Thomas from Ariyh - 🎓 Cats and dogs increase sales
🎓 Cats and dogs increase salesDogs make people more attracted to products focused on gains (e.g. fun experiences, risky gambles, meeting new people). Cats increase sales of products that avoid losses (e.g. safety, health).New to Ariyh? Join 9,688 evidence-based marketers for 3min practical insights 💡 from scientific research 🎓 to get better marketing results 📈 Today’s insight is brought to you by… Mention Want to know about other marketers’ budgets, strategies, content marketing, and social media marketing? Mention surveyed 877 marketing managers so you can easily benchmark yourself. For example, 60% of marketing budgets increased from last year (68% in B2B) and digital channels used in B2C vs B2B are surprisingly similar. Download the report at no cost to browse 66 charts of data and analysis. Want to sponsor Ariyh? Here’s all you need to know. 📝 Intro48% of households in the US own at least one dog. 37% own at least one cat (American Pet Products Association, 2018). Of course, they will buy different pet-related products. But what about other products - that have nothing to do with pets? Does which pet people have influence what they buy? And what happens if you show a cat in an ad about travel insurance, or a dog in a video for an amusement park? A new clever study found that things get very interesting. Previous insight: People watch high energy ads more (100+ more insights here) Show cats or dogs in your ads depending on the purpose of your productChannels: Ads | Marketing communications 📈 RecommendationIf your product is focused on what a person can gain (e.g. a car that’s exciting to drive, a toothpaste that whitens teeth, a fun and social restaurant) feature dogs in your ads and try to target dog owners. If your product is focused on avoiding losses (e.g. a very safe car, a toothpaste that prevents cavities, a health-focused restaurant) feature cats in your ads and try to target cat owners. People will like your product more and be more likely to buy it. 🎓 Findings
New here? Subscribe for the latest marketing research 💡 from top business schools 🎓 in 3min practical insights 📈 🧠 Why it works
✋ Limitations
🏢 Companies using this
⚡ Steps to implement
🔍 Study typeLab and online experiments and market observation (analysis of Google search terms and COVID-19 infection rates in US States with prevalent dog or cat ownership) 📖 ResearchThe Pet Exposure Effect: Exploring the Differential Impact of Dogs Versus Cats on Consumer Mindsets. Journal of Marketing (March 2022). 🏫 Researchers
Remember: This is a new scientific discovery. In the future it will probably be better understood and could even be proven wrong (that’s how science works). It may also not be generalizable to your situation. If it’s a risky change, always test it on a small scale before rolling it out widely. Rate today’s insight to help me make Ariyh's next insights 🎓 even more useful 📈 How was today’s insight?
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🎓 People watch high energy ads more
Tuesday, April 26, 2022
An analysis of views of 27000 TV ads from 3200 brands found a strong correlation between ad energy and the probability of viewing it.
🎓 Reply to all reviews
Tuesday, April 19, 2022
When hotels started to consistently respond to reviews on TripAdvisor, they received 12% more reviews and their star ratings increased 0.12.
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Tuesday, April 12, 2022
Privacy policy notices hurt trust - instead of increasing it - when they are excessively formal and legal-sounding. Lower trust reduces sales.
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People are more attracted to offers that seem to be given to them by mistake. Business news fans were 149% more likely to take an offer for The Economist if it wasn't meant for them.
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