Why is empathy so important right now to consumers? The pandemic was absolutely dreadful BUT… it did drive some good shifts and this was definitely one of them. People want to feel some sort of connection with the brands that they decide to support. Now more so than ever. According to Harvard Business Review, “25% of people are healthy first, 16% planet first, and 15% are now society first.”
Video Advertising
92% of B2B prospects consume online video (Whiteboard Animation). This isn’t surprising since the rise of social media platforms that push video formats in the recent decade. In today’s society, banner advertising is a dying art form and the rise of digital video content advertising is here. There are many reasons for video format being at the forefront of the advertising space and, one of these being that little device that fits in your back pocket.
Harnessing Influencers for Marketing
Influencers… we can all name at least one in this day in age. Jake Paul for example has set out and created a great business for himself through YouTube and now in the boxing arena. Although, let’s be honest the guy can’t box. They just feed him poor old men who were once previously good Mixed Martial Arts fighters. Big difference from real boxers. Nonetheless, he’s made millions through his marketing strategy as an influencer. But how can brands harness the power of these influencers and what are the reasons they would even want to?
Marketing Challenge Predictions 2022
Now nearing the end of the pandemic 2022, the marketing and advertising industries will be facing their own new challenges as a result. There are many different opinions of what types of hurdles will come this year but we’ve put together a list of the top 5 that seem to be on every bullet point list out there right now.
Cost Effectiveness of UGC Marketing & Advertising
Increasing External Brand Engagement with Sourced Content
Let’s talk about why brand engagement even matters but first, it’s important to know that there are two types of brand engagement: internal and external. Internal is that within the company through engaging with employees. External is engagement with the brand audience and what we will focus on in this article. External customer engagement is all about the emotional connection to the brand itself.
What is it Exactly That We Do?
To sum it all up, sourced content is a fairly new a niche field. Brands go to advertising agencies to create commercials that need user generated content. They then hire us to find that content. We find it. The ad agency decides which content they wish to use. Then, we get the rights for the content by purchasing usage for a specified term, wrap it up all nice a pretty and sent it on back to our clients.
The Continued Rise of UGC
As we are finally seeing the light at the end of the pandemic tunnel we can’t deny that this worldwide crisis changed us all in more ways than one. It shifted our mindsets and priorities in ways that most of us never saw coming. Some for the good and some for the not so good. In any case, it put most professionals from every background in a position of sink or swim. Adapt and evolve or face the consequences. This is also true for the advertising industry. As production shut down we saw a spiked increase in the use of user generated content in ads due to its accessibility and cost effectiveness. I mean, what better way to make the best of a bad situation when you can’t hire a team to shoot your next commercial. Brilliant really. Use what is already there and as an added bonus, people really resonate with content they can share an emotional response with. Think back to all of those “we’re in this together” commercials with clips of people banging pots and pans on their balconies and seeing family through the windows of their homes. All shot by someone who just wanted to capture a moment in time from their life. Every single person on the planet can relate to this content as we were all in the same boat at the same time. Let’s face it, the first time we all saw these commercials we probably all felt the same heartwarming emotions. Although, this type of content marketing was not new, it now took the spotlight. According to Forbes this sourced content marketing is now here to stay and not only that, it is on the rise. This makes sense as companies begin to reap the benefits of this type of advertising. So many in fact I’m not going to name them all here. That’s another blog all in itself. However, I will say that some of the top reasons to utilize UGC is that it is literally everywhere, it is for everyone, and it is authentic (ADAGE). This translates into an unlimited library of freshly uploaded content often. According to an article found in Hubspot, 31% of consumers actually find it more memorable than traditional forms of marketing. Finally, authentic content that is relatable will resonate with consumers. In short, UGC isn’t going anywhere. In fact, it’s the opposite. As the number of social media users continue to increase (Statista), it seems only natural that digital marketing will turn to sourced content from these platforms for their audiences.
