Tried-and-true ladders up the socio-economic scale have crumpled.
- Owning a home now, in many cases, is a liability rather than a way to increase wealth.
- Getting a law degree today means a debilitating amount of student debt rather than a ticket to a comfortable life style.
- Getting a "steady" job in construction or teaching now is shaky ground.
- Starting a new business is next to impossible due to the tight credit market.
As a result, consumers are relying more on themselves and their close-in networks (87%). They're doing what makes them happy rather than doing what society expects (83%). They're turning to faith and spirituality more (72%).
They're looking for steps to follow to improve themselves and their families, their communities.
Is your brand providing direction and action?
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