This is true, bt also kinda bullshit...when you consider, for example, the classic 80s Yuppie vs. today’s Millennial.
Do people/investors really believe 80s Yuppies were far less into (luxury) experiences & far more into luxury goods than today’s Millennials?
Frankly, that’s bullshit...
Frankly, that’s bullshit...
Tht’s an entirely ludicrous apples & oranges comparison...as any Millennial will tell you, a luxury experience dsn’t actually exist unless you fucking Instagram it...which means 80s Yuppies were shit outta luck!
Sure, if 80s Yuppies got married & moved to the suburbs, maybe they’d invite you over for their annual holiday slide show...
...bt otherwise, prob only their twenty closest family/friends/work colleagues ever actually heard abt their amazing luxury experiences!
...bt otherwise, prob only their twenty closest family/friends/work colleagues ever actually heard abt their amazing luxury experiences!
No wonder it was a golden age for travel/hotel/restaurant/spa/etc. guides, travel agents, concierges, and so on...
...there was no such thing as social influencers, let alone any kind of opportunity to crowd source/review any kind of (luxury) experience.
...there was no such thing as social influencers, let alone any kind of opportunity to crowd source/review any kind of (luxury) experience.
So while we’ve always been able to see consumers flaunt their appetite for luxury goods...
...pre-social media, those consumers essentially had NO way to flaunt their appetite for (luxury) experiences, let alone be incentivized by the normal feedback loop of envy & admiration.
...pre-social media, those consumers essentially had NO way to flaunt their appetite for (luxury) experiences, let alone be incentivized by the normal feedback loop of envy & admiration.
