Several forecasts about 'paradigm shifts in consumer habits' were being discussed during COVID-19. Let us first acknowledge that a majority of the pre-pandemic habits are back; simply because these are fundamental and driven by man's social needs.
The one perceptible shift one can see in consumers is a shift to ‘value’, ‘efficiency’ and ‘trust.’ At the risk of repetition, the words ‘value’, ‘efficiency’ and ‘trust’ converge into what we call A BRAND. Several brands, across industries are going to relook their own proposition and make themselves more accessible to larger audiences.
2022: The opportunity
There's no denying that COVID sent culture shocks that permeated the social and economic fabric of nations and communities alike. The prolonged exposure to stress and the acceptance that the world is changing in newer ways- has had three major consequences-