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How to Apply and Profit from Trends?

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How to Apply and Profit from Trends? Consumer Trend Seminar Istanbul, 2012 Venue: The Seed

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Page 1: How to Apply and Profit from Trends?

YOU

Page 2: How to Apply and Profit from Trends?

This presentation is exclusively for those who attended trendwatching.com's Trend Seminar in Istanbul on 6 September 2012. The presentation is yours to read, refer to, pull apart & present to your colleagues. Use it to successfully launch on-trend innovations of your own.

Don't hesitate to email me if you have any questions, and good luck!

Henry MasonGlobal Head of Research and Managing [email protected]

WELCOMETHIS IS ONE OF THE PRESENTATIONS GIVEN AT TRENDWATCHING.COM'S ISTANBUL TREND SEMINAR 

Page 3: How to Apply and Profit from Trends?

Istanbul Consumer Trend Seminar |trend

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APPLY & PROFIT

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NOW

Trend brainstorm; buy-in; takeaway trends

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1. TREND BRAINSTORM

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APPLY!

1. Vision

2. New business concepts

3. New products, services, experiences

4. Marketing, advertising, PR

Please write these down

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URBANOMICS

“Why urban consumption is different: constant choice, abundance & never-ending newness make urban consumers more sophisticated, more demanding and more mature.”

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URBANOMICS

“Why urban consumption is different: constant choice, abundance & never-ending newness make urban consumers more sophisticated, more demanding and more mature.”

Turkish Airlines Etiler Marmaris

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2. BUY-IN

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SENIOR BACKING

Or organizational buy-in, if you’re the top dog.

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TREND OR FAD?

Products can be fads, trends are longer lasting and won’t disappear tomorrow.

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TREND FRAMEWORK

Group by category (macro, consumer, industry); theme (basic human needs), illustrate with innovations & statistics.

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SHARE AND DISSEMINATE

Set up a (monthly) newsletter; hold regular meetings; encourage participation.

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EXPLAIN ‘WHY?’

Use trends to help you ‘frame’ your innovations.

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SHOW DON’T TELL

Make it visual; hands on, mock it up, experiential.

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APPLY TRENDS LIKE

YOU PLAY CARDS

Don’t go all in on every trend: start small, local, cheap.

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SPEAK THEIR

LANGUAGE

Use data (if you must). Think ‘currents’, ‘drivers’.

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USE YOUR COMPETITORS

Show as many on-trend innovations from your competitors as possible. That will wake anyone up.

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ORGANIZATIONAL BUY-IN

What have YOU done to successfully convince or seduce senior management/ colleagues to get their buy-in or backing for a trend or an innovation?

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NOW, SOME CRAFT

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GIVE IT YOUR BEST SHOT!

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AND IF NOTHING WORKS

Just leave and DIY. Tonight’s a good time…

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3. TRENDS & YOU

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IN A PERFECT WORLD

One final question...

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Q: Using the handout, circle the

three trends from today that you think your company should run with as soon as possible?

IN A PERFECT WORLD

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GET GOING!

There’s your immediate to-do list then ;-)

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NEXT

www.trendwatching.com/seminars/participants/istanbul

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NOW LET’S

MINGLE ;-)

[email protected]

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NEXT ENJOYED THE PRESENTATION?THERE IS MORE!

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If you have any comments, suggestions or questions then please do let us know. Just email:ANDREA THORNHead of Client [email protected]

ABOUT USEstablished in 2002, trendwatching.com is the world’s leading trend firm, scanning the globe for the most promising consumer trends, insights and related hands-on business ideas. Our Premium Service counts many of the world’s leading brands as clients, while our free monthly Trend Briefings go out to over 160,000 subscribers in 180 countries.More atwww.trendwatching.com