This article is part of a larger series that focuses on diversity and equity in marketing. As a company, we are committed to identifying actions we can take in the fight against racism and injustice, and elevating BBIPOC voices is paramount to inspiring change. Follow along and read other posts in this series here.
This post is authored by Hava Billen, Classroom Educator for Selligent Marketing Cloud.
The first step in a marketing campaign lifecycle is to identify the target group and adapt the offer to match the audience characteristics.
Target group identification has evolved. Lately, technology has enabled marketers to collect tremendous amount of customer data. Thanks to marketing automation platforms, customer behavior tracking and analytics tools, and customer data platforms, marketers have access to a 360-degree view of the customer.
Collectively, big data, combined with new methodologies for data processing and analysis, has enabled marketers to deploy new models for audience segmentation with predictive capabilities based on artificial intelligence (AI) algorithms.
This AI goes as far as predicting future consumer purchase behaviors, thanks to browser cookies, mobile geo-location positioning, online browsing history, social media sharing, brand likes, and online shopping experiences.
The hyper-personalization concept, in essence, provides an opportunity for marketers to deliver real-time, anywhere-anytime content and customer experience at an individual level.
Marketers today know way more about customer identities, lifestyles, behaviors, habits, and preferences than customers know about themselves.
Yet research by the Geena Davis Institute on Gender in Media found that 54% of consumers surveyed do not feel culturally represented in online advertising. And 71% of consumers expect brands to promote diversity and inclusion in their online advertising.
The analysis shows that there are still big issues around representation of what are called “minority” groups:
These numbers clearly tell us that there is an enormous opportunity for marketers to tap into. In an automated world, get human – and let your target groups identify themselves with your brand efforts.
Today more than ever, the case is compelling! It is evident that online campaigns that have more diverse representation have a higher recall rate: 90% of ads that featured a diversity strategy experienced higher recall rate.
Firstly, what is Diversity, Equity, and Inclusion (DEI)?
Diversity ensures that a marketer invites everyone to the party. In other words, the message and offer are designed for a diverse target group.
Equity in marketing terms can be interpretated as being fair to your audience. This fairness can be manifested via delivering your offer on diverse channels so that everyone has the same chance at that offer. This part of the DEI concept is relative innate for marketers; however, there are still some gaps to be addressed (e.g., an elderly person who is not on Instagram or TikTok may never have the opportunity to learn more about the trendy Gen Z-focused offers on healthy food, yoga retreats, or online shopping experiences.)
Inclusion enables that everyone has the same chance for consuming an offer. A visually impaired person can read the offer; a person with hearing loss can understand what you communicate in your videos; a gay couple can relate to your “romantic couple weekend away” banner; a person who practices a different religion does not feel insulted by your assumption that Easter is a celebration for everyone.
Let’s continue with some fact checking. In the summer of 2019, The Female Quotient partnered with Google and Ipsos and surveyed more than 3,000 consumers in the US from various backgrounds to get insights about brand perception, based on their advertising and marketing diversity and inclusion efforts. At a high level, the outcome was:
Creating a marketing strategy that incorporates diversity, equity, and inclusion practices can bring more loyal customers and expose your brand to a much larger market.
Consider, too, that 70% of consumers expect brands to take a public stand on social and political issues. “Like a Girl,” a 2015 Super Bowl spot for Procter & Gamble’s Always brand, is one that jumps immediately to mind as a good example. Here are some others:
When a brand takes a stand on DEI, it immediately builds a positive brand perception in consumers’ eyes. This links to an increase in brand effectiveness, and significantly lifts purchase intent and loyalty.
Marketing practices that serve diverse audiences are inclusive and enable everyone to have the same chance to consume an offer.
Marketers have great potential to tap into diverse groups of people and match their needs by implementing marketing practices that are diverse, inclusive, and give everyone a fair chance of accessing the offer.
Consumers expect brands to be inclusive and reflect the reality of their lives in advertising.
On an ending note, organizations with inclusive cultures are two times more likely to exceed financial targets, three times as likely to be high performing, six times more likely to be innovative and agile, and eight times more likely to achieve better business outcomes.
Finally, if a marketer wants to serve a diverse market, it must embrace diversity from within. It must walk the talk and sensitize its own company to find new diverse sources of talent to understand customers better and thereby increase sales.
After all, isn’t this how diverse ideas, innovative solutions, and multiple points of view are surfaced?
Juliet Bourke, Which Two Hats Are Better Than One? How Diverse Teams Create Breakthrough Ideas and Make Smarter Decisions (Australian Institute of Company Directors, 2016)
Hava Billen is a Selligent Marketing Cloud classroom trainer, educating companies how to use our intelligent marketing automation platform to better engage with their customers. Hava loves to analyze social behavior and market trends from a consumer and business point of view. She has spent the last 10 years travelling the world, working in multi-lingual, multi-cultural teams. This has allowed her to learn a lot about adapting to changes and intercultural diversity from a work and social perspective.
In her free time, Hava enjoys sports, outdoor activities, exploring new cuisines, wine, art, learning new languages, reading books, listening to podcasts, and laughing with her friends. Probably the weirdest thing she has ever done is to sign up for beginners figure ice skating class with 5-6 year old ladies. “Being on the skate rink with uplifting music is one of the most relaxing activities for me,” she says. “Although when I took ice skating classes with the group of young ladies, I felt really embarrassed falling down and being watched by their parents.” It’s the price to pay when you crave for learning things at an older age.
Like many millennials, Hava cares about the environment and likes to contribute by choosing a vegetarian and vegan lifestyle 90% of her time. She also likes exploring brands that are eco-friendly and sustainable. She also occasionally engages in social causes such as protection of children with vulnerable backgrounds, especially in her home country of Bulgaria.
Visit this page to see more in the series, or check back in a week for our next guest post.
CM Group is a family of global marketing technology brands including Campaign Monitor, CM Commerce, Delivra, Emma, Liveclicker, Sailthru and Vuture. By joining together these leading brands, CM Group offers a variety of world-class solutions that can be used by marketers at any level. Headquartered in Nashville, TN, CM Group has United States offices in Indianapolis, Los Angeles, New York City, Pittsburgh and San Francisco, and global offices in Australia, London, New Zealand and Uruguay.