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POWERSHIFT MARKETING THIS WEEK

July 23, 2020

THIS WEEK  – Here are some marketing tips and research thoughts for your week. As always, contact me if you have any questions or topics you would like me to cover.

TIME TO GO NATIVE?

One of the biggest growth areas in online marketing is the use of native ads. These ads look like stories. I am sure you have seen these; I’ve included an example below. They are labeled “ads,” but they still get almost 3x the “click thru rate” compared to banner ads.

We’ve been running highly successful native campaigns for our clients for years. If you have not used them and want to test their use, we just launched a new GO NATIVE cooperative program that lets you run a 30 day campaign, targeting 10 zip codes of your choice, for as little as $420. If you are interested in more information, contact us.

THE BIG TWO

Speaking of online advertising, the majority of digital display ad  revenue goes to two companies: Facebook (42%) and Google (11%). Another 12% went to other tech companies, including Amazon; Verizon Media Group, which owns Yahoo and AOL; Twitter; and Microsoft, among others. I suspect that Facebook is now losing market share because of the July boycott and the challenge of controlling content.

THE FUTURE OF COVID-19?

Well, no one really has a crystal ball that works, that is why research is critical. As the country begins locking down again and demanding mask wearing, just wanted to remind everyone about our syndicated study “Understanding the Consumer in a Covid World. This survey offers industry specific research: lodging, restaurants, destination marketing organizations, etc. If you have a customer email list, we can provide you with decision making data. Email me now to learn more.

THE SHY TRUMP

I keep warning people not to take presidential polls too seriously in July. I believe that many people being asked for their opinion fall into the “shy Trump”  phenomenon: the idea that some people who support Trump will refuse to tell pollsters that they plan to vote for him, out of fear that they will be judged negatively for it. This phenomenon can happen with any poll. People have a tendency to give answers that they think will make them sound smart and culturally correct. That is why research design and analysis is so important.

Now, some researchers disagree that this “shy Trump” affect had any impacted in the 2016 election. If you are interested in a scholarly look at what happened in 2016, you can read this very detailed report. It is kind of overkill, but interesting. Click here.

CONGRESS GOES SOCIAL

The President’s use of Twitter has dramatically changed the congressional social media landscape, according to PEW Research. Compared with a similar time period in 2016, the typical member of Congress now tweets nearly twice as often, has nearly three times as many followers and receives more than six times as many retweets on an average post. On Facebook, the typical member produces 48% more posts and has increased their total number of followers by half.

THE STREAM TURNS TO A RIVER

Living in a COVID-19 world has made streaming services a major winner. According to MoffettNathanson, a market-research firm, during the second quarter of 2020 Netflix was in  73% of American homes, Amazon Prime was in roughly 51%, and Hulu was in 36%. Disney+ is now in 28% and Apple TV+ is in 7%. Interestingly, the launch of Apple’s and Disney’s services didn’t bring a noticeable drop in their rivals’ numbers. Now NBC’s Peacock has just joined the streaming team. If you have not explored marketing on streaming services, you are behind the curve.

$21,000 PER MINUTE

Ending with some fun facts. That is what Amazon spends on advertising and promotion last year, according to the Ad Age Datacenter. It’s now the top U.S. advertiser. Here are some other facts about Amazon’s dominance online. Their cloud service (Amazon Web Services) controls 40% of the market, running the backend for Netflix, Pinterest, Slack, and dozens of other services. Bank of America estimates Amazon currently has about 44% of U.S. e-commerce market share. Almost 90% of UK shoppers use Amazon. No wonder that Jeff Bezos is the richest person in America according to Forbes.

Until next time, stay safe, stay healthy, stay positive.

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