Hi everyone,
In this week's edition of Kavanah Media's Weekly Marketing Rundown, we'll talk about changes to location targeting on Google Ads, a likely TikTok ban in the United States, and more. Let's dive in.
Google is in the process of developing a two-hop proxy for Chrome users aimed at enhancing user privacy, but this move introduces significant implications for advertisers. The proxy, which masks user IP addresses to protect their identities, has three major consequences:
First, it restricts ad location targeting to only broad regions predefined by Google, resulting in less precise targeting capabilities. Second, as it obscures user identities, advertisers will face challenges distinguishing between genuine users and bot traffic. Third, Google’s control over the collection of location data may lead to increased costs for advertisers as the company could monopolize valuable geolocation insights.
This development is pivotal as the two-hop proxy will be exclusive to Chrome, granting Google a monopoly over this advanced privacy feature. Competing search engines will lack access to similar data, potentially sidelining them in the search ad market and impacting competitive dynamics. Google justifies the use of IP-based geolocation within this framework to comply with local regulations and to enhance content relevance, including geo-targeting for ads. However, while user data will be more private from advertisers, Google itself will still access this data, raising concerns about true privacy.
For more on this, click the link below:
President Biden has signed a significant legislative package that includes a clause potentially leading to the ban of TikTok in the U.S. unless its Chinese owner, ByteDance, divests its stake within the next 9 months. The requirement for ByteDance to sell its stake in TikTok stems from concerns that the Chinese government could access the personal data of millions of U.S. TikTok users. If ByteDance fails to sell, TikTok could face a ban, significantly impacting the platform's operations and its large user and business base in the U.S.
TikTok has ~170 million users in the U.S. and has become a huge piece of many marketers' digital strategies. Barring any big developments, it'll be business as usual for TikTok advertisers for the remainder of the year. However, if the result of this ends up being a ban, most TikTok users will likely shift to watching content on Reels and YouTube Shorts, though some other platforms could certainly compete. TikTok has already said they will be launching a legal battle against this legislation.
For more on this, click the links below:
https://www.fastcompany.com/91112180/what-u-s-could-learn-indias-tiktok-ban
Meta's Threads has recently surpassed 150 million monthly active users, showing significant growth from 130 million in just two months. Meta originally planned to introduce paid advertisements on Threads only after reaching a user base in the hundreds of millions, but recent reports indicate that this could happen much sooner, possibly within the second half of this year. The acceleration in advertising integration reflects Meta's confidence in Threads' growth trajectory and its potential to reach 200 million users by October.
For more on this, click the link below:
https://www.socialmediatoday.com/news/threads-now-up-150-million-monthly-active-users/714239/
Thanks for reading this edition of Kavanah Media's Weekly Marketing Rundown! For more up-to-date insights in digital marketing, make sure to follow us on our social media channels using the link below.
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Author: Sean Ralls
Article Published: April 26th, 2024
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