

Dunkin Donuts have been around for yonkers and they were either happily resting on their laurels or were about to go under,

That's what happens when you have a sizeable percentage of the population laced with new money. In other words, young professionals who don't need to contribute anything to the household or double income earners who don't need to contribute anything to kids or double income earners who willingly contribute a whole lot of cash to their kids because of, well, what else but guilt. Well, whichever way you're seeing it, it makes perfect sense. New money earners have found this new sense of liberation from their income. Here stemmed the roots of narcism and incessant pleasure gratification. As in, the automatic habit of constant self-reward. There isn't a need to put a value to how much they are earning or how much the reward cost. The fundamental of this behavior doesn't change whether it's a new shirt or a new phone or even an overpriced piece of dough, ultimately it is because 'I now can'.
This phenomenon (although I know most of you would hardly call a donut fad a phenomenon) really intrigues me, which is why I'm gonna pledge some time to concentrate on a new research to find out the changing lifestyle of these urbanites (by the way, 70% of Malaysia is urbanised yea?) and what are the implications of various products and brands, and subsequently how these brands can meet the real needs of people in the midst of all these changes. Looks like I've got my work cut out for me this Christmas...
Yeah, we had Dunkin Donuts all this while but only since J.Co and Big Apple came out did people start going crazy over donuts again (were they crazy once before?).
ReplyDeleteYea, Malaysians are spending like crazy these days. Even those who aren't working (especially the college students i know), can spend more than RM 15 just for lunch!
And that's excluding those special expenses like cyber-cafeing, clubbing, drinking, betting, petrol and shopping. Those that work however, work to support this spending habits. I doubt they (can) save anything.
Where's all MY money? SOB!
BYE!
Betting? Hehe, bet what? I thought betting only comes during football season?
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