Reflection: what is Economic experience?
An experience add value of a product, people will pay more for an experience rather than the product.
Examples of economic experience
- Frankie & Benny’s – pay more for the experience of being in a place of a Italian American setting suggested through the music that is played in the background, American diner seating and workers uniform as well as pay more for experience of food from a different culture
- Costa coffee – proceeds go to farmers who grow the coffee beans; customers feel like they are helping other people who are in need
- 4D golf – rather than playing orginal golf people are able to play golf with 3D effects as well as sound and air effects.
- Subway – people are able to watch their food being made which they are unable to do else where
- Handmade/crafted products – people can buy personalised products with a persons name or personlised message on the product
- Nostaligic experience – people like to buy a product that reminds them of a memory such as a childhood toy
Code of practice
*principles that underpin good practice
- Contribute confidently
– engage wit hthe development of ideas and solving problems
-challenge stereotypes and assumptions
-being generous with knowledge and skills
-knowing their worth
- Prepare thoroughly
– find out about whom and how they will be working
-research; context, legislative implications, local environment concerns, potential impact and intersts of partners and colleagues
- Collabrative creatively
– by establishing mutual respect and recognition though indentifying shared goals, encouraging the views of others, welcoming open and informed discussion, valuing complementary skills and cooperating in achieving a vision without losing sight of their own identity and integrity
- Aim high
-aspire to ring quality to everything they do whether presetning ideas, managing professional relationships or producing the work
*The Code of practice for the visual arts for organisations (book)