Showing posts with label Logos. Show all posts
Showing posts with label Logos. Show all posts

Wednesday, 20 July 2016

Social Insights on Video Marketing in the Age of YouTube


Down ‘n’ dirty or überposh, there’s a place for all quality of video marketing in the world today.
Recently we noted marketers’ growing acumen at not only parsing available social data, but also using the social media environment to probe the social community and glean consumer preferences and other social insights.  
We said, “Filling the role of the modern-day focus group, social media insights are also valuable for taking the temperature of the public on an idea such as a logo or slogan, a product or service. Testing the social media world’s tastes and perceptions allows for adjustment before launching, saving money and perhaps even preventing a catastrophic mistake.”
A recent experiment co-sponsored by Google and L’Oreal was one such probe that asked “whether storytelling changes for different age groups?” Results provided interesting insights into the minds of the under-45 crowd and how they respond to various styles of video marketing.
The study presented three L’Oreal ad spots (via YouTube) promoting a new eyeshadow. Researchers then documented which of the three had the greatest impact across three age groups: 18 to 24, 25 to 34 and 35 to 44.
The first ad is a traditional cosmetics commercial- gorgeous photography, high glamour. The kind of ad we’d expect to see on television. This one was named “The Glam.”
The second was more of a how-to video but still retained some glamorous elements. This one was called, “The Show.”
The third, named “The Tell,” was a user-generated DIY video. A regular “girl next door” talking about the makeup and how to apply it. Straight forward and practical.  
The results were both expected and surprising. Let’s explain…
“The Glam” scored very well, indeed. Topping the charts for both the 18-24 and 35-44 age groups, with no major difference in their rate of viewing.
The report states that “Regardless of age, "The Glam," the most traditionally structured and produced video, was the most "unskippable" ad with the strongest view-through rate (VTR).”
No real surprise here, right? We all love gorgeous images, compelling copy and a little eye candy never hurts. 
But here is where the experiment gets interesting.
Although “The Glam” view rates were 82% higher, it was “The Tell,” the DIY, user-generated styled video that did exceedingly well with the 18-24 age group (aka millennials) in the category of Ad Recall, coming in 100% higher than “The Glam.”
What the marketing study showed clearly was the changing generational tastes in regards to how marketed products are received. “The Glam” was accepted by all age groups as the highest visual quality with superior storytelling, but failed to provide the same viewer retention as “The Tell.” “The Tell” provided obvious how-to value and millennials had no problem accepting the unpolished amateur style of video. In addition, because “The Tell” felt more like “taking advice from a friend” it produced a click-through rate two times higher than the “The Glam” and “The Show,” meaning even in its bling-less status, the how-to video created a stronger call to action.
The report suggests millennials are miles more accepting of low-fi video production than the Gen Xer's… even when they know it’s an ad. For marketers that’s a pretty big deal. If the study proves accurate upon additional testing, anyone with a smartphone and some chutzpah can shoot marketing videos (bringing the cost to nearly zero) and still have the same chance at online virility, the holy grail of digital marketing.
All this to say, there appears to be a place for both “The Glam” and “The Tell” in today’s online marketplace, given the tastes of millennials to accept less traditional, high-gloss marketing as long as it offers legitimate value. This opens the door for greater marketing opportunities no matter what the budget.

For more articles on Sales and Marketing, visit smstudy.com.
Sources:
“2015 Will Be the Year of Video Marketing,” Tyler Lessard, Dec. 17, 2014 http://www.marketingprofs.com/articles/2014/26719/2015-will-be-the-year-of-video-marketing
“How Demographics and Storytelling Style Affect Video Ad Effectiveness,” Ben Jones, January 6. https://www.thinkwithgoogle.com/articles/how-demographics-storytelling-style-affect-video-ad-effectiveness.html?utm_source=LinkedIn&utm_medium=social&utm_campaign=Think
“In Search of Social Media Insights,” SMstudy.com. http://smstudy.com/Article/the-search-for-social-media-insights
Photo credit: Laura Lee Moreau

Thursday, 7 July 2016

What Did You Do When You Were Supposed to be Sleeping?




Sleep Cycle is an app that tracks your sleep cycle. Seems pretty simple, but looks can be deceiving. In November of 2015, just a few short months ago, the app was released to the public and the vote is in. Everyone loves it.
So, here’s what you do. First, download the app. Before you go to sleep set the alarm programmed in the app and the sleep cycle device will activate. Place your phone screen side down on your nightstand, plug in your charger, and, hopefully, have a great night of sleep.
When you wake up in the morning, the app provides you with a line graph that depicts how many hours you were in bed and how your sleep varied throughout the night from awake, sleep, and deep sleep.
I tried out the app for the first time last night and it appears as if I am a champion sleeper, but I moved 1,267 times. I am a champion sleeper that thrashes.
But that’s not all! The trends tab on the app is available to premium members, and it provides you with several different charts that display sleep quality, what time you went to bed, the amount of time in bed, and what time you woke up at for the week. It also gives you a percentage in regards to sleep quality. Did you sleep poorly because you ate dinner too late? Or did you wake up refreshed because you hit the gym the day before? The app will tell you. It also lets you know if your sleep quality was affected by air pressure, weather, or if you are a thrasher like me.
You get all of this information for a large fee of 83 cents a month (This is not a typo).
Sales and marketing professionals can learn a thing or two from Sleep Cycle. We, as people, are fascinated about sleep. We can’t study our own sleep patterns, considering we are sleeping, so it was all too fascinating to find out that I sleep the majority of my night in a deep sleep. I would have never known that. That’s how they get us in. It’s all a marketing ploy. And then for just 83 cents a month I can not only learn how I sleep, but I will learn how I can sleep better. Who doesn’t want to know that?
83 cents a month is nothing for us fortunate enough to be living in a first world country. We see the advantages for the app, sign up, and never unsubscribe because it is only 83 cents, even though we never use the app anymore and it has been long forgotten. And the money is just rolling in for Sleep Cycle.
(Applause for Sleep Cycle)
So what did they do right? First of all, it is a very big gamble to charge such a low monthly fee. But according to Marketing Strategy, book one in the SMstudy® Guide, it was a very calculated move with the help of secondary marketing research. “Secondary marketing research involves the use of content and information that is currently available within the company or in the market through primary research that has already been conducted and is readily obtainable through company reports, trade journals, industry publications, and/or the Internet.”
The very popular Fitbit will track your sleep, but it can cost upwards of 200 dollars. Fitbit sold nearly 11 million devices last year, so the market was there. From looking at information that was right at their fingertips, Sleep Cycle was able to build a sales and marketing plan that was destined to succeed.
I was pulled in by a marketing ploy and I didn’t even see it. That’s how you know a company is doing its job well. I look forward to going to sleep tonight, I have a competitive streak, so I want to beat last night’s amazing performance.
Give it a try, you know you want to.
For more information and resources about sales and marketing visit SMstudy.com.

Wednesday, 29 June 2016

Evolution of a Logo



Walk through any airport and you’ll experience the power of logo. Starbucks’ green siren beckons from down the terminal, easily recognized 200 yards away. Cinnabon’s royal blue ribbon assures you there’s a tasty treat waiting for you. McDonald’s, Burger King, TGIF, Chili’s—you know them. All have risen to the top of the logo ecosystem, known and understood by consumers across the country and often around the globe.
Communicating the “right” message via a logo is of critical importance throughout the life of any company. According to theSMstudy® Guide, “This image communicates the promise of value the customer will receive from [their] product or products.” A logo becomes the most recognizable symbol of a company or brand and ideally should be unique, adaptable, timeless and appropriate. These four characteristics identified by Inc. are considered essential for a great logo.
Having a unique logo is essential for companies or brands to be easily identifiable in the vast consumer marketplace, such as in the airport terminal scenario above. So when it comes to logo updates and changes, Business Insider reminds us that the process is a delicate one and that certain qualities must remain constant.
Business Insider’s Jason Nazar says, “Every brand hopes to elicit from its logo (a sense of) fondness and comfort with a touch of excitement. Every logo must walk the fine line between nostalgia and modernity; you want to remain your lovable self, while staying current.”
With all these factors to consider, logo evolution can become a dicey affair. But as Inc. points out, logo adaptability and appropriateness allow for, and indeed require, revamping from time to time. Many companies are willing to risk the public backlash—an ever-lurking possibility—and make changes for the sake of keeping up with customer tastes.
Companies have tackled the problem of keeping logos “lovable” but also making them “current” in various ways. Some companies have adopted a gradual design evolution approach while others have opted for more dramatic transformation.
One of the logo success stories that’s made gradual design iterations to reflect the changing tastes of customers over the years is the coffee giant Starbucks. Since its founding in 1971, Starbucks has evolved its logo to project a modern aesthetic yet keep its most memorable elements. 
Here you can see the evolution of the Starbucks logo … in 1971, 1992 and 2011.

Oftentimes, major logo alterations accompany big changes within a company. Moving into a new market or changing the name can present the opportunity for radical logo transformation.
One company that chose a more dramatic logo change was the luxury auto manufacturing company Mercedes Benz. Although the company had existed since 1883, the first Mercedes logo wasn’t introduced until 1902.  
The now famous three-point star was brought into the logo design in 1909 and has remained one of the logo constants despite various logo modernizations.
Here you can see the evolution of the Mercedes Benz logo from 1902 until modern day.

Regardless of where a company finds itself in the marketing process, the impression created by the face of the company (logo) is always something to keep at the forefront of the marketing strategy, whether the company is new and looking to create a great first impression or whether the company logo is well known to consumers but needs a little freshening up. [ML1] Whether the intention is to wow the marketplace with a new company presence or to freshen up the look of a well-recognized brand, a business’ marketing strategy should continually monitor the impression being created by the face of their company, their logo.
Inc., Lauren Cannon
http://www.inc.com/ss/4-characteristics-of-great-logo-design
Business Insider, Jason Nazar, Nov. 21, 2013
http://www.businessinsider.com/evolutions-of-the-biggest-business-logos-2013-11
SMstudy® Guide; Marketing Strategy, p. 19.http://www.smstudy.com/SMBOKGuide/Overview-of-SMstudy-Guide