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Wednesday, 21 August 2013

Vine

 If you haven't heard of/used/had a look at Vine then you need to get on it! It's a new social media site which I think is going to take off very fast! I would say the site is a cross between twitter, instagram and youtube and it allows users to post a six-second video clip and share with other users.

Many celebs, dance groups and wanna-be singers have taken to Vine to provide entertaining and informative content. I did have a go myself but I don't think I'm funny enough!

So clearly with the huge level of entertaining content on social media platforms at the moment- organisations are finding different ways to slide their marketing content in amongst the others.

As vine only provides content creators with a six-second limit, it separates the best, most creative and unique marketing teams from the weak. Companies have to get their thinking caps on in order for their content to be liked, revined and shared.

A suprising company that I saw on the list was Natwest bank....
They used the application to answer customer's frequently asked questions on twitter- a creative way to engage with customers! This meant that customers could find the answers without having to go on the natwest website or google the questions for themselves!

Will definitely make natwest stand out and the vines can be reshared on facebook and twitter for a higher coverage!

 Another interesting vine from Puma which captures attention...


 Bacardi UK showing how brands can be creative with the Vine app.


And finally doritos showing how vine can be used to engage consumers and INVOLVE them in campaigns.

Vine is a fabulous tool used by marketers and I hope you agree!


Steph

Voucher Sites

Hey,

Soo recently I have been sllllightly addicted to Groupon....
If you're not aware Groupon is a site which users can register in order to receive discounts on products and services in their local area. You receive an email every day (I think) with offers and can purchase the vouchers straight from the email. I get three- one each for Portsmouth, Bristol and Manchester!


They have ridiculous discounts off days out, beauty and hair treatments, gifts and holidays. Obviously the site is great for consumers as they can get vouchers for up to 80% of the recommended retail value. In order for the coupon to be “active” a minimum number of people must purchase the coupon, which means that if enough people don't sign up to buy it- no one gets the offer.

Retailers, restaurants and beauty salons set up the offer with groupon, whilst they provide the marketing, client base and sales. Clearly this provides them with exposure, awareness from their target audience and new customers.

But how beneficial is the use of groupon for businesses??

Groupon splits each voucher sale 50/50 with the provider of the service, so for a haircut which might have a retail value of £40, sold on groupon for £15- the retailer receives £7.50. I doubt this covers their costs, so it is a risk to take in order to market yourself.

I would be interested to discover how many of the groupon voucher buyers actually return to the retailers and pay full price at a later date for the same service they received at an 80% discount....
To be honest I doubt that the kind of consumer that Groupon attracts is the type to want to pay full price.Often, the vouchers offered are similar week-in week-out from highlights and a hair cut to super car experiences, therefore when I'm using Groupon I would rather wait a few weeks for the voucher I want to be posted rather than pay full price at a salon I may have visited previously.

I suspect many consumers or 'bargain hunters' may use the same tactic, therefore I question whether groupon can provide a positive return on investment for companies. However, it could suit companies that have low variable costs of goods sold e.g. events, museums, spas, etc – where adding one additional customer does not add a high cost for the business.

I would be interested to see the ROI from companies which have used Groupon and other similar voucher sites in order to promote their services. I might be pleasantly surprised......

Just my thoughts,
Steph







Sunday, 18 August 2013

Fashion retailers

Ok just had a bit of a brainstorm moment which as a marketer I automatically want to turn in to a concept haha. So, I was in ibiza this week and was borrowing my friends skirt for a night out, whilst we were out I got loads of compliments and I really liked it. So I asked my friends where it was from and then when I got home I went to h&m and bought it in 3 colours as well as a bag and a top which caught my eye whilst I was in there. 

Now we all know that friend's recommendation is a huge influence on a purchase decision, yet what I did wasn't just a recommendation, it was a try before you buy which was then complimented by others which then led to my own purchase... 

What I am trying to say is that whilst usually compliments from others and feeling good about a purchase usually comes POST-purchase- the effects of which are a confidence boost/ reinforce purchase intentions/ positive attitudes to the product/brand... But my opinion is that marketers, more specifically in the fashion retail industry should try and create these attitudes and positive self image boosters PRE-purchase in order to convince consumers that their purchase intentions are just.

Obviously try before you buy on fashion items, especially fast paced high street stores is not only impractical but not cost-effective: but what about an app where customers can tweet outfits which their friends can rate or compliment or even give suggestions on the clothing. Only an idea! 

Personal shoppers are a great way of enforcing this, yet I rarely see them advertised other than wedding facilities, may be not for girls who are very sure of their own style but for girls like me who might need a bit of help, when friends aren't there to help I would love the help of a professional stylist! How special would that make a girl feel! Great confidence boost!! And not that difficulty to implement in retail stores either. I know for a fact more personal shoppers would lead to more and bigger sales!

Fashion retailers need to boost our confidence!!

Steph 

Tuesday, 6 August 2013

Dispatches: social media fooling and celebrity endorsements

Hello,

So last night i watched dispatches on channel 4 which often highlights unlawful/unethical treatment whether that be of consumers, staff, general public or animals. The programme is always worth a watch but last night was particularly interesting, especially if you have an interest in marketing/advertising or celebrities. The show was titled 'celebs, brands and fake fans' and explained how companies can sometimes hype their own products by paying for Facebook likes, twitter followers or YouTube hits. This false popularity can often lead consumers to purchase products they believe are popular when as a matter of fact this following has been created by an IT hacker in Bangladesh.

The programme also had a focus on celebrity endorsements on twitter and that celebs have been promoting products without revealing to fans they have been paid to do so and breaking the asa code. The sad reality is that whilst these marketing agencies or departments have been putting all the best efforts to create a buzz around their products has actually back fired with the revelations on the show. The only way to create a natural, genuine hype or buzz about a product is to sell a product which is of good quality, provide a good service or to create something interesting and then word of mouth will be your best friend! Companies should have learnt by now that consumers DON'T LIKE BEING LIED TO!!

However I do believe that giving products to celebrities free gifts and asking them to review or recommend them is an excellent form of marketing and isn't unethical if the celebs actually give their own opinion of their own free will.

A lot of companies have started to use this method not only with celebrities but with bloggers- a lot of which I read. Recently I was reading a fashion blog which recommended the website sheinside.com and featured some clothing items off there which the blogger loved..... Paid? I don't know...

So I decided to go ahead and buy the top as it did look lovely on the blog. My top arrived about a month later.... And it was faulty! When I tried to contact the website I realised they are based in china and provide terrible customer service and most of the responses to my numerous emails have been worded in terrible English! Not good and now I am let with faulty clothes and no refund! 

My point is, bloggers and other endorsers may recommend products even when they aren't great! Do t trust everything you read.

And you will be happy to know everything in my blog is my own opinion!!
Steph