Simeon Stanford

@SimeonStanford
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Innovative Thinker ๐Ÿ’ก | Championing Change ๐ŸŒŸ | Pioneering Solutions ๐Ÿง  | Breaking The Mould ๐ŸŒ€

With #Netflix calling it quits on their DVD rental services.

1. Do you feel there is room for any players to take up this market?

Or

2. Is a straight dud, that has to be resigned to the annals of history?

My curiousity still lies in knowing how much of a money spinner it was in recent years, but as to the questions above...

Do share your thoughts below ๐Ÿ‘‡๐Ÿพ

https://www.foxbusiness.com/lifestyle/netflix-officially-terminates-dvd-rental-service-final-mailings-end-of-an-era

Netflix officially terminates DVD rental service with final mailings: 'End of an era'

Netflix officially ended its DVD rental service with final shipments sent on Sept. 29, 2023, the streaming giant announced. The rental service started in 1998 and ran for 25 years.

Fox Business
Rather than only selling the solutions your products provide, you should market the transformations your products bring about.

Based on this discourse alone, I sense a tug-of-war ๐Ÿชข shaping 2024's influencer and brand ambassador landscape.

So, tell me, where do you stand on all this?

โ†’ A. Riding with Ambies (Brand Ambassadors)
โ†’ B. Rooting for Mackies (Macro Influencers)
โ†’ C. Taking the fence (Staying Neutral)

๐Ÿ“ข Sound off below with your pick and WHY!

Lastly, they informed me of:

Audience Dynamics

Stating:

โžก๏ธ Brand Ambassadors are loyal to them for months and years

Whereas:

โžก๏ธ Macro-Influencers cast their nets very wide across various platforms

Which has them asking โ“:

Who's really capturing the audience that converts ๐Ÿš€?

Thirdly, they threw in:

Market Investment:

Stating:

โžก๏ธ Brand Ambassadors attracted a whopping $4.4 billion in 2022...

Whereas:

โžก๏ธ Macro-Influencers edged them out with $5.3 billion.

Which has them calculating ๐Ÿงฎ:

Which side to hedge their bets on for maximum ROI ๐ŸŽฒ?

Secondly, they mulled over:

Persuasive Authority

Stating:

โžก๏ธ Brand Ambassadors tend to champion specific products, ignoring competitors.

Whereas:

โžก๏ธ Macro-Influencers, on the other hand, juggle various brands within their niche.

Which has them wondering๐Ÿคท๐Ÿผโ€โ™€๏ธ:

Which of these power players truly casts the longest shadow ๐ŸŒ‘?

First up, they rolled out:

Payout Decisions

Stating:

โžก๏ธ Brand Ambassadors often get steady salaries + bonuses.

Whereas:

โžก๏ธ Macro-Influencers usually earn through fees + commission.

Which has them querying ๐Ÿง:

Who truly deserves the larger payout ๐Ÿ’ฐ for their hustle?

For context, last week, I chatted ๐Ÿ’ฌ with a marketer at one of the leading companies ๐Ÿข I work with.

And they were kind enough to share a neverending battle โš”๏ธ they face concerning this matter.

Let's take a deep dive ๐Ÿฌ into their dilemmas before throwing it over to you ๐Ÿซต๐Ÿพ for your viewpoints and options ๐Ÿง .

Question...

Have you ever been puzzled over whether to go with #MacroInfluencers ๐ŸŒŸ or #BrandAmbassadors ๐Ÿซฑ๐Ÿฟโ€๐Ÿซฒ๐Ÿป in your marketing strategies ๐ŸŽฏ?

Let's discuss it!

When it comes to promoting your products and services, realise that โ†’ Quick wins ๐Ÿ† can very well lead to quick losses ๐Ÿ”ป.

By all means, swoop up what you can as it presents itself. But always have mapped out ๐Ÿ—บ๏ธโžก๏ธ๐Ÿ“‹ what will allow you to have sustained gains over time โณ๐Ÿ“Š.

As...

Without this, you'll fall ๐Ÿ“‰ way quicker than you rise ๐Ÿ“ˆ.

#sales #projectmanagement #strategicplanning