Fools and their money ...
Read the following excerpt and see if you can guess the consumer item being discussed in the article:
Give up? It's Evisu, of course, and a bargain at US$625 they are.
If I could understand words like "surfeit", "nascent" and "connoisseurship" I might be smart enough to earn the kind of money needed to be able to afford such goodies. Evisu sells almost exclusively to more-money-than-sense, daddy-doesn't-love-me-he-just-gives-me-money liberals, wouldn't you think?
And niche, as John Seely Brown, a marketing expert who is a visiting scholar at the Annenberg Center at the University of Southern California, recently prophesied, is the future of consumer marketing.Exotic foods? Jewellery? Kick-arse cars? Not even close. Here's a clue, the most sought after of these come from Japan.
Both the surfeit and the numbing sameness of goods on the market have conspired to produce a nascent cult of connoisseurship, experts like Mr. Brown say. In this new marketing sphere, even ordinary objects can be told apart by consumers whose extreme discernment becomes a subtle way of signaling status. Like Luis Buñuel's Tristana, Mr. Brown's new niche consumer can see three peas on a plate and know instantly which is the best.
"Every consumer decision now carries with it class and status implications in a way it didn't used to," said Barry Schwartz, the author of "The Paradox of Choice: Why More is Less" (Ecco Books, 2005). "As you add dimensions to goods, you add ways in which people can distinguish themselves." Thus is created a perpetual chase after status and cool.
"You can never relax," Mr. Schwartz said.
Give up? It's Evisu, of course, and a bargain at US$625 they are.
If I could understand words like "surfeit", "nascent" and "connoisseurship" I might be smart enough to earn the kind of money needed to be able to afford such goodies. Evisu sells almost exclusively to more-money-than-sense, daddy-doesn't-love-me-he-just-gives-me-money liberals, wouldn't you think?
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