Daily Edition · Page 7

THE DAILY INDEX

Technology, AI, software, security, crypto and business

NEWS & TRENDS

TLDR Marketing

GOOGLE ADVERTISERS CAN NOW OPT OUT OF SEARCH NETWORK

Following Adalytics’ report about Google's ads appearing alongside harmful content, Google is now allowing advertisers to opt out of the Search Network. It is now possible to exclude search partners from all campaign types, including Performance Max and app campaigns. Despite the news, Google continues to refute the report’s claims, saying bad placements are very rare and that Adalytics intentionally triggered them.

HOW TO NOT OVERSPEND ON GOOGLE PAID SEARCH

Google paid search is one of the easiest marketing channels to measure. Yet, many B2B companies continue to overspend on ads. To correctly measure ROI, focus on 2 core revenue metrics: $ Closed Won Revenue:$ Ad Spend (lagging) and $ HIRO Pipeline:$ Ad Spend (leading). Then, break down these metrics by branded, high intent non-branded, low intent non-branded, and competitor. This view will allow brands to see which campaigns are bleeding big losses.

PRODUCT MARKETING INNOVATIONS: 5 STRATEGIES AND EXAMPLES

Customer-led growth, product-led growth, and performance marketing are a few tactics where simple approaches revolutionize the way brands interact with customers. Zoom embraces customer-led growth via surveys, forums, and social media interactions to continuously improve its user experience. Canva’s freemium model led to a user base of over 75 million active users, with over 50% of them becoming pay subscribers. Amazon continues to be a leader in performance marketing in 2023, with sellers experiencing an average conversion rate of 12%.

A CONVERSATION WITH THE CMO OF SHAKE SHACK

A spotlight into the marketing career of Jay Livingston, Shake Shack’s current CMO. Livingston crafted regional and national brand marketing strategies that included collabs with Hot Ones, Game of Thrones, and the Trolls Band Together movie. He’s also created programs that aren’t “super expensive”, such as this summer’s campaign to find a “Chief Avocado Officer”. Shake Shack finds new audiences by creating “fun brand moments” to generate media buzz, gain social impressions, and create sales.

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