Wellness activities are proliferated as a means to convey status
Implications - The concepts of wellness and privilege are intertwined for consumers, which has lead to activities like yoga and Pilates being utilized to bolster status. As consumer obsession with health continues, the proliferation of holistic practices in marketing relates to consumers on the basis of familiarity, but also on the coveted notion of exoticism.
Trend Themes
1. Holistic Wellness as a Status Symbol - The increasing association of wellness practices with luxury and status creates opportunities for businesses to explore how to offer exclusive, high-end holistic wellness services to this audience.
2. Athletic-inspired Fashion - The blending of activewear with fashion trends signifies an opportunity to market athletic-inspired clothing lines to fashionable fitness enthusiasts.
3. Exotic and Novel Wellness Practices - Companies can differentiate themselves from other wellness services by offering rare, novel, and exotic wellness services that appeal to consumers' desires for unique and original experiences.
Industry Implications
1. Luxury Wellness Services - High-end wellness services that focus on holistic wellness practices and cater to consumers who view wellness as a luxury status symbol.
2. Athletic-inspired Fashion Retailers - Fashion retailers that specialize in offering activewear with an emphasis on fashionable designs for fitness enthusiasts.
3. Novel Wellness Experiences - Businesses that offer unique and hard-to-find wellness services for consumers looking for new and exciting experiences.