It's a valid question and the answer is a resounding, "Yes"! We have so many demands on us that to give more than a few minutes to consider a decision is tough. Time starvation is one of the reasons convenience rules. Consumers are more than happy to buy products at a corner convenience store and pay 20% more than wade across a parking lot and roam the aisles of a grocery store even if there is a "friendly smile" everywhere.
Consider online shopping and business.
I know of a professional business that just purchased all of their officer equipment and furniture from Amazon.com. You read that correctly...all of it. And when they need paper or ink or whatever, they push a button and it is delivered to their door. Do they get to "touch" the products. Maybe but what they did do was research, online, and then made their purchase.
I've just given you two real world examples of how convenience seeks to play a role in time starvation.
Here is another one: Podcasting
Broadcast outlets are learning that people want news and information on the go and on their time. Rather than sit and wait for the specific time a broadcast is on consumers are consuming content when THEY are ready. That reality has led to a massive number of podcasts being created. Once again, playing into the reality of time starvation.
The podcast industry is still in it's early years. Our company has been in the space for at least ten years with Insight on Business the News Hour and we've watched the podcast effort continue to grow. Once again, people want good content delivered to them on their terms.
It makes sense and we believe it will only continue to grow. How about you? Thoughts?