Today in Digital Marketing - Fear and Surprise and Ruthless Counterfeiting Efficiency
Episode Date: August 20, 2024The kettle sues the pot. YouTube's new partnership takes on TikTok. Why Amazon's ads business has been surging lately. And the final ruling: Do hashtags even matter any more?Links to today'...;s stories 📰 Get our free daily newsletter📈 Advertising: Reach Thousands of Marketing Decision-Makers🌍 Follow us on social media or contact us🌟 Rate and Review UsGO PREMIUM!Get these exclusive benefits when you upgrade:✅ Listen ad-free✅ Back catalog of 20+ marketing science interviews✅ Get the show earlier than the free version✅ “Skip to story” audio chapters✅ Member-only monthly livestreams with TodAnd a lot more! Check it out: todayindigital.com/premium✨ Premium tools: Update Credit Card • CancelMORE🆘 Need help with your social media? Check us out: engageQ digital📞 Need marketing advice? Leave us a voicemail and we’ll get an expert to help you free!🤝 Our SlackUPGRADE YOUR SKILLSGoogle Ads for Beginners with Jyll Saskin GalesInside Google Ads: Advanced with Jyll Saskin GalesFoxwell Slack Group and CoursesToday in Digital Marketing is hosted by Tod Maffin and produced by engageQ digital on the traditional territories of the Snuneymuxw First Nation on Vancouver Island, Canada.Some links in these show notes may provide affiliate revenue to us.Our Sponsors:* Check out Kinsta: https://kinsta.comPrivacy & Opt-Out: https://redcircle.com/privacy
Transcript
Discussion (0)
It is Tuesday, August 20th. Today, the kettle sues the pot, YouTube's new partnership takes
on TikTok, why Amazon's ads business has been surging lately, and the final ruling,
do hashtags even matter anymore? I'm Todd Maffin. That's ahead today in Digital Marketing.
YouTube is expanding its partnership with Shopify,
giving creators access to thousands of new brands to tag in their shopping videos.
This marks a big increase from the few hundred brands
that they currently have access to.
All eligible Shopify Plus and advanced merchants in the US
can now sign up for the YouTube Shopping Affiliate Program.
This expanded partnership is really a shot over the bow
at TikTok, which is trying to grow its TikTok shop business in the US to $17.5 billion.
That platform expects to have half a million US merchants on its shop by the end of this year.
YouTube is also launching a new Chrome extension that will let US creators in the affiliate program
save products while browsing a brand or retailer site.
This should make it easier to tag them in videos later.
This expansion of the affiliate program comes as YouTube has increased its e-commerce efforts in recent years
to bring in more revenue amid a slowdown in digital advertising.
In 2023, people watched more than 30 billion hours of shopping-related videos on YouTube,
with a 25% increase in watch time for videos that help people shop.
Google says it's mostly fixed the widespread bug in search ranking that started late last week.
Friday morning, Google reported on its status page that the issue was affecting a large number
of search results.
SE Roundtable reports today
that it's not completely fixed on the backend,
but the front-facing errors have been patched.
So the visible effect, at least, isn't there anymore.
Yesterday, Google search analyst John Mueller
posted on LinkedIn saying, quote,
unfortunately, the team isn't quite happy
with calling it complete just yet. He's talking about the bug there. John Mueller posted on LinkedIn saying, quote, Unfortunately, the team isn't quite happy with
calling it complete just yet. He's talking about the bug there. I don't think there's any visible
effect anymore, though. So we said we'll update again in two days, unquote. The bug apparently
came from the August core update, which rolled out the day prior to all this happening. Google
used to give marketers a lot more detail about what these core updates updated. This time we got a fairly vague description from Mueller, quote, this update
aims to better capture improvements that sites may have made so we can continue to service the
best of the web. This includes small or independent sites that are creating useful original content
on relevant searches, unquote. It wasn't clear exactly how the bug impacted listings,
but it's worth going and checking to see
where your brand sits in a day or two.
And while we're here, an update on that baffling bug
we reported on a couple of weeks back
that saw advertisers running ads for other brands
from Merchant Center, sometimes competitors of theirs.
Some affected marketers are posting screenshots
of emails they've received from Google,
but those who had their ads dropped into other accounts,
Google says it's asked the managers of those accounts
really, really nicely to, you know,
please delete all that stuff and the creative and the data,
which, I mean, I'm sure they did, right? year's growth rate. Amazon's vast user and strong customer intent data allow it to offer highly
targeted advertising. eMarketer has a great breakdown of this space today, quoting one of
their analysts, Jerry Goldman, quote, that's something you can charge quite a bit for. These
are highly motivated, targeted customers, so you're not interrupting them, unquote.
Closed loop measurement and real time feedback about what is and isn't working
is also driving advertiser demand, said Goldman. Quote, that's something advertisers have told me
is a major portion of why they keep coming back to Amazon and why they're willing to spend a lot
more on a per-click basis, unquote. Plus, Amazon's been continually expanding ad placements,
like new spots on Prime Video. That has significant potential,
and it feeds its own data ecosystem. Information from engagement on Prime Video ads gets added to
customer records. This, of course, helps the retail media side of the business. And Amazon
continues to invest heavily in content rights, like its $1.8 billion annual NBA deal starting next year.
In another sign that the social world is going vertical,
Instagram is testing a new vertical grid display on user profiles.
Currently, profiles have both a traditional square-shaped thumbnail image for feed posts
and a separate tab for Reels thumbnails.
This new thing is sort of a
hybrid, where thumbnails are taller, though not quite 16 by 9, and they're all in a single tab.
The new format, of course, better aligning with Reels. In formatting, it essentially translates
the Reels grid to the main feed. Instagram's head Adam Masari explained in a recent Q&A
that this update, or a variation of it, is likely coming to all
users and soon. He said the vast majority of content uploaded to Instagram today is vertical,
either 4x3 photos or 9x16 videos. Cropping these to squares is pretty brutal, he said.
This could change your brand's content strategy if you're one of those which meticulously plans
the layout of that Instagram profile grid,
this is something that isn't as popular to do as it once was.
But several third-party tools like Sprout Social and Buffer both have profile grid preview tools for those who still really want to do this.
Here's another reason to consider dropping hashtags from your brand's organic social media posts.
LinkedIn has introduced semantic matching to its search system,
letting it understand content beyond just keyword hashtags.
This, LinkedIn says, will let it provide more relevant search results,
even if the posts don't contain all the query keywords. LinkedIn measures
the success of its search engine on both topic matching and dwell time. In other words, how much
time people spend reading content that surfaces from a search. The platform says this new system
has led to a significant boost in overall discovery with on-topic rate and long dwells increasing by more than 10%.
This is part of an industry-wide trend.
Platforms from LinkedIn to Facebook to Instagram have relied less on hashtags for discovery
and more on understanding the content using machine learning.
That's probably a good thing for most users, but hashtags certainly have a place for helping
link less obscure content together.
Think of a conference hashtag or those which link content with only videos.
There is, of course, a rebound effect.
Some networks, like Mastodon and Blue Sky, both still use hashtags extensively, as neither
has a single algorithm making the decision on what content surfaces.
So what should marketers do?
Well, if you're running out of space in the post on a major platform,
it's probably fine to drop the hashtags.
No platforms say they penalize posts for having them,
so if you want to include one or two, that's probably just fine.
Just try to use hashtags that don't repeat words in the main post.
Elon Musk's ex continues to see a drop in users.
While the company, which is now private,
no longer shares the volume of data it did when it was public,
it still has some reporting requirements in some regions,
notably the EU.
X's latest report,
provided to comply with the EU Digital Services Act,
shows a 5% decline in European users in the first half of 2024.
Despite this, X has actually seen a 10% increase in logged-in users versus non-logged-in guests
since last year. Some people believe this is likely due to X restricting the number of posts
that non-users can see. The EU data reflects similar trends seen in other reports,
suggesting X is experiencing a slow decline in interest rather than a massive shift.
Similar web data shows UK X usage also steadily declining over time,
while usage on threads that's met as a new competitor to X is slowly rising.
The overall trends could indicate
that Musk's free speech approach
isn't resonating with most users
or perhaps that his own political commentary
is turning people off from the app.
The platform has not added any daily active users
since November of 2022.
Do you have business insurance?
If not, how would you pay to recover from a cyber attack, fire damage, theft, or a lawsuit?
No business or profession is risk-free.
Without insurance, your assets are at risk from major financial losses, data breaches, and natural disasters.
Get customized coverage today starting at $19 per month at zensurance.com.
Be protected. Be Zen. Another possibility of X's slow decline is the perception the ad industry
has of it being an unsafe place for brands. And a new report from the Center for Countering
Digital Hate backs that up. The report found that X displayed ads from major brands alongside misinformation related to the recent UK race riots.
Some of those brands included GlaxoSmithKline, the British Medical Association, and even the International Olympics Committee.
According to the group, five key UK accounts pushing lies and hate amassed 260 million views in the week following the
Southport attack on July 29th. X presented ads for well-known brands near their content.
The CCDH also notes that many of the more incendiary profiles posting about the riots
are part of X's creator ad revenue share program, meaning X is effectively paying these users to post controversial remarks.
Elon Musk himself is amplifying comments from controversial spokespeople,
including a post just yesterday by Tommy Robinson, whose anti-Islamic sentiments
are believed to have played a significant role in sparking the recent riots.
This new report likely won't help boost X's standing with advertisers, many of whom are
already scaling back or halting their X spend due to concerns over their ads appearing next
to harmful content. And finally, pot meet kettle. In a civil complaint filed this morning in the U.S., the Chinese fast fashion
giant Sheen has accused its rival Timu of copying its products and selling counterfeits.
Sheen claims Timu masquerades as a legitimate marketplace while controlling every aspect of
its seller's activity. The lawsuit alleges that Timu reproduces virtually identical copyrighted
images of Sheen products
and uses them as promotional images on its website and mobile app. Sheen also says Timu
is impersonating their company on social media. Sheen itself, of course, has long faced accusations
of design theft from major fashion brands and independent artists. The two retailers have a long history of legal battles.
Last year, Timu sued Sheen,
alleging mafia-style intimidation of manufacturers.
Sheen has also accused Timu of contracting influencers
to make false statements about it.
Sheen is requesting a trial by jury in this case.
And we have a classified ad to wrap up. a trial by jury in this case. Fetica gives you insights you can't get anywhere else. Get free cross-platform scheduling at Fetica.com.
That's F-E-D-I-C-A dot com.
That's it for today. I'm Todd Maffin. Thanks for listening. See you tomorrow.
Nobody expects the Spanish Inquisition.
Two weapons are fear and surprise and ruthless efficiency.
Three weapons are fear and surprise and roof misoficiency
and an almost fanatical devotion to the Pope.
It's the season for new styles
and you love to shop for jackets and boots.
So when you do,
always make sure you get cash back from Rakuten.
And it's not just clothing and shoes.
You can get cash back from over 750 stores
on electronics, holiday travel, home decor, and more. It's not just clothing and shoes. You can get cash back from over 750 stores on electronics, holiday travel, home decor, and more.
It's super easy.
And before you buy anything, always go to Rakuten first.
Join free at rakuten.ca.
Start shopping and get your cash back sent to you by check or PayPal.
Get the Rakuten app or join at rakuten.ca.
R-A-K-U-T-E-N dot C-A.