Want to Buy a Scrunchie Mask? Great. But Forget About That N95.

Scientists are urging Americans to upgrade their face coverings. But Amazon, Google and Facebook restrict the sale of medical-grade masks. Critics say the rules are outdated.

#amazon-com-inc, #e-commerce, #facebook-inc, #google-inc, #masks, #online-advertising, #protective-clothing-and-gear, #united-states, #vaccination-and-immunization

0

Big Tech’s Next Big Problem Could Come From People Like ‘Mr. Sweepy’

Government antitrust lawsuits have created openings for numerous private cases against Big Tech, with more expected to come. If successful, the cases could cost them dearly.

#advertising-and-marketing, #antitrust-laws-and-competition-issues, #computers-and-the-internet, #facebook-inc, #google-inc, #online-advertising, #suits-and-litigation-civil

0

Maryland Nears Country’s First Tax on Big Tech’s Ad Revenue

Analysts estimate that the tax would generate up to $250 million for schools in the state in the first year. It would also probably face fierce legal challenges.

#corporate-taxes, #hogan-lawrence-j, #law-and-legislation, #maryland, #online-advertising, #state-legislatures, #taxation, #vetoes-us

0

Why Is Facebook Rejecting These Fashion Ads?

The automated intelligence systems of Instagram and Facebook have repeatedly denied ads placed by small businesses that make stylish clothing for people with disabilities.

#adaptive-fashion, #artificial-intelligence, #corporate-social-responsibility, #disabilities, #discrimination, #facebook-inc, #fashion-and-apparel, #online-advertising, #social-media, #your-feed-fashion

0

The Economic Case for Regulating Social Media

The core business model of platforms like Facebook and Twitter poses a threat to society and requires retooling, an economist says.

#antitrust-laws-and-competition-issues, #conspiracy-theories, #facebook-inc, #freedom-of-speech-and-expression, #fringe-groups-and-movements, #hate-speech, #online-advertising, #political-advertising, #regulation-and-deregulation-of-industry, #rumors-and-misinformation, #social-media, #twitter, #united-states-economy, #united-states-politics-and-government, #youtube-com

0

Reddit, the Talk of the Internet, Raises $250 Million

The start-up, which was at the center of a recent stock market frenzy, was valued at $6 billion in the new funding round.

#advertising-and-marketing, #huffman-steve-1983, #online-advertising, #reddit-inc, #rumors-and-misinformation, #social-media, #start-ups, #stocks-and-bonds, #super-bowl, #venture-capital

0

Reddit’s 5-Second Ad Was an Unlikely Super Bowl Winner

Other companies spent millions on ambitious commercials made for advertising’s biggest day. Reddit’s blip of an ad, made in under a week, connected.

#advertising-and-marketing, #gamestop-corporation, #online-advertising, #r-ga, #reddit-inc, #social-media, #stocks-and-bonds, #super-bowl, #television

0

New Democratic Ad Campaign Ties G.O.P. to QAnon

The Democratic Congressional Campaign Committee has started a $500,000 effort on television and online portraying House Republicans as aligned with Marjorie Taylor Greene and QAnon conspiracy theories.

#conspiracy-theories, #democratic-congressional-campaign-committee, #fringe-groups-and-movements, #greene-marjorie-taylor-1974, #mitch-mcconnell, #online-advertising, #political-advertising, #qanon, #republican-party, #states-us, #trump-donald-j, #united-states-politics-and-government

0

Facebook Said to Consider Suing Apple Over App Store Practices

The social network has discussed an antitrust lawsuit against Apple, as tensions grow between the companies over how each treats consumer data.

#antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #cook-timothy-d, #data-mining-and-database-marketing, #facebook-inc, #mobile-applications, #online-advertising, #privacy, #social-media, #software, #suits-and-litigation-civil

0

Shopalyst aims to make e-commerce advertising more effective

Indian startup Shopalyst has officially launched a new platform that it calls the Discovery Commerce Cloud, which it says can help retailers take full advantage of digital advertising.

Co-founder and CEO Girish Ramachandra told me that Shopalyst was created to allow for “one seamless journey for the shopper” across advertising and e-commerce — something he said current systems are not currently designed to support.

The startup’s first product was a “universal buy button,” and Ramanchandra said that has “naturally progressed” into a broader set of tools for cross-platform advertising, which Shopalyst has been beta testing for the past year.

The Discovery Commerce Cloud consists of five modules, which Ramanchandra said work best together but can also be purchased separately. That includes:

  • a market intelligence product with information about what consumers are searching for and what’s popular on media and e-commerce platforms
  • an audience intelligence product to target ads based on audience interest, behavior and purchase intent
  • a Universal Ads Manager to deliver ads across Google Ads, DV360, Facebook, Instagram, Amazon Ads, Twitter and TikTok
  • a landing page builder that can support instant checkout on a brand’s own direct-to-consumer site, comparison shopping across e-commerce marketplaces, instant delivery or a physical store locator
  • real-time metrics that measure the full customer funnel

Shopalyst header

Image Credits: Shopalyst

Ramachandra also noted that the ads created in the Universal Ads Builder optimized to each platform, with dynamically generated creative based on audience data. And by using the landing page builder, brands are also able to gather new data about the audience’s “shopping actions.”

“In the past, [brands] didn’t have shopping actions, because retailers don’t share that data back with them,” he said. “That is all changed. Now they’re able to acquire first-party data [from Shoplalyst], which will help them use the right advertising in future campaigns.”

Shopalyst customers include Unilever, Nestle, Diageo, Nivea, L’Oreal and Estee Lauder. And while the startup was initially focused on its home market of India, the platform is now available across 30 countries.

Shopalyst also says that in beta testing, campaigns run through the Discovery Commerce Cloud have seen up to a 3X improvement in targeting relevance, a 5X increase in audience attention and an 8X increase in ad-activated shopping trips.

#advertising-tech, #e-commerce, #marketing, #online-advertising, #startups, #unilever

0

Investors Push Home Depot and Omnicom to Steer Ads From Misinformation

Companies have struggled to keep their ad dollars from going to online outlets that promoted fraudulent theories about the 2020 election.

#advertising-and-marketing, #home-depot-inc, #newsguard-technologies-inc, #omnicom, #online-advertising, #proctergamble-co, #rumors-and-misinformation, #storming-of-the-us-capitol-jan-2021

0

Behind a Secret Deal Between Google and Facebook

Facebook was going to compete with Google for some advertising sales but backed away from the plan after the companies cut a preferential deal, according to court documents.

#advertising-and-marketing, #attorneys-general, #computers-and-the-internet, #facebook-inc, #google-inc, #online-advertising, #suits-and-litigation-civil, #zuckerberg-mark-e

0

Now Social Media Grows a Conscience?

Facebook and Twitter are taking action. It’s too little, too late.

#facebook-inc, #online-advertising, #rumors-and-misinformation, #social-media, #storming-of-the-us-capitol-jan-2021, #twitter, #united-states

0

These 6 browser extensions will protect your privacy online

The internet is not a private place. Ads try to learn as much about you to sell your information to the highest bidder. Emails know when you open them and which links you click. And some of the biggest internet snoops, like Facebook and Amazon, follow you from site to site as you browse the web.

But it doesn’t have to be like that. We’ve tried and tested six browser extensions that will immediately improve your privacy online by blocking most of the invisible ads and trackers.

These extensions won’t block every kind of snooping, but they will vastly reduce your exposure to most of the efforts to track your internet activity. You might not care that advertisers collect your data to learn your tastes and interests to serve you targeted ads. But you might care that these ad giants can see which medical conditions you’re looking up and what private purchases you’re making.

By blocking these hidden trackers from loading, websites can’t collect as much information about you. Plus by dropping the unnecessary bulk, some websites will load faster. The tradeoff is that some websites might not load properly or refuse to let you in if you don’t let them track you. You can toggle the extensions on and off as needed, or you could ask yourself if the website was that good to begin with and could you not just find what you were looking for somewhere else?

HTTPS Everywhere

We’re pretty much hardwired to look for that little green lock in our browser to tell us a website was loaded over an HTTPS-encrypted connection. That means the websites you open haven’t been hijacked or modified by an attacker before it loaded and that anything you submit to that website can’t be seen by anyone other than the website. HTTPS Everywhere is a browser extension made by the non-profit internet group the Electronic Frontier Foundation that automatically loads websites over HTTPS where it’s offered, and allows you to block the minority of websites that don’t support HTTPS. The extension is supported by most browsers, including Chrome, Firefox, Edge, and Opera.

Privacy Badger

Another extension developed by the EFF, Privacy Badger is one of the best all-in-one extensions for blocking invisible third-party trackers on websites. This extension looks at all the components of a web page and learns which ones track you from website to website, and then blocks them from loading in the browser. Privacy Badger also learns as you travel the web, so it gets better over time. And it requires no effort or configuration to work, just install it and leave it to it. The extension is available on most major browsers.

uBlock Origin

Ads are what keeps the internet free, but often at the expense of your personal information. Ads try to learn as much about you — usually by watching your browsing activity and following you across the web — so that they can target you with ads you’re more likely to click on. Ad blockers stop them in their tracks by blocking ads from loading, but also the tracking code that comes with it.

uBlock Origin is a lightweight, simple but effective, and widely trusted ad blocker used by millions of people, but it also has a ton of granularity and customizability for the more advanced user. (Be careful with impersonators: there are plenty of ad blockers that aren’t as trusted that use a similar name.) And if you feel bad about the sites that rely on ads for revenue (including us!), consider a subscription to the site instead. After all, a free web that relies on ad tracking to make money is what got us into this privacy nightmare to begin with.

uBlock Origin works in Chrome, Firefox, and Edge and the extension is open source so anyone can look at how it works.

PixelBlock & ClearURLs

If you thought hidden trackers in websites were bad, wait until you learn about what’s lurking in your emails. Most emails from brand names come with tiny, often invisible pixels that alerts the sender when you’ve opened them. PixelBlock is a simple extension for Chrome browsers that simply blocks these hidden email open trackers from loading and working. Every time it detects a tracker, it displays a small red eye in your inbox so you know.

Most of these same emails also come with tracking links that alerts the sender which links you click. ClearURLs, available for Chrome, Firefox and Edge, sits in your browser and silently removes the tracking junk from every link in your browser and your inbox. That means ClearURLs needs more access to your browser’s data than most of these extensions, but its makers explain why in the documentation.

Firefox Multi-Account Containers

And an honorary mention for Firefox users, who can take advantage of Multi-Account Containers, built by the browser maker itself to help you isolate your browsing activity. That means you can have one container full of your work tabs in your browser, and another container with all of your personal tabs, saving you from having to use multiple browsers. Containers also keep your private personal browsing separate from your work browsing activity. It also means you can put sites like Facebook or Google in a container, making it far more difficult for them to see which websites you visit and understand your tastes and interests. Containers are easy to use and customizable.

#ad-blocking, #apps, #browser-extension, #electronic-frontier-foundation, #facebook, #firefox, #google, #google-chrome, #online-advertising, #privacy, #software, #web-browsers

0

Do Kids Really Need to Learn to Code?

In India, parents are being aggressively sold the idea that their children must start coding at 4 or 5 or be future failures.

#children-and-childhood, #e-learning, #education-k-12, #india, #online-advertising, #parenting, #quarantine-life-and-culture, #uttar-pradesh-state-india

0

Brad Parscale Fell From Trump’s Favor. Now He’s Plotting a Comeback.

Mr. Parscale, President Trump’s former campaign manager, was angry after he was demoted last summer, and wanted out of politics. That didn’t last long. He is starting a new political data company.

#content-type-personal-profile, #facebook-inc, #online-advertising, #parscale-brad-1976, #political-advertising, #presidential-election-of-2016, #republican-party, #social-media, #trump-donald-j, #united-states-politics-and-government

0

The Antitrust Case Against Big Tech, Shaped by Tech Industry Exiles

Regulators are relying on insiders like Dina Srinivasan, who left her digital ad job after concluding that “Facebook and Google were going to win and everybody else is going to lose.”

#advertising-and-marketing, #antitrust-laws-and-competition-issues, #attorneys-general, #computers-and-the-internet, #facebook-inc, #google-inc, #james-letitia, #justice-department, #online-advertising, #paxton-ken, #regulation-and-deregulation-of-industry

0

Facebook Takes the Gloves Off in Feud With Apple

The social network said it opposed changes that Apple was making to the tracking of apps and would provide information for an antitrust complaint against the iPhone maker.

#advertising-and-marketing, #apple-inc, #computers-and-the-internet, #cook-timothy-d, #data-mining-and-database-marketing, #facebook-inc, #mobile-applications, #online-advertising, #privacy, #small-business, #social-media, #software, #zuckerberg-mark-e

0

States Plan to Accuse Google of Illegal Monopoly in Online Ads

The Texas attorney general said a coming lawsuit would focus on the advertisements that generate the vast majority of the company’s profits.

#antitrust-laws-and-competition-issues, #google-inc, #online-advertising, #paxton-ken, #regulation-and-deregulation-of-industry

0

Big Tech Turns Its Lobbyists Loose on Europe, Alarming Regulators

Silicon Valley is building a powerful influence industry in Brussels, which has “never seen this kind of money” spent this way.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #data-mining-and-database-marketing, #economic-conditions-and-trends, #european-commission, #facebook-inc, #google-inc, #law-and-legislation, #legislatures-and-parliaments, #lobbying-and-lobbyists, #microsoft-corp, #online-advertising, #regulation-and-deregulation-of-industry, #social-media

0

Trump Administration Plans a Rushed Effort to Encourage Americans to Be Vaccinated

A large-scale public education campaign, delayed by false starts and investigations, will get off the ground just as the coronavirus vaccine becomes available to high-risk Americans.

#azar-alex-m-ii, #caputo-michael-r, #celebrities, #coronavirus-2019-ncov, #coronavirus-risks-and-safety-concerns, #fauci-anthony-s, #health-and-human-services-department, #online-advertising, #polls-and-public-opinion, #trump-donald-j, #united-states-politics-and-government, #vaccination-and-immunization, #weber-mark

0

Google will let you turn off YouTube ads for alcohol and gambling

If you’ve ever had a Father’s Day ad offering great deals for your dead dad sail into your inbox, you know that online advertising can be disturbing sometimes. Children’s gifts for people struggling to get pregnant, pet toys for your deceased doggo, the list goes on.

Google is taking a small but helpful step to help people control what ads they run into. Starting with YouTube in the U.S., users will be able to toggle off ads for alcohol and gambling — two subjects that are very sensitive for a big swath of people. The new option will roll out to Google Ads and non-U.S. YouTube early next year.

In a blog post Thursday, the company said that it would add the option to its ad settings controls, which already allow people to turn off targeted advertising altogether. Technically Google says that uses who opt to limit gambling and booze ads will see “fewer” of them, but that language is likely allowing for anything that slips through accidentally.

As a sober person, this is a helpful decision for a lot of people I know who’d rather not run into booze deals online out of the blue. More of this please!

#ad-tech, #addiction, #advertising-tech, #alcohol, #gambling, #google, #online-advertising, #tc

0

Inside the Battle Between Biden and Facebook

What if neutrality isn’t neutral?

#biden-joseph-r-jr, #democratic-party, #facebook-inc, #online-advertising, #political-advertising, #presidential-election-of-2020, #rumors-and-misinformation, #social-media, #zuckerberg-mark-e

0

Facebook Accused of Breaking Antitrust Laws

Regulators are accusing the company of buying up rising rivals to cement its dominance over social media.

#antitrust-laws-and-competition-issues, #computers-and-the-internet, #facebook-inc, #federal-trade-commission, #instant-messaging, #james-letitia, #online-advertising, #regulation-and-deregulation-of-industry, #simons-joseph-j, #social-media, #states-us, #suits-and-litigation-civil

0

Boost ROI with intent data and personalized multichannel marketing campaigns

Coronavirus is causing large and small businesses to drastically cut marketing budgets. In Forrester’s self-described “most optimistic scenario,” the analysts project a 28% drop in U.S. marketing spend by the end of 2021. Even Google is cutting its marketing budget in half. As marketers move forward, Forrester predicts marketing automation platforms will grow despite an overall decline in marketing technology investment.

Automation platforms help marketers scale their communications. However, scaling communications is not a substitute for intimacy, which all humans crave. Because of the pandemic, it is harder than ever to get attention, let alone make a connection. More mass email blasts from your marketing automation platform are not going to get you the connections with prospects you crave. So how should marketers proceed? Direct mail captures 100% of your audience’s attention. It provides a sensory experience for your prospects and customers, and that helps establish an emotional connection.

Winning marketers are strategically merging automation and digital data with the more intimate channel of direct mail. We call this tactile marketing automation (TMA).

TMA is the integration of direct mail or personalized swag with a marketing automation platform. With TMA, a marketer doesn’t have to think about creating direct mail campaigns outside of digital campaigns. Rather, direct mail experiences are already fully integrated into the pre-built customer journey.

TMA uses intent data to inform content, messaging and the timing of direct mail touchpoints that maximize relevancy and scalability. Multichannel campaigns including direct mail report an ROI 18 percentage points higher than those without direct mail. Plus, 84% of marketers state direct mail improves multichannel campaign performance.

Read on to see how you can merge digital communications and direct mail to deliver remarkable experiences that spark a connection.

Incorporate intent data

Personalization is a key ingredient of a remarkable experience. Many marketers automate processes by introducing marketing software and then call it personalization. But, oftentimes it’s just quicker batching and blasting. Brands can’t just change the first name on a piece of content and call it “personalized.” Real personalization is necessary and vital for real results. Our consumers expect more. The best way to introduce real personalization within a marketing mix is to use intent data and trigger-driven campaigns.

#digital-marketing, #direct-marketing, #ecommerce, #email-marketing, #marketing, #marketing-automation, #online-advertising, #personalization, #startups

0

‘Thumb-Stopping.’ ‘Humaning.’ ‘B4H.’ The Strange Language of Modern Marketing.

The ad business is overrun with buzzwords and acronyms, and some people are saying it’s enough already.

#advertising-and-marketing, #english-language, #grammar, #language-and-languages, #media, #online-advertising

0

The downfall of ad tech means the trust economy is here

2020 has brought about much-needed social movements. In June, activists launched the Stop Hate for Profit campaign, a call to hold social media companies like Facebook accountable for the hate happening on their platforms.

The idea was to pull advertising spending to wake these social platforms up. More than 1,200 businesses and nonprofits joined the movement, including brands such as The North Face, Patagonia and Verizon. I led my company, Cheetah Digital, to join alongside some of our clients like Starbucks and VF Corp.

Stop Hate for Profit highlighted social media hitting its tipping point. Twitter and Snapchat chose to stand up against hate speech, banning political ads and taking action to flag misinformation. Facebook, unfortunately, has not yet been as proactive, or at best it’s been sporadic in its response.

While many thought the movement would come and go, the reality is it has only just begun. With America conducting arguably its most divisive election in history, these problems won’t just go away. For marketers, Stop Hate for Profit is more than a social movement — it is pointing to an issue with ad tech as a whole.

I believe we are seeing the downfall of ad tech as we know it with social media boycotts and data privacy leading the charge.

The social media quagmire

In May, Forrester released a report titled “It’s OK to Break Up with Social Media” that contained statistics indicating that consumers are fed up with social media: 70% of respondents said they don’t trust social media platforms with their data. Only 14% of consumers believe the information they read on social media is trustworthy. 37% of online adults in the U.S. believe social media does more harm than good.

Here is the reality we need to get back to: Social media isn’t built for marketers to reach consumers. In the beginning of the social media craze, brands rushed to get on board and join the conversations. What many brands discovered is these channels became a platform for customer complaints not for building positive brand perception. Furthermore, the social platforms marketers flocked to as an avenue to reach customers began charging marketers just to get to the customers.

The algorithms that define what content you see unfortunately make it harder for people to see opposing views, and this more than anything else polarizes society further. If you start looking at QAnon content, very soon that’s all the algorithms feed you. You might spend more time on social platforms fueling their ad dollars, but you have also lost a grip on reality. Marketers must admit things have gone too far on social media and it is okay to move on.

Privacy matters

Imagine you are in need of a minor surgery. Perhaps you take an Uber ride to the specialist for a consultation. Next, you go get the surgery and it is successful. Soon you find yourself at home recovering and all is well. That is, until you start scrolling Facebook. Suddenly advertisements pop up for medical malpractice lawyers, but you haven’t told anyone about the surgery and you certainly didn’t post about it on social media.

Here you are, just wanting to rest and recover at home, but instead you are being bombarded by advertisements. So how did those ads get there? You left a digital footprint, your data was sold and now you’re being hit with intrusive ads. To me, this story crystallizes the abuse ad tech has been fostering in the world around us. There’s an utter invasion of privacy and consumers aren’t blind to it.

Data privacy has been a focus of conversation for marketers for several years now. Just this year, America saw the California Consumer Privacy Act (CCPA) go into effect and become enforceable. This legislation gives back control of data to the consumer. In June, Apple announced updates to make it harder for apps and publishers to track location data and use it for ad targeting. At the beginning of August, Meredith and Kroger announced a partnership to provide first-party sales data for advertising efforts in an attempt to move off of cookies. It is clear data privacy is not a fad going away anytime soon.

Where do marketers go from here?

I believe the future of marketing is the trust economy. The Stop Hate for Profit campaign, the invasion of privacy and shifting attitudes and behaviors of consumers point to the end of an era where marketers relied upon third-party data. Trust is now the most impactful economic power, not data. We conducted research earlier this year with eConsultancy, and our findings revealed that 39% of U.S. consumers don’t like personal ads driven from cookie data. People don’t want to be tracked and targeted as they click around the web. Ad tech’s roof is caving in and marketers must adjust.

The old methods of marketing won’t carry you through into the era of the trust economy. It is time to look to new channels and revisit old channels. We have to shift back to the channels where we own what is being said. Advertising on social platforms should be focused on driving consumers to owned channels where you can capture their permissions and data to connect with them directly. Consider email as a channel to focus on.

Don’t worry — it works. That same eConsultancy report found nearly three out of four consumers made a purchase in the last 12 months from an email sent by a brand or retailer and massively outperformed social ads when it came to driving sales. Similarly nine times as many U.S. consumers want to increase their participation in loyalty programs in 2020 than those that want to reduce their involvement. You have to ensure you are owning your data and loyalty programs are a treasure trove of consumer data you own. Emily Collins from Forrester does a good job of explaining why you can achieve this with a true loyalty strategy, not just a rewards program.

Your goal should be to build direct connections to consumers. Building trust means offering a value exchange for data and engagement, not going and buying it from a third-party. Fatemah Khatibloo, a principal analyst for Forrester wrote, “Zero-party data is that which a customer intentionally and proactively shares with a brand. It can include purchase intentions, personal context, and how the individual wants the brand to recognize her.” This zero-party data is foundational for the trust economy and you should check out her advice on how it helps you navigate privacy and personalization.

Take responsibility

The trust economy is really about asking yourself, as a marketer, what you stand for. How do you view your relationship with consumers? Do you care? What kind of relationship do you want? Privacy has to be part of this. Accountability is crucial. We must be accountable to where we are putting our money. It’s time to stop supporting hate, propping up the worst of society and fueling division. Start taking responsibility, caring about social issues and building meaningful relationships with consumers built on trust.

#advertising-tech, #column, #digital-marketing, #facebook, #marketing, #media, #online-advertising, #opinion, #social

0

Is the internet advertising economy about to implode?

Advertising drives the modern digital economy. Whether it’s reading news sites like this one or perusing your social media feeds, advertising is the single most important industry that came out of the development of the web. Yet, for all the tens of billions of dollars poured into online advertising just in the United States alone, how much does that money actually do its job of changing the minds of consumers?

Tim Hwang has a contrarian stance: it doesn’t. In his new book published as a collaboration between Logic Magazine and the famed publisher Farrar, Straus and Giroux, he argues in “Subprime Attention Crisis” that the entire web is staring into an abyss of its own making. Advertising is overvalued due to the opaqueness of the market, and few actors are willing to point out that the advertising emperor has no clothes. Much like the subprime mortgage crisis, once people come to realize the true value of digital ads, the market could crater. I found the book provocative, and I wanted to chat further with Hwang about his thoughts on the market.

Hwang formerly worked at Google on policy and has developed many, many projects across a whole swath of tech-oriented policy issues. He’s currently a research fellow at Georgetown’s Center for Security and Emerging Technology.

This interview has been condensed and edited for clarity.

TechCrunch: Let’s dive straight into the book. How did you get started on this topic of the “subprime attention economy”?

Tim Hwang: There were two incidents where I was like, something is going on here. I was having conversations with a couple of friends who are product managers at Facebook, and I remember making the argument that that there’s a lot of evidence to suggest that this whole adtech thing is maybe just mostly garbage. The most interesting thing that they said was, “Oh, like, advertising works but we can’t really tell you how.” That’s like talking to someone from the national security establishment and they’re like, “Oh yeah, we can stop terrorists but, like, we can’t tell you exactly how that goes down.”

I think one thing that got me really interested in it was how opaque a lot of these things are. The companies make claims that data-driven programmatic advertising really is as effective as it is but then they’re kind of strangely hesitant to show evidence of that.

Second, I was doing research with a lot of people who I think you’d rightly call sort of tech critics — strong critics of the power that these platforms have. I think one of the most interesting things is that even among the strongest critics of tech, I think a lot of them have just bought this claim that advertising and particularly data-driven advertising is as powerful as industry says it is.

It’s a kind of strange situation. Tech optimists and tech pessimists don’t agree on a whole lot, but they do seem to agree on the idea that this sort of advertising works. That was what I wanted to explore in the book.

Why don’t we talk a bit about the thesis?

The thesis of the book is really quite simple, which is you look around and basically our modern experience of the web is almost entirely shaped by advertising. The way social media is constructed, for example, is largely as a platform for delivering ads. Engagement with content is really good for creating profiles and it’s really good for delivering ads. It really has been the thing that has powered the current generation of companies in the space.

As you sort of look closer though, it really starts to resemble the market bubbles that we know of and have seen in other places. So explicitly, the metaphor of the book is the subprime mortgage crisis. I think the idea though is that you have this market that is highly opaque, there’s a lot of evidence to suggest that the value of ads is misidentified, and you have a lot of people interested in boosting it even in spite of all that.

For the book, I wanted to look at that market and then what the internet could look like after all this. Are there other alternative business models that we want to adopt for the web going forward?

#adtech, #advertising-tech, #book-review, #digital-advertising, #facebook, #finance, #google, #online-advertising, #tim-wu

0

Businesses With a Give-Back Mission Caught in Facebook Ad Ban

Small enterprises that support homeless people, orphans and refugees are seeing their ads pulled as part of the social media platform’s ban on political advertising.

#corporate-social-responsibility, #e-commerce, #facebook-inc, #online-advertising, #political-advertising, #social-media

0

On Election Day, Facebook and Twitter Did Better by Making Their Products Worse

New rules put in place by the companies over the last four years have helped them avert their greatest fears.

#appointments-and-executive-changes, #facebook-inc, #online-advertising, #presidential-election-of-2020, #rumors-and-misinformation, #social-media, #trump-donald-j, #twitter

0

The Yarn Store Would Like You to Vote

And so would nearly every company out there this year.

#advertising-and-marketing, #online-advertising, #presidential-election-of-2020, #social-media, #voting-and-voters

0

Apple, Google and a Deal That Controls the Internet

In a landmark antitrust complaint, the Justice Department is targeting a secretive partnership that is worth billions of dollars to both companies.

#alphabet-inc, #antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #cook-timothy-d, #google-inc, #iphone, #jobs-steven-p, #justice-department, #microsoft-corp, #mobile-applications, #online-advertising, #pichai-sundar, #schmidt-eric-e, #search-engines, #smartphones, #suits-and-litigation-civil

0

The Government’s Lawsuit Is Unlikely to Dethrone Google

The federal government’s lawsuit isn’t likely to derail the company’s market dominance.

#android-operating-system, #antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #consumer-protection, #federal-trade-commission, #google-inc, #justice-department, #mergers-acquisitions-and-divestitures, #online-advertising, #search-engines, #software, #suits-and-litigation-civil

0

The Google Antitrust Lawsuit Explained

The suit is the first antitrust action against the company to result from investigations by American regulators.

#advertising-and-marketing, #alphabet-inc, #antitrust-laws-and-competition-issues, #computers-and-the-internet, #google-inc, #justice-department, #online-advertising, #search-engines, #software, #united-states-politics-and-government

0

It’s Google’s World. We Just Live In It.

Googling something was all we once did with Google. Now we spend hours a day using its maps, videos, security cameras, email, smartphones and more.

#antitrust-laws-and-competition-issues, #computers-and-the-internet, #content-type-service, #google-inc, #home-automation-and-smart-homes, #maps, #mobile-applications, #online-advertising, #privacy, #search-engines, #video-recordings-downloads-and-streaming

0

What Is The Google Antitrust Lawsuit?

The suit is the first antitrust action against the company to result from investigations by American regulators.

#advertising-and-marketing, #alphabet-inc, #antitrust-laws-and-competition-issues, #computers-and-the-internet, #google-inc, #justice-department, #online-advertising, #search-engines, #software, #united-states-politics-and-government

0

The Justice Department has filed its antitrust lawsuit against Google

The Justice Department said it has filed its long-awaited antitrust lawsuit against Google, confirming an earlier report from The Wall Street Journal.

In the suit, the Justice Department is expected to argue that Google used anticompetitive practices to safeguard its monopoly position as the dominant force in search and search-advertising, which sit at the foundation of the company’s extensive advertising, data mining, video distribution, and information services conglomerate.

It would be the first significant legal challenge that Google has faced from U.S. regulators despite years of investigations into the company’s practices.

A 2012 attempt to bring the company to the courts to answer for anti-competitive practices was ultimately scuttled because regulators at the time weren’t sure they could make the case stick. Since that time Alphabet’s value has skyrocketed to reach over $1 trillion (as of today’s share price).

Alphabet, Google’s parent company, holds a commanding lead in both search and video. The company dominates the search market — with roughly 90% of the world’s internet searches conducted on its platform — and roughly three quarters of American adults turn to YouTube for video, as the Journal reported.

In the lawsuit, the Department of Justice will say that Alphabet’s Google subsidiary uses a web of exclusionary business agreements to shut out competitors. The billions of dollars that the search giant collects wind up paying mobile phone companies, carriers and browsers to make the Google search engine a preset default. That blocks competitors from being able to access the kinds of queries and traffic they’d need to refine their own search engine.

It will be those relationships — alongside Google’s insistence that its search engine come pre-loaded (and un-deletable) on phones using the Android operating system and that other search engines specifically not be pre-loaded — that form part of the government’s case, according to Justice Department officials cited by the Journal.

The antitrust suit comes on the heels of a number of other regulatory actions involving Google, which is not only the dominant online search provider, but also a leader in online advertising and in mobile technology by way of Android, as well as a strong player in a web of other interconnected services like mapping, online productivity software, cloud computing and more.

MOUNTAIN VIEW, UNITED STATES – 2020/02/23: American multinational technology company Google logo seen at Google campus. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images)

A report last Friday in Politico noted that Democrat Attorneys General would not be signing the suit. That report said those AGs have instead been working on a bipartisan, state-led approach covering a wider number of issues beyond search — the idea being also that more suits gives government potentially a stronger bargaining position against the tech giant.

A third suit is being put together by the state of Texas, although that has faced its own issues.

While a number of tech leviathans are facing increasing scrutiny from Washington, with the US now just two weeks from Election Day, it’s unlikely that we are going to see many developments around this and other cases before then. And in the case of this specific Google suit, in the event that Trump doesn’t get re-elected, there will also be a larger personnel shift at the DoJ that could also change the profile and timescale of the case.

In any event, fighting these regulatory cases is always a long, drawn-out process. In Europe, Google has faced a series of fines over antitrust violations stretching back several years, including a $2.7 billion fine over Google shopping; a $5 billion fine over Android dominance; and a $1.7 billion fine over search ad brokering. While Goolge slowly works through appeals, there are also more cases ongoing against the company in Europe and elsewhere.

Google is not the only one catching the attention of Washington. Earlier in October, the House Judiciary Committee released a report of more than 400 pages in which it outlined how tech giants Apple, Amazon, Alphabet (Google’s parent company) and Facebook were abusing their power, covering everything from the areas in which they dominate, through to suggestions for how to fix the situation (including curtailing their acquisitions strategy).

That seemed mainly to be an exercise in laying out the state of things, which could in turn be used to inform further actions, although in itself, unlike the DoJ suit, the House report lacks teeth in terms of enforcement or remedies.

#alphabet, #amazon, #android, #apple, #big-tech, #europe, #facebook, #google, #google-campus, #leader, #mobile-technology, #online-advertising, #online-search, #operating-system, #operating-systems, #search-advertising, #search-engine, #tc, #texas, #trump, #united-states

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U.S. to Accuse Google of Protecting Illegal Monopoly

A victory for the government could remake one of America’s most recognizable companies and the internet economy that it has helped define.

#advertising-and-marketing, #antitrust-laws-and-competition-issues, #barr-william-p, #computers-and-the-internet, #data-mining-and-database-marketing, #google-inc, #justice-department, #online-advertising, #suits-and-litigation-civil, #united-states-politics-and-government

0

As Local News Dies, a Pay-for-Play Network Rises in Its Place

A nationwide operation of 1,300 local sites publishes coverage that is ordered up by Republican groups and corporate P.R. firms.

#computers-and-the-internet, #data-mining-and-database-marketing, #news-and-news-media, #newspapers, #online-advertising, #politics-and-government, #social-media, #timpone-brian

0

We need universal digital ad transparency now

Dear Mr. Zuckerberg, Mr. Dorsey, Mr. Pichai and Mr. Spiegel: We need universal digital ad transparency now!

The negative social impacts of discriminatory ad targeting and delivery are well-known, as are the social costs of disinformation and exploitative ad content. The prevalence of these harms has been demonstrated repeatedly by our research. At the same time, the vast majority of digital advertisers are responsible actors who are only seeking to connect with their customers and grow their businesses.

Many advertising platforms acknowledge the seriousness of the problems with digital ads, but they have taken different approaches to confronting those problems. While we believe that platforms need to continue to strengthen their vetting procedures for advertisers and ads, it is clear that this is not a problem advertising platforms can solve by themselves, as they themselves acknowledge. The vetting being done by the platforms alone is not working; public transparency of all ads, including ad spend and targeting information, is needed so that advertisers can be held accountable when they mislead or manipulate users.

Our research has shown:

  • Advertising platform system design allows advertisers to discriminate against users based on their gender, race and other sensitive attributes.
  • Platform ad delivery optimization can be discriminatory, regardless of whether advertisers attempt to set inclusive ad audience preferences.
  • Ad delivery algorithms may be causing polarization and make it difficult for political campaigns to reach voters with diverse political views.
  • Sponsors spent more than $1.3 billion dollars on digital political ads, yet disclosure is vastly inadequate. Current voluntary archives do not prevent intentional or accidental deception of users.

While it doesn’t take the place of strong policies and rigorous enforcement, we believe transparency of ad content, targeting and delivery can effectively mitigate many of the potential harms of digital ads. Many of the largest advertising platforms agree; Facebook, Google, Twitter and Snapchat all have some form of an ad archive. The problem is that many of these archives are incomplete, poorly implemented, hard to access by researchers and have very different formats and modes of access. We propose a new standard for universal ad disclosure that should be met by every platform that publishes digital ads. If all platforms commit to the universal ad transparency standard we propose, it will mean a level playing field for platforms and advertisers, data for researchers and a safer internet for everyone.

The public deserves full transparency of all digital advertising. We want to acknowledge that what we propose will be a major undertaking for platforms and advertisers. However, we believe that the social harms currently being borne by users everywhere vastly outweigh the burden universal ad transparency would place on ad platforms and advertisers. Users deserve real transparency about all ads they are bombarded with every day. We have created a detailed description of what data should be made transparent that you can find here.

We researchers stand ready to do our part. The time for universal ad transparency is now.

Signed by:

Jason Chuang, Mozilla
Kate Dommett, University of Sheffield
Laura Edelson, New York University
Erika Franklin Fowler, Wesleyan University
Michael Franz, Bowdoin College
Archon Fung, Harvard University
Sheila Krumholz, Center for Responsive Politics
Ben Lyons, University of Utah
Gregory Martin, Stanford University
Brendan Nyhan, Dartmouth College
Nate Persily, Stanford University
Travis Ridout, Washington State University
Kathleen Searles, Louisiana State University
Rebekah Tromble, George Washington University
Abby Wood, University of Southern California

#advertising-tech, #column, #digital-advertising, #digital-marketing, #facebook, #google, #media, #online-advertising, #opinion, #snapchat, #social, #targeted-advertising, #tc, #twitter

0

How Joe Biden Became the Unlikeliest of Online Fund-Raising Superstars

Four inflection points transformed Mr. Biden from a pauper during the primaries to a powerhouse against President Trump.

#biden-joseph-r-jr, #campaign-finance, #democratic-party, #george-floyd-protests-2020, #harris-kamala-d, #online-advertising, #political-advertising, #presidential-election-of-2020, #primaries-and-caucuses, #trump-ukraine-whistle-blower-complaint-and-impeachment-inquiry, #trump-donald-j, #united-states-politics-and-government

0

Facebook Bans Anti-Vaccination Ads, Clamping Down Again

The social network, which prohibits misinformation related to the coronavirus, has also banned other types of content in recent days.

#advertising-and-marketing, #computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #online-advertising, #rumors-and-misinformation, #vaccination-and-immunization

0

If the ad industry is serious about transparency, let’s open-source our SDKs

Year after year, a lack of transparency in how ad traffic is sourced, sold and measured is cited by advertisers as a source of frustration and a barrier to entry in working with various providers. But despite progress on the protection and privacy of data through laws like GDPR and COPPA, the overall picture regarding ad-marketing transparency has changed very little.

In part, this is due to the staggering complexity of how programmatic and other advertising technologies work. With automated processes managing billions of impressions every day, there is no universal solution to making things more simple and clear. So the struggle for the industry is not necessarily a lack of intent around transparency, but rather how to deliver it.

Frustratingly, evidence shows that the way data is collected and used by some industry players has played a large part in reducing people’s trust in online advertising. This is not a problem that was created overnight. There is a long history and growing sense of consumer frustration with the way their data is being used, analyzed and monetized and a similar frustration by advertisers with the transparency and legitimacy of ad clicks for which they are asked to pay.

There are continuing efforts by organizations like the IAB and TAG to create policies for better transparency such as ads.txt. But without hard and fast laws, the responsibility lies with individual companies.

One relatively simple yet largely spurned practice that would engender transparency and trust for the benefit of all parties (brands, consumers and ad/marketing providers) would be for the industry to come together and have all parties open their SDKs.

Why open-sourcing benefits advertisers, publishers and the ad industry

Open-source software is code that anyone is free to use, analyze, alter and improve.

Auditing the code and adjusting the SDKs functionality based on individual needs is a common practice — and so too are audits by security companies or interested parties who are rightly on the lookout for app fraud. By showing exactly how the code within the SDK has been written, it is the best way to reassure developers and partners that there are no hidden functions or unwanted features.

Everyone using open-source SDKs can learn exactly how it works, and because it is under an open-source license, anyone can suggest modifications and improvements in the code.

Open source brings some risks, but much bigger rewards

The main risk from opening up an SDK code is that third parties will look for ways to exploit it and insert their own malicious code, or else look at potential vulnerabilities to access back-end services and data. However, providers should be on the lookout and be able to fix the potential vulnerabilities as they arise.

As for the rewards, open-sourcing engenders trust and transparency, which should certainly translate into customer loyalty and consumer confidence. After all, we are all operating in a market where advertisers and developers can choose who they want to work with — and on what terms.

Selfishly but practically speaking, opening SDKs can also help companies in our industry protect themselves from others’ baseless claims that are simply intended to promote their products. With open standards, there are no unsubstantiated, false accusations intended for publicity. The proof is out there for everyone to see.

How ad tech is embracing open source

In the ad tech space, companies such as MoPub, Appodeal and AppsFlyer are just a few that have already made some or all of their SDKs available through an open-source license.

All of these companies have decided to use an open-source approach because they recognize the importance of transparency and trust, especially when you are placing the safety and reputation of your brand in the hands of an algorithm. However, the majority of SDKs remain closed.

Relying on forward-thinking companies to set their own transparency levels will only take our industry so far. It’s time for stronger action around trust and data transparency. In the same way that GDPR and COPPA have required companies to address privacy and, ultimately, to have forced a change that was needed, open-sourcing our SDKs will take the ad-marketing space to new heights and drive new levels of trust and deployment with our clients, competitors, legislators and consumers.

The industry-wide challenge of transparency won’t be solved any time soon, but the positive news is that there is movement in the right direction, with steps that some companies are already taking and others can easily take. By implementing measures to ensure brand-safe placements and helping limit ad fraud; improving relationships between brands, agencies, and programmatic partners; and bringing clarity to consumer data use; confidence in the advertising industry will improve and opportunities will subsequently grow.

That’s why we are calling on all ad/marketing companies to take this step forward with us — for the benefit of our consumers, brands, providers and industry at large — to embrace open-source SDKs as the way to engender trust, transparency and industry transformation. In doing so, we will all be rewarded with consumers who are more trusting of brands and brand advertising, and subsequently, brands who trust us and seek opportunities to implement more sophisticated solutions and grow their business.

#advertising-tech, #column, #digital-marketing, #general-data-protection-regulation, #marketing, #online-advertising, #open-source, #open-source-components, #open-source-startups, #opinion, #privacy

0

Twitter Will Turn Off Some Features to Fight Election Misinformation

The platform is trying to address growing concern that falsehoods could lead to instability. Most of the changes will start on Oct. 20.

#dorsey-jack, #facebook-inc, #google-inc, #online-advertising, #rumors-and-misinformation, #social-media, #trump-donald-j, #twitter, #united-states-politics-and-government

0

These 3 factors are holding back podcast monetization

Podcast advertising growth is inhibited by three major factors:

  • Lack of macro distribution, consumption and audience data.
  • Current methods of conversion tracking.
  • Idea of a “playbook” for podcast performance marketing.

Because of these limiting factors, it’s currently more of an art than a science to piece disparate data from multiple sources, firms, agencies and advertisers, into a somewhat conclusive argument to brands as to why they should invest in podcast advertising.

1. Lack of macro distribution, consumption and audience data

There were several resources that released updates based on what they saw in terms of consumption when COVID-19 hit. Hosting platforms, publishers and third-party tracking platforms all put out their best guesses as to what was happening. Advertisers’ own podcast listening habits had been upended due to lockdowns; they wanted to know how broader changes in listening habits were affecting their campaigns. Were downloads going up, down or staying the same? What was happening with sports podcasts, without sports?


Read part 1 of this article, Podcast advertising has a business intelligence gap, on TechCrunch.


At Right Side Up, we receive and analyze all of the available research from major publishers (Stitcher, aCast), to major platforms (Megaphone) and third-party research firms (Podtrac, IAB, Edison Research). However, no single entity encompasses the entire space or provides the kind of interactive, off-the-shelf customizable SaaS product we’d prefer, and that digitally native marketers expect. Plus, there isn’t anything published in real-time; most sources publish once or twice annually.

So what did we do? We reached out to trusted publishers and partners to gather data around shifting consumption due to COVID-19 ourselves, and determined that, though there was a drop in downloads in the short term, it was neither as precipitous nor as enduring as some had feared. This was confirmed by some early reports available, but how were we to evidence our own piecewise sample with another? Moreover, how could you invest 6-7 figures of marketing dollars if you didn’t have the firsthand intelligence we gathered and our subject matter experts on deck to make constant adjustments to your approach?

We were able to piece together trends we’re seeing that point to increased download activity in recent months that surpass February/March heights. We’ve determined that the industry is back on track for growth with a less steep, but still growing, listenership trajectory. But even though more recent reports have been published, a longitudinal, objective resource has not yet emerged to show a majority of the industry’s journey through one of the most disruptive media environments in recent history.

There is a need for a new or existing entity to create cohesive data points; a third party that collects and reports listening across all major hosts and distribution points, or “podcatchers,” as they’re colloquially called. As a small example: Wouldn’t it be nice to objectively track seasonal listening of news/talk programming and schedule media planning and flighting around that? Or to know what the demographics of that audience look like compared to other verticals?

What percentage increase in efficiency and/or volume would you gain from your marketing efforts in the channel? Would that delta be profitable against paying a nominal or ongoing licensing or research fee for most brands?

These challenges aren’t just affecting advertisers. David Cohn, VP of Sales at Megaphone, agrees that “full transparency from the listening platforms would make our jobs easier, along with everyone else’s in the industry. We’d love to know how much of an episode is listened to, whether an ad is skipped, etc. Along the same lines, having a central source for [audience] measurement would be ideal — similar to what Nielsen has been for TV.” This would also enable us to understand cross-show ad frequency, another black box for advertisers and the industry at large.

#ad-technology, #advertising-tech, #audience-measurement, #column, #digital-marketing, #growth-marketing, #marketing, #online-advertising, #podcast-advertising, #podcasts, #tc, #verified-experts

0

Podcast advertising has a business intelligence gap

There are sizable, meaningful gaps in the knowledge collection and publication of podcast listening and engagement statistics. Coupled with still-developing advertising technology because of the distributed nature of the medium, this causes uncertainty in user consumption and ad exposure and impact. There is also a lot of misinformation and misconception about the challenges marketers face in these channels.

All of this compounds to delay ad revenue growth for creators, publishers and networks by inhibiting new and scaling advertising investment, resulting in lost opportunity among all parties invested in the channel. There’s a viable opportunity for a collective of industry professionals to collaborate on a solution for unified, free reporting, or a new business venture that collects and publishes more comprehensive data that ultimately promotes growth for podcast advertising.

Podcasts have always had challenges when it comes to the analytics behind distribution, consumption and conversion. For an industry projected to exceed $1 billion in ad spend in 2021, it’s impressive that it’s built on RSS: A stable, but decades-old technology that literally means really simple syndication. Native to the technology is a one-way data flow, which democratizes the medium from a publishing perspective and makes it easy for creators to share content, but difficult for advertisers trying to measure performance and figure out where to invest ad dollars. This is compounded by a fractured creator, server and distribution/endpoint environment unique to the medium.

Because podcasts lag other media channels in business intelligence, it’s still an underinvested channel relative to its ability to reach consumers and impact purchasing behavior.

For creators, podcasting has begun to normalize distribution analytics through a rising consolidation of hosts like Art19, Megaphone, Simplecast and influence from the IAB. For advertisers, though, consumption and conversion analytics still lag far behind. For the high-growth tech companies we work with, and as performance marketers ourselves, measuring the return on investment of our ad spend is paramount.

Because podcasts lag other media channels in business intelligence, it’s still an underinvested channel relative to its ability to reach consumers and impact purchasing behavior. This was evidenced when COVID-19 hit this year, as advertisers that were highly invested or highly interested in investing in podcast advertising asked a very basic question: “Is COVID-19, and its associated lifestyle shifts, affecting podcast listening? If so, how?”

The challenges of decentralized podcast ad data

We reached out to trusted partners to ask them for insights specific to their shows.

Nick Southwell-Keely, U.S. director of Sales & Brand Partnerships at Acast, said: “We’re seeing our highest listens ever even amid the pandemic. Across our portfolio, which includes more than 10,000 podcasts, our highest listening days in Acast history have occurred in [July].” Most partners provided similar anecdotes, but without centralized data, there was no one, singular firm to go to for an answer, nor one report to read that would cover 100% of the space. Almost more importantly, there is no third-party perspective to validate any of the anecdotal information shared with us.

Publishers, agencies and firms all scrambled to answer the question. Even still, months later, we don’t have a substantial and unifying update on exactly what, if anything, happened, or if it’s still happening, channel-wide. Rather, we’re still checking in across a wide swath of partners to identify and capitalize on microtrends. Contrast this to native digital channels like paid search and paid social, and connected, yet formerly “traditional” media (e.g., TV, CTV/OTT) that provide consolidated reports that marketers use to make decisions about their media investments.

The lasting murkiness surrounding podcast media behavior during COVID-19 is just one recent case study on the challenges of a decentralized (or nonexistent) universal research vendor/firm, and how it can affect advertisers’ bottom lines. A more common illustration of this would be an advertiser pulling out of ads, for fear of underdelivery on a flat rate unit, missing out on incremental growth because they were worried about not being able to get download reporting and getting what they paid for. It’s these kinds of basic shortcomings that the ad industry needs to account for before we can hit and exceed the ad revenue heights projected for podcasting.

Advertisers may pull out of campaigns for fear of under-delivery, missing out on incremental growth because they were worried about not getting what they paid for.

If there’s a silver lining to the uncertainty in podcast advertising metrics and intelligence, it’s that supersavvy growth marketers have embraced the nascent medium and allowed it to do what it does best: personalized endorsements that drive conversions. While increased data will increase demand and corresponding ad premiums, for now, podcast advertising “veterans” are enjoying the relatively low profile of the space.

As Ariana Martin, senior manager, Offline Growth Marketing at Babbel notes, “On the other hand, podcast marketing, through host read ads, has something personal to it, which might change over time and across different podcasts. Because of this personal element, I am not sure if podcast marketing can ever be transformed into a pure data game. Once you get past the understanding that there is limited data in podcasting, it is actually very freeing as long as you’re seeing a certain baseline of good results, [such as] sales attributed to podcast [advertising] via [survey based methodology], for example.”

So how do we grow from the industry feeling like a secret game-changing channel for a select few brands, to widespread adoption across categories and industries?

Below, we’ve laid out the challenges of nonuniversal data within the podcast space, and how that hurts advertisers, publishers, third-party research/tracking organizations, and broadly speaking, the podcast ecosystem. We’ve also outlined the steps we’re taking to make incremental solutions, and our vision for the industry moving forward.

Lingering misconceptions about podcast measurement

1. Download standardization

In search of a rationale to how such a buzzworthy growth channel lags behind more established media types’ advertising revenue, many articles will point to “listener” or “download” numbers not being normalized. As far as we can tell at Right Side Up, where we power most of the scaled programs run by direct advertisers, making us a top three DR buying force in the industry, the majority of publishers have adopted the IAB Podcast Measurement Technical Guidelines Version 2.0.

This widespread adoption solved the “apples to apples” problem as it pertained to different networks/shows valuing a variable, nonstandard “download” as an underlying component to their CPM calculations. Previous to this widespread adoption, it simply wasn’t known whether a “download” from publisher X was equal to a “download” from publisher Y, making it difficult to aim for a particular CPM as a forecasting tool for performance marketing success.

However, the IAB 2.0 guidelines don’t completely solve the unique-user identification problem, as Dave Zohrob, CEO of Chartable points out. “Having some sort of anonymized user identifier to better calculate audience size would be fantastic —  the IAB guidelines offer a good approximation given the data we have but [it] would be great to actually know how many listeners are behind each IP/user-agent combo.”

2. Proof of ad delivery

A second area of business intelligence gaps that many articles point to as a cause of inhibited growth is a lack of “proof of delivery.” Ad impressions are unverifiable, and the channel doesn’t have post logs, so for podcast advertisers the analogous evidence of spots running is access to “airchecks,” or audio clippings of the podcast ads themselves.

Legacy podcast advertisers remember when a full-time team of entry-level staffers would hassle networks via phone or email for airchecks, sometimes not receiving verification that the spot had run until a week or more after the fact. This delay in the ability to accurately report spend hampered fast-moving performance marketers and gave the illusion of podcasts being a slow, stiff, immovable media type.

Systematic aircheck collection has been a huge advent and allowed for an increase in confidence in the space — not only for spend verification, but also for creative compliance and optimization. Interestingly, this feature has come up almost as a byproduct of other development, as the companies who offer these services actually have different core business focuses: Magellan AI, our preferred partner, is primarily a competitive intelligence platform, but pivoted to also offer airchecking services after realizing what a pain point it was for advertisers; Veritone, an AI company that’s tied this service to its ad agency, Veritone One; and Podsights, a pixel-based attribution modeling solution.

3. Competitive intelligence

Last, competitive intelligence and media research continue to be a challenge. Magellan AI and Podsights offer a variety of fee and free tiers and methods of reporting to show a subset of the industry’s activity. You can search a show, advertiser or category, and get a less-than-whole, but still directionally useful, picture of relevant podcast advertising activity. While not perfect, there are sufficient resources to at least see the tip of the industry iceberg as a consideration point to your business decision to enter podcasts or not.

As Sean Creeley, founder of Podsights, aptly points out: “We give all Podsights research data, analysis, posts, etc. away for free because we want to help grow the space. If [a brand], as a DIY advertiser, desired to enter podcasting, it’s a downright daunting task. Research at least lets them understand what similar companies in their space are doing.”

There is also a nontech tool that publishers would find valuable. When we asked Shira Atkins, co-founder of Wonder Media Network, how she approaches research in the space, she had a not-at-all-surprising, but very refreshing response: “To be totally honest, the ‘research’ I do is texting and calling the 3-5 really smart sales people I know and love in the space. The folks who were doing radio sales when I was still in high school, and the podcast people who recognize the messiness of it all, but have been successful at scaling campaigns that work for both the publisher and the advertiser. I wish there was a true tracker of cross-industry inventory — how much is sold versus unsold. The way I track the space writ large is by listening to a sample set of shows from top publishers to get a sense for how they’re selling and what their ads are like.”

Even though podcast advertising is no longer limited by download standardization, spend verification and competitive research, there are still hurdles that the channel has not yet overcome.


The conclusion to this article, These 3 factors are holding back podcast monetization, is available exclusively to Extra Crunch subscribers.

#advertising-tech, #chartable, #column, #digital-marketing, #growth-marketing, #marketing, #media, #online-advertising, #podcasts, #tc, #verified-experts

0

Facebook Widens Ban on Political Ads as Alarm Rises Over Election

Political ads will be banned indefinitely after polls close on Nov. 3 and the company plans new steps to limit misinformation about the results.

#computers-and-the-internet, #corporate-social-responsibility, #facebook-inc, #news-and-news-media, #online-advertising, #political-advertising, #presidential-election-of-2020, #rumors-and-misinformation, #russian-interference-in-2016-us-elections-and-ties-to-trump-associates, #social-media, #united-states-politics-and-government, #zuckerberg-mark-e

0

2 strategies for creating top-of-funnel marketing content

Even when you’re excellent at making the sale, you still need people to know you exist in the first place.

Content is excellent at making the case for your product or service, but it also excels at providing value to potential customers in a more tangential way, introducing them to your brand and building awareness and authority.

Here’s how utilizing content marketing and digital PR can make huge strides in getting your brand name out there.

Ranking on-site content for awareness keywords

When on-site content you created ranks well in the search engine results pages (SERPs), that doesn’t just mean you get more traffic (although that’s certainly a major benefit).

You’re also getting your brand name in front of searchers because you’re appearing in the results. You’re building authority because Google appears to believe you have the best answer for their query. You’re giving the searcher and answer to their question and beginning to build trust.

So how do you know which keywords/topics to target and what kind of content to create? You perform keyword research, which basically means examining what keywords people are searching for, how many people search for them per month and how hard it’ll be to rank for them.

Google Ads Keyword Planner provides this information, but you can also use Chrome plugins like Keywords Everywhere and Keyword Surfer or free tools like Ubersuggest.

When your goal is to build awareness, it’s important that the keywords and topics you target have high volume. In other words, they’re searched a lot. Awareness objectives mean reaching as many people as possible so more people know that your brand exists and begin to understand what it’s about.

#column, #content-marketing, #digital-marketing, #growth-marketing, #online-advertising, #pr, #search-engine-optimization, #startups, #tc, #verified-experts

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Drive predictable B2B revenue growth with insights from big data and CDPs

As the world reopens and revenue teams are unleashed to meet growth targets, many B2B sellers and marketers are wondering how they can best prioritize prospect accounts. Everyone ultimately wants to achieve predictable revenue growth, but in uncertain times — and with shrinking budgets — it can feel like a pipe dream.

Slimmer budgets likely mean you’ll need more accurate targeting and higher win rates. The good news is your revenue team is likely already gathering tons of prospect data to help you improve account targeting, so it’s time to put that data to work with artificial intelligence. Using big data and four essential AI-based models, you can understand what your prospects want and successfully predict revenue opportunities.

Big data and CDPs are first steps to capturing account insights

Capturing and processing big data is essential in order to know everything about prospects and best position your solution. Accurately targeting your campaigns and buyer journeys necessitates more data than ever before.

Marketers today rely on customer data platforms (CDPs) to handle this slew of information from disparate sources. CDPs let us mash together and clean up data to get a single source of normalized data. We can then use AI to extract meaningful insights and trends to drive revenue planning.

That single source of truth also lets marketers dive into the ocean of accounts and segment them by similar attributes. You can break them down into industry, location, buying stage, intent, engagement — any combination of factors. When it’s time to introduce prospects to your cadence, you’ll have segment-specific insights to guide your campaigns.

AI realizes data-based insights

You might find that your data ocean is much deeper than you expected. While transforming all that data into a single source to drive actionable insights, you’ll also need the right resources and solutions to convert raw data into highly targeted prospect outreach.

This is where AI shines. AI and machine learning enable revenue teams to analyze data for historical and behavioral patterns, pluck out the most relevant intent data, and predict what will move prospects through the buyer journey.

#artificial-intelligence, #big-data, #column, #customer-data-platform, #customer-relationship-management, #ecommerce, #finance, #machine-learning, #marketing, #online-advertising, #product-marketing, #targeted-advertising, #tc

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Justice Dept. Case Against Google Is Said to Focus on Search Dominance

The decision to narrow the case to search could set off separate lawsuits from states over Google’s power in other business segments.

#alphabet-inc, #antitrust-laws-and-competition-issues, #attorneys-general, #barr-william-p, #computers-and-the-internet, #google-inc, #justice-department, #online-advertising, #search-engines, #social-media, #suits-and-litigation-civil, #united-states-politics-and-government

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