Consumers treat themselves with higher-quality necessities
Implications - Many pleasure-seeking consumers are treating themselves with necessities that not only cover the basics, but also offer a luxury experience. To reconcile the higher cost of such items, consumers want to ensure the product was made ethically and sustainably. In this way, ethical sourcing is less about personal values, and more about a sense of assurance and to divert purchasing guilt.
Workshop Question - Beyond altruism, how could your brand make eco-consciousness appealing to consumers?
Trend Themes
1. Ethical Sourcing - Consumers seek ethically and sustainably sourced products to feel assured and to divert purchasing guilt.
2. Comfortable and Affordable Materials - Brands are producing high quality and comfortable undergarments without the high costs.
3. Charitable Undergarments - Brands are partnering with charitable organizations to create a social impact with their products.
Industry Implications
1. Sustainable Fashion - Companies can target the growing market of eco-conscious consumers by producing eco-friendly clothing and accessories.
2. Social Entrepreneurship - Businesses can explore opportunities in creating social impact by partnering with charitable organizations and supporting programs designed for underprivileged communities.
3. Luxury Clothing - Luxury clothing brands can incorporate ethical sourcing and sustainability to justify higher prices and meet the changing consumer preferences.
4 Featured, 33 Examples:
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Date Range:
Oct 14 — Feb 16
Trending:
V. Hot
Consumer Insight Topics: