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#158: Tactical Tuesday: Will Apple's Latest Update End the Era of Facebook Ads?

Healthcare Boss Academy Podcast

Release Date: 01/26/2021

#358: The Pros & Cons of Having a Business Credit Card show art #358: The Pros & Cons of Having a Business Credit Card

Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, presents the pros and cons of having a business credit card. If you choose to have one, he provides tips on how to use the card wisely. EPISODE HIGHLIGHTS: Jason shares an example of someone who funded their startup with a business credit. He changed his mind on the business and presumed he wouldn't be held personally responsible for the debt. He was wrong. Jason explains the differences between a small business credit card and a corporate credit card. A corporate credit...

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#357: Are You a Creator, Controller or Owner? show art #357: Are You a Creator, Controller or Owner?

Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy talks about how to create wealth in today's economy, including the two ways to do this and the three types of people who create wealth through their assets.    EPISODE HIGHLIGHTS: The right way to create passive or semi-passive wealth is to create multiple assets vs trading your time for money or ‘working your ass off.' There are three categories of people with assets: creators, controllers, and owners. Creators generate revenue using their mind to build or create...

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#356: Systematizing Multiple Streams of Revenue show art #356: Systematizing Multiple Streams of Revenue

Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy, talks about if and when you should consider looking into multiple streams of revenue – and how to systemize them.   EPISODE HIGHLIGHTS: Creating multiple streams of revenue may be the obvious way forward but it also has its pros and cons. Timing and taking little steps should always be your focus if you want all of them to succeed. Systemize your streams of revenue. Doing everything at once will only lead to inefficiency and even failure.  Stop pulling yourself into...

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#355: Find Your Capital-S Story and Communicate the Value of Your Business Through Effective Storytelling with Paul Furiga show art #355: Find Your Capital-S Story and Communicate the Value of Your Business Through Effective Storytelling with Paul Furiga

Healthcare Boss Academy Podcast

OVERVIEW: “Some are born great, some achieve greatness, and some hire public relations officers.” – Daniel J. Boorstin Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, sits down with Paul Furiga, President and Chief Storyteller of WordWrite. In this episode, Paul shares decades’ worth of knowledge on Public Relations, such as various PR concepts, how to use PR to gain success, and his take on the difference between Advertising and PR.  EPISODE HIGHLIGHTS: He spent about 20 years in Journalism, wrote about 10,000...

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#354: Are you an aspiring entrepreneur burdened with student loan debt? show art #354: Are you an aspiring entrepreneur burdened with student loan debt?

Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast talks about how – and if – you should start a business when you have student loan debt.   EPISODE HIGHLIGHTS: In the US, student debt totals 1.6 trillion dollars. The average student graduates with just under 38k in student loans. And 15% of the US population currently has student loan debt. Jason shares five tips for those struggling with student loans yet still want to launch their business. First, choose your institution wisely. As a student, think about the return...

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#353: How to Build Audiences, Authority & Connections show art #353: How to Build Audiences, Authority & Connections

Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, talks about how to become a guest on a podcast show. He also discusses the benefits of being a guest, including building your authority in your area of expertise, growing your audience and developing connections.    EPISODE HIGHLIGHTS: Being on a podcast show is similar to appearing as a guest on a YouTube channel or writing a guest blog post. It allows you to reach new audiences.  Jason has five tips for becoming a guest on a podcast show ability to speak well...

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#352: Using Innovative Technology in Healthcare to Improve Patient Care and Clinic Efficiency with Kathrine Saunders show art #352: Using Innovative Technology in Healthcare to Improve Patient Care and Clinic Efficiency with Kathrine Saunders

Healthcare Boss Academy Podcast

OVERVIEW:  Obesity is a disease. It's not just a lifestyle issue. Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, sits down with Katherine Saunders, Co-Founder of Intellihealth, Diplomat of the American Board of Internal Medicine and the American Board of Obesity Medicine, and Host of the Weight Matters Podcast. Join us in this episode as we debunk the long-standing stigma surrounding obesity and learn more about Katherine and Intellihealth's mission to bring accessible medical obesity care for all.   EPISODE HIGHLIGHTS ...

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#351: 3 Ways to Attract Top Talent: Autonomy, Title & Flexibility show art #351: 3 Ways to Attract Top Talent: Autonomy, Title & Flexibility

Healthcare Boss Academy Podcast

OVERVIEW Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, talks about how to attract the top talent to your team when starting or running a new business. EPISODE HIGHLIGHTS: If you’re launching or starting a new business, building a team of talented people is important for growth. When you have a great team, you can deliver great products and service.  When it comes to hiring new employees, position the benefits of working for your company, especially if you can’t offer a big salary.  One advantage of working for an...

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#350: When Should you Discharge an Angry Customer? show art #350: When Should you Discharge an Angry Customer?

Healthcare Boss Academy Podcast

OVERVIEW: Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast talks about the best way to manage irrational and overly demanding customers. EPISODE HIGHLIGHTS: When you own a business, complaints are something you can't escape. There are ways you can manage angry customers while maintaining the integrity of your company.  Be empathetic and listen to what unsatisfied customers are saying. Put yourself in their shoes and really listen to the core reason behind their complaint.  Unhappy customers are louder than happy customers....

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#349: From Pharmacy to Agency: How David Lu Changed His Trajectory with Video Production show art #349: From Pharmacy to Agency: How David Lu Changed His Trajectory with Video Production

Healthcare Boss Academy Podcast

OVERVIEW: “We're not competitor-obsessed, we're customer-obsessed. We start with what the customer needs and we work backwards.” — Jeff Bezos Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, sits down with David Lu, Founder of Axon Video Strategy. In this episode, David shares how he combined his years of Pharmacy experience, passion for Business, and for Video Production expertise to build his value-driven career today. We also learn what separates a regular skill from an in-demand, client-centric service. Tune in to learn more...

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More Episodes

OVERVIEW:

Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast talks about the impact of Apple’s latest IOS 14 software update, particularly when it comes to digital marketing using Facebook and Google ads.

 

EPISODE HIGHLIGHTS:

  • Apple’s latest IOS 14 update, released in mid January, will have a great impact on businesses who rely on Facebook and Google ads for revenue generation.
  • The update will directly impact collecting and tracking user data - the primary feature of online ads for prospect and customer targeting. 
  • This will affect small businesses who rely on Facebook ads to track ROI and it will affect Facebook’s bottom line as well. 
  • Apple is responsible for 55% of all web traffic. 
  • Currently, Facebook helps advertisers target a specific group of people within a particular market. With the new update, tracking the return on ads and conversions will become almost impossible.
  • The mandatory Apple update will prompt users to agree to their data being shared.
  • A 50% drop in revenue could be observed for small businesses once this update is released. 
  • In addition, ad tracking attribution will go from 28 days to 7 days, greatly reducing the time you have to convert prospects into customers. This could have a trickle-down effect on other web applications and phone operating systems.  
  • If you rely on ads for revenue generation, there are steps you can take to be proactive. 
  • Verify your domain with Facebook. Turn on conversion KPIs on Facebook Ads Manager. And keep an eye out for Facebook’s potential workaround - Aggregated Events Measurement, allowing you to track your own data.  
  • Another potential workaround is using external software, such as HYROS, to track customer data for you.

3 KEY POINTS:

  1. Apple makes up 55% of all web traffic and the changes they make will have a great impact across all platforms, particularly Facebook. The new IOS 14 update will eliminate collecting and tracking user data if Apple users agree to the prompt.  
  2. The update will greatly affect Facebook’s ability to target specific markets and track ROI, and limit their Adsense program as well.
  3. There are a few workarounds you can do. Start by verifying your domain with Facebook. Turn on conversion KPIs on Facebook Ads Manager. And consider using third-party software to track your ads.  

 

TWEETABLE QUOTE:

“There’s a lot of businesses out there that generate 100% of their revenue from Facebook ads. This is going to be a big change for a lot of people.” - Jason Duprat

 

RESOURCES:

 

HYROS Software - https://hyros.com/

 

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