Exclusivity beats price when it comes to status symbols, as demonstrated by the instant sell-out success of Stanley's $45 Starbucks water tumblers at Target.
Qualcomm has become the most inventive company in America with 3,854 patents in 2023, highlighting the crucial role of patents in protecting innovations and granting exclusivity in the market.
Deep dives
Status symbols don't have to be expensive
The limited edition $45 Stanley and Starbucks water tumblers caused riots and sold out instantly. The success of these exclusive tumblers demonstrates that status symbols can be affordable but still highly sought after.
Instagram introduces a 'kids table'
Instagram has launched a new feature that automatically filters harmful content for users under 18. This move aims to protect teens from graphic and explicit material, promoting a safer online environment.
Qualcomm becomes the most inventive company
Qualcomm, with 3,854 patents in 2023, surpasses IBM to become the most inventive company in America. Patents have been crucial to Qualcomm's business, as they protect their innovations and grant exclusivity in the market.
Stanley’s Starbucks collab at Target caused a riot, selling out instantly — And inside that 40-ounce metal mug is a lesson on how status symbols: Exclusivity beats price.
The most inventive company in America? It’s… Qualcomm — This $150B company whipped up 3,854 patents last year, and we’ll tell you why.
And Instagram just made its most parent-friendly move ever: A kids table — Zuck did the right thing… but because he was forced to.