In this episode, Colin Dougherty (Director of Partnerships, CartConvert) joins and we dive into recent major economic shifts, starting with the sobering news of massive corporate layoffs at Amazon and Meta, and discussing the growing threat of AI to white-collar jobs. We explore the CEO of NVIDIA's view on this as a "carriage to automotive" moment, requiring new skills.
On a more hopeful note, we analyze the billion-dollar acquisition of Hailey Bieber’s skincare brand, Rhode, and break down why celebrity-backed "Superman brands" are perfectly structured for high-value D2C exits.
We also examine intriguing data from Netflix's advertising platform, finding out how consumer engagement on streaming compares to TikTok and YouTube. Finally, we dissect the Fed's recent basis points cut and the decision to halt quantitative tightening (QT), and what this "frothy" outlook means for Q4, before looking ahead at the explosive growth of live selling (Whatnot, TikTok Shop) and the potential for a new wave of modern-day "Billy Mays" sales talent.
Key Topics Covered:
(01:06) Bad News First: Amazon Corporate Layoffs and the Rise of AI
(07:37) Hopeful News: Rhode's Billion-Dollar Acquisition
(13:22) Netflix Advertising Statistics
(24:37) Huggies' Confusing World Cup Sweepstakes Campaign
(30:35) The Fed Drops Interest Rates and Quantitative Tightening
(36:18) "Frothy" Consumer Market and Q4 Sales Predictions
(44:19) The Rise of Live Selling | QVC 2.0