Mall-going but budget-constrained: gen-z shoppers shape the future of retail

For Gen Z, shopping isn't just about snagging a deal – it's an immersive experience that combines socializing with friends, discovering new brands, and uncovering hidden gems. The rise of online research and "dupes" – cheaper alternatives that rival high-end products – has transformed the retail landscape, as young shoppers increasingly prioritize value over brand loyalty.

As prices climb and credit card debt becomes a mounting concern, Gen Zers are becoming more discerning consumers. Kelly Pedersen, retail leader at PwC, notes that this generation is "extremely value-oriented" and demands a fundamental shift in how retailers approach customers. With severe credit card delinquency rates outpacing other generations, economic strains have pushed young shoppers to become more selective with their spending.

Retailers must adapt to these changing habits by shifting focus from selling products to creating emotional connections with customers. Neil Saunders, retail analyst at GlobalData Retail, emphasizes that "it's not just about selling products – it's about selling emotions." Any hard sell approach can feel soulless and inauthentic, driving young consumers toward brands or dupes that resonate with them on a deeper level.

The mall, once a dying institution, is experiencing a resurgence thanks to Gen Z's desire for social interaction, experiences, and community. According to Ipsos, approximately 58% of this generation frequently visits malls – not just to shop but also to catch up with friends, attend events, and engage with brands in person.

To capitalize on this trend, retailers are curating a collection of retailers that resonate with Gen Z's values, from luxury labels to affordable options like Zara and Primark. Membership programs and exclusive sales are becoming increasingly popular, as Adam Petrick, chief marketing officer of the American Dream mall, explains: "Shopping should be an event – it should be something people can do together."

Gen Zers like Jonathan Singh, 19, are embracing this shift by researching products extensively online before making a purchase. They're willing to hunt for dupes that offer similar quality at a fraction of the price, with about 82% planning to buy these alternatives.

While sustainability and social concerns remain important, Gen Z is hesitant to pay more for products – unless they're genuinely convinced of their value. As Holly Paik, 21, a crochet business owner, notes: "As much as I tell other people to shop with sustainable brands who are small businesses...I don't have the means to do it myself."

In response, some young shoppers are opting to gift homemade items or experiences instead – valuing the love and care that goes into these gifts over the price tag. As Nicholas Asiedu, 21, an office assistant, remarks: "A gift isn't all about money but rather the love and care you put into it."
 
I think this is super cool 🤩! Gen Zers are so different from older generations when it comes to shopping. They're not just in it for the discounts, they want an experience too 🛍️. And honestly, who can blame them? Malls are back and it's awesome 😊. Retailers need to change their game though, from just selling stuff to creating real connections with customers ❤️. It's all about building a community and making shopping feel like an event 🎉. I love how Gen Z is getting creative with gifting too... who needs expensive gifts when you can make something with love yourself? 💕
 
🤝 I think this shift in shopping habits is a good thing for consumers! With the rise of online research and dupes, people are finally being incentivized to look beyond just brand loyalty. It's refreshing to see young shoppers prioritizing value over price tag. Retailers should take note that it's not just about selling products, but creating an emotional connection with customers.

Malls are making a comeback because Gen Z values social interaction and community, which is awesome! I'm loving the idea of curated collections that resonate with Gen Z's values, from luxury to affordable options. It's also great to see membership programs and exclusive sales becoming more popular. Let's keep pushing for value-driven shopping experiences that prioritize both people and planet 🌎💚
 
I'm not sure if I'm totally down with the whole "dupes" trend...I mean, don't get me wrong, saving money is a good thing! 🤔 But are we sacrificing quality for the sake of a cheap deal? It's like when I see someone getting a super nice watch online and I'm all like "is that even worth it?" 😂

And yeah, malls being cool again is definitely a plus...I love hanging out with friends at the mall too! 🛍️ But can we please not forget about the actual shopping part? Like, don't get me wrong, I love discovering new brands and all, but sometimes I just want to buy something because it's cute, you know? 💁‍♀️

I also think retailers need to find a better balance between value and emotional connections...like, yes, it's great that they're creating experiences for us, but can't we just have our fancy brands and designer stuff too?! 😂 Just kidding (kind of)!
 
shopping's become a social thing now 🤝 it's not just about saving cash, but about feeling connected to others and brands too. like, gen z's got this crazy ability to research online and find those dupes that are almost as good as the real deal 😂 but seriously, they're not afraid to cut ties with brands if they don't feel the love.

and malls are back in the game 🛍️ i mean, who doesn't love a good hangout spot where you can grab food, catch up with friends, and just chill? it's like, retail's gotta change its approach from just selling stuff to creating these emotional connections with customers. and let's be real, if you're gonna sell something, make sure it's something that's genuinely good for people 🌟
 
🤔 I think retailers need to focus on building a community around their brand, not just selling products. Gen Z is looking for a vibe and a sense of belonging, so if they can create an experience that feels authentic and meaningful, they'll be loyal customers. It's all about the emotional connection, like Neil Saunders said 🤝. I've noticed this trend with my own friends who are really into thrift shopping and buying dupes, but it's not just about saving money – it's about finding unique items that reflect their personality 💸.
 
I THINK RETAILERS NEED TO GET THEIR ACT TOGETHER AND STOP TRYING TO SELL PEOPLE STUFF THEY DON'T WANT!!! GEN Z IS ALL ABOUT EXPERIENCES NOW, NOT JUST ABOUT BUYING THINGS! IT'S TIME FOR STORES TO BECOME COMMUNITY HUBS WHERE PEOPLE CAN MEET UP WITH FRIENDS AND HAVE FUN. I LOVE THE IDEA OF MEMBERSHIP PROGRAMS AND EXCLUSIVE SALES - IT MAKES SHOPPING FEEL LIKE A SPECIAL EVENT! BUT AT THE SAME TIME, I'M FED UP WITH ALL THESE "DUPE" PRODUCTS OUT THERE THAT ARE JUST POOR QUALITY ALTERNATIVES TO REAL BRANDS 🤪
 
Shopping is so much fun now 🛍️💰! Gen Zers are super smart and don't wanna overspend 🤑. They're all about finding those cool dupes that offer similar quality at a lower price 💯. And, let's be real, who doesn't love trying out new brands and discovering hidden gems? 🤫

The mall is making a comeback 🏙️ and it's so awesome! Young people are loving the social interaction and experiences that come with shopping in person 👫. Retailers need to shift their focus from just selling products to creating emotional connections with customers ❤️.

It's all about finding that perfect balance between value and quality 💸. Gen Zers care about sustainability and social concerns, but they're not gonna break the bank for it 😐. They'd rather gift homemade items or experiences because of the love and care behind them 🎁.

Retailers should take notes from these young shoppers 👀. It's time to get creative and make shopping an event that people can do together 🎉!
 
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