Skip to main content
Article
Experience Economy Strategies: Adding Value to Small Rural Businesses
Journal of Extension
  • Ann M. Fiore, Iowa State University
  • Linda S. Niehm, Iowa State University
  • Haemoon Oh, Iowa State University
  • Miyoung Jeong, Iowa State University
  • Cheryl O. Hausafus, Iowa State University
Document Type
Article
Publication Version
Published Version
Publication Date
4-1-2007
Abstract

Many Extension programs designed to enhance rural economic development have focused on development of value-added goods, particularly agricultural goods. The Experience Economy perspective suggests that economic development should also include value-added consumer experiences offered by an array of small rural businesses, such as retail, hospitality, tourism, and restaurant establishments. This article introduces Experience Economy strategies and elements of business offerings that create experiential value and provides a tool to help small business operators assess and enhance their experiential offerings that generate value for consumers.

Comments

This article is published as Fiore, A.M., Niehm, L., Oh, H., Jeong, M., & Hausafus, C. Experience economy strategies: Adding value to small rural businesses. Journal of Extension, 45 (2). Available at http://www.joe.org/joe/2007april/iw4.shtml. Posted with permission.

Copyright Owner
Journal of Extension
Language
en
File Format
application/pdf
Citation Information
Ann M. Fiore, Linda S. Niehm, Haemoon Oh, Miyoung Jeong, et al.. "Experience Economy Strategies: Adding Value to Small Rural Businesses" Journal of Extension Vol. 45 Iss. 2 (2007) p. 2IAW4 Ideas at Work
Available at: http://works.bepress.com/amfiore/63/