Morning Brew - ☕ Yearnings season

The reason(s) for the fall ad season.
Morning Brew October 26, 2022

Marketing Brew

Attentive

Yes, it’s Wednesday. Google told investors yesterday that YouTube’s ad revenue declined for the first time, about 2% year over year, though it still netted about $7 billion in the quarter.

So, is it a harbinger of a global decline in ad spend or are people starting to get sick of MrBeast? We’ll know more when Meta reports its earnings this evening.

In today’s edition:

— Alyssa Meyers, Katie Hicks

PODCASTS

Rules of their own

AirPods with donkey and elephant Francis Scialabba

You’ve probably heard your favorite podcasters endorsing products of all kinds (*cough* Athletic Greens *cough*). It’s less likely—though not impossible—that you’ve heard them mention political candidates or issues.

Political advertisers, including candidates and advocacy groups, have expressed interest in podcasts, according to several network execs, but not all networks want to play ball.

And because the FCC doesn’t regulate political ads in podcasting, the rules are left entirely up to platforms and networks.

  • Companies including iHeartMedia, Wondery, and Vox declined to comment on their policies for political advertising.
  • Among the networks that did speak with Marketing Brew, approaches to political advertising ranged from careful interest to all-out bans.

Open for business: Audacy-owned podcast studio Cadence13 has accepted political ads for as long as it’s been ad-supported, including during the 2020 election, Lizzy Roberti, head of partnership strategy, told Marketing Brew.

Cadence13 “definitely” sees a boost in ad revenue and listenership for shows that discuss political news during election seasons, Roberti said. The decision of whether to accept political ads is largely in the hands of the hosts, she explained.

Keep reading here.AM

        

TOGETHER WITH ATTENTIVE

A different kind of holiday list

Attentive

Dreaming big this holiday season? Attentive is handing out 36 gifts to lift your seasonal spirits—and your brand’s revenue.

Their 36 Leading Holiday SMS Marketing Campaigns guide is packed with best-in-class text message marketing examples. Get your copy and learn how IRL brands use SMS marketing to connect with customers and boost revenue during the holiday season.

You’ll see how brands such as CB2, Dolce Vita, and Michaels engage with their customers through list growth, loyalty/VIP, abandoned cart, promotional, non-promotional, and conversational messages.

Kick off the holiday season right and connect with one of Attentive’s SMS specialists.

Take advantage of their free trial for qualified brands and reach your customers before Black Friday + Cyber Monday.

MARKETING

How to shave save a brand

How to <del>shave</del> save a brand eos

When she took the job in 2018, Soyoung Kang, CMO of beauty brand eos Products, didn’t know what kind of creative work awaited her.

“I never in my entire life thought that I would be giving campaign hindsights and reading out KPIs for things called the ‘cooch’ campaign, the ‘Vagnastics’ campaign, and the ‘pube’ campaign,” she told us.

Shaving grace: Kang said eos was still very “hero product-driven” when she joined, known for its orb-shaped lip balms that were all over Tumblr and celebrity social media accounts in the early 2010s.

  • After settling a string of class-action lawsuits in 2016, which alleged that the lip balm caused blisters and rashes, the brand looked to some to be in a state of crisis.
  • Since 2018, Kang said her job has been to “renovate and reboot the entire product portfolio,” including reformulating its first product, shaving cream; “expand[ing] into adjacent categories so that we can fuel future areas for growth,” like its hand and body skin-care collections, and “simultaneously reconnect with our core fan base.”

We spoke with Kang about shifting the brand’s focus from mostly lip balm to personal care, millennials to Gen Z, and Tumblr to TikTok—all while having a little fun with it.

Keep reading here.KH

        

TOGETHER WITH TRIPLE WHALE

Triple Whale

Scale your store to the moon. With rising CPMs and software updates that don’t play nice with ads, managing advertising can feel like a crash landing. But Triple Whale’s Pixel attribution solutions can help launch your ads into the stratosphere. Use discount code Brew to save 15% when you sign up here.

FRENCH PRESS

French press Francis Scialabba

There are a lot of bad marketing tips out there. These aren’t those.

’Tis the szn: Five tips from Meta about advertising best practices this holiday season.

Info and Personality: How to tweet about product updates like Twitter does.

Ooh and ahh: We recently covered quite a bit on the ground at Advertising Week. Get the full roundup of new OOH trends in our latest article, sponsored by MNTN.*

*This is sponsored advertising content.

EVENTS

Dust off your expense reports

Dust off your expense reports

Marketing Brew is hosting a full-day affair of industry exploration and navigation on November 15 in NYC. Complete with brand leaders, industry connections, and your favorite editorial team, The Brief: A Summit Presented by Marketing Brew is an event that cannot be missed.

Incredible speakers from Thinx, HBO, BECA, and more will take to the stage to tackle the dizzying industry topics we love so dearly. Rebranding, attribution, omnichannel, CTV, social commerce, brand values—we promise to tackle all the buzzwords Brew-style with some of the most notable brands and individuals. Grab special pricing while it lasts. Register here.

WHAT ELSE IS BREWING

  • Nestlé’s Blue Bottle brand is getting into instant coffee.
  • Apple clarified that any NFTs sold within apps must use Apple’s in-app payment mechanism.
  • HBO’s House of the Dragon inspired some people to bleach their hair.
  • Kraft Heinz will test a vegan cheese called *snare hit* Not Cheese this November.
  • Twitter is losing so-called heavy tweeters, who account for 90% of all tweets, per Reuters. Also, “the company has estimated that adult content constitutes 13% of Twitter.”

METRICS & MEDIA

Read: Advertisers like McDonald’s and Coke, who are sponsoring the 2022 World Cup in Qatar, will “have to align their carefully crafted, heavily promoted values against the backdrop of alleged human rights abuses, anti-LGBTQ+ laws, and serious concerns about the safety of women” in the country, per Adweek.

Quote: “If brands want to reach our audience, they’ll need to work directly with our world-class media team.”—Bloomberg Media CEO M. Scott Havens in an open letter explaining why the publisher is eschewing open-market programmatic advertising

Stat: The percentage of US adults who said they get their news from TikTok more than tripled, from 3% in 2020 to 10% in 2022, according to the Pew Research Center.

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Written by Alyssa Meyers and Katie Hicks

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