For most products it’s a useful experiment to analyse the user experience in two separate camps: hardware and software.
Often, one is much better than the other.
As I argued, we witness a seismic shift: While products of the past came with no or very little digital part, every new product nowadays comes with a significant digital part. Even selling a wooden block would benefit greatly from e.g. free Social Media distribution.
But bundles are ebb and flow. You can make money by bundling or by un-bundling. The example for the latter case is Netflix.
It took the entertainment job of TV and ran with it. Netflix executed well and created their own flywheel:
The company gained its initial streaming userbase by licensing Starz’ 11,000 title movie library; while Starz’ effective library size was one (whatever was showing on the Starz channel), Netflix’s was 11,000. That attracted users, which gave Netflix the funding (and prospect for future funding, realized through debt) to buy more shows, attracting more users, providing funding to eventually make their own shows, attracting more users still. …
This is the fourth installment in my series in which I publish product concepts.
Why not keep the idea for myself? I believe in the power of open communication. There’s a great chance somewhere, someone has a related thought — if so, or in case you have other feedback, let’s connect and learn from each other. Contrary to public perception, ideas on its own are worthless if not paired with the right execution (hard).
Most of those ideas had some incubation time to think things through. This particular thought is from 2017.
The Google Play Store (formerly known as Android Market) offers roughly the same deal as Apple’s App Store. In some cases Android is more “open”, see the ability to sideload. But the fundamental business model including the 30% cut remains.
The question is: Why does Android work the way it does in the first place?
The founding legend goes as follows: Back when mobile became a thing Google feared that a new platform like Windows Mobile could raise a wall between customers and Google, prohibiting it from becoming the search engine of choice. Boy, what a great insight! …
I wrote about the resurgence of personal blogs and newsletters. I analyzed the Stratechery business model and concluded very healthy profits. Surely I’m one of the first subscriber to paid newsletters in my areas of interest (economics, technology, entrepreneurship, product management, etc.)?
Before you call me cheap (I am), let me explain.
Content on the internet can be allocated on a spectrum. 1 is not worth reading (e.g. SEO spam), while 10 is an absolute outlier in terms of quality and insight.
I really thought I was done writing about the Apple App Store. But after the Hey controversy and the questionable performance in front of Congress things escalated even more with Epic Games. Even die-hard Apple fans slowly come to grips. Here we go again.
What I want to focus on in this article is the question of software installation.
And yet all three argue that Apple should stay in control over what apps are allowed to install for Trust and Security reasons. …
When it comes to financial planning most people have no plan.
There are the ones who don’t care, and everything seems to them as too complicated and boring. They stick with what they understand, which translates to no investments in the stock market.
The ceremony was a partisan political show, almost all questioners have clearly no understanding how Tech works and the following Antitrust rules (if there will be any) certainly won’t be very effective.
Despite the lack of intelligent follow-up questions, we heard Apple’s CEO Tim Cook speaking about his and Apple’s views. To a degree eye-opening. I would be surprised if his statements stay without legal ramifications — it’s too obvious at this point.
This chart identifies the world’s top 20 most innovative economies — at least if we believe the annual index created by Bloomberg.
The annual Bloomberg Innovation Index, in its eighth year, analyzes dozens of criteria using seven metrics […] Germany took first place in the 2020 Bloomberg Innovation Index, breaking South Korea’s six-year winning streak, while the U.S. fell one notch to №9.
Google was right about basically everything about the internet, a decade before everyone else … and now many of its products somehow feel way behind.
There’s probably not a single day on my Twitter feed where this sentiment isn’t strengthened — sometimes even in direct succession.