286 episodes

eCommerce, retail and creator economy news from BANKNOTES
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    • Business
    • 5.0 • 1 Rating

eCommerce, retail and creator economy news from BANKNOTES
Read more at banknotes.co

    Ugly ads don’t mean bad ads: Try these expert tips for high-intent ads

    Ugly ads don’t mean bad ads: Try these expert tips for high-intent ads

    Have you ever come across an ad while scrolling through TikTok that feels just like any other video on the platform—so much so that it hardly feels like you’re watching an ad?

    Do you know what makes these ads work so well? They’re engaging, follow popular trends, and, most importantly, feel as authentic as other online videos we see from our favorite creators.

    Unfortunately, many marketers avoid creating this type of content because it “appears ugly,” discounting the ad’s effectiveness.

    • 16 min
    How and why luxury fashion brands are focusing on sustainable alternatives

    How and why luxury fashion brands are focusing on sustainable alternatives

    Luxury fashion has a problem. According to McKinsey, the industry is responsible for over $2 billion in greenhouse gas emissions every year. That’s roughly 4% of the world’s total output.

    For added context, luxury fashion puts out the same amount of greenhouse gasses as France, Germany, and the UK. Combined.

    While these stats are horrifying, this issue isn’t only about the survival of the environment. It’s also a threat to the survival of luxury fashion brands.

    • 15 min
    Does it still cost 5X more to acquire customers than to retain them in 2023?

    Does it still cost 5X more to acquire customers than to retain them in 2023?

    Fun fact: “Adidas” does not stand for “All Day I Dream About Sports.” It’s short for Adi Dassler, the company’s founder.

    Yet, if you repeat a factoid often enough, it has a way of entering the zeitgeist. That’s especially true for statistics ringing with truth.

    Case in point: everyone knows it costs 5x more to acquire customers than to get customers to return. This factoid (this time in “10x” form) even appeared in “The Office,” when an intern attending business school at night quizzed hapless boss Michael Scott. The joke was that the branch manager didn’t understand a basic business fact.

    • 13 min
    SEO for social media (Yes, social media)

    SEO for social media (Yes, social media)

    “Google it.”

    It used to be one of the most ubiquitous phrases in search. Like Kleenex for tissues, Google is the brand nomenclature for an entire action. But now it may be one of new media’s next casualties.

    TikTok, Twitter, and other social media platforms are becoming the new search engine stars.

    This is partially by design. “Search it with TikTok,” says a recent TikTok ad in the UK. “Learn it with TikTok.” You can practically hear steam coming out of the ears (er, servers) over at Google and Bing.

    • 16 min
    Six creator couples share how they work together while in a relationship

    Six creator couples share how they work together while in a relationship

    Relationships, whether romantic, platonic, or familial, are essential for any human being to thrive. Even when these relationships are complicated or situational (see: situationships), they allow us to learn new things about ourselves, explore the parts of life outside our comfort zone, and ultimately help us evolve as individuals.

    Back in my day, when it was time to announce a new relationship, we would take to Facebook to change our single status. Something about that “in a relationship with” update really felt like a major life achievement. Nowadays, we’re seeing Instagram girlies soft launch their significant others by teasing Story posts of someone’s left shoulder or a Diddy-cropped photo with just their person’s eyebrow visible. Only the official couples get to revel in the celebratory relationship hard launch.

    • 18 min
    What is the future of the creator and influencer economies?

    What is the future of the creator and influencer economies?

    Who knew something as simple as fresh dough could attract video views? It’s not a trick question. In applying surgical precision to its creator campaigns, KitchenAid nailed it.

    KitchenAid had access to first-party data from Trusted Media Brands. Two-thirds of TMB’s reader panel, for example, owned stand mixers. TMB’s readers were four times more likely than average to categorize themselves as a “holiday enthusiast.” And 55% of a Taste of Home kitchen survey respondents were looking for helpful kitchen appliance content.

    Enter the Mixing and Mingling holiday campaign, which combined all of this data with the power of the creator economy. Taste of Home’s influencers offered recipes and recorded video stories sharing their favorite KitchenAid stories. For Elena Besser, that was the pasta-maker extension, which she tied into a story of using food as her love language.

    • 22 min

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