How the Toy Industry is Harnessing the Power of Social Media
The second in an ongoing series of articles on strategic
marketing and communications.
In a recent interview in Toy News Tuesday, industry veteran Arnie
Rubin stated “Beyond the marketplace, we are global by virtue of
the speed in which issues traverse the globe. Between bloggers,
Internet news and other global communication tools, the dissemination of
information – both good news AND bad news – happens at the
speed of light.”
A great example is recent the death of Michael Jackson. Within
hours of the story breaking millions flooded online reading the
news. The LA Times recorded 2.3 million page views in just one
hour – more than many sites have in a month. Twitter
saw its number of Tweets double almost instantly. And market
tracker service Akamai reports that overall internet news traffic
temporarily spiked over 20 percent due to Mr. Jackson’s death.
“Social media sites such as Twitter and Facebook allow us to
spread industry news, trends, and tips on hot products to retailers,
manufacturers, and mommy bloggers more efficiently,” said Jackie
Breyer, editor-in-chief, Toy Book. “While they aren’t a
substitute for our print publication, they allow us to reach a more
diverse audience more quickly when news breaks.”
Social media is the current communications rage, but caution is the
watchword when making technology choices. For example, Twitter
isn’t adored by all. A recent Harvard Business School study
reported that a majority of the micro-blog’s Tweeters (90%)
weren’t Tweeting.
Some recent questions posed by Cara Wood, Editor in Chief of DMNews
are good guidelines for companies and marketers to ask themselves.
“Isn’t an engaging, attention-getting fun medium the point?
Doesn’t every good marketer seek to interrupt consumers in order
to change their behavior? Wood’s personal response was yes –
and no.
“The most effective shopping experiences I have had are with
mail pieces or Web sites that I’m able to delve into and engage on
a deeper level than 140 characters,” Wood said. “Of
course an interrupting offer or a new product “need”
suggested by a flashy medium may pique interest initially – but
that’s not the environment in which I hand over my credit
card.”
What makes your customers take notice – and what is the best
way to communicate to them – is what companies should
consider.
“Listen first to know who the real audience is before jumping
in so that your conversations are truly relevant and engaging,”
says Sara Rosales, Vice President, Public Relations at Mattel.
Analyzing what is needed by and what will work for your company is an
important part of the strategic communications process. Research
may show that some tools aren’t the perfect fit for a specific
company.
“We’re still in the early exploratory phase of
integrating social media into our overall marketing strategy but believe
it has become critical in increasing brand equity and creating brand
evangelists,” said Harold Chizick, VP, Corporate Communications,
Mega Brands.
MegaBrands has recently launched Facebook Fan Pages for their top two
brands this year and is working on building momentum before the products
launch at retail. They have also been experimenting with Twitter, Flickr
and various video sharing sites, and have made great strides in virally
building brand visibility and buzz. Chizick noted, “Conversations
about our brands are happening online and it’s important for us to
participate in those conversations.”
That’s not to say social media is without influence. A study
last year by Burson-Marsteller showed that 92 percent of
“mom-fluentials” influence the products their family,
friends and colleagues buy.
Mommy blogging began in the mid-1990s. Women began writing blogs to
seek support from other moms or just to journal about their mothering
experiences. It was only a hobby, with no expectations of pay or free
products.
As the Web expanded, the number of mommy bloggers quickly increased
and the quality of the sites improved.
“Mommy bloggers are looking for deals … which is why they
are sharing and connecting,” says one PR pro in the toy
industry.
Today, the most popular mommy bloggers get book deals, thousands of
dollars worth of free merchandise, and six-figure incomes from
advertising.
While there are no hard statistics, BlogHer executives estimate the
number of mommy bloggers to be in the thousands. Not all of the blogs
are well-written or well-read, however.
In recent years, they’ve organized into different umbrella
groups, including Parent Bloggers Network, Chicago Moms Blog and
BlogHer, and represent the modern day “soccer mom”
demographic.
In the past year, though, it’s the retail companies who have
been reaching out most aggressively. Local mommy bloggers can get
anywhere from a few to a few dozen invitations every week to review
children’s books, DVDs, toys, clothes and other kids’
products. Sometimes the items are sent to them unsolicited, and
sometimes it’s stuff that has nothing to do with parenting, like
fiction novels.
“With traditional media dying and moms clearly favoring online
communications, marketing via social media is no longer an option for
toy and children’s entertainment companies, it’s a
necessity,” Stephanie Azzarone, president, Child’s Play
Communications. “In this economy, it’s more critical than
ever to reach moms where they live, which – no doubt about it
– is in the blogosphere.”
According to Azzarone, currently, the five top bloggers interested in
children’s product reviews are 5MinutesforMom, RocksInMyDryer,
CoolMomPicks, Blissfully Domestic and CelebrityBabyBlog.
However, it isn’t a surefire success story. Sending moms free
products or paying them to post positive product reviews can backfire
– both for the companies and the bloggers.
Wal-Mart made a famous faux pas last year with its “Wal-Marting
Across America” campaign. The company selected a couple to drive
around the country, visit all of the Wal-Marts and blog it. The problem
was, Wal-Mart paid them to do it, and once that came to light, no one
wanted to read the blog.
The takeaway for all social media is that the content has to be
authentic and companies have to be prepared for feedback – which
can be good or bad. Only with the proper consideration will
toymakers decide whether to take the risk.
|