Google

    So about them cookies

    Google delays third-party cookie phase-out to 2025 (maybe)

    For the third time, Google has postponed the anticipated deprecation of third-party cookies in its Chrome browser.

    Consider this a grace period to get your plans in order.

    via Search Engine Land

    Temu is spending like crazy on advertising

    “As a result, this increases everyone’s CPA (cost per acquisition) on platforms like Meta and Google because large advertisers like Temu are monopolizing ad inventory and heightening the costs of the advertisers targeting the same audiences.”

    over 9,000 active Temu ads are running across platforms.

    Be prepared for shifts. These systems (Meta’s auction) are volatile, and businesses should always be prepared to pull back when need be, and have a toolkit of options for where to place their online ad dollars.

    2024 gonna be bumpy.

    via Adweek

    In response to the Search Engine Land piece about Google Ad Strength that I responded to, Google says Ad Strength is not used in the auction.

    But!

    Ad Strength looks at 4 categories that have been identified to result in better performance through regression analyses.

    For example, a low Ad Strength could explain a lack of impressions, but low Ad Strength doesn’t prevent ads from entering into auctions.

    It’s a feedback mechanism for creative content and meant to be used as a helpful guide to improve the effectiveness of your ads. Again, it isn’t used directly in the auction.

    Google Ad Strength: Garbage or Nah?

    PPC experts are saying Google’s Ad Strength metric is garbage.

    Google says:

    Ad Strength is at the centre of what we’re trying to do is because creative is going to be incredibly important, and Ad Strength is going to be the mechanism which we use to evaluate that both in Performance Max and channels like search.

    Kraham went on to explain that Ad Strength assesses the breadth and depth of assets within a campaign before assigning a rating. According to Google, breadth and depth of assets is crucial for reaching users across various channels, including SERPs, video display, and other creative opportunities. Google prioritizes breadth and depth of assets as it ensures campaigns are well-equipped to engage users effectively across different platforms and formats.

    Putting on my assumption hat (👒), the quality of your creative determines your results. The quantity (“breadth and depth”) determines your reach (amplification, as I like to think of it).

    The easier you make it for Google to place your ad in all the placement options they have, the more likely they are to choose your ad in the auction (many other algorithmic signals being equal). That means maxing out the:

    • 15 images
    • 5 logos (5?!)
    • 5 videos (make sure you have vertical!)
    • 5 headlines
    • 5 long headlines
    • 1 short description
    • 4 long descriptions

    (ad specs if you need them)

    Part of our job as digital marketers is to be algorithm wranglers, feeding the robots.

    ———

    No matter what you think about Ad Strength, heed this advice:

    one of things you need to be aware of is Google’s recommendations are not necessarily the best things for your account

    These recommendations are not personalized for your account. And are typically based on Very Large Accounts.

    via Search Engine Land

    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%.

    Friday Marketing Links | 031524

    1. TikTok’s potential U.S. ban stirs marketers, spurs contingency planning

    Meta could capture between 22.5% and 27.5% of TikTok’s U.S. ad revenues in the event of a ban.

    YouTube stands to gain an additional $1.24 billion to $1.53 billion, with $410 million to $500 million of TikTok’s ad revenues redirected to Google’s display and search businesses

    One of the early thought exercises I was given at Blue Ion was: what happens if Meta was shut down tomorrow?

    It’s a good question to occasionally ask about any important distribution channels.

    1. Apple Buys Canadian AI Startup as It Races to Add Features

    DarwinAI has developed AI technology for visually inspecting components during the manufacturing process and serves customers in a range of industries. But one of its core technologies is making artificial intelligence systems smaller and faster. That work that could be helpful to Apple, which is focused on running AI on devices rather than entirely in the cloud.

    Apple was launching Vision Pro while the rest of the Valley Giants were pivoting to AI. But the benefit of a massive bank account is the ability to buy whatever you want.

    Apple has also been really secretive about their AI plans, claiming “disclosure of strategic plans and initiatives harmful to our competitive position and would be premature in this developing area.”

    Apple is at the forefront of ambient computing, and on-device AI will be a key component. Plus, Apple is the only one of the giants that isn’t really a cloud company and is most definitely a hardware company.

    1. Report Finds No Correlation Between Social Media Engagement and Content Readership

    Social media apps are gradually becoming more valued as entertainment sources, while actual interaction shifts to smaller, enclosed chats and communities.

    Notice how all the platforms focus on “discovery.”

    Across all the articles and topics we analyzed, we found no clear connection between social engagement and actual readers of the news.

    Understand vanity metrics vs. brand metrics vs. performance metrics.

    1. Podcast Frenzy Report

    podcasting is taking over traditional media consumption time, with respondents reporting 28% of them watch less TV and 24% browse social media less often. Gen Z podcast discovery is a mix of methods. 46% of Gen Z respondents rely on social media recommendations, and 33% of younger Gen Z browse top charts and “best of” podcast lists.

    Audio! Audio! Audio!

    1. What We Learned About Creative From Analyzing $3M in Podcast Media by Caroline Culbertson

    Findings include midrolls outperforming both pre-rolls and post-rolls for placement. A quiet value-add for host-read contracts is hosts tend to go over their contracted ad length. Right Side Up found the sweet spot for “60 second” host-read ad performance was host-read creatives that landed between one to three minutes.

    Podcasts foster parasocial relationships which gives host-read ads some extra oomph in the persuasion department.

    1. The bad ad ecosystem: Here’s what the research says

    five types of bad ads, each varying in harm for the marketer: malicious ads, spoofed ads, scam ads, heavy ads and miscategorized ads.

    The easiest thing is [ad buys] are cheap. [Bad ad creators] don’t wanna spend a ton of money on it. So they proliferate in places with really low CPMs

    marketers should work on making good ads. Ensuring the proper ads for the right environments is key, along with keeping on top of creative

    1. Layoffs could be coming as debt-laden firms navigate the pain of higher rates, economists say

    Higher rates spell trouble for US companies with near-term debt maturities.

    Rate changes and inflation measures are the important indicators this year.

    Are the algorithms starting to turn on generative AI?

    Google has updated Search to derank spam including:

    • Scaled content abuse (aka made by AI)
    • Site reputation abuse (junk third-party content on quality sites)
    • Expired domain abuse (grabbing an expired domain and starting a spam farm)

    The goal is to:

    better understand if webpages are unhelpful, have a poor user experience or feel like they were created for search engines instead of people. This could include sites created primarily to match very specific search queries.

    This change actually has teeth too, with plenty of manual actions.

    Another Podcast’s episode Google Gemini and AI bias unpacks the weights and training data stuff I briefly mentioned yesterday.

    Hidden patterns in data and models as bias amplifiers.

    Also the excellent quote “the fake is in the caption,” because what is a prompt but a caption for a future image?

    Quick Hit Google Bits

    Google Analytics 4 launches new trend detection insight

    trend change detection focuses on slower changes happening over a longer time. This gives users a detailed view of data changes, making it a useful tool to spot both quick and long-term trends.

    GA4 is introducing two dedicated spaces – one for marketers to track and analyze campaigns, and another for behavioral insights.

    • The Reports section provides insights into how users engage with your websites and apps so you can improve your product and user experience.
    • The Advertising section will become the hub to monitor and analyze your campaigns whether you’re a publisher or an advertiser.

    Reddit signs AI content licensing deal with Google

    reportedly paying Reddit $60 million per year to train its artificial intelligence models (e.g., Gemini).

    OG journo-blogger Matt Welch on legacy media, like the Village Voice & LA Times:

    Never could adapt to the new reality. It’s a success curse.

    When you’re making that much money, you’re that powerful, the people who work for you—including yourselves—are not going to solve the industry once the industry turns and changes.

    This is not just a media problem.

    Same could be said of Google right now.

    How do you change when the change threatens your business model?

    Walmart is in talks to acquire Vizio, which sells a popular line of value-priced smart TVs that include an ad-supported free streaming service

    which

    could make Walmart a significant player in the connected-TV advertising business, competing with the likes of Roku, Amazon and Google/YouTube

    via Variety

    When users say “platform,” we mean software (increasingly cloud-based).

    When platforms say “platform,” they mean hardware.

    Every major ad platform wants a hardware platform of their own. For that sweet, sweet first-party data & to not be beholden to someone else (especially a competitor).

    I’m turning into a Google bear 🐻

    An antitrust trial this fall

    Shedding services

    Competition from OpenAI: Develops Web Search Product in Challenge to Google

    Arc Search getting buzz (I’ve used it & can easily see this being a glimpse of search’s future)

    & now Nvidia passes Google’s market cap

    Earlier this month I asked if Google was now Microsoft.

    Magic 8 ball says “Signs point to yes” 🎱

    via Inside:

    A U.S. federal judge has scheduled an antitrust trial against Google for Sept. 9, 2024. The U.S. Department of Justice (DOJ) lawsuit targets the search giant’s alleged monopoly over online advertising.

    If, like Microsoft, Big G limits/unwinds development to avoid more antitrust actions, we may have seen the last of Google as portal to the Internet.

    & yes, it’s an existing trend that is accelerating.

    & yes, Microsoft pulled a phoenix so it’s not necessarily The End.

    The cookie has crumbled and the replacement isn’t out of the oven yet. At least in the short term, ad platforms are turning to Enhanced Conversions.

    A Google rep recommended this to me to avoid losing signal after Chrome sunsets them for good this summer.

    From Microsoft:

    With Enhanced conversions, you can supplement existing conversion measurements by using privacy-safe customer first-party data, such as email and phone number.

    Sounds like the digital ad market is doing just fine

    Meta’s fourth-quarter ad sales jumped 24% from a year earlier to $38.7 billion, while Amazon’s booming ad unit rose 27% to $14.7 billion. Meanwhile Alphabet, still the market leader, saw its Google ad business rise 11% to $65.5 billion, boosted by 16% growth at YouTube.

    via CNBC

    Seemed like Google wanted to be a platform for everything you might need to do on the web. (Which meant more vectors for data collection to fuel the revenue generator: ads.)

    Now it is starting to replace Big G products with third-party integrations (Search cache, A/B testing).

    Is it now Microsoft?

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