Daily Minute Master Series – January 31, 2020.
Social Media
Instagram’s Testing Emoji Reactions for Direct Messages
As with Twitter’s recently launched DM reactions tools, given the availability of similar response functionality on other messaging platforms, it makes sense for Instagram to move in-step, tapping into habitual messaging behavior in order to facilitate more engagement. Instagram, it’s worth noting, also already has a ‘quick reactions’ emoji response process for Stories.
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Snapchat Outlines Sports Marketing Opportunities with March Madness Push
With the 2020 March Madness tournament approaching, Snapchat has this week published a new set of stats on the related sports discussion on its platform as it looks to promote its capacity to help marketers connect with audiences during the event. And certainly, some of those stats are impressive – first off, Snap says that its platform is able to provide “incremental audience reach to TV campaigns in the US”.
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Marketing
The Digital Marketing Transformation Led By Google and Amazon
In 2020 advertisers should take a cue from Google and Amazon, ditching old notions about what each platform is and expanding beyond their comfort zones. As with any new advertising program, concrete testing parameters, including separate budgets and potentially different performance goals, are an important foundation for gauging success. For some of Google’s upper-funnel formats, advertisers should consider shifting away from return-focused goals typical of Google search programs to instead look at customer engagement. Amazon holdouts should dive deeply into Stores, Enhanced Brand Content, and Posts to fully understand what level of brand-building is possible before continuing to rule Amazon out. Those already on Amazon should take a fresh look at their advertising campaigns to see if there’s opportunity with new-to-brand metrics to invest more heavily in areas that may be less efficient but capture a high percentage of new customers.
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Here’s How Much Brands Are Paying for Sponsored Content on TikTok and YouTube
An influencer marketing agency reveals how much brands are currently paying for sponsored content on TikTok and YouTube. TalentX Entertainment, an agency managing 32 influencers across Instagram, YouTube, Snapchat, and TikTok, tells Business Insider it charges brands $0.01 to $0.02 for each sponsored-video view on TikTok. On YouTube, brands are charged several times more at $0.03 to $0.08 per view. Brands are reportedly charged less for sponsored posts on TikTok because content is easier to scale on the app.TikTok is said to be a key focus area for influencer marketers looking for new opportunities to earn revenue. Since the app is still relatively new, influencers and brands haven’t yet found a standard price structure for sponsored content.
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