This week: LinkedIn's new tool helps measure your competition's growth; Facebook's quiet journey to becoming an enterprise software giant, plus its new admin controls for Groups; why Twitter's thanking email and push notifications for its pending profitability; five cool ways to get creative with LinkedIn video; why users will soon be able to see who your Facebook page is targeting and how much you're spending on ads; how to tell whether your social media strategy is working; more...
Skim to save time!
1. LinkedIn's new peer benchmarking tool can help brands stay on top of the competition
LinkedIn unveiled a brand new peer benchmarking feature that gives LinkedIn Premium Business, Sales Navigator, and Talent Solutions subscribers access to three new key insights:
- Total employee count
- Employee distribution and headcount growth by function
- Total job openings
The new insights will help brands not only compare employee growth of a company with those of its peers over time but also find out which functions in a company are growing more rapidly than others. The new benchmarking features are rolling out on desktop, with a mobile version coming soon.
2. Facebook quietly paves path to enterprise software giant
Facebook now has 30,000 organizations using Workplace, the company's ad-free, business-focused social network that officially launched last year with only 1,000 organizations. Among its clients? Starbucks, Delta, Spotify, Lyft, and Walmart.
The social network seized the opportunity to not only announce its growth but also introduce Workplace Chat, a desktop app—soon to include a group video chat feature. That means users no longer have to login to a browser to chat with colleagues.
Facebook has an impressive history of imitating features from competitors like Snapchat and Slack. The social network could well carve out a new expertise and lay yet another brick toward world domination.
3. Facebook bolsters groups with new admin controls, member profiles
Members' and administrators' roles in Facebook groups will now be indicated with badges, with admins, group moderators, and new members sporting tags below their names. When group members click on the names of other group members, a group-specific profile will appear that showcases role and activity within the group, as well as common interests and other publicly available information.
Admins can now also write automated welcome messages on groups to welcome new members, and they can access new insights to help them publish posts when group members are most engaged on the platform.
Facebook also increased moderating powers, with admins being able to temporarily turn off any member's ability to comment or post.
4. Twitter edges toward profitability thanks to email and push notifications
Twitter wooed investors with its third-quarter financial report, posting a loss of only $21 million (significantly less than its $103 million deficit one year ago). In fact, Twitter's thinking is so positive that it says it could turn its first net profit by the end of the year should growth reach the high end of its target.
The social platform now has 330 million monthly active users—an increase of 4 million since the second quarter—and the company attributes that growth to greater use of email and push notifications that help users find tweets they'll want to read.
5. Five ways to get creative with LinkedIn video
Two-thirds of American consumers watch mobile video, and now that LinkedIn's introduced its own native video feature, brands need to find ways to stand out from the pack on the platform.
From taking users behind the scenes of your company and sharing what your brand has up its sleeves, to giving previews of products and events and interviewing people that are passionate about your industry, Adweek has five creative ways—and real life video examples—of how to be more engaging while keeping things simple and concise.
6. Facebook ad transparency feature to go live next month