Tag Archive for: social media advertising

Microsoft Advertising Cuts Twitter Access To Major Ad Tools

, ,

Microsoft Advertising has begun alerting users that it is cutting support for Twitter across its platform starting April 25, 2023.

This means you will no longer be able to include Multiplatform Smart Campaigns or manage your Twitter account through the Digital Marketing Center (DMC). That includes being unable to schedule, create, or manage tweets and tweet drafts will be removed from the platform on that day.

Additionally, advertisers will be unable to view or track past tweets’ performance and engagement on the platform.

Why This Matters

This is notable for a few reasons. 

DMC is one of the leading tools used to manage multiple social media accounts from one location, including the crucial ability to respond to DMs from all major social networks without signing into multiple accounts and pages. 

This is because the tool is offered for free to all advertisers on Microsoft Ads and is integrated with Microsoft’s other social and paid ad tools for businesses. Once removed, this will create a significant hurdle for many advertisers wanting to manage social ads and engagement efficiently. 

This is also a major loss for Twitter, which has struggled to bring back advertisers since the takeover by Elon Musk. Estimates indicate that up to half of Twitter’s biggest advertisers have left since his purchase of the company.

Just this week, Musk has been making appearances at major marketing and advertising conferences in a bid to attract brands back to Twitter, but the loss of access through major social ad tools will only make Twitter a harder sell to the brands which have already left.

Meanwhile, Microsoft generated over $12 billion dollars in revenue for digital ads last year and is poised to make even bigger gains this year.

/0 Comments

New LinkedIn Ads Study Finds What Makes The Most Effective Ads

,

If you’ve ever wanted to know the secret to get the best response on LinkedIn Ads, Vidmob’s recently released report on global advertising trends on the platform may be exactly what you’re looking for. 

The report breaks down every element of LinkedIn ads to show which visual elements, text, and creative strategies performed the best on the platform for driving B2B engagement. 

The findings come from over 800 million ad impressions tracked by brands paying for video ad campaigns on LinkedIn within North America and the EMEA region (Africa, Europe, and the Middle East). 

What Elements are Most Effective?

The report says video ads containing the following elements performed better than those that did not:

  • Videos that display messaging in the first quarter of the video saw a 149% boost in views through the first 25% of the ad.
  • Ads that are 7-15 seconds long received a 54% lift in engagement rates.
  • Videos with high text contrast saw a 102% lift in views through the first 25%.
  • Videos featuring a person within the first quarter received a 175% increase to views through the opening 25%
  • Ads that include the phrase “Get a Quote” received 33% higher click-through rates.
  • When ads show a brand logo within the first 2 seconds, they see a 17% increase to click-through rates.

Key Takeaways

From all the data and findings, Vidmob has made 5 key points advertisers should be aware of:

Video: “While short and sweet is the usual go-to for video length, for awareness plays in the tech industry, audiences are engaged with mid-length content too.”

Color: “Don’t shy away from bright hues in upper funnel assets.”

Terminology: “Make use of Tech industry jargon and relevant imagery in creative assets, such as ‘Data,’ ‘Leader,’ ‘Expert,’ and ‘Demand.’”

Functional Benefits: “Focus on functional benefits and how the products or solutions can add efficiencies for the audience.”

Branding: “Make sure some reference to the brand appears upfront in the first 3 sec of the creative.”

For more interesting findings about the best elements to use at each stage of the customer awareness journey, download the full report from Vidmob here.

/0 Comments

TikTok Adds 500,000 Licensed Songs Brands Can Use In Ads and Content

, ,

TikTok is making it easier for brands of any size to use licensed music on the platform with its new Sounds for Businesses service. 

With this, small businesses will be much more able to afford popular songs in their ads, videos, and other organic content through the TikTok Audio Library. 

Why Licensed Music Is Important For Marketing

For brands trying to rise above the noise on social media, using licensed songs is a crucial part of getting users’ attention.

Even more, TikTok says its research shows 68% of users find remembering a brand’s message easier when it is paired with a popular song they like. Of those, 62% said they would take time to learn more about a brand if they enjoy the song. This is because users feel like a brand may have similar tastes to theirs if they choose music they like as well. 

Unfortunately, licensing music is not easy – especially for smaller brands. It is not always clear who to contact to license a piece of music and costs can quickly stack up. 

Trying to slip a popular song into your marketing materials without paying isn’t likely to work either. TikTok (and all other social networks) use automated tools to identify music that may be infringing on a copyright claim. When this happens, the app removes your audio entirely – potentially ruining your message in the process. 

With this new library of licensed music, brands can now avoid this entire complicated and expensive process by choosing from over 500,000 licensed tunes and sounds. 

How To Use TikTok Sounds for Businesses 

TikTok’s Sounds for Businesses library is available to brands creating content and ads on both desktop and mobile.

On desktop, the Audio Library is within the Creative Center. Here, you can filter audio by theme, genre, mood, and length to find the perfect match. 

For mobile users, licensed songs can be added when creating a new post by tapping “Add Sounds” and filtering the results to licensed music. 

Sounds for Businesses is rolling out now. For more, read TikTok’s announcement here.

/0 Comments

TikTok Adds New Targeting and Boosting Options For Promoted Content

,

TikTok is expanding the ways brands can turn their TikTok content into ads with new targeting and boosting features for promoting posts.

Promoting content is a way for those unable to use TikTok’s more complex advertising options to improve their reach, boost awareness of their profiles, and drive new leads – similar to the limited “Promote” features on YouTube and Facebook.

Below, we’ll get into the details of the new targeting and boosting options available on TikTok and how they may help your business:

New Options For Promoted TikTok Posts

More Profile Views

As the name suggests, this option helps drive traffic directly to TikTok profiles through a unique call to action on your brand’s story or highlighted product post.

Promote For Others

The idea of buying ads to promote someone else may seem weird but can be very useful for those who share content collaborations, those who partner with influencers, or partner brands. Additionally, this option allows the promotion of a specific creator’s videos or LIVE content.

Location Targeting

If you’re a local business that only services a particular area, location targeting can allow you to restrict your ad reach to exclusively target those in that service area. 

More Messages

The new “more messages” advertising option is a powerful tool for those who typically rely on their sales team to drive sales from leads. With this option, you’ll drive users directly to messaging your TikTok account where your experienced sales team can take over and close the deal.

Brands are likely feeling conflicted about TikTok ever since it was revealed that the company regularly uses internal tools to bypass its ranking algorithm and promote content or profiles across the platform. With these new options for promoting posts, you can take the power back into your hands to ensure your posts are being seen by the users who matter most to you.

/0 Comments

Since Elon Musk’s Takeover, Twitter Has Lost 40% of Its Daily Revenue

,

Since the much-publicized takeover by Elon Musk, Twitter has seen its daily revenue plummet by up to 40%. While Musk has been widely criticized for his behavior as CEO and management of the company in recent months, this info, reported by The Information, indicates things are also falling apart behind the scenes. 

Much of the lost revenue is attributed to recent news that more than 500 of Twitter’s top advertisers cut or entirely stopped advertising on the platform since Elon Musk’s takeover. 

Why Are Advertisers Pulling Away From Twitter?

The main issue raised by most major advertisers is Musk’s approach to content moderation. Musk has claimed to be a proponent of free speech online, indicating that content moderation should be handled with a light hand – if at all. 

As such, Musk has reinstated many previously banned accounts – including those of avowed white supremacists – and dismissed most of the staff responsible for content moderation on the platform. 

Understandably, this has made many large advertisers wary of how safe the platform is for their advertising. 

At the same time, Musk has also terminated much of Twitter’s sales teams, including those in charge of accounts with the company’s biggest advertisers. Similarly, engineers and data scientists who were working to improve the advertising service on Twitter have been dismissed. 

What This Means For Twitter’s Future

Unless Musk finds a way to reverse course and satisfy previous advertisers’ concerns, this could bode poorly for the company’s future. Users have already expressed frustration with having new features locked behind a paywall as part of Twitter Blue, indicating the premium service will not be able to make up for lost ad revenue. Meanwhile, Musk’s slashing of staff will make it difficult for the company to engineer new tools or services that generate revenue. 

With all this in mind, advertisers have every right to approach the platform with caution.

/0 Comments

Ecommerce Brands Increased Ad Spend On TikTok 60% In Q2

, , ,

TikTok continues to gain more interest from brands – especially ecommerce brands – as it proves that the social app is here to stay. New data collected from over 5,000 stores shows that ecommerce brands spent 60% more to advertise on TikTok in Q2 of 2022. Even more, analysts believe the trend will continue for the foreseeable future.

This information comes from Triple Whale ecommerce analytics, which gathered the data from all the stores using their tools to estimate the overall growth of ecommerce ad spend on the increasingly popular social video app.

“It’s time to get on TikTok while the needle’s still moving in the upward direction, or before users are completely inundated with ads from new brands,” advises Triple Whale. TikTok “is no longer a channel serious paid media buyers can avoid without cutting into revenue and profit.”

Other Findings About Ecommerce Q2 TikTok Ad Spend

Notably, the most significant increases don’t come from major brands. Smaller retailers with annual sales between $1 million and-$5 million are instead leading the charge.

Along with these findings, the report also included a few other interesting facts:

  • Overall ad spend across the 5,000 online retailers rose by 11% in Q2 to a total of $529.7 million
  • Retailers with revenues between $1 million and $5 million are contributing to the biggest increases in ad spend
  • In the first two quarters of this year, retailers spent a total of $48.4 million on TikTok ads – which was a 231% increase over the previous 6 months
  • CPMs vary by industry. Baby, books and collectibles niches have a CPM below $10, while health & beauty & digital products are over $14 CPM
  • Stores with over $25 million in sales have the highest average order values and ROI

How TikTok Compares To The Competition

While TikTok is showing impressive growth in popularity among online retailers, it still trails Facebook and Google by a significant amount. Specifically:

  • Despite only growing 5.6% from Q1, Facebook remains the leading ecommerce choice for advertisers by a wide margin
  • Google grew 20.5% in Q2
  • Snap declined 10.8% in Q2

If you’ve been writing off TikTok as just another social network that will be here today and gone tomorrow, it is likely time to reconsider. The platform seems to be cementing its place among users and winning over brands through increased ad revenue.

/1 Comment

TikTok is Testing Video Ads In Search Results

, , ,

Video ads are coming to TikTok’s search results if a recently spotted test is to be believed.

David Herrmann, president of Hermann Digital, pointed out the ads earlier this week in a tweet that shows a clip with a small “Sponsored” label at the top of TikTok search results.

Based on the location in the ad – above the “Others searched for” section, it seems safe to assume the ads will typically appear within the first few search results shown. 

Unfortunately, information about this ad test is extremely limited. According to Herrmann, the ads currently can’t be targeted by keyword, though he implies the ability to do so is coming soon. 

Instead, the best way to ensure your videos get shown as relevant ads in the current iteration is to create video “how-to’s” aimed at solving specific problems. 

“Make your ads solve problems, don’t just sell. Drive them to advertorial pages,” Hermann tweeted. “This is Pinterest 2.0, but better cause people buy.”

Another detail that is unclear is how brands might get access to this ad experiment. With no official word about the ads from TikTok, the assumption is that you must be a brand with an established presence on the app and have a managed advertising account.

Once running these ads, brands will receive a list of search terms driving clicks on their video ads, helping them generate more focused and better-targeted content and ads in the future.

The ads are obviously in an early form and will likely be expanded before they are widely accessible to brands on the platform. At the same time, they show how TikTok is working to provide new ways to monetize your presence on the app and reach new audiences with high purchasing intent. 

Given that TikTok’s users already seem uniquely primed to buy products they discover through the app, this looks to potentially be a major upcoming advertising opportunity for many brands.

/0 Comments

LinkedIn Launches New Event Ads and “Boosted” Organic Posts

, ,

LinkedIn is expanding its advertising options for brands and entrepreneurs on the platform with new Event Ads and the ability to “Boost” organic posts from your brand’s page.

As the company said in this week’s announcement:

“We’re announcing new features to make your marketing life a little easier — helping you seamlessly reach more of your target audience and grow your brand community all while measuring impact each step of the way.”

LinkedIn Event Ads

Now that social distancing is coming to an end, many are eager to finally put on a big event for their brand. 

To help make your next in-person (or digital) event a smash hit, LinkedIn is introducing a new ad format which can appear in users’ feeds. Event ads include all the important details potential attendees may want to know, including the date, time, how to register, and if any mutual connections are also planning to attend. 

Along with this new ad format, the company is rolling out an Event Analytics tool that offers info on attendee/visitor engagement with your Event posts, your total number of attendees, unique event visits, the top jobs of attendees, and the peak number of viewers on livestreams. 

“Boost” Your LinkedIn Posts

Have you ever had a post that went over so well you wish you could re-run it to an even wider audience? 

Now you can, with the ability to “Boost” your post as an ad. Directly from your LinkedIn page, you can quickly turn an existing organic post into an ad for your brand which will run to a larger audience.

Simply click the Boost button underneath the post you want to promote, and select the objective for the post from this list:

  • Website visits
  • Post awareness
  • Event awareness
  • Post engagement
  • Video views

From there, you’ll be asked to choose how LinkedIn targets your ad based on either your profile, specific interests, or a LinkedIn audience template, along with some other basic targeting information. 

Lastly, you’ll be able to set your budget for the ad and how long you run, before you publish your Boosted post. 

Currently, the feature does have some significant limitations. Only events or posts with a single image can be boosted for now, and posts can only be boosted once. Other post formats, such as polls, documents, job listings, or Pulse articles are not eligible for boosting. 

The Takeaway

Though basic, these new features make it easy for small brands to test the waters with promoting their events and contents across the business-focused platform. Additionally, LinkedIn suggests this approach could help save money on advertising events, as 40% of beta customers saw their cost per registration decrease when testing the new ad format.

/0 Comments

Snapchat Says Its Users Include 70% of 13 to 24 Year Olds

, , ,

Snapchat has exploded in popularity over the past few years, and now the company claims its content reaches over 70% of 13 to 24-year-olds across the countries making up more than half of all digital ad spend. 

This reveal came as part of Snapchat’s first-ever investor day, this week.

Snapchat Details User Growth In Surprising Demographics

As The Wall Street Journal reports, Snapchat unveiled several key statistics to shareholders.

Broadly, the company says the “Snapchat Generation” includes up to 40% of consumers around the world.

Despite the perception that the social network’s users are overwhelmingly young, Snapchat also says approximately 80% of its audience is over the age of 18. Based on this level of growth with new audiences, the company believes it will see 50% annual growth in revenue every year for the foreseeable future.

Although most of the information provided focused on big-picture statistics like revenue and audience growth, the shareholder presentation did disclose a few more specific details about how users are interacting with the app. Specifically, they said that Snapchat users open the app 30 times a day on average, every day. 

Additionally, the company shared that users who try AR filters to try on products are 2.4 times more likely to convert, implying an interest in further investing in this area.

The Future of Snapchat Advertising

One of the main ways Snapchat aims to meet its goal of 50% YoY revenue growth is by continuing to expand its advertising platform.

In its current state, Snapchat’s revenue largely comes from the standard vertical video ads which appear between Stories. However, increasing the number of these ads could drive away users.

Instead of increasing the number of vertical video ads, Snapchat says it plans to find new areas of the app which can be monetized, including placing ads in the Snap Map and Spotlight sections.

With over 35 million businesses already present on the Snap Map, Snap Inc.’s chief business officer, Jeremi Gorman, believes they will see massive interest when rolling out ads in this area of the app.

Driven by the existing success of AR filters, Snapchat also plans to incorporate new augmented reality features and AR-based ad options.

Perhaps most importantly for smaller brands who can’t work directly with Snapchat for the more customized ad options (such as AR or custom filters), the company also says it will be investing in more comprehensive and easier to use tools to buy and run ads through its self-service ad platform.

This means smaller brands will potentially be able to get their hands on some of the more effective and exciting ad options which have only been available to a select few brands on the platform in the past.

Overall, the presentation from the company gives a very optimistic view for the future. With its user-base beginning to age into adulthood, Snapchat is positioned to directly connect brands with some of the most active and engaged users on any social platform out there.

/0 Comments

Introducing Twitter’s New Carousel Ads

, , ,

Twitter is rolling out a new form of carousel ads which let you showcase between 2-6 images or videos in a single ad. 

According to the social network, the ads are particularly suited to helping businesses reach their advertising goal with a more immersive and interactive format which includes:

  • An edge-to-edge design
  • Third party measurement reporting
  • Accessibility support
  • New reporting features (such as swipes within the Carousel and breakdowns to measure individual Carousel card performance)

The ads have an edge on most other Twitter advertising formats because they allow you to approach an ad from a variety of different directions. You could highlight a variety of features and benefits of a single product, highlight a small collection of products, or tell a story about your brand. 

Why You Should Try Carousel Ads

Carousel ads have already proven to be a powerful tool on a number of other platforms including Facebook, Instagram, and Google Ads. 

According to a Nielsen study cited by Twitter, using 3 or more assets in an ad format increases awareness by up to 20% and purchase intent by 7%.

Based on Twitter’s early testing of the ad format, that will continue to be true here. The company says carousel ads saw an average 15% increase in click-through rates compared to traditional single asset ad formats. 

Carousel ads for apps saw an even bigger boost, with an average 24% increase in installs.

Twitter Carousel Ads Best Practices

To help you get started, Twitter provided a set of recommendations and best practices for making the most out of carousel ads:

  • Use all of the available components: Including visuals, headlines, descriptions, and calls-to-action.
  • Tell a story: Craft a visual narrative with a beginning, middle, and end to keep viewers engaged.
  • Consider the audience: Show different product images to re-targeted customers than you would show to new, prospective customers.
  • Highlight the product and its benefits: The product should be visible and there should be clear, simple communication of benefit to the consumer.

Available Now To Everyone

The new ad format is available to all advertisers and marks a renewed effort by Twitter to create a more effective and enticing advertising platform:

“This investment in performance advertising also includes expanding the capabilities of our ad formats to enable advertisers with more options to show and tell their brand story, while providing a more intuitive, engaging experience for people on Twitter.”

/0 Comments