16 Feb
From the Desk of John Kumpunen:
In a VillageEconomy, there was no need for marketing. There was the blacksmith, the seamstress, the storekeeper. It was a closed loop, everybody knew everybody and everybody gave their business to one another.
And before long, the affluent CityEconomy was full of all kinds of products. But excess is not success. Too many products fighting for the consumer attention. We’re now in a crisis of overproduction and choking from excess. Somebody counted 437 different mp3 players. And 20,000 brands of beer? Do we really need that many brands of beer (since 15% of us Homer Simpsons drink 85% of all the beer)?
Michael Masterson’s ETR reported that 95% of books out there sell fewer than 100 copies. I had no idea. A recent guest on Coast to Coast openly confessed he had written 165 books. Shocking. Like Stephen King. How about just ONE really good book? Thankfully, Steve Jobs spaces the new iPods at least 4-6 months apart! Four-month planned obsolescence I can take LOL.
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