Category: business | 商業 | 상업 | ビジネス

My interest in business or commercial activity first started when a work friend of my Mum visited our family. She brought a book on commerce which is what business studies would have been called decades earlier. I read the book and that piqued my interest.

At the end of your third year in secondary school you are allowed to pick optional classes that you will take exams in. this is supposed to be something that you’re free to chose.

I was interested in business studies (partly because my friend Joe was doing it). But the school decided that they wanted me to do physics and chemistry instead and they did the same for my advanced level exams because I had done well in the normal level ones. School had a lot to answer for, but fortunately I managed to get back on track with college.

Eventually I finally managed to do pass a foundational course at night school whilst working in industry. I used that to then help me go and study for a degree in marketing.

I work in advertising now. And had previously worked in petrochemicals, plastics and optical fibre manfacture. All of which revolve around business. That’s why you find a business section here on my blog.

Business tends to cover a wide range of sectors that catch my eye over time. Business usually covers sectors that I don’t write about that much, but that have an outside impact on wider economics. So real estate would have been on my radar during the 2008 recession.

  • Blockchain deals + other news

    The Dumb Money Is Chasing After Blockchain Deals | CB Insights – true enough. Warning incoming rant on blockchain. Blockchain has a relatively low transaction rate. Traceability is reliant on a reliable database rather than the decentralisation. You have better performing open source databases that aren’t dependent on the weakest link of the decentralised network. For really high translation rates you are better investing in an Oracle database and appropriate hardware support – either through a SaaS or in-house.

    Executive Shuffle at Cyanogen Amid Challenges – can Jolla step up or is it too on the ropes? Jolla has some interesting contracts with the likes of the Russian government for trusted mobile systems. Cyanogen sold purely on improvements in user experience, so Jolla’s security infrastructure has a clear benefit for enterprise users and carriers who don’t want a smartphone botnet.  Jolla also has a strong UX, it pioneered some tactile gestures and leveraged Nokia employees deep experience in mobile experience and understanding of consumer behaviour.  Jolla also has support on some Sony smartphones. The big issue would be the failure of Jolla to turn existing deals with handset manufactured into wide availability of consumer products. It hasn’t been alone in that respect. Both Cyanogen and Firefox OS had similar issues of distribution that would then aid adoption. More on Jolla here.

    Introducing 360 Photos on Facebook – every idea becomes new again. Back before the Internet there was QuickTime VR. This rolled on to the early net but the experiment was very patchy due  to the lack of bandwidth in comparison to today. Content and interaction wise there is clearly no difference from a the consumer experience between Facebook 360 and QuickTime VR. The question is how Facebook 360 goes forward, or if it just becomes a fad like QuickTime VR did before it?

  • Fox + more news

    Fox

    Fox ‘Stole’ a Game Clip, Used It In Family Guy and DMCA’d the Original – Slashdot – either its automated software (likely YouTube’s automated scanning) or exceptionally shady business practices – both of which are plausible scenarios when it comes to Fox. Either way Fox won’t care

    Business

    In China, Uber faces battle to usurp Didi | FT – not surprising. Both companies have large investors behind them. Uber also has ‘non tariff’ barriers against it since it isn’t Chinese. More on Didi here.

    Nest Failure: How things went south once Google became Alphabet | BGR – interesting how the move to a holding group structure meant a big change in management culture. First Boston Dynamics, now Nest. Googlers I know are also complaining about the change in culture. They feel that they are disempowered in comparison to pre-Alphabet

    Design

    The Co-op returns to its clover-leaf logo from 1968 | Creative Review

    Economics

    What’s holding back China’s consumption growth? | South China Morning Post – Consumer sentiment has plunged in recent months, as the consumer sentiment index hit a 28-month low of 100 in March, versus 104.4 in February. Retail sales also increased more slowly than expected in April at 10.1 per cent, versus 10.5 per cent in March. – Government planned slower growth in manufacturing is trickling down to consumer behaviour. Chinese savings are pretty stable due to a poor social safety net. Until China gets a better welfare state you’re going to see China’s consumption growth be low.

    FMCG

    Chinese brands best performers in China: consumer goods survey | China Daily – interesting how Chinese brands have managed to ford the trust gap

    Lynx: can it convince consumers it’s about more than getting laid? | Campaign (UK) – nice summary and analysis of the Lynx/Axe advertising campaigns over the past few years (paywall)

    We know acne, we don’t know teens. – YouTube – nice bit of honest marketing by Clearasil

    US brands dominate through disruption | Kantar Worldwide – latest US BrandZ results

    In China, global brands are losing advantage | Kantar – higher confidence levels in product and their country mean that global brands have work harder

    Ideas

    Uber has pinpointed the moment you‘re most likely to pay for surge pricing — Quartz – feels really invasive but insightful

    Media

    ★ App Store Subscription Uncertainty – From Lauren Goode’s interview with Phil Schiller for The Verge, specifically regarding the new 85/15 revenue split after the first year of a subscription. I wonder how this would work for Netflix et al?

    News UK unveils new in-house agency powered by WPP and The & Partnership | Campaign Live – next move from single client agency to ‘in-house’ agency a la Unilever’s U Studio?

    ComScore Says People Prefer Ads in Podcasts Over Any Other Digital Medium | Adweek – surely these findings are positive for radio and streaming audio as well?

    Apple Music Enlists Designers to Curate Playlists, Starting With Alexander Wang | Racked – why isn’t this being sold as a branding opportunity?

    WTF are ‘dark posts’? | Digiday – surely this is a variant of online PR?

    ANA report alleges widespread ad agency kickback schemes – Business Insider – and this is a surprise because? Programmatic offers even bigger opportunities for fun and profit

    Online

    Why Britain banned mobile apps | GovInsider – cost centric rather than user centric?

    Report: People Are Spending Much Less Time On Social Media | Slashdot – not too sure how much store I put in Similarweb’s data

    Security

    Exclusive: Snowden Tried to Tell NSA About Surveillance Concerns, Documents Reveal | VICE News – there is something quite reassuring about the clod handed nature of the response to this

    Style

    Adidas Relies On Stars Not Soccer Teams To Sell Product | Business of Fashion – I would argue that would be the same for most boot brands, shirt deals are often not that profitable

    Technology

    Shipments of Chromebooks integrated with Google Play set to increase | DigiTimes – not great for Windows 10 consumer sales (paywall)

    Web of no web

    Olympic athletes will sport Visa’s new payment ring in Rio | Engadget – no radical leap forward in NFC

    Project Soli – Wave hello to Soli touchless interactions Soli is a new sensing technology that uses miniature radar to detect touchless gesture interactions.

    A former employee says Google’s smart contact lens is ‘slideware’ that exists only in PowerPoint presentations (GOOG, GOOGL) – not terribly surprising, power is the number one issue facing the device

    Wireless

    The answer to the question you’ve all been asking | Nokia – Nokia’s official announcement

  • Google I/O 2016

    Google I/O 2016 happened on May, 18 – 20.  There had been a lot of pieces of coverage about the different products and services released. But I wanted to spend a bit of time reflecting on what Google I/O 2016 told us about their viewpoint on technology.

    Giving apps a second chance

    Google knows as well as anyone that the app moves towards a maturity model where consumers stick with the core apps that they want and then don’t go any further.
    apps
    Data shows that consumers use their top five apps 88 per cent of the time. So why would Google care when it knows that 60 percent of the top apps on the Android platform?

    The reasons for an expanded app usage include:

    • A proportion of Google’s advertising (like Facebook) is derived from the promotion of app downloads
    • Android devices are reaching market maturity in many markets, growth is likely to come from new uses – at least some of which will be derived from third party platforms
    • Google has staked its ambition in the PC sector on its Chrome operating system being able to run apps from the Android eco-system. In order for that to happen there needs to be a healthy community of developers
    • In the same way that DoubleClick’s ad network greatly expanded the inventory of Google’s advertising business, third party applications offer Google an additional source of usage for its own services. If you want to see the future of Google Apps look at the the way the likes of Baidu and Tencent allow third-party integration with their own tools

    Streaming or ‘instant’ apps is part of Google’s efforts to encourage consumer trial of new apps and enhance relationships with developers. Firebase, it’s new analytics platform for mobile developers helps them have a better relationship with their installed user base allowing them to use data to target notifications and campaigns.

    More faith in wider area networks (WANs) than personal area networks (PANs)

    Android Wear’s updates were interesting. Put simply Google has more faith in data being delivered in a timely manner over cellular or wi-fi networks than it does for inter device transfers over variants of Bluetooth. Both the Apple Watch and Android Wear products suffered from performance lags when the watch was a thin client of a phone. Having a cellular radio on board the phone presents challenges with battery life, but speeds up real world performance.

    The original design failure wasn’t down to network performance, but is likely to have implications for personal area network technology like Bluetooth in its different variants or ZigBee. These technologies are all about scale, lose a scale advantage and it poses a problem for future adoption by others. This can happen in a virtuous way. Apple’s adoption of USB benefited the standard greatly and drove interest in peripheral development for both Mac and PC. Apple’s abandonment of FireWire and the 3.5″ diskette marked their decline.

    Lots to be concerned about from a privacy point of view?

    Google Home moved yet another pair of Android powered ears into our environment. It was obvious from Google’s description of services that a paid marketing model to be the ‘car booking’ or equivalent service of Home could be very lucrative for the search giant. How this device could be used for market research, tracking brand mentions or government surveillance also poses some conundrums moving beyond smartphones to brown goods.

    Android N features file based encryption rather than treating the whole device as an encrypted disk. This raises questions around the comparative ease of access from a privacy perspective. Secondly, SafetyNet allows Google to reach into a phone to remove pre-existing applications without user permission. There is no explanation if they also have write privileges to the phone as well. If so, expect law enforcement and intellectual property owner interest. From the way it reads this would affect apps and content that have been side loaded as well as got from an app store.

    Android is giving the high ground to Apple on privacy presumably because it considers its own customers don’t care about it that much.

    Reference designs in VR to drive adoption and commoditisation 

    Google’s Daydream project looks to provide standardisation in hardware. By going down this route, Google hopes to spur on the sensor market required for improved AR experience and drive uptake. These will likely be a very different experience to the computer workstation powered Occulus Rift. Driving this technology into the smartphone market may combat the current stagnation in phone sales growth.

    More information
    Google I/O 2016 event page
    A16hz on Google I/O 2016
    Everything Google just announced at its I/O conference
    Palm, Apple, Google and the whole mobile device thing
    The Limits of Google
    If Google’s right about AI, that’s a problem for Apple – Marco.org
    ISIS’s Mobile App Developers Are in Crisis Mode | Motherboard

  • Facebook most shared

    I managed to get hold of some data about the top 10 of Facebook most shared sites and it made some interesting graphs. From a media perspective Facebook has become less social.

    What does Facebook most shared content tell us?

    For the past year or so there has been a steady sustained decline in the amount of content shared. This even has a name internally at Facebook – context collapse.
    Facebook top ten content domains shared (june 2015 - april 2016)
    This is even more striking when I compared it with 12 months of data from January 2014 to January 2015. One can see that the trend of the graph has gone from a positive to a negative slope. Secondly, different media organisations have sailed in and out of this chart showing that even now after years of experience they don’t a consistent formula for success.

    The media landscape also started to change to more reactionary content with the rise of titles like the Conservative Tribune and Breitbart.

    What these graphs don’t explain that well is why the drop in sharing happened. Did our media consumption become much more fragmented?
    domains shared (January 2014 - January 2015)
    These trend lines partly explain media’s push into other channels like SnapChat, especially given that Twitter has hit a natural ceiling in its subscriber base.

    Perilous pivot to video

    Secondly there has been a big push into video content, particularly live video content. Video is more expensive to produce, yet monetisation is difficult. Viewability of video ads is lower than display ads. One has to wonder about the sustainability of all this video production? Especially since many of these media organisations don’t seem to have managed long term success at the top of Facebook’s eco-system.
    Viewability

    Ad fraud or ‘invalid traffic’ is higher on video advertising inventory solid via programmatic platforms – which are the hot new thing. Both of which are issues of concern to marketers and publishers alike.
    programmatic

    More on Facebook related topics here.

  • Crush Google Plus + more

    How Mark Zuckerberg Led Facebook’s War to Crush Google Plus | Vanity Fair – Zuckerberg et al were helped by Google Plus having a poor product experience and dumb rollout approach. This has been evident across Google’s products from Google Wave to GTalk and the Google Cloud service. Facebook didn’t need to crush Google Plus, it just needed to do a better job on a consistent basis. More on Facebook here.

    Huawei Draws From Apple Playbook, Narrows IPhone Market Lead | Digital – AdAge – Guo Ping talks a good game, but why would someone develop specifically for Huawei rather than Android?

    Smart TVs are a dumb idea | TechEye – really nails it in terms of the value created and consumer behaviour

    The foibles of freemium – …turn the commercial model upside down by no longer relying just on journalists to report the news but also articles from a raft of other contributors – including corporate brand and advertising PR people. City AM goes all Forbes and Huffington Post blurring the line in editorial and advertorial content

    Samsung’s subtle nudge to get potential customers to upgrade – interesting acknowledgement that the competition is existing devices in mature markets like Europe and North America

    Huge: Microsoft opens up its Windows Holographic platform to third parties – In what could be a defining moment in the nascent augment reality and virtual reality spaces, Microsoft Corp. has opened up its Windows Holographic platform – trying to become the OS for immersion in the same way that AltSpace is the social platform for VR interactions

    SMARTPHONES: Microsoft Puts Smartphone Bets on Xiaomi Bottom line: Microsoft probably took a 10-20 percent stake in Xiaomi as part of the pair’s deal. At least Xiaomi doesn’t have a carrier relationship to burn by bundling Skype on a handset – let’s hope the do a lot better than Nortel, Nokia, Motorola, Palm, Sendo or LG. All of whom had been in bed with Microsoft at one time or another

    Mobile location data is accurate up to 30 meters: report – Location data accuracy fluctuates which isn’t terribly surprising