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"Right on Target"
Description
Main Takeaways:
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Salesforce CEO Benioff goes on a multi-million dollar shopping spree.
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Amazon is setting up a new headquarters; Will it be in DC?
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Why doesn't anyone want to work for Target?
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Apple is creating lifestyle products that you can't (or won't) live without.
Highlights from Shop.org 2018:
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The innovation lab outpaced last year's conference by far.
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Body related technology was a major focus. Amazon's acquisition of Body Labs earlier this year seems to have paved the way for a lot of new technology.
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There was a lot of interesting shelf-technology. Specifically, some cashierless stores using tech to update in-store displays on the fly.
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Tusk Ventures put together all the businesses for the conference. Brian congratulates them on a job well done.
2018 is a True "Content is King" Market:
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Benioff also recently purchased Time Magazine for $190MM
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StockX is utilizing content well: they have a Youtube channel and compelling written material on their site.
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Shoes are all the rage right now thanks to content creator extraordinaire/artist Kanye West (Adidas) broad release of Yeezys
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Media is creating hype through content properties like Highsnobiety and Hypebeast.
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Companies seem unafraid of wading into formerly taboo politically charged spaces. Two examples of this: Patagonia's "The President Stole Your Land" and Nike's Colin Kaepernick "Just Do It" ad.
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The risk these companies are taking seems to be paying off: Nike's stock has actually reached an all-time high, despite calls for a boycott.
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Also, Phillip channels Donald Trump from The Apprentice, and it's pretty terrifying.
Head to Toe Tech Enabled Clothing: The Future of Fashion and Health?
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Apple is totally invested in the entire body, and is creating products that can report total body data.
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Phillip says it's time to take a drink to the future.
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The new Apple Watch, Series 4 includes an FDA approved EKG feature that will allow for the first over the counter electrocardiogram that can be saved in the health app for a doctor to view later.
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The new Apple Watch's fall detection feature can potentially save lives, when turned on it can check in after it detects a fall, and even call emergency services.
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