Looking back to when I started this blog, it would have been reasonable to expect an inevitable march of retailing from offline to online. Amazon was on a tear and search advertising volumes were increasing year on year. By the time I was at Yahoo! search advertising (focused on online retailing) counted for about half of all revenue for the company.
At that time Yahoo! had a Spotify-like subscription streaming music service that was viewed as a threat to Apple’s iTunes download only offering. When I worked there Yahoo Music was the number one online music site in terms of audience reach and total time spent by consumers on the site. Also display advertising was much bigger for brands than it is today and Yahoo! was guaranteed a good share of the online marketing spend from any movie launch at the time.
The reality of online retailing, was slower than our expectations. While COVID drove an increase in online retailing there has also been corresponding innovations in retailing as well.
Amongst the pioneers in this change have been luxury brands like Burberry and Nike, who brought digital into their stores to provide a superior customer experience.
Adidas brought manufacturing into its stores with its speedfactory experiment, allowing for fast time to market and customisation.
Supreme changed the cadence of retailing with the Thursday morning ‘drop’ which saw queues outside stores. Every Thursday became a launch day as far as their customers where concerned. The queue has moved from Apple’s annual cadence, to every week.
Carbon nanotubes may join particularly as there is so much speculation about the state and future of IBM’s chip business as management moves towards a software and services based future. Is IBM preparing to sell the chip manufacturing business to the highest bidder?
An Online Shift in China Muffles an Open Forum – NYTimes.com – “This is a new phase for social media in China,” said Hu Yong, a journalism professor at Peking University. “It is the decline of the first large-scale forum for information in China and the rise of something more narrowly focused.” – the authors have positioned this as a Chinese -specific move yet it is mirrored in the west with the rise of Whatsapp, Telegram and other OTT messenger services
UK’s Porn Filter Triggers Widespread Internet Censorship | TorrentFreak – The results of ORG’s new tool show that what started as a “porn filter” has turned into something much bigger. Under the guise of “protecting the children” tens of thousands of sites are now caught up in overbroad filters, which is a worrying development to say the least – interesting that some are blocking the Open Rights Group and open source software sites
Hospital Spies on Your Purchases to Spot Bad Habits – Bloomberg – hospital spies presents an interesting privacy dilemma and they aren’t even using social data yet. We need to start thinking defensively about content and other aspects of our lives in terms of operational security. Hospital spies are likely to be the least of our worries in the future.
Bioischanged – handy for keeping track of influencers
Media
Android TV hands-on: Google makes a new play for the living room | The Verge – if at first you don’t succeed try, try again. What hasn’t been shown so far is a use case beyond an Apple TV type service – a remade version of the DVD player. If companies can come up with a killer app in lean back media then things may change
WPP CEO Sorrell Says Regional Offices Can Be ‘Inhibitors’ | Advertising Age– interesting tension happening here; part of the reason for the inhibitors that there isn’t a power to yes is because the power structures aren’t designed right. A second inhibitor issue is also that the centre is all asking for the wrong things. Often HQ has the power to say no; not the power to say yes where they haven’t come up with the idea. All of these inhibitors means that agency side pan-regional roles will be under threat. More related content here.
Financial Times Testing Time-Spent Ads – Business Insider – interesting move. Will engagement on a page mean that one is more likely to click on ads below the fold or will content just be ignored, would need more detail on click through rates or even conversion rates if possible
Nokia ‘paid millions to software blackmailers six years ago’ | Reuters – Finnish telecoms equipment company Nokia paid several million euros to criminals who threatened to reveal the source code for part of an operating system used in its smartphones some six years ago – did this make the move away from Symbian even more attractive?
Nokia ‘paid millions to software blackmailers six years ago’ | Reuters – Finnish telecoms equipment company Nokia paid several million euros to criminals who threatened to reveal the source code for part of an operating system used in its smartphones some six years ago – did this make the move away from Symbian even more attractive?
Privacy As A Competitive Vector | AVC – Fred Wilson on the market for privacy. The difference that I don’t think Wilson addresses is the demand for privacy and the price people put on it. I think that there is a market, but the business model is critical as I don’t think consumers put a high price on privacy yet
ZTE to cut smartphone models by half | SCMP – cut half of its smartphone models available in the domestic market this year, while expecting total shipments in the world’s biggest smartphone market to remain stable, a company official said yesterday (paywall) – potentially smart move to reduce number of SKUs
B52 receives first tech upgrade since 1961: Now with color screens and wireless networking – this is a credit to the engineers that designed and manufactured to the B52. The longevity there was something dieselpunkish about mixed analogue and digital controls that appeals to me though. The B52 was originally designed as a nuclear bomber, but has only been used in action with conventional weapons. The B52 served in Vietnam, the first Gulf War, Afghanistan and Iraq. The B52 may serve for close on to a century in the US Air Force
Kakao And Daum To Merge, Creating One Of South Korea’s Largest Internet Companies | TechCrunch – this is a really big deal in South Korea. Daum is big in areas such as mobile search and social networks, KakaoTalk has gained ubiquity amongst Korean phone users and made a profitable business from games and stickers. I wonder what Tencent’s share will be in the combined company?
U.S. Companies Hacked by Chinese Didn’t Tell Investors – Bloomberg – which is pretty shocking. They would have at least been at a disadvantage trading with Chinese state-owned companies and the disclosures may have impacted goodwill as partners would be concerned about what information was disclosed. I would have thought all of this would have been meaningful to the share price?
Microsoft’s golden era in China coming to an end | WantChinaTimes – Microsoft will not only lose government purchase orders, but will also lose the central enterprise purchases and OEM market–the three major revenue sources for Microsoft in China – according to a Chinese newspaper, if true then this clobbers Microsoft in China
Web of no web
Watch Skype translate a video conversation in real time | Quartz – you know that time when you first saw the internet and it was a thing of wonder, rather than where you go to work? That’s how I felt when I saw this, mixed up with feeling dirty realising that Skype is actually Microsoft
Am I Crazy For Wanting A 4-Inch iPhone 6? | BusinessInsider – good points in terms of usability. It does beg the question do consumers actually want a phone anymore? I suspect some of them do, but handset manufacturers tend to disagree if one where to believe the big screen trend