Business
Where’s Other Bob? – How Bob Chapek Is Ruining Disney
Published
3 years agoon
In February of 2020, Bob Iger stunned the business world by announcing that he was stepping down as the CEO of The Walt Disney Company after 15 successful years.
“I don’t want to run the company anymore.”
Fair enough, Bob.
During his tenure as CEO, Iger turned an already successful company and brand to even greater, more international heights. He broadened Disney’s library of content with the acquisitions of Pixar, Marvel, and Lucasfilm. He made critical headway in East Asian markets. Under his guidance, the beloved company’s market capitalization grew from $48 billion to $257 billion.
It wasn’t just his savvy business mind that expanded Disney’s capital and influence. Bob Iger is widely regarded to have great interpersonal relationships. People across the board adore Iger. People did business with him because they liked him and his ideas.
It wasn’t just surprising and heartbreaking that Iger was stepping down after leading Disney to such success. It was who he chose to take over that was surprising: Chairman of Disney Parks, Experiences and Products Bob Chapek.
It’s only been two years, but in that short time, it really seems that Bob Chapek is ruining Disney.
Chapek The Rising Star
Chapek began his career at Disney in 1993 as the marketing director for Buena Vista Home Entertainment at a time when VHS was still dominant but DVD was waiting in the wings. He is widely credited for bringing Disney’s home entertainment division into the digital age by leaning into the emergence of DVD and eventually Blu-ray.
Then-CEO Michael Eisner had high hopes for Chapek’s career:
“He was always an executive that you knew would be on the rise. He knew how to grow the business while adjusting to the changing marketplace, which was intense.”
And rise he did. In 2006, Chapek was promoted to president of Buena Vista Home Entertainment. Three years later, he was president of distribution for Walt Disney Studios. Two years after that, Chapek was appointed president of Disney Consumer Products.
Chapek was building success for Disney under Iger’s leadership. It wouldn’t be until 2015 that Chapek’s star rose even higher.
Disney’s Marvel-ous Galaxy Far, Far Away
After Michael Eisner was pushed out as CEO in 2005, Iger was warmly welcomed into the role. He started his tenure off very strong in 2006 when he led Disney’s acquisition of Pixar for $7.4 billion. This set an optimistic tone for Disney’s future after the post-Renaissance lull.
Roy E. Disney, in particular, was excited about Iger’s new role:
“Animation has always been the heart and soul of the Walt Disney Company, and it is wonderful to see Bob Iger and the company embrace that heritage by bringing the outstanding animation talent of the Pixar team back into the fold.
“This clearly solidifies The Walt Disney Company’s position as the domination leader in motion picture animation and we applaud and support Bob Iger’s vision.”
Iger’s vision was simple: bigger and better. In 2009, he led Disney’s acquisition of Marvel for $4 billion. In 2012, after a casual chat with George Lucas about retiring, Disney acquired Lucasfilm (and with it, the rights to the Star Wars and Indiana Jones franchises) for $4 billion.
Chapek ended up being a crucial talent for Iger’s vision. In 2015, he was named chairman of Walt Disney Parks and Resorts. In that role, he oversaw the launch of Pandora – The World of Avatar, directly managed the construction and opening of Star Wars: Galaxy’s Edge, and invested a staggering $24 billion into theme parks, attractions, hotels, and cruise ships.
That investment paid off in 2017 when Disney’s parks and resorts saw a 14% increase in operating income. This is when the media began to whisper and murmur about Chapek being a possible candidate for Disney CEO.
In 2018, as the company was preparing for the launch of Disney+, some divisions were reorganized and Chapek was given back the consumer products division in addition to his parks and resorts responsibilities.
Iger had faith in Chapek:
“Bob comes to this new role with an impressive record of success at both parks and resorts and consumer products and he is the perfect leader to run these combined teams.”
This open praise by Iger only fueled media speculation about Chapek’s candidacy for CEO.
Speaking of which…
Surprise! Chapek’s The New CEO
In 2020, Bob Chapek was announced as the next CEO of The Walt Disney Company, much to the surprise of many Disney employees who expected Tom Staggs to take over. The only caveat was that Iger, due to COVID, would handle many of Disney’s operational duties. This would ease Chapek into the role during a tumultuous time.
Iger stayed on in some capacity until the end of 2021. As he left, he warned executives not to let data influence Disney’s creative decisions.
Chapek knew the future of media consumption and made it a point to direct Disney in the right direction – producing direct-to-consumer content via Disney+:
“It’s about having a granular understanding of what the consumption patterns are, and then speaking to the consumers in a way that’s going to be relevant to the content that they want specifically for themselves.
“And, by doing so, we’ll drive engagement and consumption.”
Chapek settled into his new role with confidence. It wouldn’t be until legal problems presented themselves that Chapek’s lack of interpersonal talent and misguided priorities became a real problem for Disney.
The new CEO would unwittingly drive wedges between creative talent and executives in such a messy fashion that it would bring his status into question.
Chapek’s Embarrassing Legal Fumbles
Chapek’s talent as a “numbers guy” was no help for him as Disney navigated survival under COVID. While no one blames him for having to shut down parks and slowly reopen under CDC guidance, there were legal issues Chapek handled poorly, to put it mildly.
Black Widow Lawsuit
After a one-year absence, Scarlet Johansson reprised her role as Black Widow in her own solo film, on which she served as Executive Producer. The film proved to be a major success and vehicle for the superstar. However, due to COVID, many planned theatrical releases were canceled and moved to streaming platforms.
In July 2021, she filed a lawsuit against Disney. In the suit, she claimed that the simultaneous release of Black Widow on Disney+ breached a clause in her contract. Johansson was entitled to box-office profits, which the release on Disney+ denied her.
Disney responded… aggressively. The company went on a character attack, claiming that Johannson was indifferent to the “horrific and prolonged” effects of the pandemic. The back-and-forth between the two parties was very messy until they reached a settlement in September that year.
“Don’t Say Gay”
In 2022, Florida passed Florida House Bill 1557 (also known as the “Don’t Say Gay” bill). During the backlash, reports surfaced about Disney funding the very legislaters who wrote and sponsored the bill.
Normally, a company funding politicians wouldn’t come under much scrutiny. But the extremity of the bill was in direct contradiction with Disney’s proudly public pro-LGBTQ+ stance.
In a company memo, Chapek refused to criticize the controversial bill and intentionally played down the company’s backing of anti-LGBT legislators. His statements and lack of action drew quick backlash. And then came the backpedaling:
“I want to be crystal clear: I and the entire leadership team unequivocally stand in support of our LGBTQ+ employees, their families, and their communities. And, we are committed to creating a more inclusive company — and world.
“We all share the same goal of a more tolerant, respectful world. Where we may differ is in the tactics to get there. And because this struggle is much bigger than any one bill in any one state, I believe the best way for our company to bring about lasting change is through the inspiring content we produce, the welcoming culture we create, and the diverse community organizations we support.”
Disney announced that is was withdrawing all political donations and instead turning their financial support to LGBTQ+ causes. Florida Governor Ron Desantis retaliated in a way he almost certainly did not think through.
But that’s an entirely different story.
Will Chapek Squander Iger’s Success?
It’s a little early to say for sure. After all, it’s only been two years. Chapek is having a rocky start to his tenure, to say the least. But there’s always room for improvement.
The test of a good CEO is how they handle bad situations. Chapek had little control over COVID but had plenty of control how Disney handled the Black Widow lawsuit and the “Don’t Say Gay” bill. The tensions he created between executives and creatives is incredibly damaging to a company that champions creativity above all else.
Chapek, as of today, still hasn’t quite found his footing. His latest embarrassing blunder involved comparing himself to Iron Man and confusing Disneyland’s motto for Disney World’s at his alma matter, Indiana University:
“IU was my ticket to a new life…I was kind of desperate. Desperate to demonstrate my worthiness and desperate not to waste a dime of my parents’ money on a school that was frankly testing my limits at the time.
“But that desperation turned to determination and my dream of defying expectations and the odds took over. And just like Iron Man draws his energy from that Arc Reactor, I get a thump from my drive to prove myself every single day.
“It’s a lifetime power supply that pushes me through doubts, difficulties and around those who underestimate kids from the region.”
In the speech, Chapek confused Disneyland’s motto “The Happiest Place on Earth,” for Disney World’s “The Most Magical Place on Earth.” OOPS. The motto mixup gaffe wouldn’t be that big of a deal, if Chapek hadn’t run Disney’s parks for five years.
Bob Chapek has become a bit of a joke of a CEO. Whether or not he can turn his reputation around is entirely up to him. As of now, morale at Disney post-Iger is low and does not like the direction Chapek has been driving the iconic company. The creative geniuses that drive Disney’s success must be wondering, “Where’s other Bob?”
Iger, despite rumors of tensions between the two Bobs, has expressed support for Chapek:
“He’s very different from me. That doesn’t mean he can’t do that job well. Give him time. It’s the only fair thing to do.”
Fair enough, Bob.
Chris Blondell is a Philadelphia-based writer and social media strategist with a current focus on tech industry news. He has written about startups and entrepreneurs based in Denver, Seattle, Chicago, New Haven, and more. He has also written content for a true-crime blog, Sword and Scale, and developed social media content for a local spice shop. An occasional comedian, Chris Blondell also spends his time writing humorous content and performing stand-up for local audiences.
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Business
Omnichannel Marketing Platforms: Definition, Examples & Tools
Published
4 months agoon
August 22, 2024By
Kai KelisOmnichannel has become a recent buzzword online. That’s because the business landscape has shifted most of their marketing efforts into virtual communication. Advertisers are always looking for new ways to boost online connections with audiences while increasing sales. This is how “omnichannel” sprouted quickly and into every marketer’s arsenal. But what is omnichannel, and what are some omnichannel marketing platforms that do the job? Read on to find out.
What is Omnichannel Marketing?
The concept of omnichannel is simple. It aims to provide marketers a quick way to communicate with their customers and get as much engagement and conversion as possible from one go. Their objective is for customers to enjoy a seamless shopping experience on multiple brand channels, including online, mobile, or in-store. This means, marketers would have to show customers the same pricing and promotions across all brand channels.
However, it also goes beyond that. You have to ensure that customers can navigate through different channels with ease. This means customers can switch between your brand channels without any roadblocks. For instance, a customer can order from your online store and have the option to pick it up from your physical location. One way to increase sales is by offering customers additional items to boost order value.
Why is Omnichannel Marketing Important?
Omnichannel marketing is crucial these days since most people have shifted to online browsing and shopping. Moreover, if advertisers market on three or more channels, this could result in a 90 percent higher retention rate compared to using a single-channel campaign.
Additionally, omnichannel marketing also strengthens your brand messaging since campaigns are consistent across all platforms. But what are the primary reasons why advertisers focus on omnichannel marketing?
- Brands will get high customer retention
- Gains customer loyalty
- More personalization in the customer’s journey
- More integrated business
- Better customer insight
- Smooth and enjoyable customer experience
How Does Omnichannel Advertising Work?
An example of omnichannel marketing is when a sports retail store sends its prospects an email containing a recent promotion on its newly launched running shoes. The email content shows the link to the promotion. Once customers click this link, they are taken to the brand’s eCommerce website. Instructions also let them know they can get it from the brick-and-mortar store.
Another example is when a furniture store shows a behind-the-scenes video on YouTube about how its experts craft their pieces. Once viewers watch the video, they are welcomed with a link inviting them to join the brand’s email newsletter.
10 Omnichannel Marketing Platforms
Here are 10 best omnichannel marketing tools.
1. BigCommerce
This online and offline sales tool is for large-scale businesses looking to streamline their advertising strategies. BigCommerce unifies all marketing campaigns in an easy and convenient platform, including in-store, online, social media, and marketplaces. It can also handle large volumes of sales, traffic, and transactions, providing customers with a smooth experience.
2. NewStore
NewStore is the tool for all your POS and inventory management systems. It can manage orders, inventory, and customer data across the brand’s channels. It also comes with robust marketing tools that offer personalized engagement, such as push notifications, mobile apps, and location-based marketing.
3. Glassix
If you’re looking for the best omnichannel marketing platforms for communication, Glassix sits at the top of the list. It’s an AI-powered advertising tool that helps with email, SMS, live chat, messaging apps, and social media. Using Glassix means tracking all customer interactions and messages in one user-friendly interface is easy. It also lets you send targeted messages to your audiences based on their preferences and behaviors.
4. Desku
In addition to integrating all customer communications in one interface, Desku also helps with automation functions, such as chatbots, canned responses, ticketing systems, and more. Plus, it offers reporting tools and analytics to monitor progress.
5. Omnisend
Omnisend is the platform for all your SMS and email marketing campaigns. It’s best suited for eCommerce businesses and allows advertisers to create, monitor, and automate campaigns across all channels. It offers drag-and-drop features and is extremely easy to use.
6. Tidio
When searching for the best omnichannel communication platform, Tidio ranks high. It’s designed to facilitate customer interactions, manage inquiries, and offer real-time support.
7. Adobe Experience Cloud
You can’t succeed in omnichannel marketing without using a cloud-based service. And Adobe Experience Cloud ensures you get the right cloud-based solution for optimizing customer experiences. You can use this tool to build and manage customer journeys through AI-powered insights. You can also integrate this platform with other Adobe tools like Adobe Experience Manager, Adobe Target, Adobe Campaign, Adobe Analytics, and more.
8. Revealbot
If you’re spending time on paid ads, Revealbot will help you manage them in one user-friendly interface. It’s a marketing tool that helps optimize digital advertising campaigns on Instagram, Facebook, TikTok, and Google Ads. You can use this tool to set automation features, campaign budgets, and custom ad rules.
9. Shopify Plus
Shopify Plus if one of the best omnichannel marketing platforms for eCommerce businesses. It helps create a streamlined customer shopping experience. From workflows and checkouts to customer segmentation and targeted marketing campaigns, this is a reliable tool to use.
10. Oracle CX Commerce
Oracle CX Commerce is the best solution for B2B and B2C businesses. It’s a cloud-based eCommerce platform that helps provide personalized experiences. It also offers advanced features that simplify segmentation, customized content, targeted promotions, and customer engagement.
If you frequent the outdoors, you know how important protecting your playground is. When you’re close to nature, you must always prioritize eco-consciousness. While you practice sustainable habits, supporting brands prioritizing sustainability becomes a top priority. If you’re always planning an outdoor adventure and need the gear, here are the top 10 sustainable outdoor gear brands you must check out.
1. Patagonia
Over the years, Patagonia has lined up its corporate social responsibilities, mainly focusing on labor and the environment. They have robust social responsibility programs that ensure workers and communities are cared for. Patagonia claims that 85 percent of its products are made in factories with Fair Trade Certified certifications. The brand also helped over 85,000 workers by participating in Fair Trade programs. The brand also helped more than 2,000 farmers from its Regenerative Organic Certified cotton program.
2. Osprey
Osprey, a brand that creates robust backpacks for travel and outdoors, is also committed to sustainability. The company is a trusted bluesign SYSTEM partner, which helps eliminate PFAS-based DWR in 100 percent of its textile products. On top of its promise of eco-friendly materials, the standard for its backpacks is unparalleled, offering durability, functionality, and repairability. These products undergo field testing and athlete evaluations to ensure it’s a pack that runs a lifetime.
3. Hydro Flask
Plastic bottles comprise one of the highest numbers of ocean pollutants. Hydro Flask is committed to minimizing this by introducing excellent insulated water bottles that last a lifetime! I bought one five years ago, and the insulation functionality still works like the very first day I got it. The brand boasts its recycled-content bottle, the Slingback Bottle Pack, with a 100 percent recycled polyester body. It also eliminated single-use plastic for its packaging, specifically for 90 percent of its products. Hydro Flask uses soy-based inks and no foils and varnishes for their products too!
4. Black Diamond
Black Diamond is among the top brands for the best outdoor gear, specifically reliable and durable helmets. The company’s ethos is based on the team’s outdoor pursuits. First, the company’s 12,000-square-foot headquarters is energy-efficient, with a 2,200-watt solar photovoltaic system that generates about 3,000 kWh of electricity per year. Black Diamond also advocates for sustainable outdoor and recreation practices and is a founding member of the Outdoor Industry Association’s Climate Action Corps.
5. Sierra Designs
Sierra Designs is also one of the best sustainable outdoor gear brands you can rely on. They aim to create products that have as minimal impact as possible on Mother Nature. The brand boasts the DriDown product, which ensures that feathers come from animals that weren’t subjected to any harm. The brand also uses neglected recycled materials for its fabric’s exteriors and insulation for apparel and sleeping bags. A lifetime warranty also backs all Sierra Designs products.
6. Hyperlite
Hyperlite is your go-to outdoor gear brand if you’re into climbing, hiking, or rock climbing. The company is committed to sustainability for as long as the brand is still in operation. They created the Hyperlite Mountain Gear ethos, essentialism, which differs from minimalism. The brand believes that an intentional and thoughtful approach to assembling its backpacks ensures its products are safe, comfortable, warm, and efficient. Hyperlite is a proud partner of Dyneema, a bio-based fiber company, and promises to use this fiber in all its outdoor gear products.
7. MSR
For all your climbing equipment, don’t miss out on MSR products. The founder, a lifelong mountaineer, believed that a safe and reliable equipment is key to greater adventures. Today, the brand is proud to hand-build many MSR products. The brand is also another founding members of the Outdoor Industry Association Sustainability Working Group. It’s a collaboration of over 300 outdoor brands, manufacturers, and suppliers that focus on sustainability challenges and solutions.
8. Sunski
When you’re enjoying outdoor adventures, make sure you enjoy it in style with Sunski sustainable glasses. Sunski is a fantastic eyewear manufacturer in America that uses plastic scraps to turn into frames! A unique sunglass niche in the industry. The sunglasses are flexible, lightweight, and extremely durable. All Sunski customers will also get a lifetime warranty for their glasses. And if they break? Repair or replacement is free!
9. Cotopaxi
Cotopaxi backpacks, travel packs, hip packs, and duffels are colorful and vibrant and made with eco-friendly materials. They embarked on the The (Re)Purpose™ Collection program, which uses recycled deadstock or leftover fabric from other fashion brands. They also offer a lifetime guarantee on repairs or replacements. As members of the Sustainable Apparel Coalition, they support Amazon’s reforestation. Cotopaxi believes that doing good will create a ripple effect, so they reward customers who #DoGood!
10. Goal Zero
Here’s another eco-friendly outdoor gear brand for all your needs and more. To offer you the best outdoor camping experience, Goal Zero even sells power essentials, such as inverter generators, handheld portable power devices, solar panels, and battery banks. The company also aims to practice eco-conscious manufacturing methods by ensuring all 10+ factories in nine countries adhere to environmental and human rights standards. Its top sustainable camping gear is the Yeti Portable Power Station, with a four over five rating!
Eco-consciousness and health and fitness must be the perfect tandem. If you prioritize your health and fitness, the same care should also concentrate on sustainability. While you’re focused on your fitness goals, the process shouldn’t be as destructive to the environment. Just like you want to nourish your body with the good stuff, you also want to protect Mother Nature like it’s your own body. After all, the outdoors offers so much to benefit your health in the long run. Hiking, camping, rock climbing, surfing, swimming, to name a few. That said, protecting your playground as much as possible is only fitting. And that starts with choosing the most sustainable activewear brands. Here are the top 10 sustainable brands for fun and play.
1. Iron Roots
While some activewear brands claim 80 percent sustainability, Iron Roots embarks on 100 percent sustainable products and processes. It’s plastic-free all-organic athletic apparel that will not only make you feel good but also make you feel better about wearing Mother Nature-friendly apparel. Founded in 2018 by Dutch friends, the founders combined functionality, design, and sustainability in beautiful sportswear. They were both fed up with how the market manufactures most apparel from unsustainable materials. The brand uses non-plastic materials and unique plastic-based apparel like polyester. It’s a breathable and comfortable activewear that will help you achieve your fitness goals!
2. Girlfriend Collective
Girlfriend Collective is a Seattle-based brand making waves in the sustainable activewear niche in 2024. They are famous for their sports bras, trendy gym tops, leggings, and more! But the best part is the teams behind this brand are tree huggers, prioritizing recycled materials for their apparel. From fabric scraps to water bottles and fishing nets, you know you’re working out and helping the brand’s mission. The brand also uses eco-friendly dyes to color its clothes while managing wastewater responsibly. They created the ReGirlfriend program to prevent textiles from being in landfills!
3. Patagonia
Every outdoorsperson has heard of the famous brand Patagonia. The company has set a gold standard for sustainable apparel and manufacturing. Recently, the popular activewear brand has revamped its ownership structure to ensure it allocates a budget for environmental initiatives. The brand not only outsources sustainable materials and works with eco-conscious factories, but it is also transparent about it.
4. Groceries Apparel
Groceries Apparel is another sustainable activewear brand that focuses on upcycled food waste without needing third-party people or factories. They manufacture their activewear themselves through non-toxic and locally sourced materials. Who would’ve thought another person’s food waste could be a gym rat’s workout clothes? They manufacture all their products in their Los Angeles factory, making them a 100 percent self-sufficient brand!
5. Move by Mate
Move by Mate knows that conventional cotton, a material used by most apparel brands, is detrimental to the environment due to its pesticide use, heavy farming, and excessive water consumption. Move by Mate is also one of the sustainable activewear brands that uses organic cotton instead of traditional cotton, keeping the soil healthy. They claim that organic soil is also more breathable.
6. Wolven
If leggings are your workout go-to, then you must check out Wolven. It’s a brand that produces recycled sexy leggings for your exercise routines. Wolven is also deemed Lululemon’s competitor due to its elegant designs in multiple muted colors. Wolven leggings are made of 84 percent recycled PET or plastic bottles. The brand’s recycled materials are also Global Recycled Standard-certified. When you buy Wolven leggings, you’re guaranteed they are free of uncomfortable, harmful chemicals.
7. Reformation
You can be sure this brand is one of the most mainstream activewear brands that doesn’t take eco-consciousness lightly. Reformation boasts multiple eco-friendly initiatives, and they will not stop anytime soon. For one, they have a RefRecycling program, encouraging customers to drop off their used Reformation products in exchange for store credits. Moreover, Reformation also partners with many eco-conscious organizations like Bluesign. They also have a FactoryForward to ensure their suppliers become the best at what they do.
8. Gngr Bees
Founded in 2019, the owner, Natalia Grisard, was inspired to create Gngr Bees by her love for wildlife. She claims this brand is “driven by purpose and not by profit.” The brand’s apparel is made from discarded products. The company has reclaimed over 45,000 plastic bottles and over 4,000 kilograms of fishing nets. Gngr Bees also partners with Azizi Life and Beach Collective to plant mangroves and recycle ocean-bound plastic.
9. The North Face
The North Face has a long history of embracing eco-friendly products, initiatives, and commitments ever since. They are committed to prioritizing nature through science-based and actionable goal-setting. The North Face ensures all their materials are 100 percent recyclable and responsibly sourced. They created the North Face Renewed program that focuses on circularity by giving used gear a second life. This way, they are given a chance before users toss them into a landfill.
10. Tentree
Tentree is a Vancouver-based brand that believes in the power of tree planting. Its name is embedded in its company vision to plant ten trees in exchange for every item purchased. The company centers its practices on environmentally friendly ways, which they call the “earth-first approach.” This focuses on safe and fair working conditions for all employees and prioritizes sustainable and recycled materials for their products. Some of these materials are Tencel lyocell, Repreve polyester, and more. They created the Climate+ Initiative, which lets customers prevent carbon emissions by buying a pack of trees.