Might, May, Must for Media Strategies

Contributed by Tom Palmier, Mindstream Media Group Account Director. Tom has been consulting with brands and business partners on their digital advertising since 2006.

To help our client brand and CMO partners strategically navigate their marketing through the novel coronavirus crisis, Mindstream Media Group created what we’ve dubbed “rebound teams.” These agency teams pair our media professionals with individuals from a variety of disciplines and client teams to gain a fresh perspective and devise unique strategies for their clients post-virus.

I’ve been lucky enough to participate in a couple of these teams and noticed common themes developing across client industry verticals and topic groups. Not all of these topics apply to every industry and some may weight each topic differently. We realize each individual client is different, but the topics below represent challenges seen across all industries.

Might – Advertisers might want to rethink who their target audience is during this unique time. Brands might consider letting current customers know what they are doing to prevent the spread of COVID-19 or what they are doing in the community to help fight back. Are you open for online orders or curbside to go? “During this time in which the restaurant industry has seen huge declines in dine-in volume, it is encouraging that more than half of our respondents said they are maintaining or increasing their takeout and delivery spend,” said Cindy Judge, CEO of SRG in Ad Age. Let your most valuable customers know how they can do business with you and make it as seamless as possible. Brands might also consider pausing testing new audiences or conquesting and focus instead on core audiences and loyal customers.

May – Marketers may consider re-aligning their media mix to match changing consumer consumption behaviors. For instance, studies are showing radio, billboards and other OOH media are seeing a decline in viewership while traditional TV, connected TV, as well as social media and online video, have seen an increase in time spent with media. Comscore has released multiple studies on media consumption habits and how they have rapidly evolved since quarantines began.

  • Television has become a core source of news, information and entertainment.
  • In-home data usage is on the rise thanks to millions of adults being at home and schools shutting down.
  • Analysis of digital consumption has revealed a shift in category trends.

Advertisers, if not already, should consider these changing consumption patterns when deciding how to best utilize their media investments. Many marketers have already shifted media budgets according to the IAB, “More than a third (35 percent) of advertisers are adjusting their in-market tactics and are increasing: Audience targeting (+38 percent), OTT / CTV device targeting (+35 percent), Mobile/Tablet device targeting.”

Must – As a brand or CMO, you must be thinking about messaging. How can you convey that you understand your target’s perspective? Not just say, but convey your experience, leadership and ability to weather the storm. According to the IAB, “The majority (63 percent) of advertisers are adjusting their messaging and are increasing: mission-based marketing (+42 percent) and cause-related marketing (+41 percent).”

Messaging must change if it’s currently focused on in-store visits, for example, and focus instead on an easy online shopping experience. For others, the message may be to not have an offer or call to action, and simply let the community know how you are responding. No brand wants to be seen as taking advantage of a crisis or drawing unnecessary crowds with a big sale. Telecommunications industry leaders like AT&T and Verizon are responding with unique messages for this time any many carriers have added extra data to plans in response to the crisis.

Messaging must convey empathy first, then value. Here are some guidelines to help marketers think about messaging during this time.

Over time, these pivot points may change, and we may go back to our pre-crisis marketing plans, but for now, we must revisit our strategies and refocus our message. If possible, marketers should consider re-allocating media budgets to take advantage of increasing digital and in-home media consumption and have a plan to thoughtfully engage with your current customers now and post-crisis.

Marketers who stay quiet or withdraw during this time will have some catching up to do once this has passed in terms of messaging. Agencies who lean into this challenge and help their clients navigate this experience will solidify partnerships and strengthen brands for years to come.

A Marketer’s Mindset in Guiding Clients Through the Current Pandemic

As marketers, we are tasked with guiding clients, brands, franchisees and even other marketers on media strategy, tactics and most recently, how to best navigate through an unprecedented crisis that changes by the minute.

It’s easy and somewhat comforting to follow the same news sources’ guidance and recommendations, but especially now with so many affected by this pandemic all over the globe, there are SO MANY sources of information – whether about the virus itself, how it’s affecting sales, tips for working from home, how to practice better self-care in stressful times…the list goes on.

Being a marketer is grounded knowledge gained from education and work experience, but another component is curiosity. It’s about gathering from multiple sources, researching messaging from different brands on the same topic, how to find that coveted solution to reach your target audience, standing out in a sea of sameness.

With this article, we’ve channeled our curiosity into finding the most helpful, practical content to better help you stay informed and provide guidance for your brand.

Should the News Disrupt Your Content Calendar? We (as an agency) have adapted our own content plan, as well as those of our clients, in the last few weeks. Business-as-usual content efforts can be seen as tone-deaf and possibly insensitive. But how does one decide to what extent to change an already-perfected content calendar? Learn more.

Is your business closed, on a limited schedule, offering different services due to the virus (restaurant takeout/delivery) or been affected somehow by the pandemic? Make sure your Google My Business listing has the most up-to-date information to help consumers. Learn more. Google is adding a feature to GMB listings that allows business owners to easily mark whether they are ‘temporarily closed’ – and will show this information in Search and Maps. Learn more.

Source:  Google

It’s better for businesses to be proactive rather than reactive in the age of social distancing. Learn more.

Agility and thoughtfulness in marketing strategy, at its best: How brands are acting quickly and taking extra precautions to avoid coronavirus insensitivities. Learn more.

To help ease the burden on small businesses, Facebook has created a $100 million grant program to assist 30,000 SMBs in 30 nations. In addition to grants, Facebook is developing a range of other options to provide further assistance. Learn more.

Source:  Facebook


We hope you’ve found our compilation insightful. Stay safe and if you haven’t already, subscribe to our blog to get next week’s roundup delivered straight to your inbox.

[Case Study]: GoWireless Partners with Mindstream, Boosts In-store Sales with Facebook Offers

Mindstream Media Group used Facebook Offer Ads to drive in-store sales over the holiday season for one of the top national wireless retailers, resulting in a 65 percent lower cost per in-store sale compared to link ads.

OVERVIEW

With more than 700 stores across the U.S., our client, GoWireless, is a Verizon Wireless authorized retailer, selling smartphones and other mobile devices, like tablet computers and wireless headphones, as well as pay-as-you-go and monthly service plans from the leading wireless network.

For its holiday campaign, GoWireless partnered with our team of experts to develop two campaigns: one that encouraged people to download a coupon from a branded landing page, and another to encourage people to purchase a new phone or wireless service plan using offer ads.

WHY ADVERTISING ON FACEBOOK IS SO IMPORTANT

2.4 billion people use Facebook every month

Related article: 3 Sure-Fire Reasons Why Multi-Unit Brands Need Facebook Advertising

OBJECTIVES

  • Generate new leads at an improved CPA
  • Multiply in-store wireless sales
  • Increase sales for leading national network provider devices and service plans
  • Encourage people to claim a Facebook offer from the retailer over the holiday season

APPROACH

We worked diligently to create a connected experience across platforms and social networks. In addition to recommending platforms that had a strong brand presence, we also identified which platforms the audience cared about and was already active on to inform our strategies. Refined audience awareness and dynamic audience engagement were used to tap into existing conversations and shape new ones.

Facebook Offers for GoWireless

Facebook offer ads reach audiences through multiple touchpoints and create a more seamless mobile experience for the user, allowing them to claim promotions with the click of a button to:

  • Bookmark the offer on Facebook
  • Receive an email copy of the offer
  • Get notified when they’re near a GoWireless store or when the offer is about to expire

Analyzing and delivering against measurable KPIs allowed us to leverage audience insights to increase campaign efficiency and performance. Best-in-class specifications and methods to boost the potential for awareness and retention were also implemented to deliver ads in the most advantageous format possible.

RESULTS

The dynamic retargeting capabilities of the social platform allowed us to capitalize on audiences who were already engaged and willing to take action. Focusing on the real metrics that make a difference, we expanded our client’s audience to include like-minded users while certifying viewability of ads across all devices. This resulted in ads that connected with consumers in a meaningful way and made a real impact for the client. 

The advanced targeting capabilities and engagement features of Facebook Offer Ads proved to be a great way to drive in-store traffic during the holiday season and promote mobile deals.

“We saw tremendous improvements this holiday quarter, especially for our Black Friday, Christmas, and New Year’s initiatives. The quality of traffic from holiday in-store sales proved to be much higher than any other digital media partner’s performance that we’ve worked with before, and as a result, we saw our holiday Q4 efforts producing significant ROI.”

The campaign was a huge success – more than 45,000 offers were claimed during the two-month campaign and our client reduced their cost per in-store sale by 65 percent compared to link ads.

45000 offers claimed; 10x more offer claims

 

Want to learn more about how paid social media advertising can help boost sales for your business? Contact us today.