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He also noted that "as the wealthy get older, they're less interested in things and more interested in experiences," shifting spending into vacations and dining and away from yachts and jets.
That moment may not have arrived yet, but as consumers become more sceptical, more discriminating and more interested in experiences, it is coming closer.It is not as though the rich have stopped buying stuff.
Today's generation of customers is much more interested in experiences than objects.
He cites as proof surveys that suggest millennials in particular are more interested in experiences than past generations.
Millennials are said to be more interested in experiences and life value than material goods, so this may be a factor.
A fascinating study by Deloitte indicated that consumers are spending less on things, not because they're more interested in experiences per se, but because the costs associated with the social safety net are going up.
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I wanted to be a writer, but I was more interested in experience than in applying myself intellectually.
For investment banking in particular, I believe they were more interested in experience and adaptability than current skills.
He was particularly interested in experiencing ayahuasca, a sludgelike hallucinogenic potion used by indigenous shamans in spiritual exercises.
"I'm interested in experiencing something, and the act of taking a picture is a way for me to process that experience into an image," Lê said.
This is a great program for those interested in experiencing an important aspect of archery culture and history.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com