WebProNews

 Report: CMOs Are Sparking the Wider Digital Revolution



We Are a Marketplace That Sells Demand Generation, Says Grubhub CEO

“We are a marketplace that sells demand generation,” says Grubhub CEO Matt Maloney. “We sell growth. That’s what our primary product is. We’re not a logistics company. We do logistics because we know that’s an end to get to restaurant growth and make money off our logistics. If you’re selling consumers, you’re selling growth, and you can charge a lot for that.”

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“The AI talks to them and instead of you looking for jobs I’ll serve up jobs to you that actually match you. Our match rate of applying is 30 percent. With anybody else, it’s about nine percent.
It used to all be about websites where you’d type in a keyword and you get ten blue links back on a page. Today, when you search you just get an answer.
“It’s a great day for us to be first in the world with 5G smartphones and turning on the network,” says Verizon CEO Hans Vestberg. “We decided to turn it on today (8 days early).
“The applications market is about $125 billion per year,” says Oracle CEO Mark Hurd. “That is spent primarily on applications and most of it today is spent on on-premise applications.

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