Right About Now - Legendary Business Advice

The Week of March 22, 2024 | Stanley Looks to Replicate the Water-Bottle Hype Among Guys

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Takeaways

  • March Madness has a significant impact on the economy, generating billions of dollars in revenue and causing corporate losses due to unproductive workers.
  • Paid memberships in stores and restaurants are becoming more popular as businesses look for reliable sales and customers seek exclusive perks and experiences.
  • Apple is considering integrating Google's AI platform into its iPhone, potentially improving the digital assistant Siri and enhancing the user experience.
  • Stanley, known for its vacuum insulated water bottles, is expanding its market to include men, targeting outdoor enthusiasts and offering new products.
  • The tire market is experiencing a boom due to the increased demand from electric vehicles, which burn through tires faster and cost more than internal combustion vehicles.
  • While Tinder downloads have declined, dating apps as a whole are still popular, with users seeking a variety of options and experiences beyond Tinder.

    • Chapters

    00:00 Introduction and March Madness

    06:35 Paid Memberships in Stores and Restaurants

    08:41 The Rise of Memberships and Private Clubs

    16:03  Apple Integrating Google's AI Platform

    23:42 The Tire Boom Caused by Electric Vehicles

    30:30 Decline in Tinder Downloads

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