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The lifestyle economy comes for your pets
Google takes on your smartphone regrets
The future of Prada means more private jets
A new vet subscription shows pets really are just like us — they’re suckers for good branding
A startup called Small Door, which describes itself as a “veterinary experience” that uses a “membership model,” opened its flagship location in New York this week.
It’s a bold bet that a lifestyle-branded subscription startup can replace traditional veterinary services.
But it also wouldn’t be the first time a “pet tech” startup copied a human-focused startup.
It’s pet care, disrupted
Unlike other vets, which typically operate on a pay-per-visit model, Small Door structures its services as a membership model.
Small Door’s model offers pet owners shorter wait times and higher quality care… and it offers coddled corgis the canine equivalent of an airport lounge while they wait for their flea treatment.
Basic memberships for dog owners are $12/month and premium memberships are $75/month (cat owners shell out $8/month and up to $74/month).
The business of pet pampering has been growing for awhile
In the past 3 decades, the business of pet pampering has exploded: The number of households with pets has increased by 11 percentage points since 1988. But SPENDING on pets has increased by nearly 450% since 1994.
As you might imagine, that kind of growth got some tails wagging at venture capital firms — and, sure enough, investors pumped $519m in “pet tech” startups in just the first 7 months of 2018.
Some pet tech companies took aim at existing pet care rivals . Some examples:
Wag took on traditional dog walkers
Chewy challenged pet retail giants
The Farmer’s Dog and others took on kibble kingpins
But in other cases, pet startups invented new products that pet owners didn’t even know they needed — and many simply mimicked trendy products made for humans. A few cases in point:
Embark makes (doggie) DNA testing kits
Fitbark makes fitness wearables (for dogs)
Bond Pets is developing lab-grown (pet) food
And HonestPaws — and others — created CBD oil (yep… for dogs)
Envelope, please: Google wants to kill your smartphone habit
If you drop your phone in the toilet and want to dry it out, sock that sucker in rice. If you want to cure your phone addiction so you don’t use it while sitting on the can, stuff it in an envelope.
That last bit of advice comes courtesy of Google, which just unveiled a low-tech balm for our smartphone-addled noggins: a printable paper sleeve .
Google’s not the first outfit to take aim at your phone…
… but it may be one of the largest. A small army of self-help gurus and entrepreneurs wants to help you kick the habit. Instead of wasting time swiping, you could:
Read a book, for once in your life . “Break up with your phone” is an entire genre.
Try a detox package . A digital cleanse might pair well with one of those tiny cocktail kits.
Buy some pointless plastic . Meet the NoPhone and the NoPhone Air (yes, they actually exist).
Dumbphone tech isn’t all gimmicks
Schools, musicians, and comedians use Yondr’s lockable pouches to keep people off their phones.
But it turns out that going cold turkey can have unintended consequences. After some schools locked their students’ devices away, the kids came down with a major case of phone withdrawal .
An app turns the second screen into a cash machine
Wired UK noticed an eye-popping stat about the British company Monterosa, which makes companion apps for reality TV shows: Its second-screen app for Love Island , which just returned for a new season, has racked up £12m in sales .
That’d buy a lot of roses for Chris Harrison.
Here’s how they did it:
The app appeals to the show’s fashion-conscious viewers, letting them buy the clothes they see on TV with a few taps (personalized water bottles and branded tank tops run about $20 a pop).
The show’s fashion partner says sales shot up 67% compared to last summer’s season.
If done right, companion apps could tap into a big market:
Nearly half of American adults say they “always” or “very often” watch TV and use another device at the same time, according to Nielsen.
Adults 18 to 34 are also spending a lot more time with smartphone apps.
Things you should…
WFH: FYC (From Your Couch), $199
If you work remote occasionally — and who doesn’t these days? — you owe yourself an upgrade. This lap desk from Hive will turn your couch into a functional office, complete with cupholders for the coffee you’ve been spilling. Sophisticated, elegant, and most of all, laaaaaazy.
LEARN: How to make smarter resolutions with Noom, Free report
If you’ve ever given up on a resolution by February, you’re not alone — over 80% of people fail at sticking to theirs. We want to help, which is why we worked with Noom on this article about how you can do a better job of sticking to your 2020 goals.
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Exclusivity just got an experiential makeover
Prada is hosting private, pop-up clubs — a series called “Prada Mode” — to cater to its VIP superfans, The New York Times reports .
Prada is the latest luxury brand to invest in exclusive events — a sign that pop-ups could be the future of high fashion.
So, what does a Prada pop-up look like?
It’s fabulous, obviously. But, more specifically, it offers hand-picked invitees exclusive:
Location-specific art
Live musical performances by famous composers and artists
Award-winning food from critically acclaimed restaurants
Exclusive panel discussions with artists and academics
If you were wondering — there is NOT a way to pay for entry to these events, you must be invited (if you have to ask, you’re probably not in the Facebook group… ).
And Prada’s not the only luxury brand investing in primo pop-ups
Once, fancy furs were the trendiest, most conspicuous status symbols.
But now, once-in-a-lifetime Instagram opportunities are arguably trendier, certainly more conspicuous, and therefore more valuable.
And brands have noticed:
Ralph Lauren has a private club calle Palazzo Ralph Lauren that features private chefs and exclusive clothing collections.
Alfred Dunhill , the British luxury label, has a private club called Alfred’s in the back of its flagship store (which just happens to be a mansion).
Giorgio Armani ’s founder (yep — Giorgio himself) also runs a private club in Milan and sometimes hosts pop-ups elsewhere.
Chanel has a private club called the Coco Club that pops up from time to time for exclusive events for its golden-card carriers.
Not all of these events are invite-only, but they are definitely all bougie — and you can bet your bottom follower they’re all Instagrammable.
AirPods are bringing in more annual revenue than Twitter
Just how big are Apple’s ubiquitous headphones? They’re making more money than Twitter, Spotify, and Shopify, ringing up an estimated 60m unit sales in 2019.
Our Trends team examined the booming economy around the AirPod. With 900m people using an iPhone worldwide, there’s an enormous market to tap into.
One takeaway: Once people buy their AirPods, they start looking for accessories to use with them. Tens of thousands of people are searching for hooks, cases, and cleaning kits (including this one, which was the second-highest upvoted item on Product Hunt one day last month).
Tell us: What’s your favorite AirPod accessory — and what products would you love to see someone create to make you love your little white buds even more? Share your ideas here .
Trends subscribers get access to insights like these and a lot more. Join our private community for just $1 .
Startup Tip #819
“Your intuition is the start of your disruption.”
Alex “Thinking Man” Eklund
Do you just get startups? Send us your tips here .
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