Companies have moved focus from growth to revenue since Fed rates rose above 0. Especially those that care about their market cap & stock price.

An easy way to do this is to pass a previously internalized cost to customers. If you can pass the blame, even better.

Thus: Meta is passing on the Apple tax for boosted posts to advertisers

The change stems from a 2022 App Store update where Apple extended its typical 30 percent cut of digital purchases to boosted posts.

You can add prepaid funds to your account via a web browser to get around the App Store tax when boosting in-app.


Finished reading: John Constantine, Hellblazer Vol. 6: Bloodlines by Garth Ennis 📚


Walmart is in talks to acquire Vizio, which sells a popular line of value-priced smart TVs that include an ad-supported free streaming service

which

could make Walmart a significant player in the connected-TV advertising business, competing with the likes of Roku, Amazon and Google/YouTube

via Variety

When users say “platform,” we mean software (increasingly cloud-based).

When platforms say “platform,” they mean hardware.

Every major ad platform wants a hardware platform of their own. For that sweet, sweet first-party data & to not be beholden to someone else (especially a competitor).


I’ve been waiting for TikTok’s fall, but didn’t see them being their own worst enemy

TikTok’s aggressive growth tactics are upsetting partners, creators, and everyday users

If TikTok no longer offers a stream of fun, serendipitous videos and instead becomes a social-media version of the Home Shopping Network, users may jump ship

“The For You used to seem uncanny in how it would serve up content perfectly tailored to me. Now it feels like the algorithm is less a diagnostic tool of my soul and instead is assessing me as a potential consumer.”

TikTok said the quiet part out loud


Think of some recent digital ads that caught your eye or spurred you to take action:

  • What similarities or themes are there?
  • What about them felt relevant to you?
  • What made your thumb stop mid scroll/swipe/tap?

If you’re a marketer, you now have a checklist for your next campaign.


This doesn’t surprise me

Retail sales, which captures spending on all goods and food services, fell 0.8% in January
That was even lower than the downwardly revised 0.4% increase in December, and well below economists’ expectations of a 0.1% decline

Black Friday was huge and early January showed signs of slowing spend, a holiday hangover of sorts.

Tax season and spring might thaw things a bit, but we’re back in the land of general economic uncertainty (which I have thoughts on)

via CNN


I’m turning into a Google bear 🐻

An antitrust trial this fall

Shedding services

Competition from OpenAI: Develops Web Search Product in Challenge to Google

Arc Search getting buzz (I’ve used it & can easily see this being a glimpse of search’s future)

& now Nvidia passes Google’s market cap


It’s important to remember that each individual listener actually does experience the record in their own way.

Even though the online and streaming mentalities seem to flatten out that individual experience.

It’s important to remember that every individual listener is hearing the record their own way.

-Jason P. Woodbury

Don’t let the promise of scale and mass trick you into thinking you’re talking to a mass.


Two Anthony De Mello quotes:

A village blacksmith found an apprentice willing to work hard at low pay. The smith immediately began his instructions to the lad: “When I take the metal out of the fire, I’ll lay it on the anvil; and when I nod my head you hit it with the hammer.” The apprentice did precisely what he thought he was told. Next day he was the village blacksmith.

&

Those who make no mistakes are making the biggest mistake of all-they are attempting nothing new.


We’re not rational decision makers, we’re rationalizing decision makers.

An important fact to keep in mind.
We justify a purchase after—not before—making it.

via Tom Webster / Sounds Profitable