Surely, every marketing professional has at some point in their career overheard the phrase, “seems like a gimmick to me.” Heavily used both by skeptical consumers as well as marketers themselves, the idea of the “gimmick” describes a cheap or tacky attempt at marketing a product or service. And there are times when the gimmick has worked.
If you cast your mind out and try to think of a group of people who seem to have mastered every aspect of social media and the creation of a brand online, you surely don’t have to think too long until you land on a single, era-defining clan: the Kardashians. While the family did not get their initial shot at fame through social media, they have undoubtedly managed to stay relevant through their social media presence. Each sister has grabbed hold of their individual success and translated it into a means of commerce, whether it be a range of products, lifestyle apps, brand deals or models.
A recent expose published by undercover investigators with the Animal Recovery Mission unleashed the wrath of the public on prominent dairy producer Fair Oaks Farms. The video, which shows animal abuse in its most extreme form, prompted many stores to pull Fairlife products from their shelves and many consumers to promise never to make a purchase from the brand again.
Just four days after Hong Kong saw some of its most tumultuous civic unrest on record, an estimated two million demonstrators returned to the streets on June 16th to protest controversial government plans to reform the city’s extradition law. A clear undercurrent of their anger, however, was directed at the police, accused of using disproportionate force to disperse protesters the week before, the Hong Kong Police Force had a major PR problem on its hands. Their response was an interesting one, to say the least.
When Chinese music streaming company Transsnet decided it planned to break into the lucrative African market, they partnered with the parent company, Transsion Holdings, the makers of popular phone brands such as Infinix and TECNO to pre-install their Boomplay app on their handsets. The promotion of these handsets then directly contributed to the delivery of Boomplay direct to the consumer after it was officially released in 2015 with the launch of TECNO’s first music phone Boom J7.
Marketing can be an expenditure that some businesses have trouble justifying. However, a strategic approach to marketing is necessary in order to reach as many potential customers as possible. So what is there to be done in the case of a little-to-no budget, no marketing experts on staff, and precious little time? Luckily, there are plenty of free or low-cost marketing tools designed to help even the smallest or newest businesses boost their strategy.
In 2018, nearly a quarter of the U.S. population was projected to have listened to podcasts. Translated into numbers, that comes out to about 73 million users. Translate that again into advertising terms, and marketers quickly perk up their ears. Podcasts have enjoyed a steady increase in both subscriber and listener numbers as well as varietals offered by media outlets and producers in recent years. As these listener numbers increase, so does the appeal of using these new, trendy platforms as marketing tools.
It is a grim reality that more than half of new businesses fail within the first five years. Keep in mind, however, that firms rarely fail overnight. In fact, if you take a closer look, it becomes clear that there are some key signs to look out for to help you identify a failing business months in advance. Some of these signs include growth grinding to a halt, poor cash flow management, and a lack of innovation or differentiation from competitors. One common mistake that business owners make when trying to revive a dying business is to cut expenses, but this tends to only delay the inevitable. So what can a business owner do to shift back into gear?
Love them or hate them, Millennials are major news in marketing. Not only are they the largest generation since the Baby Boom, but they are also about to launch into their prime purchasing years. By next year, Millennials are expected to spend a jaw-dropping $1.4 trillion annually- that’s one-third of all retail sales in the US alone. Savvy business owners better start thinking like Millennials – or hire marketing teams who can. In this article, we’ll be looking at the most significant trends shaping Millennial spending behavior, and some effective strategies you can use to build smarter and faster marketing campaigns.
There are some common traps that small business owners fall into. Relegating testimonials to mere “nice to have” status is one of them. As a form of social proof, testimonials are empirically persuasive. Econsultancy data shows that the showcasing of testimonials leads to an 18% increase in sales and an increase in the likelihood of purchase for 63% of site visitors. Brightlocal research found that 88% of people trust online reviews as much as they trust recommendations from personal contacts.