Nearly half of Americans now say that experiences are more important than possessions – and “Enjoying Life” has grown to become a core value among US consumers. After three years of pandemic isolation and uncertainty,
Americans seem ready to dive into experiential pleasures – but what exactly are they looking for? Which consumer groups are driving this renewed passion for indulgence – and how does it square with today’s inflation-driven focus on cost cutting and bargain hunting?
Drawing on five decades of trend insights from GfK Consumer Life, this episode will delve into the consumer moods, values, and desires that underlie a surging “experiential economy,” in the US and around the world. Across genders, generations, cultures, and social classes, we will define this movement and reveal how brands can leverage it wisely.