Elon will be Twitter's new dad once the deal is sealed, but advertisers aren't too keen on his new parenting style.
👉 Background: Elon's set to be Twitter's new dad once the sale is finalised. And he's bringing a new, interesting parenting style.
👉 What happened: Elon's version of free speech (aka free speech but no bad words about him, Grimes, Tesla, bitcoin or dogecoin) has a lot of people (read: advertisers) worried.
👉 What else: Twitter's insisting there's nothing to see here... but advertisers think the new policy could muddle their brand image and reputation.
💡 When it comes to advertising, context is key. It's all about putting your business message on the right platform, in front of the right audience, in the right way.
💡 Businesses want to be associated with platforms that align with their own values. I mean, ya wouldn't see Bunnings advertise on OnlyFans.
💡 If Elon's free speech allows hate speech... advertisers could turn around and re-enact the 2020 Facebook boycotts. And with Twitter's ad business responsible for around US$4.5 billion worth of revenue each year... this could pose a bit of a problemo.
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