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#Performance-based marketing refers to digital marketing and advertising, where service providers are paid when specified metrics and business objectives are met. #Success is directly tied to performance in digital performance marketing, and you pay when a specific action is complete. For more insights, visit https://appfillip.com/
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Monthly Social Media News Update May 2024
TL;DR. These are the three themes that stood out to us over the course of last month.
1ļøā£ Social media is becoming increasingly significant for brand discovery. Marketers are now understanding the impact of social and budgets are shifting accordingly.
2ļøā£ Instagramās new algorithm and latest guidance will help us maintain organic growth. Instagram continues to evolve, but Reels remains the most crucial tool for growth.
3ļøā£ Collaboration will help us unlock growth. Who we work with will define how fast we grow. Meta continues to evolve their Creator Marketplace and now TikTok are beginning to push ācollabsā more too.
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- 1. PERFORMANCE BASED PERFORMANCE BASED PERFORMANCE BASED MARKETING MARKETING MARKETING
- 2. WHAT IS WHAT IS WHAT IS PERFORMANCE MARKETING IS THE METHOD OF USING DIGITAL MARKETING STRATEGIES TO DRIVE MEASURABLE RESULTS FOR YOUR BUSINESS.
- 3. WHY WHY WHY PERFORMANCE MARKETING HELPS TAP AND CONNECT WITH THE TARGET AUDIENCE, BUILD BRAND RECOGNITION, GLUE BRAND AFFINITY, AND INFLUENCE CONSUMER BEHAVIOR. IT GUIDES THE COMPANY TO ACHIEVE ITS GOALS AND GROW ITS BUSINESSES.
- 4. PERFORMANCE MARKETING IS TRACKABLE AND MEASURABLE, AND ADVERTISERS OR MARKETERS ONLY SPEND FOR SUCCESSFUL TRANSACTIONS. THE TRACKABILITY OF PERFORMANCE MARKETING ISNāT BASED ON ESTIMATIONS. ITāS BASED ON ACTUAL DEVELOPMENTS.
- 5. PERFORMANCE MARKETING CHANNELS CAN HELP YOU SCALE YOUR ADVERTISING EFFORTS TO MEET YOUR COMPANY'S NEEDS WITHOUT BREAKING THE BANK. THE BUDGET IS CHANNELED INTO SPECIFIC PLACES AND CAMPAIGNS AND GENERATES MORE TRAFFIC, LEADS, AND SALES.
- 6. PERFORMANCE MARKETING CONTINUOUSLY MEASURES CAMPAIGNS AND OPTIMIZES THE PROCESS, AND THE CHANCE OF RISKS IS LOW AS THEY ARE BASED ON THE DATA ACQUIRED.