Andrew Reeves
@reevesy
Andrew Reeves
The boring discomfort or ordinary life
Speed dating is making a comeback as Gen Z ditches dating apps. We shouldn't be surprised.
usatoday.com
Curation is a form of positional scarcity that we get whenever there’s an abundance of choice of something, and the average consumer needs help finding what they’d specifically like
Alex Danco • Positional Scarcity
Scarcity makes the product appealing and curation sets it apart
The bottle service club today pitches Goffman’s “action” to the world’s new elite; it encourages the rich to flaunt their riches, to display wealth for display’s sake. Bottle service clubs are predicated on conspicuous consumption, a term coined, in 1899, by Thorstein Veblen, the quirky Norwegian American economist.
Ashley Mears • Very Important People: Status and Beauty in the Global Party Circuit
Membership is also a vehicle of the modern aspiration economy. It represents a shift from doing things for the benefit of others (conspicuous consumption) to a value model where we invest in things that benefit ourselves: access, knowledge, information, experience, privacy, belonging, self-actualization. In the modern aspiration economy, consumers... See more
Ana Andjelic • From Loyalty to Membership
It’s been endlessly argued that algorithms influence too much of what we watch, listen to, read, and even think. Personal taste erodes while decision-making is outsourced to the platform. This globalization, platform persuasion, and general apathy has spilled over into all types of homogenization: the look of our coffee shops, cars, architecture,
... See moreTheir analysis depicts three distinct types of new luxury goods: accessible superpremium, old luxury brand extensions and mass prestige or mass-tige. Accessible superpremium designates products that are considered at or near the top of their categories in terms of quality, and are sold at a considerable premium. Despite the comparatively high price... See more