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From The Attention Economy To The Intimacy Economy

I can’t shake the feeling that something’s gone missing… and when I get this feeling I also start feeling that I am “The Olds” (or, as Harley Finkelstein likes to remind me: BOOMER!).

We used to have moments that everyone shared.
Albums… commercials… TV finales.
Even ads that landed as cultural events (hello, Apple 1984).
Love them or hate them… you knew about them.
You could talk about them at the office… in the coffee line… on the subway.

They gave us a common language… a kind of communal glue.

Now?
It’s all fragments…
Algorithms feed us personalized universes.
Media is hyper-targeted.
Communities splinter into smaller and smaller niches (with more and more people).
I’ll still orbit the music business with my bass podcast and can’t name five Taylor Swift songs… and I’m paying attention.

We care about brands more than ever. 

We carry them, wear them, define ourselves by them.
But increasingly, we experience them alone.
Scrolling in isolation, laughing at memes only our corner of the internet sees, living in For You Page feeds that overlap less and less (even when you have common interests).
I often find myself loving a product or service that no one else has even heard of.
It’s progress… but it also feels like loss.

And it’s a new way to think about marketing when you have a business.

We’ve shifted from The Attention Economy to what I call The Intimacy Economy.
The question is: will leaders design for connection at scale… or settle for clicks in isolation?
And this shift happened because culture isn’t just what we consume… it’s what we share (and that has changed).

So if we stop the sharing part at scale (or how we engage with brands shifted), what happens to the meaning?

What happens to the joy of connection when discovery is reduced to your personal feeds that may now be filled with Grid Zero?
I wonder if this is why nostalgia hits us so hard now.
We don’t just miss the shows or the music… but perhaps we miss the togetherness of it (and this is what all of those studies on raging loneliness and anxiety don’t talk about?).
The sense that we were all tuned in, at the same time, to the same thing… but now we’re not… so we’re “out of synch”?

This isn’t an argument against personalization or progress.

It’s a reminder that leaders, creators and brands have a choice: chase clicks in isolation… or build moments that bring people together.
And that’s what struck me while editing my conversation with Annie Wilson for this week’s Six Pixels of Separation – The ThinkersOne Podcast.
Annie has great book out called, The Growth Dilemma – Managing Your Brand When Different Customers Want Different Things (along with co-author Ryan Hamilton).

Because maybe the future of marketing isn’t about reaching everyone… but about reaching everyone differently.

Maybe it’s about finding new ways to help us feel like we’re experiencing something together again… in a world that isn’t grooving that way.
I’m trying to think of the last time I felt part of a truly shared cultural moment… do you have any?

And if not… is that part of the problem leaders and marketers need to solve?

Before you go… ThinkersOne is a new way for organizations to buy bite-sized and personalized thought leadership video content (live and recorded) from the best Thinkers in the world. If you’re looking to add excitement and big smarts to your meetings, corporate events, company off-sites, “lunch & learns” and beyond, check it out.

Mitch Joel

Mitch Joel lives at the intersection of technology, business transformation and consumer culture. He is the Executive Director of Next Era Institute, a strategic intelligence platform helping leaders understand the forces reshaping business, technology, culture and society. The Institute identifies which shifts matter, explores their wider significance and translates them into strategic direction and momentum. Mitch is also a globally recognized keynote speaker. He has delivered thousands of presentations across both B2B and B2C industries to organizations including Google, Walmart, LEGO, Shopify, Microsoft, Procter & Gamble and Unilever. Strategy Magazine has called him “one of North America’s leading visionaries.” Mitch built his career by working directly inside the waves of change that reshaped modern business. He founded and built a digital marketing agency that worked with some of the world’s largest brands and was later acquired by WPP, where he served as President of a firm operating in 25 countries with almost 3,000 employees. Mitch is the bestselling author of Six Pixels of Separation and CTRL ALT Delete, and the host of Thinking With Mitch Joel, one of the longest-running business podcasts in the world. His writing and commentary appear in outlets including Harvard Business Review, Fast Company and Inc. Magazine. He is a member of Dr. Marshall Goldsmith’s 100 Coaches and was named to the Thinkers50 Radar. Mitch also hosts Groove – The No Treble Podcast, documenting the oral history of electric bass players. Mitch is also Co-Founder of ThinkersOne, a platform that enables companies to bring personalized thought leadership from world-class experts into meetings, events and off-sites in focused 15-minute bursts.

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Mitch Joel

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