Category: Advertising

Advertising

How Consumers Responded to Black Friday Ads in 2019…

Although Cyber Monday is described as the biggest online shopping event of the year, more than $7.4 billion in online purchases were made on Black Friday in 2019.

While a majority of Black Friday purchases happened online, a Fiserv study found that brick-and-mortar store purchases rose by 4.2% in 2019 compared to 2018. The same study found that a quarter of people traveled 25 miles or more to stores with Black Friday discounts.

By now, you may know that 2019 had one of the biggest Black Fridays ever. But, following the events of 2020, you might be asking yourself, “How will Black Friday shopping change this year?”

Below, we’ll highlight what we learned from polling 300 consumers last year, and how we predict consumer behaviors will change this year:

What We Learned About Black Friday Shoppers in 2019

To help marketers discover more about the consumer behaviors behind Black Friday’s 2019 results, I surveyed a pool of more than 300 people using Lucid Software back in December. The goal was to learn what led them to engage with or purchase products in Black Friday ads.

Here’s what we learned from our results

Black Friday Marketing Saw Major Online Engagement

With crazy Black Friday deals comes an inundation of Black Friday ads throughout all forms of media. It’s no surprise that millions of people shopped on Black Friday — but which ad strategies actually led to purchases?

When I asked participants, “Did you engage with any online ads or promotions for Black Friday?”, 61% said they engaged with one or more ads in some way, while only 39% said they disregarded them.

Data Source: Lucid Software

Of that 61% of people who engaged with one or more ads, 38% clicked on the promotions without making a purchase, while 23% converted to a customer after clicking the ad.

When it comes to where people saw the ads they clicked on, 62% found promotions on social media.

Data Source: Lucid Software

“Non-social media sites” were also a fairly successful place for promotion, with 38% of people saying they clicked on ads in these locations. These sites could include websites owned by other brands where a native ad is located, search engine platforms, or other areas of the web that aren’t considered social media.

Although only 32% of people said they clicked on ads shown in marketing emails, recent research still shows that this tactic is still a vital part of digital marketing. In fact, CampaignMonitor recently published research showing that email marketing was responsible for 20% of holiday-related traffic.

Aside from the ad’s location, the product or service advertised could have played a role in an audience’s level of engagement. To get an idea of which products were most popular, I asked survey participants, “Which best describes the products or services that were featured in the Black Friday ads you clicked on.”

Of those who said they clicked on or purchased something from an ad in the first question of the survey, roughly 36% said the ads they engaged with featured products in the “Gadgets and Technology” category. Meanwhile, two other popular categories were “Fashion and Beauty” and “Home Goods, Furniture, and Decor” which both received votes from more than 18% of participants.

Black Friday Ads Actually Lead to Foot Traffic

In 2019, in-store Black Friday foot traffic dropped 6% lower than in 2018. However, this shopping event was still significant for brick-and-mortar stores as earnings from in-store purchases still rose by 4.2%.

Much of the in-store foot traffic and purchases could have also been because of ads. When I asked consumers if they “entered a store on Black Friday after seeing an ad or promotion for its sales,” more than half said, “Yes.”

Data Source: Lucid Software

To determine how much impact online ads made on Black Friday foot traffic as compared to physical ads, I asked the same consumers, “Where did you see the Black Friday ads for the store you visited on Black Friday?” Those surveyed could choose from a long list of ad style options from more digital social media promotions to traditional TV commercials or newspaper advertisements.

Although these participants decided to brave crowded physical stores on Black Friday, the survey found that they weren’t pulled into them by physical or more traditional ads like billboards, newspaper promotions, or commercials.

Again, social media was the front-runner, as 38% of people who entered stores on Black Friday found ads on these types of platforms first.

Aside from social media, 15% of those who visited a store due to a Black Friday ad said they saw it on the store’s own website. Only small portions of those surveyed said they went to a store after seeing television commercials (7%), email marketing ads (7%), newspaper promotions (8%), or physical signage (1%).

Although only 7% found ads that led them to physical stores in marketing emails, other data shows that including ads and offers in e-newsletters was still a vital strategy for gaining web visits, leads, and even in-store foot traffic.

4 Predictions for Black Friday 2020

When we last published this post in December 2019, we anticipated that web presence and online marketing would be key for small and large businesses in 2020.

Now that the COVID-19 pandemic has brought many brands online — and quickened digital transformation around the globe — an internet presence isn’t just nice to have. At this point, it might be vital. 

Below are just four research-backed Black Friday predictions and tips for how brands can navigate themy.

1.  Brands with an online presence will outperform brands without one on Black Friday.

Our 2019 results and mounting research continues to show the growing importance of developing or constantly improving on a web presence. 

And as we mentioned, an online web presence might not just be a nice perk for your customers. It might result in ROI for your brand, especially on Black Friday. In 2020, it’s projected that online holiday spend will surpass $189 billion — up 33% from 2019. 

At this point, growing an online presence can be easy and affordable. For example, if you’re just tipping your toes into online marketing, you could start with free strategies like building a social media profile, launching a basic website, starting a marketing email, or creating a Google My Business for your store. Then, once you’re comfortable, you experiment with larger investments such as buying online ads.

The strategies above will allow people across the web to learn more about your brand, offerings, or services. These tactics could also make it easier for prospects to find you when they’re researching products or services in your industry.

2. Consumers will continue to use social media to learn about products and Black Friday sales.

While an overall internet presence could take your brand a long way, a great and affordable place to start marketing or advertising could be on social media platforms like Facebook or Instagram. 

Due to social media’s popularity and track record for ROI, you’ll definitely want to consider advertising or at least posting for free about your products on platforms that align well with your audience if you aren’t doing so already.

If you’re trying to build your social presence, or determine which platforms you should be promoting your products or deals on, check out this research-based blog post where I reveal which social media platforms people use to learn about products.

3. Most Black Friday purchases will happen online.

This might sound like a no brainer, but it is important to keep in mind as you plan your Black Friday strategy for 2020.

While there will still likely be Black Friday shoppers that brave crowded stores, the 2019 and 2020 data above suggests that more people will avoid in-person shopping as much as possible on Black Friday — as well as throughout the holiday season. 

This year, people have embraced online shopping and ecommerce more than ever before. And, even if a physical store hosts a big sale, consumers might be more likely to order products from the safety of their own home. 

Along with online advertising and marketing techniques, you’ll also want to consider other ways that your brand can do business online. For example, it might be an excellent time to launch an online store or virtual services ahead of the global shopping holiday. 

If you don’t consider yourself web savvy, a number of tools and platforms can help you create and manage an online store in minutes. For example, Facebook recently launched Facebook Shops, which allows users to create online stores linked to directly to a Facebook or Instagram Business profile.

4. People will place needs over perks when purchasing products.

This year, we’ve seen consumers toss aside fancy products and brand loyalty to budget for products that help them solve problems or provide long-term value. 

Why? Due to the financial uncertainties of 2020, consumers are finding themselves on tighter budgets and are more cautious than ever about bigger investments. 

What does this mean for marketers? It will be more important to market your product, deal, or sales value points than ever before. Even if you work for a notable brand, consumers will be looking for value beyond your logo in order to justify buying something. In the section below, we’ll give you a few tips on how to do just that.

Tips for Creating Effective Black Friday Ads

1. Highlight how a service or product can solve for your customer.

Remember, this year, shoppers of all ages will be more cautious than ever about the products they’ll be buying. While some might be saving up to splurge during the holiday season, they’ll still be taking their product research seriously to determine that anything they spend money on will have solid value. 

For marketers and advertisers, this means that your ads should aim to educate ideal customers about your offerings, how they can help them, or why they might need them in their daily lives. 

But, how do you convey that your offerings are valuable, important, or necessities when you don’t actually sell an essential product? Although it can take some creativity, it is possible to do this.

Below is an example of Twitter content from InfoArmor, an information security service owned by Allstate. In the tweet, InfoArmor shared a blog post about the dangers of information security when working remotely and how InfoArmor could protect remote employee information.

infoarmor tweet designating why people need to. purchase a product

2. Present deals, sales, or affordable offers.

Aside from aiming to buy products with the best value, budget conscious shoppers will also be looking for the best deals this holiday season. If you can offer a deal or sale on your product or offering, embrace that information in your advertising. Here’s a great ad from Walmart that highlights all the online deals they’ll be offering this year:

Walmart Black Friday Deals for Days Ads

Source

Along with the ad highlighting a bunch of great deals and alternatives for Black Friday in-person sales, the ad is also interesting because it’s interactive online but formatted so it can also work as a static print ad if needed. 

Aside from the ad above, Walmart has created content with a similar aesthetic and deal-oriented message for social media platforms like Facebook. Here’s a screenshot of featured content on its Facebook Business page.

Walmarts Deals for Days Black Friday Shopping content on Facebook

3. Embrace video marketing.

In our 2020 State of Marketing Report, we found that video is the leading form of marketing content used across industries. And, with Gen-Z and millennials embracing video more than ever for product discovery, this format becomes more of a low-hanging fruit each year.

If you think video marketing is only for big brands, think again. In the last year, we’ve seen all sorts of small and large brands affordably embrace video ad and long-form content strategies that helped them gain ROI. Here’s one great example of a startup demo video created by Beauty Bakerie.

 

While the content allows viewers to see what the products will look like in real life, Cashmere, the brand’s CEO — Cashmere Nicole Carillo — gives instructions on how to use it so they’ll also know just how easy it is to add to their daily beauty routine.

4. Create content for different online platforms.

Regardless of which online platforms you embrace, be sure to create content that speaks to those customers, rather than just placing a basic ad on every website you can access. 

By creating content that’s tailored to platforms your customers use, you’ll increase the likelihood of catching their eyes as they scroll through endless web pages, feeds, or email inboxes. And, once you grab their attention, you can use that content to highlight your value proposition in an entertaining or interesting way.

For example, if you’re creating an ad for Instagram, it might be tempting to just use a picture of the ad you made for a website or newspaper on with a basic caption. But, that might not be engaging for people scrolling through their feeds looking for valuable product information or entertaining content. Instead, consider creating a short marketing video or a series of photos of customers with your product to better engage this audience.

Below is a great example of a Black Friday post that could also work well as an ad on Instagram. The post shows a video demo of someone from Hair Vivi putting on one of the brand’s wigs.

 
 
 

 
 
View this post on Instagram

 
 
 
 

 
 

 
 
 

Step by step simple lace frontal bob install✨🔥💯 @_excuse_my_beauty looks cute with our bob wig Wig Name: The Queen 👑 10% Off Code: NYE2020 ✨ https://www.hairvivi.com/✨ . . . . . #hairvivi #hairvivigirl #hairviviwig #bluntbob #bobunit #wiginstallation #wigvideo #wigslayer #blackinfluencer #blackfriday2019 #blackfridaysales #bobwig #boblife

A post shared by Hair Vivi|Wig Company (@hairvivicom) on Jan 20, 2020 at 5:47pm PST

While the video shows viewers how easy it is to put on the wig, the caption also highlights the product’s value and the company’s Black Friday deals. 

Navigating Black Friday 2020

It’s safe to say this year’s Black Friday will be one of a kind. But, many of the consumer behaviors you’ll see won’t go away. anytime soon. 

On Black Friday and throughout the rest of 2020, some of the most successful brands will embrace online marketing strategies, meet their audiences on the platforms they regularly use, and effectively leverage content to highlight the value or affordability of their products. 

Craving more Black Friday data ahead of the event? Check out this handy list of stats. 

Editor’s Note: This blog post was originally published in December 2019 but was updated for freshness and comprehensiveness in November 2020.

Advertising

7 of the Best Ad Management Tools for 2020

Time is one of the most valuable resources we have — that’s why efficiency is something so many people strive for. The good news is that there are a plethora of marketing tools available today with the power to help you boost productivity and streamline monotonous processes or tasks — ad management tools are among the many options. 

Ad Management Tools

In this blog post, we’ll talk about what ad management tools are, why they’re beneficial for all businesses, and which ones you may want to use. Let’s dive in.

What are ad management tools?

Ad (advertising) management tools have the power to streamline and automate different aspects of advertising including ad and campaign planning, collaboration, execution, sharing, monitoring, and analysis.

Why use ad management tools?

Ad management tools have many benefits. Here are some examples:

  • Save advertisers and marketers valuable time.
  • Improve productivity and efficiency.
  • Make collaboration simple.
  • Run cross-channel campaigns with ease.
  • Optimize your campaign structure.
  • Create insightful and customized reports with powerful analytics and reporting tools.
  • Visualize your data in a way that makes sense for your business and goals.
  • Increase the chances of successful ads and campaigns among your target audience.

Now, let’s review seven powerful ad management tools, meant for different types of ads, goals, and teams.

7 Best Ad Management Tools

1. HubSpot Ad Tracking Software

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HubSpot’s Ad Tracking Software helps you with your inbound marketing strategy and campaigns. You can run all of your campaigns out of this tool from start to finish — meaning, the HubSpot supports ad creation, management, and reporting across different networks.

Other unique and notable features you get from HubSpot’s Ad Tracking Software are:

  • Automate ad targeting using Lists which will sync your leads and audience for targeting opportunities.
  • Manage ad campaigns on Facebook, Instagram, LinkedIn, and Google.
  • Report on ROI and leads from the platforms you share your ads on (e.g. LinkedIn, Google).
  • Understand audience behavior by identifying which contacts took action and engaged with your ads.
  • Align ads with your other marketing efforts — this is simple because HubSpot Ads live with Marketing Hub.
  • Use data from your HubSpot CRM to inform your campaigns and help you determine which ads are most likely to convert contacts into paying customers.

Price of HubSpot Ad Tracking Software

Free, or you can start with/ upgrade to a paid plan depending on your needs and goals.

2. AdRoll

adroll ad management tool

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AdRoll is a platform for ecommerce businesses that focuses on ads, email marketing, AI-based product recommendations, and cross-channel measurement. The platform acts as a home base for all of your business’s marketing and advertising activity. Here are some of AdRoll’s other notable capabilities:

  • Personalize dynamic ads using AI-powered product recommendations to target your audience members.
  • Share targeted videos and display ads to foster emotional connections with your audience.
  • Create relevant product offers, dynamic ads, emails, and other forms of outreach using data you’ve collected about your customers along with AdRoll’s 1.2 billion shopper profiles.
  • Use advanced measurement and attribution to identify growth opportunities and determine customer lifetime value (CLV).
  • Target your audience with paid digital media and account-based ad campaigns by integrating AdRoll with your CRM.

Price of AdRoll

Plans range from $0-$19 depending on your needs.

3. RollWorks

rollworks ad management tool

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RollWorks is an account-based platform meant to help you identify target accounts, engage them via ads and various channels, and measure your impact and success in doing so. The tool is capable of target account identification, target account prioritization, automating various sales tasks, and account-based advertising. Here are some more things you can do with RollWorks:

  • Reach and engage highly-qualified accounts with ads, lead-gen tactics, and targeted account-based marketing (ABM) programs.
  • Use account-based ads to identify your target audience and encourage those people to visit your website.
  • Create retargeting ads to bring leads back to your site.
  • Integrate RollWorks with your HubSpot CRM to reach contacts that matter most to your business and view RollWorks data within the CRM.
  • Use dynamic messages to personalize your ads and make them relevant.
  • Automate your sales emails and follow-ups to save time and increase chances of engagement.
  • Easily track the success of your campaigns, account-based programs, sales automation sequences.

Price of RollWorks

The Starter plan costs $975 per month, and you can upgrade from there.

4. Influ2

influ2 ad management tool

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Influ2 is a person-based ad platform meant specifically for B2B. With the tool, show your ads to specific people and then measure the success of the ads among those targeted. Here are some other things you can do with Influ2: 

  • Select individuals to see your ads so they’re highly-relevant and targeted.
  • Improve brand awareness and recognition by only displaying curated ads and information to hand-selected audience members.
  • Connect Influ2 with your HubSpot CRM to sync contacts and targeting efforts with Sales and Marketing.
  • Use the Name-by-Name Tracker feature to see the names, emails, titles, companies, LinkedIn profiles of the people who interact with your ads.
  • Determine the best time to reach out to a prospect by tracking their engagement via views and clicks.
  • Keep your current customers engaged with person-based ads by offering relevant and informative content when they need it.

Price of Influ2

Contact Influ2 for demo and quote.

5. Adstream

adstream ad management tool

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Adstream is an all-in-one digital asset management and ad delivery solution for broadcasters, publishers, and online services. It’s a Connectivity Suite, meaning it integrates and connects all aspects of your marketing including digital asset management and delivery, traffic management, media automation, and analytics. Here are some more notable capabilities:

  • Use a single workflow across marketing teams for total transparency and easy collaboration while organizing, creating, and sharing digital content.
  • Distribute your digital content among Adstream’s 79,000 global media destinations that the platform can connect you to.
  • Auto-adjust your content so it suits the different areas it’s being shared in around the world.
  • Add your incoming ads to the Traffic Management Inbox — here, you can easily review those ads as well as make edits, approve, and send them to another individual or team (e.g. Production).
  • Automate different workflows, or aspects of your workflows, to increase efficiency such as processes related to clearance or usage rights.
  • Measure the success of your digital campaigns and processes behind them with analytics, real-time reports, and tracking.

Price of Adstream

Contact Adstream for a quote.

6. 6Sesnse

6sense account engagement ad management tool

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6Sense is an account-engagement platform with account-based advertising capabilities. The platform uses AI, big data, and machine learning to help you understand and identify your target audience’s buying behavior, prioritize accounts for Sales and Marketing, as well as create and share personalized and engaging campaigns/ content. Let’s look at some more features:

  • Engage your target audience members at scale with highly-relevant, unique, cross-channel messages.
  • Use account data to create targeted display ads that help you reach key players at target accounts.
  • Align Sales and Marketing as a single revenue team on the platform to accurately measure your account-based success.
  • Segment data about your target accounts for insight into the success of your campaigns among those specific accounts.
  • Use AI to help you predict prospect and account behavior throughout the buyer’s journey so you know when to target them with your ads, campaigns, and personalized messaging.
  • Refer to the platform’s Intent Data to discover which accounts are in the market for a product or service like yours with buying signals on first and third-party websites.

Price of 6Sense

Contact 6Sense for pricing information.

7. Celtra

celtra advertising management tool and creative platform

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Celtra is a cloud-based software that automates creative production. With the platform, all aspects of collaboration will be streamlined and more efficient thanks to its cloud-based nature — team members can design, approve, and share digital assets among markets, campaigns, and more. Here are some more features to be aware of:

  • Use the Ad Builder’s templates to design unique and branded ads without any code — these ads can include ecommerce features as well as video and animation.
  • Get real-time reports that include over 100 metrics and dimensions to better understand the success of your creative work, campaigns, and ads.
  • Build user-friendly ad products to help you engage prospects.
  • Customize your ad products to suit your business with features like shoppable video, product galleries, and text and graphic overlays.
  • Gain access to Celtra’s support team and hundreds of on-demand videos and tutorials to help you achieve your goals on the platform.

Price of Celtra

Contact Celtra for pricing information.

Grow Better With Ad Management Tools

Your marketing team is bound to grow better with an effective ad management tool — don’t be afraid to experiment with various options to find the one that meets your needs and goals.

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