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CONSUMER

TREND CANVAS
Understand and apply any
consumer trend. Today.
CONSUMER TREND CANVAS

An easy-to-follow framework that Consumer trends are, at their heart, an essential part of
uncovering innovation opportunities. Otherwise they’re
will help you not only unpack and just intellectual masturbation: diverting, pleasant and
understand any consumer trend, entertaining, but with little real purpose ;)

but also help you apply it to launch Yet we frequently hear that ‘trends’ feel mysterious

successful consumer-facing and opaque. Which is where the CONSUMER TREND


CANVAS* comes in.
innovations of your own.

* Generously ‘inspired’ by Alex Osterwalder’s Business Model Canvas ;)

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 2


1. Print the blank canvas on the previous page - Print it out, as big
as you can! Try using it to structure an innovation session with
your team or a client.

2. Take a trend - Either from us or elsewhere.

How and when to use


3. Start with the left hand side: ‘Analyze’ - Add supporting
insights, data and examples. Keep circling back to re-examine

the canvas.
how the segments relate to each other. Insights in one segment
may highlight other elements of the trend and help you uncover
truly novel concepts.

4. Then turn to the right hand side: ‘Apply’ - To identify how,


where and for which consumers you could apply the trend.

5. Finally capture your new innovation idea! - Congratulations!


Your new idea will be deeply grounded in what consumers want,
and therefore more likely to be successful!

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 4


1.

ANALYZE
The left hand side of the CONSUMER TREND CANVAS will help
you unpack and understand the trend you are examining.

1. ANALYZE 2. APPL Y

Basic Needs Drivers of Change Innovation Potential

YOUR INNOVATION
Emerging Consumer
Expectations Who
Inspiration

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ANALYZE

Basic Needs
Consumer trends – and consumer behaviors more broadly – are

ultimately driven by basic, fundamental, rarely-if-ever-changing human

needs and desires. Identifying these underlying needs is central to

What deep consumer needs & desires understanding any consumer trend.

does this trend address? Where to start? How about these:

• Social status • Social interaction

• Self-improvement • Creativity

• Entertainment • Fairness

• Excitement • Honesty

Connection Freedom
1. ANALYZE
• •
Basic Needs Drivers of Change

• Security • Recognition

• Identity • Simplicity

Emerging Consumer
Expectations
• Relevance • Transparency
Inspiration

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ANALYZE
There are no consumer trends (such as urban transition, ageing
without change. Savvy business world and climate challenge).

Drivers of Change professionals constantly look for


shifts that make it possible to service
• Triggers are the more immediate
changes that drive the emergence
consumers’ basic needs and wants
of a consumer trend. These can
Why is this trend emerging now? in novel, exciting – better – ways.
include specific technologies,
What’s changing? To analyze change, think Shifts and political events, economic shocks,
Triggers: environmental incidents, and more.
For example, developments in visual
• Shifts are the long-term, macro
search technologies are driving the
changes that are playing out across
POINT-KNOW-BUY trend.
years or even decades, that while
not consumer trends themselves, Look at the data behind the trend.
will shape both the direction and Rapid growth or sudden shifts, even
1. ANALYZ E
flavor of a specific trend. For a if the absolute numbers might be
Basic Needs Drivers of Change

good summary of the macro shifts small, are worth attention. Think
currently shaping the world, see sales volumes, consumer behaviors
Euromonitor’s 10 Global Macro or attitudes, social media chatter, etc.
Emerging Consumer
Expectations Trends for the Next Five Years
Inspiration

TIP: Strategic frameworks can be useful tools to analyze external change. Check out the
PESTLE model (Political, Economic, Social, Technological, Legal and Environmental) and
its various adaptations.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 7


ANALYZE Consumer trends emerge when transparent, honest CLEAN SLATE

basic human needs bump up BRANDS.

Emerging Consumer
against external change to create Another example: in the music
(or unlock) new needs, wants and industry, digital technologies

Expectations
desires. And identifying these triggered consumers to expect
unmet needs and wants is the holy infinite choice and instant access
grail of understanding trends, as to music, on their terms. The
it will present you with compelling ACCESSHIP trend – exemplified by
What new consumer needs, wants and innovation opportunities. services such as Spotify – was a
expectations are created by the changes natural response.
To identify emerging needs, wants
identified above? and desires, look for expectation Try asking yourself, “What do the

Where and how does this trend satisfy them? gaps between what consumers consumers embracing the brands,
want, and what they currently have. products and services that embody

For example, the epic social shift this trend now want and even
1. ANALYZ E
away from strict formality has led to expect?”
Basic Needs Drivers of Change

people embracing more ‘human’ and One tip: pay careful attention to other
irreverent brands such as Zappos, industries. Consumers don’t think in
Ben & Jerry’s and a whole host of industry silos. New expectations of
Emerging Consumer
Expectations
others. Disillusionment with the big quality or service will usually be set
Inspiration

and dirty corporate world continues outside your industry, but they won’t
to stoke consumer enthusiasm for remain there for long.

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ANALYZE

Inspiration Regular readers will know that


we always turn to real-world
So try this: look at existing business
innovations, understand* them, then
examples to illustrate trends. Why? adapt them to your business. To gain
How are other businesses applying Because actually seeing what as wide a perspective as possible,
other businesses, entrepreneurs, look specifically at other industries,
this trend?
non-profits, governments even, are other regions or cultures, or other
already doing with the trend is a great types of business (e.g. corporate
way to better understand it (and gain versus start-ups).
inspiration ;).

Indeed, very few ‘innovations’ are


totally new. Most (successful)
1. ANALYZE innovation comes from combining
Basic Needs Drivers of Change
seemingly unrelated elements, or
taking something and deploying it in
a new context.
Emerging Consumer
Expectations
Inspiration

* Understand from the point of view of those people living this trend, which of course may
not necessarily align with your own personal likes and aspirations.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 9


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2.

APPLY
The right hand side of the CONSUMER TREND CANVAS is all about
identifying what opportunities this trend can present for your business.

1. ANALYZE 2. APPLY

Basic Needs Drivers of Change Innovation Potential

YOUR INNOVATION
Emerging Consumer
Expectations Who
Inspiration

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 11


APPLY When thinking about a consumer So, consumer trends can trigger
trend, it helps to consider how and both BIG and ‘small’ innovations.
where it could impact your business

Innovation Potential
If you’re the CEO, you’re probably
using these four areas:
more interested in whether the
• Vision: How will the deeper shifts consumer trend you’re analyzing
underlying this trend shape your is going to lead to deep, brand-
How and where could you apply this company’s long-term vision? shattering (or -building!) disruption.
trend to your business? • Business Model: Can you apply
If you’re a brand manager, you’ll be
thinking more about how to use the
this trend to launch a whole new
trend to inform and improve your
business venture or brand?
marketing campaigns.
• Product / Service / Experience:
What new products and services Not all trends will apply equally to all

could you create in light of this businesses or regions.

trend? How will you adapt your How and where you apply the trend
2. APPLY

Innovation Potential current products and services? will depend on your business. A

• Campaign: How can you luxury brand may actively choose to

incorporate this trend into your ignore the DEALER-CHIC trend. In

YOUR INNOVATION campaigns, and show consumers Asia, where admitting error means a
Who
you speak their language, that you loss of face, the FLAWSOME trend is

‘get it’. less relevant. For now.

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APPLY

Who Say ‘trends’ and many people Need further inspiration? Then look
instantly think of demographics. And to the margins and at what extreme

Which (new) customer groups could of course, consumers that share users are currently doing. New
certain traits (whether in age, income, consumer behaviors usually start
you apply this trend to? lifestyle, tribe, location etc.) will often with certain (niche) segments, before

What would you have to change? have similar tastes and preferences. evolving and spreading throughout
the mass market.
But when it comes to applying
consumer trends, try thinking beyond
those who are currently living the
trend. Indeed, thinking about what
2. APPLY

Innovation Potential
changes you would have to make,
to make this trend relevant for other
(new) demographics is a great way
to come up with new innovations.
YOUR INNOVATION

Who

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www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 14
GUILT-FREE CONSUMPTION

WORKED EXAMPLE
Check out this worked example, showing how the
GUILT-FREE CONSUMPTION trend can be analyzed
and applied using the Consumer Trend Canvas:

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 15


WORKED EXAMPLE - GUILT-FREE CONSUMPTION

GUILT-FREE CONSUMPTION:
Fueled by a pervasive awareness of the
conflicts between their consumerist
impulses and their aspirations to be
‘good’, experienced consumers are
increasingly wracked with guilt. The
result? A growing hunger for a new kind
of consumption: one that still offers
genuine pleasure without damaging
oneself, society or the planet.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 16


WORKED EXAMPLE - GUILT-FREE CONSUMPTION

Basic Needs
One of the Big Human Needs is to
consider oneself ‘good’.
People feel good about themselves
when they live according to their
deeply held values and aspirations,
and contribute to a better world.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 17


WORKED EXAMPLE - GUILT-FREE CONSUMPTION

Drivers of Change
Shifts: The online world has created a better
informed consumer class (about society,
the environment and personal health). Plus,
abundance and mass consumption has made
consumers seek meaningful brands.

Triggers: A combination of repeated tragic


incidents (from factory collapses to supply
chain exposés) and the proliferation of CLEAN
SLATE alternatives mean consumers are ever-
more frequently reminded of their guilt.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 18


WORKED EXAMPLE - GUILT-FREE CONSUMPTION

Emerging Consumer
Expectations
Consumers are now hungry for a new kind
of consumption, one that will allow them
to continue to enjoy consumption, yet not
worry (or at least worry less) about its
negative impact.

Brands are expected to minimize


environmental damage (as much as
possible), ‘give back’ to society, and to
empower consumers to better themselves.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 19


WORKED EXAMPLE - GUILT-FREE CONSUMPTION

Inspiration
Peddler’s Creamery: customer-pedaled
bicycle churner.

Fairphone: manufactured without conflict


minerals.

Patagonia’s ‘Responsible Economy’ research


effort.

Burger King’s Satisfries French fries with 40%


less fat and 30% fewer calories.

Tesla Model S’ strong commercial success in


California & Europe.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 20


WORKED EXAMPLE - GUILT-FREE CONSUMPTION

Innovation Potential
Vision: Is your company minimizing negative
impacts and even contributing positively?

Business Model: Think cradle-to-cradle and


other forms of collaborative consumption.

Product/ Service: Remove personal, social and


environmental guilt from your manufacturing,
distribution and consumption processes.

Marketing/ Campaigns: Taking steps toward


offering GFC? Then celebrate that!

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 21


WORKED EXAMPLE - GUILT-FREE CONSUMPTION

Who
Educated, informed, urban and
demanding consumer groups are
currently most vocal in their GFC
demands. But other consumer groups,
from striving parents to legacy-eyeing
boomers, are also afflicted by potent
guilt. Absolve them!

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 22


NEXT

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 23


NEXT

Use it!
The CONSUMER TREND CANVAS is just a tool.
It’s only as useful as you make it.
Download a printable blank canvas, grab a trend,
and start filling it in. Or even better, schedule a
session with your team or a client and see what
you come up with.

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 24


NEXT

Have some fun!


Trend watching is about coming up with (and
launching) exciting new products and services
for your customers, nothing more and nothing
less. It shouldn’t be scary, or boring (if it is,
you’re doing it wrong. ;)

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 25


NEXT

Get going!
Billions of consumers crave brands, products
and services that make life more exciting,
more efficient, more sustainable, and simply
better than it currently is. And there is also a
relentless, global horde of smart brands and
entrepreneurs striving to meet these cravings.
Will it be you that delivers, or someone else?

www.trendwatching.com/trends/consumertrendcanvas CONSUMER TREND CANVAS 26


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