👻 Snapchat adds sponsored Snaps to expand ad opportunities
New ad options include "Sponsored Snaps," ads appearing in users' chat inboxes, and "Promoted Places," which highlights businesses on the Snap Map. These features aim to provide better metrics for marketers, but there’s concern that Sponsored Snaps might irritate users. The strategy focuses on SMBs with increased ad spend.
💲4 reports for 4 generations: consumer spending habits during peak
Bazaar Voice has published 4 reports covering the spending habits across 4 generations, from Gen Z to Boomer. 34% of Gen Z say they'll buy holiday gifts on social this year, while Gen X (26%) start their holiday shopping by visiting their favorite brand's website. Millennials are the most likely group to find products via live streams (25%), while Boomers (38%) are the most likely group to scroll until they find something they like.
🎧 Spotify reveals how audio ads can drive performance
Performance Marketing World’s new podcast episode features Spotify's Ed Couchman, who argues that audio ads are a powerful but underused channel. He highlights successful US case studies and Spotify Ads Manager's effectiveness. Marketers should consider audio advertising for its growing potential.
❌ X aims to attract marketing spend through holiday engagement insights
While X still drives 250 million daily users, advertiser investment in the platform is dropping. To combat this, X has published holiday insights. X claims that from November-January, the platform sees a surge in proactive, engaged shoppers, with users 32% more likely to try new products and 39% more likely to buy advertised items.
🤖 Social media platforms fuel AI ad rush with new creative tools
Social media giants like Reddit, TikTok, Meta, and Snap are launching AI-powered creative tools to simplify ad creation for small businesses, to make ad development faster and more accessible. The push reflects a broader trend to keep ad dollars within platforms.