The much-anticipated iOS14 update is coming and it’s going to impact brands, advertisers and consumers. How? Good question! We have a breakdown of exactly what this update means and how to prepare for those changes that will certainly have you adjusting your ad strategy moving forward.
Advertisers are now all in the same boat - prepping to figure out what will and won’t work when it comes to paid ads.
Working with paid advertising means being a constant executor and learner. We’re lucky to have Tony Christensen on our team who exemplifies both.
So what does all of this mean for your brand? Here's the breakdown.
The iOS14 Update - What it is:
So, what is all the noise about the update? It’s essentially an opt-in (or out) for data-sharing.
This update will impact all advertisers because it allows users to self-select whether they want to share data from visiting websites with the specific app.
Right now, when it comes to Facebook ads, it’s super easy as a brand and advertiser to see the results. You run a campaign, check the data and BAM - you know whether the ad was effective or not.
Well, that’s about to change with this new update.
Who is Impacted:
The update is going to impact brands, advertisers and consumers. AKA, the update is going to impact everybody.
This update impacts advertisers' ability to target, report, and get data and information about how ads perform.
It’s not just about Facebook. This update is going to impact every social media channel and advertising platform available to brands.
The reason why the eyes are on Facebook is because Facebook has been active in raising awareness about the upcoming update to get people to opt-in, AND because advertising on Facebook is hugely powerful. Thus, is going to be majorly impacted.
Where the Data will be Limited:
As a result of this update, data is going to be harder to capture from ads. Due to data lags and shrinking attribution windows from users opting out, there will be less information available AND it will take longer to collect.
Not to mention, retargeting and re-marketing are going to become much harder.
So, when you’re browsing online for boots... If you don’t opt-in, you’re not going to see an ad for those boots on Facebook later. You might see an ad for an irrelevant dog collar instead. Sort of annoying, right?
When it’s Rolling Out:
The fun part about this update is that we really don’t know when it’s even rolling out.
Thrilling, right?
It’s because of that, that we recommend your brand do these two things:
- Verify your business domain
- Set up your conversion events
Starting to get ahead of the curve and taking action.
Why is this Even Happening:
The big question really is: does Apple care about privacy or are they really just trying to control data?
The “why” that Apple claims is to give users more privacy.
What do we think? >> It’s a mix. Sure, privacy sounds nice but we think data is really the why behind this update.
How the iOS14 Update Impacts your Brand:
This isn’t going to be easy to navigate as a brand. For starters, you’re going to see data lags.
Data lags are going to make it a lot harder to manage campaigns and budgets effectively.
It's going to be nearly impossible for brands to scale campaigns and pivot quickly because the data won't be pulled fast enough.
Not to mention, the limited targeting! If a user says they don’t want to be tracked anymore, that means that we can’t retarget them.
All of these changes are going to result in major changes within Facebook.
Shifting algorithms and reporting changes are going to make it harder for small business owners trying to navigate the platform themselves.
Our tip for small business owners? >> It might not make sense to run paid ads anymore on Facebook. These changes are going to make it harder to run ads successfully.
“Most people are saying small businesses shouldn’t just run ads themselves. They should work with someone who understands strategy because it’ll make it more successful.” - Tony Christensen
Another tip we have for brands? >> Lean into email marketing! Focus more on developing an email presence and strategy, so you don't have to rely on advertising as much.
Putting It All Together:
At the end of the day, the most important thing we can do as brands is own our data.
We need to have a homebase where our content lives, where our sales can take place, where we can collect data and drill down into it to know what the flow is like… we need to invest in our website and maximize things organically first.
It’s not about relying on ads anymore because if we’re seeing anything, it’s that paid ads are the wild west.
Keeping up with these changes and understanding what they mean will be hugely helpful for your business in staying ahead of the game as this update rolls out.
The iOS14 Update isn’t just an advertising thing; it’s a consumer and brand-relevant update and the brands that continue to learn, stay ahead and do the right thing will be the brands that continue to grow despite the changes in the industry.
What are your thoughts? Is your brand prepared for the iOS14 update? If you need help navigating these changes and updates, we're happy to offer guidance as we navigate the new lay of the land.
Share your thoughts in the comments below!
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