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The proliferation of media has ensured that almost nothing can be away from the public eye. So Nike is not just what it advertises on TV or sells in its stores, Nike also is what happens in its factories.
Political parties are not just manifestoes and speeches but also embarrassments on spy cameras and revelations from tapped phone lines.
Brands are getting born (and killed) premature as the assembly line comes in the spotlight.
Network technologies like the one that is helping you read this text right now has ensured that people are able to know much more about companies than what companies are prepared for. It is not surprising that today on the Internet before you are even a product (solution), you already are a brand (image/perceived solution).
The power of collective thinking and personal broadcasting has democratized everything.
Political parties are not just manifestoes and speeches but also embarrassments on spy cameras and revelations from tapped phone lines.
Brands are getting born (and killed) premature as the assembly line comes in the spotlight.
Network technologies like the one that is helping you read this text right now has ensured that people are able to know much more about companies than what companies are prepared for. It is not surprising that today on the Internet before you are even a product (solution), you already are a brand (image/perceived solution).
The power of collective thinking and personal broadcasting has democratized everything.
Corporate thus need to do be a little (if not a lot) flexible. They need to accept the transfer of control to the consumers or at least accept them as a co-driver.
There are a lot of intelligent, constructive and enthusiastic people outside corporates and one of the first things that companies can do is to use the collective ‘wisdom’ and ‘influence’ of these folk for mutual interest.
Things like using people to test products in real life (not labs) - I call it ‘Podcasting the beta’ - are not ideas but imperatives in the future of business.
The future would witness the word secret acquiring an entirely new meaning and we would read about concepts like back-end in books to do with the historical evolution of technology & society.
There are a lot of intelligent, constructive and enthusiastic people outside corporates and one of the first things that companies can do is to use the collective ‘wisdom’ and ‘influence’ of these folk for mutual interest.
Things like using people to test products in real life (not labs) - I call it ‘Podcasting the beta’ - are not ideas but imperatives in the future of business.
The future would witness the word secret acquiring an entirely new meaning and we would read about concepts like back-end in books to do with the historical evolution of technology & society.
2 comments:
I quite like the idea of a company or brand transferring some amount of control to the consumer.. I don't see much of it happening here tho. As an aside, I think the future is about customisation. And the consumer being able to choose and design certain aspects of the product as a means to personalising the brand...
Lego did something like the co-driving you are are referring to. Here's a WIRED article that talks about the initiative:
http://www.wired.com/wired/archive/14.02/lego.html
The latest issue of WIRED also talks about Chevy and how they actually got web users to make their own spots for Chevy Tahoe. The article here:
http://www.wired.com/wired/archive/14.12/tahoe.html
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