42
WANT TO DRIVE MILLENNIAL ENGAGEMENT? TURN (BACK) TO EMAIL NICK WORTH | CMO

Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

Embed Size (px)

Citation preview

Page 1: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

WANT TO DRIVE MILLENNIAL ENGAGEMENT?

TURN (BACK) TO EMAIL

NICK WORTH | CMO

Page 2: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth
Page 3: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

#CONSUMERFIRST16

Page 4: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

#CONSUMERFIRST16

Page 5: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth
Page 6: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

YET CEREAL SALES ARE DECLINING

Page 7: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

#CONSUMERFIRST16

Page 8: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

WHILE FOOD BAR SALES SOAR

Page 9: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

• Age 18 – 35

• 40% have children

• College students, workforce, parents

• The largest block of spending power on the

planet – over $3 trillion

MILLENNIALS

FAST FACTS

Page 10: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

45%of millennials stare at phones

4 hours per weekday

64%sleep with their mobile

in the bed or by the bed

Page 11: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

MILLENNIAL HARD TRUTHS

Convenience Value Relevance

Page 12: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

BREAKFAST CEREAL SALES DECLINING

CONVENIENCE

Page 13: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

GROUND COFFEE RISING

Page 14: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

First Digital Generation

Expect high-quality digital

engagement from brands

• Always-on

• Seamless cross-device

experience

• Immediate response

• Fully personalized

• Low-effort interface

KEY FACTS ABOUT

MILLENNIALS

Page 15: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

VALUE

Page 16: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

Came of Age in Tough

Economic Times

Value-Oriented Brand Skeptics

• Lower income, more debt

• Place less premium on brands

• Renters, not buyers

KEY FACTS ABOUT

MILLENNIALS

Page 17: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

MILLENNIALS HAVE LESS SPENDING

POWER THAN OLDER GENERATIONS

Page 18: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

RELEVANCE

Page 19: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

KEY FACTS ABOUT MILLENNIALS

See Themselves as Individuals, Not a Generation

Expect brands to truly know them not as a Millennial but as an individual

with specific interests

• Highly social and sharing-oriented

• Reject identification as a “generation”

• Expect brands to act on data they have

• Want better experience in return

Page 20: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

BUT DO THEY

STILL READ

EMAIL?

Page 21: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

• Nearly 50% of millennials can’t use the

bathroom without checking email

• Millennials check email more frequently

than any other age group

• 98% can’t go more than 3 hours without

checking personal email while at work

• 52% prefer to email family members rather

than call them

Page 22: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

EMAIL INFLUENCES

COMMERCE

73% of Millennials said they prefer to receive

communication from a business via email

59%say they use email as an influencer to buy

things

$39Email has the highest ROI of any channel -

$39 earned for every $1 spent

Page 23: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

EMAIL ON MOBILE

PHONES IS THE

MOST PREFERRED

DIGITAL

COMMUNICATION

METHOD

FOR MILLENIALS

Page 24: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

MESSAGING TO THE MILLENNIAL

Expects immediate responses that are real-time

and mobile optimized

HYPER-

CONNECTED

DATA AWARE Assume brands will leverage their data to create

meaningful experiences

DISTRACTED Expects concise content, effortless experiences,

on demand

PURPOSEFUL Socially conscious, have serious concerns,

want to be informed

Page 25: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

CURRENT AVERAGE HUMAN ATTENTION SPAN

Page 26: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

LESS THAN GOLDFISH

Page 27: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

ENTER:

Continuous Partial

Attention (CPA)

Page 28: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

Mobile is a must

Timing is everything

Pictures are worth a thousand words

Less is More

MESSAGING TO THE MILLENNIAL

Page 29: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

#CONSUMERFIRST16

Page 30: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth
Page 31: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

STUMBLEUPON

Page 32: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

Content discovery platform born in 2001

70% of the audience are millennials

Every month:

• 250,000 new users are added

• Each reads an average of 3.5 hours of

content (875,000 hours)

• Over half a billion recommendations are

served

Page 33: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

• Mobile app and desktop web

• Over 150 trillion webpages indexed

• To serve you … what’s right for you

Page 34: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

Select Stumble Read Rate

Page 35: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

“We realized people were using email as a

landing page, and they only wanted to know the

most important five things for that day.”-- Annie Gherini, Director of Marketing, StumbleUpon

Developed personalized,curated – bi-weekly emails

• 60% open rate and 10% click-through rate

• 50% were accessed via mobile

Page 36: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

More total

time stumbling

“We thought the average session length had

decreased over the last few years, but we

discovered they logged on more frequently, and

in aggregate spent more time per day – just

broken up.”

• Focused on smaller pieces of content

• Shorter video segments

• Snackable StumbleUpon moments

Page 37: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

“Content needs to work for the millennial which

means scientific studies, useful information for

their lives, connecting to them through a

personality.”

• Topics examples

o How does your brain react to beer

o What’s the best sleep position

o Parenting today’s kids

o Healthy fast meals

• Buy authenticity from influencers, lean on the

experts who will resonate

Page 38: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

STUMBLEUPON LEARNINGS:

DESIGN FOR THE SIX INCH SCREEN

• Mobile First

Don’t focus on desktop as the origin, optimize

all creative with that 6 inch screen as the

starting point

• Functional

Narrow content presentation, large buttons, easy

scroll

• Video Quality

Short snippets with lower production quality to

ensure quick play – think Snapchat or Vine rather

than YouTube

Page 39: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

• ConciseShort, clear content bits designed to get information across in minutes

• Visual

Use images, video, graphs and charts to get your point

across

• Interesting

Make a smorgasbord of topics. Change it up

frequently and provide a broad menu of topics to

ensure you are capturing the attention of the

millennial in that moment

STUMBLEUPON LEARNINGS:

SNACKS NOT MEALS

Page 40: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

• Time of day

Most important test to ensure you are reaching them at

opportune moments for them around their busy lives

• Audio/Video

Use it liberally but test both quality, length, and context

• Message

Find the message for your millennial audience, test

content categories to identify the main messages

that resonate

STUMBLEUPON LEARNINGS:

TEST TEST TEST

Page 41: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth

START TO

STUMBLE

YOURSELF

Page 42: Want to Drive Millenial Engagement? Turn (Back) to Email _Nick Worth