In new data from eMarketer, we learn that digital audio continues to grow even in the wake of a global pandemic. And by grow, they mean that the time users spend listening to this type of content continues to increase. Early in the pandemic, this didn’t necessarily look like it would be the case, as homebound consumers turned to traditional TV or social media (or both) leading many researchers to suggest digital audio would lose some ground.
Auto Makers Now in the Driver’s Seat
Late last week, multiple news services reported that US President Joe Biden has signed an executive order directing a “broad review” of the supply chains for critical materials – critical materials that include, by the way, semiconductors. The fact is, this might not end well for Tech…
See why supply chain concerns are heightening…[Read more…] about Pres. Biden Orders Supply Chain Review; This Might Not End Well for Tech
Amazon Looks to Compete with Control4 & Others
Amazon.com Inc.’s secretive tech innovation development center, called Lab126, is said to be working on a more robust, step-up smart home control solution designed to be mounted into the wall, in a bid to take share in the custom integration channel. The move, first reported by Bloomberg News, is designed to take on major players such as SnapAV’s Control4 and other “professionally installed smart home control” providers.
But will it cannibalize their own Echo Show line?[Read more…] about Amazon Readies Entry into Step-Up Smart Home Control Market
Moody’s Investors Service is one of the world’s largest credit rating services that offers ratings used by many investors who target debt investing, such as buying corporate bonds or equity investors. Moody’s rating can literally impact – positively or negatively – the interest or coupon rate companies offer their debt at – and therefore can be critical. Recently, Moody’s published a credit rating decision on Wirepath LLC – the company behind SnapAV.
How did Moody’s rate SnapAV? Read on…
See Moody’s opinion on how SnapAV is doing…[Read more…] about How is SnapAV Doing? Moody’s Gives Us a Glimpse
No…that headline is not a question. It is a suggestion. So let me explain what I’m talking about. There are many ways I try to determine which stories that Strata-gee readers like. One tool, widely used in social media, as well as on other digital properties, is the ‘like’ button. So let me tell you about Strata-gee’s trial ‘Like’ button.
Why am I talking about likes? Read more on Strata-gee’s trial ‘Like’ button…[Read more…] about Why Don’t You ‘Like’ Me
A new survey from Ipsos/Axios had lots of interesting details about how Americans are feeling at this unique juncture in time, as states begin to reopen their economy, with a commensurate rise in cases of coronavirus. As many readers may know, this is an area…consumer sentiment…that I try to keep tabs on, as 70% of the U.S. economy is based on consumer sentiment.
And one piece of this research jumped off the page and grabbed me by my throat – 8 out of every 10 Americans worry about a second wave of the coronavirus (COVID-19).
See how consumers feel about COVID-19 now[Read more…] about Facing COVID-19 Fears: Eight Out of Ten Americans Fear a Second Wave
Wow, surprising numbers from a new research report from Parks Associates shows that control system adoption jumped a full 38% in 2019 as compared to 2018. That’s a really big jump in a really short period of time.
See more from this latest Parks Associates research…[Read more…] about New Research Shows Home Control System Adoption Jumps 38% in Just One Year
Now completed, Strata-gee’s COVID-19 Impact on Tech II Survey is a follow-up study to Strata-gee’s original survey, COVID-19 Impact on Tech. If you haven’t read those original results yet, I would suggest you start there by clicking on this link as it will add context to the follow-up survey discussed here. And this time we learn that things have definitely changed in just five short weeks. In a nutshell, survey respondents report that the impact of COVID-19 this time around is much greater than in March.
See more of what the Strata-gee COVID-19 Impact on Tech Survey is telling us…[Read more…] about Strata-gee’s COVID-19 Impact on Tech II Survey: What a Difference a Month Makes!
COVID-19 Recession: Will Rebound be a V…U…or W?
The Coronavirus pandemic has hit America big time. With a head-spinning swiftness, the epidemic swept across the country with ruthless efficiency – first impacting densely populated urban areas (NYC, LA, Chicago), then spreading its tentacles throughout more sparsely populated regions of the country. It has extracted a devastating human toll, striking fear in the hearts of consumers, and brought a once bustling economy to a screeching halt…plunging it into recession.
We have never seen anything quite like this and for business owners and managers…we are truly in uncharted territory. With almost 85% of all Americans now subject to some form of Shelter-In-Place or Stay-At-Home order, everything except essential services, such as grocery stores and pharmacies, has been closed down – and most companies have seen their sales disappear. Will a fearful consumer complicate our recovery from this recession?
See more on what kind of rebound to expect…[Read more…] about Fear Factor: Consumers’ Fear Suggests a Slow Recovery from Recession
Nearly 90% of Consumers Expect a Recession Because of COVID-19
New research conducted this month shows another major impact of COVID-19 Coronavirus – the crash of consumer sentiment. A statistically significant survey of a representative sample of all Americans has reached concerning conclusions about consumer sentiment now and likely to prevail for months after the COVID-19 crisis passes.