ady floyd...ady floyd senior research manager, trend hunter • #1 largest, most popular trend...
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Ady FloydSenior Research Manager, Trend Hunter
• #1 Largest, Most Popular Trend Website
• Contributed thousands of articles with 7,500,000 + views
• Curated custom research for MTV, Nestle, Kroger, Target, VISA
• Facilitated workshops and trend sessions with Beam Suntory, Roots, Coca-Cola
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RETAILThe Future of Omnichannel, Convenience & the Seamless World
Over
5,000stores have closed in 2018
- MoneyWise
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Back to Brick (2009)Innovative approaches bring online shoppers back in stores
SCORE
5.2
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 12 FEATURED, 81 EXAMPLES
1,590,990 Total ClicksHunt.to/55325
Boutique Vending Machines'U*tique' Upscale Automated Retail Shopping
Stylish Shopping ShootsJulius Bramanto's 'Market Maiden' Makes the Farmer's Market Fashionable
In-Store Online ShoppingIntel Point-of-Sale Kiosk Skips Sales Personnel But Not Fitting Rooms
In-Store Fan Shout-Outs"Twilight" Cast Takes a Break From "New Moon" for Fan Video
Brick and Glass ShowroomsMartin Margiela's Munich Store Is An Eclectic Fashion Hub
Solar-Powered Shopping MallsJapan's Aeon and Oasis 21 Green Architecture
Shopping Dogs to Sell Pet Food
Magnetic Mall Ads
Giant Independent Bookstores
Designers Resisting Online Shopping
Rock Stars in Supermarkets
Self-Weighing Shopping Carts
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Digital Gifting (2011)Online shoppers use digital media tools for gifts
SCORE
2.8
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 7 FEATURED, 56 EXAMPLES
755,068 Total ClicksHunt.to/136515
Miniature Vintage Photo AlbumsPrintstagram Turns Digital Instagram Photos into Physical Gifts
Social Media Coffee GiftsThe Starbucks Card eGift Program is for Any Occasion
Coffee-Branded Holiday HubsThe Starbucks 'Let's Merry' Site is Dedicated to Christmas
Group Gifting Plug-Ins
Virtual Twitter Gifts
Tweetable Gifting Services
Terrific Gifting Tools
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eCommerce AmalgamationBrands blend the benefits of eCommerce and brick and mortar shopping
SCORE
7.8
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 5 FEATURED, 45 EXAMPLES
122,515 Total ClicksHunt.to/367155
Mobile eCommerce Fitting RoomsThe True & Co. Mobile Retail Store Brings the Online Store to Life
Transactional Smart MirrorsOak Labs' Retail Mirrors Can Be Used to View and Pay for Products
Physical eCommerce Fitting RoomsThe JOOOS Fitting Rooms Connect Online and Offline Retail
At-Home Fitting Room ServicesYOURFITTINGROOM is a New Service Tailored to eCommerce Customers
AI Fashion AssistantsAlibaba's 'FashionAI' is Powered by Artificial Intelligence
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Brands using omnichannel
strategies retain
89%of their customers
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73%of shoppers use multiple
channels during their shopping journey
- Harvard Business Review
The 18 Megatrends Matrix
ACCELERATION Prosumerism
Catalyzation Artificial Intelligence
CYCLICALITY Nostalgia
Naturality Youthfulness
REDUCTIONInstant Entrepreneurship
Curation Simplicity
REDIRECTION Tribalism
Gamification Experience
CONVERGENCE Multisensation
Co-creation Hybridization
DIVERGENCE Authenticity
Personalization Many to Many
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Convergence
HybridizationLines are blurring as business models, products and services merge to create unique concepts and experiences
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By
2020consumers will shop on
multiple platforms- Bright Vessel
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87%of customers want a seamless
shopping experience- Zendesk
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Brick-and-ModemPhysical stores' rise in popularity prompts online retailers to adapt
SCORE
7.5
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 4 EXAMPLES, 34 RELATED
44,941 Total ClicksHunt.to/362435
Virtual Shopping Street PlatformsOrchard Mile Lets You Build Your Own Online Shopping Street
Interactive Shopping AppsThe Simons Department Store App Lets Users Upload Product Photos
Virtual Mall AppsThe Dote App Brands Itself as a "Mobile Mall"
Virtual 4D Change RoomsClothcap Provides a Digital Rendering of How Clothing Will Fit Your Body
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Retail RetreatBrands are displaying products outside the store setting as a fun retreat
SCORE
6.6
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 5 EXAMPLES, 35 RELATED
88,003 Total ClicksHunt.to/368265
Apartment-Style Furniture ShowroomsThe Apartment by the Line is Set Up Like a Real Home
Experiential Furniture StudiosPepperfry is Changing the Way Consumers Shop for Furniture in India
Branded Boutique HotelsThe West Elm Hotel Will Double as a Furniture Showroom
Bespoke Furniture ShowroomsThe 'Kroft' Furniture Showroom is Only Accessible by Appointment
Minimalist Homeware HotelsThe Recently Opened ShenZhen MUJI Hotel is Beautifully Anti-Gorgeous
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Hybridization
1. How could you integrate your brand/products into adjacent markets?
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2. What is one industry you could tap for inspiration?
Divergence
PersonalizationSmall batch production technologies and more personalized media are creating an expectation for personalization.
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56%want a retailer that
recognizes them by name- evergage
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58% want recommendations
based on past purchases- evergage
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AI MeasureFashion retailers employ virtual scanning devices to customize clothing
SCORE
6.8
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 4 EXAMPLES, 36 RELATED
145,749 Total ClicksHunt.to/369838
Foot Shape ScannersVolumental's Device Addresses Fit for Online Shoe Shopping
Virtual Shoe-Fitting ServicesDepartment Store Isetan Uses a Flickfit3D Scanner to Measure Feet
Retail-Recommending AccessoriesThe Starlook App Helps You Find Clothes That Fit Your Body Type
AI Fashion-Fitting SystemsBody Labs Blue Uses AI and Machine Learning to Fit Garments
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Omnichannel AssistanceBrands create seamless shopping micro-moments through digital assistance
SCORE
5.7
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 5 EXAMPLES, 44 RELATED
39,365 Total ClicksHunt.to/350457
Retail Comparison AppsThe FindSimilar App Helps Shoppers at Hammerson Stores Discover New Items
Reward-Finding Shopping Apps'Dosh' Finds Cash Back Shopping Opportunities Automatically
Ethical Shopping ExtensionsDoneGood's Chrome Plugin Suggests Alternatives When Shopping Online
TV Series Outfit RetailersThe Dote App Lets Consumers Shop Outfits as Seen on 'The Bold Type'
Mobile Mall WalletsSamsung Pay Members Can Now Use the Mobile Payment Card App for Online Malls
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83%of marketers say creating personalized
content is their biggest challenge- Rapt Media
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Omni-PersonalBrands combine social media and personalization to increase engagement
SCORE
7.7
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 4 EXAMPLES, 36 RELATED
22,143 Total ClicksHunt.to/380110
Personal eCommerce Website Platforms'Diggsweep' Creates a Unique URL and Site for Your Sale
Social Media Queueing CampaignsNike Created a Virtual #AirMaxLine for Sneakerheads on Instagram
On-Demand Snow BillboardsSwiss International Air Lines Made a Tweet-Powered Travel Billboard
Social Media Burger PersonalizationBurger King Lets You Customize Your Own Burger Via Instagram
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Personalization
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1. How can you utilize multiple channels to personalize the path to purchase?
Redirection
ExperienceIn a world abundant with ‘stuff,’ experience becomes a more important currency and life priority.
72%of digital shoppers say in-store
experiences are most important- invespcro
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Retail GamingRetailers outside of tech incorporate in-store games to boost engagement
SCORE
7.9
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 5 EXAMPLES, 45 RELATED
61,120 Total ClicksHunt.to/370515
Gamified Sneaker Experiences'Reactland' Expresses the "Bounce" of the Nike 'Epic React' Style
Mini Golf Bars'Puttshack' Reimagines the Indoor Golf Experience with Gamified Tech
VR Store OpeningsIKEA Kicked Off the Opening of a New Location with Virtual Reality Experiences
Gamified Furniture CampaignsIKEA's 'Matchers Keepers' Uses AR to Solve Furniture Disputes
Furniture Brand Pop-Up ShopsToronto's IKEA Play Café is an Immersive Retail Experience
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Retail Tech DirectoryStores leverages technology to help consumers find and learn about products
SCORE
5.3
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 5 EXAMPLES, 45 RELATED
69,704 Total ClicksHunt.to/382125
Tablet-Connected Shopping CartsFocal Systems' Grocery Cart Tech Assists Consumers with AI
In-Store Product-Detecting AppsTarget's App Will Direct a Shopper to a Product Via an Indoor Map
Interactive Retail RobotsThe 'PadBot P3' Greets Customers and Provides Specialized Offers
Smart Department Store Companions'Macy's on Call' Helps Shoppers Navigate Their Local Stores
Indoor Navigational Solutions'Mapsted' Offers Advanced Navigation in Malls, Stores and Beyond
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Experience
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1. How can technology help you transform the customer experience?
Acceleration
Artificial IntelligenceWe are entering a transformative new era, denoted by an exponential growth in data, robotics and intelligence.
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40%of consumer will prefer voice-
activated shopping- Capgemini Digital Transformation Institute
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81%of users interact with voice-
assistants via smartphones- Capgemini Digital Transformation Institute
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Voice-Activated RetailRetailers leverage voice assistive technology in the purchase journey
SCORE
5.9
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 5 EXAMPLES, 43 RELATED
27,432 Total ClicksHunt.to/368922
Voice Shopping PlatformsAlpine.AI by Voicelabs Builds Voice-Enabled Apps for Retail Purposes
Voice Shopping ServicesWalmart is Set to Offer Voice Shopping in Partnership with Google
AI Beauty AdvisorsThe Revieve Beauty Advisor on Amazon Alexa Makes Tailored Recommendations
Voice Assistant StylistsPoshmark's 'Stylist Match' Leverages Amazon Alexa for Recommendations
Vocal Shopping PlatformsThe Voysis Platform Can Turn Any E-Commerce Site into a Smart Experience
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Cashless RetailRetail stores go entirely cashless in order to streamline processes
SCORE
7.3
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 6 EXAMPLES, 50 RELATED
63,163 Total ClicksHunt.to/368469
Offline Fashion ShopsThe First-Ever Brick-and-Mortar Everlane Store is Now Open in NYC
Connected Convenience StoresThe Amazon Go Store is Open and Aims to Change the Way we Shop
Streamlined Checkout ServicesSainsbury's 'SmartShop' Enables Checkout Via a Mobile or Handset
Cash-Free Cryptocurrency CafesThe Ducatus Cafe Accepts Payments Via Its In-House Cryptocurrency
Cashless Resort Concepts
Cashless Coffee Shops
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87% believe blockchain is important
for the future of retail- Cognizat
82%predict blockchain will save
them money- Cognizat
Traceable TransparencyEmerging blockchain platforms offer increased transparency for consumers
SCORE
6.7
POPULARITY
ACTIVITY
FRESHNESS
PATTERNS MEGATRENDS 4 EXAMPLES, 36 RELATED
74,029 Total ClicksHunt.to/376709
Traceable QR LabelsBureau Veritas' 'Origin' Label Lets Customers View a Product's Journey
Transparency-Focused Chicken ProductsCarrefour is Encouraging Transparency with Blockchain
Blockchain Ticketing Systems'Aventus' Makes Ticket Sales More Secure and Less Fraudulent
Blockchain-Backed AdvertisingLucidity's Advertising Blockchain Offers Transparency and Trust
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Artificial Intelligence
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1. How do you plan to use AI to disrupt your industry?
2. How can you ensure your company isn’t displaced by new technologies?
“It used to be that companies
were built to last.
Now they are built to
change.”
Lori Mitchell-Keller
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ADJACENT INDUSTRY
WORK SESSION
Value Proposition Disruptive Features Key Products / Svcs
23andMeHyper Personalization
(10 Minutes)
Google AIHigh-Tech
(10 Minutes)
Patagonia $100 Billion Purpose Fund
(10 Minutes)
10 mins
Value Proposition Disruptive Features Key Products / Svcs
23andMeHyper Personalization
(10 Minutes)
Google AIHigh-Tech
(10 Minutes)
Patagonia $100 Billion Purpose Fund
(10 Minutes)
10 mins
Value Proposition Disruptive Features Key Products / Svcs
23andMeHyper Personalization
(10 Minutes)
Google AIHigh-Tech
(10 Minutes)
Patagonia $100 Billion Purpose Fund
(10 Minutes)
10 mins
Short Term Long Term Dream List
Priority #1(5 Minutes)
Priority #2(5 Minutes)
Short Term Long Term Dream List
Priority #1(5 Minutes)
Priority #2(5 Minutes)
TAKEAWAYS:
1. Challenge your own perspective & look at someone else's
2. Roleplay how different companies could disrupt you
3. Use this to identify your strengths and areas for opportunities
Thank you!Questions? [email protected]