So let's talk about @RadioShack.
And why they're tweeting... this.
A 🧵 with the details:
- the state of the business
- who's running the account
- does this strategy work?
God, I hate it so much.
Okay, fine, I'll be analytical.
You probably remember RadioShack like this.
Little strip mall electronics stores with every random you'd need. Very handy in the pre-internet days!
Even as recently as 2014, they had 5,200 stores with over 27,000 employees.
Since then, they've filed for bankruptcy twice. 3/
In 2020, RadioShack was bought by Retail Ecommerce Ventures. They buy bankrupt brands, hoping to turn them around based on whatever brand equity's left.
Their executive chairman?
Tai Lopez.
You may recognize him from YouTube ads. Get rich quick stuff. He seems... not great. 4/
Tai Lopez & his company relaunched RadioShack as... sigh... a crytpocurrency. Because of course they did.
The currency is called Radio.
1 Radio is worth... wait for it.
Not even one cent. 5/
So, because Crypto Bros be Cryto Bros, in a ridiculous effort to drum up some business for RadioShack, the brand's gone completely unhinged on Twitter. 6/
(and no, I didn't LIKE those tweets. I had to run around Twitter to see who had screenshots because some have been deleted.)
So, the age old question is here:
Is... this... an effective social strategy?
Could this insanity actually work?
Lucky for us, because RadioShack is a cryptocurrency, we can definitively decide based on data! 🧵:
Yes, @RadioShack went very viral for their insanity. Every publication is writing about them! Everyone's tweeting about them!
But engagement doesn't matter if it doesn't translate to sales. And RadioShack's cryptocurrency is worth less than one cent. And dropping. 9/
UPDATE: @RadioShack DMed me. They're putting me in touch with their content team.
They also said this about my thread.
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It's my 36th birthday, so by the laws of Twitter, I get to offer 36 pieces of advice.
Here's a bunch of weird ones no one will tell ya. 🧵
1. Swipe left when you see your co-workers on a dating app.
2. Don’t try to get creative validation through creative jobs.
If you tie your creative self-worth to projects that require client approval, you’re gonna have a bad time. Always have a creative hobby that’s just for you.
3. Don’t be the main character at the company Christmas party.
Open Bars can and will get you in trouble. Go bond! And stick around for the after party to show camaraderie. But alternate cocktails with water, and don’t be the last person to leave.
@shortyawards This was my pitch to AT&T. They wanted to push their high speed internet to gamers, bonus points for aspiring streamers.
I can show the deck because, amazingly, they bought the exact idea. No changes. That almost NEVER happens. The case study: shortyawards.com/15th/the-first…
@shortyawards SLIDE 1: Title slide. It's... it's a title slide. It's purple because Twitch. That's... that's all I've got to say about that.
@MrBeast famously stated he spends up to $10,000 just on thumbnail design + testing. "The thumbnail makes the difference between 50 million views and 200 million."
For the new video? He makes YouTube face next to a gold yacht. Very clickable. 1/
@MrBeast shows yachts at different price points in the video, but you need a concise, catchy hook to pull views, so he only lists 2 yachts in the title.
"vs" language is a great emotional motivator, plus who doesn't wanna see a $1 yacht and a $1 billion yacht? 2/