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AskAndy: When Was the Changing Point for 7awi?
IncArabiaEn
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2 years ago
In our series of AskAndy interviews, We asked 7awi Media Group's Co-Founder and CEO Andy Abbar about the changing point for 7awi. Check his answer in the video.
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Lifestyle
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00:00
When was the changing point?
00:06
I think just like any business, you have to follow what's happening around you, be it
00:15
from a competition point of view, economics, we went through COVID.
00:22
So I think at every time there is a convergence of things that will force us to adapt and
00:29
change our path.
00:32
One of them I would say was understanding that the market dynamics have changed.
00:40
Advertisement is no longer necessarily the major revenue stream for a publisher like
00:46
Howie.
00:47
So this was the point where we started to really shift our focus from the advertisement
00:53
business to a combination of content, social media, influencers and technology.
01:00
And this I believe was our changing point at Howie.
01:03
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