Explain the emerging transformation economy

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Reference no: EM133209373

Assignment:

Q1: This reading explained that "the emerging transformation economy suggests a move from creating memorable experiences designed for many, towards experiences that are potentially self-transcending and life-changing for one.

Can you explain this in light of your understanding of the progression of economic value?

Q2: Pine and Gilmore argue that an experience must be seen to be authentic. In what ways can events such as music festivals pursue authenticity?

Q3: To design memorable experiences, events nees to:

Theme the experience
Harmonise impressions with positive cues
Eliminate negative cues
Mix in memorabilia
Engage all five senses

In your experience do music festivals provide meaningful experiences in terms of these characteristics? Give examples.

Reference no: EM133209373

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