Global Emotional Marketing Service Market Overview:
Emotional Marketing Service is used to provide marketing and advertising efforts that primarily practice human emotion to make a company’s product/service audience notice, remember, share, and buy. It refers to emotional branding within marketing communication that helps people decide with their hearts. According to Nielsen Consumer Neuroscience study, ads with an above-average emotional response from consumers initiated a 23% increase in sales compared to average advertisements. The power of emotional marketing in increasing sales will contribute to the demand for emotional marketing services in the coming years.
Growth Drivers
- Growing Importance of Emotional Analytics
- Adoption of Emotional marketing to Inspires People for Buying Products
Roadblocks
- Time Consuming Process in Analysis Target Consumers
Opportunities
- Increasing Number of Advertising Spending
- Use of Eliciting Specific Emotion for Appealing Audiences
Challenges
- Lack of Investment by Local Companies
Competitive Landscape:
The providers of emotional marketing service market continue to focus on innovation and technological advancements in the service offering. The key players are investing heavily in research & development to enhance the service quality to promote any brand marketing.
Some of the key players profiled in the report are Amplio Digital (United States), SmartBug Media, Inc. (United States), Direct Online Marketing (United States), FountainheadME (United States), SmartSites (United States), SensisMarketing (United States), ThriveHive (United States) and LeadMD (United States). Considering Market by Service Type, the sub-segment i.e. Professional will boost the Emotional Marketing Service market. Considering Market by End User, the sub-segment i.e. Enterprises will boost the Emotional Marketing Service market.
What Can be Explored with the Emotional Marketing Service Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Emotional Marketing Service Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Emotional Marketing Service
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Emotional Marketing Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Emotional Marketing Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Emotional Marketing Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.