Author

editor

Browsing

By Mack DeGeurin

Researchers found 37 websites that appeared to use AI to “scramble and rewrite” stories from mainstream publications and republish them for ad revenue.

Online content farms are using AI chatbots to “scramble and rewrite” thousands of news stories from major publications like The New York Times and republish them to earn advertising revenue, according to a new report from misinformation monitor NewsGuard. The stories, which often repurposed entire lines directly from other articles without credit, were found on 37 different sites. In some cases, NewsGuard notes, those sites appeared to be completely automated, no humans involved.

NewsGuard, which makes a browser extension rating the trustworthiness of news websites, says the content farms it identified used chatbots to rewrite stories first published in CNN, Reuters, and other mainstream outlets. That explicit reliance on the text of already edited and published stories means the quality of the writing in the plagiarized AI articles marked an improvement from past cases where content mills simply instructed AI models to generate stories without any source material. The result, NewsGuard said, were articles that would appear nearly indistinguishable from an authentic story to the average reader.

The report identified 37 sites repurposing news stories, but NewsGuard says the actual number could be much, much higher. NewsGuard was only able to identify the sites in question because each of them featured at least one article with a common chatbot error message, like “As an AI model I cannot rewrite this title.” But other sites that take a moment to remove those tell tale signs could go totally undetected.

“There are likely hundreds—if not thousands —of websites that are using AI to lift content from outside sources that NewsGuard could not identify because they have not mistakenly published an AI error message,” NewsGuard wrote. Gizmodo could not independently verify the 37 sites identified. NewsGuard didn’t immediately respond to our request for further comment.

These sites varied widely in terms of subject matter, with some focused on science and space and others on sports and politics or breaking news. Several of the websites featured names like DailyHeadliner.com and TalkGlitz.com. One of the sites, called WhatsNew2Day.com, appeared to have written an article about AI based on a June 21 article in The Verge, ironically, about ads running against AI-generated news stories.

In many cases, these plagiarized articles are being used to generate advertising revenue from major brands. NewGuard claims it discovered programmatic ads from 55 blue-chip companies running on 15 of the 37 sites analysed. That means brands, knowingly or not, are directly funding these works of AI plagiarism. NewsGuard did not respond to Gizmodo’s request for comment seeking the names of the blue-chip brands identified.

“Because the programmatic ad process—which uses algorithms to deliver highly targeted ads to users on the internet—is so opaque, the advertising brands likely have no idea that they are funding the proliferation of these AI copycat sites,” NewsGuard added.

It’s unclear exactly what AI models were used to create these plagiarized works, but Gizmodo confirmed it can be easily accomplished using the most popular tools available from Google and OpenAI. In a test, Gizmodo asked Google Bard to rewrite this recent Gizmodo story about a near collision in the airline industry to be more SEO-friendly. Bard quickly responded by saying “Sure, here is the rewritten news article” before providing a shortened 258-word story. NewsGuard found similar results when it asked ChatGPT to rewrite a New York Times article.

Both OpenAI and Google have policies prohibiting users from using their models to engage in plagiarism or aid in the “Misrepresentation of the provenance of generated content.” But those policies, for now, feel like mere suggestions. Neither OpenAI nor Google responded to Gizmodo’s requests for comment.

News industry grapples with AI

News aggregation and content mills aren’t new and far predate the current wave of hyped-up, quickly developing large language models like OpenAI’s ChatGPT and Google’s Bard. Still, the speed with which these models can recreate stories, usually in a matter of seconds, means bad actors looking to quickly fill up sites with copied content can generate hundreds or thousands or articles in a day, all potentially sucking up some advertising revenue.

Traditional news publishers, meanwhile, are grappling with the impact AI will have on newsrooms. Tech publications like CNET, and others, have been caught using AI to generate articles without clearly explaining how they are created. Some, like Insider, have begun working with AI tools to brainstorm story ideas and propose interview questions. Not everyone is onboard the AI news train though. Last week, the Associated Press said any output generated by an AI should be “treated as unvetted source material.” Even the best AI models are known to hallucinate facts and are almost certainly trained on copyrighted material, making them a nightmare for ethical journalism.

Feature Image Credit: Pat Nabong (AP)

By Mack DeGeurin

Sourced from GIZMODO

By Elizabeth Napolitano

Elon Musk didn’t seem shaken by actor James Woods’ threat to stop using X if the social media platform moves ahead with a plan to eliminate a feature that lets users block others. “Then delete your account,” the billionaire tweeted.

The brusque reply, which the X owner posted to the site on Sunday, came after Woods, a one-time Musk supporter, vowed to leave the platform (formerly known as Twitter) if Musk stripped users’ ability to bar certain accounts from viewing and interacting with their posts.

“In the midst of a libel suit I was targeted by thirty trolls the defendant enlisted to harass me,” Woods said in a post last week when the news came out. “If [Musk removes X’s blocking feature], I will have no choice but to retire from this site.”

Musk, who calls himself a free speech absolutist, announced in a post last Friday that X would end users’ ability to limit their interactions with certain accounts except for direct messages, adding in a later post that the block feature “makes no sense” for the platform.

The planned change caused an uproar among some users, some of whom have also vowed to leave X if the feature is removed.

“I will absolutely delete my account and leave this app if X attempts to even *test* this policy, wrote one user. “It’s absolutely sick and disgusting.”

“As a female climate scientist, blocking is the only thing that makes my engagement here on Twitter/X possible,” another user said.

It remains unclear if or when X might remove its blocking button. If the change goes into effect, X could be removed from the Google Play and Apple app stores, potentially deepening the social media platform’s financial troubles. Both digital storefronts require apps involving user-generated content to offer a blocking feature.

X responded to CBS MoneyWatch’s request for comment with an email saying, “We’ll get back to you soon.”

Boosting free speech — or revenue?

In another post, Woods challenged interpretations of X’s policy change as a step toward promoting free speech on the site, speculating that the decision had more to do with boosting the site’s ad revenue.

“Users of X are mere pawns to turn the site into an electronic shopping mall,” Woods said in a post on Saturday. “The man I thought was a defender of free speech is just another greedy capitalist.”

Last month, Musk revealed the social media company’s advertising revenue had plunged roughly 50%. X also faces competition from alternative blogging platforms like Meta-backed Threads and Bluesky.

By Elizabeth Napolitano

Sourced from CBS News

By Ana McFee

In today’s fiercely competitive higher education landscape, colleges and universities must implement innovative marketing strategies that can efficiently attract and convert potential students. And, with the advent of the digital revolution, there has been a fundamental shift in the way marketing works. No longer is it enough to rely on traditional methods such as generic websites, print ads, brochures, flyers, and info sessions. In education institutions, YOU, therefore, need to embrace digital strategies like content marketing.

What is Content Marketing?

Content marketing is a type of marketing strategy that focuses on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience and ultimately, to drive profitable customer action. It provides your potential customers/students with information in a way that has traditionally been seen as non-intrusive and non-salesy.

This type of marketing is often used in the form of blog posts, videos, podcasts, infographics, e-books, emails, white papers, webinars, and other forms of content to create a powerful and consistent connection with customers and prospects and to build lasting relationships. It is not about selling or pushing your products, but rather about sharing and providing helpful information to build trust and create brand loyalty.

Why is Content Marketing Important?

By delivering valuable information that resonates with your intended audience, you can build connections with potential clients, boost website traffic, and generate leads. Moreover, it is an economical way to consistently promote your education institution’s message and an evergreen strategy that can be recycled and repurposed.

Content Marketing SEO

SEO, or search engine optimization, involves developing web-hosted content to make it more visible and relevant for searches by prospective students, parents, faculty, and other stakeholders.

29% of marketers use a search-optimized website and blog to attract and convert leads.

SEO work is a long game, so some marketing teams looking for quicker wins sometimes overlook how powerful it can be. But once an institution sets up a blog and optimizes its webpages for search, it lays a foundation to significantly increase web traffic and inbound leads. Though it’s time-consuming, SEO work requires a relatively low financial investment, especially when compared to strategies like paid ads, events, and out-of-home ads (i.e., outdoor advertising). The low upfront costs and high success rate makes it one of the highest ROI channels used by marketers. And once it’s up and running, the sky’s the limit.

Benefits of Content Marketing for Education Institutions

Content marketing can provide a variety of benefits to your educational institution. Here are some of the most important ones:

1. Cost-Effective and Measurable

One of the primary reasons why you should invest in content marketing is that it’s good value-for-money. Unlike traditional marketing methods, content marketing requires little to no investment. By creating expertly crafted content, you can change the perception of your brand and attract potential students without the need for costly advertisements and promotions.

2. Build Authority & Awareness

Creating and disseminating educational content can be a great way to establish yourself as an authority in the education industry. By providing valuable information and insights into the topics and challenges that are relevant to your target audience, you can build trust and open the door for continued dialogue.

This type of content marketing helps demonstrate the capabilities of your institution, its thought-leadership, strengthen its brand and reputation and highlight its unique features and differentiate it from other institutions.

82% of consumers feel more positive about a company after reading custom content, and 70% of consumers feel more connected to a brand as a result of content marketing.

3. Increase Website Traffic

Tailoring content to specific keywords relevant to your institution’s offerings can boost its search engine success, leading to increased traffic and engagement. By optimizing content and keeping it up-to-date, not only can you attract new viewers, but you can also retain their attention and interest.

Educational content increases website visits by 17%

To create a lasting connection with your audience, your content should be easily digestible and engaging, while also being optimized for the relevant keywords and up to date with the latest trends. This will make it easier for your audience to find and share your content across both traditional and social media platforms.

4. Generate More Qualified Leads

By offering informative and valuable content, potential students are given the tools to make informed decisions. This builds trust in your institution and sets you apart from your competitors, resulting in an increase in qualified leads and higher conversions.

Content marketing costs 62% less than traditional marketing.

5. Improve SEO

Creating high-quality and original content can significantly boost your institution’s SEO rankings and visibility. Search engine algorithms prioritize content that is up-to-date and relevant to your target audience, so it’s important to provide comprehensive yet concise explanations of important topics. To ensure your content reaches the maximum number of potential students and other relevant audiences, utilize effective search engine optimization techniques such as keyword research, link building, and website optimization.

70% of marketers view SEO as more effective than PPC (Pay Per Click)

6. Boost Brand Advocacy and Social Shares

When educational content provides valuable and informative solutions to students’ problems, they are more likely to share it with their friends and family, leading to increased exposure and visibility for your institution. By showcasing your institution’s values and beliefs and sharing news updates, student achievements, and faculty accolades, you can build a passionate online community of students, alumni, staff, and faculty who, in turn, become brand advocates. Make your content zippy (i.e., short, easy to consume, and readily available), which will make it more likely to be shared across social media platforms.

7. Increase Conversions

By providing potential students with informative and insightful content, your educational institution can increase its chances of being chosen as a provider. Through targeted content at various stages of the decision-making process, you can guide potential students through the sales funnel and nurture their interest and engagement. Effective content marketing strategies can ultimately lead to an increase in student enrolment.

Challenges and Solutions for Implementing Content Marketing in Education

Despite the clear benefits of content marketing in education, there are several challenges schools face when implementing an effective strategy.

1. Lack of Resources and Budget

With the increased focus on digital marketing, you may find yourself in a situation where you have to do more with less. In fact, many educational institutions are operating on a tight budget, and may not have the resources to fund an effective campaign or hire a full-time content marketing team or community manager.

The solution is to find creative ways to use your existing resources, like leveraging current staff, faculty, students, or alumni. Schools can work with blog contributors or set up an intern program to produce content. It is important to think creatively about where such content can come from. Sources for your pipeline could include the alumni network, student projects, faculty news, etc.

2. Limited Buy-In From Leadership

Another obstacle may be that leadership may not see the value in content marketing, either because they don’t understand its value or because they don’t believe or see immediate results. Without strong leadership support, it’s difficult to put together a cohesive strategy and ensure it is fully implemented.

The solution is to collaborate with internal stakeholders and establish a long-term strategy. Start by communicating the value of content marketing to your management team and make sure they understand how it can benefit your institution. Provide data and examples to show how content marketing has worked for you or your competition so far, while pitching clear and measurable goals for the future.

To summarize, content marketing is a cost-effective way to increase an education institution’s reach and visibility, while also highlighting the in-depth knowledge and expertise of its team. It helps build relationships with potential students, and strengthen the brand’s reputation. So if your education institution has not yet invested in content marketing, now is the right time to incorporate it into your marketing strategy.

By Ana McFee

Business Development Senior Manager – Consultant at EHL

Visit website

Sourced from Hospitality Insights

By Tyler Metcalf

Amazon’s Buy with Prime gives sellers the best of both worlds, integrating Amazon’s Prime benefits into their own brands’ websites.

Amazon Prime has become associated with a level of consistency and dependability. It’s a brand over 200 million subscribers trust globally. Ecommerce sellers can tap into that subscriber base by adding Amazon’s Buy with Prime service into their websites’ checkout process.

All the customer has to do is log in to their Amazon Prime account and all their payment and shipping information are available. Amazon says that Buy with Prime’s ease of use, free shipping and familiar checkout experience have increased shopper conversion by 25% on average. If you’re a brand, that’s conversion on your website.

When a customer buys your brand’s product on Amazon, they’re Amazon’s customer. It’s hard to get around that — especially when tapping into Amazon marketing capabilities like Amazon DSP — you’re targeting Amazon customers on Amazon. Anyone using Buy with Prime is still your customer. By the time a customer gets to that checkout option, they will have interacted with your brand’s marketing funnel and website, but they get the convenience of Prime to boost their experience.

Buy with Prime merchants can also showcase reviews from Amazon. If your brand has a positive following on Amazon, it’s easy to tap into that consumer trust. Online shoppers depend on reviews when making their decision, and seeing reviews from both Amazon and your website helps to clinch that conversion.

This is most useful for brands with an established Amazon presence, especially because of fulfilment. For Buy with Prime to work, you must have inventory in Amazon fulfilment centers. When Buy with Prime was first rolled out in 2022, it was only available to Fulfilment by Amazon (FBA) businesses by invitation only. Now any third-party merchant can use it — as long as they “pay for what they use, and all fees, except for those incurred for storage, are charged only after merchants make a sale,” Amazon notes in a FAQ section on the Buy with Prime page.

For those prices, Amazon will deliver on delivery. Amazon has been bolstering its delivery process using artificial intelligence and “regionalization,” keeping inventory in areas closer to customers. Online shoppers prefer value over speed when it comes to delivery. In a survey, shipping cost was found to be 2.85 times more important than shipping speed. If they are already Prime subscribers, not having to pay for additional shipping along with fast delivery reads as the ultimate value—value that becomes associated with your brand.

Overall, Buy with Prime integration is relatively easy, with minimal code to be added to your brand’s website, even if you use ecommerce platforms like Shopify. Sellers can choose which items are Buy with Prime compatible and their pricing. You can create bundles with higher price points, even varying from your prices on Amazon. Your website must have Amazon Pay integrated for Buy with Prime to work, though.

Buy with Prime does come with some endorsed integrations. No code is necessary for integration if sellers use a BigCommerce website. BigCommerce sellers can automatically sync their catalogue across platforms and monitor orders and returns. If you’re a Klaviyo user, Buy with Prime also comes with integration for syncing purchase data to reach customers with targeted messaging. Klaviyo will allow you to reengage shoppers, encouraging Prime members to return and complete checkout using Buy with Prime on your site.

Your brand gets access to the shopper information, including name, email address, shipping address and phone number. Amazon will also get that customer data about Prime, but they won’t get any data concerning your non-Prime orders on your site.

At my company, ChannelOp, I love to see brands excel using Amazon’s tools to boost their brand. Amazon’s greatest strength comes from having a diversity of sellers in its marketplace. However, there are sometimes disparities between how inventory moves on Amazon and its websites. We’ve found that when certain products sell well on a brand’s website and not on Amazon, Buy with Prime can move that Amazon inventory. It’s just another tool in your brand’s toolbelt.

I do look forward to improvements from Amazon on these tools. One feature I hope to see is a Buy with Prime basket. Currently, it’s a single-unit checkout process, limiting online shoppers to single transactions. The margin will increase if three products can sit in a checkout basket instead of just one.

I hope to see more brands tap into online shoppers’ trust in Amazon Prime. Whether you’re already a Fulfilment By Amazon business or a third party, Buy with Prime adds value to your customer’s journey.

By Tyler Metcalf

Entrepreneur Leadership Network® Contributor

CEO & Founder

I’m the founder and CEO of Channel Op. Channel Op’s goal is to take Amazon off your plate so you can focus on other important aspects of your business. Channel Op is a full-service Amazon agency with experience in every category on Amazon. Over the years, we have worked with over 200 brands.

Sourced from Entrepreneur

By Kendra Barnett

We catch up with the rental app’s marketing boss, Hiroki Asai, to hear why he shifted its strategy so dramatically and how he’s confident it has now found a winning long-term formula.

An Airbnb ad launched today spotlights the perks of staying in one of its rentals rather than traditional hotels. In one of three playful, animated short films, a group of friends is ready for a relaxing, kiddo-free vacation – only to find the hotel pool teeming with screaming children. Luckily, the travellers find solace in a picture-perfect thatched-roof Airbnb with a peaceful, private pool. “Get an Airbnb and get a place to yourself,” a voiceover chimes.

The spot is part of a new brand campaign that will roll out across the US, the UK, Canada, Australia and a handful of other markets across the globe throughout the coming weeks.

It comes on the heels of the brand’s multichannel spring campaign, which spotlighted Rooms – Airbnb’s newly-rebranded offering of private rooms within shared homes – by telling the story of individual hosts from across the globe and the unique experiences that can come with a Rooms stay.

These and other Airbnb marketing efforts of the last few years evidence a broader paradigm shift in the way the brand aims to connect with and engage audiences everywhere. It’s a shift that began with the Covid-19 pandemic.

A strategic shift

When the pandemic upended the travel and tourism industry in 2020, Airbnb lost about 80% of its business overnight. As Brian Chesky, the company’s chief executive, told entrepreneur and ‘This Week in Startups’ podcast host Jason Calacanis: “We were staring into the abyss.”

Although the existential disruption may have easily sunk the business, Chesky and his team were determined to tackle the crisis opportunistically.

The challenge wasn’t in the remit of product, operations or finance alone. Marketing, too, would play a critical role. “It basically turned the company upside down – but it was also an opportunity to reimagine Airbnb a little bit and take a look at what the next iteration of Airbnb would be,” chief marketing officer Hiroki Asai tells The Drum.

The company’s founders, including Chesky, chief strategy officer Nathan Blecharczyk and chairman Joe Gebbia, sought to make Airbnb “a much simpler company” says Asai – one that was “creatively driven,” with brand and design at the heart of the corporate story.

For Asai, who has been at Airbnb for about three and a half years, the approach felt natural. The executive began his career as a graphic designer before spending 18 years on the marketing team at Apple. A core focus on design and brand-level storytelling is in his DNA.

Pre-pandemic, Airbnb’s marketing strategy was primarily performance-driven, with much of the brand’s marketing budget dedicated to digital advertising. But when the pandemic flipped the business on its head, performance marketing wasn’t delivering what the brand needed. Asai tells The Drum: “The problem was that Airbnb wasn’t able to put its own message out into people’s minds and out into the market, so the messages were being driven by reactive PR and comms and basically what the world and what social media was talking about. Airbnb kind of lost control of the brand a little bit – and of the message and the narrative.” To regain control of the narrative, Airbnb decided to dial back its investment in performance marketing significantly.

Instead, Asai says, the plan was to “go back to the core of what Airbnb was about – which is about core hosts, primary homes and guests.” The brand poured marketing dollars into communicating this message with big, bold brand campaigns instead of performance-driven buys.

It was a much-needed strategic adjustment, in Asai’s view. “As Airbnb was growing, pre-pandemic, it was losing its differentiation. There were a lot of competing options for travellers out there and Airbnb … was losing its uniqueness. It was losing its sense of brand and who it was. So, coming out of the pandemic, the decision was to really focus on the core business and to focus on creating experiences, creating features and creating a product … to differentiate ourselves – and then to use brand to actually communicate and teach people what those differences are.”

Keeping product and brand in dialogue at all times

The brand began to invest deeply in developing and highlighting specific features and tools that set its product and experience apart. For example, a key focus of the last few years has been building out Airbnb Categories – classifications of home types, styles and locations that help users find inspiration, discover unique stays and narrow down their search. Last year, Airbnb launched a campaign showcasing its range of over 60 Categories to explore on the platform – from treehouses and off-the-grid cabins to private islands and luxe mansions. It told the stories of travellers staying in some of the platform’s most unexpected and exciting homes, like a giant potato in Idaho and a cave home in Utah.

As Asai explains: “At the core of what we need to do is to create a product and experience that’s different than any other service. And to do that, we need to innovate on the software, on the technology. And we want to use brand not just to advertise our values and what we’re about – we also want to use brand to help explain what these features are and how they make for a different experience.”

And the shift change has largely paid off. Following the decision to reduce performance marketing spend, Airbnb’s traffic levels reached 95% of what they had been in 2019 before the pandemic. Chesky said in 2021 that the brand would never again rely so heavily on performance marketing. And two years after the decision to reallocate marketing spend, the company reported its most profitable fourth quarter on record in February 2023. Revenue jumped 24% year-over-year, helping Airbnb reach an Ebitda of $506m for the quarter.

Since the strategy is proving effective, Asai and his team are only digging deeper into ways to communicate product differentiators through a brand-first approach. Airbnb’s Rooms campaign earlier this year, he says, has been a successful example. “Our approach is that product development and marketing should go hand-in-hand. We’ll work off of one central customer insight that then feeds what we do on the product – and that same insight also feeds how we market it and how we talk about it in paid media and in PR.”

With Rooms, the central insight was that many Airbnb users were interested in more cost-effective stays but were sceptical of staying in a shared home where they knew very little about the host. “The barrier that’s keeping [users] from booking Rooms is that they really don’t know who that host is and need some insight. That led to this idea of a Host Passport and adding more than just kind of dry facts [and instead adding] more insights into the space, who the host is, the hosting journey, why they’ve decided to rent the room, the story of their home. Then that same insight fed the advertising in a way that put the experience [front and center].”

The in-housing philosophy

Airbnb is able to keep product and marketing so tightly interwoven in large part due to the brand’s in-housing model, according to Asai. Not only is all product development and technology design done in-house, but so too is the company’s marketing and advertising. As the executive puts it: “What that allows us to do is to have a very, very tight system for all customer-facing things, from marketing down to product – and to work off of one insight in an extremely integrated and consistent way.”

Operationally, too, Asai says, in-housing makes sense for Airbnb as it helps the company run a tighter ship. “It’s so much easier to not deal with multiple agencies and to not deal with what the agency wants to do versus what you want to do – plus timelines, cost, just the layers of management you have to have to keep those relationships going. More importantly, I think you get a much better creative product when you have the people that create the advertising sitting literally right next to the people that make the product.”

It’s an approach Asai believes in wholeheartedly. “I’m really bullish on in-housing creative because I’ve worked on both sides of the fence – I’ve worked on the agency side, on the design firm side, then as an in-house creative and then ultimately on the marketing side. I’ve seen all ends of it and I really think people with a creative background get short changed working on the service side – I think amazing work happens out of agencies, but I think for creative to grow, they really need to be exposed to everything that happens upstream … and everything that happens downstream. Being in-house really gives you that visibility in that breath. Ultimately, it makes you a better designer, makes you a better art director, makes you a better writer.”

Nonetheless, he acknowledges that in-housing may not be the appropriate model for every brand. He admits it can be “a very difficult thing to manage.” Airbnb, in his opinion, is uniquely poised to benefit from the model because of its roots in commercial creativity. “The reason it works for Airbnb is because we have creative founders and creative leaders. Our CEO was trained as a designer, so he has a unique understanding of the creative process and can champion it and make it work and he is really involved in the work.” But in-housing, Asai says, “is really not for everyone.”

Mapping out new frontiers

When it comes to the brand’s future, Asai is confident that the continued integration of product and marketing will be a boon to the brand’s success.

As it looks to the future, a major focus for the brand in the near- to medium-term is expansion into new markets. It’s a goal Chesky spoke about openly on the company’s latest earnings call earlier this month: “The next big focus for Airbnb is reliability. If we can make Airbnb even nearly as reliable in many markets as hotels, I think you’re going to open up a whole new generation of travelers to Airbnb.” In particular, the company is eyeing Asia Pacific, which Chesky says represents “a huge opportunity for growth.”

It’s a plan that Asai is eager to take part in, adding: “It’s also super exciting to be able to introduce Airbnb to whole new audiences and cultures.”

As the company aims to expand, a focus on brand-centric marketing will remain a key part of the growth strategy, with Chesky saying during that Q2 earnings call: “When you invest in a brand, when your brand’s a noun and a verb, and you have something unique, you get a lot of … benefits. And I think it’s going to be consistent and we’ll have pretty consistent marketing spend as a percent of revenue over time because of the strength of the brand.”

Feature Image Credit: Adobe Stock

By Kendra Barnett

Sourced from The Drum

By

As concerns over data privacy abound, Vero is doing social media a little differently

Unlike Threads, Vero has been focused on steady, rather than exponential growth.

When Mark Zuckerberg launched Threads as a competitor to Twitter, it broke ChatGPT’s record to become the fastest-growing social network in history, gaining 100 million users in just a few days. But in the weeks since its launch, Threads’ daily active user count has fallen by significant margins, dropping 82% as of July 31.

Vero, on the other hand, has been growing slowly and steadily for years, flying mostly under the radar as it seeks to build a strong base from which to change the social media landscape. The app, which now has a user base numbering about 6.5 million people, proposes a different, more real, version of social media, one that is importantly lacking the incentives for addiction and vitriol that are present on other platforms.

“People are becoming more and more aware of the problem of platforms mining their data, and then using that data, selling it to advertisers,” Ayman Hariri, the co-founder and CEO of Vero said in an interview with The Street. “We’re definitely seeing people that do come onto the platform organically come because of those concerns.”

Vero is ad-free, subscription-based

Vero was designed to be a completely ad-free, subscription-based social network. Though the company has yet to activate the subscription model – and hasn’t said when it will do so – the result of this ad-free network is a platform without incentives, and therefore, without an algorithm.

“When people talk about data and data mining, it’s really about having enough information on somebody to know what their habits are, and whether or not there’s a way to design things to fit within those habits,” Hariri said. “It’s a negative thing in that you can make the product more addictive. You can potentially manipulate people’s behaviour. And that’s a red line we don’t want to cross.”

These problems of algorithms and misaligned incentives were at the centre of Meta Platforms’  (META) – Get Free Report Facebook whistleblower Frances Haugen’s complaint against the company in 2021. The computer scientist said at the time that “Facebook makes more money when you consume more content,” adding that the platform designed its algorithms to prioritize profits in a way that incentivizes hate speech.

Vero has no such incentives.

“There’s no advertising. Therefore, it isn’t an algorithmic feed,” Hariri said. “Therefore, we’re not looking for content that gets any reaction. We’re not in that world at all. I don’t believe in it.”

It provides users with a chronological feed that, according to Hariri, gives people complete access to their entire following, something advertisement-based platforms have not been able to promise.

“There’s no place for hate speech on our platform,” Hariri said. “We’re not looking for people to be okay with that nor to train people that that’s okay.”

Vero currently employs a human content moderation team, but is looking into tools to bring that effort up to scale.

“I think that free speech and what X is particularly going after is a noble cause, but just the practicality of daily life makes it difficult to achieve something that will work for everybody,” he said. “We’re doing things in different ways.”

And where other platforms, such as YouTube and now X (formerly Twitter) incentivize their creators to make content by sharing percentages of ad revenue, Vero’s approach is necessarily different. There’s no ad revenue to share; the app, instead, will grant creators equity ownership in the platform itself.

Vero users own shares of the company

“If you choose to come to Vero and bring your following, you own shares in the company. It’s got nothing to do with discussions with me or anybody else,” Hariri said. “We’re looking very intently at the regulatory aspects and we’re making bold moves that nobody else has done because we truly mean what it is that we’re saying. We want to be different. And we want to have a different impact on people that join us.”

To that end, Vero acquired Tokenise Stock Exchange International in June, a regulated stock exchange for tokenised securities that was founded in 2018.

“It’s a challenge to go down the path of educating a market and selling to them,” Hariri said. “That’s why our product has to stand on its own two feet as a product that delivers you value. That’s what we’re focused on. That’s why it takes us so long.”

“Our growth is all ahead of us.”

By

Ian Krietzberg is a breaking/trending news writer for The Street with a focus on artificial intelligence and the markets. He covers AI companies, safety and ethics extensively. As an offshoot of his tech beat, Ian also covers Elon Musk and his many companies, namely SpaceX and Tesla.

Sourced from TheStreet

By Jonathan Durante

Imagine you’re standing at the edge of a bustling marketplace where billions of potential customers are shopping. In this digital age, that marketplace is none other than Facebook, a vibrant hub of connections, interests and endless possibilities. It’s here that businesses big and small vie for attention, hoping to captivate the hearts and minds of their target audience.

But amid the flurry of ads competing for attention, how can you ensure that your Facebook advertising campaigns stand out from the crowd? How can you unlock the secret to maximizing your return on investment and turn your advertising efforts into a flourishing success story?

Below I’ll share three proven strategies that will help you navigate the dynamic realm of Facebook ads. My agency uses these strategies to guide our clients toward success.

1. Change Your Creative Frequently

Frequently changing your creative is important for keeping people engaged with your ads and getting more clicks. It helps keep things fresh for potential customers, so they will not get ad fatigue from being bombarded with ads featuring the same message or visuals every time they scroll through their social media feeds.

Changing your ads up also provides you with the opportunity to experiment with different types of content and gain valuable insights into what works best for your target audience. Try creating several variations of your ad creative, testing each one for a period of time and then switching it out for something else.

This will allow you to make more informed decisions when creating future campaigns, which will ultimately lead to higher ROI from your advertising efforts. By regularly modifying and testing different ad content, you can ensure that you are always making the most of your campaigns and getting the best possible results.

2. Use Strong Calls To Action

Effective calls to action can increase your click-through rate and drive conversions. They help guide potential customers through the sales process and encourage them to take actions, such as making a purchase or signing up for an email list. So make sure to include a CTA in every ad you create. This could be something as simple as “Sign up now,” “Learn more today” or “Get started here.” Make sure your CTAs are clear, concise and direct. Keep them simple, but use powerful language to encourage people to take action.

Another key tip is to create urgency. Include phrases like “Get it now,” “Limited time offer” or “Ends soon” to prompt people to act quickly before the opportunity passes.

Try experimenting with different CTAs and tones of voice in order to see what resonates best with your target audience. Remember, a strong CTA can be the difference between a successful and unsuccessful campaign.

3. Scale Your Budget Incrementally

If your ad campaigns are successful, you may be tempted to scale up the budget quickly. However, it’s usually best to take a slower approach and test each budget increase before committing fully. This will help ensure that you don’t overspend on campaigns that aren’t performing well and will also give you a better idea of the budget you need for maximum success.

Start with a small budget and gradually increase it as you get more data on the effectiveness of your campaigns. Analyse the data to identify areas where you can improve, and then adjust your budget accordingly. Scaling gradually by 10%-20% is a good rule of thumb we use at my agency.

As you start to see results, you can increase your budget more aggressively. Remember, digital advertising is a science—take your time and be patient to maximize your ROI.

Stand Out To Make Your Ad Dollars Count

In the vast virtual marketplace of Facebook, where billions of potential customers roam, it’s critical to make your advertising campaigns stand out. Refresh your ad creative frequently, and experiment with various visual styles and copy techniques to discover what works best for your audience. Use compelling CTAs to motivate users to take action. Lastly, don’t overlook the importance of strategically scaling your budget over time. Make every ad dollar count.

Feature Image Credit: getty

By Jonathan Durante

Co-founder at Expandify Marketing, a leading digital marketing agency. Read Jonathan Durante’s full executive profile here.

Follow me on Twitter or LinkedIn. Check out my website.

Sourced from Forbes

By Catherine Salfino

There are 8 billion people in this world. And of them, 60 percent, or 4.88 billion, are active social media users. In the U.S., that number jumps to 74 percent. This poses a great opportunity for brands to connect with consumers. However, there is a bushel of social media platforms. And the users differ for each platform based on age as well as the content they want to see. That’s especially true for Gen Z and millennials. For marketers, knowing the difference can make all the difference in connecting and capitalizing on social platforms.

YPulse data shows Gen Z and millennials are active on an average of six different social media platforms. And they’re going to each platform for different content.

“For brands, this means that content can’t be one size fits all,” states the YPulse Insights article. “They’ve got to pay attention to exactly what purpose each one serves for young audiences.”

Fully 81 percent of young consumers don’t want to see the same kind of content on every platform, according to the YPulse research. The firm also found 65 percent of young users don’t like when social media platforms create new features that replicate other social media sites—meaning, they want different content on each.

For example, in a YPulse survey of 13 to 39 year olds, users went to TikTok for memes and viral content (66 percent), content from online influencers (58 percent), random people they don’t know (57 percent), celebrities (49 percent), and their friends (46 percent). But when the same generations go to Instagram, they mostly seek content from their friends (66 percent), followed by celebrities (63 percent), online influencers (55 percent), brands/products (52 percent), and memes/viral content (51 percent).

The most popular social media platform for clothing ideas among Gen Z consumers is Instagram (74 percent), according to a 2023 Cotton Incorporated Lifestyle Monitor™ Survey. That’s followed by TikTok (71 percent), Pinterest (52 percent), YouTube (36 percent), Snapchat (18 percent), Facebook (13 percent), X—formerly Twitter (13 percent), and Tumblr (2 percent).

Among consumers ages 25 to 34, the top platform is also Instagram (78 percent), according to the Monitor™ research. That’s also followed by TikTok (57 percent), Facebook (51 percent), YouTube (43 percent), Pinterest (38 percent), X (22 percent), Snapchat (19 percent), and Tumblr (5 percent).

Simon Kemp, founder of Kepios, a strategy consultancy, and DataReportal, an online reference library, says social media user numbers continue to grow. He says his firm’s latest research shows social media adoption accelerated +1.5 percent over the past three months. Total social media adoption increased 3.7 percent since July 2022.

“This figure marks another momentous milestone along our journey towards universal connectivity,” Kemp said in a recent video when the company presented its quarterly digital report.

In the last quarter, DataReportal’s research shows females ages 16 to 24 spent the most time on social media, at 3 hours and 10 minutes per day. That was followed by females ages 25 to 34, spending 2 hours and 49 minutes per day on social platforms. Males ages 16 to 24 were next, at 2 hours and 35 minutes, followed by males ages 25 to 34 at two hours and 32 minutes. By comparison, men and women ages 55 to 64 average 1 hour and 40 minutes on social platforms per day.

That time spent on these platforms can translate into sales for apparel brands, especially among younger consumers. One-fifth (20 percent) of shoppers ages 13 to 24 say they have purchased a product directly from a social media post by clicking a link or image, according to 2020 Monitor™ research. The number increases to 23 percent among millennials.

Two-fifths (40 percent) of young consumers (ages 13-24) add that they’re likely to buy a product directly from a social media platform, according to the 2020 Monitor™ research.

Perhaps that’s why Pinterest is so popular with the younger set. YPulse research shows young consumers like that Pinterest offers in-post shopping where both creators and brands can tag the items they show, allowing users to purchase directly from the post. Gen Z and millennials put Pinterest in the number one spot for the kind of content they want from brands, including product recommendations that are linked within aesthetically pleasing pictures.

YPulse research shows the other top platforms Gen Z and millennials turn to for content from brands are Instagram, YouTube and Facebook. Where Instagram is concerned, 52 percent of young consumers say they want to see brands and products in the app. They like that social shopping also doesn’t waste their time or divide their attention by bringing them to another site. Also, these shoppers want to see niche or personalized content on Instagram, versus viral posts.

When it comes to advertising, young consumers are most open to watching it on YouTube (63 percent), followed by Instagram and Facebook, according to YPulse’s Social and Mobile Marketing Preferences report. And they’re open to content from online influencers on every platform except Facebook and Snapchat—two platforms where they prioritize posts from family and friends. Whether it’s a major celebrity or micro influencer, more than half of all young people (54 percent) say they have purchased something after it was touted by an online celeb on social media.

Social media holds the top spot for young shoppers when it comes to a source of clothing ideas. Over two-fifths of all Gen Z shoppers (43 percent) and 37 percent of millennials say they turn to social platforms for clothing inspo, according to 2023 Monitor™ research. That compares to 23 percent for Gen X and 7 percent for boomers. Celebrities also hold more sway with younger consumers. Among Gen Z, 17 percent look to celebs as a source of clothing ideas, as do 17 percent of millennials. That contrasts with 10 percent for Gen X and just 4 percent for boomers.

Brands should keep in mind the U.S. Chamber of Commerce says the influencer marketing industry is expected to grow to $21.1 billion in 2023, citing data from The Influencer Marketing Benchmark Report.

Finally, YPulse says Gen Z and millennial consumers love viral content, which explains why TikTok is so popular with these cohorts.

“Lucky for brands, this kind of content is easy to get in on if done right—and is yet another way to blend ad and brand content into their feeds,” YPulse states in its Insights article. Since 49 percent of TikTok users want to see humour from brands, funny content is one way to connect with them. “But even if a brand doesn’t think humour is part of their identity, there’s viral potential for everything—wholesome, lifestyle, DIY, you name it—and as long as it’s entertaining and personal, young consumers will be interested.”

The Cotton Incorporated Lifestyle Monitor™ Survey is an ongoing research program that measures consumer attitudes and behaviours relating to apparel, shopping, fashion, sustainability, and more.

For more information about the Lifestyle Monitor™ Survey, please visit https://lifestylemonitor.cottoninc.com.

Feature Image Credit: Getty

By Catherine Salfino

Sourced from Sourcing Journal

By Scott Everett

The 30- or 60-second TV spot – the ‘hero ad’ – has long been the prestige centre of ad campaigns. Is it time for that approach to die? PMG’s Scott Everett thinks so.

This might be controversial on the tailwinds of celebrating Cannes Lions, but it’s time to stop making hero ads the hero of every brand story.

The almighty 60- and 30-second spots that we have long revered as the centrepiece of every brand campaign are no longer the most important components of the marketing mix. That’s not to say that TV advertising and brand-building storytelling are not important, but it is time to acknowledge that advertising has fundamentally evolved. Today’s brands need a more nimble and data-driven creative model that recognizes live TV audiences are shrinking, streaming and social viewership are on the rise, and our creative canvas is exploding with opportunities to make advertising work harder and perform better.

Creatives have long put their faith into hero ads for building brands, but right now, we have an opportunity to embrace the power of integrated creative in telling stories and driving business impact. With audiences and engagement more fragmented than ever, customer journeys aren’t linear, and our creative strategies can’t be either. That means creative must be more unique, more complete, more agile, and in more places than ever before.

In media agencies, creative teams are benefiting from the innovation and inspiration that come from creative, strategy, and media working together. We are serving an increasingly complex and competitive marketing landscape, informed by new behaviours, artificial intelligence, and breaking through in new mediums ranging from Netflix to TikTok and Reddit.

Never before have we had more audience signals or indicators of intent helping us move people along the journey from awareness to purchase. Equally, never before has the journey been less of a straight path than it is today.

Mastering this creative flywheel is the hardest and most important job ahead of brands and creatives working together to build high-performing marketing strategies. Here’s how we can better align for the full-funnel future.

1. Build a flexible and robust story platform that fuels a high-performing media plan

Brand versus performance. Data versus instinct. Creative versus creators. Super Bowl spots versus Performance Max ads. It’s not either/or, and we all must embrace the healthy tension of building a plan together.

A flexible creative storytelling platform is a comprehensive, consistent library of stories that fuels a smart media plan, facilitating real-time iteration, optimization, and learning. When everyone is operating from the same blueprint and playbook, creatives can flex into any opportunity, planned or unplanned, and advertising works harder to deliver more for the brand.

2. Plan for speed and agility

While our creative palette for building cultural relevance has expanded, speed to market is critical. Everyone must work together across strategy, insights, creative, and media to adapt to where consumers are and what they expect from advertisers. Once everyone is aligned on the brand’s objectives, teams can be empowered to deliver impact in real time. This can be anything from partnering to accelerate the media and creative working hardest to leaning into emerging opportunities like AI, the metaverse, first-mover advantages with creators and platform partners, and any number of new ways of bringing creative ideas to market.

3. Embrace the white space between brand and performance

While TV ads are great for building broad awareness, product ads can be untapped opportunities for creatively engaging with a brand’s audience. Too many advertisers continue to bridge brand-to-conversion with discount messaging rather than creating a cohesive storytelling strategy around building brand and product love. The middle funnel is the creative frontier that makes all marketing work harder, and it’s beckoning us to think beyond the creative approaches of the past.

Technology advancements in this area are particularly exciting. For example, at PMG, we’re using AI to determine real-time creative insights that tell us what creative is performing best in any given moment, based on creative elements ranging from colour to product types to backgrounds or the use of models.

Once we let go of making hero ads the hero, creative can work harder across the full customer journey. Integrated creative can then truly become the hero of helping businesses meet their goals and accelerate into the future.

Feature Image Credit: Ali Kokab via Unsplash

By Scott Everett

Sourced from The Drum

By James Greig

The budget airline’s social media represents a bold new era of advertising in which the customer, far from being always right, is a snivelling little worm

There has been much talk lately about online abuse, with both the British and American governments drafting strict new legislation aimed at tackling the problem. But the internet’s most venomous troll has slipped under the radar: ultra-budget airline Ryanair. Casting aside the idea that the customer is always right, the brand’s social media presents a new, black-pilled mode of advertising in which the customer is both petulant brat and spineless coward, grumbling impotently as they submit to ever more degrading treatment.

Ryanair’s TikTok views the people who use its services with disdain and delights in the terrible service it provides them, safe in the knowledge that we are too broke to fly elsewhere. Taking all of the things which people hate about the company and turning them into a source of self-deprecating humour, it jokes about charging people for breathing, mocks customers for complaining about flights “which no one forced them to book”, gloats about having window seats with no windows and charging extortionate additional fees.

With both its TikTok and Twitter accounts, Ryanair has trapped its customers in a dom/sub dynamic. In one sense, it’s like the big-dicked top who fucks you good, treats you like shit and knows you’ll come crawling back for more. But the analogy breaks down when you consider that the company has no redeeming qualities other than cost: it’s more like a lover sending you a series of gloating texts about how terrible they are in bed, safe in the knowledge that you have no better options because you’re a broke-ass loser. Plenty of people lap this up, barking like seals (or replying “savage!!!”) at their own abjection. Over the last few years, the account has gained millions of followers and widespread acclaim. “The voice doesn’t just sound human. It sounds like a hilarious member of Gen Z: fluent in the latest memes, ready to pounce on bad takes and eager to troll for likes,” enthused one article in The Washington Post, which described it as “the most savage account of any airline”.

Ryanair’s antagonistic, self-mocking approach isn’t entirely new. Brands have been using irony for decades, usually in an attempt to capture something about the zeitgeist: in the 1990s it was slacker disaffection, today it is informed by the often chaotic and nihilistic humour of social media. Companies have previously embraced a bad reputation in an effort to transform it (one 2004 Skoda advert was premised entirely on the fact that everyone hated their product) and others have leaned into obnoxiousness – Cards Against Humanity, for example, once crowd-funded $100,000 to dig a hole in the ground. When people complained, “why didn’t you donate it to charity?” they replied, “why didn’t the donators?” Pretty twisted stuff… More recently, there has been a trend of advertising based on the idea that capitalism sucks: a Subway/UberEats advert with the slogan, “when your day is long, go footlong”, and a footwear brand cracking jokes about how young people today will never be able to retire.

As journalist Tristan Cross writes in The Guardian, these adverts “self-consciously [ape] the sardonic disaffection and dejection that many of us feel” and “affect a knowing posture, as if they, too, share our dissatisfactions with the modern world”. But this is slightly different to what Ryanair is doing: the brands mentioned above are coming to you as a friend, smiling in commiseration, and promising you respite from a cold and uncaring world. The Ryanair TikTok account is the cold and uncaring world. It is the sneering face of capitalist domination, lip-syncing to an audio recording of a toddler or a sassy exchange from a Bravo series.

Like Ray Liotta in Goodfellas, Ryanair’s message is simple: fuck you, pay me. Forgot to print out your boarding pass because you’re an old-age pensioner and you don’t know what an app is? Fuck you, pay me. Your luggage weighs a couple of grams over the limit because you’re transporting your grandmother’s ashes? Fuck you, pay me. Your flight has been cancelled through no fault of your own and you need to rebook? Fuck you, that’ll be £80. As a brand, they do not pretend to “value” their customers – we are profit cows and nothing more. CEO Michael O’Leary said himself that he would charge us to use the bathroom if he could. Instead of trying to gloss over this cold-blooded, mercenary streak, the Ryanair TikTok account embraces it.

There is admittedly something refreshing in its refusal to frame a transactional relationship in the sentimental terms of family or friendship. This is a carefully considered marketing strategy, no more authentic or anarchic than any other, and the decision to not sound “too corporate” has, of course, been signed off by corporate executives. It’s still capitalism with a human face, it’s just presenting itself as an outrageous oomfie rather than as a kindly neighbour or supportive friend. But the company’s celebration of its own greed does hint at a larger truth.

While they typically expend great effort in persuading us otherwise, the Ryanair approach is – at heart – how every business views its customers, from the major corporations downwards (except for youth culture and fashion publications, it should go without saying!) The cute little queer cafe that serves snacks and hosts Heartstopper viewing parties. The girl you went to uni with who has started hawking ethically sourced healing crystals on Instagram. The ten-year-old Girl Guide knocking on your door with a tray of home-baked cookies and a fantastical tall tale about raising funds for a local hospice. If they could get away with it, they would all slit your throat for the change in your pocket. Ryanair is just one of the few companies saying it out loud, having calculated – it would seem correctly – that we would find this admission funny.

In this respect, the Ryanair TikTok account shares a spiritual kinship with Donald Trump. As political theorist Corey Robin argues in The Reactionary Mind, part of the former president’s appeal was his willingness to expose the moral emptiness of capitalism, even as he revelled in it. Where previous generations of right-wing politicians had venerated the free market as a site of heroic and noble deeds, for Trump it was simply a matter of winning or losing – as he put it, investing in the stock market was no different from playing poker in a casino. Even though he proposed little in the way of changing it, Trump punctured some of the more flattering illusions about how our economy functions – and many people loved him for it. Are you starting to see the parallels yet? Only time can tell whether fans of the Ryanair TikTok account will go on to attempt an insurrection of their own, perhaps storming the British Airways Member’s Lounge in a fit of populist hysteria.

All that said, it would be overstating the case to praise Ryanair for its brutal honesty. While the company is happy to poke fun at its minor sins, the inconveniences and shakedowns with which anyone who has flown with them will already be familiar, it is not cracking jokes about its allegedly terrible working conditions, its violation of labour laws or the fact it was reprimanded by a watchdog for misleading claims about being a “low-CO2 emissions” airline, when it is in fact one of the worst polluters in Europe.

Ryanair’s bolshy TikTok account might be a calculated bit of schtick, but it’s entirely in line with the ethos of CEO Michael O’Leary, a man who admires Margaret Thatcher, who remarked that environmentalists should be shot, and once said, “You’re not getting a refund so fuck off. We don’t want to hear your sob stories. What part of ‘no refund’ don’t you understand?” Is this endearing brusqueness, or the contempt of a multimillionaire towards ordinary people? And is it an attitude any more charming when transposed onto the grotesque lips of an anthropomorphised airplane? Some of the videos are quite funny, and they are clearly an effective marketing tactic, but there’s something ugly at the heart of it all. If you want a picture of the future, imagine the Ryanair TikTok account calling you a pathetic little worm – forever.

Feature Image Credit: Courtesy Ryanair / Tiktok

By James Greig

Sourced from DAZED