Author: Franz Malten Buemann

  • How E.l.f. Saw A 49% Increase in Sales by Focusing On Gen Z

    Welcome to HubSpot Marketing News! Tap in for campaign deep dives, the latest marketing industry news, and tried-and-true insights from HubSpot’s media team.
    Is there anything more satisfying than getting a great deal on a more affordable version of a popular product? Fans of the beauty company e.l.f. don’t seem to think so.
    Founded in 2004, e.l.f. (an acronym for eyes, lips, and face) was created to offer high-quality cosmetics at a low cost. At the time of its launch, most of e.l.f.’s products cost between $1 to $3.
    In its first decade, the company experienced a period of steady growth, expanding its product line, opening its own retail spaces, and finding some success in digital marketing. But by 2018, e.l.f. was experiencing a plateau in sales, and closed its standing retail stores, priming the brand for a marketing pivot.
    E.l.f.’s shift to TikTok
    In 2019, the hashtag #elfcosmetics had over 3 million views on TikTok before e.l.f. even had its own presence on the platform. With this in mind, the company shifted its marketing strategy to focus on TikTok’s user base (which was overwhelmingly Gen Z), leveraging short-form video and user-generated content in its #EyesLipsFace campaign.

    Alongside Brooklyn-based agency Movers + Shakers, e.l.f. commissioned an original song that was catchy enough to go viral and encouraged TikTok users to feature the song and the hashtag #EyesLipsFace. The campaign was among TikTok’s most viral and cemented e.l.f.’s newfound focus on a Gen Z audience.
    To keep the buzz going, e.l.f. centered its messaging on key points that Gen Z values when making purchasing decisions:

    Social responsibility: 50% of Gen Z consumers won’t purchase products from beauty brands that aren’t cruelty-free.
    Affordability: Gen Z may also be more frugal than other generations. 80% of Gen Z consumers will wait until an item goes on sale to buy it, and 60% of Gen Z buyers said the price of a product was the number one factor they consider when making purchasing decisions.

    These are two areas e.l.f. cosmetics can deliver on. Since its founding, e.l.f. has been cruelty-free and continues to center this point in its messaging. Compared to other beauty brands, e.l.f. continues to be among the most affordable options.
    Bring on the dupes
    Capitalizing on its reputation as an affordable brand, e.l.f. began introducing more budget-friendly alternatives to viral beauty products, also known as dupes. 
    Some of e.l.f.’s dupes that have gone viral on social media include:

    Halo Glow Liquid Filter ($14): a popular dupe for Charlotte Tilbury’s Flawless Filter ($49)
    Power Grip Primer ($10): a makeup primer that has drawn comparisons to the Hydro Grip Primer by Milk Makeup ($38)
    Hydrating Camo Concealer ($7): a concealer product that users have compared to Tarte’s Shape Tape ($31)
    Halo Glow Beauty Wands ($9): blush, highlighter, and contour sticks that are reminiscent of Charlotte Tilbury’s Beauty Light Wands ($42)
    Brow Lift ($6): an eyebrow gel that’s considered a dupe of the Brow Freeze product by Anastasia Beverly Hills ($23)
    Whoa Glow ($14): a tinted facial sunscreen that is similar to Supergoop’s popular Glow Screen product ($38)

    From the packaging to the formulations, it’s clear that e.l.f. is hoping to capture budget-conscious customers who are looking for affordable alternatives to these higher-end products. When these customers share their findings, it often results in user-generated content that has high reach and engagement potential.

    @katiehub.org elf, KEEP DOING WHAT YOURE DOING. IM HERE FOR IT!!
    #fyp
    #dupe
    #makeup
    #charlottetilbury
    #elfcosmetics
    ♬ Awkward Silence – The Elevator Music Jazz Trio

    In addition to creating dupes of popular high-end products, e.l.f. has also launched a series of high-profile collaborations designed to catch the attention of Gen Z including:

    A December 2022 holiday-themed campaign starring singer Meghan Trainor in collaboration with The Weather Channel.
    A 2023 denim-themed collection in partnership with American Eagle Outfitters (which is also a popular brand among Gen Z shoppers).

    How effective was e.l.f.’s pivot to focus on Gen Z?
    Based on the information available, these tactics have certainly been effective. According to Piper Sandler’s spring 2023 survey, e.l.f. is the generation’s top cosmetics brand, and this finding is reflected in the sales numbers.
    E.l.f. reported a 49% increase in sales from 2021 to 2022. Furthermore, e.l.f.’s growth outpaced the overall growth of the cosmetics industry. In 2021, the cosmetics industry saw an 8% year-over-year increase, while e.l.f. grew by 36% and the momentum is expected to continue. Earlier this year, e.l.f. raised its 2023 outlook by nearly $100 million.
    That’s a lot of concealer.
    Elsewhere in Marketing
    The latest marketing news and strategy insights.
    Google announces plans to include conversational AI elements in its search results.
    Gone sour: makeup company Tarte is making headlines again for its latest influencer trip.
    Microsoft introduced a new API that would allow companies to run ads in AI chat experiences.
    Amazon recently launched Inspire, its TikTok-inspired shopping platform.

  • Marketing Cloud Administrator Certification Guide & Tips

    The Marketing Cloud Administrator certification is for those marketing professionals who have experience setting up and maintaining various modules (Studios/Builders) and features in the Marketing Cloud suite.  This guide will share my experiences working towards passing the Marketing Cloud Administrator certification so that you can… Read More

  • What comes after trust?

    Walk into a bank with a stocking on your head and you’re probably going to get arrested.

    Civil society as we know it is dependent on identity and responsibility. A person does something and owns the consequences. This requirement of identity leads to the dynamic of the free market that we call trust.

    Even companies, which aren’t people but lately have been given many of their privileges, occasionally have to pay the price for abusing our trust.

    But what happens when the email, the essay, the voice, the interactions–aren’t from a person, but from a swarm of bots? Is that really Donny Osmond singing us Happy Birthday or a clever AI construction?

    [On the other hand, people are really making good use of the free AI on this blog–and so far, it’s pretty trustworthy.]

    When the internet began to chip away at our interpersonal relationships, we relied on brand names or clues to figure out what was real. We invented captchas and filters to figure out who or what was truthworthy.

    A certain kind of trust is no longer useful. Selfish hustlers are going to be one of the first big winners in the AI race, abusing systems that were built on traditional ideas of identity and responsibility.

    Then what?

    This is a fine moment to start taking the question seriously.

  • Using AI to Create Videos in Seconds

    I found an AI which can be used to create videos for YouTube, TikTok, Instagram etc. Super Simple and Easy to use. Reduce the need to hire actors and video editors. Video is created in seconds. Click here for the AI: https://pictory.ai?ref=mirosha24 submitted by /u/Mountain_Ball6860 [link] [comments]

  • 10 Fast and Simple Email Marketing Tips For The Finance Professional

    Email marketing is a powerful tool for finance professionals looking to grow their networks and increase their client base. With the right strategy, email campaigns can be an effective way to reach potential customers and build relationships with existing ones.  In this article, we will provide you with some simple tips that you can use…
    The post 10 Fast and Simple Email Marketing Tips For The Finance Professional appeared first on Benchmark Email.

  • Creating and measuring value of service: the healthcare industry perspective with Leslie Pagel

    The healthcare industry across the world has entered an era of vulnerability. We are facing staff shortages, a cost of living crisis, and general anxiety among workers and patients. Maintaining a high standard of service has become increasingly challenging.  However, there is excitement regarding advanced technology integration in healthcare. Healthcare providers across the world now…
    The post Creating and measuring value of service: the healthcare industry perspective with Leslie Pagel appeared first on Customer Experience Magazine.

  • Money Maker

    “Affiliate Marketing – Der ultimative Leitfaden zum Online-Erfolg” ist das perfekte Buch für jeden, der sein Wissen über Affiliate-Marketing vertiefen und erfolgreich online Geld verdienen möchte. Dieses Buch bietet Ihnen eine umfassende Einführung in die Welt des Affiliate-Marketings und zeigt Ihnen, wie Sie ein profitables Affiliate-Geschäft aufbauen können. Von den Grundlagen des Affiliate-Marketings bis hin zu fortgeschrittenen Techniken und Strategien – dieses Buch bietet Ihnen alles, was Sie brauchen, um erfolgreich zu sein. Erfahren Sie, wie Sie Ihre Affiliate-Produkte auswählen, eine erfolgreiche Website aufbauen, Traffic generieren und Ihre Conversions optimieren können. Mit praktischen Beispielen und Tipps von Experten werden Sie schnell in der Lage sein, Ihre eigene erfolgreiche Affiliate-Marketing-Kampagne zu starten. Darüber hinaus werden auch Themen wie rechtliche Aspekte, Beziehungsmanagement zu Affiliate-Partnern und das Erstellen von Werbemitteln behandelt, um sicherzustellen, dass Sie alle wichtigen Faktoren berücksichtigen, um ein erfolgreiches Affiliate-Marketing-Programm aufzubauen. Dieses Buch ist eine unverzichtbare Ressource für jeden, der online Geld verdienen möchte, sei es als Affiliate-Vermarkter, Blogger oder Website-Besitzer. Holen Sie sich jetzt “Affiliate Marketing – Der ultimative Leitfaden zum Online-Erfolg” und beginnen Sie, Ihr eigenes profitables Affiliate-Geschäft aufzubauen! Link: https://www.copecart.com/products/96354147/p/Joschua18 submitted by /u/TechnicalFollowing42 [link] [comments]

  • Conducting consumer interviews: your guide to actionable insights  

    Consumer interviews are the most powerful method of understanding how a product or service fits around someone’s life. Through interviews, a researcher gets a rare opportunity to observe facial expressions, emotions, and a broader perspective on what value a product brings to the consumer. However, why would consumers give you time and believe their inputs…
    The post <strong>Conducting consumer interviews: your guide to actionable insights </strong>  appeared first on Customer Experience Magazine.

  • 7 Lessons from Jay Acunzo for Creators and Marketers

    Jay Acunzo has been creating content on the Internet for a long time. His journey on social media began when, as a sports journalist in 2005, he started a blog while interning and writing for a student paper.When he moved into marketing, his sports blog called “Blog, Don’t Lie” (named after the infamous quote by NBA player Rasheed Wallace) shifted focus to writing about sports writing. He wrote about other creators who were writing about sports, connecting with and celebrating their work. And to find those people, there was no better place than social media.Thanks to his early start on social media and his deep understanding of the relationship between marketing and creativity, Jay brings a unique perspective from which creators and marketers can learn a lot. In this article, we dive into the lessons from Jay Acunzo for the modern creator.Your job isn’t to speak clearly – it’s to create connectionIt’s easy to get sucked into the numbers and metrics and make that the focus of your work as a creator or marketer. Your audience doesn’t have that perspective, and so your content may not perform well because you think the job is to create content. However, the job is to create connection, and the best way to do that is to ensure that your own personal creative fingerprints are all over the work. Infuse your personal perspective, your lived experiences, and your stories, and you become irreplaceable in the eyes of your audience.In other words, share the things you lived through, observed, or remember that led to a meaningful experience or insight. That’s what effective storytellers do. You might be wondering how practical “creating connection” is, but Jay shares a great way to reframe your perspective: “Yes, you can measure things you can buy. Or the things social networks say you should prioritize. But you can also measure the things you have to earn – and marketers don’t do the second one nearly enough.”So you can buy downloads to a podcast, but you have to earn episode completions. You can buy traffic to your website, you have to earn repeat visitors. You can buy emails for your list, you have to earn replies to your email. These are the signals that your work matters and resonates because you created connection with your audience.🖊️Key Takeaway: Focus on making genuine connections with your audience by infusing your personal perspective and experiences into your work.If you’re worried about AI, you’ve got it all wrongThere are two sides to the coin when it comes to the use of AI in content creation and marketing – those who use it to produce their work instead of to unblock or facilitate it.On one side, if they think the job is to create content, will worry about or use AI as a creator replacement. They will let it create whole pieces of content for them, essentially outsourcing their imagination.However, the other side, if they know the job is to create a connection, will use the same tools potentially, but in different ways to unblock their imagination instead of outsourcing it. They’ll use it to enhance what they’re trying to do. They lead, and the tool serves them.And in everyone else’s case, when they think the job is content, they seem to be serving the tool, which makes no sense. In what world does a chef ask the carrot to cook?🖊️Key Takeaway: Rather than outsourcing your creativity to it, use AI to enhance your creativity and unblock your imagination.Resonance > reachNow, typically, when marketers are thinking about growth, they think they have a reach problem when really they have a resonance problem. If you can reach some people, and those people aren’t really excited and going and finding the others for you through word of mouth, then you have a resonance problem, not a reach problem.If your work doesn’t matter, no amount of marketing will change that. And an easy example is that we can all reach some people very easily, very efficiently, if not for free. Are those few people responding in big ways? If not, the average marketer says, “We gotta go reach more people.” But the storyteller, without a marketing hat on, would say, why would we go reach more people who are total strangers? These are the people that like or even trust us, and they’re not excited? Shouldn’t we get them excited?”Start with one thing and make it really good. If it deserves to be spread, it will spread easier. You won’t feel like you have to beg for attention because you’ve learned to resonate.So the first hurdle to get from reach to resonance is: are you creating anything that matters to a few people? If you can’t do that, don’t invest any more time or budget into trying to get in front of more people – focus on getting those few people to care.If you can do that, you don’t need to widen the top of the funnel because every individual who meets you adores you, buys from you, takes action with you, and is excited to share you with the people they know.🖊️Key Takeaway: Ensure your content resonates with a few people before trying to reach a larger audience. Resonating deeply with a small audience is better than being ignored by a large one.Personality should be present in all your contentJay is a storyteller above anything else, and his personal perspective is hardwon. He described his work saying, “I tell stories and try to extract unexpected insights from those stories for people who want to produce quality work. My mission is to help people make what matters to their careers, to their companies, and to their communities.” But he wasn’t always this clear on his positioning. He shared that he started out imitating a lot of his heroes before he was able to define his own voice.“The problem with many creators is that they never try to break out of the sameness and find a distinction in their category. There’s a lot of commodity content, there’s a lot of copycat thinking, and there’s a lot of sameness out there.”A lot of people who want to stand out from that sameness think that their job is to get increasingly loud, outrank, or outhype the competition. But, as he puts it, “I actually think that the job is to resonate deeper, so you need to beg for attention less.”If you’re working on something, even if you’re ticking a checklist, someone should notice if you stopped working on that project because something about your execution made it different and distinct.The idea that you have things in your life that no language learning model (LLM) or AI has been trained on – they can’t access that stuff, so use it. Your perspective and personality – everything that makes you you –  is your unique, unfair advantage.Most people haven’t been using that advantage fully, even before AI burst into popularity. We think we have to be a vessel that creates what “works” for the “audience”. So we hunt down lists of the best hooks for TikTok or the most engaging Twitter Thread format. The problem with that approach is that you start creating generic content without a perspective or point of view and without an experiential differentiator to it, so AI is your replacement. But if you know how to imbue your work with personal perspective and personality, AI becomes your intern. Jay thinks we should look harder at the people who aren’t worried about AI because they are letting their personal perspectives, beliefs and frustrations, and vision for the world and their work lead instead of leaving it to chance that somehow they’ll show up in the work.🖊️Key Takeaway: Your unique perspective and experiences make you irreplaceable in the eyes of your audience, so let your personality shine through your content.Process, Posture, and PracticeWhen you’re thinking about creating content, and you get stumped, go back to your roots. Create the things you wish existed, and go find the others who also want that to exist. To quote Jay, “Pick your audience, pick your future.”Most people approach content creation by thinking, “What do people want?” And then they run into a wall because they have a monolithic idea of “people” and “audience” and “content”. They’re going, “Our “audience”, wants “snackable short-form videos.” Do they? Or will they consume anything you create because there is a personality that shines through the content? A lot of marketers (and creators) think of themselves as having mastered the craft of content. What they’ve mastered, though, is Process, defined by Jay as the workflow, techniques, and tools to guide your work. But there are two other pieces that not enough people consider: Posture and Practice.Posture is how you see yourself and the world. It is the messy bag of humanity that you bring with you to your work, your confidence, your style, your tone, your lived experiences, and your memories.Then there’s Practice, which sees you shipping on a consistent, coherent schedule, not for work or because someone gave you permission, but because it’s Wednesday, and on Wednesday, you ship an article or tweet or post just to get better at it. That’s where you master your craft.Process is something someone hands you – it requires the least amount of effort. And if that’s all you’re good at, soon you won’t be needed because AI is really good at Process. But when you have a Posture and when you’ve worked at it through Practice, and when you use all three in tandem, you become irreplaceable. You develop a perspective, a tone of voice, a style, and people start coming to you, not because of your content, but because it’s you. 🖊️Key Takeaway: Master your craft by focusing on the workflow, techniques, tools, and personal elements you bring to your work, and consistently create content on a schedule (Buffer can help with this last bit) 😉Want to niche down? Develop a premiseWe tend to think about niches in terms of demographics – who your likely audience is, their job title, their sector, their experience level, and so on. Layered onto that are psychographics or thoughts and feelings of your audience. Jay describes this type of niching as a filter that you set up in the way you position yourself and show up in the world that brings the right people all the way to you and repels the wrong people.However, Jay proposes an alternative approach to picking a niche: developing a premise. He defines the premise as “the specific, defensible purpose for your content that is pulled from your personal vision for the audience.” It’s a tipping point from people being loyal to people being super fans because you seem irreplaceable to them. There’s not yet another exploring what you’re exploring.What makes a strong premise? Hrishikesh Hirway started a podcast about music in 2014 called Song Exploder. The category was crowded even back then, but there was a lot of sameness in it. Hrishikesh saw every musician being interviewed with generic questions. He wanted to hear these people talk about something specific: their craft. So Song Exploder asked musicians to take apart a single song and, piece by piece, tell the story of how they made it.You can easily pitch that podcast with a defensible premise: “This is a show about music. Unlike other shows about music, only Song Exploder asks their music guests to take apart a single track and, piece by piece, tell the story of how it’s made.”The formula is easily replicated in what Jay dubs the ‘XY Premise Pitch’:This is a [Project type] about [Topic]. Unlike other [Project types] about [Topic] only we [Unique Proposition].Your XY premise informs everything about your content. It motivates subscribers, shapes culture, and helps sell your ideas by sharing your worldview with the audience. And if you or your audience can’t figure out what it is, you haven’t figured out your niche yet. It’s not easy to come up with something like that, but the best media companies and storytellers know that it’s worth putting in the work to develop a resonance with your audience.One red flag to watch out for as you develop your premise is if you start comparing yourself to others, saying, “Unlike other shows, we *actually* dive deep to get you the real tactics and practitioner language.” Instead, you should say, “Unlike other content that explores these topics, only we [Unique Proposition].”It’s not what you explore but how you explore it. 🖊️Key Takeaway: Differentiate your content by creating a unique and defensible purpose that sets it apart from others in your niche. Use the XY Premise Pitch to clearly communicate the unique proposition of your content.Social media is a landlord, and you need to build your own houseJay asks you to consider, “What are you doing to compel people to want to spend more time with you and connect with you on a level that is not possible on social media?” Social media is a landlord that can change the rules or kick you out at any moment. It prioritizes the loud minority of extreme views or attention-grabbing gimmicks at scale, not giving the platform to people with nuanced and meaningful things to say.It’s also really good at creating interchangeable personalities at scale. So even though some people stand out, they are still fighting to be seen, albeit among a smaller category than everybody else. Wherever you look, you’ll find subgenres coming out of every broader genre built and influenced by social networks. And they all seem replaceable – if one shuts off, you could find another, and it might not be exact, but it’d be pretty close.As creators and marketers, our job is figuring out how to become our audience’s favorite – their preferred pick for a specific purpose. When you’ve piqued their interest on social media, you can bring the truly engaged members of your audience more into this worldview by directing them to your owned platforms. Now you’re left to consider what those owned platforms are.Social media needs to become merely a way to discover you – a window into the deeper, more connective work you’re doing through newsletters, podcasts, memberships, email lists, and things that you can control with greater certainty.🖊️Key Takeaway: Social media should be a window into your deeper work, so focus on moving your audience from social media to your owned platforms.TakeawaysTL;DR? Here are the key takeaways from our interview with Jay Acunzo:Prioritize making genuine connections with your audience. How can you do this? By infusing your personal perspective and experiences into your work.Use AI to enhance your creativity and unblock your imagination not to outsource your creativityTest your ideas with a small audience before seeking a large one. If your content doesn’t resonate with the small but loyal subset of your audience, it won’t work just because you increase the size of your target.Your unique perspective and experiences make you irreplaceable in the eyes of your audience, so let your personality shine through your content.Differentiate your content by creating a unique and defensible purpose that sets it apart from others in your niche. Use the XY Premise Pitch to communicate the unique proposition of your content.Social media should be a window into your owned platforms – prioritize building something that’s yours so you don’t have to worry about social media regardless of its future.Focus on the workflow, techniques, tools, and personal elements you bring to your work, and create consistently.Jay’s parting words are, “Strive to be the personal preferred pick for your audience by developing a strong premise and showcasing your unique perspective.”Power your content creation with Buffer

  • How Marketing Leaders are Navigating Recession [New Data]

    In the last six months, economic trend surveys we’ve conducted revealed that 37% of marketers are reporting budget cuts – likely due to our changing economy.
    As a marketer, knowing where your leadership team might need to cut can help you prepare to pivot to strategies with less resourcing. And, if you lead a team, you’re likely wondering how marketing leaders are navigating this time to my the best decisions for your staff and business in uncertain times.
    To help you navigate reducing your marketing budget in 2023, we used tools like Glimpse to survey more than 500 marketing leaders on their top strategies for cutting costs. We also asked them which channels they expect to pull back on first, so you can get an idea of what to expect.

    How Marketing Leaders Are Already Pivoting
    Our full report, the Marketing Leader’s Playbook, revealed 80% of leaders have already taken steps to plan or prepare for a recession – so let’s dive right in and see what we can learn.

    How Marketing Leaders Are Cutting Costs in 2023
    Marketing leaders say leaning into earned media, leveraging automation or AI, looking for emerging marketing opportunities, using organic marketing channels, and optimizing your media mix are the top strategies for cutting costs, so let’s take a look at each in more detail below.

    1. Tapping Into Earned Media over Paid Media
    Tapping into earned media is a great (and free) opportunity to expand your reach when budget cuts are on the horizon.
    Traditional examples of earned media include getting your brand spotlighted by a news publication or rated by a review site. Not only is it free, but the fact that it comes from an independent source adds credibility to your brand.
    Another powerful earned media asset is content from your very own satisfied customers who might share their pleasant experiences on social media, review sites, or other channels.
    Also known as user-generated content, assets created by happy customers are a great way to promote your brand in an authentic and credible way. Sharing and interacting with UGC on your official page will also deepen your connection with your customers and incentivize others to share their stories too!
    2. Leveraging Affordable AI and Automation
    Let’s have AI (courtesy of OpenGPT) write this section on how AI can help marketers:
    “Marketers can use AI to cut costs in several ways. For instance, they can use AI to automate repetitive tasks such as data entry and analysis, which can save time and reduce the need for human labor.
    Additionally, AI can be used to optimize marketing campaigns, helping to target the right audience and increase the effectiveness of marketing efforts, which can reduce the amount of money spent on marketing activities.
    Furthermore, AI can be used to improve the customer experience, leading to increased customer satisfaction and loyalty, which can help to reduce the cost of acquiring new customers.”
    Yes. The writing above isn’t perfect. But, it makes the necessary points and just needs a few tweaks to be great.
    While AI isn’t ready to write intriguing full-fledged blog posts on its own, and we don’t condone replacing your team with AI, marketers and leaders can leverage automation, like HubSpot’s Content Assistant, to save time and money in a wide range of ways, like:

    Using AI for basic web research
    Generating post outlines
    Creating short meta or social media descriptions

    Artificial intelligence could be such a major evolution in today’s economy and workplace, that it’s even the topic of our next research report and series, which will cover The State of AI in business. Bookmark this page to check out our survey’s marketing highlights.
    3. Embracing Emerging Marketing Opportunities
    From AI to social media, marketing is always evolving, with new apps and features popping up constantly.
    These are often free to use and being among the first brands to hop on a new trend presents a massive opportunity.
    For example, embracing BeReal, a new social media platform popular among Gen Z, can make a splash with that demographic in a space brands haven’t yet saturated. You can also try out new social media features, like Instagram’s shopping tools, which offer marketers a high ROI as Millennials and Gen Z continue discovering products (and buying them) through social media.
    4. Leaning into Organic Social Media Content
    Leveraging social media to gain organic, free awareness is a no-brainer in this day and age, especially for the leaders we surveyed. Rather than investing time and money into making paid ads, you can create great content tailored to the interests of your audience and let social algorithms do the targeting for you.
    And as we’ll get into later, paid social media content is the first channel marketing leaders plan to cut in a recession, so organic may be more important than ever.
    The good news is that you no longer need a professional camera and the perfect setup to win on social media. Nowadays, authenticity and relatability go much further, especially with Gen Z and Millennials.
    Brainstorm a few ideas, grab your phone or pop open Canva, and hit the post button. Analyze your results, double down on what works, and watch your audience grow.
    5. Optimizing Media Mixes
    Optimizing your media mix is all about figuring out what works (and what doesn’t) and shifting your investment accordingly.
    Analyze the performance of your marketing channels and amplify the ones giving you the best ROI. At the same time, you can either cut underperforming channels or switch up your strategy.
    Speaking of cutting back on underperforming marketing channels, let’s take a look at where marketing leaders expect to see budget cuts if a recession were to happen.
    Where Marketing Leaders Could Cut Costs
    If our economy worsens, most marketing leaders expect to see budget cuts in their paid social media content, followed by organic social content, print ads, email marketing, and video content.
    Since these are among the most popular marketing channels, it’s no surprise that budget cuts will affect them disproportionately, simply due to the fact more marketers use them in the first place.
    With all of that said, one thing worth keeping in mind is that the data above doesn’t necessarily mean marketing leaders will get rid of things like social media or email completely: they just might invest in them differently and more conscientiously.

    On the other hand, marketing leaders least expect virtual events, podcasts, SMS, and physical ads to see budget cuts in a recession – possibly because these are used least often. Still, around one in five leaders still think these channels would be on the chopping block.
    One definitive finding is that blogs are also among the least likely to be cut, despite being the second most popular marketing channel. Based on that, we can assume blogs will see less of a pullback than other equally popular marketing channels like social media, email, and video.
    Get Ahead With Key Economic Insights
    With one in three marketers saying a recession will have an even bigger impact on their marketing activities than COVID-19, preparation and continuous monitoring will be key to success.
    Now that you know how marketing leaders are planning to cut costs, dive into the full survey results by checking out the Marketing Leader’s Playbook.
    We’re also regularly surveying marketers on how the recession is impacting them and the strategies they’re using to persevere.
    After reading our blog content, learn about the latest trends, innovations, and other ongoing challenges in the marketing space today by downloading our free State of Marketing Report below.