TAYLORS TOP FIVE TRENDS: December 6, 2024

TAYLORS TOP FIVE TRENDS: December 6, 2024

Facebook is now (kinda) paying regular people to use Facebook

  • Facebook has expanded its monetization efforts with ProMode for Profiles, allowing smaller-scale creators to earn revenue through in-stream ads. This feature enables users to access analytics, enhanced content distribution, and monetization opportunities if eligible, without needing a separate fan page. However, the specific eligibility requirements remain unclear, and monetization still appears geared toward those with some level of renown.
  • Phil Ranta, a creator industry veteran, showcased Facebook’s micro-creator monetization potential by earning $1.21 from a post about his son’s birthday that garnered 507 impressions. While the earnings were minimal, it highlights a shift toward enabling everyday users to monetize personal content. This development aligns with trends on other platforms like TikTok, where even creators with modest followings can generate income through features like affiliate marketing.
  • Although ProMode opens doors for smaller creators, many questions remain about its mechanics, including ad placement, platform integration, and eligibility thresholds. With over 100 million users already enabled for ProMode, the initiative holds significant potential to redefine creator monetization on Facebook. If widely adopted, it could create a "dopamine hit" economy, allowing regular users to earn small but impactful payouts for everyday posts.

Spotify Wrapped, TikTok—Maybe the Algorithms Are Losing Touch

  • This year's Spotify Wrapped received mixed reviews, with users describing it as "flat" and less dynamic compared to previous years. Many attributed the decline to Spotify's layoffs and increased reliance on AI-generated features like mini-podcasts and playlist curation. The shift away from more human-driven, interactive elements such as "Sound Towns" has led to a less engaging experience for listeners.
  • Other year-in-review offerings, such as TikTok's annual recap, were similarly underwhelming, with predictable insights that failed to surprise users. Critics argue that algorithms have become too focused on delivering surefire hits and repetitive trends, leading to a loss of spontaneity and creativity in user experiences. This reflects a broader sentiment that platforms may be losing touch with the organic, human aspects of their communities.
  • Increased awareness of algorithmic tracking has made users more self-conscious about their consumption habits, influencing the authenticity of year-end reports. Parents noted their Spotify Wrapped was dominated by their children's preferences, while others curated their listening habits to avoid showcasing embarrassing trends. These behaviors, combined with algorithms' limitations in identifying truly novel content, have contributed to a growing sense of dissatisfaction with year-end recaps.

Pinterest Publishes Trend Predictions for 2025

  • Pinterest’s "Predicts 2025" highlights 20 trend forecasts based on user engagement data, covering themes like “Fisherman Aesthetic” and “Castlecore.” The trends are visually represented through a dedicated mini-site, providing businesses with actionable insights to better connect with target audiences in the upcoming year.
  • To accompany the predictions, Pinterest is launching a week-long activation featuring over 20 exclusive trend-inspired products and experiences. These include items like 14-carat tooth gems and free mountain trips, offering users a chance to explore 2025's trends early, enhancing excitement and engagement with the platform.
  • With Pinterest boasting an 80% accuracy rate in previous forecasts, these trends are seen as reliable indicators of upcoming cultural shifts. By aligning marketing strategies with these insights, brands can potentially strengthen their relevance and outreach in the evolving social media landscape

TikTok partners with Nielsen to track cross-media ad campaign performance

  • TikTok has integrated with Nielsen ONE to enable advertisers to measure ad performance across digital, connected TV (CTV), and linear platforms. This partnership allows advertisers to directly assess TikTok’s role in audience reach and optimize cross-platform ad placements, addressing the challenges of fragmented media ecosystems.
  • Nielsen’s platform provides detailed cross-media analytics, helping advertisers substantiate the incremental value of TikTok within broader campaigns. This integration aligns with Nielsen’s ongoing efforts to deliver unified audience measurement, previously launched with partners like YouTube, Roku, and Amazon Prime Video.
  • By extending cross-platform measurement to TikTok, the partnership highlights the growing importance of leveraging diverse media channels for brand outreach. TikTok’s global head of Marketing Science emphasized the need for advertisers to expand beyond traditional channels, using data-driven insights to maximize engagement and effectiveness across platforms.

Federal appeals court upholds law requiring sale or ban of TikTok in US

  • A federal appeals court upheld a law requiring TikTok to either divest from its China-based parent company, ByteDance, or face a U.S. ban by January 2025. The court ruled that the law, aimed at addressing national security concerns, does not violate the First Amendment, emphasizing its intent to protect U.S. citizens from potential foreign data collection and content manipulation.
  • TikTok plans to appeal to the Supreme Court, arguing the law is based on speculative risks and would lead to censorship of over 170 million U.S. users. The company maintains that it has invested heavily in safeguarding U.S. user data and claims that divestiture would be commercially and technologically unfeasible, potentially severing the app's U.S. version from global content.
  • The ruling stems from bipartisan concerns about TikTok’s ties to China and its potential misuse for data collection and content manipulation. While the Biden administration initiated the legislation, some lawmakers, including President-elect Donald Trump, have expressed interest in facilitating U.S. ownership of TikTok to allow its continued use domestically. Meanwhile, investors and organizations are exploring alternatives for TikTok’s U.S. operations.

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