Back Talk: What’s Eye Catching at the Point-of-Sale?

October 25, 2011

Point-of-Sale merchandise can engage and educate consumers. What types of POS materials catch your marketing eye?

Halloween might be next Monday, but retail stores across the country are already donning their Christmas best. Who can blame them? The National Retail Federation reports 40% of consumers begin their holiday shopping before Halloween and that holiday sales can represent between 25-40% of annual sales for some retailers. That number’s even higher for product categories such as consumer electronics, alcohol and jewelry. In 2010, holiday sales — sales rung between Nov. 1 and Dec. 31 — represented 19.4% of total retail industry sales for the year, and the NRF is projecting that 2011 holiday sales will see a 2.8% increase over 2010, estimating shoppers will spend some $456.6 billion. Still, in a recession economy, brands would be remiss to think the holidays and their statistics alone will drive numbers. As my Vertical Marketing Network colleagues and I often discuss, it’s a jungle out there. Brands need to differentiate themselves, and a creative and effective way to do just that is with Point-of-Sale merchandise and promotions. While the former can be used to engage and educate your consumer, the latter is the ultimate gift for both brands and consumers alike: a friendly introduction, a complimentary sample and a gentle reminder. “It’s beginning to look a lot like Christmas…”

Maybe I’m just blogging out loud, but it seems like a few bells and whistles can add a lot to a brand’s image, especially at the holidays. Point-of-Sale programs and materials inspire brand awareness and loyalty, and show consumers that brands care, too.

In past holiday seasons, have certain POS items caught your eye, and why? What are you looking forward to seeing on the scene this year?

Please share your thoughts in the comment section below, or join the conversation on Vertical Marketing Network’s Facebook page.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: Jo Jakeman

15 Years, 15 Marketing Insights — Part II.

October 18, 2011

Sincere communication and connections give rise to creativity.

In honor of Vertical Marketing Network's 15th anniversary, team members reflect on -- and share below -- marketing insights and lessons from the last decade and a half. Can you add to the list?

Marketing is an ever-changing, yet rewarding business. Successful marketers must have their fingers on the pulse of not just popular culture, but also shifting trends within specific industries, from beauty and entertainment, to auto, packaged goods and technology. Marketing, some could say, is the “Renaissance” profession of our hyper-specialized modern world — it encompasses all. That said, the past 15 years have especially seen rapid changes in technology, having given birth to marketing and networking tools such as Facebook, LinkedIn and Twitter. October marks the 15th anniversary of Vertical Marketing Network, and while many of my colleagues acknowledge these are exciting times — fast-paced and full of possibility — they are not without challenge. In addition to looking forward, marketers must also honor the basics, and communicate and connect in thoughtful and strategic ways. These are two tenets of Vertical Marketing’s philosophy. The third is to create, which is where that aforementioned cultural pulse comes into play.

Maybe I’m just blogging out loud, but it seems like — in marketing — true creativity depends on successful communication and meaningful connections. Marketers must focus on the latter to nurture the former.

To celebrate Vertical Marketing Network’s “Big 1-5,” Blogging Out Loud asked agency associates to reflect on their top marketing insights and/or lessons learned since 1996. Last week, we explored the challenges of identifying and maximizing quality sourcing, the concept of the remarkable, and the importance of reflection. Below, 8 more ideas for your consideration:

1. The Power of One — Vertical Marketing President Phil Saifer says empowerment is the key to the success of any service business. “Placing experienced professionals on a client’s business is the most valuable asset an agency has to offer. And when you empower your professionals to run their accounts as if it is their business, you achieve the best of the best in client service.” You also bolster brand loyalty.

2. Mentorship – Everyone needs someone to guide them, especially at the start of their career. Project Manager Alice Lin believes quality mentorship prepared her to handle what she calls the “projects within projects” puzzle. “No detail is too small,” Alice says, “and organization is key.”

3. Sincerity — Organization also helps Assistant Account Executive Cristina Vazquez build close and sincere relationships with clients. “Treat your client well,” she says. Listen to them and respond to them. Cristina suggests: “Send a birthday note or get well card — anything that shows they’re always top of mind.”

4. Like Family — Financial Administration Coordinator Tiffany Gann says not only should clients be top of mind, but so should your coworkers. She shares: “The biggest thing that I’ve learned at Vertical Marketing is how close everyone is. The genuine care that everyone has for each other and the business is evident.” Responsibility and empowerment seem to go hand-in-hand.

5. Face Time – Senior Creative Director Jeff Courtney sees actual one-on-one time with clients as a renewed challenge. While he’ll admit that he and his clients quickly warmed to time-savers such as email, instant message and text message, “we can all too easily slip into the mistaken impression that simply being virtually available anytime our clients need us is enough. It is not.” We agree.

6. Talk the Talk – Vertical Marketing’s Executive Director of Insights, Betsy Berman, knows a lot about, well, a lot. Still, she says one of her greatest marketing lessons is admitting otherwise. “If you are unsure,” she says, “ask. It’s better to feel foolish than to really make a fool of yourself and/or make a big and — most often — costly mistake.” Walking the walk starts with talking the talk.

7. Assimilation – Perhaps no other person has experienced the changes in our technological world over the past 15 years more than Group Financial Director Meryl Kotin. It seems laughable to think that a decade ago accounts were managed and reconciled manually. Meryl shares: “With any changes there are growing pains, but being part of creating new systems is rewarding.”

8. Know Yourself, But Know Your Client More – Phil Saifer shares an appropriate anecdote: “I took home five varieties of a food product from the test kitchens to prepare at home. After doing a tasting, my wife and I concluded the product was a dud. Flash forward two weeks later, when we conducted taste-testing focus groups in the middle of the country, and the target audience loved everything — the taste, the texture, the ease of preparation.” We are not always the target audience. Phil adds, “Always open your eyes to other perspectives before making a final recommendation to a client.” Well said, boss.

Whether you’re new to marketing or a weathered veteran, we’d love to hear your thoughts on the above and the past 15 years. Please share in the comments section below, or on Vertical Marketing Network’s Facebook page. And, as always, continue to create, communicate and connect — with us, with others.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: aoife mac

15 Years, 15 Marketing Insights.

October 11, 2011

Team members share lessons learned over past decade and a half.

October marks the 15th anniversary of Vertical Marketing Network. In addition to celebrating, team members have reflected on -- and share below -- some of their key insights and marketing lessons.

Smartphones. Google. Facebook, LinkedIn and Twitter. YouTube. They are brands and services that dominate the daily lives of most consumers, and for marketers, they’ve become tools we rely on to reach broader audiences and connect with our peers. It’s hard to imagine that 15 years ago they were but figments of the imaginations of visionaries such as Steve Jobs, Sergey Brin and Larry Page, Mark Zuckerberg and Jack Dorsey. October marks the 15th anniversary of Vertical Marketing Network. When Phil Saifer started Vertical Marketing Network in 1996 he could not have imagined the agency would one day be blogging and building social media campaigns (as part of its integrated marketing work) for some of the nation’s leading companies in the toy business, home entertainment, packaged goods, construction products and the casino industry. And yet, here we are. What an adventure it’s been! Yet, when asked to consider some of their top marketing insights and lessons learned over the past decade and a half, many of my Vertical Marketing Network colleagues were surprisingly nostalgic, not necessarily for years past, but for the authentic dialog that is often associated with “simpler” times. However, many acknowledge that by harnessing technologies such as those listed above, modern marketers have been able to redefine the ways we create, communicate and connect. May we continue to do so!

Maybe I’m just blogging out loud, but it seems like time is the best indicator of influence. Today’s technologies are merely extensions of previous trends; tomorrow ‘s successes are rooted in the present.  

To honor Vertical Marketing Network’s 15th anniversary, Blogging Out Loud asked agency employees to reflect on their top marketing lessons since 1996. Here are 7 things they had to say:

1. Remarkability — Group Account Director Danielle Conte borrows from marketing guru Seth Godin, who famously said: “The thing that’s gonna decide what gets talked about, what gets done, what gets built is: is it remarkable?” Danielle sees his challenge: “We need to regularly ask ourselves this question.”

2. Sourcing – In our media-saturated world, quality information ranks high with several Vertical Marketing employees as an issue of importance. Word of mouth, says Account Executive Kate Clarkson, is the best way to get your message across. And while these days that happens more often than not with the help of social media, Kate says, “There’s nothing stronger than the opinion of a trusted friend.

3. Reciprocality – The ability of many to work together toward a common goal has long been the secret to success, as Marketing Services Coordinator Paul Domen knows. “Being able to work together with my teammates here at Vertical, I am able to help and be helped in an un-selfish manner.” This not only applies to in-house relationships, but especially ones with clients.

4. Forward Motion – Project Manager Joanne Hilton has witnessed changes in the field and technology from the get-go, and where some may be cautious, she’s learned to embrace inevitable change. “Transition is an electrifying experience,” she shares. We couldn’t agree more.

5. Honoring Basics – Fundamentals can be easier in theory than practice. Account Supervisor Karen Linderman stresses the value of basic communication: “Listen to your customers and prospects and communicate with them in a personal way. They are your best advertising.”

6. See and Scene – “To be a successful marketer, you need to get into the markets and the stores, ” says Account Director Nicco Mouleart, “and meet the target consumers you are going after.” Blogging Out Loud often takes to streets in the name of research. Go out, see and experience the scene.

7. Reflect – Vertical Marketing Network Vice President Diane Solem ponders daily the changes shaping the industry. Her greatest insight is one we offer back to you: With the myriad changes facing the industry and communications as a whole, “is a personal relationship as important as we think? Is viral marketing moving us away from one-on-one marketing?”

Next week, we’ll return with 8 more marketing lessons and insights from the Vertical Marketing Network team. In the meantime, please share your thoughts on the above in the comments below. Ideas, as we often note, are nothing without sharing.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: stephen_gunby

Back Talk: Have You Gone QR?

September 20, 2011

For brands and marketers looking to tap new technologies, it's hip to be square, as in QR code square. The 2-D bar codes can be used as gateways for consumers to access special information.

About a year ago, Vertical Marketing Network blogged about what some industry insiders were touting as the Next Big Thing. While they may not be as ubiquitous as Facebook fan pages and Twitter feeds, there’s no denying that QR codes are popping up with more regularity, on packaging and in publications, on billboards and even the sides of taxi cabs. Short for Quick Response code, QR codes are 2-D bar codes that can be scanned using a smartphone camera to then transmit information, and they (along with 3-D technologies such as WiMO) are helping brands in the auto (Ford, Chevy), beauty and fashion (Calvin Klein) and entertainment (CBS, HBO) industries engage consumers and redirect them to company websites, product and promotional content, and special features. Toys ‘R’ Us is using them on in-store product signage, where they’ll likely attract young consumers with their video game-like graphic. Meanwhile, Quaker Oats has gone QR in a different vain, placing them on in-store signage and product packaging to encourage parents – not kids – to scan them to then send young fans personalized messages from teen heartthrob Nick Jonas. And in perhaps the boldest indicator of the potential for QR codes, a supermarket recently set up a “virtual grocery” in a South Korean subway stop, in which consumers could “shop” with a quick point and scan; then, after checkout, the virtual goods were made real and delivered to the homes of surely happy shoppers.

Maybe I’m just blogging out loud, but it seems like now more than ever it’s hip to be square. QR codes are effective and forward-thinking, not to mention fashionable and fun. As technologies continue to develop, so too will opportunities to implement them.

Which prompts the question: Do you think this hype is justified? What interesting campaigns have caught your marketing eye and caused you to go QR?

Please share you thoughts.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: JA_FS

Marketing To And Through A Recession.

September 13, 2011

Despite economic downturn, marketing budgets continue to grow.

For brands grappling with how to market themselves during the recession, there's light at the end of the tunnel. Despite the current downturn, marketing budgets are up and consumers are spending, albeit cautiously.

Conventional wisdom tells us that when the going gets rough, both consumers and marketers get tough on excess spending, and that might be true. But recent studies suggest that despite the current economic downturn that just won’t stop, marketing budgets are up and the industry is hopeful. In a report on business-to-business marketing released earlier this year, Forrester Research found the average marketing budget will increase nearly 7% this year over 2010, with the largest spending increases expected to come from technology service companies, the financial sector and the makers of high-tech gadgets. While that likely doesn’t come as a total surprise, this might: the Forrester study also found that smaller companies are more likely to increase their marketing budgets over large ones, since the need to grow one’s brand doesn’t stop and drop with Wall Street. It seems counter-intuitive, but recessions have proven to be good for marketers and brands alike. Simply put, just because consumers have less to spend doesn’t mean they’re not spending. However, they are shopping with a discerning pocketbook, which is why marketers best keep on their toes and be ready to make adjustments on the fly.

Maybe I’m just blogging out loud, but it seems like — metaphorically speaking — marketing during a recession is equal parts determination and perspiration. Preparation and inspiration is key to seeing brands through the slump.

History is ripe with lessons of brands that have turned a bad economy into a golden business opportunity. As conventional wisdom is also happy to remind us, consumers are more likely to question their spending habits during bad times. Moreover, it’s during a recession that consumers gravitate toward brands that continue to communicate with them. A golden opportunity exists for brands to turn the dial up on its marketing programs – from coupons and social media marketing, to product demos and exclusive merchandise offers. But by taking the lead on brand marketing during a recession, it is equally important to stay in touch with consumer purchase patterns. The Wall Street Journal reported yesterday on another recession trend: consumer’s “trading down,” or the act of consumers abandoning long-time preferred brands in favor of more affordable ones. Specifically, the article looked at how Proctor & Gamble has adapted to the financial shift: “It’s required us to think differently about our product portfolio and how to please the high-end and low-end markets,” says the company’s North American group president. One technology that’s been helping brands do just that for years is search engine marketing (SEM). With U.S. consumers turning to the Internet for more than 1/5 of their media needs, it’s no wonder that SEM numbers continue to grow while traditional mediums stagnate. As my Vertical Marketing Network colleagues and I like to discuss at length, the Internet may very well be the savvy marketer’s greatest ally during this or any future downturn, which is why Vertical is heavily involved in the planning and development of SEM programs for its clients that take advantage of the vast reach, minimal cost and precise targeting of the web. Tough times call for calculated measures, all right, and it seems marketers have their work cut out for them.

How are you adapting your marketing efforts? Please share your thoughts.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: Newtown_grafitti 

Mobile Money Goes Mainstream.

August 30, 2011

New applications promise to change the ways we spend forever.

Forget cash. Soon-to-be-released platforms from Google, Isis, Visa and others will allow consumers to leave their cash, plastic and coupons at home, and spend and save with the wave of a smartphone.

After last week’s smattering of seasonal storms, “change” is a term likely to remain closely associated with the climate. That is until next month, when Google is expected to release its highly anticipated Google Wallet application, one in a series of apps from commerce and media outlets rumored to be coming soon to a smartphone near you. Smartphone use and m-commerce continue to grow rapidly; recent numbers from Forrester Research suggest U.S. m-commerce will reach $31 billion by 2016 (that’s quite an increase from the $2.2 billion Americans spent on m-commerce in 2010). For brands and marketers, the only thing more exciting than this projected growth is m-commerce’s imminent makeover, as Google, Isis (a joint venture between AT&T, T-Mobile and Verizon) and even Visa prepare to unveil platforms that will allow consumers to abandon cash, plastic and coupons completely, in favor of their trusty smartphones. In its early stages, m-commerce was an alternative to home computer and in-store shopping, allowing smartphone consumers to browse and make purchases by either surfing the web or using site-specific applications, such as those from eBay and Fandango. But this new wave of technology, and the new face of mobile money — which will allow consumers to do all that, and more — promises to redefine the ways in which consumers spend forever. And while the effects on marketers remain to be seen, one thing is certain: change is taking us all by storm, and smart brands and marketers should get prepared.

Maybe I’m just blogging out loud, but it seems as if mobile money enables brands to shine and consumers to spend in new and exciting ways. Tech-savvy marketers should make the most of changing technologies.

The fact that much of that change has yet to be seen hasn’t stopped my Vertical Marketing Network coworkers and I from buzzing with anticipation. When Google revealed its Wallet app in the spring, it merely promised the service was coming soon; rumors have pinned “soon” as September. Google’s recent acquisition of Motorola certainly seems a relevant precursor to the company’s ambitious mobile technology rollout. In addition to buying Motorola Mobility, which runs Google’s Android operating system, Google plans to manage Motorola Mobility separately and keep Android open for use by competing mobile brands. This, no doubt, was part of what inspired the Isis venture, which will launch in Austin and Salt Lake City in early 2012. Like Google Wallet, Isis technology will allow consumers to pay for goods using their smartphones; abandon their cash, cards and coupons; set up alerts for online deals; and track their spending. In addition, Google Wallet plans to offer businesses various types of purchase data, and plans to incorporate location-based advertising and personalized promotional content. And Google’s not just stopping there. Two weeks ago, the company announced the expansion of its Google+ social network to include gaming applications, which drum up interest as well as dollars. No doubt this onslaught of change will redefine the landscape, be it mobile, monetary, online or otherwise.

Finally, change to be excited about.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: AMagill

Back Talk: What’s Your Back-To-School Essential?

August 23, 2011

It's time to sharpen your pencils and your eye for integrated marketing campaigns. Back-to-school season is loaded with lessons for savvy marketers; share your season essentials below.

As summer begins to wind down, consumers are embracing fall and the back-to-school frenzy that comes with it. Once again, Target is the preeminent educator of innovation and inspiration, this year offering new in-store interactive technology, Facebook promotions and online coupons. And what’s the first lesson of the back-to-school season? Be on the leading edge of promotion for your brand. Coupon Cabin recently polled some 3,400 parents and found 64% plan to use coupons and/or online codes for back-to-school shopping, and 43% of that shopping is expected to happen online. Meanwhile, new social networks and applications such as Spotify and Want It are influencing the ways brands and consumers interact and spend. It’s a virtual pep rally, and savvy marketers should catch the spirit.

Maybe I’m just blogging out loud, but it seems like back-to-school promotions can inspire longing in kids and their parents alike. Marketers can learn a lot by doing a little homework.

Which prompts the question: School supplies aside, what’s your “back-to-school” essential? What integrated marketing campaigns and/or innovations have caught your eye, and how will you use them?

Please share your thoughts with us!

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: aaron13251

On The Funny Side Of The Marketing Street.

August 16, 2011

3 rules for engaging humor when promoting your brand’s image.

Juggling humor and honesty is no easy task, and marketers are wise to be cautious in doing so. Still, surveys show online consumers respond well to campaigns that encourage laughs.

Ask most industry professionals about effectively using humor in marketing, and their answer will turn gravely serious: don’t do it. Humor, they’ll opine, is risky business; then they’ll spout the oft-quoted Claude Hopkins: “People don’t buy from clowns.” Historically, that might true, but a recent report from Marketing Sherpa suggests a little laughter goes a long way in attracting the almighty friends, fans and followers. According to the study, while more than 60% of social media users connect with brands to learn about new products, features and services, 35% of respondents respond well to campaigns seen as entertaining, funny or insightful, where less than 30% are drawn to campaigns focused on company culture, environmental responsibility and boring things like company policies. With recent surveys revealing more than half of all social media users take their Facebook, Twitter and Google+ habits with them on vacation, numbers like these prove to be no laughing matter. The challenge for marketers is that humor, like beauty, lies in the eye of the beholder. And while some will argue that effective humor is attention-getting, engaging and creates word-of-mouth, one bad joke can alienate an entire demographic. That’s seriously funny business, indeed.

Maybe I’m just blogging out loud, but it seems like marketing laughter is a medicine best served O.T.C. — that’s off the cuff, but not out of control.

We often see bold, edgy and totally spot-on campaigns that employ humor to attract consumers. A recent Jose Cuervo campaign made me and my Vertical Marketing Network coworkers chuckle. Through the brand’s Facebook page, consumers are challenged to admit they “suck at making margaritas” to receive a coupon for the brand’s pre-made margarita mix. Users start by clicking the “OK, I admit it” tab, a sort of self-deprecating resignation that likely inspires many a tequila drinker to LOL at the ad and, perhaps, themselves. It reminded me of a Vertical Marketing Network campaign from years ago, in which the agency literally steamrolled hundreds of that most-dreaded of holiday treats — the fruitcake — in a humorous and buzz-worthy promotional effort for client Kahlua to announce the brand’s own holiday baked good and gift with purchase, the Kahlua brownie. Writing independently about marketing to the Hispanic/Latino consumer, an industry insider writes about an effective radio spot in which humor was used to get the listener’s attention but ultimately, and more importantly, built brand loyalty by making an emotional connection with the target demographic. Humor, it seems, is more versatile than thought. Keeping this in mind, some rules of engagement:

1. Know your audience, and don’t offend them. This is the umbrella rule for being politically correct and socially sensitive. Not all humor needs a specific target, and the best jokes often don’t.

2. Keep it light, keep it bright. This could be the reason jokesters thrive on social media forums such as Twitter, where brevity and wit are celebrated.

3. Remember your point. It’s the brand, and/or product, that ultimately needs to benefit from any funny business. If the message is not first true to them, and second not appealing to your target audience, there’s little appeal. And that’s no joke.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: Michael David Pederson

Redefining Multicultural Marketing.

July 12, 2011

Targeting women without falling for stereotypes is challenging.

Avoiding stereotypes is key when marketing to multicultural women, who have captured the attention of marketers since last year's census report.

Summer has descended, and with it a wave of Top 40 hits to set the mood. For marketers, perhaps no song better describes the tone of the marketplace than Beyoncé’s catchy “Run the World (Girls)” — a sassy and spirited shout out to ladies the world over who are hitting clubs, lovin’ life and — most importantly — spending money. Women, after all, account for the majority of consumer choices, and marketers are wise to target them. Leading the charge — according to a recent study — are Hispanic women, who are responsible for 85 percent of buying choices within their powerful demographic. But as the recent study from Media Post points out, the current challenge facing marketers is not merely gender or race specific, but rather it is gender and race specific. Titled “Transformers: Multicultural Women As The Shape Shifters of America,” the study asserts that — gender aside — ethnically speaking the minority is the new majority, and it’s up to marketers to celebrate not only consumer sameness, but their differences. “Stereotypes are still one of the most important issues facing multicultural consumers today, with over half of multicultural women claiming they would rather not be represented in an [integrated marketing] campaign than be inaccurately portrayed.” In other words, it’s not just about “girl power,” or consumers identifying themselves by gender or race. Advancements in education, politics and technology are shifting the face of multicultural marketing and it is time for marketers to respond.

Maybe I’m just blogging out loud, but it seems as if the many faces of the modern American consumer poses exciting but exacting challenges. Multicultural marketing demands campaigns be as varied as consumers themselves.

Of course, the real challenge for brands and marketers then becomes money. It is not as if marketing dollars are as endless as ideas. But there are ways marketers can engage consumers without spending a fortune. Writing last year about the power and influence of the Hispanic/Latino consumer, Vertical Marketing Network challenged marketers to embrace the concept of the “digital plaza,” or the idea that commerce and conversation can unfold more affordably and more effectively online. And surely, it does. An estimated 71 percent of Latinos use their mobile devices for activities such as SMS, MMS, email, surfing the Internet and gaming functions, compared to the market average of 48 percent. Moreover, as of 2009 nearly 23 million Hispanics were online. With Hispanic buying power expected to rise by 50 percent over the next five years (by 2015, it will exceed $1.5 trillion), it’s no wonder marketers from leading brands such as AT&T, Budweiser, Ford, P&G and Toyota are responding. The Media Post study also argues that multicultural women — be they Hispanic/Latino, African-American, Asian, Middle Eastern, etc. — are far more active online and on their mobile devices than their white counterparts, and they’re also more optimistic. On a scale of 1 to 10, “over half of all multiculturals said their outlook on their future was an 8,9 or 10, as compared to only 37 percent of their white counterparts.” Not only that, but multicultural women are more willing to try new products than their white counterparts, particularly when is comes to brands that are inspirational.

Whatever your taste in music, it might be worth lending Beyoncé an ear. If all else fails, she might consider a second career in marketing.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: Clip art

5 Tips To Harness A Brand’s Secret Weapon.

June 28, 2011

Apps and websites help consumers explore products and connect.

We're no longer living in the Age of Aquarius. It's the Age of Apple, Facebook and Quora. Consumers are adapting and reacting; marketers should, too.

True or false: On the Internet, consumers are guaranteed friends and forums to engage with said friends, be they real, imagined, or somewhere in between. If you answered “false,” you’re either living in the original “Age of Aquarius,” or well, you don’t get out much — virtually speaking, of course. This is the Age of Apple and Facebook and Quora, and believe you me: friends are abundant in places low and high. Last month, Trendwatching.com published a brief dedicated to what it christened the “F-Factor,” or that not so little ability modern consumers have to tap into their online networks — and the friends, fans and followers those networks create — to discover new brands and the goods and services they provide. At Vertical Marketing Network and Blogging Out Loud, we’ve spent a good deal of time over the past year counseling marketers on the myriad reasons why engaging in social media is not only relevant but also necessary to compete in today’s marketplace. The benefits of social media simply cannot be denied. But if we take ourselves — marketers — out of the equation and examine the consumer trends that are developing outside of our influence, the market landscape proves to be a little more challenging and a lot more varied. What Trendwatching.com calls the F-Factor, we like to think of as the Power of One, or the ability one consumer voice has to create positive word-of-mouth campaigns and launch new business opportunities for brands looking to compete in today’s fast-paced, competitive world. The Power of One is about more than engaging consumers on Facebook and Twitter; it’s about first creating product lines that inspire consumer conversation, then empowering shoppers to share their knowledge with the people they seek to connect with online in the first place — family and friends, followers, and depending on the consumer, yes, even fans. According to a June 2010 Cone Inc. study, 63 percent of consumers trust family members for product recommendations; 31 percent trust friends. Beyond that, 81 percent of U.S. consumers do additional online research when exploring brands and products, with 55 percent looking at user reviews (such as those offered on sites such as amazon.com, tripadvisor.com and Yelp) and 10 percent going straight to their social networks for advice. Among consumers ages 25-34, this last number jumps to 23 percent. The Power of One is real alright, and marketers must harness it to let a new kind of sunshine in.

Maybe I’m just blogging out loud, but it seems like The Power of One can be a brand’s secret weapon. Brands that give consumers incentive to advocate on their behalf, while providing the tools to do so, are prime for prosperity.

The number of websites and mobile applications that have emerged for consumers to share their opinions is dizzying. Beyond the major social media players and commerce websites, there’s now sites that solely encourage consumer curation (Pinterest, Polyvore) and — more importantly to marketers — personalization. The fashion industry is especially making out big, with websites like boutiques.com, thefind.com and kaboodle.com, among others, enabling consumers to connect with existing contacts and make new ones — all with a common goal. But The Power of One isn’t all jumpers and tricked-out shoes. No matter the industry, savvy marketers can gain advocates and increase their power by following five tips:

1. To Each His Own — You know what they say about opinions…Everybody’s got one. Does that mean consumers should be free to bash brands they dislike as much as they praise the ones they do? No, but they will. Brands and marketers should be considerate of opinions that differ from theirs, and address them in a proactive way. Engage with disgruntled consumers online in a way that suggests you do care and you do want their business.

2. Share And Share Alike – Don’t just let consumers have all the fun, marketers, too, should be using their personal networks to tout not just their brands but other brands they like. For most consumers, less isn’t more, more is more. And the more ideas and products that come their way means the better chance your brand will have of being noticed (yours is the best product, right?). Channel your inner Joe Girard, the Guinness Book of Records “World’s Best Salesperson” and sell!

3. Take It Personally – Nothing makes a statement like a heartfelt response. Happen upon a great review online? A favorable tweet? Say thank you, and make it public! Reward has always driven an emotional response, and a quick “danke shoen” will inspire consumer loyalty in both the recipient and onlookers.

4. But Not Too Personally – Let’s face it, not every brand or product is for everyone. Know your target demographic and be true it. There’s no sense in barking up the wrong tree, or for distracting yourself from more important matters (i.e. the friends, fans and followers you do have).

5. Keep New Ideas Coming – Variety is, after all, the spice of life, and the secret to holding consumer attention. Not only should brands be on the lookout for new ways to engage consumers, they should also consider implementing programs in which consumers can interact with each other. Be fresh, be inspiring, be original and — most of all — be true to your brand, and consumers will respond.

It’s summer — harness the power and let some sunshine in.

Brought to you by Vertical Marketing Network, a Leading Integrated Marketing Agency.
Photo credit: daveeza

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