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The Intention Economy: When Customers Take Charge Kindle Edition
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While marketers look for more ways to get personal with customers, including new tricks with “big data,” customers are about to get personal in their own ways, with their own tools. Soon consumers will be able to:
• Control the flow and use of personal data
• Build their own loyalty programs
• Dictate their own terms of service
• Tell whole markets what they want, how they want it, where and when they should be able to get it, and how much it should cost
And they will do all of this outside of any one vendor’s silo.
This new landscape we’re entering is what Doc Searls calls The Intention Economy—one in which demand will drive supply far more directly, efficiently, and compellingly than ever before. In this book he describes an economy driven by consumer intent, where vendors must respond to the actual intentions of customers instead of vying for the attention of many.
New customer tools will provide the engine, with VRM (Vendor Relationship Management) providing the consumer counterpart to vendors’ CRM (Customer Relationship Management) systems. For example, imagine being able to change your address once for every company you deal with, or combining services from multiple companies in real time, in your own ways—all while keeping an auditable accounting of every one of your interactions in the marketplace. These tantalizing possibilities and many others are introduced in this book.
As customers become more independent and powerful, and the Intention Economy emerges, only vendors and organizations that are ready for the change will survive, and thrive. Where do you stand?
- LanguageEnglish
- PublisherHarvard Business Review Press
- Publication dateApril 10, 2012
- File size1411 KB
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Editorial Reviews
Review
a must-read book ” TechCrunch
Doc Searls has written a very thoughtful book on the intention economy and the promises it holds for both vendors and customers.” Forbes
Searls’s vision raises provocative questions for companies and for marketers.” strategy+business magazine magazine
This is a thoughtful, well researched book with a compelling thesis and call to action for marketers.” Decision
a brilliant piece on free markets and the Internet” Linux Journal
Do yourself a favor. Read The Intention Economy by @dsearls. It’s a very quick study in what VRM means for both brands and consumers.” Business 2 Community (business2community.com)
The fine distinction between consumer and customer is at the heart of this insightful look at how some companies, like Trader Joe's, are moving in the direction of the "intention economy," where the desires and needs of individual customers primarily determine what the vendors offer.” Fort Worth Star Telegram
it’s fun, insightful reading for anyone interested in becoming self-actualized, liberated customers.” SocialMedia.biz
Finally a thoughtful, hype free book worth reading about digital marketing, the relationships we have with vendors, and a vision for a better future where we have greater control of our personal data.” ZDNet
ADVANCE PRAISE for The Intention Economy:
JP Rangaswami, Chief Scientist, salesforce.com
Consumers have a right to exercise control over what personal data companies collect from them and how they use it.’ That’s the way the draft of the US Government’s planned Privacy Bill of Rights begins. If you want to understand what this really means, then Doc’s book is the place to start. In fact, if you want to understand anything about what’s really happening with customers, this book is for you. An excellent read.”
Seth Godin, author, We Are All Weird
Profound, far-reaching, and one of those books people will be bragging about having read five or ten years from now.”
John Hagel, Co-Director, Center for the Edge; coauthor, The Power of Pull
This book provides a much-needed road map for a profound shift in global markets. Vendor Relationship Management will turn markets as we know them inside out. Searls, as the key architect of this new movement, provides a compelling view of both why and how these changes will occur. You cannot afford to ignore this book."
Esther Dyson, angel investor
From Doc’s mouth to vendors’ ears! Doc Searls describes the economy the way it should be, with vendors paying attention to individuals’ wants and needs. I see a few such business models emerging, and I hope Searls’s book will incite a rush of them.”
Don Peppers and Martha Rogers, Ph.D., co-authors of Extreme Trust: Honesty as a Competitive Advantage
Deliciously skeptical of today’s business models, Searls paints a compelling picture of the future. And if you’re a business manager, The Intention Economy is essential reading. Think of it as an API for dealing with empowered customers. ”
Clay Shirky, author, Here Comes Everybody and Cognitive Surplus
No one has a better sense of the changing relationship between vendors and the rest of us than Doc Searls. In The Intention Economy, he explains the networked economy and your place in it, whoever you arebuyer, seller, advertiser, user.”
--This text refers to an out of print or unavailable edition of this title.
About the Author
--This text refers to an out of print or unavailable edition of this title.
Product details
- ASIN : B007UPDH5S
- Publisher : Harvard Business Review Press; 1st edition (April 10, 2012)
- Publication date : April 10, 2012
- Language : English
- File size : 1411 KB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Sticky notes : On Kindle Scribe
- Print length : 318 pages
- Best Sellers Rank: #1,570,624 in Kindle Store (See Top 100 in Kindle Store)
- #4,048 in Marketing (Kindle Store)
- #10,929 in Business & Investing (Kindle Store)
- #11,217 in Marketing (Books)
- Customer Reviews:
About the authors

Doc Searls is:
• Author of The Intention Economy: When Customers Take Charge
• Co-author of The Cluetrain Manifesto
• Director of ProjectVRM at Harvard's Berkman Center for Internet and Society (where he served as a fellow from 2006 to 2010)
• A fellow with the Center for Information Technology and Society (CITS) at the University of California, Santa Barbara
• A visiting scholar with Studio20 in the graduate school of Journalism at NYU
• Senior Editor of Linux Journal
• One of the world's most quoted bloggers
• A photographer committed to enlarging the sum of images in the public domain
• Obsessed with a number of other topics, including geography, geology, aviation, space, media, infrastructure and understanding how things work—especially the Internet.
• President of The Searls Group, his consulting practice.
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Every chapter in this book is a revelation on an important topic, from the coming collapse of the advertising bubble, to the need for customer-based contracts instead of the current lopsided boilerplate contracts of adhesion, to the Internet as a managed commons, which can support individuals owning their own data and negotiating with an open market for what they need: based on their own intentions, rather than from some expensive (in money and effort) algorithm devised to mine their data and ferret these out. Who knows their intentions better than the customer?
The new economy, based on fourth-party brokers that act on behalf of the customer --not the vendor--will be open (newcomers welcome, no silos allowed), efficient (no more guessing intentions, transactions are knowledge-full), effective (allowing vendors to work together), and it will bring the Internet closer to its potential as a free exchange of knowledge that can also support innumerable transactions and contracts. In the end, this is also a story of a work in progress, as Doc and others have already started to build software services to explore this new economy. This is an important work, that announces what could, and I would argue, should be a new direction for an Internet enabled economy.
As a bonus, the work is extraordinarily well written at the prose level, and is not simply a blog-to-book. Each chapter adds substantially to the overall argument. I cannot recommend this book too highly. I am encouraging friends and strangers alike to give it a read.
I would also submit that there are corollaries to the commercial vendor/customer relationship that Doc's logic and services would help improve. How much better would civil society be if the intentions and the capabilities of citizens, and the problems they face, were announced in this fashion to their local governments? How much more effective would continuing education be if the student could announce the skills they require to the world and have multiple offers for training? The Internet as a managed commons (Doc does a great job of advancing Lewis Hyde's work on the commons) extends to many facets of our social interactions, not just those that involve transactions for money. Doc does talk about micro-transactions, but there are also new efforts to enable a sharing economy that would benefit greatly from these services.
He starts with a view of the future and how we will use our automated bots to find information and do things for us. And how they will learn what we like and how we like things done - just like a real personal assistant.
He emphasizes that in the past, companies controlled the market but with the internet - it is the consumers who do. For example, even the posting of this review gives me a power that was once reserved for accredited reviewers who were published in a paper or magazine. Power to the people.
Of course he talks lots about the openness and freedom on the internet. (sort of goes with Linux).
I liked the final chapter best - what to do about it. Rather than approach the changes as a problem, he points out a myriad of opportunities this opens up like specific verticals, healthcare, etc. He has a succinct checklist of things to do (like "put a leash on legal")
He certainly knows how to write. His earlier book - Cluetrain Manifesto is somewhat of a classic. Good book.
Dr. Milo Pulde
Assistant Professor of Medicine
Harvard Medical School





