10 Crucial Consumer Trends For 2010
10 Crucial Consumer Trends For 2010
10 Crucial Consumer Trends For 2010
Opportunities aplenty in 2010 for those obsessed with satisfying consumer needs in new ways
January 2010 | First of all: It’s going to be another interesting year. Has the global recession really,
officially ended? And if so, will the aftermath cause pains for years to come? Whatever the out-
come, we find ourselves spotting more recession-proof opportunities than ever before. Why? Con-
sumers, recession-stricken or not, still value innovations that are pragmatic, or exciting, or those
that save them money, or entertain them.... oh well, you get the picture. Time to get busy again!
P.S. For those of you who need to know ALL the trends that will excite consumers over the next 12
months, don't miss out on our new, exclusive 2010 Trend Report. More info here »
• We’re also not saying there are only 10 consumer trends to This year, prepare for ‘business as unusual’. For the first time,
track in 2010: There are dozens of important consumer there’s a global understanding, if not a feeling of urgency that
trends worth applying at any given time of the year. We sustainability, in every possible meaning of the word, is the only
merely bring you a selection. If you crave more, do check out way forward. How that should or shouldn’t impact consumer so-
all other trend firms’ Top Ten lists, or purchase our Premium cieties is of course still part of a raging debate, but at least there
service, which includes a full 2010 Trend Report. is a debate.
• This means that many trends we’ve highlighted over the last Meanwhile, in mature consumer societies, companies will have to
years will still be as important next year as the ones we dis- do more than just embrace the notion of being a good corporate
cuss in this briefing. Will STATUS STORIES (2008) still be citizen. To truly prosper, they will have to ‘move with the culture’.
big in 2010? You bet. Will SELLSUMERS (2009) continue to This may mean displaying greater transparency and honesty, or
proliferate? Of course. Is CURATED CONSUMPTION having conversations as opposed to one-way advertising, or
(2004!) still important? Definitely. Will we see more BRAND championing collaboration instead of an us-them mentality. Or, it
BUTLER examples? As long as the mantra of marketing could be intrinsically about generosity versus greed, or being a bit
being a service survives, then yes. edgy and daring as opposed to safe and bland.
• These trends don't apply to all consumers. Hardly any trend As always, the future is unevenly distributed: one only needs to
does, anyway. look at the Googles and the Amazons and the Zappos and the
Virgins of this world to get a feel for 'business as unusual'. So not
• Last but not least, this is about applying. Innovations. surprisingly, the trends in this briefing all touch on doing things
Hands-on. Execution. Making money. Now. Forget ‘Nice to differently, driven by changing consumer preferences and desires.
Know’ or ‘Cool Stuff’ or ‘Pie in the Sky’. For how to apply Time to study and learn from those brands that you think are al-
these trends straightaway, see the last section of this brief- ready mirroring today's more diverse, chaotic, networked society,
ing. and then outdo them ;-)
Live reviews from aboard the maiden flight of BA’s new all- Oh, and how to deal with REAL-TIME REVIEWS? Either outper-
business service between London City and JFK form so reviews will be positive, or adopt a radical 'beta-mindset'
(re-read our FOREVERISM briefing for more on this) which
We recently highlighted NOWISM*, and while that mega-trend in means you involve customers in your development processes
its entirety should be on your radar for the next 12 months, let’s from day one, eliminating the possibility of out-of-the-blue bad
dive into one sub-trend that will be truly disruptive: the rise of reviews upon launch.
REAL-TIME REVIEWS.
Love this stuff? Then do re-read our TRANSPARENCY TRI-
In short, with even more people sharing, in real time, everything UMPH and NOWISM briefings, too. No rest for the wicked!
they do**, buy, listen to, watch, attend, wear and so on, and with
even more search engines and tracking services making it easy to
find and group these ‘live dispatches’ by theme, topic or brand,
This year, luxury, and what it means to a bewildering number of We know you all know about limited editions as an enduring
‘consumer segments’, will remain in flux. luxury-strategy; it is an easy way to appeal to consumers’ need
for exclusivity and scarcity, amidst a 'Sea of Sameness'. So why
So how will luxury brands fare over the next 12 months? What will not introduce LIMITED LOCATIONS to extend the scarcity theme
define luxury over the next few years? The answer is ‘luxury will to the distribution channel?
be whatever you want it to be'. After all, what constitutes luxury is
closely related to what constitutes scarcity. And, beyond the ba- This year, just sell something special, something premium, some-
sic needs, scarcity is in the eye of the beholder, especially those thing desirable in just one (geographical) location. Which means
beholders who are desperately trying to be unique. Now that forgoing a chain-wide rollout or selling to all from a borderless e-
there are so many more ways to be unique than just buy the big- shop. The limitation this will put on distribution opportunities will
gest and the most expensive, how about luxury constituting: be compensated for by enthusiasm, PR and premium prices.
Anything commissioned? Providing 'access'? Secrets? Stories? For shoppers, it brings back the thrill of (literally) having to go
Time with one's loved ones? Time for oneself? All things local? places to pick up something for others or themselves. Think
Peace and quiet, if not escape? Eco-friendly? Human-friendly? about it, what better cure for retail blandness than to turn a
Animal-friendly? Caring? Empathy? Perks? Craft? Friends? Hav- Stockholm or Istanbul flagship store into a true destination again?
ing a larger-than-life perspective? Households of six or more? An Or what if every one of your stores/outlets/venues had its own
audience? Eccentricity? Appointment-only? Relevant informa- unique experience and assortment?
tion? Extreme personalization? Not having or wanting to con-
sume? Being opinionated? Anything premium? Fuck-you money? Like aforementioned URBAN PRIDE, turning locations into desti-
Curation if not the absence of any kind of choice? Philanthropy? nations is something that will mainly benefit bigger brands, help-
Bespoke goods and services? Knowledge? Skills? Frugality? ing them become less cookie-cutter, less bland, as niche brands
Health? Etiquette & manners? Or a mix of any of these? almost practice LIMITED LOCATIONS by default.
So don't worry about missing out on the next big thing in luxury, Examples from brands already having fun with LIMITED LOCA-
focus on defining it. How? By finding and coining the right (status) TIONS:
trigger for the right audience. Just declare that the end is nigh for
anything that’s getting a little too affordable, too accessible, too • Fashion brand Bape sells some of its limited edition
polluting, or just too well-known. Then introduce something very lines only in stores in the Kagoshima, Harajuku, Nagoya
and Matsuyama regions of Tokyo.
• Last but not least: The mobile web has bridged the gap
between either being offline in the real world, or being
online but in one location (mostly living rooms and of-
fices). Thanks to a dozen years of predicting an immi-
nent, mass-breakthrough of mobile internet, no one gets
really excited about the prospect of no longer being
stuck when online. However, it will dominate 2010, and it
will fuel MASS MINGLING like there's no tomorrow, as
online will be offline by default, and vice versa.
Let’s face it: this year will be rawer, more opinionated, more ris-
qué, more in your face than ever before. Your audiences (who are
by now thoroughly exposed to, well, anything, for which you can
You are reading a PDF version of 10 trends for 2010 ( www.trendwatching.com/briefing)
• Parisian designer, Nicole Locher, has launched a collec-
tion of women's tops with embroidered messages in-
cluding "I Aint Your Fucking Sweetheart", "Little Slut",
"Don't You Fucking Look At Me.