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What is new is hot in the fitness business. Six drivers are making NEWISM an important trend in the fitness industry and major brands are taking advantage of it. From Fresh Fitness to Les Mills, the industry is being reshaped and NEWISM is a big part of it.
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NEWISM
Significant Trends In Health & Fitness for 2013 & Beyond
BRYAN K. O’ROURKEbryankorourke.com | trendwatching.com
October 2012
6 Forces Making NEWISM Relevant: More than ever, consumers lust after the new. Here’s
why that spells heaven or hell for fitness brands.
NEWISM introduction and thank you
Greetings,
Thanks for checking out this overview of an important trend called NEWISM.
Six driving forces are making NEWISM relevant to the fitness industry. I share examples of these in this presentation, but there are many more. Stay tuned for additional articles and information that touch on these and other important trends at bryankorourke.com. For updates follow me on your favorite social networks. The fitness industry is changing and its an exciting time to be involved.
Please feel free to share this trend deck with your organization, colleagues and via social media. I am very interested to learn your thoughts and really appreciate your taking the time to review the information. If I can be of any help just let me know.
All the best, @bryankorourke
BRYAN K. O’ROURKE bryankorourke.com | trendwatching.com2
October 2012
NEWISM what is fresh is good
Why ? “NEW” has never been hotter in health and fitness
3@bryankorourke
NEWISM creates excitement and happiness
Why ? “New” the very notion is a positive one4@bryankorourke
NEWISM is unfamiliar and impactful
Why ? “NEW” is about BETTER MORE INTERESTING EXPERIENCES
5@bryankorourke
NEWISM creates opportunity and adversity
Some Brands Will Take Advantage And Others Will Suffer
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6 DRIVERS OF NEWISMThe 6 drivers that are making
NEWISM relevant are: @bryankorourke
“Brands will be built and
others will fall on the backs
of these trends.”
NEWISM challenges the past
1. CREATIVE is OUTPACING DESTRUCTION
From micro-gyms to budget clubs, NEW delivery models, including digital fitness, are taking market share from traditional health clubs. At the same time the health care delivery system is being revolutionized through economic and technological innovations. This is creating a new era. The pace of NEW creation is outstripping the pace of destruction, and its only the beginning of a sea change occurring throughout many industries. 2 million patents were applied for in 2010
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@bryankorourke
1
CREATIVE DESTRUCTION
NEWISM is faster and faster
2. FSTR - Excitement and Attention are Accelerating
Kickstarter enables any one to test, fund and launch an idea.
Pebble is a customizable watch.
Users download new watchfaces, use
sports and fitness apps, get notifications
from their phones. It received $10 Million
in 37 days via Kickstarter.
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@bryankorourke
2
FROM IDEA TO LAUNCH IN DAYS
NEWISM unique combinations in less time
3. EXPERIENCE CRAMMING - HIT, MUDD RACING
Experiences that few others can or have had is a sure-fire status symbol
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@bryankorourke
3
NEWISM is social status: klout
4. STATUS STREAM - CONSUMERS and SOCIAL MEDIA
“Social status comes from
being ‘in-the-know’, and
being part of the 'NEW'.”
Nike launched a number of highly collectible limited edition sneakers using a Twitter reservation system
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@bryankorourke
4
NEWISM reduces the risk of trying
5. TRYSUMERS - LESS COMMITMENT and LOWER COST
S e e o r H e a r ; Check Reviews; Try for FREE
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@bryankorourke
5
NEWISM delivers stuff in new ways
6. TO HAVE IS TO (H)OLD - STUFF NOT REQUIRED 12
Technology enables new ways of consuming either in the digital or physical
worlds . Novel online and mobile platforms offer consumers the ability to trade in,
upgrade, or engage in entirely new ways.
YOU’VE SEEN THE 6 DRIVERSNow for caveats and implications
@bryankorourke
6
NEWISM isn’t everything
What NEWISM is NOT - ALWAYS RELEVANT
Not all consumer attention will be focused on the new. Endless value in comfort, tradition and
heritage brands will remain. No trend applies to all consumers, all of the time, and the ‘NEW’
doesn’t always kill the old.
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@bryankorourke
NEWISM thank you and please share
IMPLICATIONS
Thanks again for checking out the NEWISM trend. What do you think ?
Creative destruction, hyper-competition, globalism, and consumerism on steroids is what NEWISM is all about and the 6 drivers of this trend aren’t going away. For brands and organizations it boils down to capturing and holding consumers’ attention. While attention spans are shortening, the rewards of dialing into NEWISM can be instant and massive. Those who prepare will be richly rewarded, those who don’t may face great difficulties. Please share your thoughts and if I can be of any assistance let me know.
All the best, @bryankorourke
BRYAN K. O’ROURKE bryankorourke.com | trendwatching.com
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