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Motley Fool Hidden Gems Investing

The Power of Place

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 16 March 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Younger generations want more experiences and less stuff. That’s a problem for retailers. Deidre Woollard caught up with Kevin Ervin Kelley, architect, experience designer, and the author of “Irreplaceable: How to Create Extraordinary Places that Bring People Together.” They discuss: - The evolution of grocery stores, and how regional players can compete. - Why direct-to-consumer brands have a scaling problem. - How Harley Davidson stores became a social destination. Company discussed: HOG Host: Deidre Woollard Guest: Kevin Ervin Kelley Producer: Ricky Mulvey Engineers: Rick Engdahl, Desireé Jones Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

A lot of intellectuals, architects particularly attack the grove as fake or contrived, but more people

0:08.1

visit the grove and visit Disneyland, more than the Great Wall of China, and it's delivering something of value that those people want.

0:17.0

In addition to delivering kind of a sense of escapism, it really delivers community.

0:22.0

And again, I call it really delivers community.

0:23.1

And again, I call that a temporary community.

0:24.9

I'll acknowledge that's not a community that's there forever,

0:28.7

but it's a community you can pop in and out of

0:31.1

without any effort. I'm Mary Long and that's Kevin Irvin Kelly,

0:38.4

an architect, experienced designer, and the author of Irreplacable, how to create extraordinary places that

0:44.9

bring people together.

0:47.0

My colleague Deidre Willard caught up with Kelly to talk about the invisible forces that

0:50.9

draw you to certain retailers, how a lost Main Street built modern shopping

0:55.5

centers, and how Harley-Davidson stores transformed after designers watched the Parts Guy. Really enjoyed the book, had me thinking a lot about place because it's about architecture, but not in a traditional sense.

1:12.0

It's really about the way buildings make you feel and how businesses can be more intentional in cultivating feelings.

1:19.0

So share with us some of the cues that we may not even notice when we're entering retail spaces.

1:24.7

Yeah, I think we forget we're in place.

1:29.2

It's kind of like that old joke that says, he has a younger fish, you you know how's the water and he says what's water I think

1:36.9

we don't really think of the idea of place because we're always in a place no

1:42.0

matter where we are or never unplaced and so we don't really think about it and as we get up in our day and walk around our world

1:50.0

we don't really have a walking plan we just walk naturally and we look naturally

1:55.0

kind of what we call involuntary mechanisms and we only we only kick in the

2:00.6

voluntary things when it makes sense to kick in and so we're just

...

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