Category: strategy
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Crystal Ball on Your Wrist? Why Wearables Are a Bigger Deal Than You Think
“Hey, it’s been a while.Want to grab a coffee?” I text my friend to catch up. Grabbing a coffee and sitting down at a cafe has become the default activity to have a conversation with people, even if one doesn’t enjoy coffee. This time, however my friend responds, “How about a walk? I gotta hit…
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Did Technology Kill the DJ? How Tech Forces us to Adapt.
In the early 2000s, while trying to make mixtapes for friends, I discovered the challenge and joy of DJing. Djing quickly became one of my biggest obsessions at the time and kicked off a decade long endeavor into hand picking and mixing songs into a musical journey of a mix. DJing was hard. Not only…
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Here’s How Walmart Plans To Beat Amazon
Note: All posts reflect my views and opinions only Part of the fun of I had with Mason Park, the e-commerce startup we had, was the challenge of understanding the players and the market to predict where e-commerce is headed. In the past few years, there has been no shortage of news on the struggles of…
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Building A Marketplace – Adding Value to Sellers and Buyers
With Mason Park, we’re a marketplace of independent retailers that serves a consumer audience. To build our marketplace we needed to provide value to both sides – the businesses on our marketplace, as well as the consumers who would shop on our marketplace. To determine what value we could bring to sellers and buyers, we…
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Why Snapchat’s $129 Toy Are A Glimpse Of The Future
As smartphones gain in capabilities and more and more of the planet becomes tethered to our pocket sized computers, there continues to be a lot of buzz about what’s next. Wearable tech has been discussed for years already – fitness trackers from Jawbone and Fitbit, smartwatches from Apple, Samsung, and just about everybody else (e.g.…
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What’s the Future for E-commerce?
Given all the movement from Amazon lately and through my own experience in ecommerce via Mason Park, I thought it’d be fun to try playing fortune teller a bit – Where can ecommerce be headed in 2-5 yrs? When we conceived the idea for Mason Park, we approached it with the mindset that mobile ecommerce was the…
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How to Stay Relevant in the Age of Amazon
There’s no question that Amazon has, and continues to revolutionize the retail industry and beyond. While many businesses and the media focuses on fighting Amazon, or the damage that Amazon has done to traditional retail, what we’ve learned from our research and experience is that fearing and fighting Amazon is probably the wrong approach for…
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Brick & Mortar Isn’t Dead – Why People Still Go In-Store
The “Retail Apacolypse” continues to strike fear among retailers as more and more traditional retailers struggle or shut down. It’s possible to conclude that the future of brick and mortar is dead. I disagree. With Mason Park, an e-commerce marketplace I co-founded, we feature independent brick and mortar boutiques to help with e-commerce and discovery.…
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How Everybody Failed to Beat the iPhone
With 2017 being the 10th anniversary of the iPhone, there have been numerous articles reminiscing on the historic device. The buzz got me thinking about the other side of smartphone world – what happened to all the other smartphones not named iPhone or Galaxy? I spent much of my career in the smartphone world so…
Tim Kung 