As we all learned last year, predicting the future can be challenging, if not impossible. Every January I take a look at trends to be mindful of for the coming year. My five 2020 predictions were tracking well until March, and then the world tossed us a new playbook. Remarkably however, several of them actually held up quite well - including my wildcard suggestion to buy … [Read more...]
Risk Credits, Touch Economics & Craving Comfort: Three key behavior motivators
As we enter the tenth month since the pandemic began, it has become obvious that many consumer behaviours are becoming habits, and those habits at scale over time are becoming trends. I'm fascinated watching and studying all the shifts taking place right now, many of them well on their way to becoming permanent. One way to understand what is driving behaviour, is to look at … [Read more...]
New Behaviours Becoming Habits & Habits at Scale Becoming Trends
As we enter the eighth month since the pandemic began, it is becoming evident that many changed behaviours are becoming habits. While external forces such as lock downs, concern for safety, or just plain availability and changed distribution systems may have prompted the initial shift, along the way we've seen internal reasons emerge for staying with the new pattern - we found … [Read more...]
In Search of Serendipity
I’ve noticed a curious thing recently, and it relates directly back to creativity and the ability to track trends, which is at the heart of marketing and entrepreneurship. I think of myself as a reasonably creative person and one that spots trends early, but I’ve realized that a lot of that ability stems from serendipity – chance encounters, discussions with strangers, … [Read more...]
Being Word of Mouth Worthy
I’ll freely admit to being someone who gets more excited about letters than numbers. As in I’d much rather play with words and sentence structure, than statistics or budgets. However, a couple numbers caught my eye while reading a piece of research from Rutgers University related to consumer behavior and marketing: - 70% of word of mouth conversations happen face-to-face - … [Read more...]
