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By Shoshana Wodinsky.

A good rule of thumb is to be skeptical of the privacy-forward changes Facebook touts to the public, and to deeply interrogate any of the quieter changes it rolls out behind the scenes since those—surprisingly—often mark the real efforts that the company’s taking to be a little bit less of an invasive shitshow.

In the latest change, Facebook is tightening its rules around the use of raw, device-level data used for measuring ad campaigns that Facebook shares with an elite group of advertising technology partners.

As first spotted by AdAge, the company recently tweaked the terms of service that apply to its “advanced mobile measurement partner” program, which advertisers tap into to track the performance of their ads on Facebook. Those mobile measurement partners (MMPs) were, until now, free to share the raw data they accessed from Facebook with advertisers. These metrics drilled down to the individual device level, which advertisers could then reportedly connect to any device IDs they might already have on tap.

Facebook reportedly began notifying affected partners on February 5 and all advertising partners must agree to the updated terms of the program before April 22, according to Tencent.

While Facebook didn’t deliver the device IDs themselves, passing granular insights like the way a given consumer shops or browses the web—and then giving an advertiser free rein to link that data to, well, just about anyone—smacks hard of something that could easily turn Cambridge Analytica-y if the wrong actors got their hands on the data. As AdAge put it:

The program had safeguards that bound advertisers to act responsibly, but there were always concerns that advertisers could misuse the data, according to people familiar with the program. Facebook says that it did not uncover any wrongdoing on the part of advertisers when it decided to update the measurement program. However, the program under its older configuration came with clear risks, according to marketing partners.

Gizmodo reached out to Facebook for comment about the changes—we’ll update this story if they respond.

A bit of background here: When you see ads on Facebook for—I don’t know, a giant furry suit—there’s a chance that the person advertising that furry suit didn’t do it alone. The company works with literally hundreds of marketing partners that can help that fur-vertiser every step of the way. A chunk of these partners specializes in “measurement” and “attribution”—in making sure that the right ad for the right fursuit gets seen by the right Instagram user at the right time.

Folks in the attribution space are plugged into every major platform and a ton of major ad networks themselves, aside from Facebook. An advertiser could go to one of these measurement partners and, to stick with our example, figure out which fursuit is driving the most e-commerce sales, or whether the way a retailer worded its ad might be scaring potential customers off.

Device-level data can be a huge part of the appeal of working with MMPs. In the case of mobile measurement, an advertiser could use that data to figure out which members of his target market respond best to which kind of fursuit, how long it took these target members to buy one of these things after seeing the ad, and where they made the eventual purchase.

That same device-level data could also give an advertiser a heads up if a person, say, isn’t really feeling furry ads in their feed all the time, or if they’re really feeling these ads and is in danger of potential bankruptcy from buying out a warehouse of merch.

Until now, this raw data could be passed freely from Facebook to its trusted ad tech partners, which could then share it with advertisers. Now, its partners can only use that data “on an aggregate and anonymous basis,” according to Facebook’s new terms of service for MMPs.

While the data here wasn’t as personal as names or addresses, it provided insights into the way an individual Facebook user responded to a piece of content, which could be just as useful for fursuit enthusiasts and political pundits alike—especially when they could potentially connect that to a given mobile device ID, which is unique to each phone.

As one marketing exec told AdAge, “Facebook saw this as potentially a really big data leakage problem. Nothing was stopping the advertiser from syndicating this data; Facebook couldn’t control whether or not the advertiser leaked it.”

With the ToS update, Facebook’s quashing that chain of command and keeping advertisers from getting their mitts on potentially sensitive user data. The changes also prohibit those advertisers—or the marketing partners, ostensibly—from taking these raw data points to create entirely new profiles of people off of the data that Facebook provided.

It’s worth noting that this isn’t the first time that Facebook’s floated this idea. Way back in 2015, mobile marketers revolted when the company approached them with the idea of throttling the amount of device-level data they had access to, causing them to drop the proposal. Likewise, the new update is leaving a lot of these same parties less than chipper about their on-Facebook targeting aspects, but it looks like Facebook’s been beaten down by enough congressional hearings to hold strong this time around.

Feature Image Credit: Getty

By Shoshana Wodinsky

Sourced from GIZMODO

By Jessica Goodfellow.

Both DoubleVerify and Integral Ad Science are issuing Covid-19 guidance to advertisers in response to growing concerns over publisher de-monetisation.

Amid fears that blanket keyword blocking relating to Covid-19 is demonitising valuable content and impacting publisher revenues, verification companies DoubleVerify and Integral Ad Science have moved to clarify their stances.

In a blog post published Tuesday (18 March), DoubleVerify chief operating officer Matt McLaughlin said that the company felt “compelled to speak out” about this issue, to ensure advertisers continue to support trusted news.

“Historically, DV has served as a neutral partner, providing technology and data to help brands and agencies determine content and context suitability for their needs,” McLaughlin wrote.

“However, for all of us, the coronavirus challenge is a unique news incident. It will not simply “go away.” Instead, it will continue to be a key focus for trusted news publishers as they do the critically important work of keeping the public informed with reliable, accurate information. Support of trusted news at the time of a global health pandemic is something we want all brands to strongly consider.

“In general, we encourage all brands to advertise across trusted news sites as broadly as possible, unless there is a direct connection between a news incident and their brand. At the end of the day, if a brand is advertising on the nightly news during the coronavirus crisis, or the front page of a major newspaper, then The New York Times homepage is no different and should be supported,” McLaughlin surmised.

DoubleVerify’s blog came in response to news of increasing measures preventing advertisers from appearing next to content related to the outbreak. While social networks Facebook, Google and Twitter have said they are trying to block opportunistic ads from their platforms, YouTube said last month it would demonetise videos that mention coronavirus.

DV cited a report in The New York Times, which said that Integral Ad Science blocked the “coronavirus” keyword 38.4 million times in February, making it the second most blocked term behind “Trump”.

Campaign Asia-Pacific reached out to IAS for a response. An IAS spokesperson said that while many of its clients have added keywords to block content around the coronavirus, “we are not advising advertisers to consider all content on the virus unsafe, as there is high-quality non-negative journalism on premium sites that could be safe and suitable for brands”.

“Our approach has been to provide our clients with the tools to enable them to make a decision about what is suitable for each of their campaigns,” the spokesperson added.

IAS will shortly be releasing research it has conducted on consumers and how they are perceiving content adjacencies related to the pandemic, noting that in the current environment, “both marketers and publishers are seeking guidance on how to appropriately navigate this unprecedented situation”.

The verification company also acknowledged that news publishers may be negatively impacted by “overzealous keyword blocking strategies” that can reduce impression volumes. It guided publishers to explore new monetisation methods such as third-party contextual solutions. Conveniently, IAS has just launched a tool in this vein.

This story was originally published on campaignasia.com

By Jessica Goodfellow

Sourced from campaign

By .

The 2010s were defined by tech-based startups, think Uber and Airbnb, that shook up major industries like transportation and hospitality. While their products were revolutionary, at the end of the day it was their cutting-edge branding that really took these businesses to the next level. As we enter 2020, it’s important to strive towards branding that’s just as compelling and striking as the brands that dominated the last decade.

Also, younger generations, like later millennials and Generation Z’s, are gaining more buying power, so their tastes will determine the direction of branding trends. Here are four emerging trends that startups should keep track of when creating a noteworthy brand.

1. Interactive experiences encourage audiences to engage with your content

As traditional direct advertising continues to lose its luster with modern audiences, customers are seeking new, tech-based experiences. These technologies, like virtual and augmented reality, allow audiences to interact with their favorite brands in brand new ways. Brands that find ways to reinvent themselves in digital spaces are seen as forward-thinking and intriguing by millennials and Gen Zers. Content like BuzzFeed’s interactive quizzes has taken over social media, allowing audiences to personalize themselves through the brands they interact with online.

This past year, IKEA expanded upon the capabilities of its augmented reality app, allowing users to place multiple pieces of virtual IKEA furniture into their rooms, essentially “trying before they buy.” The ability for customers to easily visualize furniture in their own rooms helps them engage with IKEA on a more personal level, making their content and branding more accessible to consumers than ever before. By using immersive technologies like VR and AR, brands can position themselves as extensions of their consumers’ perceptions of the world.

2. Abstract visuals captivate audiences

Trendy branding is less about the services brands offer and more about evoking strong emotions, core values, and lofty ideas. Modern brand imagery has reflected this shift by becoming more abstract and dreamier than ever before. By utilizing more daring, eclectic, and post-modern imagery, trendy startups promote the more ethereal aspects of their brand in a time when these intangibles are more important than ever.

Skillshare, an online learning platform focused on the creative arts, has frequently used abstract imagery in its blog to promote its brand as a hub of outside-the-box creativity. The striking imagery showcases the creativity of Skillshare’s community, establishing its brand as a digital space in which forward-thinking imaginativeness is encouraged.

3. Animations cut through the static

Modern audiences are also moving beyond static imagery, which is evident through the massive popularity of GIFs on social media. However, GIFs are used so frequently now that they’ve become background noise, leaving their original purpose of getting the audience to slow down and engage with the content unfulfilled. To remedy this, successful brands have incorporated movement and animation into other aspects of their online presence in order to capture the attention of customers. By having charming animations littered throughout the UI of their digital space, brands can make interacting with them a more pleasant and uplifting experience for their customers.

Mailchimp is a digital marketing platform that uses quirky animations throughout its website to make its digital space inviting and non-intimidating. Rather than bombarding its users with statistics and figures, Mailchimp’s simple, dreamlike animations put customers at ease, encouraging them to check out the site and its features.

4. Eye-catching brand naming intrigues audiences

For startups, incredible products or innovative new services aren’t enough to stand out. Your business must establish a brand that’s compelling and electric, and the first step towards achieving this connection with audiences is through your brand’s name. A name can easily make or break your brand in the eyes of your audience, so deciding on a name that draws positive attention and sticks in your customer’s minds is essential to the branding process.

As modern brands are changing to become more personal, jarring, and disruptive, brand names are following suit. As more and more domains and naming trademarks have been filed, emerging startups have doubled down on striking, out-of-the-box names. Many names, like Discord (a social platform designed for gaming) and Slack (an instant messaging service made for the workplace) are powerful and unconventional despite their simplicity. Others, like the mattress company Purple, use offbeat names in combination with humorous and peculiar branding to gain enormous amounts of attention in industries with traditionally “boring” branding. Some brands even go as far as to use ironic names (like Elon Musk’s The Boring Company), combining wordplay with a name that would have previously been seen as counterintuitive in order to stick out from the competition.

If you’re drafting a name that’s considered unorthodox, make sure to do extensive audience testing to make sure your eccentric name is attracting customers instead of alienating them.

Audiences are seeking brands that align with their values

The main commonality between these four branding trends is the idea that startup brands should no longer revolve around their products or services, but on the intangibles — their mission statements, their personalities, and their entrepreneurial spirits.

As social media dramatically lowers the communication gap between customers and brands, audiences are looking towards brands that are more personable and human. They view them almost as “friends,” and like with any other friend, they hope these brands have ideologies that align with their own. Startup brands won’t make it far if their values or personalities fundamentally clash with those of millennial and Gen Z audiences. To avoid this, craft a brand that is socially conscious, effortlessly cool, and has a strong, unmistakable mission statement.

Feature Image Credit: Image credit: Getty Images 

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Sourced from Entrepreneur Europe

By Robert Rose

You’re a rule breaker, iconoclast, rebel. You are somebody who won’t take “no” for an answer. Sounds like an ad for Apple doesn’t it?

These days we tend to celebrate the rule breakers. We’re taught that great leaders take risks and disrupt the status quo. They innovate by breaking the established rules with something better.

Until, that is, the rule breaker breaks a rule that we like.

If an iconoclastic business leader embezzles money from the company, cheats on their spouse, or simply cuts in line at Starbucks, they’re not a rebel. They’re just a jerk.

There are rules we set and follow. And there are the inexplicit rules that become patterns over time – “the way things are done.” We typically follow both kinds of rules because we recognize that they keep things functioning smoothly and/or safely. And we break them because either we don’t agree that they help things function smoothly or safely or because we’re unaware that the rule exists.

When the iconoclast zags while the rest of the world zigs, we appreciate the innovator because they didn’t agree with the conventional pattern of how things are done. They stress test the existing rule with a new one. For example, when Elon Musk broke the “rule” that cars are to be sold through a network of dealerships, no one except his competitors really cared about that rule. It was just the way things had been done. The new rule – cars can be sold on demand – was a welcome change.

In business, both the formal and informal rules become part of our corporate culture – and make up (in both good and bad ways) the fabric of our strategies. But the challenge arises when the way-things-are-done practices become problematic. People can’t break rules that don’t exist and continue to practice “the way things are done.”

In our consulting and advisory work, we see this challenge prominently when it comes to content strategy. We hear laments from practitioners such as:

  • “Anyone with a budget and executive support can publish to the website.” (Is there a rule to state they couldn’t?)
  • “Sales doesn’t use the content that we create.” (Is that because no one has said sales is not allowed to create their own content?)
  • “We don’t have time to manage the quality of our blog because we’re too busy producing content for other groups.” (Is that because there are no rules about how content requests are managed?)
  • “Our content marketing is only as good as the paid social campaign that promoted it.” (Is that because you measure content quality based on how much money you spend to promote it?)

Sound familiar?

CMI’s B2B Content Marketing 2020 Benchmarks, Budgets, and Trends – North America research backs these challenges up. (Results for B2C marketers were similar.) Consider:

  • 48% of B2B marketers don’t think their organization provides an optimal experience.
  • 59% of B2B marketers don’t document their content marketing strategy and make it a socialized and communicated approach.
  • Over half (54%) are either unsure or expect to see a static or slightly decreasing budget in 2020.

There are seven simple words that explain why marketers and their brands experience these problems: Content is not treated as a strategy. Therefore, there are no set rules for content, there’s only “how things are done.”

Breaking rules is fun. Lacking rules … not so much

Whenever I see these numbers and hear the associated complaints, I know they originate from an imbalance in the operating models of content. And that means content marketing teams are suffering from the lack of useful rules.

Complaints from #contentmarketing teams often reveal an imbalance of operating models, says @Robert_Rose via @cmicontent. #CMWorld  Click To Tweet

Defining, documenting, and implementing a content operating model gives teams the ability to enforce a strategy – and the flexibility to stray from it.

I recently worked with a mid-sized technology company whose content marketing team experienced the downside of a rule-free approach to content operations.

That small content marketing team was tasked with supplying content assets to the rest of the company. The assets included infographics, white papers, and webinars for the demand-generation team, PowerPoint decks for the C-suite, and customer success stories for the sales teams.

They were swamped. To keep up with the demand for content, they outsourced a greater and greater number of creative projects to freelancers and to their agency. Other teams in the company started creating their own content assets because the content marketing team couldn’t keep up with demand. (The quality of those content assets was about as good as you might expect.)

Despite how slammed they were, the content team itself managed to produce many thought-provoking pieces. But, because their content marketing strategy was simply to produce bait for demand-generation campaigns, conference sessions for the C-suite, and enablement collateral for the sales team, they never got to any standard of quality. Put simply, there was no standard of “enough content,” because without rules of capacity, there could be no priority. The most important piece of content became the one the team was latest in delivering.

Without #content rules of capacity, there can be no priority, says @robert_rose via @cmicontent.  Click To Tweet

The team fixed this by fundamentally reshaping their contribution model. By cultivating a 60-40 prioritized split of content led and created by the content team vs. the content created on request, they were able to prioritize their strategic efforts (the 60%) and the reactive fulfillment (the 40%). By tracking and measuring this balance, the team not only had the ability to say “no,” or “you must wait” to content requests, but to provide better value to the business.

Content marketing is cool, but content strategy makes it work

One of the biggest trends we see is content marketing teams being asked to take on much more than creating cool blogs, resource centers, and content hubs. They’re now being asked to create value at every level of the content-driven experiences that a brand manages.

As companies integrate content more deeply in their business strategy, they need guidelines, protocols, and standards that can provide for scalability, and balance for the operation of content. Put simply: They need to define and plan for the unique operating models of content. By definition each model has optimal team structures, engagement, and governance approaches.

The models have rules. This is the heart of a functional content strategy, one that focuses on the planning, creation, delivery, and governance of content across an enterprise.

Here’s an overview of the four content operating models from an article I wrote last year:

Each model falls along two scales. The first is the business integration scale. At one extreme, content exists to simply support other, isolated parts of the marketing and communications teams as a contributor. The other end of the business integration scale is content marketing as a core business strategy.

The other scale is function. At one end, content marketing is internally focused, supporting internal constituencies for their strategic needs. On the other end, content marketing is externally focused on direct relationships with audiences, drawing in audiences to be managed with the same care that you might give customers.

Now, consider these two before-and-after examples of content teams that eventually chose a content operating model.

Health-care company discovers a ‘web of capabilities’

One large health-care company I worked with faces a big challenge in the way the content team is balanced. The team is seen as a “service organization” that publishes content to the corporate website, creates blog posts for the lifestyle blog they manage, and provides some support for the customer service team.

They’re so swamped that their governance model is built around the idea of offloading more and more content strategy responsibility to regional offices.

In fact, (and this is a topic for a whole other post) their enterprise content management vendor leans on this approach as a key selling point: “If you deploy our solution, content management will be democratized and every business manager can help manage your content.”

All of you who manage an enterprise CMS for any sizable company are cringing right about now. You know exactly how wrong this is.

The challenge is, of course, that the regional folks not only don’t understand the enterprise content strategy rules, they don’t really care that much. So they use the enterprise tool in the wrong way or they deploy other CMS solutions because “they’re easier to use” or, you know, “just because.”

No rules.

This was a great reason for the content team to rebalance and adopt the processor model. This model empowers the content team to be responsible for the website and the blog, but also to lead the strategy for how content is managed as a “product” of the company.

A #content operating model empowers the team to lead how content is managed as a product, says @Robert_Rose via @cmicontent.  Click To Tweet

As there would be for any product, there are rules for content creation, governance, execution, and measurement. Now when regional offices apply for responsibility to manage content, they’re brought into the content strategy team with training around content protocols.

They become part of the whole content team – not just the team managing regional content. As a result, the organization is building a network – a “web of capabilities” as I like to call it.

There are rules, which can (and often are) broken. For example, one doctor in one region has a popular microsite. Because it works, it is acknowledged to be outside the rules so that others can’t copy the exception. This company now has a handle on its content strategy – and can scale it appropriately.

Software company finds its media product groove

A mid-sized software company I recently consulted with faced a different kind of challenge (and chose a different solution).

The three people managing its content marketing had been charged with creating a new thought leadership platform for the company. The challenge was how to add the content to populate this new publication to their already stacked pipeline of content assets.

The team was creating tons of assets for the enterprise software sales team. They engaged influencers and analysts to write white papers. They conducted webinars. They helped produce the annual customer event.

To make it all work, they decided to use the thought leadership platform as a distribution channel for all the content assets they already were creating. There was only one problem.

Everybody else hated that idea.

The sales team didn’t like it because it meant their content would be accessible without a registration gate. The demand-generation team didn’t like it because they felt it would compete with their drip campaigns.

The model was imbalanced. There were no rules.

The team decided to reboot by strategizing, documenting, and deploying an operating model that combines the player and performer operating models. They asked, if they were to launch a new thought leadership platform:

  • What purpose would it serve?
  • What differentiated value could it give the audience?
  • How would it integrate into the business’s content strategy?

This renewed strategic approach gave them the ability to launch a new intake and production model – rules – for sales-enablement assets. Some assets would be appropriate to re-use or repackage for the thought leadership platform.

The process of creating their content operating model also helped them map what they’d need to operate a strategic, differentiated (internally and externally) thought leadership platform that wasn’t competing for audience engagement with the company’s other content experiences.

Now this content team has the appropriate editorial strategy to manage their publication and their ability to supply the rest of the company with assets.

Learn like a scientist, perform like an artist

There’s a wonderful quote, usually (and probably falsely) attributed to Pablo Picasso: “Learn the rules like a pro, so you can break them like an artist.”

One objection we hear to developing a strategic and highly structured content marketing strategy is that it can take the spontaneity and speed out of the creation process. We hear protests such as “it will slow us down,” and “we won’t react as quickly,” or “creating content will feel like procurement or accounting,” and “we’ll lose the ability for everybody to create content.”

My reaction to that? “Yup, you’re exactly right. You will experience all those things.”

Rules and structure will slow down the creation process. They’re designed to do that. Our advice is to let it feel slower. You will make up speed on the back end when your team is looking for better structured assets in the content management system – and can find them instead of re-creating them.

Rules and structure will slow down the creation process, says @robert_rose via @cmicontent. #contentstrategy  Click To Tweet

Rules do remove the ability for everybody to create content. But let’s be honest – not everybody in the company should be creating and publishing content. Creating great content is not everybody’s job. It’s not everybody’s calling. If it’s a skill worth hiring for, it’s a role worth specializing.

Rules do make content feel like a strategic function – yes, like accounting or procurement. And it absolutely should be. Businesses create as much or more content than anything else they do. It deserves the same care, deliberation, and strategic approach as any of the most strategic functions in the business.

#Content deserves the same care, deliberation, and strategic approach as any of the most strategic functions in the business, says @robert_rose via @cmicontent. Click To Tweet

Content is communication. The right strategy, structure, and rules help you communicate like a professional – even when you choose to break them like an artist.

Spend a few days this October at Content Marketing World where the theme is all about breaking rules. Register today for the best rates.

Feature Image Credit: Joseph Kalinowski/Content Marketing Institute

By Robert Rose

Robert is the founder and chief strategy officer of The Content Advisory, the education and consulting group for The Content Marketing Institute. Robert has worked with more than 500 companies, including 15 of the Fortune 100. He’s provided content marketing and strategy advice for global brands such as Capital One, NASA, Dell, McCormick Spices, Hewlett Packard, Microsoft, and The Bill & Melinda Gates Foundation. Robert’s third book – Killing Marketing, with co-author Joe Pulizzi has been called the “book that rewrites the rules of marketing.” His second book – Experiences: The Seventh Era of Marketing is a top seller and has been called a “treatise, and a call to arms for marketers to lead business innovation in the 21st century.” Robert’s first book, Managing Content Marketing, spent two weeks as a top 10 marketing book on Amazon.com and is generally considered to be the “owners manual” of the content marketing process. You can catch up with Robert on his popular podcast – The Weekly Wrap. Follow him on Twitter @Robert_Rose.

Other posts by Robert Rose

Sourced from Content Marketing Institute

B

The coronavirus pandemic continues to change the way we shop, work, socialize, travel and much more. It’s a fast-moving situation, but we’ve pulled together another of our regular, up-to-date snapshots of how brands are responding to the crisis. We hope this is informative and helpful – please circulate it to anybody you think might find it of use.

Manufacturing & Retail

Alibaba co-founder, billionaire Jack Ma, has promised to donate one million face masks and 500,000 testing kits to the US. The first shipment took off from Shanghai on Monday. He has already sent supplies to five other countries. “Drawing from my own country’s experience, speedy and accurate testing and adequate personal protective equipment for medical professionals are most effective in preventing the spread of the virus,” he said in a statement. “We hope that our donation can help Americans fight against the pandemic!” China is the world’s biggest supplier of face masks. As the coronavirus crisis in China ramped up in January, the country cut face mask exports to the rest of the world while buying up most of the world’s supply.

Several supermarkets including Stop & Shop in the US and the UK’s Iceland are opening earlier to serve older customers, and German-based retailer Aldi has just donated £250,000 to charity AgeUK.

UK-based greetings card and stationery retailer Paperchase is refusing to accept cash payments due to infection worries. If this policy spreads, New York City’s recent decision to ban cash-free stores may have to be rethought.

Luxury goods conglomerate LVMH has announced that its perfume and cosmetics production facilities will switch to making hand sanitizer, to be distributed free to French authorities and health organizations. The facilities usually make upmarket products for LVMH’s luxury brands such as Christian Dior and Givenchy.

Pernod Ricard’s Swedish vodka brand Absolut has offered to supply Swedish authorities with high-proof neutral alcohol for use in hand sanitizer.

Research firm Gartner has just released a report on brands’ reaction to the virus in China. Unsurprisingly, time spent online shot up by 20%, and brands reacted to that in a variety of ways.

  • Estée Lauder’s Weibo hashtag “We Can Win This Fight”, associated with the brand’s celebrity video messages, has been viewed more than 61 million times and has generated 328,000 discussions.
  • Louis Vuitton’s physical stores were closed in the lead-up to Valentine’s Day, so the brand launched an online pop-up store within the WeChat app, with live chat for pre-sale consultations and promotions shared via store associates online. Online sales were double those of Valentine’s Day 2019.
  • Activewear brands have been quick to promote in-home exercise content at a time when usage of the short video app Douyin (known as TikTok in the West) has seen usage as much as double. Nike began posting workouts to the platform, and its account has amassed 346,000 followers and more than 2 million likes.
  • Transparency proved important too; household cleaning brand Dettol took to its Weibo account to detail how it was handing the spike in demand.
  • Reactivity is also vital: When the dog of a beauty influencer began trending on Weibo after appearing in a livestream, beauty brand Perfect Diary used his sudden celebrity to launch a “Dog Eyeshadow” pallet; 16,000 pieces sold out in 10 seconds.

However, Gartner analyst Danielle Bailey warned that what is appropriate in China might not work as well in the West. “China has a much higher tolerance for sales messaging than the West, and a business-as-usual strategy approach is not advisable for Western markets,” she said. “Brand-building should be prioritized in this period. During a crisis, timing is critical. Determining the appropriate cadence and striking the right balance between commercial and branding messaging will be key.”

Amazon has announced that it is hiring an extra 100,000 employees in the US to cope with unprecedented demand for deliveries. It will also raise pay by $2 an hour. Earlier this month, Amazon relaxed its attendance policy for warehouse workers, allowing them to take unlimited unpaid time off through the month of March and launched a $25 million relief fund. The “Amazon Relief Fund” will allow employees to apply for grants that are equal to or up to two weeks of pay if they’re diagnosed with coronavirus.

Apple has closed all of its stores outside China until March 27. That’s more than 450 sites. However, employees will continue to be paid during the outage. Outdoor clothing brand Patagonia has already implemented store closures, and Starbucks are said to be considering it after a case of the virus at one of their sites in Seattle.

The UK government has put out an open call for businesses including Ford, Honda and Rolls-Royce to help produce medical ventilators. However, it is not immediately clear how a manufacturer of jet engines or cars could turn to producing specialist medical equipment, which international parts would be needed or what certification would be required. One option could be to adopt defense industry rules which can be used to order certain factories to follow a design to produce a required product quickly.

Mercedes has been hit by a wildcat strike at its Vitoria plant in Spain’s Basque Country. After a case of coronavirus was confirmed at the plant, the firm asked its 5,000 workers there to continue working. However, they refused, forcing the closure of the factory.

Technology

Chinese-owned computing company Lenovo pitched in quickly to help with the initial Wuhan outbreak, donating all of the IT equipment for the Wuhan Pneumonia Prevention and Control Headquarters, a temporary hospital constructed seemingly overnight. Lenovo is now working with Intel to provide the data analytics and computing needed by researchers from the Beijing Genomics Institute (one of the world’s largest genomics organizations) to crack the new coronavirus’s genome in a race for a cure. Knowing the disruption that was coming, the company early on strengthened its VPN capacity globally to support employees who would be working remotely.

Global cloud computing company SAP has responded to the crisis by opening up free access to its Ariba Discovery supply chain solution and Tripit, its travel itinerary manager. Other could-based connectivity providers such as Google and Microsoft are offering free trials of their enterprise collaboration tools.

Pinterest is redirecting anyone who searches coronavirus to a dedicated page in collaboration with the WHO, while Google has set up a separate search module for verified Coronavirus information. Apple, meanwhile, has changed the rules of its App Store to ensure that any virus-related apps can only come from approved health bodies.

Human resources software provider Workday is offering employees a bonus worth two weeks’ pay. Workday said it hopes the pay can “help alleviate some of the pressures” brought on by school closures and other changes, and said it would also create a relief fund “to help employees who may need additional support and have significant hardships that go above and beyond.” The company will also expand benefits like paid sick leave for employees infected with COVID-19 and Care.com coverage for back-up childcare. It’s also giving employees one year of access to the meditation app, Headspace.

Online commerce facilitator Shopify is offering its 5,000 employees a one-off $1,000 to set up a home workspace, while requiring them all to work remotely.

Healthcare & Fitness

The growing telehealth industry has, for obvious reasons, seen a huge bump in uptake. Doctor On Demand has reported a 15-20 per cent increase in virtual visits; Austin, Texas-based startup Wheel, which vets and trains clinicians for other telemedicine firms, has seen what it describes as “a remarkable increase” both in demand for visits and from doctors wanting to join the network.

Home fitness is booming, with some interesting results. Peloton, who have shifted from static bicycles and treadmills to all-round fitness training, is offering free 90-day trials of its app, which allows users access to yoga, strength training, stretching and other classes whether they own one of the company’s treadmills and bicycles or not. Nintendo’s Ring Fit Adventure game, which retails at $79.99, is selling on some sites, particularly in China, for up to $250, and is out of stock in many outlets. The fitness-training game contains physical controller accessories so can’t just be downloaded, and the manufacture of those has been hit by factory closures. 

Travel & Tourism

This sector has been particularly hard-hit, with airlines, travel companies and cruise lines among the worst affected by both the global pandemic’s travel bans and the stock price crash. Virgin Atlantic has just announced that it is to cut 80 per cent of flights by March 26th and is asking staff to take eight weeks’ unpaid leave during the next three months, which has sparked a social media backlash against its billionaire founder Richard Branson. The Virgin Group’s chairman has meanwhile asked the UK government to provide £7.5bn of state support to the aviation industry. British Airways and American Airlines also plan to cut capacity by around 75 per cent, and Irish-based budget airline Ryanair has cancelled 80 per cent of flights until May.

Many hotel chains are now offering travelers free cancellations – but as with many businesses, their policies are evolving on a minute-by-minute basis. Hyatt, Hilton, Marriott and Intercontinental, among others, are waiving cancellation fees for bookings up to the end of April. One snag, though – if the booking was made through a third party, as so many are, it may not be eligible for the program. Expedia has so far offered free cancellations or changes in certain circumstances but their call centres are reportedly overwhelmed.

European travel giant Tui is suspending the “vast majority” of its operations, including package holidays, cruises and hotel operations and applying for state aid.

Sports & Media

While Formula 1’s Australian Grand Prix was cancelled at the last minute, a hurriedly-arranged online event proved surprisingly successful. The All Star Esports Battle featured real-life F1 drivers, plus endurance, IndyCar and Formula E stars, battling against professional esports contestants. Ferrari and McLaren both have professional esports teams, with the former winning last year’s F1 esports championship. The event attracted more than half a million viewers – ­90 per cent more than any previous esports racing event.

Legendary and long-running motorcycle race the Isle of Man TT has also announced the cancellation of 2020’s event. This will be a major blow to the small island, which estimates that the event brings a £28m boost to the local economy. The event has been run since 1907.

The TV and film industry is starting to cancel filming, which won’t be good for workers in an industry which relies heavily on freelance talent. The BBC has just announced the postponement of several headline TV series, while Disney has paused its film productions of Batman and The Little Mermaid. More will undoubtedly follow.

Disney did bring a little cheer to families stuck at home, however, by releasing Frozen 2 three months ahead of schedule on its Disney Plus streaming channel. The move, according to new Disney CEO Bob Chapek, is about “surprising families with some fun and joy during this challenging period.”

Film studio NBCUniversal, hit hard by the lack of cinema audiences, has started streaming current movie releases via Apple, Sky, Comcast and Amazon, pricing them at a premium $19.99 for a 48-hour rental. The crisis “could serve as a catalyst for long-delayed change,” noted Variety’s Andrew Wallenstein. That includes the prospect of premium video on demand – that is, making movies available earlier to watch at home, for an elevated fee that would help offset lost theatrical revenues.

One of the more interesting media pivots of the last few years has been the global Time Out Group’s move from publishing increasingly unprofitable print city guides to running hip restaurant-based food markets, now operating five worldwide. Unfortunately, they’ve just announced that all five are to close for an unspecified period. Not good news for a brave operation.

19-year-old NBA star Zion Williamson has pledged to pay the salaries of all workers at New Orleans’ Smoothie King Center arena for the next 30 days. “These are the folks who make our games possible, creating the perfect environment for our fans and everyone involved in the organization,” he wrote on Instagram. ”My mother has always set an example for me about being respectful for others and being grateful for what we have.” Other NBA players and team owners have also pledged amounts in the hundreds and thousands of dollars to support laid-off workers.

B

Sourced from brandchannel

By

Our recent article about Digital Influencers in Gaming received a positive response. But for many of our readers, it also pushed them to ask more questions. In specific, about how websites and blogs like FULLSYNC find these opportunities, and how they could monetize their own websites.

I’ll be honest. Many of the opportunities we’ve had we didn’t even request. People came knocking on our door. And this left us with a warm fuzzy feeling inside because to get that recognition, it leaves you feeling that you’re doing things the right way, and your brand is becoming reputable.

That’s not to say though that you can’t go looking for these kind of opportunities yourself. And since we received a few emails asking about the subject, we’ll share some places you can visit and services you can use that may help you monetize your own sites.

Advertisements

You’ll no doubt see adverts everywhere you go. Both in real life and online. You’ll even find them on our website. Personally, we use possibly the biggest online advertising service, Google AdSense. They allow you to post adverts on your site, which use the visitors cookies, as long as they have permission, to show them targeted ads to products and services they may like.

Services like this use a combination of metrics such as the number of impressions they generate (how many people see them) and how many people click them. Others, such as Yesirads, may offer you payment just based on impressions. But they also offer different types of ads that can end up popping out of nowhere and taking over the users screens.

It’s important to get the balance right this way. You don’t want too few ads that you make nothing, but you also don’t want them to dominate your site. Let your content do the talking and be the main attraction. Adverts should sit idly by, minding their own business. There is one issue though. Some visitors may use AdBlock software so they don’t appear, meaning no money.

Plane flying through the sky with a banner following saying "Advertise Here"

Affiliate Links

Another way of advertising is using affiliate links. Many brands offer affiliate accounts in which you advertise their product or service, and for everyone who buys or signs up to what they’re offering, you get a cut. A great way of generating additional revenue to help fund the hosting costs of your blog or website, plus less intrusive than full blown adverts.

But don’t just post random links over your website that make no sense, it looks a little desperate. Make sure the links are relatable. For example, you might receive some speakers or a game to review. The same items could be on Amazon, and anyone can sign up for their affiliate account. So, at the bottom of your review, leave an affiliate link to the same thing.

Not everyone is going to buy the item. But many affiliate services like the Amazon one, only need you to send people their way. Then they pay you commission for whatever they buy. So yes, you may link them to a speaker, but if they decide they’re more in the mood for instant mash potato, you still earn money.

How Affiliate Links help to monetize your website

Sites that help Monetize

Advertisements and affiliate links aren’t the only way to earn money. There are many sites out there which look to help bloggers monetize their sites, by pairing you with brands and businesses. One such site that offers paid blogging jobs is Get Blogged.

They’re essentially an agency for bloggers wanting to monetise their blogs, and for brands, businesses and agencies needing help with, or wanting to outsource their outreach in a cost effective way. The great thing here is, you get to apply for your own opportunities, and if you’re stuck for content, there are always suggestions about what to write if you’re successful.

It isn’t the only site either. There are plenty you’ll find if you just quickly search google. Some may have more opportunities than others, but different sites may have more relatable content for your blog as they all work with different brands. So it is really worthwhile exploring.

Some sites act as a middle man to help brands and bloggers find each other
Not all middle men are bad, sites like Get Blogged help bloggers and brands find each other

Social Media

Google isn’t your only friend when it comes to finding sites like Get Blogged. Social Media is a great tool as well. You’ll find many groups for bloggers, some focus on blogger opportunities, others will just offer advice. One really supportive community we’re apart of for example is Official UK Bloggers on Facebook; full of helpful advice and friendly faces.


Hopefully that’s helped some of you who have sent questions in, and opened up some new avenues for you all to explore. By no means is what we’ve explored a definitive list, and there are loads of other ways to monetize your site as well. But these are some of the more common methods that we’ve personally found work well.

And who knows, as your site grows like our very own has. Then brands and businesses may start approaching you directly. Then it’s all about working those relationships in a positive way and networking with new people to keep expanding.

By

Sourced from FULLSYNC

Sourced from Mail Online

Launching a start-up in today’s retail climate might seem a daunting prospect.

When we think ‘retail’ we think of the high street, and with that, it’s easy to think of empty stores and closing down sales.

According to the latest figures from the Office for National Statistics, the quantity bought in retail sales during the three months to December 2019 fell by 1 per cent when compared with the three months prior, while December itself was described as the high street’s worst Christmas on record.

But being online can be a challenge too. The ease and reach of the internet – for both the seller and the customer – means competition is high and customers may get overwhelmed by choice, or even overlook a business with a quick swipe.

So how you do know whether your business will succeed best online or in a store?

Ben Law, managing director of 123 Reg, highlighted cost as one of the biggest determining factors in whether a business owner chooses to operate from a physical location or via the internet.

He says: ‘Of course this depends on the business proposition but being online is far cheaper than paying rent for a building and everything that goes inside it.

‘But then being in a store, especially when offering bespoke services such as personal shopping, or things to make the customer’s shopping experience hassle-free such as a children’s play area are the types of things that can gain loyal customers.’

Building trust

He adds that while having an online presence can also be great for driving loyalty and trust in a business – as three-quarters of customers will do their research online before visiting or making a purchase from a vendor – it also has the power to taint it before a customer has even considered it.

‘Online is where a business can really make sure they are starting and steering the conversations they want and to make sure they look trustworthy,’ he adds.

December 2019 was described as the high street’s worst Christmas on record

‘Having a website with up to date content and a social media feed that is active can accelerate the decision from a customer to trust you and give you legitimacy.

‘Not having that online persona is immediately eroding a presence of trust and alienating traffic. And having a stagnant website can be even more damaging.’

If an entrepreneur decides to start a Facebook page for its business for example, it’s important to keep it updated and looking fresh. A lack of activity can give the impression of not doing well, not caring or even not existing anymore.

Meanwhile, reviews are also critical for gaining and maintaining trust online.

Law says: ‘They are the online version of traditional word of mouth recommendations – you can even find people with verified transactions.

‘It’s hugely important for businesses to manage and curate their reviews and having them back by a trusted review partner. As a small business owner in particular, it is important to respond to reviews to show that you are active and engaged but also transparent.’

Why being online is key

Ultimately, he believes having an online presence, be that via a website or a social media channel or two, regardless of whether you operate from a physical location, can be extremely beneficial.

‘It is a contentious issue as it largely depends on the business proposition. A coffee shop for example, can’t be solely online.

‘So it makes sense for owners to spend most of their time, effort and cost into finding the right premises and working on the interior design – because that’s what’s important for a business like that.

‘But an online presence is still key in terms of building pre-awareness. Say a potential customer searches “coffee near me” on their phone; they’re most likely to go to the nearest place. A business will obviously increase their chances of gaining that custom if they have an online presence.’

In the fast-paced world of the internet, people are also more likely to try something new online.

‘Seeing an independent cafe nearby looks more enticing than going to yet another coffee chain,’ Law adds.

Whether you choose to operate your business purely online or from a physical location depends on your business proposition – though Law says being online either way is beneficial

How many channels?

There is an abundant supply of social media platforms, most of which offer services especially for businesses to boost their brand.

Facebook Marketplace for example, is used in more than 70 different countries by more than 800 million people each month, as of May 2018.

Meanwhile, a report by Hootsuite revealed  62 per cent of Instagram users say they have become more interested in a brand or product after seeing it in their ‘stories’ while 130 million users tap on shopping posts every month.

Law says there is no harm in having a presence on all the channels but it is worth focusing on the one channel to begin with, especially if that one is receiving the most engagement and interaction.

He adds: ‘Again, this depends on the business proposition but we know customers are online and when they are not searching online, they’re scrolling through their social channels.

‘Analytics can also help to understand what is working and which products or services are gaining the most interest rather than just what is selling as you’d only be able to monitor in a store.’

Sourced from  Mail Online

By Eduardo Suárez.

As Spanish legacy newspapers embrace digital subscriptions, Journalist Fellow Eduardo Suárez looks at how they can succeed.

Flower shops are a risky business proposition. Many get a big portion of their revenue on two single occasions: Mother’s Day and Valentine’s Day. The product they sell is not perceived as essential. They need to be as close as they can to their best customers and this requires paying expensive rents to be in high-end neighbourhoods. Then there’s the inventory problem: flowers start to die the moment you cut them. Within three weeks, they’re rotting in your fridge.

The founders of American start-up H. Bloom solved these problems by creating a subscription business. They targeted hotels, restaurants and other businesses and offered them weekly flower delivery, installation and maintenance for a recurring fee. Four years after its launch, H. Bloom had nearly 1,000 clients and more than $7 million in sales.

Flower shops are not that different from news organisations. Both have to deal with similar problems: perishable inventory, seasonality, a product that is not perceived as essential, a lumpy demand. Subscriptions can provide a solution to some of those problems. Setting them up, however, requires a particular mindset and expertise. As a Journalist Fellow at the Reuters Institute, I looked at how different newspapers are dealing with the different aspects of this transformation right now.

Subscriptions: why now

There are at least three reasons for the rise of the subscription economy.

The first one is the rise of broadband Internet around the world, which makes it easier to build digital services for a sizable market.

The second is the rise of the access generation, millennials and post-millennials who value access over assets and see any physical possessions as unnecessary baggage. As Tien Tzuo puts it in Subscribed, these younger customers want “the ride, not the car. The milk, not the cow. The new Kanye music, not the new Kanye record.” They like convenience and personalisation, and expect companies to provide them with a reliable service. These are the customers behind the rise of Zipcar, Netflix and Spotify.

The third factor is the ability to analyze customer behaviour in real-time. “Today businesses are closer to their customers than ever before,” says John Warrillow in The Automatic Customer. “All those customer interactions are being fed into mathematical models, which are run by computers that are now capable of storing and processing billions of data points in seconds.” These interactions can create a virtuous cycle. Subscription companies can watch how their customers use their service and tweak it accordingly. There’s no need for surveys or focus groups.

A few newspapers adopted digital subscriptions in the first years of this century. Most of these efforts failed. There are many reasons why subscriptions didn’t work at the time. Payment systems were clunky. Digital advertising was still attractive for general newspapers. People weren’t used to paying for services online. Smartphones and tablets didn’t exist yet.

Things started to change after the Great Recession. The FT introduced a flexible pay model in 2007. The Times and The Sunday Times adopted a hard paywall in 2010. The New York Times launched a metered model in March 2011. In the last few years, many newspapers have followed this path in different flavours. Freemium and metered models have flourished in European countries as diverse as Finland, Germany, Italy, Poland and France.

The paper I publish today explores what news companies with reader revenue models are doing through structured interviews with 26 media executives from 15 news organisations. Some of these outlets run digital subscriptions. Others have reader revenue models with a less transactional value proposition. Most of them are based in Spain and the United Kingdom. Some are based in other European countries such as Denmark, Sweden, Italy and France.

interviews

The paper doesn’t analyze either the virtues of different pay models or the price of the offerings of every particular newspaper. Its main goal is to explain the strategies news outlets are applying to deal with the profound changes required by a subscription business in the hope that some could be used by other news organisations elsewhere.

Why Spain and the UK

Most of the news organisations featured in this paper are based in Spain and the United Kingdom. These media markets have a few things in common. Both have similar percentages of people willing to pay for news according to the Digital News Report: 10% in Spain, 9% in the UK. Newspapers operating in both countries share the blessing (also the curse) to publish its content in a global language. Unlike the Nordic countries, they don’t have the competitive advantage of a language almost no one speaks outside their market. The Internet provides them with an open field where they compete with outlets based on the other side of the Atlantic. They can pursue traffic overseas.

Paying for news 

Spain and Britain have very different media landscapes. Tabloids and digital-only news organisations are mostly free in the United Kingdom and operate under the shadow of the BBC. Most national broadsheets and magazines, however, have been running pay models for a few years. The Financial Times, The Times and The Sunday Times operate with hard paywalls. The Telegraph runs a freemium model. The Guardian combines memberships and contributions with several subscription options. News start-up Tortoise is exploring a promising model through newsletters, sponsorships and events.

Spain is on the other side of the spectrum. Digital-born newspaper eldiario.es had more than 35,000 paying members in January 2020 and several regional newspapers are running digital subscriptions. But not a single national legacy news organisation was running a substantial pay model in July 2019. This is changing. El Mundo launched a freemium subscription model in October 2019. El País is launching a metered paywall in the first quarter of 2020. Other outlets are expected to follow suit in the next few months.

As this transformation unfolds, it’s worth looking at strategies news organisations are using on five aspects of the subscription process: things to do before launch, value proposition, pricing, acquisition and churn. Here are twelve themes that came out of my interviews.

1. Pay models require a different kind of organisation. 

Successful subscription companies break silos and create cross-functional teams. Marketing, technology and editorial work closely and obsess about customers’ needs. The FT, for example, bridges the gap between marketing and editorial with a weekly meeting. “We want to know what they’re about to do so we can turn that into both existing customer engagement opportunities and acquisition opportunities rather than waiting for the news to hit,” says Marie Goddard, head of customer marketing.

The best media executives make sure everyone knows the metrics that matter. Facebook likes, page views, and unique users are now valued mostly as means towards an end —acquisition and retention of paying subscribers. Frequency, recency and time spent mean readers are getting value from your site. The goal of every news outlet should be to get more people to enjoy its content more often during more time. Loyalty is the first step towards a subscription. Occasional readers never subscribe.

2. Every newspaper must learn to tell its own story.

There will always be outlets offering free access to their news content. Any company with a pay model must explain why readers should support its work. This appeal should be crafted carefully. It must take into account the mission of the organisation as well as its ownership, its history and its constraints.

After launching its membership model, people at The Guardian noticed many readers saw the newspaper had 150 million readers and assumed they were making a lot of money. So they realised they had to explain how advertising revenue was dropping and why they needed their readers’ support. “As journalists, we have always been telling the stories of other people. Now we also have to tell our own,” says Amanda Michel.

Journalists should explain how they do what they do. Media executives should be as transparent as possible in their financial reports. Newspapers could benefit from presenting themselves within a broader social narrative. A conversation with their readers could help frame a narrative that is clear and attractive. Anything a news brand does should be aligned with its editorial mission. Paying readers are less forgiving than occasional users. Clickbait can destroy trust.

3. Subscription companies must obsess about their core audience. 

Most of the reader revenue of every newspaper with a pay model comes from a small percentage of their readers. These are the ones most attached to the brand and most likely to subscribe. Media executives should look at the behaviour of these readers. Their goal should be to learn what their news habits are, how they structure their news diet, what they’re looking for when they come. News organisations should learn as much as possible about this group and should think of strategies to grow it. Their future depends on this.

4. The best newspapers focus on their digital products.

Most of the legacy outlets covered by this paper still get most of their revenue from print. Their top priority, however, is improving their digital properties. This is not an easy task. Loyal readers are not uniform. Their consumption patterns could be all over the map. Quality often means different things to different people. Every channel requires a different language and different skills.

The best companies invest their resources on the platforms that are popular among their core users and adapt their processes and priorities to their needs. This could mean producing audio versions of your best stories, as Danish digital magazine Zetland has done very successfully, or creating niche editorial products for audiences that are underserved. A great example is The Times’s Crime Club newsletter. It gives reviews, free ebooks and event tickets to crime fiction fans. It’s the most successful newsletter at The Times with a 70% open rate.

5. Good user experience is essential to succeed.

News organisations are realising that content is just one of the aspects of their value proposition. User experience is almost as important, especially on a mobile phone. A great editorial product can fail as a result of poor user experience. On the other hand, great user experience could be a great selling point for a news organisation.

The Guardian lets everyone read every article on its website, but makes readers pay to read some of those articles or a daily edition in its premium apps. The most successful news organisations think thoroughly about loading time, packaging and presentation. Younger audiences are used to the high standards set by digital platforms. They don’t accept pop-up windows or invasive ads.

6. Readers appreciate a product they can finish. 

In a world dominated by endless news feeds, finite editions are having a comeback as a way to foster loyalty among subscribers and recreate the news habits of the past. Older readers still love to read the electronic versions of print editions. Younger audiences gravitate towards daily podcasts, niche newsletters or news digests bundled into cheaper subscriptions.

Readers love the sense of achievement that comes from finishing a daily edition. News organisations are betting on the renewed appeal of editions as a way to recreate the news habits of the past. This trend is behind daily podcasts such as The Economist’s The Intelligence and The Guardian’s Today in Focus. It’s also what’s fuelling the rise of newsletters as a way to engage with the audience without depending on algorithms.

Journalists should remember their job is not so much publishing everything as editing what is important. Their work shouldn’t be guided by outdated processes but by the routines of their current audience.

7. Print shouldn’t be the focus but it could help. 

A print product could be overwhelming or pointless for a portion of your digital audience. But print can still be an asset today. Newspapers face a strategic dilemma: most of their growth comes from digital, but most of their revenue still comes from print.

The most successful companies adapt their content to the language of every channel where its loyal readers spend their time and print is a channel too. The Guardian uses price hikes to transform anonymous buyers into print subscribers and repackages some of its articles into a new glossy weekly magazine. The Economist creates most of its daily picks from articles already published in the print edition of the magazine.

8. The best subscription companies experiment with pricing. 

Newspapers have produced a single product and sold it for a single price for the last couple of centuries. Digital subscriptions require a different mindset, much more open to experimenting with bundles and price points. Discounts and free trials may be in your toolbox. But you should make it very clear to your readers they enter into a paid relationship. Otherwise, you will attract people who won’t stay for long. Hard data, not gut feelings should guide your decisions.

Any changes on pricing should be made after reviewing the behaviour of the people most likely to subscribe. Newspapers are partnering with other news organisations. Swedish newspaper Dagens Nyheter offers bundles with The New York Times and with a few local newspapers. Spanish newspaper eldiario.es offers bundles with a couple of magazines too.

9. Open vs closed is not the right framework. 

The difference between membership and subscription models is more blurred than ever before. Some news organisations with a membership model run very hard paywalls while newspapers with subscriptions allow sampling opportunities through free trials, social and search.

Open news organisations are more closed than you think, and vice versa. The Guardian runs a successful subscription business. The FT ran an open WhatsApp channel and still publishes audio and video content for free. The most successful news outlets are not attached to their models. They tweak them according to the behaviour of their audience and experiment with bundles and revenue streams. The shape of your paywall must be just one of the elements of your value proposition. Newsletters, podcasts, audiobooks, trips, discounts and events must be added to the mix.

10. Journalism is a great acquisition strategy. 

Every news organisation covered by this report experiment with search and social channels. But everyone says that nothing beats journalism as an acquisition tool. Memberships and subscriptions are not impulse sales. People start paying after engaging with a news organisation regularly for a long time. Creating news habits is the best way to get subscribers and reduce churn.

eldiario.es
Journalists working at the newsroom of eldiario.es.

Readers often convert after reading long-form pieces and investigations that force politicians to resign. Quality and consistency are important for every subscription company but also for newspapers with a less transactional value proposition. News sites should perfect the way they ask for the support of their audience. They should test different messages and try to answer with them any questions they could have.

11. Friction is your enemy. 

Subscribing or donating to a news outlet should be as easy as possible. Newspapers should take a page from technology start-ups and adopt frictionless payment systems. Anyone should be able to subscribe in a few seconds. Anyone should be able to cancel its subscription without making a phone call.

Creating a seamless payment system is especially difficult for global news organisations, whose managers have to deal with different platforms and different regulations. You won’t reduce your churn rate unless you get your customers into reliable payment systems. Many cancellations are the result of credit cards’ expiration dates.

12. Churn is much more important than acquisition. 

Getting thousands of subscribers who leave a few months after they join is not a sustainable path for any news organisation. This is why acquisition and churn strategies should be run by the same team. Dirty acquisition channels bring in the wrong kind of customers and produce high churn rates.

Good subscription companies design great onboarding experiences and encourage their readers to make the most of their subscription in the first few days. They also segment their users by demographics and by the time they joined. Creating habits matters much more than showing any particular piece of content. Retention often correlates with frequency and time spent.

Marie Goddard, head of customer marketing at the FT, says that embedding habits in new subscribers is much more useful than showing them articles. “It’s not about showing them content because content is short-lived,” she says. “It’s about showing them how to sign up to a newsletter, how to choose the right newsletters or how to download our mobile app. If you use the app, you are very likely to be engaged with the FT. So we flipped from content discovery to thinking about the nudges we need to get them to access our content in their way.”

Download full paper (PDF)

Feature Image Credit: British newspapers in London on the day after the election of Donald Trump. REUTERS/Toby Melville

By Eduardo Suárez

Sourced from Reuters Institute

By Brain Fanzo.

Every business is in the business of trust: building it among customers, scaling it to capture markets, and maintaining it to fuel growth. That’s a tremendous challenge in a digital world full of bad news and fake news. How do brands break through the noise?

Transparency is the answer. Transparency shrinks the distance between a brand and consumers and builds trust. Consumers gain an authentic window into who you are, what your brand is about, and the value you provide. Transparency also helps scale trust at a faster rate.

It’s All About Access

If someone asks me how to become more transparent, I give a one-word answer: Access.

Today’s consumers crave access to the brand and the people behind it, as well as the products themselves. Why do people wait in line for the latest iPhone? Because they want early access to Apple’s innovation in particular — not just a smartphone. They want that connection to the brand.

You can provide access to your customers by being transparent about what’s going on in your company, say, from an employee’s perspective. Consider peppering your social feed, company blog, or email newsletters with employee profiles that reveal their insights into customer needs and how they meet them or offer tips on how to get the most out of your product.

You may even find that some of your employees can be influencers themselves, with their own social accounts and followers.

To be successful at transparency, you need to know the difference between transparency and over-sharing, which requires calculating the risk versus reward for each sharing opportunity. One caveat here is that the calculation depends on the context. It changes and evolves.

For example, the idea of talking about the mental health struggles of one of your executives in 2015 would not have met the criteria for transparency. But today, when movie stars and Olympic athletes talk about their mental health challenges, it might. We should re-ask an old question and put it through today’s risk-versus-reward calculation.

How to Scale Trust

Everyone in the world craves empathy, the feeling that someone else understands you. To scale trust, you must first scale empathy, and technology is the vehicle to do so. By using technology to understand and leverage information about customers and prospects, you can gain insight and create empathy. Of course, data can be misused, and we’re right to be concerned about that. But a dashboard that provides insights using quality data and the latest best practices in analytics can help overcome that challenge.

On the marketing side, you can scale trust using influencers that have already established trust among their followers. Influencers could be celebrities with massive followings and reach; thought leaders who have built trust and rapport with a focused audience over time; or a subject-matter expert — someone who is “in the weeds,” doing the work, within the company as an employee or outside, as a customer.

Subject-matter experts can be tremendously influential because most of today’s consumers don’t trust a brand or a logo. They trust the people who work for the company and represent the brand. They offer a peek behind the curtain — in a word, transparency. This can even work with celebrity influencers.

Tweet from John Legere customer-loving  @TMobile  USA CEO

Let’s face it: Nobody really believes that LeBron James drives a Kia. When today’s consumers see LeBron in a commercial for Kia, they immediately know he is getting paid to endorse that product. The ad isn’t effective because you think, “Hey, LeBron James drives a Kia.” Instead, it comes down to, “LeBron James associates with Kia as a brand because they have principles that he believes in as a dad, as a leader.” He is lending Kia his authenticity.

The Future of Marketing Is Relatability

John Legere, CEO of T-Mobile, has taken a very transparent approach to marketing. He shares his unfiltered thoughts across multiple channels. He replies to social media posts, he makes himself available at events, and he does ask-me-anythings (AMAs) online. He even takes transparency a step further by sharing his personal life and hobbies through a Facebook Live show where you can watch him cooking at home. That access into who he is at his core not only builds trust but also humanizes his brand. I couldn’t tell you if the CEO of my carrier is male or female, yet I can say with some certainty that the leader of T-Mobile cares about his customers. I understand his values, which allow me to connect with him at a deeper level.

That relatability is that secret to building trust and I share more examples like John in my 2020 keynote program Think Like A Fan!

Let’s face it: The Field of Dreams notion of marketing — if you build it, they will come — is broken, if it ever worked in the first place.

If you build a website, if you launch a new social channel, if you have a new email newsletter, no one is going to embrace it simply because it exists. Consumers are smarter than they’ve ever been.

Not only do they have more access to information, but they also have more channels to decide how they’ll consume content.

Transparency is a way to leverage this access — actually embrace it — to answer the question, “Why should I trust you?”

Transparency will play a huge role in the future of marketing and how you connect with consumers in the digital world. Targeting and segmentation will still be vastly important, though, and hyper-personalization is changing the game enormously.

This was first posted on Blogs.Oracle.com and you can find out more by reading “Segment of One: A Glimpse into the Future of Digital Marketing.”

By Brain Fanzo

Digital Futirst and Founder iSocialFanz iSocialFanz

Brian Fanzo is a digital futurist keynote speaker who translates trends and technology empowering next generational businesses

Brian has been recognized as a Top 20 Digital Transformation Influencer; a Top 50 Most-Mentioned User by CMOs on Twitter, and a Top 25 Social Business Leader of the Future by The Economist. His followers on social media and podcast downloads for FOMO Fanz and other podcasts rank in the hundreds of thousands, resulting in Brian being an influencer for 19 of the Fortune 100 companies.

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Do consumers have digital advertising and marketing fatigue? Recently there has been talk of a return to ‘analogue’ marketing, such as snail mail, brochures and face-to-face engagement, and away from digital marketing.

CMO asks marketing experts to discuss their views on the subject, and how they’re striving to strike a balance.

Nikki Clarkson

Chief marketing and communications officer, Southern Cross Austereo

It’s challenging to find evidence consumers have digital fatigue. However, it has been proven many times over that the two single most impactful drivers of campaign effectiveness are reach and highly engaging creative.

Credit: Austereo

Nielsen data proves that getting the creative right and delivering this with maximum reach, can account for over 65 per cent of sales attribution. And reach is everything when it comes to the campaign resonating with as many new and existing audiences as possible.

It’s an incredibly important factor for brand growth and market share. This would point marketers towards high reaching, accredited channels such as TV, radio, video and audio streaming and out-of-home, with independently measured online used alongside these more traditional mass media.

A final consideration on reach and campaign effectiveness is targeting, which is becoming more accessible in all media. In stream addressable advertising in audio for example, delivers hyper targeted mass campaigns. These increasingly sophisticated main media targeting capabilities ensure wastage is minimised and frequency is capped.

Therefore, ‘cut through’ is delivered by impact from great work on a targeted, mass scale. It this approach that will set campaigns up to deliver business results.

Martin Wilkins

Marketing manager, The Tax Institute 

One common mistake many marketers make in a digital-first environment is forgetting to listen to what their customers really want when it comes to authentic, personalised engagement.

Credit: The Tax Institute

We’ve listened to our members and stakeholders and understand digital marketing tactics, such as emails, ads and retargeting aren’t enough, in isolation, to build trust, create an emotional connection, and deliver the experience they expect from an institution such as ours.

For instance, events are a very big part of what we do to enhance engagement and offer our members more relevant and interactive experiences, where they can gain knowledge, insights and feel part of a broader community of like-minded people.

And while we do have a robust digital marketing engine that supports our marketing function, we’ll still invest in printed collateral such as brochures and booklets, and these have an educational look and feel which our audience base expects.

For example, at our upcoming Tax Summit in March, while we have invested heavily in digital marketing and inbound strategy, we also have prepared a traditional, printable brochure, as well as a comprehensive, printed prospectus.

In essence, we believe a strategic ‘hybrid model’ of traditional and digital marketing is appropriate for our particular audience segment. The challenge of course is finding a healthy balance between the two. This means our marketing team is constantly collaborating with internal and external stakeholders, to ensure our marketing mix remains agile, responsive, effective and relevant.

Zane Sabré

Co-founder and managing director, Maison de Sabré

When running a business, it’s important you’re reaching your customers via the channels they already use. Considering more than 73 per cent of households shopped online in 2018, it’s essential for businesses to be online as well.

As online shopping tools and platforms continue to grow more technically sophisticated, the way consumers make online purchases is continuously evolving, meaning the opportunities to reach specific audiences, at the right time, is also increasing.

Credit: Maison de sabre

Offline marketing, such as snail mail, brochures and street hawkers have become dated marketing strategies purely due to their limited reach in today’s digital age. They also limit the opportunity for accurate performance tracking, meaning it can be difficult to know if the time and money spent has paid off.

Credit: Red Havas

However, just as they had largely been deserted, it became apparent that it had left a significant amount of white space for many to capitalise on, representing a full cycle in generating cut-through. Analogue marketing transformed from the disrupted channel to the disruptor.

And it is all based on a simple truth: Physical marketing represents the ability to reflect a multi-sensory experience. Consumers crave the touch and even the smell of a fresh catalogue, with the buzz of rifling through to see the hottest new items to buy. Letters – which once had ‘bad PR’ around their speed of delivery – have had a resurgence. The emotional and nostalgic connection people receive from letters make this innately more personal than an e-mail.

So what was once seen as a one-way channel is now leveraging that very notion to maximise its effectiveness and create one-to-one, somewhat intimate, experiences with consumers to get messaging across. Analogue from its previous definition has now become a ‘progressive’ channel in some ways.

And in a world of personalisation and marketers’ constant quest for uniqueness, it is time to embrace the physical world once more. Except this time, with the helping hand of new technologies, they can explore how they maximise their available real estate in a different – and importantly, far more sustainable way than before to deliver an all-round win-win for marketer and consumer.

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Sourced from CMO from IDG