What are you hungry for? Depending on where you live, a driver will bring it to you? In 2018, Frost and Sullivan estimated the food delivery service industry generated $82 billion in gross revenue and predicted that this number will more than double by 2025. So, $164 billion in four years. Several players are competing for restauranteurs' attention and end-user preference. Uber Eats is currently the …
Brighter Futures for the Ad Industry Are Possible, Following Massive Reform
Someone moved the ad industry's cheese. The various reactions from industry leaders have been slow and haphazard at best, but that's starting to change. The World Federation of Advertisers has formed the Partnership for Responsible Addressable Media. “In the ancient story of the Tower of Babel, the city collapsed because its inhabitants lost the ability to speak a common language,” says Bill Tucker, Group EVP …
Continue Reading about Brighter Futures for the Ad Industry Are Possible, Following Massive Reform →
Square and Stripe Tell Powerful Stories of the Small Business Owner’s Struggle
Small business is the backbone of the economy. Small businesses are also a radiating pain point during this devastating economic downturn. According to WBUR in Boston, earlier this summer, MassINC Polling Group surveyed 1,868 small businesses (defined as having fewer than 500 employees). Their findings show that 44% of small businesses lost at least half of their revenue, and 20% lost at least a quarter of their …
Social Media Platforms Make Mountains of Money On the Back of Someone Else’s I.P.
Who do you want to program your screens? Who do you want to take you for a digital ride? It's a fundamental question for consumers of information. When you choose the social media platforms as your answer, you become the product that they monetize via your daily obsessions and rapt attention, which is now the default position for millions of "thought workers," thanks to the power of the scrolling spell. When you …
This Is Etsy’s Moment
Amazon.com is positioned to win right now, but the Seattle-based behemoth isn't the only winner. For people seeking to buy direct from the maker, Etsy.com is the way to go. Etsy reported first-quarter consolidated gross merchandise sales jumped 32% year-on-year to $1.4 billion. The Brooklyn, N.Y., company is also doing well on Wall Street. Shares of the internet retailer of handmade goods are soaring. On March …
Digitally Divided We Fall
There has never been a time when we've relied more on digital tools to enable communications between people and teams. All the hype about how "working from home" is a great new answer is annoying in its shortsightedness. But that's not what concerns me. I am more concerned about who is left out of this digitally-powered world, where commerce, education, and entertainment are all available to those with …
Many Media Companies Now Reeling from Sudden Loss of Advertising Revenue
Earlier this year, when the Oracle of Omaha said that newspapers are toast, he wasn't kidding. “They’re going to disappear,” the Oracle said. He didn't know that COVID-9 was about to make a bad situation much worse, but he did know that the industry was hanging by the thinnest of threads. In the United States, we have lost almost 1,800 papers since 2004, including more than 60 dailies and 1,700 weeklies. Today, …
Continue Reading about Many Media Companies Now Reeling from Sudden Loss of Advertising Revenue →
GoDaddy Joins The Age of Aquarius, Asks Entrepreneurs To Sing Along
Build it and they will come running towards you with their cash. That's the digital daydream that so many people sell today, and so many more buy, myself included. Now, GoDaddy, a purveyor of domain names and web hosting services, is peddling the idea that we can make the world we want, one pushed pixel at a time. https://youtu.be/-qND8XaOUk4 "Make the world you want. You've got the power, we've got the …
Continue Reading about GoDaddy Joins The Age of Aquarius, Asks Entrepreneurs To Sing Along →