Offering DIY photo and video apps – or services? Separate apps or integrated platform?
4 takeaways from Canva’s spectacular DIY
visual communication platform growth
[Scroll down for And a few more things - imaging industry news highlights]
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I’m intrigued by how consumers and businesses decide when to do things themselves vs. when to hire outside help. What spurs my interest in particular are the opportunities for either innovative DIY tools (such as for video creation) or agile gig outsourcing services to more effectively cater to the (latent) demands among consumers and businesses.
The question of when DIY vs. outsourcing solutions makes sense is not unique to the field of visual communication – far from it – and the answer is also not carved in stone.
For example, before COVID you might have thought the options for dinner were spending the required time to shop for ingredients and cook at home, or going out for a nice meal, or picking up fast food on your way back from work.
But, adapting to pandemic restrictions, many restaurants engaged delivery services, enabling you to enjoy a fancy meal at home without you needing to spend time shopping and cooking. Some deliver prepped meals that you can simply finish cooking yourself – a hybrid DIY/outsourced solution.
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Check out our brand new 94-page
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Analysis of 82 innovative DIY video creation apps, trends, category recommendations
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It’s the solutions that manage to bridge the seemingly conflicting customer needs (such as outstanding quality vs. ease of use) that I find the most intriguing.
Take the world of visual communication. Many of us feel the need to create nicely designed personal or business materials but don’t have the money to hire a graphic designer, photographer, web designer, ad agency, or video editor. Or we have other reasons for creating these materials ourselves – if we could only do so in an easy and affordable way. In short: the end result should look better than what’s feasible with Microsoft Office; while creating it should be easier and cheaper than using the Adobe Creative Suite.
This was exactly the DIY opportunity Canva targeted when it launched 9 years ago. Canva’s primarily web-based platform enables consumer and business customers to design materials, such as presentations, brochures, party invitations, business cards, posters, or marketing videos, that look professionally created thanks to an easy and affordable toolset that leans heavily on a drag-and-drop user interface, tons of templates (currently 250K free templates and another 170K templates for pro subscribers) and tons of stock media assets (currently 100M photos, illustrations, audio track and videos).
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Canva’s success has been astounding: the company now has 55 million monthly active users, who have created 5 billion designs to date. The company’s revenues have soared more than 130% year over year to $500 million for the year ending March 31. Canva has been profitable since 2017.
What can we learn from Canva? There’s way more to it, but here are my 4 high level takeaways:
Position your platform as a means to a goal – not as apps for specific functional domains. Canva positions its design platform as a vehicle for creating well-defined deliverables that a customer might need (such as Instagram Story posts, printed flyers, infographics, company presentations) rather than marketing it as a collection of apps for separate functional domains, such as for photo editing, video creation, drawing, or page layout (as Adobe does, with tools such as Photoshop, Premiere, Illustrator and InDesign).
Choose a strategy your main competitor can’t easily follow. Canva is nibbling at the edges of Adobe’s territory. While Adobe keeps cranking out record-breaking revenue numbers (most recently, its Digital Media segment’s revenues grew 19% in FY 2020), the company is not well suited to aggressively go after the consumer and SMB/enterprise DIY design market, as its technology base and pricing options are too dependent on – and risk the chance of cannibalizing – its high-end products.
Plan for AI as the driver of DIY solutions that combine ease of use with creative control. AI not only provides an opportunity for DIY video creation apps (see our last issue), but also for various other functional domains, such as screen and print design. Canva is clearly looking at expanding their offerings through AI, as indicated by their acquisition of Kaleido, the Austrian developer of the one-click AI-based background removal tools, removebg and Unscreen (presenter at Visual 1st last year).
Web-based apps are the future. As we’ve also seen among many of the 82 DIY video creation apps we reviewed for our DIY Video Creation Apps study, more and more visual communication app developers are creating web apps as their primary delivery platform. While this has the predictable advantages of being able to avoid separate code bases for different OSs, web apps increasingly also get traction because they enable easy collaborative design among friend & family groups or corporate teams.
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Shootsta. Elevate: New AI-based DIY video creation app for sales teams. Shootsta’s Elevate app helps sales teams to easily create personalized branded videos for their prospects. The app contains pre-set scripts, an in-app autocue video, and options for branding and cutaway vision. Once the raw footage is submitted, the video is automatically edited within three minutes by the tool’s AI, the company claims.
CrowdAI. DIY AI building platform raises $. CrowdAI, a computer vision development platform, closes a $6.25 million series A financing round led by Threshold Ventures. The fundraising coincides with the launch of the startup’s new solution for customers to create AI based on an analysis of images and videos. Its newest release requires no coding to create your own training models.
Sensor Tower. Doodling with your photos & videos during the pandemic? According to Sensor Tower, you're not alone. Average per-device spending among active US iPhone users in the photo & video app category in 2020 was $9.80, up 56% from the $6.30 spent in 2019 – the largest YoY increase among all app categories.
Pew Research. YouTube is the big winner in our pandemic era. YouTube saw usage grow from 73% of U.S. adults in 2019 to 81% in 2021 (adults answering the question “do they ever use …”). Facebook remained stable at 69%. At great distance comes Instagram at 40%, followed by Pinterest, LinkedIn and Snapchat. New in Pew’s measurement is TikTok, which was used by 21% of the U.S. adults.
These numbers, of course, differ greatly for age. Of those age 18 to 24, 76% report using Instagram, 75% use Snapchat and 55% use TikTok.
Pinterest buying VSCO? Photo publishing and photo creation platforms are talking. From the rumor mill but one that is hard to ignore: the NYT. “Discussions are ongoing,” according to “two people with knowledge of the matter.” Pinterest has a market capitalization of about $49 billion, while VSCO has raised $90 million in funding and was last valued at $550 million.
Snap. Launching a selfie drone? How about checking in with GoPro first? Snap is rumored to launch a selfie-drone – which would turn it more and more into the camera company it intended to be. Snap previously invested in Zero Robotics, a start-up that developed a folding camera drone. But drones ain’t easy, as GoPro found out the hard way.
GumGum. Bye bye retargeting; yay for AI-based contextual ads. Past Visual 1st presenter GumGum raises $75M, upping its valuation to nearly $700M, while almost tripling its valuation from its most recent funding round in 2019. GumGum provides solutions for contextual advertising: targeting ads by placing them close to relevant content. GumGum uses computer-vision and natural-language processing technologies to scan and analyze text, images, video and audio to help match ads to content. In other words, their solutions are increasingly relevant now that Apple and Google are limiting the ability for advertisers to track users and retarget them across multiple sites.
Google. Revamping Google Photos video editor. Google is rolling out its revamped video editor, adding cropping options, individual frame exports, horizon correction, and audio removal to the mix. In addition, it also supports various color correction options, plus the filters you know from the app's image editing tool.
Best,
Hans Hartman
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