I kind of love this idea:

How to transform your Google Ads headlines with anti-audiences

To define your anti-audience, think about who’s least likely to say “yes” to your offer:

  • Who doesn’t resonate with your unique selling points?
  • Who clicks your ads but doesn’t become a lead or make a purchase?
  • Who fills out a form but never follows through to become a client or customer?

Your brand can’t be for everyone.
Which means it’s actively not for some.
Lean into that.

Meta recommends 30% of your budget be allocated to Advantage+ Shopping campaigns (if applicable).

Meta rep told me they think it’ll hit at least 60% in the not-too-distant future.

Finished reading: How to Say No by Diogenes 📚

Why “Curious Marketers Club”?

In the words of James Clear:

There are many recipes for success. There is no single way to win. But nearly all recipes include two ingredients: curiosity and drive.

Yup

JPMorgan’s pivot to advertising means all companies are adtechs now

The crumbling of cookies has shifted value from third-party cookies to first-party cookies.

Which means anyone who has customer data can now create an ad platform.

&, as we’ve seen repeatedly lately, ads are where large scale revenue growth happens these days.

via Financial Times

YouTube is big enough that it’s its own category when it comes to how people watch videos

via eMarketer

A chart showing how US viewers watch digital video with over-the-top (OTT) services #1, YouTube second, then subscription OTT. Lagging behind the top 3 is ad-supported video on demand (AVOD), free ad-supported streaming (FAST), and way back is digital pay TV.

Reddit has launched their Meta catalog and Google Shopping ads clone: Dynamic Product Ads.

Very tempted to try these since the forum has taken over Google Search results (part of the licensing deal courtship?).

& there’s this:

Reddit is saying Dynamic Product Ads drove 1.9x greater Return on Ad Spend (ROAS) when compared to conversion objective campaigns, based on the results of testing in Q1.

Reddit is a destination for shopping / product research, why not try to close the loop and turn it into a purchase driver.

via Search Engine Land

The power of influencers continues to grow, but their status as a marketing channel has been recognized and accepted:

“authenticity” as a valued trait in influencers may be on the way out. Only 35% of Gen Z consumers said they cared most about authenticity from influencers, while 47% said they cared about follower count.

Traditional cool may be back in vogue for 2024, and what’s more traditionally cool than popularity?

via Marketing Dive

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

About that TikTok ban

The Senate passed a bill on Tuesday that would restrict the video app TikTok, a historic development in government regulation of social media that’s on track to quickly become law.

It received overwhelming bipartisan support in both chambers of Congress: The Senate passed the package 79-18 and the House approved the TikTok portion of the bill 360-58. President Joe Biden signed the legislation into law Wednesday.

Far from the end of this saga, but this is as real as a ban has seemed so far.

via USA Today

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

A ByteDance ban might be getting closer to reality:

The House once again passed a bill that could ban TikTok from the US unless its Chinese parent company ByteDance divests it — but this time, it’s in a way that will be harder for the Senate to stall.

The bill passed 360-58 as part of a larger bill related to sanctions on foreign adversaries like Russia. It’s part of a package of foreign aid bills that seek to provide military aid to Ukraine and Israel and humanitarian aid to Gaza.

via The Verge

Market your brand the way your brand’s personality would.

What people get stuck on with brand marketing is, “oh, I gotta do billboards or podcast ads or commercials.” & you don’t actually have to do all those things. You have to say what is a different, clever idea that I can afford to do that’s gonna get everybody’s attention.

There is no one size fits all.
& having fun works.
& is way more fun.

via Marketing Against the Grain 📼_

Cookieless ad targeting requires marketers to understand how consumers use their websites

“We’re never going to get back to what [digital advertising] used to be. And the sooner we all embrace that, the easier it will become,”

Times they are a-changin

via eMarketer

Future Forecast on AirChat, the Twitter + Clubhouse lovechild:

people are actually moving away from the big [social media platforms] and looking for more fragmented

Mass culture is dead.
Community rises again.

The Future G.I. Joe Promised

As TV has progressed from ephemeral programming delivered via wires to on-demand catalogs in the ether, the bottleneck has moved from demand to supply. Distribution wars turned into content wars.

This opens the door for brands to become studios (another word for media company).

Imagine Sour Patch Kids is now the new Nickelodeon.

The beauty and benefit of that is, every asset you create can be exploited across everywhere and anywhere but you’re starting with the creation of the product first.

Think Amazon and Apple vs. Max and Paramount+. (& think about the differences in the first-party data these two groups can collect and use.)

The studio becomes a function of marketing, bankrolled by the core product business. Instead of being the primary revenue stream on its own.

Return of the 80s?

The gatekeepers are no longer suits and ties in boardrooms but time and recommendation algorithms. Your brand may not be the next 20th Century Fox but it can become a trusted curator and connector. Or a patron in the Medici mold.

via Future Forecast

Finished reading: The Ghost Writer by Philip Roth 📚

“con-trar-i-an n. an investor who makes decisions that contradict prevailing wisdom, as in buying securities that are unpopular at the time.”

Contrarian as investor?

Oh, I like this idea.

I don’t want to oppose the status quo just to oppose it — I was to invest in what I think is undervalued at the moment.

Almost makes me wish I named this the Contrarian Marketers Club.

But you have to be curious before you can be contrarian (& to stumble on the definition of “contrarian”).

What is your contrarian marketing belief?

via Austin Kleon

This is from Seth Godin‘s daily calendar.

Logos are not brands.
They’re bat signals for the other stans.
A form of visual shorthand.

It’s not about what the logo looks like, it’s about what you make it mean.

The truth about logos&10;Here's a simple test:&10;Ask a few people to name a logo they like.&10;With very few exceptions, people will choose a logo that's associated with a brand they admire.&10;That's because what makes a good logo is a good brand, not the other way around.&10;&10;tuesday&10;april 2024&10;16

On Tuesday, the United Nations financial agency published its latest annual World Economic Outlook, projecting among other things that the US economy this year will grow twice as fast as any of its peers that comprise the G7.

Instead of my excerpting practically the entire piece here, just head over to The Daily Upside and give it a read.

Consumer spending is remaining high, combining with strong jobs reports.

Inflation is still the thing to watch this year and could ruin the party.