Connect with us

SOCIAL

Pinterest Active Users Continue to Slide as it Loses Growth Momentum Sparked by Lockdowns

Published

on

Pinterest Active Users Continue to Slide as it Loses Growth Momentum Sparked by Lockdowns


While eCommerce has seen a big rise in activity as a result of the pandemic, it seems that at least some aspects of online shopping are now returning to the mean, with Pinterest’s active user count dropping once again in Q4 2021, the app’s third consecutive quarter of declining user growth.

As you can see in this chart, Pinterest’s monthly active user count has fallen from 478 million at the start of 2021, to 431 million now, a decline of 47 million active users throughout the year.

That’s a significant drop, and while 431 million actives is still a lot, the fact that Pinterest has lost almost all of the growth momentum that it gained over the past two years (Pinterest hit 416m MAU in Q2 2020) is not a good reflection of any utility and/or value that users are seeing in the app, as it hasn’t been able to keep these people on as regular users, even as it continues to branch out into new regions.

Indeed, that’s been one of Pinterest’s key value propositions, that while it may not have as many users as other social apps, those that are regular Pinners find big value in the platform, with 90% of weekly active Pinners using the app to inform their purchase decisions. That still could be true for its most dedicated users, but if Pinterest isn’t carrying that value over to new audiences, as reflected in its retention and growth stats, that could suggest that it’s failing to capitalize on that potential, and win over a bigger market share for the many brands that are trying to reach their target buyers in the app.

And Pinterest has made a more concerted effort to win over more users, and capitalize on its growth momentum, as reflected in its ‘Sales and Marketing’ spend.

Pinterest Q4 2021

Pinterest knew that it would lose momentum as a result of physical stores re-opening, and COVID restrictions easing around the world, so it made a bigger push to maximize its opportunities through a new branding campaign, in the hopes of stimulating more interest.

Based on the user counts, that hasn’t been overly effective, which is a concerning sign for the app’s growth potential moving forward.

But then again, its revenue figures did improve on the back of increased interest from retail advertisers leading into the holiday period.

Pinterest Q4 2021

As you can see here, the platform brought in $847 million in total revenue for the quarter, with the majority coming from the US. Pinterest is, however, seeing more significant revenue growth momentum in international markets, another potentially good sign.

It’s also posted some solid revenue per user stats, which reflects rising advertiser interest in the app’s audience.

Pinterest Q4 2021

Generating more money per user, however, does essentially come down advertiser interest, and if Pinterest continues to lose growth momentum, it will struggle to maintain these gains over the coming year.

In terms of functional additions, Pinterest expanded its in-app shopping tools to 13 international markets in 2021 (Pinterest says user engagement with shopping surfaces in the app grew 20% YoY), while it also put a big focus on making it easier for merchants to upload their product catalogs, in order to list their products as shoppable Pins.

Streamlined onboarding is key to getting more products into its ecosystem, and with Pinterest also working to improve its search and discovery tools, this is a big element in building out its platform as a central eCommerce destination. Better matches and more options is what, ideally, will keep Pinners coming back, and if Pinterest can generate more sales results for the brands that are using its listings, that will keep things moving in the right direction, at least on this front.

Pinterest also notes that it’s seen significant user interest in its new Idea Pins – its take on Stories – and its Watch tab, which puts more emphasis on video content.

Pinterest Watch tab

Pinterest is also trying to build more incentive for Pin creators, with its own creator funding program, which will help to get more practical, valuable content into its ecosystem, and keep Pinners coming back. That seems like a harder road for Pinterest, given that it’s not focused on entertainment, as such. But it does also need its most popular creators to remain active, in order to give its users more Idea Pin and Watch tab content to check in on.

But there are some clear challenges ahead in building on its opportunities, and stemming the flow of users away from the app.

In some ways, the fluctuations of the past two years have been entirely unpredictable, so who can say for sure what impact each consumer shift and lockdown has had on overall behavior? But if Pinterest loses all of the growth that it gained, that’s a significant impact, especially given other social apps have continued to grow throughout the period.

Does that mean that Pinterest is losing attention, and user interest? Again, 430 million users is still a lot, but if Pinterest drops below 400m, a retraction on its pre-COVID levels, that would be a disastrous result.

Though Pinterest does also make this note, which is interesting:

“In addition, lower search traffic (driven by Google’s algorithm change in November) negatively impacted our MAUs on a year-over-year basis. In fact, we believe lower search traffic was the primary reason for the sequential decline in MAUs from Q3 to Q4 in both the US and international markets.”

That’s seemingly in reference to Google’s Core Update, launched in November, and could reflect concerns from some search marketers that Google now seems to be crawling less content, meaning that websites with a lot of updates lost some of their SEO advantage. It’s hard to say, however, what the full impacts on Pinterest have been – but it clearly believes that the update has negatively impacted Pin performance.

Which is also interesting when you consider that Pinterest and Google are both looking to capitalize on shopping searches, with Google regularly updating Google Images and its visual search tools along similar lines to Pinterest’s advances.

Could it be that Google’s punishing a potential competitor, or using its update as a reminder for Pinterest to stay in its lane and not push too hard on siphoning off search traffic?

It’s an interesting consideration either way, and it’ll also be interesting to note whether Pinterest gets less referral traffic from Google moving forward – and how that impacts its overall performance.



Source link

SOCIAL

LinkedIn Launches Initial Stage of Native Post Scheduling in the App

Published

on

LinkedIn Launches Initial Stage of Native Post Scheduling in the App

Oh, what’s this:

That’s right, some users are now able to access LinkedIn’s native post scheduling tool, which it’s been testing internally over the past few months.

That adds another tool to your LinkedIn management process, which could be a big help in maximizing your on-platform presence. And with more users looking to potential alternatives, just in case Twitter falls in on itself, that may be a bigger consideration.

The process is pretty straightforward – you tap on the clock icon to access the scheduling options, then enter a date and time for when you want your post to go live in the app (up to 90 days in advance).

LinkedIn post scheduling

You then tap ‘Next’ and ‘Schedule’ and that’s it, the post is all ready to go, all within the LinkedIn app.

As you can see in the second image, you can also view and manage your scheduled posts in the app, providing a simple way to maintain your LinkedIn presence on the go.

I mean, functionally, it’s not a game-changer, as you can already schedule LinkedIn posts in most third-party social media management apps. But native scheduling options tend to be a little more reliable, particularly in regards to displaying how your posts will actually appear once they go live. Most scheduling tools do now include preview elements to help on this front, but integrated tools provide more definitive guidance, while also facilitating more post types and tools.

We asked LinkedIn for more info on the roll-out and it provided this statement:

“We’re starting to roll out post scheduling on desktop and Android so that our creators can easily plan the content they want to share next, with iOS coming soon. This means you can schedule text posts, videos, and images up to three months in advance.”

So not available to everyone just yet, but support for all platforms is coming soon.

LinkedIn also says that it’ll be adding post scheduling for Groups, Company Pages, and other types of content in the near future.

It could be a handy addition, helping you map out your LinkedIn strategy in a more integrated, mobile-friendly way.

Source link

Continue Reading




DON'T MISS ANY IMPORTANT NEWS!
Subscribe To our Newsletter
We promise not to spam you. Unsubscribe at any time.
Invalid email address

Trending

en_USEnglish