Monthly Archives: June 2014

Your Freezer Is A Rat

Let’s go to the land of creepy this morning.  A couple of things have come out over the last month which transported me there and I thought I’d invite you along for the ride.

Refridgerator with character

(Photo credit: magnetbox)

The first is a study from the folks at IDC Retail Insights and the second comes from TRUSTe.  Both deal with a topic we’ve discussed here in the screed from time to time: data and privacy.

How would you feel about your freezer ratting you out to your doctor about your nightly three scoops of ice cream?  It’s a possibility, you know.  As the “Internet Of Things” becomes a reality, the same smart appliance that lets you know the ice cream is nearly empty and which adds it to your digital shopping list can also report in the frequency and rate of the product’s depletion.  To whom?  Your doctor, your insurance company, or to anyone else that buys the data.  That makes me uncomfortable (not that I eat ice cream any more) and apparently I’m not alone:

When researchers told the survey respondents that their Web-enabled devices could collect data, the vast majority — 87% — said they were concerned about the type of personal information gathered. Almost the same proportion — 85% — said they would want to know more about data collection before using “smart” devices… Just 14% were comfortable sharing such information with ad companies, while only 19% felt okay about allowing market researchers to access the data.

That’s from the Media Post report on the TRUSTe study.  I believe that many companies entering this space are of the “ask for forgiveness” mindset instead of the “get their permission.”  That’s unfortunate and might lead to some nasty backlash, as the IDC study found:

According to the survey results, and contrary to popular belief, only a minority of consumers are openly disposed to the “give to get” exchange of private information for guidance dependent on a retailer having access to such information – 14% are privacy spenders and 15% are open guidance seekers… Shoppers split about equally into two groups, those who choose privacy over relevancy and those who prefer relevancy over privacy, 53% to 47%. But by nearly a two-to-one margin, 62% to 38%, more consumers believe that they do not have enough control over their privacy in the hands of the retailers they shop.

So while the advantages of the technology, both for consumers and for businesses, are evolving, I’m of the opinion that a strong statement about privacy needs to come from the folks who are pulling together these collection devices.  We’ve seen the FTC cite Google, Facebook, and others for gathering data without permission and consumers are even more attuned to the practice now than they were years ago.  Why not get better data in the open instead of asking our appliances to rat us out without our permission?  Thoughts?

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Meatballs

For our Foodie Friday Fun I’d like to challenge you.

A batch of Danish meatballs, also known as &qu...

(Photo credit: Wikipedia)

Name a culture that doesn’t have a meatball on the menu. Chinese? Got a lot of them. German? Not even Klopse (see what I did there?). No, they’re pretty common everywhere, and why not? They’re a wonderful way to stretch meat as well as to make use of the scraps left when trimming larger cuts.

In most cultures, the meat is ground or finely chopped and some sort of panade – a moistened mass of bread – or breadcrumbs are added both for moisture and lightness.  The herbs and other seasonings are added, as is a binder such as egg.  The mixture is rolled into balls and then fried, steamed, boiled, or cooked in some combination of those methods.  Of course meat is optional.  Once can make excellent meatballs with beans and vegetables and bind them with soaked ground flax-seed in place of eggs to keep them vegan.  What does this have to do with business?

A lot.  First, meatballs are the common food across cultures.  NYC is the crossroads of the world.  Is it a coincidence that a place called The Meatball Shop has done really well here?  If I’m creating a product that I want to sell around the world, or at least to a diverse customer base, I look to the ubiquity of the meatball as a guide.  What do this culture’s meatballs have to do with other with respect to methods and materials?  How can that guide me from a product and marketing perspective (I’m looking for affinities here, not for the types of spice they prefer.  Are they more in tune with, say, England than with Denmark?).

Next, I look to the meatball to remind me that there is no one way to do anything.  Most meatballs are relatively simple although they’re equally simple to screw up by making them too dry or under-seasoned.  Keeping things simple prevents errors, as does clean instruction and detailed recipes.  That said, allowing people to do things their way and to build a better ball can move the business forward.  Embrace their mistakes and help them feel free to make them.

Finally, meatballs can be a bonus product created from the detritus of the main dish.  What can be made from the by-products of what you do every day?

Amazing what we can learn from something so simple, isn’t it?

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Know The Fan

The folks at Sporting News Media released their annual survey into US sports media consumption, the US Know the Fan Report.  I’m embedding an infographic below with the results but a few points bear mentioning.

First, it’s now safe to assume that a viewer of sports on TV is using a second screen.  The study found that nearly half of sports fans claim to use an Internet connected device at the same time as watching . This use helps fans to catch up on what’s happening with other games being played via live text commentary and live scores, as well as to access non-sports related content, communicate with friends about the sports event on TV, watch clips and highlights of other games being played and post comments to social networking platforms about the game/event they’re watching.

I find it interesting that while 96% of fans report watching sports on TV, only a third self-identify as having paid for it.  In my mind, paying the $6+ a month for ESPN qualifies as paying.  3% use a pay-per-view service — down from 9% from 2012.  Facebook, YouTube and Twitter remain the most popular networks overall for fans to follow sports but fans are using them less as compared to last year to make use of newer social networking platforms such as Google+, Instagram, Pinterest and Vine.

Live streaming remains the most popular content accessed (38%), followed by videos of game/event highlights (31%) and videos of sports news (27%). More than half of fans that watch videos of game/event highlights online (51%) and videos of player/manager/coach interviews (56%), do so via mobile device.

My takeaway is that this sort of disruption is occurring everywhere and sports viewing is an excellent lab in which to look forward since sports is an important part in nearly every consumer’s life.  How are you preparing for it to hit your business?

US Overview

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Filed under digital media, sports business