In an industry that has been abandoned by young people, it is important to plan ahead, and it will

Mondo Finance Updated on 2024-01-30

Diligence and competence are decisive factors in the pursuit of a future and income. However, we often overlook an important fact: the importance of choosing an industry. Just like choosing a seat on the Titanic, no matter how hard you try, it is difficult to escape the fate of the industry. There are rising and falling industries in every period, and we must recognize this and make the right choice. If we don't anticipate and adapt to change in advance, it will be difficult to find the best people in those industries that are being "abandoned" by young people.

1. KTV industry

In the past, the KTV industry was very popular among young people born in the 90s, whether it was a wealthy boss or a low-level worker, they all liked to gather in the way of karaoke. However, with the arrival of the post-00s, KTV seems to have become "old-fashioned". They prefer other ways of entertainment and dinners, which makes the KTV industry face the dilemma of being abandoned.

However, the KTV industry is not without its merits. We can find countless business opportunities, such as providing more comfortable places and more personalized services to attract the interest of more young people. In addition, it is also a development direction to combine with other forms of entertainment to create diversified consumption patterns.

2. Stamps, calligraphy, painting, and cultural toys industry

Postal services used to be an indispensable part of people's lives, but with the advancement of informatization, the delivery of letters and parcels has become more convenient. At the same time, the home décor style also tends to be minimalist and Westernized. As a result, the market for philately, calligraphy, painting and cultural toys is largely dependent on the elderly. Young people have limited interest and purchasing power in these items, and they are reluctant to take over the industry.

However, consumer needs are diverse. In the stamps, calligraphy, painting, cultural and entertainment industries, more elements of interest to young people can be added to create fashionable and creative products and services to attract a wider range of consumer groups.

3. Fur industry

Fur used to be a fashion item that symbolized status and economic power, and a mink coat was a huge attraction especially for people from the Northeast. However, with the improvement of people's environmental awareness and attention to animal protection, the fur industry is gradually facing the phenomenon of slow sales. Young people think it's tacky to wear fur and think it's cruelty to animals.

However, this does not mean that there is no way out for the fur industry. Right now, some companies are starting to use artificial fur and sustainable materials to meet the needs of environmentalists. In addition, the fur industry can also attract younger consumers through innovative design and a unique brand identity.

4. Liquor industry

In the past, the liquor industry used to be a lucrative industry, and many famous brands have risen from it. Although there is still demand for entertaining important customers and wedding occasions, there is a noticeable decline in young people's interest in high-end alcohol. Contemporary young people pay more attention to personality and fashion, and lack interest in the most expensive liquor.

However, the liquor industry is not without a future. Given the changing consumption attitudes of young people, the liquor industry can meet the needs of younger people by promoting new brands and more diversified products. In addition, cooperation with fashionable beverages is also a direction of development, such as cooperation with bubble tea shops.

Young people's perception of consumption is changing, and they are more rational and cost-effective. Faced with increasing life pressure and an unstable future, young people have to make appropriate adjustments in their consumption and choose more affordable products and services. Although some people ridicule the downgrading of young people's consumption, it is actually a helpless move.

In modern society, young people's financial means are often unable to support the purchase of high-end luxury goods. As a result, affordable products at reasonable prices will be more popular. However, this does not mean that young people only pay attention to **, they will still pay for the things they love, but pay more attention to the practical value of the object and the fit with personal values.

In the case of comprehensive consideration of market demand and the change of young people's consumption concepts, the future development of the industry may be biased in the following directions:

1.Environmental protection and sustainable development industry: With the improvement of environmental awareness, more and more consumers pay attention to purchasing environmentally friendly and sustainable products. Therefore, there will be huge potential for development in industries related to green environmental protection.

2.Internet and technology industry: With the rapid development of information technology, the Internet and technology industry will continue to be an industry with great potential. The popularity and convenience of the Internet have changed people's lifestyles, and young people have become more dependent on the Internet for work, shopping, entertainment, etc. Therefore, there are many opportunities in the field of the Internet and technology for young people to discover and create.

3.Health and wellness industry: With the increase of people's health awareness, the health and wellness industry will also receive more attention. Young people are becoming more conscious of healthy diets, sports, and lifestyles, and as a result, the market demand in this industry is growing.

4.Cultural and creative industries: Young people's pursuit of individuality and creativity also provides great opportunities for cultural and creative industries. Creative design, literature and art, fashion design and other fields will be favored by young people.

5.Education and training industry: With the development of society and the intensification of competition, education and training have become an increasingly important field. Young people's quest for self-improvement and career development has led to a boom in the education and training industry.

In short, the future development of the industry keeps pace with the times and is closely related to consumer needs and market trends. The change of young people's consumption concepts and values will continue to lead the development direction of the industry. Only by focusing on transformation and innovation, and keeping up with market changes, can we be invincible in a highly competitive business environment.

Related Pages