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This type of surcharging will likely mean higher prices for affluent, higher-spending cardholders. This won鈥檛 make sense to most businesses that cater to them. The settlement does provide merchants a more user-friendly route: offering customers incentives for using other forms of payment.

Over two-thirds of UK consumers would like to see celebrities and influencers talk more about their skin care concerns, as well as normalize showing skin without heavy makeup or filters, per Appinio. Gen Zers are the best target for beauty campaigns. Only 32.7% of UK adults have bought a skin care product because of ads or influencer sponsorships, per Appinio.

It has an annual run rate of about $10 billion now, which is actually slightly ahead of what we had forecast for TikTok's ad revenues in 2022. And Meta also said that about 75% of their advertisers are now also using Instagram Reels. It also has a strong influencer hold. Instagram is the top influencer marketing platform.

You mention in the piece revenue, struggling might X's ad revenues have fallen 50% since Elon Musk bought the company nearly two years ago. Also during that time, we estimate that daily time spent on the platform is down 14%. That is all we have time for for this episode. Thank you so much, Jeremy, for hanging out with me today. Jeremy Goldman (19:29):. Pleasure, as always. Marcus Johnson (19:30):.

Within a few years, Netflix and Amazon Prime Video will likely be the leaders in sub OTT ad revenues.

US ad revenue growth will hit 8.8% this year on LinkedIn for a total of $3.95 billion, and will accelerate in 2024 to 15.1% growth, per our forecast. Job insecurity is sending young users to LinkedIn, while tight budgets are keeping B2B advertisers focused on LinkedIn, where they know they can target the right audience.

Collaborate with community clinicians and relatable medical influencers to share vetted information via neighborhood social groups and local media outlets, reducing reliance on polarizing national institutions. For younger consumers who are highly influenced by social media and more regretful, corrective messaging should be brief and not overly complex to capture short attention spans.

TikTok is democratizing the influencer game. 鈥淲hat TikTok does really nicely is peer-to-peer marketing. It feels much more like a community recommendation, so people are much more open to then trying those products,鈥� said Perkins.

蘑菇AV a fifth of 18- to 34-year-olds are watching beauty routine and tutorial videos鈥攁nd looking up specific influencers and creators to research and evaluate new products, according to our survey with Toluna.

That's my problem with influencers is influencers have a big audience and they're always broadcasting out to that audience, but that audience may or may not be in the market for a new bank account. So why are influencers a valuable tool for this? Tiffani Montez:. I would say influencer are a valuable tool just given the amount of trust that Gen Zers place on influencers.

The trend: Gen Z isn鈥檛 afraid to spend and members of the generational cohort are increasingly able to do so as their buying power increases. Roughly three in four Gen Z consumers would rather feel fulfilled now than save for the future, per an Intuit survey.

Today's story is a May 17th one from The New York Times titled For Gen Z, Playing an Influencer on TikTok Comes Naturally. Young people are unsurprisingly changing social media as they have since social media started, and Gen Z influencers are reshaping marketing strategies, driving cultural trends and influencing younger audiences, specifically on TikTok.

Reaching new generations: Given younger shoppers鈥� affinity for virtual experiences, it鈥檚 no surprise that most retailers鈥� initiatives in the space focus on reaching those consumers, either by setting up shop on the platforms where they spend the most time鈥攍ike Roblox鈥攐r by leaning into elements like gamification and influencer partnerships to increase visits and time spent.

On today's episode, we discuss why the US is considering a TikTok ban; where influencers, users, and advertisers will go if there is one; and how marketers can prepare. "In Other News," we talk about what Meta's latest job cuts say about the company and what its plans look like for a Twitter rival. Tune in to the discussion with our analyst Jasmine Enberg.

They need ways to stay in the spotlight, and they need other ways to keep revenues up. And I think that's why we're seeing a lot of celebrities boosting their own CPG items right now. Like the Vanessa Hudgens' Cali Water. Blake Droesch:.

Black audiences in the US spend about 81 hours with media per week, 12 hours more than the total population. TV accounts for over half of this time, with consumers ages 50 and younger leaning toward connected TV (CTV), while those 65 and older spend nearly 55 hours a week with live TV.

There have been articles on CNN, on The Wall Street Journal and then Times all about how prices are going go up, but also on TikTok and a lot of influencers urging people to buy stuff now before the price goes up.

When they do buy and browse online, millennials are looking at brand accounts rather than influencer or retailer accounts, according to Klarna. Influencer culture is often considered a millennial concept because that鈥檚 where it began, but millennials are more comfortable with the info delivered from brands. Don鈥檛 sink your full social budget into creators.

Today鈥檚 podcast episode of The Banking & Payments Show examines if the financial services sector should leverage social media influencers. In 鈥楽tory by Numbers,鈥� we discuss how the majority of users have seen someone reviewing or recommending financial products on social platforms and what this means. In 鈥楩or Argument鈥檚 Sake,鈥� we argue nicely about whether the risks of using finfluencers outweigh the rewards. Listen to the conversation as host, Rob Rubin, welcomes analysts Jasmine Enberg and Lauren Ashcraft to the podcast.

Gen Z鈥檚 social media use amplifies the indirect impact that influencers and social communities on TikTok, Instagram, and YouTube will have on banks. Gen Z鈥檚 assets are large and rising. Gen Z had $360 billion in disposable income in 2021, per a November 2021 Gen Z Planet study based in part on the most recently available US Bureau of Labor Statistics data.

Let's talk about some of the platforms that folks are using for the influencer strategies. How is the landscape changing in terms of the platforms used by marketers for influencer marketing? Jasmine Enberg:. So Instagram is by far the number one platform used for influencer marketing. And I think you're going to bring up another report that I recently wrote about influencer marketing by platform.

On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the preferred shopping channels for Gen Z shoppers, what gets teens to buy, and which innovations in payments will influence spending. Then for "Pop-Up Rankings," we rank the top four brands that will have staying power with teens come 2025. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Blake Droesch.

UK shoppers spend an average of 18 minutes on Temu a day, per July 2023 Global Wireless Solutions data鈥攃ompared with just eight minutes each on Shein and Amazon. The company is also splurging on advertising. In the UK, Temu is spending more on pay per click than any competitor other than Amazon, according to Similarweb.

While most consumers currently go to Amazon when they have a specific product in mind or need something fast, a larger social media presence could put the retailer in a position to unlock more revenues from impulse purchases鈥攚hich happen to be the primary drivers for TikTok Shop鈥檚 growth.

Team up with YouTube influencers to create branded videos. Where regulations allow, banks can collaborate with influencers who are Gen Alphas: Toy reviewer Ryan Kaji has over 36 million YouTube subscribers, while 10-year-old personality Like Nastya boasts over 100 million, per Forbes. Leverage product placement in shows and films most popular with Gen Alpha.