Posts tagged with "marketers"

Computer Illustration by Heather Skovlund for 360 Magazine

Media’s New Currency

What Marketers Need to Know About Media’s New Currency

Source Digital, a leader in providing innovative video advertising, is helping marketers to stop wasting money

It’s estimated that digital advertising grew 12% over the last year, as many people were at home more during the pandemic. With billions being spent on trying to reach people as they watch videos, it only makes sense that marketers turn to new technology to advance key messaging to targeted consumers. Source Digital is leading the way in helping them maximize their revenue with media’s new currency: SAMs or Source Activated Moments. The innovative platform is helping companies stop wasting money and get more out of their video advertising efforts.

“Many marketers are frustrated because they are spending more and more on digital advertising but are not seeing the results they want,” explains Hank Frecon, the chief executive officer of Source Digital. “This is where we come in. We have helped many of these companies gain more control of their digital marketing efforts to get a result that justifies their expenditure. We are here to help to grow their business, and at the same time give consumers what they are looking for in a seamless way.”

Many advertising campaigns are being switched to Source Digital’s patented platform. The new platform gives businesses what they have needed all along, which is a way to offer their products or services to customers that have indicated interest, during videos. Here are five things to know about this new way to reach consumers through digital advertising with SAMs:

  1. New media currency (SAMs) focuses on not disrupting the viewer. People love to watch videos, but they have been turned off by the ads that interrupt what they are watching. Having a platform that will seamlessly allow you to watch a video without ad interruption but still allow the marketer to promote something without stopping their video makes a world of difference.
  2. Many businesses turning to the new media currency are able to greatly increase their revenue, because Source Digital is offering them an entirely new inventory to access to help grow their business.
  3. Rather than traditional advertising working with particular networks, the new method of advertising works across platforms. This makes it easier for marketers to reach more people without having to put in more effort.
  4. The more you know about the audience, the more you can tailor ads to them and improve engagement. The new media advertising platform helps advertisers get more insight into the audience, so they can use that to improve user experience and increase engagement.
  5. The new currency is completely changing how online video advertising is done, and it’s doing so for the better. We all learned a lot from the prior ways that video ads were done, and that information has helped to create a better experience for all moving forward.

“We see the way our platform is helping to transform the efforts put forth by marketing teams,” added Frecon. “We look forward to helping many others get on board. It’s a more efficient way of reaching your audience, increasing profits, and in getting the most from your investment.”

Source Digital’s platform quietly works in the background, gathering important data points about the person, so that it can provide a better user experience and increase engagement. Source Digital has worked with numerous Fortune 500 companies to help create a more engaging and effective video advertising experience. To learn more, visit Source Digital.

About Source Digital, Inc. 

Developed by seasoned technology leaders and inventors, Source Digital delivers a new era of contextual commerce and advertising. Offering the first in-video, contextually driven, frictionless acquisition experience, Source Digital’s technology allows content creators, owners, brands, and retailers to seamlessly engage with viewers across any device or screen in real time. An immersive approach to interactive video, Source Digital’s patented technology inspires brand loyalty organically through continuous, personalized engagement, reducing audience drift while yielding nuanced measurements and substantially increased avenues for monetization.

Mini Tocalini illustration for hair salon and Barbershop marketing for 360 MAGAZINE

SNAP AND SHARE

Black Salon and Barbershop Owners as Social Influencers

Wil Shelton, CEO and Founder of Wil Power Integrated Marketing 

All marketers understand the importance of sharing images and messages with their online communities. But what if your online community doesn’t reflect enough diversity for African Americans to engage? African American salon and barbershop marketing can breathe life into a campaign and enable brands to piggyback on the connection Black barbers and hairstylists already have within their communities—including those that are online. 

These cultural catalysts are considered to be taste-makers within the African American community because they are always the first to know about new trends, products, and sports or news information that matters to their customers. When they share an in-store promotion, their customers take it as a recommendation from a trusted source. And that’s when the word-of-mouth marketing really starts to take effect.

African American customers who happen to be in the shops are thrilled to be a part of this seemingly spontaneous, infused in-store experience, which turns another day at the salon into a behind-the-scenes sneak peek at the next big craze that’s about to blow up. In-store marketing means that not only do these customers get to be in the know before everyone else, they score some dope merch to prove it. 

You can be sure they leave that salon or barbershop ready to get everyone they know excited, too. But in-store marketing activations don’t end there. Because African-American-owned salons and barbershops tend to have huge online followings on social media sites such as Instagram.

In fact, almost all Black salon and barbershop owners are savvy social media influencers and often have hundreds of thousands of social media followers. You can see why smart brands are competing for their recommendation. Even better, most African American barbers and salon owners are more sophisticated in non-traditional marketing than a lot of senior media planners and buyers. But this hasn’t happened by chance! They are entrepreneurs who have had to teach themselves how to promote their stores and being seen as on-trend is part of the allure.

Shop owners have a history of doing more with less. In short, out of a lack of resources, urban barbershop owners have had to be nimble and develop the skills to become their own Black marketing creatives, media planners, and strategists.  

Barbers and stylists are engagement experts, and what they have accomplished can’t be devalued, because they have the power to monetize the culture and narratives in their shops and elevate the marketing strategies of the brands with which they choose to work. Even after COVID-19 hit, they have found ways to pivot and thrive. 

African American men and women gather weekly to spend money on self-improvement and discuss what’s new. This culture predisposes them to the idea of receiving brand messaging from the chair. Even as social media has expanded the realm of influencers, barbers and hairstylists have maintained and, in most cases, built on their role as taste-makers to become the micro-influencer stars. 

They’ve done it by leveraging their strong social-media engagement skills to develop an ever-widening circle of influence. This phenomenon is nothing new, but, interestingly, COVID-19 has put salon and barbershop owners in the spotlight, as people realize the critical role they play in their lives. This makes it more relevant than ever to leverage their influence to reach African American consumers.

About the Author 

Wil Shelton is the CEO & Founder of Wil Power Integrated Marketing, a full-service agency offering traditional and digital marketing services to reach multicultural audiences in the beauty and grooming industries.