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- The Untapped Ad Channel with 850M Daily Users? đČ đ€Ż
The Untapped Ad Channel with 850M Daily Users? đČ đ€Ż
Iâm Kylie, Adspaceâs resident Content Manager and your professional news-digestor. My job? To wade through the marketing mayhem and deliver the juiciest, most entertaining tidbits directly to your inbox. If youâre tired of bland updates and desperate for a splash of sass, youâre in the right place. This week, weâve got a cocktail of PPC secrets, Snapchatâs nostalgic revival, and Googleâs courtroom drama. đ
In todayâs email:
đČ The Secret Sauce: Fix Your PPC Hot Mess
đ Platform Benchmarks: Whatâs going on with Google, Meta, and TikTok?
đ§âđš Creative Insights: Snapchatâs Comeback Tour
đ° Industry News: Googleâs Antitrust Drama
đ Brand Highlights: Titoâs, Straight Up
đ€ Tech Talk: Goodbye, Google Error Codes
THE SECRET SAUCE đČ
Fix Your PPC Hot Mess: 9 Strategies to Get Your Ads in Shape
Alright, marketers, gather around because it's time to tackle the PPC world head-on. No more crying over bloated budgets and lackluster results. Weâre diving into the nitty-gritty of PPC optimization, and youâre going to want to pay attention. Thanks to Andrea Atzori at Search Engine Journal, we have 9 essential strategies to whip your campaign into shape. Letâs dive in.
Location Targeting đșïž
Ever wonder why your ads are killing it in one city but bombing in another? Itâs all about performance by location, baby. By slicing and dicing your data by geography, you can fine-tune your spending and target high-value customers like a pro.Device Breakdown đ»đ±
Mobile might hog all the traffic, but when it comes to conversions, desktop often steals the show. Dive into device-specific data to uncover where your audience is really engaging, and tailor your messaging accordingly.Network Nuances: Search vs. Display đ
Search Network = high-intent traffic. Display Network = brand awareness (and maybe a few accidental clicks). While Search drives those ready-to-buy users, Displayâs all about getting your brand out there. But donât treat them the sameâsplit those campaigns and tailor your strategy for each.Know Thy Customer đ§âđ€âđ§
Your ads targeting existing customers? Ditch the double-dip with audience suppression lists. Third-party cookies are on the way out, so get chummy with first-party data and fine-tune your audience segmentation. Make sure your ads are landing where they actually matter.Negative Keywords đ«
Keep those unwanted search queries at bay by regularly updating your negative keyword lists. Itâs like a bouncer for your PPC party, keeping out the riff-raff and letting the VIPs (a.k.a. relevant traffic) in.Maximize Your Real Estate đą
Why leave any ad space on the table? Features like ad extensions not only boost your Quality Score but also make your ads take up more screen real estate. The more you show, the less room there is for competitors.Conversion Tracking đ
If youâre not tracking conversions properly, youâre flying blind. Make sure youâre measuring the right goals and using segmentation to get a clear view of whatâs working. And donât forget offline conversions!Embrace the Bots đ€
If youâre not leveraging automation, youâre leaving money on the table. These tools can sift through mountains of data faster than you can say âmanual analysis.â Let the bots do the dirty work, and you can focus on strategy.First-Party Data đ
With privacy regulations tightening, third-party data is going the way of the dinosaurs. Your first-party data is your new best friend. Nurture it, protect it, and use it to keep your campaigns sharp and compliant.
These nine tips will help you turn your PPC campaigns into conversion machines. Now, get out there and make it happen!
PLATFORM BENCHMARKS đ
Letâs Take a LookâŠ
This weekâs edition delves into the latest industry data from August 7-14 compared to the previous week. Letâs start by checking out whatâs brewing over at Meta. CPAâs up by 1.18%, and CPMâs nudged up by 1.31%, which might have you wondering if Meta's getting a bit pricey. But donât worryâCPC dipped slightly by 0.49%, so youâre still snagging clicks without breaking the bank. However, ROAS took a tiny hit, dropping by 0.45%. Itâs a mixed bag, but keep your eyes peeled. Meta might be testing the waters with their pricing, so stay sharp and keep tweaking those campaigns.
Googleâs metrics this week are sounding the alarm. CPA jumped by a hefty 10.79%, which means you're shelling out more to snag those conversions. While CPC dropped by 1.64%, offering a slight reprieve, itâs not enough to offset the hit on your wallet. ROAS took a significant dive, down 8.94%, signaling that your ad spend isnât pulling its weight. Add a 0.84% increase in CPM, and it looks like Googleâs tightening the screws.
And last but certainly not least: TikTok. With CPA spiking by 8.93%, conversions are starting to cost a bit more. But donât breathe easy just yet. CPC may have dropped by 5.73%, but ROAS is also down by 1.84%, hinting that those cheaper clicks arenât packing the punch they used to. Itâs clear that TikTokâs ad space is getting slightly more expensive. The platform's evolving fast. So it may be time to fine-tune those TikTok campaigns to keep up with the changes. đ
CREATIVE INSIGHTS đ§âđš
Snapchatâs Comeback Tour: 850 Million Reasons to Reconsider Your Ad Strategy
As a teenager in the early 2010âs, Snapchat had a firm grip on everyone I knew. Losing a 50-day Snap streak was like a little death. Nowadays, my iPhone occasionally takes me back to those days with heavily filtered selfiesâfeaturing cartoonishly large eyes or that unsettling filter that turned me into a male version of myself. Classic 2013 stuff.
Snapchat launched in 2011, and now, 13 years later, its relevance is being questioned by marketers. I assumed the app had faded into obscurity, but I was wrong. To my surprise, there are nowl 850 million active users on the platform đ. Thatâs a substantial amount of spending power just waiting to be tapped. Luckily, Adspace actually specializes in advertising on platforms like Snapchat, so if you need help advertising on Snapchat feel free to book a call here (shameless plug activated!).
In light of this, Snapchatâs Ads Manager just got a major overhaul. The platform has streamlined its ad creation process by reducing the number of objectives from eleven to five, making it easier for you to nail down your campaign goals. Hereâs the new game plan:
Awareness and Engagement: Merges âAwareness,â âEngagement,â âVideo Views,â and âPromote Placesâ into a single objective.
Traffic: Combines âDrive Traffic to Websiteâ and âDrive Traffic to Appâ for straightforward targeting.
Leads: Focuses on âLead Generationâ to capture potential customers.
App Promotion: Covers both âApp Installsâ and âApp Conversionsâ for app-centric campaigns.
Sales: Integrates âCatalog Salesâ and âWebsite Conversionsâ to boost your e-commerce efforts.
The new layout simplifies the ad creation process by aligning setup with your primary campaign goals. Snapchat has also added useful overviews and top ad types for each objective, so youâre not left guessing.
This move aims to attract more SMBs (small and medium sized businesses), and it appears to be working. Snapchat reported an 85% increase in SMB advertisers in Q1 â24, thanks in part to these enhancements. The new objectives will be rolled out over the coming months, with existing campaigns transitioning smoothly to the updated system.
So, if you havenât explored Snapchatâs advertising potential recently, nowâs the perfect time to dive in and leverage this revitalized platform! đđ±
For more information check out Social Media Todayâs article.
INDUSTRY NEWS đ°
Antitrust Drama: Is Googleâs Grip on Tech Slipping?
Thereâs some juicy industry drama this week. Google's reign as the digital overlord might be facing a bit of turbulence. A federal judge has just ruled that Google is, indeed, a monopoly. So whatâs the big deal? Letâs get into the major points.
The Monopoly Label: Googleâs here to stay as the tech titan, but this ruling could chip away at its unrivaled dominance.
A Distraction: Antitrust battles are a huge drain on resources. For Google, this means more time in court and fewer hours innovating. Imagine your product developers competing with a squad of lawyers and bureaucrats.
DĂ©jĂ Vu: Remember the Microsoft antitrust drama from 1998? Me neither, I was a toddler, but it was a big deal. It temporarily derailed Microsoftâs tech dominance. Now, Google is in a similar spot, with AI and rivals like OpenAI eyeing the spotlight.
The AI Factor: Googleâs data hoard is a major power play. The Judgeâs ruling could limit Googleâs control over search and data, potentially forcing the company to share its coveted insights with competitors.
Whatâs Next?: Googleâs appealing the decision, and these antitrust cases are notoriously messy and often reversed. Plus, a second trial on Googleâs ad-tech empire is coming this fall.
So, what does this mean for marketers and advertisers? I know thatâs why youâre here. If Googleâs appeal doesnât go in their favor, the ad world may be affected in the following ways:
Ad Costs and Competition: New regulations could loosen Googleâs grip, potentially leading to better rates and more competition.
Data Dynamics: If Googleâs data practices are restricted, it might level the playing field, giving rise to new tools and platforms. More options for targeting and analytics could be on the horizon.
Changes in Ad Strategy: If Googleâs ad products are impacted, diversifying your ad spend and exploring new channels could become necessary.
Legal and Compliance Hurdles: Watch for new regulations and compliance requirements. Shifts in Googleâs policies could affect how you manage campaigns, so staying updated is key.
Thatâs a hefty dose of news to digest. But this ruling might just pry open Googleâs bag of tricks. Whether thatâs a win or a mess remains to be seen. đ¶âđ«ïž
Check out the article on Axios for more information.
BRAND HIGHLIGHTS đ
Titoâs, Straight Up
In this edition of Brand Highlights, weâre diving into a series from Adspaceâs CEO, Dan Ben-Nun. His Austin Founders Series dishes out the real stories behind some of Austin, Texasâs biggest names. This week, Ascend by Adspace is spotlighting Bert âTitoâ Beveridgeâyes, thatâs his real nameâthe mastermind behind Titoâs Vodka.
Titoâs Vodka might seem like it came out of nowhere, but the story behind this Austin staple is all about grassroots hustle. Bert âTitoâ Beveridge, originally a geologist, stumbled into the vodka business in the mid-90s. With no prior experience and little to go on, Tito spent years perfecting his distillation technique, eventually launching Titoâs Handmade Vodka in 1997. What started as a small operation in Austin quickly grew.
The real turning point came in the early 2000s, when Titoâs Vodka started making waves in Austinâs vibrant cultural scene. Titoâs embedded itself into the local fabric, sponsoring every music festival and food event they could find.
By 2001, Titoâs had become synonymous with Austin, thanks to its strong connection to the cityâs âKeep Austin Weirdâ ethos. The burnt orange label, a nod to the University of Texas, and the brandâs hands-on approach to marketing helped Titoâs cement its status as a local favorite.
As Titoâs expanded beyond Austin in the mid-2000s, they stuck to what made them different: authenticity and quality. Their hand-crafted production methods and a clever digital marketing strategy resonated with a broader audience. By the time the brand hit its stride in 2013, Titoâs was a national sensation, but they never forgot their roots. They continued to embrace philanthropy, launching initiatives like the Titoâs Foundation and contributing to local causes like Austinâs Habitat for Humanity.
In the end, Titoâs Vodka is a masterclass in how a brand can grow from a small, local operation to global success without losing its authenticity. Titoâs story is proof that with the right mix of quality, community engagement, and savvy marketing, even the smallest brands can make it big.
If you want to dive deeper into into the marketing strategies that fueled their success, donât miss the full article on Danâs blog. ââCheck it out to get the inside scoop on how Titoâs did it, and maybe pick up a few tips to elevate your own brand along the way.
TECH TALK đ€
Goodbye, Google Error Codes
Alright, Google Ads API users, itâs time to rejoice. Starting September 9, 2024, youâll no longer need to endure the excruciating 24-hour wait before uploading conversion adjustments. Thatâs right, the days of checking your watch and waiting for the conversion adjustment clock to tick are officially over.
Hereâs the lowdown:
Immediate Adjustments: You can now upload conversion adjustments right after the original conversion is recorded. No more endless waiting or torturous error codes slowing you down.
Error Codes Are Out: Those annoying error codes ConversionAdjustmentUploadError.TOO_RECENT_CONVERSION_ACTION and ConversionAdjustmentUploadError.TOO_RECENT_CONVERSION are being retired. They wonât be showing up in your responses or diagnostic reports anymore. Adjustments that would have been rejected due to these codes will now count towards pending adjustments until theyâre processed.
For the Old-School API Users: If youâre still clinging to API v15 or v16, donât fret. These changes apply to you, too. Any conversion that previously would have triggered the old error codes will now count as pending until processed. Once theyâre sorted, theyâll be recorded as successful or failed.
Whatâs Next?
Scrap the Delay Logic: Update your app to upload adjustments immediatelyâno more delay tactics.
Forget the Old Errors: Adjust your processes and ditch the logic for tracking those outdated error codes.
Metrics Update: Be aware that some events might briefly show as pending, but theyâll get sorted into successful or failed eventually.
Got questions or need support? Check out the Google Ads API support page. This update should make your life a bit less complicated and your conversion adjustments a lot less painful.
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