Category: retailing | 零售 | 소매업 | 小売業

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.

  • Complaint resolution + more things

    Complaint resolution

    My mind cast back to one of the first modules I studied at college. There was a lecture on the role of complaint resolution as part of customer services. The idea was that effective complaint resolution engendered trust in a customer service function and was more likely to increase brand loyalty and recommendation to other people. In reality Ehrensberg-Bass Institute have explored this area in more depth and found that customer penetration is more important than customer loyalty.

    Approaching Logan Airport
    US National Archives: Approaching Logan Airport. 05/1973 by Michael Manheim

    I suspect that the benefit in complaint resolution is more around a premium brand positioning rather than the business benefits of loyalty. This is an interesting frame to consider AirHelp’s global airline ranking. Unlike SkyTrax that focuses on experience, AirHelp weighs its ranking heavily on complaint resolution.

    British Airways came 82nd out of 83 airlines assessed, which won’t be a surprise to anyone who has flown with them over the past four years.

    Many airlines that would have a high SkyTrax service ranking, didn’t perform as well on complaint resolution.

    So there wasn’t a clear correlation between experience resolving lots of customer complaints or a highly evolved service offering.

    Beauty

    Asia’s beauty triangle and why L’Oréal wants to harness it to ‘uncover the future’ | Cosmectics Design Asia – focus on the ‘beauty triangle of China, Japan and Korea for innovation

    Consumer behaviour

    The Strength of Weak Ties by Mark S. Granovetter – written back in 1973 and still just as valid.

    Energy

    Emerging car brands scrutinised by Bloomberg and Grant Thornton | Manufacturer“Chinese brands are dominating the scene with good products, big screens, and impressive interfaces.” However, the challenge arises when considering pricing, as Chinese EVs like the XPeng’s G9 SUV was 72,000 euros competing against the likes of BMW and Mercedes. So they’re going to find it very, difficult and it’s going to come down to price.” Dean pointed out MG’s success in the UK market was achieved by hitting exactly the right sweet spot in terms of pricing. The MG ZS, the second-best-selling battery electric vehicle in the UK, is priced at an average of £31,000, making it compelling in terms of competitive pricing especially in a country where consumers are not fiercely loyal to specific brands. – interesting reading. The way for Chinese vendors to win would be to have Chinese incentivised lease financing, particularly in a time of higher interest rates a la Huawei in the telecoms markets.

    Honda will cease production of its first EV e car after dismal sales | The Asahi Shimbun: Breaking News, Japan News and Analysis

    Ethics

    Bee Respect: Guerlain – interesting full-featured sustainability policy

    Staff rebel at consultancy behind VW review of Xinjiang rights abuse | FT – Volkswagen using sketchy data practices, haven’t we heard this somewhere before?

    Finance

    China Turns the Tables on Wall Street – WSJ – I am not surprised, just wait until they see how Chinese overseas debt is handled let alone 3rd world sovereign debt

    FMCG

    China overtakes US as branded coffee shop capital of the world | Starbucks | The Guardian

    Health

    American men are dying younger. – by Richard V Reeves – I just don’t think this can be addressed in the current climate of othering and privilege. It would be like trying to hold a meaningful discussion on immigration a few decades ago.

    How Taiwan’s disease detectives are keeping tabs on China | Telegraph Online

    Hong Kong

    Xi in Nanning; Shanghai and Beijing real estate tweaks; More Hong Kong bounties; Sim Love | Sinocism – the Hong Kong puts bounty on the head of US citizen who has criticised the Hong Kong government in the US. They are all ethic Chinese. So China and the Hong Kong government think that ethnic Chinese wherever they are should be loyal to their respective administrations – in essence their face is their passport. Not even Israel does something similar with the the world’s Jewish community, or Ireland with our diaspora.

    Innovation

    Quantum Breakthrough: Caltech Scientists Unveil New Way To Erase Quantum Computer ErrorsResearchers from Caltech have developed a quantum eraser to correct “erasure” errors in quantum computing systems. This technique, which involves manipulating alkaline-earth neutral atoms in laser light “tweezers,” allows for the detection and correction of errors through fluorescence. The innovation leads to a tenfold improvement in entanglement rates in Rydberg neutral atom systems, representing a crucial step forward in making quantum computers more reliable and scalable.

    Luxury

    LVMH takes VivaTech 2023 visitors on a journey in its Dream Box and LVMH Court – LVMH

    Suntory to double prices for premium whiskies in April | The Asahi Shimbun: Breaking News, Japan News and Analysis

    South Korea’s Coupang to acquire online luxury retailer Farfetch | FT

    Marketing

    The best of the Jay Chiat Awards: Campaigns that broke habits and reframed perceptions | WARC

    Panadol chief marketer: How healthcare is ‘hotting up’, consolidating agency partners and why purpose can go ‘too far | Campaign Asia – rational for not spreading agency spend ‘too thin’ which explains holding company partnerships

    Media

    What the Epic vs Google case means for content | Ian Betteridge – well worth reading

    Online

    Meta forced to apologise to Qatari billionaire over crypto scams | FT

    TikTok car confessionals are the new YouTube bedroom vlogs | TechCrunch – a combination of factors going on here. Here’s my top hypotheses:

    • It is supposed to look ‘off-the-cuff’. I guess the keyword in that sentence is supposed.
    • It feels less structured and less staged than the YouTube bedroom trope.
    • Its a half-way house between being confident enough to film in public and filming in your bedroom.
    • Many cars have smartphone stands, or have owners who have installed them.
    • Cars offer some benefits in terms of acoustics. This would be particularly important if the content creator lives in a multiple occupancy household.

    WordPress founder Matt Mullenweg asked people to blog as a way of celebrating his 40th birthday.

    Retailing

    Brands are blaming Temu & Shein for poor business performance | Modern Retail – you probably have a problem with marketing and communicating value if this is the case.

    Technology

    What leading Apple-in-the-enterprise execs expect in ’24 | Computerworld

    GV Co-Leads Funding Round for Photonic Computing Startup Lightmatter – Bloomberg

    Web of no web

    How Meta’s New Face Camera Heralds a New Age of Surveillance – The New York Times

    Wireless

    6G: network operators want profitable returns on 5G first | FT

  • January 2024 newsletter – this makes a half dozen

    January 2024 newsletter introduction

    Welcome to my January 2024 newsletter which marks my 6th issue – bringing us to a half dozen issues in total. Here’s a quick video introduction that I recorded with HeyGen.

    Strategic outcomes

    Dozen as a word in the English language comes from the french douzaine – meaning an assembly of 12 things of the same nature. This in turn was derived from roots in Latin. Weirdly enough the use of dozen plunged to a nadir in 1983 and then enjoyed steady growth to reach its most recent peak in 2018.

    The sun rises reluctantly over the horizon every morning, disappearing each afternoon, but that doesn’t mean that inspiration stops. But each day is getting slightly more daylight here in London and in a few months we could be complaining about the heat.

    If you would like a soundtrack for this edition of the newsletter, I can heartily recommend Kizunguzungu (Mr. Turner Extended Version Edit) by Disc-o-lypso.

    New reader?

    If is your first time reading, welcome to my January 2024 newsletter! You can find my regular writings here and more about me here

    Things I’ve written.

    • A very personal (or iconoclastic) review of last year 2023 – that was twenty twenty three
    • Watch Registry – how a confluence of EU regulations and surging crime has driven a new category of online service.
    • Pebble – micro-blogging service Pebble went under in November last year. Here’s what we lost.
    • Loneliness – its impact and some of the solutions that are evolving to address it.
    • Backroom – how one of my photos went around the web and ended up in an online game.
    • Every old idea is new again – a mix of collective amnesia and the less than perfect memory of the web means that old ideas have their time as new creative.

    Books that I have read.

    • Over the new year, I curled up on the sofa with 2034 by Elliot Ackerman and Admiral James Stavridis. Ackerman and Stavridis plot out a political pot boiler about what a future war with China might look like. The realpolitik of the book feels real, the main issue would be the complete passivity of smaller powers like the United Kingdom and France. The rise of India and the fall of China as a global power at the end is an interesting commentary on the current Xi-led government. The book seems to set out to do a few jobs. First and foremost it’s a call to arms about American preparedness (it isn’t prepared). Secondly, it’s a warning about over-relying on technology, over base skills like astral navigation – something that the advertising industry could learn from as we fumble forward across AI, martech and adtech in a time of declining effectiveness. But the book also irritated me and pulled me out of of the story with magical thinking in Chinese technology and having every part of a plane including an ejector seat open to being hacked and disabled. I could imagine car manufacturers leaving their safety systems open, but would have thought that the military would have been more sensible about their safety equipment.
    • How Did Britain Come to This?: A century of systemic failures of governance by Gwen Bevan. How Clement Attlee’s administration solved issues of minimal government in the post-war period and these solutions held up until the early 1970s. How Margaret Thatcher’s solution of markets for everything suffered from market failures over the years. All of which resulted in geography as destiny in terms of social outcomes.
    • Among the Braves: Hope, Struggle, and Exile in the Battle for Hong Kong and the Future of Global Democracy by Shibani Mahtani and Timothy McLaughlin – an interesting portrayal of Hong Kong’s pro-democracy movement from the perspective of foreign journalists in the region. McLaughlin writes for The Atlantic and is based out of Singapore, Mahtani does a similar role for the Washington Post. The whole society movement of the protests is something that comes out in the books and makes me think that the authorities will have a longer term job to keep their illiberal agenda going. But on the flipside the American foreign policy looks weak and ineffective in the face of China. What most surprised me was how the authors uncovered details inside the government and the police force. Probably the most explosive allegation is that the Organised Crime and Triad Bureau of the Hong Kong Police were monitoring the WhatsApp group chat used by multiple rival gangs to organise the attack on Yuen Long train station. There is a large overlap between rural political committees in the Yuen Long area and triads. We know that the police did not prevent it, did nothing about it when it happened and conducted minimal prosecutions. Chief executive Carrie Lam was getting her news from the television rather than intelligence gathered using open source, human intelligence sources and ‘exquisite‘ means. Some members of the government related to mainland affairs seem to have had an indication of what was coming, but there is no evidence that Lam knew.

    Things I have been inspired by.

    Swiss International Airlines, the city of Geneva and the Grand Prix D’Horologerie de Genève did a classic PR stunt in October 2023. A flight crew member supervised by a watchmaker assembled a mechanical watch mid-flight between Geneva and New York at an altitude at 30,000 feet. In the idea you have precision, innovation, expertise, professionalism, quality and skill. A solid fusion of complementary brands, brand planning and creative ideation.

    Unfortunately, the story seems to have been eclipsed by the Israel – HAMAS conflict in the Gaza region. The uncertainty of the news agenda illustrates the weakest point of a campaign relying purely on earned media. 

    Swiss International, GPHG and Genève Tourisme assemble a watch mid-air
    © Genève Tourisme

    Etsy and agency The Orchard nailed gift buying with their spot ‘Dad’. The insight that family members often don’t want gifts and are concerned about clutter or the ‘wrong type’ of gifts is on-point. There is the additional layer of thriftiness that comes from being part of an immigrant family – be they Irish or Asian.

    The idea also had me reflect on the time I spent helping to sort through my late Uncle’s belongings on the family farm back home in Ireland. There were ‘new old stock’ ties still in their packaging and an Insignia aftershave / shower gel gift set from sometime in the early 1990s in his drawers. Stashed there after being gifted, but unneeded.

    Thoughtful gifts are priceless.

    While the ad is aimed at Christmas, I saw it as I thought about my Dad’s birthday. My own parents exhibit the traits of not wanting gifts and thriftiness. But in my case, no Etsy-sleuthing was required however, with a bit of cajoling he knew precisely what he wanted from the Toolstation catalogue. The collector gene runs deep in the Carroll family.

    https://youtu.be/4VI6rgps_Bc?si=pHQpElVLc_KlDecI
    The Orchard for Etsy

    While a lot of London had their out of office on until January 15th, New Balance had their skates on previewing Scorpius, Rose Water and Medusa Azúl variants of the 1906R in association with Action Bronson. The clever thing that they have done is that each of the colour ways have a variation in brightness, appealing to sneaker heads of different temperaments. For me this was more exciting than Louis Vuitton’s collaboration with Timberland also announced this month.

    7-Eleven Hong Kong did one of the first campaigns that merged generative AI techniques with traditional advertising production values including extensive use of green screens and wire work that would have been more at home in the fantasy martial arts films Hong Kong made famous.

    7 Select

    4.5 billion years in an hour. A great way to bring data to life in a way that we wouldn’t otherwise be able to fathom. It also works well as a background for writing late at night as well. It did remind me of Hitchhiker’s Guide to The Galaxy for some reason, and that’s no bad thing. 

    I was looking at the underlying code on one of my flickr photo pages and came across this recruitment advert embedded in the code. I thought it was quite cleverly done in terms of targeting a technical audience.

    Embedded recruitment ad

    A bit of a late find for me, the Computer History Museum held a 2-hour event interviewing key people in the development of the Apple Mac, in order to celebrate the 40th anniversary of its launch. There is so much that can be still learned today from their experience. You can watch it here.

    Finally, Tom Coates shed more light on what we are likely to see platform-wise from a post-Twitter future.

    Things I have watched. 

    It’s cold and dark and I make no apology for my films being unapologetically escapist and and entertaining to try and counterweight the drab conditions.

    Something Wicked This Way ComesSomething Wicked This Way Comes was made in the UK during that many Disney fans describe as the studios ‘dark period’. From 1967 – 1984, the Disney family connection to the business was severed through deaths and a resignation. Film quality declined while shows and theme parks supported the business until Michael Eisner . Something Wicked This Way Comes has a fantastic cast including blaxploitation starlet Pam Grier, Broadway and Hollywood veteran Jason Robards and a young Jonathan Pryce, now better known as David Cartwright, former spook and River Cartwright’s grandfather in Slow Horses. The film is based on a book by Ray Bradbury. The film has a similarly surreal nature to Willy Wonka and The Chocolate Factory.

    I sat and watched Wild PalmsI hadn’t watched it all the way through previously and I found it much more rewarding to watch than similar shows like Twin Peaks. There is that slight dissonance and discomfort you have watching it that reminded me of reading JG Ballard’s works. 

    The Criterion Collection released a sympathetic digital remastering of Frederico Fellini’s La Dolce Vita. With a lot of similar projects the work adds little, but The Criterion Collection are no ordinary publisher and the film needed a lot of work. So much so, that it took donations from Gucci and government bodies to ensure that the work was done to a high standards. The results are right there on screen, the sound has had excessive background noise cleaned up as well. It isn’t excessively loud like the audio on the remaster of Sergio Leone’s crowning achievement Once Upon A Time in the West, but it does benefit from the clarity provided. The films commentary on the hollowness of the media industry is timeless as is its tour of Rome: ancient and modern.

    Michael Fassbender’s Road to Le Mans – Porsche sponsored online film series that goes through Michael Fassbender’s journey to drive the Le Mans 24 hour race.

    I am a huge fan of French police dramas from the 1960s to the present day and was really impressed by Netflix show Blood Coast. It features Olivier Marchal on some of the writing and directing duties. Marchal created Braquo, which ran for three seasons until 2016.

    Not exactly something to watch, but the Hot Money: The New Narcos is an amazing high adrenalin podcast with the Kinahan family and the Dubai Super-cartel at the centre of it all.

    Useful tools.

    ABBYY Business Card Reader.

    ABBYY Business Card Reader allows you to convert business cards into contacts.app entries on your iPhone or iPad – this then syncs with my Mac as part of iCloud services. While I don’t receive as many business cards as I used to, this is still a really useful time-saver.

    WolframAlpha.

    WolframAlpha is a handy shortcut for data points that Statista, WARC etc. doesn’t or won’t have.

    Beeper.

    Beeper is a multi-protocol messaging client. You can have Slack, LinkedIn, iMessage, WhatsApp and Discord all in one client. It works on both Macs and iPhones.

    WaveAI Note taker.

    Wave AI is an app that provides call note taking functionality using speech to text conversation. It is based on a freemium business model. Give it a try to see if it works with your style of working. An alternative to consider is Vienna Scribe, both seem to give better results than otter.ai

    Portable second monitor.

    When working away from the office or home, I have found a second monitor to come in handy. The one I use is from ASUS and comes with a protective cover that doubles as a stand.

    Using generative AI tools

    Principled Instructions Are All You Need for Questioning LLaMA-1/2, GPT-3.5/4 – is an academic paper with tips on how to get the most out of your prompts.

    The sales pitch.

    Now taking bookings for strategic engagements or discussions on permanent roles. Contact me here.

    More on what I have done to date here.

    bit.ly_gedstrategy

    The End.

    Ok this is the end of my January 2024 newsletter, I hope to see you all back here again in a month. Gong hei fat choy for the forthcoming Chinese new year. It will be the year of the dragon on February 10th. 

    Be excellent to each other. Let me know what you think or if you have any recommendations to be featured in forthcoming issues. 

  • Padel + more things

    Padel

    The racket sport padel seems to have got the zeitgeist, if not the player numbers yet. We haven’t really seen a surge in sports fads since the 1980s. During that time skateboarding rose from a peak in the late 1970s, to a more stable underground sport that we have today. The closure of a squash racquet factory in Cambridge, saw the sport globalise manufacture and playing. In a few short years rackets went from gut strings and ash wood frames to synthetic strings and carbon fibre composite rackets. It was as much a symbol of the striving business man as the Filofax or the golf bag. Interest was attracted by a large amount of courts and racket technology that greatly improved the game.

    Squash had its origins in the late 19th century and took the best part of a century to reach its acme in the cultural zeitgeist. Skateboarding started in the late 1940s and took a mere 30 years to breakout. Padel falls somewhere between the two. Padel was invented in 1969. But it took COVID-19 to drive its popularity in Europe and North America.

    There is a new world professional competition circuit for 2024. And it has attracted the interest of court developers looking to cater to what they believe is latent consumer demand.

    Finally, you can get three padel courts in the space for one tennis court. More on the padel gold rush from the FT.

    The challenge is if padel is just a fad, or has it longevity? Skateboarding is popular, but many councils didn’t see the benefit of supporting skate parks built in the 1970s around the country. Squash still has its fans but doesn’t have the same popularity that it enjoyed in the 1980s.

    How to play padel

    More on the basics of how to play padel here.

    Business

    British American Tobacco writes down $31.5 billion as it shifts its business away from cigarettes

    China

    “He Always Talks About the West”-Former University President Sentenced to 11 Years in Prison in China and Who’s Afraid of Chizuko Ueno? The Party’s Ongoing Counteroffensive against Feminism in the Xi Era don’t inspire investor confidence in China

    China’s Xi goes full Stalin with purge – POLITICO – the narrative feels wrong around this article, even though the purge is on

    Bloomberg New Economy: China’s Economic Heft Sinks for First Time Since 1994 – Bloomberg

    Consumer behaviour

    Firewater | No Mercy / No Malice – on young people and risk

    What’s it like being a Disney adult? – The Face – this is much more common in Hong Kong, but then people had annual passes to go there. I found it interesting that The Face othered it as a sub-culture

    Vittles Reviews: There Is Always Another ProvinceProvince-chasing isn’t just a Western phenomenon; China is still so vast that when the barbecued food of Xinjiang, one of China’s border provinces, showed up in a former sausage shop on Walworth Road at Lao Dao, it didn’t need to open to the general public for months, choosing only to take bookings via Chinese social media. The paradox is that the success of regional Chinese restaurants has created a Western audience which wants more, but that same success has allowed these restaurants to bypass those customers altogether

    Culture

    Television: one of the most audacious pranks in history was hidden in a hit TV show for years.Watch enough episodes of Melrose Place and you’ll notice other very odd props and set design all over the show. A pool float in the shape of a sperm about to fertilize an egg. A golf trophy that appears to have testicles. Furniture designed to look like an endangered spotted owl. It turns out all of these objects, and more than 100 others, were designed by an artist collective called the GALA Committee. For three years, as the denizens of the Melrose Place apartment complex loved, lost, and betrayed one another, the GALA Committee smuggled subversive leftist art onto the set, experimenting with the relationship between art, artist, and spectator. The collective hid its work in plain sight and operated in secrecy. Outside of a select few insiders, no one—including Aaron Spelling, Melrose’s legendary executive producer—knew what it was doing. The project was called In the Name of the Place. It ended in 1997. Or, perhaps, since the episodes are streamable, it never ended

    Design

    Sony Access Controller Review: A Beautiful Addition for All Gamers | WIRED

    Is the flat design trend finally over? | by Chan Karunaratne | Dec, 2023 | UX Collective

    Economics

    China’s accelerating rise in consumer defaults | FT – inspite of the social credit scores and lack of opportunity to declare personal bankruptcy

    China challenge is too much for Republican market fundamentalism | FT

    Energy

    Audi to build all-electric rugged 4×4 to rival Defender and G-Class | CAR Magazine – differentiating from the SUV field. Interesting that the Land Cruiser and Ineos doesn’t make the comparison list, yet the G-Wagen does.

    China uranium grab poses threat to western energy supply, warns Yellow Cake | FT

    Ethics

    After $500m Zuckerberg donation, Harvard university gutted its disinfo team studying Facebook | Boing Boing

    AI’s carbon footprint is bigger than you think

    Are fashion’s buying practices really improving? | Vogue Business – buyers think that they are taking a long term more collaborative approach, supplier feedback reflects an unchanged reality

    Finance

    Blockchains are entering their “broadband era” | Visa – I was surprised by the amount of faith that Visa has in the future of Blockchain technology

    Against the odds, China’s push to internationalise its currency is making gains

    Gadgets

    Rode acquire Mackie | Sound On Sound – this is big for podcasters, but also for artists that record in their own studios. Mackie mixers have powered the home grown set-ups of artists like The Prodigy, The Crystal Method, Brian Eno, Daft Punk and Orbital.

    Health

    China e-cigarette titan behind ‘Elf Bar’ floods the US with illegal vapes | ReutersIn the United States, the firm simply ignored regulations on new products and capitalized on poor enforcement. It has flooded the U.S. market with flavored vapes that have been among the best-selling U.S. brands, including Elf Bar, EBDesign and Lost Mary. In the United Kingdom, by contrast, Zhang has complied with regulations requiring lower nicotine levels and government registration while building an unmatched distribution network — and driving a surge in youth vaping

    Hong Kong

    Hong Kong migrants revel in Cantopop concerts, films from home as tears flow, emotions high in ‘collective healing’ at venues in Canada, UK | South China Morning Post

    Hong Kong’s first ‘patriots-only’ district council poll reflects political tale of two cities, as some eagerly rush to vote and others shy away | South China Morning PostHong Kong on election day splits into two camps, with one eager to vote out of civic duty and others giving polling stations wide berth over lack of political diversity. ‘I thought more people would come and vote because there has been more publicity,’ one elector says after discovering sleepy atmosphere at local polling station – the question is will Beijing take anything from this voter turn out? Does it signal suppressed but indignant separatists, or Hong Kongers who are more focused on prosperity and weekend Netflix? If they suspect the former then the security situation is likely to get more dire

    Ideas

    A simple theory of cancel culture – by Joseph Heath

    Innovation

    The first humanoid robot factory is about to open | Axios

    Japan

    “Hoarder Hygge” is the Anti-Zen – Matt Alt’s Pure Invention – this applies equally well to Hong Kong as well, presumably for similar reasons

    London

    Outernet now London’s most visited tourist attraction | The Times

    Luxury

    Inside Louis Vuitton’s Hong Kong spectacle | Vogue BusinessWhile Hong Kong is gradually recovering from the pandemic lockdowns, growth in Mainland China is slowing. According to HSBC estimates, luxury sales there are expected to grow 5 per cent in 2024, a sharp deceleration compared with 2023’s projected 18 per cent.

    New 2024 Porsche Macan EV: we reveal tech secrets of Stuttgart’s first electric SUV | CAR Magazine

    Marketing

    How One Campaign Changed Everything for Coca-Cola | AdWeek

    Stop focusing on ‘Gen Z’: we’re missing the true audience challenge – The Media Leader

    Behind the Pop Culture Roots of Pepsi’s Modern Retro Redesign – so Pepsi’s own advertising over 30 years had less impact than films from the 1980s and 1990s with younger consumers – that’s a damning indictment if ever I heard one

    Media

    Spotify Is Screwed | WIRED

    Disney global ads president: expect streaming consolidation – The Media Leader – and presumably they think Disney will be a winner?

    Meme

    When My Dog Died, I Turned to a Specific Image for Comfort. Many Do. | Slate – how the idea of the ‘rainbow bridge’ heaven analogue for dogs came about.

    Online

    Techrights — CNN Contributes to Demolition of the Open Web

    Quality

    You are never taught how to build quality software | Florian Bellmann | Be curious, explore and meditate.

    Retailing

    The EU is taking on fashion’s open secret: Destroying unsold goods | Vogue Business

    McDonald’s Launching Spinoff Restaurant Chain Called CosMc’s | Today – I’ll write more about Cosmc’s once I have collected my thoughts on it.

    Security

    Daring Fireball: 23andMe Confirms Hackers Stole Ancestry Data on 6.9 Million Users

    UK’s data regulator resists call to investigate China’s BGI over genomic concerns | Reuters

    Stealing AI models

    Software

    Warning from OpenAI leaders helped trigger Sam Altman’s ouster – The Washington Post

    Practical Ways To Increase Product Velocity | Stay SaaSy

    How it’s Made: Interacting with Gemini through multimodal prompting – Google for Developers

    Apple Makes a Quiet AI Move – On my Om

    Putting China’s Top LLMs to the Test – by Irene Zhang

    Make no mistake—AI is owned by Big Tech | MIT Technology Review

    Documentary on the state of AI

    Technology

    GPU Cloud Economics Explained – The Hidden Truth

    Chipmaking Amid War in Israel – by Nicholas Welch – everything is political.

    ASML axes CTO role with new CEO | EE Times – given that the next stage technology path is rocky to say the least and innovation needs to be a key focus for ASML this made me nervous.

    Broadcom first to add AI to network switch chip | EE Times

    Wireless

    Tens of thousands of Palestinians in Gaza are staying connected to the world via donated eSIMs

    Report: 5G global mobile data traffic set to triple in six years | EE News Europe

  • Breakin + more things

    Breakin

    Breakin was a 1984 film which brought hip hop culture around the world. You can criticise the plot and awkward dialogue, but the break dancing and body popping was amazing. The film was a sufficiently successful commercial success that a sequel was made to the original film.

    The broom sweeping scene

    The broom sweeping scene in Breakin was inspirational drawing from mime, body popping and breaking sparked the imagination of people around the world. It made the dancer Michael “Turbo” Boogaloo Shrimp Chambers a global celebrity. Chambers himself credited stop motion animation of films like Ray Harryhausen’s works as being a key influence. He went on to teach Michael Jackson the ‘moonwalk’.

    The broom sweeping scene from Breakin was shot at 4323 Melrose Avenue, which in turn has turned into a pilgrimage for fans. So a camera crew and Chambers went back to the site and reshot the scene over one night. The production team had wrapped the building to resemble the original in 1984.

    Despite Chambers recovering from knee surgery, he still has the skills some 34 years later.

    Caterham Project V

    Caterham are famous in the car world for their evolution of Colin Chapman’s Lotus 7 design, which was the purest manifestation of Chapman’s design philosophy to make light, great handling cars. Caterham has been looking at making the jump from internal combustion engine powered vehicles to electric power. Like previous Caterham cars, much of the design process is about curating parts from other manufacturers parts bins with their own chassis and suspension design to come up with a perfect handling chimera.

    ‘Military Magic’

    The role of innovation and military development has on each other is a subject that is often discussed. Our modern online world is down to cold war thinking about resilient data and telecommunications network. But Kuo’s research has found that innovation can also hurt combat effectiveness and highlights the kind of factors where this might occur. Innovation isn’t bad, but can be done badly. More on related content here.

    Green Mountain Coffee Roasters

    In the US, Keurig k-cup capsules are the default home brewed coffee standard, rather like Nespresso in Europe and much of Asia. Green Mountain Coffee Roasters worked with Kevin Costner to create signature roast varieties for him. The subsequent ad lampoons how brand partnerships often move from the authentic to the ridiculous.

    7-Select

    7-Eleven Hong Kong is a standby for workers wanting a grab-and-go breakfast, lunch or dinner at their desk. They have a range of foods called 7-Select. They promoted it online and via TV advertising this year using local celebrity Dee Gor and generative AI-based artwork.

    The 7-Select range features many Hong Kong stables that merge western dishes like sandwiches in a local way that is emblematic of Hong Kong cuisine. Below is a video on the making of the advertisements including green screens and wire work – usually a staple of Hong Kong’s fantastical martial arts film industry.

  • Watch registry

    Over the past few years we’ve seen a plethora of watch registry platforms spring up. There have been a number of reasons for this happening:

    • European Union regulations
    • Business processes
    • Crime

    European Union regulations

    The European Commission Health and Digital Executive agency have been championing the idea of digital product passports across a range of sectors including textiles and various manufactured goods. This includes:

    • Electrical and electronic equipment
    • Batteries
    • Food waste
    • Textiles
    • Packaging and packaging waste

    Even if a watch is mechanical in operation and doesn’t come with a sewn strap, it still comes with packaging. Digital product passports mean that watchmakers end up with a watch registry service almost by default for newly manufactured watches.

    The EU digital product passport sits at the intersection of a number of EU related policies including the Ecosystem for Sustainable Products regulation and the Cyber Resilience act. The focus on sustainability is designed to facilitate a circular economy of manufactured, serviced and recycled materials. Having a product’s documentation follow it through its life helps prevent fraud and regulatory non-compliance in a similar way to animal passports as part of the common agricultural policy. It isn’t perfect but it makes criminal activities harder to do and easier to uncover. For such a system to work, it would need to resist the efforts of bad actors like Russia.

    There are secondary benefits to the digital product passport including inserting friction in the global trade of products made outside of the EU for importation into the trading bloc, such as fast fashion items.

    Luxury items, by their nature have less to worry about, but given their high value, at a future date analysing watch registry data may help understand and intercept money laundering schemes.

    patek

    There have been existing watch registry players for instance The Watch Register which is a spin-off of the Art Loss Register.

    Business processes

    As well as using the digital product passport for regulatory purposes and a watch registry. Digital product passports allow product traceability to facilitate:

    • Manufacturing including quality control and quality assurance
    • Service and repair
    • Customer relationship management
    • Product recycling or remanufacture
    • Proof of authenticity throughout the life of the product, provided as a watch registry function

    Crime

    Non manufacturer related platforms have been very upfront about their concern to help combat watch thefts that seems to have surged. Between 2021 and 2022 luxury watch thefts in London surged over 40 percent. London as a global city has rapidly built a reputation for itself as a centre for watch thefts. It has been suffienctly out of control that a luxury auction house and secondary market dealers have been warning prospective and existing customers of the crime risk. The idea is that by having traceable ownership of timepieces in a watch registry, the stolen watches would be harder to fence and would likely be seized when submitted for service, repair or resale.

    For secondary dealer watch related fraud has also been an issue with a high profile allegations against Anthony Farrer aka The Timepiece Gentleman (TPG).

    The Watch Register

    The Watch Register was founded in 2016. For a 20 percent fee, they will store the details of a stolen watch. Watch dealers then check inventory that they are about to receive against the their database. This is problematic for a number of reasons:

    • You can’t register your watch unless it’s been stolen.
    • Police are now reluctant to provide a crime number to watch thefts, which you need to register your watch.
    • There’s a 20 percent fee for registration
    • The watch, its box and papers may have all been stolen. Which might make having the watch number to hand all the more difficult.

    Reviews on watch forums of the service have been mixed. Given the forthcoming regulations coming through The Watch Register is likely to be relegated only to older watches and its 20 percent commission fee looks expensive versus both manufacturer offerings and Digital Watch Vault.

    Blockchain and Watch registry

    Some of these services have adopted blockchain as their technology stack of choice. I am sceptical of blockchain as a technology in general due to its relatively slow transaction rate compared to relational databases and high speed payment networks operated by the likes of Visa, Mastercard and American Express.

    Arianee digital passport

    Arianee is a SaaS business and a governing body for a protocol. It offers digital passport and membership services that are used by luxury fashion brands, luxury retailers and beauty brands. Several watch brands have adopted Arianee’s digital passport offering. The product is white labelled and different brands might use different functions, but it is based on top of a block chain technology stack.

    • Audemars Piguet
    • Breitling
    • MB&F
    • Panerai
    • Roger Dubuis
    • Vacheron Constantin

    Breitling was the first of the brands to launch its digital passport service in 2020, Panerai rolled their version out in October 2023. There isn’t cross-brand interoperability to make a registry of registries. They all seem to operate as ‘shards’ or instances.

    Aura digital product passport

    Aura is an LVMH led consortium for the deployment of blockchain based solutions focused not he luxury sector. Other luxury groups including Richemont and Prada Group are members. Much of the use has focused on luxury fashion brands like Loro Piana and Prada. Cartier is also involved and the service is pitched at luxury watch makers. Watchmakers involved include

    • Bulgari
    • Cartier
    • Chopard
    • H Moser
    • Hublot

    Like Arianee there isn’t cross-brand interoperability for the watch registry function.

    Digital Watch Vault

    Digital Watch Vault is a platform that has been put together by individuals involved in the secondary market for watch. There is no charge to submit the details of your watch.

    Digital Watch Vault is a new service. It has a number of high profile advocates as well as some detractors.

    More luxury related topics here.

    More information

    Digital Watch Vault

    Introducing My IWC Passport | IWC Journal

    A digital passport for our watches | Panerai

    The Watch Register

    KPMG Switzerland | Blockchain technology in the luxury watch industry

    Six Steps to Digital Product Passport Readiness | Kessler

    Digital Product Passport | European Health and Digital Executive Agency (HaDEA)

    Wearing your Rolex or Patek Philippe in Europe? Why you should be worried about London and Paris’ spikes in luxury watch theft | South China Morning Post