In this podcast, the hosts discuss Twitter's controversial rebranding as 'X' under Elon Musk, and whether this will impact its user base. They also explore the launch of Meta's texting app Threads as a potential rival to Twitter. The podcast addresses concerns about a potential recession and its impact on marketing budgets. The hosts also discuss Google's new Search Experience called SGE and preview their upcoming interview with consultant Alan Weiss.
The rebranding of Twitter to 'X' under Elon Musk's ownership has raised concerns about the impact on user base and engagement, with differing views on whether a loyal community will remain regardless of the name.
The launch of Meta's new texting app Threads as a potential rival to Twitter has sparked debates regarding its ability to attract an engaged user base, questioning whether it offers enough unique value to draw people away from Twitter.
Deep dives
Michael Jackson's death led to the launch of Google+
In 2009, rumors about Michael Jackson's death caused a surge in Google searches. Google, unable to provide immediate results, launched Google+ as a way to obtain real-time information from social media. This was aimed at preventing similar issues in the future.
Interview with Alan Weiss, the go-to consultant
Alan Weiss, renowned as the guru of consulting, shares valuable insights in this episode. He discusses topics such as value-based pricing, the importance of confidence in consulting, and common mistakes made by consultants. Alan Weiss' expertise and experience provide valuable advice for anyone in the consulting industry.
Assessing the state of the economy
Economic indicators provide mixed signals about the possibility of a recession. While some consider the economy to be heading towards a recession, others believe it is a soft landing or just a feeling of recession. Budget cuts, hesitancy to spend, and uncertainty about the future have affected businesses and advertising. However, some areas, such as AI projects, show growth potential despite economic concerns.
The impact of Twitter threads and Elon Musk's company name change
The podcast touches on the recent changes in the social media landscape. Twitter's rebranding to 'X' raised questions about future engagement and brand value. The launch of 'Threads' as an alternative platform garnered attention, with varying opinions about its potential success. Elon Musk's involvement and engagement on Twitter came under scrutiny, while the future of Twitter remains uncertain amidst declining daily active users.
In this week's Contrarian Marketing Podcast episode, we discussed several timely topics in the world of marketing and technology.
We talked about Twitter's controversial rebranding to "X" under new owner Elon Musk. We debated whether this rebrand would significantly hurt Twitter's user base and engagement. While the platform has already lost some users, we disagreed on whether a core community will remain loyal to Twitter regardless of the name.
Next, we explored the launch of Meta's new texting app Threads as a potential rival to Twitter. We had differing views on whether Threads can gain traction and find an engaged user base. While some marketers may join, we questioned whether Threads offers enough unique value to attract the masses away from Twitter.
We also addressed concerns about a potential recession and its impact on marketing budgets. We discussed the difference between "growth" budgets being cut and "fear of missing out" budgets still allocated to things like AI. While business is slowing, we considered whether companies have already squeezed budgets as far as they can go.
In addition, we discussed Google's new Search Experience called SGE. We felt it still needs improvement but may be better received by non-SEO users. We debated whether Google is overstating SGE's capabilities for now.
Finally, we previewed our upcoming interview with renowned consultant Alan Weiss 🎆. We highlighted insights he shared on consulting best practices and "value-based" pricing models. It promises to be a great episode for anyone interested in consulting.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.contrarianmarketingpodcast.com
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