Choice Paralysis

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CHOICE PARALYSIS THE 21ST CENTURY CONSUMER DILEMMA

Transcript of Choice Paralysis

Page 1: Choice Paralysis

CHOICE PARALYSIS

THE 21ST CENTURY CONSUMER DILEMMA

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FLUX TRENDS - The state we’re in -

…and here is the news…

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TOO MUCH INFORMATION

24/7 - The daily onslaughtShorter attention spansThe battle for consumer attentionEditing out as a coping mechanism

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OUR SHRINKING WORLD

Our global village Faster, broader communication Crossing the line into personal time and space

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DISPOSABLE CULTURE

Lazy consumerism -Impatient consumers

Instant gratification

Cheap technology - cheaper thrills

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CELEBRITY CULTURE(A.K.A - POPULEBRITY)

…and do we really have a choice?

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The effect of OVERKILL

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CHOICE PARALYSIS

Why too much choice is a problemThe impact on consumersDelayed reactions

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TWO TYPES OF CONSUMERS

…BOTH DRIVEN BY PANIC…

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CONSUMER # 1

MANTRAS Faster Quicker Transient

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CONSUMER # 2

MANTRASSlowerSimplerStable

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…But then again,there’s something in between.

THE DABBLERS

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THE IRONY OF CHOICE PARALYSIS

But does it come in black?

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THE DEATH OF THE MALL?

The allure of a destination shop

Re-thinking the formula

The assurance of a specialist

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THE PSYCHE OF SHOPPING

New brand cultureI define you - you don’t define me

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THE INDIVIDUALISTS FIGHT BACK

Breaking the mould

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THE LURE OF IMPERFECTION

The human touch

The currency of novelty

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THE RISE OF THE CONSCIENTIOUS CONSUMER

Using fashion as a conscience?

The importance of provenance.

The quest for authenticity.

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PUTTING IT IN PERSPECTIVE

Humanity in mid-life crisis

Consumerism and spirituality -a fork in the road?

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THE NEED TO ANCHOR

Hitting the pause button.

The importance of focus

A Sense of Soul

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THE NICHE COLLECTOR

Cool obsessions

Simplification becomes addictive.

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Last thought

Breaking free, easing back

“I define the product, the product doesn’t define me”

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FLUX TRENDS

- Cause the effect -