ady floyd...ady floyd senior research manager, trend hunter • #1 largest, most popular trend...

46
Ady Floyd Senior 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

Upload: others

Post on 20-Sep-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

Page 2: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

© Copyright

RETAILThe Future of Omnichannel, Convenience & the Seamless World

Page 3: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Over

5,000stores have closed in 2018

- MoneyWise

© Copyright

Page 4: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 5: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 6: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 7: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

© Copyright

Brands using omnichannel

strategies retain

89%of their customers

Page 8: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

© Copyright

73%of shoppers use multiple

channels during their shopping journey

- Harvard Business Review

Page 9: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© Copyright

Page 10: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Convergence

HybridizationLines are blurring as business models, products and services merge to create unique concepts and experiences

© Copyright

Page 11: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

By

2020consumers will shop on

multiple platforms- Bright Vessel

© Copyright

Page 12: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

87%of customers want a seamless

shopping experience- Zendesk

© Copyright

Page 13: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 14: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 15: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Hybridization

1. How could you integrate your brand/products into adjacent markets?

© Copyright

2. What is one industry you could tap for inspiration?

Page 16: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Divergence

PersonalizationSmall batch production technologies and more personalized media are creating an expectation for personalization.

© Copyright

Page 17: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

56%want a retailer that

recognizes them by name- evergage

© Copyright

Page 18: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

58% want recommendations

based on past purchases- evergage

© Copyright

Page 19: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 20: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 21: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

83%of marketers say creating personalized

content is their biggest challenge- Rapt Media

© Copyright

Page 22: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 23: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Personalization

© Copyright

1. How can you utilize multiple channels to personalize the path to purchase?

Page 24: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Redirection

ExperienceIn a world abundant with ‘stuff,’ experience becomes a more important currency and life priority.

Page 25: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

72%of digital shoppers say in-store

experiences are most important- invespcro

© Copyright

Page 26: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 27: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 28: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Experience

© Copyright

1. How can technology help you transform the customer experience?

Page 29: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Acceleration

Artificial IntelligenceWe are entering a transformative new era, denoted by an exponential growth in data, robotics and intelligence.

© Copyright

Page 30: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

40%of consumer will prefer voice-

activated shopping- Capgemini Digital Transformation Institute

© Copyright

Page 31: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

81%of users interact with voice-

assistants via smartphones- Capgemini Digital Transformation Institute

© Copyright

Page 32: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 33: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 34: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

87% believe blockchain is important

for the future of retail- Cognizat

Page 35: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

82%predict blockchain will save

them money- Cognizat

Page 36: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

© CopyrightAll rights reserved

Page 37: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Artificial Intelligence

© Copyright

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?

Page 38: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

“It used to be that companies

were built to last.

Now they are built to

change.”

Lori Mitchell-Keller

© Copyright

Page 39: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

ADJACENT INDUSTRY

WORK SESSION

Page 40: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

Page 41: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

Page 42: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

Page 43: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Short Term Long Term Dream List

Priority #1(5 Minutes)

Priority #2(5 Minutes)

Page 44: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Short Term Long Term Dream List

Priority #1(5 Minutes)

Priority #2(5 Minutes)

Page 45: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

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

Page 46: Ady Floyd...Ady Floyd Senior Research Manager, Trend Hunter • #1 Largest, Most Popular Trend Website • Contributed thousands of articles with 7,500,000 + views • Curated custom

Thank you!Questions? [email protected]