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THE DAILY INDEX

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NEWS & TRENDS

TLDR Marketing

WHAT’S GOING ON WITH THE NEW BILL THAT COULD BAN TIKTOK?

Congress wants to force TikTok to part with its Chinese parent company, ByteDance, amid concerns over national security. Despite strong bipartisan support in Congress and President Biden’s endorsement, the fate of the Protecting Americans from Foreign Adversary Controlled Applications Act remains uncertain. TikTok pushed back with a mass in-app message to US users last Thursday morning, complete with a button for calling their representatives. If the bill does become law, Apple’s App Store and Google Play will not be able to legally distribute the app in the US.

HOW TO CRACK RETENTION - THE FULL GUIDE

Cracking retention enables businesses to drastically increase customer LTV and reduce customer acquisition costs. Keeping a customer costs on average 5x less than acquiring a new one, while a 5% increase in customer retention can increase company revenue by 25% to 95%. The first step to improving is to properly define the metric for your business. This article goes into detail on how to define the right retention metric, retention benchmarks, and 10 best practices to increase retention.

REDDIT LAUNCHES NEW ‘REDDIT PRO’ DATA ANALYTICS SUITE

Reddit’s new “Reddit Pro” analytics and data insights suite is designed to help brands make the most of the app and tap into the value of Reddit’s highly active niche communities. The new Pro features include post scheduling and drafts, post performance analytics, and AI-powered industry trends and engagement insights. The tool is currently available on a first-come, first-served basis - brands must sign up to use it.

THE WEIRD COMMUNITY MODEL THAT ACTUALLY WORKS 10X BETTER

Most branded communities fail because they feel forced and overly promotional. However, Sticker Mule's recently launched community is already generating high user engagement, targeted reach, valuable data, and organic brand advocacy. The new community is a social network called Stimulus, where brands can get attention by giving away gifts, and users win them by simply interacting on the platform. To replicate this new community model, create incentives that give users a reason to return, partner with other brands to boost content supply, and host the community on your own platform to maintain control and retain data.

YOUR OPEN AND CLICKS OF YOUR EMAIL CAMPAIGN AREN’T RELIABLE OR ACCURATE

Recent changes by Apple and Google have undermined the reliability of email open and click data, impacting the effectiveness of email marketing campaigns. Apple's Mail Privacy Protection feature and Google Workspace's link-scanning process have distorted open and click rates, making them unreliable indicators of engagement. To mitigate this issue, email service providers could adopt technological solutions like substituting images for tracking pixels, while marketers are encouraged to rely on UTM campaign query strings for more accurate measurements.

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