MARKETING

How to Find a Job After College: The Ultimate Guide

Published

2 years ago

May 10, 2022

College graduation is just around the corner, which means it’s almost speech season. Don’t get me wrong, I love a good graduation speech and all the platitudes that come along with it, but very few of them give guidance on how to find a job after college.

We want to help. At HubSpot, we’re lucky enough to interview and hire a lot of recent graduates, so I’ve rounded up some advice below based on interviews, applications, and feedback we hear from hiring managers, recruiters, and job candidates alike. And for free templates and tools you can use to put the advice below into practice download this post’s complementary guide here.

But before we dive into how to find a job after college, let’s first shed some light on why the job searching process is so difficult for college graduates.

Why is it hard to find a job after college?

One of the leading factors that make finding a job after college difficult is fierce competition.

According to Statista, the percentage of the U.S. population that have a 4-year college degree has steadily increased since the 1940s. As of 2020, 38.3% of women and 36.7% of men have completed four years of college or more.

With college degrees becoming more and more common, graduates are finding it difficult to stand out to employers. The competition can be even more intense for college students who either did not complete an internship in their field studies while pursuing their education.

With that said, here is some advice to make finding a job after college less daunting.

12 Tips for Finding a Job After College

1. Narrow down your search.

I asked a recent college graduate how many applications he submitted to companies each week as part of his job search. His response was, “As many as I need to get my parents off my back.”

Unfortunately, sending out countless applications isn’t strategic and is typically unsuccessful because:

It’s hard to stick out from the pack of other applicants when you’re trying to be all things to all people.
You can’t properly research and follow up with hundreds of job applications.
Juggling too many applications can increase the likelihood of spelling mistakes, misstating goals, or missing scheduled phone screens.

Instead, I recommend doing enough homework to reasonably target 10-12 companies. This way you’ll have the time and energy to give each application the attention necessary to ensure they’re filled out properly. And you’ll be able to better hone in on the unique skills you’d bring to the job and really stand out to employers.

2. Talk to 10 people about their jobs.

I recommend scheduling a 30-minute, well-organized and orchestrated phone interview with someone familiar with the company or its field.

Ask a friend who graduated recently, a neighbor from your hometown, or check in with your career services office to ask for some input. If your immediate network isn’t a great resource, get to work on LinkedIn — identify individuals with job titles that interest you and ask if they would be open to a quick conversation.

Regardless of the field you choose, you are going to spend a lot of time at work, so it’s worth investing the time beforehand to understand what roles will actually be like after you secure the job.

3. Reach out to entry level employees.

You’ll want to focus on selecting people at or close to entry level jobs as they’ll give a much more realistic sense of what your day would be like and what skills you would need to succeed. This step can help you significantly refine your search and align your applications accordingly.

While it may be tempting to reach out to senior leaders, it would be better to wait until after you have clear context on the types of roles you’re most interested in pursuing.

4. Ask Good Questions.

Focus on asking questions about what their average day looks like:

What do they work on?
Are they mostly working alone at a computer or in meetings with other people?
How (if at all) do they interact with their boss?
What’s the culture at their organization like?
What do they like about it and what do they wish they could change?
What’s the most important skill to succeed in the job they have, and why?

These types of questions are specific and give you a real sense for what it’s like to actually do a given job.

5. Listen.

Active listening can be the single most effective tool in identifying the right company and role for your skill set.

Ask your professors and advisors if they know alumni working at companies where you could be a good fit. Ask your previous employers for feedback on what you’re best at and what you can do better. The answers to these questions should help inform your job search, but you need to actively listen to make their advice actionable.

Moreover, take good notes during these conversations. I’d recommend creating a Google doc with:

The name of the person you’re talking with

The company they work for

Key takeaways from the call

After these conversations, make clear follow-ups and carve out time after every informational conversation to thank the person who gave you their time.

6. Identify three job tracks and create a playbook for each one.

After your phone calls and interviews help you identify a few roles that really interest you, visit the career site for a few of the companies in your preferred geography that offer the roles you’re seeking. Take note of the specific skills the position demands.

Many applicants skip this step entirely, but it’s imperative to understand what the hiring managers are seeking and what experience is most relevant to the career paths you’re targeting.

Recognizing that the best hiring managers can screen for potential and skill, you need to craft a compelling narrative for why you are positioned to succeed in a role. Does that mean you need to check every single box? Absolutely not, but you do need a compelling story for why you are uniquely suited to the position.

Far too many people send the same resume for multiple positions that require very different skills and experiences.

To avoid this, my recommendation is to fill in the blanks of this sentence before you start on a resume or cover letter: “I would be a great (_______________) because I have _________, ________, and _______ skills as evidenced by my work with ___________ and _____________.”

This may seem elementary, but when you’re in the thick of a job search it’s easy to get lazy and ship the same materials to everyone. Creating a clear, concise summary of why you are positioned to succeed in a given role is a great foundation for the materials you’ll create next before applying.

7. Craft compelling application materials that tell your story.

Far too many people treat creating their resume, cover letter, and any other necessary application materials as a chore to be completed or a checklist to be generated. In reality, recruiters and hiring managers scan through hundreds if not thousands of resumes on a weekly basis, so make their lives easier by creating a truly compelling narrative on your interest in the role.

Telling a great story doesn’t mean filling every square inch of space on a page. In fact, the best resumes and cover letters use spacing, italics, and bold text to make the materials more readily digestible and enjoyable to read for the hiring manager.

When it comes to crafting your narrative for applications, don’t underestimate the role of activities outside of work: You don’t need a formal internship or summer job to show that you’re interested in and capable of blogging, or a seasoned job in sales to show that you’re passionate about engaging people.

Did you blog for your college admissions office to help recruit incoming students? You should include that experience if you’re applying for a marketing, recruiting, or human resources position.

Did you use iMovie to create videos for your university’s theater program? Learn enough code to launch a website for your parents’ restaurant? If you’re applying for any role in technical support, design, or engineering, incorporate it.

Far too many people underestimate the role activities outside the classroom can play in demonstrating your potential and drive, so don’t overlook these experiences when you’re crafting your story.

8. Google yourself.

Most hiring managers will run a quick Google search before reaching out to you for a phone screen, so Google yourself before you start applying for jobs and ask yourself what story your online presence tells. If it doesn’t align with the narrative you’re using in your job applications, invest the time and energy to change it.

Your online presence should reflect your personal and professional interests, and with the proliferation of free publishing forums (from LinkedIn to Medium to About.me), you have no excuse not to put them to work on your behalf in the job search process.

For example, let’s say you are interested in applying to Wistia, an online video hosting platform and one of our neighboring companies here in Boston. How could you convey a passion for video if you’re not an editor, producer, or director?

You could share remarkable videos you see online as a consumer, or blog about how video marketing can influence the sales process. You can also incorporate your previous experience with video on your LinkedIn profile, or tweet articles covering recent brand video launches, among other things.

Be honest about what your current digital footprint says about your candidacy, and then invest some time and energy to change it from a liability to an asset before you start sending your resume out.

9. Apply thoughtfully.

Before you hit submit, triple-check everything for spelling, syntax, and grammar. Everyone knows someone with a particularly good eye for catching mistakes — pay them in lunch or coffee to help you do a final check of your materials before you ship them. Don’t let a spelling or grammatical mistake be the reason you don’t land a job.

Also, be sure that you have the right details in the right applications. Create separate folders on your computer for each company so that you don’t proudly state how excited you are to work at Company X when your application is for Company Y.

Once you hit submit, you’re not done yet. I recommend creating a Google spreadsheet with tabs for each of the job types you’re applying for, along with the name of the company you applied to, the date you applied, a link to the job on the careers site (so you can reference it easily if asked down the line), as well as the name of the hiring manager or recruiter if available.

This quick exercise makes follow-up a breeze. If you haven’t heard back within a week, sending an email to your contact to politely check in and ask if there is anything you can do to support your candidacy is a great way to show interest without being overbearing.

Logging everything (including return phone calls, informational screens, and rejection emails alike) in one document will also minimize embarrassing gaffes such as applying for multiple positions at the same company or missing a scheduled informational interview. Plus, having a centralized location means it’ll be much easier for you to react if something unexpected comes up, such as if a hiring manager calls you to discuss the role in depth.

10. Respect the process.

Treat every element of the entire candidate experience like a formal interview. A recruiter calling you to role-play what it’s like to work on our services team? That’s part of the job audition. The emails the hiring manager sends you with details on what to expect in the interview? Your response and timeliness are part of the interview process as well.

If you’re taking a phone call from the company, find a quiet place to talk, answer the phone appropriately, and thank the hiring manager or recruiting coordinator for making the time to connect with you.

Part of respecting the process is really doing your homework. Here’s a checklist to consider when you’re doing your research:

Can you describe, clearly and concisely, what the company does to make money and the problem they are solving in the market?
Have you visited their leadership page to understand the backgrounds of people running the company and how the organization is organized?
Did you check out interview questions along with recent candidate experience reviews on Glassdoor to check out what people are saying about the company so you can ask better questions when you meet with current employees?
Can you reference any recent news the company announced on its company news page, investor relations site, or blog?
Have you followed the company on one or more social media channels so you can see how the organization positions itself in the market?
If you’re lucky enough to get an interview, have you checked out the LinkedIn profiles of everyone you’re meeting with so you know their role and tenure at the company?

It’s important to treat every interaction with the company and its hiring team with the highest degree of professionalism and consideration. Visiting a company’s website on the train en route to the interview does not constitute research.

If you expect an organization to invest in you, invest two hours to properly understand its products, people, and value proposition so you can tailor your approach and responses accordingly.

11. Pass the receptionist test with flying colors.

No one wants to work with a jerk, and if you’re rude or dismissive of the person who greets you upon arrival for an interview, chances are you’re not the type of person I want to be in the trenches with on a daily basis. Plus, receptionists usually have the ear of top executives, so if you underestimate them, it could cost you.

Treat everyone you interact with at the company as though they are your interviewer. People don’t want to work with anyone who can’t make time for general pleasantries.

In fact, when the co-founder of Warby Parker, Neil Blumenthal, appeared on The Growth Show, he said their entire organization screens heavily for empathy and humility in the hiring process. As Blumenthal correctly pointed out, you spend most of your waking life with coworkers, so hiring people who are jerks just creates “culture debt” — a huge price that your organization has to repay for years to come.

So be nice and gracious to everyone you meet: It will pay off for many years to come.

12. Know how to accept and negotiate an offer.

If you make it through the interview experience and are lucky enough to be offered a job, don’t botch your hard work at the one-yard line.

Instead, start off by thanking the company for the offer and asking clarifying questions to better understand the role you’re being offered, the team you’ll be joining, and the salary and benefits associated with the job. Typically, you’ll receive a call from a hiring manager or recruiter with this information, and then ask for the offer to be sent in writing.

I generally recommend that people profusely thank their interviewer, then ask for a day to review the offer in detail and return with any questions you may have. Doing so ensures they know you are interested and gives you time to pour over the materials in depth to formulate good questions to ask of your potential employer.

For an entry-level position, you have to strike a balance between negotiating a fair deal and being a high-maintenance hire. I recommend formulating a list of your questions then reviewing the materials a second time to ensure that the answers aren’t contained in the information they sent for you.

You want to ask questions that are thoughtful, insightful, and reflect what matters most to you. In other words, if your base salary is the most important factor in your job decision, invest most of your time on the phone asking clarifying questions — not on how much vacation time you will have.

There is no better time than the present to pursue the job and career track you love, but it’s not going to fall in your lap. Follow the guide above to narrow your search, target your prospects, and prepare yourself for the application and interview process. It’s an investment of time and energy well worth making — one that will pay dividends for your entire career.

Related Topics:college Find Guide job Ultimate

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MARKETING

How to Use AI For a More Effective Social Media Strategy, According to Ross Simmonds

Published

1 day ago

April 22, 2024

Entireweb News Bot

How to Use AI For a More Effective Social Media Strategy, According to Ross Simmonds

Welcome to Creator Columns, where we bring expert HubSpot Creator voices to the Blogs that inspire and help you grow better.

It’s the age of AI, and our job as marketers is to keep up.

My team at Foundation Marketing recently conducted an AI Marketing study surveying hundreds of marketers, and more than 84% of all leaders, managers, SEO experts, and specialists confirmed that they used AI in the workplace.

If you can overlook the fear-inducing headlines, this technology is making social media marketers more efficient and effective than ever. Translation: AI is good news for social media marketers.

In fact, I predict that the marketers not using AI in their workplace will be using it before the end of this year, and that number will move closer and closer to 100%.

Social media and AI are two of the most revolutionizing technologies of the last few decades. Social media has changed the way we live, and AI is changing the way we work.

So, I’m going to condense and share the data, research, tools, and strategies that the Foundation Marketing Team and I have been working on over the last year to help you better wield the collective power of AI and social media.

Let’s jump into it.

What’s the role of AI in social marketing strategy?

In a recent episode of my podcast, Create Like The Greats, we dove into some fascinating findings about the impact of AI on marketers and social media professionals. Take a listen here:

Let’s dive a bit deeper into the benefits of this technology:

Benefits of AI in Social Media Strategy

AI is to social media what a conductor is to an orchestra — it brings everything together with precision and purpose. The applications of AI in a social media strategy are vast, but the virtuosos are few who can wield its potential to its fullest.

AI to Conduct Customer Research

Imagine you’re a modern-day Indiana Jones, not dodging boulders or battling snakes, but rather navigating the vast, wild terrain of consumer preferences, trends, and feedback.

This is where AI thrives.

Using social media data, from posts on X to comments and shares, AI can take this information and turn it into insights surrounding your business and industry. Let’s say for example you’re a business that has 2,000 customer reviews on Google, Yelp, or a software review site like Capterra.

Leveraging AI you can now have all 2,000 of these customer reviews analyzed and summarized into an insightful report in a matter of minutes. You simply need to download all of them into a doc and then upload them to your favorite Generative Pre-trained Transformer (GPT) to get the insights and data you need.

But that’s not all.

You can become a Prompt Engineer and write ChatGPT asking it to help you better understand your audience. For example, if you’re trying to come up with a persona for people who enjoy marathons but also love kombucha you could write a prompt like this to ChatGPT:

The response that ChatGPT provided back is quite good:

Below this it went even deeper by including a lot of valuable customer research data:

Demographics
Psychographics
Consumer behaviors
Needs and preferences

And best of all…

It also included marketing recommendations.

The power of AI is unbelievable.

Social Media Content Using AI

AI’s helping hand can be unburdening for the creative spirit.

Instead of marketers having to come up with new copy every single month for posts, AI Social Caption generators are making it easier than ever to craft catchy status updates in the matter of seconds.

Tools like HubSpot make it as easy as clicking a button and telling the AI tool what you’re looking to create a post about:

The best part of these AI tools is that they’re not limited to one channel.

Your AI social media content assistant can help you with LinkedIn content, X content, Facebook content, and even the captions that support your post on Instagram.

It can also help you navigate hashtags:

With AI social media tools that generate content ideas or even write posts, it’s not about robots replacing humans. It’s about making sure that the human creators on your team are focused on what really matters — adding that irreplaceable human touch.

Enhanced Personalization

You know that feeling when a brand gets you, like, really gets you?

AI makes that possible through targeted content that’s tailored with a level of personalization you’d think was fortune-telling if the data didn’t paint a starker, more rational picture.

What do I mean?

Brands can engage more quickly with AI than ever before. In the early 2000s, a lot of brands spent millions of dollars to create social media listening rooms where they would hire social media managers to find and engage with any conversation happening online.

Thanks to AI, brands now have the ability to do this at scale with much fewer people all while still delivering quality engagement with the recipient.

Analytics and Insights

Tapping into AI to dissect the data gives you a CSI-like precision to figure out what works, what doesn’t, and what makes your audience tick. It’s the difference between guessing and knowing.

The best part about AI is that it can give you almost any expert at your fingertips.

If you run a report surrounding the results of your social media content strategy directly from a site like LinkedIn, AI can review the top posts you’ve shared and give you clear feedback on what type of content is performing, why you should create more of it, and what days of the week your content is performing best.

This type of insight that would typically take hours to understand.

Now …

Thanks to the power of AI you can upload a spreadsheet filled with rows and columns of data just to be met with a handful of valuable insights a few minutes later.

Improved Customer Service

Want 24/7 support for your customers?

It’s now possible without human touch.

Chatbots powered by AI are taking the lead on direct messaging experiences for brands on Facebook and other Meta properties to offer round-the-clock assistance.

The fact that AI can be trained on past customer queries and data to inform future queries and problems is a powerful development for social media managers.

Advertising on Social Media with AI

The majority of ad networks have used some variation of AI to manage their bidding system for years. Now, thanks to AI and its ability to be incorporated in more tools, brands are now able to use AI to create better and more interesting ad campaigns than ever before.

Brands can use AI to create images using tools like Midjourney and DALL-E in seconds.

Brands can use AI to create better copy for their social media ads.

Brands can use AI tools to support their bidding strategies.

The power of AI and social media is continuing to evolve daily and it’s not exclusively found in the organic side of the coin. Paid media on social media is being shaken up due to AI just the same.

How to Implement AI into Your Social Media Strategy

Ready to hit “Go” on your AI-powered social media revolution?

Don’t just start the engine and hope for the best. Remember the importance of building a strategy first. In this video, you can learn some of the most important factors ranging from (but not limited to) SMART goals and leveraging influencers in your day-to-day work:

The following seven steps are crucial to building a social media strategy:

Identify Your AI and Social Media Goals
Validate Your AI-Related Assumptions
Conduct Persona and Audience Research
Select the Right Social Channels
Identify Key Metrics and KPIs
Choose the Right AI Tools
Evaluate and Refine Your Social Media and AI Strategy

Keep reading, roll up your sleeves, and follow this roadmap:

1. Identify Your AI and Social Media Goals

If you’re just dipping your toes into the AI sea, start by defining clear objectives.

Is it to boost engagement? Streamline your content creation? Or simply understand your audience better? It’s important that you spend time understanding what you want to achieve.

For example, say you’re a content marketing agency like Foundation and you’re trying to increase your presence on LinkedIn. The specificity of this goal will help you understand the initiatives you want to achieve and determine which AI tools could help you make that happen.

Are there AI tools that will help you create content more efficiently? Are there AI tools that will help you optimize LinkedIn Ads? Are there AI tools that can help with content repurposing? All of these things are possible and having a goal clearly identified will help maximize the impact. Learn more in this Foundation Marketing piece on incorporating AI into your content workflow.

Once you have identified your goals, it’s time to get your team on board and assess what tools are available in the market.

Recommended Resources:

2. Validate Your AI-Related Assumptions

Assumptions are dangerous — especially when it comes to implementing new tech.

Don’t assume AI is going to fix all your problems.

Instead, start with small experiments and track their progress carefully.

3. Conduct Persona and Audience Research

Social media isn’t something that you can just jump into.

You need to understand your audience and ideal customers. AI can help with this, but you’ll need to be familiar with best practices. If you need a primer, this will help:

Once you understand the basics, consider ways in which AI can augment your approach.

4. Select the Right Social Channels

Not every social media channel is the same.

It’s important that you understand what channel is right for you and embrace it.

The way you use AI for X is going to be different from the way you use AI for LinkedIn. On X, you might use AI to help you develop a long-form thread that is filled with facts and figures. On LinkedIn however, you might use AI to repurpose a blog post and turn it into a carousel PDF. The content that works on X and that AI can facilitate creating is different from the content that you can create and use on LinkedIn.

The audiences are different.

The content formats are different.

So operate and create a plan accordingly.

Recommended Tools and Resources:

5. Identify Key Metrics and KPIs

What metrics are you trying to influence the most?

Spend time understanding the social media metrics that matter to your business and make sure that they’re prioritized as you think about the ways in which you use AI.

These are a few that matter most:

Reach: Post reach signifies the count of unique users who viewed your post. How much of your content truly makes its way to users’ feeds?
Clicks: This refers to the number of clicks on your content or account. Monitoring clicks per campaign is crucial for grasping what sparks curiosity or motivates people to make a purchase.
Engagement: The total social interactions divided by the number of impressions. This metric reveals how effectively your audience perceives you and their readiness to engage.

Of course, it’s going to depend greatly on your business.

But with this information, you can ensure that your AI social media strategy is rooted in goals.

6. Choose the Right AI Tools

The AI landscape is filled with trash and treasure.

Pick AI tools that are most likely to align with your needs and your level of tech-savviness.

For example, if you’re a blogger creating content about pizza recipes, you can use HubSpot’s AI social caption generator to write the message on your behalf:

The benefit of an AI tool like HubSpot and the caption generator is that what at one point took 30-40 minutes to come up with — you can now have it at your fingertips in seconds. The HubSpot AI caption generator is trained on tons of data around social media content and makes it easy for you to get inspiration or final drafts on what can be used to create great content.

Consider your budget, the learning curve, and what kind of support the tool offers.

7. Evaluate and Refine Your Social Media and AI Strategy

AI isn’t a magic wand; it’s a set of complex tools and technology.

You need to be willing to pivot as things come to fruition.

If you notice that a certain activity is falling flat, consider how AI can support that process.

Did you notice that your engagement isn’t where you want it to be? Consider using an AI tool to assist with crafting more engaging social media posts.

Make AI Work for You — Now and in the Future

AI has the power to revolutionize your social media strategy in ways you may have never thought possible. With its ability to conduct customer research, create personalized content, and so much more, thinking about the future of social media is fascinating.

We’re going through one of the most interesting times in history.

Stay equipped to ride the way of AI and ensure that you’re embracing the best practices outlined in this piece to get the most out of the technology.

MARKETING

Advertising in local markets: A playbook for success

Published

2 days ago

April 21, 2024

Entireweb News Bot

Advertising in local markets: A playbook for success

Many brands, such as those in the home services industry or a local grocery chain, market to specific locations, cities or regions. There are also national brands that want to expand in specific local markets.

Regardless of the company or purpose, advertising on a local scale has different tactics than on a national scale. Brands need to connect their messaging directly with the specific communities they serve and media to their target demo. Here’s a playbook to help your company succeed when marketing on a local scale.

1. Understand local vs. national campaigns

Local advertising differs from national campaigns in several ways:

Audience specificity: By zooming in on precise geographic areas, brands can tailor messaging to align with local communities’ customs, preferences and nuances. This precision targeting ensures that your message resonates with the right target audience.
Budget friendliness: Local advertising is often more accessible for small businesses. Local campaign costs are lower, enabling brands to invest strategically within targeted locales. This budget-friendly nature does not diminish the need for strategic planning; instead, it emphasizes allocating resources wisely to maximize returns. As a result, testing budgets can be allocated across multiple markets to maximize learnings for further market expansion.
Channel selection: Selecting the correct channels is vital for effective local advertising. Local newspapers, radio stations, digital platforms and community events each offer advantages. The key lies in understanding where your target audience spends time and focusing efforts to ensure optimal engagement.
Flexibility and agility: Local campaigns can be adjusted more swiftly in response to market feedback or changes, allowing brands to stay relevant and responsive.

Maintaining brand consistency across local touchpoints reinforces brand identity and builds a strong, recognizable brand across markets.

2. Leverage customized audience segmentation

Customized audience segmentation is the process of dividing a market into distinct groups based on specific demographic criteria. This marketing segmentation supports the development of targeted messaging and media plans for local markets.

For example, a coffee chain might cater to two distinct segments: young professionals and retirees. After identifying these segments, the chain can craft messages, offers and media strategies relating to each group’s preferences and lifestyle.

To reach young professionals in downtown areas, the chain might focus on convenience, quality coffee and a vibrant atmosphere that is conducive to work and socializing. Targeted advertising on Facebook, Instagram or Connected TV, along with digital signage near office complexes, could capture the attention of this demographic, emphasizing quick service and premium blends.

Conversely, for retirees in residential areas, the chain could highlight a cozy ambiance, friendly service and promotions such as senior discounts. Advertisements in local print publications, community newsletters, radio stations and events like senior coffee mornings would foster a sense of community and belonging.

Dig deeper: Niche advertising: 7 actionable tactics for targeted marketing

3. Adapt to local market dynamics

Various factors influence local market dynamics. Brands that navigate changes effectively maintain a strong audience connection and stay ahead in the market. Here’s how consumer sentiment and behavior may evolve within a local market and the corresponding adjustments brands can make.

Cultural shifts, such as changes in demographics or societal norms, can alter consumer preferences within a local community. For example, a neighborhood experiencing gentrification may see demand rise for specific products or services.
- Respond by updating your messaging to reflect the evolving cultural landscape, ensuring it resonates with the new demographic profile.
Economic conditions are crucial. For example, during downturns, consumers often prioritize value and practicality.
- Highlight affordable options or emphasize the practical benefits of your offerings to ensure messaging aligns with consumers’ financial priorities. The impact is unique to each market and the marketing message must also be dynamic.
Seasonal trends impact consumer behavior.
- Align your promotions and creative content with changing seasons or local events to make your offerings timely and relevant.
New competitors. The competitive landscape demands vigilance because new entrants or innovative competitor campaigns can shift consumer preferences.
- Differentiate by focusing on your unique selling propositions, such as quality, customer service or community involvement, to retain consumer interest and loyalty.

4. Apply data and predictive analytics

Data and predictive analytics are indispensable tools for successfully reaching local target markets. These technologies provide consumer behavior insights, enabling you to anticipate market trends and adjust strategies proactively.

Price optimization: By analyzing consumer demand, competitor pricing and market conditions, data analytics enables you to set prices that attract customers while ensuring profitability.
Competitor analysis: Through analysis, brands can understand their positioning within the local market landscape and identify opportunities and threats. Predictive analytics offer foresight into competitors’ potential moves, allowing you to strategize effectively to maintain a competitive edge.
Consumer behavior: Forecasting consumer behavior allows your brand to tailor offerings and marketing messages to meet evolving consumer needs and enhance engagement.
Marketing effectiveness: Analytics track the success of advertising campaigns, providing insights into which strategies drive conversions and sales. This feedback loop enables continuous optimization of marketing efforts for maximum impact.
Inventory management: In supply chain management, data analytics predict demand fluctuations, ensuring inventory levels align with market needs. This efficiency prevents stockouts or excess inventory, optimizing operational costs and meeting consumer expectations.

Dig deeper: Why you should add predictive modeling to your marketing mix

5. Counter external market influences

Consider a clothing retailer preparing for a spring collection launch. By analyzing historical weather data and using predictive analytics, the brand forecasts an unseasonably cool start to spring. Anticipating this, the retailer adjusts its campaign to highlight transitional pieces suitable for cooler weather, ensuring relevance despite an unexpected chill.

Simultaneously, predictive models signal an upcoming spike in local media advertising rates due to increased market demand. Retailers respond by reallocating a portion of advertising budgets to digital channels, which offer more flexibility and lower costs than traditional media. This shift enables brands to maintain visibility and engagement without exceeding budget, mitigating the impact of external forces on advertising.

6. Build consumer confidence with messaging

Localized messaging and tailored customer service enhance consumer confidence by demonstrating your brand’s understanding of the community. For instance, a grocery store that curates cooking classes featuring local cuisine or sponsors community events shows commitment to local culture and consumer interests.

Similarly, a bookstore highlighting local authors or topics relevant to the community resonates with local customers. Additionally, providing service that addresses local needs — such as bilingual service and local event support — reinforces the brand’s values and response to the community.

Through these localized approaches, brands can build trust and loyalty, bridging the gap between corporate presence and local relevance.

7. Dominate with local advertising

To dominate local markets, brands must:

Harness hyper-targeted segmentation and geo-targeted advertising to reach and engage precise audiences.
Create localized content that reflects community values, engage in community events, optimize campaigns for mobile and track results.
Fine-tune strategies, outperform competitors and foster lasting relationships with customers.

These strategies will enable your message to resonate with local consumers, differentiate you in competitive markets and ensure you become a major player in your specific area.

Dig deeper: The 5 critical elements for local marketing success

Opinions expressed in this article are those of the guest author and not necessarily MarTech. Staff authors are listed here.

MARKETING

Battling for Attention in the 2024 Election Year Media Frenzy

Published

3 days ago

April 20, 2024

Entireweb News Bot

Battling for Attention in the 2024 Election Year Media Frenzy

As we march closer to the 2024 U.S. presidential election, CMOs and marketing leaders need to prepare for a significant shift in the digital advertising landscape. Election years have always posed unique challenges for advertisers, but the growing dominance of digital media has made the impact more profound than ever before.

In this article, we’ll explore the key factors that will shape the advertising environment in the coming months and provide actionable insights to help you navigate these turbulent waters.

The Digital Battleground

The rise of cord-cutting and the shift towards digital media consumption have fundamentally altered the advertising landscape in recent years. As traditional TV viewership declines, political campaigns have had to adapt their strategies to reach voters where they are spending their time: on digital platforms.

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According to a recent report by eMarketer, the number of cord-cutters in the U.S. is expected to reach 65.1 million by the end of 2023, representing a 6.9% increase from 2022. This trend is projected to continue, with the number of cord-cutters reaching 72.2 million by 2025.

Moreover, a survey conducted by Pew Research Center in 2023 found that 62% of U.S. adults do not have a cable or satellite TV subscription, up from 61% in 2022 and 50% in 2019. This data further underscores the accelerating shift away from traditional TV and towards streaming and digital media platforms.

As these trends continue, political advertisers will have no choice but to follow their audiences to digital channels. In the 2022 midterm elections, digital ad spending by political campaigns reached $1.2 billion, a 50% increase from the 2018 midterms. With the 2024 presidential election on the horizon, this figure is expected to grow exponentially, as campaigns compete for the attention of an increasingly digital-first electorate.

For brands and advertisers, this means that the competition for digital ad space will be fiercer than ever before. As political ad spending continues to migrate to platforms like Meta, YouTube, and connected TV, the cost of advertising will likely surge, making it more challenging for non-political advertisers to reach their target audiences.

To navigate this complex and constantly evolving landscape, CMOs and their teams will need to be proactive, data-driven, and willing to experiment with new strategies and channels. By staying ahead of the curve and adapting to the changing media consumption habits of their audiences, brands can position themselves for success in the face of the electoral advertising onslaught.

Rising Costs and Limited Inventory

As political advertisers flood the digital market, the cost of advertising is expected to skyrocket. CPMs (cost per thousand impressions) will likely experience a steady climb throughout the year, with significant spikes anticipated in May, as college students come home from school and become more engaged in political conversations, and around major campaign events like presidential debates.

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For media buyers and their teams, this means that the tried-and-true strategies of years past may no longer be sufficient. Brands will need to be nimble, adaptable, and willing to explore new tactics to stay ahead of the game.

Black Friday and Cyber Monday: A Perfect Storm

The challenges of election year advertising will be particularly acute during the critical holiday shopping season. Black Friday and Cyber Monday, which have historically been goldmines for advertisers, will be more expensive and competitive than ever in 2024, as they coincide with the final weeks of the presidential campaign.

To avoid being drowned out by the political noise, brands will need to start planning their holiday campaigns earlier than usual. Building up audiences and crafting compelling creative assets well in advance will be essential to success, as will a willingness to explore alternative channels and tactics. Relying on cold audiences come Q4 will lead to exceptionally high costs that may be detrimental to many businesses.

Navigating the Chaos

While the challenges of election year advertising can seem daunting, there are steps that media buyers and their teams can take to mitigate the impact and even thrive in this environment. Here are a few key strategies to keep in mind:

Start early and plan for contingencies: Begin planning your Q3 and Q4 campaigns as early as possible, with a focus on building up your target audiences and developing a robust library of creative assets.

Be sure to build in contingency budgets to account for potential cost increases, and be prepared to pivot your strategy as the landscape evolves.

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Embrace alternative channels: Consider diversifying your media mix to include channels that may be less impacted by political ad spending, such as influencer marketing, podcast advertising, or sponsored content. Investing in owned media channels, like email marketing and mobile apps, can also provide a direct line to your customers without the need to compete for ad space.

Owned channels will be more important than ever. Use cheaper months leading up to the election to build your email lists and existing customer base so that your BF/CM can leverage your owned channels and warm audiences.

Craft compelling, shareable content: In a crowded and noisy advertising environment, creating content that resonates with your target audience will be more important than ever. Focus on developing authentic, engaging content that aligns with your brand values and speaks directly to your customers’ needs and desires.

By tapping into the power of emotional triggers and social proof, you can create content that not only cuts through the clutter but also inspires organic sharing and amplification.

Reflections

The 2024 election year will undoubtedly bring new challenges and complexities to the world of digital advertising. But by staying informed, adaptable, and strategic in your approach, you can navigate this landscape successfully and even find new opportunities for growth and engagement.

As a media buyer or agnecy, your role in steering your brand through these uncharted waters will be critical. By starting your planning early, embracing alternative channels and tactics, and focusing on creating authentic, resonant content, you can not only survive but thrive in the face of election year disruptions.

So while the road ahead may be uncertain, one thing is clear: the brands that approach this challenge with creativity, agility, and a steadfast commitment to their customers will be the ones that emerge stronger on the other side.