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Since the mid-eighteenth century, economists like Adam Smith and James Denham-Steuart have detailed the effect of supply and demand on a product’s price. As supply fell or demand increased, the cost of a given product would rise. Conversely, as supply rose or demand decreased, the price of that product would fall.
There’s been a lot of buzz about ABC/Disney’s recent decision to sell 23 of their 24 Radio Disney O&Os. Does this send a signal about the viability of radio? Or does it say something about Radio Disney’s specific business model?
It is no surprise that digital ad revenue is growing at a faster rate than any other major advertising outlets. According to eMarketer, digital ad spending is expected to grow 17% this year to $140 billion globally.
Not too long ago I was stuck in traffic behind an HVAC van. With nothing better to do, I read the services this particular company offered. One word in big, bold letters stopped me cold – FURNANCE.
Now, I knew they had meant to offer services in regards to a furnace, but their typo led me to speculate several things about this company. 1) Were they truly ignorant of the correct spelling? 2) Had they made a small mistake? 3) But if so, which was true: Were they too cheap or too unconcerned to correct it?
Can You Hear Me Now … Can You Hear Me Now … TIME TO PAY ATTENTION!!!!!!!!
The current economic situation is forcing consumers to make tough choices that affect almost every spending category. Fundamental ideas are changing and basic concepts are being altered. We need to start paying attention to the details in order to thrive in this changing economy.
