Rebuilding Twitter: Will a new CEO be the answer? Or will Musk … – Marketing Interactive
The recent announcement of NBCUniversals former head of global advertisingLinda Yaccarino taking on the role as Twitters new CEO has seen the headlines emerging around building "Twitter 2.0. Yaccarino joins the company amidst volatility asthe platform continues to struggle with declining ad revenue and active users. Its new owner, Elon Musk, who is no stranger to controversy, has continued to make significant changes since his takeover, despite facing ad halts by major brands.
Don't miss:Who is Linda Yaccarino, Twitter's new female CEO?
Since Yaccarino's appointment, media intelligent firm CARMA saw over 230K mentions related to the hire just over the past week, with 28% being positive and 23.6% being negative. While some netizens are hopeful about Yaccarino's appointment and her potential to bring positive change to Twitter, many remain skeptical, according to CARMAs HK GM Charles Cheung.
One of the primary concern is Twitter's continued struggle with declining ad revenue and active users on the platform. Given these challenges, it may be a daunting task for Yaccarino to reverse the trend of declining revenue and restore stability to the platform. There are also questions on what new ideas or strategies Yaccarino will bring to the table to rejuvenate Twitter and enhance its reputation, he added.
Social media players such as Kristian Olsen, founder and managing director of digital and social media content agency Type A, told MARKETING-INTERACTIVE that the appointment of Yaccarino is a nod in the right direction, given her track record which is reflective of that. She has a job on her hands and if she is truly going to try and better understand users habits to create more personalised features, then shes off on the right track, he said, adding:
If Yaccarinosgoal is to evolve Twitter into a super app of sorts, then she has to first create stability and credibility to the app that has suffered a lot of bad public impression in the previousyear.
Agreeing with Olsen was James Chua, founder and managing director of digital creative and social marketing consultancy agency GERMS, said the jury will be out on whether Yaccarino is really someone who is empowered to make a change or merely a figurehead.
The appointment of Yaccarinois clear and necessary. Twitter needs to woo back advertisers to ramp up their ad revenue. A lot of what happened with advertisers leaving Twitter is because of Musk's doing. His relationship with advertisers has been testy since he took over, largely due to his indignant upholding of free speech as the holy grail on Twitter, he added.
How can Yaccarino lure back advertisers to Twitter?
While the strategic appointment of Yaccarino as Twitter's new CEO might open up exciting possibilities for the platform, this doesn't guarantee a more advertiser-friendly environment.As Twitter evolves under Yaccarino's leadership, it remains to be seen whether it will prioritise the user experience as a less intrusive channel or face potential financial implications from reduced advertising opportunities. Time will only tell, said Tina Ahmed,senior digital engagement manager, TEAM LEWIS APAC.
Furthermore, Yaccarinomust know how twitter can be re-positioned to gain back its position within digital and social media marketing. For example, under Yaccarino's direction, the company may develop some products and features which could let advertisers and agencies to run immediately and understand how it could facilitate advertisers' marketing strategies," said Ken Cheung, digital director of KREW.
Vin Ng, director of Spread-it believedthe main problem falls on how Yaccarinowill moderate the advertising content on the platform. As with Elon Musk, brands paused spending on the platform due to his policies on content moderation[...]thus it will be interesting to see how Yaccarino willexecuteon this matter, he added.
Will it change the future of social media advertising?
As most of the industry players MARKETING-INTERACTIVE agreed that the hire of Yaccarino will surely bring a change to the advertising industry, it is still too early to conclude how this will change the future of social media advertising.Right now, a key for any social platform is to cultivate a habit among users to visit it daily.
"If the platform fails to maintain its position for its users, they may use it less frequently or even switch to other platforms. If the platform's popularity declines, marketers may decrease their ad spend, Florence Kong, founder and managing director of WeGlow HK.
On the other hand, TEAM LEWIS Ahmed said the appointment is less likely to change the future of social media advertising dramatically. What will shift is how brands plan to engage with Twitter, it will continue to be a default channel for most businesses more on an organic level, however, when it comes to ads, it may not be the priority platform for most businesses to park capital towards unless their key target audience deem otherwise, she said.
GERMS Chua, who said Yaccarino will probably do what Sheryl Sandberg did during her days atFacebook:
Create good advertising models and turn in good revenue. Her biggest stumbling block will be Musk himself.
Related articles:
What's going on with Twitter Blue? 101 on the many changes Musk has implementedTwitter is now part of X Corp: 101 on why it "no longer exists"Why Twitter Inc "no longer exists"Major brands pull ads from Twitter after appearing next to child porn tweets
Join Content 360 - Hong Kong: Stories For A New Era where over 150 content marketers come together to shape the future. Content 360 - Hong Kong is a must-attend conference that focuses on cutting-edge content trends, innovative creation techniques, strategies to customise your content for the newest marketing channels, and more. Don't miss out on this opportunity to elevate your content marketing game in Hong Kong! Tickets are on sale now, register today.https://conferences.marketing-interactive.com/content360-hk/
Excerpt from:
Rebuilding Twitter: Will a new CEO be the answer? Or will Musk ... - Marketing Interactive
- Carbon County Office of Tourism Partners with Marketing Elevated for Free Social Media Training - ETV News - January 13th, 2025 [January 13th, 2025]
- 10 Key Roles of a Social Media Manager in 2020 - Spiceworks News and Insights - January 13th, 2025 [January 13th, 2025]
- Why TikTok Is Facing a U.S. Ban, and What Could Happen Next - The New York Times - January 13th, 2025 [January 13th, 2025]
- Will Metas Revised Approach to Moderation Impact Its Ad Business? - Social Media Today - January 13th, 2025 [January 13th, 2025]
- Influencer Marketing Will Be Anything but Stagnant in 2025 - Adweek - January 7th, 2025 [January 7th, 2025]
- Exclusive | Influencer Marketings M&A Streak Continues With Mavely Sale - The Wall Street Journal - January 7th, 2025 [January 7th, 2025]
- The Soup Spoon promotes healthier living in new social media campaign - Marketing Interactive - January 7th, 2025 [January 7th, 2025]
- Tips for 2025: Marketing experts say social media presence is key even for B2B - ROI-NJ.com - January 3rd, 2025 [January 3rd, 2025]
- For Comics, Honing Jokes Has Taken a Back Seat to Marketing. Thats Not Good. - The New York Times - January 3rd, 2025 [January 3rd, 2025]
- ICYMI: 5 Things to Focus On In 2025 - substack.com - January 3rd, 2025 [January 3rd, 2025]
- Olaf Scholz: German election will not be decided by social media owners - The Guardian - January 1st, 2025 [January 1st, 2025]
- The evolution of X: How Musk transformed the social media giant in 2024 - BBC.com - January 1st, 2025 [January 1st, 2025]
- 3 Social Media Stocks Connecting the World - Inkl - December 25th, 2024 [December 25th, 2024]
- Hummingbirds bring new perspective to social media marketing, including in the Quad-Cities - Quad-City Times - December 25th, 2024 [December 25th, 2024]
- Smarter AI Agents and Shoppable Content: The Marketing Trend Driving the Digital Entertainment Business - PC Tech Magazine - December 25th, 2024 [December 25th, 2024]
- Social Networking Market to Grow $238.4B by 2028, Boosted by Internet And AI Trends - That Eric Alper - December 22nd, 2024 [December 22nd, 2024]
- Social media platforms have work to do to comply with Online Safety Act, says Ofcom - The Guardian - December 22nd, 2024 [December 22nd, 2024]
- Five things that will shape social media in 2025 - Marketing magazine Australia - December 22nd, 2024 [December 22nd, 2024]
- Social Media Marketing will not be enough in 2025: Unlock New Audiences with Alternative Advertising - TechCabal - December 22nd, 2024 [December 22nd, 2024]
- 10 of the best social media marketing moments of 2024 - Ad Age - December 22nd, 2024 [December 22nd, 2024]
- X Provides Usage Insights and Ad Tips for Q5 - Social Media Today - December 18th, 2024 [December 18th, 2024]
- Microtargeting in Social Media Marketing Explained by Huta Digital - Robotics and Automation News - December 18th, 2024 [December 18th, 2024]
- B2B CMOs plan to boost AI and social media spending in 2025 - Ad Age - December 18th, 2024 [December 18th, 2024]
- Marketing trends 2025: Millennials, Gen Z and the boom in social media shopping - Revista Merca2.0 - December 18th, 2024 [December 18th, 2024]
- How social media personalities are shaping the future of marketing - Straight Arrow News - December 18th, 2024 [December 18th, 2024]
- Brain rot surged in 2024what marketers should know about the social media trend - Ad Age - December 12th, 2024 [December 12th, 2024]
- How the Brooklyn Nets became the most-liked NBA team on TikTok - Marketing Brew - December 12th, 2024 [December 12th, 2024]
- Killing of UnitedHealthcare CEO prompts flurry of stories on social media over denied insurance claims - CNN - December 12th, 2024 [December 12th, 2024]
- Trump Tests Ethical Boundaries With Branded Merch. (And All Sales Are Final.) - The New York Times - December 12th, 2024 [December 12th, 2024]
- Thumzup Launches on X Corp, Transforming Social Media Advertising Potential with Access to Over 535M Active Users - Marketscreener.com - December 12th, 2024 [December 12th, 2024]
- Health insurance CEO shooting unleashes Internet vitriol aimed at industry - USA TODAY - December 12th, 2024 [December 12th, 2024]
- Key Trends in the Social Business Intelligence Market with - openPR - December 12th, 2024 [December 12th, 2024]
- Age limits on social media must be enforced strictly, says Fahmi Fadzil - Marketing Interactive - December 12th, 2024 [December 12th, 2024]
- Why Spotify Wrapped Is The Ultimate Test For Reactive Social Marketing - Forbes - December 5th, 2024 [December 5th, 2024]
- Teens, Tweets, and TikTok: Marketing Safely in a Changing Social Media World - CMSWire - December 5th, 2024 [December 5th, 2024]
- 40 social media post ideas when youre fresh out of inspiration - Hootsuite - December 5th, 2024 [December 5th, 2024]
- Thumzup Plans Integration of Proprietary Advertising Platform with TikTok to Significantly Expand Potential Social Media Market Reach - Business Wire - December 5th, 2024 [December 5th, 2024]
- 30 Under 30 Marketing & Advertising 2025: The Young Founders Using Fintech, Social Media And The Power Of Partnerships To Boost Brands Big And... - December 5th, 2024 [December 5th, 2024]
- These are the largest Chinese social networks: they have millions of users and you probably do not know them - Marketing 4 eCommerce - December 5th, 2024 [December 5th, 2024]
- Social Media Management Market Size is expected to increase at a 23.8 percentage CAGR between 2024 and 2030 - openPR - December 5th, 2024 [December 5th, 2024]
- Ravineos AI Tech Finds that 80% of Influencers Don't Disclose Brand Deals - Adweek - December 4th, 2024 [December 4th, 2024]
- Desperate for jobs, people try new social media tactics to stand out - The Washington Post - December 4th, 2024 [December 4th, 2024]
- A social media ban for under-16s passes the Australian Senate and will soon be a world-first law - KCBD - December 4th, 2024 [December 4th, 2024]
- Social Selling Software Market is Booming Worldwide | Gaining Revolution In Eyes of Global Exposure - openPR - December 4th, 2024 [December 4th, 2024]
- Trump Is Using Truth Social for Tariff Threats. DJT Stock Could Become the Next Reddit, Twitter. - Barron's - December 4th, 2024 [December 4th, 2024]
- Investing in Social Media Startups? Read This First - Investopedia - December 4th, 2024 [December 4th, 2024]
- The 2025 guide to (aesthetic) Pinterest marketing - blog.hootsuite.com - December 4th, 2024 [December 4th, 2024]
- All Things Real and Unreal Indonesian Drama on Social Media and Sex Work Heads to JAFF Market - Variety - December 4th, 2024 [December 4th, 2024]
- Parents warned against anti-aging skincare products marketed to children - KBTX - December 2nd, 2024 [December 2nd, 2024]
- Social Media Analytics Market Comprehensive Overview and Forecast 2024-2031 - openPR - December 2nd, 2024 [December 2nd, 2024]
- Heres Where Each of the Big Social Platform Stands on External Links - Social Media Today - November 30th, 2024 [November 30th, 2024]
- A social media ban in Australia for children under 16 will be first in the world - NPR - November 28th, 2024 [November 28th, 2024]
- The hunt for the next Twitter: all the news about alternative social media platforms - The Verge - November 28th, 2024 [November 28th, 2024]
- How Social Media Promotion of Vaping Targets Teens - Yale School of Medicine - November 28th, 2024 [November 28th, 2024]
- Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office - CBS News - November 28th, 2024 [November 28th, 2024]
- Authenticity in influencer marketing: How to find authentic influencers - Sprout Social - November 26th, 2024 [November 26th, 2024]
- U.S. Fast Fashion Market Role of Social Media and Influencers - openPR - November 26th, 2024 [November 26th, 2024]
- Beyond the posts: Hidden costs of social media marketing - Monitor - November 26th, 2024 [November 26th, 2024]
- 20 Instagram trends you need to know in 2025 - Hootsuite - November 26th, 2024 [November 26th, 2024]
- How businesses can stand out on social media without burning a hole in their pockets - SmartCompany - November 24th, 2024 [November 24th, 2024]
- Is social commerce the holy grail of marketing? - Performance Marketing World - November 24th, 2024 [November 24th, 2024]
- Big techs warning on rushing teen ban on social media - The Australian Financial Review - November 24th, 2024 [November 24th, 2024]
- Has this really been thought through?: Australia proposes social media ban on under 16s - Performance Marketing World - November 24th, 2024 [November 24th, 2024]
- Why social media is no longer the shiny next big thing in marketing, Northeastern researcher explains - Northeastern University - November 21st, 2024 [November 21st, 2024]
- Bluesky uncovered: separating myth from reality in its post-election surge - Digiday - November 21st, 2024 [November 21st, 2024]
- Alix Earle shares her journey to social media success - University of Miami: News@theU - November 21st, 2024 [November 21st, 2024]
- Monks head of social sees this as the biggest challenge for marketers in the creator economy - Digiday - November 21st, 2024 [November 21st, 2024]
- The 5 next big things in media, entertainment, and social for 2024 - Fast Company - November 21st, 2024 [November 21st, 2024]
- Meta is helping brands reach more audiences across social media and it's all thanks to AI - Business Insider - November 21st, 2024 [November 21st, 2024]
- AI In Social Media Market Insights 2024-2033: Key Drivers, Size, Share, and Outlook - openPR - November 21st, 2024 [November 21st, 2024]
- How luxury automotive brands are leading social media marketing in China and the West - Jing Daily - November 21st, 2024 [November 21st, 2024]
- Is your business ready for these 5 shifts in social media? - Marketing Interactive - November 21st, 2024 [November 21st, 2024]
- AI in Social Media Market Revenue to Attain USD 39.69 Bn by 2033 - Precedence Research - November 21st, 2024 [November 21st, 2024]
- The role of social media on Gen Z views on food - ahdb.org.uk - November 21st, 2024 [November 21st, 2024]
- What is Bluesky? Everything to know about the X competitor. - TechCrunch - November 21st, 2024 [November 21st, 2024]
- Study: Over 50% of HK adults turn to social media for financial advice - Marketing Interactive - November 21st, 2024 [November 21st, 2024]
- Major Driver In Drone Light Shows Market 2024: Social Media And Movie Promotions Acts as Driver - EIN News - November 21st, 2024 [November 21st, 2024]
- What are the links between social media algorithms, generative AI and the spread of harmful content online? - Committees - November 21st, 2024 [November 21st, 2024]
- A week since the U.S. election and social media is becoming more fragmented than ever - Digiday - November 16th, 2024 [November 16th, 2024]
- Skypex Launches Innovative Platform Combining Trading Education and Social Marketing - Yahoo Finance - November 16th, 2024 [November 16th, 2024]