Key Takeaways:
Mixbook has seen its MAUs rise by 38% YoY in the first eight months of 2024, while Zola recorded a 12% YoY increase in MAUs in the same period. This growth bucks the trend of declining usage across other photo book, photo printing and wedding planning apps in the US
AI-driven innovations may drive growth for photo books and printing apps. In 1H24, two of the top three fastest-growing iOS photo & video apps in the US were AI-powered image editors
Mixbook’s Facebook ad spend in the US strongly correlates with its app usage, accounting for 69% of the variation in MAUs. A 50% increase in spend from the Jan-Aug’24 average could potentially add 10K additional MAUs per month
Instagram and Facebook have become central to Etsy's marketing strategy, with ad spend on these platforms combined rising by over 100% YoY in the first eight months of 2024. A key focus has been gift-themed campaigns, which drove over 500mn impressions on Instagram in July and August—a 630% YoY increase
Etsy’s Instagram ad spend shows a strong correlation (0.97) with resurrected users in the US, which increased by 3ppts YoY in Aug’24
Zola’s rise in downloads in the first 8 months of 2024—up 26% vs 2022—aligns with a shift in the app’s Apple Search Ads strategy, which has seen a sharp increase in its share of voice for wedding-related keywords
Zola’s Facebook ad spend showed a strong lagged correlation (r = 0.82) with app downloads during the 2023 Christmas holidays, suggesting that certain marketing campaigns may take time to impact engagement
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