25 Millennial Trends That Are Ending the Traditional Industries

This article was originally published on worldtravelling.com and has been republished here with permission.

Millennial values have changed the way industries move if they wish to survive. These young people are forward-thinking and breaking with classical consumerism traditions. They have access to the world at their fingertips (smartphones), and their decision-making is based on more ethical consumerism values. Industries that thrived under the baby boomer rule are now struggling to stay alive at the mercy of millennials. These conscious customers want to know where their food and products are sourced from and the environmental impact before making the purchase.

Current phenomena such as e-commerce, online dating, and low-cost airlines coexist with the hard economic reality of low minimum wages, high housing prices, and excessive student loan debts. Millennials will search for the best, cheapest, and most ethical option to satisfy their needs. Things that were appealing to previous generations are no longer seen as practical by them. For instance, buying a gas car is considered inconvenient because it is not environmentally friendly, takes up too much space, and has expensive upkeep. If traditional industries can’t find a way to satisfy these demanding customers, they are doomed to fall and disappear.

Department Stores

Going shopping used to be a whole event in itself! We would put on comfortable clothes and shoes since we would be trying on a lot of items before deciding which one to finally get. But slowly, this started to change with the upcoming of millennials.

People now order their stuff online from the comfort of their homes. If something doesn’t fit, it’s simply returned. No need to use physical money or deal with salespeople.

Cable TV

It’s hard to understand why cable TV is still even around today. We have grown accustomed to streaming platforms where we have autonomy and independence. You don’t waste any time going through endless channels until you find some old episode on repeat, and consider yourself lucky.

You can’t pause it to go grab a snack when you want to, but you will be interrupted by advertisements. It’s easy to see why Cable TV is outdated.

Doorbells

Doorbells are slowly but surely becoming a thing of the past. There was a time when they actually needed to announce themselves at a house. But today, people talk about “doorbell anxiety” because the sound of it is considered loud and aggressive.

Millennials use their phones to text and let each other know where they are at all times. At the door, they just text “here” and that has become the rule to follow.

Golf

Golf clubs used to represent a lot more than just a sport; they would imply exclusivity for upper-class men who would pay large fees to be members of these high-end clubs. Country clubs were all the rage back then too.

Millennials, on the contrary, are not interested in paying expensive long-term memberships; they rather pay as they go. Besides, they prefer activities where diversity is encouraged. They’re just not compatible with the golf club culture anymore.