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  • Weekend Digital Media Round-up:  Google’s new tools for advertising models, Amazon’s shoppable stickers, Pinterest’s autoplay video ads, Google Attribution and more…

    Weekend Digital Media Round-up: Google’s new tools for advertising models, Amazon’s shoppable stickers, Pinterest’s autoplay video ads, Google Attribution and more…

    1. Google Confirms It’s Rolling Out New Reviews Format For Hotels

    Google has confirmed with Search Engine Land that it is now rolling out a new user interface and feature set around local reviews for hotels. Earlier this month, we saw Google begin testing new hotel reviews features, and now Google has begun to roll them out.  (Source: Search Engine Land)

    1. Taboola’s Grid Of Recommended Stories Is Now An Infinite, Scrolling Feed

    Taboola, the grid of content discovery that appears at the end of many online stories, is today giving publishers the option of using a continuous scrolling feed. CEO and founder Adam Singolda told me that this launch represents “a whole new Taboola. (Source: MARTECH TODAY)

    1. Amazon Introduces Shoppable Stickers To Its iOS App

    The social networking apps like Instagram, Facebook, Twitter, and Snapchat have redefined the way people communicated through chat. The addition of several stickers has made talking more fun as well as there is an animation to express almost every feeling. (Source: Logicserve Digital)

    1. Pinterest Introduces Autoplay Video Ads, New Opportunities for Video Ad Exposure

    Now, when you scroll through your Pinterest feed, video content will autoplay – previously, with Pinterest’s Promoted Video and Cinematic Pins, video content would move as you scroll, but not play as such, just shift in response to your movement. (Source: Social Media Today)

    1. Google Sets Up New Tools To Power Up Its Advertising Model

    Google is expanding its local ad efforts and its store visits technology to video, allowing consumers to discover nearby retail outlets, leading to a direct path from a video ad to shopping offline. It will also help advertisers track the offline effectiveness of their video spends. (Source: Brand Equity)

    1. Google Is Extending In-Market Audience Targeting To Search Campaigns

    Google is continuing to extend its audience targeting capabilities into Search. The company announced Tuesday that In-market audiences, currently only available for Display Network and YouTube campaigns, will be coming to Search campaigns. (Source: Search Engine Land)

    1. Instagram Introduces Story Search for Locations

    In the purview of Snapchat adding the new search functionality for the stories, Instagram follow suits, and it is now giving the users the ability to search stories based on location and hashtag through their Explore section. (Source: Logicserve Digital)

    1. Types of Google AdSense Policy Violations & New Page Level Policy Action

    Google stopped serving ads on the whole site that violates AdSense policies. Google will now remove ads only from a particular page that violates Adsense policy guidelines. Having said so, Google will impose Site level actions if needed. (Source: SEO in Short)

    1. At IAB Programmatic Symposium, digital advertising looks to grow up

    About 80 percent of all online advertising is now programmatic, a status that would be cause for celebration of technological progress in any other industry. But, as Barrett and other speakers pointed out, any other industry wouldn’t have brands wondering how much their ads actually cost. (Source: MARTECH TODAY)

    1. ‘Give credit where it’s due’ says Google, as it launches Google Attribution- a free tool for marketers

    Tech giant Google has just made some key announcements at Marketing Next – its annual event where the company unveils its latest innovations for ads and analytics with insights and trends across mobile, analytics, video and platforms. (Source: AFAQS)

    EXPERT OPINION

    Q.Influencer marketing is a big buzz word right now, how do brands measure their ROI?

    Measuring the ROI of your influencer marketing activities mainly depends on the digital brief and the objective of the activity.   Influencer marketing is here to stay, as per a report from ion.co 70 percent of teenage YouTube subscribers trust influencer opinions over traditional celebrities. These influencers play a vital role in the audience’s buying decisions. However, every brand should have their objective set. You can use any of the following goals to measure ROI:-

     

    • If the goal of your activity is Visibility– 71 % of consumers are more likely to make a purchase based on a social media reference. Hence, it is vital to have social media and blogger influencers who also have a wider audience base along with Google Analytics on their blog. This will enable brands to know if the impressions are targeted well, along with the right communication tone
    • If the goal of your activity is Engagement– 86 % of women turn to social networks before making a purchase. Hence, Influencer marketing also is a good tactic to engage with audience. The most vital aspect is cost-per-engagement. It can be measured in the amount spent per like, comment or video view or click through, etc. Engagement is a strong indicator of how consumers perceive the brand. This insight can be used to create brand loyalists in the long run
    • If the goal of your activity is  revenue –   51 percent of marketers say that video content produces the best ROI.  Tracking revenue is quite easier than you think. These three ways can help brands-
    1. a)Use an Affiliate Link:  The unique affiliate link will help you in tracking online sales that are made through either blog posts or social media platforms.
    2. b)Use a promo code: A custom promo code will help with tracking the impact of your campaign
    3. c)Use Google Analytics: Create an event to keep a track on user journey. You can see which of your customers visited your site (e-commerce) from an influencer’s social and blog platform

    Gaurav Chopra, VP, Internet And Mobile Association of India

  • Weekend Digital Media News Roundup: Is Google Testing New Mobile Search Interface, Amazon’s Digital Day, Can Tweets Be Edited, 2017 Trends & More…

    Weekend Digital Media News Roundup: Is Google Testing New Mobile Search Interface, Amazon’s Digital Day, Can Tweets Be Edited, 2017 Trends & More…

    Logicserve Digital brings to you a curated round-up of important digital marketing updates this week. For further queries, you can write to us at: newsbulletin@logicserve.com

    1. Google Tests New Mobile Search Results Interface?

    Looks like Google is testing yet another Google user interface for the mobile search results. Tejas Thakkar posted a screen shot of the test on Twitter showing search snippets showing the URL (or breadcrumb) at the top, then the title/headline, followed by the snippet/description. (Source: Search Engine Roundtable)

    1. Amazon Launches Digital Day, A New Sales Holiday For Digital Products

    Over the past two years we’ve seen Amazon excel at creating demand for Prime Day, a Amazon-generated sales holiday. This week Amazon is launching a new sales day on digital media dubbed “Digital Day.” (Source: Marketing Land)

    1. Four Essential Content Marketing Tips To Help You Thrive In 2017

    Content marketing tactics are constantly evolving. Moreover, every brand is different and calls for different content marketing strategy; thus, it is imperative for digital marketers to determine what works well for their brand and what does not, so as to evolve their own digital marketing strategy. (Source: Logicserve Digital)

    1. Google Launches A New Look For Recipes In The Mobile Search Results

    Google has launched a new look and feel for the recipe search results done over a smartphone device. Alex Chitu first noticed the change that shows richer images and content for recipe-related queries. (Source: Search Engine Land)

    1. 2017 Global Consumer Trends Marketers Need to Know

    While the U.S. election brought some new attention to the power of rural residents, there is no denying the fact that the globe continues to urbanize. A projected 55% of the planet’s people are forecast to live in cities next year. (Source: Ad Age India)

    1. How To Improve Website Conversion Rates?

    The term ‘conversion’ not only implies ‘sales’ but also refers to the specific actions of online visitors on your site such as— purchasing a product, subscribing to your emails, downloading a whitepaper, or filling out a contact form. (Source: Logicserve Digital)

    1. Twitter Introduces Live 360 Video On Twitter And Periscope

    At Twitter’s recent #WhatsNext event – in which they outlined the future developments coming for the platform – the company’s VP of Ad Development John McFarland noted that they were working on 360 video. (Source: Social Media Today)

    1. Amazon Begins Testing Product Listing Ads On Adwords

    In 2012, Google’s Product Search was transformed from an organic product search tool into a pay-to-play shopping destination. Since the removal of Product Search, Amazon has not participated with Google’s Product Listing Ads. (Source: Search Engine Land)

    1. Could Editing Be Coming To Tweets?

    You think you’ve crafted the perfect Tweet. You hit the big blue button to set it live — only to realise you’ve made an “unpresidented” typo. Editing is something many of us would like to see on microblogging social network Twitter. (Source: CNET)

    1. Duolingo Goes Social With Language Clubs For Mobile App

    Duolingo is getting social. Yes — the language learning app just debuted Language Clubs, which encourage users to share their learning achievements with friends. Adding a bit of competition to the mix, users can also check out weekly leaderboards. (Source: Media Post)

  • Arvind in talks to acquire Freecultr

    Arvind in talks to acquire Freecultr

    Arvind in talks to acquire Freecultr from Adage India

    Currently, the textile-to-retail conglomerate is conducting due diligence of Freecultur

    Arvind is believed to be in an advanced level of talks for acquiring the Sequoia capital-funded Freecultr, an ecommerce company. According to the sources, Arvind is currently carrying out necessary diligence of the online lifestyle brand and may close the deal in a few months.
    There is a possibility of Freecultr being acquired by Arvind Internet, the online arm of the group. The co-founder, Freecultr called the news, speculative, while the official spokesperson of Arvind Internet refused to comment.

    The ecommerce company started off as a lifestyle brand in 2011, it recently launched a new platform called “Freecultr Express”.  The portal allows any individual to create, sell and market their t-shirts online through the company’s site without any additional charges that would involve logistics, operations or inventory costs. Alongside, the creator also gets commission for sales they make.

    Ref:  https://goo.gl/tx5jMR

  • News: Tolexo To Raise Rs. 100 Crore From Indiamart By March 2016

    Tolexo-to-raise-Rs 100 cr from Indiamart @LogicserveDigi

    India’s largest online marketplace, IndiaMart, plans to fund Rs. 100 Crore to Tolexo for its business operations and brand building activities by March 2016

    Tolexo is an online store, one of the largest marketplaces for office and industrial goods and supplies.

    Dinesh Agarwal, IndiaMart Founder and CEO said that the company has already invested USD 10 million (approximately Rs. 65 Crore) in the current financial year and they are committed to fund Rs. 100 Crore more.

    Agarwal further said that Tolexo was formed to keep up the sale and purchases of the companies listed on IndiaMart with special focus on business goods and related accessories.

    He added that to give a strong push to the Tolexo business, IndiaMart has also spent on creating a good team of leaders. There are new recruitments at the top managerial levels which includes Prateek Chandra as CFO, who worked earlier with Fever FM and Harsh Kundra as Chief Technology Officer who previously worked with Jabong.

    Out of Rs. 100 Crore, Tolexo will shell out Rs. 25 Crore in making digital product catalogue that is generally sold by SMEs, especially for those who hardly have any exposure to brand building exercises. Another Rs. 25 Crore are earmarked for employee salaries and the balance Rs. 50 Crore will be utilised for company branding.

    Reference: https://goo.gl/3wO6wt

     

    Related posts:

    E Commerce news: Paytm’s founder may dilute 1% stake to fund payment bank operations

    Snapdeal Eyeing to Raise Rs. 2,000 Cr for FreeCharge

     

  • News: Zomato Enters the Last-Mile Delivery Business with Zomato Order

    Zomato search and delivery app

    Zomato, restaurant search and delivery app has now with Zomato Order has entered its last-mile delivery business by enabling restaurants from every corner of India to deliver food at the customer’s home.

    Due to shortage of manpower not every restaurant can provide home delivery services. Considering this, Deepinder Goya, the Founder & CEO of Zomato said that they have now joined hands with Grab, Pickingo and Delhivery to get on board all the restaurants who do not provide home delivery services.

    He further says that customers can now order food from five star restaurants too, which was outside the confines of home delivery. Zomato already has few five star restaurants on board and plans to add around 500 restaurants every week.

    Zomato further promises to see to it that the price of the food ordered remains the same. The services will be initially available in 5 cities – Mumbai, Delhi, Hyderabad, Pune and Bangalore.

    Goyal says that at present only 40% restaurants are able to deliver food at home and Zomato wishes to take the percentage up to 90%.

    Reference: https://goo.gl/7aGDgt

  • Online retailers will now verify your identity before shipping goods

    Online retailers verify identity flipkart
    Online retailers verify identity flipkart

    Online retail giants – Flipkart and Snapdeal are in talks with companies that can help them to verify the identity of the consumers before they dispatch the orders.

    This step was the consequence of the huge losses worth crores of rupees suffered by ecommerce companies on account of false mailing addresses.

    The identification is done through credit card information and mobile number to enable security, according to Chirag Bakshi, Chief Executive of Zumigo, a start up backed by Intel Capital and Wells Fargo.

    Zumigo plans to tie up with telecom companies to identify whether the customer is at the location before delivering the goods in case of COD (cash-on-delivery).  Information from telecom companies will help Zumigo to reduce its delivery costs, however might find it difficult to tie up with Credit Bureaus in India that are regulated under Credit Information Companies Regulation Act. The act unable them to share information with organizations other than specified users.

    Reference: https://goo.gl/jbLZhF

  • News: Funds-Rich E-Commerce Players to Spend Heavily On Ads This Festive Season

    Rich E-Commerce companies spend more this festive season

    The rich ecommerce players are looking to spend around 20-30% this festive season, with ad rates inclined to rise by 10-15% with an aim to entice more consumers than the year before when they branched out Rs. 1000 Crore.

    Paytm that had spent just about Rs. 60 Cr last year, jumps almost five fold today by lining up Rs. 300-Rs.400 Cr. Vijay Shekhar Sharma, Paytm founder justifies that as the consumer spending goes up during the festive season, so does the frequency of promotions.

    Raj Nayak, the CEO of Colors, Viacom 18’s entertainment channel is certain that ecommerce players will spend more in the wallet companies.

    Revenue and Strategy Director of HT media, Arun Anant confirmed that the ad rates are likely to rise by 10% and the advertising spends is expected to observe 50% jump.

    Last year Amazon India and its rival Flipkart had spent close to Rs. 200 Crore and Rs. 175 Crore respectively during the festive season. This year too, the ecommerce giants hope to gain higher from the opportunities festive season brings with it.

    Reference: https://goo.gl/VRUD1r

  • News: Ping – The New Flipkart In-App Chat Feature Launched

    Flipkart In-App Chat Feature Launched

    Flipkart, the online retail giant launched ‘Ping’ a new in-app chat feature that allows users to chat with each other, share product images, wishlists, carts, and also create groups (similar to whatsapp) with their phonebook contacts while they shop.

    The idea behind launching this feature, according to Punit Soni – Flipkart’s Chief Product Officer, is to make shopping fun in real life terms by changing the otherwise isolating experience with this app.

    Snapdeal, another leading online retail giant, last month also launched ‘Shopo’ a new inbuilt chat app that allows buyers and sellers to interact with each other.

    According to Soni, there is a huge shift in the way people use internet since 2007, where about 41% ecommerce happens on smartphones. The number of people buying cheap smartphones has increased, while shopping and message remains the primary things they do. Among 50 million Flipkart users, about 70% of them prefer to shop on their mobile app.

    Reference: https://goo.gl/p0Nn4K

  • News: Every 30 Seconds, Ecommerce Generates $1.2 Million – Assocham-Deloitte Study

    Ecommerce generates 1.2 m every 30 sec @LogicserveDigi
    According to a joint study by Assocham-Deloitte, after every 30 seconds the global ecommerce industry generates around $1.2 million where the larger chunk of the revenue of the sector is cornered by social media platform.

    Every half-a-minute Facebook, Pinterest and Twitter contribute US $5483, US $ 4504, and US $ 4308 respectively to $ 1.2 million figure.

    The study says that ever increasing social media reach across every corners of the globe makes it the most suitable platform to generate online sales and build brand awareness.

    General D S Rawat, Assocham Secretary said that to motivate customers e-tailers have started encouraging reward points, feedback on social networks, along with direct links to the websites. They have become the most popular features of social commerce to the leading ecommerce websites.

    Payment gateways have reduced the chances of theft and frauds, as it helps the e-tailers get instant payments instead of COD (cash on delivery) payments.

    The study adds that, ecommerce applications available on smartphones have helped to drive sales and revenue. 50% of the revenues of ecommerce giants like Amazon, Flipkart and Jabong are generated due to the customers shopping on their smartphones.

    Reference: https://goo.gl/doyQyH

  • News: $500 Million Deal Step Up Snapdeal’s Valuation to $ 4.8 Billion

    Snapdeal raised fresh funds worth $500 million @LogicserveDigi

    Snapdeal, one of the ecommerce giants in India, announced that it has raised fresh funds worth $500 million, in the funding round led by the Alibaba Group, the Chinese e-commerce, existing Softbank group and Foxconn Technology Group.

    According to the documents filed by Taiwanese contract manufacturer Foxconn unit, FIH mobile, after raising the fresh funds the Snapdeal is valued at $4.8 Billion.
    Foxconn will buy a combination of the existing and new shares for a stake of 4.27% and shares worth $200 million ($150 million for 3.11% stake and $ 50 million for 1.16% stake from ebay Singapore services pvt. Ltd.)

    Its other existing investors who participated in the round include Blackrock, Temasek, Premji and Myriad. According to Alibaba spokeswoman, the funding to Snapdeal will help enhance their exposure to India’s growing ecommerce industry. Having a strong presence in mobile ecommerce, Snapdeal is said to fit Alibaba’s strategy of investing in innovative companies. Ebay too has infused around Rs. 450 Crore in the Ebay India Pvt. Ltd.

    Reference: https://goo.gl/RYx9um