What we are talking about on Whatsapp👀
What We're Talking About on Whatsapp: 🌟 Rising: teen and tween demand for premium skincare treatments, including Drunk Elephant, Christian Dior and Sol de Janeiro. Also rising: young patients with skin irritation and breakouts caused by using too many products. The brands caught in the middle will need to carefully navigate associated ethical and legal issues. https://lnkd.in/grfUq5w7 🌟 Google is considering charging for new ‘premium’ features powered by generative artificial intelligence. The proposed revamp to its cash cow search engine would mark the first time the company has paywalled its core product. https://lnkd.in/dg-FzJjA 🌟 Almost one in three jobs created over the past year was in an industry servicing the National Disability Insurance Scheme, highlighting the scale of the challenge to reign in the program. https://lnkd.in/gJp7vrra. 🌟 Temu, the e-commerce app that sells bargain-bin delights, is the No. 1 advertiser by revenue on Meta, spending a staggering US$2B last year on Facebook and Instagram ads. Temu is also investing in paid search for its items to appear alongside name-brand products. Both practices increase advertising costs for competitor brands. https://lnkd.in/gtd3XWt5 🌟 Blundstones, the 154-year-old Tasmanian-origin work boot, continue to grow overseas. Interestingly, while only 15 per cent of Australian sales fall into the lifestyle category, the boots are a fashion item in the UK and US, worn by David Beckham, Kate Moss and Kate Middleton. https://lnkd.in/gZGsdu4t 🌟 Invest Like the Best is one of our favourite podcasts, and we enjoyed Patrick O’Shaughnessy’s interview with Sean Feeney, the owner of top NYC restaurants Lila and Misi. Sean, an ex-trader, leveraged his finance background to build profitable restaurants – for example, looking at 40 potential sites to find one with the right rent to sales ratio (of 8%). https://lnkd.in/dkVBatH8