Updated: 10 hours ago
Ever wondered where all your money vanished to during the festive seasons? It’s no Bermuda triangle mystery - in fact, you were more than happy to indulge in these guilty pleasures because of the tactics marketers used to tug with your heartstrings. Read on to find out how it’s done so that you’ll become 1) an opportunistic marketer and 2) a savvy shopper.
As 2020 came to a close, life is returning to the malls and streets with the all-too-familiar decorations, jingles and festival merchandise.
We are slowly getting back to some semblance of normalcy in our island city-state (while still masked up and staying socially distant, of course).
Festivities such as Valentine’s Day and Lunar New Year give us opportunities to commemorate long-standing practices and traditions. More importantly, to spend time and recharge with our loved ones.
For avid shoppers, they are also the best times to snag exclusive festive deals.
Some companies can even create a new occasion altogether just to propagate their sales agenda. We've all but too familiar with birthday sales from Zalora to Pomelo, and even Lazada and Shopee.
From 1.1 Sales to 2.2 Sales, all the way to 12.12 sales, we wonder if there's ever an end to this.
Over the years, consumers are becoming more tech-savvy. We learn about festive limited edition through a phenomenon known as ‘festive digital marketing’. Companies cleverly peg their product or service to a certain festival and pump in crazy advertisement spending. This ensures that the deals that we’ve been thinking about will persistently surface during our daily scroll on our social media platforms.
Yet, festive digital marketing is not just about employing aggressive tactics that bombard a consumer across all fronts. Therein lies a deeper level of sophistication that taps into the psyche of consumers. This could look like the delicate crafting of messages that speaks to them on an emotional level during the festive hoo-ha.
In this article, we will break down the magic behind why festive digital marketing works through the lens of tactics employed by marketers during Lunar New Year in Singapore.
Let's break it down: What is festive digital marketing?
You might have come across an exponential increase of promotional posts through your routine scroll on Instagram, or even receive huge promotional discounts on newsletters in your email especially when it's close to a festive season. That's the 'Digital' bit in Festive Digital Marketing.
Festive Marketing is the capitalisation of a festive season as an opportunity to market a company’s product or services. This is done through weaving in cultural elements and traditions directly into a company’s marketing efforts.
Businesses worldwide (including Singapore) love festive marketing. Aside from boosting company revenue, they are able to bring awareness to their brand through elevating consumers’ experiences with the product or service. They do so by relating with their consumers’ emotions and reinforcing their brand name as a way to replicate the desired feeling associated with the festive occasion.
Take for example Disney UK’s From Our Family To Yours campaign launched in Christmas 2020. The short 3-minute animation tells the story of a relationship between a grandmother and granddaughter through their yearly ritual of making star lanterns every Christmas. Their bond is centered around a Mickey Mouse soft toy, which has been a consistent figure in the early years and even into adulthood of both the protagonist and her granddaughter. In doing so, Disney UK is associating its brand mascot, the Mickey Mouse, as a symbol of enduring kinship that stands the test of time and transcends generations. This cements their brand message as “the happiest place on earth” to build lasting familial bonds.
Another successful example of festive marketing was Burger King New York’s partnership with Warner Bros. Valentine’s Day 2020 campaign. Burger King timed the release of DC’s new film Birds of Prey (And the Fantabulous Emancipation of One Harley Quinn) with an exclusive burger line-up. The twist comes in the release of flame-grilled Whopper burgers promoting Anti-Valentine’s day true to the protagonist Harley Quinn’s psychotic nature. Customers can bring a printed photo of their ex, letters or even stuffed animals to selected Burger King restaurants to be exchanged for a Whopper. Burger King is able to put a playful and unconventional spin to their Valentine’s Day campaign by capitalising on the emotions of bitter lovers.
Do they work?
Despite the pandemic, nearly four in five (78%) of consumers in Singapore are expected to shop for the holidays according to a 2020 Visa Back to Business Study. A survey conducted by Nielson US to study the intentions behind holiday gift spending intentions found that consumers are discerning when spending. This means even though consumer confidence is not shaken, they are expecting to take full advantage of flash deals, steep discounts or limited offers that they deem worthy.
Around the Christmas season period in December 2020, some brick-and-mortar stores such as BHG and Harvey Norman and e-commerce platforms saw double-digit growth in sales. Some customers were even willing to travel to the store just to shop during the festive sales for the aggressive discounts. Many items that were previously priced as ‘expensive’ were now sold at a cheaper price, driving many to make full use of the offers and promotions.
The annual Single’s Day or better known as the ‘11.11’ sales was popularised by Alibaba after they picked up the trend of men celebrating their singlehood across China’s college campuses in the 1990s. It was formally launched on 11 November 2009, becoming a holiday celebrated by unmarried people encouraged to treat themselves with gifts. Since then, it has spread to the likes of all kinds of individuals and became the biggest online shopping day, winning over the Black Friday and Cyber Monday sales combined. In 2019, Singles Day saw a Gross Merchandise Value (GMV) of $38.3 billion in 2019 for Alibaba’s ecommerce platform, a shocking increase of 26% in 2018’s sales and making them one of the world’s biggest eCommerce players.
So, how do companies make full use of the Lunar New Year calendar?
Traditionally, Lunar New Year lasts for 15 days, with each day tied to a unique cultural significance. Due to the recent pandemic, these practices had to be improvised. Companies made full use of the celebratory period to push their marketing agendas. Common tactics could look something like extending their sales period, increasing the time frame for the ‘offer’ deals or even clearing their limited edition stocks that are sold exclusively for the season.
The History of Lunar New Year Marketing in Singapore
We’re all familiar with the Lunar New Year advertisements - common visuals that come to mind include generous splashes of red to symbolise prosperity and the coming together and celebration of a family unit.
Back in the days, many companies opted to promote their products and services directly (and even hard selling) through product placements in festive family films. Take a look at the numerous brand insertions in ‘Ah Boys to Men franchise’, blatantly weaving in the likes of StarHub, Toast Box Coffee, Bee Cheng Hiang into the storyline.
Another famous festive movie that slots in a great deal of Bee Cheng Hiang product placement is ‘I Not Stupid Too’. You might be able to catch a full advertisement moment in the movie, with the characters lamenting how delicious the product is and going as far as showing pools of people are eager to make their purchase!
With the advent of technology, many companies have since switched to predominantly online promotions of their products and services. It’s no surprise, afterall, social media marketing provides a more personalised and efficient approach to reach the desired target audience. What’s more, it’s definitely much cheaper than buying a segment on the TV airtime.
Besides the mode of reaching out to consumers, marketers are also becoming smarter in understanding consumer behaviour. Product placements these days are a lot more muted and subtle, showing a product or service’s uniqueness more than saying them out blatantly. Marketers are also able to think about how to tap into consumer emotions they can best exploit in order to reap the best sales outcomes.
Why does festive marketing work?
1. Selling an experience rather than the product
Festive marketing maximises the emotions elicited to motivate consumers to be involved in a purchase. This means that consumers are able to relate to similar emotions felt from personal experiences through purchasing or gifting festive products or services. Lunar New Year is a celebration of prosperity ushering the new year. Auspicious symbols in the form of red colours and characters such ‘吉’ (pronounced as ‘jí’) are plastered all over households as a sign of good fortune and luck. Different zodiacs in the Lunar calendar also have different projections that reflect how the year would be like for them in terms of wealth, health and relationships.
This is central to jewellery retailer Pandora’s Lunar New Year marketing promotion. Pandora has integrated cultural symbols directly into their product through the creation of zodiac animal and Chinese character charms. This establishes a direct link between their products and the festive ambience tied to Lunar New Year: Prosperity. In doing so, Pandora’s products take it further than a typical decorative accessory. They are also associated with symbols for luck, happiness or even wealth.
2. Selling exclusivity and urgency
Pandora’s Lunar New Year collection also touches on the concept of exclusivity. A limited edition collection can increase the emotional and psychological value behind it, creating more meaning tied to the product. Especially for the loyal customers, these one-of-a-kind limited edition products fly off the shelves almost immediately as it brings something new to the table. Collectors invest a great deal of money and effort in their search for collectible items. In return, they derive genuine joy from collecting them.
Festive deals also carry the concept of ‘spend to save more’. We “save” cost by spending during the festive season that usually brings in many discounts. This could also be in the form of “buy one, get one free” (BOGO) deals that exploit the consumers’ “kiasu mentality” and encourage them to spend as products are usually sold at a higher price compared to non-festive occasions.