TLDR Marketing · NEWS & TRENDS

HOW TODAY'S CONSUMERS ARE SPENDING THEIR TIME AND MONEY

mckinsey.com11 min read

Summary from the TLDR Marketing newsletter

Consumers are paradoxically frugal and indulgent. They downsize purchases to afford lifestyle splurges, a behavior led by Gen Z. This group values experience-rich products and uses AI tools but distrusts influencer-driven content. Brands should deliver value in smaller formats and support self-expression. Rising mistrust in digital sources pushes companies to rethink social spend and invest in physical presence and trusted media. Targeting Gen Z requires focusing on micro-moments, personalized wellness, and functional splurges that outperform legacy signals like “organic” or “natural.”