🫦 “E.l.f. explains the Election” — Elf Beauty’s $3 win. Elon’s “TruthX” play. The Power of the word “We”.
Nov 8, 2024
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Discover how Elf Beauty's 40% sales surge links to election outcomes, showcasing the power of affordable beauty. Dive into Elon Musk's plans for transforming X into a super app, reshaping media and finance. Learn why the word 'we' holds the key to effective communication, enhancing cooperation in discussions. Plus, the humorous update on TGI Friday's bankruptcy highlights the urgency of unused gift cards. Don't miss the upcoming insights on the Jeep's impact on the world!
21:28
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Quick takeaways
Elf Beauty's impressive 40% growth highlights the significance of affordability and consumer appeal in a challenging economy.
Elon Musk's strategy to reshape X into a conservative media powerhouse illustrates the evolving intersection of business and politics.
Deep dives
Elf Beauty's Surging Success
Elf Beauty has experienced an impressive sales growth, witnessing a 40% increase for eight consecutive quarters. This surge can be attributed to the company's ability to appeal to a diverse age range, becoming the top-selling makeup brand for consumers under 45. Unlike premium brands that raised their prices, Elf has maintained its affordability, which resonated with budget-conscious shoppers during inflationary times. As a result, Elf Beauty not only dominated multiple categories in the cosmetic market but also provides an insight into consumer behavior that may inform the upcoming 2024 election.
Elon Musk's Strategic Moves with X
Elon Musk's acquisition of Twitter for $44 billion has been recontextualized following the recent re-election of Donald Trump, transforming Eli's initial investment into a potential advantage in the political media landscape. Although the platform's value had diminished significantly, Musk is now poised to leverage X as a powerful media tool, potentially becoming a central figure in the dissemination of conservative viewpoints. Plans may include transforming X into a multifaceted super app, offering features like cryptocurrency trading and podcasting tailored for right-leaning content creators. Consequently, Musk's strategic repositioning can position him as a significant player in the evolving landscape of media and politics.
The Power of 'We' in Communication
Using the word 'we' instead of 'you' in conversations can significantly enhance persuasion and communication effectiveness. Studies highlighted that language framed around 'we' creates a sense of inclusion, encouraging cooperation rather than conflict during discussions. This linguistic approach not only facilitates smoother interpersonal interactions but also has practical applications in professional settings, such as providing feedback or negotiating. By prioritizing collective language, individuals may find themselves more successful in both personal and business-related communications.
If you want to understand the election, just look at Elf Beauty’s results… we explain the parallel.
Elon is the big business winner of the election… we found how it could transform X.
There is 1 powerful word to win any business or political discussion this weekend… It’s “we.”
Plus, TGIFriday’s just declared bankruptcy… so it’s your last day for $50M in unused gift cards.
$ELF $TSLA $LVMUY
Looking for a long-form listen? Check out our new episode on… The Jeep 🚙: The car that saved the world. It’s our latest episode of The Best Idea Yet. Listen here: Wondery.fm/TheBestIdeaYetLinks