#MarketingTitbits – Market Research, Instagram Guide, Internet Facts
1. How to do market research on a small budget
Ever wondered how to carry out market research on a small budget? When launching a new product or service, companies must understand their customers’ needs and wants, and this is achieved through research and development. Companies such as Unilever and Coca-Cola spend millions each year on their R&D; however, Marketing Week have shared six ways on how to keep those costs down.
According to Jane Frost, CEO at the Market Research Community, brands should always opt for quality over quantity. With this in mind, read on for tips on how to keep those market research costs down – Click here.
2. A marketer’s guide to Instagram video
Instagram, without a doubt, brings out the visual appeal of brands across the world. No matter what the industry, a brand can find its place on Instagram and create some really eye-catching, innovative content.
Brands such as Red Bull rely on Instagram to promote their product through original content. For Red Bull it’s a simple case of reflecting its association with extreme sports through the sharing of relevant video clips. As well as originality, playing to the emotions is also a successful way of grasping a consumer’s attention. Clips from Save the Children prompted an emotional response from consumers, making it one of the most shared clips on Instagram to date.
Click here for Instagram marketing tips.
3. 10 facts, and clever observations, about the internet that will blow your mind
When thinking about how far the Internet has come in the last 20 years, it’s mind-blowing. Consider, for instance, that it took the telephone 75 years to reach 50 million users around the world, whereas it only took the Internet 4 years, as well as the Angry Birds app just 35 days (thanks to the Internet).
Not blown away by that impressive fact? There are 3.2 billion Internet users worldwide, accounting for almost 44% of the global population. As well as that, 950 million households worldwide own a television, but twice as many people access the Internet from a handheld device. After this incredible evolution of technology over such a brief period of time, what will life look like in just a few short years?
To read 10 mind-blowing facts about the Internet, click here.