🤝 “The #1 trick to get hired” — Job Referrals’ Renaissance. The Gap’s Anne Hathaway comeback. The wildest Air Conditioner stock.
Jun 3, 2024
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Anne Hathaway and The Gap's stock surge discussed in the podcast. The importance of job referrals highlighted as the #1 trick to get hired. Air conditioner brand performance during heat waves also covered. Exciting lineup for upcoming TBOY Hotline episode on wedding finances.
Job referrals are now the top way to get hired due to the oversaturation of AI-written resumes.
The Gap's stock surge is linked to a new marketing strategy involving celebrities like Anne Hathaway and a shift from influencer marketing to celebrity endorsements.
Deep dives
The Gap's Stock Surge Thanks to Celebrity Marketing
The Gap's stock jumped 38% due to a shift in marketing strategy using Hollywood celebrities like Anne Hathaway, Devine Joy Randolph, and Lionel Boyce. By moving away from influencer marketing to celebrity endorsements, the Gap saw instant sales success with items selling out, marking a significant shift in brand perception.
The Shift to Job Referrals in the Hiring Process
The trend in job applications has shifted towards reliance on referrals over traditional online applications. Hiring managers face a surplus of automated resumes and cover letters, leading them to prioritize personal referrals from employees. Companies are increasing cash rewards for successful employee referrals, highlighting the value of networking in securing job opportunities.
Carrier's Success in Climate Change Markets
Carrier, known for its air conditioners, has found success in both cooling and heating divisions amidst climate change. While air conditioning contributes to environmental issues, Carrier's move into energy-efficient heat pumps offers a sustainable alternative. By diversifying their offerings, Carrier stands out as a rare company benefiting from both sides of the climate change spectrum.
Due to AI-written resumes, there’s a Networking Renaissance — The data shows that the #1 way to get hired is to have a referral within the company.
The Gap’s stock has surged 240% in the past year — And it’s all thanks to Anne Hathaway, the dessert chef from The Bear, and a former Mattel exec who oversaw Barbie.
And a heat wave hit Miami last week, and hits the American West this week — So we’re looking at the air conditioner brand that wins whether the weather it’s hot or cold.
Plus, we’re flying to LA this week to record our 3rd ever “TBOY Hotline” episode — The theme? Wedding finances… so send us your wedding money questions at nickandjack@tboypod.com
About Us: The daily pop-biz news show making today’s top stories your business. 15 minutes on the 3 biz stories you need, with fresh takes you can pretend you came up with — Pairs perfectly with your morning oatmeal ritual. Hosted by Jack Crivici-Kramer & Nick Martell.