👐 Network with industry leaders at Nest Commerce's upcoming event!
Performance marketing has undergone a shift from paid search to paid social. In the face of tough change, speaking with performance marketing experts is invaluable. Our friends at Nest Commerce are hosting a breakfast event on Tuesday 10th September surrounding all things 'Breaking the Google Cycle' - register to attend here.
👻 Snapchat simplifies its ad campaign set up process
Snapchat has reduced the number of available campaign objectives from 11 to 5. Advertisers can choose from Awareness & Engagement; Traffic; Leads; App Promotion and Sales. This streamlining aims to make it easier (particularly for SMBs) to set up campaigns by aligning the process with their top-level goals.
❌ X is losing advertisers - as they pile into TikTok instead
According to Kantar, 77% of marketers plan to increase their ad spend on TikTok in 2024, while only 14% plan to reduce their budgets on X. This shift follows X's strained relationship with marketers, marked by Musk's "war" against those boycotting the platform.
🎵 TikTok now lets users purchase Amazon products directly through the app
Through ads on the "For You" feed, users can link their TikTok and Amazon accounts with a quick setup, enabling them to view real-time pricing, Prime eligibility, and complete purchases without leaving TikTok. HUGE for streamlining the in-app customer experience.
😮 90% of subscription retailers prioritize retention
This is one of the stats revealed by the RetailX 2024 Subscription Report. Other findings: 96% of subscription leaders consider cancellations avoidable; consumer fear of commitment is the largest obstacle to overcome.