Tuesday, October 07, 2008
Virtual Cupcakes Make Me Hungry
Rosenberg, Dave. The virtual goods economy is booming October 10, 2008 "The basic premise for virtual good sales is that they are bite-sized and
therefore people are more willing to make small purchases instead of large
purchases; ie. you'll buy a candy bar but not a car.
Rob called this
approach "snack food" which appeals to the new generation of"digital natives",
people who have far more communication with online/connected friends then they
do with people in real life."It's confirmed, the world is now living in an illusion. A digital economy is "based on electronic goods and services produced by an electronic business and traded through electronic commerce." Viximo, a virtual goods provider has grown and is growing immensely because of this new form of gifting. So far this year, Facebook has made $34.5 million in virtual goods revenue.
In a declining economy, how can people possibly spend so much on an illusion and still manage to complain about inflating gas prices. I think a reorganization of priorities needs to occur.
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