#MarketingTitbits – The Economist, Social Media Hacks, Brands For Millennials
1. How The Economist injected digital into a 172-year-old magazine
The 172-year-old publication, The Economist, has recently embraced digital technology, with help from Iain Noakes, The Economist’s Global Digital Acquisition Journey and Performance Director. With this new revolution, Noakes was keen to stress that despite its recent efforts, The Economist is not a digital brand.
The Economist team researched their potential market and found that their circulation could grow from 1.6m to 73m, just by making their magazine accessible online. According to Noakes, a large proportion of people subscribe once they’ve browsed the content, and those who unsubscribe are retargeted through further content.
For more information, click here.
2. 30 days’ worth of social media hacks and experiments
Marketers like us are always keen to find new ways to improve our social media numbers, and the best way to grow in the social media world is to try new things. To inspire change, entrepreneur Kevan Lee has drummed up 30 new, small and simple experiments.
One of the favourite recommendations for getting more followers and engagement on social media is to embed a tweet at the bottom of a blog post, making it easy for readers to engage with the blog. Not only this, but posting during non-peak hours can also boost recognition, as well as pinning a tweet at the top of a Twitter profile.
To read Kevan’s top 30 social media hacks, click here.
3. The top 100 brands for millennials
Millennials make up a large consumer group, and 3,500 people aged between 20 and 35 have been asked by Moosylvania for their favourite brands over the past three years. Some of the brands that came out on top were surprising – others, not so much.
With 91% of Millennials owning a smartphone, it doesn’t come as a surprise that the top brand was Apple. However, you might be surprised to see Nintendo, reaching #11, elevated by the nostalgia Millennials feel when playing the games they enjoyed when they were kids. Some brands didn’t fare so well though, Subway being a prime example, given that Millennials make up a key target audience, occupying a lowly #92.
Click here to view the top 100 brands for Millennials.