Monthly Archives: May 2016

Next to Now: Fleet Week

It’s Fleet Week in NYC and Memorial Day Weekend throughout the rest of the U.S., but as we stand over the grill this weekend, we’ll also be pondering the states of the art of social buy buttons, mobile advertising, podcasting . . . and grilling.

 

WHEN SOCIAL MEDIA DOESN’T MEAN SALES, Part 1

Digiday reports that buy buttons on Pinterest and Instagram have not taken off for retailers. This is more evidence that social media cannot be the sole focus of your marketing plan. Whether you believe in marketing funnels or marketing pinball, there is a difference between awareness, engagement, and intent to purchase.

#social #marketingfunnel #marketingpinball

 

WHEN SOCIAL MEDIA DOESN’T MEAN SALES, Part 2

Luxury brand Burberry is a social media powerhouse with over 40MM social followers, but that hasn’t translated to sales, as revenue is slipping. They’re working on it, but Burberry’s conundrum remains a cautionary tale for marketers everywhere.

#social #roi

 

GOOGLE REVAMPS MOBILE ADS

To improve performance, Google is revamping its mobile ad platform to allow for more and bigger ads. This is good news for advertisers

#mobile

 

PODCASTS CONTINUE TO BOOM

The explosive growth of podcasts continues:

“‘We’ll probably more than double this year, and, the year before, it tripled year-over-year, so we’ve been seeing really great growth over the past three or four years in podcasting. Just looking back, I think we’re 10 times where we were three years ago,’ said Bryan Moffett, general manager of National Public Media, NPR’s corporate underwriting division.”

#npr #podcasts

 

Photo (c) Lynn Ruane

Next to Now: May 20, 2016

WHITHER PODCASTS

This New York Times article explores how podcasts are expanding beyond Apple’s original vision, and asks what that means for the future of podcasts—especially in the face of real competition from the likes of Spotify and Amazon’s Audible. The market continues to expand:

“By last year, at least 46 million Americans listened to podcasts each month. This year, that number will reach 57 million, according to a survey by Edison Research.”

#podcasts #apple

 

WITHER VINE

Video darling Vine has seen a major decline as more than 50% of major influencers have left the platform. Facebook live is ascendant.

#vine #video #live

 

SILENT VIDEO

Video marketers pay heed: 85% of Facebook video is watched with the sound off. That should help with the audio line on the production budget at least.

#video #facebook

 

SIGNS THAT SNAPCHAT ADS ABOUT TO EXPAND

Digiday reports that Snapchat is developing a curatorial algorithm that will function to determine the content users “want” to see.  Whether or not this is good news for the users is an open question, but it undoubtedly means that Snapchat is developing new advertising projects. None of this is a surprise.

#snapchat

 

Next to Now: 2016 BEA Edition

While the book world bustles about Chicago during 2016 BEA, the world of advertising has been busy talking about the marketing funnel, YouTube best practices, marketing intelligently to smart women, and more.

THE MARKETING FUNNEL IS NOT DEAD

A while back we pointed to an opinion piece that argued that the marketing funnel is dead and has been replace instead by marketing pinball. In fairness, we’re now pointing to Sam Bridger’s opinion piece that argues that the funnel is very much alive. In the piece that inspired Sam Bridger, Mark Ritson argues that marketing pinball mistakes tactics for strategy

“The error that Mr John makes is looking at the tactical resources that he uses to traverse the various steps in the buying process, rather than the journey itself. Clearly today’s consumer is availed with a whole set of resources and influences unimaginable a decade ago. But that is not the point of the sales funnel, which charts the consumer journey, not the tactical attempts of brands to influence it.”

While “marketing pinball” is a metaphor that continues to feel closer to our experience of today’s marketing environment, and we don’t think one metaphor is necessarily a refutation of the other—they’re both metaphors with the full range of accuracy and fuzziness that metaphors deliver—it’s worth heeding the arguments of a couple old pros.(via @FishFood)

#tactics #strategy #marketingfunnel #marketingpinball

 

DO WOMEN PREFER GENDER-NEUTRAL LANGUAGE IN MARKETING?

In a study on marketing to women, eMarketer reports that 74% of women would rather receive gender-neutral marketing messages. This was true across all age groups. But when it comes to “likes” and follows, younger women are more likely to engage than older women:  

“Female users ages 18 to 29, however, were a bit more likely to follow brands on social media and sign up for email marketing newsletters compared to older female respondents.”

#women

 

HEARST TARGETS PRINT SUBSCRIBERS DIGITALLY

Print subscribers are some of the most engaged readers around, so we are excited by Hearst’s announcement that they can now target print subscribers digitally:

“When someone fills out a subscription form online, that data is loaded up into Hearst’s system and attributes like age, ethnicity and household income from third-party data are tacked on. Hearst can then target those readers across its online sites.”

The buy-in is too steep for book publishers right now, but we look for that minimum buy comes down.

#data #print

 

EMAIL EFFECTIVENESS

According to the Relevancy Group, US marketing executives believe that email alone drives the same amount of revenue as their social media, website and web display ad efforts combined.

#email #backtoschool

 

STILL TRYING TO SOLVE FOR CTR

Since the Dawn of Time (or at least the dawn of the first Web ad), human beings have been striving to find a decent alternative measurement to the justifiably beleaguered click-through rate. Now, a new group of digital publishers have banded together to explore the latest alternative: time-based sales. We wish them god-speed.  

#deathtotheCTR #data

 

HEARST UPS THE POP-UPS ON SNAPCHAT

Hearst announces that they will be running more pop up events on Snapchat after their success around prom themed Discover posts. Snapchat is making a serious run for live event marketing against incumbant powers Twitter, Facebook and Instagram.  

#snapchat #twitter

 

WHAT’S THE IDEAL LENGTH OF A YOUTUBE VIDEO?

While studies of TV ads show :15 spots more effective than :30s (and at half the cost!), some studies show that YouTube videos as long as three minutes are making a serious impression. YouTube’s take-away? “Go short or go long.”

#youtube #video

 

YOUTUBE MAKES THE CASE FOR ITSELF

And it’s a good one: YouTube reaches more 18-49 year-olds than any broadcast or cable TV network; 91% of YouTube impressions are viewable compared to the 54% industry average (also: this is buy definition since YouTube is sold on a cost per view basis); 8 of the top 10 most influential celebrities according to U.S. teens are YouTube stars; 100% growth in time spent watching YouTube on TV.

#youtube #video

 

YOUTUBE MAKES A CASE FOR EMPOWERING ADVERTISING

YouTube’s Susan Wojicki makes the case that ads that make women feel empowered make a significantly bigger impact for the advertiser:

“Women ages 18-34 are twice as likely to think highly of a brand that made an empowering ad.”

#video #women

 

SHEKNOWS PROMOTES ITS FEMINIST AUDIENCE

In the NewFronts, SheKnows makes a similar point to YouTube—if by empowerment you think of the word “feminism” (and we do). Adweek reports on the first Digital Content NewFronts presentation from Sheknows:

“SheKnows played up its research to back up a number of feminist-minded online classes and original videos. To help marketers first get a grip on its audience, the women’s media company shared data from 1,622 online participants who answered questions about how they define feminism. Overall, 46 percent of women identified as a feminist. Another 32 percent weren’t sure or said it depends and 22 percent of women don’t consider themselves a feminist.”

#politics #feminism #targeting

 

NEWSFRONTS PUSH INTEGRATED CONTENT

A recent article in the New York Times has good insight into the recent push for integrated content. While the examples in this piece are too rich for any book publishing budgets, it’s an indicator of an overall trend we’re watching closely and taking advantage of wherever budgets allow.

#native #video

 

TOMS TAPS VR

The “buy one, give one” message has always been an integral part of Toms sales strategy; so it’s a smart move to use the immersive storytelling experience of VR to tell the stories of the people who receive the donated shoes.

#sales #compassion #vr

Next to Now: The Millennials Edition

 

VOX ALL-IN FOR SNAPCHAT

Vox Media is betting against the 97.9% of marketers who found Snapchat wanting in that ROI survey. At this week’s New Front presentation, Vox revealed that it’s expanding its Snapchat presence across all its brands and creating a Snapchat Studio.

#snapchat #vox

10 BILLION VIDEOS A DAY

A new statistic proclaims that Snapchat is now a major player in video views:

“10 billion videos are now viewed each day on the ephemeral photo- and video-sharing app, up from 8 billion per day in February.”

#video #snapchat

SNAP-READY OUTDOOR ADVERTISING

Adweek features a fun Netflix campaign that invites users to use Snapchat’s face-swap technology with their outdoor ads. We love the combination of digital and outdoor, and using Snapchat lenses is a great way to share with Millennials and younger. 

#outdoor #snapchat #social

GEEKS UPVOTED ON IMGUR

Imgur released results from a new survey that show why millennials are cool with being geeky, and why it’s hard to market successfully to them.

#millennials #geeks

IMGUR TARGETS ADS TARGETING YOUNG MEN

Imgur makes a convincing case that it’s the place to be if you’re interested in reaching males ages 18-34.

#imgur

EMAIL REMAINS STRONG EVEN WITH MILLENNIALS

While the link is available for subscribers only, this headline in eMarketer says it all: “US Millennials Are Frequent Users of Email”:

“Email is still very much alive for US millennials. While it may not offer users the “wow factor” that platforms such as Snapchat, Instagram and YouTube often inspire, communicating via email remains a core digital activity for most young adults.”

#email #millennials

ON THE OTHER HAND . . .

Millennials don’t exist.

(via @GeniusSteals)

#millennials

VOGUE DIGITAL

Have we failed to mention Snapchat for a few posts? Just in time for the Met Gala, Vogue releases its first stand-alone “Snapchat-like” app:

“The iPhone app, out today, is a blend of site and magazine content, with a dash of Snapchat-like functionality. Using an algorithm, it pulls together a daily feed of eight stories tailored for the user by reading patterns. The feed’s interface is reminiscent of a Snapchat Discover story: users swipe right through headlines, and swipe up if they want to read the full article.”

#vogue #mobile

FACEBOOK FOR PRESIDENT

A survey of social media marketers found that over only 2.1% of the marketers said that the glitzy new kid on the block, Snapchat, provides the best ROI. 95% reported that Facebook provides the best ROI of all the social media channels. Twitter was second at 63.5% and Instagram a distant third at 40.1%. 

#social #facebook

 

 

 

Photo (c) TT: Central Park Purple Rain