Javascript must be enabled to continue!
The Market Makers
View through CrossRef
During the twentieth century ‘affluence’ (both at the level of the individual household and society as a whole) became intimately linked with access to a range of prestige consumer durables. This book charts the inter-war origins of a process that would eventually transform these features of modern life from being ‘luxuries’ to ‘necessities’ for most British families. It examines how producers and retailers succeeded in creating mass (though not universal) markets for new suites of furniture, radios, modern housing, and some electrical and gas appliances, while also exploring why some other goods, such as refrigerators, telephones, and automobiles, failed to reach the mass market in Britain before the 1950s. Creating mass markets presented a formidable challenge for manufacturers and retailers. Consumer durables required large markets. Most involved significant research and development costs. Some, such as the telephone, radio, and car, were dependent on complementary investments in infrastructure. All required intensive marketing—usually including expensive advertising in national newspapers and magazines—while some also needed mass production methods (and output volumes) to make them affordable to a mass market. This study charts the pioneering efforts of entrepreneurs (many of whom are now largely forgotten) to provide consumer durables at prices affordable to a mass market and to persuade a sometimes reluctant public to embrace the new products and the consumer credit that their purchase required. The author shows that, contrary to much received wisdom, there was a ‘consumer durables revolution’ in inter-war Britain—at least for certain highly prioritized goods.
Title: The Market Makers
Description:
During the twentieth century ‘affluence’ (both at the level of the individual household and society as a whole) became intimately linked with access to a range of prestige consumer durables.
This book charts the inter-war origins of a process that would eventually transform these features of modern life from being ‘luxuries’ to ‘necessities’ for most British families.
It examines how producers and retailers succeeded in creating mass (though not universal) markets for new suites of furniture, radios, modern housing, and some electrical and gas appliances, while also exploring why some other goods, such as refrigerators, telephones, and automobiles, failed to reach the mass market in Britain before the 1950s.
Creating mass markets presented a formidable challenge for manufacturers and retailers.
Consumer durables required large markets.
Most involved significant research and development costs.
Some, such as the telephone, radio, and car, were dependent on complementary investments in infrastructure.
All required intensive marketing—usually including expensive advertising in national newspapers and magazines—while some also needed mass production methods (and output volumes) to make them affordable to a mass market.
This study charts the pioneering efforts of entrepreneurs (many of whom are now largely forgotten) to provide consumer durables at prices affordable to a mass market and to persuade a sometimes reluctant public to embrace the new products and the consumer credit that their purchase required.
The author shows that, contrary to much received wisdom, there was a ‘consumer durables revolution’ in inter-war Britain—at least for certain highly prioritized goods.
Related Results
A Logical Theory of Truth-Makers and Falsity-Makers
A Logical Theory of Truth-Makers and Falsity-Makers
We explicate the different ways that a first-order sentence can be true (resp., false) in a model M, as formal objects, called (M-relative) truth-makers (resp., falsity-makers). M-...
The Legal and Economic Aspects of Gray Market Goods
The Legal and Economic Aspects of Gray Market Goods
The first comprehensive work on the subject, this volume covers all the legal and economic issues raised by gray market goods--genuine trademarked goods manufactured with the autho...
Creating a Market Bureaucracy: The Case of a Railway Market
Creating a Market Bureaucracy: The Case of a Railway Market
The EU expects European governments to abolish their old state railway monopolies and establish a market, with private companies competing for customers. We analyse the long proces...
Behavioral Aspects of Commodity Markets
Behavioral Aspects of Commodity Markets
Are behavioral biases prevalent in commodities and futures markets? Although retail equity investors display many psychological biases, investors who are more sophisticated exhibit...
Web-Based Analysis for Competitive Intelligence
Web-Based Analysis for Competitive Intelligence
Responding to the needs of market researchers, business analysts, CI professionals, and other decision makers who understand online technology, Vibert provides a series of problem-...
Achieving Self-Sustainability of Venture Capital Market in Latvia
Achieving Self-Sustainability of Venture Capital Market in Latvia
The research carried out in the Thesis aimed to identify the conditions necessary to achieve a self-sustaining venture capital (VC) market capable of organic growth and to develop ...

