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Canadian Advertising Growth Trends

August 16th, 2010

Advertising spending has started to rebound this year after last year’s slide, according to a recent article in Marketing Magazine. Canadian advertising spending has rebounded more quickly than U.S. post-recession ad spending with Canadian ad spending expected to grow 5.4% in 2010, compared with 1.1% in the U.S.

Year over Year Total Advertising Expenditures in Canada:

  • 2008: $10.2 billion
  • 2009: $9.3 billion; down 8.4%
  • 2010 (projected): $9.84 billion
  • 2011 (projected): $10.2 billion
  • 2012 (projected): $10.6 billion
  • Fueling the rebound is spending in Internet Advertising as it continues to climb and will soon become the 2nd most popular medium in 2011. Internet advertising spending is projected to rise 13% this year and 12.7% next year to $2.2 billion, when it will pass newspaper advertising as the second most popular medium in the country behind only TV.

    Other key findings from the report include:

    • Paid search made up 50.2% of all Internet spending in 2009 and expectations are that it will get to 52.6% by 2012.
    • Display’s contribution to total internet spend fell from 32.9% in 2008 to 31.9% in 2009.
    • New formats such as web video, mobile and social media are expected to help display stabilize this year and increase its share of internet spend to 32% in 2012.
    • In 2009, about $18 million was spent on mobile advertising, rising to $30 million this year, $55 million in 2011 and $92 million the year after that.


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    LiQuid Currents Research Update

    August 3rd, 2010

    Do your consumers/clients trust your advertising and website claims more than conversations or word of mouth? Ever wonder what sources your consumers/clients are using to gain information on your organization? And which of those sources they view as credible? Take a look at this article from Ipsos to learn more. For more of the Marketing research you should know, take a look at the articles below.

    The Best Day/Time to Send an Email
    3 Ways to Make the Most of a Corporate Blog
    How to Socialize a Marketing Campaign in 3 Months
    How to Encourage Employees to become Brand Ambassadors


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    The Two Most Important Rules of Email Marketing

    July 7th, 2010

    Recently I received an email newsletter for a company that I never subscribed to, and had already unsubscribed from. So what did I do? I marked the email as spam.

    Instead of potentially soliciting clients, email marketing tactics that send emails to users that have not explicitly opted-in, and not cleaning up databases for unsubscribes almost guarantee the opposite effect of losing that potential customer and annoying them. Don’t be surprised if they express their frustration with your company to others as well. Moreover, when they start marking your emails as spam or complaining to their Internet Service Providers, you end up hurting your brand and ability to market online in the future.

    Here’s an article that talks more on the issue of email marketing - the status quo isn’t working.


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    B2B Online Marketing Best Practices

    June 21st, 2010

    While many B2C (business-to-consumer) companies have recognized the value of investing in online marketing strategy, I’ve often found that many B2B (business-to-business) companies are slower to adapt unless pushed by competition. With this in mind we’ve put together some key online marketing best practices to help B2Bs understand steps they can take to help their businesses grow.

    1. Know your audience
    • Invest in gaining a better understanding of your customers’ needs and behaviours.
    • Develop personas to embed your target audience as people within your organization and use them as a filter for new initiatives, products and services.

    2. Create and offer real value
    • Offer value added marketing and communications that will help clients run their businesses more effectively - through content, widgets, tools, exclusive access, etc.
    • Develop approaches and methods to better understand what your customers really need. Create and take advantage of opportunities to ask them what they want through online and offline channels.

    3. Make your website user and member friendly
    • Design your website to be user friendly with easy access to resources, services and client log-in pages.
    • Content is one of your key values – make it easy to navigate and access with intuitive menus, search functions and offer help through direct contact if users cannot find what they need.
    • Ensure that eCommerce shopping and check-out processes are simple and quick.

    4. Be mobile friendly
    • More users, especially professional, are accessing information increasingly on their mobile devices so provide online content that is easily accessible to them and consider how mobile commerce affects your users.

    5. Ensure transparency and authenticity
    • Ensure that your organization’s vision and goals are transparent and upfront.
    • The recession weeded out weak competitors and in 2010 consumers will continue to scrutinize the transparency of companies, the authenticity of brands and their claims.

    6. Engage your audience
    • Engage your customers in dialogues to know what they want and like. Consider using surveys, email and social media sites like LinkedIn to engage audiences in channels where they frequent and to spread awareness to their networks.
    • Consider adding a social bookmarking tool to your website like AddThis to make it easy for users to share content with others. In addition, it provides analytics on the bookmarking and sharing activities.

    7. Search – SEO and SEM
    • Design your website with SEO (search engine optimization) in mind and use SEM (search engine marketing) to ensure prominence on Google and other search engines.
    • Use social media to get more search engine visibility, optimize key phrases on your website, and avoid any mistakes which may incur penalties from Google.

    8. Invest in your relationships and communicate with supporters on a regular basis
    • Keep email communications personal, timely, consistent and action-oriented. Don’t be afraid to experiment with A/B testing while tracking metrics to determine what is and isn’t working.
    • Consider how your customers will be accessing these emails and ensure that the communications are designed with mobiles and handheld devices in mind.

    9. Set goals, metrics, measure and test
    • Set goals for the online marketing plan, track with appropriate metrics and continue to optimize the plan based on analysis and results.
    • Standardize metrics for comparisons, test different tactics and measure to best leverage your email database


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    LiQuid Launches St. Michael’s Foundation new site

    June 11th, 2010

    LiQuid and St. Michael’s Hospital Foundation recently launched the new Foundation website http://www.stmichaelsfoundation.com.

    St. Michael’s Foundation helps the hospital fulfill its mission as Toronto’s Urban Angel, providing compassionate, innovative care for all in need. The new website plays an integral role in helping to reach out to the community and to provide an accessible avenue for community members to contribute. LiQuid is privileged to be involved with an organization that touches so many lives.

    LiQuid Currents Research Update

    March 31st, 2010

    If your company has a Facebook page, you should know that they recently announced they are scrapping ‘become a fan’ in ‘favour of like’. Here’s a look at other digital marketing news and research you should know:

    Brand advocates spread the word online
    Behavioral targeting doubles ad effectiveness
    Combining the strengths of social and email
    Studies reveal video ads raise brand engagement
    10 maladies of social marketing
    North American search market heats up

    LiQuid Currents Research Update

    March 8th, 2010

    So you have a Twitter account and a Facebook page for your brand, now what? Here’s what you should know:

    Why your content needs a strategy
    Stop marketing, start building communities
    10 Twitter mistakes made by businesses
    Don’t be afraid of negative reviews
    Easing into B2B mobile marketing
    Measuring online ads properly

    LiQuid Currents Research Update

    January 29th, 2010

    The big buzz this week was the unveiling of the Apple iPad. To learn more about why it’s so special, or not, see the iPad Comprehensive Guide. Other than the iPad, here’s some of the latest news relevant to marketers:

    Social Networking
    The future of social networking
    Facebook’s first digital coupon campaign - get a free bagel for being a friend
    Calculating the cost of social media ROI

    Consumer Engagement

    Marketers need timely consumer contact in 2010
    Consumers demand engagement
    Engagement on social networks top priority for marketers
    What social followers want - to learn about specials & sales

    Apps
    App usage to soar in 2010


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    LiQuid Launches Ceridian.ca

    January 22nd, 2010

    LiQuid unveiled the newly redesigned Ceridian website earlier this month. Ceridian Canada is a human resources solutions provider that helps clients optimize their workforce, reduce costs and save time by finding, paying, developing and engaging their talent.

    Recognized repeatedly for HR and workplace best practices, Ceridian was again counted in 2009 among the 50 Best Employers in Canada, the Top 100 Employers, and the Best Workplaces in Canada among others.

    LiQuid Currents Research Update

    January 20th, 2010

    It’s 2010 and new reports point to signs that this may finally be the year of the mobile, yet many marketers are still catching up with social media and SEO.  Feeling overwhelmed with options and not enough time or resources?  Just remember the basics - it’s all about the customer.   Stay focused on them, where they are, and what’s important to them.

    As usual, we’ve combed through the latest news and research, and here’s what you should know:

    Mobile
    Why marketers must go mobile
    Mobile internet access will overtake access via PCs soon
    Mobile shopping takes hold worldwide

    Advocacy and Word of Mouth
    Harnessing active brand advocates
    “Max Connectors” valuable targets for marketers

    Branding
    Tips to brand building in the social space

    Consumer Behaviour
    Digital tools help moms take charge

    Email Marketing
    Email is still king of online sharing
    Re-engage cart abandoners with email to increase results

    Online Advertising
    Keep your website from becoming a tombstone
    Why marketers need more than targeting to engage consumers

    Search
    Yahoo and Google combine social media with local mobile search

    Social Media
    Connected consumers want more interactivity and personalization
    5 tips for creating a successful social media contest
    What’s working for social media marketers?


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