Pulse Legacy Archive January / February 2011 | Page 15

Emerging Generosity. embedded health benefits that improve their quality of life. Social-Lites and Twinsumers. Online search and social media have created a new type of consumers: Twinsumers (consumers with similar patterns, likes and dislikes who are valuable sources on what to buy and experience) and Social-Lites (consumers who act as curators or actively broadcasting, reviewing and sharing products and experiences to a wider audience). The rise of these types of consumers can be a double-edged sword for companies and spas as consumers now have the power to either make or break a business overnight with just a few taps on their keyboards. Generation G (stands for Generosity) is a new breed of consumers who increasingly expect brands to give, donate, care and sympathize versus just sell and profit. In fact, 86 percent of global consumers believe that business needs to place at least equal weight on both society’s and business’s interests. Eight out of 10 consumers in India, China, Mexico and Brazil expect brands to donate a portion of their profits to support a good cause (Source: Edelman, November 2010). Planned Spontaneity. Instant connections made through smartphones and the popularity of location-based sites like Facebook Places, Google Hotspot and Foursquare have helped create a trend called “planned spontaneity.” It’s when consumers rush to sign up for services that allow endless and almost effortless mass mingling. There is great business opportunity for spas here, perhaps offer timelimited spa parties to spontaneously encourage consumers to bond and mingle while having a mini facial? Eco Superior. Green consumption will not go outof-style. In fact, the emphasis for 2011 will be on “eco supe- rior products” or those that combine superior design with increased eco-friendly functionality. Consumers may demand to see more of this trend in leading beauty brands, fitness equipment or even in today’s spa architecture. Owner-Less. More consumers prefer accessibility over ownership; thus, expect to see the rise of “sharing and renting” in consumer consciousness. These types of consumers do not want the commitment and cost of owning a product but seek the convenience of leasing luxuries. ■ January/February 2011 ■ PULSE 13