“It’s low-stakes advocacy with high goodwill upside. These companies aren’t big Facebook spenders, and are only committing to suspend advertising through July. For wanderlust brands, pulling adverts when much of the world isn’t traveling makes sense apart from a boycott.”
Social media companies have come under increasing pressure to cut down on the amount of hate speech that circulates on their platforms. “Stop Hate for Profit” is one such movement, and it gained steam when a series of prominent outdoors brands, including North Face and Patagonia, announced they were pulling their advertising from Facebook.
At the risk of sounding cynical, this seems like an easy play for brands that were already cutting back on ad spending in a pandemic. But that doesn’t mean it can’t garner those companies some good PR, and if enough big spenders join the publicity party, it could potentially put a tiny dent in Facebook’s ad revenue. But when that’s the core of your business model… it’s an emerging crisis worth watching.
The boycotts have already proven to be excellent PR for the early-adopting brands, which may be the biggest encouragement for others to join the cause. We’ve seen study after study the past few years indicating that American consumers, especially the sought after 18-34 demo, want brands to engage in corporate advocacy.
Side note, it was really cool to appear alongside Matt Navarra in this piece. Matt’s one of my favorite voices for smart social media commentary. Follow him on Twitter.
Thanks to William Turvill for reaching out, and bearing with my wonky email client on deadline.
Read the full story in the U.K. Press Gazette.
See more of my media appearances here.