In an ever-connected world, how is it that brands are more disconnected than ever with their audience? According to Forbes, “only 13% of consumers said that content from a brand is impactful and a mere 8% said influencer-created content would highly impact their purchasing decisions.” So, what’s going on that despite all these digital spaces to meet customers where they are at, brands still can’t connect with their audiences? Well, let’s start with the obvious. The pandemic changed everything. The way we work is no longer a 9-5 in an office and probably won't ever be again. According to HubSpot, “40% o
Found Content is the New Word of Mouth
Word of mouth marketing is the oldest advertising strategy out there. Although times may have changed greatly to that of a digital age, one thing is for sure, WOM is still the most common way that people find a brand. 92% of consumers trust recommendations from friends and WOM marketing influences 99% of B2B purchases. Those numbers are truly staggering. In our digital world, WOM is no longer restricted its literal meaning. It now extends into the online space and is just as important, if not more, on social media. This is the new word of mouth. Instead of telling one or a few people, you can tell thousands if not millions. It will spread through the grape vine quickly.
Increasing Creative Control Through Found Content
Creative Control: the power to exercise the final authority over the planning and execution of an artistic medium, such as a film, commercial, a song, etc. We often think of produced shoots as having complete, immense creative control from the production and directing teams from start to finish of a campaign or project. However, here at Locomotive, we believe that when using found content in marketing and advertising campaigns, it in fact gives the team more creative control than that of a produced shoot. Not to mention it saves time, money and the environment.
Found Content: Recession Proofing Costs
Americans feel terribly about the state of the economy right now. We can’t say we disagree. Just this week we wrote an article on holiday consumer spending trends during times of financial distress this season. Advertising agencies and brands are not immune to the economic hardships that we are all currently facing. Everyone is navigating budget cuts for advertising spend. This is yet another reason how found content in your marketing and advertising strategies can help recession proof your brand’s budget this year. The cost effectiveness of UGC makes for a good plan to combat these budget cuts and rising cost of production.
Explanation of Terms in the UGC Space
UGC. User generated content. Sourced content. Found content. What do all these terms mean? People get confused by what it is and how they are different. We thought we’d clarify a few things for you. They’re not different. All of these terms are literally synonymous with one another! They all mean the exact same thing. It’s anything on the internet.
