Charlotte Oliver, Author at Smithfield https://smithfieldagency.com Planning For Performance Thu, 08 Feb 2024 16:18:01 +0000 en-US hourly 1 https://smithfieldagency.com/wp-content/uploads/2023/05/cropped-favicon-32x32.png Charlotte Oliver, Author at Smithfield https://smithfieldagency.com 32 32 Generation Alpha: How to engage with digital natives https://smithfieldagency.com/insights/generation-alpha-how-to-engage-with-digital-natives/ Thu, 08 Feb 2024 15:56:20 +0000 https://smithfieldagency.com/?p=225995

Generation Alpha, the cohort born from the early 2010s to the end of this year, is growing up in a world vastly different from previous generations. The children of millennials and older Gen Z’s have grown up with the internet in the palm of their hand, and in just four years’ time, the first will hit adulthood.

They’re poised to have the greatest spending power in history, and by 2025, will outnumber the baby boomers – so, are you ready to speak their language? Here’s 7 things marketers need to know about engaging with this increasingly important generation:

  1. They’re digital natives

Let’s start with the most obvious first – Generation Alpha are the first generation to be born entirely in the 21st century, making them true digital natives. From a very young age, they’ve been exposed to smartphones and tablets, influencing their learning, play, and social interactions. It’s said that that the average Gen Alpha has 100 photos posted of them on social media before they hit their first birthday! Unsurprisingly, their life is online, so marketers need to leverage digital platforms creatively to capture their attention.

2. Importance of video content

Unlike previous generations who had to contend with smaller screens and slow internet connectivity, Gen Alpha grew up with fast Wi-Fi, 3 and 4G. As speeds increased, so did video content. As such, they have a strong preference for video, spending significant time on platforms like YouTube, TikTok, Snapchat and other streaming services. Creating engaging, educational, and entertaining video content is essential when trying to engage them.

3. Get going with gaming

While video is important to Gen Alpha, don’t underestimate the importance of gaming to this cohort. It’s not only used as a form of entertainment, but also as a platform for socialising and learning. Outside of China, 1 in 4 kids say they spend the most of their free time playing video games over other activities, such as watching videos or using social media. Explore how you could Integrate your marketing efforts within gaming environments without disrupting the user experience.

The integration of marketing within gaming platforms can be seen in collaborations between brands and popular games. For instance, the partnership between Nike and the video game Roblox, creating a virtual world called Nikeland, showcases how brands can engage with Gen Alpha through gaming.

4. Educational value matters

Given that Gen Alpha grew up learning with digital devices, products that combine play with learning opportunities are particularly appealing. Products and services that offer educational value or skills development, such as coding kits or science-related toys, are attractive to both Gen Alpha and their parents, who are keen on providing them with the tools for future success….

5. Influence of parents

Which naturally brings us to parental influence. Being young, their consumption is heavily influenced by their parents – Millennials and Gen Z – who prioritise sustainability, diversity, and authenticity. Marketing strategies that resonate with these values are more likely to succeed not only with Alphas, but also with their parents who make a lot of current purchasing decisions.

6. Take sustainability seriously

There’s a growing demand for eco-friendly products among young parents, which is likely to influence Generation Alpha’s preferences. Growing up in a world facing climate change and environmental challenges, Gen Alpha also values sustainability. Marketers should highlight the environmental benefits and sustainability practices of their products.

The success of brands like LEGO, which has committed to making its products more sustainable, demonstrates the importance of aligning with these values. LEGO’s pledge to produce bricks from sustainable materials by 2030 is a direct appeal to these environmentally conscious parents and children.

7. Social media influence

Despite some of this cohort still technically being underage for social media platforms, younger Gen Alphas are often still exposed to these channels through family members. Once teenagers, they can spend as much as two hours a day on TikTok according to some studies. However, the same study found Facebook use barely hit a minute a day among teens! Your media plan should clearly reflect where your audience are, and it’s no longer the grandfather of social networks when reaching Gen Alpha.

These examples highlight the necessity for marketers to adapt to the evolving landscape being shaped by Gen Alpha. Understanding these characteristics and preferences will help you create strategies that are not only effective in reaching this rapidly growing cohort but also resonate with their values and the real world they are growing up in.

]]>
2024 Advertising trends https://smithfieldagency.com/insights/2024-advertising-trends/ Thu, 04 Jan 2024 13:45:44 +0000 https://smithfieldagency.com/?p=225933

2023 was quite the year for anyone working in marketing and advertising. After 2 years of pandemic, finally a clean run – only to be met with high inflation and changing consumer habits. The ability to problem solve has been a key focus here at Smithfield, from navigating new privacy laws, to testing new channels and formats.

In many ways it was unsurprising that 2023 felt something like a rollercoaster for brands and agencies, AI is changing the way we create and consume content, fast. Newer channels like retail media, digital OOH and programmatic audio are maturing. So, what does the new year have in store for us? Here’s 7 trends we think will shape 2024:

1. AI-driven advertising:

Artificial intelligence (AI) is really only in its infancy. Many tech companies were caught on the hop by the arrival of ChatGPT, but some of the industry’s biggest players are playing catch up, fast. Google have just started to roll out generative AI within its Performance Max product and Open AI’s Dall-e is likely to change the way we think about creative in 2024.

In terms of adtech, AI algorithms will become even more advanced, enabling brands to deliver highly personalised content and recommendations to their customers, leading to improved customer engagement and conversion rates.

2. First-party data

With the long-awaited death of 3rd party cookies, the value of having a first-party data strategy will increase. Combining this with contextual will help brands with scale.

3. Retail media hots up

If 2023 was a breakthrough year for retail media, then 2024 promises some serious growth as retailers realise the value of their physical and online real estate and create additional revenue streams. The natural evolution is the ability to join up everything from digital screens and endcap displays to online advertisements on e-commerce platforms.

4. DOOH and social combine

We only wrote about “Out of Phone TikTok” a few weeks back, so while it’s definitely early days for the fusion of social and DOOH, it does feel like a natural fit. The ability to change creative in real time means social can help shape DOOH campaigns and react to trends and events. A seamless omnichannel approach means brands can stay consistent when it comes to running across various channels.

5. Influencer and Affiliate marketing

Brands spend on affiliate marketing spend is expected to top $15 billion globally in 2024 with over a quarter of brands working with bloggers on campaigns according to the Influencer Marketing Hub. Micro-influencers will continue to be a trend, after all, the more relevant you are to the brand, the more likely you are to get conversions.

6. Video Dominance:

Video content will continue to dominate the marketing landscape. Short-form video platforms like TikTok and Reels will remain influential, and live streaming will gain more prominence. Whether or not the UK falls for live online shopping remains to be seen.

7. Sustainable and purpose-driven marketing:

Consumers are increasingly concerned about environmental and social issues. Brands that adopt sustainable and purpose-driven marketing strategies will likely thrive. This includes emphasising eco-friendly practices, supporting social causes, and transparently communicating their values.

If you’re looking to adapt to emerging trends in 2024, contact us today to discover how we can keep you stay ahead of the competition.

]]>