Marketing stats to ponder! Yes, we get it statistics can be boring unless you are a numbers type of person. As a creative marketing agency we are more about the visual and content stuff. However, statistics are important too. That’s the point of the blog this month.
We found these stats to be quite interesting https://www.marketingcharts.com/featured-112414 and if you own a business you may want to take a gander.
Typically we discuss things like image quality, design work, color, or the overall look and feel of websites and marketing materials. Branding itself is quite important. On the other hand stats tell their own story.
If you haven’t yet clicked the link above and are still reading we encourage you to do so. Obviously you have some interest in the subject. Although the article was from August 2020 many of these numbers we expect to be the same or higher rolling into 2021. Nevertheless we’ll break down a few things here.
Breaking it Down
Firstly, let’s tackle the “36% US ad spending” in local and regional markets. This is a significant number. Why? Because even large companies realize local and regional customers are a necessity. Belonging to a community and positioning your business locally can lead to huge gains. It will undoubtedly generate many leads as well. All of this of course is pending how you are marketing, what the good or service is, what marketing avenues are being used, and the story it is telling through its marketing strategy.
We’ve found through our work with several local companies that people want to know who the business is. They want to see the owners, employees, and products. Customers feel a connection when the content isn’t always sell sell sell. Custom videos and imagery are a few ways to connect locally. Written stories about these people and products/services also help. The companies we’ve been working with are seeing tremendous results too! If you’d like to know more or want to speak to them yourself just drop us a line. We’ll put you in touch.
Correspondingly, helping neighbors is more important now than in the pre-Corona days. Offering a quality service or product that people can trust and rely on locally are what many are looking for nowadays. If you are using a large national or international marketing firm, you may want to look locally. There are options 🙂 Some marketing stats to ponder!
Breaking Down More
Next, we have the 75% “using paid social” and display. Our take on this number is that it’s probably not 75%. It’s more likely that 75% said they would be using social. Does posting a few times every month or year count? How often would they be posting? What platforms are they using? What is the content? There are variables here. All of that makes a difference.
Absolutely social matters in todays marketing. And we love that 75% find it worthy to note. However, how it is done, the message being conveyed, and images or videos being used are going to determine its success. That is not to mention tags and times of day when posts are being made along with much more. All of this is relevant. Some more marketing stats to ponder!
Needless to say these statistics are very in depth. The source did a fantastic job laying out charts, graphs, and information to make them understandable.
Let’s scroll down more to the section “Coronavirus’ Growing Impact on Advertising Efforts.” Next we look at the second bullet point under Marketers. “Ad messages that address the coronavirus pandemic are resonating with consumers. Ace Metrix found that COVID-19 ads are scoring higher on Relevance (+18%), Likability (+11%) and Information (+12%) than the all-industry norm.”
This is important to remember. Not only are customers seemingly interested in corona messages but it also helps the relevance and likability. Sticking your head in the sand and not tackling important issues doesn’t help. Doing nothing is just as bad. With that being said, your business message should steer clear from controversial messages. If your business can help others through this pandemic mess marketing that message needs to be concise. Content is king. It’s super important how you present your company.
There’s a lot more marketing stats to ponder in the given link. As has been noted, take a look at them. See what you can do for your business.
Need more help? Other questions on what your business can do? Our FREE marketing consultation is offered to any business looking to get on the right track. https://77designco.com/services-2/
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