Trends 2011- #2March 6, 2011
I promised to provide a series of posts regarding my predictions for 10-year trends. So..here is the first: Over the next 10 years, at least one appliance maker will figure out how to produce reliable, long-lasting appliances at a moderate cost. (I am thinking particularly about ovens and refrigerators.) These appliances will sell like the proverbial hot cakes.
Their success will be driven by three things:
- Consumer demand for appliances that work and require few repairs
- Improved production technology that will produce such appliances more cheaply than is now possible
- Viral “advertising” via the internet as consumers discover that such appliances exist
I hope this is not wishful thinking…….