Jun 8, 2021
Here in the northern hemisphere it’s starting to really feel like summer, as many national lockdowns are coming to an end. Perhaps it’s best summed up by that master of advertising over the decades, Ireland’s own Guinness.
The global enthusiasm for furry friends throughout the pandemic has not just helped to alleviate social isolation in lockdown — it’s been good for the bottom line, too. Pet-related stocks have beaten the performance of the US tech-focused Nasdaq Composite index over 12 months, reports The Financial Times. Shares in Chewy gained 77%, trouncing Amazon’s performance, Germany’s Zooplus is up 125% and shares in the UK’s Pets at Home rose by 75%. More than 3 million UK households bought a pet during the pandemic, fuelling food shortages, while US households spent £74bn on pet products. Have a look at our article on how animal charities have been able to make the most of online communities.
New forms of money are making their mark. El Salvador is the first country in the world to make bitcoin legal tender, and eBay will be the first ecommerce platform to allow NFTs, for purchasing digital collectibles. The girl whose photo as a 4-year old in front of a burning building joined the ranks of “world-famous memes” over the last decade, has now found a way to benefit from it - earning $500k in the form of NFTs. Now a college senior, she plans to use the proceeds from the sale to fund her student loans and support charities.
It’s time we talked about Roblox. Well, I actually talk about it all the time at home as my two kids never seem to stop playing it. Its increased use during the pandemic brought it into many more homes, and is starting to be noticed by advertisers. This online game and game-creation platform which is played by over 50% of American kids, with 32 million daily active users (more than Fortnite) went public with a bang in March 2021. The platform is also Apple’s biggest daily earner, bringing it almost $1million per day (taking a 30% of the cut). With a younger demographic, you can never tell how it will stick as they grow older, but Roblox is worth watching, as it gives us a glimpse into how the gaming industry is evolving and how marketers can continue the change to immersive, branding experiences as opposed to ad exposures.
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And don't forget the Jobs Board!
It’s hard not to be charmed by the Swiss Tourism Agency’s quirky commercial featuring tennis star Roger Federer trying to persuade a grumpy Robert de Niro to come and be in a movie about his beautiful country.