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Progression of Economic Value (POEV) and the Birthday Celebration.
Citation preview
TheThe
ExperienceExperience
EconomyEconomy
TheThe
BirthdayBirthday
ExperienceExperience
American Economic Timeline
Commodities
• Raised, Mined, Harvested
• Animal, Mineral, Vegetable
• Raw, Fungible Offerings
The Agricultural Economy
Goods
• Tangible offerings manufactured from
commodities
The Industrial Economy
Services
• Intangible activities delivered on behalf of
individual customers
The Service Economy
Experiences
• Memorable events that engage individuals in
an inherently personal way
The Experience Economy
MakeMake
GoodsGoods
CommoditiesCommodities
ExtractExtract
DeliverDeliver
ServicesServices
StageStage
ExperiencesExperiences
Progression of Economic ValueProgression of Economic Value
Natural stuffNatural stuff
Tangible thingsTangible things
Intangible activitiesIntangible activities
Memorable eventsMemorable events
Agrarian EconomyAgrarian Economy
Industrial EconomyIndustrial Economy
Service EconomyService Economy
Experience EconomyExperience Economy
Experiences are staged events whose value lies in engaging individuals in a personal way.
In the Experience Economy
Work is Theatreand
Every Business is a Stage