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October 11, 2021 by Mack Collier

Monday’s Marketing Minute: Paid Events Coming to LinkedIn and Twitter, Young Adults Using Facebook Less, NFT 101

Happy Monday! I hope you are ready for a wonderfully productive week! Can I complain about the weather for a minute? October has always been my favorite month of the year, by far. The weather is always amazing, low humidity, temps in the low to mid 70s the entire month.

But this year has been a weird Summer and Fall, weather-wise. June-August was consistently 5-10 degrees below normal almost every day, which was VERY welcome! But starting in September, the temps inexplicably stopped falling.  The temps since have been mid to upper 80s.  So now it’s 5-10 degrees ABOVE normal. So crazy. The good news is that starting next week we are supposed to get highs in the low to mid 70s, and lows in the low 50s. Which is finally normal for this time of year. Ready for cooler temperatures and Halloween!

On with the marketing and social media stories I’ve been reading…

 

So LinkedIn is tinkering with an option to let creators charge for virtual events on the platform. This comes after Twitter has begun rolling out an option to let creators charge for Spaces. I think paid virtual events make complete sense for LinkedIn. There are a ton of monetization options being made available to creators of all shape and size right now. If you are active on any social platforms in any capacity, it’s worth your time to see what’s available to you.

The latest in LinkedIn's creator monetization push https://t.co/IRpXr2xm2h

— Social Media Today (@socialmedia2day) October 5, 2021

 

 

Internal documents from Facebook show that will users under age 30 make up over a quarter of the userbase, they are spending less time on the platform versus their older counterparts. Let’s be honest, Facebook has had a lot of problems for years. The reason why its getting attention now is mostly because politicians are scrambling to leverage them to attack or silence the opposition. Facebook is no longer the ‘cool’ social network it was 10 years ago or so, and young users will avoid anything with even a hint of ‘uncool’ about it. So don’t be surprised if more problems are on the horizon for FB in the coming year.

"Young adults comprise 27% of monthly US FB users, but compared to adults 30+, they spend less time on the platform and produce and interact less with content" https://t.co/aSC0Ac2T6Z

— Social Media Today (@socialmedia2day) October 7, 2021

 

Two topics that I am woefully ignorant on is cryptocurrencies and NFTs. Luckily, I found this guide to NFTs shared on Twitter to help get you up to speed.

NFT Guide for Creators – How to Mint and More #SMprofs #FrebergPR https://t.co/MoN8mYUX5p

— Karen Freberg • #SMprof • Author • Consultant (@kfreberg) October 7, 2021

 

So that’s it for this Monday, thanks for reading! I’ve added a Donate button to the sidebar on the right underneath the search box near the top. If you’ve gotten value from my content, please consider donating whatever you like. I will use the tips to help offset the cost of hosting, certificates, security and equipment to run the site. So any help is greatly appreciated! Hope you have a wonderful week, see you here next Monday for more news!

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Filed Under: Facebook, LinkedIn, NFTs

About Mack Collier

My name is Mack Collier and I am a digital marketing and content strategist located in Alabama. Since 2006 I've helped companies of all sizes from startups to global brands such as Adobe, Dell and Ingersoll-Rand, create customer-centric programs, content and experiences. A long-time internet geek, I've been online since 1988 and began using social networking sites in 1991 when I joined Prodigy. Today, I help companies understand the ever growing and evolving web3 space, including crypto, NFTs, DAOs and the Metaverse.

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