It can be tempting to play it safe with a marketing strategy, sticking with a well-established audience that is already familiar with your product or service. However, new data suggests that marketers who don't reach out to one very specific demographic in the next few years could be missing out. Big time.
According to MarketingLand, there are 59 million Hispanic-Americans living in the United States, and more than 40 percent of that total population falls into the millennial demographic. And not only are Hispanic millennials extremely well-connected — a report from Viant found that the group spends 25 percent more time on their smartphones than their peers — they also make up a significant percentage of the $1.5 trillion purchasing power of U.S. Hispanics.
Though boosting website conversion rates seems like a straightforward task for marketers, there's some nuance to crafting a strategy that includes this goal. In fact, while it may sound a little strange, some of the efforts you may take to get customers to convert could actually end up having the reverse effect, driving them away from your website. Here are three mistakes you might be making that could adversely affect your website conversion rate.
1. You're Trying Too Hard to Educate Your Customers
It's no secret that today's customer is well-educated. But don't underestimate just how educated your average customer is. According to Forbes, 82 percent of customers research something online long before they're ready to purchase, meaning they've already done their homework. Additionally, they likely know exactly what they want and are just looking for the right business to help them accomplish their goal.
Facebook advertising is a large and growing business. Businesses spent more than $9 billion on Facebook ads in the second quarter of 2017 alone, according to Facebook's Q2 earnings report. That's an increase of 47 percent from 2016!
But for small and medium businesses that are just getting started, Facebook advertising can be very confusing. So, before jumping in, you should understand the two major types of advertising on Facebook — news feed ads and boosted posts — to help you determine which is best for meeting your business goals.
It can be tempting to think that online and offline marketing strategies exist in separate worlds with little to no overlap. Though this type of "channel-based" thinking might simplify the process of planning various marketing tactics and allocating funds for specific projects, it's also unrealistic. Research shows that consumers are influenced by both online and offline marketing strategies.
A recent report from the Interactive Advertising Bureau confirmed that multichannel campaigns can improve purchase intent by 90 percent and brand perception by 68 percent. But it's not enough to simply mash your online and offline strategies together — a consistent message is critical to a truly integrated strategy.
Whether you love college football, the NFL or both, the end of summer means one thing: Football season has arrived. These fall sporting events are a huge part of American culture, drawing large crowds who often turn these games into all-day events.
Given their popularity, these events are a local marketing opportunity that businesses can't afford to ignore. While only deep-pocketed organizations can afford commercial air time, in-stadium sponsorships and paid partnerships with the team, there are several steps any local business can take to use sporting events as a tool for engaging the local community. Here are some cost-effective ways to capitalize on the buzz.
It's estimated that about 200 million people use ad blockers and nearly everyone with internet access will press "skip ad" as soon as they have the chance. This is why telling your story is more important than ever. You should be what consumers want — don't get in the way of it.
Logos, slogans, and images are all effective at connecting with a target audience and leaving a lasting impression. But these assets all gain value when they are fully integrated with the brand's larger narrative.
Because of its reach, digital marketing has been especially helpful to the rise of brand storytelling. With ads and marketing content taking many forms across many channels, marketers face an ever-growing need to unify this content under the banner of a larger, consistent theme/brand. The brand's story serves as a natural solution, providing a direction for ad and campaign creation while laying the foundation for a branded experience that can grow and evolve over time.
In general, marketing isn't a "life or death" career. But for healthcare marketing professionals, that's not necessarily the case. Knowing how to successfully connect doctors with patients isn't only important for physicians trying to build their practice — it could save someone's life.
One of the most recent trends in the healthcare industry is multichannel marketing, which is the practice of reaching patients using a combination of indirect and direct communication methods. An example of this type of campaign might be a combination of social media posts, TV commercials and email campaigns that all share similar imagery and messaging. And though this type of marketing is effective across many industries, adoption of multichannel strategies has been slow, according to eMarketer.
For many, the concept of a persona likely conjures up images of false or created identities, often used in fictional stories to help super spies, evil villains or even dashing heroes foil their opponents. And while this concept is fascinating in this context, marketers know there are real-world applications for personas as well.
Known specifically as audience personas, this marketing tool can make your business more efficient, bring in more conversions and even help you make decisions for your business that extend far beyond just marketing. With all this considered, it's no wonder why 63 percent of marketers surveyed in a study by Curata noted that they create content with the use of buyer personas. But first, let's start off with the basics.
Facebook video is big. According to Facebook's 2016 Q4 earnings call, people are watching 100 million hours of video per day on the platform, a number expected to rise even further in the future. Video marketing is also growing as well, as eMarketer reported that 63% of marketers plan to increase their social video spending in the next 12 months, with much of that going to the social media giant. However, if you're just getting started with Facebook video advertising and wonder how you can boost your viewership, here are three tips and tricks you can use to get ahead of the game.
Imagine you order a piece of furniture online. Much to your chagrin, it arrives unassembled in a box filled with various parts, dozens of tiny nuts and bolts and an instruction pamphlet the size of "War and Peace." But before you dive in, you search online and discover the manufacturer has created an easy-to-follow, step-by-step video. Less than an hour later, you're admiring your new piece of furniture from the couch with a cold drink.
Convenience is just one of the many reasons people love videos and why YouTube has more than one billion users, the video website explains. An explainer video or a short clip that gives a simple and concise description of a company's product or service helps break down complex topics and makes brands more memorable.