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Ep171-Google's John Mueller: Programmatic SEO is Spam
Episode 171 contains the notable Digital Marketing News and Updates from the week of July 24-28, 2023.1. Google and Microsoft Ad Revenue Up: What Does This Mean for Marketers? - Google and Microsoft both reported strong earnings for Q2 2023, with ad revenue growth outpacing overall revenue growth. Google's ad revenue was up 3.3% year-over-year (revenue increased by $1.85 billion from the previous year, while YouTube ad revenue was $7.67 billion, up from $7.34 billion in 2022), while Microsoft's ad revenue was up 8%. Google's ad revenue growth was driven by growth in Search and YouTube. Microsoft's ad revenue growth was driven by growth in Bing and LinkedIn. LinkedIn’s overall revenue increased by $197 million, driven by stronger interest in its Talent Solutions recruitment offerings. But LinkedIn saw a decline in overall ad spend in the most recent period, though Microsoft also reduced its overall marketing spend to offset this. On another front, LinkedIn is also still reporting that it has 202M+ users in United States.Based on LinkedIn’s reports from earlier this year, is that the platform has seen
A 22% increase in views of updates in the main feed year-over-year
A 25% increase in public conversations in the app YoY
Newsletter creation increased 10X in 2022
What you really need to know, however, is who of your target audience is active in the app, and for that, you can use LinkedIn’s Audience insights, and/or your company page analytics, to glean more info on your specific active audience. Taking into account that LinkedIn is seeing ‘record levels’ of engagement, these types of data notes can help to inform your strategy, and reach the people that are engaging with your business.2. Meta’s Ad Revenue Up 12% In Q2 - Meta’s ad revenue increased by 12% in the second quarter of 2023 compared to the year-earlier period, surpassing expectations.Advertising revenue for Q2 2023 was $31.5 billion compared to $28.2 billion in the same period in 2022. This success helped drive total Meta revenue to grow 11% year-on-year from $28.8 billion in Q2 2022 to $32 billion in Q2 2023.Meta’s Q2 2023 performance also showed impressive growth in user engagement.
Facebook’s daily active user count increased by 5% to reach 2.06 billion.
The number of monthly active users was 3.03 billion, up 3% year-on-year.
The “family of apps” category, which includes Instagram and WhatsApp, saw a 7% year-over-year rise in daily active users, totalling 3.07 billion.
The number of monthly active users in this category also increased by 6% to 3.88 billion.
This is the first time that Meta has achieved double-digit growth since the fourth quarter of 2021, with much of its strong performance driven by growth in ad revenue. This sends a clear message that digital advertising is bouncing back after it took a setback due to the economic downturn. Now, forecasters are predicting increased ad spend for later on in the year, which will create more opportunities for marketers.
3. Google: DSA And GDA Advertisers Should Upgrade To Performance Max - Google announced two voluntary upgrades to Performance Max for Dynamic Search (DSA) and Google Display (GDA) advertisers. The AI-driven platform optimizes performance across channels by allowing users to customize their inputs, making it more responsive to individual business needs. Advertisers have seen an average increase of 15% – 20% in conversions after upgrading to a