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Download Case Study MSN Latino helps insurer reach Hispanic audience
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Case Study MSN Latino helps insurer reach Hispanic audience Challenge: Raising brand awareness among U.S. Hispanic consumers Hispanics are a coveted demographic for insurers. Nearly 50 Million Latinos in the US wield growing buying power and represent an increasingly important consumer segment in a post-recession economy.1 One of the nation’s largest insurers wanted to tap into this valuable audience to drive brand growth. However, it faced fierce competition from other insurance companies, all aggressively vying for the attention of this key demographic. With the Hispanic internet audience growing fast and outpacing the general online population in the U.S. by 50%,2 the insurance company wanted a partner that could drive a creative, digital campaign that would rise above the marketing noise and resonate with Hispanics. The insurer turned to Microsoft Advertising to help connect its brand with this growing community in a space where they actively consume information and engage with friends and family. Solution: Educating Hispanics with relevant, expert content To meet the advertiser’s goals, Microsoft Advertising launched a Spanish-language website on MSN Latino. Dubbed “Creando un Futuro Brillante” (Creating a Bright Future) and hosted by well-known Hispanic personal finance columnist Elianne Gonzalez, the MSN Latino site offers Spanish-speaking consumers an opportunity to ask specific questions about personal finances, as well as provides expert articles on personal finance topics. Latinos represent an increasingly important consumer segment for marketers. In the US, over 50 million Latinos wield buying power that has grown into the trillions. 1. Latino Consumers: Demographic Patterns and Spending Trends among Hispanic Americans, 8th Edition. 2. comScore, Cited from press release, U.S. Hispanic Internet Audience Growth Outpaces Total U.S. Online Population by 50 Percent, April 16, 2009. Serving as a resource where Hispanics can educate themselves on the options and benefits of insurance coverage, the interactive website also offers tips for saving money, financial tools, community discussions, videos, news coverage, and other authoritative content. A Facebook “Like” button allows visitors to share the content with their friends, extending the reach of the campaign. Once consumers are armed with the information they need, the MSN Latino site has additional tools that enable them to take the next step towards a purchase, such as comparing coverage and costs, connecting with local agents in their area or assisting with securing appropriate coverage. Results: Increasing brand awareness drives insurance purchases The MSN Latino site attracted a prime audience through rich and engaging content, enabling the insurance advertiser to increase online brand exposure and cultivate connections that drove insurance purchases. Exposing users to the MSN Latino campaign was effective in increasing key brand metrics for the insurance company. +200% unaided brand awareness +208% message association +84% brand favorability Conclusion: Increasing brand metrics with engaging content Microsoft Advertising offered the insurer an innovative way to showcase its brand while educating consumers in their dominant language: Spanish. By combining MSN Latino’s reach with relevant, interactive and compelling content, the insurer connected with and engaged Hispanics—and that led to sales. There’s more to the story. Be sure to visit the Microsoft Advertising website or get in touch with a Microsoft Advertising sales rep to learn more about how our team can help you meet your online marketing goals. Methodology Microsoft Advertising worked with IPSOS OTX to implement a control/exposed panel study. The Exposed group (n=200) was shown the branded content site and asked to view it as they normally would. The control group (n= 200) was not exposed to a website. +65% brand consideration +65% likelihood to recommend Consumers exposed to the site were 59% more likely to seek more information and 32% more likely to get a quote from the insurance company. This document is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. © 2012 Microsoft Corporation. All rights reserved. Microsoft and MSN are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.