WELLNESS AS A STATUS SYMBOL
The Global Wellness Institute have now released their trends for 2018, which are very conceptual and a little difficult to grasp at the 'grass roots' operational level. However, the trends below presented by Euromonitor struck a chord with me and I thought they were definitely worth sharing.
LONGEVITY ECONOMY - In 2018, almost a quarter of everyone on the planet will be over the age of 50, a record number. It is being suggested brands focus less on millennials and more on customers over the age of 50. The growing population over 50 represents a fast-growing contingent of active, productive people who are working longer and taking the economy in new directions. Women over fifty want to be represented by the media.
AUTHENTICITY - is a standout consumer value in 2018. Visual communication is inspired by flawed images drawing on wabi-sabi as its founding principles, advocating that beauty is to be found in imperfection, impermanence and the authentic.
REAL WORLD HOLIDAY - Due to digital dependency and the difficulty of uninterrupted reflection, several tour operators, cruise lines and resorts are now promoting unplugged vacations (Digital Detox Trips). Participants pledge to leave digital devices behind while the Intrepid Travel tour leader emails updates to their loved ones. Urban hotels helping guests switch off include Renaissance Pittsburgh hotel, offering a family digital detox package letting guests exchange their devices for traditional board games.
EXPERIENTIAL LUXURY - high-end personalisation is thriving due to demand for “experiential luxury”, the shift from “having to being”.
POST-PURCHASE CONTACT - with the company’s representatives, the medium and the tone of the response are also critical parts of the customer journey, shaping their view of the business.
STATUS SYMBOL - The desire to be fitter and healthier seems to be almost universal. Healthy living is becoming a status symbol, as more consumers opt to flaunt their passion for wellness through paying for boutique fitness sessions, “athleisure” clothing, food with health-giving properties and upscale health and wellness holidays. The spectacle of those willing to throw money at their quest for spiritual improvement is seen via the frequent consumer Instagram posts of retreat experiences posing against scenic backdrops. Consuming “stuff”, was once an indicator of wealth, but is now being replaced with the lack of things, lack of excess fat, and even a lack of wayward thoughts, which now defines aspiration and is at the heart of the consumer interest in wellness.
WEARABLE DEVICES - now offer to track mental wellbeing as well as physical fitness.
BOUTIQUE HEALTH - The consumer interest in staying well sees them combining wellbeing activities with cathartic physical activity. This is reflected in a thriving menu of more esoteric, boutique fitness workout choices in urban hubs and spas. Some unlikely combinations have emerged, including BoxingYoga, BootyYoga etc
SLEEP - Many consumers are increasingly interested in products that promote healthy sleep, urged by professionals not to view sleep as a lifestyle choice, but to respect it as they do diet and exercise, as a core health building block. An estimated three million people are listening to sleep playlists on Spotify, making it one of their most popular genres. The above-mentioned sleep monitoring machine Sense has sustained its consumer appeal with the addition of new sounds to sleep to and greater accessibility
WELLNESS HOLIDAYS - Promote the idea that consumers can take some time out, transform themselves and return a better, happier person. Activity holidays for physical and mental health are a growth sector. Money is no object when it comes to top-of-the range luxury pampering and rejuvenation treatments in hotel spas and dedicated wellness centres.
So as I step into my 2018 spa and wellness projects I will certainly be considering how these trends might apply to any given project.