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William Higham
Next Big Thing
03/09/13

THE NEXT BIG
THING
SPOTTING & FORECASTING CONSUMER
TRENDS
A LITTLE BACKGROUND
WHY TRENDS?
WHY TRENDS?
WHY TRENDS?
WHAT ARE TRENDS?
WHAT IMPACT DO TRENDS HAVE?

Strategy
New
Products

Marketing

Sales

Human
Resources

Comms
HOW DO TRENDS HAPPEN?

1.
External
Drivers

2.
Changing
Attitudes

3.
Future
Behaviour
HOW DO TRENDS HAPPEN?

1.
Prosperity

3.
2.
Confidence Spending
HOW CAN YOU SPOT A TREND?

1.
Identify
External
Drivers

2.
Determine
Changing
Attitudes

3.
Anticipate
Future
Behaviour
HOW CAN YOU SPOT A TREND?

Services
catering
for new
needs

Changing
attitudes
or
behaviour

New
externa
l
drivers
PREDICTION
HOW SHOULD YOU ANALYSE A
TREND?
What

… is the trend?

Why

… is it happening?

When … will it peak?
How

… strong will it be?

Where … will it spread?
Who

… will it affect?
HOW YOU CAN TELL A TREND FROM A
FAD?
HOW YOU CAN TELL A TREND FROM A
FAD?
HOW YOU CAN TELL A TREND FROM A
FAD?

1.
External
Drivers

2.
Changing
Attitudes

3.
Future
Behaviour
HOW CAN YOU USE A TREND?

Strategy
New
Products

Human
Resources

Marketing

Sales

Comms
TO SUM UP

Strategy
New
Products

Marketing

2.
Changing
Attitudes

New
extern
al
driver
s
THANK YOU

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The Next Big Thing: Predicting Consumer Behaviour