He had recommended it to me a while ago, and I had failed to sample its offerings at the time. I finally made a point to do so not so long ago.
The channel's description: "Videos on interesting topics in business and marketing of well known companies."
Sounds rather dull, doesn't it?
Sounds rather dull, doesn't it?
Well, it's not, and its creator or creators have had no problem turning out videos, most in the 10- to 12-minute range, about interesting topics.
Some of the videos explore simple questions, such as why there are two different names for Carl's Jr. and Hardee's restaurants, when they're essentially the same restaurant.
Other videos examine why Costco is so successful, or Gatorade has such a huge presence in the sports drink market.
Other videos examine why Costco is so successful, or Gatorade has such a huge presence in the sports drink market.
Conversely, there are videos examining why ESPN and Kmart have declined, or why iHeartMedia and Toys R Us have filed bankruptcy.
Some of the answers may seem obvious, but there are not-so-obvious reasons, as well, and Company Man attempts to address those.
I sampled a handful of videos in a week, and here are my impressions, in no particular order.
Costco: The examination of its success pointed out obvious things, yet they were things I didn't really consider about its business model. While Costco seems to be a flourishing company that is doing very well, the video shows how its business volume compares to other major companies, which helped me better appreciate how successful it is in the U.S. retail landscape.
I'm no business expert, so I can't speak to how definitive the overview is, but I was skeptical about the analysis of its business model, and how important the annual membership fee is to the overall financial success of the company.
Interesting tidbits, but overall an underwhelming video.
Toys R Us: An interesting analysis of how the company wound up in bankruptcy and why it's not simply Amazon's fault. I learned a few things about the once might toy retailer, mostly because I have never cared, for even a minute, about the company or its history.
The mystery gimmick: This video wasn't what I expected. Instead of exploring the origin and growth of the mystery bag or box that fans of Disney, Star Wars or Marvel buy, with limited to no knowledge of what they'll receive inside, the video was about how and why companies produce mystery flavored products, such as the mystery flavor of Dum Dum suckers. There was a bit of interesting trivia behind the production of mystery flavored Dum Dums, but overall this wasn't a particularly informative video, or particularly entertaining.
MTV: This was the first video I watched, as I was curious to hear his explanation of how the cable network evolved from a music video showcase to another cable channel full of "reality" programming and scripted drama.
The video suggests MTV wouldn't have survived as a video channel in this day and age of YouTube and other streaming platforms, and I don't disagree. I don't think MTV is ever praised for being a visionary network that was years ahead of the technological curve, but Company Man leads you to think that.
The video touches on early attempts at programming outside of continuous video play, but does a mediocre job of explaining the evolution. You would think it took years for MTV to consider programmed blocks, but the truth is the network knew the value of that in its earliest years. I'm no expert on MTV, but I do know that within a few years of its infancy the channel had programming blocks, just not in the way it does today. For much of the '80s there were daily programs such as "Closet Classics Capsule," "Dial MTV," "Yo, MTV Raps" and "Headbangers Ball." All of these were video shows, but they were either weekday or weekend programs that focused on a targeted genre.
I suspect MTV saw the value of programmed blocks early on.
The video touches on early attempts at programming outside of continuous video play, but does a mediocre job of explaining the evolution. You would think it took years for MTV to consider programmed blocks, but the truth is the network knew the value of that in its earliest years. I'm no expert on MTV, but I do know that within a few years of its infancy the channel had programming blocks, just not in the way it does today. For much of the '80s there were daily programs such as "Closet Classics Capsule," "Dial MTV," "Yo, MTV Raps" and "Headbangers Ball." All of these were video shows, but they were either weekday or weekend programs that focused on a targeted genre.
I suspect MTV saw the value of programmed blocks early on.
Eventually the game show "Remote Control" and the cartoon "Beavis and Butt-Head" were added. They appealed to fans of music, and became appointment television on the MTV schedule. The '90s would bring about non-music programming, such as the dating game show "Singled Out" and the reality show "Real World," and it wasn't long before videos were an afterthought.
MTV didn't abandon videos in the '90s. "Total Request Live," often known as TRL, became a live, interactive daily request show that was a major late afternoon draw for young music fans, much like the less dynamic "Dial MTV" had been in the '80s.
I'm no TV expert, but I do know it's easier to sell advertising for big bucks when you have a proven commodity that will draw a proven audience on a recurring basis. If I can turn on MTV and watch music videos any time, day or night, there's no reason I need to tune it at 4 p.m. weekdays or 11 p.m. on Saturday. But if I know I can see all the latest, most popular videos at 4 p.m. each weekday afternoon, or can rock out at 11 p.m. on Saturday nights, I'll make a point to be in front of my TV. And that helps MTV sell advertising.
I'm no TV expert, but I do know it's easier to sell advertising for big bucks when you have a proven commodity that will draw a proven audience on a recurring basis. If I can turn on MTV and watch music videos any time, day or night, there's no reason I need to tune it at 4 p.m. weekdays or 11 p.m. on Saturday. But if I know I can see all the latest, most popular videos at 4 p.m. each weekday afternoon, or can rock out at 11 p.m. on Saturday nights, I'll make a point to be in front of my TV. And that helps MTV sell advertising.
Again, I'm no expert, but the ability to draw targeted audiences as specific times of the week is a benefit when it comes to selling commercials, and I've always been under the impression that MTV's shift to programs over continuous videos was driven by maximizing its commercial revenue and not due to its foresight into the evolution of how we consume entertainment.
But Company Man never mentions this. We're left with the impression that MTV was simply ahead of the curve, as if it saw the writing on the wall. I doubt that, but even if the network could predict the future, I believe Company Man leaves out a major influence in MTV's evolution.
Major fail.
New Coke: I really enjoyed this video. If you lived through the '80s, unlike my producer, you remember this curious experiment with Coca-Cola in 1985. This chapter in Coke's history hasn't been forgotten, but it really doesn't come up a lot in pop culture conversations, although I suspect it has been a gag in '80s-based movies and television programs more often than I realize.
I learned a few things about the how and why of Coke's reinvention that I had never heard, and I enjoyed this video a lot.
Overall I enjoy this channel, I just wouldn't turn to these videos as the definitive word on any of its subjects, no matter how slick and authoritative the presentation is. And that's because, like my own podcast, plenty of things are presented as fact, without a lot of substantiation.
I try to reference the online sources I look to when I research background and details on the topics of my podcast, but some of my sources are not indisputable, and I don't mention where I gathered every last factoid.
Company Man doesn't provide much attribution for its information. That's not to say that it's wrong. I have no reason to assume it is, but thus far I've found little attribution, and that doesn't reassure me that every fact and figure cited is correct. As a matter of fact, financial data of bankrupt companies are shown to illustrate points, and the information is probably accurately presented, but I have no idea. I don't have a clue if the host is an expert who knows what he's talking about or making it up as he goes along, and if the sources of his facts and figures are reliable.
Regardless, Company Man is doing something right. The channel is less than a year old, has nearly 250,000 subscribers and four videos with more than 1 million views. In the crowded world of YouTube, that's impressive.
Overall I'm entertained and I'll continue to peruse videos with topics that interest me. I won't accept the information within them as gospel, but if the subject piques my interest, perhaps I'll be inspired to do my own follow-up research.
If not, then I'll hope that at minimum I've been the benefactor of great storytelling. And that's something I can really appreciate.
If not, then I'll hope that at minimum I've been the benefactor of great storytelling. And that's something I can really appreciate.