No More Cookies? The Changes Coming To Google Ads in 2021
It’s long been known that Google wants to drop support for third party cookies on Chrome, and the day is finally coming. But what other changes are Google bringing in for 2021 and beyond?
On May 27th 2021, Google held their Marketing Livestream, which highlighted many of the changes coming to Google Ads in the coming months.
Most of these changes are well known to marketers, such as the end of third party cookies. In the nearly hour and a half long online presentation, there was a lot to take in.
In this post we’ll take a quick look at the important changes coming to Google Ads and how they affect digital marketers.
Cookies OUT, FLoC IN
The headline change is the end of third party cookies. Long touted as a major problem for preserving online privacy, third party cookies will be phased out by 2022.
But what about their replacement?
The Federated Learning of Cohorts, or FLoC for short, has been presented as a new way to preserve user anonymity online, but to still allow marketers to target demographics by genuine interest.
FLoC works by putting individuals under a demographic umbrella, or cohort, as opposed to keeping individual information. The theory is that the anonymity of the crowd means that no unique identifiers are kept on a specific user, but that we become part of a collective.
Is FLoC an improvement?
There is a lot of controversy around the switch to FLoC, with many maintaining that actually, it’s more of the same, or, worse, it actually gives businesses more information about you.
Privacy focused browser, Brave, which already blocks third party cookies and embedded ads, is also blocking FLoC. The reason is that Brave feels that additional information is shared without the informed consent of the user. You can read their full press release on the matter of FLoC on the Brave site.
Additionally, Mozilla Firefox and Safari will also not use FLoC when it is introduced. But Chrome still has the majority market share, with 67% of users choosing Google’s browser.
The issue for most is that FLoC presents new issues, rather than dealing with the existing problem of privacy.
As an example, if you have an account with a website, your FLoC activity will be available to them, giving this company increased insight into your online habits. An issue referred to as cross-content exposure.
So, is FLoC a total fail from Google?
Well, it does seem that the overwhelming majority of tech publications and companies are not entirely enthralled by the incoming changes to tracking. From a user perspective it’s not looking too good.
For digital marketers, it pretty much means business as usual. Google Ads will continue to target your chosen demographic and location. In fact, Google reckons that ads will be at least 95% as effective as they’ve always been. So that’s good news, right?
New integrations
During the Google Marketing Livestream 2021, there were a lot of interesting stats. Many of these highlighted how the Covid-19 pandemic has changed how many companies do business, and how a lot of these changes are here to stay.
Some of the key ones related to the past year are:
In short, more of us rely on the internet for our retail fix than ever before. And, perhaps tellingly, we want efficiency in our online transactions.
Of course, Google has been paying attention and announced an interesting new integration for ecommerce and retail.
During 2021, Shopify integration will be introduced to Google Shopping accounts. What this means is that if a business uses Shopify to sell their goods, shoppers can checkout from right there on Google’s results page.
Google will also be adding a ‘Deals’ section to their Shopping section, making it easier for searchers to find businesses offering discounts, offers and more.
In the hard hit travel industry, Google will also be introducing a more optimised experience for hotels, flights and travel experiences.
Hotel and flight booking extensions are already available on Google Ads, and the search giants will also be adding details about travel safety in the Covid era, such as whether borders are open or what precautions may be required by airlines/border agencies.
Video and image search results
Another change is that advertisers will be able to include images in their pay per click Google Ads, giving searchers an extra incentive to click.
And, as if that wasn’t enough, Video action campaigns will be rolled out to help advertisers convert more customers on YouTube. Although the TrueView for YouTube ads has been running for several years, Video action will be an upgrade with more space for text and options to integrate your video ads in more places.
With images and video being shown to be effective for grabbing people’s attention (just look at the growth of Instagram and TikTok), this looks set to be one of the good ideas coming out of Casa Google in the coming year.
Performance Max
Another new feature, and one that has actually been rolled out in beta since late 2020, is Performance Max. This offers marketers an easier way to maximise their ad reach, with multiple ad formats available from within one campaign.
Performance Max uses smart bidding, with the theory that the platform can identify the best opportunities for marketers across their ad portfolio. So, if it looks like display or video is a wiser choice right now, Performance Max will adjust to target those over search to maximise the ad budget.
Does it work?
So far the feedback is generally positive, although Google is tweaking some of the performance insights prior to rolling out the finished product.
Trust tokens to prevent fraud
The on-going problem of ad fraud has been addressed by Google, although it wasn’t mentioned in the Google Marketing Livestream 2021.
For those not in the know, ad fraud and click fraud are the challenges of preventing non-genuine or invalid clicks from negatively impacting ad spend. Factors such as bots or malicious human clicks can cost advertisers thousands of dollars a month, and it has long been a problem that markers feel Google could do more about.
So, are trust tokens the answer?
Strangely, trust tokens actually act like third party cookies, which are the very tech that is being retired by Google. These tokens are issued by ‘trusted’ websites, to users who perform verifiable activity. This can include completing captchas or even just completing a checkout or watching a video.
The jury is still out whether it will have the desired effect, as it hasn’t been unveiled yet. But, two experts in the field of ad fraud are unconvinced.
As Dr Augustine Fou, an independent ad fraud investigator says, “These changes to Google’s tracking methods won’t affect ad fraud. They certainly won’t decrease it.
“Although they’re experimenting with new trust tokens, success depends totally on the honesty of the trust token issuer.”
And Ilan Missulawin, co-founder and CMO of ClickCease, says, “The trust tokens initiative does nothing to stop repetitive clicks from business rivals, which is a large part of the click fraud problem that we see.
“Although there does need to be a wholesale change by the major ad platforms in the way they manage fraud filtering, I don’t think trust tokens will be as effective as they hope.”
A busy 2021 for digital marketers
There is a lot to take on board, but not to worry. Google is rolling out changes throughout 2021, with some of these not expected to happen until early-mid 2022.
With a lot of the new features in beta mode, advertisers are being given an opportunity to opt-in or to play with new features before they go live.
Some of the plans such as FLoC and trust tokens may yet see a delay or postponement before they go live. With such a big industry backlash, it shouldn’t be ruled out that we might yet see something else be presented as a solution.
However, many changes are already in place such as Performance Max. So it is definitely time to get used to the new features and changes coming to Google Ads in 2021.
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Original source: https://socialmediaexplorer.com/search-engine-optimization-2/no-more-cookies-the-changes-coming-to-google-ads-in-2021/
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Posted on June 19th, 2021
Networking Reimagined With Plain Sight Founder James Chapman
Networking Reimagined With Plain Sight Founder James Chapman written by John Jantsch read more at Duct Tape Marketing
Marketing Podcast with James Chapman
In this episode of the Duct Tape Marketing Podcast, I interview James Chapman. James is the Founder & CEO of Plain Sight, a localized, social networking platform that connects people with the type of people you’re looking for both online and in physical spaces.
Key Takeaway:
The traditional way of networking is often random, awkward, and transactional. Plain Sight is the future of work connections. It’s a social networking platform that helps people grow their network with relevant connections based on their skills, goals, and interests.
In this episode, James Chapman and I discuss the problems with the traditional methods of networking and how Plain Sight aims to solve the existing drawbacks that other virtual and social media platforms have today.
Questions I Ask James Chapman:
More About James Chapman:
More About The Certified Marketing Manager Program Powered by Duct Tape Marketing
Like this show? Click on over and give us a review on iTunes, please!
This episode of the Duct Tape Marketing Podcast is brought to you by Duct Tape Marketing Consultant Network.
If you are a consultant or agency or coach, do any of these points ring true: do you have trouble getting in front of enough ideal clients? Are you constantly being forced to compete on price? Are you working too hard and not making enough money?
I’ve got a free book for you. It’s called the 7 steps to scale your practice or agency without adding overhead. If you want to grow your practice, it doesn’t have to be that hard. Download a copy for yourself here.
Original source: https://ducttapemarketing.com/networking-reimagined-plain-sight/
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Posted on June 19th, 2021
3 Native Advertising Examples and Why They Worked
Native advertising, over the years, has proved successful with multiple testimonies as to why exactly it worked.
Native advertising is seen in almost every media format which includes search engine result pages, social media, even traditional and digital print publications.
This form of advertisement makes use of native ads that have been designed to blend in and match the entire format of the host site.
It’s usually designed and delivered to the user in the form of content and works to not disrupt activities but remain subtle throughout the user’s stay.
Continue reading to see three of the best examples of native advertising
What Makes an Effective Native Ad?
Native ads when done properly are more likely to get engagements from the site visitors.
Individuals are always wary of the traditional themed ads, making them shy away from the site.
For a native ad to remain effective, there are rules to the game. Below are factors that make a successful and effective native ad.
The very first factor that makes for an effective native ad is its platform.
You want to make sure that you pick a platform that works best for the firm or company.
A platform that doesn’t drive visitors away but keeps them on your site for as long as possible.
There are a ton of platforms to choose from but you want to select one that delivers the content best suited for your site.
If your site includes content directly lifted from another site, it’ll not bring in a massive flow of traffic.
Original content is one important factor that makes for an effective native ad.
For an ad campaign to be a successful one, the quality of the content and how engaging it is, is very important.
To record success for your native ad campaign, you need to fix content that is relevant to your target audience.
When creating a native ad for your site, the audience should be one of the top priority on your mind.
Recording success largely depends on how relevant the content delivered is to your audience. Only the right content gets engagement from its audience.
3 Native Ad examples and why they were successful!
A ton of native ads are available on various sites but only a few are counted among the successful ones.
These three (3) are some of the few:
This example is one of the most successful native ads in history!
Netflix partnered with Spotify to create an unusual playlist for the thousands of “Stranger Things” fans.
This particular partnership is an excellent example of pure creative thinking.
This idea places massive focus on its clients by giving them the unbeatable pleasure of being able to connect to individual characters of their choice through music.
Why did it work?
This partnership successfully won the hearts of thousands of individuals because the fans were made to feel connected to the characters.
A great example of a successful native ad is sponsored posts of The New York Times by the shoe company, Allbirds.
When the user clicks on an article from The NYT, they’re taken to an eye-catching site with interesting graphics and the perfect sound effects to go with it.
The article in question places focuses on how valuable birds are to our environment and how they’re endangered due to climate change.
This in turn takes the user’s attention to the shoe company, Allbirds as the keyword “bird” is found in their name.
Why did it work?
This particular alignment paid close attention to climate change, which is a very important topic in most parts of the world.
One of the most successful native ads to ever grace the screen, Home depot’s partnership with Apartment Therapy is one other company should take note of.
The average individual’s phone is clouded with messages from various brands and only the ones that stand out are luckily enough to be visited.
This is exactly what Home deport did with their partnership.
They put up a very catchy headline, “Spring Reboot”, waited for users to tap, and they did.
The term “Spring Reboot” is unusual unlike the frequently used term “Spring cleaning”.
Why did it work?
They partnered with Apartment Therapy to create very innovative ads that are interactive and draw out more favourable responses from the audience.
Conclusion
To achieve a successful native ad campaign, you need to put your target audience into consideration.
This is one sure way to keep them entertained for a long time.
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Original source: https://socialmediaexplorer.com/content-sections/tools-and-tips/3-native-advertising-examples-and-why-they-worked/
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Posted on June 18th, 2021
The importance of video testimonials for your business
Do you want to diversify your communication and bring a new angle to your business strategy? One of the opportunities available to you is the Video Testimonial. This type of video highlights your customers while promoting your business. Today, 88% of consumers trust testimonials on video. So why not get started?
Television, internet and social networks broadcast it regularly and unconsciously reach target customers. Hiring professionals to do testimonial video has become a most popular way for businesses to grab the attention of consumers. But why so much enthusiasm for the audiovisual industry and what are the advantages of video testimony for your business?
Video testimonial: a powerful marketing strategy to attract attention
It is clear that communication goes faster with videos than with writings, and that the audiovisual sector better captures the attention of the public. Therefore, choosing a video testimonial is very advantageous to attract the attention of Internet users, but also to convey emotions about a product or service. By hiring a video testimonial service for your video, your business and your brand will have a better chance of standing out from the crowd.
Reach more customers and more sales with testimonial videos!
If your goal is to excite prospects into customers, then video testimonials are for you. Indeed, they generate a feeling of proximity to the person viewing them and trigger a purchase click. Moreover, the behavior of target customers has changed a lot in recent times. Indeed, before buying a product, we have become accustomed to consulting user reviews before finalizing our purchases. This culture of “social proof” is now an integral part of their purchasing decision. In addition, captivating videos are shared quickly, which has the effect of increasing the visibility of your business with great speed.
Build trust and retain your customers with great video content
The video testimonials are not only used to convert new prospects, they also have the role of customer loyalty. If you want to build a real relationship of trust with them that lasts over time, do not hesitate to work with real professionals. Good video content helps inform your customers, keep them up to date with your services, improvements you are making to their benefits. The video testimony also allows you to value yourself in the difficult world of competition and to show your values.
How to make a powerful video testimonial?
Determine the objectives of the video: Why, how, what message.
Find a good speaker: He should be comfortable in front of a camera (not everyone) and be prepared a few weeks in advance to find him.
Prepare for the interview with specific questions such as: How was your experience? What consequences on your lifestyle? Would you recommend it to someone? If yes/no why? Send all of these questions in advance so the client has time to prepare. Better, however, not to make him read a script, this is easily understood when a testimony is scripted, and it is much less natural!
Make the client comfortable: Tell them a little joke before you start and relax the atmosphere to the max. This will have a real impact on its performance.
Optimize the equipment: Cameras, cameraman, background, different plans, colors, brightness, green background, everything must be set up beforehand.
Plan post-production: Add background music, cut unnecessary moments or “blanks”, adjust: brightness, sound, colors (if necessary)
Post: Here is the most important step! Broadcast on all social networks (YouTube, Facebook, Twitter, Dailymotion) and your websites (natively, to keep traffic on your site.
To summarize, the video testimonial constitutes a strategic lever to boost your sales, increase the visibility of your company and retain your customers. Video testimonials also unconsciously reach consumers. To make a real success on the screens and reach a maximum of spectators, realize your video testimony by professionals in this field.
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Original source: https://socialmediaexplorer.com/media-journalism/the-importance-of-video-testimonials-for-your-business/
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Posted on June 17th, 2021
Judge Napolitano Describes How the World Has Changed Since the Pandemic
Although globally the coronavirus pandemic still persists, in the United States, it seems to have taken a turn for the better. American citizens are noticing that covid restrictions are finally being lifted and they are finally regaining that freedom they have longed for. With normal life returning sooner than expected, some people certainly feel overwhelmed to return to a life full of crowds and busy schedules. The United States may have the green light to go back to how things were, but the pandemic altered the way we live so much that it may still have an effect on society for a long time, maybe even permanently.
One individual who was very frustrated over the country stripping it’s citizens of their freedoms during the pandemic was Judge Napolitano. He is currently a news analyst for Fox News and has many years of experience with being in the public eye. He is the youngest life-tenured Supreme Court Judge in the history of the state of New Jersey. While on the bench, he presided over 150 jury trials. He is a graduate of Princeton University and the University of Notre Dame Law School. He taught constitutional law and jurisprudence at Delaware Law School for two years and at Seton Hall Law School for eleven years.
Since 1998, Napolitano broadcasts daily nationwide on both the Fox News Channel and the Fox Business Network. He is known for being an outspoken advocate on personal liberties, private properties and economic opportunities. He is always the first to lash out at the government when they interfere with civilian freedoms. Judge Napolitano has been published in The New York Times, The Wall Street Journal, The Los Angeles Times and other publications as well. With many years of experience and television exposure, he was certainly vocal and up to date on events occurring surrounding the pandemic and the United States’ handling of the crisis.
Even though he is certainly thrilled that the country was finally able to keep the virus under control, Napolitano admits that some aspects of life will still not return to normal. Below are some of the changes the Judge believes will stick for a very long time:
Working remotely was discovered to be successful early on in the pandemic. Meetings were still held, deadlines were met, and people did not have to stress about a morning commute. Although the pandemic is now in the rearview mirror, companies are expected to still keep employees working remotely to avoid the cost of rent for an office building and to keep around the convenience of removing travel from work.
After being sheltered from the public for over a year, people are reluctant to return to large social gatherings. Individuals have become accustomed to the comfortability of their own homes and now get nervous about leaving to associate with strangers. People are also more socially awkward than ever before, so it will take some time to readjust to how social they were previously.
There used to be and to an extent there still is a stigma surrounding mental health. However, the pandemic was extremely difficult for many people around the world. It forced society to recognize the impact the tragic events had on our mental health and in a way shed a light on it.
Normalcy is what we all craved since the pandemic started last year, but we need to understand that not everything will return to how it was overnight. It will take society time to come out of quarantine feeling comfortable and it will be a learning process.
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Original source: https://socialmediaexplorer.com/content-sections/news-and-noise/judge-napolitano-describes-how-the-world-has-changed-since-the-pandemic/
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Posted on June 16th, 2021
Eric Dalius Shares 5 Simple Tips for Business Owners to Segment Their Social Media Audiences
Posted on June 15th, 2021
Jon Zacharias, Co-Founder of GR0 Brings Innovation and Skill to Modern SEO
Have you ever wondered how a successful business is born? The backstories of those that are intelligent enough to run a company can be fascinating to uncover— even more so when a cofounder changed his path multiple times to find his passion.
GR0 cofounder Jon Zacharias never intended to go into digital marketing. In fact, he went to school to pursue law. At his part-time job, working for a friend of his father at a law firm, an interest in search engine optimization began to grow into a self-defined “obsession.” Eventually the gig led him to realize, “I was way more interested in getting the cases than litigating them.”
At the time, only law and medical professionals were fully utilizing the tool of SEO, a system that streamlines content to connect searches on platforms such as Google to specific data. The potential for businesses to profit off of SEO by using it to up their digital marketing game still seemed like a concept years away. However, Zacharias saw the importance of this process long before it became mainstream in the e-commerce industry.
In November of 2016, a struggle with addiction became too much to ignore, and Zacharias received treatment at CRI-Help, a residential drug rehabilitation center. Armed with a new sense of self and sobriety, he met his future GR0 partner, Kevin Miller, through the program. He states, “We immediately became best friends, talking every single second. I feel like my entire life shifted as soon as I met him.”
And he was right. Miller’s experience working at Google and position as head of growth at Opendoor allowed for the pair to bond over search analytics and marketing campaigns — something Zacharias had always seemingly done alone. He had been waiting to share his expansive findings with someone else.
“I spent the next seven, eight years, from 2011 to 2019 when we started the company perfecting the science behind SEO, and then once I had that perfected, I basically started applying tactics that had never been used in e-commerce,” he shares. “It was really like the second wave of SEO.”
By the time this new process had been shown to Miller, he was all in and suggested going a step further. Zacharias states, “He loved it so much that he was like, ‘let’s just start a business and do this for as many direct-to-consumer brands as we can, because it’s such a powerful channel.’” The duo laid their plans, and GR0 quickly came into being.
Two years after its inception, this startup has been propelled into success. “We are basically matching the hottest direct-to-consumer ecommerce brands, working with the biggest celebrities in the world, and creating real partnerships,” Zacharias states. GR0 has been able to work with Venus et fleur, Nugenix, and Funboy, among other reputable businesses.
Zacharias says, “We give these brands an opportunity to work with huge celebrities that they wouldn’t normally be able to work with because they couldn’t afford to put millions of dollars down up front.” With an inspired and inspiring CEO, GR0 is just beginning its climb upwards.
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Original source: https://socialmediaexplorer.com/social-media-marketing/jon-zacharias-co-founder-of-gr0-brings-innovation-and-skill-to-modern-seo/
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Posted on June 14th, 2021
The Role of Social Media in Accidents: Faruqi & Faruqi LLP; Faruqi Explains the Implications
We often hear about accidents because of the desire to capture moments for social media. It seems that the world has revolved around the virtual connections we establish while social media platforms compete to engage their users.
A Recent Accident Involving Snapchat
An accident that happened on May 4, 2021, reveals that three young men crashed against a tree while speeding in a vehicle. The purpose of the three young men performing the stunt was to try out one of Snapchat’s filters. This filter allegedly shows the actual speed of the vehicle people are driving.
The three parents believe that Snapchat is to blame for the accident, as young people are enticed to show off their speeds on the social media platform. Many victims are powerless against tech giants, but surprisingly, the court revealed that the parents have the right to file a civil lawsuit because of the app’s design.
Civil litigation law firm Faruqi & Faruqi LLP believes that the justice system is headed in the right direction because of this decision. This article explains the implications that could happen as the public will gain the power to file civil lawsuits against social media giants.
Justice for Personal Injury Victims and Survivors
Most personal injury victims and survivors settle with little to no compensation for the accidents that have happened due to social media participation. While this has been going on for the most part since the advent of social media, this single 2021 case can give that one step closer to justice for the three young victims and future victims and survivors.
Faruqi & Faruqi LLP explains that social media platforms have the legal protection that would cover them if some parties decide to file a lawsuit. However, it is a powerful fact to discover that people who are harmed because of the app’s design will finally be given justice.
Rethinking the design of Social Media
Many accidents relating to social media are because of trends and challenges gone wrong. These are often user-generated ideas and content that encourage people, especially the young, to show impressive feats on photos and videos.
Sadly, the design of social media turning interactions into a popularity contest has been the core of accidents due to the trends and challenges posed. Social media giants now should have the moment to rethink the design of their apps, eliminating the content that encourages dangerous behavior while keeping genuine interactions.
Some areas of improvement include:
Medico-legal teams reviewing the content of social media features: Faruqi & Faruqi LLP explains that experts should have a verdict on the design and features of the application that may be a blind spot for other developers. This step could help prevent future accidents and also protect the tech companies.
Gathering opinions: When trends and challenges become viral, it is often only among a certain demographic and not within the sweeping social media population. Thus, it is essential to gather opinions of other demographics unaffected by social media features, trends, and challenges if they pose physical, mental, or emotional threats to a certain group.
Immediate and continuous refinement: With the help of experts, social media apps should provide reminders to users about the core intent of their use. The immediate and constant advancement of developers should always occur not just to encourage social media use but also to provide the utmost safety of users.
Awareness Among People on Social Media
Some victims cannot speak out because they believe that they have no power against social media giants through a civil lawsuit. This current step brings new hope even to past victims and increased awareness of how social media trends can go wrong.
Parents can remind children about the implications of participating in filters, challenges, or trends within these social media platforms. Some trends are designed to pose a threat in someone’s life for popularity’s sake, and even if it is present in social media, this does not necessarily mean that it has passed safety reviews.
People can also take a step back and evaluate the things they do on social media. More than a physical issue, it is also about the inner workings of our hearts and minds and how we use technology that shapes our lives. It brings awareness about why we use social media and how we should teach others about safety and genuine connections.
Other Tech that Encourages Safety
As the recent case about the Snapchat accident reveals that victims can have an increased odds on a Supreme Court Ruling, other tech inventors would be forced to rethink apps, gadgets, and other ventures that would promote safety and positive behavior.
Social media has been the brunt of discussion regarding mental health issues, criminal activity, and personal injury accidents, as the incident mentioned above. It is high time that people who create should be more mindful of how they design their inventions to promote safety and positive behaviors.
There must be a better consideration for people’s mental well-being, personal safety, and upholding values, especially to impressionable groups that such platforms may easily influence.
Hope Amidst A Tragedy: Justice and Change
Faruqi & Faruqi LLP believes that the recent horrific accident will hopefully bring about positive change in how personal injury victims are treated when incidents involve social media platform giants. Hopefully, this tragedy will encourage victims to come forward while posing a challenge for social media platforms to rethink their design for the safety and well-being of their users.
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Original source: https://socialmediaexplorer.com/social-media-research-2/the-role-of-social-media-in-accidents-faruqi-faruqi-explains-the-implications/
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Posted on June 13th, 2021
Best Free Affordable Press Release Distribution Services in UK
Posted on June 12th, 2021
What fitness industry influencers/ models should be like from now on
This past year made us rethink how we do things, from shopping to communicating and the way we spend our money. One thing that hasn’t changed is the fitness trend that people across the globe were already joining and, with the sedentarism that the past year brought to our lives, it’s only natural that this industry will see a boom in the next few months.
Yet, conditions are not the same as before. On the one hand, some people are still reluctant to be out in public, and with good reason, since we are not out of the pandemic woods yet, and the sanitary measures are still in place. On the other hand, the economy hasn’t come back to what it used to be.
This is why the fitness industry needs a new approach, and you could be one of those pioneers. To change the face of exercise spaces, you’ll need all the help you can get, so you might want to start thinking about commercial construction loans like this.
Revamp the fitness façade
It’s not that you have to completely innovate the industry, but you have to take your current circumstances to make some changes. Start your business model thinking of these things:
Define a very specific niche
This goes beyond thinking about women, people that need to visit a gym after work, or people with children. You have to think about specific current circumstances like sickness, new demographics, and even regular testing of customers. Think of what you would need and start from there to define who you would like to serve.
Create accessible packages
After using commercial construction loans to develop a fitness center, you might want to make the investment money back fast, but this doesn’t have to be at the cost of a few clients. Better to bet on volume and keep money coming in without hurting your clientele’s pockets. Think about a membership for machines that includes access to all classes, one for just a few classes, weekly payments to use certain facilities. The idea is that everyone finds a solution they can afford.
Have a professional sanitizing crew
Specialized cleaning in a gym was already a necessity, and now it has become the biggest priority since you could be bringing from 20 to 200 people in the same space throughout the day. Hire an around-the-clock staff or cleaning company that has knowledge of covid cleaning. This way, you can make sure your clients are secure. But you’ll also want to think of rules that everyone has to follow, like exercising with a mask on. Hard, but necessary.
Branch out
Even though your core business is fitness, you’ll need to include satellite income. Special classes, a food court of healthy food, on-site nutritionists, conferences. Everything you can think of but with a very clear idea of health and fitness. Don’t compromise on the contributions you want to make to people’s safety and wellbeing.
Keep an online service.
A lot of people won’t leave their house yet, but they still need to be fit and healthy, so retain some of your original ideas in the midst of the pandemic or create new ones so you can serve people from their homes. You can use your own space and take advantage of downtime in different classrooms to stream routines.
Remember that there are still sanitary restrictions, so you won’t have many customers at once, so think about the size of the place you want to build with commercial construction loans. Take into account that you’ll have a lot of free room at certain times of the day so try to take advantage of them.
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Posted on June 11th, 2021