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LESSON 1: EXAMINING
TRENDS AND FADS
F A D
It is seemingly drastic swings in mass
behavior without obvious external stimuli.
Fads are something that people are highly
interested in for a relatively short period of
time.
It can be characterized as unpredictable,
short-lived and without social, economic and
political significance. (Bickcandani, 1992).
Karl and Sharpio (1985)
described it according to the
theory of network externalities,
where the utility of the product
increases when more people
use it.
F A D
LIFE CYCLES OF A REGULAR PRODUCT
CONSISTS OF FOUR STAGES.
 Introduction: The product is introduced to the market;
sales are still low and market share is still insignificant.
 Growth Stage: The product is steadily rise and a
significant market share is achieved.
 Maturity Stage: The producers aim to keep the market
share through innovation.
 Decline: The market may dwindle due to competition or
lack of innovation.
A fad often used interchangeably with
the word trend.
Although a fad is short-lived, what is
important to know is that fads can help
predict trends.
Let us take our discussion to a product
that has longer life-span.
T R E N D S
Trend is something that covers
almost all of human activies.
It is pattern of behavior
demonstrated by a big number
of people within a particular
period.
DIFFERENCE OF TRENDS AND FADS
( MARQUEZ, 2018)
TREND ELEMENTS FAD
Attractive to the people APPEAL
( Degree of Attraction)
Attractive to the people
Endures with or without
publicity
RESULT
( Impact)
Hyped or advertised
( if hype stops, it also
starts to disappear)
DIFFERENCE OF TRENDS AND FADS
( MARQUEZ, 2018)
TREND ELEMENTS FAD
Caters and accepted by a
wide audience
SCOPE
( Extent of the Influence)
Caters and accepted by a
limited group of people.
tnct ppt lesson 1.pptx..............,mmm

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tnct ppt lesson 1.pptx..............,mmm

  • 2. F A D It is seemingly drastic swings in mass behavior without obvious external stimuli. Fads are something that people are highly interested in for a relatively short period of time. It can be characterized as unpredictable, short-lived and without social, economic and political significance. (Bickcandani, 1992).
  • 3. Karl and Sharpio (1985) described it according to the theory of network externalities, where the utility of the product increases when more people use it. F A D
  • 4. LIFE CYCLES OF A REGULAR PRODUCT CONSISTS OF FOUR STAGES.  Introduction: The product is introduced to the market; sales are still low and market share is still insignificant.  Growth Stage: The product is steadily rise and a significant market share is achieved.  Maturity Stage: The producers aim to keep the market share through innovation.  Decline: The market may dwindle due to competition or lack of innovation.
  • 5.
  • 6. A fad often used interchangeably with the word trend. Although a fad is short-lived, what is important to know is that fads can help predict trends. Let us take our discussion to a product that has longer life-span.
  • 7. T R E N D S Trend is something that covers almost all of human activies. It is pattern of behavior demonstrated by a big number of people within a particular period.
  • 8. DIFFERENCE OF TRENDS AND FADS ( MARQUEZ, 2018) TREND ELEMENTS FAD Attractive to the people APPEAL ( Degree of Attraction) Attractive to the people Endures with or without publicity RESULT ( Impact) Hyped or advertised ( if hype stops, it also starts to disappear)
  • 9. DIFFERENCE OF TRENDS AND FADS ( MARQUEZ, 2018) TREND ELEMENTS FAD Caters and accepted by a wide audience SCOPE ( Extent of the Influence) Caters and accepted by a limited group of people.