The shrinking brand: marketing in a small world
Here's another trend for 2008: From micro-loans to micro-vacations, micro-celebrities to micro-trends, speed dating to speed cooking: the "long tail" world of consumers is becoming smaller and shorter. Products, services, and experiences are being deconstructed in easier-to-digest, easier-to-afford bits, allowing consumers to collect even more experiences, as often as possible, in an even shorter time frame. Shrinking attention spans have prompted the rise of what Wired Magazine calls "snack-size media," and the hyper-personalization of online communication has led to new formats (micro-blogs, widgets, feeds, texting, etc.) that challenge long-held marketing conventions.
The emerging "economy … Read more