A Sign of the Times?

A recent article from US News about “17 Ways Consumers Are Changing” got a discussion started among the staff about current spending habits. What we all agreed on is that we’re a bit more frugal, are less willing to impulse buy, and are focusing on spending money on things that make us happy well beyond the fleeting “shopping fix” feeling.

The trend has been emerging over the past few years. ETSY and DIY sites have grown exponentially, and that growth stems from the notion that shoppers want something special, something personal. You don’t get comments about a sweater from Target, but you do for a sweater from Anthropologie or a unique ‘find’ from ETSY. Of course your purchasing power is 3:1 for Target sweaters, but the Anthro sweater will be a closet staple long after the Target sweater has been forgotten.

Today’s consumers still want to shop (or at least the ones I’ve talked to), they just want to make sure that the purchase means more than it did a few years ago. They want to pay with cash/debit rather than credit. This may be part of why wall decals are really taking off as an alternative to standard artwork. Words, quotes, and phrases tend to move people. They reinforce a message; make people think, smile, or both. They reinforce what you want to be or want to do, and are a personal affirmation to yourself and to your family. They are affordable, removable, and are easy to install. They are a perfect compliment to how we’re beginning to live today as we shed excess clutter along with economy that is also doing a little housecleaning. Wall decals convey a more long term connection than any mass produced print found in a store, and that longer term commitment is what consumers seem to be looking for today.