Category: Strategy

  • Intent, Interest & Internet dominance

    Facebook’s new move to dominate advertising by expanding its audience network to non users got me thinking about its interest based approach, and in contrast Google’s intent based approach. While both approaches have their place in the scheme of consumption, it reminded me something I posted a while back on a completely different context – choices.

    We live in an era of (relative) abundance and are spoilt for choices. Consequently (to generalise) it has become more difficult than ever to stick to conscious choices. Increasingly we consume more because we can (largely influenced by our social network) than because we need. I see this as a parallel to interest & intent. I also think that the more data Facebook collects across its properties about users (and non users) the closer it will get to making intent an even lesser part of our consumption than it is now.  (more…)

  • Sounds like a brand

    An earlier post’s title was reasonably self explanatory -“Convenience & Choices“, but to summarise, I had dwelt on the abundance of choice we have on all fronts these days, and its (inverse) relationship with conscious choice. I’d quoted from a wonderful article on the death of video stores, The enemy of video stores was convenience. The victim of convenience is conscious choice. The post was subjective, and more a consumer/individual perspective, but what does it to the supply side, or specifically, brands?

    Would it be fair to say that convenience is an enemy of brands as well? Let me explain. There are ‘brands’ that have been built on the proposition of convenience. Given the internet’s penchant for eliminating middlemen who do not provide its kind of value, and its ability to create convenient interfaces, everything from Google and Amazon downwards is built on the idea of convenience. That’s not what I am talking of. My line of thought is whether convenience (also) leads to a certain kind of commoditisation – it becomes not so much about what I want, but more about how easily I am getting it. So long as the product/service is comparable in terms of price and value proposition, and not necessarily superior, I’d be fine. The premium is on ease and time, and not on the brand/product.  (more…)

  • Alpha Bets

    Yahoo’s seemingly imminent demise, and the flip flop at the very top of the food chain – Apple taking back the title of the most valuable company in the world before you could say Alphabet – made me wonder about the next theatre of war. I’ve been fascinated with GAFA (is that AAFA now?) for a while, though I prefer the title that Scott Galloway gave them a year back – The Four Horsemen. If you haven’t seen his presentation from the DLD conference, you should. It gives a lot of perspective on the scale at which Google, Amazon, Facebook and Apple operate, and the impact they are having on every other business there is.

    The Four Horsemen symbolise conquest, and that’s what each of them are after. That’s also why I’m inclined to think that the fate of our species is increasingly tied to the fates of these four companies! While they are not busy fighting turf wars with the ‘smaller’ folks like Uber, Netflix, Slack, China etc, they are increasingly encroaching each others’ key focus areas – from shopping to providing internet to health to devices to social to VR to OS (phones, cars, things!) to content to.. you get the picture! This year, Scott’s presentation was on the same subject and titled ‘Gang of Four‘. It makes things even clearer!

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  • Real Virtuality

    Much has been written about 2016 being the year of Virtual Reality, (or not) but at CES and beyond, one theme that I’ve been noticing is Real Virtuality. The phrase – I meant it as innocent wordplay to describe the thought I had, but the irony is that it is actually the name of a game! Irony, because my thoughts were around ‘real’ businesses (with obvious physical manifestations) entering relatively more virtual environments. ‘Virtuality‘ in philosophy is what is not real, but displays the full qualities of the real. 

    While it had been floating around in my head, this post on GigaOm, on car manufacturers and their self-renewing straddle attempt in the future of the car economy, is what lent it a bit more solidity. The post mentions a few partnerships – Ford with Amazon for a virtual assistant service, GM and Lyft potentially for driverless cars. Ford is also well into its own autonomous vehicles agenda, has a partnership with DJI for drone-to-vehicle communications, (via) and has launched a wearables lab to test smartwatch integration with its cars. The car manufacturers are also developing their own systems, and are thereby in frenemy zone with the OS folks – Apple & Android.  (more…)

  • The transience of consumption & marketing

    Rajesh wrote a very interesting post recently on ownership, and how it would impact brand/marketing/purchase. My own view of ownership has undergone a massive change in the last couple of years, thanks to a combination of factors like increasing life spans, the changing nature of jobs, and the rise of on-demand services. Add to that extreme income disparity, economic flux, and technological advances that have the potential to create obsolescence faster than ever before, and I’m reasonably sure the concept of ownership is up for a revamp.

    Rajesh brings up two factors that caused previous generations to value ownership – financial success (trophies) and asset building. If I have to analyse my own motivations in the past, both of these would find a place. If I dig deeper, I also see a couple of others. One would be lack of access on demand. (eg. music/movie CDs, books, even say, photographs) You can see how streaming and cloud storage have changed this. The other subtext I can vaguely discern is ‘control’. A car, home, all lend an air of certainty and being in control. Maybe it has something to do with growing up in middle class India which had quite a lot of experience with scarcity. But in the line of anti fragile thinking, the key skill going forward would be agility rather than trying to retain control. In essence, a whole lot of cases for ownership that no longer seem relevant.  (more…)