Tag Archive for: X

X is Joining The Google Ads Display Network

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X (previously known as Twitter) is partnering with Google Ads in an attempt to make up for the declining ad revenue seen by the company since its takeover by Elon Musk. 

In the near future, X will be included as part of the Google Display Network, making it possible for many of the ads run by Google Ads to appear on the social network.

Why Is X Partnering With Google?

Since the purchase of Twitter by Elon Musk last year, the company has seen an estimated 59% drop in ad revenue from the US. While numbers are not available globally, most analysts agree that this has dramatically hurt the social network’s profits 

Much of this reduction in ad revenue was sparked by Musk’s decisions to reduce moderation on the platform and to unban controversial accounts. Since then, advertisers have seen their ads appearing alongside increasingly objectionable content including hate speech, slurs, and nazi imagery. As you might expect, this has led many advertisers to completely stop advertising on the platform.

Can You Opt Out?

For brands concerned about potentially having ads shown alongside hateful or controversial media, it is important to know that you can choose to not have your ads shown on X or any other website. As a Google spokesperson told Ad Age:

“This is an opportunity for our advertisers to reach a broader audience, but as always they can choose what sites and apps their ads run on. Any publisher who participates in this type of partnership must abide by our publisher policies.”

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X Is Likely Going To Start Charging All Users For Access

X (formerly Twitter) is likely to do away with free accounts in the near future and shift to a strictly paid business model according to a recent statement from owner Elon Musk. 

Rumors had been swirling that Musk is considering moving away from free accounts, and the controversial business leader confirmed as much in a live-streamed interview with (similarly controversial) Israeli Prime Minister Benjamin Netanyahu earlier this week. 

In the discussion, Musk mentioned that he X is “moving to a small monthly payment” as a solution to problems on the platform. 

Specifically, Musk said this approach is “the only way I can think of to combat vast armies of bots. Because a bot casts a fraction of a penny – call it a tenth of a penny – but even if it has to pay … a few dollars or something, the effective cost of bots is very high.” 

How this paid model would prevent issues that have been seen on other platforms with a small entry fee is unclear. 

At the same time, it is hard to believe Musk isn’t also considering introducing a mandatory fee for users as a solution to continuously dwindling ad revenue. 

Since taking over Twitter, ad revenue has fallen throughout Musk’s ownership, largely due to reductions in moderation and increases in objectionable content including hate speech. The platform has had several high-profile incidents of advertisers being unwittingly shown alongside nazi imagery, slurs, and calls to violence.

Meanwhile, Musk argues these incidents are rare exceptions and blames organizations such as the Center for Countering Digital Hate saying they are “actively working to prevent free expression.”

Despite the series of controversies and questionable decisions, Musk touted several milestone achievements throughout the livestream, including saying that X has 550 million monthly users who post between 100 to 200 million times a day. 

For businesses continuing to include X as a part of their social media strategy, it is important to monitor these continued changes and assess whether the platform is worth paying for access.

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X is Sending Less Referral Traffic Compared To a Year Ago

The bad news just keeps coming for Elon Musk’s X, formerly known as Twitter. A new report from Automattic indicates that the social network is sending less traffic for publishers compared to a year ago.

Twitter built much of its popularity on being a reliable way for publishers to drive interest and traffic to content because it allowed users to easily share and discuss the latest news and media.

As the site becomes more controversial and its user base dwindles, however, it appears to be sending less traffic to these types of links.

What The Report Says

From the first half of 2022 to the first half of 2023, traffic from X fell by an average of 24% based on a random sampling of 25 large and small publishers. The impact varied depending on the publisher, with some larger publishers taking particularly large hits to their traffic. 

Among the publishers that saw the biggest drops in referral traffic from X were Buzzfeed (-70%), Reuters (-67%), The Washington Post (-42%), CNN (-39%) and Fox News (-39%).

Not a New Trend

It would be easy to put all the blame on Elon Musk’s recent ownership of the social network. Along with the rebrand to X, Musk has made sweeping changes to how the platform functions including reducing moderation, introducing paid verification services, and unbanning prominent controversial figures. 

However, this is just the latest plunge in a years-long pattern of dwindling referral traffic. 

Twitter has been gradually delivering less traffic to publishers since 2018, though the pattern appears to have accelerated in the last year. 

Of course, this trend hasn’t hit all publishers. Some have even reported seeing more referral traffic this year than in the past. Still, it would be wise for publishers to keep an eye on their referral traffic and potentially make plans for finding new ways to drive traffic if the pattern continues.

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Twitter Is Rebranding to “X”

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Elon Musk is continuing to remake Twitter as he wants it with the biggest change yet – an entirely new brand name – X. 

Instead of Twitter, users visiting the social network on desktop devices will now be redirected to X.com, the new home of the platform for the foreseeable future. Some mobile users have already seen the update on their phone, while many others will see the icon transform from a cheerful blue bird to a sleek X in the coming days. 

In the announcement, CEO Linda Yaccarino said the new name represents their move to becoming more than a social network app to an “everything app”. 

As she shared in an X (formerly called a Tweet):

“It’s an exceptionally rare thing – in life or in business – that you get a second chance to make another big impression. Twitter made one massive impression and changed the way we communicate. Now, X will go further, transforming the global town square.”

“X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, X will connect us in all the ways we’re just beginning to imagine.”

Analysts have expressed concern about the move, with some speculating that the social network is losing billions in brand recognition. 

It is also unclear if the brand name change will bring back any advertisers who had stepped away from running ads on Twitter following a rise in hate speech and offensive content over the last year. 

Additionally, the use of redirects and completely changing the domain name raises questions about how long embedded Twitter content on other sites will continue to function or if they will soon break as the Twitter domain becomes part of the past. 

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