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Icosystem's Word-of-Mouth marketing efforts cited in The Economist
Icosystem Corporation Press Release
Cambridge, MA - 09 November 2006
Swarming the shelves
How shops can exploit people's herd mentality to increase sales
A TRIP to the supermarket may not seem like an exercise in psychological warfare—but it is. Shopkeepers know that filling a store with the aroma of freshly baked bread makes people feel hungry and persuades them to buy more food than they had intended. Stocking the most expensive products at eye level makes them sell faster than cheaper but less visible competitors. Now researchers are investigating how “swarm intelligence” (that is, how ants, bees or any social animal, including humans, behave in a crowd) can be used to influence what people buy.
Read the full article on The Economist web site (subscription required), or in the 9 November 2006 printed issue.
About Icosystem Corporation
Icosystem Corporation, a strategy consulting
firm in Cambridge, Massachusetts, has emerged as a leader in the
development of business applications for network theory and complexity
science. Using the tools of complexity science and advanced
computational techniques, Icosystem provides a highly flexible and
cost-effective technology platform for exploring business problems and
discovering or designing strategies that have significant impact.
Icosystem's approach uses realistic models of complex business
environments and evolutionary and distributed computational techniques
to validate new business ventures or improve the performance of
existing enterprises.
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