Tuesday, December 10, 2024

NEW INC. MAGAZINE COLUMN FROM HOWARD TULLMAN

 

The state of the movie theatre industry today tells you a lot about what we’re missing: shared experiences, both in work and life. 

EXPERT OPINION BY HOWARD TULLMAN, GENERAL MANAGING PARTNER, G2T3V AND CHICAGO HIGH TECH INVESTORS @HOWARDTULLMAN1

DEC 10, 2024

Don’t expect any rational adult to be returning to traditional movie theatres any time soon – if ever. Unless they’re dragged there by their pre-teen kids to watch the sixth sequel to some animated comic-book story or some hyper-marketed and painfully bloated film version of a musical like Wicked, where you can spend some 2 ½ hours watching what turns out to be only the first half of the story.

Anything worth watching for more than 30 minutes today requires only the patience to wait for the streamed version and the prescience to have subscribed to the correct number of streaming services. That, or the utter laziness to have failed to have cancelled the bulk of those subscriptions for lack of use. No one ever said it better than Springsteen, complaining about “57 Channels (And Nothin’ On).” The same is true now that we’ve reached 570 channels. There’s no question that we spend more time jumping around from service to service and show to show than we do watching anything from start to finish. It’s just so very hard to convince yourself that the total time investment is worth your while.  

Why There’s Nothing to Share

How sad and unfortunate, because in the old days there was nothing quite as powerful, inexpensive and rewarding as the shared experience in a darkened theatre where a rapt audience was engaged and enthralled in the film rather than snacking, sleeping, acting out, or exploring their mobile phones while imagining they were elsewhere. Boorish behavior, Covid-19, crime, crazy inflated ticket prices, filthy facilities, and a fortune for food also helped to kill the classic grand venues and the golden goose. Watching anything on the miniscule screens inside one of the dozen little boxes that make up the typical multiplex is akin to feasting on faux Italian cuisine at an Olive Garden. Most of the time, the movies today are more about popcorn and peanuts than the feature.

Even if you never really thought that the movie crowd was actual company – just as “friends” on Facebook have nothing to do with authentic friendship – we still all miss the idea of gathering in some place with like-minded and well-intentioned folks to actively participate in a real-time physical experience. One in which you may be jostled but never crowded and, more importantly, never felt alone. Sporting events and rock concerts (if you’ve got four or five hours to commit) are as close as we come to a singular sensation that feels both reassuring and real. People show up, they share, and they care.

Hello Loneliness, I Think I’m Gonna Cry

We’re all looking in the post-pandemic world for opportunities to escape the isolation, loneliness and the pent-up unhappiness of being shut-in while being shut out. When you’re working alone at home, sitting in front of a computer screen and pretending that it’s “social”, and feeling that the world (if you believe the made-up images and lies online) is passing you by.

In part, this longing to get back to the past is a melancholic and nostalgic fantasy, but it also reflects a critical migration that’s important for every business. We want to get out of our heads and re-enter the real world; we’re not sure where we’re going, but we’re certain that we won’t be returning to the lock-down and lock-ups of the recent past. Been there, never want to do that again.

We’re moving along a continuum of demand and engagement, from the early days of texts and pictures through videos and TikTok and onward – some might say backward – toward a new era of experiential everything. Not digital, not virtual, not simulated, but simply tangible and concrete.

Because the critical component of the process is necessarily, but not exclusively, tactile rather than technical or mechanical, I don’t expect any mass market adoption of the VR googles, glasses, headsets or other devices which the tech bros are now flogging. That’s mainly because they’re not inclusive or truly immersive; if anything, they’re even more isolating and sterile than staring into a screen all day. Even the best ads for the new Meta Quest headsets make the user look like an idiot stumbling around a room, lost in a CG morass, or just punching widely into the air.

Audit Your Business for Its Human Quotient

We most likely leaped far too quickly over the “experience economy” in many ways and now we need to find our way back for ourselves and for our businesses. Hat tip to my friend Joe Pine for his early work in this area. For reasons of speed, cost and convenience, our technologies have sucked most of the joy and intimacy out of the basic services and interactions we rely upon daily. We’re slowly re-discovering that we miss the welcome, warmth and comfort of the familiar, casual and personal ways we used to behave with others – whether it was in a retail content, an entertainment venue, a medical facility, a school, or anywhere else. And we’ve reached a point where the solutions most likely need to be face-to-face rather than even side-by-side in a darkened theatre.

Every business needs to review and audit their front-line and front-of-house dealings with consumers, customers and prospects to determine just how up close and personal – how warm and welcoming – their stores, offices, venues and buildings presently are. Suffice it to say, for the moment, they’ll be surprised, if not shocked, at just how cold, foreboding and sterile these environments have become and how unappealing they appear to the outside world.

How Automation Dehumanized Us Without Improving Anything

“Personal” banking is an easy and oxymoronic example. Shrinking their public-facing spaces, eliminating cash transactions and other services, removing tellers and substituting ATMs, and, of course, substantially stepping up their security have turned our neighborhood bank branches into harsh and intimidating places with a few humans caged behind bullet-proof glass and a bunch of now empty and unused offices gathering dust and awaiting the latest renovations into Capital One cafes and quasi-coffee houses. If you’re looking for a public place to camp out (and get out of the house), and Starbucks has clearly decided by shrinking their stores that they no longer want to be your workplace, I guess any port in a storm will do.   

The math can’t possibly work for the banks over the long-term as they try to substitute Keurig machines for tellers and my sense is that they’re already retreating from this approach. It’s hard to fake familiarity and feelings – a bank will never be your best buddy.

Medical offices have mainly exchanged the old wads of paper forms attached to clipboards for tablets and iPads, kiosks, or mobile apps which are redundant, painfully long, and often indecipherable. They demand information such as prescription and medication lists from you that are never readily available or days and dates of long past surgical procedures that have nothing to do with present concerns.

Every office in the medical world is largely an island (for various regulatory and competitive reasons) and the computer companies that provide and support the world of electronic medical records absolutely hate the idea of the kinds of interoperability that would make all our lives easier. Here again, finding a helpful human – still hidden behind barriers of one kind or another – is a difficult task and one that most often makes you feel like you are an imposition rather than a patient seeking information, support, comfort and care.

Fast food outfits that now deploy kiosks and drive-through screens instead of face-to-face service are another way in which we’ve dehumanized these environments and removed every possible vestige of connection and intimacy from the process. (Here again, the good news is that the fast-food giants are already bagging many of the new digital systems.) These machines stare back at us without warmth and are far more confusing, intolerant and punitive of entry errors or order changes than even the slowest human team member. It’s hard to imagine that challenging and intimidating your customers is the best opening gambit for a successful visit and sale.   

But businesses have grown to trade off unpleasant customer experiences in exchange for speed, access and convenience – not to mention cost cutting and automation – without appreciating that we are undermining our true connection with our clients and sacrificing long-term brand value and customer loyalty in the name of short-sighted efficiencies and savings. Savings which may not even be effective or worthwhile.

As we face an increasingly uncertain future, it makes a lot of sense to take the time to look at the way things were. Maybe we need to go back to the one-on-one way we once treated each other to reach a more authentic, empathetic and successful future.