How Recession Will Accelerate Consumer Downsizing

Avatar Posted by luckycharmer under News
From http://discussionleader.hbsp.com 5878 days ago
Made Hot by: on October 22, 2008 9:33 pm
Watch out for a new brand of consumer in 2008: the middle-aged Simplifier. She finds herself surrounded by too much stuff acquired. She is increasingly skeptical in the face of a financial meltdown that it was all worth the effort. Out will go luxury purchases, conspicuous consumption, and a trophy culture. Tomorrow's consumer will buy more ephemeral, less cluttering stuff: fleeting, but expensive, experiences, not heavy goods for the home.





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