
We at the Wedding Experience are constantly looking at stats, numbers, and results in not just the wedding industry, but also in social media, and the general economy. You always need to be looking ahead and thinking ahead, otherwise you fall behind. As technology keeps changing almost every year, you either adapt or loose business. This is going to become ever harder in the wedding industry in the next 10 years for several reasons.
People in their 20′s-30′s-40′s are going through something that their parents generation never had to deal with . . . they aren’t retiring. The Baby Boomers celebrated a time when their parents retired and it cleared the workforce for a new generation to take the place of the “Greatest Generation.” Recently on CNN (http://money.cnn.com/2011/11/16/retirement/age/index.htm) we have seen that the Baby Boomers are going to work late into life and not retire for quite a while, if at all.
This is a problem because that means the people that should be retiring and making way for the new generation is still working and taking clients.Right now there is a generation that is making it’s mark, and in 10 years another generation that will be pushing in. The whole time the number of people getting married is not rising proportionally to how many vendors there are. You will have 3-4 generations of vendors going after the same number of clients. This means you need to be on the cutting edge, doing something different, reaching the clients in a different way . . . and you better be doing it now! If you don’t you will be left behind.




















