Saving Germans squirrel away 10% of disposable income regardless of economic crises or interest rates, double that of the average European or American. Only Swedes & Swiss save more. In contrast, Britons save about 3%. In 2016, their savings rate was actually negative. 1778: world’s 1st savings bank founded in Hamburg. Most Germans view the…
Tag: value
Exchange Most transactions now occur with no monetary exchange. Statistics only measure activities with money value, so these barter deals get omitted. Example: “Free” apps for smartphones. They aren’t really free; we get them in exchange for giving up personal data or accepting advertisements Guessed the Word? Series 41 (7/9) …
Insurgents Highly-skilled people from consulting firms have dispersed into insurgentsoffering dynamic, versatile & value-for-money services. Professional gig workers are thriving in stealth, snatching work from industry giants, who are more fragile than agile. >1/5th of UK projects, worth £2bn ($2.6bn) go to independent consultants. Global consulting = £180bn ($232bn) a year Guessed the Word? …
Evergreen Just as evergreens signify permanence, brands can pass on emotional values down the years. Despite company failure, the best brands have a long-lasting romance & history, which can be re-invigorated Guessed the Word? Series 35 (4/8) [pic: Kappa]
Yet Shredded, yet twice as valuable as before. Voted UK’s 2017 best-loved artwork. Self-destructed via hidden mechanism in frame moments after auction sale of £1.04m ($1.37m) on 5 Oct. Value isn’t fixed or tangible; it’s embedded in perceived benefit in the beholder’s mind Guessed the Word? Series…
Eyeball auction Highest bidding advertiser gets to show their ad to web page viewer in > 1/10th of a second from loading the page. Cookie data – location, gender, age, likes, dislikes – indicates how valuable that customer could be, so how much to bid (while placing new cookies for future use) Guessed the Word? …
Longevity Consumers now value sustainability, simplicity, longevity. ‘Planned obsolescence’ doesn’t work when they want to build and keep a relationship with the product/ service provider. Back to the future Guessed the Word? Series 20 (6/6) [pic: Royal Enfield]
Guess the Word and Contact Us for prizes! Series 14 starts soon. 1st letter of each post Title (in a Series) spells a business word (spelt correctly, backwards, jumbled up or as an anagram). Previous answers: Series 13 spelt V-E-L-U-A (VALUE) Series 12 spelt T-O-Q-U-E (QUOTE) Series 11 spelt B-O-J-S (JOBS) Series 10 spelt H-A-R-K-M-A-L-L (HALLMARK) Series 9 spelt B-U-G-T-E-D…