May 13, 2025 • 6 mins
Woolworths plans to go through a major “reset” by cutting grocery prices to regain its declining market share.
Life360, the family tracking app, has seen its shares jump more than 13%... after its paid subscriptions skyrocketed.
Fox Corp is launching its own streaming service, called Fox One, but it doesn’t want to kill its pay-TV in the process.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:05):
This is what the Flux. I'm Brett and I'm Justin
and it's Wednesday, the fourteenth of May.
Speaker 2 (00:09):
Dozyboy. While the trade wars between the US and China
maybe on pause for now, Australia's beef market has well
and truly benefited over the last six weeks or so.
Speaker 1 (00:18):
Get this one.
Speaker 2 (00:19):
Australia exported a record amount of beef of the month
of April. That's because with tariffs on Chinese goods into
the US and vice versa, China ramped up its imports
of Australian beef.
Speaker 1 (00:28):
Australia benefiting from the major beef between the US and China.
Sixty seven percent of the Flux family said they struggle
to track their spending every single month, and that is
because they're either doing it by paper in their notes
out even on a really poor spreadsheet. That is why
the Flux budgeting tool is so valuable. It tracks all
you're spending in the one place and categorizes all your
spending to show you how much and where you're spending
(00:50):
every single month. So don't go back to paper or spreadsheets.
Make sure to download flocks out to check it out.
Speaker 2 (00:56):
Three concise stories today Dozy Boy, let's do it for
our first. Woolies is planning to go through a major
reset by cutting grocery prices to regain its declining market share.
Speaker 1 (01:07):
Well, it's panicking that Coals is cutting their literal lunchy man,
so tell me all.
Speaker 2 (01:11):
Woolies is one of Australia's big two supermarket giants.
Speaker 1 (01:14):
Together with Coals, they control around seventy three percent of
Australia's one hundred billion dollar grocery sector.
Speaker 2 (01:20):
Now, Woolies has had a rough public relations run over
the past couple of years.
Speaker 1 (01:24):
Yep, there were CEO missteps, there was an acid probe
and now they're no longer the main supermarket for Ozzie's
and now.
Speaker 2 (01:30):
Wooly CEO has announced plans to cut prices across nearly
four hundred products.
Speaker 1 (01:34):
At an average of a ten percent reduction.
Speaker 2 (01:36):
And Jazie Boy, the Wooly CEO, says it's all about
rebuilding trust.
Speaker 1 (01:40):
Code word for trying to recover lost market share.
Speaker 2 (01:43):
The plan is to invest over one hundred million bucks
in this pricing shift, and the man, like Coals has
done already, the focus is on deeper but fewer discounts.
Speaker 1 (01:51):
In particular, on the known value items, So what is
the key learning here? Known value items aka kvis are
products that consumers purchase often and are highly priced sensitive about.
Think milk, think bread, think pasta and eggs.
Speaker 2 (02:06):
All the questions that politicians get hit with and often
get wrong.
Speaker 1 (02:10):
Yep, and be man. Research by Bane, the consulting firm,
shows that shoppers don't remember every special they see.
Speaker 2 (02:15):
But they do remember the price of milk, bread and pasta.
Speaker 1 (02:18):
So if a supermarket nails the price of their kvis,
customers assume everything is cheap. Woolies is hoping to reprogram shoppers'
brains to think wool is cheap again. Yep. The hope
is that this shift will change our shoppers view their
brand long term. Yeah.
Speaker 2 (02:31):
Pre pandemic, forty four percent of Australians listed Woolies as
their main supermarket, but now it's just thirty seven percent,
So be man.
Speaker 1 (02:38):
Woolies is hoping these price carts will help reshape their
consumer perception and make them a number one once again.
Speaker 2 (02:44):
For our second story, Life three sixty, the family tracking
app has seen its share price jump more than thirteen
percent after its paid subscriptions skyrocketed.
Speaker 1 (02:53):
Tracking your off spree is now just good parenting and
not preepy, So tell me more well.
Speaker 2 (02:58):
Life three sixty is a US based company that launched
in two thousand and eight and it listed on the
ASX in twenty nineteen.
Speaker 1 (03:03):
Yeah. It offers family location sharing and safety features, one.
Speaker 2 (03:07):
Of the first apps to make tracking your child's every
move feel more love based than lawsuit.
Speaker 1 (03:13):
Worthy and b Man. Life three sixty CEO reckons that
its tracking products have become a daily essential for families
and be Man. The numbers kind of agree with him,
because Life three sixties revenue jumped over thirty two percent
for the March quarter, and as paying subscribers grew forty
three percent as well. The only hiccup was in its
hardware sales from products like tile, which dropped thirteen percent.
Speaker 2 (03:33):
But investors didn't care one bit because its share price
spiked thirteen percent.
Speaker 1 (03:38):
And that's because Life three sixties revenue mix is looking
a lot more juicy.
Speaker 2 (03:42):
So what is the key learning here?
Speaker 1 (03:44):
Not all revenues are created equally.
Speaker 2 (03:46):
You see juz Boy, Life three sixty has consistently shifted
its revenue mix over the past few years.
Speaker 1 (03:51):
And be Man investors love subscription based businesses because they're
predictable and have a recurring revenue yeap.
Speaker 2 (03:56):
Life three sixty has two point four million pay customers,
which means a consistent stream of income month after month,
and even.
Speaker 1 (04:03):
If it's hardware sales dips, the recurring revenue cushions the blur.
Speaker 2 (04:06):
But it's not the only reason that investors love subscriptions.
Speaker 1 (04:09):
Nope. The other reason is subscription models also scale really well.
Speaker 2 (04:13):
Yep. Once a platform is up and running, it generally
cost peanuts to add more users, and with Life three
sixties new revenue mix, it's no surprise that its share
price went up thirteen percent.
Speaker 1 (04:23):
For our third and final story, Fox Corp. Is launching
its own streaming service called Fox One that it doesn't
want to kill it's PATV business. In the process, another
streamer enters the group chat tell me more so. Twenty
first century Fox was the big shop media empire behind
twentieth century Fox National Geographic, as well as Fox News
and Fox Sports.
Speaker 2 (04:41):
That you'll remember. In twenty nineteen, Disney came along and
acquired the majority of twenty first century Fox's assets, But
Disney didn't buy Fox News, Fox Sports, and Fox Entertainment,
which now sits under the Fox.
Speaker 1 (04:52):
Corp brand and then man, these are some of the
OG channels in the PATV game, or keyble as the
Americans like to call it.
Speaker 2 (04:58):
And now Fox Corp. Has announced plans to launch a
new streaming service called Fox One to compete against the
big dogs and cats of streaming.
Speaker 1 (05:06):
And Fox's goal is to attract what they call cord never's.
Speaker 2 (05:09):
In other words, people who have never paid for cable
TV in their life.
Speaker 1 (05:13):
Because they're desperate not to lose their existing PATV customers
as part of this new offer.
Speaker 2 (05:18):
So what is the key learning here?
Speaker 1 (05:20):
Product cannibalization is when a company's new product eats into
the market share or revenue of an existing product.
Speaker 2 (05:25):
Ideally, you launch something new to expand your total market.
Speaker 1 (05:28):
But sometimes your latest innovation just ends up eating some
of your existing offering. A classic example is Apple and
the iPhone YEP. When Apple launched the iPhone in two
thousand and seven, the iPod was absolutely booming.
Speaker 2 (05:40):
But the iPhone did everything the iPod did, plus a
whole lot more, and by twenty eleven, the iPhone sales
had overtaken iPod sales and eventually obliterated the iPod altogether.
Total cannibalization.
Speaker 1 (05:51):
But the man. If Apple didn't launch the iPhone, someone
else would have filled that innovation gap.
Speaker 2 (05:56):
And the iPod would have faded away anyway.
Speaker 1 (05:59):
So Apple chose to disrupt itself rather than let someone else.
Speaker 2 (06:02):
Do it, and does it boy. While Fox is trying
not to cannibalize its cable customers with Fox one, sometimes
cannibalization needs to become a strategic move to just stay relevant.
Speaker 1 (06:11):
Seventy three percent of the Flex family have absolutely no
idea how much money they spend each and every month,
and that means it becomes a lot harder to say.
That's why the Flux Budgeting tool helps you identify how
much you've spent each and every month, compares it against
the last month, and even categorizes all your transactions. It
takes less than thirty seconds to connect and will help
you get on your saving journey. Make sure to download
the Flux app and check out the budgeting tool.
Speaker 2 (06:33):
Thanks for listening, and we'll see you on Friday.
This is what the Flux. I'm Brett and I'm Justin
and it's Wednesday, the fourteenth of May.
Speaker 2 (00:09):
Dozyboy. While the trade wars between the US and China
maybe on pause for now, Australia's beef market has well
and truly benefited over the last six weeks or so.
Speaker 1 (00:18):
Get this one.
Speaker 2 (00:19):
Australia exported a record amount of beef of the month
of April. That's because with tariffs on Chinese goods into
the US and vice versa, China ramped up its imports
of Australian beef.
Speaker 1 (00:28):
Australia benefiting from the major beef between the US and China.
Sixty seven percent of the Flux family said they struggle
to track their spending every single month, and that is
because they're either doing it by paper in their notes
out even on a really poor spreadsheet. That is why
the Flux budgeting tool is so valuable. It tracks all
you're spending in the one place and categorizes all your
spending to show you how much and where you're spending
(00:50):
every single month. So don't go back to paper or spreadsheets.
Make sure to download flocks out to check it out.
Speaker 2 (00:56):
Three concise stories today Dozy Boy, let's do it for
our first. Woolies is planning to go through a major
reset by cutting grocery prices to regain its declining market share.
Speaker 1 (01:07):
Well, it's panicking that Coals is cutting their literal lunchy man,
so tell me all.
Speaker 2 (01:11):
Woolies is one of Australia's big two supermarket giants.
Speaker 1 (01:14):
Together with Coals, they control around seventy three percent of
Australia's one hundred billion dollar grocery sector.
Speaker 2 (01:20):
Now, Woolies has had a rough public relations run over
the past couple of years.
Speaker 1 (01:24):
Yep, there were CEO missteps, there was an acid probe
and now they're no longer the main supermarket for Ozzie's
and now.
Speaker 2 (01:30):
Wooly CEO has announced plans to cut prices across nearly
four hundred products.
Speaker 1 (01:34):
At an average of a ten percent reduction.
Speaker 2 (01:36):
And Jazie Boy, the Wooly CEO, says it's all about
rebuilding trust.
Speaker 1 (01:40):
Code word for trying to recover lost market share.
Speaker 2 (01:43):
The plan is to invest over one hundred million bucks
in this pricing shift, and the man, like Coals has
done already, the focus is on deeper but fewer discounts.
Speaker 1 (01:51):
In particular, on the known value items, So what is
the key learning here? Known value items aka kvis are
products that consumers purchase often and are highly priced sensitive about.
Think milk, think bread, think pasta and eggs.
Speaker 2 (02:06):
All the questions that politicians get hit with and often
get wrong.
Speaker 1 (02:10):
Yep, and be man. Research by Bane, the consulting firm,
shows that shoppers don't remember every special they see.
Speaker 2 (02:15):
But they do remember the price of milk, bread and pasta.
Speaker 1 (02:18):
So if a supermarket nails the price of their kvis,
customers assume everything is cheap. Woolies is hoping to reprogram shoppers'
brains to think wool is cheap again. Yep. The hope
is that this shift will change our shoppers view their
brand long term. Yeah.
Speaker 2 (02:31):
Pre pandemic, forty four percent of Australians listed Woolies as
their main supermarket, but now it's just thirty seven percent,
So be man.
Speaker 1 (02:38):
Woolies is hoping these price carts will help reshape their
consumer perception and make them a number one once again.
Speaker 2 (02:44):
For our second story, Life three sixty, the family tracking
app has seen its share price jump more than thirteen
percent after its paid subscriptions skyrocketed.
Speaker 1 (02:53):
Tracking your off spree is now just good parenting and
not preepy, So tell me more well.
Speaker 2 (02:58):
Life three sixty is a US based company that launched
in two thousand and eight and it listed on the
ASX in twenty nineteen.
Speaker 1 (03:03):
Yeah. It offers family location sharing and safety features, one.
Speaker 2 (03:07):
Of the first apps to make tracking your child's every
move feel more love based than lawsuit.
Speaker 1 (03:13):
Worthy and b Man. Life three sixty CEO reckons that
its tracking products have become a daily essential for families
and be Man. The numbers kind of agree with him,
because Life three sixties revenue jumped over thirty two percent
for the March quarter, and as paying subscribers grew forty
three percent as well. The only hiccup was in its
hardware sales from products like tile, which dropped thirteen percent.
Speaker 2 (03:33):
But investors didn't care one bit because its share price
spiked thirteen percent.
Speaker 1 (03:38):
And that's because Life three sixties revenue mix is looking
a lot more juicy.
Speaker 2 (03:42):
So what is the key learning here?
Speaker 1 (03:44):
Not all revenues are created equally.
Speaker 2 (03:46):
You see juz Boy, Life three sixty has consistently shifted
its revenue mix over the past few years.
Speaker 1 (03:51):
And be Man investors love subscription based businesses because they're
predictable and have a recurring revenue yeap.
Speaker 2 (03:56):
Life three sixty has two point four million pay customers,
which means a consistent stream of income month after month,
and even.
Speaker 1 (04:03):
If it's hardware sales dips, the recurring revenue cushions the blur.
Speaker 2 (04:06):
But it's not the only reason that investors love subscriptions.
Speaker 1 (04:09):
Nope. The other reason is subscription models also scale really well.
Speaker 2 (04:13):
Yep. Once a platform is up and running, it generally
cost peanuts to add more users, and with Life three
sixties new revenue mix, it's no surprise that its share
price went up thirteen percent.
Speaker 1 (04:23):
For our third and final story, Fox Corp. Is launching
its own streaming service called Fox One that it doesn't
want to kill it's PATV business. In the process, another
streamer enters the group chat tell me more so. Twenty
first century Fox was the big shop media empire behind
twentieth century Fox National Geographic, as well as Fox News
and Fox Sports.
Speaker 2 (04:41):
That you'll remember. In twenty nineteen, Disney came along and
acquired the majority of twenty first century Fox's assets, But
Disney didn't buy Fox News, Fox Sports, and Fox Entertainment,
which now sits under the Fox.
Speaker 1 (04:52):
Corp brand and then man, these are some of the
OG channels in the PATV game, or keyble as the
Americans like to call it.
Speaker 2 (04:58):
And now Fox Corp. Has announced plans to launch a
new streaming service called Fox One to compete against the
big dogs and cats of streaming.
Speaker 1 (05:06):
And Fox's goal is to attract what they call cord never's.
Speaker 2 (05:09):
In other words, people who have never paid for cable
TV in their life.
Speaker 1 (05:13):
Because they're desperate not to lose their existing PATV customers
as part of this new offer.
Speaker 2 (05:18):
So what is the key learning here?
Speaker 1 (05:20):
Product cannibalization is when a company's new product eats into
the market share or revenue of an existing product.
Speaker 2 (05:25):
Ideally, you launch something new to expand your total market.
Speaker 1 (05:28):
But sometimes your latest innovation just ends up eating some
of your existing offering. A classic example is Apple and
the iPhone YEP. When Apple launched the iPhone in two
thousand and seven, the iPod was absolutely booming.
Speaker 2 (05:40):
But the iPhone did everything the iPod did, plus a
whole lot more, and by twenty eleven, the iPhone sales
had overtaken iPod sales and eventually obliterated the iPod altogether.
Total cannibalization.
Speaker 1 (05:51):
But the man. If Apple didn't launch the iPhone, someone
else would have filled that innovation gap.
Speaker 2 (05:56):
And the iPod would have faded away anyway.
Speaker 1 (05:59):
So Apple chose to disrupt itself rather than let someone else.
Speaker 2 (06:02):
Do it, and does it boy. While Fox is trying
not to cannibalize its cable customers with Fox one, sometimes
cannibalization needs to become a strategic move to just stay relevant.
Speaker 1 (06:11):
Seventy three percent of the Flex family have absolutely no
idea how much money they spend each and every month,
and that means it becomes a lot harder to say.
That's why the Flux Budgeting tool helps you identify how
much you've spent each and every month, compares it against
the last month, and even categorizes all your transactions. It
takes less than thirty seconds to connect and will help
you get on your saving journey. Make sure to download
the Flux app and check out the budgeting tool.
Speaker 2 (06:33):
Thanks for listening, and we'll see you on Friday.
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