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Marketing Briefing: U.S. marketers prepare contingency plans amid potential TikTok ban

Published

2 years ago

March 21, 2023

Marketing Briefing: U.S. marketers prepare contingency plans amid potential TikTok ban

With the possibility of a TikTok ban in the U.S. once again gaining traction, some marketers and agency execs say they’re readying contingency plans. Others, meanwhile, say that the uncertainty of a potential ban makes it difficult to forecast where spend would be moved.

“We’ve seen so many platforms have their peaks and valleys with their growth journeys that having multiple contingency plans for everything that could happen is part of what we do,” said Han Wen, L’Oreal chief marketing and digital officer, when asked about the potential ban. “As one of the largest advertisers in the U.S., we have to be extremely practical when we think about the directions our investment can take, so having contingency plans is part of everything we do for every media partner we have.”

While there is a renewed sense of uncertainty when it comes to TikTok in the U.S., especially after President Biden’s demand last week that TikTok’s Chinese owners Bytedance sell off their shares or deal with a U.S. ban of the app, marketers and agency execs have already dealt with previous rounds of uncertainty with the app, particularly former President Trump’s same demand that Bytedance sell off TikTok. Given that the likelihood of a ban is still up in the air, marketers and agency execs are choosing between making contingency plans and waiting for a firm answer.

“We also know enough to know we are not in a place to read the tea leaves with what may or may not happen,” said Wen. “All we can do is make sure we have plans in place, which we do. And we have plans in place for all of the various scenarios.”

Marketers and agency execs say the conversation around contingency plans tends to focus on other short-form video apps like Instagram’s Reels, YouTube’s Shorts and Snapchat.

“The impact on potential spending is likely to be diffuse — we don’t see brands necessarily planning to move their entire TikTok spend to one other platform,” said Liz Cole, executive director, U.S. head of social at VMLY&R. “From a creative perspective, we can expect the content itself to adapt to a number of other short-form video platforms including Instagram, Snap or YouTube. And for brands further upstream in the creative process, they might choose to tell their story across a variety of other formats.”

Of course, should TikTok be banned, determining where to focus creative efforts or move media dollars wouldn’t be the only consideration for marketers. “If TikTok was banned, other than stopping media on the platform, the other immediate priority for advertisers and publishers would be for brands to remove any TikTok tracking pixel,” said UM global chief media officer, Joshua Lowcock.

At the same time, the potential ripple effects of a possible ban for TikTok don’t stop at TikTok.

“I think it’s a misnomer to call it a TikTok ban,” said Lowcock. “If you look at the proposed legislation, it’s really about foreign government ownership and control, this could play out as a challenge for other companies that are Chinese-owned, controlled, or have China as a substantial investor.”

The ban could also make advertisers, already a risk averse bunch, even more so now.

“If TikTok were to become a non-viable channel for advertisers so soon after its entrance to the mainstream, it could increase hesitance among brands to try new social platforms,” said Cole. “Not every advertiser had the confidence to leap onto TikTok when its popularity first surged, and I could see some of the slower movers viewing this as confirmation that a more cautious, less experimental stance is warranted.”

The uncertainty of the longevity of a social platform — whether in popularity or availability — has also been made clearer this year overall. “We can’t take the longevity of any social platform for granted, no matter how popular or established it seems,” said Cole. “That doesn’t mean brands should hold back from trying any new things — but they need to have a strategy that is grounded in the brand itself and the behaviors of consumers, not just the features of specific channels.”

3 Questions with OAAA’s President and CEO Anna Bager

OAAA recently partnered with Morning Consult to take a look at the current out-of-home advertising marketplace. Tell us about that.

We wanted to understand how consumers move around. But we also wanted to understand, specifically, how some audiences that are hard to reach with other media formats, from underserved [or] under underprivileged and underdeveloped audiences that are in areas where you may not have access to other forms of media, how they are exposed to our ads, both from an advertising perspective but also just a health and public service messaging. We see that consumers are out and about more often. 88% of these consumers notice out of home ads and 78% recently engaged in some way, which really demonstrates the influence of our medium.

What does this mean for the advertising industry?

With OOH ads, it doesn’t really interrupt your media consumption. It’s sort of just there. It’s often seen as a service and it’s being noticed. You can’t skip it, you can’t block it. So it’s a great way of connecting with consumers. Then, we’re a one to many medium. Ads can be perceived as for you only and there are certain environments where it’s very close to that. But for the most part, it’s seen by many, which means that we don’t have the privacy challenges that you have online. That is a plus in today’s environment where regulation is getting increasingly hard when it comes to how you use data and then also how you can do to target consumers.

The OAAA has their annual OOH Media Conference coming up at the end of March. What can attendees expect?

The theme of the conference is breakthrough. We don’t really want to talk about the pandemic anymore. But it’s not a secret exactly that we were down in the pandemic. And now we’re back, so it’s about our industry breaking through. It’s also about the tech coming back. We’re now the fastest growing ad medium of all. We had a great 2022 and it looks like 2023 that as well. It’s also about [how] our industry has gone through and continued to go through massive technological change. –– Kimeko McCoy

By the numbers

People expect more from the brands they shop with nowadays. In response, advertisers have spent at least the last year ramping up more full-funnel marketing strategies, which include brand building and direct response marketing. Expect more of the same this year, according to new research released by Reach3 Insights and The Keller Advisory Group, which reports that shoppers more often prefer brand experiences over traditional advertising. Find more details from the report below:

Consumers prefer brand experiences such as social media content, creator content, metaverse happenings and live events over traditional advertising by 69% to 48%.
The research shows 80% of consumers have engaged or are interested in engaging with brand experiences, with 43% saying engaging with brand experiences would make them more apt to want to try a brand as compared to just 21% who said so about traditional advertising.
…once consumers engage with brand experiences, they find them to be more relevant than traditional advertising, with 51% saying so compared to 25% who feel traditional advertising is more relevant. — Kimeko McCoy

Quote of the week

“When there’s mass layoffs, there will be two or three weeks where we as publishers get very frustrated because we don’t get a response.”

— said Phil Ranta, COO of We Are Verified, when asked about the impact of Meta, Snapchat and Twitter layoffs on agency relationships.

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12 Proven Methods to Make Money Blogging in 2024

Published

5 months ago

May 14, 2024

Entireweb News Bot

This is a contributed article.

The world of blogging continues to thrive in 2024, offering a compelling avenue for creative minds to share their knowledge, build an audience, and even turn their passion into profit. Whether you’re a seasoned blogger or just starting, there are numerous effective strategies to monetize your blog and achieve financial success. Here, we delve into 12 proven methods to make money blogging in 2024:

1. Embrace Niche Expertise:

Standing out in the vast blogosphere requires focus. Carving a niche allows you to cater to a specific audience with targeted content. This not only builds a loyal following but also positions you as an authority in your chosen field. Whether it’s gardening techniques, travel hacking tips, or the intricacies of cryptocurrency, delve deep into a subject you’re passionate and knowledgeable about. Targeted audiences are more receptive to monetization efforts, making them ideal for success.

2. Content is King (and Queen):

High-quality content remains the cornerstone of any successful blog. In 2024, readers crave informative, engaging, and well-written content that solves their problems, answers their questions, or entertains them. Invest time in crafting valuable blog posts, articles, or videos that resonate with your target audience.

Focus on evergreen content: Create content that remains relevant for a long time, attracting consistent traffic and boosting your earning potential.
Incorporate multimedia: Spice up your content with captivating images, infographics, or even videos to enhance reader engagement and improve SEO.
Maintain consistency: Develop a regular publishing schedule to build anticipation and keep your audience coming back for more.

3. The Power of SEO:

Search Engine Optimization (SEO) ensures your blog ranks high in search engine results for relevant keywords. This increases organic traffic, the lifeblood of any monetization strategy.

Keyword research: Use keyword research tools to identify terms your target audience searches for. Strategically incorporate these keywords into your content naturally.
Technical SEO: Optimize your blog’s loading speed, mobile responsiveness, and overall technical aspects to improve search engine ranking.
Backlink building: Encourage other websites to link back to your content, boosting your blog’s authority in the eyes of search engines.

4. Monetization Magic: Affiliate Marketing

Affiliate marketing allows you to earn commissions by promoting other companies’ products or services. When a reader clicks on your affiliate link and makes a purchase, you get a commission.

Choose relevant affiliates: Promote products or services that align with your niche and resonate with your audience.
Transparency is key: Disclose your affiliate relationships clearly to your readers and build trust.
Integrate strategically: Don’t just bombard readers with links. Weave affiliate promotions naturally into your content, highlighting the value proposition.

5. Display Advertising: A Classic Approach

Display advertising involves placing banner ads, text ads, or other visual elements on your blog. When a reader clicks on an ad, you earn revenue.

Choose reputable ad networks: Partner with established ad networks that offer competitive rates and relevant ads for your audience.
Strategic ad placement: Place ads thoughtfully, avoiding an overwhelming experience for readers.
Track your performance: Monitor ad clicks and conversions to measure the effectiveness of your ad placements and optimize for better results.

6. Offer Premium Content:

Providing exclusive, in-depth content behind a paywall can generate additional income. This could be premium blog posts, ebooks, online courses, or webinars.

Deliver exceptional value: Ensure your premium content offers significant value that justifies the price tag.
Multiple pricing options: Consider offering tiered subscription plans to cater to different audience needs and budgets.
Promote effectively: Highlight the benefits of your premium content and encourage readers to subscribe.

7. Coaching and Consulting:

Leverage your expertise by offering coaching or consulting services related to your niche. Readers who find your content valuable may be interested in personalized guidance.

Position yourself as an expert: Showcase your qualifications, experience, and client testimonials to build trust and establish your credibility.
Offer free consultations: Provide a limited free consultation to potential clients, allowing them to experience your expertise firsthand.
Develop clear packages: Outline different coaching or consulting packages with varying time commitments and pricing structures.

8. The Power of Community: Online Events and Webinars

Host online events or webinars related to your niche. These events offer valuable content while also providing an opportunity to promote other monetization avenues.

Interactive and engaging: Structure your online events to be interactive with polls, Q&A sessions, or live chats. Click here to learn more about image marketing with Q&A sessions and live chats.

9. Embrace the Power of Email Marketing:

Building an email list allows you to foster stronger relationships with your audience and promote your content and offerings directly.

Offer valuable incentives: Encourage readers to subscribe by offering exclusive content, discounts, or early access to new products.
Segmentation is key: Segment your email list based on reader interests to send targeted campaigns that resonate more effectively.
Regular communication: Maintain consistent communication with your subscribers through engaging newsletters or updates.

10. Sell Your Own Products:

Take your expertise to the next level by creating and selling your own products. This could be physical merchandise, digital downloads, or even printables related to your niche.

Identify audience needs: Develop products that address the specific needs and desires of your target audience.
High-quality offerings: Invest in creating high-quality products that offer exceptional value and user experience.
Utilize multiple platforms: Sell your products through your blog, online marketplaces, or even social media platforms.

11. Sponsorships and Brand Collaborations:

Partner with brands or businesses relevant to your niche for sponsored content or collaborations. This can be a lucrative way to leverage your audience and generate income.

Maintain editorial control: While working with sponsors, ensure you retain editorial control to maintain your blog’s authenticity and audience trust.
Disclosures are essential: Clearly disclose sponsored content to readers, upholding transparency and ethical practices.
Align with your niche: Partner with brands that complement your content and resonate with your audience.

12. Freelancing and Paid Writing Opportunities:

Your blog can serve as a springboard for freelance writing opportunities. Showcase your writing skills and expertise through your blog content, attracting potential clients.

Target relevant publications: Identify online publications, websites, or magazines related to your niche and pitch your writing services.
High-quality samples: Include high-quality blog posts from your site as writing samples when pitching to potential clients.
Develop strong writing skills: Continuously hone your writing skills and stay updated on current trends in your niche to deliver exceptional work.

Conclusion:

Building a successful blog that generates income requires dedication, strategic planning, and high-quality content. In today’s digital age, there are numerous opportunities to make money online through blogging. By utilizing a combination of methods such as affiliate marketing, sponsored content, and selling digital products or services, you can leverage your blog’s potential and achieve financial success.

Remember, consistency in posting, engaging with your audience, and staying adaptable to trends are key to thriving in the ever-evolving blogosphere. Embrace new strategies, refine your approaches, and always keep your readers at the forefront of your content creation journey. With dedication and the right approach, your blog has the potential to become a valuable source of income and a platform for sharing your knowledge and passion with the world, making money online while doing what you love.

Image Credit: DepositPhotos

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Snapchat Explores New Messaging Retention Feature: A Game-Changer or Risky Move?

Published

7 months ago

March 18, 2024

Max

Snapchat Explores New Messaging Retention Feature: A Game-Changer or Risky Move?

In a recent announcement, Snapchat revealed a groundbreaking update that challenges its traditional design ethos. The platform is experimenting with an option that allows users to defy the 24-hour auto-delete rule, a feature synonymous with Snapchat’s ephemeral messaging model.

The proposed change aims to introduce a “Never delete” option in messaging retention settings, aligning Snapchat more closely with conventional messaging apps. While this move may blur Snapchat’s distinctive selling point, Snap appears convinced of its necessity.

According to Snap, the decision stems from user feedback and a commitment to innovation based on user needs. The company aims to provide greater flexibility and control over conversations, catering to the preferences of its community.

Currently undergoing trials in select markets, the new feature empowers users to adjust retention settings on a conversation-by-conversation basis. Flexibility remains paramount, with participants able to modify settings within chats and receive in-chat notifications to ensure transparency.

Snapchat underscores that the default auto-delete feature will persist, reinforcing its design philosophy centered on ephemerality. However, with the app gaining traction as a primary messaging platform, the option offers users a means to preserve longer chat histories.

The update marks a pivotal moment for Snapchat, renowned for its disappearing message premise, especially popular among younger demographics. Retaining this focus has been pivotal to Snapchat’s identity, but the shift suggests a broader strategy aimed at diversifying its user base.

This strategy may appeal particularly to older demographics, potentially extending Snapchat’s relevance as users age. By emulating features of conventional messaging platforms, Snapchat seeks to enhance its appeal and broaden its reach.

Yet, the introduction of message retention poses questions about Snapchat’s uniqueness. While addressing user demands, the risk of diluting Snapchat’s distinctiveness looms large.

As Snapchat ventures into uncharted territory, the outcome of this experiment remains uncertain. Will message retention propel Snapchat to new heights, or will it compromise the platform’s uniqueness?

Only time will tell.

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Catering to specific audience boosts your business, says accountant turned coach

Published

7 months ago

February 26, 2024

Entireweb News Bot

Catering to specific audience boosts your business, says accountant turned coach

While it is tempting to try to appeal to a broad audience, the founder of alcohol-free coaching service Just the Tonic, Sandra Parker, believes the best thing you can do for your business is focus on your niche. Here’s how she did just that.

When running a business, reaching out to as many clients as possible can be tempting. But it also risks making your marketing “too generic,” warns Sandra Parker, the founder of Just The Tonic Coaching.

“From the very start of my business, I knew exactly who I could help and who I couldn’t,” Parker told My Biggest Lessons.

Parker struggled with alcohol dependence as a young professional. Today, her business targets high-achieving individuals who face challenges similar to those she had early in her career.

“I understand their frustrations, I understand their fears, and I understand their coping mechanisms and the stories they’re telling themselves,” Parker said. “Because of that, I’m able to market very effectively, to speak in a language that they understand, and am able to reach them.”Â

“I believe that it’s really important that you know exactly who your customer or your client is, and you target them, and you resist the temptation to make your marketing too generic to try and reach everyone,” she explained.

“If you speak specifically to your target clients, you will reach them, and I believe that’s the way that you’re going to be more successful.

Watch the video for more of Sandra Parker’s biggest lessons.

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