John Gerzema: The post-crisis consumer

John Gerzema: The post-crisis consumer

Assessment

Interactive Video

Business

11th Grade - University

Hard

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The video discusses the economic changes over the past two years, highlighting the shift from consumer anxiety to empowerment. It explores how consumer habits contributed to the economic crisis and how a shift towards savings and mindful consumption is occurring. The speaker introduces four value shifts driving new consumer behaviors: liquid life, ethics, durable living, and return to the fold. Businesses are encouraged to adapt by aligning with these values, focusing on transparency, community, and innovation. The crisis is seen as an opportunity for positive change, with values-driven spending leading to a better future.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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