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Issue 517
June 13
 
 
 
 
 
Media
Advertisers worried about misinformation, use platforms anyway
Source: IAS

In a recent report "Misinformation and Media Quality" the IAS shows that social and mobile are the most worrisome for bad content but are also the most used with no indications they are at risk. This highlights what advertisers are worried about vs. what works for them. 

$400 Billion by 2024
 

Projections show the US ad market topping $400 billion by 2024:

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Image adapted for email from IAS source
 
Social Top Channel
 

Social and mobile are the top channels. The report indicates that while 49% of brand marketers prioritize social just under 40% of "agencies, publishers, and adtech experts" agree.

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Image adapted for email from IAS source
 
Social Top Channel, Unfortunately
 

The top channels for usage are also the top channels for misinformation, likely because of their popularity and open nature. 

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Image adapted for email from IAS source
 

This report has a lot more information about the types of misinformation and what companies are doing about it. Grab a copy if you want to compare what marketers say vs. what they do.


Read the full story from IAS
 
 
 
 
Social Media
US leads in influencer market
Source: Nielsen

Nielsen put out a report on influencers. While the company is struggling with it's reputation regarding TV measurement, at least they are trying to branch out into digital.

US Has the Most
 

The US, followed by Brazil, has the most influencers in terms of raw numbers and the volumes drop off sharply.

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Image adapted for email from Nielsen source
 
Sizes Shift by Platform
 

Influencer sizes shift significantly by platform with Instagram leading in the Nano market. These smaller influencers obviously have less reach but they tend to have higher engagement and trust.

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Image adapted for email from Nielsen source
 

Influencers do skew younger though (grab the report to see how much younger). Pharma brands do need to consider their audiences before diving in to influencers marketing, but for those that can it's a great place to be. 


Read the full story from Nielsen
 
 
 
 
Agency
Klick Health #1 in MM+M rankings
Source: MM+M

This year MM+M wanted book covers for the agency Top 100. The creatives in the industry didn't disappoint. Neither did Klick's ranking as we're still #1 for the sixth straight year.

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Image adapted for email from MM+M source
 

The reason for this is our focus on people:

This manifested itself during the tumult of 2021 in what co-president Ari Schaefer calls “a relentless focus on our people.” Klick ended the year with 1,498 people in its full-time employ, up from 1,156 just 12 months prior, and [CEO Lori Grant] believes that a lion’s share of the company’s success is attributable to its intellectually and emotionally engaged staff.

 

No story about Klick's passion for our people would be complete without a link to our careers site. Click it, you know you want to (don't address the audience, but fair comment -Ed.).


Read the full story from MM+M
 
 
 
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Search
Cookie worries driving social & search
Source: Loyalty Research

A study of 175 Fortune 500 companies went deep with both quantitative surveys and qualitative interviews. 19 of the respondents were from healthcare but this data doesn't get split out much in the report.

Search & Social Top Usage
 

Search, both organic and paid, as well as social are the top used channels for the Fortune 500. Email marketing is only at 54% and this workhorse channel needs more respect (biased opinion -Ed.). Healthcare is highlighted as using social but no numbers are provided, and it's n=19.

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Image adapted for email from Loyalty Research source
 
Search & Social Top Growth
 

When asked how they are reacting to a cookieless future, the Fortune 500 are turning to the walled gardens. Search and Social have by far the most love from marketers who are looking to increase investment.

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Image adapted for email from Loyalty Research source
 

Read the full story from Loyalty Research
 
 
 
 
Social Media
Want brand mentions? Just ask.
Source: Tint

This story from Tint looks at some examples of brands asking for customer mentions, often through the usage of hashtags. This example from Delta even claims usage rights for this content but we don't recommend pharma go that far... please reach out to your hand-raisers before using their content.

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Image adapted for email from Tint source
 

The 2014 FDA guidances say that pharma is only responsible for user generated content if they influence it. The actual text reads:

FDA will not ordinarily view UGC on firm-owned or firm-controlled venues such as blogs, message boards, and chat rooms as promotional content on behalf of the firm as long as the user has no affiliation with the firm and the firm had no influence on the UGC.

 

So long as the call for content doesn't influence the results (such as pre-loading a share with brand and condition) then this content has been deemed acceptable by most brands.


Read the full story from Tint
 
 
 
 
Market Research
ESG matters to employees
Source: Reptrak

A new report from RepTrak looks at how citizens view companies on their Environmental, Social, and Governance (ESG) reputations. There is a link between these perceptions and willingness to buy:

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Image adapted for email from Reptrak source
 

It's not just customers that care about this reputation, employees do too. In the time of "the great resignation" companies need to pay attention to their reputation for recruiting:

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Image adapted for email from Reptrak source
 

If corporate reputation is your bag then grab a copy of this thoughtful report.


Read the full story from Reptrak
 
 
 
 
Market Research
ESG is important, but price dominates
Source: eMarketer

As a counterpoint to the RepTrak report, this one from eMarketer shows all influences together. While ESG is important, price dominates across all demographics, especially older ones. 

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Image adapted for email from eMarketer source
 

Read the full story from eMarketer
 
 
 
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Media
Podcasts more engaging
Source: The Guardian

The Guardian conducted some research on podcast advertising and the results show how much more engaged these audiences are. 

More Podcasts
 

The number of UK citizens listening to podcasts has increased significantly from 2021 and more than other channels:

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Image adapted for email from The Guardian source
 
65% of Listeners Pay Attention
 

When asked if they paid attention to ads, UK citizens said yes to podcasts:

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Image adapted for email from The Guardian source
 

But don't take the citizens' word for it. The Guardian did some biometrics studies and found spikes in arousal at the start and end of a podcast ad.

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Image adapted for email from The Guardian source
 

This data is from across the pond but it still has some applicability for US audiences.


Read the full story from The Guardian
 
 
 
 
Media
Spotify and Apple own podcasts
Source: Pulsar

Pulsar looked at the podcast market and reported on some general data. The top podcast sources are Spotify and Apple:

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Image adapted for email from Pulsar source
 

When it comes to advertisers, Amazon is the leader. This is likely not because Amazon is trying to drive awareness (seriously, who doesn't know about Amazon) but instead reflects the volume of affiliate links that get shared. 

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Image adapted for email from Pulsar source
 

Read the full story from Pulsar
 
 
 
 
Social Media
B2B and B2C differences in social
Source: Social Media Examiner

Facebook is still dominant in social marketing but Instagram and LinkedIn are closing fast. Social Media Examiner released their 14th annual industry report and it has some interesting findings.

94% Facebook B2C
 

94% of B2C marketers are still using Facebook and looking at the report it's no wonder why, the largest social network still delivers.

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Image adapted for email from Social Media Examiner source
 
85% Facebook B2B
 

Facebook still leads in B2B marketing as well. This time though we see LinkedIn rising to second from fourth place.

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Image adapted for email from Social Media Examiner source
 
Favorites Differ
 

When asked about their most important platform, however, B2B marketers chose LinkedIn over Facebook.

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Image adapted for email from Social Media Examiner source
 

Grab a copy to get a snapshot of what social marketers, mainly from smaller companies, think about the platforms.


Read the full story from Social Media Examiner
 
 
 
 
Social Media
Reddit accelerates move to mobile
Source: Adweek

A story in Adweek looks at how Reddit is advancing for 2022 and it looks to be moving strongly toward mobile.

For Redditors who prefer using the older web platform, referred to as Old Reddit, it will continue to be supported with updated safety features and bug fixes, but new features such as Reddit Talk will not be added to that experience. Bhat said 60% of actions by moderators still take place on Old Reddit.

 

Some of the improvements being made:

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Move to mobile-first experience

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Make post rules more obvious and in-experience

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Addition of more languages

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Improvements to the video player

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More user control over the algorithm

 

Reddit looks like it is trying to position itself as the alternative to Twitter and Facebook as these platforms experience headwinds. Marketers should definitely keep tabs on it.


Read the full story from Adweek
 
 
 
 
mHealth
Only Apple still grew in wearables for Q1
Source: FiercePharma

Comparing year-over-year only Apple grew in wearable shipments at 6.6% according to IDC.

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Image adapted for email from FiercePharma source
 

For a highly discretionary product like this it makes sense as inflation and economic uncertainty abounds. The holiday season for 2022 will be the true litmus test.


Read the full story from FiercePharma
 
 
 
 
 
 
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