Today in Digital Marketing - I've Got Ads in Low Places
Episode Date: November 29, 2023Ad revenue is climbing, and 2023 might turn out to be a banner year for the industry after all. YouTube brings Shorts ads to more brands. LinkedIn has updated marketing tools for B2B advertisers. And ...why are government ads appearing on porn sites? Apparently, someone forgot to uncheck the Opt-Out checkbox..đ° Get our free daily newsletterđ Advertising: Reach Thousands of Marketing Decision-Makersđ Follow us on social media or contact us.GO PREMIUM!Get these exclusive benefits when you upgrade:â  Listen ad-freeâ  Meta Ad platform updates with Andrew Foxwellâ  Google Ad platform updates with Jyll Saskin Galesâ Back catalog of 20+ marketing science interviewsâ Get the show earlier than the free versionâ Story links in show notesâ âSkip to storyâ audio chaptersâ Member-exclusive Slack channelâ Member-only monthly livestreams with Todâ Discounts on marketing toolsâ ...and a lot more!Check it out: todayindigital.com/premium¡GET MORE FROM USđ Need help with your social media? Check us out: engageQ digitalđď¸ Our other podcast "Behind the Ad"đ° Our âThe Top Storyâ LinkedIn newsletterđ¤ Our Slack communityâ Review the podcast¡UPGRADE YOUR SKILLS⢠Inside Google Ads with Jyll Saskin Gales⢠Google Ads for Beginners with Jyll Saskin Gales⢠Foxwell Slack Group and CoursesSome links in these show notes may provide affiliate revenue to us.¡Today 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.Our Sponsors:* Check out Kinsta: https://kinsta.comPrivacy & Opt-Out: https://redcircle.com/privacy
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It is Wednesday, November 28th. Today,
ad revenue is climbing and 2023 might turn out to be a banner year for the industry after all.
YouTube brings shorts ads to more brands. LinkedIn has updated marketing tools for B2B advertisers.
And why are government ads appearing on porn sites? Apparently, someone forgot to uncheck the opt-out checkbox.
I'm Todd Maffin. That's ahead today in digital marketing.
Is the bounce back officially underway?
Digital ad revenue is exceeding expectations in 2023, according to new economic forecasts by industry analyst Brian Weiser. The growth rate
is now projected at 5.9%, nearly 1% higher than previously expected. This comes from an overall
increase in spend, of course, but particularly from e-commerce companies and cross-border platforms,
primarily manufacturers in China. Weiser told Marketing Brew that he expects
e-commerce retailers will spend an average of $4 on ads for every $1 that a traditional retailer
spends. Commerce platforms like Amazon and Walmart are way up a nearly 23% increase in ad revenue.
The report also mentioned that part of the growth is from AI-based ad tools from Google
and Meta, both of which's automated ad systems are performing better than expectations. Holiday
spending is expected to rise by 3-4% this year, aligning with pre-pandemic averages.
YouTube is broadening the availability of its shorts ads,
moving beyond the beta phase to reach more advertisers.
Marketers can now select shorts as a video format
and integrate them with existing in-stream and in-feed ads.
This is, of course, welcome news for brands
which have been wanting their content to be seen
alongside the trendiest videos.
The rollout is still happening
with some accounts still
awaiting access. Here's how to see whether or not you have it in your YouTube ads account.
Create a campaign, then choose create a campaign without a goals guidance. Select video. And if
you have it, you will find it under video in the efficient reach section. While this is all good
news, one thing to note, YouTube's select run of shorts lineups
remains in invite only beta. LinkedIn is rolling out a few new items, including a new conversions
API, often called CAPI in our world. With LinkedIn's CAPI, you can choose between direct
API integration and partner integration. You can connect both
your online and offline data to LinkedIn, letting you see how your campaigns influenced actions
taken on your website, sales completed over the phone, or leads collected in person at, say,
an event. LinkedIn says it's privacy compliant, doesn't rely on third-party cookies, and if you
use the conversions API with their insight tag,
you'll get an even more complete view of your conversion tracking.
Also added, website actions, which let marketers track and retarget button clicks
without complex event tracking setups.
And document ads, an ad format unique to LinkedIn,
now includes retargeting capabilities and new objectives like website
visits and conversions. If you ask someone what's on TikTok and they answer short videos of teens
dancing, well, it's safe to write that person off as someone who has no idea what they're talking
about. Content wise, it's a full spectrum from DIY construction to AI ethics to parrot care and everything else.
And while it's true that TikTok videos started short, the app has been increasing its maximum limit lengths.
Now, it's trying to get creators on board to produce longer content,
similar to what's found on platforms like YouTube.
At a recent event at its New York office, TikTok told creators that longer videos could
lead to increased earnings.
It revealed that users are now spending half of their time on videos longer than a minute,
and creators posting longer content have seen a five-fold increase in follower growth rate
compared to those who only post short videos.
This strategic
shift is somewhat of a role reversal as platforms like YouTube had previously adapted to compete
with TikTok's short video format. 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.
Well, this is embarrassing. Google Ads is under some scrutiny after a report revealed that ads paid for by U.S. and EU government agencies
appeared on rather controversial websites, including sexually explicit sites,
and those in Iran and Russia potentially breaching economic sanctions.
The report from Analytics highlights concerns about the lack of awareness among ad buyers around where their ads are displayed. The issue stems from Google's
Search Partner Network, which extends ad reach beyond Google's own websites to a wider range
of other websites. This placement is on by default, though advertisers do have the option to opt out.
The findings have prompted calls for more government involvement in online ad industry regulation.
For its part, Google questioned the report's methodology, but did acknowledge some findings,
and says it's taken steps to prevent certain sites from receiving its ads.
And finally, if you haven't checked in on your Google Drive in a while, you may want to
check in briefly as some users say they've lost data with files reverting to a state from back in
May. This issue seems to be happening for those who use the Google Drive desktop application and
to be clear, only a very small group of those. Google advises users
not to disconnect their accounts or delete or move the app data folder, suggesting an attempt
to preserve any remaining file cache. The problem appears to be a sync issue, but the exact cause is
unclear. Drive for desktop operates in two modes, traditional mirroring and file stream.
In file stream mode, most files are not stored locally, but are shortcuts to cloud-stored files, which could lead to data loss if the cloud data is compromised.
We are back from Vancouver.
My wife and I were over there Monday and Tuesday for a surgery that she had.
She's doing well.
But she can't be in the hot tub for eight weeks.
She's gagged.
Follow us on threads.
We are at Today in Digital Marketing.
Or you can follow my personal account at Todd Mappin.
Thanks for listening.
See you tomorrow. Baby girl, let's be honest. Cause my love is sincere. Look, baby girl, let's be honest. Make the pain disappear.
Look, baby girl, let's be honest.
I love you and it's real.
Look, baby girl, let's be honest.
It's obvious I want you near.
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