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This number was higher for millennial respondents, where three-quarters said they considered sustainability when making purchase decisions. This is a unique experience where awareness, decision-making, and purchasing all happen on the same platform – shopping and entertainment all in one. A recent survey from McKinsey & Co.
Have you ever gone on social media with the intent of scrolling for entertainment, but left the app with a new purchase? Within Gen Z, Millennials, and Gen X, social media is the preferred channel for product discovery. Over time, your flywheel allows you to grow without continually investing in customeracquisition.”
Use 80% of your content to inform, educate, or entertain your audience. Your instinct might tell you that if you’re targeting millennials, you should skip Facebook and focus on Instagram and Snapchat. But the data shows that 84% of millennials still use Facebook. It should include a plan for your content mix.
Let’s look at eight brands that give their audience opportunities to get an education in unique and entertaining ways. The millennial market is really who banks like ours are looking to connect with.”. And the new customeracquisition rate increased by 22.5% It’s a key market for us. year over year in the same period.
Research shows that 37% of consumers trust influencers over brands, with Gen Z and Millennials being twice as likely to do this compared with their Boomer counterparts. By participating and getting involved, you can establish yourself as a go-to resource.
Particularly Gen Z and millennials, a whopping 60% and 40%, respectively, turn to social media for travel planning. So, hoteliers, it’s time to ramp up your social media content marketing game and maintain an engaging presence that entertains and attracts them to stay at your hotel. You can read the full case study here.
Interactive content, therefore, combines information and entertainment. This change is even more relevant if we consider generation Y — the millennials, born between 1980 and 1995, who are in the market dictating trends and influencing consumer behavior. A Quiz is a form of interactive content that has already won many fans!
Chatbots for marketing can maximize efficiency in your customer care strategy by increasing engagement and reducing friction in the customer journey, from customeracquisition to retention. Some can be entertaining, like Cleverbot , which was built to respond to prompts like a human would in normal conversation.
It’s being there when consumers need you and seek you out with relevant, educational, helpful, compelling, engaging, and sometimes entertaining information.”. Much of it has to do with a changing B2B buyer (millennials now account for 73 percent of the B2B buyer group ). Rather, it’s a pull strategy – it’s the marketing of attraction.
Of course, this has wide-ranging ramifications for marketing and advertising – as well as a number of other sectors like travel, entertainment and FMCG. As a result, typical customeracquisition costs for brands selling on Amazon has risen from a 15% equivalent transaction fee per order to ones that are typically more than 20%.
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