Articles tagged with Growth:
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JUL
22
With Facebook, 25 year-old Mark Zuckerberg, turned a dorm-room diversion into a cultural phenomenon. His next goal? To finally turn the company profitable
Newsweek,
July 22, 2009 —
It's the stuff of dotcom legend. Harvard undergrad Mark Zuckerberg and a few friends hack into the university's photo ID database and create a site for students to rate and/or berate their classmates' pictures. Since Facebook's launch in 2004, it's become a cultural phenomenon that's outgrown its Ivy League origins, into middle America and started to expand into countries around the world. NEWSWEEK's Dan Lyons spoke with Zuckerberg about Facebook's rapid growth, how it's reshaped how we think about privacy and whether the site can get too big for its own good.
MAY
4
Spencer Stuart Survey: Focus Is on Cost Cutting Rather Than Long-Term Biz Building
CMO Strategy by AdAge,
May 4, 2009 —
In these tough economic times, chief marketing officers are keeping their heads down, focused on meeting the short-term demands of the job. But are they kidding themselves by thinking that when the recession subsides, they'll be able to jump right back in the game after having shelved long-term plans?
MAR
29
New York Times,
March 29, 2009 —
WHEN Facebook signed up its 100 millionth member last August, its employees spread out in two parks in Palo Alto, Calif., for a huge barbecue. Sometime this week, this five-year-old start-up, born in a dorm room at Harvard, expects to register its 200 millionth user.
That staggering growth rate — doubling in size in just eight months — suggests Facebook is rapidly becoming the Web’s dominant social ecosystem and an essential personal and business networking tool in much of the wired world.
OCT
2008
The credit card underdog is taking on rival Visa with smart technology, memorable marketing, and global ambition. But what happens when consumers put their cards away?
FORTUNE,
October 23, 2008 —
On the desktop screens at MasterCard Worldwide, you can see the economic pulse of the globe in real time. In the suburban St. Louis control center of MasterCard's global-payments network, rows of analysts keep watch over the flow of nearly 20 billion transactions a year in 210 countries, more than the United Nations has members. When the matrix of green lights flashes a red spot, the money traffic controllers immediately reroute the transactions to keep commerce flowing.
Meanwhile, in suburban New York City, the staff at MasterCard Advisors monitors the payment network, plus surveys and other outside data, to produce bulletins on America's retail health. In early October, days before retailers released their monthly results, Advisors noted sharply... continue reading
OCT
2008
Brandweek,
October 17, 2008 —
In today's tough economy, when food companies are battling escalating ingredient costs, heavily scrutinized marketing practices and fluctuating stocks, General Mills is driving growth with a business model that includes marketing at its core.
Mark Addicks, CMO and svp of General Mills, revealed what those strategies were during a speech this morning at the Association of National Advertisers' conference in Orlando, Fla. Addicks credited "leadership, scale and leverage" as the three factors fueling General Mill's brand portfolio in an unstable food business.
OCT
2008
The new CMO imperative to growth
The Advertiser,
October 1, 2008 —
The existence of functional silos is the most serious challenge in planning and executing integrated marketing campaigns to drive growth, according to ANA research conducted earlier this year. Fifty-nine percent of respondents listed it as a major challenge. With that in mind, we’re pleased to present this excerpt of a new book aimed at CMOs looking to solve the silo problem.
AUG
2008
With Facebook surging, cofounders Chris DeWolfe and Tom Anderson have gone back to their roots -- music, pop culture, and a proven cash-flow ad model -- to spur a next phase of growth. Will that be en
Fast Company,
August 27, 2008 —
Chris Dewolfe, the lanky, shaggily hip CEO of Myspace, is holding his last meeting of the day from a prone position, a collection of long limbs stacked on a tiny red love seat. The early evening powwow, taking place in the cramped office of his senior communications director, is interrupted when I come crashing in to say good-bye.
AUG
2008
New York Times,
August 7, 2008 —
Sprint Nextel, the troubled No. 3 wireless carrier, lost nearly a million customers in the second quarter. But the company says it lost some of them on purpose.
Meanwhile its chief rivals, AT&T and Verizon Wireless, respectively gained 1.3 million and 1.5 million new wireless customers. As customers tighten their spending during rough economic times and when nearly nine out of every 10 Americans already own a cellphone, winning customers from a competitor is the only way to grow quickly. And at that task, analysts say, Sprint is struggling.
AUG
2008
As Wii Products Leave Pipeline, Iwata Looks to Services, New Gamers for Growth
Wall Street Journal,
August 4, 2008 —
After overseeing several years of rapid growth at Nintendo Co., President Satoru Iwata faces new challenges: how to keep players of the company's videogames interested, and how to cultivate a new wave of customers.
Under the 48-year-old Mr. Iwata, Nintendo has already redefined videogames and widened their appeal beyond the typical young male player who favors fast, action-packed games. Its DS portable game device, launched in November 2004, has attracted young women and an older audience with a touch-sensitive screen players can write on and simpler games, such as the brain-training quiz game Brain Age and the virtual-pet game Nintendogs. The Wii videogame console, released two years later, allows users to wield a controller as they would a tennis... continue reading
JUL
2008
The Service Is a Victim of Its Popularity -- and Its Unresponsiveness Is Costing It Fans
Advertising Age,
July 29, 2008 —
What are the limits of consumer loyalty when a particular product or service consistently stumbles, or just doesn't work? What if those stumbles are actually due to the immense popularity of the product?
Any fast-growing brand that has seen its infrastructure quiver under the weight of widespread customer demand should look for a lesson on how not to do things in Web 2.0 darling Twitter.
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