Daily Minute Master Series – May 6, 2020
Social Media
Whats a second, isn’t this…? Didn’t Twitter already announce this? Today, Twitter has announced that some users on iOS and web will now see its new threaded tweet replies layout, which includes a line linking replies to the original tweet.
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Pinterest Adds 32 Million More Users in Q1, Now up to 367 Million MAU
Pinterest has repeatedly noted that it’s been seeing record high levels of usage amid the COVID-19 lockdowns, and now, we have some extra perspective on what exactly that means, with the company posting its Q1 2020 results, which show stable increases in both active users and revenue. First off, on users – Pinterest is now at 367 milllion monthly actives, up 32 million on its Q4 2019 report.
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Marketing
Omnichannel has been a buzzword for years in the retail industry and has been vaguely synonymous with digital transformation. But now there’s more urgency, as traditional merchants large and small are having to place more emphasis on technology, e-commerce and integrated online and offline experiences (e.g., BOPIS) during the pandemic.
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Advertisers Signal Glimmers of Optimism
Here we are at the beginning of May. Many businesses still can’t resock inventory, but the initial jolts to supply chains and fulfillment systems have somewhat subsided. The mortality rate attributed to COVID-19 declined in the U.S. last week, “but remains significantly elevated.” Roughly half of small businesses said they could survive just two months in late March, and the gradual reopenings by states are now “a source of uncertainty rather than confidence,” for many of them. Overall, business confidence in the U.S. plummeted 17 points in April.
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Google Confirms May 2020 Core Algorithm Update Rolling Out Today
Google’s Danny Sullivan has confirmed that a core algorithm update is rolling out today – May 4, 2020. The update will officially be known as the “May 2020 Core Update.”
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