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Trends in search advertising

With the discontinuation of ETAs or expanded text ads on 30th June 2022, RSAs or responsive search ads are the only present option. This being just the starter, there is a series of small changes brought about in the whole Google ads ecosystem. Here’s how you can tackle the situation for the best outcomes.

First, let’s understand how RSAs work and what is the basic infrastructure of the ad. Responsive search ads were introduced in the market back in 2018 and were selected as the default format in early 2021. Ever since then, responsive ads have been the way to go for all the digital marketers out there. 

RSA’s work highly relies on machine learning and Artificial intelligence to process huge amounts of data and sieve out the most relevant results to serve the user. This enables advertisers to access a huge amount of user data processing with a tap and lets you create multiple variations or versions of the same content.

Highlights

RSAs optimize your provided keywords and assemble them in an order that is predicted to give the best results, fulfilling the user intent. You can input up to 15 unique headlines and 4 lines of description. Now the AI will analyze all different headlines and break them to create thousands of potential headlines or combinations of headlines or search results.

The advertiser can also opt for NOT jumbling or optimizing their headlines to meet specific user intent or to ensure the specific call-to-action commands. This can also be used if the advertiser is trying to make a specific part of their content visible. This flexibility between the old and new ways makes the transition from ETA to RSA easier and gives the advertiser yet another reason to shift to the new ecosystem for the better. Either way, they ain’t got a choice.

Another huge benefit of RSA is Google’s elite algorithm that can do all the testing for the most effective ad format instantly without the need to post multiple ads and run them in the testing phase to determine the best version of their ad post.

Drawbacks

This, however, does have a few drawbacks too. Recently, advertisers have been reporting the lack of reporting and insights that Google provides about what’s working. Collectively, Google does show which group of ads is performing and what kind of conversions it’s bringing in, what it doesn’t tell is the set of keywords and combinations are the real deal sealers. Although studies have shown that RSAs have increased the conversation rates by even 200% more than their ETA counterpart. 

If the insight problem is solved soon and if the advertisers start getting a more distinct picture of what’s working and what’s not, then the user base for RSAs will feel much more appreciated and will aid the understanding of the advertiser over their ad campaign. 

RSAs are just making things easier for advertisers as each RSA can generate thousands of different combinations of possible outcomes eradicating the need to create multiple ads within the same ad group. The new interface asks you for distinct assets with straightforward keywords integrated into them and all of this can later be evaluated through something called the strength report. 

Range of manual control

Pinning certain assets reduces the number of combinations Google can formulate. Though this gives more manual control over the ad performance, advertisers can try eradicating the same pins in a similar post to see if the automation provides any inflated benefits. Results show highly increased conversions and the conversations with RSAs cost roughly half as many ETAs in many cases.

The only requirement for RSAs to work efficiently is high amounts of data, Google itself recommends the use of broad match keywords. The more data provided to the machine, the better the AI works at processing it and understanding the pattern the data conveys.

Conclusion 

Advertisers really do not need more manual control if the AI is ready to do the same work much faster and without the additional hard work. What we need to do is to embrace the new era of AI-integrated search advertising. Machine learning-powered optimizations are the new future of all of the digital marketing, and you start integrating it with your daily work ethic for a seamless transition.

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Influencer Marketing

Marketing with Memes: What difference does it make?

What are memes? 

 Evolutionary biologist Richard Dawkins coined the term “meme” in his book (1976) The Selfish Gene. The word is a combination of the Greek words “mimeme” (something imitated) and “gene” which rhymes with “chorus”. 

In Dawkins’ definition, memes involve how “our ideas, ideals, culture and habits reproduce themselves. Almost like a virus, they move from person to person by copying, sharing and replicating.”

Dawkins suggested that egos also exist in the animal kingdom, suggesting that they have some evolutionary basis. We are all willing to pass on  memes that serve a purpose. Memes that aren’t worth sharing  die out fast. A University of Vermont study even found that infectious diseases follow similar  patterns of spread to Internet memes. 

Today’s social networks  are perfect for passing on these cultural genes. Once a message resonates with an audience, it can go global almost instantly. The most successful memes usually capture a moment, thought or feeling in a visual, social media form. 

This timeliness does not have to be in the original self; The user can add it with new text or  using it in a new context. Take the classic “distracted boyfriend” for example. You can’t say you haven’t seen this image — which first appeared online in 2015 — in one form or another. 

 Reasons to Use Memes in  Marketing 

 In an interview with Wired magazine, Richard Dawkins confirmed that Internet memes are similar to what he imagined, saying, “It’s all that happens.” As such, anything can be a self; Dawkins himself received the self-treatment several times. 

  Reasons to Use Memes in  Marketing 

This meme started on Reddit , where users Photoshop beautiful images of Shiba Inu dogs into various backgrounds. The dog’s curious expression creates a humorous confrontation with its new environment.

The meme spawned the satirical cryptocurrency Dogecoin, which was later backed by Elon Musk and is now the shirt sponsor of Premier League football club Watford FC. This trajectory is crucial to the life cycle of online memes; they are contagious, but they are also infinitely adaptable and  take on a life of their own.

 Another new form of currency where memes are showing their value are non-fungible tokens (NFTs). A woman whose picture in front of a burning building as a 

-year-old sparked the “disaster girl” meme just received half a  million dollars after selling it as an NFT and used the proceeds to pay off her loans and donate to charity. 

So memes are a cultural phenomenon that seems to have been with us for a while. Does this mean that  brands should use memes in their marketing? 

 Advantages of using memes in marketing 

 1. Memes are cheap to create 

 Internet memes have a certain homely charm. Anyone can contribute and add text to the classics of the genre using sites like Meme Generator. 

Brands can use memes created by others in their marketing campaigns, but  if you intend to use them for marketing purposes, it is recommended that you create your own memes. Marketers have to work a little harder to keep up with cultural trends. 

The hardest part is coming up with a witty title. This example from BarkBox provides a handy reference point: 

It relates to your brand and audience without destroying the relationship with a pushy sales message. 

Skillfully executed  memes are a cheap and cheerful way to attract interaction on social media. 

2. Memes can be a powerful brand marketing tool 

You can also create  content suitable for memes. In other words, brands can create content that can become  its own self. 

For example, when Netflix released a preview  for its Bird Box series (like the image below), it was the basis for countless memes: 

Bird Box reviews were not very kind.  Melanic McFarland of Salon wrote, “Is it good? Not really, but it doesn’t have to be.” Thanks to what we might call the “meme effect”, people watched Bird Box anyway – it had 5 million views within 7 days of its release. Netflix even had to warn people not to try eye contact tricks to recreate memes. 

Recently, the huge success of the Netflix Squid Game has spawned countless new memes, many of which – like those that fit the format and boost Netflix ratings – are understandable only to those who have seen the show. Brands also quickly began to get involved. Pepsi has already gotten over 37,000 likes on this Instagram photo with the iconic Squid Game visual reference (no spoilers!) next to one of  the drinks titled “When You Know You Know.” 

It is important for marketers to embrace the spirit of a trend like the squid game if they want to use it as a  brand communication tool. The Pepsi example is playful and the text “If you know that you know” gives a suggestive nod to other fans. 

A company like Netflix has an advantage with its content factory and Hollywood stars. However, memes don’t need that gloss to appeal to a mass audience. The more widely known, the more people see the brand. And the best memes last for years. 

 3. Memes can show your company its human side  

When companies use memes, they inevitably show their human side. That could mean gently poking  fun at the brand’s traditional ways, as in this picture of Denny’s: 

Denny’s jumped on Facebook’s “10 Year Challenge,” which has already gone viral. It didn’t try to hijack the trend for its own purposes, but combined it with fun in  a different way than the self format. 

A 2017 online study of complex contagion patterns that accurately predicted the duration of the ALS Ice Cream Challenge  found that when people see a meme that reflects their current mood, they feel seen. As a result, they share the meme in hopes of finding social validation from other social media users. 

That said, memes don’t always have to be funny. They can be thought-provoking and insightful, not just  frivolous. However, it is safer for brands to start with  lighter memes,  as  more serious images tend to be political. Denny’s offers a convenient plan for this; brands do best when they show some self-awareness. 

4. Memes Generate Instant Reactions 

Memes appeal to marketers for all of the above reasons. Their raison d’etre is to go viral, and that’s what every brand has been talking about since the advent of social media. 

There are no guarantees on this side and most memes  die out quickly. But brands should see this as a learning opportunity, not a reason to abandon the meme. While the meme experiment isn’t destructive (we’ll get to those examples  later), marketers can use memes to get instant feedback from their audience. 

If it fits your brand, you should try creating a meme. They are cheap to make and usually fade quickly if not raised. And when they  go viral, you may  find you’ve tapped into something you never knew about your audience. 

The Running World meme promotes a sense of community and is essentially a “joke”. really just runners (and their friends). This approach might not work as well if the audience didn’t get the joke, but  it wouldn’t hurt to try. However, brands should be careful. This example from the potato chip brand Ruffles is common in social media folklore as an example of how not to do it: 

It’s too focused on the brand, doesn’t give the user a reason to share , and uses a format that has  been seen too many times. Every time someone adopts a meme, they have to add something new to the existing list.

It’s also worth noting that the cultural (and political) meaning of memes can change over time, as  this documentary chronicles how Pepe the Frog went from an innocent amphibian to a divisive symbol. By following the basic principles of self-marketing, brands can avoid these pitfalls. 

 Reasons to use Memes in Marketing :

Brands need to be aware that memes only help achieve certain marketing goals. When they publish a sales message, users are immediately rejected. This brings similar considerations to our marketer’s Reddit guide. The most important thing is to understand the pulse of the audience and join and add something that affects the moment. Brands that wrongly undermine morality and pay the price. 

However, memes can be part of a serious strategy. When adding memes to your marketing plan, keep these tips in mind: 

  1. Keep Up With Pop Culture: It’s important to keep up  with current trends; relevancy is the lifeblood of a viral meme. 
  2.  Show  self-awareness: If you want to convey your brand’s message, use humor to turn around and  show the human side. 
  3.  Finding the right channel: Memes are everywhere, from Snapchat to LinkedIn, but they vary in form and tone between channels. For example, TikTok memes  use music as an additional element. 
  4.  Use an on-brand tone: It’s important to remain professional even when participating in  a social media challenge. Customers expect the brand to act according to its traditional identity. 
  5.  Research your audience’s preferences: Identify these cultural preferences using social media marketing tools before launching a marketing strategy. 
  6.  Join Trends and Challenges: Because they are already viral, they offer guaranteed visibility. Just make sure you use this coin wisely. 
  7.  Build a meme library: The same memes keep popping up all the time, and their familiarity is comforting. Keep a  library of memes and quickly edit text  when an idea strikes. 
  8.  And look at image licensing: a bit of a boring point to cover, but an important one. If you’re collecting images to create new memes,  check for possible licensing considerations.
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Influencer Marketing

Influencer Marketing: Millennials from Metros dominate the space.

The social media influencer marketing survey found that most of the digital creators hail from top metro cities – the largest percentage coming from Delhi and Mumbai, with 24.9% and 21.2% respectively, while Bangalore and Kolkata contribute to 7.9% and 6.3% respectively. These  influencer marketing statistics reflect a huge potential in these cities for brands who are looking to leverage influencer marketing. 

In terms of age, the social media influencer marketing report uncovered that most respondents fall in the 18-30 age bracket, with 50% of respondents being between 18-24 years old. It would be safe to say then that the youth of today is not just influencing but inspiring and even changing minds.

We also see a healthy distribution in gender with almost 50% of the influencers who took the survey being females. 

Almost 60% of the influencers in our country who have taken the survey get a chance to work with less than 3 brands in a month. This shows that most of them are still in the initial stage of their influencer journey. 

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Influencer Marketing

Influencer Marketing : Fashion, lifestyle, and travel continue to rule the roost.

The influencer market is currently dominated by lifestyle and fashion influencers, followed by beauty and fitness influencers. Categories like cooking, mental health, and gaming have also seen significant growth in the influencer market during the pandemic and the ensuing lockdown. 

However, the lockdown has also caused a few challenges to influencers. The study says that there has been a decline in influencer marketing during COVID-19 as the number of collaborations has reduced in the last few months, especially for travel and fashion influencers. Delayed payments and undervaluation of work continue to be a pressing concern during this period. 

The social media influencer marketing study further reports that consumer goods brands leverage influencer marketing the most extensively, with the category contributing to a whopping 70% of all industry categories.

In terms of sectors, e-commerce dominates with 50%, followed by mobile apps with around 42% and retail at about 38%. Healthcare, edu-tech, BFSI, and B2B companies follow closely as well.

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