20 Goods And Services That Could Be Lost Forever If Millennials Don’t Change Their Spending Habits
“Back in our day...” Parents and grandparents love to mention stuff they used to do and foods they used to eat, don’t they? And sometimes you’ve never even heard of these things! Times change, after all. Technology advances. Trends and fads come and go. It’s the circle of life. But which products and businesses are actually at risk of disappearing for good in the age of the millennial?
20. Warehouse shopping
In the days of yore – by which we mean, before online shopping – a visit to the supermarket was often a challenge. As a result, warehouse stores such as Costco and Sam’s Club became worthwhile alternatives. Packed with different products, these shops allowed consumers to buy whatever they needed in bulk. But, perhaps unsurprisingly, it seems that the internet has had a negative impact on business.
Less time to shop
You see, instead of traveling to these warehouses, millennials are more inclined to shop remotely. University of Virginia-based Kim Whitler, who works at the Darden School of Business, told the Showbiz Cheat Sheet website, “Today’s adults are not spending a lot of time shopping like my parents’ generation did. Gen X, Gen Y, Gen Z, they’re all time-starved and want to order groceries while they’re riding a bus to work.”
19. Doorbells
Yes, you read that correctly. For many people, using the doorbell is the most obvious way to signal their arrival at someone’s house. But that’s not the case with millennials. Thanks to smartphones and instant messaging, they can just fire their host a quick text to let them know that they’re outside.
Old-fashioned technology
To further prove that point, then, an individual on social media tweeted about the doorbell’s downfall in June 2019. The message quickly generated a lot of attention, too, with thousands of Twitter users similarly admitting that they don’t make use of the tool anymore. For them, “ding-dong” is seemingly now a sound from years gone by. Let us spare a thought for the knuckles of the unfortunate delivery drivers out there.
