The Truth About Innovation, with IPG Media Lab

IPG Media Lab works with some of the world’s largest brands to drive innovation in media, marketing, and business models. As the dedicated innovation initiative of the UM family of agencies, they’ve worked with companies of all sizes, across numerous verticals. Chad Stoller and Adam Simon of IPG Media Lab discussed the types of conversations they have with marketers around innovation, gave us a behind-the-scenes look at how IPG Media stays innovative, and asked whether one can truly measure innovation success.

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SEO in 2021: To Keyword Clusters, and Beyond!

SEO was a lot simpler in a less-crowded marketplace; you could optimize by keyword for your product, industry, or customer demographics and watch your traffic grow. In 2021, however, not only is the online space left with little metaphorical keyword elbow room, but search engines have gotten smarter to keep up with consumer demand. People search more conversationally due to voice assistants like Alexa and Siri, and AI-powered chatbots learn more as they’re being searched, which also contributes to a natural semantic search style. If marketers want to make sure their SEO efforts are being noticed, there are several ways to do this, all of which embrace this more casual way of searching consumers are employing – “long-tail keywords,” those with fewer search results but a higher conversion rate; “keyword clusters,” which group product identifiers that can single out your brand; “natural language processing (or NLP)” which rely on qualifiers like “what” and “where” to make a search less-robotic, and the overall conversational style that voice search and chatbots have made more prominent as of late.

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Pulse Issue 6

They Were... Itsy Bitsy Teenie Weenie Micro-Influencing Trendies

June 2019

Others motivating consumers to buy products is far from a new concept: from family and friends, celebrities, mascots, ambassadors, and spokespeople, all have contributed to the success of product sales and awarenessWith the ubiquity of social media, “influencers” have become the nom du jour for these groups. For years, celebrities and users with millions of followers (macro-influencers) have held court; however, a saturation point has arrived to make way for a new class: micro-influencers, who have a smaller group of followers but a more loyal pre-existing fan base to share. Read on to see how micro-influencers are changing social marketing and how you can use them.
Uproar found that 72% of consumers prefer micro-influencers, with 68% making purchases based on their posts, an indication that micro-influencers have a large influence over their followers. It found that 51% percent of respondents’ favorite non-celebrity influencers had less than 30,000 followers, with 30% having less than 10,000. Micro-influencers play an important and growing role in the influencer marketing space as marketers look to narrow targeting for maximum impact.
The advantage of working with micro-influencers are their highly targeted audiences; even if you’re reaching fewer, you’re reaching the right ones – those genuinely interested in your products or services and have a bigger chance of taking action based on your campaign and buying from you. This article defines micro-influencers, looks at different types and benefits, as well as how to choose the right ones.
Marketing guru Seth Godin notes that marketing on a large scale can sacrifice what makes you special in the first place. Instead of going big, he says, businesses should look for "the smallest viable audience" of fans, and build a meaningful and dedicated community around them. This looks at why social media isn't meant to target the masses, why you should speak to people who are in your "tribe", and how you can get better results by partnering with micro-influencers.
Modern-day versions of influencer marketing include nano-influencers (influencers with between 1,000 and 5,000 followers) and micro-influencers (influencers with between 2,000 and 100,000 followers) on digital platforms. However, why exactly are these types of influencers becoming more popular and sought after by big brands? It’s all about the authenticity of these influencers and the engagement they conjure.
Marketers find it difficult to gauge basic details of influencer arrangements; things like logistics (when and where), scale (how often) and, most importantly, payment (how to and how much) pose a constant challenge to traditional marketers who just don’t know how to fit this new model into their old ways of working. This looks at every level of influencer, their details, and how much they’re typically compensated.
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About ANA Marketing Futures

Knowing that marketers are increasingly challenged in their efforts to keep up with the latest trends and technologies, the Association of National Advertisers (ANA) tasked itself with creating a program designed to help marketers anticipate—and prepare for—the future of marketing.

 

ANA Marketing Futures is what emerged. With a focus on innovative topics and emerging trends, ANA Marketing Futures provides resources that will influence and inform via member cases, research studies, and insight from industry innovators. Check back often to learn about emerging trends and become inspired to take steps toward the growth of your business.

 

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