Monday, May 8, 2017

The Full Monty — May 8, 2017


Comcast and Charter team up to go wireless; Hulu goes live; Ringling Bros. circus breathes its last; media consumption habits of Americans; two features: This Week in Fake News and This Week in Retail; the state of social media reports for Twitter and Facebook; the continued push for video from each; the on-demand economy is not sustainable; Uber's in trouble (again); Apple may have an answer to Echo and Google Home;  how Spotify gets music discovery right; personalized experiences are key to digital stores; the blending of online and offline operations is still in doubt; how data and hacking lead to a hijacked election; the world's most valuable commodity; the mental models you need for intelligent decision making; and more in the Cinco de Mayo edition of The Full Monty. We're sure you subscribe to The Full Monty podcast, and don't forget check out where Brain+Trust is speaking (final section below).


Become a patron, it will show how much you value this kind of content. 





The Full Monty, a Brain+Trust Partners publication, exposes you to virtually everything you need in business intelligence at the top of every week. Please sign up for our email updates to make sure you don't miss a thing. And please share this with your colleagues if you find it valuable.

If you’re on Flipboard, you can get these links — and those that didn't make the cut for publication — by subscribing to The Full Monty Magazine at smonty.co/fullmontymag.

Programming note: next week, we'll have a slightly amended set of topic headers. We hope you'll find those just as relevant and helpful as those you've come to know below.

Industry




SPONSOR

Want to know what 500 marketers (budgets up to $10 million) believe and how those beliefs influence their behaviors when it comes to hiring and firing agencies just like yours?

Don't miss this FREE 16 page report, full of information, insight and guidance on how to best approach prospects based on the findings.

Some of the results are going to really surprise you.

If you're seeing this, maybe you'd like to see your company's name here too. Let us know.


Platforms 

TWITTER / PERISCOPE

  • A look at Twitter's Q1 2017 growth that surprised Wall Street, although revenue was down. This was the largest quarterly growth Twitter has seen in two years. 
  • In addition to a 24/7 news channel in conjunction with Bloomberg, Twitter is betting on TV with a dozen partners, including BuzzFeed, LiveNation, the WNBA
  • Twitter's TV app is live on Roku. It doesn't require a Twitter account to join, and lets users watch videos on Twitter's timeline, similar to the implementation of Twitter’s apps on Apple TV, Fire TV, and Xbox One, which all launched over the past few months.

FACEBOOK / INSTAGRAM / WHATSAPP

SNAP

ALPHABET / GOOGLE

  • Google is testing a job posting feature that could rival LinkedIn. This follows Facebook’s move into the jobs space. It will be interesting to see the impact on LinkedIn (and whether LinkedIn opens wider to blue collar jobs in response to the dual threat from both Facebook and Google).


Collaborative / Autonomous / AI

TRANSPORTATION

 AUTONOMOUS 

ARTIFICIAL INTELLIGENCE / BOTS / BLOCKCHAIN




Virtual Reality / Audio

VR/AR

AUDIO




SPONSOR


Register now for Content Marketing World 2017 – taking place September 5-8, 2017 in Cleveland, OH. I’ll be there, and I hope you will be too! Early bird rates end on Friday, June 2. Plus, use code MONTY100 to save an additional $100. Register here: http://cmi.media/cmworld17monty

Need help convincing management? No problem! CMI has a pre-written “Justify Your Trip” template.



Content / Customer Experience / Influencer Marketing



Privacy / Security / Legal



Measurement / Analytics / Data




Leadership / Further Reflection

  • Making better decisions is part of the leadership process. And in order to be well informed and make intelligent decisions, it's helpful to understand the variety of mental models available for consideration.
  • Is FOMO a thing of the past? Digital minimalism is taking root amid the fear of burning out. It's a more practical answer to short-term detox and permanent plug-pulling that's gaining momentum among computer scientists, lifestyle experts, and even beauty brands. We might even call it JOMO (the joy of missing out).
  • Teens certainly don't suffer from FOMO. Largely because they can't put their phones down. According to GlobalWebIndex, teen internet users worldwide spend 3 hours 38 minutes going online via their smartphones during a typical day—roughly 48 minutes more than the overall average for people ages 16 to 64.
  • The beauty of our galaxy is something to behold. A pilot on a night flight across the Atlantic caught a time-lapse video of the splendor of the Milky Way.



Do you like what you see here? Please subscribe to have trends on digital communications, marketing, technology and business delivered to your inbox each Monday.


Between this and the podcast, it's a lot of work. And it's not a team sport, either. If you join as a patron, it will show how much you value this kind of content. Won't you consider supporting The Full Monty?



Upcoming Brain+Trust Speaking Engagements

  • Keynote at the CEO Communications Summit at Concordia University's John Molson School of Business in Montreal, June 13-14, 2017. (Scott)
  • Keynote at Health:Further in Nashville, August 23-25, 2017 (Frank and Scott)
  • Can we speak for your organization? Drop us a line.


Brain+Trust Partners doesn't believe in gobbledygook — we use common sense strategic guidance to help you master the evolving marketplace. From strategy development to technology and data vendor selection, to digital transformation and streamlining processes, our focus is on the customer experience. And our decades of experience working for major brands means that we deeply understand the challenges you're facing. Let us know if we can help you.

Top photo credit: The Battle of Puebla, May 5, 1862 (public domain)

--

Monday, May 1, 2017

The Full Monty — May 1, 2017


ESPN undergoes a major layoff; mobile and desktop advertising surpassed TV; This Week in Fake News; Radio Shack goes out in style; Facebook's associated apps) are approaching the 1B mark; Twitter outperforms in earnings and followers; LinkedIn's Matched Audiences will be a boon to advertisers; Airbnb aims for business travelers; Didi is huge and getting huger; Uber aims to fly high; free self-driving rides in Phoenix; what freaks people out about robots; the impact of autonomous processes on society; VR is only one letter away from QR, but some are wielding it the same way; United heard the cacophony and has made policy changes; Fyre Festival organizers had a flaming mess on their hands; CMOs need more than marketing savvy; a look at Hanlon's Razor; and more in the You're Fyred edition of The Full Monty. We're sure you subscribe to The Full Monty podcast, and don't forget check out where Brain+Trust is speaking (final section below).


Become a patron, it will show how much you value this kind of content. 





The Full Monty, a Brain+Trust Partners publication, exposes you to virtually everything you need in business intelligence at the top of every week. Please sign up for our email updates to make sure you don't miss a thing. And please share this with your colleagues if you find it valuable.

If you’re on Flipboard, you can get these links — and those that didn't make the cut for publication — by subscribing to The Full Monty Magazine at smonty.co/fullmontymag.


Industry

  • ESPN laid off more than 100 employees on Wednesday, including many familiar and highly credible on-air faces. Most observers chalked the moves up to “cord-cutting,” the freefalling relevance of ESPN’s flagship highlight show SportsCenter in a digital world. This challenge extends to other multimedia brands, whether in broadcast or print, in which content is available on any device, and there's a mismatch of attention and big ad spending, combined with an inability to keep up with a rapidly changing media landscape.
  • Mobile and desktop advertising have surpassed TV, and mobile now accounts for more than half of all digital ad revenues, up 22% in 2016 over 2015, according to the IAB. Revenue from digital video is leading the charge, up 53% in 2016 and reaching a record total of $9.1 billion. As TV ad spend declines in favor of digital, it highlights the challenges faced by networks like ESPN.
  • Taking a more "engineering approach" to the future of advertising marketing, WPP purchased Deeplocal, an "innovation studio." A fitting description for a shop rooted in engineering that creates inventions for clients. The future of advertising may be more about experiences than the ads themselves.
  • Consumers want a digital advertising experience that's more subtle, but the question remains about how marketing silos will be broken down to deliver that.
  • This Week in Fake News:
    • Fake news will continue into the foreseeable future for at least four reasons: our media consumption habits have changed; we consider our friends on social media as trustworthy, and therefore not in need of fact-checking; Millennials gravitate to social for news; and they're more open to alternative news sites for information (think Vox, Axios and Quartz, for example — although these are not fake news sites).
    • Social media is polarizing opinions faster than ever. People pick sides, find like-minded users, and dig in. Academics teamed up to dig into the behavior of some 12 million Facebook and YouTube users, and found that within 50 likes of content in a category, users were entrenched. In other news, water is wet.
    • Facebook recognizes that it has a role to play in disinformation campaigns that occur through its platform. They've got a strategy, but it doesn't include a method for combating the creation of false and malicious material at its source, and a sense of Facebook's responsibility when genuine users share those links.
    • Mark Zuckerberg set out to change the world by making it possible for anyone to share anything. But in accomplishing that, the platform has unleashed human nature on itself, making the News Feed the defacto newsfeed to the world, leaving Facebook the unenviable task of trying to fix its own worst bug.
    • One way it is going about this is to suggest more articles to read in the News Feed to help fight its 'filter bubble.'
    • Turkish authorities have blocked access to Wikipedia by Turkish citizens. No, you don't get to ask why. And there's no truth to the rumor that this is to pre-empt fake news.  
  • Radio Shack has closed hundreds of stores in the past few years, but none closed quite like the Reynoldsburg, OH locationBusinesses with franchisees should consider who has access and control of individual stores or locations’ social media presences. Then again, if you're completely eliminating their livelihood because you mismanaged your entire company, you might just deserve what you've got coming.




SPONSOR

Want to know what 500 marketers (budgets up to $10 million) believe and how those beliefs influence their behaviors when it comes to hiring and firing agencies just like yours?

Don't miss this FREE 16 page report, full of information, insight and guidance on how to best approach prospects based on the findings.

Some of the results are going to really surprise you.

If you're seeing this, maybe you'd like to see your company's name here too. Let us know.


Platforms 

TWITTER / PERISCOPE / VINE

    • Jack Dorsey shared some thoughts about Twitter’s growth and the pressure to grow more, the problem of harassment and destructive speech on the platform, whether his company’s done enough to fight it, and of course about Donald Trump.
    • Despite some ongoing controversies, Dorsey does seem to be making positive strides toward halting Twitter’s slide. The platform added nine million users in 4Q 2016, achieved EPS of 11 cents in the same period, beating expectations of only one cent, and saw greater-than-expected revenues of $548 million. It’s too early to declare victory, but these results should provide investors at least a little relief.
    • Twitter is partnering with Bloomberg Media for a 24/7 ad-supported live video news channel, expected to start this fall. Another play for more video ad dollars.

    FACEBOOK / INSTAGRAM / WHATSAPP

    SNAP

    ALPHABET / GOOGLE

    MICROSOFT  / LINKEDIN

    OTHER

    • WeChat is huge in China. The messaging app has succeeded in the absence of other major platforms, partially because of its simplicity and because of its growth as a mobile operating system. Four insights from its ecosystem report:
      • Time spent on the app is up, with the majority of people spending an hour or more a day on it.
      • 57% of users are willing to pay for content on the app.
      • "Miniprograms" within the app still have yet to catch on.
      • Workplace use of WeChat is widespread and may become more codified.



    Collaborative / Autonomous / AI

    LODGING

    TRANSPORTATION

     AUTONOMOUS 

    ARTIFICIAL INTELLIGENCE / BOTS / BLOCKCHAIN

    Virtual Reality / Audio

    VR/AR

    • A bar in London has added unnecessary VR components to its cocktail menu. Great. We're getting to the point where companies are going to start using VR like QR codes: just doing it because they can, rather than improving the experience or adding value.

    AUDIO




    Content / Customer Experience / Influencer Marketing

    • United Airlines announced ten sweeping policy changes, more than two weeks after the now-infamous dragged-off-the-plane incident with Dr. David Dao (with whom United settled this week). The policy changes, announced in an email from embattled CEO Oscar Munoz, include no longer asking law enforcement to remove customers from flights (“unless it is a matter of security or safety”), increasing incentives for rebooking, and no longer asking passengers to give up their seat once seated on the plane. 
      • Despite the policy changes -- and Munoz’s apparently candid admission in an AP interview that “I messed up” the initial response and that the Dao incident ‘may sway’ consumers’ airline choices -- many have responded skeptically, pointing out among other things that the airline is only increasing incentives for overbooking, not ending the practice. Regardless of the policies United may put in place, the airline’s issues stem as much from culture as from policy — and culture takes much longer to fix. Stay tuned.
    • The rumors of the death of content curation may well be exaggerated; major media outlets like the New York Times are finding success with curation, so businesses taking a smart and audience-centric approach to curation may also find success.
    • We're just at the beginning of the bull market for content marketing. There's a high demand for marketing skills and executives have a desire for more long-form content.
    • It's possibly the worst event promotion and execution in history, and influencers were involved in it. That's right: it's the great Fyre Festival Fail of 2017.
      • And while it may be reasonable to ask the FTC to get more serious, the real blame lies with the organizers, who are now facing a class action lawsuit from disgruntled rich kids. To the tune of $100,000,000.



    Privacy / Security / Legal



    Measurement / Analytics / Data




    Leadership / Further Reflection




    Do you like what you see here? Please subscribe to have trends on digital communications, marketing, technology and business delivered to your inbox each Monday.


    Between this and the podcast, it's a lot of work. And it's not a team sport, either. If you join as a patron, it will show how much you value this kind of content. Won't you consider supporting The Full Monty?



    Upcoming Brain+Trust Speaking Engagements

    • Keynote at the CEO Communications Summit at Concordia University's John Molson School of Business in Montreal, June 13-14, 2017. (Scott)
    • Keynote at Health Further in Nashville, August 23-25, 2017 (Frank and Scott)
    • Can we speak for your organization? Drop us a line.


    Brain+Trust Partners doesn't believe in gobbledygook — we use common sense strategic guidance to help you master the evolving marketplace. From strategy development to technology and data vendor selection, to digital transformation and streamlining processes, our focus is on the customer experience. And our decades of experience working for major brands means that we deeply understand the challenges you're facing. Let us know if we can help you.

    Top photo credit: Sunset on the Coast of Sicily After a Storm, by Andreas Achenbach (The Metropolitan Museum)

    --

    Monday, April 24, 2017

    The Full Monty — April 24, 2017


    The United issue shows there may be more at stake in concentrated industries; sports-free bundles may encourage cable subscriptions; This Week in Retail finds Walmart experimenting with a discount formula and looks at what's causing the retail meltdown; the request for Twitter to sell itself - to users; announcements from Facebook's f8 conference; publishers are unsatisfied with Instant Articles; how Facebook pummels the competition; Yahoo's demise is a harbinger; Uber really has some ethical issues (again!); AR is the future of Facebook; The Podcast Consumer 2017 report; the FTC needs to crack down on sponsored posts; success factors for CEOs and managers; and more in the post-vacation edition of The Full Monty. We're sure you subscribe to The Full Monty podcast, and don't forget check out where Brain+Trust is speaking (final section below).


    Become a patron, it will show how much you value this kind of content. 





    The Full Monty, a Brain+Trust Partners publication, exposes you to virtually everything you need in business intelligence at the top of every week. Please sign up for our email updates to make sure you don't miss a thing. And please share this with your colleagues if you find it valuable.

    If you’re on Flipboard, you can get these links — and those that didn't make the cut for publication — by subscribing to The Full Monty Magazine at smonty.co/fullmontymag.

    Edition notes: I'm back from vacation this week, but have to attend my father-in-law's funeral. Next week may be a bit light.

    Industry





    SPONSOR

    Want to know what 500 marketers (budgets up to $10 million) believe and how those beliefs influence their behaviors when it comes to hiring and firing agencies just like yours?

    Don't miss this FREE 16 page report, full of information, insight and guidance on how to best approach prospects based on the findings.

    Some of the results are going to really surprise you.

    If you're seeing this, please inquire about getting your company or product here.


    Platforms 

    TWITTER / PERISCOPE / VINE

      • Twitter is going hard at video: brands can now run in-stream video ads to align with videos from Amplify partners, including top TV networks, major sports leagues, major publishing houses and magazines and professional news outlets. Twitter also highlights that these are "brand-safe" placements, pitting itself against the issues YouTube has recently been dealing with.
      • Did Twitter delete some tweets that were negative toward United Airlines?
      • Twitter's annual shareholder meeting will include a proposal generated via a petition that recommends that Twitter sell itself to some of its more fervent fans.
      • There's a serious problem at Twitter that needs to be addressed: disinformation is being spread by fully automated bots as well as semi-automated spam and trolling accounts that make up a sizeable part of Twitter's active user base. Just look at any @realDonaldTrump tweet seconds after it's been sent it's been liked and retweeted hundreds, if not thousands of times.

      FACEBOOK / INSTAGRAM / WHATSAPP

      SNAP

      ALPHABET / GOOGLE

      YAHOO / VERIZON / AOL

      • Yahoo’s demise is a signal that web-native companies are next. If you run a business that relies on digital-advertising revenue for an outsized portion of your funding, you need to find new streams of revenue. Now.


      Collaborative / Autonomous / AI

      LODGING

      • The lodging industry’s plan against Airbnb shows “the hotel cartel is intent on short-sheeting the middle class so they can keep price-gouging consumers,” according to Airbnb. Is this another instance of taxi companies vs. ride-hailing upstarts? Or does the hotel industry have a workable solution? If the plan is just more legislation and regulation, rather than updating their business model, it may be a long, slow decline for traditional hoteliers.

      TRANSPORTATION

      • New York City's Taxi and Limousine Commission is proposing that car services that only accept credit cards should be required to offer tipping as part of their user experience. Yeah, they're looking at you, Uber. Lyft already offers a tipping option.
      • Uber has extended its internal investigation on sexual harassment and workplace culture. With hundreds of current and former employees lining up, it could be quite revealing.
      • The culture there must be fairly toxic, as Rachel Whetstone, Uber's head of communications, stepped down. Who can blame her? She had a job that was about as enviable as Sean Spicer's.
      • Uber program “Hellcreated fake Lyft rider accounts to track Lyft driver locations, and identified individual drivers using Lyft vulnerability. Add this to the laundry list of questionable business practices by Uber. Why are you still using the app?
      • Uber secretly identified and tagged iPhones even after its app had been deleted and the devices erased — a practice that could have resulted in the app being booted from the App Store. This New York Times article Uber C.E.O. Plays With Fire sums up his behavior and the company's business model succinctly: "In a quest to build Uber into the world’s dominant ride-hailing entity, Mr. Kalanick has openly disregarded many rules and norms, backing down only when caught or cornered." He'll push boundaries and copy competitors, like Facebook; in that, he's like Mark Zuckerberg — but without a conscience. 
       AUTONOMOUS 

      ARTIFICIAL INTELLIGENCE / BOTS / BLOCKCHAIN



      Virtual Reality / Audio

      VR/AR

      AUDIO

      • IHeartMedia, the parent company of IHeartRadio, warned that its current debt position indicate that it may not survive another year.
      • Have a podcast? Here are the seven best podcast promotion tactics.
      • The Podcast Consumer 2017, the latest in Edison Research’s annual study of the medium, contains all new data on podcast users in America. Highlights:
        • Podcasting continues to rise, with Monthly listeners growing from 21% to 24% year over year.
        • The Podcast listener remains an affluent, educated consumer— and one that is becoming increasingly more likely to gravitate to ad-free or ad-light subscription experiences.
        • Subscribers tend to have been podcast consumers for longer than non-subscribers, consume more podcasts, and are more likely to use their smartphone as their primary podcast player.
        • While Home continues to be the most often named location for podcast listening, the vehicle is a strong second.
      • Program of the Week: Gabbing Geek is three friends doing a weekly podcast about movies, comic books, TV, science fiction, books, board games, video games, and all other things geeky. Suggested by Ryan Garcia. Do you have a program to recommend? Add yours to our Google Sheet:  smonty.co/yourpodcasts.  
      • And don't forget to subscribe to our show via email or on iTunesGoogle PlayStitcher,  Spreaker or SoundCloud.



      Content / Customer Experience / Influencer Marketing



      Privacy / Security / Legal

      • How Russian hacking evolved: simple credit card schemes in the '90s, takeover by organized crime in the '00s, and now joint criminal and government hacker teams. Important to understand, from the standpoint of corporate security, communications and society.
      • InterContinental Hotel Group initially announced a data breach of 12 locations. It turns out it's a little bigger: 1,200 IHG hotels were affected by the data breach. IHG is neither the first nor the last big organization that will suffer a data breach. Your company should be planning for how you'll respond if/when it happens to you  across the whole organization, from IT to communications to customer care to legal and beyond.
      • Instagram celebrities (yes, that's a thing) keep sneaking in sponsored posts, according to the Federal Trade Commission. What? Influencers and celebrities not disclosing a material relationship with brands? No! 


      Measurement / Analytics / Data




      Essential Watching / Listening / Reading




      Do you like what you see here? Please subscribe to have trends on digital communications, marketing, technology and business delivered to your inbox each Monday.


      Between this and the podcast, it's a lot of work. And it's not a team sport, either. If you join as a patron, it will show how much you value this kind of content. Won't you consider supporting The Full Monty?



      Upcoming Brain+Trust Speaking Engagements

      • Keynote at the CEO Communications Summit at Concordia University's John Molson School of Business in Montreal, June 13-14, 2017. (Scott)
      • Keynote at Health Further in Nashville, August 23-25, 2017 (Frank and Scott)
      • Can we speak for your organization? Drop us a line.


      Brain+Trust Partners doesn't believe in gobbledygook — we use common sense strategic guidance to help you master the evolving marketplace. From strategy development to technology and data vendor selection, to digital transformation and streamlining processes, our focus is on the customer experience. And our decades of experience working for major brands means that we deeply understand the challenges you're facing. Let us know if we can help you.

      Top photo credit: Belisarious Begging for Alms, by Jacques-Louis David (Wikipedia)

      --

      Learn from the Past to Inform Your Future

      The Full Monty in Person


       Book Scott Monty to speak