How Reddit, Snapchat, and Pinterest are attracting marketers and boosting ad revenue
CMO Strategies: Inside Reddit, Pinterest and Snapchat’s efforts to court marketers By Catherine Wolf, research editor This is the second half of Digiday’s CMO Strategies report on social media which analyzes key marketer strategies and challenges across leading marketing channels. Smaller platforms’ plans to attract marketers pay off Pinterest, Reddit and Snapchat all saw increased marketer usage in 2024, according to Digiday+ Research’s Q1 2024 survey that asked marketers about social media. Pinterest usage increased by 7 percentage points, while Reddit and Snapchat’s usage both grew by 5 percentage points respectively. All three platforms are likely to have benefitted from the drop-off in marketers’ usage of TikTok and X as advertisers have sought to diversify their investments and address brand safety issues. But Pinterest, Reddit and Snapchat have also made concerted efforts to grow their ad revenue over the past year. This week’s Future of TV Briefing looks at how the second quarter of 2024 may have marked an inflection point for companies’ traditional TV and streaming businesses.
The business of If there’s ever going to be a specific point in time marking the Rubicon between the TV business’s past and future, it may have been last week. As Disney, Paramount Global and Warner Bros. Discovery released their latest quarterly earnings reports, they revealed streaming businesses finally getting into the black and traditional TV businesses getting even bleaker. What Industry Leaders are Reading This Week Interested in becoming a Digiday+ member? Unlock access to the membership media and marketing industry professionals rely on. When you become a member you'll gain:
Stay ahead of the trends shaping the media and marketing industries and explore all the benefits members unlock with a Digiday+ subscription. |
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X reminds advertisers ‘there’s no substitute’ for real-time sports conversation amid competition
Wednesday, July 31, 2024
Over the weekend, the Olympics racked up 17 billion impressions, 2 billion video views, and 49 million posts, according to X. July 31, 2024 PRESENTED BY X reminds advertisers 'there's no
Check out the 2024 WorkLife Awards categories
Tuesday, July 30, 2024
Company culture has never been more important for organizations looking to attract and retain the best talent and the strongest cultures are built on values that run deep throughout the organization.
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Tuesday, July 30, 2024
After four years of promising the ad industry it would eventually rid its browser of third-party cookies, Google will let users decide. July 30, 2024 PRESENTED BY Ad tech bosses balance frustration and
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Monday, July 29, 2024
Calls for governmental oversight of web browsers such as Chrome and Safari are growing as advocates argue 'the new browser wars are breaming the open internet.' July 29, 2024 PRESENTED BY
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