Trendwatching.com is an independent consumer trends firm that relies on a global network of spotters to deliver business inspiration and insights. It publishes free monthly trend briefings on its website, www.trendwatching.com, including discussions of recent innovations from around the world in response to changing consumer demands and economic conditions. The briefing provided discusses over 50 examples of recent innovations across various industries.
The document discusses business ethics and corporate social responsibility. It defines ethics as principles that outline appropriate moral behavior for individuals and organizations. Business ethics became more important in the 1980s as public criticism of corporate behavior rose. To restore trust, businesses need to punish wrongdoing, increase transparency, and hold people accountable beyond just legal compliance. Various factors like values, management, and the environment influence business ethics. The document also provides examples of ethical dilemmas and discusses approaches to improving ethics through codes of conduct and other measures.
The document discusses the role of government in business in Canada. It outlines several ways the government is involved, including through crown corporations, laws and regulations, taxation, financial policies, financial aid, expenditures, purchasing policies, and services. Crown corporations are businesses owned by the government that were created to invest in certain industries within provinces. The trend has been toward privatizing some crown corporations. The government manages the economy through fiscal policy, using tools like taxation, spending, and tracking deficits and debt.
The document discusses major trends affecting Canadian business, including technological changes and globalization. It notes that global trade and integration is now more advanced than in previous eras, and that Canada relies heavily on trade with the US but British Columbia trades more with Asia. It also summarizes that businesses are cutting costs through restructuring, employee empowerment and quality focus. Small businesses are dynamic and growing, especially home-based businesses. The service sector is a major source of jobs and the manufacturing sector remains important. Other trends include an aging population, environmental issues, and increasing education levels. Stakeholders' interests and the legal, economic, technological, competitive, social and global environments influence businesses.
Investor calls for transparency and the rise of social media have thrust the impact businesses have on the economy, the environment and society more firmly into the spotlight. Drawing on more than 2,500 interviews with business leaders in 34 economies, Corporate Social Responsibility: beyond financials, looks at how companies are responding to this challenge; how they are making their operations more sustainable and what role they feel integrated reporting can play.
The document discusses trends in ethical consumerism and corporate responsibility. It summarizes research showing that consumers are increasingly concerned about issues like climate change and ethical business practices when making purchasing decisions. Companies are responding by integrating corporate responsibility policies and sustainability more fully into their strategies and operations. Voluntary reporting and transparency initiatives are also growing to better inform consumers.
Understanding the Global Economy discusses key concepts related to economics on a global scale. It addresses topics like globalization, culture, resources, trade balances, economic systems, and the free market system. The free market system promotes individual freedoms like choice, ownership, profit, and competition. Competition can take different forms from direct to indirect competition and helps keep prices low and quality high. Understanding economics concepts is important for making good decisions in a globalized world.
The clothing industry generates more than $250 billion each year worldwide. With so much money at stake, it is tempting for companies to ignore the ethical practices, such as sustainability, pay rates, and employee safety that the industry should practice.
As companies expand their manufacturing and sourcing capabilities around the world, supply chain workplace conditions are increasingly scrutinized, particularly in developing countries
Consumers increasingly want to buy products produced under conditions where minimum standards of human rights for workers in global supply chains are achieved.
The document discusses business ethics and corporate social responsibility. It defines ethics as principles that outline appropriate moral behavior for individuals and organizations. Business ethics became more important in the 1980s as public criticism of corporate behavior rose. To restore trust, businesses need to punish wrongdoing, increase transparency, and hold people accountable beyond just legal compliance. Various factors like values, management, and the environment influence business ethics. The document also provides examples of ethical dilemmas and discusses approaches to improving ethics through codes of conduct and other measures.
The document discusses the role of government in business in Canada. It outlines several ways the government is involved, including through crown corporations, laws and regulations, taxation, financial policies, financial aid, expenditures, purchasing policies, and services. Crown corporations are businesses owned by the government that were created to invest in certain industries within provinces. The trend has been toward privatizing some crown corporations. The government manages the economy through fiscal policy, using tools like taxation, spending, and tracking deficits and debt.
The document discusses major trends affecting Canadian business, including technological changes and globalization. It notes that global trade and integration is now more advanced than in previous eras, and that Canada relies heavily on trade with the US but British Columbia trades more with Asia. It also summarizes that businesses are cutting costs through restructuring, employee empowerment and quality focus. Small businesses are dynamic and growing, especially home-based businesses. The service sector is a major source of jobs and the manufacturing sector remains important. Other trends include an aging population, environmental issues, and increasing education levels. Stakeholders' interests and the legal, economic, technological, competitive, social and global environments influence businesses.
Investor calls for transparency and the rise of social media have thrust the impact businesses have on the economy, the environment and society more firmly into the spotlight. Drawing on more than 2,500 interviews with business leaders in 34 economies, Corporate Social Responsibility: beyond financials, looks at how companies are responding to this challenge; how they are making their operations more sustainable and what role they feel integrated reporting can play.
The document discusses trends in ethical consumerism and corporate responsibility. It summarizes research showing that consumers are increasingly concerned about issues like climate change and ethical business practices when making purchasing decisions. Companies are responding by integrating corporate responsibility policies and sustainability more fully into their strategies and operations. Voluntary reporting and transparency initiatives are also growing to better inform consumers.
Understanding the Global Economy discusses key concepts related to economics on a global scale. It addresses topics like globalization, culture, resources, trade balances, economic systems, and the free market system. The free market system promotes individual freedoms like choice, ownership, profit, and competition. Competition can take different forms from direct to indirect competition and helps keep prices low and quality high. Understanding economics concepts is important for making good decisions in a globalized world.
The clothing industry generates more than $250 billion each year worldwide. With so much money at stake, it is tempting for companies to ignore the ethical practices, such as sustainability, pay rates, and employee safety that the industry should practice.
As companies expand their manufacturing and sourcing capabilities around the world, supply chain workplace conditions are increasingly scrutinized, particularly in developing countries
Consumers increasingly want to buy products produced under conditions where minimum standards of human rights for workers in global supply chains are achieved.
Presentation, introduction to business, pdfSakibMohammed2
Ā
This document contains a case study by a group of 5 students on starting a restaurant business called FoodFlix. It identifies various stakeholders of the business like competitors, banks, investors, suppliers, employees and the community. It discusses ways to benefit the community other than jobs and taxes, such as providing healthy food options and discounts. It also covers establishing good relationships with suppliers and employees through timely payments, loyalty programs and good working conditions. The students debate whether there is a conflict between profitability and paying living wages. Finally, it identifies factors like economic conditions, technology, competition and regulations that could impact the restaurant business.
The triple bottom line (TBL) refers to an accounting framework that incorporates three dimensions of performance: financial, social and environmental. It measures organizational success beyond just financial measures, considering how activities affect people and the planet. The TBL consists of three bottom lines: profit (economic value), people (social value), and planet (environmental value). While it aims to benefit stakeholders rather than just shareholders, the TBL faces criticism such as being difficult to apply in monetary terms and potentially diverting business attention away from core competencies.
This document defines and discusses different types of market failure including allocative efficiency, technical efficiency, productive efficiency, and social efficiency. It then examines specific causes of market failure such as imperfect knowledge, differentiated goods, resource immobility, market power, inadequate provision of merit and public goods, external costs and benefits, and inequality. The document provides examples for each type of market failure and discusses potential measures governments can take to correct market failures.
The document discusses several global trends including increasing populations in China and India creating new markets, the effects of globalization like more world trade and borders fading, economic stimulus policies in the US under Obama, and new generations of phones like the iPhone opening new markets and competitors. It also asks questions about defining a reactive phase for companies regarding environmental protection and identifying which listed option is not a primary stakeholder.
CEIās Values Based Communications Project
Our Challenge: Make Good Policy Good Politics
Our Question: Just because weāre right, do we have to lose?
CEIās communication work suggests the answer should be a resounding NO!
Capitalism creates a massive middle class
Produces entrepreneurs and intellectuals
Intellectuals criticize (envy) and de-legitimize entrepreneurs
Culture grows skeptical of business, support for government intervention grows.
Wealth creation suffers, individuals suffer.
The economic and business case for global LGB&T inclusion.
Open For Business is a coalition of global companies making the case that inclusive, diverse societies are better for business and better for economic growth. The purpose of the coalition is to promote a positive business and economic case for equality of opportunity for everyone, all across the world.
They have published a comprehensive report, written by Brunswick partners, Jon Miller and Lucy Parker, which shows that successful businesses thrive in open, diverse and inclusive societies.
For more information visit: www.open-for-business.org
This is a colour coded suggested answer to the May 2014 EdExcel economic question on the market for cigarettes. Colour coding is used to demonstrate the different skills of knowledge, application, analysis and evaluation to show how answers can be constructed to earn high marks under timed conditions.
The Gap is Growing: Solution: Social Credit.
āAs we have seen, the more automatic machinery replaces men, the wider becomes the gap between buying power and prices because salaries and wages are thus reduced, leaving other cost items proportionately increased. When we stop to realize that the gap is constantly widening as efficient machine-power rapidly replaces inefficient man-labor in doing the work of the world, it becomes evident that we are reaching the senseless
absurdity of a maximum production and a minimum of consumption. Yet we wonder at the paradox of poverty in the midst of plenty !ā
The triple bottom line (TBL) framework evaluates a company's performance across three dimensions of social, environmental and financial sustainability. It was first coined by John Elkington in 1998 to describe a business's accountability to its stakeholders, including people, planet and profit. A TBL company considers the well-being of its employees, reduces its environmental impact through sustainable practices, and creates real economic value for the community rather than just profits for shareholders. All three pillars are interdependent, and a truly sustainable business model avoids harmful products and accounts for full life cycle costs and disposal to minimize its ecological footprint.
Economic concepts are the basis for most major business decisions and economics is the study of how resources are used to produce and distribute goods and services. There are three main economic systems - capitalism in which individuals seek profits, communism where the government controls production and allocation, and socialism which is a mix of both. Most countries now have mixed economies. Under capitalism, supply and demand determine prices in free markets but there are limitations like inequality and potential environmental damage.
This study examines the corporate social responsibility practices of companies in Dakshina Kannada district, India under the triple bottom line approach of people, planet, and profit. A survey of 20 companies found that most addressed social and economic responsibilities moderately, while most addressed environmental responsibilities poorly. The study concludes that integrating socially, environmentally, and financially responsible practices into a company's culture is important for effective, sustainable CSR. Companies should balance sustainability initiatives in a way that benefits both their bottom line and society.
This document discusses ethical business practices in the banking and consumer goods industries. It outlines some unethical practices in these industries, such as usurious banking, financing arms trades, false advertising, and poor treatment of employees. Regulations implemented to curb these practices are discussed, including Basel III, the UK Banking Reform Act, and acts regarding consumer rights and unfair trading. However, the document notes that unethical behavior still remains and that regulation alone is not enough to create an ethical business culture. Alternatives to regulation like internal codes of values, stakeholder pressure, and industry watchdogs are proposed in addition to regulation. In conclusion, the document questions if ethical culture can only be achieved through strong regulation or if alternatives are also needed
Corporate Social Responsiblity, Ethics & Sustainabilitypercydeigh
Ā
This document discusses corporate social responsibility (CSR) and related topics. It provides context on why CSR has become important, noting corporate scandals, consumer cynicism, and demands for transparency. CSR is defined as considering society and stakeholder interests beyond legal obligations. The document outlines CSR's economic, social, and environmental dimensions and drivers of CSR development. It compares Western and African perspectives on CSR and the roles of governments and standards in facilitating CSR practices.
This document discusses the economic, social, and regulatory aspects of advertising. It covers several controversies around advertising including whether it causes consumer distrust, materialism, or reduces competition. Economically, advertising plays roles in keeping consumers informed of options and allowing companies to compete for dollars. Socially, there are debates around advertising's impact on stereotypes, children, and bombarding consumers with constant messages. Advertising is subject to some government regulation regarding deceptive and unfair practices, with courts balancing free speech rights. The advertising industry also engages in some self-regulation through organizations and internal legal counsel.
There are three dimensions to effective business ethics compliance: voluntary practices, mandated boundaries, and core practices. Laws and regulations establish minimum standards for responsible behavior and fall into five main categories: regulating competition, protecting consumers, protecting equity and safety, protecting the environment, and those that encourage ethical conduct. Oversight organizations like the EPA help ensure businesses meet legal and ethical standards.
2011: Externalities and Solutions (by Joyce and Vicky)ismailzali
Ā
An externality is the uncompensated impact of one person's actions on another person's well-being. There are two types: negative externalities, which have adverse effects, and positive externalities, which have beneficial effects. Government policies like subsidies, pollution taxes, and tradable pollution permits can help internalize externalities and achieve more efficient market outcomes. Private solutions through contracts, cooperation, and social norms can also address externalities in some cases.
The document discusses demand and supply theory, laws of demand and supply, and equilibrium. It also discusses market failures including externalities, imperfect information, and market dominance. Market failures can result in both productive and allocative inefficiencies where optimal output and allocation of resources are not achieved.
This document outlines 10 principles of economics according to an MBA student. It discusses concepts like tradeoffs, opportunity costs, incentives, markets, production, money supply, and the relationship between inflation and unemployment. Each principle is explained over 1-2 paragraphs and includes a real-world example. The document is a study guide for microeconomics that defines and illustrates key economic theories and how they apply to individuals, businesses, governments, and countries.
This document discusses an alternative to traditional advertising called Communication Through Product (CTP). It proposes that companies invest marketing budgets in product design and innovation rather than advertising, allowing the product to communicate the brand through its attributes. CTP is presented as a more credible "pull" strategy that satisfies consumer demands for relevant information. Examples are given of companies that achieved success by focusing on distinctive product design. Guidelines for CTP include precise market research, investing in designers, developing a coherent brand identity, and improving the unique selling propositions of products.
Trendwatching.com is one of the world's leading consumer trends firms, relying on a global network of hundreds of spotters to deliver trends, examples and insights to over 160,000 business professionals in more than 180 countries. This document provides 15 tips for how to best track and apply consumer trends, including looking across industries for inspiration, establishing resources for trend research, and contributing insights to the collective wisdom on trends. The tips emphasize maintaining an open and curious mindset to understand shifting consumer needs in new contexts.
This document discusses a presentation given by Philip Kotler on the new role of marketing in a networked global economy. The presentation covered topics like innovating for success, building strong brands, and marketing communication tools. It provided examples of companies that innovate well like 3M and progressive insurers. It also discussed how to measure brand effectiveness through customer perceived value, satisfaction, repeat purchases, advocacy and co-creation. The overall document offered insights into marketing, innovation, and branding in the current business environment.
Presentation, introduction to business, pdfSakibMohammed2
Ā
This document contains a case study by a group of 5 students on starting a restaurant business called FoodFlix. It identifies various stakeholders of the business like competitors, banks, investors, suppliers, employees and the community. It discusses ways to benefit the community other than jobs and taxes, such as providing healthy food options and discounts. It also covers establishing good relationships with suppliers and employees through timely payments, loyalty programs and good working conditions. The students debate whether there is a conflict between profitability and paying living wages. Finally, it identifies factors like economic conditions, technology, competition and regulations that could impact the restaurant business.
The triple bottom line (TBL) refers to an accounting framework that incorporates three dimensions of performance: financial, social and environmental. It measures organizational success beyond just financial measures, considering how activities affect people and the planet. The TBL consists of three bottom lines: profit (economic value), people (social value), and planet (environmental value). While it aims to benefit stakeholders rather than just shareholders, the TBL faces criticism such as being difficult to apply in monetary terms and potentially diverting business attention away from core competencies.
This document defines and discusses different types of market failure including allocative efficiency, technical efficiency, productive efficiency, and social efficiency. It then examines specific causes of market failure such as imperfect knowledge, differentiated goods, resource immobility, market power, inadequate provision of merit and public goods, external costs and benefits, and inequality. The document provides examples for each type of market failure and discusses potential measures governments can take to correct market failures.
The document discusses several global trends including increasing populations in China and India creating new markets, the effects of globalization like more world trade and borders fading, economic stimulus policies in the US under Obama, and new generations of phones like the iPhone opening new markets and competitors. It also asks questions about defining a reactive phase for companies regarding environmental protection and identifying which listed option is not a primary stakeholder.
CEIās Values Based Communications Project
Our Challenge: Make Good Policy Good Politics
Our Question: Just because weāre right, do we have to lose?
CEIās communication work suggests the answer should be a resounding NO!
Capitalism creates a massive middle class
Produces entrepreneurs and intellectuals
Intellectuals criticize (envy) and de-legitimize entrepreneurs
Culture grows skeptical of business, support for government intervention grows.
Wealth creation suffers, individuals suffer.
The economic and business case for global LGB&T inclusion.
Open For Business is a coalition of global companies making the case that inclusive, diverse societies are better for business and better for economic growth. The purpose of the coalition is to promote a positive business and economic case for equality of opportunity for everyone, all across the world.
They have published a comprehensive report, written by Brunswick partners, Jon Miller and Lucy Parker, which shows that successful businesses thrive in open, diverse and inclusive societies.
For more information visit: www.open-for-business.org
This is a colour coded suggested answer to the May 2014 EdExcel economic question on the market for cigarettes. Colour coding is used to demonstrate the different skills of knowledge, application, analysis and evaluation to show how answers can be constructed to earn high marks under timed conditions.
The Gap is Growing: Solution: Social Credit.
āAs we have seen, the more automatic machinery replaces men, the wider becomes the gap between buying power and prices because salaries and wages are thus reduced, leaving other cost items proportionately increased. When we stop to realize that the gap is constantly widening as efficient machine-power rapidly replaces inefficient man-labor in doing the work of the world, it becomes evident that we are reaching the senseless
absurdity of a maximum production and a minimum of consumption. Yet we wonder at the paradox of poverty in the midst of plenty !ā
The triple bottom line (TBL) framework evaluates a company's performance across three dimensions of social, environmental and financial sustainability. It was first coined by John Elkington in 1998 to describe a business's accountability to its stakeholders, including people, planet and profit. A TBL company considers the well-being of its employees, reduces its environmental impact through sustainable practices, and creates real economic value for the community rather than just profits for shareholders. All three pillars are interdependent, and a truly sustainable business model avoids harmful products and accounts for full life cycle costs and disposal to minimize its ecological footprint.
Economic concepts are the basis for most major business decisions and economics is the study of how resources are used to produce and distribute goods and services. There are three main economic systems - capitalism in which individuals seek profits, communism where the government controls production and allocation, and socialism which is a mix of both. Most countries now have mixed economies. Under capitalism, supply and demand determine prices in free markets but there are limitations like inequality and potential environmental damage.
This study examines the corporate social responsibility practices of companies in Dakshina Kannada district, India under the triple bottom line approach of people, planet, and profit. A survey of 20 companies found that most addressed social and economic responsibilities moderately, while most addressed environmental responsibilities poorly. The study concludes that integrating socially, environmentally, and financially responsible practices into a company's culture is important for effective, sustainable CSR. Companies should balance sustainability initiatives in a way that benefits both their bottom line and society.
This document discusses ethical business practices in the banking and consumer goods industries. It outlines some unethical practices in these industries, such as usurious banking, financing arms trades, false advertising, and poor treatment of employees. Regulations implemented to curb these practices are discussed, including Basel III, the UK Banking Reform Act, and acts regarding consumer rights and unfair trading. However, the document notes that unethical behavior still remains and that regulation alone is not enough to create an ethical business culture. Alternatives to regulation like internal codes of values, stakeholder pressure, and industry watchdogs are proposed in addition to regulation. In conclusion, the document questions if ethical culture can only be achieved through strong regulation or if alternatives are also needed
Corporate Social Responsiblity, Ethics & Sustainabilitypercydeigh
Ā
This document discusses corporate social responsibility (CSR) and related topics. It provides context on why CSR has become important, noting corporate scandals, consumer cynicism, and demands for transparency. CSR is defined as considering society and stakeholder interests beyond legal obligations. The document outlines CSR's economic, social, and environmental dimensions and drivers of CSR development. It compares Western and African perspectives on CSR and the roles of governments and standards in facilitating CSR practices.
This document discusses the economic, social, and regulatory aspects of advertising. It covers several controversies around advertising including whether it causes consumer distrust, materialism, or reduces competition. Economically, advertising plays roles in keeping consumers informed of options and allowing companies to compete for dollars. Socially, there are debates around advertising's impact on stereotypes, children, and bombarding consumers with constant messages. Advertising is subject to some government regulation regarding deceptive and unfair practices, with courts balancing free speech rights. The advertising industry also engages in some self-regulation through organizations and internal legal counsel.
There are three dimensions to effective business ethics compliance: voluntary practices, mandated boundaries, and core practices. Laws and regulations establish minimum standards for responsible behavior and fall into five main categories: regulating competition, protecting consumers, protecting equity and safety, protecting the environment, and those that encourage ethical conduct. Oversight organizations like the EPA help ensure businesses meet legal and ethical standards.
2011: Externalities and Solutions (by Joyce and Vicky)ismailzali
Ā
An externality is the uncompensated impact of one person's actions on another person's well-being. There are two types: negative externalities, which have adverse effects, and positive externalities, which have beneficial effects. Government policies like subsidies, pollution taxes, and tradable pollution permits can help internalize externalities and achieve more efficient market outcomes. Private solutions through contracts, cooperation, and social norms can also address externalities in some cases.
The document discusses demand and supply theory, laws of demand and supply, and equilibrium. It also discusses market failures including externalities, imperfect information, and market dominance. Market failures can result in both productive and allocative inefficiencies where optimal output and allocation of resources are not achieved.
This document outlines 10 principles of economics according to an MBA student. It discusses concepts like tradeoffs, opportunity costs, incentives, markets, production, money supply, and the relationship between inflation and unemployment. Each principle is explained over 1-2 paragraphs and includes a real-world example. The document is a study guide for microeconomics that defines and illustrates key economic theories and how they apply to individuals, businesses, governments, and countries.
This document discusses an alternative to traditional advertising called Communication Through Product (CTP). It proposes that companies invest marketing budgets in product design and innovation rather than advertising, allowing the product to communicate the brand through its attributes. CTP is presented as a more credible "pull" strategy that satisfies consumer demands for relevant information. Examples are given of companies that achieved success by focusing on distinctive product design. Guidelines for CTP include precise market research, investing in designers, developing a coherent brand identity, and improving the unique selling propositions of products.
Trendwatching.com is one of the world's leading consumer trends firms, relying on a global network of hundreds of spotters to deliver trends, examples and insights to over 160,000 business professionals in more than 180 countries. This document provides 15 tips for how to best track and apply consumer trends, including looking across industries for inspiration, establishing resources for trend research, and contributing insights to the collective wisdom on trends. The tips emphasize maintaining an open and curious mindset to understand shifting consumer needs in new contexts.
This document discusses a presentation given by Philip Kotler on the new role of marketing in a networked global economy. The presentation covered topics like innovating for success, building strong brands, and marketing communication tools. It provided examples of companies that innovate well like 3M and progressive insurers. It also discussed how to measure brand effectiveness through customer perceived value, satisfaction, repeat purchases, advocacy and co-creation. The overall document offered insights into marketing, innovation, and branding in the current business environment.
How To Crash The Party North 1231226907563744 1gueste76bac7
Ā
This document discusses how brands can participate in the consumer-controlled economy without being thrown out. It outlines how consumers now control media and brand consumption through user-generated content. Brands must find ways to empower consumers as creators by providing tools for self-expression. Examples include allowing consumers to design products and share brand communications. The rise of social media has given consumers more control over their experiences. Brands must learn to participate in conversations and communities instead of just pushing messages.
This document provides a summary of innovations from 2014 that are on-trend and compelling for consumers. It discusses how relentless innovation is fueling consumerism on a global scale. The document then highlights 18 examples of recent innovative products, services, and initiatives from companies in various industries and markets. It encourages readers to discuss how these innovations could inspire new opportunities for their own businesses and customers.
The document provides 9 steps for building an unstoppable trend culture within an organization:
1. Define the key building blocks of trends for all employees.
2. Inspire enthusiasm for trends through presentations and ongoing communication.
3. Foster collaboration through shared platforms to develop innovations around trends.
4. Empower employees to become disruptive innovators through programs and competitions.
5. Consider establishing separate "labs" units focused solely on innovation.
6. Build external networks to tap into ideas from outside the organization.
7. Crowdsource innovations by opening efforts to non-employees.
8. Share physical space with startups and outsiders to access new resources and
This document discusses customer-centric innovation in Sweden and provides examples from Virtusize. Some key points:
1) Customer-centric innovations focus on understanding customer needs and iteratively developing products/services to meet those needs based on data about customer behaviors.
2) Success involves products/services that launch and remain relevant by adapting to changes through sustainable teams.
3) Sweden promotes cultures centered around agility, diversity of thought, and work-life flexibility, which fosters innovative thinking. Companies like Virtusize capitalize on talent, promote modern practices, and start small with innovations.
This document discusses brand innovation. It defines brand innovation as fulfilling a brand's promise through new products and services that provide meaningful value to consumers. It then discusses the different types of innovation, including product, process, and channel innovation. It outlines several principles of brand innovation such as empathy, collaboration, courage, and play. Finally, it presents the brand innovation process from idea generation to feasibility testing, capability assessment, launch preparation, and post-launch evaluation. An example of Coca-Cola's failed "New Coke" launch is provided to illustrate this process.
Fashion Business Entrepreneurship and InnovationLenaCavusoglu1
Ā
This document provides an overview of the first week of a course on Fashion Entrepreneurship and Innovation. It introduces key concepts like what innovation is, defines a fashion entrepreneur, and discusses where innovative ideas come from. The week covers the mindset of an entrepreneur and what an inspiration board is. It also lists the assigned textbooks and learning objectives for the course, which include demonstrating skills and attributes of a successful entrepreneur.
Crowdsourcing is becoming more important for brands as consumers demand more involvement. To successfully crowdsource, brands must [1] keep participant groups small to ensure quality, [2] clearly define their goals to attract the right crowd, and [3] provide feedback to participants to respect their contributions and maintain engagement. When done right, crowdsourcing can produce fresh ideas to benefit brands.
The document discusses how advertising budgets are essentially a "tax" companies pay for lacking innovative products and ideas. It argues that truly innovative products that meet significant needs in novel ways often spread virally without much marketing because people enjoy sharing great innovations. However, companies with undifferentiated offerings must spend heavily on advertising to get noticed. The authors believe many firms could instead put a fraction of their ad budgets toward creating meaningful innovations that would eliminate the need for much advertising spending. They suggest saving ad money if a company has nothing innovative to offer.
This document discusses innovation, idea generation, prototyping, testing, sourcing and manufacturing. It begins by exploring inspiration behind globally adopted products and services. It then covers the innovation process including analyzing trends, testing prototypes, and sourcing and manufacturing options. The document outlines learning from industry professionals about developing products, services and concepts. It also discusses managing quality through total quality management.
The document introduces the Consumer Trend Canvas, a framework for understanding and applying consumer trends. It provides a blank canvas template with sections to understand the basic needs addressed by a trend, the drivers of change enabling the trend, emerging consumer expectations, and inspiration from other businesses applying the trend. An example is provided analyzing the "Pretail" trend of consumers treating crowdfunding platforms like online shopping malls. The canvas is intended to help users unpack trends, generate new ideas, and structure innovation sessions.
The document discusses how the creative communications industry can adapt to remain relevant by converging advertising and innovation. It argues that agencies need to get involved earlier in clients' innovation processes rather than just focusing on communication outputs. A proposed solution is for strategic planning departments in agencies to apply their creative and analytical skills to generating new business opportunities and product insights for clients. This would require agencies to rethink their value proposition and roles. The document outlines ten resolutions for agencies to make this transition, such as learning business fundamentals, encouraging entrepreneurial thinking, and rewarding risk-taking. It emphasizes the need for change and flexibility to thrive in an era of rapid technological and societal evolution.
Brands must find a new balance between stakeholder interests and engage in reciprocal relationships to create meaningful value. As meaning and value are defined through ongoing dialogue, brands must shift from one-way communication to interactive engagement where they help construct shared meanings. To remain relevant, brands will redefine their relationships and relevance through authentic, personal dialogues that reward all parties.
The document discusses 16 small ideas companies can implement to improve customer centricity and innovation. The ideas include learning the language customers use to improve communications, creating customer personas to better understand segments, and rewarding customers for their contributions to online communities. The ideas are meant to help companies implement customer-focused strategies in practical ways.
NEW OPPORTUNITIES VIA - MARKETING INNOVATIONPointvoucher
Ā
This document provides an overview of marketing innovation from the perspective of Nicolai Elmqvist, CEO of the creative digital agency Konstellation. Some key points:
- Konstellation's core products are marketing innovation and brand activation. Marketing innovation involves creating new products, services, or experiences using media and technology in novel ways.
- Marketing innovation supports a company's core business and is meant as an additive way to achieve strong results and business goals, not as a new line of business. It can grow into something bigger if successful.
- Examples of successful marketing innovations are provided, like Danske Bank's MobilePay payment service and a campaign by Fridge Raiders chips targeting gamers.
-
Wake Up Your Brand: Talking Finger & Michael Desroches PresentationBrand Inspiration
Ā
Co-hosts Bill DeRosa of Talking Finger, Social Media Marketing Agency and Michael Desroches of Brand Inspiration present an engaging talk and workshop -- sharing some of their favorite tips for breaking through the noise to invigorate your brand.
In this seminar, you will learn:
ā¢ How to leverage social media to build brand awareness and advocacy
ā¢ How to develop a consistent brand narrative between traditional āstaticā marketing programs and interactive social media channels
ā¢ How to react to your customersā voice within online media channels
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Niswey
Ā
50 million companies worldwide leverage WhatsApp as a key marketing channel. You may have considered adding it to your marketing mix, or probably already driving impressive conversions with WhatsApp.
But wait. What happens when you fully integrate your WhatsApp campaigns with HubSpot?
That's exactly what we explored in this session.
We take a look at everything that you need to know in order to deploy effective WhatsApp marketing strategies, and integrate it with your buyer journey in HubSpot. From technical requirements to innovative campaign strategies, to advanced campaign reporting - we discuss all that and more, to leverage WhatsApp for maximum impact. Check out more details about the event here https://events.hubspot.com/events/details/hubspot-new-delhi-presents-unlocking-whatsapp-marketing-with-hubspot-integrating-messaging-into-your-marketing-strategy/
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Best Competitive Marble Pricing in Dubai - ā 9928909666Stone Art Hub
Ā
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ā 9928909666. Experience luxury at unbeatable prices.
Enhancing Adoption of AI in Agri-food: IntroductionCor Verdouw
Ā
Introduction to the Panel on: Pathways and Challenges: AI-Driven Technology in Agri-Food, AI4Food, University of Guelph
āEnhancing Adoption of AI in Agri-food: a Path Forwardā, 18 June 2024
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1. trendwatching.com is an independent and opinionated consumer trends ļ¬rm,
relying on a global network of hundreds of spotters, working hard to deliver
inspiration and pangs of anxiety to business professionals in 120+ countries worldwide.
More information at www.trendwatching.com
First published in MAY 2009 | By now, virtually everyone has chimed in on how innovation is the
only way out of the recession. So instead of adding more theory, letās have a look at actual B2C
innovations from recession-defying entrepreneurs and brands around the world.
Good times or bad times, itās actually somewhat up to you
Yes, we all agree that innovation is the only way out of the current mess that both mature and not-
so-mature consumer societies ļ¬nd themselves in. Weāre talking basically anything that will get con-
sumers spending again, and preferably the kind of spending that involves sustainable goods, serv-
ices and experiences. Since everyone from Seth Godin to the Harvard Business Review is pro-
viding you with excellent, inspiring insights and theory on innovation as a mindset, a process, a
way of life, we'd like to contribute to the conversation with examples of actual innovations. As we
see it:
INNOVATION JUBILATION | There will never be a shortage of smart new ventures, brands, goods
and services that deliver on consumersŹ¼ wants and needs. And if those wants and needs currently
revolve around practicality, efļ¬ciency and responsibility, and less about traditional luxury, splurging and
upgrading, then thatŹ¼s what brands should deliver on. Which seems doable, judging from the dozens
of recent innovations weŹ¼ve rounded up for this brieļ¬ng, courtesy of our sister-site Springwise.
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 1 / 14
2. The link between INNOVATION JUBILATION and trends? As fo-
cused as we are on emerging consumer trends, we never tire of
pointing out that trends are only good for one thing: inspiring you
to innovate, to come up with new goods, services and experi-
ences for (or even better, with) your customers.
Springwise New Business Ideas is trendwatching.comās
sister site. Do not miss out!
Innovation: not just labs, not always earnest, not necessarily ex-
pensive OK, enough preaching, letās get to practicing: check out these
50+ innovations,* arranged by trends and industries, and all sour-
Three more thoughts on innovation:
ced from trendwatching.comās sister site Springwise, which
ā¢ Innovation is not necessarily about people in white coats ļ¬nds and publishes the best innovations from around the world,
puttering about in R&D labs. In an experience economy with the help of 8,000+ Springspotters. Seriously, if you don't yet
(which weāre still in, recession or not), marketing innova- subscribe to its weekly newsletter, you're missing out!
tion is equally important, and often trumps technical
*You may have already seen some of these (hey, we actually hope
innovation.
you haveāif all of the below is new to you, youāve let your busi-
ā¢ Furthermore, as consumersā wants are sometimes frilly, ness intelligence slide...), but weāve also added some new trend
new products and services can be, too. Really, innova- monikers to add context.
tion doesnāt have to be so earnest all the time! Have fun
with it, too!
ā¢ Thirdly, doing or starting something new doesn't have to
cost the world. Many of the innovations featured in this
brieļ¬ng thrive on nimbleness and creativity, not huge
budgets.
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 2 / 14
3. The FREE LOVE trend will continue to do well, with a dash of
GENERATION G thrown in now that recession pains are felt by ā¢ Sampling | Created by Belgian marketing and design
many. Check out the following FREE LOVE innovations: agency Fosfor, the Boobox is a vending machine de-
signed speciļ¬cally to dole out freebies. More Ā»
Sample U is a product testing site where TRYSUMERS
are given lab memberships allowing them to take home
products and discuss them with friends, in exchange for
providing demographic information for market research
purposes. More Ā»
ā¢ Printing | FedEx Ofļ¬ce recently drew attention by ex-
tending a helping hand to job seekers, offering free print-
ing (on March 10th) of up to 25 black-and-white copies
of their resume at any of the company's 1,600+ stores
across the US. More Ā»
ā¢ Advertising | Washington DC-based FreePaperCups
gives away paper cups with advertisements on them to
corporate customers across the US. More Ā»
ā¢ Retail | An iPhone application developed for 7-Eleven
Sweden combines a store locator with coupons for a
free coffee and biscotti. After downloading the app, us-
ers plug in their phone number and receive a unique ā¢ Music | No Doubt is giving away free downloads of their
coupon code on their iPhone. To claim their coffee, they entire digital audio catalogue to high-end ticket buyers
just show the code to a 7-Eleven clerk; no purchase for the bandās tour, that just kicked off in Atlantic City.
necessary. The coupon is only valid once, and free cof- More Ā»
fee in April will be followed by free ice cream in May.
More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 3 / 14
4. The trend towards control-craving consumers who actually enjoy
doing the work that brands used to do for them (online check-in, Hot on the heels of last monthās brieļ¬ng on consumers becoming
anyone?) is not new, but the innovations that it continues to SELLSUMERS, here are some additional clever new ventures
spawn certainly are: that help ordinary consumers make money instead of spending it:
ā¢ Vending machines | U*tique is an upscale vending ma- ā¢ Advertising | British Everyday Models invites consum-
chine that dispenses select luxury and personal care ers to rent out aspects of their daily life to advertisers:
products handpicked by specialists with backgrounds in whether it's their clothes, car, house or online proļ¬le.
global beauty, trend-hunting and innovation. More Ā» The idea of individuals renting out their own foreheads or
tee-shirts as billboards is not new, but the founders of
Everyday Models (British student James Brookner and
photographer Matt Garcia) are the ļ¬rst to create a busi-
ness model around brokering other peopleās posses-
sions as ad space. More Ā»
ā¢ Promotion | Hollrr encourages fans of speciļ¬c products
ā¢ Bars | Amsterdamās Minibar gives patrons access to a for spreading the word to their friends via email, Face-
personal minibar and lets them serve themselves. De- book and Twitter, and rewards them with deposits into
signed by Dutch design ļ¬rm Concrete, Minibar offers Amazon Flexible Payment Accounts. The Seattle-based
consumers a way to avoid long lines at the bar without website, which is still in beta, has found an innovative
having to spring for pricey bottle service. More Ā» way to help small companies launch new products by
turning customers into sales(wo)men. More Ā»
ā¢ Publishing | An initiative from Lexus, Time and American
Express Publishing, called mine, allows consumers to ā¢ Marketplace for jobs | California-based ShortTask
create their own personalized magazines by choosing ļ¬nds qualiļ¬ed workers for companies in need of help
editorial content from Time, Sports Illustrated, Food & with tasks that are too small to justify hiring an em-
Wine, Real Simple, Money, InStyle, Golf, and Travel + ployee: think ļ¬nding articles, or commenting on
Leisure. More Ā» Amazon.com. More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 4 / 14
5. Do you really know what youāre selling? Often, providing consum-
ā¢ Junk removal by students | Washington, D.C.-based ers with the ingredients of a storyāwith conversation startersāis
College Hunks Hauling Junk hires the friendliest and the product. More on that in our STATUS STORIES briefing, but
most trustworthy junk haulers at local colleges and uni- here are a few (HYPER-LOCAL) spottings to get you going:
versities, and recycles more than 60 percent of the junk
they collect. Businesses that are inherently no sexier
than this one can learn from College Hunks and their
sister business, College Foxes Hauling Boxes, how to
brand their service as fun, personable and responsible.
More Ā»
ā¢ Retail | Fortnum & Mason has four hives placed on the
roof of its Piccadilly store. Via webcams, customers can
watch the bees as they create honey that will eventually
be sold in the store. More Ā»
ā¢ Advertising | Ohio-based DOmedia links up media buy-
ers and sellers to place advertisements everywhere from The Fairmont Royal York hotel has installed a three-
college student notebooks and phone kiosks to golf hive apiary 14 stories above the streets of Toronto and
carts and restrooms. More Ā» the resulting honey is used in the hotel's restaurant
kitchen. The response from hotel patrons has been so
positive that the hotel plans to install three more hives at
other sites this summer. More Ā»
ā¢ Hotels | Dutch hospitality group La BergĆØre is decorat-
ing a new hotel in Maastrichtādubbed, for now, Hotel
Xāwith furniture and knick-knacks that it's buying from
ā¢ Jewelry | It's My Scar uses wax renderings based on
ordinary consumers, asking them to scour their spare
photos of scars sent in by customers to create highly per-
rooms and attics for unique chairs, ceramics, board
sonal bracelets, rings, earrings and necklaces. More Ā»
games and even plants. More Ā»
ā¢ Retail | A Vida Portuguesa has opened a store exclusively
dedicated to Portugalās unique brands. Customers can find
over 1,000 products that have maintained their original
packaging, that are made by hand, or that represent tradi-
tional Portuguese craftsmanship; everything on stock holds
a fragment of the nationās collective memory. More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 5 / 14
6. Serving well-established demographics (and their well-
documented desires) in novel ways is an endless source of inno-
vation. In fact, if your next trend brainstorm fails to produce a few
smart new products for babies, teens, women, parents, gays,
boomers and so on, then you might as well stop reading now:
you will sadly never be a trend innovator. It just doesnāt come
easier than this. A few spottings:
ā¢ Health & wellness | Aiming to offer women some well-
deserved relaxation and rejuvenation after they've given
birth, Minneapolis/St. Paul-based Go Home Gorgeous
offers a variety of in-hospital-room spa services for new
mothers. Options include massage, aromatherapy and
soothing music. More Ā»
ā¢ Publishing & personalization | StickieStory is an inter-
active storybook from Argentina that allows kids to paste
stickers with their own names and photos on the bookās
pages as they follow along with the story. More Ā»
ā¢ Finance | BillMyParents allows parents to monitor their
childrenās online spending by forwarding any attempted
purchases to the parent for them to deny or authorize
with a credit card number. The San Diego-based service
currently only targets US consumers. More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 6 / 14
7. OK, so in January we inundated you with GENERATION G (that's
G for Generosity, not for Greed) examples, but there is always
room for one more:
An integral part of GENERATION G, the BRAND BUTLER trend
will inspire creative brand professionals to come up with innova-
tive campaigns for many years to come. As we suggested before:
"Instead of stalking potential and existing customers with tradi-
tional advertising, why not assist them in smart, generous, rele-
vant ways, making the most of your products and whatever it is
your brand stands for?ā
ā¢ Charity & advertising | San Francisco-based Reply-
forall is a site that raises money for charities by adding a
causeās information to a userās e-mail signature. The
signature shows information about the cause, along with
a mention of one of Replyforall's participating ļ¬nancial
sponsors. Replyforall distributes sponsors' payments
amongst the causes that users have selected. More Ā»
ā¢ Airports / Food & beverage | Heineken has teamed up
with design agency UXUS to create a 'democratic airport
lounge' at Hong Kong's International Airport. The Hei-
neken Lounge treats travelers to luxuries and perks
typically reserved for ļ¬rst and business class passen-
gers, like private conversation nooks, custom-white
leather sofas, striking light ļ¬xtures and a variety of beer
served on tap. More Ā»
ā¢ Automotive & parking | In the greater New York area,
Central Parking System and other parking companies
offer half-price parking for Smart fortwo owners. The
service, which is a partnership with Smart USA, is based
on the notion that drivers shouldn't have to pay full price
if their car only takes up half a parking spot. More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 7 / 14
8. Where will you ļ¬nd the most fertile grounds for innovation? Just
follow consumers, and observe what excites them. Nine out of
ten times, youāll end up in the online world. So while many fea-
tured innovations in this brieļ¬ng have an online component,
hereās a batch of copy-worthy ideas that are geared even more to
enhancing consumersā online lives, as well as improving intersec- ā¢ Security | San Francisco-based startup Legacy Locker
tions with the real world (see our OFF = ON brieļ¬ng for more on entrusts the details of customersā online accounts, from
the latter). And no, it doesnāt hurt that many of these innovations Gmail and Facebook to eBay and PayPal, to assigned
are more about creative thinking than having to spend millions beneļ¬ciaries in the event of the customerās death or dis-
upfront. ability. More Ā»
ā¢ Mail | BlueMailCentral lets users send paper mail di-
rectly from their computers. After creating a document in
Word, OutlookĀ or any other application, customers click
'print' to send their ļ¬le to one of BlueMailCentral's print-
ing partners, which prints the document and delivers it ā¢ Food & beverage | Hot croissants or cookies? Baker
to its destination. More Ā» Tweet is a technology that alerts customers via Twitter
ā¢ Also check out California-based Zumbox, which has any time a fresh batch of baked goods emerges from a
created an online mailbox for every residence and busi- participating bakeryās oven. The service is still in proto-
ness street address in the US, allowing any US citizen to type form at the Albion Cafe in London, but it could be
send and receive all-digital mail for free. More Ā» easily be duplicated to provide potential customers eve-
rywhere with up-to-the-minute information about all
kinds of products. More Ā»
ā¢ Notiļ¬cations | Telegram Stop lets customers compose ā¢ Restaurants | Kogi Korean BBQ sells their signature
classic-looking paper telegrams onlineācomplete with tacos primarily through two trucks in the Los Angeles
the traditional āstopā in place of periodsāand delivers area. In order to know where to ļ¬nd them, customers
them to any country. More Ā» follow Kogi on Twitter, and it's not unusual to ļ¬nd hun-
dreds of the companyās 19,000+ Twitter friends lined up
and socializing while awaiting their turn at the Kogi truck.
More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 8 / 14
9. As if our loooooooong brieļ¬ng on green innovations this February
(ECO-BOUNTY) wasn't enough, here is yet another batch of ex-
amples from entrepreneurs preparing for the coming eco/green/
ET bonanza:
ā¢ Transport | Wi-Drive is a green, weekday bus service
that offers high-end transportation for San Francisco
commuters. By emulating the comfort of a limousine ā¢ Bicycles / Rentals | Bike-sharing programs are cropping
with amenities like leatherette seats, wiļ¬, LCD screens up all over Asia, from YouBike rentals in Taipei that are
and iPod ports, Wi-Drive is giving green commuter free for the ļ¬rst 30 minutes, to similar programs
transportation a luxury spin likely to be emulated in cities launched in Taiwan, Changwon, Korea and Hangzhou.
around the world. More Ā» More Ā»
ā¢ Bicycles / Being spaces | Cycle2City, the ļ¬rst full-
ā¢ Supermarkets / Delivery | British supermarket chain
service facility for bicycle commuters in Australia, pro-
Waitrose is launching a series of new green initiatives
vides cyclists with a place to store and repair their bikes,
including eco-minded handcarts and bicycles for gro-
take a shower and change into business attire. As the
cery delivery to local consumers. More Ā»
number of cycling commuters grows around the world,
so will the need for other services that ease the transi-
tion from four wheels to two. More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 9 / 14
10. If thereās one trend that has taken longer to become mass than These cash-strapped times are perfectly suited to entrepreneurs
we expected, itās TWINSUMERS. But weāre sticking with our with a soft spot for group buying and āintention economyā con-
prediction that one day, everything of interest to consumers will cepts. For some of our earlier thoughts and examples, reread our
be evaluated based on experiences and opinions of fellow con- CROWD CLOUT brieļ¬ng. Recent spottings include the follow-
sumers with similar lifestyles (yup, their ātwinsā, consumption- ing:
wise). A recent TWINSUMER manifestation worth checking out:
ā¢ Finance | When Dutch consumers register with Spaar-
bod, the service automatically compares interest rates
from various banks and gets the banks to bid on a
saver's funds. More Ā»
ā¢ Parenting / Retail | CrowdSprout lets groups of parents
interested in purchasing the same item (think high chairs
or cradles or diaper bags) band together to get a better
ā¢ Q & A | Led in part by Flickr cofounder Caterina Fake, price by bidding, and committing to making the pur-
Hunch is an online decision-making tool that gets to chase only if enough other buyers join. Whether it's to
know a user through his or her answers to seemingly buy a stroller or a soccer team, crowd clout is becoming
random questions. Based on those answers, Hunch a force for vendors to contend with. More Ā»
aligns users with other people that are like themātheir
twinsumersāand can offer personalized answers to
complex questions like: "Should I go to medical
school?" More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 10 / 14
11. Yes, maps are the new interface. And as discussed in our January
brieļ¬ng covering (along with other trends) MAPMANIA, this may
well be the year in which all things ācontextualā, āappā, ālocalā, āur-
banā, 'tags', 'lidar', āsmartphoneā, āconvenienceā, 'Cell ID', āspon-
taneityā, āinfolustā and āGPSā ļ¬nally come together in one orgas-
mic celebration of map-based tracking, ļ¬nding, knowing and
connecting. The following innovations certainly help:
ā¢ Finance | ING Wegwijzer, an application built for the T-
Mobile G1 (Google) phone, allows users to locate the
nearest ATM simply by pointing their phone's camera in
any direction, with nearby ATMs showing up on the dis-
play. More Ā»
ā¢ Travel / Music | Ampliļ¬ed Journeys is a site from UK-
based sound system manufacturer Harman Kardon that
gives users driving directions and matching playlists of
location-inspired music based on preferred artists or
musical genres. More Ā»
ā¢ Restaurants | Patrons at Wagaboo restaurants in Ma-
drid and Barcelona can now reserve speciļ¬c table on-
line. What sector is next to succumb to consumersā re-
lentless search for the Best of the Best? More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 11 / 14
12. HYPER-LOCAL is another innovation favorite: truly local services,
fueled (paradoxically) by the advent of borderless technology.
Closely linked to the drivers behind MAPMANIA and (STILL)
MADE HERE, this trend will continue to create opportunities for ā¢ Housing | Neighbo is an online platform in the UK that
smart entrepreneurs: brings together neighbors, tenants and landlords to help
improve both practical issues and social connections,
using widgets, calendars and forums. More Ā»
ā¢ Publishing | The Local is a community of news and in-
formation websites from The New York Times, catering to
the residents of five areas in New York and New Jersey:
Clinton Hill, Fort Greene, Maplewood, Millburn and South
ā¢ Ecommerce / Delivery | Enabling customers of partici-
Orange. Combining both professional and citizen journal-
ism, and targeting stories toward specific communities, pating retailers to receive their packages wherever it's
The Local could be one of the new models that struggling convenient, PickupZone is a network of neighborhood
pickup points, from convenience stores to dry cleaners.
newspapers are desperately looking for. More Ā»
The company is currently active throughout the Boston
area, but aims to expand farther aļ¬eld in the near future.
More Ā»
ā¢ Publishing | The Printed Blog is an independent outlet
that aggregates user-generated, online content, and pub-
lishes it in print to create a fully tactile newspaper that
functions like a web feed, but can still be spread out
across the breakfast table or enjoyed on the train. More Ā»
ā¢ MyGofer is a warehouse-style concept where Illinois
shoppers can browse products online and then drive to
a local Sears store for curbside pickup. Which combines
the convenience and selection of an online store with the
immediacy of a bricks and mortar retailer. More Ā»
ā¢ Hotels / Restaurants | Loews Hotels' Adopt-a-Farmer
promotes local farming while providing its guests with
food made from locally-sourced, seasonal, organic and
sustainable ingredients. More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 12 / 14
13. We (just like other trend ļ¬rms, no doubt) are being deluged with
requests for ārecession trendsā. Now, as we've stated before, we
feel the short-term effects of this recession are pretty straightfor-
While we understand that most of you must be suffering from an ward: many consumers have less to spend. And others might not
overdose of crowdsourcing examples, it is one of those trends be feeling the pain yet, but are worried enough to curb their
that not only keeps growing, but also effortlessly absorbs other spending. Which means that purchases become pragmatic, with
emerging āthemesā. For one, check out how the current recession consumers cutting down on the non-essential, with the exception
makes it more rewarding for SELLSUMERS to participate in any of a few comforting indulgences, often with a nostalgic, good-
kind of co-creation project, or how the below 'crowd' initiative old-times twist .
cleverly incorporates GENERATION G and ECO-BOUNTY:
Long term, there's deļ¬nitely a chance of a HAPPY ENDING as
(some) consumers will ļ¬nd out that many non-essential expendi-
tures are just that: non-essential.
Anyway, we aim to please, so here are some worthy innovations
making the most of 'less', or the most of 'longing'.
ā¢ Automotive | Netherlands-based c,mm,n is an initiative
that aims to create a model for sustainable cars, starting
with a community-designed prototype. The car's blue-
prints are publicly available under an open source li-
cense, so its design can be used and modiļ¬ed by others
as long as any derived works are shared with the public.
ā¢ Mobile telephony | New Jersey-based Rentobile pro-
More Ā»
vides a wide selection of the latest cell phones for rent
on a monthly basis so that consumers can try out vari-
ous devices without being limited by a long term con-
tract. A Netļ¬ix for phones, indeed. More Ā»
ā¢ Finance | Borro is an online pawnbroker that provides
short term loans to customers who cannot borrow from
banks, or who have maxed out their other options. Offer-
ing them cash for jewelry, gold and memorabilia, the site
brings an ancient system into the 21st century. More Ā»
You are reading a PDF version of one of our free monthly Trend Brieļ¬ngs. More at: www.trendwatching.com ! ! ! ! ! 13 / 14
14. ā¢ FMCG | HƤagen-Dazs Five is an all-natural ice cream
made from only ļ¬ve ingredientsāskim milk, cream,
sugar, egg yolks and one of a few natural ļ¬avors like
mint, ginger and coffee. What makes the product stand
out is its simplicity; in uncertain times, bringing back the
classics can appeal to consumersā nostalgia. More Ā»
From gloomy times to horn of plenty? ;-)
To beat you over the head with it one more time: yes, the econ-
omy sucks, and no, cutting costs will not lead to a race to the
ā¢ Finance | Through online-only applications, British top, but a race to the bottom. Which means youāll have to inno-
startup Wonga offers tiny, month-long instant loans of vate, by anticipating emerging trends. All this brieļ¬ng has tried to
GBP 50 to GBP 200, and encourages prompt repayment do is provide you with examples of brands already practicing
by rewarding responsible borrowers with good ratings what the gurus are preaching.
and increased ļ¬exibility on future transactions. More Ā» The both scary and jubilant part? Wherever you live, whatever it is
you do, you have absolutely no excuse to be unaware of innova-
tions originating in Australia, in the Netherlands, in the US, in Ar-
gentina, in Singapore, in South Africa ... Itās all out there, reported
on 24/7 by sources dedicated to trends and new business ideas.
So, get into gear and good luck! And once you've joined the jubi-
lation, be sure to let us or Springwise know about your innova-
tive new products and services :-)
ā¢ Housing | Wanna Start a Commune helps its members
to harness the power of shared resources (read: saving
money by living together), with tools like a downloadable
starter pamphlet, and potluck and workshop planning
information. Three pilot projects are already underway in
the Los Angeles area. More Ā»
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