Status Updates Are The New Status Symbol
“Status updates are the new status symbol.” - said me
The way Millennials and Gen Z are building social currency is not through cars, houses, and watches but on the accumulation of experiences which are shared with others.
This undeniable shift is altering how the new consumer is spending their time and their money. It's clear to many that prospects for job offers, friendships, and relationships are directly impacted by one's online persona.
Gen X's BMW = Gen Y's Coachella
There are obvious downsides to this global cultural movement as there were downsides with the rampant consumerism in the 90s where kids defined themselves through the brands they adorned. People haven't changed just the world around them.