{"id":47712,"date":"2019-09-12T12:13:23","date_gmt":"2019-09-12T16:13:23","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=47712"},"modified":"2019-09-12T12:13:23","modified_gmt":"2019-09-12T16:13:23","slug":"the-experience-thing","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=47712","title":{"rendered":"The Experience Thing"},"content":{"rendered":"<p style=\"text-align: left;\">There&#8217;s too much of everything. And nobody needs any of it.<\/p>\n<p style=\"text-align: left;\">If you&#8217;re selling something it better not be &#8220;more stuff.&#8221;<\/p>\n<p style=\"text-align: left;\">It better deliver an &#8220;experience.&#8221;<\/p>\n<p style=\"text-align: left;\">Apple is the best at experience. Samsung has nice, even great phones. But Samsung can&#8217;t love with me with photos of my grandchildren on the family\u00a0photostream. Here&#8217;s Peter and Eleanor, yesterday, courtesy the family photostream.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-47722\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/PeterandEleanor.jpg\" alt=\"\" width=\"250\" height=\"492\" \/><\/p>\n<p style=\"text-align: left;\">Lulemon sells the same stuff you can buy from a million others. But they run free yoga classes in their stores.<\/p>\n<p style=\"text-align: left;\">Peloton is the classic experience company. You can buy this bike from a million companies.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-47729\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/Pelotonbike.jpg\" alt=\"\" width=\"350\" height=\"323\" \/><\/p>\n<p style=\"text-align: left;\">But you can&#8217;t buy the Peloton classes from anyone else. Both my children have a Peloton in their house. My apartment building just put one in the basement. Peloton is about classes, not hardware. You pay $2,000 for the bike and $39 a month or so for the classes. They have over one million subscribers. Who would have thought the experience of being screamed at from afar was worth $39 a month? Who would have thought there were over a million exercise masochists in the world?<\/p>\n<p style=\"text-align: left;\">Microsoft has stores where you can get help &#8212; a better experience than sitting on eternity hold on the phone to them.<\/p>\n<p style=\"text-align: left;\">Costco, Home Depot, Starbucks deliver &#8220;experiences&#8221; in their stores. They&#8217;re fun. Even Dominos is getting the message.<\/p>\n<p style=\"text-align: left;\">Nike has just added &#8220;an experience track&#8221; to its products. It&#8217;s aiming at a more holistic relationship with its customers, also called members.<\/p>\n<p style=\"text-align: left;\">Some of my real estate syndicators have soirees where they deliver good news and good cheer. Almost as happy-making as dividend checks.<\/p>\n<p style=\"text-align: left;\">One alternative bank I&#8217;ve invested in has a comforting annual meeting next week. I&#8217;ll be there &#8212; and not just for the free food.<\/p>\n<p style=\"text-align: left;\">Amazon delivers experience in many ways &#8212; from publishing awful (but funny) reviews of some of its products to simply telling me which stuff is best. And which is worst. Please read J<span class=\"a-profile-name\">effrey Lambert&#8217;s\u00a0<\/span>Gummi Bear review . Click <strong><a href=\"https:\/\/www.amazon.com\/Haribo-Gummi-Candy-Goldbears-Pound\/dp\/B000EVOSE4\/ref=sr_1_4?crid=16UK0SY89Y2WU&amp;keywords=5lb%2Bbag%2Bof%2Bgummy%2Bbears&amp;qid=1568304439&amp;sprefix=5lb%2Bbag%2Bof%2Bgummi%2Bbears%2Caps%2C120&amp;sr=8-4&amp;th=1\" target=\"_blank\" rel=\"noopener\">here.<\/a>\u00a0<\/strong>It&#8217;s the third review.<\/p>\n<p style=\"text-align: left;\">I look to invest in companies which deliver experience because I have enough stuff.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Reacting to Apple&#8217;s new stuff<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><strong>Must have:<\/strong> The new Apple Watch series 5. Much better health features. I&#8217;m buying one.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><strong>Maybe have:<\/strong> The new phones have better, brighter screens and much better cameras. I&#8217;m mulling. My iPhone 8 Plus camera is fine.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Favorite new stuff<\/strong><\/span><\/p>\n<div style=\"width: 400px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-47712-1\" width=\"400\" height=\"400\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/Donaldtrumpcostume.mp4?_=1\" \/><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/Donaldtrumpcostume.mp4\">https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/Donaldtrumpcostume.mp4<\/a><\/video><\/div>\n<p style=\"text-align: left;\">You can buy this nonsense for $55.49 at Amazon <strong>here.<\/strong><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Funny stuff<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-47714\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/AirandSpaceMuseum.jpg\" alt=\"\" width=\"350\" height=\"359\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-47715\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/MAGA.jpg\" alt=\"\" width=\"383\" height=\"229\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-47716\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/iPadFly.jpg\" alt=\"\" width=\"350\" height=\"257\" \/><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-47717\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/09\/Openabankaccount.png\" alt=\"\" width=\"240\" height=\"247\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Soft stuff<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ There&#8217;s no truth to the rumor that Trump is swapping Hong Kong for California.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ The U.S. is becoming the world&#8217;s largest oil producer, on track to deliver 13 million barrels a day. That&#8217;s not good for Russia or Saudi Arabia, because our output keeps the price of oil down. But it is good for our consumers and our businesses.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ I don&#8217;t think the Fed dropping the price of money will boost the U.S economy, since we&#8217;re already running at full steam. But now is a great time refinance your mortgage.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Stay out of the sun. Layer up with cream. Layer your kids and grandkids. Teach them the sun is <strong>not<\/strong> their friend. Several friends and relatives have just had major problems with bad moles and bad skin. If you haven&#8217;t seen your dermatologist in the last 12 months, visit him (or her) tomorrow. True story: I just saved a friend&#8217;s life with this boring advice. Visit your dermatologist regularly. He did. They caught it just in time. Skin cancer is the most aggressive form of cancer.<\/p>\n<p style=\"text-align: left;\">&#8212; Harry Newton<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s too much of everything. And nobody needs any of it. If you&#8217;re selling something it better not be &#8220;more stuff.&#8221; It better deliver an &#8220;experience.&#8221; Apple is the best at experience. Samsung has nice, even great phones. But Samsung can&#8217;t love with me with photos of my grandchildren on the family\u00a0photostream. Here&#8217;s Peter and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-47712","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/47712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47712"}],"version-history":[{"count":14,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/47712\/revisions"}],"predecessor-version":[{"id":47733,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/47712\/revisions\/47733"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}