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His Masters Voice has gone Digital…

Well, Firstly, Happy New Year! – Hope you had a fabulous break over the festive period and were able to do what you wanted to do! – I wanted to relax, spend time with family and eat lots. I did all three – so I’m happy!

Also – I’m hoping you were able to listen to my first podcast, which was titled as… My First Podcast. It’s available on all major platforms – you could open up your podcast app if you have an iOS device, search for Think Lean Get Digital – and my podcast will appear! You can do the same for Google, Spoitfy and many many more.

And on my second podcast coming next week – titled (for the moment) My Second Podcast, I’ll be talking a little more about skills and jobs. How they’re changing – but more so how you don’t have to go down the traditional route – which is usually, school – college – University – Job – work – retire.

And this leads to me how behaviors are changing. Shopping behaviors – but also, our general behaviors for example, how we listen to music.

That’s right – you may have seen or heard, HMV (His Masters Voice)…. is closing.

Why?… well, simple really. When was the last time you bought a CD? When was the last time you went on the high street to buy a DVD?

These habits are changing.

We stream our music. We have so many platforms to do it on. Even YouTube now have a music/stream app – where you can listen to music.

It effectively means – we don’t need to own music. We don’t need to have the space for it. We don’t need to own a physical copy.

Indeed – there’ll be some DJ’s, musicians, etc… experts in the field that will own, that will want the physical copy… and that is absolutely fine – as that is their ‘bread and butter’. But they’ll soon shift to the on-line streaming behaviors of the consumers. Similar to how photographers moved from 35mm film to Digital.

I’ll continue to share updates of the high street – and how digital, how technology and how thinking lean – is changing our environment. I’m sure we’ll have more and more well known names from the High Street disappear over 2019….

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Bal's Friday Thought

Bal’s Friday Thought…

Generosity & Strategy…

This comes from recent conversations I’ve had with those in the music industry… not that I’m part of a music industry but just sharing business insights that can be applied.