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2025-05-22 08:00:00| Fast Company

Early this month, the Trump administration proposed cutting more than $1.2 billion dollars of funding for the National Park Service. Meanwhile, new polling found that public parks are beloved by almost all Americansmaking them among the least polarized third spaces remaining in the U.S.  According to a national study conducted by YouGov and published this week by the nonprofit Trust for Public Land, 89% of adults in a major U.S. city visited a public park in the last year, including 92% of 2024 Trump voters and 90% of Harris voters. The study results come at the same time that the president and congressional Republicans are trying to pass a budget that would severely restrict national park staffing and maintenance. That means local parks might play an even greater role in shaping and strengthening communities in the years to come. [Photo: Samuel Girven/Unsplash] National Parks face potential devastating budget cuts On May 2, the Trump administration released its 2026 budget plan. The document includes a proposal to cut millions of dollars of funding to national park sites, especially targeting smaller sites like national monuments and shorelines.  The National Park Service (NPS) responsibilities include a large number of sites that are not National Parks, in the traditionally understood sense, many of which receive small numbers of mostly local visitors, and are better categorized and managed as State-level parks, the budget reads. It adds that there’s an urgent need to transfer certain properties to state-level management and streamline staffing,” though the budget doesn’t allocate any additional funding to states for this purpose. [Photo: Hans-Jurgen Mager/Unsplash] Specifically, the budget recommends eliminating $900 million dedicated to the operation of national parks, $73 million to park construction funding, $77 million to recreation and preservation funding, and $197 million to the Historic Preservation Fund. Theresa Pierno, the National Parks Conservation Association president and CEO, called this the most extreme, unrealistic and destructive NPS budget a president has ever proposed in the agencys 109-year history in a press release at the time. Congress still needs to approve a version of the budget, which is currently stalled amid Republican infighting over its contents. In the meantime, the NPS has already taken several recent blows: In February, the Department of the Interior, in conjunction with the so-called Department of Government Efficiency, laid off 1,000 probationary employees, including park rangers. Another 700 workers took buyouts at the time. Early this month, the department announced plans to cut another 1,500 NPS staff members. As a result of understaffing, multiple parks, like the Florissant Fossil Beds National Monument in Colorado, have been forced to cut hours and close visitors centers, which is especially problematic given that visitors to national parks hit an all-time high last year. All the while, the Trump administration has put public lands themselves at risk by fast-tracking drilling, mining, and logging initiatives in just the first few months of his presidency. [Photo: George Rose/Getty Images] Why public parks matter across party lines Trust for Public Lands new report finds that the majority of Americans have positive associations with their public parks, regardless of political affiliation. The study shows that 79% of U.S. adults report having a park where they feel comfortable and want to visit regularly. In addition, 65% of adults report having a positive conversation in a park with a stranger over the last year, and 70% support keeping schoolyards open for the community after-hours. For those looking to live somewhere with better access to public outdoor space, the repot also includes rankings of the nations best big-city park systems. This year, Washington, D.C., came in first, followed by Irvine, California; Minneapolis; and Cincinnati. Perhaps most notably among the results, both Trump 2024 and Harris 2024 voters agree that they would pay more in taxes to improve the quality of local conservation lands, natural areas, and neighborhood parksincluding 58% of Trump voters and 85% of Harris voters. “Access to the outdoors is one of the things that we all resonate around,” says Trust for Public Land president and CEO Carrie Besnette Hauser. “It doesn’t matter whether a community leans red or blue.” In last year’s election cycle, Hauser notes, TPL supported 23 ballot measures around parks, public lands, and access to natureall of which were passed. That included several measures in ultraconservative counties in Florida and Georgia, where constituents approved projects to protect wildlife, improve water quality, and reduce damage from floods. Given the broader trends uncovered both by voting results and by polling, Hauser says the Trump administration’s proposed budget cuts to the NPS and nationally managed public lands run “completely counter to what people want, adding, “Any proposal to continue to undercut [public lands] will actually be a disservice to the American people, because they just don’t support that notion. It would be counter to any polling, any expression of interest around people’s interest in protecting these places, conserving these places, and having access to these places.”


Category: E-Commerce

 

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2025-05-22 00:34:00| Fast Company

People keep telling me that big agencies are the futurethat you need massive scale, deep pockets, and cutting-edge tech to survive. But after 25 years in this business, I’ve seen firsthand that raw creativity and genuine curiosity still drive the best work.  Sure, some folks think enterprise platforms and huge teams are the answer. I believe the future belongs to nimble agencies that can pivot quickly and bring fresh ideas to the table. The old “bigger is better” mindset is shifting. These days, brands want partners who truly get them and bring something distinctive to their work, and thats where independent agencies shine.  Why brands go independent  At MOCEAN, we’ve taken our entertainment background and applied that cinematic storytelling to everything from gaming to pharmatech. When The Cheesecake Factory came to us, we threw out the standard restaurant advertising playbook and created something more narrative-driven and alive.  Look around. Youll see that brands are increasingly turning to indies for work that cuts through the noise. Tubi and Coors Light are making waves with bold, irreverent social campaigns. NBA and Beats by Dre are connecting across generations through culturally-authentic creative. Chipotle and American Express are proving that social-first thinking drives both emotional connection and business results. None of these came from holding companiesthey’re all independent work.  Having a specific focus isn’t limiting, it’s liberating. It leads to deeper insights and work that actually resonates.  Today’s clients need to move at lightning speed, stretch their budgets further, and stay culturally relevant in an ever-changing landscape. That’s exactly what independent agencies do best.  Our flat structure means fewer hoops to jump through. Ideas move from concept to execution faster, with real collaboration along the way. While big agencies might take months to launch a campaign, independent shops like ours deliver in weeks.  Thriving talent means more innovation  Real innovation happens at small, independent shops. Top talent wants to make meaningful work. They want their ideas to see the light of day, not get lost in layers of approval. That energy is contagious.  Yes, holding companies have resources. But independents aren’t trying to be them; we’re blazing our own trail. We’re testing new tools, solving real problems, and building teams that genuinely care about doing great work.  I see it at MOCEAN all the time. Some of our most innovative AI applications have come from individuals just experimenting on their own. When people feel truly empowered, creativity flourishes.  The role of technology  We’re embracing AI, but thoughtfully, as a tool to enhance our work, not replace human creativity. We use platforms like Midjourney and ChatGPT to streamline presentations, rough out concepts, and rapidly iterate on ideas.  Some partners are still figuring out their AI comfort zone, which we completely respect. Meanwhile, we’re building expertise where it makes sense, so we’re ready to lead when the time comes.  Creative businesses will always need human insight and creative instinct. Independent agencies get that, and we protect space for it.  Clients see the difference. So does talent. More creatives are leaving big agencies for smaller, more passionate teamsplaces where the work matters more than office politics and results speak louder than processes.  Our strength comes from staying adaptable, staying curious, and putting partnership before process.  Twenty-five years in and I’ve never been more excited about what’s ahead. Creativity still wins. Curiosity still wins. And people still want to do work that moves them.  Michael McIntyre is CEO of MOCEAN. 


Category: E-Commerce

 

2025-05-22 00:05:00| Fast Company

Customer retention is more than a buzzwordit is a proven driver of sustainable growth and profitability. Sounds like common sense? Think again. Customer churn is on the rise.   Yet, while many organizations recognize the value of keeping customers, far fewer appreciate the full spectrum of losses that arise when performance is merely good enough. The hidden costs of unremarkable customer experiencelost profit margins, missed cross-sell opportunities, shorter customer lifespans, fewer referrals, and reduced purchase volumescan quietly erode the bottom line. These losses are often multiplied by the ripple effects of customer complaints or service failures, which extend far beyond immediate transaction.  The well-proven benefits of customer retention  Despite the overwhelming evidence, many companies still chase short-term sales incentives or focus on launching new and improved products, neglecting the reliable, long-term value of customer loyalty. They view retention as a binary effortkeeping the customers or losing them. In reality, it is not. Under the surface of customer relationships, there are further opportunities to capture and enhance the strength and longevity of the relationships.   Cost efficiency: Acquiring a new customer is five to seven times more expensive than keeping an existing one. This makes retention a far more efficient use of marketing and operational resources.  Revenue growth and profitability: The first product you sell to a customer is usually not the last one you hope to sell. Business growth from existing customers and improved margins are directly linked to the value delivered in the first sales interaction. If it was boringly predictable, the customers will not be interested in growing the relationships. What would the impact on your business be if every customer decides to purchase one more product?  Customer lifetime value (CLV): The longevity of a customer relationship is another critical dimension of the health of the relationship and the power of retention. What will the impact on your business be if a customer decides to extend their lifetime by one more year?  Predictability results in smart investment: Loyal customers provide steady, recurring revenue, enabling better forecasting and strategic investments. Such stability allows you to invest in new products, adapt new technologies, and expand into new marketsas opposed to reserving your investments and staying behind. What will you do differently if you would be provided with revenue stability?  More customers, by referrals: Referrals are gold. But how many of them do you actually receive? What would the impact on your business be if 505 of your new customers came from previous customers? What would you customer acquisition cost look like? What would you do with the savings?  These benefits show that the path to profitability is often shortest when it focuses on reducing the currency and maximizing customer value.  Boring performance leads to further losses  If the benefits of retention are not compelling enough, the hidden costs of mediocrity should be. Deciding to take the customer for granted and delivering less than remarkable value comes with a price. You thought you saved money. Think about the hidden losses you have created. Too often, companies see customers as single product or service purchasers, not as long-term partners with substantial lifetime value. This narrow view leaves significant value on the table and blinds organizations to the deeper financial consequences of failing to deliver exceptional experiences.  1. Tougher negotiationsgreater profit compromises  When customer experience is boringly predictable, price becomes the primary battleground. Disappointed customers are more likely to demand discounts or concessions, eroding profit margins. In B2B environments, this effect is even more pronounced, as clients leverage the threat of switching to competitors to negotiate deeper discounts. The absence of a differentiated, memorable experience makes it easy for customers to walk awayor to squeeze suppliers on better terms.  2. Loss of future products purchases  Customers, unimpressed by their experience, are unlikely to explore additional products or services. Cross-selling and upselling options are routinely missed when the customer relationship is transactional rather than relational. Research consistently shows that personalized and relevant recommendations drive sales, but mediocre experiences stifle these opportunities.  3. Losses in customer relationship longevity  Unremarkable experiences accelerate customer churn. Each lost customer represents not just a single transaction, but the entire future value of that relationship. Companies that accept churn as a cost of doing business, rather than a solvable problem, forfeit millions in potential revenue and incur additional costs to replace lost customers.  4. Loss of future customers referrals  Referrals are the gold standard of customer endorsement. Exceptional experiences inspire real recommendations that bring in new customers with no acquisition cost. Conversely, dissatisfied customers are not only less likely to recommendthey are more likely to share negative experiences, amplifying reputational damage and deterring potential new business.  5. Reduction in purchase volume  Customers who receive unremarkable value often reduce their spending over time, spreading purchases across multiple vendors to minimize risk. Without a compelling reason to consolidate business, companies lose out on the larger share of wallet that comes from loyal, engaged customers.   Why hidden losses persist  If the financial case is so clear, why do so many organizations fail to prioritize customer retention and experience? Several factors contribute:  Short-term focus: Shareholder and leadership pressure often drive companies to pursue quick wins at the expense of long-term investment in customer relationships.  Inertia: Many organizations assume customers will tolerate mediocre experiences rather than switch, underestimating the ease with which customers can move to competitors.  Fragmented ownership: Customers are often owned by different departmentsmarketing, sales, servicewithout a unified view of lifetime value or coordinated retention strategy.  Lack of definition: Few companies have a clear, actionable definition of what constitutes an exceptional ustomer experience, making it difficult to set goals or measure progress.  Incomplete data: Without comprehensive data on customer behavior and value, organizations struggle to make informed decisions about where to invest in experience improvements.  Product-centric culture: A focus on products and features, rather than customer needs and journeys, relegates the customer to an afterthought.  Misaligned metrics: Traditional satisfaction scores may not accurately reflect the true impact of customer experience on retention and growth.  Missing tools and training: Employees often lack the resources, training, and empowerment needed to deliver truly exceptional experiences.  Boring is not an option  Delivering an unremarkable value to customers is not just an act of taking them for granted and belittling their intelligence. It comes with a heavy price. While customer retention is the cost we see on the surface, it is well understood. The hidden losses from unremarkable performance expose a deeper, more profound case of evaluating the performance. Providing exceptional customer experience is more than about keeping customers. It is about protecting profit margins, unlocking cross-sell potential, extending customer lifespans, generating referrals, and maximizing purchase volume.   In a customer-first economy, investing in exceptional experiences is no longer optional. Organizations must honestly assess their customers commitment, confront the obstacles to delivering on retention strategies, and understand the full scope of losses that come from settling for good enough. Only then can they make the strategic decisions necessary to stand out, build lasting relationships, and thrive in a competitive marketplace.  Lior Arussy is the cofounder and chairman of ImprintCX. His latest book is Dare to Author!  


Category: E-Commerce

 

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