Oliver Lange H&M

The question of the best price, availability and flexibility is solved online par excellence in my view. On the other hand, this means that a repositioning is necessary for the physical space. And I think that this is really about the things that you just can’t fake online and that you just can’t practice online. In the physical space, we have a clearly different possibility for human space, and thus to play with empathy and emotions.

Sustainability is no longer just about recycling – it is only part of the truth. The other truth is the consistent change of consumption in the question “How much consumption is necessary?” or “How much do I actually have to own or use?”. It’s about extending the lifecycle of a product, and extending it also means new approaches such as renting or second-hand.

We clearly notice the tendency that people want to move away from anonymous products or generic purchasing decisions. Instead, there must be the possibility of co-creation and the focus on individuality, or in other words: the expression of personality. The prerequisite is the development of individual features. And in this, the customer wants to play a role. That’s why I think the pandemic with all this instability and the questions in regard to “Who am I actually?, “who do I want to be?” has led to customers making their decisions much more consciously and much more value-driven about when and what they consume.

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