ugc and millennials: a modern day love story

34
UGC and Millennials: A Modern Day Love Story James Perrin, Head of Content & Social Media

Upload: feefo

Post on 13-Jan-2017

91 views

Category:

Marketing


1 download

TRANSCRIPT

  • UGC and Millennials: A Modern Day Love StoryJames Perrin, Head of Content & Social Media

  • The rise of UGCHow are Millennials transforming content?

  • Millennials the connected generation- 2.5 million pieces of content on Facebook

    - 350,000 tweets

    - 300 hours of YouTube videoSource: Viacom

  • Millennials purchasing power

    2.5 billion 137

    75% Of the UKs workforce by 2020Contribute to an estimated Billion in spending power

    Billion millennials worldwide

    Source: Viacom

  • For Millennials UGC is

    35% more memorable than traditional media 50% more trusted than traditional media

    Source: IPSOS

    20% more influential when it comes to purchasing

  • Millennials love UGC

    Millennials spend

    Source: IPSOS

    per day with media created by their peers.

    5 hours

  • Millennials love UGC

    Source: IPSOS

    check social networks at least once per day

    71%

  • Why UGC?What makes UGC so appealing to Millennials?

  • Maybe theyre born with it

    Millennials grew up with the internet. This comfort with social media means they are good at self-promotion and

    fostering connections through online media.

    TechTarget

  • Easier than ever

    UGC is more accessible than ever before

  • Trusted

    Peer reviews are as trusted as professional recommendations.

    Source: IPSOS

  • More influential than celebrities

    68%of Millennials are unfazed by celebrity endorsements

    Source: Millennial Central

  • Their voice:Their wayTaking advantage of UGC to engage Millennials

  • The Evolution of Content

  • WikisQ and A sites Blogs

    Video ReviewsCompetitions

    Social Media

    Photos

    Forms of UGC

  • Example: Starbucks

    Starbucks earned publicity and proved that they strongly value customer feedback

  • Example: Burberry

    Sales surged 50% Y-O-Y following launch of site

  • Example: Coca-Cola

    Increase in US sales2%

  • WikisQ and A sites Blogs

    Video ReviewsCompetitions

    Social Media

    Photos

    Forms of UGC

  • of ecommerce shoppers prefer authentic photos from customers over professional photos.

    77%Source: Yotpo

    The power of picture reviews

  • Videos are shared

    1,200xMore than text and links combined

    Source: Simply Measured

    The power of video reviews

  • The power of video reviews

    Video now appears in 70% of the top 100 search results listings

    Source: Kiss Metrics

  • The power of video reviews

    85%more likely to buy a product,after watching a video

    Source: StoryBox

    Online shoppers are:

  • Bring experiences to life!

  • Bring experiences to life!

  • Going viral

    Source: JukinVideo

  • Going viral

    Source: JukinVideo

  • Chewbacca Mom Candace Payne

    136 million views in 3 days

    Sold out on Amazon, Walmart, Toys R Us and many more

    Now selling for $300 on EBay!

  • Wrapping up

  • Takeaways

    Millennials find UGC more trustworthy, and more memorable than other forms of media

    UGC is increasingly more available to create, view and share

    Businesses can take advantage and let customers do their content marketing for them!

  • Bring reviews to life!

  • Bring reviews to life!

  • James Perrin, Head of Content & Social

    [email protected]

    UGC and Millennials: A Modern Day Love StoryThe rise of UGCMillennials the connected generationMillennials purchasing powerFor Millennials UGC isMillennials love UGCMillennials love UGCWhy UGC?Maybe theyre born with itEasier than everSlide Number 11TrustedMore influential than celebritiesTheir voice:Their wayThe Evolution of ContentForms of UGCExample: StarbucksExample: BurberryExample: Coca-ColaForms of UGCSlide Number 21Slide Number 22The power of video reviewsThe power of video reviewsBring experiences to life!Bring experiences to life!Going viralGoing viralChewbaccaMom Candace PayneWrapping upTakeawaysBring reviews to life!Bring reviews to life!Slide Number 34