Doc on the Relationship Economy


Doc Searls finally wrote down what I and others have implored him to write down for some time: his story about meeting that Nigerian Pastor on a plane, which led to "Markets are conversations" in the Cluetrain manifesto and a host of profound insights. Listen to this dialogue:

“Pretend this is a garment”, Sayo said, picking up one of those blue airplane pillows. “Let’s say you see it for sale in a public market in my country, and you are interested in buying it. What is your first question to the seller?”

“What does it cost?” I said.

“Yes”, he answered. “You would ask that. Let’s say he says, ‘Fifty dollars’. What happens next?”

“If I want the garment, I bargain with him until we reach an agreeable price.”

“Good. Now let’s say you know something about textiles. And the two of you get into a long conversation where both of you learn much from each other. You learn about the origin of the garment, the yarn used, the dyes, the name of the artist, and so on. He learns about how fabric is made in your country, how distribution works, and so on. In the course of this you get to know each other. What happens to the price?”

“Maybe I want to pay him more and he wants to charge me less”.

“Yes. And why is that?”

“I’m not sure.”

“You now have a relationship”.

I’ve heard him tell the story several times in different settings. But I’m still trying to wrap my mind about the implications… they seem to be everywhere.