Bloomberg Businessweek Bloomberg Businessweek: Black Friday Special
45 snips
Nov 29, 2024 
Join Chief Revenue Officer of Rakuten Rewards, Julie Van Ullen, as she discusses shifting consumer behaviors this Black Friday, highlighting the rise in essentials spending and the allure of cashback incentives. Clint Henderson, from The Points Guy, shares insights on travel trends and the nuances of airline loyalty programs, emphasizing strategic use of rewards. Jurrien Timmer, from Fidelity, offers his macroeconomic perspective on market trends amid today’s uncertainties, probing the implications of significant cash surpluses in the economy.
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Retailer Advice
- Brick and mortar retailers should offer extra value beyond discounts to attract Black Friday shoppers.
- Cashback programs and free shipping can incentivize purchases and compete with direct-to-consumer brands.
Zuckerberg-Trump Meeting
- Mark Zuckerberg met with Donald Trump, possibly discussing AI regulation among other topics.
- This meeting comes after a strained relationship including Trump's suspension from Facebook and Instagram.
Bias Concerns
- Concerns about anti-conservative bias on Facebook persist, despite Elon Musk’s open pro-Trump stance on X.
- No hard evidence supports intentional downranking based on political affiliation.