Lumida Wealth : Non-Consensus Invest Beyond the Ordinary

NCI: What are the Big Consumer Trends to Stay on Top Of with Biota Macdonald, Mintel

Episode Summary

Join the CIO of Lumida Wealth, Ram Ahluwalia, as he unravels the complexities of alternative investments with Biota MacDonald, a research leader at Mintel. This insights-packed discussion covers diverse topics such as evolving technology trends among different generations, the intersection of e-commerce, AI, and social media, along the new-found popularity of subscription banking. They also discuss the subversive influence of 'gamification', institutional distrust, and the rise in spirituality. This podcast serves up plenty for anybody with an interest in cutting-edge investing and contemporary market trends.

Episode Notes

00:00 Introduction and Welcome

00:28 Guest Introduction and Background

00:42 Discussion on Consumer Trends and Investment Success

03:13 Exploring Generational Observations

04:08 Impact of Parenthood Trends on Investments

05:40 The Great Wealth Transfer and Crypto Ownership

07:08 Exploring Spending Trends and Luxury

14:51 The Role of Social Media in Consumer Trends

25:10 The Paradox of Younger Generations and Fast Fashion

29:18 Innovative Marketing Strategies in Financial Services

31:51 The Power of TikTok in Market Research

37:07 The Role of Artificial Intelligence in Personalization and Marketing

38:01 The Power of Generative AI in Understanding Customer Behavior

39:26 The Future of Marketing: Hyper-Personalization and Contextual Marketing

41:23 The Paradox of Data Privacy and Sharing in the Digital Age

44:23 The Rise of Subscription Models in Financial Services

49:32 Exploring the Shift in Consumer Trends and Values

52:23 The Impact of Institutional Trust on Consumer Behavior

01:02:03 The Role of Brands in Filling the Void Left by Institutions

01:04:39 The Shift in Sports Fandom and Branding