As time passes by, the way people prefer to spend their time and money has changed a lot. A lot of this is attributed to ever evolving technology in the world. It has made the world smaller, enabling people to travel as far and as frequently they like. It also allows people to indulge in activities that they would otherwise have never considered. In fact, the quality of life has definitely improved drastically in the past few decades. Let’s take a look at how the consumer trend is shaping up currently:
- Traveling Across the World
People these days are more open to travelling to new places. It gives them a chance to visit new countries and learn about new cultures. With faster airplanes and shorter routes, airline travel has become exceedingly comfortable in recent times. Millennials also prefer to live in the moment rather than believe in saving every penny like the previous generations. It is also considerably safer for women to travel alone these days. Women life trends have also changed as a result.
Interestingly, the current crop of millennials seems to prefer breaking the social cliché based on gender,or any other rules. They prefer to abide by their own set of transgender and transcultural rules, making the world a more inclusive place. You can see changes happening everywhere starting from the fashion industry to the regular workface you see at your local government offices or private companies.
- Power Women
In recent times, many women have managed to break the glass ceiling and climb their way up to the very top. Power women are admired and looked upon with awe compared to when they were admonished and criticized in the earlier ears. Women now have an actual chance of landing authoritative roles. Men have also adapted by learning how to work with women in workplaces and not undermine their power at the same time. This has also changed Women Lifestyle considerably.
- Digital Pressure
Technology is constantly upgrading in today’s world. This pressurizes people to own the latest digital gadgets regardless of the price. Although many of the gadgets include new features the question remains as to how many people would actually sue those features. According to the latest consumer reports, at least 76% of the population changes their mobile phones every year in the hope of staying up to date with the latest trend.
- Sober Generation
Although binge drinking was seen as a part of student culture for a long time, it has started dwindling down in recent times. Students have started realizing the importance of studies a taking part in other activities while studying. This enables them to perform better in classes and land better jobs as a result. In fact, the number of people practicing total abstinence from drinks is at an all-time high according to recent studies.
- Artificial Intelligence
AI or artificial intelligence has become a part of everyday life with Siri, Alexa, Google Assistant and many more working hard to make your lives easier than ever before. These virtual assistants are devoted to assisting their humans to get through the different tasks of the day without a hitch. The self-driving car by Tesla is another example of how far technology has evolved in malign lives easier for the current generation.
- Entrepreneurial Mindset
The current generation is more interested in being their boss and setting up their business rather than working under someone else. This is has led to the opening up of several startups which have moved on to become large, commercial companies in no time. The entrepreneurial drive seen in this generation has not been seen in the previous generations till now.