Retail

108 posts categorized

July 29, 2015

Marketing Has Gone Hyper Local

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When geo-targeting technology first began to emerge a few years ago, small regional businesses of all kinds were given the opportunity to market themselves to larger numbers of potential customers than ever before.

As a mobile marketing tool, geo-location was a gift to retailers looking to attract more walk-in business. It enabled businesses to target users to within a square foot, sending time limited discounts and special offers only to those people most likely to take advantage.

As region-specific mobile marketing tactics become more sophisticated, SMB owners have a dizzying array of options: beacons, GPS, location information garnered from previous interactions - they’ve all ushered in a new era of hyper-localized marketing. 

Such accurate technology is helping local businesses maximize efficiency on tight budgets. Even without geo-location, mobile marketing tactics are already the most cost-effective way to reach more people. With it, that cost-efficiency improves further still, granting small companies a way to reach the widest customer base they can realistically serve. 

It looks like an exciting future for targeted mobile marketing. The technology has already reached lofty levels of sophistication, but there are a few places it can go. Some mobile marketing analysts are looking towards pitching discounts according to what the weather’s doing. It’s certainly not relevant for every type of business, but bars serving cold drinks on an outside patio would love to know if it’s about to rain just before they’ve sent half-off mobile coupons. Other local data like traffic conditions could begin to play a role in geo-targeted advertising. 

One thing’s for sure: these tools are allowing creative, imaginative marketers to realize their wildest dreams without being thwarted by technological limitations. If the rapid rate of development continues at the same pace, mobile marketing tactics will look very different in a decade - exactly how different is anybody’s guess.

July 22, 2015

How to Drive High Quality Traffic through Mobile Advertising

 

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Advertising is the shape-shifter of the business world. It has gone through more changes and taken on more forms than anyone could count. 50 years ago, advertising consisted of radio, print, and concrete materials. Pens and nail files with business information were the name of the game to gain exposure. Since then, as we all know, the business world has become more interconnected than ever, with your potential consumer only a click away. Customers hold the buying power in their hands and can take that power with them, wherever they go, at any time of day. I’m talking about the power of mobile.

So how do you achieve the high quality traffic, boosting your business, and creating long-term clients through mobile marketing? Well, the truth is, the answer is different for everyone. However there are some key points, a mobile mapping blue-print to follow, that can lay the ground work for gaining the visibility, quality, and conversion rate you desire.

 

Knowing Where Your Consumers Spend Their Time

Mobile marketing should be thought of as an opportunity to target potential customers with quality advertising content that can be personalized and optimized to each consumer base, instead of settling for quantity. However, engaging in quality advertising through mobile starts with knowing where to find that potential consumer base.  

Mass media marketing platforms like public radio, TV commercials, newspaper, or even print magazine ads might sound good, but they are only a nostalgic means to a non-profitable end. Smartphones, tablets, laptops—these platforms are the new launching pads for quality targeting and customer access. In an article by Venturebeat.com, it was revealed that consumer’s time spent on digital is now 46% compared to 36% on TV. The digital age has empowered the individual. It’s time to listen and understand how younger generations are consuming information and making buying decisions in order to even begin crafting quality mobile advertising efforts to successfully market your product or service in today’s world.

 

Get Responsive

First, is your business equipped for mobile platforms? It can be an immediate turn-off for potential consumers to find an outdated, unresponsive website. From design, screen size, and having an interactive, engaging mobile site—there is nothing more important to quality mobile advertising than being able to grab the consumer’s attention within the first few seconds.

 

Use Every Medium 

Part of grabbing and retaining a consumer’s attention means expanding the scope of your mediums in use. Videos, pictures, gifs, memes, blogs, social media campaigns, testimonials, surveys, questions, contests, best of lists—your business’s mobile presence can’t just be about a website and paid advertising (although that’s part of it); it should cover all the current hotspots where people are spending their time.

 

Remain Flexible

In the end, your philosophy on the business’ mobile advertising efforts should always remain open and flexible. Gain as much knowledge as you can on how to maximize your mobile budget, where to utilize paid advertising, why and if developing an app is important to your business (spoiler alert it is), and what programs (Facebook and Google Admob, etc.) are the best when it comes to utilizing paid mobile media advertising. 

The options in mobile advertising are limitless, as are the potential gains. Even though the digital age has empowered consumers, it has allowed businesses of all sizes and shapes to reach and engage consumers like never before. Mobile advertising is no longer the future—it’s the present, and it’s time to take notice.

July 20, 2015

Android Leads the U.S. Market but Trails in Europe

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According to a recent report by Kantar Worldpanel ComTech, the Android OS increased its market share by 2.8% at the end of a three month period; leading the US with an overall market share of 64.9%. The first full month of sales for Samsung’s latest Galaxy device propelled the company forward year-over-year in the US. However, the same did not hold true for the EU market, where sales have slowed throughout the big five: Germany, Great Britain, France, Spain and Italy. 

According to the report, iOS users in the US began to drop off as the shares declined period-over-period and year-over-year. Meanwhile, in Europe, the demand for the iPhone 6 has been steadfast, with the latest model reaching unprecedented success in Great Britain, Germany and France. 

Android-based smartphones received assisted growth from LG, which nearly doubled its US shares year-over-year. This was not the case in Europe. Android vendors in Europe had to count on winning new users away from apple—which has seen little success. Ending in May, only 5% of new Android users switched from apple; down from 11% percent during the same period the year before. 

The Galaxy S6 has been reported as the third best-selling device in the US, just behind the iPhone 6 and its Samsung predecessor the Galaxy S5. Samsung’s year-over-year success is up as well, down only .5% compared to 1.6% in three months ending in April.

Other foreign markets are shifting as the smartphone wars wage on. Urban China, for example, has introduced a third contender to a once two-pronged industry. Currently apple leads in China, followed by Huawei and third competitor Xiaomi. The three are all within half a percentage point share of each other, though considerable differences in niche markets may explain the spread. 

In China, Apple’s sales continually come from high-income users and throughout the most prominent cities: Beijing, Guangzhou, Shanghai, and Shenzhen. Close to 7% of apple’s total sales in China are from these affluent areas, while Xiaomi only captures 2% of this same market.  

In urban China, Huawei became the best-selling Android device brand. Thirty-nine percent of Huawei’s sales come from users with a monthly income of less than 2,000 RMBs.  

With several markets developing new infrastructure, the likeliness of new users is on the horizon in several underdeveloped countries. With Apple prices comparatively high, it’s left considerable room for competitors to come in and offer less expensive alternatives. 

July 09, 2015

MMS Mythbusters

Billions of rich media messages are sent and received every month, but Multimedia Messaging Service (MMS) as a marketing tool remains widely misunderstood. Check out our infographic, MMS Mythbusters, to learn five common myths about MMS and uncover the truth behind these misconceptions. 

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July 01, 2015

Mobile Marketing Tactics for July 4th

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Independence Day is around the corner, and that means a marked increase in consumer spending across a variety of industries. As per the overall trend away from desktop, the majority of online shoppers will search on their smartphones, so it’s important to target mobile device users if you want to make the most of the holiday. 

Whatever line of business you’re in, give your July 4th a boost with some of these mobile marketing tactics:

 

Social Media Photo Competition

Use the power of social media to drive user engagement. A photo competition relevant to your industry, with a Independence Day-themed hashtag, can start the all-important online conversation. Do it right and you may even go viral!

Give Free Stuff Away

People. Love. Free. Stuff. That’s unlikely to ever change, which makes freebies the evergreen classic of the marketing world. Start an text message marketing campaign to let the world know about your free offer. The bigger and better it is, the more people will share it, and the more sign ups you’ll generate. It’s going to be a loss leader anyway - so you may as well go all out. If you generate long-term mobile contacts from a free giveaway, it’ll be well worth it. 

Tweet

Tweeting about special offers can work magic. Twitter is capable of disseminating information at incredible speeds, if an idea catches the imagination of enough people. You can even use apps like Viral to hide discounts until they’ve been retweeted a certain number of time, allowing you to control that 50% discount so that it works for you, or not at all. 

Themed Games

July 4th is a time for fun and games. Why not run a trivia quiz relating to the holiday. Offer a big prize to the winner, and multiple smaller prizes for runners up.  

Partner Up

Creating partnerships is an essential part of any business. It could be with other local businesses, but with the proliferation of social media accounts and other online networks, there’s a striking new type of partnership on the marketing scene: your employees. Most employees will be willing to spread your July 4th mobile marketing campaign to their friends and family, especially if it’s a fun video or themed song. If you have 25 employees, each with a hundred friends on Facebook…well, you can do the math!

June 24, 2015

5 MMS Marketing Tactics

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MMS marketing has been around for a few years, but when it comes to launching a new product or promotion, most business still limit themselves to SMS messaging. Mobile coupons and other offers are usually plain text affairs, and the popularity of shortcodes and keywords has caused many businesses to lose sight of the bigger picture.

This is somewhat surprising given the wide availability of MMS, which allows brands to entice customers with images as well as words. If you’re interested in harnessing the power of rich media to give your mobile marketing campaign a shot in the arm, consider the following applications of MMS:

 

Show & Tell

The visual element that’s so important to advertising has taken a backseat in text message marketing. Sure, you can (and should) include a link to your website, but in the hyper-competitive world of modern marketing, the fewer steps the consumer needs to take, the better. The food industry is probably the most obvious beneficiary of image-based advertising; MMS allows you to send the 2-for-1 pizza promo deal and a tasty picture of the pie. Visual stimulus will get mouths watering far more than mere words.

 

Text to Win

Use your existing subscriber base to introduce loyal customers to new products with MMS. To generate interaction, run a competition with the product shown as the prize.

 

Text to Reserve

Again, mobile marketing tactics that use SMS messaging can be modified for MMS. If you run a restaurant, send picture messages of the latest meal specials and offer a time-limited promo deal to respondents.  

 

Text to Vote

Running a poll or survey can be more effective with MMS than with standard text messaging. Encourage subscribers to vote on which appetizer they would prefer, along with a picture of each dish. Set up keywords to represent each appetizer (WINGS/SOUP-DU-JOUR/etc) and allow respondents to vote on the nicest looking dish, or the dish they’d prefer to see on your menu. Not only will you encourage engagement by the vote, you’ll have created targeted lists of customers based on food preference.  

 

Text to Connect

Stay in touch with subscribers with the right MMS campaign and you’ll see interaction increase. As long as you offer something of value, the underlying impetus behind your campaign can simply be to remain connected with your customer base. Keep such messages to a minimum. A ‘text to connect’ picture message should only be used if you don’t have any current promos, you haven’t reached out to your contacts for a while and you can create a special offer to be included in the message.

June 16, 2015

How SMS can Save Summer

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As the weather starts to heat up, annual summer vacations enjoy a revival. Airplane travel has become a popular and affordable way to travel these days, yet it has taken forever for the air travel industry to catch up with the mobile revolution. In fact, while travel and hospitality seem to lead innovation regarding user experience depicted through mobile, air transportation has done little in the way of making flights more mobile friendly.

And it doesn’t stop there. There are several ways to improve a summer traveler’s experiences with the help of mobile. Here’s a list of improvements every vacation could benefit from.

 

Mobile Ticket Purchase

According to Text Marketer, one in five international vacations were booked via mobile device. Travelers love great deals, so when there’s an extra passenger seat available at a discount, communicating those savings to loyal customers can be a great benefit. Frost and Sullivan report that consumers are 98% more likely to respond to a SMS message compared to regular emails. Using mobile to showcase great deals is a win-win situation.

 

Mobile Check-in 

One of the most common complaints about air travel is a long check-in line. Instead of numerous lines for check-in, offering a mobile responsive check-in service provide allow passengers ease of mind while they make their way through security and to their final boarding gate. It’s one less step that could make a huge impact on a customer’s flying experience.

 

Retail Opportunities

When travelers are stuck with a long layover or change in flight schedule, nothing beats duty-free shopping. Retail locations in airports have become incredibly lucrative for a variety of vendors. SMS marketing coupons are 10 times more likely to be redeemed than mail or newspaper ads. Using beacon technology to offer special discounts or special offers is a great way to use mobile effectively.

 

In Flight Upgrades

Some aircrafts currently offer WiFi access for a small fee, but many planes have yet to be fully upgraded. While placing phone calls or texting may be unsafe, even in the future, it would seem that offering Wi-Fi access during all flights could make a customer’s flight much more productive and enjoyable.

 

Mobile Accommodations

In addition to improving mobile for air travel, hotel accommodations are jumping on the wagon. Hilton hotels recently announced a smartphone check-in service to debut sometime in 2016. The app will allow guests to search and purchase a room via mobile. The mobile device also acts as a room key and can quickly connect with hotel staff or services via text message.

There are several ways to save summer with unique mobile initiatives that will ultimately benefit both the traveler and companies alike. 

 

June 14, 2015

6 of the Best Summer Marketing Campaigns

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Some summer marketing campaigns are truly awesome, and remain in consumer minds for many seasons. If agonizing about your summer marketing campaign or how you can possibly craft one consumers will love, throw something on the grill and check out six of the very best summer marketing campaigns (possibly) ever: 

 

Share a Coke Campaign

The Share a Coke campaign by Coca-Cola was hugely successful, and based on the idea that people looovve their names on things. The company put names on their cans and bottles, such as those that read “Share a Coke With Alyx.” As seen by the spelling of “Alyx,” Coca-Cola went a step further and make it possible for those with unusually-spelled or unique names to personalize their own bottles. They named their campaign after their call to action, which is quite brilliant, and even came up with ways to ensure sharing. For example, the soda brand had vending machines at the Minnesota State Fair where you could personalize a can for free.

 

Pacifico’s “Well-Traveled Beer” Campaign

In June of 2011 brewing company Pacifico did a road trip from Mexico to the U.S. and stopped in five cities along the way. They brought kegs to surfer get-togethers, bonfire parties, etc. and documented their journey via photos, videos, and status updates. Brand engagement and excitement resulted.

 

Pixar and Disney’s Monsters University Campaign 

In preparation for the 2012 summer release of Monsters University, Disney and Pixar created a Monsters University website featuring information on monster sports teams, School of Scaring tours, famous alumni, news and events, etc. It looked like a real university website and created plenty of movie buzz.

 

Atlantic City Alliance ‘Do AC’ Campaign

In April of last year, the Atlantic City Alliance dealt with a casino closings and a drop in tourism by launching the $20 million ‘Do AC’ campaign. Entitled ‘Do Anything. Do Everything. Do AC.,’ the campaign was created to expand on the beach city’s image and take it from gaming destination to family-friendly vacation destination. Ads were crafted for television, print, billboard, and digital advertising. 

A bold rebranding move, it nevertheless worked, and capitalized on the idea that people want to be “seen” in AC enjoying all of its many attractions, not just casinos. 

 

IKEA’s Books on the Beach Campaign 

IKEA celebrated Billy Bookshelf’s 30th birthday in 2013 by erecting several of their Billy bookshelves (filled with books) on Bondi Beach in Australia. Beach-goers could take a book in exchange for donating to the Australian Literacy and Numeracy Foundation. The campaign therefore promoted IKEA as a compassionate brand while simultaneously advertising the Billy.

 

Starbucks Frappuccino Fun All Summer Long Campaign

In 2014 Starbucks launched their Frappuccino Fun All Summer Long campaign, an SMS and MMS campaign. The coffee bigwig posted a message to its Facebook page encouraging consumers to text the keyword STRAW to 22122 with an image of a Frappuccino. Consumers had to draw eyes on their frappucino, and the copy read “What has a green straw and wishes it had thumbs? This guy.”

 

 

 

June 12, 2015

Millennials Prefer Apps to Ads

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Mobile marketing provides a business with the ability to reach customers and potential customers anywhere at any time. And while this is a great, great concept, other businesses are attempting the exact same thing. It therefore follows that trying to stand out from competitors gets tricky.

Those interested in reaching millennials need to realize that the key to mobile marketing isn’t about ads, no matter how snazzy they may be. It’s about apps. 

 

Why Millennials Matter 

Wondering why millennials matter in the first place? According to a study by Oracle, 85 percent of people ages 18 to 34 fit the “Millennial” label, and currently own a smartphone. This sizable chunk of the population bought a whole lot of smartphones in the past year, rising 23 percent in 2014 from the previous year. This indicates that millennials are not only using smartphones, but that interest in the devices is increasing. 

 

Their Mobile Activity

So what do millennials use their smartphones for? A wide range of things, according to Oracle. This includes paying bills, using social media, researching local businesses, and more. Millennials use their apps for the majority of these activities--for example, the social media juggernaut Instagram is an app. Oracle notes the top three reported uses regarding apps are 1) uploading media content (75 percent), 2) product purchasing (74 percent), and transferring funds to a friend (61 percent). 

It was also reported that across all usage options, millennials went for smartphones over tablets two to one. 

 

Using Apps Effectively 

The main proverbial road block regarding apps and the brands that utilize them is the near-constant maintenance and development. While not exactly cheap, it’s still very possible to utilize apps and see a return on investment. Check it out: 

  • Performance Over Features: Go for performance instead of features, as poor performance and speed are the main reasons millennials eskew apps. 
  • Account/Money Management: If possible, provide user accounts and or money management through your app. Millennials are huge fans of using apps to make purchases and deal with billing. 
  • Sharing is Caring: Share deals, discounts, event information, and other fun stuff on your apps, but don’t go overboard. While millennials enjoy receiving regular app updates, they don’t enjoy being inundated. Think of how often websites and social media channels provide updates and ensure you don’t exceed them. 

Wrap-Up

If your brand isn’t as hip in the app department as you’d like, don’t despair. Find ways of utilizing existing apps to your mobile marketing advantage, or try partnering with other companies and their subsequent apps to improve your audience’s experience. 

 

 

May 30, 2015

TextStyle: Nordstrom's Entry into Text Message Shopping

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Shopping addicts beware: one of your favorite luxury retailers has just made it that much easier to shop through your mobile device. The higher-ups at Nordstrom are determined to solidify their foothold in the e-commerce world, and with their new tech tool that allows shopping via text, they’re well on their way. 

Certainly a method of encouraging overspending, TextStyle is a new text shopping service that allows consumers to make purchases based on recommendations sent over the phone by a personal shopper or by a favorite salesperson. The tool allows Nordstrom to remain competitive, as the store and fellow luxury retailers are engaged in a race to provide customers with new shopping options and related technology.  

Nordstrom currently gets 21 percent of its revenue from e-commerce. The company’s multi-year, $1.5 billion plan is all about “pushing its tech firepower forward,” especially as rivals such as Barneys New York, Macy’s, and Neiman Marcus are also spending a lot on retail tech. 

TextStyle is a proprietary NEXT opt-in, a secure one-on-one service that allows Nordstrom customers to get in touch with sales associates through text message if that’s their prefered communication method. A shopper or the salesperson sends private messages with an image or description of the product, and if interested, the shopper sends a “buy” reply and enters a unique code. The transaction is complete using the shopper’s account at nordstrom.com. 

Since personalized service is a huge component of luxury shopping, it makes perfect sense to incorporate such service into e-commerce. Neiman Marcus gave its 5,000 salespeople Apple iPhones some four years ago so they could text customers about the latest designer handbag or shoe arrival. 

“TextStyle is an important step forward in our efforts to connect with customers on their terms,” Scott Jones, Nordstrom’s VP of Personalization, told Fortune, remarking that the tool is a way the retailer is hoping to be “relevant for customers.”

Both Norstrom’s TextStyle and Neiman Marcus’s iPhone-armed sales associates are hailed as the “little black book associates” of the 21st century. Luxury retailers have always kept tabs on their best customers and what they liked to purchase, and are simply reformatting their “books” in regards to e-commerce. 

Which other luxury retailers will follow Nordstrom and Neiman Marcus and create their own shopping apps and text message services? Most likely all of them, especially since e-commerce isn’t going anywhere anytime soon.