Would You Pay $56 to Talk to a Human at Meta?
Today in Digital MarketingMarch 14, 2024
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Would You Pay $56 to Talk to a Human at Meta?

Meta is thinking of beefing up its paid checkmark program — but will it ever be worth it to marketers? Amazon will set your products up in one click. Where the money would go if TikTok disappears from America. And exploiting gap topics on the video apps for fun and profit.


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[00:00:00] It is Thursday March 14th. Today, Meta is thinking of beefing up its paid checkmark program,

[00:00:08] but will it ever be worth it for marketers? Amazon will set your products up in one

[00:00:13] click where the money would go if TikTok disappeared from America and exploiting gap topics

[00:00:20] on the video apps for fun and profit. I'm Tod Maffin, that's ahead today in Digital Marketing.

[00:00:29] After Elon Musk started selling the verified blue checkmarks, and after the shock wore off,

[00:00:34] Meta 2 decided they wanted some of that cash. It came out with Meta Verified, which for

[00:00:40] businesses costs $56 USD per month if you wanted both Facebook and Instagram verified.

[00:00:46] It offers a handful of mild perks though it's pretty clear the big benefit to the monthly

[00:00:50] subscription was getting that vanity checkmark. How's that program been going? Apparently

[00:00:56] not as well as Meta had hoped. Social media today estimates that less than 1% of its user

[00:01:01] base signed on, which is on par for similar programs out there like X's and Snapchat's.

[00:01:07] That might be why Meta is thinking about throwing more things into that subscription, a couple

[00:01:12] of which could be beneficial to marketers. The company is surveying some users asking

[00:01:17] what features they'd consider valuable included in that list. Faster review times for ad campaigns,

[00:01:24] the ability to add up to 8 links per month to your products or websites on Instagram

[00:01:30] Reels, and an actual support phone line with a real human being though they say those

[00:01:36] people could only help with common issues.

[00:01:40] One thing not on that list, better reach. That's a key selling point on X where the bigger

[00:01:46] a subscription package you buy, the more distribution your posts will get. Meta initially had

[00:01:51] that as a benefit of its plan, but backed away from it before it launched.

[00:01:56] ColorMe skeptical. These make great bullet points on a landing page, but we've seen

[00:02:00] that promises of better support from social media platforms even support you pay for often

[00:02:06] doesn't pan out. Over at X many people have said they still can't get support even

[00:02:11] though they have the premium subscription. Sometimes verification doesn't work at all. As

[00:02:16] a test when they launched that, we tried to get our podcasts Instagram account verified,

[00:02:21] paid the money, waited a day, then got an email saying we didn't qualify and Meta just

[00:02:27] kept the money anyway. Also whatever good will there was in the blue

[00:02:30] check mark has been withered away. If anyone can buy it, why is it special?

[00:02:36] Quoting social media today quote, the very act of selling check marks erodes their perceived

[00:02:41] value. So really the more subscriptions that met as sells, the less it's worth either

[00:02:46] way unless you're factoring in the other elements and those do have value, especially more direct

[00:02:51] access to meta support. But I'm not sure that it's worth the ongoing investment for most

[00:02:57] with the features only offering marginal periodic value even for brands unquote Amazon continues

[00:03:09] to push AI in its merchant offerings and soon will let sellers make product pages with

[00:03:13] a single URL. Basically you give it a link to your external product page like on Shopify

[00:03:20] or something and it will generate a product page on Amazon for that item. The AI will

[00:03:25] write its own description and lift images from your site. Of course, you'll want to review

[00:03:29] that text as AI has a nasty habit of just making things up though Amazon claims that

[00:03:35] nearly 80% of users accept the auto generated text. And if you're thinking, hey, that's

[00:03:41] going to make counterfeiting super easy, you're probably right. Amazon reminds you that

[00:03:46] that's against the rules but didn't spell out any specific guardrails they have in place

[00:03:50] to prevent that sort of thing. Amazon's other AI tools include photo generation for sellers

[00:03:56] and Rufus a chatbot for shoppers which has had its share of peculiar quirks. This new

[00:04:02] instant product page feature is rolling out now. It should be available to all sellers

[00:04:07] in the US in the coming weeks.

[00:04:11] Digital has a great piece up today about how a potential TikTok ban would affect marketers

[00:04:18] and what would happen to TikTok itself without those lucrative American ad dollars quoting

[00:04:25] the digital piece quote, let's say hypothetically the band does happen and marketers are forced

[00:04:31] to activate their contingency plans. A lot of money would suddenly be up for grabs

[00:04:35] in a hotly contested ad market. For now, it's hard to say with real confidence where

[00:04:40] that money would end up after all it's not like TikTok's growth has come at the expense

[00:04:44] of one corner of the market or a specific incumbent if anything the dollars pouring into

[00:04:50] that business have come from everywhere so it stands to reason that the same logic would

[00:04:54] apply if money started to flow out of the company.

[00:04:58] One place that money probably won't go to is TikTok in other markets. That's not really

[00:05:04] how marketers allocate their ad dollars. They do so at a country level, not a global

[00:05:08] one. That leaves the likes of Instagram, YouTube, Snapchat and in other words anything with

[00:05:14] short form video ads business as potential places for all that money. There could be

[00:05:19] a lot of money up for grabs. Reports from sources like the information combined with analysis

[00:05:24] from media experts like Brian Weiser suggest that TikTok may have generated around $18

[00:05:30] billion in ad revenue last year. As far as specific numbers the piece suggests that

[00:05:36] many could capture about 25% of TikTok's US ad revenues in the event of a band, and

[00:05:42] remember that actually sounds a little low to me, and YouTube would be the second choice

[00:05:46] for media buyers. That said, for now did you take quoted agency executives as saying

[00:05:51] that they're not seeing any advertisers pull budget from TikTok for the time being? It

[00:05:55] is, as they say, wait and see. The whole piece is definitely worth a read. It's up at

[00:06:01] digitate.com. It's called TikTok's potential US band stirs marketers, spurs contingency

[00:06:07] planning, and we have a link to it in today's email newsletter which you can sign up to

[00:06:11] for free by tapping the link at the top of the show notes.

[00:06:19] Today's episode is sponsored by Nerdwallets Smart Money Podcast. Nerdwallets trusted financial

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[00:07:00] Putting our podcast and newsletter together can get complicated. We had show notes in one place.

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[00:08:01] Part of what makes TikTok a compelling platform for marketing is its engaging content

[00:08:06] and a lot of that has to do with how sound is used in the app. TikTok says 73% of users will stop

[00:08:13] and look at an ad because of the audio used in it. As partly why the company's releasing a new

[00:08:18] audio feature called sounds for business voice clips. There are 18 voice over audio templates you can

[00:08:25] use in all your TikTok videos recorded by superstar TikTok creators like Devon Halbel,

[00:08:31] good children, satin sisters and very gay paint. These free tracks can add some of the platform's

[00:08:36] most recognizable voices to your brand's videos. They are of course pre-cleared in terms of rights.

[00:08:42] You can find all 18 templates in the commercial music library from the mobile app navigate to

[00:08:48] add sound and tap commercial sounds where you'll see discover favorites and playlists go into

[00:08:54] playlists to find sounds for business and select a track to get started. TikTok is also revealing

[00:09:05] some new analytics around what people are searching for on the app. They're calling it

[00:09:09] creator search insights and the idea is you'd be able to see what's trending and perhaps jump on

[00:09:14] board with your brand's own content. A screenshot from TikTok promoting the new feature shows three

[00:09:20] trending topics. The first one is a search for you left a pop print shaped hole in my heart,

[00:09:26] double glaze apple fritter and seawash denim. The items that it comes up with are pretty generic

[00:09:33] but luckily you can still drill down into specific topics closer to your brand's industry like sports

[00:09:38] or science. Quoting TikTok quote creators can see which topics are most popular based on a

[00:09:44] popularity score or the recommended topic label next to the search term. These topics have a

[00:09:50] high potential for engagement and creators can reference these labels as they shape their content

[00:09:55] strategies and chart their creative direction. Also, hopefully you can find so-called gap topics

[00:10:03] which are topics that are being searched for a lot but don't have many videos coming up as search

[00:10:08] results. This is something YouTube has offered since 2022. This is currently only available in

[00:10:14] some countries no word on when it will roll out globally. On the show tomorrow and new format for

[00:10:22] Reddit ads, some new sponsorship options on LinkedIn and big changes coming to Microsoft's ads manager.

[00:10:28] That's on the show tomorrow. I'm Todd Maffin, thanks for listening, see you then.