Dive into the bubbling rivalry between prebiotic soda brands Poppy and Olipop, where influencer marketing stirs up drama over vending machine placements. Discover Texas's surprising addition of a new stock exchange and laugh at Ikea's quirky mattress matchmaking for singles. Explore Netflix's ambitious expansion into podcasting as it shifts gears from streaming to a multi-platform powerhouse. Plus, enjoy anecdotes about aging and personal celebrations, alongside a sneak peek into the latest NFL insights.
23:07
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
The fierce rivalry between Poppy and Olipop highlights the importance of audience reactions in social media marketing strategies.
Netflix's entry into podcasting reflects evolving media consumption habits and aims to establish a daily user engagement similar to YouTube's success.
Deep dives
Soda Wars: The Drama Between Poppy and Olipop
A fierce rivalry is unfolding in the functional beverage market between two prebiotic soda companies, Poppy and Olipop. Poppy recently attempted an influencer marketing campaign, distributing custom vending machines to influencers like Alex Earl, which attracted significant attention but also led to backlash about the ostentation of such gifts. Interestingly, Olipop took advantage of Poppy's misstep by mocking the campaign in comments, revealing both companies’ strategies to harness social media engagement. This rivalry underscores the critical rule in social media marketing that often, the audience's reactions in the comments hold more value than the original content itself.
Texas Takes Center Stage in Stock Trading
The New York Stock Exchange is expanding its presence by opening a new exchange in Texas, a shift reflecting the growing business allure of the Southeast U.S. This move comes as companies and populations shift away from traditional financial hubs like New York and California, driven by a more business-friendly environment and lower living costs in states like Texas. The new Texas Stock Exchange will be entirely electronic, emphasizing the modern trading landscape, and long-term trends suggest an ongoing reshaping of corporate America. As a result, this expansion signifies a broader trend where business magnetism is shifting toward regions that can provide favorable economic terms.
Netflix's Leap into Podcasting
Netflix is reportedly venturing into the podcasting space, responding to shifting media consumption habits and the cost-effectiveness of audio content. This move aims to tap into the growing demand for video podcasts, presenting an opportunity to engage audiences while producing content at a lower cost compared to traditional video productions. By entering the podcast market, Netflix hopes to create a daily habit for users similar to other successful platforms, such as YouTube, which has become a dominant force in media consumption. This development signals an intense competition between Netflix and YouTube, as both platforms expand their content offerings to capture more viewer attention.
Poppi & Olipop’s rival sodas are the biggest drama in biz… because of $25K vending machines.
Texas gets its 2nd new stock exchange in a year… The New York Stock Exchange is goin’ South-By-Southwest.
Netflix is looking into launching podcasts… because there’s nothing hotter than a habit.
Plus, Ikea just got into dating… it’s “Mattress Matchmaking.”
$NFLX $SPOT $NYSE
Want more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of Ben & Jerry’s Phish Food ice cream 🍦. Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.
“The Best Idea Yet”: The untold origin stories of the products you’re obsessed with — From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Super Mario Brothers to Sriracha. New 45-minute episodes drop weekly.