In this edition, we highlight two mega-trends that are
impacting the 'business of business' like few others do:
the rise of a new, worldwide MASS CLASS and the insatiable
demand for ONLINE OXYGEN amongst 600 million online consumers.
On top of that, we've included updates for three of our
previously highlighted (and somewhat less mega-esque)
trends: JINGLE CASTING, SYMPVERTISING and GRAVANITY.
We're also happy to let you know that there are now more
than 15,000 subscribers to our global trends and new
business ideas newsletters: a great incentive to further
expand our scanning and spotting activities, and to bring
you even more hot consumer/marketing trends and related
new business opportunities in the months to come.
Our next issue is due on 15 July 2003, don't forget
to forward the newsletter to your friends and co-workers!
(The ones that deserve it ;-)
|
|
The ongoing democratization of luxury (read: quality consumer goods and services
at ever decreasing prices) has created powerful icons of new-style mass consumption:
think Nokia, H&M, Zara, ING, DELL Computers, Gap, Virgin, Microsoft, Nike,
EasyJet, or L'Oreal.
These companies cater to what TRENDWATCHING.COM has dubbed MASS
CLASS: the hundreds of millions of global consumers who are now
unified in their quest for the best deals on offer on a global scale in virtually
each B2C category.
The MASS CLASS
has not replaced its well-know predecessor, the 'Global
Middle Class', but rather incorporated its richer cousin,
sharing a level of purchasing power when it comes to most
B2C goods and services, save for the really big ticket
items like housing, college education and high-end cars.
In other words, MASS CLASS
puts any Shanghai and Prague shopper making $5000 a year
on par with Swiss and US consumers bagging $5,000 a month,
when it comes to consumption of quality mass goods.
So what are the drivers behind this trend? A snapshot*:
 |
Unprecedented wealth in the 'developed' world, encouraging
and inspiring leading entrepreneurs and corporations to continually introduce
higher quality goods and services (GDP per head in OECD countries has increased
up to tenfold over the last three decades. Biggest winner: South Korea: up twentyfold
from little more than US$700 in 1970 to US$15,000 in 2000). |
 |
Equally impressive growth in prosperity in many developing
nations, spawning hundreds of millions of 'new'
consumers that are copying the developed world in
taste and preference. |
 |
Entire countries and regions becoming both factories
to the world (keeping costs down) AND massive consumer
markets (Swedish home furnisher IKEA opened its
largest store in Asia in April of this year, the
retailer's second outlet in China's largest city
Shanghai. Ten new outlets should be in operation
by 2010. China is Ikea's largest purchasing market,
with 15 percent of its products originating there.
|
 |
Global communication channels allowing for mass branding
and advertising like we haven't seen before in economic history: the global MTV
network alone annually attracts more than 366 million households and a billion
viewers. |
* Each and every of these developments warrants its
own trend description and elaboration; the upcoming issues
of this newsletter will bring you just that.
How to profit from a massive trend like
MASS CLASS?
Well, to start off with, try incorporating it into your
strategic vocabulary. MASS
CLASS as a phenomenon represents new markets,
new consumers, and new competition going after these vast
opportunities. Prepare for a new breed of entrepreneurs
willing to challenge any existing business model that
shows even the slightest sign of fatigue, jumping on the
enormous economies of scale and scope made possible by
this unified mass of consumers. Furthermore, expect many
incumbents in retail, travel, financial services, etc.
to try to copy their low cost / high quality rivals by
imitating new business ideas, failing to grasp
that behind those ideas lie fundamentally different business
models. Witness airlines like British Airways
and KLM recently giving up on establishing MASS
CLASS carriers inspired by Ryan Air and
EasyJet.
And consider the opportunities offered by the unavoidable
anti-trend, which for MASS
CLASS would be MASSCLUSIVITY:
a sudden craving for a bit of privilege and status amongst
the masses will favour a new breed of nimble service providers,
modeled after phenomena like the restricted-access airport
lounge. But even here, incumbents may find that their
'old-style middle class' won't fill this niche: their
bland service levels represent neither true privilege
nor true MASS CLASS
value.
Again, this trend is multi-faceted and incorporates plenty of sub-trends, which
is why we will devote more space to it in upcoming issues. Stay tuned, en masse
;-) >>
Email this trend to a friend.
Other trends linked to the MASS CLASS
trend:
1. EASY ASIA
2. MASSCLUSIVITY
WANT TO LINK TO THIS TREND?
http://www.trendwatching.com/trends/2003/06/MASS_CLASS.html
|
|
|
Want another Big Trend? Well, just
consider the fact that these days, consumers don't want
online access anywhere/anytime, they absolutely CRAVE
it! From airports to living rooms to roof gardens to classrooms
to city parks, people go to great lengths to
get a dose of what TRENDWATCHING.COM has dubbed ONLINE
OXYGEN. Seven years after the first web
sites started popping up, and email made its way from
science labs to office desks and living rooms, 600 million
consumers worldwide are beginning to see online access
as an absolute necessity, and there are no signs that
the pace of integrating online access into daily life
is slowing down.
Some global numbers:
Dialing in is out, fast 24/7 access is IN. One third of
all American internet users now have access to a broadband
connection, a 50% jump compared to last year. In countries
like Canada and South Korea, 50% of all internet users
enjoy unlimited fast access (source: Pew Internet). In
Europe, the number of broadband connections increased
136% over the last 12 months, with Spain, France and the
Netherlands leading the pack.
On the wireless front (and this is where ONLINE
OXYGEN could almost be taken literally),
Intel, AT&T, T-Mobile and a host of other IT and telco
companies are urging companies and consumers in the US
and EU to 'UNWIRE', relentlessly promoting WiFi enabled
laptops and installing 'hot spots' in thousands of locations
like airports, Starbucks cafes, Borders bookstores, hotels
and other commercial and public spaces.
In fact, Intel's wireless chip 'Centrino' will be installed
in more than half of all new notebooks worldwide as of
next quarter. Notebook/laptop owners will be able to instantly
connect from an estimated 9,700 'hotspots' this year,
increasing to nearly 118,000 wireless hot zones by 2006
(source: IDC). And yes, that includes the 17 Starbucks
cafes in Shanghai already offering wireless access with
your latte, courtesy of Tian Yi Tong (Shanghai Telecom's
service). To call this a global phenomenon
is almost an understatement.
And we haven't even touched upon the looming explosion
in WiFi enabled PDAs and phones. 'Traditional' cell/mobile
phones connecting to the Internet at high speed will also
be a common sight: already, Vodafone is plastering European
business mags with its 'Mobile Connect Card' ads: basically
a card with a small antenna that allows you to dial in
from your laptop wherever Vodafone has a signal (and they're
everywhere these days!).
Meanwhile, at home, Americans are installing wireless
networks like there is no tomorrow. The number of home
network units in the US has grown from less that one million
units in 2001 to approximately eight million units in
2002 and is expected to reach over 60 million units in
2005 (source: In-Stat MDR).
Now, the above may sound like a lot of tech, and yes,
the IT industry is aggressively pushing wireless and broadband,
but TRENDWATCHING.COM has not yet spotted any consumers
who are discontent with fast internet or being able to
log in wherever they are. Au contraire, consider the following
random ONLINE OXYGEN
facts and figures:
-- The Internet has overtaken television as the most heavily used medium among
teenage boys in Hong Kong, according to new research from NFO WorldGroup.
-- AOL has found that the Internet is now the primary
communication tool for US teenagers. Which is backed by
new data from media metrics firm Edison Media Research:
34 percent of Americans chose the Internet as the most
"cool and exciting" medium -- 1 percent less
than television. The numbers were much higher among 12
to 34-year-olds, however: 46 percent voted the Internet
as the "most essential" medium to their lives,
while 29 percent picked TV.
-- An Ipsos-Reid survey asked Canadians the famous "desert
island" question, in which respondents are asked
what they would want to have with them in the event of
being stranded on a desert island. The majority (51 percent)
of online Canadian families said they would bring their
PC over their telephone (21 percent) and television (12
percent)!
-- And it's not just teens and families: almost 20 percent
of European seniors now have internet access, according
to a new study from Forrester Research. The latest survey
from the company indicates that the number of consumers
older than 55 that are online has increased by 50 percent
in two and a half years, up from almost 10 million in
2000 to more than 15 million at the end of 2002.
So is your business ready to deal with consumers (and
employees!) who thrive on ONLINE
OXYGEN? Have you considered partnering
in any shape or form with one of the new kids on the block,
from cross-media marketing companies to WiFi providers?
Have you incorporated the opportunities and threats of
broadband, wireless, and the popularity of 'being digital'
in general, into your marketing, IT and distribution strategies?
Have you allocated a suitable percentage of your advertising
budget to online advertising, as that's where the action
is? (Online ads total 10 percent of Volvo's entire marketing
budget. And that was last year!).
Time to infuse your strategies and action plans with a
blast of fresh air!
We will continue to closely track ONLINE
OXYGEN as one of our key 'technology &
behavior' trends; expect more real-life examples and opportunities
in the months to come. >>
Email this trend to a friend.
Other trends and new business ideas linked to the ONLINE
OXYGEN trend:
1. OLDBIES
2. Big
Mac? Big Tec!
WANT TO LINK TO THIS TREND?
http://www.trendwatching.com/trends/2003/06/ONLINE_OXYGEN.html
|

[+] Click
to view entire image
|

|
Our other site, Springwise,
is a bit more hands-on: it brings you cool new business
ideas and companies, proven successful with consumers
in a certain country, and thus, in our global community
(MASS CLASS!), well positioned to take off in the rest of
the world. That's why the free Springwise newsletter is
the global no. 1 inspirational source for new business ideas
enthusiasts.
Previous newsletters included everything from healthy
fast food to heavenly
beds and commercial
car-sharing ventures to investment
services for asset-rich women.
Joining thousands of business professionals who already
subscribe is easy: just go to www.springwise.com.
Enjoy!
|
|

|
Trends featured in earlier newsletters
become part of TRENDWATCHING.COM
'Live', our online monitor and database which will launch in September 2003,
and continue to be tracked for related new business ideas and examples.
To balance the mega-impactful MASS CLASS and ONLINE OXYGEN trends above, here's
a small selection of some lighter fare we spotted over the last few weeks. Nevertheless,
these updates should provide some instant inspiration for marketers and creatives
looking to spice up their goods and wares.
|
|
|
SYMPVERTISING is about marketing
campaigns infused with a pinch of sympathy in times of economic uncertainty.
Well, who would have thought even big financial institutions would join this trend?
We spotted a three-page ad for American Express' Financial
Advisors (the three pages definitely made it easier to
spot!), claiming that there's one economy you CAN be optimistic
about. And they obviously weren't referring to the US
economy, EU markets or to Japanese macro-economic trends.
No, this ad is all about 'Managing the Economy that means
most: YOURS.' Single-parent economies and second-career
folks are given the extra consideration they deserve.
And whether or not you have the cash and assets to really be of interest to an
AMEX advisor, at least this corporation acknowledges that we're not exactly living
in the roaring nineties anymore. More at: http://www.americanexpress.com/myeconomy
May we suggest that other financial, automotive, and electronics
giants follow suit and show consumers that they understand
times are more insecure?
>>
Email this trend to a friend.
WANT TO VIEW THE ORIGINAL TREND DESCRIPTION?
http://www.trendwatching.com/trends/2002/12/SYMPVERTISING.html
|

[+] Click
to view entire ad
|
|
What's to stop corporations, organizations and political parties from enticing
consumers to download their jingles, commercials or political cries for change,
or using alternative broadcasting channels to spread their corporate tunes and
jingles?
Nothing, as Domino's Pizza showed by introducing electrical
delivery scooters sporting corporate-jingle claxons (source:
Volkskrant). Gimmicky? Yes. But don't underestimate the
power of corporate jingles: just hearing the first few
notes of 'Always Coca-Cola' may entice thirsty consumers
around the world to head for the vending machine or fridge.
So encountering a beeping Domino's scooter around dinner
time may do wonders for your appetite AND for Domino's
marketing manager entrusted with meeting the sales targets
for the 'Pepperoni' or 'Vegi Feast'!
In fact, getting consumers to recognize your corporate
jingle, and then using the many new broadcasting channels
to literally 'be heard' when it counts, should become
an integral part of marketing strategies. TRENDWATCHING.COM
is waiting for the first beverage giant to persuade a
leading DJ (Tiësto?) to turn a corporate jingle into
a global clubbing hit. Subliminal marketing that would
have revelers mobbing the bar! >>
Email this trend to a friend.
WANT TO VIEW THE ORIGINAL TREND DESCRIPTION?
http://www.trendwatching.com/trends/2002/11/JINGLECASTING.html
|
|

|
This is where graffiti meets vanity: catering to the
obsession of hundreds of millions of individuals who secretly
dream of immortality, or at least some public attention.
Something the Dutch postal service (TPG
Post) apparently understands very well: they came
up with what must be the ultimate GRAVANITY
service; the ability to create your OWN stamps, using
a picture or photograph of your own choice, valid on everything
from postcards and letters to brochures and packages.
Think mug shots, baby pics or family portraits: in the
end it's all about YOU.
How it works: on the TPG
website, customers access the dedicated 'my stamp'
application. A minimum order for 10 stamps will set you
back about 12 euros (about US$14). After selecting a suitable
decoration and uploading your photo of choice, you fill
in your address and payment details, and a set of GRAVANITY
stamps is on its way.
The pay-off? For consumers and businesses, this means a unique and eye-catching
promotional tool. For postal companies around the world, this may mean juicy revenues
in a market severely harassed by email and other digital dangers. >>
Email this trend to a friend.
WANT TO VIEW THE ORIGINAL TREND DESCRIPTION?
http://www.trendwatching.com/trends/2003/01/BRANDEDBRANDS.html
|

[+] Click
to view entire image
|

Our next newsletter, which we'll send out on 15 July 2003, will
bring you trends like 'CHAINISM', 'DAILY
LUBRICANTS', and 'POCKET PATTERNS'.
Don't forget to subscribe!
|
NEWSLETTER
TRENDWATCHING.COM
Issue 8 - July '03
HOMEPAGE
>>
SELECTION OF PREVIOUS
TRENDS
2002/2003 >>

SUBSCRIBE!
NEXT ISSUE IS DUE
15 JULY 2003
To subscribe to this FREE monthly email newsletter, please fill in your email
address.

BE NICE TO YOUR
FRIENDS AND COLLEAGUES!
If you enjoy this newsletter
and would like to let your friends or colleagues know how massively
on top of things you really are, just forward it or visit our TELL
A FRIEND page.
Thanks!
WHO IS IT FOR?
Marketers, analysts, heads of start-ups, management consultants, budding and serial
entrepreneurs, students, researchers, VCs, journalists, business development directors,
fellow trend watchers, or anyone else interested in staying on top of the latest
trends.

PRINT IT!
Click here to
for a printable version of
this newsletter.
If you have trouble viewing the file, click below for a free download of Acrobat
Reader.

CAN
I PUBLISH OR REPRODUCE SOME OF THESE TRENDS?
Yes, as long as you properly credit (and link to) the source,
www.trendwatching.com, you can publicise part or all of these trends
at your convenience.
OTHER
TREND RESOURCES WE LIKE:
Trendsetters.com,
a weekly update on the latest and greatest, from senior trend watcher Michael
Tchong.
Daily Candy,
a daily supply of happening NY and LA venues, goodies and events.
Icono Culture,
an online database loaded with trends and observations, first of its kind.
Emarketer Daily,
valuable daily email updates on marketing and e-business stats and trends.
Web Digest for Marketers,
a weekly email featuring insightful digests of happening marketing websites.
Trendcentral,
from the cool-hunters at Youth Intelligence, offering heaps of hot city, entertainment,
fashion and technology info.






WANT MORE?
NEXT ISSUE IS DUE
15 JULY 2003
Make sure you don't miss out on next issue's batch of trends! To subscribe, please
fill in your email address below and click on 'SEND'.

|