Monthly Archives: November 2019
Page speed optimization should be at the core of your SEO strategy. Your page speed is just as important as site speed is to SEO. Here, page speed should not be mistaken for website speed.
What is page speed optimization and how important is this factor to your overall website ranking? Your page speed is technically how long it takes the content of a specific page on your website to load completely – or in more technical terms, “time to first byte”, which the time it takes for your client’s browser to get the first byte of data from your web server. Just like site speed which measures how fast a sample of page views on your website, page speed is critical to your search rankings.
Several reports are saying, including Google admitting in 2010, that site speed due to the high relevance of page speed, is used as a web search ranking factor. Now that this is the case, how can you optimize page speed and improve your search rankings? Read on to learn more.
Site speed as Google’s page ranking signal
Since Google’s admission to the importance of page speed, we’ve seen several tutorials on how to understand page speed and improve it for your website. Given Google’s reputed tight-lipped stance on what makes for their ranking factors, it’s understandable to see the level of importance users have paid to page speed since the announcement.
In my view, page speed would be critical to Google owing to the fact that good user experience is one of its chief aim for its users. It’s now important to take measures to get your page speed right by focusing on the following areas.
1. Time to first byte (TTFB)
An area to focus on to get insight on how to improve your page speed is how long it takes your browser to receive the first byte of information from your web server. This is what is technically known as “time to first byte”.
A perfect tool to evaluate this is Google’s PageSpeed Insights, which measures reports from the FCP (First Content Paint) and DCL (DOM Content Loaded) by polling data from CrUX (Chrome User Experience Report).
Running a test using Google’s PageSpeed Insights doesn’t only provide you with site speed data but also includes suggestions on areas to work on to improve speed. An example is a test on NYTimes/section/politics which returned 45% for the desktop and 34% for mobile – which is actually more important.
2. Your web hosting
While most would go ahead and start tweaking their web design and looking at what plugins may cause a lag in page speed, the culprit is not always obvious.
Your web host would play the biggest role in how fast the pages of your website loads. You can run a lean one-page website on some hosting services and still come short on the page speed or website speed.
According to a guide on website speed published by Kinsta, mediocre web-hosting contributes significantly to how fast a website loads. Factors such as geographic proximity to users (cloud hosts are superior in this regard), the volume of clients on a single server and the size of a server’s RAM and bandwidth limit all contribute to the performance of a website hosted on any giving server.
Since 74% of users will never return to a website that takes longer than 4 seconds to load, a poor hosting provider could cost you thousands of dollars in lost revenue opportunities. This is not counting the loss of traffic as a result of negative search rankings from poor SEO.
3. Redundant and inactive plugins
Inactive plugins on your website are often serious culprits in slow site speed.
Although, the reason plugins have the option to “activate” and “deactivate” them is to make them dormant while you decide whether they may serve any need in the future, rather than deleting them. However, the most efficient way to prevent plugins that are not being used from dragging down your website is to remove it.
To prevent plugins from unnecessarily slowing down pages of your website, you can consider taking the following measures:
- Only install plugins when they are absolutely necessary
- Clear your website cache and Minified CSS/JS after removing a plugin
- If a plugin hasn’t been active for three months, consider removing it from your website
- Only install plugins that are up to date and marked as compatible with your WordPress version
Aside from causing lags in your website’s page speed, inactive plugins may cause vulnerability to the security of your website leaving you exposed to attackers and hackers. This undoubtedly will negatively affect your website’s SEO and rankings, costing you traffic and revenue.
4. Clean your website codes
Another area you should look out for when dealing with page speed is the codes that make up your website. While this is a more technical exercise and is better handled by technical professionals, taking care of your website codes and ensuring nothing is off can help you gain some speed.
When investigating website codes that could affect site speed, look into these areas:
- Theme files
Poorly configured theme files, for example, may conflict with your users’ browser, thereby negatively affecting how fast your website loads. Below are some aspects you may want to investigate to make sure your website codes are in proper shape:
- Enable dynamic caching
- Avoid making changes to parent theme files and opt for child theme instead
5. Content delivery network (CDN)
Using a content delivery network or content distribution network, commonly known as CDNs can significantly reduce the time it takes to fully load pages of your website. When users are browsing the internet, proximity to your server can affect how fast content is delivered to them.
What CDN does is host your website content in the cloud, and let the nearest server to your clients handle the delivery of the content when they access your website. Since geographic proximity is also a factor in the speed of content delivery, using a CDN takes care of this and eliminates the associated delays that come with loading a website’s content from a distant location.
CDNs also utilize caching to reduce your hosting bandwidth, making room for smooth content delivery and rendering. Plus, it also helps prevent downtimes with your website.
When you opt for a CDN, the following aspects of your website’s content are taken care of:
- Images and videos on your server
- HTML pages
Apart from speeding up your website and helping you to improve your SEO, utilizing a CDN can also be beneficial in the following areas:
- Security: Your website can be protected from hackers and random attacks targeting your website
- Mitigation against DDOS attacks: Distributed Denial of Service (DDOS) attacks is the most common form of hacks launched against websites to date when a malicious agent tries to disrupt the service of your website. CDNs can fortify your website against this common attack.
- Increases content redundancy and availability: Since CDNs keep content distributed, pages of your website will remain active and accessible should there be a malware malfunction or spike in traffic
Images are important components of every webpage. And roughly nine out of ten pages on a website would include at least an image. It also goes without saying that images consume the most bandwidth on a website.
To boost your website page speed and enjoy solid SEO dividends, you should optimize images on your website to consume as little bandwidth as possible. Heavy and oversized images are among the top reasons a website may experience slow page speed.
Images that are wider than the content area of your website would overlap on the screen, causing the user experience to suffer. Getting your image size right can make a huge difference in how your page loads.
6a. Image compression
According to findings reported by Blake Hawksworth for effective inbound marketing on how to improve website page speed, it is revealed that –
“Compression has the potential to have the largest impact on page speed, as on average, images make up a total of 65% of a website’s weight.”
This further solidifies the fact that getting your image size and compression right can have the biggest impact on your page speed optimization.
In order to see gains on your SEO, improving page speed by compressing images on your website should be a top priority. To get this right, use image compression plugins such as WP Smush (for WordPress users) or Mass Image Compressor to reduce the file size of images that are uploaded to your website. On image width, ensure you’re not uploading images that are wider than the frame of your website content display area.
6b. Google’s guidelines for image optimization for page speed
Another reliable way to ensure images are well optimized for page speed on your website is to follow Google’s guidelines for image optimization. Realizing the traffic generated by images and their impact on a website’s page speed, Google decided to release a set of guidelines for webmasters to adhere to meet content efficiency and page speed optimization.
And since Google is releasing a set of guidelines for image optimization, it’s safe to assume that images would have significant outcomes on a website’s rankings. Since the scope of this article would not allow me to go over everything in Google’s image optimization guidelines, I recommend visiting the resource for consultation. Rather, I’ll share a breakdown of the most important factors required in the “image optimization checklist”, as recommended by Google, in the next point.
6c. Image optimization checklist
Google declares that there is no definitive answer for how best to compress an individual image, but there are “well-developed” techniques and algorithms that can help see improvements in size reduction. Below are the tips they shared:
- Prefer vector formats: to meet the demands of a multi-device and high-resolution world, vector images which are resolution and scale-independent are the best option.
- Minify and compress SVG assets: Ensure your servers are configured to apply GZIP compression for SVG assets.
- Pick the best raster image format: pick images based on the most-suitable functional requirements.
- Experiment with optimal quality settings for raster formats: Google recommends dialing down the “quality” settings and you’ll see significant byte savings.
- Remove unnecessary image metadata: Google concludes that many raster images contain unnecessary metadata such as geoinformation, camera information, etc. They recommend using appropriate tools to strip this data.
- Serve scaled images: Google recommends that you resize your images on the server and ensure that the “display” size is close to the “natural” size of the image. Pay more attention to large images because they account for the largest overhead when resized.
- Automate: Google recommends investing in automated tools that will ensure all image assets are always optimized.
Page speed is, as we’ve seen, an important factor in Google’s SEO rankings. And from this article, it’s obvious that getting image optimization right takes the lead in improving your website’s page speed. Try the tips I’ve shared in this article and let me know how your page speed has improved, and if it translates to better rankings for you.
Ayodeji is the founder and CEO of Effective Inbound Marketing, a leading digital agency. He recently acquired BoostMyMedia.com to help clients in the online reputation area.
The post Page speed optimization: Six areas to focus on for better SEO results appeared first on Search Engine Watch.
Chris Cox’s motivational speeches were at the heart of Facebook’s new employee orientation. But after 14 years at the social network, the chief product officer left in March amidst an executive shake-up and Facebook’s new plan to prioritize privacy by moving to encrypt its messaging apps. No details on his next projects were revealed.
Now the 37-year-old leader will be putting his inspirational demeanor and keen strategy sense to work to protect the environment and improve the government. Today at Wired25 conference, Cox finally shared more about his work advising political technology developer for progressives Acronym, and climate change-tracking satellite startup Planet Labs. He also explained more about the circumstances of his departure from the social network’s C-suite.
On how he felt leaving Facebook, Cox said, “part of the reason I was okay leaving was that after 2016 I’d spent a couple years building out a bunch of the teams that I felt were most important to sort of take the lessons that we learned through some of 2016 and start to put in place institutions that can help the company, be more responsible and be a better communicator on some of the key issues.”
LIVE: We're live with Chris Cox, former Chief Product Officer, Facebook, from our #WIRED25 summit in conversation with WIRED senior writer Lauren Goode.
Posted by WIRED on Friday, November 8, 2019
As for what specifically drove him to leave, Cox explained that, “It wasn’t something where I felt I wanted to spend another 13 years on social media. Mark and I saw things a little bit differently . . . I think we are still investigating as an industry, how do you balance protecting the privacy of people’s information and continuing to keep people safe,” Cox said.
On whether moving toward encryption was part of that, he said he thinks encryption is “great: and that “It offers an enormous amount of protection,” but noted “it certainly makes some of those things more complicated” on the privacy versus safety balance. He complemented Facebook’s efforts to build ways of catching bad actors even if they’re shielded by encryption. That includes digital literacy initiatives in Brazil and India ahead of elections, and offering forwarding systems for sending questionable information to fact checkers. “I think there are pros and cons with these systems and I’m not a hard-liner on any one of them,” Cox said, and noted that what Facebook is building is “resonant with what people want.”
Cox was asked about the major debate about whether Facebook should allow political advertising. “We think political advertising can be good and helpful. It often favors up and comers versus incumbents.” Still, on fact-checking, he said, “I’m a big fan,” even though Facebook isn’t applying that to political ads. He did note that “I think the company should investigate and is investigating micro targeting . . . if there’s hundreds of variants being run of the creative then it’s tricky to get your arms around what’s being said.” He also advocated for more context in the user interface distinguishing political ads.
Cox’s next projects
Since leaving Facebook, Cox has joined the advisory board of a group called Acronym, which is helping to build out the campaign and messaging technology stack for progressive candidates. “This is an area where my perception is that the progressives have been behind on the ability to develop and use as a team infrastructure that helps you have a good voter file, how to develop messaging — just basic politics in 2019.”
Wired’s Lauren Goode asked if he was aligning himself with progressives, taking a political stance, and whether he could do that while still at Facebook. “Absolutely not,” Cox responded. “And why is that I think when you’re in a very senior role at a platform, you have a duty to be much more neutral in your politics.”
He then came out with a bold statement enabled by his independence. “I think Trump should not be our president. The other thing I care a lot about right now is climate change and he’s not going to help us there.”
That led to Cox discussing that he’s also been working to advise San Francisco startup Planet Labs, which is using satellite imagery to track climate change. “The vision was to build these small, about shoebox-size satellites with solar panel panel wings and have a fleet of them in space, which is real-time imaging the Earth.”
With that data, Cox explained you can track wildfires, deforestation, coal power plants, methane gas and more. Then, “You can start to contribute to having a health system, where you are basically imaging the Earth every hour, and then you’re creating some public data set with tools that plug into decision makers, banks, insurance companies, policymakers, investors, journalists, students…”
Asked about big tech’s responsibility for addressing climate change, Cox said “I think at the very least it’s making a commitment to being carbon-negative.”
Acronym and Planet Labs’ work intertwines, as Cox believes climate data proves the need for someone new in the Oval Office. While Cox didn’t discuss it onstage, Wired listed him as part of Shasta Group, which is Cox’s own vehicle for contributing to these projects. Still, he’s not ready to launch a full-fledged company of his own in politics and climate. “I’m still so young at this field that I don’t have enough confidence in my own mental model of the world.”
Cox concluded that by harnessing big company’s employees and having team leaders put more attention on climate change, “I do think tech can lead.”
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Uber’s new “money” team. Before that, I told you about how SoftBank is screwing up.
Airbnb’s growing up
Following the death of five people at a Halloween party hosted at a California Airbnb rental, and a scathing Vice report outlining Airbnb’s failure to prevent nation-wide scams, the company says it will begin verifying all seven million of its listings.
Airbnb properties will soon be verified for accuracy of photos, addresses, listing details, cleanliness, safety and basic home amenities, according to a company-wide email sent by Airbnb co-founder and chief executive officer Brian Chesky on Wednesday. All rentals that meet the company’s new standards will be “clearly labeled” by December 15, 2020, he notes. Beginning next month, Airbnb will rebook or refund guests who check into rentals that do not meet the new accuracy standards.
These changes, outlined fully here, come as Airbnb preps for an IPO or a direct listing slated for 2020. The company was in need of some serious additions to its barely-there security measures and it also needed to make a grand gesture (or two) to Wall Street following multiple PR disasters over the last two weeks. Airbnb’s response to the recently-highlighted problems will help determine how it fares on the public market and given its quick and seemingly comprehensive response, money managers may be pleased.
Meet me in Berlin
The TechCrunch team is heading to Berlin again this year for our annual event, TechCrunch Disrupt Berlin, which brings together entrepreneurs and investors from across the globe. We announced the agenda this week, with leading founders including Away’s Jen Rubio and UiPath’s Daniel Dines. Take a look at the full agenda.
- Coveo raises $ 172M at $ 1B valuation for AI-based enterprise search and more
- Cyber-skills platform Immersive Labs nabs $ 40M
- Medopad raises $ 25M to develop biomarkers tracked via apps and wearables
- Neural Magic secures $ 15M seed to run machine learning models on commodity CPUs
- Chronosphere launches with $ 11M Series A
- Stealth fintech Digits nabs $ 10.5M from Benchmark
- Parabol, the meta-meeting software toolkit, raises $ 4M
- Wardrobe picks up $ 1.5M for a new fashion rental service
- YC-grad Elpha picks up seed funding
As advertisers, we need to take advantage of the upcoming holiday sales predictions and position ourselves for an outrageously successful holiday season. To set yourself up for success, we’ve highlighted 5 tips to maximize your online sales.
Read more at PPCHero.com
Stock trading app Robinhood is valued at $ 7.6 billion, but it only operates in the U.S. Freshly funded fintech startup Alpaca does the dirty work so developers worldwide can launch their own competitors to that investing unicorn. Like the Stripe of stocks, Alpaca’s API handles the banking, security and regulatory complexity, allowing other startups to quickly build brokerage apps on top for free. It has already crossed $ 1 billion in transactions within a year of launch.
The potential to power the backend of a new generation of fintech apps has attracted a $ 6 million Series A round for Alpaca led by Spark Capital . Instead of charging developers, Alpaca earns its money through payment for order flow, interest on cash deposits and margin lending, much like Robinhood.
“I want to make sure that people even outside the U.S. have access” to a way of building wealth that’s historically only “available to rich people” Alpaca co-founder and CEO Yoshi Yokokawa tells me.
Hailing from Japan, Yokokawa followed his friends into the investment banking industry, where he worked at Lehman Brothers until its collapse. After his grandmother got sick, he moved into day-trading for three years and realized “all the broker dealer business tools were pretty bad.” But when he heard of Robinhood in 2013 and saw it actually catering to users’ needs, he thought, “I need to be involved in this new transformation” of fintech.
Yokokawa ended up first building a business selling deep learning AI to banks and trading firms in the foreign exchange market. Watching clients struggle to quickly integrate new technology revealed the lack of available developer tools. By 2017, he was pivoting the business and applying for FINRA approval. Alpaca launched in late 2018, letting developers paste in code to let their users buy and sell securities.
Now international developers and small hedge funds are building atop the Alpaca API so they don’t have to reinvent the underlying infrastructure themselves right away. Alpaca works with clearing broker NTC, and then marks up margin trading while earning interest and payment for order flow. It also offers products like AlpacaForecast, with short-term predictions of stock prices, AlpacaRadar for detecting price swings and its MarketStore financial database server.
The $ 6 million from Spark Capital, Social Leverage, Portag3, Fathom Capital and Zillionize adds to $ 5.8 million in previous funding from investors, including Y Combinator. The startup plans to spend the cash on hiring to handle partnerships with bigger businesses, supporting its developer community and ensuring compliance.
One major question is whether fintech businesses that start to grow atop Alpaca and drive its revenues will try to declare independence and later invest in their own technology stack. There’s the additional risk of a security breach that might scare away clients.
Alpaca’s top competitor, Interactive Brokers, offers trading APIs, but other services as well that distract it from fostering a robust developer community, Yokokawa tells me. Alpaca focuses on providing great documentation, open-source contribution and SDKs in different languages that make it more developer-friendly. It will also have to watch out for other fintech services startups like DriveWealth and well-funded Galileo.
There’s a big opportunity to capitalize on the race to integrate stock trading into other finance apps to drive stickiness because it’s a consistent, voluntary behavior rather than a chore or something only done a few times a year. Lender SoFi and point-of-sale system Square both recently became broker dealers as well, and Yokokawa predicts more and more apps will push into the space.
Why would we need so many stock trading apps? “Every single person is involved with money, so the market is huge. Instead of one-player takes all, there will be different players that can all do well,” Yokokawa tells me. “Like banks and investment banks co-exist, it will never be that Bank of America takes 80% of the pie. I think differentiation will be on customer acquisition, and operations management efficiency.”
The co-founder’s biggest concern is keeping up with all the new opportunities in financial services, from cash management and cryptocurrency that Robinhood already deals in, to security token offerings and fractional investing. Yokokawa says, “I need to make sure I’m on top of everything and that we’re executing with the right timing so we don’t lose.”
The CEO hopes that Alpaca will one day power broader access to the U.S. stock market back in Japan, noting that if a modern nation still lags behind in fintech, the rest of the world surely fares even worse. “I want to connect this asset class to as many people as possible on the earth.”
If you are wondering why users aren’t converting on your landing page, it could be because users still have questions, concerns, and objections that are stopping them. Learn how to overcome these objections with three actionable tactics to increase your conversions – sometimes you have to embrace the negative objections to get a positive return on ad spend….
Read more at PPCHero.com
How many times have you quoted a metric plucked from Google Analytics without really knowing what it means? Fear not, you’re not alone.
For far too long now, marketers have had misconceptions over how to define one particular metric – bounce rate, either confusing it for exit rate or adding non-existent criteria. So, we’ve put together a quick-fire guide to help you become a bounce rate aficionado.
How is the bounce rate calculated in Google Analytics?
The Google Analytics help guide is a good first stop when trying to get to the bottom of the topic. And with it, you only need to remember two key things:
1. A bounce in Google Analytics is a single-page session on a website
2. The bounce rate for a page is based only on sessions that start with that page
What does this mean in practice?
Here’s an example with three sessions:
Imagine there have been three user sessions on your website. During these sessions, the following pages were viewed in this order:
- Session one: Page A > Page B > Page C > exit
- Session two: Page B> Page A > Page C> exit
- Session three: Page A> exit
Page A bounce rate = 50%
Page B bounce rate =0%
Page C bounce rate = 0%
Why? You might tend to think that Page A’s bounce rate is 33% because the page was viewed three times and the user only exited the website after viewing page A. It’s a typical misconception, but that logic is actually the definition of “exit rate”.
Similarly, you might be tempted to think that Page C’s bounce rate is 100%, as all the sessions that have included Page C as part of their journey have been immediately followed by an exit. However, only pages that start a session are included in these calculations.
Here’s an example with five sessions:
- Page B > Page A > Page C> exit
- Page B > exit
- Page A > Page C> Page B > exit
- Page C > exit
- Page B > Page C > Page A > exit
Page C’s bounce rate is 100%. It has been visited four times, however, only one session started with it. It is, therefore, the only one counted by Google Analytics in its bounce rate calculations.
What is an exit in Google Analytics?
Simply put, an exit is when a user exits the website in one way or another.
This means that if one of the goals of your website is to get users to click through to a third-party retailer after visiting a product page, users will need to exit the website in order to be counted as a conversion.
In this particular case, you could theoretically have pages with both a 100% bounce rate and a 100% conversion rate at the same time. But is lowering the number of single-page sessions on your website really your objective?
If not, you might want to consider a different KPI for your business. For SEO marketers, it is often the “go-to” KPI when reporting on performance, but others – such as exit rate – might be a better fit depending on your website’s objectives.
How should we use bounce rate and exit rate for efficient reporting?
1. Bounce rate at a website level
At a website level – the figure typically found on the Google Analytics dashboard – bounce rate only means the percentage of single-page sessions compared to overall sessions.
Due to its default settings, Google Analytics can be misleading as it will indicate a decreasing one with a green arrow, suggesting it is “good”, while any upturn is marked in red and perceived as “bad”. However, having a higher bounce rate can be a good thing – perhaps the user only needed to visit one page in order to find the information they needed. This entirely depends on the type of website you are reporting on and the content it serves (ecommerce, blogs, informational, and the others).
Changes in bounce rate at the website level should not be used to evaluate website performance, but rather to notify a change that requires further investigation.
2. Bounce rate at the page level
If it increases for a particular page, it is important to evaluate the type of page to understand if the change is positive or negative:
A non-exhaustive list of examples
- Homepage: an increase in bounce rate is generally negative and means less users are willing to visit a website beyond its home page.
- Content/article: an increase in bounce rate could mean that users have found the information they need. In this case, bounce rate alone cannot be used to determine a positive or negative change.
- Product page: an increase in bounce rate on pages with ecommerce functionalities needs to be analyzed in conjunction with recent website template changes to ensure the user experience is not negatively impacting shopping experience.
3. Exit rate at the website level
At a website level, the exit rate does not provide very meaningful data because users will always have to exit a website from one of its pages at some point.
Google Analytics still provides this type of data under the behavior tab, but it is not recommended to use this information to report web performance.
Exit rate at the website level cannot be anything other than 100%. However, be aware that Google Analytics takes an average of the exit rates for all pages of the website to come up with a “website average”.
4. Exit rate at the page level (or set of pages)
This is where the exit rate really shines. If you have an ideal user journey for your website, the exit rate can help you identify changes in user behavior. From there, you can tweak web page templates to bring users from one point to the other – using multiple pages and monitoring where users exit – and therefore finish their journey.
Now that you’ve mastered the difference between bounce rate and exit rate and how to use them effectively in your reporting, it’s time to put your knowledge into practice. Log into Google Analytics and start to delve into what these stats really mean for the website.
The post Want to reduce your bounce rate, but what does that actually mean? appeared first on Search Engine Watch.
“We will make decisions that hurt the business if they help people’s well-being and health” says Instagram’s CEO Adam Mosseri. To that end, next week Instagram will expand its test of hiding Like counts from everyone but a post’s creator to some users in the United States. But there are major questions about whether the change will hurt influencers.
Mosseri revealed the plan at the Wired25 conference today, saying Instagram “We have to see how it affects how people feel about the platform, how it affects how they use the platform, how it affects the creator ecosystem.”
Instagram’s CEo explained that “The idea is to try to depressurize Instagram, make it less of a competition, and give people more space to focus on connect ing with the people they love and things that inspire them.” The intention is to “reduce anxiety” and “reduce social comparison”.
Elsewhere during the talk that also featured actor and CEO Tracie Ellis Ross, Mosseri discussed Instagram’s growing interest in shopping, and how it can provide new revenue streams to influencers. He also described Instagram’s three-pronged approach to well-being where it identifies and addresses accute problems such as hate speech, finds positions where it can lead as with fighting bullying, and rethinks fundamentals of how the platform works as with Like count hiding.
While it seems likely that making Instagram less of a popularity contest might aid the average user, Instagram has to be mindful that it doesn’t significantly decrease creators’ or influencers’ engagement and business success. These content makers are vital to Instagram’s success, since they keep their fan bases coming back day after day, even If users’ friends are growing stale.
A new study by HypeAuditor reported by Social Media Today found that influencers across tiers of follower counts almost unanimously saw their Like counts fall in countries where the hidden Like count test was active. Likes fell 3% to 15% in all the countries for influencers with 5,000 to 20,000 followers.
Only in Japan, and only for influencers with 1,000 to 5,000 or 100,000 to 1 million followers did the change lead to a 6% boost in Likes. Meanwhile, influencers saw the biggest loss of Likes in the Brazilian market. Those trends could relate to how users in certain countries might feel more comfortable Liking something if they don’t know who else is, while in other nations users might rely on more herd mentality to know what to Like.
If Instagram finds the impact of the test to be too negative on influencers, it may not roll out the change. While Mosseri stated the company wasn’t afraid to hurt it’s own bottom line, impairing the careers of influencers may not be acceptable unless the positive impacts on well-being are significant enough.
Joshua Luber runs a sneaker empire valued at more than $ 1 billion, but he thinks they’re just now scratching the surface. The consumer marketplace recently expanded to include a fifth category (collectibles). “It’s an evolution of eBay that works similar to the stock market,” Luber states, “but at the core, it’s around the concept of true market price.”
We visited StockX’s 15,000-square-foot facility in Detroit to get a peek into their authentication process, and sat down with Luber to chat about humble beginnings, business expansion and sneakers.