Google

    Shiny New Ad Toys

    Walmart

    it is opening up Walmart Connect to brands that have not traditionally sold their products in its stores, such as automotive and financial marketers – known as “no-endemic” marketers.

    Another page from the Amazon ad playbook?

    Plus:

    • Brand search terms (yours or competitors)
    • More offline sales tracking
    • More self-serve options, including in-store placements like the TV wall
    • Taking the partner program (Roku, TikTok) wider

    Retail media could be a big winner of the cookiepocalypse if its reach can extend beyond classic retail use cases (like advertising a car to someone shopping for a car battery instead of just more parts sold via the retailer).

    via Search Engine Land

    Microsoft

    This month’s top story: Maximize conversion value bid strategy is now available for search and shopping search campaigns

    Plus:

    • Microsoft Click ID (is this really new?)
    • something something AI
    • A new hotel tool means the old hotel tool is getting the hook

    via Microsoft

    LinkedIn

    Advertisers can add CTV to their LinkedIn campaigns through a network of partners that includes Paramount, Roku and Samsung Ads.

    In addition to LinkedIn’s self-service Campaign Manager, the company also has a managed offering, LinkedIn Premiere via its partnership with NBCUniversal

    Ad surprise of the year so far? Benefits of being part of the Microsoft ecosystem.

    via MarTech

    Google

    Google is testing a new format for search ads, the ads go in a slider or carousel that let you swipe through various ads, instead of scrolling past them.

    The carousel looks a lot like the new Arc Search look for links from summary pages. Imagine it’s top 1.5 slots or bust for clickthrough and performance with this layout.

    via Search Engine Roundtable

    Chase (?(!))

    This week, JPMorgan Chase launched Chase Media Solutions, its new digital media business. It’s the first bank-led media platform, allowing advertisers to send relevant promotions to some 80 million financial customers.

    Any aggregator with first-party data in the post-cookie world could become a media network, Chase’s performance may open the floodgates.

    Chase’s advantage is transactional first-party data, which allows brands and agencies to target based on purchase history… Chase customers have purchase histories across retailers and other businesses they buy from.

    The immediate winners will be those closest to purchase. With time this could become the new paradigm (along with AI-powered contextual advertising).

    via MarTech


    Sounds like Google is kicking the tires on an acquisition of HubSpot.

    This is a really interesting listen on how it fits into their plans:


    Saturday Bits & Bytes | 032324

    Marilynne Robinson on Biblical Interpretation, Calvinist Thought, and Religion in America (Ep. 207)

    On the continuing denigration of John Calvin:

    The cure, of course, is to read Calvin, which no one does, and the reason no one does is because they think they know what they’ll find. It’s very self-perpetuating from that point of view when a negative reputation is established.

    Once you get a reputation it is hard to shake. And you’re rarely in control of the reputation you get.

    This is especially true if you’re challenging the status quo.

    5 charts on how third-party cookie deprecation will change ad buys

    eMarketer chart showing the Average Budget Allocation Across Data Types for Targeting in 2024 According to US Advertisers, Nov 2023 (% of budget) with contextual data number one and first-party data number two, combining for 55%.

    AI will turbocharge contextual targeting of all kinds.
    Demographics are dead (& generations are garbage).

    Microsoft Buying Ads On Google Search To Drive More Searches On Bing

    When you click on the ad in Google Search, you are taken to the Bing Search results for that query.

    I kind of love this strategy.

    TikTok’s algorithm has always been a black box. But researchers are finally figuring it out

    According to the study’s findings, between 30% and 50% of the first 1,000 videos TikTok users encounter are exploiting their past interests. Recommended videos are driven by a number of factors, most importantly whether the user liked a similar video, as well as who they follow on the platform. Fewer seem to be driven by the percentage of the video a user watched.

    different users have very different experiences and/or are sort of treated differently by the algorithm

    The algorithm is evolving. The importance of watch time may be diminishing as the pool of data deepens.

    The one constant with any of the platform algorithms is that they change.

    Spotify Is Launching New Ad Studio Product

    Powered by a model which analyzes behavioral signals, Podcast Streams takes campaigns beyond standard targeting to reach engaged audiences who are more likely to listen to podcasts.

    Limited to podcasts…for now?

    I expect to see more targeting options like this across platforms as AI becomes further ingrained.

    Post by @dsqt
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    Friday Bits & Bytes | 032224

    Evolving Google Analytics for more insightful measurement

    To make it easier to compare these actions across platforms, we are aligning how conversions are defined across Google Ads and Analytics to give you a consistent view of your Google advertising performance. With that, we are introducing key events in Google Analytics that will replace what currently exists as conversions for behavioral analytics.

    Say what? A “conversion” in GA4 was not measured the same as a “conversion” in Google Ads, which is…confusing.

    Now (or soon, it’s still rolling out) in GA4, what had been called “conversions” are now “key events”. Conversions will appear in the Advertising reports section and match what is in Google Ads.

    From Google:

    • Event = measure specific interactions or occurrences on your website or app
    • Key Event = measure an event that you mark as important to your business
    • Conversion = measure performance of your ad campaigns and optimize bidding

    If you want to know more, this video is the best resource on it I’ve seen from Google so far.

    How to write a landing page that converts

    Purchase Rate = Desire - (Labor + Confusion)

    To increase the purchase rate, increase the visitor’s desire to purchase while decreasing their labor (effort) and confusion

    translate features into the value they’ll get from using it. And proactively handle any objections they might have.

    Provide no-brainer value and make it easy.

    Copywriting Friday: What part of France are you from?

    To increase conversions, we need to understand and remove the objections that are stopping qualified prospects.

    Look for these three types of objections: obvious, embarrassing, and assumed. Then use your best salespeople to help you craft the strongest counter-objections.
    Think about your services or processes: Which of them might you combine into a named system that implies the work is being done for your customer?

    I’m looking forward to using the “Objection/Counter-Objection” method in a project soon.

    Concrete language boosts sales.
    from the Nudge newsletter

    a visual with a Nike shoe stating that concrete language that can be visualized boosts sales. “Trainers” vs “lime green Nike trainers”. The latter boosting purchase intent 30%.

    Specific, tangible language significantly increases customer satisfaction and spending.

    Use clear, concrete language.

    Easy to understand. Hard to confuse.

    February Marks a Turnaround for Existing Home Sales

    Sick of waiting for the Federal Reserve to make a move, home buyers and sellers seem to be accepting the market for what it is.

    In February, contracts closed on roughly 4.4 million existing homes, an increase of 9.5% from the month prior
    The median existing-home sales price elevated to $384,500, the eighth consecutive month of year-over-year price gains. However, the sales prices across all US homes jumped only 0.6% from January to February, which resembles pre-pandemic trends

    Changes in the housing market can have far reaching ripples.


    Monday Marketing Links | 031824

    Cookie Deprecation is Coming - Should Advertisers be Worried?

    Apple blocked third party cookies for 100% of traffic back in 2020, and most brands see almost half of their traffic from Safari (!!!) So that impact has already been felt for a while now.

    as long as you’re using ad platforms platforms (Google, Meta, TikTok, Email/SMS) and aren’t super reliant on display networks, there likely won’t be a major impact.

    building out a CDP, beefing up first-party data capture, etc. Those are considered best practices anyway, and will become even more beneficial with all of the privacy changes on the horizon and beyond.

    Cookies crumbled a while ago, Chrome phasing out third-party cookies is just the final nail in the crumb filled coffin.

    Survey: Retailers should focus on loyalty, brand awareness

    The vast majority of retailers believe that their customer experience is at or better than their peers, but new data says otherwise.

    The top three strategic outcomes experienced retailers should be focused on, according to IDC and SAP, are improving customer loyalty (59%), improving brand awareness (50%), and empowering employees with the right data and tools (43%) to improve the customer experience.

    Everyone thinks they’re above average, but that’s not how average works. And there’s usually room for improvement regardless.

    Customer experience is a moat. The better the experience, the bigger the moat.

    Big Tech accounts for nearly two-thirds of the US digital ad market

    Big Tech (Amazon, Apple, Google, Meta, and Microsoft) will attract nearly two-thirds of US digital ad dollars this year

    That’s more than double its share since we began tracking it in 2008.

    LinkedIn plans to add gaming to its platform

    boost the time people are spending on the platform, the company is breaking into a totally new area: gaming.

    tapping into the same wave of puzzle-mania that helped simple games like Wordle find viral success

    one idea LinkedIn appears to be experimenting with involves player scores being organised by places of work, with companies getting “ranked” by those scores.

    Taking a page out of the old Facebook playbook and reinventing Solitaire for the browser-first workforce.

    Money Stuff: Slorg is Sorry He Burnt Slerf

    Basically the way crypto works is that a guy named Slorg makes up a token named Slerf, which is distinguished from other tokens by having a cartoon sloth logo. You send $10 million of Solana crypto tokens to Slorg, and he makes a note to himself that he owes you some Slerfs. Then he accidentally flushes that note down the toilet and, due to the irreversible nature of the blockchain, you get no Slerfs and your money is permanently gone, though Slorg is very sorry.

    And now we know how crypto works!

    mistake was very good for attention, and attention is the true value of any memecoin. So the obvious thing happened and the new tokens that were released shot up around 5,000%.


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