New Codes of Value

Fluz, Identity by Koto, US

Our consumer research has been pointing towards a significant value shift; the term ‘cost of living crisis’ will no longer seem appropriate. We view this upcoming era as one of perma-crisis – a paradigm shift in what consumers will want from brands, products and services that will gain increasing influence.

This report explores how businesses can make people feel valued. How do we ensure it is genuine value that adds to people’s lives and gives them a sense of forward momentum – not pretend value that detracts from their lives and stalls their growth as well as the growth of your business?

The report analyses the behavioural shifts redefining notions of value, offering case studies and consumer insights from across multiple sectors to help you understand and capitalise on the business opportunities ahead.

Purchase the full report below. LS:N Global members receive access to this report as part of their membership.

Deconstructed shoe from Camper ROKU
Camper ROKU, Spain
Wise- Identity by Ragged Edge, UK-1
Wise, Identity by Ragged Edge, UK

What's in the report?

Some of the reports key insights explore:

: Re-values

Widespread dissatisfaction has created a catalyst for consumers to re-evaluate their consumption choices. They feel like they are being taken for granted – exploited even. It’s creating a contempt for the system.

: Degraded Experiences

Consumers are getting wise to ‘enshittification’ – a slew of ever-degrading services and brands blinkered on profit-making at the expense of customer value. Consumerism becomes skewed ethics with extremes of waste to match.

: Relational Economy

People want brands to be less transactional and more relational – both between brand and consumer, and from consumer to consumer. These are relationships that leave the customer feeling better post-purchase than before.

: Neo-abundance

In these times of scarcity, richness is expressed through rituals, re-assessment and consideration, while abundance is found in regenerative pursuits and deeper connections – empowering businesses to set new standards.

Currency of The Future exhibition at The Bank of England Museum for London Design Festival, UK-1-1
Currency of The Future exhibition at The Bank of England Museum for London Design Festival, UK

‘There is an urgency around how we address the topic of value today. Many people feel like they’re being taken for idiots and taken for granted, exploited, sold crap to and treated badly. And it’s creating a contempt for the system. People want to feel valued in their lives and their work and their communities’

Tom Chatfield, tech philosopher and author of Wise Animals: How Technology Has Made Us What We Are

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If you are a LS:N Global member, you can access this report on LS:N Global hereGet in touch with a member of our team to discuss our membership packages and book a demo of LS:N Global today.
 
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New Codes of Value

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