Showing posts with label trends. Show all posts
Showing posts with label trends. Show all posts

Tuesday, January 5, 2010

Trends to watch in 2010 - Embedded Generosity


Now that we're over the "best of" lists that look nostalgically at 2009, it's on to thinking strategically about the consumer trends that will impact the new decade we've entered and what it will mean for the brands we're working on.

One of the most inspiring trends to me as a marketer is the Generation of Generosity. This trend reflects a wide array of thinking - from companies that share everything they know for free - to bloggers and tweeters that share stories and information to help others. A great example of the former is Hubspot, a B2B company based in Cambridge Mass. that publishes all its methodology and even holds free "university" webinar classes so that people can learn new insights and technology in order to become better internet marketers. And of the latter, some of my favorite sites include presentation zen and harvard business where I'm always learning new information on topics that interest me or following #tags on twitter to be part of a larger converstion on a specific topic.

In the spirit of generosity, trendwatching.com (another favourite site) predicts that we'll see more of something they term EMBEDDED GENEROSITY. This trend ..."incorporates all giving initiatives that make giving and donating painless, if not automatic (after all, pragmatism is the new religion ;-). On top of that, with collaboration being such an integral part of the zeitgeist, expect lots of innovative corporate giving schemes that involve customers by letting them co-donate and/or co-decide".

This idea is not new - Starbucks has adopted EMBEDDED GENEROSITY as a way of doing business for years, especially around its Cafe Practices coffee sourcing program and most recently, in conjunction with Starbucks RED.

So does this feel like an evolution of "cause marketing"? Perhaps so. The point here for marketers is that EMBEDDED GENEROSITY works when its authentic and transparent. Done well, it provides a rich landscape for storytelling providing the consumer with the opportunity for more meaningful involvement. And if you're not doing it, well you might very well be standing apart from your competition.

Here is the list of examples from trendwatching.com from 2009, one of which (Campbell's) is a favorite that I've already featured on The Orange. Some ideas to spark inspiration for brands as we begin 2010.

  • Australian Baby Teresa manufactures and sells a variety of 100% cotton onesies for babies, and, for each one purchased, donates another to a baby in need somewhere in the world.
  • IKEA’s SUNNAN LED desk lamp is powered by solar cells. The product retails for USD 19.99, and for every unit sold in IKEA stores worldwide, another one will be donated to UNICEF to give to children without electricity in refugee camps and villages in remote areas.
  • Still going strong, Procter & Gamble and UNICEF have joined forces for the fourth year running, in an effort to raise money for tetanus vaccines. Each time a pack of the Pampers or Fairy brands bearing a "1 Pack = 1 Life-Saving Vaccine" logo is purchased, P&G will donate the cost of one vaccine to UNICEF.
  • TOMS Shoes donates a pair of shoes to a child in need for every pair they sell online. As of August 2009, TOMS has given over 150,000 pairs of shoes to children in need. TOMS shoes plans to give 1 million shoes by 2012.
  • Sage Hospitality is encouraging consumers to complete 8 hours of volunteer service in exchange for 50% - 100% off published room rates in their 52 hotels. To take advantage of the 'Give a Day, Get a Night' scheme, customers must present a letter from the organization they worked for.
  • Give a Day, Get a Disney Day aims to celebrate and inspire volunteerism. Disney is working with HandsOn Network to highlight a variety of volunteer opportunities with participating organizations across the United States, Puerto Rico and Canada. Starting this month (January 2010), those who contribute their time can have it verified by HandsOn and they'll receive a voucher from Disney for one day admission to a Walt Disney World or Disneyland theme park.
  • Servus, a Canadian credit union, began handing out CDN 200,000 in ten-dollar bills, giving 20,000 people the opportunity to create a Feel Good Ripple by spending the money on someone else. By pledging CDN 200,00 to the effort, the company hopes to start a ' kindness movement' that will positively affect at least 20,000 people. Servus is distributing the bills through its branches throughout Alberta, and asking participants to write up stories of their kindness online.
  • Campbell's Help Grow Your Soup campaign aimed to raise money to maintain farm buildings in need of refurbishment. The campaign asked consumers to vote for one of ten barns in need of work, and for every vote until January 2010, Campbell donated 1 USD to restore the five barns which receive the most votes.
  • In October 2009, Twitter’s owners announced that they will begin selling wine through their label, called Fledgling Wine. The wine will be bottled from August 2010 and USD 5 of every bottle sold will go to Room to Read, a charity that organizes literacy programs for children around the world.
  • Chicago's Hotel Burnham launched the charity based initiative 'Casual Blue' in 2009. A USD 10 room credit is given to patrons who leave a pair of (old) jeans, which are then donated to local charities.
If you have other favourites you'd like to add to the list, let me know!


Source: www.trendwatching.com. One of the world's leading trend firms, trendwatching.com sends out its free, monthly Trend Briefings to more than 160,000 subscribers worldwide.

Thursday, October 1, 2009

Exploiting Chaos - an interview with author Jeremy Gutsche


The great thing about reviewing books on the Post2Post Book Tour is that you get to meet some very interesting people as well as get a chance to delve into some juicy topics. (If you are not familiar with the tour, it was started by the brilliant Paul Williams over at Idea Sandbox). This month's topic is about trends and innovation.

What? Does the world need another book on innovation?

I'll let you, the reader, decide that. In the meantime, I'd like to introduce you to Jeremy Gutsche. He's 31 and is the founder of Trendhunter.com. What makes Trendhunter different is that it's a crowdsourcing site where over 28,000 trend spotters contribute emerging or different "trends" from around the world. The premise of Jeremy's book, Exploiting Chaos, is that instead of retreating in times of chaos, companies should exploit trends to spark innovation and creativity.

Jeremy is a gutsy and creative entrepreneur. He's also an impressive PR machine and promoter. (In many ways, this book's core purpose is to drive traffic to the Trendhunter website - in fact you can download the first chapter by visiting it here).

Each page challenges the reader to think differently. Some headlines are smart "Fight the confidence that you know your customer" and some rather cliche "Cross-pollinate your ideas". For those who prefer more structure, there's also an Exploiting Chaos model.



While none of the ideas or approaches in the book strike me as being that unique or new (my belief is that most companies look at social, economic or even political trends to inform strategy or spark new thinking), the book still has merit. One way I could see using this book is as a thought provoker. One could, for example, pick a concept from the book and use it as the lens by which you view your brand, company or leadership challenge from a different perspective. If you do pick up the book, I'd love to hear your opinion and how you've benefited from reading or using it as a tool to spark innovation.

Okay. Now on to the interview with Jeremy.

KK. What was the goal of writing this book? Who do you think will benefit most from reading it?

JG. People get all absorbed by the doom and gloom of the current recession, but some of the most iconic companies were founded during economic downturns, including: Microsoft, General Electric, HP, Apple, Amgen, Hyatt, EA, and Fortune Magazine. The book was written in a way that it could help to inspire anyone with an idea, from those stuck in large organizations to entrepreneurs alike.

KK. Your book is packed with ideas and images – what’s the best way for the reader to approach your book?

JG. Our reading habi ts have entirely changed in the last decade. Driven by media clutter and our shrinking attention spans, our world has become headline obsessed. Hence, this book is visual and action packed, offering two ways to read:
  1. Consume the content front-to-back

  2. Just read the headlines on each page. They flow together and will help spark your next big idea.

KK. You quote Jay Handleman; “Through cool hunting, marketers are able to identify cultural meaning of trends ahead of competitors” With over 50,000 ideas on trendhunter.com, how do you differentiate between a trend and a fad? Should marketers care?

JG. Trend Hunter differentiates between micro-trends and clusters. The front page of our site features 50,000 globally crowd sourced micro-trends or ideas, and then on our research side we crowd filter the best micro-trends and group them into more meaningful clusters of opportunity. If you are looking for bold new idea and inspiration, our front page can help to keep you on the cutting edge, expecially if you are a marketer, designer or innovator. If you are looking for deeper knowledge and trend research, our trend reports offer greater insight into the pulse of pop culture.

KK. Do you believe that innovation spark trends or do you think trends spark innovation?

JG. Both. New technologies and creative ideas enable new trends to exist. Those trends then give birth to new platforms for technological research and creative endeavours.

KK. You write “culture is more important than strategy”. This is certainly bucking the trend from what they teach you at biz school. Can you provide some context for this bold declaration?

JD. Very few CEOs would disagree about the importance of culture. The point of this statement is to illuminate the idea that even if you have meaningful direction, cultural alignment and execution are paramount to success. At the end of the day it doesn't matter how sexy your powerpoint strategy slides are if the organization isn't ready to embrace change, obsess about the customer and pursue an aligned goal.

KK. You have created the “Exploiting Chaos” framework as a key component of your approach. How is this different from other innovation frameworks?

JG. The EXPLOITING CHAOS framework teaches readers how to reinvent SPECIFICALLY during times of chaos and change, whether in an area of growth and bubbling opportunity or periods of downturn and dismay.

KK. For the launch of this book you dressed up in a hotdog suit and had a flashmob high-fiving 5000 people in 5 minutes in downtown Toronto . Can you explain how this event ties in with the message of your book?

JG. The stunt was a fun way to generate extra exposure. On several levels the stunt was meant to exploit chaos. Our experience on Trend Hunter teaches us that flash mobing is hot, high fiving is culturally interesting, Kanye West is the most controvercial guy in pop culture and Ashton Kutcher is the #1 most followed guy on Twitter. At the same time both Kanye and Ashton have sourced Trend Hunter in their blog and twitter respectably. So we combined all of this together and popped out a publicity stung that for $5,000 generated us 320,000 views on Trend Hunter and about 80,000 views on YouTube... And we did it by taking a chaotic event and making it creative, which ties nicely with the title of the book. Through this and other social media campaigns we were able to generate 150,000 downloads of the book's first chapter, and propel it to become the #1 Most Popular book at CEO Read.


p.s. Here's the launch party


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Saturday, September 5, 2009

Cell phone Karaoke and Symphonies

I'm attached to my cell phone because it keeps me connected to the world but more and more because of all the cool things it does. In fact, I would say that I use my phone as a speaking device only 15% (or less) of all applications. I’m imagining the day when I'll leave the house with only my cell phone and a tube of lipstick. It will be my method of payment, the electronic key to my home, the device that starts the ignition in my car and opens the garage door automatically.


Some of the most innovative applications of the cell phone as social device are related to music making. There’s a whole new “genre” of music that the cell phone is inspiring, making the creation and perhaps even the enjoyment of music more accessible to generations who don’t have the access (or patience) to master a traditional instrument like the flute or violin.


Yet cell phones create both order and disorder. They can be very disruptive, annoying and downright rude. A professor of music from the Indiana University, David Baker, recently premiered the Concertino for Cell Phones and Orchestra. He wanted to illustrate how cellular phones create both order and disorder in our society. "All man-made devices can be used for good and for bad," says Baker, who has been nominated for both a Pulitzer Prize and a Grammy. He adds that while cell phones are great for keeping in touch and getting help in emergencies, they're also very disruptive. The orchestra will alternate between using the cell phones melodiously and as interrupting, annoying rings.



Creating music and disruption has also been used in a fun way by Improv Everywhere who create flashmob events around the world.



Music is social - it brings people together; it's something we love to share. These new innovations will open up a whole new world of applications and creativity.

For other videos on cell phone music making , check out Mashable.

Monday, August 31, 2009

The Frugalista - the new cool



Consumer behavior has changed dramatically since the global recession hit. People are acting more conservatively, curtailing their spending, reducing debt, putting more money aside and looking for greater value. According to a study by McKinsey, spending fell in all categories and the reason for belt tightening was both by choice (55%) as well as out of necessity (45%).

What I find interesting is that the savings and debt averages we’re seeing today are in line with long term trends and are not considered abnormal. What has been abnormal is the broad based consumer spending and debt levels seen over the past two decades fueled by easier access to credit.

So what is the new normal going to be?

There is no reason to think that the new frugality mindset will change any time soon. The implication for marketers is to understand how this profound behavioral change will affect strategies fundamental to value creation and sustainable growth for their companies – everything from product development and life-cycle management through to building meaningful relationships and flawless customer service.

Being frugal, however, doesn't mean you can't be cool. Target is jumping on this and even created a new word - the "frugalista". Target is the expert on making discount shopping trendy - now with their "New Frugalista" advertising, blog and videos featuring well known voices in fashion, they want to make being frugal stylish.



My bet is that we'll see a shift in communications and advertising that will celebrate frugality and we'll see more products that are fashionable, affordable and smart because they use recycled materials. Again, Target is doing something innovative in this space with artist designed billboards in Times Square that will launch Labor Day weekend and later be converted into stylish, one-of-a-kind totes designed by Anna Sui.
Expect more, pay less - $29.99 actually.

Sunday, March 22, 2009

Brand in glove



When you think of global brands, you usually think of Dove, Coca Cola or Heineken. But TV shows and movies have also become “global brands”, spawning off trends, products and certainly shared experiences and social networks.


A current global success is “Desperate Housewives” which is viewed in over 50 countries and has made billions for ABC. A classic soap, millions of fans sit glued to their TV or interact with fellow viewers to discuss the latest episodes or flaws of their favourite characters.


I loved this quote describing the show that I found in The Independent. “Behind its white picket fence, Desperate Housewives can often be insulting and demeaning. It is, after all, a smart satire about materialism, which exposes the foibles of women who are outwardly racy, smart, and prosperous – yet in reality selfish, weak, and Machiavellian. The show's tone is part suburban pantomime, and part sexist cliché. But that, of course, lies at the heart of its appeal”.


Clever marketers and retailers are able to tap into the zeitgeist of a show and create products that catch the imagination of followers.


One such product that is making its way around the world are “Glovables”, diva-worthy gloves created by a smart entrepreneur from Chicago. These gloves, it seems, are not only gaining popularity in North America but are a hot new trend in Japan. These gloves strike the right note between brand badge and sophistication. Who needs to wear boring gloves washing dishes or gardening when instead you can gear up like Bree on Desperate Housewives, who has worn Gloveables on the show. What would the neighbours say!

Furthermore, these gloves have a heartwarming backstory. The idea was conceived by a woman entrepreneur who has bravely championed debilitating cancer. In addition, Gloveables’ parent company, Grandway, has built a wooden fabrication facility and a sewing factory to employ residents in Cholutecca, Honduras, a rural city with few employment opportunities. So by purchasing these gloves, you are helping to support the community where they are made.

A great example of the changing definitions of creating and of leveraging a global brand.