YouTube is launching a 40-channel network, while traditional TV viewing keeps falling. The use of ad blockers has reached the 47 percent level worldwide, while Google admits that 92 percent of viewers skip pre-rolls when they can. Long-leading brands are seeing huge brand share erosion, while “natural,” “organic,” and imported brands are taking over store shelves. Coke and Pepsi are out, water and club soda are in. Beer and Craft drinks are out, wine and whisky are in.
What’s a marketer to do?
1. Forget what was. Look to what’s next
Hoping for the return of the past—high TV show ratings, newspapers, retail stores, and respect for “authority figures” endorsing your brands—is pointless. Instead, look for the next trends, and reshape your marketing plans and new products. Be quick and take risks, because the former trial time lines don’t exist anymore.
2. Don’t use the “standard” metrics for measuring success
Brand recall isn’t as important for online ad performance because there are no commercial pods to break through. Instead, engagement is the key, because if you don’t capture consumers’ attention within the first few seconds, you have lost your audience. Likewise, stop testing package designs strictly for in-store, on-shelf performance. More and more products are being purchased online, without high SKU visuals. If your individual package doesn’t have high engagement on the eCommerce page, you lose the sale.
3. Think about new ways to reach your audience
Advertisers are experimenting with ways of directly delivering discounts, coupons, and information through signals embedded in standard content—TV, radio, online, in-store, and so on. These signals are inaudible and don’t require the phone owner to activate their apps or WIFI. The messages are customized to the phone owner and the offers are “invited in” instead of being pushed on them. This will be the future of engaging target audiences if the old advertising model starts to fail.
4. Understand how consumers really shop and interact with your brand
Using nondescript glasses, advertisers are learning exactly what engages or turns off shoppers as they go through stores or surf the Internet. Small changes have been found to make substantial differences in product sales.
5. Stop partnering with suppliers who cling to the “old world”
You are fighting a new marketing war with new rules. Using suppliers who are fighting with outdated weapons will prevent you from achieving your goals. Focus groups cannot tell you how your audience will react in the real world or to real media. Likewise, “forced exposure” testing systems are providing “ideal” results, not what will happen in a competitive world.
If you are going to try to understand the new marketing world, align yourself with partners who share your goals and have tools to engage.
I can be reached at 201.569.4800 or firstname.lastname@example.org.
There are a variety of methodologies available in the marketplace that record eye movement and note when products have been seen on shelf. And, as a result, clients often come to PTG looking for us to assist them in measuring how successful their product is at being distinguished among the competition.
As part of these conversations, we explain to our clients that on average 7,000 packages are noted during a simple supermarket trip, yet only 17 items are actually purchased. Often, noting of a product is just required to find the desired product usually placed alongside it. What this means is capturing noting does offer some valuable information; however, evaluating noting in the absence of actual consumer engagement can lead to false results.
Here’s an example that we often share to illustrate our point. Our research has found that noting increases dramatically when a key brand like Kleenex is removed from the shelves. In the absence of additional data points around consumer behavior, this increase in noting would lead one to believe that there was sustained interest in other facial tissue brands; but the reality is, the uptick in noting was the result of consumers searching the shelf for the missing category leader.
When the same scenario was tested using PTG’s truShelf simulated store environment, our patented Saccadic Eye Movement Recorder measured actual consumer engagement and product interaction which provided a much more comprehensive understanding of respondent involvement. For example, we were able to report the degree to which respondents zoomed in on a product, examined a specific section on a shelf and read ingredients on a package – line by line. This level of information not only provides the tactics and recommendations needed for improvement on the shelf, and at the component level, but it also serves as the critical information needed to prove or disprove the noting data. In the example above, our simulated shopping methodology rightly concluded that something was amiss on the facial tissue shelf when noting was up but consumer engagement was nil.
Why is measuring Saccadic eye movement so important? Saccadic eye movement is a biometric indicator that objectively measures cognitive processing. In order for the brain to gain a visual picture of a stimulus, the eye must vibrate and provide constant streams of information to the center of the retina called the fovea. The more visual information the brain wants, the more actively the eye vibrates. These mini-movements are known as macro-saccades. In order for the brain to remember a specific visual, the eye fixates and stops moving for a fraction of a second. These macro-saccades and fixations reflect an empirical level of respondent behavioral engagement that is uniquely recorded by PTG’s patented Saccadic Eye Movement Recording system.
Interested in learning how measuring engagement with Saccadic eye movement is more effective than noting and more indicative of future sales success? Let’s talk. I can be reached at email@example.com.