YouTube has recently received backlash from advertisers who have learned their product advertisements were being shown alongside derogatory content they did not agree with. To add insult to injury, many video creators receive profit from the advertisements that are served on their videos, meaning companies have unknowingly been paying to “support” extremely controversial content creation. As a result, several large companies pulled branding from the platform’s videos and forced YouTube to take action and make changes to its targeted advertising structure, as well as how content creators are paid.
These advertisers want to target their content to specific audiences, and they want YouTube to provide a means to do so. Although YouTube has made recent changes to remedy their recent crisis, they still market to the masses, allowing ads to be served up anywhere and to anyone watching videos on its platform. This means its brand advertisers are still paying to be in front of irrelevant audiences.
As an organization sending mass volumes of business-critical documents, you have the power to individually impact every customer through your communications. Here’s how:
You have so much customer data at your fingertips- it’s time to put it to good use! Age, income, geographic location, and marital status can help you deduct if your customers are eligible for other services or affiliate marketing. Contact Lanvera today to learn how we can help you learn from YouTube’s crisis and gain control of your communications by incorporating personalized, dynamic messaging into all your business-critical documents.
The “we’ve always done it this way” mentality will cripple your credit union as your competition adopts the latest technology and business practices to maintain success and growth. Continuing to operate as-usual year over year without change creates challenges for your credit union operations, and ultimately your members. Therefore, it is critical to continually evaluate new processes and opportunities to achieve your credit union’s current and future goals.
Today, we have outlined the top business challenges facing credit unions that are opposed to change, as well as a few ways to effectively implement change: