Professional Documents
Culture Documents
The Anxiety Economy
The Anxiety Economy
the line, and for many, the lack of environmental chaos, seeking solace
security is too much to handle. One in cannabis derivatives, and outfitting
therapist told the Huffington Post their homes with safety-related
that she has seen a “record number” tech. New-wave employers are
of clients seeking anxiety counseling. trying to embrace more ethical work
practices, while tech companies
On the other side of the world, are showing their more human side.
the rise of China and its ongoing However, the anxiety economy
trade war with the United States is continues to manifest itself in dark,
putting pressure on Taiwanese and dystopian ways that are permeating
Hong Kong youth, whose financial fashion, beauty, and entertainment. It
futures and independence remain may even be taking a toll on people’s
unpredictable. In the United States, sex lives.
President Trump’s trade war is
sparking fears of recession and the “The Anxiety Economy” report
potential for another government explores how instability and
shutdown is leading to frustration. disruption are having a profound
impact on culture and emerging
To combat anxieties, some trends. Behavior driven by fear, from
consumers and businesses are the extreme (and the paranoid) to
taking matters into their own hands. the more justified, is creating new
They’re demanding sustainable, market opportunities as consumers
zero-waste solutions to curb seek to navigate the storm.
WORKPLACE WELLBEING
Kick
WORKP LACE WE L LB EI N G THE A NXIE TY ECO NO MY 8
Co-working's evolution the concept of work-life balance by of their routine and re-define their
blending the office grind with the creative process.”
Over the last few years, innovative calming benefits of vacation. While
companies have been finding ways the concept of working on holiday For $2,900 and up, travelers can
to take the stress out of the gig might still incite anxiety for some, it choose between two-week and
economy, attempting to transform hasn’t stopped the plethora of new one-month getaways that combine
coliving and coworking concepts cultural exploration with “productive”
around the world, from a bleisure remote work time, plus design-
bungalow in Belize to design- forward, boutique accommodation
conscious Cohost apartments in and the chance to socialize with
Shanghai. other creative professionals from
around the world.
Big brands are contributing to this
space, too. Moleskine recently An innovative company in Cape
announced it would be partnering Town decided the burden of travel
with travel firm Unsettled to offer shouldn’t fall on its workers, but on
experiential live-work retreats in the office itself. Work & Co’s Nova
Bali and Mexico City. The trips are, pod, a solar-powered workspace
according to Moleskine, designed on wheels equipped with a coffee
to “spark inspiration, creativity, and machine, bathroom, and charging
self-expression. Each destination stations, allows employees to enjoy
offers the time and space for scenic views without any need to
creative professionals to break out pack a suitcase.
DYSTOPIC LANDSCAPES
Fecal Matter
DYSTO P I C LA N D SCA P ES THE A NXIE TY ECO NO MY 14
Kinney tells the Innovation Group. Beauty. “I saw the impact it can
“Being scary or ugly is part of that. have on people so now it’s more
Beauty is not synonymous with serious, more engaged. I do it to send
looking good, because looking good messages of self-love, tolerance,
is a subjective idea. Beauty is not a equality and respect. I do it to try to
fixed concept. There’s an artistry to ameliorate the world I live in.”
what they’re doing too.”
Dystopia expressed in the beauty
Recently, the site pushed beauty world is also featuring in all forms
boundaries by featuring emerging of entertainment. The TV series
artists such as self-described of Margaret Atwood’s novel The
“face decorator” Mariko, who Handmaid’s Tale has gripped Hulu
crafts elegant cheek, nose and audiences since the first season was
eye ornaments out of pasta and released in April 2017. As the genre
dragon fruit, “gorgeous and ghoulish” described by Atlantic as “feminist
Tomasyn Hayes, and Laetitia Ky, a dystopia” rises in popularity, we
hairstylist who sometimes uses her can expect to see more of such
whimsically sculptured braids to speculative, bleak worlds. Female-
send political messages. authored, female-protagonist fiction
digs into the dark depths of what-ifs,
“At the beginning, it was only for in novels such as Christina Dalcher’s
fun and to show my creativity, but Vox, which imagines a world where
with time it changed,” Ky told Dazed women face severe restrictions on
FASHION FRENZY
Marine Serre, Fall 2019 womenswear collection. Photography by Filippo Fior, Gorunway.com
FASHION F RE N ZY THE A NXIE TY ECO NO MY 18
Hers
TH E SE X RECES SI O N THE A NXIE TY ECO NO MY 20
digital dating apps like Tinder and before they’re 40, according to a
Bumble, which take the “fear and 2013 report published in the Journal
uncertainty” out of how to interpret of Sexual Medicine.) Hims also
whether or not someone is interested. sells other health and wellness
products, and seems its message is
The flipside is that some people find resonating—the company was worth
navigating these apps so problematic $200 million just a little over a year
that they stop bothering altogether after it launched and was valued at $1
and voluntarily embrace celibacy. billion in March 2019.
Among the recent wave of digital This rapid growth occurred partly
telehealth startups, Hims offers a because the company launched Hers
millennial-friendly remedy for one in November 2018, offering similar
aspect of the sex recession, pledging products for women in millennial-
to take anxiety out of the bedroom. friendly packaging, including a
Hims, which launched in November controversial “female Viagra” called
2017, sells direct-to-consumer Addyi. On the Hers website, the brand
medicine for erectile dysfunction, states that, “We believe that women
swapping the typical Viagra ads aimed should have the opportunity to crave
at older men for trendy branding sex just as much as their counterpart.
targeted at 30-something working And no, it is not weird or abnormal
professionals. (About one in four men for a woman to have a low libido, it is
may experience erectile dysfunction quite the opposite.”
Hers
TH E SE X RECES SI O N THE A NXIE TY ECO NO MY 21
As critics debate whether low libido in • more than 10,000 comments from
premenopausal women should even “To some other mostly outraged consumers.
be treated with a pill, Hims is under fire extent, After Hers apologized on its Instagram
from consumers over another direct- account, Sheptovetskaya responded
‘buyer
to-consumer drug on its websites. by saying: “playing with insecurities
beware’
In February 2019, the Hims and Hers to sell serious drugs, especially
brands began to sell propranolol, a
applies” when you market them to younger
prescription medication generally used • audiences—it is irresponsible.”
to treat high blood pressure and heart
conditions that doctors also prescribe Still, the social anxiety remedy
off-label for anxiety. In March, Hers remains available on the websites of
released a Facebook and Instagram ad both brands, marking a shift in the
suggesting that, among other uses, it digital wellness economy’s marketing
could help beat those first-date jitters for mental health. “I think in some
for a $25 monthly fee. “Nervous about ways the availability of these drugs
your big date? Propranolol can help reinforces this idea that anything can
stop your shaky voice, sweating and be fixed and done away with quickly
racing heart beat,” the ad promised. by taking a pill,” Greg Fonzo, assistant
professor of psychiatry at Dell
Instagram “anti-influencer” Yana Medical School at the University of
Sheptovetskaya of @gelcream was Texas at Austin, told Vice. “It’s never
horrified, responding to the Hers ad quite that simple. To some extent,
in an Instagram story that provoked ‘buyer beware’ applies.”
Hers
THE A NXIE TY ECO NO MY 22
POST-TRUTH
Naked Juice
P OST- T RUT H THE A NXIE TY ECO NO MY 24
LIII viewers, “We don’t brew Bud Light Consumer distrust of large consumer
with corn syrup.” goods companies has created
opportunities for private label brands.
Critics such as Anup Shah, vice “The role of the brand is evolving,”
president of the Miller beer brand Grubb continued. “Millennials are
family, claim that Budweiser’s efforts selectively brand loyal, but they are
rely on confusing consumers about also very experimental and more
the difference between corn syrup attentive to peer endorsement than
and high-fructose corn syrup. Adding top-down marketing messages. In this
to this confusion, brewing expert at context there has been both growth
Cornell University Kaylyn Kirkpatrick and material quality improvement
told Time that corn syrup is in private label offerings serving to
completely fermented out of the beer partially displace incumbent brands.”
by the time it reaches the bottle.
Nielsen reported that in the last
The controversy, according to Well quarter of 2018, sales of private label
& Good, adds up to another example consumer goods brands in US stores
of healthwashing, where “food and were up 4.3%, compared to a 1.2%
drink brands are latching on to any increase for the 20 largest brands in
opportunity to align with wellness,” that category.
without necessarily providing any
significant health benefits. Direct-to-consumer startup
and private label brand Public
Brandless
P OST- T RUT H THE A NXIE TY ECO NO MY 26
Public Goods
P OST- T RUT H THE A NXIE TY ECO NO MY 27
Waste worries
Loop, the brainchild of Tom Szaky,
As consumers begin to recognize CEO of waste management company
the connection between food waste TerraCycle, aims to tackle packaging
and their worries about climate waste with the help of a line-up of
change and sustainability, food tech consumer goods giants, including
startups are stepping in. Companies Procter & Gamble, Unilever, PepsiCo,
tackling food waste issues raised Mars and Nestlé, as well as retailers
approximately $125 million in funding Carrefour and Tesco, and operational
in the first 10 months of 2018, partners Suez and UPS. Through
according to a report by US nonprofit Loop’s service, expected to soft-
Refed. One such company, Silo, raised launch in May 2019, customers can
more than $1.4 million in a Kickstarter buy their favorite brands, such as
campaign in fall 2018 to launch Alexa- Häagen-Dazs and Hellmann’s, in
connected smart containers that reusable tins. While orders can
send an alert when food goes bad. only currently be placed on Loop’s
The vacuum-seal system is designed website, the hope is to eventually
to keep food fresher for longer and integrate with other online and offline
help combat some of the $165 billion- retailers.
worth of food waste per year in the
United States, according to a report When Loop’s customers have used
from the Natural Resources Defense up their products, they can collect
Council (NRDC). the empty tins in a Loop tote and
Loop
P OST- T RUT H THE A NXIE TY ECO NO MY 28
Loop
THE A NXIE TY ECO NO MY 29
WELLNESS
TECHNOLOGY
Larq
TEC HNOLO GY THE A NXIE TY ECO NO MY 37
Larq
TEC HNOLO GY THE A NXIE TY ECO NO MY 38
SimpliSafe
TEC HNOLO GY THE A NXIE TY ECO NO MY 39
of eliminating them. Mercedes-Benz • “The 2019 Super Bowl Ads are a Case
went for more traditional appeal Tech Study in Technological Dread.” He
with the idea that voice-activated design laments Amazon’s ad, which primarily
technology can make humans feel demonstrates the company’s “tone-
is also
good, showing “Say the Word” in its deafness to the fear that its own
shifting as
spot to illustrate what life would be power stokes... We are meant to
like “if only everything in life listened
companies be charmed, rather than terrified,
to you like your new A-class.” strive by speculative fiction about the
to make whoopsie doodles of the world’s
Amazon admits in its ad “Not themselves largest internet company.”
Everything Makes the Cut” that being and their
too dependent on Alexa’s capabilities devices In its Super Bowl ad “RoboChild,”
might spell trouble, comedically appear less TurboTax opts to acknowledge to
suggesting that its voice assistant sinister consumers’ growing distrust of bots
can’t—and probably shouldn’t—do and more by assuring viewers that it uses
everything. This is underlined when, real humans in its customer service
relatable.
to the dismay of actor Harrison Ford, interactions. It playfully highlights the
•
his dog orders a truckload of dog limitations of technology by creating
food from Amazon, thanks to an a Pinocchio-like robot who has yet to
Alexa-powered smart collar. perfect his emotional intelligence.
themselves and their devices appear artwork that adapted to the moods
less sinister and more relatable. of passersby and was designed to
At CES 2019, Samsung unveiled a evoke positive feelings. The project,
home medical care robot, Bot Care, by Swedish media company Clear
which, in addition to performing Channel, could serve as inspiration
services such as health checkups for other anxiety-ridden cities across
and heart-rate tracking, shows its the world.
own “feelings” via digital eyes on
its display screen “face.” The bot is
curvy, cute and creature-like, much
like Honda’s 3E-A18 robot, debuted
at CES 2018, which is designed to be
empathetic.
TAKEAWAYS
1. Political and environmental upheavals Super Bowl ad to a trendy D2C startup’s sale of
are certainly causing feelings of panic and medication for social anxiety. “Miraculous” CBD
helplessness, but they are also pushing remedies and self-care itself are also attracting
consumer awareness to new heights. A 2017 their share of skepticism, and entrepreneurs in
Cone Communications study showed that 87% of the space are scrambling to curb the confusion.
Americans would purchase from a business that
supports environmental or social issues they care 4. The uncertain implications of technology’s
about. Consumer demand for change is pushing transformative power are terrifying for many
companies to become extra-creative on all fronts; consumers, and tech companies of all sizes, from
for example by disrupting online retail with zero- giants to startups, know it. Tech innovations are
waste innovations, or using fashion to inspire being promoted as ways to tackle major world
action on climate change. problems and make consumers feel safer in their
homes, schools, and communities—and tech firms
2. As consumer trust in major institutions erodes, are making it a priority to seem human-centric
big brands are trying to change tactics before it’s and relatable.
too late. In this post-truth world, companies are
aligning themselves with transparent initiatives, 5. Dystopian interpretations of the future are
making emotional connections with consumers influencing almost every area of culture, from
through social issues, and getting more personal fashion and beauty to entertainment and art.
with micro-influencers. Some manifestations are practical and utilitarian,
while others, such as the wave of young
3. Some companies are causing controversy by Instagrammers experimenting with grotesque
cashing in on consumer fears, from Budweiser’s beauty, serve as outlets for entirely new forms
questionable focus on corn syrup in its 2019 of expression.
About the Innovation Group Contact:
The Innovation Group is J. Walter Thompson’s futurism, research and Lucie Greene
innovation unit. It charts emerging and future global trends, consumer change, Worldwide Director of the Innovation Group
and innovation patterns—translating these into insight for brands. It offers J. Walter Thompson Intelligence
a suite of consultancy services, including bespoke research, presentations, lucie.greene@jwt.com
co-branded reports and workshops. It is also active in innovation, partnering
with brands to activate future trends within their framework and execute new Creative director
products and concepts. It is led by Lucie Greene, Worldwide Director of the Emma Chiu, the Innovation Group
Innovation Group.
Writer
About J. Walter Thompson Intelligence Jessica Rapp
The Innovation Group is part of J. Walter Thompson Intelligence, a platform
for global research, innovation and data analytics at J. Walter Thompson Sub editor
Company, housing three key in-house practices: SONAR™, Analytics and Hester Lacey
the Innovation Group. SONAR™ is J. Walter Thompson’s research unit that
develops and explores new quantitative and qualitative research techniques —
to understand cultures, brands and consumer motivation around the world.
It is led by Mark Truss, Worldwide Director of Brand Intelligence. Analytics Cover image
focuses on the innovative application of data and technology to inform and Merger by Keiichi Matsuda
inspire new marketing solutions.