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 The central economic imperative of the network economy is to amplify relationships. › The way to do this is through a NETWORK.

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Presentation on theme: " The central economic imperative of the network economy is to amplify relationships. › The way to do this is through a NETWORK."— Presentation transcript:

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2  The central economic imperative of the network economy is to amplify relationships. › The way to do this is through a NETWORK

3  Structure to generate relationships  Members relate as peers › Help make things better

4  Def – To fuse producing and consuming into a single verb.

5  Prosuming occurs mostly online  When people prosume on large scales, it is called Mass Customizations

6  Lets producers cater directly to you  Leads consumer to be happier with final result

7  Smarter relationship technology  P3P cards – track information

8 1) Create a tailored product 2) Recalling preferences intelligently 3) Anticipating what they (the customer) want before they articulate it. -Example: Firefly, Amazon

9  Helping to increase sales  Makes the producer smarter  The next step is using it for ‘tangible’ items when shopping

10  Consumers now have more of a responsibility  “The new economy begins with technology and ends with trust,”  Alan Weber


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