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Podcast: Making It in The Toy Industry
Episode: #232: The Underconsumption Core TikTok Trend is Shaping the Future of Toys
Description: What is the "Underconsumption Core" TikTok trend and how might it effect the toy industry? From "Loud Budgeting" to "Underconsumption Core" Gen Z and Millennials are leading an era of saving over spending, and they aren't keeping quiet about it. As the cost of living skyrockets while wages remain stagnant, the U.S. is bracing for a financial downturn. But this time, consumers are anticipating, preparing, and talking about how they're cutting back, all over social media.If you haven't yet explored the implications of this trend on the toy industry, now is the time. In this...