Heightening entertainment, retailers offer kits that encourage excess
Implications - Moving beyond necessity, consumers are turning to services and kits that offer entertainment. Targeting younger consumers, companies are offering services that promote products that not only heighten leisurely activities, but do so in a more efficient and streamlined way.
Trend Themes
1. Subscription-based Entertainment - Consumers are turning to subscription-based entertainment services for a more convenient and efficient way to enjoy entertainment at home.
2. Niche Subscription Services - Subscriptions that cater to specific niche markets, such as retro gaming or live action role-playing, provide an opportunity to curate unique and personalized boxes for consumers.
3. Self-curated Subscriptions - Platforms that offer the ability for users to curate their own subscription services based on their interests and preferences provide a more personalized and enjoyable entertainment experience.
Industry Implications
1. Entertainment - The entertainment industry should consider subscription-based and self-curated services that cater to niche markets in order to provide a personalized and efficient entertainment experience for consumers.
2. Retail - Retailers can offer pre-packaged entertainment kits to provide consumers with a new way to enjoy leisure activities and encourage excess spending.
3. E-commerce - E-commerce platforms can provide a marketplace for niche subscription services, allowing consumers to easily find and purchase boxes tailored to their unique interests.