According to a report by Power Reviews Visual Content influences purchase behavior. Here are five key stats from the report “Snapshot for Ecommerce“. Key Stat One 81 percent of those age 18-29 say they regularly or always seek out visual content, compared to 72 percent of consumers of all ages, prior to making a purchase. […]
Category: Digital Trends
Key Insights For Increasing Subscription Box Sales
Subscription Box Service and Products are trending for social commerce with a predictable profitability model on account of high retention rate and recurring revenue. According to a research study by Hitwise, earlier this year, as high as 53 percent subscribers are mobile first with Search and Social bringing in disproportionately higher traffic. Search Campaigns Are Key […]
Five Golden Rules To Win With User Generated Content
UGC, User Generated Content resonates better with the conversion rates for UGC being 5X higher. Brands have reportedly seen an increase of 10 percent in conversion rates when User generated content has been used in the buyer journey. While Sweepstakes is a commonly used tactic to expand reach for your campaigns, UGC helps you target your existing customers creating a deeper bond with your brand. According to a Forrester research on UGC, User Generated content is helpful through all stages of buyer journey, making it a key tactic for new product launches.
Consumers research more and more products online and on the go. Consumers don’t just research big-ticket items like cars or computers, they research everyday purchases like toothpaste and cereal.
Marketers view user-generated content as a critical tool during the early stages of the customer life cycle.
Marketers employ UGC as a key component of new product launches. For leading consumer packaged goods (CPG) marketers, user-generated content has become a key tactic for new product launches — the lifeblood of CPG brands
Awareness Campaigns For Storytelling
Campaigns that are designed to harness the power of UGC require an awareness campaign that positions the campaign to be unique enough for audiences to react, engage and share. Generating awareness with existing fans and followers can increase conversions from your Sweepstakes Contest.
In a User Generated Content Campaign, Under Armour has effectively used Video advertising to create awareness with a YouTube video to promote the contest with hashtags #RuleYourself and #IWill.
Customer Centricity
Consumers have a world of content to choose from. If you are too self-serving, you will turn customers away. Instead, focus on your customers’ needs to provide value-added content that puts customer first, product or brand second. Include ratings and reviews wherever possible.
At the same time harness the power of endorsement, turning referrals into a point that creates compelling messages for your audience.
According to Forrester’s report, “Harness the power of peer-to-peer endorsements by sharing them widely. Incorporate stellar ratings or innovative product uses into point-of-sale materials and online or mobile ads. One CPG manufacturer learned that display ads that incorporate ratings and reviews drove higher web traffic and conversion than ads without such information”.
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Mobile Advertising Growth Accelerates
Mobile Advertising is projected to increase by 66 percent as per the KPCB Internet Trends Report. eCommerce as a percentage of Total Retail sales continues to grow making for a 12 percent share of retail sales. Mobile advertising presents the greatest opportunity for advertisers. Snapchat’s Daily Video Views are at 10 Billion per day, as […]
