虎嗅

"Small is beautiful: Young people no longer want to pay the price for 'having too much'"

原文:小小的,就很好:年轻人不愿再为“过度拥有” 买单

Summary of Key Points

Recently, a trend of "miniaturization" has swept across a wide range of products, from ice cream and perfumes to makeup and household items. Miniature versions of popular brands like Menglong ice cream can be consumed in just a few sips, 10ml perfumes can be worn as accessories, and makeup products can be designed to serve as phone holders or keychains. This trend is not only popular in China but also in the American market, where sales of mini drinks have increased by 51%, and the growth rate of small-sized household items and single-serve foods has surpassed that of larger products. At the heart of this change is a shift in the consumption mindset of younger consumers: from hoarding goods for cost-effectiveness to purchasing what they need, owning less, and updating their possessions more frequently. Brands have responded by repositioning mini products from mere bonuses to standalone items with additional social and decorative functions.

The Miniaturization Trend Is on the Rise: Everything from Food to Everyday Items Is Getting Smaller

You've probably noticed this around you—cute mini versions of popular products have become more common, such as Menglong ice cream in small cubes, perfumes reduced from 100ml to 10ml with attached straps, and lipsticks turned into keychains. Even the United States, known for its large packaging, has seen a 51% increase in sales of mini drinks this year, with smaller household items and single-serve foods outpacing larger versions.

The beauty industry has been a pioneer in this trend. Data from REDnote shows a 11,600% increase in searches for "hangable cushion makeup" and a 145% increase in searches for "MINI makeup." For example, the brand OOTIN has created "miniature" versions of its products that resemble old-fashioned communication devices, while WENXIAN's 10ml perfumes, paired with traditional Chinese-style straps, have become highly sought-after items on social media. These mini products are no longer just scaled-down versions of their larger counterparts; they have evolved into stylish and versatile items that can enhance one's appearance and facilitate social interaction.

Why Do Young People Prefer Mini Products? It's About Avoiding Overconsumption

Many people assume that the preference for mini products is due to budget constraints, but that's not entirely the case. The real reason lies in the changing lifestyle of younger consumers:

1. No need for hoarding: Shopping has become much more convenient with services like Taobao's flash sales and Meituan's instant delivery, making large packaging less practical. This is already the case at 7-Eleven in Thailand, where convenience stores sell skincare and health products in small quantities. This trend is likely to spread to China as well.

2. Lower barrier to trying new things: Mini products offer an affordable form of luxury—consumers can try high-end brands for a fraction of the cost, satisfying their desire for self-reward or novelty without having to buy large bottles that they might not finish.

3. Shift from impulse buying to more rational choices: In the past, samples were often given as freebies with larger purchases. Now, young consumers are more focused on whether a product suits them rather than the quantity of samples provided. For instance, a former L'Oréal employee noted that excessive samples in Chinese live-stream sales often result in products that consumers never use.

The Appeal of Mini Products Goes Beyond Size: Function, Aesthetics, and Social Interaction

Mini products are successful because they turn their small size into a competitive advantage:

  • Enhanced functionality: Makeup products can serve multiple purposes—powder packs can be used as phone holders, and lipsticks as keychains.
  • Emotional appeal: The cute, compact design appeals to young people. For example, the "mini makeup" trend on REDnote has garnered 65.7 million views, as consumers share their mini products like toys, experiencing immediate joy.
  • Social sharing: Mini products look great on mobile screens, whether in unboxing videos, fashion posts, or bag displays. A video showing a mini makeup bag on REDnote received 40,000 likes, and a TikTok post about mini makeup garnered 150,000 likes.

New Challenges for Brands: Reimagining Their Approach

For brands, adopting miniaturization means changing their strategies:

1. Revised design philosophy: While larger packaging used to emphasize durability, mini products require a focus on portability, aesthetics, and social appeal. For example, keychain-sized makeup must be designed to be easily usable and practical.

2. Increased supply chain complexity: The variety of packaging and design requirements for mini products lead to higher production costs. Brands need to balance innovation with cost-effectiveness.

3. Changing consumer behavior: Samples were once used to encourage purchases of larger products, but now mini products are often purchased for their own value. Brands are creating limited editions and collaborations to make them more appealing to consumers.

The Underlying Shift: From Hoarding to a More Balanced Lifestyle

The miniaturization trend reflects a shift in consumer values from hoarding as a means of security to a more moderate approach to possessions. In the past, consumers would stock up on items in case of shortages; now, with an abundance of choices, they prefer to own fewer items that they can update regularly. This shift is part of a broader trend towards a more minimalist and enjoyable lifestyle.

In summary, the miniaturization trend is about reducing the size of products while enhancing their functionality, aesthetic appeal, and social value. It represents a shift in our desire to own "just enough" rather than "as much as possible." This analysis explains the trend in simple language, covering the phenomena, underlying reasons, and the changes in both brands and consumer behavior, making it accessible to those outside the financial and business community.