Henry Mason's 206. Crystal Apple Creativity Festival Presentation

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Transcript of Henry Mason's 206. Crystal Apple Creativity Festival Presentation

5 trends for 2015!Kristal Elma, 18 September 2014Henry MasonManaging Directortrendwatching.com

A QUICK WARM UP!

GOOD OR BAD IDEA?

3 INNOVATIONS:

Easy Fit & Return delivery service saves customers time

JEANS ONLINE

CATSTARTER Crowdfunding platform supports cat-related innovations

MCDONALDSBFF Timeout: encourages Filipinos to focus on each other rather than their phones

GOOD OR BAD IDEA?

3 INNOVATIONS:

Easy Fit & Return delivery service saves customers time

JEANS ONLINE

CATSTARTER Crowdfunding platform supports cat-related innovations

MCDONALDSBFF Timeout: encourages Filipinos to focus on each other rather than their phones

YOU AREN’T THE ONLY JUDGE

THINK ABOUT YOUR CUSTOMERS

BEFORE WE DIVE IN…

TRENDS?

Not fashion…

TRENDS?

More than just what’s ‘trending’

TRENDS, SMALL AND BIG

MacroConsumer

Industry

ABOUT US

Since 2002250,000 free subscribers, 1,200 Premium clients

2,500 spotters in over 100 countries

WATCHING TRENDS

TRENDS = OPPORTUNITIES

“We look for signals: things that have ‘unlocked’ or newly serviced an existing consumer need, desire, want or value.”

CHANGE

CHANGE?

EXPECTATION GAP

SPORTS CAR?

HOTEL?

DESIGNED IN CALIFORNIA

CHINA

MARKETING?

EXPECTATION ECONOMY

Who are you really competing

against?

KEY MESSAGE FOR TODAY

SO LISTEN UP! ;-)

GLOBAL BEST

PRACTICE

A curated snapshot...

READY TO RUN WITH!

Take these trends and examples, learn from them, adapt them, and launch innovations of

your own!

Vision

New business concepts

New products, services, experiences

Marketing, advertising, PR

WHERE TO

APPLY

WHO?

SYMPATHETICPRICING

CURRENCIESOF CHANGE

POLITENESSPAYS

POSTDEMOGRAPHICCONSUMERISM

VIDEOVALETS

FIVETRENDSFOR 2015

VIDEOVALETS

VIDEOVALETS

“Consumers will come to expect instant, webcam-enabled face-time with brand reps as and when they need it.”

“54% of UK

consumers say the most important factor when contacting a brand is being able to interact with a real person.”

(Vision Critical Research, Oct 2013)

VIDEOVALETS

VIDEOVALETS

Bank of AmericaLive video chat with bank staff via ATM

VIDEOVALETS

Amazon: Mayday button offers live video customer support - 75% of requests now use the button.

REMEMBER, WITH TRENDS…

EXPECTATION GAP

VIDEOVALETS

FiatLive staff-guided vehicle exploration via webcam

Think about how new technologies can simplify or even enhance the customer experience!

LIGHT-BULB MOMENT:

SYMPATHETICPRICING

CURRENCIESOF CHANGE

POLITENESSPAYS

POSTDEMOGRAPHICCONSUMERISM

VIDEOVALETS

FIVETRENDSFOR 2015

SYMPATHETICPRICING

SYMPATHETICPRICING

“Brands are offering imaginative discounts that relieve lifestyle pain points, offer a helping hand in difficult times, or support a shared value.”

“Only 9% of brands make a meaningful difference in people's lives.”

(Havas, June 2013)

SYMPATHETICPRICING

BrahmaBeer brand campaigns to reschedule Valentine's Day

SYMPATHETICPRICING

BGH: Hot apartments receive discounts on AC units in Argentina: USD 14m in sales

SYMPATHETICPRICING

SYMPATHETICPRICING

EasyTaxiDiscounts for solo Filipino women after physical assaults

Union Square Mall10% discount for ‘gingers’ at shopping centre

SYMPATHETICPRICING

How could you show compassion and purpose with your pricing?

LIGHT-BULB MOMENT:

SYMPATHETICPRICING

CURRENCIESOF CHANGE

POLITENESSPAYS

POSTDEMOGRAPHICCONSUMERISM

VIDEOVALETS

FIVETRENDSFOR 2015

CURRENCIESOF CHANGE

The desire for self-improvement is universal.

CURRENCIESOF CHANGE

“73% of people give up on their goals to lose weight, get fit or train for an event within 6 weeks.”

(Harris Interactive, December 2012)

CURRENCIESOF CHANGE

“Only 10% of people who register for MOOCs (Massively Open Online Courses) complete their course.”

(Coursera, April 2013)

CURRENCIESOF CHANGE

CURRENCIESOF CHANGE

“Brands that use personalized deals & discounts to motivate consumers to reach their goals will be welcomed.”

CURRENCIESOF CHANGE

airBalticFrequent fliers rewarded for burning inflight calories

CURRENCIESOF CHANGE

Alfa-BankBank incentivizes exercise with higher interest rates

CURRENCIESOF CHANGE

UNAM Foundation Recycled plastics exchanged for bus travel, airtime and more.

CURRENCIESOF CHANGE

Etiqa MotorTakafulAuto insurer rewards young drivers for slowing down

How could you incentivize consumers’ BETTERMENT?

LIGHT-BULB MOMENT:

Vision

New business concepts

New products, services, experiences

Marketing, advertising, PR

WHERE TO

APPLY

WHO?

SYMPATHETICPRICING

CURRENCIESOF CHANGE

POLITENESSPAYS

POSTDEMOGRAPHICCONSUMERISM

VIDEOVALETS

FIVETRENDSFOR 2015

POLITENESSPAYS

“In 2015, smart brands will realize that it's often other consumers who have the greatest impact on customer experience – good or bad.”

POLITENESSPAYS

POLITENESS PAYS

La Petite SyrahCafé rewards polite patrons with discounts

Meadowhall Mall unveils lanes for fast and slow shoppers

POLITENESS PAYS

BFF Timeout: encourages Filipinos to focus on each other rather than their phones

POLITENESS PAYS

Are there any ways you can help your customers to be more considerate?

LIGHT-BULB MOMENT:

Vision

New business concepts

New products, services, experiences

Marketing, advertising, PR

WHERE TO

APPLY

WHO?

SYMPATHETICPRICING

CURRENCIESOF CHANGE

POLITENESSPAYS

POSTDEMOGRAPHICCONSUMERISM

VIDEOVALETS

FIVETRENDSFOR 2015

CURRENCIES OF

CHANGEHERITAGEHERESY

VersaceFashion brand partners with singer for counterfeit-inspired collection

HERITAGEHERESY

Four SeasonsLuxury hotel brand launches food truck road trip

HERITAGEHERESY

CURRENCIES OF

CHANGE

POST DEMOGRAPHIC CONSUMERISM

“People’s consumption patterns are much less predictable by traditional demographics: age/ gender/ place/ income”

PDC

“Yes, younger people are (still) usually the earliest adopters. But little, if anything, now remains the preserve of a single demographic for long.”

PDC

CURRENCIES OF

CHANGEGLOBALCULTURE

72% of BRIC millennials feel that ‘people are more alike around the world than they are different

SHARED(BRAND)

EXPERIENCE

CURRENCIES OF

CHANGESHIFTINGSTATUSSHIFTINGSTATUS

48% of neo-sharers are 18-34. 33% are 35-54, and 19% are 55+.

“If you look at the list of the 1,000 favorite artists for 60-year-olds and the 1,000 favorite artists for 13-year-olds,

there is a 40% overlap”

(Guardian, May 2014)

SILOEXPLOSION

CURRENCIES OF

CHANGE

COLLAPSEOF

CONVENTION

“In 2013, 16% of new mothers were unmarried (up from 10% in 2009)”

GfK Roper, via JWT.

COLLAPSEOF

CONVENTION

BLURRED DEMO-

GRAPHICS

There has been a 400% increase in multi-racial marriages in the US in 30 years

SO WHAT?

NEW NORMAL

Coca Cola: Superbowl ad celebrates racial diversity

POST DEMOGRAPHIC CONSUMERISM

NEW NORMAL

Tanishq: Indian jewelry ad celebrates remarriage

POST DEMOGRAPHIC CONSUMERISM

Four SeasonsLuxury hotel brand launches food truck road trip

HERITAGEHERESY

POST DEMOGRAPHIC CONSUMERISM

HYPER DEMOGRAPHIC IRONY

Lean Machine Ale: Low-calorie beer aids post-workout recovery

POST DEMOGRAPHIC CONSUMERISM

CROSS DEMOGRAPHIC FERTILIZATION

DDP Yoga: Ex-wrestler creates ‘macho’ yoga

POST DEMOGRAPHIC CONSUMERISM

WHO?

How will a post-demographic world shape your marketing in 2015?

LIGHT-BULB MOMENT:

Just the tip of the iceberg

A framework for understanding

CHANGE

CHANGE?

EXPECTATION GAP

APPLY!

APPLY!

APPLY!

Vision

New business concepts

New products, services, experiences

Marketing, advertising, PR

WHERE TO

APPLY

WHO?

www.trendwatching.com/trends/consumertrendcanvas

GOOD TIMES!

TEŞEKKÜR EDERIM!

henry@trendwatching.com