Ged Carroll

Blog

  • CPO

    I came across the idea of CPO in GQ magazine. I know few people that have bought anything other than the G-Shocks in their collection for retail.

    There’s a few reasons for that:

    • The watches that people like are often vintage models, it’s reverse of the hot streetwear and luxury ‘drop’ scene
    • With the exception of sought after models from the likes of Rolex; most watches suffer from a similar depreciation curve to buying a new car
    • If you’re buying a watch to wear, so I care less about the box, immaculate cardboard outer box and papers
    • A quality watch is a classic example of heirloom design. Whilst they will need to be serviced every three to five years; they can also last beyond the lifetime of the owner to be handed down in families.

    Watch resellers

    A number of watch dealers that were known by word-of-mouth have gone to the wall. For instance, Austin Kaye, which had been a regular fixture on The Strand longer than I have lived in London closed at the end of 2019.

    Online watch resellers have taken off. Crown & Caliber and WatchBox in the US; Watchmaster in Germany and Watchfinder & Co. from the UK – are some of the biggest players. Scale, brand trust and a panel of expert watchmakers have formalised the purchase process with validation that you’re not buying a fake or a ‘frankenwatch’.

    CPO

    This verification is usually called certified pre-owned or CPO in the trade. At first you used to see this in the Japanese luxury resale market provided by the likes of BRAND OFF.

    BRAND OFF is trusted by luxury shoppers across East Asia.

    It then extended to this new breed of online resellers. Luxury watch brands have bought some of the watch resellers. For instance, Richemont bought Watchfinder & Co. Other watchmakers, now have a formal process to CPO their watches.

    Previously, you would have to submit a watch in for a service to get proof that the watch was legitimate. Some brands are even reselling CPO watches including H Moser & Cie. Pre-owned items offer the luxury industry an opportunity to be more sustainable. Greater involvement in the pre-owned market also allows watch brands to get more value from their products over time.

  • 5G tipping point + more things

    Telecoms industry looks to Apple for 5G ‘tipping point’ | Financial Times – even with the launch of Apple’s 5G-enabled iPhone — there is as yet no “killer app” that will immediately transform the way consumers use their smartphones; creating a 5G tipping point. – I don’t think its about consumers, I think it makes sense in the enterprise. The lack of killer applications in the consumer space reminds me a lot of 3G. And I don’t believe that Apple is the harbinger of a 5G tipping point

    Why a new generation of challenger brands need to rethink how to challenge | A Little West of Centre – Blands. That’s what Ben Schott, writing for Bloomberg, coined them. And what a coining it is. The new generation of humble, conscious, in-it-to-sell, underdog companies, sporting D2C models, consumer champion narratives, minimalist aesthetics, affordable luxury positionings and post-choice selling techniques (this is THE mattress, that is THE toothbrush).

    Indonesia’s central bank hints burglary in e-wallet player – consumers should look at the track record of providers before using them to save large amounts of money. Indonesia’s total e-wallet transaction value size is expected to reach US$15 billion by 2020, according to a recent report by The Asian Banker

    Problem Solved #13: A lesson in tackling bloody taboos from Bodyform | The Drum – the result was to present the viewer with flame-engulfed apartment of a perimenopausal women; a monster ripping at an endometriosis sufferer’s uterus; a ‘flood gate’ moment following an unexpected sneeze; a woman who has chosen not to have children; and the often-turbulent journey of trying to conceive

    Diane von Furstenberg: Interview | Vanity Fair – The iconic wrap dress, designed in 1974 and sold more than 15 million times since, made von Furstenberg an overnight sensation and began a dialogue with women that she has maintained ever since, in a large part through admirable philanthropic efforts, including the annual DVF awards. Now she’s taking that dialogue to the podcast, a medium she champions for its value in shifting the focus away from appearance.

    Shenzhen — Justin McGuirk – pretty much nails how I found Shenzhen over the decade that I visited regularly. More on Shenzhen here.

    Anonymous site ramps up ‘doxxing’ campaign against Hong Kong activists | Hong Kong Free Press HKFP – guessing this is another reason why China and Russia have cooperated on cyberwarfare

    Japan’s Sekisui struck by espionage using social media – Nikkei Asia – LinkedIn implicated yet again

    iPhone 12 launching without earbuds or wall chargers is compared to eating without chopsticks in China | South China Morning Post – I was expecting this reaction as Chinese consumers are value orientated so the green explanation won’t wash

    Shenzhen/Huawei: the other Bay Area | Financial Times – The impression of military manoeuvres by alternative means was reinforced by Tencent, another Shenzhen resident. It was among big Chinese social and video platforms including iQiyi and Weibo, that simultaneously cancelled the livecast of Apple’s iPhone 12 launch

  • Things that caught my eye this week

    I was reminded of my childhood this week. When I was pre-school, I loved playing with a box and packaging material. I can remember that whatever channel my Mum had the radio tuned into, there was a lot of easy listening songs on it.

    Picture this: Neil Diamond’s Song Song Blue on the radio. A three or four year old Ged scrunching up packaging from a Cadbury Milk Tray box. Playing with a box, I turned the box internals into a conductors baton, and Neil Diamond followed my lead.

    It seems Amazon has had a similar idea in terms of playing with a box: Amazon launches an AR app that works with new QR codes on its boxes | TechCrunch. More related posts here.

    While we’re on the subject of easy listening, the South China Morning Post magazine had a feature article about the late great Roman Tam. Godfather of Canto-pop Roman Tam ‘an imperfect man’ who sought perfection | South China Morning Post – As the voice of TVB theme tunes in the 1970s and 80s, Roman Tam’s singing could be heard in the streets of Hong Kong from 7pm each day. Tam was accepted into mainstream Chinese culture despite homosexuality being outlawed, with his on-stage flamboyance tolerated because of his off-stage discretion – ‘Below the Lion Rock’ is an official national anthem for Hong Kong.

    Roman Tam – Below The Lion Rock

    A translation would be:

    In life, there is joy, but inevitably there is also sorrow

    We met underneath the Lion Rock

    (When look back) We laugh more than we sigh

    In life, there are struggles/rough roads,. Inevitably we can’t go without worries

    Since we are in the same boat, share the same life underneath the Lion Rock, Let’s put aside our differences and get together Put down our conflicts/differences, chase dream/a good cause together

    People in the same boat will walk together, without fear, not intimidated

    We both are at the corner of the world (Literally it says we dwell at the corner of the sea and edge of the heaven).

    Hand in hand we can trample and level all obstacles We use our sweat and hardwork to write our own legend, that will go down history forever

    Unofficial approximate translation of Below The Lion Rock

    The TV series Below The Lion Rock is a great primer for outsiders looking to understand Hong Kong. It started in the 1970s and addressed the living conditions of the poorest sector as well as the working class who lived in the public housing estates and squatter huts below the Lion Rock in the 1970s. Hong Kongers worked hard to collectively rebuild Hong Kong after World War II.

    It even gave name to the Lion Rock spirit of solidarity and perseverance. One could argue that this broke down as Hong Kong de-industrialised, becoming a financial and real estate investment based economy instead.

    https://youtu.be/x2HGwYI4sAM

    The Lion Rock itself has been the scene of protests during the past few years, including a human chain.

    Human chain on the top of Lion Rock. Hong Kong. 20190823
    Human chain on the top of Lion Rock. Hong Kong. 20190823 by Studio Incendo

    Amazing visualisation of Gartner’s hype curve over the past 25 years. It makes an interesting time machine looking back into where we thought technology would go. The data behind the video can be found here.

  • Holiday season e-tailing + more things

    Holiday season e-tailing links –

    Exclusive: Huawei in talks to sell parts of its Honor smartphone business – sources | Reuters – interesting move that move Honor out of the US sanctions. Less convinced that Huawei can focus on high-end phones as there was a supply chain and design synergy with Honor. More on Huawei here.

    Amazon launches an AR app that works with new QR codes on its boxes | TechCrunch 

    Why the Serverless Revolution Has Stalled | Infoq – Serverless computing refers to an architecture in which applications (or parts of applications) run on-demand within execution environments that are typically hosted remotely. That said, it’s also possible to host serverless systems in-house.

    China’s Games Streaming Giants Huya and DouYu to Merge – Variety – Twitch analogues

    EFFECTOR® -ROCK ON THE EYEWEAR- – amazing Japanese eyewear. More style related content here.

    Samsung pulls BTS-branded products from online Chinese platforms | Financial Times – this just makes Chinese netizens look ridiculous. It shows a fragile nature in Chinese nationalism. The kind of fragility that could drive China to conflict as the party tries to stay ahead of nationalist sentiment

    The ‘Fake Rich’ of Shanghai: Peeking Inside a Wannabe Socialite WeChat Group | What’s on Weibo – this shows the lengths people will go to be ‘living their best lives’. There have been examples of western and Russian netizens doing similar things for Instagram

    Caterpillar bets on self-driving machines impervious to pandemics | Reuters – Fred Rio, worldwide product manager at Caterpillar’s construction digital & technology division, told Reuters that a remote-control technology, which allows users to operate machines from several miles away, would be available for construction sites in January. – They’re not self driving as the headline says, but controlled remotely: think drones not robots. John Deere had done work on pre-plotted courses guided by GPS for ploughing and spraying in large fields. However in agriculture, this is also tied into a bigger issue around the ‘right to repair’ making automation to date non-viable for many farmers

    Taiwan academics told to identify as Chinese in journal | News | The Times – Springer Nature claimed that under its editorial policy, authors alone could choose their affiliations, but said that it was “unable to enforce” the same standard on journals it did not own. It considered Eye and Vision, owned by the Wenzhou Medical University in China, as a “co-publisher” that operated under separate editorial guidelines. “The stipulations of this and other Chinese-owned journals with respect to Taiwanese affiliations are beyond our control,” it said. Its position has prompted outrage from leading academics in Britain, who have demanded that Springer Nature stop partnering with journals that operate under rules set by authoritarian regimes

    #MyLevisMyVibe Hashtag Videos on TikTok – Earlier this year, Levi’s tested the TikTok ‘Shop Now’ button, which allowed them to provide their fans with a more integrated shopping experience within the app. We are truly moving towards the type of social commerce that has already been going on in China for several years. Now Levis has come back for another big TikTok campaign. This #MyLevisMyVibe is a simple, fun way for people to play around dressing up with Levi’s apparel. What better way for retail brands to connect with their fans than by highlighting them trying on actual clothes? It reminds me a bit of the Asos #AySauceChallenge we covered a few weeks ago. We’re starting to see so many brands now use TikTok that the total set of case studies to draw from is getting larger. I also noted that the language used by Levi’s in the hashtag challenge says “Show us your authentic self,” emphasising the trend of authenticity we are seeing across all modern advertising. I must say that by seeing random people creating their own videos to voluntarily participate in a challenge, it really does feel authentic. – the take from Good TikTok creative

    Orders from the Top: The EU’s Timetable for Dismantling End-to-End Encryption | Electronic Frontier Foundation – interesting that this appeared, alongside Five Eyes governments, India, and Japan make new call for encryption backdoors | ZDNet 

  • iPhone 12 range launch

    Apple announced a four phone iPhone 12 range:

    • iPhone 12 Mini
    • iPhone 12
    • iPhone 12 Pro
    • iPhone 12 Pro Max

    I looked at the event using a social listening tool and the thing that really struck me was where the people commenting on it where commenting from.

    iPhone 12 event languages used in 1000s of mentions
    Languages versus 1,000s of mentions

    Thinking about key Apple markets; at least some of the buzz seems geographically misplaced. There was a distinct lack of discussions happening in Japan and mainland Europe for example. I watched it with a couple of friends based in Hong Kong; but I realise the launch itself would be at an inconvenient time in Japan.

    Where was the Japanese pre-event buzz though? Why didn’t Apple do more to build buzz in Japan? Apple has a sizeable market share in Japan and this 5G range of handsets are strategically important to retain that market share.

    As for mainland Europe, if social discussions are a proxy for a lack of interest; Apple has a serious problem on its hands. The silence hints a wider question around brand and product relevance. Yes 5G rollout is less advanced than in Asia, but there is also the improved camera and improved 4G reception that the handsets provide. Apple has arguably the best 4G antennas currently available on a handset which would benefit real world performance.

    At this time, Apple should be on the up, given that Huawei is no longer a serious contender in the market. Instead there is the silence of one hand clapping.

    Here’s what the social discussions looked like during the live event.

    iPhone 12 event social mentions over time
    Social mentions over time.

    As a brand marketer I would be concerned. The fan boys didn’t show, neither did the critics. Yes this launch is happening in a pandemic, but that should help due to the lack of distractions and the break from doom scrolling on social to do something else.

    More Apple related posts here and rewatch the iPhone 12 launch online.