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Global Business

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Global Business: Mass Customisation and the Experience Economy

26/11/2011

Mass Customisation and the Experience Economy

BBC World Service - Global Business, Mass Customisation and the Experience Economy

Peter Day hears from Joe Pine the man who coined the phrase the "experience economy".

Joe Pine's career as a business coach began at IBM when he brought business partners and customers into the development process of a new computer. 

Taking from this the lesson that every customer is unique, he wrote a book called Mass Customization on businesses that serve customers' unique needs. 

And later he would coin the phrase the "experience economy" - consumers buying experiences rather than goods or commodities. 

Peter Day hears about Joe Pine's latest ideas and new book in Global Business.

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