Coming Of Age
Entrepreneurs get in the spirit as New Age products gain a mainstream following.
URL:
http://www.entrepreneur.com/magazine/entrepreneur/1996/july/26492.html
Something funny has happened to the New Age movement-it's
gone mainstream. Whether it's due to spiritual longing,
environmental concerns, changing attitudes, impending millennial
fever-or, more likely, a combination of all of the above-a
surprising number of consumers are embracing products previously
thought of as, well, weird. And, as incense burners, love beads and
Gregorian chants captivate the masses, it's clear New Age
entrepreneurs are tapping into a force perhaps even more powerful
than they ever envisioned.
"People are searching for other ideas because the old ideas
aren't working," says Eric Sherman, owner of Central
Casting, a Berkeley, California, company that sells an extensive
line of
metaphysical jewelry. "People are moving away from
traditional religions, medicines and lifestyles and are looking for
alternatives."
Sherman, 48, who launched his company four years ago, does his
part by offering alternative-seeking consumers merchandise ranging
from medicine bags and I Ching medallions to zodiac talismans and
endangered wildlife pendants. "What we are basically selling
is ideas," he explains, "ideas for people to grasp ahold
of and think about."
The New Age movement is gaining momentum at the same time the
baby boomers are moving into middle age-a time in life typically
associated with introspection and facing one's own mortality.
Coincidence? Many experts don't think so.
And even though more than a few baby boomers are part of the New
Age audience today, their impact on the movement is almost
certainly eclipsed by the Generation X crowd. For it is the younger
consumers-the children of yesteryear's flower children-that are
proving to be the prime market for all things ethereal.
"It's a growing movement among younger people,"
affirms Rick Rowland, 37, co-owner of 20-year-old Nashville,
Tennessee, company Music City Marketing Inc., which wholesales New
Age products such as American Indian crafts, mineral key chains and
crystal balls to retailers worldwide. "The [flower children of
the 1960s] were looking for something-enlightenment or whatever. I
think it's natural that their children [have] the same
curiosities."
"The flower children of the '90s are really going for
this," agrees entrepreneur Joe Bonk, 40, of the jewelry and
incense burners made from Fimo clay and sold by his Ormond Beach,
Florida, company, Going Bonkers Inc. "Incense burners have
gone through the roof!"
But the times, oh, how they have a-changed. Although spiritual
paraphernalia is still sold in the thousands of New Age shops
throughout the country, retailers as diverse as department stores,
gift shops, drugstores and theme parks now traffic in the
otherworldly as well. "It's so mainstream," says
Bonk, "you can sell [these products] in a mall."
Don't criticize what you may not understand, however:
We're not talking about Woodstock redux. "The people who
grew up in the '60s, when people were [commonly] smoking pot,
automatically think incense is used to cover up pot smoke,"
says Marc Biales, 46, founder of Wild Berry Incense in Oxford,
Ohio. "But people who didn't grow up with this experience
don't look at it quite the same. They just want to put a
fragrance in the room."
What's the one caveat you must-absolutely must-heed in the
New Age industry? Simple: Don't try to pull the wool-or, in
this case, the beaded curtain-over the eyes of your customers. This
is too smart a market, say entrepreneurs, to be swayed by crass
commercialism or false prophets.
"If you [try to fool people], they will know because this
customer is definitely intelligent," warns Sherman, who speaks
from 20 years of industry experience. "So having proper
product knowledge is key. Second, integrity [is essential]. The
consumer who buys this mer-chandise understands products with
integrity and looks down on those products that are [overly]
commercialized."
"Treat the consumer with respect," echoes Rowland,
whose company began emphasizing New Age merchandise in its product
line nearly seven years ago. "New Age consumers aren't
stupid. They're very conscious; they're very aware. And I
think they're only going to become more aware as time goes
on."
Fortunately, you won't need to consult a crystal ball to
fathom the minds of this sophisticated audience. "Do some
research," urges Rowland. "Do what we do: Go to stores.
Talk to people. Observe the consumer. Go to trade shows. Look at
the publications; read the articles. There's a myriad of
information out there."
There's a myriad of opportunities, too. To wit,
Rowland's company-which touts itself as selling "products
for the free spirited"-is expected to continue enjoying
double-digit percentage growth. Bonk raves about 300 percent growth
in the last several years and predicts sales of $750,000 this year.
Biales says his company experienced growth of nearly 80 percent
last year. And, for fiscal year 1995, Eric Sherman's Central
Casting reports sales in excess of $5 million.
"The New Age market," muses Rowland, "has really
been a wonderful thing for us."
It is a wonderful market, to be sure. It's also one that
defies easy description. Within the New Age category, a
mind-blowing array of products, literature and activities seem to
fit. Aside from those previously mentioned, there are Chinese
therapy balls, reflexology charts, numerology-themed jewelry,
herbal remedies, psychic hotlines, spiritual retreats, self-help
books with a spiritual slant and, of course, all things angelic.
Some items-such as lava lamps and peace-sign pendants-are
throwbacks to a not-too-distant past. Others-such as incense-go
back a whole lot further.
"Incense has been with mankind forever," says Biales.
"It's not really new; it's just popular
again."
Of course, everything old is not New Age-just as the term
"New Age" might be considered something of a misnomer.
Perhaps the best way to put it is to say that enlightenment is in
the eye of the beholder and, as mainstream America continues to
popularize the quest for spiritual meaning, there will be an even
more impressive array of merchandise to behold. Ultimately, this
makes it all the more critical to stay one step ahead of the
market.
"We try to keep our minds and eyes open," says
Rowland. "As far as product categories are concerned,
you're going to have tarot cards, you're going to have
incense, you're going to have candles-but we're always
looking for new products within those categories."
"We're constantly trying to come out with new
products," agrees Bonk. "[We want] to captivate a whole
new audience and keep the audience we already have."
Ahh . . . the audience. Although it once seemed unlikely that
Buddhism would play in Peoria, it now seems almost inconceivable
that the widespread yearning for divine wisdom should soon pass.
Not with skyrocketing health-care prices making alternative
medicine an attractive option. Not with a younger generation
fixated on environmental issues. Not with the millennium in sight.
Not with technological advances giving rise to so much collective
anxiety. Not, in summary, with the way things are. The more complex
the world becomes, the more we look for answers to make sense of
our own lives.
All of which bodes well for New Age entrepreneurs. "As our
Generation X customers continue to mature," speculates
Rowland, "I think they're only going to become more
concerned and more interested in improving their bodies and minds
and their outlooks on life."
Entrepreneur Joe Bonk is equally enthusiastic. "I really
see [this industry] growing bigger," he raves. "It's
going to keep going on and on and on and on."
Kind of like the quest for spiritual enlightenment itself,
wouldn't you say? It's a journey with so many roads, so
many passengers . . . and so many possibilities.
Copyright ©
2008 Entrepreneur.com, Inc. All rights reserved.
Privacy Policy