As is their normal practice at the annual Expo, CEDIA released key results from their annual Size and Scope of the Residential Electronic Systems Market survey which is conducted in conjunction with Parks Associates. However, what is not normal is that this year we heard these results from Dave Pedigo, CEDIA’s all-around tech guy – rather than from Erica Shonkwiler, CEDIA’s Market Research Manager who has apparently left the organization. But that switcheroo was not the only surprise, as some of the results were almost shocking.
Survey
More Than 7 Out of 10 Music Industry Execs Say Tidal Won’t Last a Year
If I were Jay Z’s publicist, I’d be nervous right now. The popular rapper’s reputation as a savvy businessman is in serious jeopardy. Billboard, one of the oldest and most prominent music industry publications, has recently launched a new annual survey of the top “A-list music business professionals.” In order to capture their honest opinions, the survey is conducted on an anonymous basis. While not exceptionally detailed or deep, the survey is meant to cover a “broad range of temperature-taking topics.”
The results of this inaugural effort offered some surprises – including the fact that more than 7 out of 10 of these top music industry executives predict that the Tidal music streaming service won’t survive its first year – a remarkable no-confidence vote in Jay Z, Tidal’s owner.
See more on the surprising results from this first every survey… [Read more…] about More Than 7 Out of 10 Music Industry Execs Say Tidal Won’t Last a Year
Pay TV Systems Slammed in Q2; Lose Almost Half Million Subscribers
New studies show pay TV providers saw a large and significant decline in the number of subscribers in the second quarter of this year, losing more than 470,000 subscribers – almost a half million – during the quarter. It was their worst quarterly performance ever and indicates a growing, troubling trend.
See more on this new research and see why cable content providers aren’t faring much better… [Read more…] about Pay TV Systems Slammed in Q2; Lose Almost Half Million Subscribers
5 Complaints Employees Have About Their Leaders
New research from Interact/Harris offers a cautionary tale on the risks to companies from a breakdown in communications between bosses and their employees, according to an analysis by the Harvard Business Review. Success is often contingent on efficient execution from well-directed teams. But when communication breaks down, all bets are off.
See more on the importance of keeping your team on the same page… [Read more…] about 5 Complaints Employees Have About Their Leaders
Is It You? The 25 Highest Rated CEOs in America
As Rated by Their Employees
Glassdoor, the online jobs and careers site, released last month their latest annual Highest-Rated CEOs rankings based on votes by employees. Not only is the ranking based on employee votes – this is the only criterion used for the ranking. Employees are allowed to vote anonymously through the Glassdoor website and the voting process is held open for an entire year.
Who tops the list? Is tech represented? See the results below… [Read more…] about Is It You? The 25 Highest Rated CEOs in America
How Customers Prefer to Receive Your Marketing Messages
An important element of marketing is communication…internally and externally. There are many choices of media through which to communicate with your B-to-B or B-to-C customers and different companies often choose different paths for this critical communication.
But do you know how your customers would prefer you communicate with them? New research tells you the customers’ preferred media…by age range.
See the data on how your customers want you to communicate with them… [Read more…] about How Customers Prefer to Receive Your Marketing Messages
Risky Business: Monster Sues Beats Alleging Fraudulent Practices
As the 2015 International Consumer Electronics Show (CES) kicked off yesterday in Las Vegas, attorneys for Monster, LLC and owner Noel Lee were busy filing a lawsuit in a California Superior court against Beats Electronics, LLC, Andre Young (Beats founder better known as Dr. Dre), Paul D. Wachter (a Beats director), Jimmy Iovine (Beats founder), and HTC (a Taiwanese company that allegedly at one time owned a majority interest in Beats). Multiple published reports carried the rather salacious claims by Monster and “Head Monster” Noel Lee about the allegedly nefarious business practices of Beats, its founders, certain directors, and some of its partners.
See more on this surprising litigation… [Read more…] about Risky Business: Monster Sues Beats Alleging Fraudulent Practices
Yikes! New Research Confirms It: Affluents are Moving to Digital Shopping
In news sure to send a chill through the backbone of every luxury retailer and manufacturer of every luxury product – electronics included – eMarketer is reporting that new research makes it clear that Affluents, loosely defined as those with household incomes over $100,000, are now shopping online in increasing numbers. Up until now, online shopping was predominantly the domain of the mass consumer, with Affluents preferring gorgeous showrooms laden luxury appointments and knowledgeable, well-dressed and poised staff who cheerfully kowtow to them. Not any more…
Learn more about this latest research on Affluents, likely the target end-user for many of us… [Read more…] about Yikes! New Research Confirms It: Affluents are Moving to Digital Shopping
Hey Sales VPs, Think You Know Everything About Your Sales Team’s Performance? Think Again!
New research from Salesforce.com in conjunction with The TAS Group has recently uncovered some surprising data about the sales process. Having conducted a survey from a wide variety of industries, the company has created a report and infographic called 10 Things Every Sales Manager Should Know About Sales Performance. Suffice it to say that they have discovered some surprising truths about sales in today’s economy.
Think you know everything about your sales team performance? Think again… [Read more…] about Hey Sales VPs, Think You Know Everything About Your Sales Team’s Performance? Think Again!
Strata-gee’s CEDIA Expo Survey Offers Surprises – Positive & Negative
The CEDIA Expo is next week and our annual CEDIA Survey is now closed for responses. Thank you all who participated – we truly appreciate those of you who took the time to respond. Results are in and we have to say, just when we think there are no surprises left…we get surprised again.
