Marketing to Moms BSM Media
Latest News and Trends in the Mom Market by BSM Media and Maria Bailey
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Showing posts with label to. Show all posts

Monday, May 9, 2011

Shopping Trends: A Fresh Look

Retailers are always looking for the answers to what drives Moms to purchase one product over another, what makes Moms loyal to a brand and, ultimately, what makes moms decide what to put in their shopping cart, either the one with four wheels or the one on the computer screen.

Recently, over 1,900 Moms across the U.S. completed an online survey conducted by Totsy.com and BSM Media, with results offering valuable insight on Mom's shopping habits and trends. Via dozens of survey questions, this is the first in a two-part series that offer a fresh look at the impact of the recession on moms and shopping, and the emotions behind shopping.

It's hard to find anyone not impacted by the current recession. As we optimistically look for the upswing in the economy, the lessons learned from the recent economic climate are lasting ones. The recession's impact on Moms and their shopping habits is reflected with the emergence of the Frugalista Mom, a discerning shopper who clips coupons, shops sales and prices and is proud of the money she saves at the cash register.
  • When a Mom can save her family hundreds of dollars each year for a relatively small amount of time clipping coupons and comparing prices online, it's worth it to her as she becomes the financial hero of the house and feels a sense of pride for helping with the bottom line.
  • Moms continue to spend for special occasions, with winter holidays and birthdays being occasions where they are most likely to splurge.
  • 80% of Moms have adopted new techniques and plan to continue using them, including spending less, using more coupons and purchasing items when they are on sale. Generational differences emerged when Moms were asked to identify these money-saving techniques. To spend less overall, Boomer moms turn to generic products, bulk purchases and traditional in-store tactics compared to Generation X and Y moms, who are most likely to look for deals online using research and social media.
  • Online private sales are emerging as a cost-savings technique with 32% of Moms surveyed using them, with the highest concentration among Generation Y moms.
  • Where have moms reduced spending during the recession? Travel, entertainment and beauty products lead the list as the first items to get cut from the family budget. The majority of Moms admitted that they buy less for themselves and spend less on the items they purchase.
Finally, when asked to rank why one product goes in the cart before another, the majority of moms answered that price was the most important factor, with quality being a close second. Boomer moms focused on the overall value of a product, while younger moms valued a lower price tag.

Retail therapy is real. We've all heard this term that definitely resonates with moms. In the survey, we explored how emotions play a role in mom's shopping habits. Surprisingly, shopping is associated with a high level of stress for moms, though most moms responded that shopping is a mood booster.
  • Moms feel a sense of accomplishment, especially when they get a good deal. To get those deals, 65% of moms surveyed preferred to shop regular retail, but on sale. A total of 88% described their preferred method of shopping as rational-spending -- a little money for a lot of product.
  • Getting that good deal is held in high regard, similar to guiltless chocolate or a special night out with friends or family.
  • Shopping as a mood booster for moms translated to 94% of respondents admitting to buying "feel good" purchases a few times each year.
  • Generation X and Y moms make more "feel good" purchases than Boomer moms. Items that fit this category, ranked in order, are clothing, sweet treats and accessories such as shoes, handbags and jewelry.
  • Even though most moms enjoy shopping, there is a certain level of stress associated with it, particularly when buying bathing suits, jeans and gifts for other people. One of the highest sources of stress? Buying gifts for spouses.
With these numbers in mind, take a look at how your marketing and media strategies align with how moms shop, both online and offline. In my next Engage:Moms post, I'll reveal the second part of the survey results that examine mom's habits in online vs. retail shopping and seasonal/holiday spending.

Tuesday, December 8, 2009

I Love Twitter. You Should, Too!




I love Twitter. Absolutely love it and as a marketer you should too. As the mother of four, I use Twitter much in the same way I used to use Google or Yahoo!. When I need a recipe for a quick kid-friendly snack, I tweet it. Looking for a great gift idea? I tweet it. Once I even tweeted my search for canned pumpkin and found it, thanks to Twitter.

For many moms, twitter has become a search engine on steroids because of its ability to return recommendations from a peer group you trust and who knows your preferences, lifestyle and lifestage. This personalized delivery of relevant content is a dream come true for both consumers and companies trying to connect with them.

Unfortunately, companies have entered the Twittersphere haphazardly and without any real thought to how best utilize this powerful marketing channel. It’s not enough to just set up a Twitter account and tweet out the promotion of the week or newest press release. In fact, there’s been much tweeting about this lately among moms on Twitter. “Why do companies flood my Twitter account with garbage I can’t use?”, tweeted one mom last week. Another tweeted, “I spent 4 hours blocking companies who send me only marketing messages.”

A marketer can do a very effective job in connecting with moms in 140 characters or less as long as they follow a couple key strategies in mind. So to support these points, I did what I do most when I want to gain the prospective of moms, I tweeted this question out to my 13,000 followers: “What would you tell marketers about using Twitter when marketing to moms?”

1) It’s called Social Media because it’s social. For a woman, this means speaking back. Moms will quit following you if the dialogue is not a two-way conversation. @Gomominc tweeted: “Companies shouldn’t ask your opinion and then just go off …..”

2) Twitter shouldn’t be a platform to only broadcast promotions and sales. @ameladramaticmommy tweeted: “Be a person first and a company second. I would follow more companies if they tweeted out something interesting about them first”. If you want to see how a company representative can support a brand AND allow their personality to shine through, follow @comcastcares or @babycenterPR.

3) Take part in Twitter events. If you are surprised that there are “events” on Twitter, you probably aren’t using Twitter to its greatest potential. There are lots of events in this virtual space ranging from #FF (Follow Friday) and Twitter Parties. @Resourcefulmom created the former which have proven successful in gathering thousands of moms. Just last week BSM Media and @Resourceful hosted a Twitter Party for Zhu Zhu Pets. The event attracted over 1,000 moms and generated almost 9,000 tweets with the hash tag #ZhuZhuPets.

4) Don’t wait for moms to find you. Timing is important in delivering relevant content. Pick a few key words that fit your brand and search for twitter conversations on Summize.com, www.summize.com. In maintaining a Twitter account for one of my toy clients, we search daily for tweets that contain the word, “birthday”, “gift” and “toy”. Often we will find tweets that say” Need a birthday gift idea for 5 yr old boy”, to which we reply, “have you seen the new (insert appropriate toy) which is on sale at (insert retailer)” Relevant content delivered when a moms needs it.

5) Fear not! The conversation will happen with or without you, so you might as well join in. Many companies tell me they fear setting up a Twitter account. “ What if moms have something negative to say and say it to me on Twitter?” Well, guess what? They are going to say it whether you are there or not, but at least if you are Twitter, you have the chance to engage in the conversation.

Think back to the 80’s before social media existed and moms used to talk about products on the physical playground. Marketers were often blindsided by guerilla consumer chatter and only had the opportunity to react after it had reached the masses. With Twitter, if you see a mom complain about your product, you have 140 strokes of the keyboard to rectify the situation almost immediately. Customer service at its best.

I invite you to follow me on Twitter. I’m @momtalkradio. You can DM me or List me and if you don’t know what I’m describing, it’s time to learn. Today’s moms are doing more than just talking about brands, they are tweeting them too.

Maria Bailey is the author of “Marketing to Moms”, “Trillion Dollar Moms: Marketing to a New Generation of Mothers” and “Mom 3.0: Marketing With Today’s Mothers by Leveraging New Media and Technology”. She is CEO of BSM Media, the premier marketing to moms s firm connecting companies around the globe to mothers. Maria is also Co-Founder of BlueSuitMom.com, Newbaby.com, and MomTV.com and host of Mom Talk Radio, the first Nationally syndicated radio show for moms. You can follow her on Twitter @MomTalkRadio or email her at maria@bsmmedia.com.

Monday, November 30, 2009

Capturing Mom's Holiday Shopping Dollars

This article appeared in MediaPost Publications:

Just in time for the holidays and mom's rush to cross gifts off her list, the Marketing to Moms Coalition, a nonprofit industry group, has released the results its "Moms Holiday Spending Trends 2009" report.

The group surveyed 1,225 moms with children under 18 living at home. Some might predict that in a recovering economy that moms would be condensing her gift list and tightening her budget. Just the contrary, most moms plan to spend the same amount this year compared to last year. In fact, moms with older children expect to spend more than last year. This is good news for marketers and brands with the right marketing plans in place to capture holiday sales.

Let me share some of the highlights:

Gifts Vary by Kids' Age Groups - Teens Top Spending

Overall, moms will spend $672 this year, consistent with last year's spending levels with the top hot gifts for young children being toys (51%), clothing (29%), books (26%), movies (23%) and video games (8%). Top gift choices for children aged 7 to 12 being video games (30%), toys (29%), books/clothing (tied at 28%), movies (25%) and music (20%). Popular gifts for teens being music/music electronics (28%), clothing (27%), gift cards (23%), beauty products/video games (21%), and movies (19%). Compared to the total sample of moms, moms of teens plan to spend the most on holiday gifts.

Big ticket electronics like computers and cell phones will likely see a decrease in holiday sales this year. Of moms who plan to buy a gift for 7-12 year olds, 15% fewer will by computers, while 5% fewer moms plan to buy computers for teenagers this year.

Where Mom Will Shop

The majority of Moms plan to shop at mass merchandisers/supercenters for the holidays (85%), although that is down 2% from 2008. Anticipated holiday shopping this year has increased significantly for department (up 10% to 47% in 2009) and electronics stores (up 13% to 41% in 2009). Of all retailers, shoe stores are taking the hit the most in 2009 -- down 8% versus last year.

Moms with higher household income ($75,000+) plan to shop at more places, including department, specialty clothing, club and sporting goods stores, while those with lower income skew to dollar stores. Compared to other ethnic groups, English-speaking Hispanic moms are more likely to shop at electronics stores, while African American moms are more likely to hit dollar and shoe stores.

Buying Online Still Part of the Plan

Consistent with last year, most moms will do a lot of their shopping online this year as 16% of Moms plan to do 50% or more of their holiday shopping online. Moms with higher education and higher household income are consistently planning to do more of their shopping online than other moms. Toys (41%), clothing/clothing accessories (38%) and music/movies (34%) are the top three items Moms plan to buy online for the 2009 holidays.

Capturing Mom's Holiday Dollars

Marketers who want to capture mom's holiday dollars need to remember a few of the key principals of marketing to moms.

Help moms simplify her life. Make it easy for her to purchase your product. This means offering her complimentary accessories for products, suggesting hot sellers and sending her sale emails between 10 p.m. and midnight when she's online shopping.

Nurture a relationship with her through social media. Seek out moms who are looking for product by searching www.summize.com for moms tweeting about your product and then respond with information or answers.

Multitask with the multi-minder. She's on the move so make sure she finds your marketing messages along the away. Social media is great but it's only one piece of an integrated marketing plan. Don't forget to utilize local mom mavens offline, radio, couponing and peer reviews.

Engage her in a relevant conversation. It's called social media because parties socialize. Join into holiday conversations with moms via interactive online videos on sites like Momtv.com, Twitter Parties such as GNO (Girls Night Out events) or Facebook groups such as 24/7 Moms or Circle of Moms.

Now is the time to set your strategy for the holiday season. Moms will spend their money somewhere this year, shouldn't it be with you?