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Showing posts with the label servitization

Just my thoughts #0337

All matter in this world, including the human body, is composed of quantum particles. Even if we shake hands, we might think that our elements mix, but they do not. This is because the physical properties of quantum—the special forces generated in the quantum realm—remain unchanged. To endure difficult circumstances means maintaining your state with strength. If you have stood firm so far, it indicates you possess the power. Holding up is a form of ability. - Joseph’s “just my thoughts”

Just my thoughts #0067

Offline retailers are going to be ruined. People assume the cause might be Internet commerce. But if you analyze the data, it doesn't make sense. In the U.S., online sales have grown more than 30-fold over the past two decades, but Internet shopping accounts for only 11% of total consumer sales. According to U.S. government statistics, Americans spend most of their income on SERVICES, NOT GOODS. This means they purchase a car rental service instead of possessing a car, a cloud service instead of having computer software and hard drives, and a fresh food delivery service every morning instead of buying the ingredients for food. It also means that people avoid buying manufactured or harvested goods, but want to buy the servitization goods in the categories of manufacturing and agriculture. This phenomenon is called " Servitization of Manufacturing". - Joseph’s “just my thoughts”