc., reassures anxious direct mailers, "An encouraging sign for direct mail marketers is that very young adults, 24 and younger, are among the most mail responsive groups today." Why? Because getting paper mail is a life experience that it is becoming rarer and rarer in the digital age, Laurie posits. Young millennial adults are not as desensitized to receiving vast volumes of paper mail addressed to them, tailored to them, as were their parents and grandparents. So what was once a mundane activity is now an uncommon and slightly exciting experience. Everything old is new again apparently, and that's good news for direct mail. See Laurie's comments at http://thedma.org/advance/saturday-stats/saturday-stats-getting-mail-is-a-life-experience/
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