marketing 28 Oct 2024
LTK, the first and largest influencer marketing platform, has unveiled findings from its second annual brand study conducted in partnership with Northwestern University’s Retail Analytics Council. The study provides valuable insights into creator marketing trends as the industry is projected to reach $24 billion by the end of 2024. With creators becoming a top digital marketing investment, brands are recognizing their potential to engage audiences and drive impactful results across multiple channels.
Key Findings from the Study
Increased Investment in Creators
Multi-Channel Creator Utilization
Connected TV Advertising Growth
Creator Marketing as a Retail Media Priority
Expansive Audience Reach
Multidimensional Impact of Creators
AI Utilization in Creator Partnerships
Expert Insights
“Creators are no longer a niche portion of the marketing mix – they are essential to driving brand growth and audience engagement,” said Rodney Mason, Head of Marketing, Brand Platform at LTK.
Frank Mulhern, Professor and Director of Retail Analytics Council at Northwestern University, added, “This study confirms that creators are driving measurable, multidimensional value for brands compared to more traditional marketing strategies.”
As the digital marketing landscape evolves, the LTK study underscores the critical role of creator marketing in driving brand success. With significant investments planned for 2025, brands are recognizing the multifaceted impact of creators across various channels, making them integral to future marketing strategies.
advertising 28 Oct 2024
Koddi, a leader in retail and commerce media technology, has announced a strategic partnership with Grubhub aimed at enhancing Grubhub's marketing platform. This collaboration introduces advanced advertising capabilities that enable Grubhub’s merchants to leverage automated optimizations, detailed reporting, and a self-serve campaign creation interface to drive better performance and sales.
Key Features of the Partnership
Enhanced Pre-Checkout Advertising
Data-Driven Decision Making
Intuitive User Interface
Optimization of Customer Interactions
Continuous Improvement
Expert Commentary
Adam Krueger, Director of Merchant Ads and Engagement at Grubhub, remarked, “Grubhub is a valuable marketing channel for merchants to grow their sales and reach our tens of millions of customers. We’re excited to expand the services we provide our partners to include greater advertising capabilities.”
Nicholas Ward, Co-Founder and President of Koddi, added, “Grubhub is a pioneer in online delivery that has centered its business around innovation. Our partnership has focused on delivering real value to customers and merchants alike, and we’ve rolled out advanced features to enhance advertising effectiveness.”
Future Developments
Koddi is recognized for powering several of the world’s top commerce media networks and plans to introduce new revenue-driving offerings in the coming months. These initiatives will focus on generating demand and optimizing inventory for commerce media programs, tapping into the $100 billion commerce media opportunity.
customer data platforms 28 Oct 2024
MessageGears, a leader in data activation and engagement for enterprise brands, has unveiled its 2024 Customer Data Platform (CDP) report, created in collaboration with Hanover Research. This report delves into current perceptions of CDPs among enterprises, their functionality, the challenges organizations face, and what features are deemed most critical for effective customer data management.
Current CDP Satisfaction
Preference for Composable CDPs
Positive Reception of Composable Solutions
Impact of Composable CDPs
Diverse Use Cases for CDPs
Expert Commentary
Will Devlin, Vice President of Marketing at MessageGears, stated, “Enterprise brands are making huge investments in data, and they are justifiably looking to get a bigger return out of those investments. This report provides insight and perspective into what enterprises are doing—and trying to do—when it comes to customer data management.”
He further emphasized the positive trend towards composability, saying, “As a champion of the approach for more than a decade, it’s exciting to see the continued favorable trends toward composability and warehouse-native tools by enterprise brands.”
The 2024 CDP report from MessageGears sheds light on the evolving landscape of customer data platforms, revealing significant insights that can help enterprises optimize their data strategies. As the industry progresses, the findings will serve as a valuable resource for brands looking to enhance their data management capabilities.
technology 28 Oct 2024
Infobip, a global communications platform and member of the Oracle PartnerNetwork, has announced a collaboration with Oracle to integrate its intelligent chatbot-building platform and omnichannel solutions with Oracle Fusion Cloud Responsys Campaign Management. This integration empowers businesses to deliver rich conversational experiences and AI-driven chatbot services, enhancing customer loyalty and driving sales.
Rising Demand for Conversational Messaging
As consumer preferences shift towards deeper connections with brands, rich conversational messaging channels are gaining traction. According to Mobilesquared, there are approximately 4.9 billion business messaging users worldwide using rich messaging, with 2.8 billion on WhatsApp and 1.5 billion using RCS. To leverage these opportunities, businesses must adopt innovative solutions like conversational AI and chatbots to create tailored and interactive experiences.
Integration Benefits
With the new integration, businesses using Oracle Responsys Campaign Management can create engaging conversational experiences through Infobip’s channels, including chat apps, social media messaging, and RCS. Key benefits of this integration include:
About Oracle Responsys Campaign Management
Oracle Responsys is a cross-channel campaign management platform that leverages advanced intelligence to create personalized messaging. It enables brands to design contextually relevant digital marketing campaigns tailored to individual customer interests and preferences, fostering improved engagement.
Expert Insights
Stephen Streich, Group Vice President of Oracle Fusion Cloud Marketing, commented, “Oracle delivers leading customer experience solutions that help organizations use data more intelligently to enhance engagement. Now, Oracle Responsys Campaign Management customers can integrate with Infobip’s omnichannel solutions and intelligent chatbot-building platform to create compelling conversational campaigns that drive loyalty.”
Veselin Vukovic, VP of Strategic Partnerships at Infobip, added, “Infobip is already an Oracle Independent Software Vendor Partner with access to Oracle Integration Cloud, and this new addition further enhances our partnership with the global software company.”
The collaboration between Infobip and Oracle signifies a significant step towards enhancing conversational marketing strategies for brands. By integrating intelligent chatbot services and omnichannel solutions, businesses can foster deeper connections with their customers and drive greater engagement and sales.
marketing 25 Oct 2024
TapClicks, a leader in smart marketing solutions, has named Mitchell Jones as the new Head of Services. Previously serving as Director of Revenue Operations and Solutions Architecture, Jones will now lead the Implementation, Professional Services, and Managed Services teams, ensuring successful project delivery and client satisfaction.
With over 20 years of experience in client-facing solutions, business analysis, and digital advertising, Jones brings a wealth of knowledge to TapClicks. His expertise in lead-to-cash solutions will help clients maximize efficiency and ROI. His promotion reflects his cross-functional success at the company and sets the stage for future growth.
Chel Heler, Chief Growth Officer at TapClicks, praised Jones for his impressive contributions, emphasizing his dedication and expertise in the MarTech field, which makes him a perfect fit for the role of Head of Services.
Jones expressed his enthusiasm for his new role, highlighting his goal to help customers optimize their MarTech and AdTech operations. He aims to deliver continued success for clients through TapClicks' innovative solutions.
Mitchell Jones' promotion to Head of Services at TapClicks underscores his ability to drive success both within the company and for its clients. His broad experience and leadership skills will ensure that TapClicks continues to deliver high-quality service and innovative solutions to its growing customer base.
technology 25 Oct 2024
RAD Intel, an AI-powered audience insights platform, has launched new state-by-state functionality to help brands and agencies access hyper-relevant data and insights on influencers. This enables marketers to enhance their targeting for both macro and micro influencer campaigns, making them more effective and precise.
Jeremy Barnett, co-founder and CEO of RAD Intel, highlighted the importance of precision in today's marketing landscape. "Our proprietary LLM allows marketers to tap into live social media conversations and adjust messaging on the fly, ensuring campaigns resonate with the right audience at the right time."
RAD Intel empowers brands to maintain a competitive edge in a fast-changing digital landscape by delivering real-time insights. The platform’s ability to optimize influencer strategies based on evolving audience preferences helps marketers stay ahead of the curve and maintain relevance.
RAD Intel's state-by-state functionality is a game-changer for marketers looking to enhance the precision and effectiveness of their influencer marketing campaigns. By providing localized, real-time insights, the platform ensures that brands can deliver the right message to the right audience, resulting in higher engagement and conversion rates.
marketing 25 Oct 2024
StructuredWeb, a leader in through-channel marketing automation (TCMA), has launched AssistantAI, an advanced feature of its AI-powered platform, ChannelGPT. This new tool leverages generative AI to streamline communication workflows between global vendors and their partners, driving more efficient, precise, and tailored messaging within the channel ecosystem.
AssistantAI works in harmony with StructuredWeb’s existing suite of AI tools—CreateAI, EditAI, TranslateAI, RecommendAI, and CampaignAI. This integration allows users to automate a wide array of tasks such as content generation, editing, translation, and campaign execution, significantly improving the efficiency of channel communications.
Daniel Nissan, founder & CEO of StructuredWeb, highlighted the importance of automation combined with AI-driven insights. He emphasized how AssistantAI enhances productivity by enabling precise, impactful, and audience-tailored communications. Larry Walsh, CEO of Channelnomics, reinforced this, stating that AssistantAI drives more efficient marketing efforts by streamlining communication across the channel ecosystem.
AssistantAI represents the next phase of innovation in channel marketing automation, delivering high-impact, real-time communications. By simplifying and accelerating workflows for vendors and partners, AssistantAI enhances the quality of messaging and boosts productivity, helping brands stay ahead in an increasingly competitive landscape.
technology 25 Oct 2024
Seismic, a global leader in enablement, has unveiled its Fall 2024 Product Release featuring Seismic Programs, a suite of tools designed to help revenue enablement teams overcome common challenges and directly link their activities to revenue growth. The release also includes updates to Seismic’s Aura Copilot, Seismic for Meetings, and Seismic Skills, further enhancing the ability to align strategy with execution.
Cass Pursell, Senior Manager at Motive, praised Seismic Programs for increasing productivity and making it easier to demonstrate the business value of their enablement efforts. The tool’s ability to track and measure the impact of enablement strategies was key to improving the team’s alignment and execution.
Krish Mantripragada, Seismic’s Chief Product Officer, emphasized the importance of agility in today’s business environment. Seismic Programs and the Fall 2024 updates empower teams to pivot quickly, align with business goals, and validate the success of their enablement activities in the field.
Seismic’s Fall 2024 Product Release, with the introduction of Seismic Programs and other key updates, enables revenue teams to better align their efforts with business objectives, improve efficiency, and clearly demonstrate the value of their activities. This release enhances Seismic’s position as a leader in revenue enablement solutions.
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