Wednesday, August 13, 2025
Home Blog Page 49

Is Social Media Dying as a Sales Tool?

0

Social media is dying as a sales tool. It’s just that no one knows it yet.

It’s true: brands are spending less money on social media advertising, and consumers are using it less frequently to complete purchases.

Forrester Research’s Retail Topic Insights Survey 2022 showed that 62% of online adults never complete purchases inside social media networks. But it works for younger consumers. The Forrester data showed that 61% of U.S. online adults under 25 have completed a purchase within a social network, compared with 29% of 45-54 year-olds. Social media advertising is slowing.

. That’s about 10 times slower than in 2021, according to estimates from eMarketer Magna cut its estimates for worldwide social media growth.

One reason why Social Media Marketing will continue to lose effectiveness in the future is that social media sites generate most of their revenue through paid advertising.

If you learn how to advertise on Facebook and convert the clicks into leads and leads into sales, you can afford to spend more money on ad platforms and get more reach. However, most businesses do not have a marketing funnel in place and naively believe that simply increasing their social media activity will lead to more sales.

A lot of small-business owners think that if they just get their products in front of enough customers, sales will follow. But it’s not as simple as they imagine. The truth is that social media marketing, though similar to advertising, has its limitations and shortcomings. As more businesses try to create free accounts in order post stuff that’s not interesting–yet still expect it go viral—their reach will eventually decrease.

The amount of time people spend on social media is not increasing, new user growth has flatlined and if more businesses try to reach the same internet users, according to basic maths, the reach of each business should go down because now the attention is divided between all the users who follow many business pages at the same time (on top of following more individual users).

But don’t count out the power of Facebook and Instagram just yet—they aren’t going anywhere any time soon.

The reason for this shift is simple: social media isn’t dying; it’s just changing. The problem is that marketers have been so focused on how much money they can make from their ads—not what customers want—and that’s not always more ads.

The key to understanding why social media isn’t dying is that it’s no longer just about the ads. It’s also about what those ads can do for your business—and that means more than just driving sales. Social media is a powerful tool for brands because it gives them an opportunity to connect with customers on a deeper level, which in turn can help them build trust and loyalty over time.

In 2022, consumers want more personalized experiences—and they want them everywhere, including in their social networks. 

They want an experience that feels like it was designed just for them instead of being pushed into using an app or service with no regard for what they actually want out of it.

That means companies need to work harder than ever before to make sure their products are accessible and easy-to-use across all platforms (including social media).

Integral Ad Science Appoints Khurrum Malik as Chief Marketing Officer

0

Integral Ad Science, a global leader in ad quality and brand safety solutions, today announced the appointment of Khurrum Malik as Chief Marketing Officer (CMO). Malik will accelerate market growth initiatives for IAS and lead its global marketing strategy.

Malik is a technology marketing leader with a broad range of experience driving growth for public and private companies. Most recently, Malik was Head of Global Business Marketing at Spotify, where he led business marketing, creative, product marketing, measurement, and analytics teams within Spotify’s advertising business. Previously, he served as CMO of Compass—a real estate technology platform—and was Head of Product Marketing at Meta.

Malik holds an MBA from the University of Virginia; M.S. in Computer Science from George Mason University; and B.A. in Economics from Stanford University.

“IAS has set the global benchmark for trust and transparency in digital media quality,” said Malik. “I look forward to working with the entire IAS team to ensure global marketers, publishers, and media platforms understand how best to leverage our technology and insights to activate brand-safe

Beth Henry Hired as CMO of Curative

0

Curative, a leading healthcare delivery company, today announced the appointment of Beth Henry to the position of Chief Marketing Officer (CMO) of Curative.

With over 20 years of experience in marketing, strategic planning, and operations leadership, Henry is a proven senior marketing executive who has led marketing strategy for some of the most notable brands in healthcare.

“We are thrilled to have Beth on the Curative team as our new CMO, bringing her strong skill set of consumer healthcare-focused marketing and communications to our Marketing Communications team,” said Fred Turner, CEO and co-founder of Curative. “As Curative sets out to transform the healthcare industry, Beth’s insights and knowledge will help us advance the Curative mission to our key stakeholders so we can remove barriers to care and help keep our members healthy.”

Henry most recently served as Vice President and divisional CMO for Cigna HealthCare where she drove marketing strategy and activation across commercial and government healthcare business segments. Prior to that, she served as Vice President and COO of Cigna’s Select Segment which offers health benefits to clients with more than 500 employees.

Marianne Radley added as CMO of Smoothie King

0

Smoothie King has added an experienced marketing executive to its leadership team. Marianne Radley brings a wealth of global marketing, advertising and product innovation experience to Smoothie King and will support the brand’s mission to inspire people to lead a healthy and active lifestyle.

Radley has been recognized as Forbes Magazine’s Top 100 Women in Brand Innovation, Adweek’s Top Women to Watch awards and has received the Cannes Lion Award for Marketing Effectiveness.

Smoothie King’s executive leadership team additions follows recent development success for the brand. Smoothie King opened its 1400th location in September and has signed 145 new development agreements in 2022 to expand its footprint in key growth markets such as the Upper Midwest and Central Atlantic regions, as well as Colorado and Texas. Smoothie King is seeking additional operators in Cleveland, Denver, Phoenix, New York and Charlotte, among other target markets.

David Daumas Named Chief Marketing Officer of Vulcan Forged

0
David Daumas of Vulcan Forged

Vulcan Forged, a blockchain and NFT game studio, today announced the appointment of David Daumas as Chief Marketing Officer

Bringing with him over 15 years of experience in marketing, David Daumas was the global engagement & acquisition marketing manager at EA from 2014 – 2017, where he managed a portfolio of AAA games that included EA SPORTS FIFA, UFC, and NHL. Following that position, he spent five years at a loyalty program company and was a senior product marketing manager for Immutable’s fan tokens platform. He was most recently the marketing director at Absolute Labs (Web3 customer engagement platform).

In his new role as CMO of Vulcan Forged (VUF), he will be responsible for evaluating the company’s current ecosystem and seeing the opportunity within as well as reaching out for new ones

“In the last 18 months, we have been seeing some amazing projects showing what Web3 can deliver for users and players. At the same time, we are at a key moment at a macro-level,” said Dumas, “A lot of negative news is coming out of the crypto space at the moment. Bad actors are the focus of the narrative and we have to work harder than ever to come on top. My goal will be to continue exploring Web3 marketing practices while also taking into consideration more traditional marketing strategies to help grow Vulcan Forged to the next level. That means focusing on meaningful growth and building stronger customer journeys.”

FTC Ad Compliance Lawyer on Proposed Work-at-Home Revisions to BizOpp Rule

0

The FTC recently voted unanimously to issue an Advance Notice of Proposed Rulemaking (ANPR) considering modification to the FTC’s Business Opportunity Rule (BOR).

The BOR as currently applies a “commercial arrangement” in which a “seller solicits a prospective purchaser to enter into a new business,” the “prospective purchaser makes a required payment, and the “seller, expressly or by implication, orally or in writing, represents that the seller or one or more designated persons will’ either (i) provide locations for the purchaser’s equipment, (ii) provide outlets, accounts, or customers for the purchaser’s goods or services, or (iii) buy back any or all of the goods or services that the purchaser makes or provides. 

The BOR requires sellers of bizopps to provide a specific type of disclosure document that includes information about potential earnings and substantiation of representations, legal actions, how to cancel, refunds and references that have purchased the bizopp within a specific time period. Importantly, the BOR also includes a list of prohibited claims and misrepresentations and discusses how sales in languages other than English must be handled.

For the first time since its inception, the BOF will be revised and presumable, updated. In her statement, FTC Chairperson Lina Khan states that “[t]he rule had served the public well over the years,” but “several varieties of scams . . .  fall outside the scope of the existing rule, [including] certain kinds of business coaching and work-from-home programs, investment programs, and e-commerce opportunities.” Chairperson Khan asserts that “case-by-case enforcement has key limitations—especially after the Supreme Court’s AMG decision” that held that the FTC lacked authority to obtain equitable monetary redress under Section 13(b).

The ANPR does not identify specific proposals. However, it does highlight that work-from-home programs, investment coaching programs, and ecommerce opportunities as potentially being within the scope of the BOR. Something that the FTC almost certainly wants to “fix” and broadly expand upon.

Note, the ANPR mentions that the FTC may consider previously submitted comments in another ANPR about “earnings claims.” In fact, the FTC notes that it “solicited and received comments about the following industries: multilevel marketers, for-profit schools, and gig platforms.” It will be interesting to see how modifications to the BOR may conflict with similar local, state and/or federal business opportunity legal regulatory requirements.

This matter should be of interests to digital marketers and online lead generators.  Contact an experienced FTC lawyer if you are interested in discussing the FTC’s Business Opportunity Rule and agency policy in order to minimize potential liability exposure.

Richard B. Newman is an FTC defense attorney at Hinch Newman LLP.  Follow FTC attorney on National Law Review.

Informational purposes only. Not legal advice. May be considered attorney advertising.

Who is Afraid of Web3?

0

One of the big misconceptions about #web3 and #nfts for brands are the risks due to #cryptocurrency. In the current environment, that’s a fair concern. Here is what marketers need to know how to navigate the environment to successsfully meet this demand, and monetize the #metaverse:

1. Blockchain is different from digital currency. Digital currency is just of the numerous potential uses of Blockchain.

Blockchain technology is a system for recording transactions that has no central database. It’s a distributed, immutable ledger that can be used to record transactions among multiple parties in real time. This means that it allows parties to transfer assets or data without relying on a third party or middleman (like a bank).

2. NFT’s: An NFT is a blockchain token that can represent ownership in a unique digital item, such as a profile picture (PFP) or avatar, collectibles, and digital clothing. It does not need to be issued or purchased with crypto (indeed, to scale, fiat is better). And you dont have to call them NFT’s.

An NFT is an immutable token that represents ownership in a unique digital item. The digital item can be anything from an avatar on a social network to a profile picture on Twitter that has been gifted by someone else. These tokens are also called non-fungible tokens because each one of them is unique.

As opposed to fungible tokens like bitcoin or ether which are interchangeable and can be traded for any other unit of the same currency type.

3. CRM: Starbucks is one of the most popular brands in the world, and it’s because they are constantly innovating their brand experience.  Their loyalty program is an excellent example of this:  In addition to rewarding customers with a free drink after they purchase 12, they’ve also been able to use NFTs to create unique experiences for their customers.  For example, if you buy a Frappuccino with your app at Starbucks, you’ll get another one for free on your birthday!

Starbucks’ loyalty program has been so successful because it has proven that CRM needs a comprehensive NFT strategy.  As digital touchpoints between consumers and brands become more important than ever before, brands need to be able to understand how consumers interact with their products—and how those interactions can be improved.

The best way to do this is by experimenting with new technologies like NFTs and blockchain-based platforms that can help provide access to data without compromising security or privacy.


Similarly, #Nike showed its commitment to the space by creating the .swoosh marketplace to make digital collectibles more accessible.  “We are shaping a marketplace of the future with an accessible platform for the web3-curious,” said Ron Faris, VP  Nike Virtual Studios. “In this new space, the .SWOOSH community and Nike can create, share, and benefit together.”

It would be short-sighted for brands to abandon NFTs after a much-needed market correction. In fact, the recent market correction is a great opportunity for brands to get involved in NFTs before they become completely mainstream. 

Brands can use this time to educate themselves on the space and how it will affect their business, while also creating partnerships with other brands that have already established themselves as leaders in this area.

Blockchain and other digital assets have the potential to open up a new world of possibilities in the Metaverse. Just as payment systems on websites opened up e-commerce to all the transactions we make online each day, so too will blockchain make it possible for people to interact with each other face-to-face in virtual environments.

And who is at the forefront of this trend? Generation Z (Gen Z), whose members will comprise the largest income bracket in the world by 2030. They’re already embracing digital assets like bitcoin and ethereum, trading NFTs for fun, so it seems likely that they’ll also be among the first to embrace VR/AR technology.

The world is changing, and fast.

That’s especially true for the world of marketing. If you want to capture these new trends and technologies, you need to be willing to wait things out a little—and you need a flexible strategy that lets you get there.

With so much going on in the tech space, it can be tempting to jump straight into new tools and channels. But if you’re not careful, you can lose sight of the big picture: what your brand stands for and what kind of impact you want to have on the world.

That’s where patience comes in. Patience is one of those words that gets thrown around a lot, but it’s not always clear what it means. In this case, we’re talking about having the patience to invest in a flexible strategy that will help you adapt over time—even as new trends and technologies emerge.

Lacework Hires Meagen Eisenberg as first Chief Marketing Officer

0
Lacework Hires Meagen Eisenberg as first Chief Marketing Officer

Lacework, a cloud security startup backed by Sutter Hill Ventures, is shaking up its executive ranks by appointing their first Chief Marketing Officer.

The new hires are the latest of several personnel changes at Lacework in recent months. The startup in May laid off 20% of its workforce of roughly 1,000 employees in a cost-cutting move, and its president and global sales chief Andy Byron stepped down three months later. Last month, David Hatfield, who was leading Lacework as co-CEO along with ex-Facebook engineering executive Jay Parikh, stepped down from that role.

Meagen Eisenberg will be stepping into the role of Chief Marketing Officer at Lacework. Eisenberg bills herself as a Transformational leader with experience managing customer acquisition to adoption and advocacy with experience at global businesses ranging from startups to mid-market to Fortune 500. 18 successful exits since 2011 as an operator and advisor including 3 IPOs and 15 mergers and acquisitions.

She has strong ability to optimize current business practices quickly improving poor performance areas while developing new strategic imperatives. Forward thinker leveraging data and technology to deliver future growth and a sustainable revenue path.

Meaghan says that one of the key components of being a successful CMO is hiring technologists on your team and having fast access to that talent to lead your marketing transformation. In order to do this, you need to understand what skill set you’re looking for and how to talk the language.

“This is also important when trying to collaborate across different groups. You get a lot more buy in if you know how to talk their talk. This allows you and your team to move a lot quicker – you understand their struggles, and gather insights that help build out product.”

Deep Dive: Inside the Walmart Ecosystem

0

Walmart reported higher earnings in its third quarter this week. All revenue increased by 30% between the second and third quarters, but that’s only part of the story: Walmart U.S.’ advertising sales have grown 40% year-over-year—a sign brands are increasingly looking to online channels as a way to reach their customers more efficiently than ever before.

Walmart is aggressively seeking to capture a larger share of digital advertising revenue, pushing beyond its traditional offerings in order to compete with Amazon and Google.

Although Walmart continues to trail Amazon in areas such as content creation and distribution, the company is making large investments into strategic opportunities—such as product improvements or customer experience upgrades —and showing its commitment to being a serious player in the eCommerce ad market.

On a recent earnings call, President and CEO Doug McMillon attributed the growth to “More items and sellers driving GMV (Gross Merchandise Volume) and improving customer satisfaction.” 

He continued that success with advertising is “mutually reinforcing. If we double-click on advertising with Walmart Connect in the U.S., we see it benefiting from growth in e-commerce and improvements made within the business itself. And we’ve seen strong growth in return on ad spend over last year.”

Walmart Connect, the U.S. advertising division of the big-box store, grew 40% year-on-year in the company’s fiscal third quarter, according to an earnings statement. Walmart Connect is Walmart’s self-service ad platform that was recently announced; it allows retailers to create an account and upload their product SKUs to the Walmart platform.

CEO Doug McMillon told investors that their flywheel continues to take shape, as omnichannel approaches like marketplace, advertising, and fulfillment strengthen the core business. The latter posted a consecutive quarter ad sales growth of 30%.

The aim, explained CFO John David Rainey, was to build out parts of the business like advertising and fulfillment, which are not only faster-growing but have a higher margin associated with them.

What does this flywheel contain?

For instance, Walmart just announced that it will be offering the Paramount+ ad-supported tier—which previously cost $5 per month as a standalone subscription—free to all Walmart+ members. And there is another benefit to Walmart Connect: It will secure a guaranteed chunk of the premium CTV inventory it can package on its own ad platform.

Walmart’s investment in its advertising platform has another, equally important motivation: the fact that it is a high-margin revenue source. This is the area where Walmart’s leadership has been most aggressive.

The company has been investing in its advertising business for years, and it now sells more than $1 billion worth of ads per quarter. All that investment has paid off: Walmart’s e-commerce business is growing at twice the rate of Amazon, which means it could quickly become a bigger threat if not addressed.

McMillon told ADOTAT that Walmart is trying to leverage the relationship between digital growth, marketplace expansion and advertising.

However, many other companies are also benefiting from Walmart’s new ecosystem Walmart recently announced it has added several new API partners to its Walmart Connect retail media network.

 The company has focused on adding features and capabilities by partnering with technology and service vendors.

Earlier this summer, it struck deals with several ad-tech vendors— all of them specialists in different areas such as ecommerce ads, ad optimization ,and cross-channel advertising.

The partnerships are in addition to the previously announced integration with the e-commerce platform CommerceIQ. Partnering with ad optimization platform Intentwise, e-commerce ad platform Perpetua and e-commerce cross-channel targeting service Quartile, Sellozo provides advertisers with a range of options to customize their ads.

The platform also announced new deals that aim to better measure the impact of social commerce on TikTok and Snap, as well as CTV ads running on Roku. Walmart is also working with live video commerce platforms Firework and TalkShopLive to develop content around live-shopping events for its website.

Advertisers will soon be able to use new platforms and technologies in the ad tech, measurement and e-commerce industries.

Beyond the retailer’s owned and operated channels, Walmart Connect allows advertisers to reach other trafficking platforms such as those of The Trade Desk—a partnership that was launched in 2021

In addition to partnering with The Trade Desk, Walmart has acquired ad tech company Thunder for their creative automation and ad optimization capabilities. This will provide the company’s coming demand-side platform (DSP) with enhanced features that are similar in vein to Amazon acquiring Sizmek last year.

Colgate-Palmolive was able to use Walmart Onsite and Offsite Display through the recommendations of Walmart Connect’s campaign platform to drive 30% in new buyers for its dorm essentials range, with an 8% sales lift and $11.16 return on ad spend.

This past October, it launched its Walmart Creator platform. The portal allows content creators to make a commission — with no limit — on any product links shared on social media sites like Facebook and Instagram. Walmart Creator provides users with product recommendations based on their interests. The program also tracks the performance of each user’s campaigns and provides them with data to help improve future advertising efforts, according to the release.

Walmart serves more than 230 million customers and members each week at its more than 10,500 stores and on numerous e-commerce websites. Walmart is making an astute move by expanding the range of products and services it advertises. Walmart has unparalleled insights into how US consumers shop, and will become a major player in the ad industry moving forward.

Why Are Advertisers Dropping Neilsen?

0

The Currency Council was created to make TV advertising more fair and transparent by setting prices. It is made up of advertisers who are paying a fee in order to participate in “alternative” viewing guarantees with NBCU (the network).

These guarantees are designed to help advertisers get the best value for their advertising dollars by providing them with protection against audience erosion due to new technologies like streaming and mobile devices.

NBCUniversal has been leading the charge in arguing that traditional TV measurement leader Nielsen does not accurately account for viewers shifting away from live broadcasts and towards online streaming.

A Senior Executive at NBCUniversal, who was not authorized to speak to the press, told ADOTAT “This is really simple. Neilsen has been the monopoly—and taken advantage of that position by overcharging.”

Another executive said that NBCUniversal had been “working for years” to convince Nielsen and its clients that the company is not able to properly measure TV viewership across all screens. He said that NBCUniversal has tried everything from “substantive conversations with Nielsen” to threats of creating their own system. Which they sure did.

Nielsen, the industry’s largest measurement company, lost its third-party accreditation in 2021. Last week, Nielsen was stripped of Media Rating Council (MRC) accreditation—a move that makes it difficult for brands to use viewership numbers generated by Nielsen when making media buys or planning promotional strategies.

iSpot was the first company to receive NBCU certification as an alternative to Nielsen, measuring audience in a currency-grade fashion.

“These innovative advertisers have come to the table and they have agreed to transact with us on real dollars,” said Kelly Abcarian, evp, measurement and impact, advertising and partnerships, during a press event Tuesday afternoon. “As we continue to drive toward and multicurrency future, alongside our clients we will usher in better measurement that delivers unified, exact, second by second cross-platform currency across all NBCU properties.”

The council will also look ahead to 2022-2023, “when NBCU expects that its preferred alternative measurement partners for cross-platform ‘currency’ will have been certified,” per NBCU’s press release.

For years, marketers and television ad buyers have been seeking alternatives to Nielsen’s dominance over TV viewing data—particularly as more people watch television across multiple screens and in ways that are increasingly difficult for the company (and others) to monitor.

NBCUniversal is offering advertisers programmatic buying on Peacock and its other digital platforms — including NBCU’s own AX ad platform, which powers the company’s digital video service — as well as third-party DSPs like Beeswax and The Trade Desk.

NBCUniversal, which owns several sports leagues and has more live-sports content than any other streaming service.

Beginning in the fourth quarter of this year, advertisers could purchase Peacock programmatically and include future broadcasts of World Cup soccer matches as well as Olympic events.

NBCUniversal’s first-party identity platform for consumers, NBCUnified—which identifies people and households across the media giant’s portfolio of brands including NBC, Telemundo and USA Network (among others)—claims that it has now surpassed 200 million person-level IDs as well 100 million household level identities.

NBCUniversal offers advertisers a way to reach audiences based on more than 1,200 attributes associated with cable TV channels and shows.

Paramount is collaborating with VideoAmp and Dentsu on data trials this quarter, and it’s also exploring alternative currencies to Nielsen.

 In response, Comscore has created its own unified measurement offering—Comscore Everywhere —to compete with Neilsen’s forthcoming Nielsen One. Its goal is to offer clients an alternative solution to the traditional approach of using separate metrics for online and offline businesses.

5 Ways To Engage Creative Consumers in the Metaverse

0

The creator economy is booming, with more and more people turning to creative pursuits to express themselves and make a living. Creative consumers are also the lifeblood of virtual worlds.

In the 1990s, Ultima Online was one of the first fantasy virtual worlds. Its most engaged players—those who had a stake in how well their characters were doing—were able to contribute meaningfully and remember details about things that happened years earlier.

People will eventually engage in the metaverse because they want to be creative and have fun—and it’s important for virtual world designers and marketers to understand this, as consumers can help make or break a given world.

Here are five new ideas on how to ensure you engage creative consumers to be involved with the Metaverse:

1. Give people opportunities to create and share their own content. User-generated content has become a key part of the modern media landscape of the metaverse. Not only does it give people a chance to have their voices heard, but it also helps to create a sense of community and connection.

In an age where we are increasingly bombarded with professional, polished content, there is something refreshing and intimate about grassroots content that is created by everyday people. At its best, user-generated content can be a powerful tool for promoting positive social change.

When people feel that they have a stake in the dialogue, they are more likely to be engaged and invested in the outcome. As gatekeepers of the internet, it is our responsibility to give people opportunities to create and share their own content. By doing so, we can help create a more diverse and inclusive online community

2. Let them customize their experiences to match their interests and values. In a metaverse, people can create their own experiences to match their interests and values. For example, someone who loves nature can create a virtual world that looks and feels like a real forest.

They can add trees, animals, and waterfalls, and make the environment as realistic or fantastical as they want. Similarly, someone who is interested in history can create a virtual museum, complete with exhibits and educational materials.

The possibilities are endless, and the ability to customize one’s experience ensures that everyone can find something to love in the metaverse.

 Metaverses provide opportunities for people to come together and connect over shared interests. They also allow people to explore new things in a safe and secure environment. As more and more people flock to the metaverse, it is important to remember that it is still a new frontier.

There are many unknowns, but that makes the metaverse exciting—there is no limit to what can be created there.

3. Help them connect with others who share their passions

In a world where we are increasingly disconnected from the people around us, it’s more important than ever to find ways to connect with others who share our passions. And what better place to do that than in the metaverse?

The metaverse is a space for people to interact and connect with other humans, as well as virtual characters. Whether they’re beating up baddies in a multiplayer game or hanging out with other avatars, there are many ways to connect with others.

  The metaverse is a place where people can find a sense of belonging and community, and help them feel more fulfilled in their lives.

It’s a place where anything is possible—and where you can be whoever you want to be. So if you’re looking for a community that shares your passions, the metaverse is perfect.

4. Support collaboration and community-building for everyone: The metaverse is a powerful tool for bringing people together. It allows us to explore new worlds, meet new people, and discover new things about ourselves.

However, the metaverse can also be a lonely place. For minority groups, it can be even more difficult to find a sense of community and belonging. That’s why it’s important to support collaboration and community-building in the metaverse.

By creating spaces where people can share their experiences and build relationships, we can make the metaverse a more inclusive place for all. In turn, this will help to create a more vibrant and diverse community that can offer valuable insights and perspectives on the world around us. So let’s work together to build a better metaverse for everyone.

5. Encourage risk-taking and innovation: A vibrant and thriving metaverse requires users who are willing to take risks and innovate. That’s why it’s important to encourage risk-taking and innovation from users of the metaverse.

When users feel comfortable taking risks, they are more likely to explore new ideas and approaches. And when they feel comfortable innovating, their creativity can enrich the lives of others.

Encouraging risk-taking and innovation from users of the metaverse is essential for maintaining a healthy and vibrant metaverse. Don’t stifle that desire to innovate in your customers, engaging them as part of the creative process right at launch.

 The success of virtual worlds and the experiences they offer hinge on the creativity of their users. Whether you are a creator or consumer, it is important to understand what makes virtual worlds thrive. 

Vanita Pandey Appointed Chief Marketing Officer of CAF

0

CAF, (formerly Combate à Fraude) a digital ID validation market leader, announced today the appointment of Vanita Pandey as its Chief Marketing Officer (CMO), reporting to the CEO, Darryl Green. Pandey brings a proven track record of defining and leading global marketing strategies for companies in the fraud, identity and security space.

In her role as CMO at CAF, Pandey will be responsible for overseeing all aspects of the company’s marketing strategy including brand development and communication, product marketing, communications planning, customer acquisition and retention strategies. She will also lead the company’s go-to-market efforts, including sales enablement programs to drive revenue growth globally.

“As we embark on our new phase of global expansion, her market knowledge, energy, ability to lead global strategies and anticipate market trends is providential at this moment in our company’s expansion. Her arrival will yield immeasurable rewards for CAF.”

Before he joined CAF, Pandey’s work as CMO at Arkose Labs helped raise its profile and led Inc. 5000 to list it among the fastest-growing companies in America.

Pandey will lead the global marketing organization, help drive demand in key markets and elevate CAF’s brand image among consumers.

Pandey has worked in the fraud and identity-theft fields for more than 20 years. In addition to her work at Arkose Labs, where she established them as a leading account security provider, Talia also developed and managed the company’s marketing campaigns. She has also held leadership roles at Similty (acquired by PayPal), ThreatMetrix (acquired by LexisNexis), Visa and Capital One.

“CAF is at a pivotal moment in its trajectory”, says Vanita Pandey. “From my first meeting with Darryl (CEO of CAF), I was immediately impressed by their tech, commitment to customers and global drive.”

Founded in 2019 by the entrepreneur Leonardo Rebitte, CAF has grown rapidly and is trusted by leading global businesses.

“CAF’s platform is trusted by banks, fintechs, e-commerce merchants, insurance companies, mobility and delivery apps, marketplaces, among others. This anti-fraud technology developed in Brazil is one of the most advanced on the planet and we want to take it global,” said CAF CEO and fintech and anti-fraud industry veteran, Darryl Green

We Must Embrace Attention as the Standard

0

The world has changed a lot since the dawn of digital advertising.

When we started using digital measurement, it was all about clicks and impressions.

We were just trying to learn as much as possible about who was clicking and how many times they were coming back.

Behavioral targeting gave us real insights into consumers—but now it’s not effective anymore and won’t stand the test of time when it comes to emerging environments or future privacy regulations.

It’s time to turn our attention back toward what really matters: human beings. Digital technology is already smart enough to understand the nuances of a given situation or environment—we don’t need low-fidelity signals like impressions and clicks anymore. It can gather information from words, images, and sounds to provide a fuller picture of customer preferences—and then create ads that resonate with those preferences.

Working together, these two things will redefine digital advertising—wherever it appears. People will find the ads both useful and delightful (without worrying about crossing a line and compromising their privacy).

For now, the digital measurement market is chaotic and confusing. And many people say that we need to standardize how these measurements are made.

There are a lot of metrics out there, but when it comes to media planning and activation departments, attention metrics is one subset that’s starting to get some serious play.

One can seriously say that attention is the most important part of advertising, and nothing can make or break your campaigns quite like it.

Digital display ads might sit completely unnoticed at the side of the screen, a radio ad might play while the listener is out of the room, and a TV ad might roll while the viewer is busy on their phone.

Media buyers know that attention-grabbing ads cost more money, but they also realize that it’s impossible to guarantee people will notice your product.

But advertising that fails to capture consumers’ attention doesn’t work—and getting metrics on which advertisements are most effective is one way for brands to reward ad networks and formats that achieve the right balance of creativity, relevancy and impact

“It’s not enough to be viewable,” said Jen Faraci, chief data officer for Digitas North America. “We need to know that people are paying attention to it. So how do we define what attention actually means? How do we create standards around it?”

The attention metric space is focused on trying to understand how much actual attention is paid to ad messages, beyond just looking at viewability as a sufficient gauge of interest or value.

Using passive eye-tracking technology, they aim to get to a holistic view expressed in a single metric—whether that’s behavioral- or outcome-based.

Also, facial coding is the process of using computer software to recognize facial expressions via a webcam. This technique can provide valuable insights into how users feel about content they’re viewing.

Attention metrics can help you evaluate the impact of each impression individually, or taken together they can give a high-level view of their overall effectiveness.

Although viewability remains an important quality metric for digital advertising—representing the percentage of a webpage visible to users with ads loaded on it—it is only one measure among many since other factors, such as ad load and page design, have been shown to influence whether or not someone actually sees your display ad.

And let’s be honest here: in theory, we shouldn’t be accepting anything less than 100% viewability for ads. There’s no excuse for legitimate publishers to “hide” their ads in places just to generate cheap impressions, which often is the cause of low viewability.

Attention is the new currency of the digital age, and frankly, that’s the way it should be. That’s the conclusion of a recent study by Teads and dentsu, which looked at the impact of attention on branding KPIs.

The study found that attention is nearly three times better at predicting outcomes than viewability, and showed that although the effectiveness of ads can be measured by viewability alone, this method fails to capture their true potential.

And, interestingly, some drivers of viewability, such as format size and position on the page, can have a negative impact on attention level.

Also, the advertising industry is in a period of reflection, experimentation, and unavoidable change.

With cookies being depreciated, audiences are no longer addressable and campaign measurement is an area of particular focus. This is a time where we can take this seriously — and start creating new metrics that actually work and tell the story of the advertising solutions.

The question is, where do you start when measuring consumer attention?

Here are four steps that will take your ad-measurement strategy to the next level by going beyond verification and measuring attention signals.

1) Measure against benchmarks

Use benchmarks from your industry and the region to determine how successful your campaigns are, and then measure success over time by establishing new metrics. This will help you gain a better understanding of your ad campaigns’ effectiveness over time, allowing for more sophisticated analysis than if you relied on metrics alone.

2) Use multiple metrics

Measure the impact of your ad campaign on brand awareness, consideration, intent and conversion. In reality, a combination of metrics is required to truly measure consumer attention, as this provides a holistic view of performance.

3) Use data to inform future decisions

Don’t rely on assumptions about what works best for your audience; use data to inform future decisions about where to allocate budget, who to target and what content format should be used in each case.

4 Understand the core metrics. The metrics you choose should all relate to your goals. Find the handful of key attention metrics that matter most, then use them as a building block to measure more advanced engagement strategies.

a) Active-Page Dwell Time: This metric tracks the average time spent with content in the foreground tab of a web browser—the most reputable way to measure how long someone stays engaged. It’s used across desktop display, mobile and branded content.

b) In-View Time: This is a baseline attention metric that measures the average amount of time people spend with an ad once 50 percent of pixels are in view for at least one continuous second. It’s predominantly used on mobile display, but also has applications in desktop advertising.

c) % Viewed: We need to measure how many people have seen your ad, including different signals such as sight, sound and motion. This metric is one of the strongest indicators of how well users pay attention to video ads. It measures the percentage of time that a person spent watching an ad, as long as it was on their screen and within view.

Attention is a precious commodity in the age of digital media. Marketers are looking for ways to capture user attention, and it’s becoming increasingly important for brands to reach their audience in lean-back environments such as connected TV.

We must define these metrics clearly, consistently, and accurately. If we don’t define it consistently, then we end up with a whole bunch of metrics that we can’t actually compare and don’t tell us what we asked it to tell us. This means that it’s impossible for us to create a consistent measurement. It means that trends are impossible. It means that we don’t have any way of importing the results into our modeling to understand the long-term impact of attention.

If a brand wants to engage consumers, it must pay attention to where those consumers are paying attention. After all, consumer attention is the most valuable asset a company can have. That’s why branding and awareness campaigns need planning in order for them reach their full potential

And this isn’t going to change until we make these changes to improve the industry immediately.

TripAdvisor Hires John Boris as CMO

0
John Boris

After a four year hiatus, with no CMO, TripAdvisor has taken the plunge and hired an industry leader in John Boris.

John Boris, who will directly report to CEO Matt Goldberg, has served in several C-suite and executive leadership roles during his career. As the Chief Marketing Officer of Shutterfly, he helped grow and transform the company into the industry leader. As Senior Vice President of Marketing at Zagat, John successfully led the company’s digital transformation (web, mobile and subscription), enabling it to become the omni-channel leader in restaurant reviews and ratings..

Much of Tripadvisor’s revenue comes from selling search and branded-content advertising aimed at consumers visiting its websites and apps as they research and book travel arrangements online. The company also provides marketing and ad sales services to other brands, both within and outside the travel industry, on the namesake Tripadvisor platform, its sibling properties and those of other publishers.

The new hire is part of an effort by Tripadvisor Chief Executive Matt Goldberg to help the company grow as it emerges from the pandemic. “There’s so much more we can be doing with the brand, with performance marketing and with our global footprint,” Mr. Boris said, referring to Mr. Goldberg’s plans to grow the company through marketing.

John Boris is an entrepreneurial and visionary executive (CEO, President and Chief Marketing Officer) with a track record of successfully building profitable consumer and enterprise businesses, driving leading brands and creating strong corporate and team cultures. Most recently he served as CEO and Board Member of IfOnly (www.ifonly.com), a leading direct-to-consumer and and B2B technical platform and marketplace for incredible events and experiences which was acquired by Mastercard in late 2019. Follow him on Linkedin

Data, Dance, and Daring Campaigns: Erin Levzow’s Approach to Building Loyalty

0
How Mango Habanero, Metrics, and Masterful Moves Redefined Marketing Genius Every so often, a guest comes along who doesn’t just raise the bar—they throw it into orbit. Erin Levzow is one of those guests. From the moment she joined The ADOTAT Show, it was clear we were in the presence of brilliance. Erin is a marketing powerhouse, blending emotional intelligence with razor-sharp strategy, all wrapped in a package of humor, humility, and dazzling storytelling. She’s the...

Streaming’s Big Lie: The Future of TV Is Already Broke

0
Streaming was supposed to be the savior of TV—the rebellious new kid with no commercials, endless content, and an open bar of binge-worthy dopamine hits. But, as Doug Shapiro’s sharp, no-BS research reveals, the revolution is out of cash and looking for a loan. Streaming doesn’t just monetize less—it barely monetizes at all. For every streaming dollar generated, old-school pay TV is making it rain with three dollars in subscriber fees and seven dollars...

How to Narrow the Scope of Information Sought by an FTC Civil Investigative Demand (CID)

0
A civil investigative demand (“CID”) is the instrument by which the Federal Trade Commission exercises its compulsory process authority in connection with investigations.  CIDs may require the production of documents - including electronically stored information – or tangible things, the provision of testimony, and the providing of written responses to questions. A CID must state the nature of the conduct constituting the alleged violation which is under investigation and the provision of law applicable to...

Did Your Company Receive a Letter From the FTC?  FTC Warning Letters and Notices of Penalty Offense

0
Recipients of FTC warning letters and notices of penalty offense should be on high alert and act quickly. Their advertising and marketing practices could be in violation of applicable legal regulations. What is an FTC Warning Letter? Federal Trade Commission “warning letters” are intended to warn companies that their conduct is likely unlawful and that they can face serious legal consequences, such as a federal investigation or lawsuit, if they do not immediately stop. ...

The Good, the Bad, and the SPO-ly

0
The Hidden Flaws Behind Ad Tech’s Favorite Buzzword. Supply Path Optimization (SPO) is my love-hate relationship in ad tech personified. It’s the reason I fell for this industry’s maddening brilliance—and why it sometimes feels like a bad rom-com where no one learns their lesson. At its core, SPO promises efficiency, transparency, and accountability, and when it works, it’s like watching a Rube Goldberg machine perform flawlessly. But when it doesn’t—and let’s be honest, that’s most...