Monday, 21 March 2016

Unlocking a $200 Billion Opportunity: Engaging Millennial Parents on Social

Engaging Millennial Parents on Social

The term millennial is an overused buzzword that nearly all 93 million members of the “me” generation are tired of hearing. Still, it seems as if most marketers don’t understand that, with more than $1 trillion of annual buying power, there’s more to the demographic than selfies and hashtags.

In October 2015, Time reported that 22 million people born between the late ’70s and ’90s have children and that each day the age group gives birth to roughly 9,000 babies. Millennials aren’t becoming parents—they’ve been parents, and their consumer impact proves it. Their total spending power? $200 billion.

The influence of engaging millennial parents extends beyond their dollar and is reflected in the generation’s values and habits. The Pew Research Center conducted a series of analysis on how the group varies in comparison to their Gen X and baby boomer predecessors. Unlike previous generations, millennials are more racially diverse and are less likely to identify with a specific political party or religious organization.

They also have higher expectations for brands and hold companies accountable for their actions. An overwhelming number of millennials (81%) expect brands to publicly address social issues, and 42% are eager to alter the landscape of consumer products by co-creating new products and services with their favorite companies.

With the average millennial having 250 Facebook friends and 90% of millennial parents admitting to finding social media helpful, ignoring this subset is a giant missed opportunity. But communicating using the same messages delivered to previous generations of parents won’t work either. You need to thoughtfully engage on social media by listening, being honest and continually evolving your strategy.

Listen Even When It’s Hard to Hear

Too often legacy brands such as Barbie refuse to adapt to meet consumer behaviors in a timely manner. That’s just one of the many reasons why Barbie’s dramatic makeover and successful rebranding campaign is such an anomaly.

According to Time, from 2012–14, Barbie’s sales dropped by 20%, costing the brand an estimated $500 million. In 2014, Lego surpassed Mattel as the biggest toy company in the world, and Elsa (the doll from “Frozen”) kicked Barbie out of her dream house to become the most popular girl’s toy in America.

The conversation surrounding the brand on social media was hostile. To make matters worse, one of the brand’s designers was quoted saying that Barbie’s proportions weren’t intended to be realistic.

Barbie on Twitter

Sales and sentiments on social showed that millennial parents no longer believed the doll was a proper role model. In order to survive, Barbie needed to evolve.

In a video documenting the toy’s rebranding efforts, Evelyn Mazzocco, Barbie’s General Manager, said, “It’s kind of hard sometimes to hear and listen and kind of take in the truth. It was obvious that there was some work we needed to do.”

The brand spent the next two years redesigning its iconic doll. During this time, Barbie was repositioned with a revised digital and social marketing strategy that directly addressed the concerns of millennial parents.

The first major indication that Barbie was changing came in October 2015, when the brand released a two-minute online video titled “You Can Be Anything.” The unscripted ad empowers young girls by putting them in professional settings and encouraging them to imagine their full potential.

With more than 20 million views on YouTube, the online video proved a massive success. Ace Metric reported that the video surpassed industry benchmarks with a 36% likability score and an emotion score of 92.

The metric that likely mattered most to Mattel—change in brand perception—was the most telling. The online video received a 752 change score, 35% higher than the average commercial. Barbie was officially on the road to becoming relevant again.

On social, the Barbie brand supported its digital video efforts with content focused on female empowerment. The brand adopted the hashtags #TheDollEvolves and #YouCanBeAnything, and in its social post copy, Barbie began to directly address young parents.

On Facebook, Barbie prompted engagement by asking, “How do you encourage your girl to expand her horizons?” On Twitter, the messaging was similar.

Barbie Facebook

Mattel’s efforts cumulated in 2016, when in a Time cover story, the brand announced the release of three new, diverse Barbies available in tall, petite and curvy.

The new product launch was promoted almost entirely online, specifically on social media. According to Digiday, initial estimates indicate that 90% of the interactions online were positive. On the product release date, there were more than 65,000 Tweets about the new dolls. The branded hashtag #TheDollEvolves alone accounted for up to 15,000 of those mentions.

What can brands learn from Barbie’s success? Listen to your consumers, even when it’s tough to hear what they’re saying. Don’t be afraid to implement radical change. And, what’s most important, take a strong stance to clearly communicate your messaging across all of the digital and social networks your audience is active and engaged on.

Keep It Real

Brands are repeatedly being told that in order to attract millennials they need to remain authentic. But what does that even mean? Plum Organics discovered the answer in its “Parenting Unfiltered” campaign.

The organic baby-food brand found that 61% of millennial moms feel pressure to keep up with their friends on social media. Meanwhile, Time reported that 8% of millennial parents are left feeling inadequate after seeing social posts from other parents.

Plum Organics aimed to relieve young parents of the societal pressure to be perfect by keeping it unapologetically real through a series of digital videos distributed on Facebook and Twitter.

The videos show a mom pumping breast milk at work, a dad Googling the answer to a parenting question and parents candidly talk about maintaining a work-life balance.

Shared on social with the hashtag #ParentingUnfiltered, the digital advertisements are in stark contrast to how brands and the media usually capture parenthood. According to Sprout’s Twitter Listening Report the #ParentingUnfiltered has gained a total volume of 1,898 on Twitter since the campaign’s launch in April 2015.

The brand has been able to sustain its positioning with an influencer program and a microsite on Tumblr that showcases UGC from customers who are willing to embrace and share their “imperfect” parenting moments. Plum Organics encourages, recognizes and thanks its influencers and followers for sharing their candid, intimate moments.

Seeing as 62% of millennials admitted to being more loyal to a brand that engages with them on social, this simple extra effort can go a long way when it comes to purchase intent.

Don’t Be Afraid to Try Something New

Noelle Porcoro is the Senior Brand Manager at Just Born Quality Confections (the company that produces PEEPS). In an interview with the New York Post, she said that, while the brand is established with older moms, PEEPS is looking to start attracting a younger parental demographic.

In order to do this, the nostalgic candy company decided it was time to launch its first digital advertising campaign.

The goal of the brand’s digital efforts is to get millennial moms buying PEEPS prior to the eight weeks leading up to Easter. Porcoro hoped that the digital campaign would increase demand by 10%. PEEPS annual yearly sales growth currently falls in the “low single digits,” Porcoro told the Post.

The brand’s social media strategy also aims to target younger moms. An Exponential report on advertising to millennial moms revealed that 38% are active on Pinterest. The report also noted that 84% of 18- to 34-year-olds are interested in attempting craft projects in order to save money.

With 40% of PEEPS used for craft projects, set on fire or heated in the microwave, the brand identified an opportunity and capitalized on the DIY trend on social. On Pinterest, Facebook, Instagram and Twitter, the brand provides fans with new ways to use PEEPS, from crafting a festive fall wreath to using the marshmallows in a brownie recipe.

Crafts With PEEPS

PEEPS is a 63-year-old brand that’s able to find success with millennial parents by acclimating to the changes in marketing and embracing the demographic’s pastime. The brand was willing to take a chance on an advertising format it wasn’t familiar with and isn’t afraid to tailor its social media strategy to reflect the nature in which consumers were actually using the product.

Understanding the hobbies that appeal to this demographic and identifying how your brand can tap into these interests will guide your social strategy and, ultimately, increase social media engagement.

When it comes to engaging millennial parents, just being on social isn’t enough. Brands need to realign their strategies to match the habits and behaviors of millennial parents. Whether you’re an iconic toy brand, an organic baby-food company or a candy company rooted in nostalgia, you have to implement impactful product changes, provoke meaningful conversations on social media and craft a content strategy that resonates.

This post Unlocking a $200 Billion Opportunity: Engaging Millennial Parents on Social originally appeared on Sprout Social.



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Facebook Instant Articles: What Marketers and Publishers Need to Know

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Have you heard of Facebook Instant Articles? Want to publish your own Instant Articles on Facebook? Unlike most new Facebook features, Facebook Instant Articles isn’t something that you’ll be able to use as soon as it becomes available in April. You’re going to need to do some prep work. In this article you’ll discover how [...]

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- Your Guide to the Social Media Jungle



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3 Ways to Analyze Facebook Video Performance

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Is video part of your Facebook marketing strategy? Wondering how video is working for you on Facebook? To make informed decisions about using video on Facebook, you need to have a good understanding of how your fans consume it. In this article you’ll discover three ways to analyze video posts on Facebook. #1: Compare Native Facebook Video [...]

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- Your Guide to the Social Media Jungle



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Saturday, 19 March 2016

Instagram to Roll Out Algorithm: This Week in Social Media

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Welcome to our weekly edition of what’s hot in social media news. To help you stay up to date with social media, here are some of the news items that caught our attention. What’s New This Week Instagram Introduces Feed Algorithm to Show Best Posts First: The new Instagram algorithm shifts the order of photos [...]

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- Your Guide to the Social Media Jungle



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Friday, 18 March 2016

#SproutChat Recap: Repurposing Content

SproutChat4-Insights

When it comes to lead generation, content is king. But it takes thoughtful insights, time and energy to consistently produce new and engaging materials. With some preplanning, you can repurpose your initial efforts to create multiple content forms, reach different audience segments and provide value from a new perspective.

This week at #SproutChat, we discussed best practices for repurposing content and shared our favorite image resources.

Create Content With Potential Forms in Mind

Before crafting a piece of content, consider the multiple ways you can disseminate an idea. Save yourself time and by mapping out how the topic works visually and in long form. Consider how users interact on different social channels and disseminate the aspects that work best for each network you’ll be distributing your content on.

Our community weighed in on smooth transitions that you can quickly apply to transform one type of content into a new form.

Revise, Don’t Republish

One of the biggest pitfalls of repurposing the same piece of content is not editing copy or adjusting info based on the intended audience. When you repurpose a piece of content, think of a different angle or light for it. Consider a different goal based on its new format and promote accordingly.

Always Include Eye-Catching Images

If possible, include photos that are owned by your organization and include your employees. If needed, choose stock photos that are clean and bright. Sites like Unsplash, Pexels and Death to the Stock Photo are great resources.

Curate a Collection of Tweets to Tell a New Story

While it’s probably obvious, we think Twitter chats are valuable. They’re a great way to bring smart folks together for an insightful discussion that, as a whole, is incredibly valuable.

Join our Facebook community to connect with the group and receive notifications for all #SproutChats. Tune in next week as we discuss activating influencers. See you Wednesday, March 23 at 2 p.m. CDT!

This post #SproutChat Recap: Repurposing Content originally appeared on Sprout Social.



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Periscope: How Your Business Can Benefit From Live Video

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Do you broadcast on Periscope? Want to use it to connect with and grow your audience? To discover how to use Periscope for your business, I interview Kim Garst. More About This Show The Social Media Marketing podcast is an on-demand talk radio show from Social Media Examiner. It’s designed to help busy marketers and business [...]

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- Your Guide to the Social Media Jungle



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Thursday, 17 March 2016

2016 Social Media Madness Bracket Predictions

social media madness

It’s March and that means two things–spring is in the air and college basketball is about to take over. According to a WalletHub infographic, nearly 81 million people tuned into the NCAA’s live mobile app to watch the basketball tournament on their phones, tablets and laptops in 2015.

The madness around the tournament has millions of people talking about the event on social. In fact, WalletHub said the NCAA tournament drives roughly 350 million Twitter and Facebook impressions each year with bracket predictions, upsets and cinderella stories.

The Science of Bracket Predictions

For casual and diehard hoops fans, filling out a tournament bracket is a beloved ritual. The American Gambling Association recently stated more than 70 million NCAA tournament bracket sheets will be filled out in 2016, amounting to roughly $9.2 billion in betting.

For a lot of fans, picking teams is a blind decision where winners are chosen by jersey colors, alma maters or favorite mascots. However, some people like to go the extra mile and use math and statistics to determine their projected winner. For Sprout Social’s NCAA bracket predictions, we looked at social media analytics.

Last year we got our feet wet in the tourney pick-em by using Sprout Social’s Twitter Engagement Score for to measure social interactions revolving around each university. Let’s just say our bracket predictions were a bit off.

This year we decided to come back with a vengeance. Here are our picks for the 2016 Social Media Madness tournament:

2016 social media madness

How We Made Our Bracket Predictions

For the 2016 Social Media Madness, we used Sprout Social’s Twitter Listening Report to pick our winner. Our Twitter Listening Report gives us the ability to measure @mentions, hashtags and keywords. But, in order to keep our social media predictions as accurate as possible, we only measured each basketball team’s official Twitter handle.

While we could have used hashtags and other related Twitter accounts to get more data, the info would have been skewed. For example, most schools have an official account for their athletics department, football team and women’s basketball team. Including a hashtag like “#GoJayHawks” could inflect the findings.

So How Does It Work?

Once we had the 64 handles, we broke them up into four groups of 16, with each group representing a region (like a standard NCAA bracket). We set our Twitter Listening Report to measure the total keyword volume from March 1–15. To pick our winners, we put teams head-to-head and chose the college with the greater volume of keyword usage.

group of 16 in south region

Here you can see all 16 teams within the South Region and the total volume per Twitter handle for each. We took the teams scheduled to play one another and made our decisions from there.

kansas against austin peavy

In this instance, Kansas is set to play Austin Peavy in the first Round of 64. We put the team’s official Twitter handles @kuhoops against @AustinPeayMBB. Of the approximately 5,000 instances where either handle was mentioned, Kansas had 73% of the total keyword volume, while Colorado made up the remaining 27%.

kansas and austin peavy total volume

Each winner moved on to the next round and had its Twitter handle volume measured against the next opponent.

What Decides the Keyword Volume?

If you’re wondering how Twitter analytics could be so cautious with its picks, it really comes down to keyword usage. With Sunday’s picks coming in, there was a lot of buzz on Twitter around each team, which had many Tweeting at the college hoops handles.

David vs Goliath

With the high percentage of No.1 seeds and popular universities making it far in our bracket, it makes sense their handles would be used more in this time period. Secondly, schools who barely made it in the tournament are likely going to receive fewer Tweets and @mentions.

Notable Bracket Outcomes

While our bracket was built only using data from Sprout’s Twitter analytics tools and not based on which team was favored, notable bracket outcomes should still be noted.

Some of you diehard NCAA fans might be shaking your head at the idea of letting Twitter analytics decide the winners of the tournament.

yahoo's report

We used Yahoo’s Fantasy Sports to compare our biggest upsets and other bracket predictions. Here are some of the top highlights from our data:

  • Only five upsets in the Round of 64.
  • Only four upsets in the Round of 32.
  • Every No. 1 seed made it to the Round of 16.
  • Three out of four No. 1 seeds made it to the Round of 8.

The biggest upsets included:

  • Wisconsin over Xavier (Round of 32)
  • Michigan over West Virginia (Round of 32)
  • Seton Hall over Utah (Round of 32)
  • California over Maryland (Round of 32)
  • Purdue over Virginia (Round of 16)
  • Oregon over Kansas (Round of 4)

Conclusion

Through Sprout’s Twitter Listening Report, we were able to make what appears to be a relatively safe and smart pick for the winner. According to CBS Sports, North Carolina is currently at 7/1 odds to win it all, which is third-best only to Michigan State’s 11/2 and Kansas’s 5/1 odds.

Just like everyone else’s bracket, if there’s a major upset, our picks are toast. But with the volume of Tweets likely to come for a school that pulls off a major upset, if we did the report again, they’d likely be chosen to go much further–hence, the cinderella story.

Feel free to come back and check on our bracket as the tournament continues. Happy bracket picking!

This post 2016 Social Media Madness Bracket Predictions originally appeared on Sprout Social.



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