Tag Archives: global marketing

Facebook Year in Review – 2018!

There has been increasing criticism of the use of social media, particularly in politics, but nonetheless, social media also helped recognize and promote positive events as well.

One of the best things about the end of the year is the opportunity it gives us to reflect on the past, while we prepare for the year ahead. In the spirit of reflection, Facebook released its summary of the world’s top moments and events that generated the most buzz in 2019.

Among the top news and issues of 2018:

  • International Women’s Day – generated a wide-ranging discussion about issues, causes, and topics that impact women around the globe.
  • March for Our Lives – spear-headed by survivors of the Parkland, Florida school shooting generated action around the world, with more than 1 million people interested and more than $2.5 million raised through Facebook fundraisers.
  • Political engagement – the U.S. Midterm Elections and the Brazilian Presidential election were topics of intense focus and conversation about politics and voting around the world.
  • Sports – The World Cup engaged 383 million soccer fans and Super Bowl 52 engaged another 62 million people.

The top moments of were measured by how frequently a topic was mentioned in a single day on Facebook made between January 1 and November 11, 2018.

Which national and global events did you follow and share last year?

Group Activities and Discussion Questions:

  1. Discuss the importance of market research. What are sources that can be used? Why is tracking trends important?
  2. Bring up the site and show the video: https://newsroom.fb.com/news/2018/12/facebooks-2018-year-in-review/
  3. Divide students into teams and have each team examine a different Facebook topic.
  4. What are the trends from that topic?
  5. How can these trends be used to develop new products?
  6. Debrief the exercise by listing the ideas from each team.

Source: Neman, S. (6 December 2018). Facebook’s 2019 year in review. Facebook.

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YouTube Rewind for 2018!

No year-end review of social trends in 2018 would be complete without reflecting on the last 12 months, and watching the top trending videos of 2018 on YouTube.

Some of the top trends of 2018 have a short impact on society and trends, but many others have longer-lasting implications for companies and marketers. Among the most popular trends:

  • Fortnite – one of the year’s most popular video games rose to #2 in watch time and views globally.
  • Kylie Jenner revealed her pregnancy and the video became the #1 trending video of the year with more than 75 million views.
  • SpaceX had 2.3 million people who watched its live stream of launching, and landing its rocket.
  • The royal wedding’s live stream generated more than 11 million live views, setting a single day record in 2018.
  • FIFA World Cup was one of the biggest global sporting events and the videos generated more than 300 million hours of watch time.

View these videos and consider the social trends that they started and the implications for marketing. Are these a preview of future trends, or have they already become passé?

What will 2019 hold for marketers?

Group Activities and Discussion Questions:

  1. Discuss YouTube’s appeal to viewers. Poll students: What do they watch, and why?
  2. Show Web site: https://rewind.youtube/
  1. A list of top trending videos in multiple categories can be found at https://rewind.youtube/top-videos.
  2. Assign student teams to one of the categories of videos.
  3. Give each team 5 – 10 minutes to pick out what they consider to be the video that most influenced consumer trends in 2018.
  4. Next, have each team brainstorm on how to expand from the lifecycle of the trend.
  5. Debrief assignment by showing the top video from each category.

Source: YouTube

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Meet Zora, the Robotic Caregiver

Aging is a fact of life. No matter how hard we try to fight it, the years keep adding up and our bodies keep aging. According to MIT’s Age Lab, the world is currently at a historical high of more than 600 million people over the age of 65! By the year 2030, there will be an estimated one billion people over 65, growing to 1.6 billion by 2050.

This growth, while affecting the entire globe, is of primary importance in wealthy countries where spending by and for this age group is in the trillions of dollars. The aging population will also require more caregivers than ever before. But there is a shortage of such people. Creative solutions are needed to address the gap. What can be done?

Meet Zora, the caregiver robot, now a resident of a number of care facilities in France and Australia. Zora can join with care facility residents for activities such as aerobics, singing, playing games, and reading. Although Zora is small in stature, she speaks an impressive 19 languages. And, Zora cares for children as well as adults. Patients develop an emotional attachment to Zora, holding, kissing, and cuddling the robot. More than 1,000 Zora robots have been sold to hospitals and care facilities; pricing is $18,000 per unit.

Of course, Zora is not a substitute for a trained human caregiver or health care worker, but she sure makes people smile!

Group Activities and Discussion Questions:

  1. Discuss the business of robotics. Where is it going? Who will benefit?
  2. Show Zora the robot: http://zorarobotics.be/index.php/en/
  3. Videos can be found at Zora’s YouTube channel: https://www.youtube.com/channel/UCbT8GS9L_IdYvpCeNRd2gVg
  4. Discuss the buying process for organizations. Who would influence the decision-making?
  5. Have students work on the actions taken in each of the five steps.
    1. Problem recognition?
    2. Information search?
    3. Evaluative criteria?
    4. Purchase decision?
    5. Post-purchase behavior?
  6. What are key considerations in each step?

Source: Satariano, A., Peltier, E., & Kostyukov, D. (23 November 2018). Meet Zora, the robot caregiver. New York Times.

 

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