The Best Way to Make Money in 2024... is to sell people what they liked when they were 14.5 years old...
I was looking at the data from a recent survey that showed us how everyone seems to think that the best everything was at a time when they were between 10 to 20 years old, most specifically for fashion, when they were 14.5...
The Best Television
The Best Music
The Best Fashion
The Best Movies
The Best Sporting Event
The Most Moral Society
The Most Well Knit Communities
All average at 14.5...
And the best companies are using this in a technique called Nostalgia Hacking.
For example, one of the most viral tech products selling online this year is this silly Gaming Console, which gives you all the games from the retro years to you in less than Rs 5k or barely $60
If I look back further to when I was 14.5... man, baggy jeans were al the rage in school back then... and baggy pants are a rage again.
Now this may also be because fashion is cyclical... but data tells you much more about humans than humans know themselves.
If you’re building a consumer product... look at the Ideal Customer Persona (ICP) that you’re catering to... and think back to see what was trending when they were 14.5...
Nostalgia Hacking!
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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.
Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.
@sp6075
1 month ago
Wow!
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