Creator explains mid-tier business decline from @the.ryanexperience
The creator presents a thesis that mid-tier hospitality is dying due to economic bifurcation. He supports this claim with data from news articles, explaining that the wealthy are spending more on luxury while the middle class either trades down or saves for high-end experiences, leaving no room for mediocre, overpriced options. He concludes by advising brands to choose a lane: either low-cost and efficient or unique and premium.
Creator: @the.ryanexperience on Instagram
Video format
Greenscreen Talking Head
Video outline
- State alarming industry prediction
- Provide data-backed explanation
- Explain resulting consumer behavior
- Deliver strategic survival mandate
Narrative framework
The Bifurcation Breakdown
Narrative framework logic
To present a shocking prediction about an industry, then deconstruct the economic forces causing a split between the high and low ends, ultimately arguing that the 'middle' is becoming unsustainable and forcing participants to choose a side.
Topics: Business, Restaurant, Brand Strategy
Formats: Greenscreen Talking Head
Elements: B-Roll Cutaway, Text Overlay, Jump Cut
Account types: Personal Brand
Transcript excerpt
In three years, half the bars, restaurants, and hotels you know won't exist. Let me explain why. It's not because of a downturn. It's because of the bifurcation. The top 10% of earners now drive over 50% of consumer spending. Luxury is booming. $200 dinners are packed, but mid tier brands are in the death zone. Since 2020, prices have risen upwards of 30%, but the experience has stayed the same or got worse. So consumers are left wondering, why am I paying $50 for this? The middle class is either trading down to save money or they're saving up to trade up once in a while for a great world class experience. There is simply no room left for mediocrity. Hospitality isn't dying. In fact, it's booming, but the middle is. Costs are soaring across the board. It is not economically feasible to run a mid tier brand. Brands need to pick a lane. Go lean, efficient, and low cost or unique, unforgettable, and premium because the middle is where brands go to die.
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