Inuvo Drives Brand Awareness for Dairy Board Using IntentKey Proprietary Artificial Intelligence Technology

Rhea-AI Summary

Inuvo, Inc. (NYSE American: INUV) announced a successful marketing campaign leveraging its IntentKey AI technology for a major dairy board. The campaign aimed to boost brand awareness amid declining dairy consumption, which has dropped 40% since 1975. By identifying target audiences, including health-conscious consumers, the IntentKey increased engagement and prompted a rise in dairy recipe interest. Furthermore, 30-40% of consumers are now likely to remain loyal to new brands tried during the pandemic. This campaign's success may lead to further expansions in performance-driven marketing.

Positive

• Successful marketing campaign led to improved engagement with target audiences.
• Increased interest in dairy recipes from consumers.
• Opportunity for expanded marketing into performance-driven packaged goods.

Negative

• Overall milk consumption continues to decline, presenting ongoing challenges for dairy brands.
• Risks associated with the COVID-19 pandemic may affect future marketing effectiveness.

LITTLE ROCK, Ark., July 22, 2020 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence (AI) that serves brands and agencies, today announces how the IntentKey has helped a dairy board drive brand awareness and demand for their dairy products.

According to the USDA, per capita fluid milk consumption has plummeted 40% since 1975. Milk used in meal preparation also continues to decline, a consequence of perceptions associated with healthy lifestyles and a growing selection of dairy alternatives, the latter up 19% in 2019 according to the NPD Group, Inc. These trends led one of the nation’s largest dairy boards to partner with Inuvo to execute a campaign that could help educate, build brand awareness and develop a renewed affinity for dairy products.

The dairy board wanted to reach distinct groups that included dairy enthusiasts, household cooks, and generally audiences looking for a healthy lifestyle balance. The IntentKey AI technology was quickly able to identify these signals and automatically build a look-a-like audience set aligned with the diary board’s objectives. As is typically the case with the IntentKey, certain concepts began to surface among audience members beyond an interest in dairy recipes, including a curiosity in specialized treats and family friendly-entertainment. Concurrently, the technology was also able to suppress audience members unlikely to be interested due to their concerns for animal rights, a vegan lifestyle, or other dietary concerns.

As a complement to the campaign, the IntentKey also ensured Spanish-speaking audience members were approached and served in their native language and thus assuring adaptive branding across ethnic groups.

The success of the campaign led to an improved engagement with videos, greater interest in dairy recipes being promoted, and an enhanced engagement with the site. This success has led to an expansion of the program into performance-driven packaged goods campaigns designed to enthuse audience members to add dairy products to their online grocery orders.

“This is an interesting time for online grocery sales and CPG brand affinity,” said Tristan Cameron, VP of Sales and Account Management. “Food Business News reported that as many as 65% of U.S. consumers suggested that they have tried new brands throughout the pandemic if their usual product was out of stock, which has been a common occurrence in stores across the country. As many as 30-40% of those consumers also said they would be willing to stick with these new brands. With COVID-19 continuing to be a challenge across the U.S., we see opportunity for brands to get in front of consumers with new products they can try at a time when they are willing to do so.”

About the IntentKey™ 
Inuvo’s IntentKey™ is a patented, machine-learning technology designed to mirror the manner in which the human brain instantly associates ideas, emotions, places, people, and objects. It creates an accurate, high-definition picture of consumer intent and sentiment related to a particular topic or item. Inuvo harnesses the power of the IntentKey to discover and reach high volumes of incremental in-market and relevant audiences that are hidden from typical marketing approaches. The IntentKey enables pinpoint media execution reaching consumers throughout the purchasing funnel all the way to conversion.

About Inuvo
Inuvo, Inc. (NYSE American: INUV) is a market leader in artificial intelligence, aligning and delivering consumer-oriented product & brand messaging strategies online based on powerful, anonymous and proprietary consumer intent data for agencies, advertisers and partners. To learn more, visit www.inuvo.com.

Safe Harbor / Forward-Looking Statements
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as “anticipate”, “plan”, “will”, “intend”, “believe” or “expect” or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations with respect to our lack of profitable operating history, potential need for additional capital, fluctuations in demand; the effects of COVID-19 on our operations and the U.S. economy in general; and the risk factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2019 as filed with the Securities and Exchange Commission. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of Inuvo and are difficult to predict. Inuvo undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Inuvo Company Contact:
Wally Ruiz 
Chief Financial Officer
Tel (501) 205-8397
wallace.ruiz@inuvo.com

Investor Relations:
KCSA Strategic Communications
Valter Pinto, Managing Director
Tel (212) 896-1254
Valter@KCSA.com 

FAQ

What is the IntentKey technology used by Inuvo?

IntentKey is a patented AI technology that identifies consumer intent and sentiment to optimize marketing strategies.

How has the dairy board campaign influenced consumer behavior?

The campaign has led to increased engagement with dairy recipes and brand awareness.

What challenges is the dairy industry facing according to Inuvo?

The dairy industry is experiencing a decline in milk consumption, which has fallen 40% since 1975.

What potential growth opportunities did Inuvo highlight for brands?

Inuvo mentioned that many consumers are willing to try new brands during the pandemic, presenting growth opportunities.

What stock symbol is associated with Inuvo?

The stock symbol for Inuvo is INUV.