Tag: learning

How to Prepare Your Brand for the Not So Distant Future: 2.22.22

Where will the world be on February 2, 2022? What can we expect the business landscape to look like? What brands will see success and which ones won’t? What will be important to consumers?

All of these are important questions that are top of mind for marketers and will continue to be in the months and years ahead. During #SMWONE Suzy CEO Matt Britton tapped into up to the minute research from his team to play the role of futurist and paint a broad picture of the world we will be living in on the other side of COVID-19.

Here are the primary insights and takeaways:

  • Consumers want variety; not quantity when it comes to their purchases
  • Secondary and tertiary cities are on the path to become the new “hot spots”
  • People are ultimately more fascinating than brands and influencers will be behind the brands that take off

Living: the “accordion effect”

According to Britton, the global pandemic will result in an “accordion effect” in which people will gravitate away from the big cities like New York or San Francisco. Meanwhile, secondary and tertiary cities like Columbus, Ohio, Denver, Colorado, and Denton, Texas are on the path to become the new “hot spots.” “Suburban sprawl simply is not that appealing to the millennial generation,” he added.

What are the tangential effects of this transition? Appreciation is these lower-tiered markets and home prices in areas like New York or San Francisco leveling off. With this, we may see a trickle-down effect whereby there is a resurgence in automobile purchases. This potential increase in demand for consumers buying cars, however, could result in reduced demand in the long-term, for ride-sharing companies like Lyft and Uber preferred for their ubiquity.

Buying: consumers want variety

Consumers want variety; not quantity when it comes to apparel. One may assume this would open the window of opportunity for retailers but in a down market, this isn’t the case. Britton elaborated with several examples including J.Crew recently filing for bankruptcy and Gap claiming some of its stories will never reopen.

“These companies surely lean too heavily into a brick and mortar layout and did not pivot nearly fast enough to an e-commerce model,” Britton explained.

He pointed to Rent the Runway (RTR) and Ipsy, recently announcing it surpassed $5M in revenue, as prime examples of business models that will continue to be sustainable because the trends of consumers wearing garments less and less or wanting the convenience of beauty products sent to their home is not going to reverse.

Another important retail trend: companies will increasingly look to take over control of their own consumer experience. Nike, for instance, pulled its products off of Amazon this past November. This also holds for the CPG space. In a world of Amazon Prime, companies including Million Dollar Shave Clubface increased pressure to establish a more scalable e-commerce strategy.

“If I’m the CPGs, I’m trying to form a coalition where there are prime benefits where Costco, with traditional CPGs, can compete against Amazon, and maybe P&G one day will make the same decision that Nike made,” explained Britton.

The growing role of influencers

Surfacing headlines are posing the common question: could the coronavirus kill the influencer culture? Per Britton, “influencer culture is just begging and it is here to stay.”

Something Navy fashion blogger cracked a deal with Nordstrom and started to sell her own clothing. In this wavelength, he also mentioned Danielle Berstein who with her “We Wore What” blog is building a bigger audience through socially responsible posts across content and supporting small businesses with her efforts. IN turn, she’s seeing tremendous success via launching new products with numerous retailers.

“People are ultimately more fascinating than brands and influencers will be behind the brands that take off.”

Look no further than the TV space for prime examples of this idea, specifically the story of Oprah Winfrey’s rise to fame as she became a brand in her own right. The same trend will likely take form within the fashion space, per Britton. Influential people who have the right audiences and are built from the ground up will be able to create sustainable, digitally-native businesses that evolve into the new Gaps and the new Nordstroms of the future.

Brands as “ingredient” or “helping” brands

Years ago Home Depot coined the tagline “You can do it. We can help.” As consumers realize they can no longer rely on the services that they once did in a pre-crisis environment, they are now resorting to their own devices. 43 percent of dog owners, for instance, claim they will switch to DIY grooming.

Mattel Playroom, as another example, is using this time to encourage families and children to come up with their own toys in its “Play is Never Cancelled” — this concept of taking what you bought from us and make it bigger and better. Finally, Eva Longoria shocked the Internet when she took to dying her own hair in a L’Oreal ad she filmed herself from her house.

Whether these new habits actually take hold post-COVID, there is a powerful meaning behind brands taking an uncertain time and empowering consumers by giving them the raw ingredients to push forward — a role Britton referred to as “helping brands.”

This is also the case for the food and beverage industry as food preparation has come back into the home. Seventy-five percent of consumers believe they’re more skilled in the kitchen now and over 50 percent believe they will continue to cook more after the crisis. “This will create a substantial shift where these companies who have relied on their packaging and merchandise for years now have to reinvent themselves in a world where their products will be bought digitally, and more consumers are cooking at home on a regular basis,” said Britton.

Entertainment: redefining fun

In the absence of live events, platforms like TikTok and Houseparty are allowing the ability for brands and influencers to collaborate in meaningful and compelling ways. Houseparty specifically saw 17.2M total downloads in March with users carrying out virtual dinner parties, celebrating birthdays, and playing trivia and Pictionary to pass the time at home.

Gaming is also taking off with users engaging with one another on Animal Crossing esports and newcomer apps like Squad. In terms of music, platforms Fortnite and Instagram have become central and taken over the role of “concert venue.” Travis Scott did an entire performance in the form of an avatar on the Fortnite platform that drew in over 12M concurrent viewers. DJs too are using this moment of time to redefine their personal brands, DJ DNice rising to the top for his daily quarantine sets performed on Instagram that draw celebrities like Jennifer Lopez to the crowd.

Work and travel: a slow return

Britton believes travel will come back in full force much like the hospitality space, but it won’t be immediate. As companies struggle with budget cuts and want to avoid the liability of returning to work at the office too quickly, many are taking it upon themselves to postpone major events and issue work from home mandates into 2021.

Similarly to dining out, however, there is an inherent desire to travel and it will return. What is likely to be more apparent in the near future is people opting to travel by car when they’re not as ready to jump on a plane right away. Enter the C2C models of businesses like Airbnb who, despite recently laying off thousands of employees, have a likelihood of finding success for cash strapped homeowners looking for more income and individuals who want quick getaways that are safer than returning to air travel.

Regarding the future of the workplace, businesses are taking serious consideration that not every person across every department needs to be working from the office in order to collaborate and giving employees flexibility as to where they live can boost morale. In short, Britton believes companies will reevaluate their spaces.

Learning

While many workers thrive from home, students are struggling to prosper in a remote learning environment, according to Britton.

For younger generations, school is a place for building friendships, escaping from the house, learning responsibility, and seeing their friends and building core communication and interpersonal skills. 54 percent of parents with students engaged in a remote learning situation due to COVID-19 say it’s a daily struggle to support career and parenting during the day per recent findings from Suzy.

When assessing the 20 skills most in demand today, they are very trade and skill-based including items such as cloud computing, SEO, UX design, and video production, all of which aren’t traditionally taught in a liberal arts environment. The major takeaway: the technology companies are where the jobs are, where GDP is expanding and this is not likely to change. For this reason, it’s unlikely students not want to incur debt for a system that doesn’t prepare them to succeed in this capacity. “There are so many skills in demand that aren’t skills where you’re a jack of all trade or a master of none. I expect us to see a reverberation of demand for skills-based learning and skills-based schools versus generalist schools,” said Britton.

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The post How to Prepare Your Brand for the Not So Distant Future: 2.22.22 appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/06/how-to-prepare-your-brand-for-the-not-so-distant-future-2-22-22/

6 LinkedIn Courses to Boost Mindfulness and Productivity

In these extraordinary times, building your self-care toolbox is equally if not more important than boosting your skills for working remotely and maintaining productivity.

The boundaries between work life and personal life are more blurred than ever and the loss of our most basic avenues for stress relief and recharging including fitness classes, churches or other places of worship, and coffee shops present their own unique challenges to the situation we face.

Managing Mental Health and Reducing Stress

As we look to navigate this new normal, LinkedIn turned to its task force specializing in mental health to create six courses professionals can use to build mindfulness and manage stress.

At a high-level, these will offer insights into increasing your focus, helping you remain grounded amidst the change and ambiguity, manage emotional triggers, and get ‘unstuck’ when you’re feeling overwhelmed. They’ll also help you better understand the impact of a mindful physical workspace and the actionable steps you can take to create one if you haven’t.

Finally, offerings will share tips for building your energy reserves so even when practicing social distancing, you can still have meaningful relationships with your colleagues, friends, and family.

Let’s break these down a bit more.

Shifting out of ‘flight or fight’ mode

Understanding the importance of mindfulness especially during times of uncertainty is imperative in keeping our nervous systems in check and training our brains to healthy manage those moments of ‘flight or flight’ activity.

The first of LinkedIn’s mindfulness courses, ‘Mindfulness Practices’ takes a close look at the benefits and power of this skill to fundamentally change the course of your work and personal lives. Across several expert-led guided exercises, you can expect to evolve your mind to better respond to stressors in a variety of ways. More specifically, by growing your emotional intelligence, boosting your confidence, finding resiliency in the face of failure, and improving your focus and creativity even when change and uncertainty are serving as distractions.

Staying focused and grounded

Staying connected and focused without being physically present can be challenging, but there are a number of ways to ensure your time is spent wisely and your meetings are as successful and collaborative than those taking place in the conference rooms. A few practices highlighted in the ‘The Mindful Workday’ session worth noting include using daily breaks positively so you come back to your desk recharged and knowing when to unplug so you have time each day to check in with yourself.

Lastly, ‘Mindful Meditations for Work and Life’ aims to help people incorporate practical and easy approaches to meditation including visualization, adapting body language, and breathing exercises. The audio course led by Scott Shute, Head of the Mindfulness and Compassion program at LinkedIn, will also unpack the meaning of brain-body connection and insights for making whatever practices feel best for your stick so they can be part of your regular routine.

Getting unstuck and managing overwhelming thoughts

Managing Stress for Positive Change’ challenges the agenda that stress is purely negative and can only detract from quality work. Led by Heidi Hanna, PhD, define stress in concrete terms and tips for assessing and adjusting it so it can be used constructively. She’ll also offer ways managers and members of the C-suite can create an environment and communication style that limits stressors in the workplace and keeps efforts focused on the bigger picture during challenging times.

In a separate course led by Heidi titled ‘How to Manage Feeling Overwhelmed,’ learn the best practices for helping your brain disrupt your stress circuits and cultivate calm and positive energy that will put you on the path to resolution and that the obstacles that once felt unmanageable feel manageable again. By training your brain to get unstuck in these moments you can feel more in control and prepared the next time you’re feeling overwhelmed.

Balance is a key term when it comes to stress management. One of the primary reasons people struggle in this area is because often the warning signs of imbalance aren’t as obvious. ‘Balancing Work and Life’ led by author and business coach Dave Crenshaw grapples with this question and more, including how we can keep balance once it is established. A big takeaway? It is possible to juggle it all — work, family, a social life — with proper time management and prioritization.

In addition to these courses, LinkedIn also unveiled over 16 additional lessons that target how to boost your productivity when working remotely, build relationships when you’re not face-to-face, use virtual meeting tools (Microsoft Teams, Skype, BlueJeans, Cisco Webex and Zoom), and more.

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The post 6 LinkedIn Courses to Boost Mindfulness and Productivity appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/04/6-linkedin-courses-to-boost-mindfulness-and-productivity/

How Platforms are Helping Brands and Users Navigate COVID-19

COVID-19 has undoubtedly become the dominant focus of our day-to-day lives. Keeping pace with the data, insights, and behavioral shifts can feel dizzying and cumbersome. Several major platforms have stepped up to play fundamental roles in helping marketers and people at various levels navigate through the uncertainty and changes we currently face and will continue to face after the pandemic is behind us.

Let’s break down what these efforts look like in action:

FACEBOOK

It’s no secret that as the COVID-19 pandemic expands, we face a circulation of various misinformation campaigns including rumored government decisions and ‘cures.’ Messaging apps are playing a key tool in spreading these amongst users.

In response to this trend, Facebook is spearheading new ways to stem the flow of messaging misinformation. One way it’s addressing this is through its instant messaging platform WhatsApp, which is testing a feature that would allow users to search for additional context on a message they encounter via a Google search prompt in-stream. WhatsApp also introduced a WHO chatbot, offering yet another stream to access critical information paired with a COVID-19 research hub.

Separately, Facebook, on its own platform, has taken numerous steps throughout the past few weeks that include:

  • Embedding informational prompts to relevant search queries to guide users to trustworthy information about COVID-19
  • Expanding access to local alerts so specific communities can stay in touch about what is going on around them
  • Providing free ad credits for organizations looking to deliver critical virus-related information and data tracking tools so users can keep tabs on evolving stories
  • Introducing a new set of learning resources for kids and parents to help them safely navigate the internet in addition to a set of tips for remote workers
  • Allocating over $100 million in funding to small businesses, fact-checkers, and local newsrooms

INSTAGRAM

Instagram is banking on the positive coming out of COVID-19 and an era of social distancing by offering ways to take an otherwise isolating and passive experience and transforming it into one that is more social and active.

Specifically, the platform launched “Co-Watching,” which allows users to on a video chat or group video browse through feed posts either Liked or Saved by an individual, or one that Instagram suggests. The goal is to give users the opportunity to have more meaningful conversations about what they’re encountering, incentivize them to use video calls more regularly, and spend more time in the app.

This release is one of several responses by the part of Instagram, including a dedicated Story spotlighting posts from your network that are using the “Stay Home” sticker and all of their quarantine activities. Additional stickers that have surfaced on the app include ones reminding of proper handwashing and keeping a six-foot distance from others if you have to be outside, and donation stickers so users across the world can give back.

SNAPCHAT

To support its audience in a time of need, Snapchat is stepping up through a diverse set of efforts. The platform rolled out several creative tools so people can creatively share information from the WHO with friends and family including Bitmoji stickers with common-sense health tips and a worldwide AR filter with tips for staying safe. Users can also visit the WHO and CDC’s official accounts for updates and browse custom content from the organizations.

Taking the information-sharing a step further, the platform announced an addition to its “Discover” tab: “Coronavirus: The Latest,” where access to high-quality news and information can be easily accessed. More generally, Snapchat is working with over three dozen content partners to provide reliable information.

COVID-19 also prompted Snapchat to speed up the debut of its “Here for You” feature, which went live in February and appears when a user conducts searches for topics related to anxiety, depression, stress, grief, suicidal thoughts, and bullying. A new section was added to incorporate content from the Ad Council, CDC, Crisis Text Line and WHO on anxiety related to the coronavirus.

TIKTOK

TikTok is using COVID-19 to identify meaningful opportunities to emphasize its growth and demonstrate its ability to serve as a connective tool for its community. In this vein, it announced a content partnership with the WHO. As part of the collaboration, the platform unveiled a comprehensive COVID-19 resource hub that can be accessed through the “Discover” tab in the app. It also appears amongst the top results when someone enters search criteria pertaining to the virus.

Additionally, on the dedicated page with videos related to the subject, the platform is adding links to serve as a reminder to only rely on credible sources for trustworthy information. The WHO is also using its own verified TikTok account to engage with younger audiences.

Beyond content, TikTok is supporting the WHO financially by donating $10 million to its Solidarity Response Fund used to help get supplies to those on the frontline. “In this time of global distress and concern about the impact of Covid-19, we’ve been inspired by people in towns and cities everywhere whose fundamental humanity is shining through when we need it most,” shared TikTok President Alex Zhu.

TWITTER

During the first month COVID-19 emerged, more than 15 million tweets were sent across Twitter mentioning the virus. The platform has since acted swiftly in ensuring fact-checked and authoritative content was discoverable above the noise and false claims by reawakening its profile verification.

Twitter is also increasing its use of machine learning and automation to take a wide range of actions on “potentially abusive and manipulative content.” This includes detecting spread of false stats and other information, accounts being used to deny or advise against following official advice and promoting treatments or cures that have not been proven. At the same time, the company is being careful to strike an appropriate balance between applying AI as a tool and the role of the human review in these special cases.

BuzzFeed News recently reported that the news media could see an impact “worse than the 2008 financial crisis, which saw newspapers experience a 19 percent decline in revenue.” To support the sector in the absence of some of the smaller, local companies that fuel these publications, Twitter announced a $1 million funding program to be split between The Committee to Protect Journalists and the International Women’s Media Foundation.

PINTEREST

Pinterest is doubling down on its effort to combat misinformation by removing inaccurate information and guiding its users to authentic insights through custom search results.

When searching for information about COVID-19, users are directed to a curated Pinterest page from the World Health Organization (WHO) detailing timely and useful details around how to protect yourself, friends, and family from getting sick. This includes hand-washing best practices, when to use a nose or face mask, and more.

In a statement to The Verge, Pinterest said the custom search results is a way to “connect Pinners with facts and myth-bust what’s not true with authoritative information from the [World Health Organization].” The platform also urges users and brands to follow the WHO’s account as a frictionless way to stay updated while they post and engage with others.

This approach has resulted in a significantly lower volume of pandemic-tied posts compared to other major platforms and spurred creative ideas from Pinners. Pins are showcasing products like COVID-19 notebooks for journaling about your experience, while a “coronavirus vibes” board is dedicated to ways to relax and use this time to practice self-care.

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The post How Platforms are Helping Brands and Users Navigate COVID-19 appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/03/how-platforms-are-helping-brands-and-users-navigate-covid-19/