Today’s shoppers want more than just products, they seek memories, emotions, and unique moments that add value to their lives. This shift is partly fueled by the rise of social media, where experiences can be shared and celebrated, creating a deeper sense of fulfillment. Consumers are also more mindful of how their purchases align with their personal values, opting for experiences that reflect their lifestyle or offer a sense of belonging. Brands like Lush and Patagonia tap into this trend by focusing on experiential retail that highlights sustainability and social impact, giving shoppers not just a product, but an experience they feel good about. Ultimately, it’s about the intangible seeking fulfillment that goes beyond ownership and resonates on a personal level.
PRIA:
Shoppers today seem to care less about “stuff” and more about experiences. What’s driving this shift?
DN: