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Consumption Economics

The New Rules of Tech
in: Economics
Summary:

The book explores the shift in the technology industry from product-centric to service-centric models, emphasizing how companies need to adapt to changing consumer demands and the rise of subscription-based and outcome-oriented services. It provides insights into how businesses can leverage these new economic realities to create value, innovate their offerings, and transform their revenue models in the face of evolving customer expectations.

Key points:

1. Shift to Service Models: Tech companies are moving from selling products to offering services based on usage, meeting customer demands for flexibility and pay-as-you-go pricing.

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