Wednesday, December 26, 2018
Wednesday, December 19, 2018
Black Millennial turnout declined in 2016. Are the Russians and Instagram to blame?
In 2016, voter turnout
for Millennials (ages 20-35 in 2016) increased by 4.4% from 46.4% to
50.8%. But Black Millennial turnout
declined by 4.4% from 55% in 2012 to 50.6% in 2018. (Krogstad & Lopez,
2017)
This week two reports
commissioned by the Senate Intelligence Committee to look into Russian
interference in the 2016 election noted that in fact more fraudulent activity
took place on Instagram than Facebook. Specifically there were 187 million
interactions with deceptive content on Instagram compared with 76.5 million on
Facebook. (WSJ, 2018)
Why does this
matter? It matters because 70% of
Instagram users are under the age of 35.
That's 540 million people. Moreover, more Black Americans use Instagram
(43%) than their Hispanic (38%) and White peers(32% ). (Worthy, 2018)
Hence the great success
of the effort. It's a perfect example of
fishing where the fish are. Kudos to
their media planners.
Krogstad, J. & Lopez,
M. (2017, May 12) Black voter turnout
fell in 2016, even as a record number of Americans cast ballots. pewresearch.org. Retrieved December 19, 2018, from http://www.pewresearch.org/fact-tank/2017/05/12/black-voter-turnout-fell-in-2016-even-as-a-record-number-of-americans-cast-ballots/
Volz, D. (2018, December
17) Russians Took Aim at Black Voters to
Boost Trump, reports to Senate Find. wsj.com
Retrieved December 19, 2018, from
Wednesday, December 12, 2018
The U.S. is multicultural. Deal with it.
Current predictions are that the U.S. will become
“minority white” in 2045. During that year, whites will comprise 49.7 percent
of the population in contrast to 24.6 percent for Hispanics, 13.1 percent for
blacks, 7.9 percent for Asians, and 3.8 percent for multiracial populations. (Frey,
2018)
But even now, in Hawaii, Washington, D.C.,
California, New Mexico and Texas the multicultural population is over 50%. And, soon it will be over 50% in Nevada,
Maryland, Georgia, Arizona, Florida and New York too. While nearly all of the 25 most populated
counties in major cities like Los Angeles, Chicago and Miami have multicultural
majorities today.
Yet, although multicultural segments represent
about 40% of the U.S. population in 2018, 50% - 60% of marketers spend less
than 1% of their ad budgets targeting multicultural audiences. (Woods, 2018)
Talk about a missed opportunity.
Frey, W. (2018, March 14) The U.S. will become 'minority white' in
2045., Census projects. brookings.edu. Retrieved December 11. 2018, from
Wednesday, December 5, 2018
Can meal kits thrive with drugstore distribution?
Meal
kits are in. Sort of. In the U.S. there are now more than 150
meal-kit businesses with estimated sales of $2.2 billion in 2017 (Wilson,
2018).
But,
many of those companies have yet to make a profit, and despite some high
profile IPO's companies are struggling with churn as existing users leave after
the novelty wears off and new ones are becoming increasingly hard to find.
Enter
Kroger and Walgreens. These two brands
who are both suffering from disruptions in their markets are joining forces to
set up meal kit shops within Walgreen stores.
The reason is simple - one stop shopping. Assuming the pilot program goes well, the
intent is for the shop to take up 1/3 of the floor space in the average
Walgreens. Meals will serve two and
pricing will start at $17. The express
recipes will cook in 15 minutes (Forbes,
2018)
As we
have learned, currently the primary driver of profits in drugstores are prescriptions
and companies are eager to expand "front of store" operations to
increase overall profits. Some
hypothesize that meal kits have appeal for beginner cooks and will provide a
point of entry for current non-cooks.
Does
this idea sound like a winner to you?
Will non-cooks be persuaded to give these meals a try? Is changing from a subscription delivery
service to a pick up one likely to attract users? What type and why? And what about you? Have you subscribed to a meal-kit
service? Will you pick one up on your
next trip to the drugstore?
Wilson,
B. (2018, November 30) The Surprising Rewards Of Meal Kits. wsj.com
Retrieved December 5, 2018, from
Forbes,
T. (2018, November 5) Kroger Setting Up
Shops Within 13 Walgreens, Launches Meal Kits Offering. mediapost.com. Retrieved November 5, 2018, from
https://www.mediapost.com/publications/article/328880/kroger-setting-up-shops-within-13-walgreens-launc.html?edition=111985
Subscribe to:
Posts (Atom)