According to EMARKETER, we’re almost at peak media with “a plateauing of consumption in the 11 media formats measured.”
Americans are forecast to add 5 minutes of media consumption next year, and 4 the year after.
Social is basically saturated.
What’s your reach strategy now?
Think outside the feed.
I ended my post on lessons from Dropout with:
Trying to do what the industry heavyweight(s) does but a bit better is not a viable plan. Finding the gap in their model—the unserved audience—is a winning plan.
Know the game you’re playing. Know the way you want to play it. Know the strengths and weaknesses of the other players. Know your style. Know the loophole.
I decided to make a diagram
consumer confidence fell unexpectedly mid-October
What could have caused that 🤔
Fall 2024: the vibe got weird #analysis
there’s a lot of uncertainty. There’s financial strains. The election is behind us, but there’s always a transition uncertainty that happens that gets people no matter who wins. And if it’s your side or not your side, that still gets people a little bit worried before the official transition happens next year. So I think consumers are coming from a place of I don’t want to say scared, but a little bit more cautious
People might just ease into 2025 at this point.
Seth builds on this sentiment in this great podcast strategy walkthrough.
There are 4 decisions you make that determine the future of your business.
When you pick your:
- Customers
- Competitors
- Distribution
- Constraints
