For those who don’t follow this stuff, Li Jin is inverting the phrase “consumerization of enterprise” which was popular in enterprise IT a few years ago, referring to such things as BYOD (bring your own device) and use of consumer grade email and apps for business.
Conversation
She’s talking mainly about the SaaS tool ecosystem used by consumers hoping to become small businesses. Passion economy stuff basically. But I think the trend is much bigger and goes beyond software. a16z.com/2019/10/08/pas
1
1
18
Costco is EofC
Careful deal hunting is EofC
Extreme couponing used to be a hoarding-like disease. Now it’s EofC to stretch incomes. By 20-50% often.
Anytime normie consumption starts to look like systematic purchasing department operations, it’s EofC
1
1
20
Consumerism transformed the economy in the 1890s, and shopping was “fun” for a century, replacing household drudgery for women with spending fun for the most part.
Now shopping for fun is for the rich and occassional treat for the rest of us.
2
11
Most consumer-grade shopping is now a household corporate function. Homes are run like small businesses now, with inventory and cash flow management beyond basic budgeting.
4
2
21
This Tweet was deleted by the Tweet author. Learn more
This Tweet was deleted by the Tweet author. Learn more
This Tweet was deleted by the Tweet author. Learn more
Because single-income is starting to fray and fall apart.
1
3

