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next economy following the agrarian economy, the industrial economy, and the most recent service economy.

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10y ago

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What is transformation economy?

If a brand is a promise of a GUARANTEED EXPERIENCE you are doing business in the transformation economy. VALUE CREATION EVOLVES FROM MATERIAL / UNDIFFERENTIATED ECONOMIC OFFERS TO... Agricultural Economy Industrial Economy Service Economy Experience Economy Transformation Economy ... IMMATERIAL / DIFFERENTIATED ECONOMIC OFFERS. Example: insurance (being sure of payment in case of damage or injury; service economy) assurance (feeling of serenity, e.g. regaining self-confidence after an accident; experience economy) ensurance (guarantee over event, situation or result; transformation economy) From Pine & Gilmore, The Experience Economy (1999) More info on my weblog: http://tomvanbrunschot.typepad.com/transformationeconomy/2007/04/selfimprovement.html


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