The outlook for luxury
Misha Pinkhasov and
Rachna Joshi Nair
Chapter Chapter 8 in Real Luxury, 2014, pp 198-221 from Palgrave Macmillan
Abstract:
Abstract In 2014, researchers at Princeton University published a study predicting the decline of Facebook. Picking up on the migration of younger users away from Facebook to new social networks, and using models from epidemiology and the decline of Myspace as a case study, they concluded that Facebook would lose 80 percent of their users within three years.But epidemics decline because disease is not useful to the individual host organism, although it may be useful for the evolution of the ecosystem, and because it ultimately destroys its host and loses its means of support.
Keywords: Brand Equity; World Economic Forum; Global Economic Crisis; Luxury Brand; Boston Consult Group (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39557-3_9
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DOI: 10.1057/9781137395573_9
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