miercuri, 7 septembrie 2016

Seth's Blog : A hierarchy of value when everything functions

A hierarchy of value when everything functions

Hierarchy of valueWhen two things offer simply the same appropriate level of function, we'll choose the cheap one.

But if one offers more connection than the other, it is worth more. This hotel over that one. Where is the tribe, do people like me do things like this, who's there, will they miss me, do I trust them, have I been here before...

If two items offer connection, but one offers the approval and sexiness that style brings, some of us will pay extra for that. After all, style promises ever more connection.

And at the top of the hierarchy is our quest for scarcity, desire and the hotness of now. 

In a market like smartphones, it's pretty clear that it's really difficult to offer more function than the other guy. And the quality of connection, the very attribute that fuels the smartphone, was surrendered to the app makers a long time ago. Which leaves the sexiness of a drop-dead case and the urgency of the latest model.

What do you and your team offer? Where are you in the hierarchy?

Most freelancers have been so beaten down in the quest to make a go of it, they stop at function and take what they can get. Some businesses (small and large) find the patience and guts to offer connection or even style. And every once in awhile, an idea and an organization come along that promise to share the elusive hot that sits atop the pyramid.

So, buy a Harley, not because it can move you from here to there cheaper, but because it comes with a tribe. And buy that Nars lipstick because of the way it makes you feel. And get on line for that new gadget, because, hey, there's a line.

And then, someone finds the audacity to redefine 'function' and the whole thing begins again.

       

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marți, 6 septembrie 2016

Seth's Blog : Could a book be worth $400?

Could a book be worth $400?

Some people collect old cars or trade baseball cards. I'm more interested in holding something I have a real connection with, something with ideas that have changed me.

I've written in the past about luxury goods and the value of physical artifacts in a digital world.

A book is a special object, a time-tested conveyor of not just information, but emotion and connection. Some of my best friends are books.

This summer, I put together a worldwide team to create a book that might be worth owning, saving and sharing. The goal was to create a substantial (okay, huge) and beautiful book that would be scarce, valuable and worth it.

We sent the files to the printer last week, and I couldn't be more excited about what we've created. You can see some sample pages and read about the history of the project here. It's absolutely the most beautiful thing I've ever been privileged to put my name on. It weighs more than 15 hardcover books and is 800 pages long.

All the words are already online for free (it's a collection of my online writing over the last four years). What you can't get online, though, is the feeling of owning it and the joy of gifting it.

A few thousand people pre-ordered their reserved copy last week, and now we're opening a window for pre-ship orders. As I write this there are fewer than 2,400 copies available for sale between now and September 9th. There will be one more window at a higher price for any remaining copies in November when the books begin to ship.

There's only one printing, and when the book is gone, that's all there is.

The book doesn't actually cost $400 or even half that, but the shipping fees to some countries are ridiculous. We worked hard to create something inspiring and timeless, and we're doing our best to get it to the few people who would like to be part of this journey. 

I hope you'll take a moment to check it out here. Thanks for making it possible.

Titan cover

       

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luni, 5 septembrie 2016

Seth's Blog : Commodities

Commodities

A commodity is a product or a service that no one cared enough about to market.

Marketing creates value, by combining stories, design and care. The product or service is produced in a way that makes engaging with the item better.

Commodities are in the eye of the producer. If you don't want to sell something that's judged merely on price, then don't.

       

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