DiscoverBuild That Business121: The Transformation Economy (and Why Experiences Aren’t Enough Anymore)
121: The Transformation Economy (and Why Experiences Aren’t Enough Anymore)

121: The Transformation Economy (and Why Experiences Aren’t Enough Anymore)

Update: 2025-09-18
Share

Description

The economy has shifted. It’s no longer enough to sell services or even experiences. Today’s clients want to walk away changed.

In this episode, I’m taking you inside a glass-of-wine conversation I had with my dad (a college professor of Travel & Tourism) about Pine & Gilmore’s famous book The Experience Economy — and how that idea has evolved into what we now call the Transformation Economy.

We’ll explore:

  • The evolution of economies: from commodities → goods → services → experiences → transformations
  • The psychology behind why clients are craving change now more than ever
  • The Starbucks Pumpkin Spice Latte test (and why it’s really about identity)
  • What this shift means for the wedding industry — and how you can position your business around the transformation you deliver

The Transformation Economy isn’t coming — it’s already here. And if you can show the real, lasting change you create, you won’t just stand out… you’ll thrive.

Comments 
In Channel
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

121: The Transformation Economy (and Why Experiences Aren’t Enough Anymore)

121: The Transformation Economy (and Why Experiences Aren’t Enough Anymore)

Lindsay J Williams