Majority of Marketers Aren't Targeting Multilingual Audiences Leading to Missed Growth Opportunities Worldwide
Smartling Survey Reveals Approximately Half of Marketers Allocate No Budget for Multilingual Content Translation
Smartling Survey Reveals Approximately Half of Marketers Allocate No Budget for Multilingual Content Translation
NEW YORK, Nov. 3, 2015 /PRNewswire/ -- Smartling today released the results of a study that exposes the current state of multilingual marketing. The translation management software company polled more than 150 marketers at INBOUND 2015 to learn where their organizations stand in terms of targeting prospects and customers who don't speak English as their native language – both in and outside of the U.S. Given the global nature of e-commerce and the tremendous revenue opportunities it represents, the results are surprising.
Key findings of the survey revealed:
Content is king – but the multilingual marketing coffers are empty
Every savvy marketer knows that personalized content and messaging are crucial to engaging prospects and customers, yet a low percentage of the marketers surveyed are dedicating any dollars to campaigns tailored for multilingual audiences.
"Brands that want to resonate with consumers all over the world need to do more than just 'think' globally. They need to dedicate budget and resources to a truly global approach to their marketing efforts," said Judd Marcello, vice president of marketing at Smartling.
Brands are walling themselves in – not taking international expansion seriously
Smartling's research also exposed the fact that few organizations surveyed are conducting business outside of U.S. borders today, despite the fact that 13 languages together cover 90 percent of today's online spending power. Those who do serve overseas markets are not focused on creating native brand experiences for prospects and customers.
Organizations are putting the "mass" in mass communication – not making it personal
It's widely acknowledged that no one size fits all – especially in marketing. Yet, despite that fact, marketers are still limiting their content strategies to one language and are predominantly applying only one translation/localization practice.
Marcello added, "Translation is the most fundamental step in personalization. However, traditional language translation practices are often disruptive to the business process, and that deters a lot of marketers. Many see only two distinct approaches – human translation services and machine translation. It's time to challenge conventional wisdom if brands want to effectively engage customers in a personalized way on a global scale. Multilingual content management software is absolutely essential to doing just that. It combines the essential human element with innovative technology to give brands the ability to easily add languages, reach new markets and ensure native experiences across all their touchpoints."
To view an infographic on the survey results, please go to: https://resources.smartling.com/i/592974-the-state-of-multilingual-marketing.
About Smartling
Smartling uses technology to transform the way content is created and consumed around the world. Smartling's Global Fluency Platform helps brands access new markets, more customers and greater value. The Global Fluency Platform enables ambitious brands to achieve a more dominant global position. Smartling enables brands such as British Airways, InterContinental Hotels Group, Uber, AdRoll, Shinola, Spotify, Pinterest, Hasbro and SurveyMonkey to provide truly native brand experiences. Smartling is headquartered in NYC with over 100 employees. For more information, visit www.smartling.com.
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Davies Murphy Group
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SOURCE Smartling
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