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Posts Tagged ‘Millennial Marketing’

Marketing to Millennials: Are we still just selling snake oil?

March 1st, 2016
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Skepticism is the disposition of our age. I’m not saying it’s a altogether new, but it is definitely the disposition of anyone under the age of 30 — AKA Millennials (see this study, and this one). I was recently reminded of how this reality impacts marketing when I came across a snake oil spoof video:

 

Most of us are too young to know the history of the original snake oil ads, and yet we have been significantly impacted by them. Some of the original snake oil ads (see below) created so much demand for their product that entire businesses were built upon them. It has been reported that city blocks had to be converted into factories just to handle the demand generated from such an ad.

And yet today, this kind of disingenuous marketing has completely jaded the marketplace. If this ad could even make it past all of its legal offenses today, it would not even come close to producing 1% of the results it did hundred years ago.

Snake Oil Cures AllThe above video, though a spoof, is making a very poignant point — many of today’s marketplace, particularly Millennials, see our “clever and creative” marketing tactics as nothing more than snake oil.

Consider the video as more than just something funny to pass around the office, but as a satirical indictment of our marketing techniques. Yes, the content of the video is absurd, but the marketing approach is not. And the painful truth I am reminded of as I watch it is that the post-modern consumer sees right through all our “best” methods.

 

We are more “oily” than we think

Whether you’re a Millennial or not, you don’t have to go very far to feel what I am talking about. You are a post-modern customer. Consider your email box right now, and look at the emails that have come in the past 24 hours.

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How to Increase Customer Interaction Using 6 Factors in Your Social Media

April 28th, 2015
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With the plethora of social media platforms out there, each with its own unique features and elements, it has become harder for marketers to leverage these social channels into successful campaigns.

In social media channels, what sets failed campaigns apart from successful ones is innovation.

The millennial generation (people born between 1980 and 1995), is quicker to adapt to new technology than older generations. We are usually the first on new social media platforms and the first to abandon them once something better comes along.

Marketing using social media is a low cost investment that could have a high return. To specifically see this with millennials, focus on valuing innovation over consistency.

Don’t be afraid to end a successful campaign right at its peak. This creates a strong “Fear of Missing Out” emotion. FOMO is a big emotional driver for millennials. It is the same drive that compels a majority of us to stand in line at specialty shops hoping to get our hands on a limited edition item to translate into bragging rights over friends on social media. The mark of a successful campaign is one that not only creates customers but also organic brand representatives.

When using social media, marketers have discovered a lot of wrong ways to market to millennials and just as many right ones. The difference between them is learning how to strike a balance between sincerity and irony, detail and vagueness and new and unproven.

 

Sincerity and irony

Millennials in general love irony. Campaigns that are self-aware and poke fun at their own calls-to-action, while still sincerely telling you why you should buy their product over competitors, work better in social media than traditional campaigns.

irony

 

Newcastle beer company recently had a series of ad campaigns that poked fun at the traditional beer commercial featuring beautiful people drinking beer and having a great time. The campaign’s coup de grace was a Super Bowl ad making fun of how much money beer producers spend on Super Bowl ads by trying to put as many brands as possible into a one-minute commercial. The ad has been viewed 1.5 million times in two months and, through that, has probably increased Newcastle’s popularity with young adults.

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