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How to Start a Fire » Insights http://howtostartafire.canopybrandgroup.com Brought to you by Canopy Brand Group Mon, 18 Jun 2018 17:58:39 +0000 en-US hourly 1 https://wordpress.org/?v=4.2.37 Are Millennials Still Hot Stuff? Understanding Emerging Consumer Audiences http://howtostartafire.canopybrandgroup.com/are-millennials-still-hot-stuff-understanding-emerging-consumer-audiences/ http://howtostartafire.canopybrandgroup.com/are-millennials-still-hot-stuff-understanding-emerging-consumer-audiences/#comments Thu, 08 Feb 2018 22:19:34 +0000 http://howtostartafire.canopybrandgroup.com/?p=6947 Are Millennials Still Hot Stuff_ Understanding Emerging Consumer Audiences .docx

Marketing companies have been competing for the minds of millennials fiercely over the last few years – and for good reason.

Millennials represent about a quarter of the entire US population, and have over $200 billion in annual buying power. Though they have less discretionary income than Baby Boomers and older generations, they have a lot of influence – and are hard to reach with traditional marketing methods.

But are millennials still the hottest consumers out there? Or should we be focusing our efforts on a new generation of consumers? Here’s the scoop.

Millennials Are Still The Most Important Consumer Generation – For Now

Millennials are defined as individuals who were between 18-34 in 2015 by the Pew Research Center. They are just now entering the prime of their lives as consumers.

As millennials age, their income continues to grow as a generation. Most millennials are now out of college and working in professional careers, and millennials are the most educated generation to date.

This means that the buying power of millennials is only going to grow in future years, as they begin to start families and earn more discretionary income.

However, millennials will not stay at the top of the heap forever. As time goes on, Generation Z continues to grow – and a new generation of consumer is born.

Gen Z – The Largest Consumer Generation In History

Generation Z is defined as the “post-millennial” generation. While most definitions vary, it’s agreed that most Gen Z individuals were born around the year 2000 or later. This generation already makes up 25% of the population, and is forecasted to continue to grow.

As Gen Z becomes older, and younger people begin to enter the consumer market, they are likely to become the most highly sought-after consumer generation, just as millennials were before them.

Focus On Millennials In Marketing Efforts – But Don’t Forget About Gen Z!

How should brands market their products? Luckily, millennials and Gen Z both share a few common attributes. Consumers from both generations are tech-savvy and have quite a bit of influence on the market – and both Gen Z and millennial consumers do not respond well to traditional advertising methods.

While millennials should be the focus on most marketing efforts, Gen Z should not be overlooked. Brands should be using social media platforms like Snapchat, Instagram and Twitter to reach a younger audience, and should always be on the lookout for hot trends that could appeal to Gen Z consumers.

Conclusion

As time goes on, millennials will become less important as a consumer audience, and the importance of Gen Z will grow. So focus on millennials for now, but don’t forget about the younger generation.

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Unplug to Recharge http://howtostartafire.canopybrandgroup.com/unplug-to-recharge/ http://howtostartafire.canopybrandgroup.com/unplug-to-recharge/#comments Tue, 31 Oct 2017 17:23:33 +0000 http://howtostartafire.canopybrandgroup.com/?p=6905 Screen Shot 2017-10-31 at 1.09.26 PM

It was at a recent Dave Chappelle concert when it dawned on me the importance of disconnecting from the world. In between the profanities and lewd, vulgar, yet funny content, I found myself socializing and engaging with those around me more than usual. Was it because we shared a common emotion of laughter? Or the increased consumption of alcohol? NOPE! It was mostly due to the privacy and security precautions the venue took as part of the concert experience. (Really?!)

Before entering, each patron was asked to “lock” their phones in a sack, making them inaccessible until after the show. Part of this was to avoid anyone sharing the contents of the event. The other, which was not as overt, was to bring us back to a simpler time — a time when engaging and socializing with a human being was all we knew. A time when our eyes and ears were glued to a live event or conversation, rather than a screen in the palm of our hands. (Ahhh, the good old days!)

While some may think “down time” should be time spent being productive — I beg to differ. It should be time used to reconnect and recharge. I personally love when I am taking a flight somewhere and have to go into airplane mode. I am disconnected, and able to put my mind at ease for those few hours. I look at it as a reboot — an escape from the flood of information and content that invades my headspace almost every waking moment of the day.

Our brains already consume way too much information (11million bits per second to be accurate), and are more than likely overwhelmed and exhausted. Imagine a hamster on a wheel, at some point it’s little legs get tired and has to get off. Now imagine that hamster never getting off… that’s our brains. So it’s important to find ways to disconnect. If that means taking a walk outside, while leaving your phone at your desk, or just going into silent mode for a bit, I highly recommend it. You’ll find yourself and mind refreshed, making you a more productive and sharper you.

So let’s see if you can integrate this into your everyday. Try allotting 15min to your schedule for that walk, or going into silent mode (label it “Unavailable” on your shared calendars). See if you can make it a routine, and let us know how it’s working for you. I know from our side, it helps everyone here think clearer, which results in bigger ideas, better creative, and happier clients.

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Are Controversial Ads Worth It? http://howtostartafire.canopybrandgroup.com/are-controversial-ads-worth-it/ http://howtostartafire.canopybrandgroup.com/are-controversial-ads-worth-it/#comments Thu, 25 May 2017 15:26:40 +0000 http://howtostartafire.canopybrandgroup.com/?p=6791 tugofWar

The battle for attention in the advertising world is intense. Companies are finding it increasingly difficult to differentiate themselves from the competition. What is a company to do when the good ideas are either: taken, over-used, or cliché. How do they breakthrough, without breaking?

The growing trend to enter the consumer’s mind is to use controversy to excite, whether it means using humor or anger to grab attention. Controversial campaigns are high risk, high reward, so caution should be used when employing such tactics.

The recent viral advertisement campaign by Kmart, dubbed the #shipmypants ad, uses word play to promote Kmart’s shipping service. The responses have been between calling this ad, a smart, hilarious campaign, to sophomoric and cheap. Regardless, the numbers don’t lie, people are talking. Whether it’s good or bad, is still up for discussion.

Do you believe that any press is good press?

If you intend to use controversy to jumpstart a campaign here are some questions for you to answer. Since controversy evokes strong emotions:

1.Are you being controversial just to be controversial, or does it have a specific link to your brands purpose?
2.Does the dialog relate to your brand message and positioning, or is just a quick hit to highlight something new?
3. Have you prepared for the backlash and unexpected consequences?

When controversial marketing campaigns work, they usually have a high initial response rate but die off as quickly as they rise. So to sum this all up, are controversial ads worth it? In the short run, maybe, in the long run, no, unless you have a plan to continue the conversation. And if you’re going to go this route, do it sparingly as you cannot reliably gauge the response.

At the end of the day, if you are having trouble breaking through the white noise, what will you do? Play it safe or go for it?

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The Head Down Revolution http://howtostartafire.canopybrandgroup.com/the-head-down-revolution/ http://howtostartafire.canopybrandgroup.com/the-head-down-revolution/#comments Tue, 25 Apr 2017 20:21:39 +0000 http://howtostartafire.canopybrandgroup.com/?p=6760 Woman on city street looking at smartphone

If you live in a major metro market, then you know what it’s like to walk down the street and see 90% of the people with their heads down buried in their phone. I was one of those people, until I found myself standing in the middle of the street in Manhattan writing a text and nearly getting hit by a taxi. From that point on, I made sure that I was always looking up. But I am definitely in the minority. And this post is not about the safety, or lack thereof, when it comes to texting. It’s about how marketers can capitalize on this Head Down Revolution.

According to Statista, the U.S. mobile phone penetration has reached 81%, representing 223 million consumers. And those consumers spend an average of 4.7 hours per day glued to their smartphones. More importantly, is the role that texting now plays in our everyday lives, especially when it comes to marketing. For an eye-opening example, texts have a 99% open rate compared to 20% for email*. Pretty amazing, huh? Now I imagine that smartphones are currently in the midst of fine tuning their hardware to introduce features that can block such correspondence. But who knows when that will come?

So until that day, marketers have a humongous opportunity to take advantage and focus their outbound efforts on the behaviors of the smartphone user. A behavior that is now second nature, and while receiving a text from a brand may seem like a nuisance at first, it is certainly less of one than an email. Also, if you’re sending info or content that isn’t selling, but more serving them something of value, then you’re more likely to be able to maintain that dialogue.

And isn’t a dialogue what we want? It opens the door, and leads to traffic. And when you have enough traffic, ultimately it will lead to transactions. It’s this approach to marketing, partnered with the aforementioned tactics, that can build the awareness and engagement you’re looking for.

Now how about a little “social experiment”: The next time you’re walking down the street, take note of how many people’s’ heads are down. It truly is a sight to see. Just think, those eyes could be engaged in your brands message. And if the message is “timed” to when your customer is in the market for a new product, it becomes relevant and timely — a very powerful combination.

*Credits: Jack Loechner — Editor of The Center for Media Research; SinglePoint; Statista

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I think I trust you… http://howtostartafire.canopybrandgroup.com/i-think-i-trust-you/ http://howtostartafire.canopybrandgroup.com/i-think-i-trust-you/#comments Tue, 11 Apr 2017 15:11:03 +0000 http://howtostartafire.canopybrandgroup.com/?p=6744 HTSAF_iThinkiA survey* was recently released with two startling statistics that revealed 42% of consumers found brands less trustworthy today, while 48% believed brands can have a positive impact on the world. Now those are two opposite sides of the spectrum if we ever saw one. But more importantly, how do we bridge this interesting divide?

After going through some thoughts about politics they touched on the most interesting path: Understanding the culture of your target consumer and effectively tapping into it remain key. So, building your brand and its identity around a cultural insight is paramount. Find it. Inspire and positively provoke your target with it. Then craft and design your creative campaign around it.

Lastly, be relentless in searching out these cultural insights. Remember, insights are not facts. They are something you discover about your brand or consumers that no one else can own. They belong to you. So say “NO” to the obvious. Reject the ordinary. And, initiate around the extraordinary. So who’s bridging this gap today, you ask? Here are a few off the top of our heads:

  • Subaru — Recognition for LGBT campaign
  • Tesla — Being forthright about their mistakes, and fixing them
  • Chick-fil-A — Authentic and plain spoken
  • Dove — Authenticity and respect through their  “Love the skin you’re in” campaign

What Sparks Our Fire? Waking up everyday searching for insights that emotionally connect brands with consumers.

*The ‘Truth About America’ report from McCann

 

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Headline vs Body Copy http://howtostartafire.canopybrandgroup.com/headline-vs-body-copy/ http://howtostartafire.canopybrandgroup.com/headline-vs-body-copy/#comments Fri, 31 Mar 2017 13:51:39 +0000 http://howtostartafire.canopybrandgroup.com/?p=6733 bg-wraps

When we see an article, advertisement or even a movie title, our interest is typically based on the headline or body copy. A catchy headline can draw you in to want to experience the body copy, which is the general idea of marketing. This same principle also applies to how we profile the people we work with. Are you a person that just wants the high level facts? Or, are you more analytical and someone who wants all the details? Also a great tool to use for prospecting, and getting to “know” your audience before you engage them. (Psst, agencies, do this when meeting new clients… it will help you determine who you can connect with when in a room.)

It also very much the practice of how we engage with brands that are marketed to us. And as marketers, this is something we must always consider when strategizing around how to connect with our customers. While imperative to a comms strategy, keep in mind that this approach does vary by placement. For instance, at the point-of-sale, it’s all about the headline, a.k.a. an eye-catching design that visually lures you in. But, while a catchy headline may do the trick at retail, most online shoppers want the specifics before they hit ‘buy’. Therefore, body copy can make a world of difference between conversion and abandonment when it comes to digital commerce.

Nevertheless, it’s important to find a balance between the two. To understand the appropriate place to lean at the appropriate time. So, when you’re implementing your marketing communications strategy, think of it as if you were a boxer — determine which blow will have a stronger impact, head or body. It’s all the difference in determining whether you win the bout against your competition, or have to head back to training camp.

P.S.
Me, personally, I’m a headline. I like to get to the point within five seconds or less. So if we ever email, you’ll likely feel that in our exchange. However, this post is more for the body copy lovers out there. Hope you found it insightful and applicable. 

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To Serve, or to Sell, that is the question. http://howtostartafire.canopybrandgroup.com/to-serve-or-to-sell-that-is-the-question/ http://howtostartafire.canopybrandgroup.com/to-serve-or-to-sell-that-is-the-question/#comments Wed, 22 Mar 2017 16:25:04 +0000 http://howtostartafire.canopybrandgroup.com/?p=6712 As marketers, we are mostly programmed to SELL, SELL, SELL! However, in this day and age, it seems it’s more effective to serve. Recent studies (according to us) show that consumers are more interested in receiving information that will educate and enrich their lives. They want a story. Content. An experience. Something usable beyond just a “buy this now!” call-to-action.

To do this, we must think about our engagement strategy, and look for ways to immerse our audience in the brand, rather than simply sell it. We must tap into the emotional sensibilities, and bring their normal, everyday experience to life in a way that serves a bigger purpose — to create an unbreakable bond, that ultimately results in sales.

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Here are some ways this is being done…

  • Virtual Reality: Create a new world to experience your brand (Check out what Tom’s did)
  • Augmented Reality: Bring the retail experience to life wherever you are (See how the IKEA Catalog enables you to place furniture in your space before you buy it)
  • Bots: Brands becoming personal assistants (Casper gives you someone to talk to on those sleepless nights)

There are many partners out there specializing in these methods (Blippar, LSTNR, Moth+Flame). And if you want to proactively bring new, impactful ideas to your clients and consumers, we suggest you tap into them.

So don’t get stuck in the world of selling. It’s a one-dimensional way to drive engagement and conversions. Change your approach. Be multidimensional, it will serve you well.

What Sparks Our Fire: Taking the initiative to find new ways to turn simple ideas into ones that serve a bigger purpose.

 

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AOR: Agency of Return http://howtostartafire.canopybrandgroup.com/aor-agency-of-return/ http://howtostartafire.canopybrandgroup.com/aor-agency-of-return/#comments Wed, 15 Mar 2017 21:13:51 +0000 http://howtostartafire.canopybrandgroup.com/?p=6704 When agencies see or hear the term ‘AOR’, they typically drop everything and start to think about how they can position themselves to win. And when marketers are looking for an ‘AOR’, they’ve thought long and hard about the list of KPIs they’re looking to achieve, right?

But these days, it’s not so much about becoming the Agency of Record, but more the Agency of Return. Both marketers and agencies must start looking at how they either choose their agency, or position themselves to win the business, differently. Rediscover what value means to you.

boomerang (1)Think of it like a classic IRA, where it can issue 8% returns annually on your investment. Before you choose that IRA, you study its record of performance year-over-year, and ultimately make a decision on the one that you feel will bring the most value. And in our world, the term value can mean many things. It can be the actual sales increase you see as a result of your marketing efforts, the awareness and buzz created from a new campaign or package redesign, or even just delivering on a scope of work. It really all depends how you want to view it, and what’s most important to you.

From a marketers perspective, it’s more than likely going to be tied to sales. You want to show that the agency investment literally paid off. And from the agency side, the value comes from a satisfied client, and the positive reflection you hope they shine upon you in the trade. Thus, generating new opportunities from like-minded clients.

In the grand scheme of it all, we’re in it to find some sort of return or value. And while that is measured in outcomes, it all is tightly tied to the idea of a much grander hope. The hope of a reciprocating partnership that delivers positive results on both sides, and in return, is quite rewarding for everyone.

So think about how you choose your next agency, long and hard. And ask yourself, do they want to be my “Agency of Record” or my “Agency of Return”, and what type of return is of real value to you. That goes the same for us agencies.

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Marc-eting 101: Re-Google? http://howtostartafire.canopybrandgroup.com/marc-eting-101-re-google/ http://howtostartafire.canopybrandgroup.com/marc-eting-101-re-google/#comments Wed, 09 Sep 2015 18:25:55 +0000 http://howtostartafire.canopybrandgroup.com/?p=6620 marc-eting blog

In keeping with their new direction, last week Google unveiled an updated logo, a much more simplified and modern-looking incarnation than its predecessors. After hearing what graphic designers had to say about it, we asked our CEO, Marc Sampogna, about his thoughts on the redesign.

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By no means am I a graphic designer, but one thing I do know is branding. The latest redesign of Google’s brand identity seems to be a small step for a company that’s introduced innovation after innovation to the world. Its simplicity and approachability elicits memories of how Pepsi transitioned from their bold, bubble lettered logo into their current, more contemporary “brand stamp”. I also think this falls coincidentally on the heels of Apples recent software update — OS X Yosemite, where they moved from a beveled, dimensional treatment to flat. If anything, this new logo actually feels more playful and childlike, but no matter what they’ve done, it surely won’t impact how people interact or use the search engine powerhouse. It’s Google, for s*#ts sake. They change their logo daily to reflect a relevant theme that’s taking place in our culture. So…I have one word to say about the new logo, and that is “whatever”.

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Make Love Not Scars http://howtostartafire.canopybrandgroup.com/make-love-not-scars/ http://howtostartafire.canopybrandgroup.com/make-love-not-scars/#comments Thu, 03 Sep 2015 16:02:59 +0000 http://howtostartafire.canopybrandgroup.com/?p=6627 reshma

Since its founding in 2005, YouTube has been home to a myriad of beauty bloggers who post tutorials and other how-to makeup videos. But in a powerful new campaign for Make Love Not Scars by Ogilvy & Mather, the woman giving the red lip tutorial looks a little different than the typical 20-something beauty blogger.

Reshma, whose face has been scarred and disfigured, is a spokesperson for the #EndAcidSale campaign, whose goal is to curb the number of acid attack victims in India by limiting the accessibility to acid (you can buy a liter of it in any drugstore in India for about $1.50).

According to a petition that Reshma asks viewers to sign (which has over 65,000 signatures), India has over 1,000 reported acid attack cases per year, of which 90% of the victims are female.

What Sparks Our Fire: Creative and powerful campaigns that capture attention and call for change.

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