There are a bunch of developments in the digital world that have occurred this week. Let’s take a look at the latest ones as of yet.
How to tap into the buying power of millennials with Social Media
- This year, the calculations state that millennials in the U.S. alone will be spending $200 billion by themselves.
- By 2018, it is estimated that they will have the most spending power of any generation.
- Social media is playing a huge role when it comes to engaging this particular audience.
- 62% of millennials say that if a brand engages with them on social networks, then they are more likely to become a loyal customer.
How to find your best B2B prospects on LinkedIn
- One of the best ways to find leads on LinkedIn is by looking at who’s already paying attention to you on the platform.
- With LinkedIn’s “Follow” feature, you have a ready-made list of individuals who have essentially given their consent to follow all your status updates and articles.
- LinkedIn sorts people based on those who have told the platform that they want to “follow” your updates, even though they are not yet connected to you directly.
- This sorting is done from top to bottom – starting with the people who have most recently started to follow you – meaning your “warmest” and “newest” leads are right at the top of the screen.
Facebook reveals a new dynamic creative tool
- Facebook is helping brands automatically create different versions of an ad that will vary in content, based on who they are shown to and where they appear.
- Brands can now input multiple options for each of the elements that make up an ad, like the photo, headline, call-to-action and various other elements.
- Facebook will then automatically piece together various versions of the ad on the fly to appeal to different audiences and accommodate different placements.
- Dynamic creative is available in Facebook Ads Manager and Power Editor, and the supported campaign objectives are conversions, app installs and traffic.
Snapchat rolls out conversion-tracking Snap Pixel
- Snapchat is giving marketers a way to track how the customers visiting their sites may have come after seeing a brand’s ad on the mobile app – even if they didn’t directly engage with the ad.
- The social network unveiled the Snap Pixel, a conversion-tracking tool for brands to measure how their ads on Snapchat may have impacted traffic on their sites.
- After a while, Snapchat will also make the tracking tag available to all advertisers – including those buying ads through its self-serve Snapchat Ad Manager tool.
- For now, Snap Pixel remains in a testing phase, and brands will need to contact Snapchat’s sales team to request access.