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AI Insights · Timothy · December 2024

Leading Brands in Canada's Hobbies/Interests Shopping Category: Q4 2024 Overview

Explore the standout performance of top brands in Canada's Hobbies/Interests Shopping sector during Q4 2024, backed by Sensor Tower's comprehensive analytics on website metrics, app usage, and advertising spend.

Leading Brands in Canada's Hobbies/Interests Shopping Category: Q4 2024 Overview

Introduction

In the dynamic landscape of Canada's Hobbies/Interests Shopping category, Q4 2024 saw significant engagement across various platforms. Sensor Tower's comprehensive data analysis highlights the performance of leading brands like Michaels Stores, Inc., Reverb.com, LLC, and Giphy, Inc. This article delves into the trends and insights from Q3 to Q4 2024, showcasing the power of Sensor Tower's analytics in understanding cross-platform user behavior.

Michaels Stores, Inc.

Michaels' digital footprint is extensive, featuring michaels.com and the Michaels Stores app.

  • Audience Trends: The website experienced a steady increase in visits, peaking at 7.3M in December. Unique monthly visits rose to over 764K, indicating strong holiday engagement.

  • App Engagement: The app maintained a steady monthly active user base, with active users around 120K, suggesting a consistent mobile audience.

  • Ad Spend & Channels: Monthly advertising expenditure saw a notable increase, reaching nearly $1.9M in December. YouTube emerged as a dominant channel, delivering over 119M impressions.

Reverb.com, LLC

Reverb's presence is marked by reverb.com and the Reverb: Buy & Sell Music Gear app.

  • Audience Trends: Website visits surged to 1.8M in December, with unique monthly visits stabilizing around 133K.

  • App Engagement: The app's monthly active user base declined, ending the year at approximately 9K, reflecting a shift towards web usage.

  • Ad Spend & Channels: Monthly ad spend was modest, peaking at just over $4K in December, primarily on YouTube, which generated nearly 755K impressions.

Giphy, Inc.

Giphy's digital offerings include giphy.com and the GIPHY: GIFs, Stickers & Clips app.

  • Audience Trends: The website maintained steady traffic, with visits hovering around 500K monthly.

  • App Engagement: The app showed consistent engagement, with monthly active users around 28K by December.

  • Ad Spend & Channels: Minimal monthly ad spending in this period, with a slight presence on Instagram in September.

Conclusion

The Q4 2024 analysis underscores the varied strategies of leading brands in Canada's Hobbies/Interests Shopping category. Sensor Tower's unparalleled data capabilities offer critical insights into cross-platform behaviors, helping brands optimize their digital strategies. By leveraging Web Insights, Pathmatics, and App Performance Insights, businesses can make data-driven decisions to enhance their market presence.

Sensor Tower continues to provide the analytics that inform strategic decisions, ensuring that businesses stay ahead of the competition in an ever-evolving digital market.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: December 2024