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Countdown to Prime Day
One Week Left Until E-com's Biggest Event
š As Prime Day approaches, we're diving into strategies and trends that can help you maximize your mid-year sales no matter where you sell online. Buckle up!
The Countdown to Prime Day In Onā¦
Prime Day isn't just an Amazon affair; itās a massive opportunity for DTC and e-commerce brands to boost revenues. Retailers worldwide are gearing up for this online shopping bonanza.
šļø TikTok's Bold Challenge to Amazon Prime Day
As Amazon preps for its iconic Prime Day on July 16-17, TikTok is shaking things up with 'Deals For You Days' starting July 9. With live shopping experiences and deals from brands like LāOrĆ©al and Zwilling USA, TikTok is directly challenging Amazon.
Competitors like Etsy are also jumping in. Will Amazon keep its retail crown, or will TikTok and others disrupt the e-commerce game?
š Unlock Prime Day Essentials with Acceler8 Labs Playbook
Prepare for Prime Day with our comprehensive playbook designed to help you navigate the competitive landscape and maximize your sales. This playbook provides a easy to use framework to enhance your performance, focusing on listing optimization, inventory management, and Pay-Per-Click (PPC) strategies you can get started using today. Dive into the Playbook
š¬ Adapting to New Advertising Channels
Discover how Hasbro successfully used Amazon Prime Video ads to engage audiences and enhance campaign results. Learn the importance of adapting your strategies to new channels.
š” Spotlight: Trends Shaping the Second Half of 2024
As we roll into the second half of 2024, itās been a wild ride full of big events and trends. Generative AI is buzzing, the U.S. presidential race is heating up, Taylor Swiftās star power is shining bright, and brands are making the usual mistakes.
Ad Age chatted with 50+ industry insiders and execs to get their take on what trends will shape the rest of the year and what they hope fades away.
We've sifted through their insights to bring you the best tips for DTC and E-Commerce brands looking to make the most of these shifts.
š¤ Generative AI Fatigue
Executives are getting tired of the constant talk about generative AI and its supposed threat to creativity. For DTC brands, this is a golden opportunity to pivot. Instead of jumping on the AI hype, focus on creating authentic, engaging content that connects with your audience. As one executive put it, āFatigue around generative AI is unsurprisingly at an all-time high.ā
š” Tip: Highlight human creativity and personalized customer experiences.
š Investment in Pinterest
Pinterest is on the rise, especially with Gen Z. Itās becoming a hotspot for creativity and positivity, making it perfect for DTC brands to show off their products in a visually appealing way. One executive noted, āPinterest is becoming a force for good amongst Gen Z. Usage is up and driving renewed buzz around the creative platform.ā
š” Tip: Tap into Pinterest marketing to connect with a younger, enthusiastic audience.
šŖ TikTokās Resilience
TikTok keeps innovating and adapting despite regulatory challenges, proving its staying power. Amy Gilbert of Social Element said, āTikTok isnāt going down without a fight. With the launch of their new Instagram competitor photo tool and their continued efforts to bring on new creators and gain public favor, this platform isnāt going to go away quietly.ā
š” Tip: Leverage TikTokās new features and creator partnerships to boost brand awareness and engagement.
š§ AI and Creativity
Even with AI fatigue setting in, thereās still a big opportunity for DTC brands to use AI smartly. Justin Tobin of Gather and Pete Stein of Merkle both stress the importance of having a solid strategy for AI. Tobin said, āItās time we stop grasping at straws and actually ground AI in a proper strategy.ā
š” Tip: Use AI to enhance customer service, personalize marketing efforts, and improve efficiencyānot just to cut costs.
š Sports and Authenticity
The rise of womenās sports and the push for authenticity in marketing are two trends DTC brands can use to their advantage. Sean Reardon of Dentsu Americas highlighted the popularity of womenās sports: āThe correlation between the rise in popularity of womenās sports and female athletes such as Caitlin Clark is undeniable and the Paris Olympics are sure to introduce new (and old) names to the broader cultural zeitgeist.ā
Similarly, Hope Richards of Media+ stressed the need for genuine marketing: āInauthentic marketing, where individuals or companies promote products or causes without genuine belief, has become prevalent and problematic.ā
š” Tip: Align with womenās sports for authenticity and ensure your marketing messages are genuine and resonate with your audience.
As we navigate through the rest of 2024, these insights from industry leaders offer a roadmap for DTC and E-Commerce brands to stay relevant and impactful in an ever-changing landscape.
TL; DR - Embrace authenticity, use technology wisely, and build meaningful connections with your audience to thrive in the months ahead.
š Insider Info: DHL's Consumer Buying Trends Report DECODED
Global shipping leader DHL just dropped some SERIOUS strategic info!
They surveyed 12,000 shoppers across 24 countries to give you the lowdown on whatās shaping the e-commerce landscape in 2024. From delivery options to social media shopping, hereās what you need to know to keep your customers hitting that "buy now" button.
š¤¬ Top Frustrations
High Delivery Costs: A whopping 41% of shoppers abandon their carts due to expensive delivery fees. Consider incorporating these costs into your product pricing to avoid losing sales.
Delivery Times: Long waits turn off 37% of potential buyers. Speed up your shipping to keep them happy.
Returns Fees: European shoppers, especially in Spain, France, and the UK, are most frustrated by having to pay for returns.
š What Shoppers Want
Free Delivery and Returns: The most desired improvements, with 67% and 48% of shoppers respectively indicating these as critical.
Better Product Descriptions: 42% want more detailed information to make informed decisions.
More Customer Reviews and Images: 41% need social proof before purchasing.
š° Payment Preferences
Shoppers are abandoning carts because their preferred payment options aren't available. Make sure to offer a variety of payment methods, including Buy Now, Pay Later, which is gaining popularity, especially in countries like Sweden and Germany.
Social commerce is on the rise, with platforms like TikTok leading the way. In Thailand, 9 out of 10 shoppers have made a purchase via social media. Globally, half of online shoppers have bought something through social platforms.
š Delivery Matters
66% of shoppers say delivery options impact their purchasing decisions. Offering reliable and flexible delivery options can significantly boost your conversion rates. Knowing the delivery provider before purchase is crucial for 65% of global shoppers.
Take Action Today
Incorporate Delivery Costs: Avoid hidden fees that scare off buyers.
Speed Up Delivery: Quick shipping wins customers.
Enhance Product Listings: Clear, detailed descriptions and plenty of reviews can turn browsers into buyers.
Flexible Payment Options: Cater to diverse payment preferences to avoid abandoned carts.
Leverage Social Media: Engage and sell directly on popular platforms.
Want the full report on DHL's latest consumer trends?. Read the Full Report
Weekly Roundup: Major News in Digital Advertising and E-Commerce
Here are the stories you may have missed from this weekās digital marketing news:
Threads Turns One: Meta's Threads celebrates its first anniversary amidst challenges and milestones. Explore Threadsā Journey
Dynamic Social Media KPIs: Essential metrics every marketer should track to gauge success on platforms like Instagram and TikTok. Identify Key Metrics
The Curtain Closes on Redbox: Analyzing the factors behind Redbox's decline and what it signifies for physical media. Read More About Redboxās End
Thatās a wrap for this weekās edition of Ad Insider!
Have a question or a topic youād like us to cover? Drop us a line!
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š¤³ Social Media Influence