Friday, October 24, 2014

Halloween—13 Hair-Raising Marketing Stats for this Holiday to Know

 



 



Photo by John Kobal Foundation/Getty Images



Halloween has become a prime retail holiday where billions of dollars will be spent on costumes, decorations and candy. It’s considered a “gateway” holiday to kick-off the busy holiday retail season. And retailers believe that sales for this holiday are a good indicator of what’s in store for the upcoming holidays. “Halloween has become the canary in the coalmine that helps retailers get a final holiday forecast. It’s not a big gift-giving holiday, but it is a big party time, and also indicates the consumer’s propensity to spend,” says Paula Rosenblum, co-founder and Managing Partner at RSR Research.



We’ve uncovered 13 stats that prove Halloween will be booming:




  1. Halloween-related spending is expected to reach $11.3 billion. [ICSC]

  2. 75% of US households plan to spend money on Halloween-related items this year—from spider webs and pumpkins to decorate the front yard to costumes and Halloween candy for trick-or-treaters. [eMarketer]

  3. 34.2% of adults will use online search for inspiration for Halloween costumes. [statista]

  4. 90% of households will select brick-and-mortar retail stores as their preferred venue for Halloween shopping and online. [ICSC]

  5. $1.4 billion will be spent on adult costumes and 1.1 billion will be spent on children’s costumes. [NRF]

  6. 23 million people will dress up their pets in costumes. [NRF]

  7. 67% of adults plan to celebrate Halloween or participate in Halloween activities. [NRF]

  8. 81% adults surveyed feel that the state of the U.S. economy won’t   impact their Halloween plans. [NRF]

  9. 8 out of 10 households plan to spend the same or more on Halloween compared to last year, with one out of five households planning to increase spending. [ICSC]

  10. Consumers spend $21.05 per person on average on candy, with
    $2.2 billion spent on candy overall. [NRF]

  11. 43.3% will begin shopping for Halloween the first two weeks of October. [NRF]

  12. 34.2% of Americans shopping online for Halloween. [NRF]

  13. Last year, nearly half (49 percent) of marketers surveyed suggested they would launch holiday campaigns before Halloween.  [Experian]



With such a favorable marketing forecast, you’ll want to get your marketing in gear to make the most of this pre-holiday period. Follow these simple tips to get started:




  • Offer consumers enticing deals and coupons that represent good value to them.

  • Be where your customers are—Halloween is as social a holiday as they get, be sure to engage with them on the platforms where they are most. Generate buzz around your store or product, have your fans post photos, have a contest or giveaway.

  • Make sure your website is optimized for mobile shopping. Be sure to offer on the spot promotions or coupons.

  • Start now to prepare your holiday ad campaigns, to launch right after Halloween. With such a short holiday season (only 26 days from Black Friday to Christmas Eve) the extra time could be crucial.



Make your holiday selling season a treat—start early and apply a few of these tricky tips to super-charge your seasonal sales!



If you’d like to get ahead of the competition, and start on your holiday campaign early, why not download our Step-by-Step Guide to Holiday Campaign Planning, to ensure your online advertising campaigns are in tip-top shape and super-charge your holiday season!



We want to know what you are doing to engage Halloween shoppers this year. Post them in the comments below or tweet us at @withNTENT.

Reflections of a Young Advertising Professional

Featured on Ad Club Insider



As The AD Club concludes the third week of the A&M Series, a seven-week course offering presentations from masters of the industry who are redefining our business, audiences have already gained tremendous insights and access to some of the brightest minds in advertising and marketing. Kicking off the series on October 7th, Michael Duda, Chief Executive Officer of Johannes Leonardo,  discussed the fundamentals of the business and how to transcend the hype.



Attendee Patricia Garcia, Marketing Assistant at NTENT, reflected on the valuable takeaways from the evening. Read more below!



Reflections of a Young Advertising Professional



As someone who works in marketing for a digital advertising start up, NTENT, my job is to take these learnings and implement them into our business model while we work to cement our brand. I look forward to applying what I learned from this discussion to internal conversations at my company and am eager to continue to develop as a young digital advertiser with The ADVERTISING Club of New York’s Advertising & Marketing Series. Here were my key takeaways:



The Advertising Space is Cluttered. 80% of CEOs think their products are different and one-of-a-kind, but only 8% of consumers agree with them. So what’s the issue? In our age of information, consumers are constantly being bombarded by messages from various companies all claiming to do the same thing, leading to a confusion of brands.



Your Brand is Everything. What is a brand? A brand is everything – your employees, mission statement, set of values, site and product experience. Even the intangible emotional aspects associated with a brand adds to your brand. Duda believes: the most potent marketing strategy is when your brand strategy equals your business strategy. In his opinion, a brand can be even more powerful and elevate a company further than the actual products.




  • BRAND > PRODUCT

    • Duda explained that often times, a company’s brand or perceived value affects a consumer’s decision to purchase or not. You might have the best product in the world, but if nobody knows what it is or understands why they should want it, no one is going to buy it. 






  • STORY > ATTRIBUTES.

    • Creating a good brand story can be even more effective in increasing sales than focusing solely on product attributes. TOMS is the perfect example of this—the brand has seen huge success by focusing less on their shoes and more on the fact that they will donate one pair for every pair sold.






  • BRAND VALUE > SALES.

    • A brand’s perceived value can not only elevate sales, but can also be more valuable than sales generated. A Coca-Cola Executive explained that “if Coca-Cola were to lose all of its production-related assets in a disaster, the company would survive. By contrast, if all consumers were to have a sudden lapse of memory and forget everything related to Coca-Cola, the company would go out of business”.





It’s Easier to Create a Product Than to Convince People to Want it. A good brand strategy can help your business stand out from your competitors by adding value to your offer and connecting to and engaging with your consumers. Duda quoted Apple’s co-founder, Steve Wozniak, in saying that “it’s a lot easier to think of an app and write it than to convince people to buy it.”



View article on Ad Club Insider.



 

Thursday, October 23, 2014

4 Spooky Cool Halloween Campaign Ideas

You’ve Got Great Content--Now What?

Featured on CMO.com



By Bill Drolet SVP Of Video Strategy And Sales NTENT



You’ve probably heard the old adage, “If a tree falls in a forest, and no one is around to hear it, does it make a sound?” Well, what about, “If you have great content and no one watches it or reads it, does it exist?”



In many ways, it may as well not exist–that’s how important having an effective distribution strategy is to video and content marketing. The field itself, still in its infancy, is described by content marketing guru Michael Brenner as “real content created for consumers by people who care about creating quality content.” He emphasizes that the audience needs to be top of mind when creating content. Anticipating what people will both want and need is key to editorial strategy. It is storytelling material that attracts an audience to a brand.



Content For The Right Audience
While Brenner makes a good point about the quality of the content, it is apparent to anyone who has produced content that quality is only half the battle. As we all know, consumers have become inured to a near-constant barrage of information. According to Nielsen’s US 2014 Digital Consumer Report, Americans now own four digital devices on average and spend 60 hours a week consuming content across multiple screens.



Despite those numbers, a study from Microsoft Research shows that users generally stay on a Web page for less than 20 seconds–unless the content is relevant to them and offers a clear value proposition.

So the question now is, how is it possible to ensure that your content is not just seen, but reaches the right audience?



Companies like Red Bull have made the most out of sharing and distributing unique video content. And most recently, Coca-Cola transformed the way content marketing works during real-time events with its World Cup-centered content marketing strategy. The company created and distributed video and editorial content that centered on how soccer (futbol) can be a source of social good and happiness around the world, giving the brand exposure to a worldwide audience.

The company did this by using an innovative strategy that didn’t necessarily push their product, but created goodwill by going on an 88-country tour and making documentary-style short films that portrayed local soccer teams from around the world, tailoring each film to each country. The content was pushed heavily on social media and fans were encouraged to share the content, participate in events, and converse with both the brand and other fans.

That’s just one example of a distribution strategy done right, but the key takeaway from Coca-Cola is that it’s more about how you promote your content than what exactly it is. You just have to be willing to venture outside your comfort zone.

The Importance Of Relevance
It’s no surprise that companies like Facebook, Apple, Hulu, and YouTube are frantically searching for as much contextual data as they can get their hands on. They understand the importance of relevance. In fact, a recent study found that that 74 percent of consumers grow aggravated with irrelevant content, even if it’s quality content.

Think about that for a second. You could have just released a video or posted something you find useful and engaging, but a consumer will actively become upset if it’s irrelevant to that consumer.

An effective content marketing strategy provides value to the end user, so the first crucial step is to target your content based on users' interests and ensure it’s something that is directly beneficial to them. Angering your audience with irrelevant content means they’re less likely to actually pay attention when you do have something tailored to their interests.

Another key factor to consider are your own marketing goals. What exactly is it that you’re trying to accomplish? Do you want to increase sign-ups to your site or reduce customer complaint calls? Create content that addresses those very issues, since it will also be relevant to your audience.



Remember that going viral doesn’t just happen. It’s planned with a well-thought-out content strategy, answering the question of what’s useful or entertaining in a fresh way that’s coordinated with social media, PR, and paid media strategy.

Location, Location, Location
All right, now you know that your content needs to be engaging and relevant. Where to go from here? Take a hint from the real-estate industry; it’s all about location, location, location. In order to enhance the odds that your content is getting placed in the right locations, you’ll need to move beyond traditional platforms and embrace the idea that you’ll need to post it across multiple platforms multiple times.



This means that your video on "the five best places for Java coffee in Boston" will need to be shared on social media accounts like Facebook and Twitter when your audience may want it--perhaps in the morning? Think about how you can utilize that content across other platforms as well. Could you take a snippet of the video and post to Instagram with relevant hashtags or share with your circle of followers on LinkedIn, asking them for their own recommendations?

Get creative with how and when you post content, and remember that there’s a fine line between offering good content and bombarding your audience with information. According to this handy infographic from SumAll, the most effective time to post to Facebook and Twitter is during the afternoon lull of 1 to 3 p.m. and for LinkedIn, right before the work day begins between 7 and 8:30 a.m. and again after work between 5 and 6 p.m. Don’t just post once or only to one platform.

Share the love and cross-pollinate to where your audience may find it relevant, and post again when it’s relevant. Not everyone will see it the first time or in the first place you post.
 
Targeting Groups And Subgroups
While demographics and category targeting are important, the ability to target topics, specifically subtopics, is the last and crucial step of creating a solid distribution strategy.

For example, if you know your audience is concerned with car safety, instead of targeting everyone within that umbrella category, create content that targets subgroups with topics like “car safety for families” or “safest cars for the urban-dweller.”

Targeting the interests of the subsets who are most active and who hold the most value to you can be difficult and time consuming, but choosing the right targeting partners and technologies is essential to the success of your distribution strategy. Tailoring content to these subgroups offers a better ROI for the time spent creating the content because you know that these groups are interested and the content is relevant to them.

To help marketers with this problem, emerging targeting technologies and cross-channel marketing strategies have become available in the form of semantic search technology.

Instead of relying solely on traditional keyword tagging, semantic search significantly improves accuracy and relevance by understanding the intent and context behind a query or phrase. The technology “thinks” about what you mean when you search for something, taking into account word variation, location and context of the search, giving you the most relevant and targeted results.



These new technologies can help you pinpoint where your audience is and what they’re looking for. Going back to the earlier example, if you’re creating content about Java coffee, you can be sure you’re targeting people who are searching for the beverage and not the software program or the island of Java.

Additionally, any content marketer should take advantage of paid and social media analytics tools like Hootsuite that can provide a cursory understanding of who and how to target. Audience reach is everything when it comes to deploying an effective distribution strategy. Go beyond just targeting, placement, and location; think about how partnerships for distribution could streamline the process of reaching an audience that normally wouldn’t come to you. This just sets the stage for a more in-depth conversation, but here are some other useful tips to keep in mind:

1. Plan your content ahead of time: Create an extensive (but flexible if necessary) editorial calendar that will help you keep tabs on what you’ll be posting and when. This will also help you stay on target and budget.

2. Remember, content promotion fails when it is trying to sell something: Make this about engagement, which will drive the audience back to your brand without pushing them away with an overt hard pitch.

3. Stay on top of SEO strategy and content tagging: You want your audience to find your content organically as they’re searching for what they need and want:

4. Search is about finding something: Discovery is about becoming aware of related content that matters to you in your search process; make sure you’re discoverable both ways.

Remember, content marketing may be king, but distribution is queen, and she’s the one calling the shots. Get creative with your distribution strategy and make it relevant, put it in the right places, and target the right topics. Your content–and your brand--will thank you.



About Bill Drolet



Bill Drolet is SVP of video strategy and sales at NTENT. He previously worked at The Weather Channel and Time Inc.



View Article on CMO.com

Friday, October 17, 2014

WEBINAR Video: Monetizing Content with Semantic Technologies

Want to learn what’s powering the intelligent web?



In partnership with the SemanticWeb.com, our CTO Gerald Burnand will take you on a behind-the-scenes tour of how the magic of semantic technology is unlocking the "context" of content, discovering the intent of website visitors and what it means for content owners, publishers, advertisers and the digital ecosystem.



What you will learn:




  • How semantic technology helps online publishers monetize their content by surfacing relevant content and advertisements

  • How semantics reduces errors and time spent by marketers when defining their campaigns; yielding better results for both advertisers and publishers

  • How NTENTs’ platform automatically discovers the relationships between publisher's content and advertisements

  • Take a walk–through of the semantic and linguistic processing of web pages



 



Thursday, October 16, 2014

5 Spooktacular Marketing Ideas for Halloween

Everyone loves Halloween.  It’s the fun fall festivity that kicks-off the coming holiday season and reminds people that their favorite holiday is just around the corner (if it’s not Halloween).  Over the last decade, Halloween has turned into a “BOOming” consumer spending event that has grown to nearly $7.4 billion in sales according to the National Retail Federation.



The ghoulish holiday is not limited to costumes, candy and the odd decoration; the obsession with Halloween extends to many retail segments, including everything from toys to food to pet supplies. So whether or not your business has products that are directly related to Halloween, here are 5 ideas to get your business and customers “in the spirit”:



1) Get the Caldron Boiling with a Contest



At its core, Halloween is about dressing up in your favorite costume and showing off.  The exhibitionist nature of the holiday lends itself nicely to a contest, and with a mobile device in every hand, your customers could snap a photo or shoot a quick video for a chance to win some cool prizes. This user-generated content builds excitement among customers, generates online traffic and provides you with great content to share.



For example, a pet supply retailer might hold a pet costume contest. Entrants photograph a costumed dog, cat or other furry creature and submits the picture for a chance to win a year’s supply of pet toys and treats. The retailer would then promote the contest on their website, Facebook page, Twitter and potentially have their followers vote for the winner.



2) The Black Magic of Bundling



Bundling products together is a great way to sell items during the Halloween shopping season and attract curious site visitors. As an example, a specialty food supplier might offer Vampire Survival Kits that include a selection of pastas and garlic-rich sauces shipped with wooden bowls and stake-shaped utensils or an outdoor equipment merchant selling a Werewolf Hunting Kits, including red-lens flashlights, neck gaiters, and crossbows.



Start by reviewing your product line to see what items would make an interesting themed bundle, then go create some buzz on your social media channels, infuse into your online advertising campaigns and promote via email.



3) Give Your Customers a Treat



Find a low-cost product that's small and easy to ship with every Halloween order -- such as pumpkin carving kits or a simple face painting kit. These incitements will push reluctant customers to make purchases, and will help regular customers feel like they’re getting something special.



If your company doesn’t normally offer any Halloween-related products, these freebies will lend more credibility to your holiday-themed marketing.



4) Online Deals to Scream About



Give the recommendations above some added legs by injecting them into your online advertising campaigns.  Promote the bundles, leverage the pictures that your customers submitted and generate additional traffic to your contest.  All of this will increase interaction with your products and your brand in a fun, engaging way.



Then give them something to scream about by giving them an offer they cannot pass up like “Buy One, Get One Free” promotion or a “Save 30% On One Item” or “Free Shipping”.  Do not forget to create a Halloween themed code ("BOO2014") for tracking and ROI analysis and to promote via your social channels and online advertising campaigns.



5) Scare Up Some Local Business



Halloween is a holiday that brings communities together. Just look at trick or treating – what other holiday has kids knocking on neighbors’ doors asking for candy? This means it’s a great opportunity to promote your brand in the community. Host a creative pumpkin competition and invite customers to bring in their carved pumpkins into your store to display or keep your doors open on Halloween night and offer a special treat for the neighborhood kids and their parents.



We hope these ideas will keep you from being a marketing zombie and get your customers, employees and you into the Spooktacular swing of things!



Have more ideas to share?  Please post them or tweet them to us @withNTENT, so we can keep the conversation flowing.