Savvy Trend Watching
Trends. Fads. Styles. Innovations. Each brings new ideas, fresh thinking and novel motivations into the marketplace. Consumers track them for new “things” and new modes of self expression. Marketers track them for new ways to communicate with and meet the needs of consumers.
In order to follow trends without sabotaging your brand, you have to monitor their impact, success or failure, and apply that information to your own products and consumers — carefully.
If you can do that successfully, you’ll gain a competitive advantage: connecting with your consumer in a meaningful way.
Here are a few ground rules to keep in mind:
- Focus on trends rather than fads: Fads are short-lived, while trends take longer to build up momentum and tend to last longer — sometimes years or even decades.
- Understand that there are different kinds of trends and they should weight in on your brand decisions differently. Macro, consumer and industry trends each bring unique influences that can not be handled the same.
- Use trends to help shape and inform new new business concepts, products and services.
- Use trends to inform the way you sell your goods and services and build better communication with your consumer.
- Do not use trends to shape your company’s core.
Making business decisions based on savvy trend watching does not need to be scary. Just think of it as a way to keep your brand fresh and evaluate the way you communicate with your target audiences.


