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Tim Peter Thinks

Tim Peter

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July 10, 2019

In Digital, Is Google Your Enemy? (Thinks Out Loud Episode 249)

July 10, 2019 | By | No Comments

Is Google Your Enemy: Google search asks if you're feeling lucky.

In Digital, Is Google Your Enemy? (Thinks Out Loud Episode 249) – Headlines and Show Notes

Looking to drive results for your business? Click here to learn more.


Google's been acting pretty crappy lately. They're continuing to take a larger piece of the pie when it comes to paid search and increasingly promoting their content over, well, yours. So it seems fair to ask, when it comes to digital, is Google your enemy?

The latest episode of Thinks Out Loud takes a look — and helps you understand how to make Google work for you, not against you.

Want to learn more? Here are the show notes for you:

Relevant Links:

Subscribe to Thinks Out Loud

Contact information for the podcast: podcast@timpeter.com

Past Insights from Tim Peter Thinks

You might also want to check out these slides I had the pleasure of presenting recently about the key trends shaping marketing in the next year. Here are the slides for your reference:

Technical Details for Thinks Out Loud

Recorded using a Neumann TLM 102 Cardoid Condenser microphone and a Mackie Onyx Blackjack USB recording interface into Logic Pro X for the Mac.

Running time: 13m 42s

You can subscribe to Thinks Out Loud in iTunes [iTunes link], the Google Play Store, via our dedicated podcast RSS feed )(or sign up for our free newsletter). You can also download/listen to the podcast here on Thinks using the player at the top of this page.

Tim Peter

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June 25, 2019

What the 2019 Mary Meeker Internet Trends Report Means for Digital Marketers (Thinks Out Loud Episode 248)

June 25, 2019 | By | No Comments

Looking to drive results for your business? Click here to learn more.


Mary Meeker Internet Trends Report for Digital Marketers: Executive exploring data and trends

What the 2019 Mary Meeker Internet Trends Report Means for Digital Marketers (Thinks Out Loud Episode 248) – Headlines and Show Notes

So the 2019 edition of the Mary Meeker Internet Trends report is out. And, as ever, it’s filled with a number of fascinating insights for investors interested in the internet economy. But what about marketers and business leaders? How can you use this data to improve your performance in the year ahead?

Fortunately, the latest episode of Thinks Out Loud offers our take on how you can put these trends to work for your brand and business too.

Want to learn more? Here are the show notes for you:

Relevant Links:

Subscribe to Thinks Out Loud

Contact information for the podcast: podcast@timpeter.com

Past Insights from Tim Peter Thinks

You might also want to check out these slides I had the pleasure of presenting recently about the key trends shaping marketing in the next year. Here are the slides for your reference:

Technical Details for Thinks Out Loud

Recorded using a Heil PR40 Dynamic Microphone through a Cloud Microphones CL-1 Cloudlifter Mic Activator and a Mackie Onyx Blackjack USB recording interface into Logic Pro X for the Mac.

Running time: 21m 00s

You can subscribe to Thinks Out Loud in iTunes [iTunes link], the Google Play Store, via our dedicated podcast RSS feed )(or sign up for our free newsletter). You can also download/listen to the podcast here on Thinks using the player at the top of this page.

What the 2019 Mary Meeker Internet Trends Report Means for Digital Marketers

Key Takeaways and Overall Internet Growth

Internet user growth slowing; more need to monetize traffic that folks are getting. Additionally, more consumers are concerned about overuse. Those are a couple of the reasons gatekeepers, who’ve been top of mind for me lately, have been tightening the screws.

  • Internet user growth – that’s number of users, not total usage – grew last year, but at a 6% rate, compared with 7% last year.
    • Actual digital media use per US adult grew by 7% last year
      • Those numbers are purely coincidental; don’t let the two instances of 7% confuse you
    • And time spent on mobile will beat time watching TV this year for the first time ever
      • Though overall TV viewing still greater since mobile = second screen when folks are watching TV
    • Top platforms for use:
      • Facebook
      • YouTube (owned by Google)
      • WhatsApp (owned by FB)
      • WeChat
      • Instagram (owned by FB)
      • FB Messenger (owned by FB)
    • 26% of adults in US online “almost constantly”
      • More importantly, those numbers have both grown over time and are larger among younger adults
        • In other words, adults under 40
        • And the burgeoning Gen Z category
        • With 36% to 39% online “almost constantly” (broken down 18-29 and 30-49)
  • Smartphone unit shipments actually fell last year, by about 4%
  • And internet penetration reached >50% of total world population
  • One of the reasons China’s so important in this report is that China now represents 21% of all internet users
    • India at #2 w/ 12%
    • US at #3 w/ 8%
  • Internet companies’ revenue growth has slowed
    • 11% YOY growth vs. 13% YOY last year
    • Again, they need to keep growing to impress investors. This leads them to seek new forms of monetization

Interestingly, e-commerce growth, which continues at a healthy pace (12.4% YOY) is also slowing. But again, some of that may just be the long slog towards everyone using e-commerce.

  • Contrast with physical retail growth +2.0%
  • At some point, e-commerce will reach those (low) numbers; that’s probably some time off though.
  • E-commerce now around 15% of total retail sales in the US.
    • That’s not what’s influenced by digital; it’s simply a statement of raw numbers.

Advertising

Advertising has finally rationalized, with online spending roughly equivalent to time spent.

  • Interestingly, it looks like the amount of spend on radio is well below use. That might represent an opportunity for smart advertisers to find some bargains.
  • Internet ad revenue growth however, say it with me now, has also slowed.
    • While growth is a healthy 20%, that’s down from 29% a year ago.
    • Google’s ad revenue has grown ~150% in the last two years, Facebook’s has almost doubled
      • But Amazon, Twitter, Snap, and Pinterest have seen their ad platforms grow almost 250% during the same period
      • Sure, that’s off a much smaller base; still it’s not nothing.
    • And increased use of programmatic platforms continues to drive down cost of advertising
      • That’s good for advertisers as it holds down costs, but…
      • That’s less revenue for platforms.
      • And it requires them to monetize those platforms even more heavily to drive continued growth
  • Meeker points out an interesting reality: “Customer acquisition cost can’t exceed long-term value for very long.”
    • “Effective + efficient marketing = One’s own product + happy customers + recommendations.”
    • Why does that sound familiar to me? Oh, right, because that’s what I’ve been saying for the last, I dunno, ten years or so.
    • Meeker gives a few examples like Spotify, Zoom, Stitch Fix, Dropbox, Slack, SurveyMonkey, Amazon Prime, Twitch, etc. who use either “freemium” models or low-cost entry points to acquire customers, then use those customers as what I like to call, their “secret sales force”
      • Note this is both B2C ​and​ B2B.
      • The model holds in all cases

Data Growth and Privacy

  • Social media use decelerating
    • Only up 1% YOY vs. 6% a year ago
      • That’s significant
  • Also, fewer people say that the internet has been mostly good for them personally or for society than four years ago (down 2 and 6 points respectively )
    • That’s not a huge amount
    • But it’s also not nothing
  • Regulation coming
  • Consumer reviews play a role
    • Of course, they need to be valid reviews
  • Crowdsourced algorithmic bill of rights
    • Very interesting step
    • Curious to see which countries – if any – adopt it
  • Facebook’s many tentacles reared its head in an interesting way late in the report
    • When asked which tech company people would be willing to share health data with:
      • 60% said Google
      • 53% said Amazon
      • 51% said Microsoft
      • 49% said Apple
      • and only 40% said Facebook

Big Picture

  • Social + Mobile + Visual + Data
    • Storytelling
    • Get customers to tell that story
    • Give them a great experience
    • Great storytellers know that you’re supposed to “Show, don’t tell”
      • When you create a campaign, you’re telling
      • When your customers echo their experiences, you’re showing
Tim Peter

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May 28, 2019

Digital Gatekeepers and the Death of Organic Traffic (Thinks Out Loud Episode 247)

May 28, 2019 | By | No Comments

Looking to drive results for your business? Click here to learn more.


Digital Gatekeepers and the Death of Organic Traffic (Thinks Out Loud Episode 247) – Headlines and Show Notes

Digital gatekeepers and the death of organic traffic: Picture of locked gate

Does your company rely on organic traffic — whether from search, social, or something else — to drive your business? Well, I’m afraid I’ve got some bad news for you. Google, Facebook, Amazon, Apple, and the other major gatekeepers in your industry are working towards the death of organic traffic.

Fortunately, the latest episode of Thinks Out Loud offers some good news too: What you can do about it for your brand and business.

Want to learn more? Here are the show notes for you:

Subscribe to Thinks Out Loud

Contact information for the podcast: podcast@timpeter.com

Past Insights from Tim Peter Thinks

You might also want to check out these slides I had the pleasure of presenting recently about the key trends shaping marketing in the next year. Here are the slides for your reference:

Technical Details for Thinks Out Loud

Recorded using a Heil PR40 Dynamic Microphone through a Cloud Microphones CL-1 Cloudlifter Mic Activator and a Mackie Onyx Blackjack USB recording interface into Logic Pro X for the Mac.

Running time: 17m 40s

You can subscribe to Thinks Out Loud in iTunes [iTunes link], the Google Play Store, via our dedicated podcast RSS feed )(or sign up for our free newsletter). You can also download/listen to the podcast here on Thinks using the player at the top of this page.

Tim Peter

By

May 15, 2019

What Good is Social in An AI-Driven World? (Thinks Out Loud Episode 246)

May 15, 2019 | By | No Comments

What Good is Social in An AI-Driven World? (Thinks Out Loud Episode 246): Friends sharing media on mobileLooking to drive results for your business? Click here to learn more.


What Good is Social in An AI-Driven World? (Thinks Out Loud Episode 246) – Headlines and Show Notes

Subscribe to Thinks Out Loud

Contact information for the podcast: podcast@timpeter.com

Past Insights from Tim Peter Thinks

You might also want to check out these slides I had the pleasure of presenting recently about the key trends shaping marketing in the next year. Here are the slides for your reference:

Technical Details for Thinks Out Loud

Recorded using a Heil PR40 Dynamic Microphone through a Cloud Microphones CL-1 Cloudlifter Mic Activator and a Mackie Onyx Blackjack USB recording interface into Logic Pro X for the Mac.

Running time: 16m 40s

You can subscribe to Thinks Out Loud in iTunes [iTunes link], the Google Play Store, via our dedicated podcast RSS feed )(or sign up for our free newsletter). You can also download/listen to the podcast here on Thinks using the player at the top of this page.

Tim Peter

By

April 23, 2019

Hey Marketers: Is 2019 Everything You’ve Hoped For? (Thinks Out Loud Episode 244)

April 23, 2019 | By | No Comments

Hey Marketers: Is 2019 Everything You've Hoped For? Marketer seeing success in annual resultsLooking to drive results for your business? Click here to learn more.


So, here we are with almost a third of the year gone. And, for marketers, it’s time to ask, “Is 2019 everyhing you’ve hoped for?” If not, it’s even more important to ask what you plan to do about it.

The latest episode of Thinks Out Loud takes a look at how to evaluate your progress so far this year — and what to do if you’re not where you’d like to be.

Here are the show notes:

Hey Marketers: Is 2019 Everything You’ve Hoped For? (Thinks Out Loud Episode 244) – Headlines and Show Notes

Subscribe to Thinks Out Loud

Contact information for the podcast: podcast@timpeter.com

Past Insights from Tim Peter Thinks

You might also want to check out these slides I had the pleasure of presenting recently about the key trends shaping marketing in the next year. Here are the slides for your reference:

Technical Details for Thinks Out Loud

Recorded using a Heil PR40 Dynamic Microphone through a Cloud Microphones CL-1 Cloudlifter Mic Activator and a Mackie Onyx Blackjack USB recording interface into Logic Pro X for the Mac.

Running time: 12m 43s

You can subscribe to Thinks Out Loud in iTunes [iTunes link], the Google Play Store, via our dedicated podcast RSS feed )(or sign up for our free newsletter). You can also download/listen to the podcast here on Thinks using the player at the top of this page.