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[ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

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Page 1: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips
Page 2: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips
Page 3: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

•  Founded in 1999 •  Family owned and operated

•  Headquarters in thousand oaks, ca •  13,000 active products on e-commerce

•  100% in-house sales and order fulfillment •  Motocross race team founded in 2006

About bto sports

Page 4: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips
Page 5: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

•  Publically traded technology platform

•  Facilitate safe online/mobile transaction for teens

•  Youth targeted co-marketing platform

•  Frictionless transactions

•  1.2+ Million users

About oink

Page 6: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips
Page 7: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

•  Headquartered in San carlos, CA

•  Industry leading platform for social ambassadors and social content

•  Patented technology

•  Recent awards: Global 250 Top Private company, Founders institute Graduate award most innovative

About readypulse

Page 8: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Follow the conversation on twitter

Page 9: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Questions?

Page 10: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

What do you need to know about teen

consumers?

Page 11: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

35.6 Million U.S. teens represent over

$200 Billion of annual spending Power. They spend their time online on mobile devices, sharing interest with friends, and have their own unique spending and saving habits.  

The Purchase Power of Teenage Consumers

* Marketingvox, Rand Youth Poll, Seventeen, Packaged Facts!

Page 12: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

u.s. e-commerce sales

* Forrester Research!

Page 13: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

E-commerce sales trajectory

According to Forrester Inc., Online consumers will increase

their spending 62% by 2016

Page 14: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

U.s. m-commerce sales

B

B B

B

B

B

* eMarketer!

Page 15: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Tablet user growth by age

* Monetate!

Page 16: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer online

95% of teens are online * Pew Research!

Page 17: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer online

75% of teens access the internet from

mobile devices * Pew Research!

Page 18: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer online

8-18 year olds spend 10 hours and 45 minutes

everyday online * Edudemic!

Page 19: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer online

25% of teens log into

social media 10+ times everyday

* Edudemic!

Page 20: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

What social networks are hot with teen

consumers?

Page 21: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

*The Atlantic 6/19/14!*The Atlantic 6/19/14!

Page 22: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

*The Atlantic 6/19/14!

Page 23: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

where do teen consumers shop?

Page 24: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer on e-commerce

79% of females &

76% of males shop online * Statista!

Page 25: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer on e-commerce

70% of teens prefer to shop at their favorite

stores online * Piper Jaffray Companies!

Page 26: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer on e-commerce

50% of youth prefer to shop exclusively online

* Piper Jaffray Companies!

Page 27: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

how do teen consumers spend?

Page 28: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer spending

Average allowance yearly is $780

* The American Institute of CPAs!

Page 29: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Your teen consumer spending

78% of teens have more

than $50 in monthly purchasing power

* Piper Jaffray Companies!

Page 30: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

41% of girls ages

13 – 18 bought 10+ items of clothing in the past

6 months *Marketingvox, Rand Youth Poll, Seventeen, Packaged Facts !

Page 31: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

So, what’s the problem?

Page 32: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

The problem

•  Teenager’s have currency in the form of cash, not card

•  PayPal users must be 18+ years old

•  Must be employed and over 21 years old to get a credit card

•  Collecting a minor’s information is a huge legal risk

•  Sharing, using social content, disclosures under 13

Page 33: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

$11.8 B was reported in friendly

fraud, 1 in 4 merchants experience friendly fraud

* 2013 Lexis Nexis “True Cost of Fraud” Study & Stores Magazine September 2013 “Dealing with Friendly Fraud!

Page 34: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Parents just don’t understand

• Teens want independence

• Teens want to be cool – and buy cool things

• Teens are socially connected at all times

• Teens are tech savvy

Page 35: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Only 50% of parents have installed

parental controls For their kids online

interactions, but 72% worry that their kids

will reveal too much online. * Edudemic!

Page 36: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Children’s online privacy protection rule (COPPA)

COPPA imposes certain requirements on operators of

websites or online services directed to children under 13

years of age, and on operators of other websites or online

services that have actual knowledge that they are

collecting personal information online from a child under

13 years of age. * FTC!

Page 37: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

What challenges does Bto sports face selling

to teen consumers?

Page 38: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

How does Bto sports market and sell to teen consumers responsibly?

Page 39: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

BTO SPORTS #BETHEONE

•  On-going social promotion to collect content

•  Customers give permission to use photos/videos

•  Customers can associate e-commerce products to their content

•  Display on product pages to drive sales

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Page 42: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Readypulse + oink

Parents maintain control,

teens don’t loose their cool,

retailers increase their revenue

Page 43: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Readypulse + oink: Market

• High-quality, product relevant, authorized ugc

• Compliant with ftc regulations

• Display ugc with full disclosures

• Brand ambassador program

Page 44: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Readypulse + oink: Market

•  E-commerce home page

•  Product pages

•  Category pages

•  Landing pages

•  E-mail

•  social

Display social proof on-demand

And @Scale

Page 45: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Readypulse + oink: Market

Readypulse demo

Page 46: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Readypulse + oink: sell

•  Parent creates account

•  Parent sets restrictions

•  Parent monitors spending •  Teen can purchase on

e-commerce

•  Teen is empowered to make decisions

 

•  Teen can learn budget habits

 

Page 47: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Readypulse + oink: sell

• Merchants can increase monetization and conversions

•  Reduces payment friction for merchants

•  Reduces fraud for merchants

•  Reduces risk for merchants

•  Enables brands to directly engage with young consumers

Page 48: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Readypulse + oink: sell

Oink demo

Page 49: [ReadyPulse Webinar] How to Target Your Teen Consumer: Responsible Digital Marketing Tips

Thanks for attending!

If you have any questions contact readypulse:

[email protected]

Readypulse.com

@readypulse