Spas See Greener Days Ahead
With the economy slowly pulling itself out of the doldrums, businesses are still cautious as are consumers. Every dollar is being scrutinized to maximize purchase. Over the past two years consumers have demonstrated that their discretionary spending is limited to high value/price goods and services. The spa industry has been similarly affected. The "...build it and they will come" approach is outdated because simply offering pampering and self indulgent services doesn't seem to resonate with most consumers. Savvy spa goers expect more, and spas need to adopt, promote and deliver on value propositions that address customers' needs and concerns within the framework of the current economic conditions.