Tuesday, January 29, 2019

The top 10 trends for 2019

The trends you need to get ahead in 2019

Another year and another chance to round up the game changing strategies coming in the year ahead. This year we are proud to say our Trending 2019 report received the top score from Forbes, who described it as “jam packed with insights, data and advice for brands.”

One of the reasons Forbes liked it so much, is that the trends update with data in real time, so that you know if movements like the FIRE movement below still have steam. And regional trends show what trends are particularly energised for your audience.

 

New innovations continually populate the online report, exploring examples such as why Neo-Civility means that you shouldn’t be scared of causing outrage among a noisy minority (like Gillette did with the “Best a Man Can Be” campaign, which has not yet impacted sales, but got everyone talking). If that’s not for you, read on for an overview of the top strategic trends for 2019 or download a preview here.

 

What’s trending in 2019

 

1. The AI Leap

Increasingly sophisticated AI pushes consumer expectations of tech capabilities, and consumers will expect concierge-like AI assistance in everyday life. The need for control drives adoption as consumers become open to AI support. It is already embedded into innovative hospitality and retail spaces.

 

2. Educator Brands

Brands become empowering advisers and fill knowledge gaps with content. Over half of consumers feel a need to be more knowledgeable. Brands take on this responsibility, expanding the touchpoints they have with their customers and improving post purchase engagement.

 

3. Neo-Civility

This trend describes the need for social safety in interactions with others in offence-sensitive, censorious and polarized times. Contrary to popular belief, this isn’t a belief held by a non-woke older consumer – instead it is 2 in 5 of young people who are scared of offending.

 

To discover all the top 10 trends shaping the consumer experience in 2019, and the data and analysis behind the trends, go to the full report. If you are already a client, log in to download the full report with access to all 25 markets. If you are not our client you can still download Trending 2019 report preview which contains detailed analysis of 2 out of 10 trends.

The post The top 10 trends for 2019 appeared first on Foresight Factory.



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Six things introverts and extroverts can learn from each other

The design school of the future is nothing like the one you went to

Travel Megatrends 2019: Premium Mediocre Goes Mainstream

We recently released our annual travel industry trends forecast, Skift Megatrends 2019. Download a copy of our magazine here and look for us to highlight individual trends in the coming days.

When writer Venkatesh Rao coined the term “premium mediocre” in 2017, he probably didn’t realize how well it would end up describing the zeitgeist.

It’s a phrase fit for our sliced-and-diced times where companies are increasingly looking for new ways to sell us average products at luxury prices. It doesn’t matter which part of the sector you look at, airlines, hotels, and tour operators are all trying it.

Premium economy isn’t a new concept in the aviation industry. What is new is the way they have divided up regular old economy. Legacy carriers have copied the likes of Southwest, Ryanair, and most notably Norwegian and introduced new fare classes.

Sometimes they are offering customers an inferior product at the same price. At other times, they are trying to convince us to part with a bit more money for something that looks slightly fancier. It’s marketing 101 redefined for the Instagram generation.

In March 2018, Virgin Atlantic split its economy product into three different segments: economy light, economy classic, and economy delight.

Economy light is a carry-on only fare and is similar to what other transatlantic carriers have done. Economy delight, however, is a different beast. It is trying to convince passengers to part with an extra $127 or so based on a random search for flights between New York and London. And what do they get for that? Mainly, a bit more legroom and priority check-in and boarding.

Get Your Skift Travel Megatrends 2019 Download Here

Rao identifies millennials, especially those on the urban east and west coasts of the U.S., as the prime audience for the premium mediocre phenomenon. Perhaps because this group — and it’s the same in Europe, Asia, and Africa — is acutely aware of its standing in society with a desire bigger than any other generation to be seen in a certain way.

Rao calls them the “rent-over-own, everything-as-a-service class of precarious young professionals auditioning for a shot at the neo-urban American dream.” It is this group of people that companies are targeting with their premium mediocre offerings. You can tell because of the number of hotels now offering avocado toast — or avocado anything — with their breakfasts.

Premium mediocre consumers are aware they are consuming premium mediocre goods, but do so anyway. It is not “clueless, tasteless consumption of mediocrity under the mistaken impression that it is actual luxury consumption,”

Rao argues, rather it is “dressing for the lifestyle you’re supposed to want, in order to hold on to the lifestyle you can actually afford — for now — while trying to engineer a stroke of luck.”

Airlines aren’t the only travel sector tapping into this cultural movement. Tour operator Thomas Cook is consciously going after the millennial market with its new branded hotel product: Cook’s Club, which goes further than avocados by actually talking up its vegan food offering.

It’s the same in the next generation of boutique hostels. As the CEO of Generator, Alastair Thomann, said: “You’re charging 4-star rates and you’re offering a 2-star service, which is what makes it so profitable.” By picking a design-led “luxury” hostel over the nondescript regular, variety consumers are signalling willingness to make a premium mediocre choice.

Boutique hotel pioneer Ian Schrager has long talked about the split within high-end hospitality and this inspired him to launch Public hotels. The concept of luxury-for-all, while not quite the same as premium mediocre, touches on some similar themes.

Rao’s essay, which appeared on the Ribbonfarm longform blog, looks a lot at the consumer responses to premium mediocre but is also worth examining f rom the point of view of marketing departments. Crucially, premium mediocre doesn’t means something is bad — who doesn’t want extra legroom and avocados every day? — it’s just about giving the experience a name.

Would companies have been able to get away with calling something signature, or luxury, when it manifestly wasn’t 10, 20, or 30 years ago? Doubtful.

In 2016, market research company Nielsen analyzed data from more than 30,000 consumers in 63 countries to look at consumer attitudes toward premium, which it defined as “goods that cost at least 20 percent more than average price for the category.”

What it found was that premium demand is truly global. Between 2012 and 2014, the segment grew 21 percent in Southeast Asia and 23 percent over the same period in China.

Nielsen wasn’t looking particularly at the travel sector, but even viewing examples elsewhere it is easy to draw similar conclusions.

“In many cases, successful innovation results from reimagining traditional category definitions,” said Liana Lubel, senior vice president of the Nielsen Innovation Practice. “For example, the dairy category in the U.S. was stagnant but, by redefining the category to include dairy alternatives such as almond milk, brands were able to offer more premium products, and therefore bring new consumers into the category and re-engage lapsed consumers.”

For decades, the most successful brands have been able to redefine their product offering, thus improving profits. But are we facing a backlash?

We live in an age of social anxiety where we signal what we are thinking though our choice of sandwiches — which, if you believe some people, is the reason why millennials can’t afford to buy a house.

It’s easy to forget that premium mediocre isn’t a bad thing, per se, it’s just that eventually consumers are going to wise up.

Download Your Copy of Skift Travel Megatrends 2019

Photo Credit: Premium economy is a phrase fit for our sliced-and-diced times where companies are increasingly looking for new ways to sell us average products at luxury prices. Vanessa Branchi / Skift



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How to Perform a Detailed SERP Analysis to Find Low-Difficulty Keywords

Why Low-Difficulty Keywords Are Worth Your Time

Backlinks are the most influential ranking factor in Google's non-localized algorithm, according to industry experts. I won't deny that there are a lot of other factors that influence rankings, but it's also important that everyone in the SEO industry understand and appreciate the influence backlinks have on rankings.

Especially new businesses, with freshly created websites, need to understand this concept: Backlinks are a prerequisite to ranking. That doesn't mean you need to be obsessed with building links, and you should never automate your link-building in any way.

Rather, instead of resorting to shady link building tactics, you need to identify low-difficulty keyword opportunities is a way to find the search result pages you can realistically compete for with your current backlink profile.

If you're struggling to drive traffic through search engines because your high-quality content is ending up on the third or fourth page of Google search results, this guide will show you how to identify the keywords you could be ranking for right now without building masses of backlinks.

Start by Gathering a List of Prospective Keywords

You're going to need a pretty massive list of keywords for this tactic—at least 100 keywords. Using the Google Keyword Planner, plug in the topics you want to explore.

I usually start broad and then narrow my search down using related topics that pop up during this process. For example, if I have a client in the industrial coatings industry, I'll start by entering the phrase "industrial coatings" into the planner and seeing what it spits out.

From there you can export the keyword list into Excel and start trimming the list down. I usually start by filtering out all of the keywords with over 1,000 searches a month: We're looking for the low-hanging fruit, and typically keywords searched over 1000 times a month will be too competitive to rank for without additional link-building and content promotion.

The keywords with lower search volume (between 50 and 200 monthly searches) are opportunities ripe for the picking. They are often terms your competitors are completely ignoring.

As you're going through this list, look for subtopics that would be worth creating content around. Subtopics in our example, the industrial coatings industry, might include things like fireproof coatings, fluoropolymer coatings, and zinc primers. Once you've identified your subtopics, plug them into Keyword Planner for a whole new list of ideas. Subtopic lists usually contain keywords with even lower difficulty than your original list, because the keywords are more specific.

To understand why subtopics contain great opportunities, look at the difference in the number of webpages in Google's index mentioning industrial coatings vs. those mentioning fluoropolymer coatings.

I'd be competing against 10 times as many webpages if I were to pursue "industrial coatings" over "fluoropolymer coatings." Of course, that is only a surface-level, anecdotal example, but it illustrates the importance of exploring niche keywords within your industry.

Once you have your list of at least 100 keywords, it's time to analyze them using Term Explorer and URL Profiler.

Combining Term Explorer With URL Profiler

Let me preface this section by saying I have no affiliation with these tools: They just happen to be the tools I use to analyze SERPs because I get to pick and choose the data I want. If you have a tool that can gather the top 10 results of Google for keywords at scale, you can substitute it for Term Explorer. And if you have a tool that attributes SEO metrics to URLs, it can replace URL Profiler. Though a tool like Moz's Keyword Explorer can be useful for finding low difficulty keywords, it doesn't provide the level of detail we're trying to achieve.

Fire up Term Explorer, copy-paste your keywords into its Keyword Analyzer, and select your location (the United States is the default).

Start the project and grab a cup of coffee... Term Explorer is now pulling and ordering the URLs off the first page of Google for each keyword, and it usually takes a few minutes to process. Once you have your cup of joe, go into the project and download your CSV.

You'll be greeted with a host of data points for each URL: Number of keyword occurrences, word count, relevancy score, Ahrefs domain backlinks, difficulty score, etc. You could stop here and use Term Explorer's difficult score, but I like to be thorough and incorporate Moz's Domain Authority and Majestic's referring domain metric into this data set.

Trim down the data points you don't care about, and fire up URL Profiler. This software allows you to sync up Moz, Majestic, Ahrefs, SEMrush, and a dozen other SEO tools in order to "profile" each URL. Once you've synced up your link-metric software, you can import the Term Explorer CSV and merge your data set with the new metrics you've chosen.

Combining Term Explorer and URL Profiler allows users to analyze Google's results pages using the metrics they trust the most! The beauty of this keyword research method is that it allows you to choose the metrics that matter to you.

Once you've merged your data, you'll get an even larger spreadsheet that you need to parse through, so I recommend trimming it down. Include metrics that analyze both on-page and off-page factors. Here are the metrics I typically use:

  • Position (in Google)
  • URL
  • Keyword in the title?
  • URL contains keyword?
  • Do headings contain keyword?
  • Number of keyword occurrences
  • Moz Domain Authority
  • Number of Majestic external backlinks pointing to the domain
  • Number of Majestic referring domains pointing to the domain
  • Number of Majestic external backlinks pointing to the URL
  • Number of Majestic referring domains pointing to the URL

Once you have your most meaningful metrics, use conditional formatting to show GREEN when metrics indicate low competition (i.e., low authority, no explicit keyword targeting) and RED when metrics indicate high competition.

Once you've gone through each column and set up your conditional formatting, you'll be left with a colorful document that looks something like this:

Conditional formatting allows you to quickly scan through your Excel sheet and find opportunities—you're literally looking for the weak links that are ranking in Google. Try to find URLs that have lower domain authority than your website, that don't have links pointing to their ranking URL, and that aren't explicitly targeting the keyword you're considering. These will be the URLs that are green across the board.

Another approach is to filter out all the competitors that have greater domain authority than your website. Let's say my client has 70 referring domains and 300 backlinks to their website. I can filter out all the URLs with more referring domains and backlinks, and focus on the competitors that are ranking with similar or lower domain authority.

After all our hard work, we're left with a treasure trove of low-hanging fruit keyword opportunities!

Assuming your website is technically sound (fast pageload speed, good internal linking structure, no penalties, etc.), you'll usually only need one excellent piece of keyword-targeted content to rank for these keywords, no link-building required (although it never hurts).

Final Considerations, Observations, and Thoughts

Think about this method as identifying the weak and irrelevant links Google is ranking and replacing them with your relevant, authoritative content. Of course, you need to be creating well-researched and useful content that Google wants to rank, but that's assumed in this process. If you're trying to rank for fluoropolymer coatings, but not answering a searcher's question about that type of coating or providing them with next steps to purchase or learn more, you're failing to answer the searcher's query and will struggle to rank.

While this method of keyword research works for non-localized (national) results, it doesn't apply to localized search results. Google is going to prioritize location over everything else when trying to answer a query like "industrial coating contractors near me." Local SEO is a whole 'nother beast, so double-check your opportunity keyword SERPs for local companies and the local 3-pack.

Another thing to consider is whether a partial match domain (or partial match company name) with low domain authority is ranking. Though the domain name itself might not be causing the company to rank, it's likely the company has enough keyword-rich anchor text linking back to its website to give it an edge. A company like "Frank's Industrial Coatings" gets an advantage in national organic results because its linked, branded mentions across the Web include the keyword "industrial coatings" in the anchor text.

* * *

This keyword research tactic has been incredibly effective in the industrial and manufacturing space because a lot of industrial companies are ignoring online marketing altogether. But I'm curious how it would hold up in more competitive verticals where SEO is a priority.

For those who experiment with this tactic, please reach out to let me how it worked for you or your client's business.



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