Random Round Up: Social Media News and Updates, August 2024

It can feel like a full-time job to keep up with the ever-changing world that is social media, but don’t worry — we’ve got you covered with the latest and greatest social media updates from the past month. 

Whether it’s Instagram revamping its profile layouts, LinkedIn amplifying its video features, or a number of other updates, there’s plenty to explore. 

Let’s get into August’s roundup of social media news to ensure you’re always one step ahead.

1. Instagram Tests New Vertical Grid Profile Layouts

    Attention all Instagram perfectionists: your carefully curated squares might soon become…rectangles? Yes, Instagram is testing a new vertical grid display for profiles, swapping out the classic square thumbnail for longer, sleeker stills. This new layout seems to be designed to better align with video content, the app’s most engaging content format.

    Instagram Chief Adam Mosseri confirmed the changes in a recent Q&A, saying that this shift is aimed at modernizing profiles to better reflect today’s content format, mostly in vertical formats. 

    Post by @lindseygamble_
    View on Threads

    2. LinkedIn Rolls Out In-Feed Video Carousels 

      LinkedIn is stepping up its video game with the introduction of in-feed video carousels. These side-scrolling displays allow users to browse through tailored video clips without leaving the comfort of their feed. Tapping a video takes you to the platform’s full-screen video feed, similar to TikTok’s.

      This new feature seems part of LinkedIn’s broader push to integrate more video content in an effort to engage younger audiences and capitalize on the rising popularity of short-form video. Just last month, LinkedIn highlighted that video uploads have surged by 34% year-over-year, contributing to the 1.5 million pieces of content being uploaded every minute. Whether this will reshape how professionals interact with the platform remains to be seen, as this type of video content seems conducive to what users are usually seeking on the app.

      3. Instagram Adds Music Feature Updates to User Profiles

        Instagram is bringing back a touch of nostalgia with its latest feature that lets you add a song to your profile. For OG social media users who remember the days of MySpace and its autoplay tracks, Instagram’s take is a bit more subdued. Now, users can add a track to their profile that visitors can choose to listen to.

        This feature has been in testing for a while. It seems to be part of the app’s broader strategy to incorporate more music features, possibly positioning itself as a key player in music promotion, especially if TikTok’s future in the U.S. becomes uncertain. 

        4. Threads Launches Custom Feeds and Media Tab

          Threads is continuing to evolve with some updates that might seem familiar. The latest updates include a new “Media” tab on profiles, making it easier to view all of a user’s image and video posts in one place.

          In addition, Threads has introduced custom feeds, allowing you to create lists based on specific keywords or profiles. 

          Image Source: Ahmed Ghanem on Threads

          These updates are part of Threads’ broader effort to refine the user experience and offer more personalized content streams. While Mosseri isn’t convinced these features will significantly boost engagement, they do align the app more closely with its competitors. 

          5. X Leverages an Updated Grok 2 for Premium Membership Growth 

            X is rolling out Grok 2, the latest version of its AI chatbot. This is likely another effort to drive more Premium sign-ups amid declining ad revenue and increasing costs. The update comes with new features like image generation and other functional improvements. As seen below, the AI chatbot is being prominently highlighted in the app to attract users to upgrade.

            With user numbers shrinking and ad revenue down by 70%, X is looking to its AI initiatives. Grok 2 seems to be a key element in X’s strategy to shift its revenue model toward subscriptions. While the platform faces significant financial challenges, the launch of Grok 2 represents a critical move to stabilize its business.

            Need expert guidance on the latest social media trends? You’re in the right place. Get in touch with us today!

            Random Round Up: Social Media News and Updates, July 2024

            Navigating the fast-paced world of social media can be overwhelming, with new features and updates emerging almost daily. No need to worry though, because we’ve compiled the latest and greatest social media updates from July to ensure you’re always in the know. From TikTok’s AI chatbot to YouTube’s new social engagement features, let’s dive into the latest social media news from the past month.

            1. TikTok’s AI Chatbot: Genie

              In the latest move in the AI race, Tiktok is preparing to launch its own AI chatbot, “Genie” to Western users. As per Semafor, the software will “simulate conversations, facilitate interaction and communications between humans and AI, and produce human-like speech and text.” 

              TikTok’s actually been working on this for a while, with its “Tako” chatbot tool available to users in the Philippines since last year. Unlike Tako though, which helps users find other videos, Genie aims to be a more comprehensive tool, integrating various AI functionalities into one stream. 

              Image Source: TikTok screenshot from Watchful.ai

              Expect Genie to include features like the generative AI search function from Douyin, the app’s Chinese counterpart, which enhances discovery inside and outside the app. There’s also talk of integrating “StreamVoice,” which can mimic a person’s voice from a few samples, along with AI music generation and text-to-video creation tools. 

              While Meta has already rolled out its AI chatbot across all its apps, TikTok’s Genie seems poised to focus more on helping users navigate and utilize its expanding suite of AI tools. 

              2. YouTube Testing Community Spaces to Drive Engagement 

                Youtube is testing Community Spaces, a feature that lets fans interact via text posts in a dedicated area — an extension of the platform’s Community Posts. The move aims to build a stronger community within the app and is reflective of YouTube’s changing approach to integrate more social media-like elements. 

                Image Source: Lindsey Gamble

                Though currently available on select creator profiles, YouTube is testing the feature with plans for a broader rollout soon. 

                3. X Exploring a Free Trial for Premium Users

                  X is testing a free trial for its X Premium subscription. Initially spotted by X Updates Radar, this trial could let users test X Premium features, including the Grok AI chatbot, before committing to a subscription.

                  There are concerns about this undermining the subscription’s original goal of combating bots, as spammers could exploit the free trial. However, with less than 1% of users subscribing, it’s a strategic move — X Premium seems more focused on revenue and promoting its AI bot. Overall, a free trial might gauge interest, but it’s unclear if it will significantly boost sign-ups.

                  4. Official Updates to Instagram Notes

                    Instagram is making Notes more dynamic by allowing users to leave notes directly on Reels or feed posts. Previously, Notes appeared at the top of the inbox or above the profile photo. Now, users can share notes on posts from friends or brands, reacting in real-time and seeing others’ reactions while scrolling.

                    Image Source: Instagram

                    These Notes will be visible for up to three days and can be deleted at any time. With competition from TikTok and Snapchat, this update reflects Instagram’s active efforts to increase engagement within the app.

                    5. New Creative Features for YouTube Shorts

                      YouTube is rolling out new features for Shorts to help customize and increase your Shorts usage. This includes auto layout to convert longer videos into Shorts clips by tracking the main subject. Available for Android, this feature optimizes content for the Shorts format.

                      Image Source: YouTube Official Blog

                      YouTube is also taking cues from TikTok by adding a text-to-speech option for automated narration on clips and auto-generated captions that can be customized with different fonts and colors. Additionally, creators can remix already remixed Shorts clips and use the platform’s new “Add Yours”  sticker to prompt creative responses. 

                      As Shorts continue to gain traction on YouTube, now driving over 70 billion daily views, these updates aim to embed the format further — another one of Youtube’s efforts for more community building and connections in the app.

                      Need expert guidance on the latest social media trends? You’re in the right place. Get in touch with us today!

                      10 Tips/Content Ideas for Food & Drink Brands to Succeed on Social Media

                      With countless foodies on social media, it’s easier than ever for food and drink brands to get discovered and build an audience. Want to get in on the action? Well you’re in luck, as we’re here to serve up some essential tips and strategies to help your brand and messaging stand out. Whether you’re a charming local cafe or a bustling restaurant, these social media tips will boost your brand’s visibility, build your audience, and, most importantly, make mouths water.

                      1. Take Your Followers Behind the Scenes

                      Ever wonder how your favorite dish was made? Your audience does too! Share behind-the-scenes glimpses of your kitchen, your team, and the creation process of your menu items. Followers find behind-the-scenes content interesting, and it adds a personal touch to your brand that makes the food even more yummy. It’s a win all around.

                      2. Leverage the Power of User-Generated Content

                      Your customers are your best ambassadors. Encourage them to share their experiences with your products using a branded hashtag. Repost their photos and videos to your feed to build a strong community and show some love. Remember to ask permission and tag them in the content if they say yes; that way they’ll share it on their account and get more eyes on yours.

                      3. Jump on the Short-Form Video Bandwagon

                      TikTok and Instagram Reels are where it’s at. Short-form videos are dominating social media and currently deliver the highest ROI among marketing trends. Instead of just snapping a picture, try capturing videos. From recipes to fun challenges with customers, they’re especially eye-catching and fun to watch.

                      4. Go Live with Cooking Demos

                      Live videos are a way to connect with your audience in real time. How? Host cooking demonstrations where you whip up recipes using your products. It’s interactive, engaging, and gives your brand a dynamic, personable touch. Instagram, Facebook, TikTok, and YouTube all have live features; do some research and meet your audience where they’re at to give them a cooking demo they’ll salivate over.

                      5. Team Up with Influencers and Food Bloggers

                      Influencers and food bloggers can significantly elevate your brand. Partnering with local bloggers is a great way to engage both your current audience and attract new ones. Invite influencers to try your products and showcase them to their followers. Collaborate with influencers who share your values and let them express their genuine love for your products. It’s all about reaching new people and building trust. 

                      6. Create Drool-Worthy Visuals

                      In the food and drink world, looks matter. Take the time to capture high-quality visuals that make your products irresistible. Use natural light and capture every delicious detail to make your audience’s mouth water.

                      7. Stay Engaged with Your Followers

                      Social media is a two-way street. Respond to comments, messages, and reviews quickly and earnestly. Show your audience that you’re listening and care about their feedback. Ask questions, create polls, and keep the conversation going. 

                      8. Showcase Customer Testimonials and Reviews

                      Nothing beats a good recommendation. Positive word-of-mouth can be the nudge potential customers need to give your products a try. Share glowing testimonials and reviews from your happy customers to build credibility.

                      9. Run Exclusive Promotions and Giveaways

                      Who doesn’t love a good deal? Offer exclusive promotions, discounts, or giveaways to your social media followers. It’s a great way to drive engagement and keep your audience excited about your brand.

                      Social media is always changing. Stay ahead of the curve and keep your content timely by tapping into seasonal themes and trends. From holiday specials to viral food trends, aligning your content with what’s current can boost your visibility and engagement. 

                      Looking for more delicious social media tips and insights? Random is here to help! Work with our social media experts to make your food brand the next local hot spot. Get in touch with us today.

                      Random Round Up: Social Media News and Updates, June 2024

                      With the ever-changing world that is social media, staying up-to-date can feel like a full-time job. With social platforms like TikTok, Meta, and YouTube constantly introducing new features, it’s easy to fall behind. But don’t worry, we’re here to keep you in the loop. Here’s a rundown of the biggest social media news from June.

                      1. Instagram Testing Unskippable Video Ads

                      Instagram is experimenting with a new ad format designed to capture users’ full attention. This involves unskippable video ads on the main feed that users must watch in their entirety before they can continue scrolling.

                      The new feature was spotted by Instagram app user, Dan Levy, who posted a screenshot of the “ad break” to his X account.

                      While these ads guarantee full attention, they may not be popular among users. Similar to YouTube’s unskippable ads, they could understandably lead to frustration and an increased use of ad blockers. But, Instagram likely sees this as an opportunity to integrate more ads, especially with the rise in AI-recommended content. Brands will, of course, love it. 

                      2. Meta Introduces AI-Powered Tools to Boost Customer Engagement in DMs

                      Meta is enhancing its Messenger platform with new AI-driven tools aimed at making brand/customer interactions smoother and more personal. This includes an AI Q&A feature to tackle the most common questions businesses receive on Messenger. This tool delivers custom, automated responses that feel like you’re chatting with a human, thanks to Meta’s Llama 3. 

                      Image source: Meta for Business

                      Meta is also rolling out a new messaging promotion option. Brands can now send paid promotional messages to users who’ve opted in, right through Ads Manager. This development offers more chances for ongoing engagement directly in the inbox. By tapping into the rising trend of private messaging, Meta is opening up fresh avenues for brands to connect with their audience in a more engaging and efficient way.

                      3. YouTube is Experimenting with Community Notes

                      YouTube just announced they’re testing a feature that lets users add their own notes to videos to provide “relevant, timely, and easy-to-understand context.” 

                      Image source: YouTube Official Blog

                      Sound familiar? It’s a lot like X’s Community Notes, giving viewers the power to attach their insights directly to YouTube clips.

                      Helpful notes, as rated by users, will appear publicly under videos. An algorithm will decide which notes make the cut based on their ratings. This move essentially brings the Community Notes concept to YouTube, letting viewers add context and verify video claims. 

                      4. Instagram Introduces Close Friends-Only Live Streams

                      Instagram’s doubling down on intimate group chats with the introduction of Close Friends on Instagram Live, a new feature that allows users to live stream with up to three other people, visible only to those on their Close Friends list. 

                      Image source: Instagram

                      Live video has become a must-have connection tool, especially for younger users. Think DM video chats, TikTok Live, or even the controversial Omegle platform. Instagram’s tapping into this, and this move aligns with the platform’s trend towards private sharing, as seen with the growing Notes feature.  

                      5. LinkedIn’s New AI Tools to Help Job Seekers

                      LinkedIn is upping its game with new AI-driven tools to help job seekers, likely thanks to its parent company Microsoft’s major AI investments. Premium subscribers can now access features like conversational job search, AI-based application feedback, and cover letter assistance. These tools aim to streamline your job hunt, offering helpful feedback and guidance. However, there’s a concern that some users might over-rely on these tools, potentially misrepresenting their skills and qualifications.

                      Image source: LinkedIn

                      LinkedIn is also introducing AI-powered career coaching for instant expert advice and adding up to 60 new LinkedIn Learning courses each week, including over 800 AI courses.

                      While these tools mean new opportunities, they also pose challenges for recruiters to discern genuine skills from automated ones. Nonetheless, LinkedIn is betting on AI to enhance your professional journey.

                      Need expert guidance on the latest social media trends? You’re in the right place. Get in touch with us today!

                      Lights, Camera, Action! How to Create Engaging Social Video Content for Keynote Speakers

                      You probably already know this, but videos are overtaking all other forms of content on social media platforms. Why? Video is dynamic, engaging, and delivers outstanding results. In fact, short-form video currently drives the highest ROI compared to other marketing trends.

                      There are lots of industries that should be capitalizing on this trend. But one in particular. the keynote speaking industry, has a unique opportunity to combine the popularity of video on social platforms with the core of what they do: speak in front of audiences. 

                      If you’re a keynote speaker, leveraging this powerful medium on social media can be a game-changer, boosting personal branding, engaging a wider audience, and significantly increasing visibility. Videos offer a glimpse into your personality that still images often can’t, making it the ultimate tool to connect with an audience.

                      So, how can keynote speakers create compelling social video content that resonates with their audience? Look no further — here’s your guide.

                      Define Your Strategy

                      The first step, before you create a single video, is to work on defining your strategy. Start by identifying your goals — whether it’s establishing thought leadership or motivating your viewers. Know your audience and tailor your content to their interests. Look at the metrics provided by the social media channels you produce content for, and allow that to inform audience personas that you can then tailor your video to. Choose the right social platforms based on where your target audience spends their time. Is your audience full of business professionals? Then you better be creating video content for LinkedIn. Is your messaging catered towards Gen Z? Make sure you’re on TikTok and Instagram.  Most importantly, don’t forget to go beyond just posting. Engage with your audience in the comments, on live sessions, or even create response videos.

                      If the thought of creating a strategy is overwhelming, don’t worry. Here at That Random Agency, we specialize in helping clients – including keynote speakers – identify the right strategy to help grow their business. Give us a shout if a custom social strategy is something you’re in need of.

                      Put Your Personality on Display

                      Guess what? Your audience comes to your social pages to learn more about YOU. Tailor your videos to showcase who you are, whether that involves documenting your personal experiences, sharing tips, or participating in trends. Don’t be afraid to stray from your usual posts, experiment with new types of videos, and personalize trends that relate to your message.

                      This Instagram Reel from Erica Dhawan is an amazing example of how to break away from one’s usual style, while still creating content that effectively represents her message. She took a popular trend and made it uniquely her own, even though it didn’t directly connect to her role as a motivational speaker. Instead, the post displayed a glimpse into Dhawan’s journey from a young person into the successful entrepreneur she is today. In less than 15 seconds, the audience was able to learn a little about Dhawan’s personality, see her family, and most importantly, her dedication to hard work. Who wouldn’t want to book her for their next event?

                      Define Your Message and Expertise

                      They say a picture speaks a thousand words; well, a video is worth a million. Utilize video as an opportunity to say what pictures can’t. This is your chance to share words of wisdom and establish what’s important to you. Think of it this way: video is the perfect channel to articulate your thoughts to an audience who might not have the chance to listen to you in person. Just as you would on stage, use video to share your knowledge and expertise. 

                      This is a great example from Mel Robbins. It’s personal and extremely representative of what she stands for. She uses video as a means to explore her thoughts on happiness in a way that a picture can’t capture entirely. 

                      Utilize Storytelling

                      As a keynote speaker, you’re an expert at storytelling on stage. Keep that same energy when you’re filming for social. What personal or industry-relevant stories can you tell to keep the audience’s attention and establish relatability? Share personal anecdotes or industry insights to make your content stand out. Just like any story, craft your videos with a clear and engaging narrative — whether through vivid language or images, be sure your storytelling keeps the audience’s attention and fosters connection.

                      Invest in a Sizzle Reel

                      One of the cornerstones of marketing yourself as a keynote speaker is to create a sizzle reel. Sizzle reels are typically short videos that highlight your skills as a keynote speaker in your natural habitat: on stage. You might be asking, “Ok, but what does a sizzle reel have to do with social media?” Well…everything! If you – or perhaps a marketing agency (hint, hint) – create a sizzle reel, it can be edited down to shorter, bite-sized videos to post on social media. Now you’ve got the biggest bang for your buck – a longer video that shows off your talents AND the ability to edit it to shorter videos that you can post on social media until the end of time.

                      Let’s Get Technical: Best Practices for Engaging Video Content

                      Now that we’ve established the foundational elements of what makes for engaging video content for keynote speakers, there are some key best practices to keep in mind during filming and editing that will make your videos shine.

                      Research Video Editing Tools

                      Video editing can seem overwhelming, especially if you’ve never done it before. We understand that not every speaker has the means to hire a marketing agency or videographer to edit videos; luckily there are lots of solutions available to make things easier on you. Video editing apps like iMovie, CapCut, and Canva are relatively easy to use and allow you the ability to create dynamic video content without having to go to film school. If you don’t want to download additional apps or deal with exporting and importing video, social media apps TikTok, Instagram, and YouTube all have editing options built right into the interface of the platform. If you don’t want to get your hands super dirty, there are also AI tools like Opus.AI that can edit videos together for you in seconds. 

                      Add Captions and Graphics

                      For videos with heavy dialogue, it’s important to add captions (and sometimes, images). This not only makes your content more attractive and accessible, but also allows for further personalization. Not to mention, many people watch videos while multitasking – at work, in meetings (the nerve!), watching their favorite television shows, etc. Do them a solid and throw some captions on your videos so they don’t have to turn up the volume. Viewer with any form of hearing loss will especially appreciate this. If you’re unsure of how to add captions, social platforms like TIkTok and Instagram have the ability to transcribe what you’re saying in the app. For those looking to get a little more creative, CapCut or Canva are great tools to add captions to videos.

                      For example, Molly Fletcher’s video above effectively uses captions with highlighted words and text visuals to emphasize key points. This adds to the overall visual interest of the video and makes it more engaging.

                      Optimize Video Length

                      The trick to views and engagement is simple: keep your videos short and sweet. Research shows that 66% of viewers will watch a video in its entirety if it’s less than 60 seconds long. The key to getting that coveted view is to grab the viewers’ attention within the first few seconds.

                      Add Music and Sound Effects

                      Music and sound effects are key to making your video content pop. Background music sets the tone and often keeps viewers interested. Choose tracks that match your message — lively tunes work for upbeat content and calm music are appropriate for more serious conversations. Likewise, sound effects add a fun touch to transitions or key points, but don’t let them overpower your main audio. 

                      Random tip: The algorithms that drive social media platforms like TikTok and Instagram love it when you use trending audio; make sure you browse the trending audio libraries in these apps to give your video the best chance of reaching a large audience.

                      Embrace the Power of a Strong Call to Action

                      Last, but certainly not least, don’t forget to include a powerful call to action (CTA) in your videos. Whether you want viewers to visit your website, sign up for your mailing list, or take advantage of a promo code, a clear and compelling CTA is a must. Remember, a good CTA turns passive viewers into active participants. 

                      Whether you’re working to build your personal brand, secure new leads, or just build relationships online, video content is key to your digital marketing as a keynote speaker. It might take a few practice rounds, but we have no doubt you’ll be out there creating engaging videos in no time. 

                      If you’re looking for help creating video content that you can post to your social media, That Random Agency is throwing an event that you NEED to attend. It’s called SPEAKR – a transformative 3-day experience to turn up the volume on your speaking career. We will do live sizzle reel and social-forward video creation, as well as provide educational and networking opportunities with the smartest folks in the keynote speaking industry. Learn more about the event here

                      Random Round Up: Social Media News and Updates, May 2024

                      With another month comes another wave of changes to social media. Here at That Random Agency, we’re dedicated to keeping you in the loop with the latest updates. So, let’s dive into what’s new and exciting on our apps. 

                      1. X is Saying Goodbye to the “Likes” Tab

                        X plans to hide post likes across the platform. That’s right — the “Likes” tab on profiles will soon vanish, meaning you won’t be able to see what users have given approval to. X engineer Haofei Wang explained, “Public likes are incentivizing the wrong behavior. For example, many people feel discouraged from liking content that may be ‘edgy’ in fear of retaliation from trolls, or to protect their public image.” 

                        Here’s our question: Why would anyone “like” something they wouldn’t want associated with their profile? This change seems like it could open the door to promoting darker, more controversial content under the guise of privacy, potentially leading to a more radicalized feed. While Elon Musk’s own history of liking controversial posts might explain this move, it raises questions about the future direction of X. 

                        2. UMG is Back on TikTok

                          The three-month long standoff between Universal Music Group (UMG) and TikTok over royalty payments and AI policies has finally come to an end. The label’s music is back on the platform, thanks to a new deal that promises better remuneration for UMG’s artists, new promotional opportunities, and protections against AI. 

                          Lucian Grainge, UMG’s chairman and CEO, celebrated the agreement as a new chapter that emphasizes the value of music and welfare of the creative community. And honestly…he couldn’t be more right. With new music from beloved artists like Ariana Grande or Taylor Swift dropping in the last couple months, we’re relieved. 

                          3. Instagram Updates That Help Small Creators Break Out

                            Instagram announced several major changes to its algorithm to give creators a fairer chance at reaching new audiences. These include:

                            Definitely a win for creators, and kudos to Instagram for championing originality. These changes will not only support smaller creators but also ensure we get fresher and more diverse content in our feeds. 

                            4. Instagram Might Be Expanding Notes to Feed Posts and Reels

                              Instagram is at it again, testing a new feature that lets users add Notes to feed posts and Reels (if you’re unfamiliar, Notes can be found in your direct messages, underneath the search bar). Indeed, IG seems to be pushing for Notes everywhere…having just recently added the option on profiles.

                              Image source: @permolity on Threads 

                              While some users are annoyed by the development of features they don’t use, it’s clear that Instagram is targeting younger audiences who seem to enjoy Notes. With competition from TikTok and Snapchat, Instagram is definitely looking for ways to keep engagement high and spark conversations within the app.

                              5. Threads is Catching Up to X with a New Chronological Feed feature

                                Threads is introducing a new feature that allows users to add a chronological filter within search results, a move that brings it closer to being a true X replacement. As Threads Chief Adam Mosseri announced, the new “Recent” tab will allow users to view the most up-to-date posts, making it easier to follow real-time events like sports. 

                                This update is quite crucial for Threads which, despite its growth to 150 million monthly active users, has seen its momentum slow down. With real-time discovery elements, Threads aims to boost engagement and user growth.

                                As always, stay tuned for more social media news and insights as they come. If you want to collaborate with experts who stay ahead of the curve, get in touch with us at Random!

                                Unpacking the 2024 Nielsen Marketing Report: Strategies to Supercharge Your Campaigns

                                Nielsen’s Annual Marketing Report is here, with insights into how marketers should be allocating budgets and measuring success in 2024. And…well…it’s pretty long! If you’re pressed for time, fret not – we read the whole thing and recapped the key takeaways and findings in this blog post. Aren’t we nice? Read on for the insights you need to know as you prepare for the rest of the year and beyond.

                                Takeaway #1: Despite a Down Economy, Spending Optimism is Up

                                Despite inflation, slowed consumer spending, and supply chain uncertainties, 72% of global marketers anticipate bigger ad budgets this year — up from 64% last year. Global marketers plan to allocate 63% of their budgets to digital channels, focusing especially on social media, search, online video, and digital display, driven by the higher perceived effectiveness of these channels. Among all the digital channels, social media stands out as a frontrunner with an average ROI that is 36% higher than all media over the past three years. 

                                Random’s Take: While it’s tempting to pour all your resources into digital, don’t neglect other media channels! What’s effective for one brand may not work so well for another. A balanced mix may help you reach a wider audience and maximize your ROI. Industry specifics aside, billboards, radio and print ads, and other non-digital marketing channels are still effective with the right strategy.

                                Takeaway #2: Misalignment Between Marketing Tactics and KPIs

                                As the economy dwindles, it seems like the marketing department is busier than ever with more opportunities, but with those bigger budgets comes a catch: more pressure to deliver results.

                                Here’s the irony though — 70% of marketers are focusing on performance marketing over brand-building initiatives, but the top KPIs are long-term ROI and full-funnel ROI. 

                                According to Nielson, a brand loses an average of 2% of future revenue for every quarter it stops advertising, whereas ongoing brand-building efforts can account for 10% to 35% of a brand’s equity. It’s important to balance your short-term performance goals with long-term brand-building strategies. Advocating for a full-funnel approach means recognizing that some insights might be hiding in plain sight! Optimize your budget for short- and long-term goals and reassess underperforming channels for secondary objectives.

                                Random’s Take: Performance marketing might garner more immediate and measurable wins, but building a brand is a marathon, not a sprint. Performance marketing does little to attract new customers and can lead to brand erosion when overused. Don’t forget that you need top-of-funnel leads to nurture along the buyer’s journey; without brand-building efforts, you’ll have a tough time converting if consumer’s don’t know who you are first.

                                Takeaway #3: Media Balance is Key

                                With today’s fragmented media, reaching your audience amidst all of the noise requires a deep understanding of your audience. Nielsen’s data shows the average on-target rate for digital ads in North America is just 65%, and confidence in measuring the ROI of CTV (Connected TV) investments is only 31%. In simpler terms, there are challenges in targeting precision and ROI measurements for digital channels. 

                                Random’s Take: Precision is everything! A one-size-fits-all approach won’t cut it anymore — knowing how your audience interacts with media is crucial. A cross-media approach can help overcome these challenges and enhance reach.

                                Takeaway #4: There’s a Disconnect Between Insights and Execution

                                While 84% of global marketers are confident in their martech’s ROI measurement capabilities, only 38% actually evaluate the holistic ROI across traditional and digital channels. This disconnect means blind spots and misattribution, causing marketers to underestimate the overall impact of their efforts. Not to mention, fewer than half of marketers feel confident in measuring the ROI of individual channels like social media.

                                Marketing mix modeling (MMM) tools, like this one by Analytic Partners, offer a full picture of how your campaigns are performing. Even though MMM is highly effective, only 30% of marketers rely on it for measuring holistic ROI. 

                                Random’s Take: Ultimately, it’s important to embrace a comprehensive media planning and measurement strategy. This approach will help you make smarter, data-driven decisions and get the most out of your marketing budget.

                                Looking to fine-tune your marketing strategy? Our team of experts is ready to help you leverage these insights and achieve your goals. Get in touch with us today, and let’s take your campaigns to the next level!

                                Random Round Up: Social Media News and Updates, April 2024

                                It’s no secret that social media platforms are always changing. App developers for the likes of TikTok, Meta, and X are constantly rolling out new features that redefine the ways in which brands and creators interact with audiences. With how often things change, it’s hard to keep track of everything. Lucky for you, we’re here to share some of the latest social media news and updates that you need to know right now (cos nobody likes getting left in the digital dust). 

                                Meet Your New Assistant: Meta AI is Here

                                Meta AI is Meta’s latest addition to Facebook, Instagram, WhatsApp, and Messenger. It enhances functionality within feeds, chat, search, and more, allowing users access to real-time information without the need to leave the app. Think of it like a Google search built right into the Meta platforms that you know and love.

                                As social media platforms continue to evolve into search engines themselves, Meta’s AI feature solidifies its role as a one-stop shop for all types of research. This new function broadens the opportunities for visibility on the platform. So whether you’re planning a dinner with friends and trying to find the best place to eat or looking up hacks to save money, you can now do it while also liking pictures of your friend’s vacation and giving your hot take on the new Taylor Swift album. Thanks for the assist, Zuck!

                                The TikTok-ification of Social Continues: Short-form Video Coming to LinkedIn?

                                LinkedIn is experimenting with a TikTok-like short-form video feed, TechCrunch confirmed in March. This places LinkedIn among a long list of other platforms — which includes Instagram, Facebook, and YouTube — that have adopted similar features in response to TikTok’s surging popularity.

                                LinkedIn’s version still focuses on career-oriented and professional content, but the short-form video feed aims to boost user engagement and content discovery with easy-to-consume, quick-scroll videos. While the feature is still in its preliminary testing phase and not widely available, it’s possible that LinkedIn might eventually monetize this feature to attract more creators to the platform. 

                                “Blend”-ing In: An Instagram Collaborative Reels Feed Could Be On the Way 

                                Instagram is allegedly developing a new feature called “Blend,” which generates a private feed of Reels tailored to you and a friend’s shared interests. This internal prototype, not yet available to users, is comparable to Spotify’s collaborative playlist feature launched in 2021. The feature aims to enhance the discovery and viewing of Reels by leveraging the videos you and a friend have previously shared together. 

                                If launched, Blend could offer Instagram users a collaborative experience that is not yet available on its rival app, TikTok. By using direct message interactions to boost Reels content, this feature could give Instagram a competitive edge in the short-form video space, which TikTok continues to dominate.

                                Go Long! Longer Videos Are Making a Comeback

                                While social platforms have trended towards short form video since TikTok took the world by storm, longer videos seem to be coming back into fashion as platforms increase their maximum video lengths. Instagram users can now use up to three minutes of clips in Reels, while TikTok is reportedly testing 15 minute videos. 

                                As users turn to social media to answer questions they might normally type into a search engine, creators are encouraged to utilize longer videos to provide more in-depth answers and engage viewers looking to social media for entertainment and information. “Time” will tell (see what we did there) if it catches on!

                                Slide Into More Engagement:  Instagram’s Focus Shifts to Direct Messages

                                In an episode of the 20VC podcast, Instagram CEO Adam Mosseri noted that much of  “Instagram’s growth has been in stories and DMs.” As users increasingly share personal updates and photos on private stories or “Finsta” accounts (what the cool kids call “fake Instagram” accounts), Instagram has responded by launching several new direct message-focused features. These features include notes, text-only status updates in the DMs page, and broadcast channels – a public, one-to-many messaging tool for creators to invite all of their followers into and engage with their most interested fans.

                                Image source: Instagram Blog

                                As user engagement shifts toward more private spaces, it’s advisable for brands and organizations to leverage these channels, especially as social media evolves into a more significant customer service tool in the near future. So check in with your community managers; their DMs are probably blowing up!Want to work with social media experts that are always plugged in to the latest and greatest trends? Then you’ve come to the right place. Get in touch with us today!