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How to Start a Fire » innovation 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 The Truth Doesn’t Hurt, It Sells. http://howtostartafire.canopybrandgroup.com/the-truth-doesnt-hurt-it-sells/ http://howtostartafire.canopybrandgroup.com/the-truth-doesnt-hurt-it-sells/#comments Wed, 23 May 2018 18:23:43 +0000 http://howtostartafire.canopybrandgroup.com/?p=6972 so-true

Studies indicate that 66% of consumers, regardless of age, will purchase from a brand they feel is sustainable and trustworthy. The numbers are even higher once the Millennial cohort is isolated; at 73%. When companies and brands tailor their advertising with trustworthy information for their target customer, conversion rates are boosted 30%.

Demographics Are Everything
Baby Boomers, the generation born between 1946 and 1960, were once considered the largest generation to ever live. This generation, for decades, has been the foremost influence driving business’s marketing efforts and product lines. But, all that’s about to change.

In the next few decades, the largest transfer of wealth, over 30 trillion dollars, will take place—from Boomers to the Millennial generation and their little brothers and sisters; Generation Z. Demographics are everything, and the aging of the Boomers and the rise of Millennials and Gen Z is going to severely change the marketing and business landscape.

Millennials and their younger counterparts look at companies, brands, and businesses through an entirely different lens than Baby Boomers, and brands are starting to feel the pinch of their critical gaze.

The Millennial generation is far more risk-averse than their Boomer elders. Millennials are more likely to value experiences over things, and will spend their money accordingly. They are not investing in real estate, and are far less likely to buy a car new and on loan, or even own a car at all. Furthermore, this generation is more skeptical of brands than their predecessors.

Trust Is Visceral
While trust has always been an important metric and component driving customer buying decisions, with Millennials, trust is now a key component, not a peripheral, nebulous concept. For them, trust is visceral, and necessary. Despite their young age, this generation and the one behind it are jaded toward the business and advertising worlds.

It’s hardly surprising. While Boomers came of age during the post-war boom, when housing prices, relative to income, were still affordable across socio-economic status, for Millennials this is not the case. Furthermore, this generation witnessed and experienced the massive fallout of the housing crisis of 2008. Since then, this generation’s trust in institutions and brands and businesses was severely crippled and eroded. To earn Millennials coveted trust in the business world, brands are required to operate in a trustworthy, and sustainable fashion. And, brands who are perceived as civically responsible will be more likely to obtain those depreciating Millennial dollars in the coming years.

So, how can a brand appear trustworthy to younger consumers?

  • History: By sharing the company history or brand’s personal story, offering social proof
  • Accountability, i.e.: ‘money-back guarantees’ or offering free trials
  • Affiliations: Proving authority through affiliation with other trustworthy brands in the sphere
  • Relatability: Approaching from a sympathetic angle by understanding the customer’s pain points. Telling stories in an informal, casual tone
  • Subtlety: Offer value first without requiring anything in return

Businesses will have to compete in this new generational ethos. Boomers will not be the largest holders of disposable income soon, and in order to stay competitive in the new market, brands that build trust with their customers will reign supreme.

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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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It’s called a brief, so let’s keep it that way. http://howtostartafire.canopybrandgroup.com/its-called-a-brief-so-lets-keep-it-that-way/ http://howtostartafire.canopybrandgroup.com/its-called-a-brief-so-lets-keep-it-that-way/#comments Thu, 24 Aug 2017 16:12:55 +0000 http://howtostartafire.canopybrandgroup.com/?p=6854 mens-underwearOkay people, let’s get down to business here. How many of you have written creative briefs for your agency that included page-upon-page of research, data, analysis and much more? I’m assuming most of you. Now, this is NOT a bad thing. In fact, it’s a GREAT thing to provide. So we applaud you for overdelivering on the background info we might need.

BUT… when it comes down to the heart of what you want the agency to deliver for you creatively, it’s best to keep it short and sweet. The immersion is the key area where we intend to learn anything and everything about your brand, business, category and consumer. This is where the data-dump should take place.

Whereas the actual initiative we are working on should be able to be interpreted in one-page or less. References to examples that you’d consider benchmarks are always a plus.

If you do this and hear crickets, then the agency just doesn’t get it and maybe the long-form is necessary. However, more times than not, the agency will appreciate the synthesis of your objectives, and be able to move ahead much more efficiently with the task at hand.

So the next time you’re getting ready to pull the trigger on that brief, try and remember this tip. It will save you time on both ends.

Thanks for reading, and let us know if this was helpful, or if you need help crafting that brief.

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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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Creatures of Habit http://howtostartafire.canopybrandgroup.com/creatures-of-habit/ http://howtostartafire.canopybrandgroup.com/creatures-of-habit/#comments Fri, 03 Mar 2017 17:56:49 +0000 http://howtostartafire.canopybrandgroup.com/?p=6695 Brands and marketers spend a lot of time and money with “new and exciting” initiatives based purely on trends that are influencing their consumers. But what they should be doing is improving their existing products and marketing efforts based on consumer habits.

As consumers, we are programmed to intuitively select the products and brands we need based on what looks familiar (e.g., the easiest decision to make). And as marketers, “the goal is to make consumers repeat their purchases by matching the value proposition to their needs.” Consumers don’t want to spend the mental energy when shopping (online or in-store for that matter), so why make them?

Branding, Design, Advertising, MarketingThe solution for brands lies within understanding the habits of their consumers, and evolving or improving upon them based on what their brains are programmed to be looking for. And unless consumers are absolutely screaming for a change, and the return is solid for your business, then making a dramatic change is no bueno.

Brands like Coke, Tropicana, GAP, and many more have undergone redesigns in some capacity over the years. Consumers didn’t demand it. They weren’t educated on the change, nor provided a real rationale. The result was backlash, and even a decline in sales, which pushed the brands to quickly go back to the original. A lot of time and money lost. However, sometimes it pays off (only if the demand is there), but often times it doesn’t.

There are more examples and insights we could share, but we simply don’t have the time, nor blog post space to do so. That said, we want to leave you with this very simple message: If it ain’t broke, don’t fix it. And if you decide to fix it, make sure you do it in a way that doesn’t disrupt the habits of your consumers.

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Get Ready To Gift Unique Items This Season http://howtostartafire.canopybrandgroup.com/get-ready-to-gift-unique-items-season/ http://howtostartafire.canopybrandgroup.com/get-ready-to-gift-unique-items-season/#comments Tue, 16 Dec 2014 16:19:36 +0000 http://howtostartafire.canopybrandgroup.com/?p=5473 It’s that time of year again, it’s that special season when you realize you’ve been so focused working late every night to avoid having to schedule conference calls over the holidays, that you’ve forgotten to purchase gifts for at least a third of your significant others extended family. Don’t worry, we’ve come up with a list of five great gifts ideas, that your loved ones never knew they wanted.

1. Shoe Shine Boy

Screen Shot 2014-12-15 at 4.52.13 PMShoe Shine Boy is perfect to make shoes and bags shine like never before. This small gadget set has all the goodies one needs for a thorough gleam on calfskin pieces to extend their life. All you need to do is insert two AA batteries into your device, attach the microfiber pad, apply shoe polish to the pad and turn on polisher. Shoe Shine Boy works at 420 rotations per minute and can be used on a wide range of leather products including car seats, shoes and leather bags. If new, the batteries can last up to 70 uses. Think it might be the perfect gift for someone you know? Don’t hesitate to purchase it here. 

What Sparks Our Fire: A gadget that can keep our leather goods looking good with  minimum fuss.

2. Lensbaby

Lensbaby-Sweet-Spot-LensLensbaby is a mobile lens more fun than a barrel of filters. Thin enough that it won’t interfere with most cases or other lens attachments. With the lensbaby, you get an effect that’s very similar to the one you get when zooming a lens while shooting, with a depth-of-field blur. A gadget highly recommended for people looking to enliven their camera photography but still merit a #nofilter. So if you want to gift someone who is really into photography, we recommend getting your hands on this. Where to buy? Simply click here.

What Sparks Our Fire: A gadget that can make us have professional camera effect with just our mobile phone.

3. Fujifilm’s Intax Printer

image128Another gadget for photography lovers. With apps like Instagram and its many filters, quite often, one wish to have its pictures printed. With this Fujifilm’s Instax Printer, anyone can have their phone pictures printed like a Polaroid. Now, that’s cool, right. What is fun about this is that there is no need for a separate supply of ink so you don’t have to worry about running out of ink and don’t have to load cartridges. The gadget actually uses the same cartridges as Fujifilm Instax instant cameras. The camera simply uses LEDs lights along with a liquid crystal shutter to expose the film inside the printer. It is fun and you can watch the image develop over the next several minutes. Fancy this? Get it here.

What Sparks Our Fire:  A portable photo printer, because in 2015 millennials will appreciate pictures in print more than the ones on their instagram feed (maybe).

4. Hoodie pillow

Screen Shot 2014-12-15 at 5.00.14 PMAnd yes this exists. Simple as the tittle, it’s a hood with a pillow. This hooded pillowcase can provide ultimate “ Cocoonification™”, helping you tuck away the stresses of your day. Useful for long flights trip or simply for curling up with a good book, dozing on the couch, watching TV. This is the perfect accessory to enhance your lounging experience. The HoodiePillow Hooded Pillowcase fits all standard bed pillows and measures. There is alsoi the C shape version. Sometimes, pictures speak louder than words. Get one here and why not for yourself as well.

 What Sparks Our Fire: a gadget that every holiday season traveler wants, but is too embarassed to purchase for themselves.

5. Slimger

1048029_1526493884264679_3972367664762119302_oWe all suffer from short life batteries whether we have an iPhone or an Android. For some reasons phone makers have not tackled the issue yet. So, in the meantime while they get it all together, we have this suggestion that could be the gift of the year. It is called Slimger: a charger so thin and small it can fit in your wallet. This is the result of a project on indiegogo that received more than six time its initial pledge of $10,000. Thank you to all backers, we can now all benefit from the magic. If you need to purchase a devise. Here is the link

What Sparks our Fire: a useful devise that is easy to carry around and a life/phone save

We hope you found this list useful. What did you pick? Let us know.

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The Bluetooth Speaker For Party Around Water http://howtostartafire.canopybrandgroup.com/the-bluetooth-speaker-for-party-around-water/ http://howtostartafire.canopybrandgroup.com/the-bluetooth-speaker-for-party-around-water/#comments Thu, 04 Dec 2014 19:50:46 +0000 http://howtostartafire.canopybrandgroup.com/?p=5407 ECOXGEAR_ECOSTONEA lot of outdoor products seem like they were designed by people who’ve never been around water (beach, pool, etc.) but with the Ecostone speakers, engineers clearly understood the main priority of the poolside party. The coolest thing about Ecostone is that it is a rechargeable Bluetooth speaker that you can take anywhere and that can survive everywhere. A small splash of water on it wouldn’t turn your pool party into a meditation group. Not only can it shrug off a splash, it floats and can survive being dunked up to 3 feet underwater or even endure a sandstorm. It has a 12-hour battery life and is equipped with detachable mounting options that can attach the speaker to just about anything. The Ecostone is available now at many fine retailers in Black, Blue, Orange and “Real Tree”. You also have the option to purchase it straight from the company’s website.

What Sparks Our Fire: A perfect gadget for those who live an active lifestyle.

Would you consider  EcoStone for your next summertime pool party?

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Coffee As Unique As Your Handprint http://howtostartafire.canopybrandgroup.com/coffee-as-unique-as-your-handprint/ http://howtostartafire.canopybrandgroup.com/coffee-as-unique-as-your-handprint/#comments Tue, 02 Dec 2014 18:42:04 +0000 http://howtostartafire.canopybrandgroup.com/?p=5404 Memory-by-Wenyao-Cai-Electrolux-Design-Lab-2012-finalistA small but important part of many people’s lives is the intimacy of having a barista who remembers who you are and more importantly how you have your coffee. Memory is a coffee maker that uses hand print recognition to act as your personal barista and make the right cup of coffee for the right person. Set it to your preference of weak, medium or strong coffee or even an espresso to a ristretto. When you’re ready for your perfect cup of coffee, Memory will scan your hand and get it right every time. The machine was designed by WenYao Cai from China, an Electrolux Design Lab 2012 finalist.

No matter how hard we wished it wasn’t, Memory is still in the concept phase and isn’t ready to be on the market just yet.

What Sparks Our Fire: An innovative gadget that allows you to get your perfect cup of coffee with a simple scan of the hand.

Do you wish Memory was out on the market? Let us know your thoughts.

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Food Without The Fuss http://howtostartafire.canopybrandgroup.com/food-without-the-fuss/ http://howtostartafire.canopybrandgroup.com/food-without-the-fuss/#comments Tue, 25 Nov 2014 14:26:49 +0000 http://howtostartafire.canopybrandgroup.com/?p=5406 photo-main (1)Our kitchen has drastically changed over the last 30 years to make our lives easier when preparing meals. Now, there could be a new addition to our existing high tech equipment: a smart microwave/oven that can learn your habits and help you stay fit. It’s called the MAID oven (that stands for Make All Incredible Dishes), and it learns your tastes and habits.

MAID Oven is a Kickstarter project that met its $50,000 goal in just five days. The advanced oven has a list of recipes, and users can upload their own into the database. Once you’re ready to bake, the oven has settings to automatically set the temperature and cooking time for whatever dish you might be whipping up. The coolest feature the device offers is that MAID Oven can act as a pseudo health-conscious dietitian. Depending on your eating and fitness habits (it can sync with your smartphone or smart watch), the oven will make suggestions for meals that factor in your calorie intake and taste preferences. It has access to an unlimited number of recipes from the web so you don’t have to worry.

Another feature of the sophisticated oven is you can control it with your voice. You can actually tell the oven what’s for dinner — it’s got built-in voice recognition. It doesn’t end here. MAID Oven also comes with an accompanying smartphone app. This means you can get push alerts when your food is done cooking, adjust cook time and temperature settings from afar, or remotely activate/deactivate the oven while you’re away from home. Isn’t it magical? Feel free to check out MAID Oven baking pizza, pasta, and even cake in the Kickstarter’s demo video below.

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MAID should be ready to go to market by Thanksgiving 2015. Hopefully you can deactivate the dietary suggestions for the holidays!

What Sparks Our Fire: A useful device with smart features and functionality that could truly make cooking easier, healthier, and more fun.

Will you be making some space in your kitchen for the MAID Oven?

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The Invisible Umbrella http://howtostartafire.canopybrandgroup.com/the-invisible-umbrella-2/ http://howtostartafire.canopybrandgroup.com/the-invisible-umbrella-2/#comments Fri, 21 Nov 2014 14:47:00 +0000 http://howtostartafire.canopybrandgroup.com/?p=5410 photo-main

If you dream of a world where people use air-powered umbrellas to fight the rain, you can wake up. The future is now. To be honest, the umbrella is one of those gadgets that hasn’t really been updated much in the last 200 years. Sure, technological advancements have allowed them to become easier to handle and more durable, but overall, it’s pretty much the same deal. But a new Kickstarter campaign has launched an idea that changes the umbrella game completely. It is called the Air Umbrella and it makes use of the airflow to form an umbrella without a visible cover.

Put simply, the gadget releases air that pushes the rain away. Currently, there are three sizes of the Air Umbrella available: small, medium and large. You can also fit two people under the Air Umbrella. The air umbrella will be ready to launch by December 2015. Head over to the Air Umbrella Kickstarter page to find out more.

What Sparks Our Fire: Engineers that strive to bring innovation to the most basic objects.

Would you consider investing in an invisible umbrella once it becomes available?

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