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#AskGaryVee Episode 44: The Thank You Economy & Snapchat Payments

By November 18, 2014September 4th, 2022No Comments2 min read

#QOTD: What’s the last app you downloaded?

#TIMESTAMPS
01:19 – Airbnb goes into print, they are making a magazine called Pineapple
02:31 – Do you still the Thank You Economy will self destruct in 2015? Are brands living up to your prediction/TYE expectations?
04:03 – In the future how are you going to treat social media with your children?
07:10 – Everybody asks what do you think of Snapcash?

#LINKS
https://www.nytimes.com/2014/11/17/bus…
https://blog.snapchat.com/post/1028957…
https://thankyoueconomybook.com/
https://www.nbc.com/late-night-with-se…
https://www.swipe-app.com/

The humanization of business. Manners of Marketing. Thank You Economy. They’re all same. Now that the Internet has allowed consumers to have more control, businesses are expected to behave differently and interact with their communities in a way that humanizes their messaging. Unfortunately however, brands haven’t fully embraced the mindset that I thought would have been exhausted by now.

My prediction with the Thank You Economy was that by 2015 everybody would be on board. Unfortunately, that is not the case. People just haven’t adopted it at scale and therefore how can it really be over? Nobody’s ruined it. This might actually take forever or never happen at all although I know that those practicing it are getting real results. I see those emails every day.

And so, my prediction was incredibly off. It just may never happen at scale because companies can be heartless. Heck, even I’m heartless when it comes to money. I know that business is all about the wallet and I get that, but there’s a real financial benefit with TYE mentality. I see the dividends with it each and every day. People are STILL flabbergasted when a company reaches out to them with a half-assed approach, and so I know that the potential is still there, but I’m utterly confused as to how it hasn’t been fully adopted yet. It’s 2015, people!

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