Sunday Musings w/ Shore Branding – 7-6-14

Photo Credit: CBS Philadelphia

Photo Credit: CBS Philadelphia

Happy 4th of July weekend to those of you celebrating in the US and welcome back to another #SundayMusings where this week’s focus will be on wearables! Wearables are beginning to build traction with consumers, well beyond what I tend to consider the starting point of fitness programs and apps. Let’s take a look at some of the better write-ups I’ve found over the past few weeks that revolve around wearables.

#1 – Why Wearable Technology Matters in 2014 – via Likeable.com 

Premise: The wearables market is expected to double in 2014 to exceed $1.5 billion, according to Juniper Research. This presents new ways for brands to interact with consumers in varying ways. The author provides three reasons why wearables should be considered in your marketing plan moving forward.

Thoughts: Three very straightforward reasons are provided and I agree with all of them. First and foremost, to me at least, is the ability to get ahead of competition. There are a handful of major players in the space right now, but that’s it. Are you a brand struggling to turn around your archaic image? Looking for a way to become seen as a modern, innovative brand or company? You may want to consider how you can get involved in wearables.

One brand that comes to mind immediately is Radio Shack. You may remember their ad during the Super Bowl (below as well). The ad was intended to move the company’s image out of the 1980’s and into the present. Wearables might be a market worth diving into to try to continue moving the pendulum.

#2 – A 10-sensor iWatch say’s Apple’s smartwatch will be nothing like Android Wear via PCWorld.com 

Premise: It is being reported that Apple’s iWatch will include 10 sensors that will help those more interested in their own health. This strategy, if true, makes the iWatch very different than the Android smartwatches that are rolling out with Google Now. Google’s smartwatch is focused on the world around you – weather, travel, sports scores, etc. Apple’s iWatch is expected to be released this fall with somewhere between 10-15 million units available by the end of the year.

Thoughts: This would be an interesting approach by Apple and certainly takes the brand in a different direction vs. Google when it comes to wearables. It is actually a little refreshing to see two different visions for a similar product between the two companies, as many/most launches seem to be more duplicative.

What are your thoughts on wearing a smartwatch? Will you be considering a purchase in the near future? Personally, I can’t justify the purchase as I don’t think I’ll use it enough. If I were interested in tracking my movement for my personal health, I’d be much more inclined to think about it.

#3 – “Will Adidas beat Nike in the wearables game with its new miCoach Fit Smart Band” via ShinyShiny.TV 

Premise: Adidas is putting another stake in the ground on wearable fitness with its forthcoming Smart Band. With Nike’s decision to concentrate more on the software side of wearables, Adidas has the ability to distinguish itself in a new, but growing market.

Thoughts: Beyond their World Cup battles, Adidas and Nike are drawing lines in the sand on how they want to position themselves in the wearables market. As mentioned in #1 above, very few brands are legitimately playing in this space, so if Adidas can develop a product that consumers can trust, they may find themselves in a very lucrative position.

#4 – “Health Wearables To Save You Visits to the Doctor” via alleywatch.com  

Premise: WSJ produced a short video that interviewed Singularity University’s Daniel Kraft on what the future may look like when thinking about wearables and your personal health. From patches to devices that attach to your inhaler, technology is going to play a huge role in your personal health.

Thoughts: First, I want to implore WSJ.com to start allowing viewers the ability to embed online videos. What year is this again?

With that out of the way, I found this to be highly interesting. The ability to use mobile attachments to scan parts of your body and send the information to your doctor immediately is incredible to me. I realize that this probably freaks some people out, but this is fascinating in my opinion. I do get a little bothered about how much reporters focus on how they “look” vs. the capability itself. For those needing to track their physical health and/or ailments more regularly, closing comments like those made in the clip/link above create unnecessary barriers for people to get over.

Below is another story that makes a strong connection between personal health and wearables:

#5 – “Here’s what Google’s Android Wear can do” via engadget.com  

Premise: At Google I/O, the company took another huge step in committing to the wearables market. As part of the demo, Google announced that the new smartwatches can sync to phones running Android 4.3 (Jelly Bean) or higher. Through a Google Now-like card system, you can bring up the information that is more critical to you and your day. Third-party apps will be heavily engrained in the system, including Twitter, Facebook, and Pinterest. The new LG and Samsung watches were made available to order in the Google Play store on the day of the I/O conference.

Thoughts: You knew I wouldn’t end a #SundayMusings without an article specific to Google and Android, right? If there were to be a smartwatch purchase somewhere down the line in my future, it would have to be one that is based on Android’s system.

Tweet of the Week:

An interesting discussion from #CEWeek if you have a few minutes. (Note, you may have to blast your speakers after the opening credits.) The “Nametag” technology took things a step further than I’m comfortable with. However, it was certainly an interesting demo and discussion around the 27 minute mark on augmented vs. virtual reality.

Thanks again for checking out another edition of Shore Branding’s #SundayMusings! Are you thinking about purchasing at least one of these wearable products? Have you already? Let us know what you think in the Comments section below. Have a great week!