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January 24, 2020
On the web
What to Know About Shopping on Pinterest
Glossy
“According to a recent report from the company, 83% of users have purchased a product after seeing it posted to Pinterest by a brand. Today, the company has over 320 million monthly active users, showing a big opportunity for brands to drive sales. Companies including SkinCeuticals and temporary tattoo brand Inkbox have already seen success advertising on the platform. When Inkbox ramped up spend 1,000% earlier last year, the company saw conversions increase over eight times.”
January 21, 2020
On the web
Venmo woos retailers with branded, animated stickers for its newsfeed
https://techcrunch.com/2020/01/21/venmo-woos-retailers-with-branded-animated-stickers-for-its-newsfeed/
“These animations were designed in partnership with Holler so they’re unique to the Venmo app and tailored to the sorts of transactions that take place there. For example, one is of a hoagie sandwich broken in half with text that reads “split the bill.” Another features a spinning pizza. One includes two characters pushing an IKEA shopping cart. And so on. IKEA isn’t the only brand to be included in the new stickers, as it turns out — Subway and others are also participating, Venmo says. (Keurig was initially listed as a sticker partner, then pulled out at the last minute. Other news sites have still included the brand’s mention, but to be clear — it isn’t launching now.)”
January 16, 2020
On the web
The Way to Indians’ Wallet Is Through Cricket. Just Ask PhonePe
Quartz India
“Cricket is a religion in India, and digital payments major PhonePe knows it better than anyone. The secret sauce for the success of the Walmart-backed company, which has lately been breathing down rival Paytm’s neck, is cricket sponsorships. PhonePe first invested its marketing spends into cricket in mid-2018 with the Asia Cup. After seeing a positive response, it upped cricket-related advertisements, the Flipkart-owned brand told Quartz.”
October 16, 2019
On the web
YouTube Partners With Merchbar to Sell Music Artists’ Swag Underneath Videos
TechCrunch
“YouTube is partnering with Merchbar on a new integration that will allow artists to sell their official merchandise to their worldwide fans from a shelf just below the video. The addition is the latest deal focused on helping video creators make more money from their videos, beyond the revenue brought in through advertisements and subscriptions.”
March 7, 2019
On the web
Mobile Ads Do More Work in One Second Than You Might Think
Wall Street Journal (paywall)
“Consumers took 400 milliseconds to see and react emotionally to 67% of mobile ads tested in a study by neuroscience research company Neurons Inc. for the Mobile Marketing Association, a trade group of marketers, agencies, media sellers and technology players. On desktops, it took two to three seconds to hit the same mark, according to the researchers, who said they used eye-tracking and EEG monitoring to measure what 900 participants saw and how they responded.”
March 6, 2019
On the web
Google Tests Shoppable Ads in Image Searches
Engadget
“Google is borrowing a few cues from Instagram and Pinterest to encourage more shopping in its search results. The internet giant is testing shoppable ads within image searches — find a picture of your ideal desk and you can tap a shopping tag button to see basic details as well as a link to buy it. This only applies to sponsored ads, thankfully, so you don’t have to worry about ads covering the images you want to see.”
January 24, 2019
On the web
Amazon and Chase Will Not Give Me a Straight Answer About What They Do With My Credit Card Data
Gizmodo
“People worry about how much Google and Facebook know about them, but Amazon is increasingly sucking up incredible amounts of data about individuals, too, such that it knows if you’re friends with the person whose book or product you’re reviewing. Amazon already knows what we’re buying on Amazon and in Whole Foods. What if it knows what we’re buying everywhere else too? Knowing what everyone buys every day is powerful for predicting their future behavior and further monetizing them (as other tech giants well know).”
August 31, 2018
On the web
Google and Mastercard Cut a Secret Ad Deal to Track Retail Sales
Bloomberg
“For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the U.S. That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for.”
March 20, 2018
Top Post
Help shoppers take action, wherever and however they choose to shop
Google Adwords blog
“Across the board, our focus on surfacing highly relevant offers has not only delivered a positive experience to consumers, but has helped our retail partners as well. Early testing indicates that participating retailers on average see an increase in total conversions at a lower cost, compared to running Shopping ads alone.3 We have also seen an approximately 30% average increase in basket size for merchants participating in Shopping Actions.4″
