No worries if you have been ‘head down’ this week in projects. We’ve compiled a few recent articles to illustrate how shifting consumer values are driving change in the marketplace.
We’ve all seen them. They seem to be everywhere these days. Articles, advice, seminars, videos, and blog posts teaching us how to market to “Millennials”. Seemingly the holy grail of marketing audiences these days, Millennials are defined, generally-speaking, as the generation of individuals ranging from 18-37 years old, depending on who you ask. Because of the sheer multitude of Millennials (about 40-70 million, also varying by expert opinion), and their presumed purchasing power over the next several years, this group has become a prime target for many brands. Most companies are attempting to reduce this massive population segment into a single set of defining characteristics, including generalized information about millennial values, buying habits and preferred experiences.
The Account Coordinator will work with a team of top-notch marketing communications professionals to develop and manage a variety of social media, content and PR initiatives for Zenzi clients, including writing press materials, pitching stories to media and coordinating social outreach campaigns for a variety of consumer, business and technology accounts.
To get to the heart of what inspires purchase decisions, we need to go beyond demographics and speak to inner values. What’s that have to do with a wall of yogurt? Read on to find out.
Brand marketing is ever changing, providing unique and creative challenges and opportunities for those of us in the industry. High consumer demand creates high competition, to the tune of 500,000 new consumer products being launched each year.
How Stone Brewing Company has built a loyal following of passionate, engaged fans without spending a dime on advertising.
When discussing Zenzi’s Social Values practice with business leaders and decision makers, one question we hear a lot is:
“I think this is a fantastic idea, but how would social values apply in a B2B environment?”
Well, the short answer is that values play the exact same role in B2B marketing as in B2C. At the core of any business transaction is the relationship between the buyer and the seller, and that relationship is built on factors such as trust, comfort level, emotional response, personal history, and risk perception – all of which are influenced by the values of the company and the individuals involved.
An archetype is a recurring symbol in art or literature that represents an idealized example of a person or thing. Archetypes can range from Biblical figures such as Jesus or Moses to entertainment characters such as Harry Potter or Darth Vader. Each of these characters takes part in a larger than life journey that teaches us a universal truth about human nature, and embodies a moral that serves as a blueprint for how we should live our lives. Psychologist Carl Jung theorized that archetypes are part of the collective unconscious, and proposed several representative archetypes such as the Shadow, the Wise Old Man, and the Mother.
A recent study by Forrester revealed that though 75% of marketers are increasing their content marketing budgets in 2014, over half feel that their efforts are largely ineffective, and 26% more feel that their efforts are “neutral”.
The increase in spending clearly indicates that marketers believe content can have a big impact on sales. So why are so many failing to achieve their goals?
As the global consumer base continues to shift away from traditional advertising and more towards reviews, recommendations, and social media to inform their purchase decisions, many brands are beginning to create their own content, or letting their customers create content for them. The aim of this branded content is to stimulate conversations, discussions, and viral “buzz” around their brand, as opposed to selling the consumer outright on their product. Industry influencers such as Richard Edelman think this is the wave of the present and future for marketing practice. We here at Zenzi agree, but we also believe that to optimize the reach and effectiveness of any branded content, it must speak to the core values of the target audience. Our data shows that content targeted to values is more likely to be shared, becomes more a part of the consumer’s identity, and leads to greater brand connection.