Marketing News Roundup - June 17, 2011

What's new in marketing (and elsewhere) this week?

Is the age of extremely conspicuous consumption officially over? Mercedes seriously considers dumping the Maybach, or just totally redesigning it. (Autoweek)

Students at Stanford have started a budget-by-text service that helps lower-income families budget and save by documenting their spending. What could you document that would help you better meet your own goals? (FastCompany)

Musician Kim Boekbinder has developed a way to fund her concerts ahead of time. Fans tell her where they want her to perform, and when there’s enough people to offset costs, she finds a venue that’s the right size and books a show. No more empty concert halls. No more cancelled shows and let-down fans. I love this way of empowering everyone but the major record labels (and really, why couldn’t they do this too? Might bring down the astronomical price of concert tickets, don’t you think?). (BoingBoing)
  
Facebook hires former Clinton Press Secretary Joe Lockhart to manage its image and relationships with government, media. (Complex)

Not really about marketing, but important nonetheless. What would society look like free of rank-ism? What is a dignitarian society, where everyone has the right to dignity? (CNN) 

Latest industry to benefit from social media? Food trucks, which can broadcast where they are right this minute and what they're serving today to a community of fans with confirmed interest in their product. (Mashable)

Have a great weekend, and thanks for reading!

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