Big brands urged to pause Twitter ads until Elon's learned how this all works
- Reference: 1667409307
- News link: https://www.theregister.co.uk/2022/11/02/advertisers_twitter_concerns/
- Source link:
Reports bubbled yesterday that international ad giant Interpublic Group – which counts Nintendo, Unilever, Coca-Cola, and other corporate heavyweights among its customers – had told its clients advertising on Twitter would be ultimately up to them, but [1]advised an ad freeze until things calmed down.
According to The Wall Street Journal , Havas Media Group – which has handled advertising for companies like Adidas, Puma, and Hugo Boss among others – is also advising clients to pause Twitter advertising. Per the WSJ, "people familiar with the matter" [2]say Havas, too, is concerned about Twitter's ability to monitor content and ensure brand safety.
[3]
"At this moment, we cannot confidently state that Twitter is a safe place for brands," Interpublic Group told clients in an email seen by the WSJ.
Clearly $44bn well spent
It took practically no time at all for trolls to test Twitter's new regime by amping up their hate speech and racism, to see how far Musk's tolerance stretches while irritating those around them. Twitter Head of Safety Yoel Roth pointed out the day after Musk [4]took charge that Twitter's rules on hate speech hadn't changed.
"Over the last 48 hours, we've seen a small number of accounts post a ton of Tweets that include slurs and other derogatory terms. To give you a sense of scale: more than 50,000 Tweets repeatedly using a particular slur came from just 300 accounts," Roth said.
[5]
[6]
According to the Network Contagion Research Institute, use of the n-word on Twitter increased [7]500 percent in the 12 hours following Musk's takeover on October 28.
Musk attempted to curb advertiser fears almost immediately after the purchase, posting an [8]open letter in which he claimed Twitter wouldn't become the aforementioned hellscape they were nervous about.
[9]
In [10]the note , Musk said he believed that "advertising, when done right, can delight, entertain and inform … Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise."
[11]Elon Musk shows what being Chief Twit is all about across weird weekend
[12]Elon Musk jettisons Twitter leadership, says takeover was 'to try to help humanity'
[13]'Chief Twit' Musk delivers bathroom furniture to Twitter HQ ... but not Tesla results
[14]Twitter's most valuable users are ghosting the platform
Just yesterday, the Tesla supremo [15]said he had spoken to civil society leaders to find out "how Twitter will continue to combat hate and harassment, and enforce its election integrity policies." Musk signaled that he was hitting the brakes on making big changes to the way Twitter moderates its users, while letting them be reasonably heard, and won't allow those banned for life from the site back in again for another few weeks at least.
As some have [16]said , Elon is speed-running the art of social media management, learning the hard and fast way it's a rather difficult juggling act keeping as many people as possible happy all the time while reassuring advertisers their ads aren't going to appear next to the internet's KKK. Successful social networks have learned to avoid being at least openly partisan, otherwise you're just throwing fuel on the fire.
Musk annoyed some on the political left with what they saw as his open sympathy for parts of the political right; his realization of the balancing act he needs to perform will annoy some on the right who supported him; and him walking back (for now) from his everyone-gets-a-megaphone approach for Twitter is going to annoy fans who thought they would be able to tweet completely unhindered. All while leaks are flying around of around $8 a month fees for verification, or $20, or $99 for a year, or whatever next.
As an aside, Roth just [17]shared research into how Twitter is tackling and minimizing foreign trolls trying to influence or sour discussions around the US midterm elections.
Wow, what an ad ache
Rob Rakowitz, leader of the World Federation of Advertisers' Global Alliance for Responsible Media (GARM), said in [18]response to Musk's open letter earlier that it's what the Chief Twit does in the near future that will determine whether advertisers set sail for calmer waters.
Rakowitz wrote on behalf of [19]Alliance members (a who's who of global corporate giants – including Twitter, a founding member) that the group was founded "with the goal of creating a more sustainable and responsible digital environment." A hard task, Rakowitz said, that GARM hopes will be made possible on Twitter through Musk's purchase of the platform.
[20]
"Your reflection on open dialogue, clear rules [and] consistent consequences is exactly what your stakeholders want and have wanted for some time," Rakowitz said.
Since writing that letter, however, several Twitter executives have left the company, including advertising head and chief customer officer Sarah Personette, chief people and diversity officer Dalana Brand, and GM for core technologies Nick Caldwell, all of whom indicated they had left in Twitter posts.
Additionally, chief marketing officer Lesie Berland, head of product Jay Sullivan, and VP of global sales Jean-Philippe Maheu have also reportedly left, [21]Reuters said , though it isn't clear if they resigned or were let go in Muskovian purges. Whether such high-level departures – especially among client relations and advertising leadership crucial to such a transition – will reassure advertisers is unlikely.
Nonetheless, and contrary to appearances, "Twitter's commitment to brand safety is unchanged," Musk said [22]Monday . ®
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[1] https://www.cnbc.com/2022/11/01/ad-giant-ipg-advises-brands-to-pause-twitter-spending.html
[2] https://www.wsj.com/amp/articles/ad-giants-advise-brands-to-pause-spending-on-elon-musks-twitter-11667333021
[3] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2Y2L2jhzL4Z4RxPMrB-m9wQAAAIg&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[4] https://www.theregister.com/2022/10/31/elon_musk_chief_twit_acts/
[5] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y2L2jhzL4Z4RxPMrB-m9wQAAAIg&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[6] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33Y2L2jhzL4Z4RxPMrB-m9wQAAAIg&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[7] https://twitter.com/ncri_io/status/1586007698910646272
[8] https://www.theregister.com/2022/10/28/musk_twitter_takeover/
[9] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44Y2L2jhzL4Z4RxPMrB-m9wQAAAIg&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[10] https://twitter.com/elonmusk/status/1585619322239561728
[11] https://www.theregister.com/2022/10/31/elon_musk_chief_twit_acts/
[12] https://www.theregister.com/2022/10/28/musk_twitter_takeover/
[13] https://www.theregister.com/2022/10/27/musk_sink_twitter/
[14] https://www.theregister.com/2022/10/26/twitter_losing_valuable_users/
[15] https://twitter.com/elonmusk/status/1587668703834955778
[16] https://twitter.com/WillOremus/status/1587818771149950979
[17] https://twitter.com/yoyoel/status/1587616703952826368
[18] https://www.linkedin.com/posts/rnrakowitz_brandsafety-twitter-activity-6992829059755843584-LHo-/?utm_source=share&utm_medium=member_desktop
[19] https://wfanet.org/leadership/garm/members-governance
[20] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33Y2L2jhzL4Z4RxPMrB-m9wQAAAIg&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[21] https://www.reuters.com/technology/twitter-ad-sales-chief-personette-says-tweet-she-quit-company-2022-11-01/'
[22] https://twitter.com/elonmusk/status/1587215428824203265
[23] https://whitepapers.theregister.com/
Re: Good.
No need to call him scum. Just use his full name and title, Lord Patriarch Elongated Muskrat, Chief Twat.
Re: Chief Twat
That comment deserves a pint :)
Re: Good.
Why "Good"?
Because you are just generally fed up with the cesspit that Twitter has become, or because that same cesspit is now owned by Musk? Nothing has really changed yet, it *might* actually end up better if he gets rid of the bots.
And if you thumbs down my comment, I'll KNOW you are a bot. (What, you think The Reg doesn't have its share of fake accounts too?)
Re: Good.
Twitter is indeed a cesspit. Musk should stick to running Tesla and SpaceX. Twitter is his pet vanity project just to get close to Trumper.
I'm not a bot and gave you a downvote.
Oh and I don't use Twitter or any other so-called social media platform. Never have and never will.
Re: Good.
Have an upvote AC, because I'm feeling generous. xx
Re: cesspit
It's what happens when you can hide your true identity, location and any form of repercussions behind an electronic screen - the scum and villainy of humanity comes crawling out of their cockroach nest.
Only problem is
If Twitter goes, people will use Facebook instead, which is even worse
...Musk said he believed that "advertising, when done right, can delight, entertain and inform..."
Well I guess I must never have seen any advertising done right then, because it rarely informs, unless you consider "brand awareness" as information, isn't often entertaining, instead sitting somewhere on the spectrum of irritating to intrusive, and if he thinks anyone is ever delighted to see an advert, I'd like some of those happy pills his doctor is prescribing him, please.
No doubt
Fox News will be quick to blame the left for "canceling" Musk and Twitter. They are all for capitalism except when capitalists vote with their feet and decide not be associated with the white nationalists and other lowlifes Trump welcomed into the republican party. Then it is all a bunch of sobbing over cancel culture and "woke ideology"!
I hope Musk unbans everyone, and all the advertisers except for the pillow guy run for the hills. It will be funny if his $44 billion purchase ends up worth $44 million which is the ballpark of what Kanye was rumored to pay for Parler.
Re: No doubt
Did you really get a downvote, and does that downvoter actually believe that he has a foot to stand on??!!
Look at Dave Ramsey: pre-Covid his advice was to think about your own career and do what you have to, including leaving for a new position, if that means actually making ends meet. It was all your fault for not being proactive enough in your life if your financial conditions are poor.
Post-Covid? How DARE you not return back to your [previous] job, now that they expect you to!! Work from home?? SLACKER! EXCUSE-MAKER! Do what you're told!! Get back to the office as you are COMMANDED!
"I'm for Christian values". "If you can't pay [my] market rates for rent, then you need to leave!"
They have cornered the market on both hypocrisy and cognitive dissonance.
Respected?!?!
"Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise"
Methinks television and radio is a teeny weeny bit higher up the respected list......
I don't use Twitter but have an account to see what the fuss is about. Last time I logged in, in the first 35 tweets or so, about 4 were from accounts I follow.
Yeah, f****n' dreadful platform that force feeds you cr@p you didn't ask for and keeps you away from what you might actually want to see, like, for example, the accounts you follow!
Re: Respected?!?!
Yeah, Facebook does this as well, in favour of "sponsored posts". It used to be that ads were distinct and you could easily ignore them, now they make them look like legitimate posts. They know exactly how deceptive they can be before people walk away. I doubt Musk does though, and that will cost him.
Re: Television, respected?!?!
For me, TV rates close to the toilet in terms of "respect" - both are filled with crap.
Re: Respected?!?!
I got locked out of Twitter the other day around 30 minutes after creating an account with a full screen message that there was "unusual activity on my account" and it demanded my mobile number to unlock the account. Nope, you're not having it, I don't trust you. Out of curiosity I created another couple of Twitter accounts over the following days with a fresh IP address, email address and entirely different profile and interests. Didn't even tweet, just followed a few folks and read their posts. After around 30 minutes or so the same thing. Locked out of the account due to "unusual activity on my account". As my actions could not in any way be construed as unusual activity I can only assume they want to harvest my mobile phone number and use this message as a ploy to get that information. Won't be creating a fourth account. As others have commented, the timeline / feed was 90% spam anyway. If they treat all new users this way, Twitter is destined to become obsolete.
Elon's Twitter is going just great
[1]Elon's Twitter is going just great and this is definitely not schadenfreude about someone who paid $44B for a company worth half that because he understands far less about the world than he thinks he does.
[1] https://elonstwitterisgoinggreat.com/
Meanwhile Mastodon is suffering
[1]Mastodon server operators say they've never seen anything like this as they [2]get more new users in a day than normally in a month due to the great [3]#TwitterMigration .
I have noticed that one of my Masto accounts is currently unbearably slow because the server operator can't get new servers provisioned quick enough. I've seen some of these spikes earlier but never as high as this and never as long, it's been madness non-stop since Friday. Elon's not only ruining Twitter, he's also ruining Masto.
[1] https://joinmastodon.org/
[2] https://bitcoinhackers.org/@mastodonusercount
[3] https://mstdn.social/tags/TwitterMigration
> more than 50,000 Tweets repeatedly using a particular slur came from just 300 accounts
Or at least 160 tweets per account on average, in 48 hours. You're not telling me anyone sent those manually so when will Musk get rid of the racist bots on Twitter?
"No, Elon and Jack are not “competitors.” They’re collaborating."
Interesting viewpoint [1]here .
While Musk buys Twitter to take it private and get rid of those pesky woke shareholders who demand certain standards are upheld, Dorsy works on Bluesky which will be a sort of federated Twitter where it'll be difficult to ban anyone. The reasons given for their wanting to do this are... interesting... and it's also why they're pally with Putin.
[1] https://davetroy.medium.com/no-elon-and-jack-are-not-competitors-theyre-collaborating-3e88cde5267d
international ad giant Interpublic Group advised an ad freeze
Tomorrows headline : Musk announces $32 billion takeover bid for international ad giant Interpublic Group.
Cash reserves?
How long can Twitter bleed money?
It's apparently never made a profit, so now that it's private and can't just sell more shares to cover day to day expenses, and now has many billions more debt thanks to the way it was taken private...
How much is in the kitty, and how many months can it lose money before insolvency?
L’Oréal suspends advertising spending on Twitter
Financial Times: " [1]L’Oréal suspends advertising spending on Twitter. Some brands are ‘quiet quitting’ messaging platform after $44bn Elon Musk takeover"
And so it begins, the journey to having as much advertising as Parler.
[1] https://www.ft.com/content/17281b81-b801-4a8f-8065-76d3ffb400fa
Good.
We(or at least some us anyway) have to hope that this sounds like the start of the end for Twitter. Skum (an anagram of Musk) deserves to lose all that money.