October 20, 2017
Amazon started by selling books online. Borders is no longer in business. Then it started selling electronics. Circuit City closed its doors.
What many have missed is the fact that Barnes & Noble is still operating at a profit. Best Buy just declared its most profitable quarter in years and its stock is at an 11-year high. Understanding how Amazon will change an industry and properly reacting to this shift is imperative to success and even survival.
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October 10, 2017
My condolences to our friends and colleagues affected by this season’s hurricanes. Right now, more than anyone else, they know the tremendous damage gray skies can thrust on a community. With that said…
Economics 101 teaches us that pricing is based on supply and demand. Past blogs have outlined how digital advertising has impacted advertising rates from a supply side. Now, the prices advertisers may be able to charge might be negatively impacted on the demand side.
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September 25, 2017
Over the past couple of months Nielsen has published some interesting data that reinforces what we already know about how radio listening is holding up in a world of disruption and new media choices. It’s up to the Radio industry to go on offense with this information and counter the urban myths that are out there regarding our still large and strong audience.
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September 21, 2017
With the devastation in Houston, Florida, and other areas due to Hurricanes Harvey and Irma still fresh in our memories (and with months still to go in hurricane season), it’s probably a good time to remind ourselves of the important role that radio plays in responding to natural disasters.
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September 12, 2017
I attended a session at the Radio Show last week called “The Connected Car Listener Experience.” One of the panelists was Scott Deaver, the Executive Vice President and Chief Marketing Officer of the Avis Budget Group. Mr. Deaver doesn’t consider himself to be in the car rental business. He is in the “Mobility Business.” He explained that while Avis Budget has a very successful and profitable car rental business, they were busy focusing on where the consumer was going to be in 10 years, not where they have been in the past. This is causing Avis Budget to focus on initiatives like autonomous vehicles and to establish profitable business models that allow people to share cars rather than own them.
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