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Showing posts with the label digital

Just my thoughts #0517

To prevent the boat from overturning when a large wave approaches, the bow should face the front of the wave. If you confront a big wave from the side, there is a high probability that the boat will capsize. Navigating life’s crises is akin to a ship facing the waves. One should confront them rather than dodge or avoid. Of course, even the ship’s direction is ineffective when dealing with waves that are too large. - Joseph’s “just my thoughts”

Just my thoughts #0323

Netflix initially started as a DVD rental service and grew, but it soon encountered a crisis with video streaming technology. Nevertheless, it wasn’t feasible to abruptly abandon the existing business and transition to a digital distribution model, highlighting the significant conflict involved! Video streaming technology is not a complementary service to DVD rental; rather, it serves as an alternative. When expanding or improving a business, it’s crucial to clearly understand the defining attributes of the target product or service. Burgers and French fries complement each other, while burgers and chicken sandwiches are substitutes. - Joseph’s “just my thoughts”

Just my thoughts #0150

The product itself that needs to be sold and developed is the media, but many people plan products to sell on the media. If you cannot accept the world that the product has become the media, you will be ruined. Digital tools have turned the virtual world into reality, and social media is turning it into revenue. Manufacturing is no longer a smokestack industry. It is a world in which it is difficult to plan even the products sold in a mom-and-pop store without considering the media. - Joseph’s “just my thoughts”