1> $TWTR Carousel Ads are gaining steam & hereโs a ๐๐ผ use of it by $AAPL | @Apple. Carousel Ads are not new but @Twitter has revamped theirs & I believe this will be a powerful ๐ for businesses to stand out. I touched on this at the Financial Fitness Ad Tech Event, transcript ๐๐ผ
2> Continue to grow brand and performance business thru video capabilities, measurements, ad formats ๐๐ผ
โช๏ธReleased new Carousel ads in Nov 2020. Theyโre made up of 2 to 6 horizontally swipeable images or videos that drive people to an app or website. Any advertiser can createโฆ
3> Carousel ads via Tweet Composer in Ads Manager or via the Ads API, & is able to use them either organically or promoted. This format includes an edge-to-edge design, 3P ๐, support, & new ๐ features like swipes within the Carousel & breakdowns to measure ind Carousel card ๐
4> ๐นFor Web Carousels, they saw on avg, a ~15% ๐ in click-through rate relative to single-asset formats
๐นAnd for App Carousels, we saw on average, a ~24% increase in installs per impression relative to single-asset formats
5> ๐นThis year, @Twitter will test multi-destination Carousels, a highly requested feature that can drive users to multiple websites
๐ค New ad formats are delivering 80% more impressions in Q4 YoY in 2020. $TWTR
2a) ๐ญ DRIVES LT GROWTH ๐ SYNERGIES FOR BOTH COโS
โ๐ช๐ผ consumer & merchant adoption has enabled @afterpay_au to deliver ๐ ๐ w/ rev up ~4x over the last 2 years. We ๐ a # of levers to help drive continued ๐ for them, 1st, in terms of ongoing secular ๐ of BNPL in eComm;โฆ
โtheir business has ๐ช๐ผ cohort economics, providing a durable foundation for ๐ across its merchants & consumer base. Afterpay has delivered positive GMV retention & ๐ purchase freq over timeโฆ
2b) $SQ impressed w/ international expansion @afterpay_au has demonstrated, showing ability to ๐ both consumers & merchants quickly in new regions, including ๐บ๐ธ, itโs fastest ๐ market to date. Also ๐ช๐ผ ๐ in ๐ฆ๐บ, ๐ณ๐ฟ, ๐จ๐ฆ, & ๐ฌ๐ง, as well as recent launches in Euro: ๐ช๐ธ, ๐ซ๐ท, & ๐ฎ๐นโฆ
Consumers spent a record $64.9B on ๐ฑ apps in the H1 2021, a 24.8% ๐ YoY. $AAPL @AppStore sawย $41.5Bย spent, vs $23.4B at @GooglePlay. However, $GOOG Play saw a 30% ๐ YoY in expenditure vs 22.1% for the @AppStore, thanks to ๐ demand in markets like the ๐ต๐ญ.
2> ๐ฑ games category had the most spent: $44.7B. Rest was spent on areas likeย sports, finance, biz, & subscription-based apps.ย
@tiktok_us & @YouTube est to have collected $920M (up 74%) & $564.7M, respectively. Users paid @Tinder $520.3M, making them 3 highest-grossing apps.
3> $TCEHY Honor of Kings ($15B),ย PUBG Mobile ($1.5B), &ย Genshin Impact ($848M) were the 3 highest-grossing games in H1 2021.
In H1 2021, App installs ๐ by 25.7% YoY to 71.3B as most activities shifted online due to the COVID-19. Downloads ๐ by 1.7% to 72.5B.
The ๐บ๐ธ social comm market is projected toย ๐ by 35.8% YoY toย $36.62B in 2021, perย @eMarketer.ย Social comm is when a company advertises & sells its products via social media platforms.ย
2> ๐จ๐ณ remains the ๐ largest social comm market, w/ sales exp to reach $351.65B or 13% of the nation's e-comm sales.
$FB is the largest platform in the ๐บ๐ธ w/ 56.1M buyers, while @instagram & $PINS have 32.4M & 13.9M, respectively. @WeChatApp is the dom player in the ๐จ๐ณ market.
3> Acq customers on major ๐จ๐ณ platforms such as $BABA ($123 average per customer) & $JD ($26) can be expensive. Brands have leveraged social comm to ๐ CAC
Live-steam social comm will be big as well. The ๐บ๐ธ live streaming market is nascent, but sales in ๐จ๐ณ are exp to beย $131.52B.
2) HAS COVID IMPACTED PRIORITIES?
๐ @Jack priorities have not changed but dev velocity has improved mightily.
๐ @CashApp DD work pulled up to get stimulus to Americans
๐Focus/magic is how to connect 3 ecosystems together: Seller, @Cashapp, @TIDAL
3) APPEAL TO NEW AUDIENCES:
๐ @CashApp / Seller: understand needs of customers & building ahead of that to broaden utility of ecosystem
๐Meet underserved customers/markets, like in SE US, gaining better risk/security controls to open up๐ช's comp. to peers