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2020/07/23

72% of Americans say social is too politically powerful

LinkedIn boosts revenue, engagement, but makes cuts | 3 vital elements of successful online storytelling | How employee advocates accelerated a B2B campaign
Created for ignoble.experiment@arconati.us |  Web Version
July 23, 2020
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The Big Story
Microsoft is reporting a 10% boost in revenue and 27% increase in user engagement for its LinkedIn platform during the past quarter with a total 690 million members. Despite that Q2 report, the social platform will lay off 6% of its global workforce this week amid a business hiring slowdown.
Full Story: Social Media Today (7/22),  CNBC/Reuters (7/22) 
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The Forrester Wave: TCMA 2020
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Connecting & Collaborating
3 vital elements of successful online storytelling
(#WOCinTech Chat)
Brand storytelling is an increasingly popular tool for boosting online attention because of its ability to emotionally connect consumers and brands, writes Danish Mehmood. He shares examples from leading storytellers such as Nike and Target and reminds PR professionals to concentrate on keeping stories, short, linear and visual.
Full Story: Glean Info (7/20) 
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Dell Boomi Chief Marketing Officer Mandy Dhaliwal talks in this podcast about the company's "Boomiverse" community of customer advocates and how employee brand ambassadors were integral to launch the brand's new positioning on social. "Our brand ambassadors are our staff," she says, adding, "If we don't believe in our technology, who will?"
Full Story: Ad Age (tiered subscription model) (7/22) 
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Pushpa Srivastava offers a comprehensive overview of how to increase Instagram engagement, spanning organic and paid campaigns, the acquisition of relevant followers, engagement tactics and performance measurement. "Always try to be as original and authentic on Instagram because that's the only way to stand out," Srivastava writes.
Full Story: Business 2 Community (7/22) 
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Platform News
Facebook equity teams to ferret out potential racial bias
(JOEL SAGET/Getty Images)
Equity teams are forming at Facebook and Instagram to watch for potential racial bias against Hispanic, Black and other minority users when it comes to algorithms tied to artificial intelligence and machine learning. "The racial justice movement is a moment of real significance for our company. Any bias in our systems and policies runs counter to providing a platform for everyone to express themselves," says Instagram's Vishal Shah.
Full Story: The Wall Street Journal (tiered subscription model) (7/21),  The Verge (7/21) 
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Retailers are appealing to changing consumer habits and the rise of e-commerce amid the coronavirus pandemic by "leaning in" to Snapchat, said CEO Evan Spiegel during a recent earnings call. The social platform has been enticing retailers and other businesses with shoppable games, augmented reality lenses and other new tools. However, while some brands say such promotions are less costly than competitive platforms, the return on investment isn't yet in line with Facebook or YouTube.
Full Story: Modern Retail (tiered subscription model) (7/23) 
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Measurement Matters
Report: Brand loyalty takes a hit during pandemic
(Pixabay)
Omnicom's Ketchum reports 45% of Americans have switched at least one brand allegiance during the pandemic and 62% expect brand preferences to be permanently altered before the end of the crisis. "Consumers who may have been unwavering in their commitment to specific brands in 2019 have been forced to try new brands and private-label products because of major breaks in the supply chain in 2020," says Ketchum Analytics' Mary Elizabeth Germaine.
Full Story: MediaPost Communications (7/22) 
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Pew Research Center reveals 72% of Americans think social platforms are too influential politically, which breaks down to 82% of Republicans and 63% of Democrats. Some 47% of Americans say social platforms should be subject to more government regulation, with partisanship being less of a factor.
Full Story: Adweek (tiered subscription model) (7/22) 
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Social Shareable
A video tweeted by former basketball player Rex Chapman that shows a dog running out of a house to give a horse a carrot from its mouth has attracted more than 2.1 million views. "Every morning this really good boy bounces out the door with a breakfast carrot for his best buddy," Chapman says in the tweet.
Full Story: India Today (7/22) 
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Brand storytelling enables brands to connect with audiences on an emotional level.
Danish Mehmood, writing for Glean Info
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