Mike's Industry View - Issue #107
Creativity
It's not just you, everything looks the same on Instagram — qz.com Everything looks the same.
Business/Marketing/Adv
Amazon's Health and Beauty Sales Soar — retail.emarketer.com With the June acquisition of PillPack and quieter forays into beauty, Amazon has demonstrated its intent to move into the online pharmacy business as well as the space dominated by Sephora and Ulta Beauty. Should traditional pharmacies and beauty retailers be concerned by Amazon’s exploration of new product categories?
Interestingness
6 Million Ikea Shoppers Expected to Hit Up India's First Store — www.bloomberg.com In a milestone that’s been more than a decade in the making, India’s first Ikea store will open Thursday, bringing inexpensive Nordic-inspired furnishings and food to the world’s fastest-growing middle class.
Spotify’s $30 billion playlist for global domination — www.fastcompany.com How CEO Daniel Ek plans to beat Apple, Amazon, and Google at the music game.
Platform News
Instagram gained more users in the past year than Snapchat has in total — uk.businessinsider.com Snapchat's user growth has fallen way behind that of the Facebook app empire, which includes Instagram, WhatsApp, and the Facebook app itself.
Snapchat lost 3 million daily users in the past three months — www.engadget.com
Though Snap has been hard at work adding new features like group video chats and "Harry Potter" Bitmojis, things haven't so rosy at the company as of late.