Author

editor

Browsing

By Sarah Perez

Elon Musk’s plan to reduce X’s dependence on advertising revenue by increasing paid subscriptions is still not taking off.

According to a new, third-party analysis of the X Premium subscription service by app intelligence firm Appfigures, X has pulled in approximately $200 million in in-app purchase revenue across iOS and Android since the original 2021 launch of the subscription formerly known as Twitter Blue.

There are some caveats to this figure. For starters, the sum is based only on those purchases made via the mobile app, not the mobile web or desktop web. That means the true sum is likely higher, especially given X offers a discount for web purchases.

Then there are the commission fees to consider.

After paying app store commissions, X will have made a minimum of $140 million, the firm estimates. However, that figure will also likely be higher because Apple and Google discount commissions from 30% to 15% in year two. (Appfigures doesn’t have a way to reliably calculate how many subscriptions are associated with each commission rate, we’re told).

For further context, though Twitter Blue was launched in 2021, it was relaunched in December 2022 as Twitter under Musk pushed into non-advertising revenue. Within the first three months post-relaunch, the service brought in only $11 million in mobile app subscriptions, per data from app data provider Sensor Tower. A year ago, the company now called X launched two additional subscriptions, Basic and Premium+.

Twitter blue check Twitter blue copy
Image Credits:Twitter

While there’s no way to definitively determine how many of X’s users are paying for X Premium subscriptions, there are ways to back into some estimates here, at least in terms of native mobile subscribers.

Currently, X continues to offer three subscription tiers: Basic, Premium, and Premium Plus with varying access to advanced features, like Grok AI, a blue Verified checkmark, and fewer ads, among others. The top in-app purchase (based on App Store data) is X Premium, which costs $11 per month on mobile.

In September 2024, X grossed $14.7 million through in-app purchases on mobile devices, according to Appfigures.

Since X is a private company with no obligation to share its user numbers publicly, one can only guess how many people are buying which subscription tier.

But if that revenue was generated mostly by its top in-app purchase, X Premium, that would equate to roughly 1.3 million paying users (i.e., $14.7M / $11).

If, instead, all the sign-ups were for X’s lowest tier, the $4 per month X Basic, then X could have gained as many as 3.7 million paid users during the month.

If we were to estimate that X’s paid users broke down by 70% on Premium, 20% on Premium Plus, and 10% on Premium Basic, that would equate to about 940,000 Premium users, 134,000 Premium Plus users, and 368,000 Premium Basic users. This split seems reasonable since X’s top three subscriptions (in order) are Premium, Premium Plus, then Basic. In total, those numbers combined would come to around 1.4 million paid users added during September.

Quarter by quarter, the picture does look a bit rosier for X Premium, as Appfigures’ estimates indicate that in-app purchase revenue growth jumped 30% from Q2 to Q3 after staying relatively flat in the prior period.

Image Credits:Appfigures (opens in a new window)

There are other in-app purchases available beyond X Premium to consider, like those for subscriptions to top creators on the platform. Elon Musk has a large following, for instance. Fortune reported last year that Musk was the most-followed user with 155 million followers, of which over 40,000 were subscribers — or .025% of his followers had subscribed. Today, Musk has 200 million followers. Assuming roughly the same percentage was subscribed, that would work out to around 50,000 subscribers. At $4 per month for the subscription, that would pull in around $200,000 per month in gross revenue.

Image Credits:X screenshot

Another user with a large subscription base is @stevewilldoit, as he follows anyone who subscribes to him. He currently follows 10,400 people on X. If three-fourths were subscribed, that would equal around 7,800 subscribers paying $5 per month, bringing in gross earnings of $39,000/month before X’s cut is removed.

Though rough estimates, these additional figures are also important because they’re a part of X’s plan to grow its user base via creator content.

Last week, the company announced it would begin to pay creators based on engagement they receive from X’s Premium subscribers, instead of a cut of ad revenue — a change clearly meant to boost X subscribers. On the one hand, given that X had reduced the ad load for Premium+ subscribers to zero, this could open up more possibilities for creators to make money. But paying for engagement also often incentivizes clickbait or controversial content, designed to get replies.

Regardless, Bloomberg reported earlier this year that X generated $1.48 billion in total revenue during the first 6 months of 2024, according to financial documents shared with regulators. In other words, subscriptions are still a very small piece of X’s pie.

The introduction of the new program followed moves from X that alienated some advertisers, such as suing a group over their ad boycott and CEO Elon Musk telling advertisers to “go f— yourself.” The company has since been trying to make amends, recently forging a deal to bring Unilever back into the fold.

Feature Image Credit: TechCrunch

By Sarah Perez

Sourced from TechCrunch

By Ian Shepherd

Picture this: You’re scrolling through your favourite social media app, watching a video of your go-to creator showcasing a product. With a simple tap, you’ve purchased that item without ever leaving the app. This seamless integration of entertainment, social interaction, and shopping is the essence of social commerce, and it’s rapidly becoming more widespread for consumers worldwide.

A new paradigm is emerging that promises to generate $3 trillion in global sales by 2026. To decode this I spoke with Max Benator, CEO of Orca, a leading live and social commerce provider, and the visionary behind SoCom, the first dedicated social commerce conference in the US.

The Social Commerce Boom

While social commerce might seem like a new concept to some, Benator is quick to point out that it’s already a substantial market. “This year, social commerce will drive $90.5 billion in transactions just in the US,” he reveals. This figure underscores the immense potential for brands willing to embrace this new channel.

But what exactly is social commerce? Benator explains, “Today, in the US, it means driving sales through content interaction or social media for a consumer product. TikTok Shop is a prime example. You have a video or a live stream, and you can purchase directly from the content inside of an enclosed environment.”

The Evolution of Shopping Experiences

The traditional e-commerce model, characterized by static product pages with “a photo and a paragraph,” is becoming obsolete. “It’s wild when I say this, but a traditional product page is almost 30-year-old technology,” Benator notes. “We don’t need to interact with our digital devices with a photo and a paragraph and five or four yellow stars. That’s some really web 1.0 stuff.”

Instead, platforms are investing heavily in more dynamic, interactive shopping experiences. TikTok Shop is leading the charge in the US, but other major platforms are quickly following suit. “We’re moving there, whether one major technology company wants to move there or not,” Benator asserts. “They have no choice but to make those investments and catch up to interactive media with the shopping experience.”

While fashion and beauty currently dominate the social commerce landscape, accounting for approximately 70% of live shopping sales, Benator emphasizes that the opportunity extends to all categories. “Every category [can benefit] because it’s shopping,” he states. From home improvement to electronics, brands across the spectrum can find success in social commerce.

Advice for Brands

For brands just beginning to explore social commerce, Benator offers crucial advice: “Brands should recognize that social commerce is a sales channel, just like their D2C sales channel, their retail sales channel. It fits inside of their omnichannel strategy. It’s not a marketing activation.”

This perspective shift is vital. Benator warns against treating social commerce as a short-term experiment: “We’re starting to see brands understand that they’re making a minimum 12-month startup commitment to build that sales channel. They have to, actually, because if they don’t, they’re going to lose their share as a result.”

The Creator Economy and Social Commerce

Content creators play a pivotal role in the social commerce ecosystem. Benator, drawing from his background in talent management, emphasizes the importance of product selection for creators looking to monetize through social commerce. “The secret sauce is, I kid you not, the product selection,” he reveals. “There are products that go viral, and as a result, they get more search activity, they get more engagement, they get more watch time, and then they get more sales.”

He cites examples of brands successfully leveraging creator partnerships, such as O Positiv, a women’s health supplement brand, and Sacheu Beauty, co-founded by creator Sarah Chung. These brands have seen significant success through affiliate partnerships with thousands of creators.

The Role of AI in Social Commerce

As with many industries, artificial intelligence is set to play a transformative role in social commerce. While virtual hosts and avatars grab headlines, Benator sees more immediate potential in behind-the-scenes applications. “There are two sides to AI,” he explains. “One is, I think, the shinier object, which is virtual hosts and avatars… the other side, where progress is already getting made much more quickly… is how AI is used for optimizing your product pages, building product pages, on your paid media, so editing and re-editing and A/B testing short videos using an AI tool with your paid media strategy.”

SoCom: The Future of Social Commerce

Recognizing the need for a dedicated forum to discuss these rapidly evolving trends, Benator and his team are organizing SoCom, the first dedicated social commerce conference in the US. Set to take place on February 6, 2025, at the Audrey Irmas Pavilion in Los Angeles, SoCom aims to bring together all facets of the social commerce ecosystem.

“We have brands, platforms… We’re very fortunate to have Malik Ducard, who’s the Chief Content Officer of Pinterest, giving the keynote presentation,” Benator shares. The event will feature industry-focused main stage presentations, deep-dive workshops, and a unique live stream gifting suite where 300 top creators will interact with products in real-time, allowing attendees to purchase items as they’re being showcased.

The Time to Act is Now

With social commerce poised for explosive growth, the message for brands is clear: the time to act is now. As Benator puts it, “If you don’t move early, you miss early opportunities, and you miss that early growth cycle. And we’re not so early today that it’s experimental. The sales volume is significant enough now that we’re really in the, I would say, the regular growth phase at this point.”

For brands ready to embrace the social commerce revolution, the rewards could be substantial. Those who hesitate may find themselves playing a costly game of catch-up in a market that waits for no one.

As the retail landscape continues its digital transformation, social commerce stands as the next frontier. With platforms, brands, and creators all converging on this new paradigm, the stage is set for a shopping revolution that promises to be more interactive, engaging, and lucrative than ever before.

Check the full interview with Max on the Business of Creators podcast.

By Ian Shepherd

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

Ian Shepherd is a creator economy entrepreneur and investor. He is Co-founder and Co-CEO of Electrify Video Partners, a company that invests tens of millions of dollars into some of the world’s biggest content creators. He’s also the host of the Business of Creators, a leading podcast and creator economy network featuring creators, managers, investors and entrepreneurs. He has 25 years commercial experience having previously built and sold a creator economy business and held executive positions at Disney, Universal Music and WarnerMedia.

Sourced from Forbes

By

Imagine walking down a bustling street, surrounded by a sea of signs and symbols, each vying for your attention. Among them, a few logos stand out, instantly recognizable and effortlessly communicating the essence of the brands they represent. Whether it’s the swoosh of Nike or the iconic apple of Apple, these logos do more than just catch the eye; they tell a story, evoke emotions, and build a connection with their audience. Designing such a logo isn’t just about artistic flair; it’s about crafting a visual identity that resonates deeply with the brand’s core values and the people it aims to reach.

Embarking on the journey of logo design can feel overwhelming, especially when considering the multitude of elements that need to align perfectly. From choosing the right font that speaks to the brand’s personality to selecting a logo type that fits its strategic goals, each decision plays a crucial role in shaping the final outcome. But fear not, as this article is here to guide you through the intricate process of logo design. Satori Graphics explore how to harness the power of typography, navigate the various types of logos, and employ effective design techniques to create a logo that not only looks great but also communicates your brand’s message with clarity and impact.

Logo Design Tips

TL;DR Key Takeaways :

  • Font choice is crucial in logo design, as it sets the tone for brand communication and aligns with the brand’s identity.
  • Different types of logos, such as letter marks, word marks, brand marks, combination marks, emblem logos, and mascot logos, serve distinct purposes based on the brand’s needs and target audience.
  • Design techniques, including the use of grids and tools like Adobe Illustrator, are essential for creating precise, scalable logos that maintain brand recognition across various mediums.
  • The design process involves thorough research, strategic thinking, iteration, and testing to ensure the logo resonates with consumers and remains timeless.
  • Effective client communication and project management are key to understanding client needs, ensuring timely delivery, and maintaining consistent branding across platforms.

At the heart of logo design lies the critical decision of font choice. Typography sets the tone for brand communication and can significantly impact how a brand is perceived. Consider these examples:

  • Nike’s bold, dynamic typeface suggests energy and movement
  • Aston Martin’s elegant script conveys luxury and sophistication
  • Coca-Cola’s flowing script evokes nostalgia and timelessness

Understanding the psychology behind font selection is crucial in aligning your design with the brand’s identity. Serif fonts often convey tradition and reliability, while sans-serif fonts suggest modernity and simplicity. Script fonts can imply elegance or creativity, depending on their style.

Types of Logos and Their Applications

Logos come in various types, each serving distinct purposes and suited to different brand needs:

1. Letter marks (e.g., IBM, HBO) focus on initials, ideal for brands with long names.
2. Word marks (e.g., Google, FedEx) highlight the brand name, effective for unique or short names.
3. Brand marks (e.g., Apple, Twitter) use symbols, perfect for global brands or those seeking instant recognition.
4. Combination marks (e.g., Burger King, Adidas) blend text and imagery, offering versatility.
5. Emblem logos (e.g., Starbucks, Harley-Davidson) integrate text within a symbol, conveying tradition or authority.
6. Mascot logos (e.g., KFC’s Colonel Sanders, Michelin Man) feature characters, adding personality to the brand.

Selecting the right type hinges on the brand’s needs, target audience, and long-term goals. A thorough understanding of these factors is essential for creating a logo that resonates with consumers and stands the test of time.

Essential Design Techniques and Tools

Mastering design techniques is crucial in crafting effective logos. Key approaches include:

  • Using grids to ensure precision and alignment
  • Maintaining consistent design elements to enhance brand recognition
  • Employing negative space creatively to add depth and meaning
  • Using color psychology to evoke specific emotions and associations

Professional design tools are invaluable for refining and perfecting logos. Adobe Illustrator offers powerful features like the shape builder and offset path functions, allowing designers to create clean, scalable vector graphics. These tools help in crafting logos that retain their integrity across various mediums, from business cards to billboards.

Strategic design thinking is essential throughout the process. This involves:

1. Conducting thorough research to understand the brand and its audience
2. Developing concepts that align with the brand’s values and mission
3. Iterating and revising designs based on feedback and testing
4. Avoiding common pitfalls, such as over-reliance on trendy effects or overly complex designs

How to design a logo

Here are more guides from our previous articles and guides that you may find helpful.

Practical Application and Testing

Creating a logo is only the first step; making sure its practical application is equally important. This involves:

1. Testing the logo’s scalability across different sizes and mediums
2. Creating mock ups to visualize the logo in various contexts
3. Making sure the logo works well in both colour and monochrome versions
4. Considering how the logo will appear on different backgrounds and materials

Using global colours and libraries in design software ensures consistent branding across all platforms, reinforcing brand identity. This attention to detail is crucial for maintaining a cohesive brand image across all touchpoints.

The Psychology of Shapes in Logo Design

Shape psychology plays a significant role in logo design. Different shapes evoke distinct emotions and associations:

  • Circles suggest unity, harmony, and completeness
  • Squares and rectangles convey stability, balance, and professionalism
  • Triangles imply stability, power, and dynamic action
  • Organic shapes can evoke comfort, nature, or creativity

A memorable logo aligns these shape-based psychological cues with the brand’s identity, creating a lasting impression on the audience.

Client Communication and Project Management

Effective client communication and project management are integral to the logo design process. This involves:

1. Clearly understanding and articulating client needs and expectations
2. Setting realistic timelines and milestones
3. Providing regular updates and seeking feedback at key stages
4. Presenting designs professionally with rationale for design choices

Building a comprehensive brand catalogue aids in organizing design elements and assists collaboration with clients. This catalogue should include logo variations, colour palettes, typography guidelines, and usage instructions.

In conclusion, designing a logo is a multifaceted process that requires a blend of creativity, strategic thinking, and technical proficiency. By focusing on font choice, understanding logo types, mastering design techniques, and maintaining effective client relationships, designers can create logos that not only look visually appealing but also effectively communicate a brand’s message and stand the test of time. The most successful logos are those that seamlessly blend form and function, creating a visual shorthand for the brand that resonates with its target audience and withstands the evolving landscape of design trends.

Media Credit: Satori Graphics

By

Sourced from Geeky Gadgets

By Tim Healey,

In a world of often shrinking marketing budgets, Zoopla’s is growing. The property search firm’s head of marketing tells Tim Healey how proving ‘marketing is underplayed’ is allowing it to thrive and branch into burgeoning spaces like AI.

You have a BA in ancient history, an MSc in international marketing. On top of that, you were one of only four graduates selected to complete Omnicom’s ‘DAS Accelerate’ Graduate Marketing Programme. Your roles have included press officer for UK film festivals, working agency side at Naked Comms and VCCP, and setting up your own marketing consultancy. But since 2019 you have been at Zoopla – starting in strategy, then forming the brand marketing function and now leading B2C and B2B marketing. Please walk us through your career to your role today.

I’ve been really fortunate to have had a very varied marketing career. And I think that’s set me up to navigate the ever-changing world of marketing. When I entered the industry, it was the arrival of the smartphone, then there was the social media boom. Next, it was ‘big data.’ Now it’s all about machine learning and AI. I also consider having been a marketer during the pandemic a formative experience – and we can all add that to our CVs now.

I’ve always felt marketing was a great fit for me given I’m fascinated by culture and change. I studied ancient history and the world of art, language and politics, and my first role was running PR for a film festival in London (even though I had no idea what public relations actually was!) From here I went on to help launch live entertainment – various musicals and exhibitions.

I decided to study a masters in international marketing so that I could connect the theory to marketing application. Upon graduating I got really lucky, landing a place on what was at the time a very renowned graduate fellowship run by Omnicom. I blazed my way through five agencies over 16 months, working in all areas of brand, insight, advertising, CRM and digital. I was in a pitch on my first day of the program and then in New York on one of my last pitching my own marketing strategy to Omnicom agency leaders.

After the program, I joined one of Omnicom’s agencies, Rapp, helping digitize Barclays bank communications and build strategies for Virgin Media. I then joined Naked Communications, a creative agency brewed for ‘misfits,’ working on social for eBay and across Virgin Atlantic’s global loyalty program. Interested in more upstream marketing, I moved into a strategy and innovation role at boutique consultancy The Gild (run by Simon Massey, now founder of Neverland) for some of the world’s most valuable brands: Campari, Microsoft, Nike and Diageo. At this stage, I received some wise advice to round out my marketing skills with through-the-line communications experience and so joined the esteemed agency VCCP as a strategist on Cathay Pacific, Müller, and many more clients – winning a string of awards and steeply growing professionally.

Next, I had the courage to set up my own independent marketing consultancy and work directly with startup, scale-up and established brands. About a year and a half later I received a call from someone in my Omnicom network about a role at Zoopla, the property marketplace, which had recently been acquired by private equity and was embarking on a transformation journey. I saw this as an opportunity to step into the world of tech and reimagine a brand and consumer experience end-to-end, to better empower homeowners and movers today.

There was a lot to do! The first task was to put purpose back at the heart of the business, then overhaul Zoopla’s proposition, establish a new brand platform and rebrand (visually and verbally). We redefined channel roles, improved attribution, hired a new agency bench and started developing ‘peak’ marketing campaigns supported by data-driven, hyper-localized content programmes

In my next role there as head of brand I was focused on inserting Zoopla bravely into culture and the nation’s conversations around home. The distinctive brand ecosystem we built and the increased frequency with which people were using Zoopla (every 1.5 seconds) is probably one of my biggest achievements.

Now my role has expanded to lead consumer and customer marketing, working in partnership with a growth director. In my view there is so much more to do to improve our industry and the rollercoaster journey that is moving home – for buyers, sellers, renters and property professionals.

In February this year, Zoopla was awarded the ‘UK’s Biggest Brand Mover’ accolade by YouGov – ranking higher than ITV and Google on brand, perception and purchase movement – which was a real testament to the journey I’ve been on.

Zoopla’s out of home campaign

In my research, I read that Zoopla saw losses narrow in 2021. And then in 2022, revenue increased. Zoopla was profitable on an operational level the following year at £2.2m. Perhaps you can explain to our readers what’s going on at Zoopla?

When I joined we were a pure play property marketplace – a destination to search for a home. We were playing the same game as the category leader, who obviously is doing a good job with a larger network effect. Our ambition had to become bigger than just home ‘search’ in order to better support homeowners, movers and professionals as well as Zoopla’s commercial growth longer term.

Since 2021 we’ve focused on positioning Zoopla as a trusted partner for more confident home decisions. Instead of talking about property search, we now talk to the main reason people appreciate Zoopla and use us, which is for the data and insight we give people about property. You come to Zoopla, get the latest house valuation, understand when’s the best time to move, how much to sell your current place for, find the best agent to sell it, what’s the best area to move to and what type of home you would prefer. All of this adds up to better home decisions.

We’ve built product and marketing around the role of being a moving partner, which has given us license to outmanoeuvre the competition, because now people are coming to Zoopla first when they’re first thinking about making a home decision. Because they are getting the information they need, they’re more likely to stick with us. This strategy has been growing our active user base and, as a result, is powering more personalized experiences on site/in-app. When someone is registered with us they are 3.2 times more likely to request to view a property or find an agent through Zoopla.

What’s interesting is that we’ve actually increased search volume on Zoopla by not talking about ‘search’ specifically. By going against the conventions of the category we’ve supported business growth. We are still a place to find your next home, but are also so much more than that.

Brand marketing on a local level: Zoopla’s branded taxis

Zoopla is planning on spending a 41% increase in marketing in 2024…

The journey at Zoopla has been nothing short of a rollercoaster. Covid happened three months into my role starting and the housing market effectively shut down. We’ve since had an ongoing cost of living crisis alongside a tech recession. So by nature, our budget previously contracted to reflect the macro environment; we don’t need to be spending on marketing when people are not spending as much money or, indeed, moving home.

However, coming out of the pandemic and still today, we are experiencing a large volume of pent-up demand for moving home. Lockdown built this up as it forced us all to reevaluate what we want from our homes today and seek out something that fit this vision. Enter Zoopla…

This positive market outlook has given our business and our board confidence that we should be investing more in marketing to consumers. The more high-intent audiences we attract to our site or our app, the more we can better support agents and house builders’ businesses.

I will say that we’ve been very ‘streetwise’ with our marketing, constantly defining and redefining our approach based on what the category is doing, what new technologies and channels are available, as well as what consumers want today.

We focus on regional, localized marketing opportunities for a start. Given property and local area is so personal, we need to address people according to where they live in tandem with addressing the nation (for mass appeal and volume). We’re also smart with our spending, targeting audiences who have a higher propensity to move in the next 6 to 12 months.

This streetwise approach has helped build business confidence in marketing spend, given it is hyper-targeted and we can demonstrate the ROI alongside commercial and product efforts.

Cassandra walks an audience through Zoopla’s precision approach to marketing

Seeing marketing as an investment rather than a cost. Many marketers reading this interview will be going: “I need to convince my C-suite of that.”

I have to be honest, there have been moments where it has felt like marketing is being viewed more as a cost, but you have to step back as a team: regroup, own the narrative, get closer to the CFO and the board to confidently land “Everyone, this is what’s working. This is how, and this is why we should invest.”

Zoopla’s website offers increasing amounts of supporting knowledge to help buyers and renters make their home decisions

Zoopla also announced that AI will be used to help optimize property searches. Are you able to share any info on that?

We know that AI is integral to improving the home-finding experience because searching for a home that fits your criteria is hard. I personally struggle with online retail, where you’re faced with sifting through thousands of t-shirts with no real way of categorizing and personalizing that experience. We are building the opposite of that at Zoopla whereby instead of you finding the right home, the right home finds you. AI is a driver of that, ensuring that every time you come back to Zoopla and show a behavior, we’ll serve up a set of personalized property recommendations and information relevant to that. We know people are searching for very specific property features or specific areas – for example, proximity to green space or renovation opportunities – so we use data science to tag and surface the properties that feel the best match to an individual.

We know it’s also not just about the property – the bricks and mortar – it’s about the area and the community. So we’re also investing in AI to build out hundreds of local area guides with multiple data points, including Ofsted school data as well as local pub ratings, plus what other areas ‘you might be interested in’. We’ve got over 300 on site right now.

AI is also behind a lot of our marketing because we know that a single marketing message delivered on a national level will not resonate. After all, moving home is an incredibly personal decision. Using AI we create over 370 local market reports tailored to where a user is looking to move. In addition, our monthly property estimate email informs over 2.3 million homeowners when the value of their home has changed.

The Zoopla site provides price guides and local area information to help home-hunters make the best choices

Can you tell us about your marketing team? How is it organized and structured?

Our marketing team has been through different structures and shapes but the fundamentals of organizing ourselves across the funnel remains demand generation (brand, media, social, PR), acquisition (SEO, paid search, content, app) and retention (CRM, content). We also have an in-house creative studio, who work across everything, particularly when it comes to fast experimentation of design and messaging in the middle of the funnel. Over time, the team has definitely become leaner, but as a result, we are working faster and closer than ever before.

How big is your team?

At the moment we are 25 people and are growing. We understand that Zoopla needs to be more of a publisher of supremely useful content, and we can only achieve that with more creative and media control. We will still have strong reliance on agency partners in some respects, but there will be more of the work coming in-house very soon.

Zoopla’s effective brand marketing on a local level

What skills have you acquired agency side that hold you in good stead now you’re client side?

Agility and pace has to be up there. You’ll struggle to be a successful marketer without the ability to adapt at speed to changes happening around you. We have largely hired from agencies for this reason, because we believe in the pace, as well as the breadth of experience it brings to a dynamic business.

Also, creative taste is something I’ve nurtured from the agency side. When you’re judging creative, validated data is hugely valuable, but nothing beats that instinct of ‘does this feel right?’ Because ultimately, if you don’t feel something with creative, no one else will. Creativity is something I have really championed at Zoopla – culture, bravery and insight are our foundations to ensure we always speak to the hearts and minds of the nation.

Finally, the purity and first principles of marketing is something that agency side has ingrained in me. On the client side, there is far more focus on the commercials – which is brilliant – but it can sometimes overshadow the importance of really leaning into the art and science of changing audience behavior. By hiring a blend of agency and client-side marketers, you can achieve the art and science that’s needed.

How do you feel about synthetic data, where AI can create models of your target customers, and you can ask them questions and even test hypotheses?

I’m open to it, given we are already using AI for insight and automation, to shortcut to better decisions. But ultimately, there still has to be a human involved. Potentially an augmentation of synthetic data with real human data could work. But we need 100% confidence; until that’s there there is risk, and you’ve got to mitigate that. We can’t just rely wholly on AI tools, particularly when it comes to fake versus real audiences.

AI generally is a risk to individualism and differentiation when it comes to brands. If everyone is asking the models the same thing, the same data is being churned out in response. The result could ultimately be this proliferation of sameness. It poses an interesting opportunity for marketing today: how to focus on the top of the funnel and codify what makes you truly unique.

What have you learned in your career journey that enables you to get the best out of marketing teams?

I think the discipline of marketing sets any people leader up well, given our whole job is about empathy and going deeper to understand and influence behavior.

For me, it’s all about identifying what drives people and then what drives the business and how you can connect those to create a bit of magic. I really enjoy inspiring and empowering others to develop themselves while simultaneously developing the business at the same time. So in short, it’s about bringing together great people with great business outcomes.

A Zoopla out of home campaign

As a marketer, you’re faced with a barrage of new technology solutions. How do you approach this to ensure you make the right choices?

This is where you have to be humble. You’re not going to be a marketeer who is as technically strong as you are creatively and/or commercially strong. You need to rely on your network around you for support and learning. For example, partner agencies who are closest to publishers and new tech platforms. They’re exploring them with potentially bigger brands with more investment to test where you can’t always take the risk to.

For example at Zoopla we can see the decline of reach through more traditional media and are exploring diversification across AV channels, working alongside our sister companies Confused.com and uSwitch, who are equally navigating and testing substitute platforms and solutions.

How do you ensure clarity around market orientation with your competitor and customer knowledge?

We take a comprehensive 360 view. We scope the property market, our category, our audience, and then build a plan off the back of it all. Given we have a lot of consumer tracking capability, we can identify propensity to move home before a person hits the top of the marketing funnel. This allows us to develop audiences and rightsize our spend based on prospect size and also based on our overall market share versus competitors.

In terms of tracking results, we use ‘share of voice’ and other indicators such as ‘share of branded search’ through to ‘share of lead’ metrics. The business really believes in brand health and when we continuously spend, we generally see quite an uptick in terms of spontaneous brand awareness and consideration.

What advice you might have for younger marketers that might be reading this interview? Imagine you’re speaking to a younger Cassandra, as you start your career in marketing. What advice might you give her? What should she do more of? What should she avoid?

First, always be open and say ‘yes’ to every opportunity. I got caught up when I was younger – I would think: “If I make this decision, does that put me into this box as a marketeer?” It didn’t matter. I just needed to grab every opportunity that was presented to me. When I look back, I have really cut marketing from every angle to understand where I best fit. Undoubtedly, it’s made me a better marketer.

Second, really know the opportunity and your audience. I often see junior marketers come into a business and they’re most excited about the output, the activation. But it’s only going to work if it all starts from a place where you completely understand what you’re solving for and who you’re creating for: that knowledge will make your work more impactful.

Sometimes, that means knocking on the door of the C-suite and other leaders saying: “I want to know more. I want to understand.” In my first 30 days at Zoopla, I don’t know how many coffees with stakeholders I had. It’s about being humble and asking the questions that will get you the information you need. This way you will build your repertoire much faster. You genuinely want to be the most helpful and inquisitive person in the room – curiosity and a desire to learn are what I personally hire for.

Zoopla out of home advertising celebrates their knowledge base

If there’s one thing you’ve learned about marketing it is…

Marketing is underplayed. It’s our job to get people to act and think differently. That’s not fluffy: it’s scientific, creative and above all, commercial. Demonstrating ROI on your marketing efforts is everything.

I feel that having been a marketer, one could almost enter any industry or take on any role, because you’re wearing 20 different hats every day. That’s why I love it, but it makes it a more challenging career choice – especially today. It’s a constant evolution, from increasingly data-rich environments to global pandemics through to the fluctuating economy. To thrive, you need to have the ability to define and redefine what effective marketing looks like, and then deliver those results.

You might die tomorrow so make it worth your while. Worth Your While is an independent creative agency helping brands do spectacular stuff people like to talk about. wyw.agency.

By Tim Healey,

Sourced from The Drum

BY HENNA PRYOR

This key business driver is already influencing your success, whether you know it or not.

What if the key to growing your business wasn’t about getting more customers, but about building deeper connections with fewer of them? Creating a personal brand can sometimes feel like showing up to a party in a costume when everyone else is in business casual. But once you realize others admire your uniqueness, you start to embrace it.

No matter where you are in your journey, intentional personal branding completely shifts the way you’re seen and sets you apart, and my friend AJ Vaden happens to be an expert on it. As co-founder of consultancy Brand Builders Group, a recent Inc. 5000 honouree, she and I discuss why building your personal brand isn’t optional–it’s essential. Here’s why it matters and how you can get started.

Start with who, not why

You’ve probably heard Simon Sinek’s famous advice to start with why. But Vaden suggests flipping the script–she says start with who. Who exactly are the people you are serving?

“It’s not about trying to appeal to the masses. It’s about finding your smallest viable audience,” Vaden says.

Your personal brand isn’t just about you–it’s also about those you’re serving and how well you understand them. The companies that are killing it right now aren’t trying to be everything to everyone. They’re laser-focused on serving a specific, highly engaged audience.

For example, the dating app Bumble gained early success by designing the platform primarily for women who prioritize safety and empowerment. They differentiated themselves by allowing only women to initiate conversations with matched male users.

Similarly, Marie Kondo built her personal brand around “KonMari,” a philosophy that emphasizes not just physical organization, but emotional well-being through tidiness. She serves individuals who feel overwhelmed by clutter in their homes and lives.

Branding success begins by creating value for the right people, not by having the most followers.

Personal branding isn’t a nice-to-have anymore–it’s the future of marketing

The days when branding was all about logos and catchy slogans are over. In the digital world, personal branding is how people connect, trust, and do business. A national study from Brand Builders Group found that 74 percent of Americans are more likely to trust someone with an established personal brand, and that number shoots up to 85 percent for Millennials.

“Personal branding is a trust accelerator,” says Vaden. For Millennials and Gen-Z, personal branding isn’t about vanity–it’s how they decide whom to buy from, hire, and follow.

I find myself nodding along vigorously. In my keynotes with leaders and sales teams, I often discuss the idea that we’re living in a modern trust crisis. Customers are increasingly sceptical of corporate promises and more likely to trust people over businesses, which makes personal brands even more powerful. Vaden’s research shows that 82 percent of Americans believe companies are more influential when their leaders have personal brands they follow and trust.

Your brand is already being built–so take control of it

Here’s the kicker: Whether you’re working on your personal brand or not, it’s already being built. You already have a personal brand. It’s just a matter of whether you’re building it intentionally or letting the internet do it for you.

Your personal brand is more than what you post online. It’s how people perceive you, from your social media presence to the things people say about you. If you’re not actively shaping that narrative, someone else might.

You don’t need to be famous or omnipresent–just known and trusted by the folks who matter most to your business.

Personal branding makes you money

According to Brand Builders Group research, 67 percent of Americans are willing to spend more money on products or services from companies whose founders have a personal brand that aligns with their values. That’s a pretty clear link between a strong personal brand and business success.

As Vaden points out, personal branding isn’t about looking cool online–it’s about building trust and relationships that turn into dollars and cents.

Overcoming the awkwardness of personal branding

Let’s name the remaining elephant in the room: Building a personal brand can feel awkward as heck. Putting yourself out there and showcasing your expertise might feel self-serving, but it’s essential for standing out in today’s competitive market. The good news? You don’t need to showboat, and you definitely don’t have to be perfect. You just need to be authentic.

One of the best strategies to embrace this awkwardness is to focus on providing value. Instead of thinking about how to look good or be impressive, shift your mindset to how you can help others. What problems can you solve for your audience? How can you make their lives easier? When you focus on being helpful, you naturally build trust and credibility, which ultimately makes the branding process feel less about selling yourself and more about serving your audience.

Ultimately, your personal brand is something that will morph with you over time. It isn’t just a reflection of who you are today–it’s the key to unlocking everything you can become tomorrow.

Feature Image Credit: Getty Images

BY HENNA PRYOR,

Sourced from Inc.

Sourced from Forbes

One of the best tools in a marketer’s tool bag is evergreen content.

Because this type of content can be used again and again, year after year, it helps keep marketers from stressing about filling their content calendar, and it also allows them to focus on creating high-quality topical or time-sensitive content more regularly.

However, when used too often or for too many years, evergreen content can start to become stale, and your audience may notice you’re recycling content without any relevant value. Thankfully, keeping evergreen content fresh doesn’t need to take up much time. Below, 13 members of Forbes Communications Council each share one effective way to ensure any evergreen content you reuse in your marketing or communications stays fresh and valuable for your audience.

1. Adapt It To Your Audience’s Most Current Pain Points

Evergreen content thrives on empathy. Check the pulse of your audience’s pain points through continuous evaluation. It’s about deeply understanding your audience and adapting your content to reflect their most pressing issues. How they articulate their challenges evolves, so your content must too. Speak to their current emotions and aspirations, and your message will always resonate. – Sahil Sethi, Freshworks

2. Encourage Engagement And Interactive Experiences

Incorporate quizzes or polls to refresh evergreen content. This strategy revitalizes material and invites active participation, transforming static info into a dynamic experience. Engaging users directly creates memorable, personalized interactions, boosting interest and retention. This keeps your audience invested and eager to engage repeatedly. – Resha Chheda, Safe Security

3. Align It To The Company’s Latest Offerings

To keep evergreen content fresh and relevant, we align it with the company’s latest offerings. This ensures it stays up to date while directly supporting our business goals. This approach works well because it makes the content more engaging for our audience and creates a seamless connection between valuable information and our current strategy. – Jessica Wong, Valux Digital

4. Collaborate With Industry Experts And Influencers

Collaborating with industry experts or influencers to periodically update or comment on evergreen content adds new perspectives and relevance. This enriches the material with fresh insights and enhances its appeal, leveraging the experts’ credibility to keep the content engaging and aligned with current trends. – Cade Collister, Metova

5. Update It With Current Trends And Insights

One way I ensure evergreen content stays fresh for its audience is by regularly updating and contextualizing it with current trends and insights. Evergreen content is valuable because it’s timeless, but to keep it relevant, I revisit it periodically to add new data, examples or perspectives that resonate with today’s happenings. I call it falling forward. – Shanita Akintonde, ShanitaSpeaks, LLC

6. Embed Practical Use Cases

We ensure evergreen content stays relevant by embedding a practical use case, like a course, calculator, matchmaker or checklist so clients can consistently return to it for value. This approach works because it’s timeless and addresses ongoing problems everyone faces. This way, we ensure the content remains valuable and always worth revisiting. – Alaattin Kilic, Visa Franchise

7. Run An Annual Case Study Or Consumer Survey

Run an annual case study or consumer survey with consistent data points or questions; it will pay off big. This allows you to structure content to be updated in a new annual report each year. It will also allow you to link back to the prior year’s report to show changes over the course of time. Make it part of your annual content calendar to ensure consistency in the timing of annual reports. – Esther Bonardi, Yardi Systems

8. Focus On Deep, Authoritative Coverage Of Topics

We ensure evergreen content stays fresh by focusing on deep, authoritative coverage of topics. Rather than chasing trends, we minimize the use of easily outdated statistics, placing time-sensitive data in just a few sections. This approach keeps content relevant longer, requiring only minor updates, and allows us to maintain its value and longevity without constant revisions. – Kurt Uhlir, Ethereal Innovations, Inc.

9. Transform It Into New Formats

Most brands possess a wealth of content that remains accurate and valuable for driving company goals and revenue. Refresh this legacy content by repurposing it into different formats. Video content is particularly versatile and easily adaptable to various lengths and channels. AI tools can further enhance this by efficiently and effectively creating new clips from multiple sources, including text. – Kerry Curran, Revenue Based Marketing Advisors

10. Conduct Quarterly Content Audits

Content teams often get caught up in creating new content to meet the needs of the latest campaigns. However, an important part of content governance is to conduct quarterly content audits. Regularly evaluating the most popular content to decide whether it should be deprecated, updated or retained ensures that evergreen content remains fresh and relevant. – Rekha Thomas, Path Forward Marketing LLC

11. Take Cues From Your Core ‘Why’

Your evergreen content comes straight from your core “why.” It’s the reason that got you started, the one that will always be valuable. But it’s not about repetition. Generate a sentiment people will recognize, in a space where you are the undiscussed authority, and they will see that your brand is always on, always listening, always relevant. They will thank you for it. – Matteo Atti, Vista

12. Integrate Content Lifecycle Management

Integrate content lifecycle management into your broader strategy with a roadmap that includes scheduling updates, repurposing content and optimizing for SEO and performance metrics. Track performance, identify trends, incorporate user-generated content and automate updates for a proactive, data-driven approach that maximizes reach, engagement and ROI while keeping content fresh and relevant. – Mark Rainey, inQUEST Consulting

13. Focus On Stories That Reflect Your Brand Values

Evergreen content enables deeper audience engagement by focusing on stories that reflect your brand values, not just fleeting trends. This content showcases your unique position to target audiences and can be reused across various channels, from blogs to social media. By linking it to new topics, you conserve resources while maintaining strong audience resonance. – Alyssa Kopelman, Otsuka Precision Health

Feature Image Credit: Getty

Sourced from Forbes

Communications, PR, public affairs & media relations executives from Forbes Communications Council share first hand insights.

By Susan Pfeifer

By now, you’ve probably heard about the fractional CMO—a marketing leader contracted to work a limited number of hours a week instead of as a full-time executive.

The fractional CMO is a solution to a problem, and it can be a good one. Companies get CMO-level expertise at a reduced rate, and CMOs get better work-life balance. It begs the question: Could clients and agencies do the same thing? What if there was a “fractional agency” model?

A fractional agency approach would provide a small, dedicated team of experts who can scale their support based on the client’s evolving needs. It’s not a retainer or a traditional project-based model; there’s an assumption that you’ll always be working on something for the client, just not at the same scale month to month. You end up with a flexible work solution that benefits both parties.

Addressing the naysayers

A fractional agency approach is admittedly less of a distinct third offering than a more traditional approach, but I think of it more as the best of both worlds. A successful fractional agency that sells will contribute a lot more to stability than a retainer-based approach with no buyers.

If we could, of course we would all go back to the retainers of yesteryear. They offered the most stability for the agency, which in turn gave clients the kind of creative, strategic partnerships only time can build. And for some clients, a retainer model is still going to get them the best value for their spend.

But many clients can’t work like that. Just look at the numbers: Marketing budgets are a shadow of their former selves, having decreased almost 19% since 2022. And even if a client can afford a retainer model, sometimes their stakeholders refuse on principle to engage in retainer relationships because they’ve been burned in the past by disreputable partners. Those clients often opt for project-based models, which could lead to onboarding many agencies in the same length of time as the traditional retainer.

What we’re doing isn’t working

Project-based models allow clients to engage with agencies on only their most pressing needs, but their drawback is that they lack the strategic depth that an agency can bring over time. Even retainer models have their downsides—if there isn’t consistent work, the ability to appropriately plan, and opportunity for an agency to provide value, the entire relationship could be at risk. And both retainer and project-based models can become mired in scope creep, which requires tedious contract adjustments on both sides.

A fractional agency approach addresses all these downsides: By combining the flexibility of the project-based model along with the stability and long-term relationships of the retainer model, clients get agencies that will provide adaptable, ongoing support and a consistent focus on the client’s overall business health and strategy.

There are a few situations where a fractional agency approach works best.

You work in a volatile industry

Some industries and companies are almost guaranteed to work in boom-and-bust cycles. If you’re a startup or your sector often faces fast-changing conditions, having a flexible partner who can provide expert guidance, strategic insights, and quick pivots is invaluable.

You have a complicated business

Especially in B2B, some industries have highly complex regulatory conditions or customer journeys. These kinds of clients might want a project-based partner, but the onboarding process and lack of consistent strategic communication between agency and client can wipe out any savings they might have had by not engaging on a retainer basis.

Complicated industries, like health care or finance, need long-term strategic partners that understand their business and the players within. A fractional agency gives them that support without locking them in.

You need consistent support that can scale

People often look to agencies for big ideas. But sometimes, hiring a fractional agency to do your team’s day-to-day can free up your marketers to engage in more of that big-picture thinking.

For example, websites require constant maintenance and UX/UI improvements, especially in competitive industries like consumer electronics and finance. A fractional agency can continuously update and optimize your site, ensuring it remains a powerful tool for attracting and retaining customers. Its people handle everything from content updates to technical tweaks, and they know your platform and workflow inside and out, saving you time and money in the long run.

Content creation is another area where fractional agencies work really well. You can engage experts who know your brand to create engaging, relevant content without stretching your internal resources too thin. If you need to scale up content before an event or push out a lot of content to take advantage of a market opportunity, you have the built-in support to do so without burning out your in-house teams or hiring additional full-time employees.

A better way to do business

Clients today need to show ROI, often with smaller budgets and faster market changes. Agencies, on the other hand, struggle to achieve stability and profitability from traditional project-based work and scope creep.

Adopting a fractional model gives clients and agencies a solution that works better for everyone: Continuous involvement allows for better alignment with your overall business strategy instead of isolated campaigns; you can adjust the level of support as your needs change, avoiding the pitfalls of being locked into long-term commitments; the pay-as-you-go model ensures you’re only investing in the support you need when you need it, maximizing the return on your marketing spend.

At the end of the day, good partnerships are still those that are mutually beneficial and built on reciprocated respect. A fractional agency approach honours the qualities that make long-term agency–client relationships successful—consistency and understanding—and reimagines it for the current business environment.

Feature Image Credit: Richard Drury/Getty Images

By Susan Pfeifer

Susan Pfeifer is head of client delivery at VSA Partners.

Sourced from ADWEEK

By Alexandra Tremayne-Pengelly

Google faces a second antitrust trial in less than a year.

Just one month after Google (GOOGL) lost an antitrust trial over its monopoly in the online search market, the tech giant is facing a second major competition case surrounding its search dominance. A trial starting this week (Sept. 9) will see Judge Leonie Brinkema, a federal judge in Virginia, determine whether the company is illegally monopolizing the digital advertising industry.

Google is no stranger to antitrust scrutiny—in August, another federal judge ruled it had built up an unfair position in the online search market. The company has previously faced a bevy of antitrust probes over issues like its app store operations and the Android mobile operating system.

This time, Google is being investigated for its outsized position in digital advertising. The ongoing trial stems from a federal antitrust suit last year that claimed the company unfairly controlled both the supply and demand of online advertising through its monopoly of the “ad tech stack” used by digital publishers and advertisers—in part as a result of its acquisitions of other ad tech companies.

Losing the case could see Google’s ad tech business broken up, which would lead to wide-ranging ramifications across the tech and ad market. Google has been a major player in online advertising for decades. Its advertising revenue reached over $200 billion last year, accounting for more than two-thirds of the company’s total revenue.

Here’s a look at the timeline of events leading up to Google’s ad tech case:

2008: Google acquires DoubleClick

Google’s purchase of DoubleClick, a publisher ad server, constitutes one of the most significant aspects of the ongoing antitrust trial. The $3.1 billion acquisition of DoubleClick in 2008 “vaulted Google into a commanding position over the tools publishers use to sell advertising opportunities” and “set the stage for Google’s later exclusionary conduct across the ad tech industry,” according to the antitrust suit filed more than a decade later. The Federal Trade Commission (FTC) investigated Google’s acquisition at the time and ultimately allowed the tech company to proceed with its purchase.

2009-2011: Ad tech purchases proliferate

Google didn’t stop at DoubleClick. It built an ad tech empire over the following years, making a series of acquisitions to bolster its intermediary position between advertisers and publishers. In 2009, it purchased AdMob, a system allowing publishers of mobile apps to sell ads, for $750 million. The following year, it took over Invite Media, a bidding exchange for display advertising, for $81 million. And in 2011, Google bought the yield manager AdMeld for $400 million.

2016: Google begins combining user data

At the time of Google’s 2008 DoubleClick acquisition, its privacy policies prevented Google from combining user data from external websites with those from Google properties. This changed in 2016, according to the antitrust suit. Google allegedly amended its policy and began combining user data, a decision that helped it target advertising to users “in ways no one else in the industry could absent the acquisition of monopoly—or at least dominant—positions in adjacent markets such as Search,” according to the suit.

2023: The Justice Department files an antitrust action

In January 2023, Google’s ad tech dominance finally came to a head. The U.S. Department of Justice and eight states filed an antitrust suit in a federal district court in Virginia, accusing Google of unfairly dominating the online advertising market. Through its “longstanding monopolies in digital advertising technologies,” the company, on average, pockets more than 30 percent of ad dollars from its various ad tech products, according to the suit.

2024: Google fights for a bench trial

The government initially intended for its antitrust lawsuit to be heard by a jury this fall, as the suit included a damages claim. In July, Google managed to avoid a jury trial by handing over a $2.3 million check covering requested damages and interest, therefore ensuring the case would be heard by a judge instead. The case, which started this week, is expected to run for several weeks.

Feature Image Credit: Pawel Czerwinski/Unsplash

By Alexandra Tremayne-Pengelly

Sourced from OBSERVER

 

 

By Jody Godoy

ALEXANDRIA, Virginia (Reuters) – A Google executive told colleagues the goal for the company’s then-nascent online advertising business in 2009 was to “crush” rival advertising networks, according to evidence prosecutors presented at the tech titan’s antitrust trial on Wednesday.

The statements underscored the U.S. Department of Justice’s claim that Google has sought to monopolize markets for publisher ad servers and advertiser ad networks, and tried to dominate the market for ad exchanges which sit in the middle.

On the third day of the trial, prosecutors began to introduce evidence of how Google employees thought about the company’s products at the time when the government alleges it set out to dominate the ad tech market.

“We’ll be able to crush the other networks and that’s our goal,” David Rosenblatt, Google’s former president of display advertising, said of the company’s strategy in late 2008 or early 2009, according to notes shown in court.

Google denies the allegations, saying it faces fierce competition from rival digital advertising companies.

Rosenblatt came to Google in 2008 when it acquired his former ad tech company, DoubleClick, and left the following year. The notes of his talk showed him discussing the advantages of owning technology on both sides and the middle of the market.

“We’re both Goldman and NYSE,” he said, he said, according to the notes, referring to one of the world’s biggest stock exchanges at the time and one of its biggest market makers.

“Google has created what’s comparable to the NYSE or London Stock Exchange; in other words, we’ll do to display what Google did to search,” Rosenblatt said.

By owning publisher ad servers, the advertiser ad network would have a “first look” at available spots for ads, he said according to the notes. He also said it was a “nightmare” for publishers to switch platforms.

“It takes an act of God to do it,” he said, according to the notes.

Rosenblatt, now CEO of online luxury marketplace 1stDibs, did not immediately respond to a request for comment.

Brad Bender, another former DoubleClick executive, who worked at Google until 2022, testified at trial that he forwarded the notes to his team, calling them a “worthwhile read” at the time.

Google has said it is not the only company to offer an integrated suite of products for advertisers and publishers, and that Microsoft, Amazon and Meta Platforms have similar offerings.

If U.S. District Judge Leonie Brinkema finds that Google broke the law, she would consider prosecutors’ request to make Google at least sell off Google Ad Manager, a platform that includes the company’s publisher ad server and its ad exchange.

Feature Image Credit: Reuters

By Jody Godoy

(Reporting by Jody Godoy in Alexandria, Virginia; editing by Jonathan Oatis)

Sourced from yahoo! finance

By

Rufus, Amazon’s recently launched, shopping-focused chatbot, is getting ads soon.

That’s according to a changelog published by Amazon this week (first spotted by AdWeek), which states that sponsored ads could soon start appearing in placements for Rufus users in the U.S. Ads will be shown based on Amazon search and conversational context, Amazon says, and Rufus may generate text to accompany existing ad copy in certain cases.

Amazon chatbot Rufus
Image Credits:Amazon

“We continue to make enhancements to the Rufus experience, including improving brand and product discovery by introducing relevant sponsored ads that help customers discover selections related to their conversation with Rufus,” a spokesperson said.

The ads in Rufus test recalls Microsoft’s experiments inserting ads into Copilot, the chatbot in Bing and the company’s other properties, including Windows. AI being the costly endeavour that it is, it’s not exactly surprising that companies are looking for tried-and-true methods to generate a return on investment — or at least break even.

Feature Image Credit: Andriy Onufriyenko / Getty Images

By

Sourced from TechCrunch