Ypulse Essentials: Shopping With Social Media, Kindle Fire Steals Market Share, Teens Take On Twitter

PinterestPinterest is growing rapidly and has quickly become the #5 social network (in terms of driving retail traffic, behind Facebook, YouTube, Twitter, and Yahoo!, and ahead of Google+. It makes sense considering the site’s large female following and the clever way it allows users to display items for sale. Speaking of shopping, half of Millennials are more trusting of recommendations from strangers than they are of those from friends and family. They believe that user reviews posted online represent a more honest and genuine opinion. Some savvy retailers are experimenting with how they can use this to their advantage; for example, Urban Outfitters is using photos of outfits submitted by customers in its marketing) (SocialTimes) (Portfolio)

- The holidays made a big difference in the tablet market (thanks to the Kindle Fire’s introduction in November. It’s quickly taken a huge share of market from the Samsung Galaxy Tab. Even more likely to raise eyebrows: the Fire drives 2.5 times as many paid downloads as the Galaxy Tab) (Giga Om)

- The teen Twitter-verse has been steadily growing (as more and more young people flock to the network. They’re finding that Facebook is crowded with their parents, grandparents, brands, and just about every other person they know, and are using Twitter as a sort of filter to connect with their friends away from the prying eyes of their family. Twitter also gives them some anonymity because it doesn’t require real names. They’re not leaving Facebook just yet, but they’re making more use of other social networks) (HuffPo) (ReadWriteWeb)

- There’s no denying Millennials’ influence on culture (even foodie culture. Their heightened interest in ecological issues is pushing the “ethical eating” trend; their global awareness and cultural diversity leads them into the…

 
 

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Millennial News Feed

Quote of the Day: "My favorite show is New Girl  because it makes me feel like I'm hanging out with my friends. It's so funny, relatable, and relaxed. It's also convenient to watch for free on the Fox website.”—Female, 20, IL

Millennials would rather lose their ability to make phone calls than delete their Snapchat—according to a new study from live chat provider LivePerson. When asked about the one app they would not want to lose on their phones, 35% of 18-24-year-olds chose text, 17% chose Snapchat, and 14% chose phone. According to a 2013 Wall Street Journal article, picking up the phone is seen more as “an interruption” by the generation, and our Talk the Talk trend revealed that 38% of 13-33-year-olds prefer to communicate with friends and family with text messages and chat apps. (Business Insider)  

Today’s young females are facing the same obstacles at work their mothers did. A McKinsey & Co. and LeanIn.Org study found that 23% of employed Millennial women believe “their gender has prevented them from getting ahead at work”—only 3% less than older females. And while younger female workers are more ambitious than older women, “the difference between the share of men and women saying they want to be a top executive” is almost the same among Millennials and older employees. Many Millennial females are taking non-traditional employment paths like to take control of their career paths and advance quicker. (The Wall Street Journal

What are Millennials spending their money on? Coffee, kale, fantasy football, and strippers. An analysis of mobile payments made on Venmo found the top spending categories among users—many 18-34-years-old—are food, rent, alcohol, “fun,” and coffee. Pizza was the most-used emoji and food was the most-used term, followed by Uber, rent, "fantasy" and bills. Kale ranked at 21 on the top 100 list, and strippers were number 91. Venmo processed around $4 billion in peer-to-peer payments in the second quarter of this year, up 141% from 2015. (CNBC

Samsung is the most respected brand among Millennials in the U.S., and they’re aiming to continually “[raise] the bar for technology innovation.” Focused on creating an experience, the brand is leading the way in virtual reality technology, with plans to “to incorporate gesture and motion tracking enabling users to interact in virtual environments without having to use a controller.” They’ve worked on VR projects with VICE, and recently staged an interactive VR experience at Lollapolooza, which allowed festival attendees to livestream performances and try out 4D surfing, skateboarding, hot air ballooning, and riding a roller coaster. (brandchannel

Immensely popular collectibles Shopkins toys will soon be on the small screen with their first ever movie. Moose Toys has teamed up with Universal Pictures for Shopkins: Chef Club, a direct-to-video movie that will be out next month. The story will feature fan-favorite characters, as well as new ones that will be added to the Shoppies Dolls collection to coincide with the movie’s release. Shopkins currently has 140 different collectable toy characters and an animated webisode series that has generated almost 100 million views on YouTube. (Kidscreen

Quote of the Day: “Master of None represents my generation because it takes the little things (going to a taco place) and expands on how the choices are debilitating.”—Female, 33, MN

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